Page 18 - Real Estate

Birla Estates clocks over ₹1,600 crore in bookings at Gurugram project

Nearly 97 per cent of the residences - 152 of 156 units - have been sold, underlining strong buyer confidence in the brand's luxury developments in Gurugram

Iran war-led deferments drag Lodha Developers' FY26 pre-sales below target

The company expects to reduce business development investments over the next 24 months and increase free cash flow

Lodha Developers' pre-sales up 23% at ₹5,890 cr in Q4, misses annual target

Realty firm Lodha Developers on Tuesday reported a 23 per cent increase in pre-sales to Rs 5,890 crore during the last quarter, but failed to meet the annual target because of West Asia conflict. The pre-sales or sales bookings stood at Rs 4,810 crore in the year-ago period. During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the preceding year. In a regulatory filing, the company shared the operational update of the January-March quarter of 2025-26 fiscal. "We achieved our best ever quarterly pre-sales of Rs 58.9 billion in Q4, FY26 (+23 per cent year-on-year)," Lodha said. "Our pre- sales for the full year stood at Rs 205.3 billion in FY26 (+16% YoY growth), March saw select deferral of sales due to the Iran war leading to pre-sales being Rs 4.7 billion below guidance," the company pointed out. Lodha Developers had set a target of achieving Rs 21,000 crore worth pre-sales during the 2025-26 fiscal. Lodha ..

Mixed Q4 seen for top realty players amid launch delays, softer sentiment

West Asia conflict weighs on margins; prolonged war a risk to profitability

Max Estates FY26 pre-sales dip slightly despite strong Q4 demand

Developer reports marginal dip in annual pre-sales, but Q4 bookings surge on new launches, with strong pipeline and steady collections supporting growth outlook

West Asia war: Pressure builds on developers to hike prices as costs rise

Rising construction costs raising margin pressures; timelines maybe pushed by 3-6 months; mid-to-small scale developers more impacted

Foreign firms lease record 9.1 mn sq ft office space for GCCs in Q1: CBRE

Foreign firms leased a record 9.1 million sq ft office space last quarter across India's top 9 cities to set up Global Capability Centres (GCCs), according to CBRE. Real estate consultant CBRE on Monday released its office market data for January-March period, which showed that the office space demand remained strong driven by leasing of workspaces for establishment of GCCs. As per the data, the total gross leasing of office spaces rose 5 per cent across top 9 cities to 20.7 million square feet in January-March from 19.7 million square feet in the year-ago period. The nine cities are -- Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune, Kolkata, Ahmedabad and Kochi. The leasing of space for GCCs stood at record 9.1 million sq ft in the January-March period, the highest in any quarter. "The record GCC leasing activity is a definitive signal of India's position as the global destination of choice for high-complexity capability functions," said Anshuman Magazine, Chairman & CEO,

Builder can't forfeit more than 10% of total price on payment default

The National Commission cited the Supreme Court's observation that in appropriate cases the consumer forum has the authority to decide whether the terms of an agreement are valid

Iran war keeps home price growth under check across top 7 cities: Report

India's top seven housing markets saw a muted 2 per cent growth in average prices during January-March against the previous quarter as sales fell amid negative consumer sentiments because of the West Asia conflict, according to Anarock. Real estate consultant Anarock data showed that the average housing prices across seven major cities rose to Rs 9,456 per square feet in January-March from Rs 9,260 per square feet in the preceding quarter. On an annual basis, the prices rose 7 per cent from Rs 8,868 per square feet in January-March 2025. Anarock tracks primary (first sale) housing markets of seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru, Pune, Hyderabad, Chennai and Kolkata. Anarock pointed out that housing sales across these seven cities fell 7 per cent in volume terms and 6 per cent value-wise during January-March 2026 from the previous quarter. This kept prices under check to a large extent. As per the data, the average housing price in Delhi-NCR ...

Prestige Estates launches township in Hyderabad, GDV pegged at ₹9,500 cr

Prestige Golden Grove in Tellapur to offer over 5,000 homes as developer expands in high-growth Hyderabad market amid rising demand

Accenture leases 1.65 lakh sq ft office space in Noida for ₹195 crore

IT major signs five-year lease with Onward Coworkx in Noida, reflecting sustained demand for office space amid strong leasing activity in metro cities

India's Reit market gathers momentum, beats peers on returns: Anarock

India's Reit market gains traction with strong returns, high occupancy and regulatory support, outperforming Asian peers and drawing rising investor participation

Mahagun Group secures ₹225 crore from CSL Finance to speed up delivery

Mahagun Group raises Rs 225 crore from CSL Finance to accelerate construction and improve liquidity, following its recent exit of Blackstone-backed ASK Property Fund

Foreign fund inflow in Indian real estate falls 75% in Jan-Mar: Colliers

Foreign investors were cautious to put money in Indian real estate during January-March amid the West Asia conflict, as their investments plunged 75 per cent to USD 400 million compared to the previous quarter, according to Colliers. Real estate consultant Colliers India expects foreign investors to remain cautious through this year due to global economic uncertainties. The consultant data showed that the total institutional investments in real estate fell drastically by 61 per cent to USD 1.6 billion in January-March from USD 4.2 billion in the preceding October-December quarter of 2025. Out of this, domestic investors pumped in USD 1.2 billion while foreign players invested just 0.4 billion during the last quarter. During October-December 2025, the inflow from domestic and foreign investors stood at USD 2.6 billion and USD 1.6 billion, respectively. Badal Yagnik, Chief Executive Officer & Managing Director, Colliers India, said that institutional investments in India's real ...

India's realty investment falls 62% in Q1 amid West Asia tensions: Vestian

Institutional investment in Indian real estate sector fell 62 per cent during January-March period to USD 1.41 billion from the previous quarter amid negative sentiments because of the West Asia conflict, according to Vestian. The investment in real estate stood at USD 3.73 billion in the October-December quarter of the 2025 calendar year. However, real estate consultant Vestian said investments rose 74 per cent from USD 0.81 billion in the year-ago period and this highlights strong investor confidence in India's real estate sector, even as global headwinds continue to intensify. Driven by strong demand from GCCs, commercial assets dominated investment activity in Q1 2026 with 80 per cent share. Investment in commercial assets fell to USD 1.12 billion in January-March from USD 2.28 billion in the preceding quarter. The inflow of fund jumped more than three times from USD 307.2 million in the January-March period last year. Commercial assets include office, retail, co-working, and

M3M to deploy ₹14,500 crore to fund construction of 45 mn sqft portfolio

M3M India plans to deploy ₹14,500 crore to accelerate construction of over 45 million sq ft, funded through internal accruals and working capital

Bhive Workspace plans 1 mn sqft expansion in 2026, to invest ₹300 crore

Bhive Workspace plans to add around 1 million sq ft capacity in 2026 with an investment of up to ₹300 crore, expanding its campus model across key micro-markets in India

Real estate gets $1.4 bn of institutional investments in Q1 2026: Report

India's real estate sector drew $1.4 billion in institutional investments in Q1 2026, led by commercial assets and strong domestic inflows despite a quarterly decline, Vestian said

Maharashtra RERA approves 1,060 housing projects around Gudhi Padwa

MahaRERA approved 1,060 housing projects around Gudhi Padwa, including new registrations, extensions and corrections, with maximum activity in MMR and Pune regions

West Asia conflict may push up realty construction costs by 5% in near term

The escalating West Asia conflict is beginning to exert cost pressure on India's real estate sector, with material prices rising and industry leaders warning of a potential 5 per cent spike in construction costs if hostilities persist through April. Construction schedules are also likely to be affected because of shortage of materials and resources if the conflict prolongs. Harshavardhan Neotia, Chairman of Ambuja Neotia Group, said the crisis is triggering a "classic cost-push cycle" for real estate, with crude oil moving from sub-USD70 levels in February to well above USD 110120 per barrel in March and natural gas witnessing sharp spikes. "Early pressure is already visible across steel, logistics, and petrochemical-linked materials. If this persists, construction costs could rise meaningfully over the next 12 quarters, which may have a bearing on pricing going forward," Neotia said. Sushil Mohta, President of CREDAI West Bengal and Chairman of Merlin Group, struck a more immediat