Page 13 - Real Estate

India's real estate may get institutional investments of ₹5-7 bn in 2025

Institutional investments in Indian real estate totalled $4.3 billion in the first nine months of 2025, a 9% Y-o-Y decline

SC's green clearance ruling recall could push ahead stalled projects

The Supreme Court's recall of its May 2025 ruling on retrospective environmental clearances eases demolition fears for hundreds of projects and offers relief to homebuyers, developers and lenders

Godrej Properties acquires 75 acres in Nagpur, eyes ₹755 cr revenue

Realty firm Godrej Properties has acquired 75 acre land in Nagpur to develop a housing project with an estimated revenue of Rs 755 crore. The company will mainly sell housing plots in this upcoming project. In a regulatory filing on Friday, the company informed that it has surpassed Rs 20,000 crore annual target of new business development for this fiscal year after the latest purchase of 75 acres in Nagpur, Maharashtra. In the real estate sector, the new business development means acquisition of land parcels, through outright purchases or tie-ups with land owners, to build projects in future. Listed real estate developers generally disclose the estimated saleable area and revenue potential of land parcels they acquire. Godrej Properties noted that this is the third land acquisition in the city over the past four years. The upcoming project in Nagpur will have an estimated saleable area of around 1.7 million sq ft, with a revenue potential of about Rs 755 crore. Gaurav Pandey,

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

Godrej Properties eyes ₹3,500 cr from new 30-acre Bengaluru township

Realty firm Godrej Properties has acquired a 30-acre land in South Bengaluru to develop a township with an estimated revenue of around Rs 3,500 crore. In October, the company had bought a 26-acre land parcel at Sarjapur, Bengaluru to develop a housing project with an estimated revenue of Rs 1,100 crore. In a regulatory filing on Thursday, the company informed that it has acquired an additional 3.8-acre land parcel, thereby unlocking Rs 2,400 crore of additional revenue and 2 million sq ft of additional development potential. With this acquisition, Godrej Properties Ltd plans a large-scale, premium residential community. The overall gross development value of this 30-acre township will be Rs 3,500 crore. The total development potential is 3 million sq ft area. "The enhanced potential is largely due to higher FSI permissibility across the entire land parcel, allowing the combined 30 acres holding to be master planned as an integrated group housing development township," Godrej ...

SC's post-facto green nod rollback pulls core sectors 'back from brink'

Reversal restores 2017 and 2021 norms, reopening door to regularise past lapses

NBCC sells 609 housing units in Greater Noida via auction for ₹1,070 cr

State-owned NBCC (India) Ltd has sold 609 housing units in Greater Noida (West) for Rs 1,070 crore through an e-auction. In a regulatory filing on Wednesday, the company informed that it has sold 609 residential units in two projects 'Aspire leisure valley' and Aspire Centurian Park through an e-auction at total sale value of Rs 1,069.43 crore. NBCC will get marketing fee at 1 per cent of sale value. NBCC did not mention the name of the buyer. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of Amrapali through the NBCC. The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. The investment to complete these flats was projected at around Rs 8,300 crore. Meanwhile, Delhi-based AU Real Estate said that it has acquired the selling rights for Aspire Leisure Valley (Phase 2) and Aspire Centurian Park from NBCC. "The combined transaction valu

Rental housing stabilises in Q3 2025 as demand-supply moderates: Report

India's rental housing market entered a consolidation phase in July-August 2025, with modest demand and supply growth pointing to a more balanced environment

Delhi's Khan Market 24th most expensive global retail spot: Report

Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an annual rent of USD 223 per sq ft, according to Cushman & Wakefield. Khan Market was 23rd most expensive retail location globally in last year's ranking. Nevertheless, Khan Market remains India's most expensive high street. As per the Cushman & Wakefield report released on Wednesday, London's New Bond Street has become the world's most expensive retail destination, with an annual rent of USD 2,231 per square foot per year. Via Monte Napoleone in Milan, Italy, lost its top position to become the 2nd most expensive main street globally with an annual rent of USD 2,179 per sq ft. New York's Upper 5th Avenue (49th to 60th Sts) is at third position with an annual rent of USD 2,000 per sq ft, compared to rank 2nd in the last year's list. Global real estate consultant Cushman & Wakefield released its flagship retail report 'Main Streets Across The

Prestige plans up to ₹10,000 crore capex for West India portfolio

Prestige Estates Projects plans ₹8,000-10,000 crore capex to expand its residential and commercial footprint in MMR and Pune, driven by new launches, redevelopment and township-led growth

NBCC sells rights for 609 Amrapali units to AU Real Estate for ₹1,069 cr

NBCC sold selling rights for 609 units in Amrapali's Aspire Leisure Valley and Centurion Park to AU Real Estate to raise funds for completing stalled housing projects

iBUS, Rustomjee join hands to build digitally ready, future-proof homes

iBUS has partnered with Rustomjee to build future-ready digital infrastructure across its Mumbai projects, offering residents stronger connectivity, smarter living and seamless tech integration

'Luxury homes drive Bengaluru realty but ultra-premium shows early fatigue'

Luxury launches overtook mid-income launches for the first time in H1 FY2026, comprising 49 per cent of total launches

Serene Communities, Asset Homes to build 4 senior-living projects in Kerala

Serene Communities by Columbia Pacific has partnered with Asset Homes to invest Rs 500 crore in four senior-living projects across Kerala

Puravankara leases 120,000 sq ft retail space to IKEA in Bengaluru

Realty firm Puravankara Ltd has given on lease around 1.2 lakh sq ft retail space to Swedish furniture retailer IKEA in Bengaluru. In a regulatory filing on Monday, the company informed that it has signed an Agreement to Lease (ATL) with IKEA India for leasing of two floors of retail space at the Purva Zentech Park, located on Kanakapura Road, Bengaluru. The project is a mixed-use commercial development with about 9.6 lakh square feet of leasable and saleable area. The project is currently under construction and is slated for completion by early 2026. IKEA India will occupy retail space of more than 1.2 lakh square feet of leasable area across two floors, it said. Real estate consultant Colliers' office services team was the advisor on this transaction. As of September 30, 2025, Puravankara has completed 93 projects totalling 55 million sq ft across nine citiesBengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

Greenbay Infra launches ₹400 cr luxury project, eyes ₹1,000 cr revenue

The launch comes five months after YEIDA had warned the developer of cancelling its allotment for a 100-acre Greenbay Golf Village over failure to deposit outstanding dues at the time

CCI Projects to invest ₹700 cr in 53-storey luxury tower in Mumbai region

Realty firm CCI Projects will invest around Rs 700 crore to develop a luxury housing tower in the Mumbai Metropolitan Region (MMR). In a statement on Monday, the company said it has launched 'Skyleap', a 53-storey premium residential tower, comprising 320 apartments. The upcoming tower is part of a 6-acre gated community, 'Rivali Park 2', along the Western Express Highway in Borivali. The project will be developed at an investment of Rs 700 crore, and the company expects to generate a revenue of over Rs 1,250 crore. Mumbai-based CCI Projects Pvt Ltd, established in 2000, has already delivered over 8 towers to date. It has an under-construction portfolio of around 35 lakh sq ft.

Kings Infra signs ₹2,500 cr aquaculture tech park deal with Andhra govt

Kings Infra Ventures Ltd on Monday announced signing of an agreement with the Andhra Pradesh government to develop a Rs 2,500-crore aquaculture technology park near Srikakulam. The 500-acre facility will be India's first AI-driven aquaculture park, Kings Infra said in a statement, positioning the southern state as a hub for technology-enabled sustainable seafood production. Kerala-based Kings Infra will invest Rs 500 crore directly in core infrastructure, processing facilities and research and development, with another Rs 2,000 crore expected from ancillary industries, small businesses and renewable energy ventures, the company said. As per the memorandum of understanding, signed during the recent CII partnership summit held at Visakhapatnam, the project will house hatcheries, indoor farming systems, processing lines and a marine bio-actives division, all integrated through BlueTechOS, the company's proprietary artificial intelligence operating system to be built and operated from .

Changing landscape: India's subpar, ageing malls set for overhaul

Developers converting older malls to mixed-use integrated districts, buoyed by investor interest

Macroeconomic tailwinds to lift sentiment in India's realty sector: Report

India's real estate outlook remains upbeat as easing inflation, fiscal spending, premium housing demand, and strong office leasing fuel confidence, according to the Knight Frank-Naredco