Page 2 - Real Estate News

Unitech buyers worried over vacant CMD post, lack of funds for projects

Distressed homebuyers of crisis-hit Unitech Ltd have expressed concern over a lack of funds to complete stalled projects and demanded that the unsold assets of the realty firm should be auctioned to expedite construction works. Five associations, representing thousands of property buyers of Unitech Ltd, also sought that a new Chairman and Managing Director (CMD) should be appointed soon to run the company as the post is vacant from nearly one month. In 2020, Unitech's board was superseded by the central government on the Supreme Court's direction. The Ministry of Corporate Affairs proposed the constitution of a new board, which was approved by the apex court on January 20, 2020. Unitech Ltd is facing a huge cash crunch, resulting in significant delays (over 15 years) in the deliveries of its housing and commercial projects, primarily in Delhi-NCR. Around 15,000 customers are stuck in various projects of the company. As many as five associations have issued statements urging the ...

NCR developers seek project timeline relief from UP, Delhi, Haryana Reras

Credai NCR has urged regulators to implement the Centre's advisory granting a four-month extension to eligible projects amid West Asia-linked supply chain disruptions

Delhi Master Plan draft may reshape property values via FAR, TOD changes

Developers say proposed changes in FAR, redevelopment and transit-oriented development could unlock additional capacity and make infrastructure access a key valuation driver.

Top 11 developers target ₹1.8 trillion in pre-sales for FY27: Report

Anarock expects combined bookings to rise 22.3 per cent year-on-year, supported by steady demand, new launches and higher average selling prices

Haryana Rera grants four-month project extension amid West Asia crisis

The regulator granted registered projects four additional months after the Centre classified the West Asia conflict as a force majeure event disrupting construction supply chains.

India's top developers bet on ₹1.82 lakh cr sales in FY27 despite headwinds

22% sales growth, manageable inventory: What investors should know about India's realty boom

Tribeca, Ira Realty to invest ₹2,000 cr to build Trump Towers in Hyderabad

Tribeca Developers and Ira Realty on Tuesday said they will develop a Trump-branded luxury housing project here with a total investment of about Rs 2,000 crore. The Trump Towers project, located at Golden Mile Road in Kokapet, comprises two 65-storey buildings with 450 apartments, including 16 penthouses. The total developable area will be 22 lakh sq ft. Mumbai-based Tribeca Developer is the official representative of the Trump brand in India. This is the eighth Trump-branded project in India and the first in South India. Out of the eight Trump-branded projects announced in India so far, four are completed in Pune, Mumbai, Kolkata and Gurugram. Kalpesh Mehta, founder of Tribeca Developers, said the company brought the Trump brand to India in 2014. "Since then we have launched projects in Mumbai, Pune, Gurugram, Noida and Kolkata, but we have not yet penetrated South India, and that changes today. Hyderabad has been on our radar for a very long time." Asked about investment, Meht

Green debt share in Reit borrowings doubles to 12% in four years: Icra

Outstanding green borrowings rose nearly sevenfold to ₹8,400 crore by March 2026, while Icra expects their share in total Reit debt to reach 15-17 per cent

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