Page 13 - Real Estate

Kolkata home registrations surge 32% in Jan-Sep 2025, highest since 2020

September 2025 recorded registrations of 5,302 properties, 6% YoY growth

Century Real Estate to launch ₹3,000 cr mixed-use project in East Bengaluru

The 14-acre project off Bengaluru's Outer Ring Road will feature 1.7 million sq ft of residential space with 750 apartments, plus 0.5 million sq ft of commercial and retail zones

John Abraham leases out his Bandra office; 3-year deal at ₹7.5 lakh/ month

The lease deed was registered on October 30, 2025, for a 36-month term, with a security deposit of ₹24 lakh, stamp duty of ₹70,100, and a registration fee of ₹1,000.

Smartworks rents 815k sq ft office space in Mumbai from Hiranandani Group

Smartworks Coworking Spaces Ltd on Monday said it has taken 8.15 lakh sq ft of office space on rent in Mumbai from Hiranandani Group to establish the biggest managed workspace campus in the world. In a regulatory filing, the company informed that it has signed an agreement to lease over 8,15,000 sq ft at Vikhroli in a project developed by Regalia Office Parks Pvt Ltd, the commercial office division of the Niranjan Hiranandani Group. The facility will be operational in the last quarter of 2026 calendar year. Smartworks currently has six large office campuses pan-India with an area of over 5 lakh square feet each. "Our alliance with the Niranjan Hiranandani Group for 'Eastbridge' marks a major milestone in Smartworks' journey. "With this new centre set to become the largest managed campus globally, we continue to break our own records and set new benchmarks in the managed workspace segment," Neetish Sarda, Managing Director & Founder of Smartworks, said. He said the company ...

Shriram Properties inks JDA for ₹350-cr villa project in South Bengaluru

Bengaluru-based developer Shriram Properties has signed a joint development agreement for a 5-acre villa project on Bannerghatta Road, expanding its mid-premium housing portfolio

Should you buy, sell or hold DLF post September quarter show? Find out here

DLF reported a 15 per cent year-on-year (Y-o-Y) decline in consolidated net profit to ₹1,180.09 crore for the September quarter (Q2FY26), compared with ₹1,381.22 crore in the same period last year.

As China ages, inheritance transfers give rise to family disputes

With the Chinese society aging and the slowing economy, the middle class is starting to argue over money as well, tearing apart long-held social norms such as family harmony and filial duty

Lamborghini family's next big Italian export: Luxury homes in India

Already, luxury hotels and lifestyle brands have made their mark in this space in India, including Four Seasons, The Ritz-Carlton, Marriott, Armani Casa, and Versace Home, among others

Unity Group, Parsvnath to earn ₹120 cr yearly rent from new mall in Delhi

Realty firms Parsvnath Developers and Unity Group will earn an annual rental income of about Rs 120 crore from their new operational shopping mall in the national capital. In 2023, Parsvnath and Unity Group formed an equal joint venture to develop a mall with 5 lakh square feet of leasable area. Last month, they opened the mall 'Unity One Elegante' at Netaji Subhash Place, Delhi. "We have leased 100 per cent of the retail space in our mall," Unity Group Director Harsh Bansal told PTI. When asked about the rental income, he said it would be around Rs 10 crore per month and Rs 120 crore annually. Bansal said the joint venture firm has to give nearly Rs 20 crore as lease rental to Delhi Metro Rail Corporation (DMRC). Parsvnath Developers Chairman Pradeep Jain noted that there is a huge demand for quality retail space across the Delhi-NCR market. In a regulatory filing last month, Parsvnath said a special purpose vehicle, 'Unity Parsvnaths LLP', a joint venture with Unity Group, has

Mahindra Lifespace Q2FY26 results: Total income rises to ₹33 crore

Realty firm Mahindra Lifespace Developers Ltd has reported a consolidated net profit of Rs 47.91 crore for the second quarter of this fiscal year. The company had posted a net loss of Rs 14.01 crore in the year-ago period. Total income rose to Rs 33.06 crore during July-September period of 2025-26 fiscal from Rs 15.96 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. Mahindra Lifespace Developers Ltd's development footprint spans 53.30 million sq ft (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It also has over 5,000 acres of ongoing and forthcoming projects under development/management at its integrated developments/industrial clusters across four locations. The company is the real estate arm of the large business conglomerate Mahindra Group.

DLF eyes luxury launches, to begin rental income from malls in near term

Real estate giant DLF plans new luxury project launches across Goa, Mumbai and Gurugram, while expecting rental income from its upcoming malls Midtown Plaza, Summit Plaza and DLF Promenade soon

Mumbai property registrations fall 14% in Oct: Knight Frank India report

Despite a 14 per cent annual dip, Mumbai's housing market held steady above 11,000 registrations in October 2025, with demand led by mid-income buyers and Western suburbs

DLF Q2 results: Sales bookings double to ₹15,757 cr in H1 on high demand

Realty major DLF Ltd's sales bookings more than doubled to Rs 15,757 crore during the first six months of this fiscal year on high demand for its luxury housing projects in Gurugram and Mumbai. According to its latest investors presentation, DLF has reported sales bookings or pre-sales at Rs 15,757 crore during April-September period of this fiscal as against Rs 7,094 crore in the corresponding period of the preceding year. During the 2024-25 financial year, DLF Ltd achieved a record sales bookings of Rs 21,223 crore. The company has given a guidance of achieving sales bookings of Rs 20,000-22,000 crore during the current fiscal year. On Thursday, DLF reported a 15 per cent decline in consolidated net profit at Rs 1,180.09 crore for the second quarter of this fiscal year. Its net profit stood at Rs 1,381.22 crore in the year-ago period. Revenue from operations fell to Rs 1,643.04 crore during the July-September period of this fiscal year from Rs 1,975.02 crore a year ago. Total

Reits and the promise of big money: India's story is just beginning

Currently, India has five publicly listed Reits - Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust

Embassy to launch 14-acre luxury housing project in North Bengaluru

The 1.55 mn sq. ft. project within Embassy Springs will feature 800 premium homes, marking another key addition to the developer's expanding Bengaluru portfolio

Rs 380 crore Gurugram deal: Delhi-NCR tycoon picks 4 DLF Dahlias flats

A Delhi-NCR businessman has purchased four ultra-luxury apartments worth ₹380 crore in DLF's The Dahlias, marking one of India's biggest housing deals

Where are India's millionaires investing? Experts discuss at BFSI event

From private equity to investment in digital infra, India's HNIs and ultra-rich are driving the next wave of wealth creation, said wealth managers at the Business Standard BFSI Insight Summit 2025

Chennai's skyline to host first Taj-branded residences in India by 2027-end

Ampa Group, IHCL, and Bharathi Meraki join hands for the Rs 2,000-crore Taj Sky View Hotel and Residences project featuring 235 luxury keys and 123 branded homes

Brigade Group Q2FY26 results: Net profit rises 48%, revenue up 26%

Brigade Group posts strong quarterly results with higher sales, leasing growth, and rising hospitality income; net profit jumps to Rs 170 crore in Q2FY26

Commercial deals drive record $64 bn realty investments in Asia-Pacific

Surge driven by several major entity-level deals and the completion of transactions carried over from previous quarters