Page 4 - Real Estate News

Delhi-NCR flex office leasing hits record; operators take 45% share in Q2

Delhi-NCR emerged as one of the top three office leasing markets in India, alongside Bengaluru and Pune, together contributing 58% of national office absorption.

Embassy Developments raises NCD fundraising limit to ₹1,570 crore

Board increases issue size nearly fourfold from ₹400 crore; proceeds may be used for debt refinancing, project construction, working capital and general corporate purposes

Real estate firm K Raheja delays $700 million IPO plan by at least a year

The company now intends to revisit the plan once it has achieved greater scale, potentially allowing it to pursue a larger offering and command a higher valuation

Oberoi Realty sells luxury homes worth ₹8,109 cr in first Delhi-NCR project

Mumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand. The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore. In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR." The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added. The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realt

Home affordability holds in 6 of top 8 Indian cities; Mumbai, NCR lag

Knight Frank says lower borrowing costs following RBI's 125-basis-point repo rate cuts supported affordability in H1 2026, though MMR and NCR remained above the affordability threshold

Shapoorji Pallonji launches 720-home Pune project; prices from Rs 85 lakh

Phase 1 comprises five residential towers offering 720 thoughtfully designed 2, 3, and 3-BHK duplex residences, with prices starting from Rs 84.99 lakhs (all-inclusive).

Indian Reits Association appoints KRT CEO Shirish Godbole as chairperson

Knowledge Realty Trust CEO succeeds Brookfield India REIT's Alok Aggarwal, who stepped down following his retirement

India's Q2 2026 retail leasing grows 17.6% YoY amid sustained demand: Rpt

Gross leasing touches 2.4 million sq ft as sustained occupier demand, low vacancies and limited Grade A mall supply support rental growth

Keystone Realtors buys Rs 143-crore development rights for Versova project

Keystone Realtors has acquired development rights worth Rs 143.45 crore from Parth Construction to increase the buildable area of its Versova redevelopment project

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

Mumbai-based Oberoi Realty on Monday announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore. The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi told reporters in Gurugram. The company has launched the first phase at a basic selling price of Rs 35,000 per sq ft. "The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said. Asked about the investment, he said the project cost would be around Rs 6,000 crore for both phases. In the first phase, the starting price is Rs 19 crore. The size of the apartments ranges from Rs 5,600 sq ft to 8,500 sq ft. The size of the penthouse is 13,000 sq

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7%: Anarock

Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata. These seven cities saw an average price appreciation of 7 per cent during the current quarter as against the same period of 2025. Interestingly, real estate consultant Anarock's sales data for April-June quarter is in complete contrast to a latest report by listed entity PropEquity, which mentioned a 19 per cent growth in sales of residential properties at 1,12,458 units in the current quarter. Commenting on its data, Anarock Chairman Anuj Puri said, "These readings are along expected lines, as the Middle East war's impacts on the entire sector were all too obvious." He pointed out that the "Middle

PE money into Indian realty dips 23%, residential investments halve

Higher US yields make global investors choosier as India real estate PE falls 23%

India's 28 big listed realty firms clock ₹1.95 trn pre-sales in FY26

India's 28 big listed real estate companies sold properties worth Rs 1.95 lakh crore last fiscal on strong housing demand with Godrej Properties clocking the highest sales bookings. According to the data compiled from investor presentations, the total combined sales bookings or pre-sales of the 28 major listed realtors stood at nearly Rs 1.95 lakh crore during 2025-26 financial year, up 17 per cent from over Rs 1.66 lakh crore in the preceding fiscal. Godrej Properties, which has a presence across major cities, retained the position of largest listed realty firm in terms of sales bookings in FY26. Bengaluru-based Prestige Estates Projects Ltd jumped to second position, followed by Mumbai-based Lodha Developers Ltd. DLF Ltd, India's largest realty firm in terms of market cap, stood at fourth position while Signature Global Ltd remained at fifth position. Among these 28 players, only six players witnessed a drop in sales bookings during the 2025-26 fiscal. According to property ...

Real estate platform Square Yards raises ₹900 crore, becomes unicorn

Real estate consultant Square Yards on Tuesday said it has raised Rs 900 crore from investors to grow business and refinance debt. In a statement, the company said it has raised Rs 900 crore, comprising a mix of debt and equity. The funding round was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co. Square Yards said the equity fund was raised at a valuation higher than its previous round. Sources said the fund was raised at a valuation of more than USD 1 billion, thereby helping the company to achieve unicorn status. During the last fiscal, Square Yards reported revenue of Rs 2,086 crore, a 48 per cent year-on-year growth. The EBITDA jumped 3.7 times to Rs 176 crore. Square Yards offers integrated services, including property search, transactions, home loans, interiors, and property management. The fund will help fortify its balance sheet while enabling the company to fuel further expansion and strengthen its technologica

Realtors brace for project delays as Iran war disrupts supply chains

Developers brace for up to year-long project delays as the prolonged West Asia conflict raises costs, disrupts supplies and worsens labour shortages

ASK Property Fund launches ₹3,500-crore debt fund focused on housing

The Blackstone-backed firm plans to raise capital from domestic and offshore investors to fund residential projects and special situations across six major cities

AI adoption becomes key to capital access in real estate, says report

Institutional investors are increasingly favouring digitally equipped developers, making artificial intelligence adoption a critical factor in accessing capital and driving growth

Gurugram to get India's tallest building under Haryana's Global City plan

HSIIDC has identified a 6.7-acre plot in Haryana's Global City project for a proposed 620-700 metre mixed-use tower that could become India's tallest building

Bharti Realty eyes entry to commercial markets beyond Delhi-NCR

There's demand for the Worldmark brand in major markets across India: CEO Sayal

Realty boom risk: Can buyer demand absorb a 5-year high in housing supply?

Supply Outpaces 2021 Baseline by 40%: Will Elevated Borrowing Costs Trigger an Inventory Glut?