Page 2 - Real Estate News

Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore

Oberoi Realty reported a 96 per cent rise in Q4 FY26 bookings to ₹1,673 crore, with strong growth in units sold and carpet area booked

Mixed-use development gains traction in the Indian real estate market

Diversified cash flows, institutional investor interest pushing developers toward mixed-use projects

Lohia Worldspace eyes Delhi market entry, expansion in Moradabad in FY27

Lohia Worldspace plans Delhi entry with a Kirti Nagar high-rise and expands in Moradabad, targeting multiple projects and investments in FY27

NBCC sells 14 lakh sq ft commercial space in South Delhi for ₹5,779 cr

State-owned NBCC Ltd, on behalf of the government, has sold 14 lakh sq ft commercial space in South Delhi for Rs 5,779 crore. In a regulatory filing on Friday, NBCC informed that it has "successfully sold commercial built-up space of approx 14 lakh square feet area at Bharat Business Park, Sarojini Nagar, New Delhi, through an e-auction at a total sale value of approx. Rs 5,779 crore." NBCC will get a marketing fee of one per cent of the sale value. NBCC has been developing and selling commercial space in South Delhi on behalf of the government. The funds are used for the redevelopment of residential colonies. Later in a statement, NBCC Ltd said that the e-auction had offered super built-up area of 23.44 lakh sq ft across 8 towers. The auction saw an overwhelming response from international/domestic MNCs, corporates and institutional buyers. "The auction resulted in a total sale value of approximately Rs 5,779 crore, based on highest bid rates for super built-up area of approximat

Italian luxury meets Indian realty: Lamborghini-branded homes in Gurugram

Tonino Lamborghini is entering India's branded residences market through a partnership with Signature Global (India). The collaboration is for a 12.4-acre residential project in Gurugram's Sector 71

Lodha Developers expects ₹2 trillion revenue from monetisation of land bank

Realty firm Lodha Developers Ltd's existing land bank has the potential to generate about Rs 2 lakh crore revenue in the coming years, and the company will now invest less on further land acquisition, improving free cash flow. In the last few years, Lodha Developers has been aggressively acquiring land, both through outright purchases and joint ventures with land owners. In its latest operational update, Lodha Developers informed that the company acquired 12 land parcels during the last 2025-26 fiscal across Mumbai Metropolitan Region (MMR), Bengaluru and Delhi-NCR. These 12 land parcels will be used to develop projects, mainly housing, with an estimated revenue potential or gross development value (GDV) of Rs 60,000 crore. During the 2024-25 fiscal year, the company acquired 10 land parcels, having a revenue potential of Rs 23,700 crore. "As of 1st April 2026, the company has a GDV amounting to Rs 2 trillion available for sale (excluding land bank in townships which will not be us

China's Evergrande Group founder pleads guilty to fraud in downfall

Evergrande Group's founder Hui Ka Yan had been accused of a litany of crimes including illegally absorbing public deposits and fundraising fraud

Singer Sonu Nigam sells Karjat land parcels worth ₹1.95 crore in four deals

Singer Sonu Nigam sells paddy land in Maharashtra's Karjat across four transactions

Haryana's retirement housing policy: What it means for you as a homebuyer

The Haryana Government has revised its retirement housing policy and increased the Floor Area Ratio (FAR) to 3.0.

High streets outpace malls as 7 cities log 4.3 mn sq ft leasing: Report

India's retail real estate market is shifting towards experience-led formats, with high streets outperforming malls in H2 2025 as leasing demand stays strong across top seven cities

ED seizes ₹6.3 crore in money laundering probe linked to real estate fraud

The Enforcement Directorate (ED) has seized Rs 6.3 crore in cash and jewellery worth Rs 7.5 crore following searches against a Delhi-based real estate company accused of defrauding homebuyers and currently undergoing insolvency proceedings, officials said on Saturday. The action under the Prevention of Money Laundering Act (PMLA) was launched on Friday and 10 premises of former directors, promoters and associated entities of the company -- Earth Infrastructures Ltd. (EIL) -- in Delhi and Gurugram were covered. The company, according to official records, has been undergoing a corporate insolvency resolution process (CIRP) since June 2018. According to the ED officials, the money laundering case against the former directors and promoters of the company was initiated after taking cognisance of five Delhi Police (Economic Offences Wing) FIRs, apart from a complaint filed by the Serious Fraud Investigation Office (SFIO), the investigation arm of the Ministry of Corporate Affairs. The ED

Godrej Properties FY26 pre-sales up 16pc to record Rs 34,171 cr

Godrej Properties Ltd on Friday reported a 16 per cent increase in its sales bookings last fiscal to a record 34,171 crore on strong demand for its housing units. In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26. Godrej Properties had set a target of achieving Rs 32,500 crore pre-sales in the last fiscal. "FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties said in a regulatory filing. The sales bookings in Mumbai Metropolitan Region (MMR) stood at Rs 10,313 crore last fiscal, followed by Bengaluru (Rs 8,802 crore), Delhi NCR (Rs 7,410 crore), Pune (Rs 3,659 crore) and Hyderabad (Rs 2,360 crore). Gaurav Pandey, MD & CEO, Godrej

60 deals, $4.3 bn: Domestic investors lead, market hits 7-Yr high in volume

60 transactions were recorded in FY26, the highest in seven years.

Prestige Estates FY26 pre-sales rise 76% to hit record ₹30,024 crore

Realty firm Prestige Estates Projects Ltd's pre-sales rose 10 per cent to Rs 7,697 crore in the fourth quarter of the last fiscal on better demand for its housing properties. According to its latest operational update, the company's pre-sales or sales bookings stood at a record Rs 30,024 crore in the 2025-26 fiscal, up 76 per cent from the preceding year. Irfan Razack, Chairman and Managing Director, said the company has closed FY26 on a strong note, with steady sales momentum through the last financial year and a good finish in the fourth quarter. "Demand across our key markets has remained encouraging, and our focus on quality, location, and timely execution continues to resonate well with customers," he said. Razack said the company has a robust pipeline of upcoming launches across geographies and hence optimistic about sustaining this momentum during the current fiscal. Prestige Estates said the sales momentum remained consistent across both new launches and ongoing inventory,

Birla Estates clocks over ₹1,600 crore in bookings at Gurugram project

Nearly 97 per cent of the residences - 152 of 156 units - have been sold, underlining strong buyer confidence in the brand's luxury developments in Gurugram

1500 buyers paid, got no house: ₹944 cr assets seized in realty crackdown

Explained: The ₹944 crore Piyush Group Case and its impact on homebuyers

West Asia war: Pressure builds on developers to hike prices as costs rise

Rising construction costs raising margin pressures; timelines maybe pushed by 3-6 months; mid-to-small scale developers more impacted

TDI Infratech to invest ₹750 crore in 150-acre township project in Ludhiana

Realty firm TDI Infratech on Monday said it will invest Rs 750 crore to develop a 150-acre township in Ludhiana as part of its expansion plan. In the township, the company said it will build luxury group housing, residential plotted developments and low-rise independent floors, targeting both end-users and long-term investors. The project will span over 6 million square feet of developable area. The company, in a statement, said it is "developing about 150 acres of land in Ludhiana for an integrated township with an estimated investment value of Rs 750 crore." Speaking on the expansion, Akshay Taneja, Managing Director, TDI Infratech, said Ludhiana represents a high-potential market with strong economic fundamentals and sustained end-user demand. "Our acquisition of approx 150 acres reflects a long-term commitment to developing a benchmark township that integrates premium housing formats with robust infrastructure and lifestyle amenities. This project also marks an important miles

Singer Shreya Ghoshal buys ₹29.7 cr luxury apartment in Mumbai's Worli

The apartment is located in Godrej Trilogy Worli, a high-end residential project in central Mumbai.

Foreign firms lease record 9.1 mn sq ft office space for GCCs in Q1: CBRE

Foreign firms leased a record 9.1 million sq ft office space last quarter across India's top 9 cities to set up Global Capability Centres (GCCs), according to CBRE. Real estate consultant CBRE on Monday released its office market data for January-March period, which showed that the office space demand remained strong driven by leasing of workspaces for establishment of GCCs. As per the data, the total gross leasing of office spaces rose 5 per cent across top 9 cities to 20.7 million square feet in January-March from 19.7 million square feet in the year-ago period. The nine cities are -- Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, Ahmedabad and Kochi. The leasing of space for GCCs stood at record 9.1 million sq ft in the January-March period, the highest in any quarter. "The record GCC leasing activity is a definitive signal of India's position as the global destination of choice for high-complexity capability functions," said Anshuman Magazine, Chairman & CEO,