Page 12 - Real Estate

Shubhashish Homes Hosts Vendor Meet 2025 at Its Flagship Project, Shubhashish Marina in Jaipur

Partners unite at Jaipur's flagship project to discuss collaboration and growth

Gaurs Group eyes ₹2k cr from sale of flats in new Yamuna Expressway project

Realty firm Gaurs Group is expecting a revenue of around Rs 2,000 crore from its new premium housing project in Yamuna Expressway region on strong demand, its director Sarthak Gaur said. Gaurs Group, one of the leading real estate developers in the Delhi-NCR market, has already developed a 150-acre township on Yamuna Expressway. On Friday, Gaurs Group launched the first phase of its new housing project in the Yamuna Expressway region, Gautam Buddha Nagar district. Gaur said the company will develop around 950 units, with a saleable area of 20 lakh square feet, in the first phase of this 12-acre project. Another 250 units will come up in the second phase. "We are expecting a revenue of around Rs 2,000 crore from the first phase," Gaur said. Gaurs Group has launched this project at a basic selling price (BSP) of Rs 8,000 per sq ft. The price of an apartment starts from Rs 1.9 crore. Sarthak said the company is witnessing good response from customers for this green project with lot

Over 65% owners paid part of property deal in cash: LocalCircles Survey

A LocalCircles survey says black money use remains rampant in India's real estate market, with two-thirds of buyers paying in cash and 44 per cent admitting to bribing multiple officials

Signature Global reports ₹48.8 cr net loss in Q2FY26 amid 56% revenue fall

The developer also saw a 56 per cent year-on-year (Y-o-Y) drop in revenue from operations for Q2FY26 to Rs 338.49 crore, down from Rs 749.28 crore in Q2FY25

India's housing markets see sales slowdown in Q3 2025: Housing.com

Residential sales across India's top eight housing markets stayed flat in Q3 2025 as rising land prices, construction costs, and inflation continued to weigh on affordability

Large caps, banks, realty, gold: ASK's roadmap to building wealth in 2026

ASK Investment Managers continue to focus on domestic-oriented companies. While markets rebound, it's essential to stay anchored in businesses with robust fundamentals and growth visibility.

Blackstone-backed Nexus Select Trust bullish on consumption growth

Nexus Select Trust targets 13% annual portfolio growth through mall acquisitions and rising consumption, with record festive sales and strong demand across jewellery, fashion, and electronics

India's housing market to see 5-10% annual price rise, says report

A CII-Colliers report projects housing demand to hit 500,000 units annually by 2030 and 1 million by 2047, driven by urbanisation, income growth, and policy reforms

Housing prices to rise 5-10% annually over next few years on strong demand

Housing prices are likely to appreciate 5-10 per cent annually over the next few years on better demand, according to a joint report by CII and Colliers. Industry body CII and property consultant Colliers India released a report on Thursday titled 'Real Estate @2047: Building India's Future Growth Corridors' in a conference held here. The report was released by Harleen Kaur, Deputy Secretary, Ministry of Road Transport and Highways. The report projected that annual sales could jump from 3-4 lakh units currently to 10 lakh units by 2047. "Annual sales can potentially double and reach 1 million housing units by 2047, driven by rising income levels, demographic shifts and progressive housing policies. "Furthermore, driven by rising incomes, urban migration, and premium housing demand, average property prices are projected to grow at 5-10 per cent annually over the next few years," it added. Colliers India noted that the growth in sales and prices will be supported by improved ...

ONE Group secures additional land in Mohali, eyes ₹600 crore in revenue

ONE Group Developers has received approval for an additional 4.38-acre land parcel in its 150-acre Mohali project, boosting total development potential and future revenue prospects

Ajmera Realty to launch projects worth ₹12,000 cr in Mumbai's Wadala

Ajmera Realty plans Rs 12,000 crore project launches in Wadala, including luxury homes and office spaces, as the developer bets big on Mumbai's premium real estate market

Blackstone-backed Horizon Industrial Parks names Urvish Rambhia as CEO

Horizon Industrial Parks has appointed Urvish Rambhia as CEO to lead its next growth phase with Blackstone, as India's logistics and warehousing sector continues its strong upcycle

Case against real estate developer for ₹100 cr housing fraud in Mumbai

Police have registered a case against a real estate developer and others for allegedly defrauding homebuyers of Rs 100 crore by promising flats in Mumbai's Wadala area and diverting the funds for personal use, officials said on Thursday. The police's Economic Offences Wing (EOW) registered the case on Wednesday after the preliminary enquiry based on a complaint filed by 62-year-old Chartered Accountant Anil Dron, a resident of Kandivali in Mumbai, an official said. The accused -- real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, B P Gangar Constructions and others -- collected Rs 100 crore from 102 persons in the name of 'Sky 31' housing project in Wadala (West) since 2018, promising each a flat, he said, quoting the complaint. After collecting money from the victims, the accused allegedly conspired to divert the funds to their personal and other bank accounts instead of using them for the housing project, the official said. The accused also sold one flat t

Brigade Enterprises Q2 sales bookings rise 12% to ₹2,034 cr on high demand

Realty firm Brigade Enterprises Ltd has reported a 12 per cent growth in its sales bookings to Rs 2,034 crore during the second quarter of this fiscal year on better demand. Its sales bookings stood at Rs 1,821 crore in the year-ago period. According to its latest investors presentation, Brigade Enterprises achieved pre-sales of Rs 2,034 crore in the July-September quarter. "Presales volume for Q2 FY26 stood at 1.90 million square feet, a growth of 13 per cent over Q2 of FY25," it said. Out of the total sales bookings of Rs 2,034 crore in the September quarter, Brigade said that housing segment contributed Rs 1,795 crore while commercial properties Rs 239 crore. Recently, Brigade Enterprises reported a 37 per cent increase in consolidated net profit at Rs 162.5 crore for the September quarter of this fiscal. Its net profit stood at Rs 118.98 crore in the year-ago period. Total income rose to Rs 1,429.86 crore in July-September FY26 from Rs 1,138.13 crore a year ago. "We are ent

Brookfield Reit seals India's record office real estate deal for ₹13,125 cr

The transaction will expand Brookfield India REIT's operating area by 31 per cent and its GAV by 34 per cent

M3M enters integrated township segment, to invest Rs 7,200 cr in Gurugram

M3M India launches its 150-acre Gurgaon International City township project, marking its foray into integrated township space with plans to invest Rs 7,200 crore and generate Rs 12,000 crore topline

M3M India to invest ₹7,200 cr to build 150-acre township in Gurugram

Realty firm M3M India on Wednesday said it will invest Rs 7,200 crore to develop a 150-acre integrated township in Gurugram as part of its expansion plan. In a statement, the company said it has launched the township project 'Gurgaon International City' (GIC), spread across 150 acres. "The company will invest about Rs 7,200 crore in the development, which is expected to generate a topline of around Rs 12,000 crore," M3M said. The upcoming project, located on the Dwarka Expressway Link Road, will have data centres, innovation parks, electric vehicle (EV) hubs, retail avenues, and premium residential zones. The aim is to attract global corporations, such as Google, Apple, Microsoft and Tesla, that represent the future of innovation and responsible growth, Pankaj Bansal, Promoter, M3M India, said. The first phase of the project, spanning 50 acres and already RERA-approved, will include 300 plots. Planned as a low-emission, clean industry hub, the project will host non-polluting ...

Housing prices appreciate 7-19% in Jul-Sep across top 8 cities: PropTiger

India's top 8 housing markets saw 7-19 per cent increase in prices during July-September quarter on strong demand, according to PropTiger. Real estate consultant PropTiger, which has recently been acquired by Aurum PropTech Ltd, on Wednesday released price data for primary housing market of the top 8 cities. As per the data, Delhi-NCR witnessed the highest 19 per cent increase in prices, driven by strong demand for luxury properties and infrastructure upgrades. The weighted average price of homes in Delhi-NCR rose to Rs 8,900 per sq ft in July-September this year from Rs 7,479 per sq ft in the year-ago period. Bengaluru and Hyderabad recorded strong double-digit price growth of 15 per cent YoY (year-on-year) and 13 per cent, respectively. The price in Bengaluru rose to Rs 8,870 per sq ft from Rs 7,713 per sq ft, while prices in Hyderabad rose to Rs 7,750 per sq ft from Rs 6,858 per sq ft. In Ahmedabad, the prices rose 7.9 per cent to Rs 4,820 per square feet from Rs 4,467 per sq

NCLAT rejects Reliance Realty plea, orders liquidation be completed quickly

The appellate tribunal NCLAT has set aside an appeal filed by Reliance Realty, a step-down entity of debt-ridden Reliance Communications, seeking recovery of rental and assets from Independent TV, a firm which was in the DTH business and is now facing liquidation. The National Company Law Appellate Tribunal (NCLAT) has upheld the earlier order passed by the Mumbai bench of NCLT, which had declined Reliance Realty's plea and said the liquidation process of Independent TV (formally known as Reliance Big TV) has to be completed in a time-bound manner and in the shortest possible time. A two-member bench said the liquidation process should not be "disrupted and derailed by the Appellant (Reliance Realty) who for no cogent reasons had never agitated the issue of ownership of assets lying in the leased premises". "We do not find any infirmity in the impugned order allowing the Liquidator to remove all moveable assets of the Corporate Debtor lying at the leased premises and in restraining

Brookfield India Reit plans to acquire business park for over ₹13,000 cr

Brookfield India Real Estate Trust (BIRET) on Tuesday said it is planning to acquire 7.7 million sq ft of commercial assets in Bengaluru for Rs 13,125 crore to expand business. This will fall in related party transaction and is proposed to be done at arm length basis, the company said. In a regulatory filing on Tuesday, the company said the Board of Directors of Brookprop Management Services Pvt Ltd, which is the manager of BIRET, approved the acquisition of up to 100 per cent of the issued and paid-up equity share capital of Arliga Ecoworld Business Parks Pvt Ltd at an acquisition price of Rs 1,31,250 million from the existing shareholder of Ecoworld SPV. The existing shareholders of Ecoworld SPV are BSREP III New York FDI I (DIFC) Ltd (including its nominee, BSREP III New York II (DIFC) Limited), forming part of the Brookfield group. "Building on our strong inorganic growth track record, we announced the proposed acquisition of Ecoworld, which is a 48-acre, 7.7 million square fee