Page 16 - Real Estate

KG Builders targets five-fold revenue rise to ₹1,700 crore by 2030

Chennai-based developer lines up Rs 3,600 crore GDV projects across segments, banking on GCC-driven commercial demand and rising property values to fuel growth over the next four years

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Senior living projects: Assess developer track record in service delivery

As senior living projects expand rapidly, experts advise buyers to assess developers' track record, service quality, costs and long-term sustainability before investing

Signature Global to invest ₹2,890 crore in Tonino Lamborghini project

Signature Global has partnered Tonino Lamborghini to develop a branded residences project in Gurugram, with a planned investment of Rs 2,890 crore and expected GDV of Rs 4,000 crore

Strait of Hormuz crisis poses threat to India's luxury housing market

Developers stare at delayed imports of key materials, higher costs of imports and potential delay in construction timelines

Stock rerating for Godrej Properties hinges on sustaining sales momentum

The stock gained 1.6 per cent on Friday after reporting its fourth quarter (Q4) numbers but slipped on Monday

Birla Estates receives bookings of ₹650 crore at Bengaluru project

Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli

Lodha Developers expects ₹2 trillion revenue from monetisation of land bank

Realty firm Lodha Developers Ltd's existing land bank has the potential to generate about Rs 2 lakh crore revenue in the coming years, and the company will now invest less on further land acquisition, improving free cash flow. In the last few years, Lodha Developers has been aggressively acquiring land, both through outright purchases and joint ventures with land owners. In its latest operational update, Lodha Developers informed that the company acquired 12 land parcels during the last 2025-26 fiscal across Mumbai Metropolitan Region (MMR), Bengaluru and Delhi-NCR. These 12 land parcels will be used to develop projects, mainly housing, with an estimated revenue potential or gross development value (GDV) of Rs 60,000 crore. During the 2024-25 fiscal year, the company acquired 10 land parcels, having a revenue potential of Rs 23,700 crore. "As of 1st April 2026, the company has a GDV amounting to Rs 2 trillion available for sale (excluding land bank in townships which will not be us

China's Evergrande Group founder pleads guilty to fraud in downfall

Evergrande Group's founder Hui Ka Yan had been accused of a litany of crimes including illegally absorbing public deposits and fundraising fraud

RIICO's land policies attract investors to Rajasthan, draw strong demand

The Direct Allotment Scheme-2025 was launched in January 2025 and is applicable until December 2026

High streets outpace malls as 7 cities log 4.3 mn sq ft leasing: Report

India's retail real estate market is shifting towards experience-led formats, with high streets outperforming malls in H2 2025 as leasing demand stays strong across top seven cities

RMZ Group's $35 billion plan in India: Data, AI, offices, and homes

RMZ Group plans $35 billion investment across data centres, AI infrastructure and real estate, while exploring IPO to fund long-term growth

Time for change: If nominees can sell shares, why not real estate?

If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate

Hawelia Group gets nod to complete stalled housing project in Greater Noida

Realty firm Hawelia Group on Sunday said it will invest Rs 770 crore to complete a 22-acre stalled housing project in Greater Noida, with the company getting nod from the Uttar Pradesh Real Estate Regulatory Authority. Hawelia Group's takeover of this stalled project will benefit more than 2000 homebuyers whose investments have been stuck for many years. Delhi-NCR-based Hawelia Group had, in 2023, entered into an understanding with the existing promoter of the stalled project of SJP Infracon's 'Shri Radha Sky Gardens' for completion of this project. The company had approached the Uttar Pradesh government, seeking approval to become a co-promoter in this stuck project. In a statement, Hawelia Group said it has received approval from UP-RERA to complete this project. "Hawelia Group will invest Rs 770 crore to complete this project and aims to complete all 2,064 residential units within the stipulated timeline," the company said. The project is expected to be completed in 42 to 48 .

Signature Global cuts net debt by 77% to ₹200 cr on better cash flow

Realty firm Signature Global Ltd has reduced its net debt by 77 per cent in the last fiscal to Rs 200 crore on better cash flow. According to its latest operational update, Signature Global's net debt was Rs 200 crore at the end of 2025-26 against Rs 880 crore as of March 31, 2025. "The company has Rs 2,770 crore of cash and cash equivalents as of March 31, 2026, which enables a very strong balance sheet position to strategise our foreseeable future," the company said. Signature Global, which was the fifth-largest listed real estate firm in 2024-25 in terms of sales bookings, has a significant presence in Gurugram. Recently, Signature Global and RMZ group finalised their equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. The company would use part of this fund to pare debt. The JV will invest around Rs 7,500 crore to develop this 18-acre upcoming commercial project. Pradeep Kumar Aggarwal, Chairman of

NCLAT backs project-specific insolvency proceedings against realty firms

The National Company Law Appellate Tribunal has reaffirmed that insolvency proceedings initiated by homebuyers against realty firms must remain confined to the specific project where default has occurred and cannot extend to other projects of the corporate debtor. The appellate tribunal highlighted that putting all other projects of the realty firms, which are unrelated to the default, is not in the interest of homebuyers and other stakeholders of other projects. "The law is well settled that when financial creditors, homebuyers who belong to one project and who file a Section 7 application on account of default committed by the corporate debtor with respect to the project, the CIRP has to confine to the said projects," said the National Company Law Appellate Tribunal (NCLAT). A two-member NCLAT bench, while deciding an appeal by Navin M Raheja, said jeopardising unrelated projects would not serve the interests of homebuyers and stakeholders elsewhere, making clear that the corporat

ED seizes ₹6.3 crore in money laundering probe linked to real estate fraud

The Enforcement Directorate (ED) has seized Rs 6.3 crore in cash and jewellery worth Rs 7.5 crore following searches against a Delhi-based real estate company accused of defrauding homebuyers and currently undergoing insolvency proceedings, officials said on Saturday. The action under the Prevention of Money Laundering Act (PMLA) was launched on Friday and 10 premises of former directors, promoters and associated entities of the company -- Earth Infrastructures Ltd. (EIL) -- in Delhi and Gurugram were covered. The company, according to official records, has been undergoing a corporate insolvency resolution process (CIRP) since June 2018. According to the ED officials, the money laundering case against the former directors and promoters of the company was initiated after taking cognisance of five Delhi Police (Economic Offences Wing) FIRs, apart from a complaint filed by the Serious Fraud Investigation Office (SFIO), the investigation arm of the Ministry of Corporate Affairs. The ED

Godrej Properties logs record bookings, business development in FY26

Developer reports highest-ever bookings, collections and business development in FY26, driven by strong housing demand, robust launch pipeline and sustained momentum across key metro markets

Explained: Property transfers in UP just got more affordable, hassle-free

Extension of jurisdiction to complaints arising from unregistered projects effectively neutralises a structural loophole that developers have relied upon to circumvent statutory oversight.