Real Estate News

Mahindra Group steps up focus on real estate, hospitality for growth

The group stated that over the last five years, it has seen significant momentum across all its businesses, with its 'growth gems' being an important pillar of this growth

Birla Estates buys ₹159 crore worth of FSI for Khar redevelopment project

The transaction, registered earlier this week, involves FSI generated through a Slum Rehabilitation Authority (SRA) scheme on land in Kandivali.

Blackstone-backed ASK Property Fund bets Rs 500 cr on NCR plotted Housing

Initial investment of Rs 125 crore proposed for a 20-acre residential plotted colony (Township) project in Faridabad

Weeks after ₹14 cr deal, Siddhant Chaturvedi buys another flat for Rs 13 cr

Siddhant Chaturvedi Buys ₹12.63 Crore Flat in Mumbai's Juhu-JVPD, Weeks After ₹13.91 Crore Purchase

Mindspace Reit Q1 results: Net operating income rises 28% to ₹788 crore

Higher rental income, acquisitions and sustained occupancy helped the K Raheja Corp-backed Reit report strong growth in the June quarter

India's ₹3.1 lakh cr commercial property market is just a mutual fund away

Edelweiss launches India's first REIT-based index fund

DLF confident of meeting ₹20K cr FY27 pre-sales target despite weak Q1

Developer says weak first-quarter bookings reflected deferred launches and expects projects in Gurugram, Mumbai and Goa to help achieve its FY27 sales target.

DLF confident of meeting FY27 pre-sales target of ₹20k cr despite weak Q1

Realty major DLF Ltd on Tuesday exuded confidence that it will achieve sales bookings target of around Rs 20,000 crore this fiscal on strong launch pipeline and inventories in existing projects, even as the company's pre-sales plunged 94 per cent in the June quarter to Rs 657 crore. During 2025-26, DLF Ltd's sales bookings or pre-sales fell 5 per cent to Rs 20,143 crore from a record of Rs 21,223 crore in the preceding financial year. In May this year, the company had given an annual sales bookings guidance of Rs 20,000 crore for the current 2026-27 fiscal. At a webcast with a capital market analyst, DLF Ltd Managing Director Ashok Kumar Tyagi pointed out that the June quarter was weak in terms of pre-sales as the company did not launch any housing project. However, he said, "We are on track to hopefully meet our sales guidance." Tyagi said the company continues to focus on improving cash flows and embedded margins. He said the company is also looking at strategic land acquisitio

Madhuri Dixit sells commercial office for ₹4.85 crore, nearly 9-fold return

From ₹52.5 lakh to ₹4.85 crore: Madhuri Dixit's office investment clocks 824% gain

125% price gains, higher rental yields: India's housing hotspots outperform

Homes in Noida, Gurugram more than doubled in value as rents surged

Hrithik Roshan rents out Mumbai commercial property at Rs 17 lakh per month

Hrithik Roshan leases 6,000 sq ft office space in Andheri to Clearsynth Labs

Uttar Pradesh logs 53% jump in real estate investment at ₹68,328 crore

This was higher than the capital investments of ₹28,411 crore and ₹44,526 crore in the housing and commercial real estate recorded during calendar years 2023 and 2024 respectively

89% of NRI property exits are residential; Maharashtra tops resale listings

Apartments account for 63% of NRI property sales as owners unlock capital

Producer Ekta Kapoor leases Juhu apartment for Rs 36 lakh over two years

Ekta Kapoor lets out Juhu apartment under 24-month licence agreement

Prestige Estates Q1 profit drops 19% despite 16% rise in revenue

Higher contractor and land costs weigh on earnings even as revenue, collections and commercial leasing remain strong during the quarter

46% of NRI property owners want to sell now; 26% plan exits within 6 months

NRIs rethink India property bets: Nearly half plan immediate sale, says report

Knowledge Realty Q1 results: Net operating income rises 15% to ₹1,243 crore

Knowledge Realty Trust on Tuesday reported 15 per cent increase in its Net Operating Income (NOI) to Rs 1,243.1 crore for the first quarter of this fiscal and announced a record distribution of Rs 751.6 crore to unit holders. In a regulatory filing, the company said its total revenue also grew 15 per cent to Rs 1,111.7 crore during April-June quarter of 2026-27 fiscal. Knowledge Realty Trust, co-sponsored by Sattva Group and Blackstone, is India's largest REIT (real estate investment trust). Its portfolio comprises 29 Grade-A office assets totalling 46.5 million square feet as of June 30, 2026, with 37.3 million square feet of completed Area and 2.6 million square feet under construction area spread across 6 cities in India Knowledge Realty Trust declared a distributions of Rs 751.6 crore or Rs 1.70 per unit for the quarter ended June. Shirish Godbole, Chief Executive Officer of Knowledge Realty Trust, said, "We had a strong start to FY27, with both revenue and NOI growing 15 per

Lloyds Realty secures ₹600 crore rental revenue from Smartworks deal

The developer has leased the entire 182,300 sq ft of its Andheri East commercial tower, The Square, to Smartworks for 15 years

Lodha Developers targets 20% profit growth to ₹4,100 crore in FY27

Realty firm Lodha Developers Ltd is targeting 20 per cent annual growth in net profit this fiscal to Rs 4,100 crore on better demand for its housing properties and strong execution of projects. In its latest investors presentation, Mumbai-based Lodha Developers highlighted that the company has achieved best ever quarterly profit during April-June period of 2026-27 fiscal. The company's profit doubled to Rs 1,373.1 crore in April-June from Rs 675 crore in the year-ago period. On the profit after tax (PAT), Lodha Developers said the company has already achieved 33 per cent of the total guidance of Rs 4,100 crore for the entire 2026-27 fiscal. The PAT margin improved to 26.9 per cent in June quarter of FY27 from 18.6 per cent a year ago. Total income rose to Rs 5,096.7 crore from Rs 3,624.7 crore. During the entire 2025-26 fiscal, Lodha Developers logged a net profit of Rs 3,430.7 crore on a total income of Rs 17,119.5 crore. In the presentation, Lodha Developers noted that the comp

Amit Diwan takes charge of Hines' APAC and Middle East operations

The former head of Hines India will oversee operations across two regions identified by the global real estate investment manager as key engines of long-term growth