Page 18 - Real Estate

DHL renews lease for 3.17 lakh sq ft of warehousing space in Panvel

DHL has signed a five-year lease for 3.17 lakh sq ft of warehousing space in CapitaLand's Panvel facility at a monthly rent of Rs 1.8 crore, highlighting logistics demand in India

Housing sales in Mumbai region, Pune fall 17% in Jul-Sep: PropEquity

Housing sales in Mumbai region and Pune dropped 17 per cent in July-September period to 49,542 units on lower demand amid a sharp surge in prices of residential properties, according to PropEquity. Sales stood at 59,816 units in the year-ago period. In its latest report, real estate data analytics firm PropEquity pointed out that sales in the primary housing market of Thane in Mumbai Metropolitan Region (MMR) saw a 28 per cent decline in sales to 14,877 units from 20,620 units. In Mumbai city, sales dipped 8 per cent to 9,691 units from 10,480 units, while Navi Mumbai witnessed a 6 per cent fall to 7,212 units from 7,650 units. In Pune, a key housing market in Maharashtra, the housing sales fell 16 per cent to 17,762 units during July-September 2025 from 21,066 units in the corresponding period of the preceding year. Commenting on the market scenario of MMR, realtors apex body CREDAI's Mumbai chapter said that fall in sales during the September quarter was not a cause for concern

Homebuyers squeezed as property prices rise faster than income, NCR tops

Among cities, NCR leads the charge with a 42-point annual rise, driven by strong investor interest and job growth in Noida, Greater Noida, and Gurugram

Mumbai property registrations rise 29% in September, hit 7-year high

Mumbai property registrations rose 29 per cent in September to 11,744 units, generating Rs 1,256 crore in revenues as festive demand, premium launches and buyer momentum drove growth

Pankaj Tripathi buys luxury flat in Mumbai's Andheri West for Rs 9.98 cr

The second apartment, purchased by his wife, Mridula Tripathi, and their daughter, Aashi Tripathi, for Rs. 87 lakh, is located in Aashapura Heritage, Kandivali West, Mumbai.

Uttar Pradesh on an unstoppable growth trajectory, says Piyush Goyal

Uttar Pradesh is on an unstoppable growth trajectory as a secure business environment and robust infrastructure have made the state a preferred destination for investors, Union Commerce and Industry Minister Piyush Goyal said on Monday. The minister was speaking at the Uttar Pradesh International Trade Show 2025 at India Expo Mart and Centre in Greater Noida, on Monday. The third edition of the Uttar Pradesh International Trade Show (UPITS 2025) concluded on Monday. Goyal said, "UPITS reflects the economic, industrial, and cultural potential not only of the state but of India as a whole." He urged a "collective commitment" to promote indigenous products, encourage entrepreneurship, and realise the vision of a Viksit India by 2047. Highlighting the remarkable transformation in Uttar Pradesh over the past eight years, the Union Minister said that with the visionary leadership of Prime Minister Narendra Modi and the decisive governance of Chief Minister Yogi Adityanath, the state "is n

Hiranandani launches ₹5,000-cr coastal township in Alibaug, eyes ₹17k cr

Hiranandani Communities has launched a 225-acre coastal township in Alibaug with an investment of Rs 5,000 crore and revenue potential of Rs 17,000 crore over 10 years

Buying property? Here's why your wife's name could mean extra savings

Buying property in your wife's name can help you save on stamp duty, get lower home loan rates, double tax benefits, and even protect assets. Here's how it works

Homes at ₹100 cr: Sunteck Realty plans ultra-luxury houses in Mumbai, Dubai

As the ranks of global billionaires and the ultra-wealthy expand, Sunteck Realty said the appetite for such apartments has risen.

Despite correction, gains unlikely for realty stocks in the near term

The key trigger for the sector and listed companies are trends in housing sales. Data on this front does not look favourable

Sunteck Realty launches uber luxury brand, eyes ₹20,000 crore revenue

The first projects include an ultra-luxury development at Nepeansea Road in South Mumbai and another in Downtown Dubai's Burj Khalifa community, marking Sunteck's international debut

HDFC-backed Reloy eyes 75% revenue growth in FY26 on better housing sales

HDFC Capital-backed proptech startup Reloy, which helps builders generate referral sales, expects 75 per cent growth in its revenue this fiscal to Rs 50 crore on strong demand for housing properties. The company posted a 60 per cent jump in gross revenue to Rs 28.5 crore in 2024-25 from Rs 17.8 crore in the preceding financial year. "We are expecting to clock a Rs 45-50 crore revenue in the current fiscal," Reloy founder and CEO Akhil Saraf told PTI. Reloy manages customers and property brokers on behalf of its builder clients through dedicated mobile applications, and it gets a nominal commission on referral sales. Saraf said the company's performance in the first six months of this fiscal year has been very strong. Reloy is targeting to facilitate Rs 3,500 crore worth of sales in the current fiscal compared to Rs 2,000 crore through referral-led sales in the last fiscal, Saraf said, highlighting that referral sales in the first six months of this fiscal have already surpassed th

Bengaluru to see 21% growth in housing sales in July-Sept: PropEquity

Bengaluru's housing market is witnessing strong demand, with sales estimated to rise 21 per cent in July-September to 16,840 units, according to PropEquity. Sales in Bengaluru's primary housing market stood at 13,966 units in the year-ago period. Real estate data analytics firm PropEquity data showed that sales of residential properties are likely to increase to 49,559 units during January-September period of 2025 calendar year as against 46,392 units in the corresponding period of the preceding year. With start of the festive season, real estate developers feel that sales in Bengaluru during the fourth quarter of this calendar year would rise further, closing the year on a strong note. Sales of housing in the Bengaluru market stood at 61,116 units in the 2024 calendar year, down from 66,600 in the preceding year. During the COVID pandemic year 2020, sales stood at only 34,480 units but demand revived in subsequent years because of the pent-up demand. Sales increased to 43,181 un

UP Rera approves 21 projects worth ₹7,035 cr, 10,866 housing units planned

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 21 new projects worth Rs 7,035 crore, paving the way for 10,866 housing and commercial units across the state. The clearances were given on Saturday in the 184th meeting of the Authority, chaired by Sanjay Bhoosreddy, UP RERA said in a statement. "The approval of 21 projects, adding nearly 11,000 new units, highlights the momentum of real estate growth in Uttar Pradesh. With investments of about Rs 7,035 crore, these developments will meet housing needs across diverse income groups and also create significant economic opportunities for the state," Bhoosreddy said. The projects, spread across Gautam Buddh Nagar, Ghaziabad, Lucknow, Mathura, Agra, Bareilly, Varanasi and Barabanki, include residential apartments, villas, plots and commercial spaces. UP RERA said the developments are expected to generate employment in construction and allied sectors while expanding housing availability, with a share reserved for

Panchshil Realty buys Capgemini's Thane Knowledge Park for ₹550 crore

Panchshil Realty has bought Capgemini's Thane Knowledge Park for Rs 550 crore, expanding its office space portfolio as Mumbai's commercial property market sees major shifts

Maharashtra invites realty firms to develop 13K acres of MSRTC land

Maharashtra will lease 13,000 acres of MSRTC land in key cities for residential and commercial projects under the build-operate-transfer model to boost revenue and modernise facilities

Delhi HC dismisses a petition for 'fabricated, AI-generated content'

In a dispute over delayed possession of flats in Gurugram, GWA had filed a petition and attempted to support it by quoting old judgments

Kartik Aaryan, parents buy ₹13 cr office space in Mumbai's Andheri West

he buyers paid ₹78 lakh in stamp duty and ₹30,000 in registration charges.

FinMin calls meet with lenders on Swamih Fund II scope expansion

Finance Ministry to discuss SWAMIH Fund II, a ₹15,000 crore blended finance facility to complete 1 lakh homes, building on the success of India's largest real estate stress fund

Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report

Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand