Page 19 - Real Estate

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

Mindspace REIT to acquire Chennai office assets for ₹2,541 crore

Acquisition of two Chennai office assets from sponsor portfolio to strengthen Mindspace REIT's presence and expand leasable portfolio and asset base

Mumbai records best March in 14 years with over 15,500 registrations

City records 15,516 property registrations in March 2026, highest in 14 years, with strong end-user demand and rising share of mid-income housing

VGN Homes Launches 'VGN Meridian Heights' in Gerugambakkam,: Premium Plotted Development Offering 4X Growth Potential

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Brookfield India REIT names Shashank Jain as CEO, Alok Aggarwal to retire

Jain, joining from PwC India, will take charge from July 2026 as current chief Alok Aggarwal retires after leading the REIT since its inception in 2021

Sara Ali Khan leases Andheri bungalow to Montessori school at ₹6.5L/month

Starting from the third year, the rent will increase by 5% annually.

SM Reit scheme PropShare Celestia's ₹244 crore IPO to open on April 10

Property Share Investment Trust files offer for its third SM Reit scheme, targeting Rs 244.65 crore with projected yields up to 8.9 per cent by FY29

Golden Growth Fund aims to liquidate two projects, buy land in FY27

Real estate AIF plans to exit two independent floor projects and acquire land parcels in South and Lutyens' Delhi, amid rising luxury housing demand and price appreciation

Housing sales value growth to moderate slightly to 4-6% in FY27: Crisil

Growth in housing sales value is set to moderate in FY27 amid flat demand and slower price increases, though strong collections and premium segment demand will support developers

Dubai on the edge: Indian HNIs don't loosen grip on trophy assets

Luxury real estate mkt holds firm; investors selective about buying

The Permanent Staycation: Raymond Realty Brings Resort Life to BKC.

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Housing sales dip 13% across 9 cities in Q1 amid West Asia conflict: Report

Housing sales across nine major cities fell 13 per cent annually during January-March quarter to 98,761 units on lower fresh supply of inventories amid West Asia conflict, according to PropEquity. Real estate research firm PropEquity on Monday pointed out that the sales have fallen below 1 lakh units mark after 18 quarters. The nine major cities are Delhi-NCR, Mumbai, Navi Mumbai, Thane, Bengaluru, Pune, Hyderabad, Chennai and Kolkata. As per the data, housing sales fell 13 per cent to 98,761 units during January-March this year compared to 1,13,602 units in the year-ago period. The total sales in these nine cities declined 6 per cent from 1,05,527 units in the previous quarter (October-December 2025). Samir Jasuja, Founder & CEO of PropEquity said, "Housing sales continued to moderate in the first quarter of 2026 with Delhi-NCR and Bengaluru emerging as outliers. This reduction is on account of low supply across most cities. Close to 22,000 lesser units were supplied in Q1 2026 ..

₹100 cr bet on South Delhi: AIF targets ₹25 cr per floor in Gulmohar Park

South Delhi's Luxury Realty Bet: Golden Growth Fund Eyes ₹100 Crore Project in Gulmohar Park

Stocks, real estate, bonds, gold, silver, oil: Where to invest in FY27?

Here's how leading analysts expect FY27 to play out for different asset classes and suggest an ideal investing strategy.

Housing sales in Delhi-NCR dip 17% in Jan-Mar amid West Asia war: Report

Housing sales in Delhi-NCR declined 17 per cent quarter-on-quarter to nearly 16,000 units in the January-March period amid negative sentiments due to the West Asia conflict, according to Anarock. However, the demand rose 44 per cent on an annual basis following the low base effect. Real estate consultant Anarock data showed that housing sales in Delhi-NCR stood at 15,985 units during the current January-March period, down 17 per cent from 19,250 units in the previous quarter. Sales in Delhi-NCR increased 44 per cent from 11,120 units in the January-March period of the last year. Anarock Chairman Anuj Puri noted that the long-term fundamentals of India's residential segment remain strong, but the "short-term tremors of the Iran War were clearly visible in the first quarter". He pointed out that the war-induced uncertainty has affected buying sentiments, particularly in March, resulting in a 7 per cent decline in sales across seven major cities during the January-March period of thi

New $1.2 billion Noida airport set to test India's infra buildout boom

A land rush similar to Jewar has also gripped Navi Mumbai, an edge city across the harbor from India's financial capital Mumbai

Taxiing to take off, Jewar airport likely to drive land value surge

Infrastructure push, industrial growth and relative affordability are expected to drive residential demand and investor interest across Jewar, Noida and Greater Noida markets

EaseMyTrip co-founder buys ₹15.9 cr penthouse in DLF's Mumbai project

Rikant Pittie acquires a luxury penthouse in DLF's Andheri West project for Rs 15.9 crore, marking one of the highest per square foot transactions in Mumbai's western suburbs

Birla Estates enters Mumbai redevelopment market with ₹1,700 cr project

The Aditya Birla Real Estate arm marks its entry into Mumbai's redevelopment segment with a Khar West project, tapping strong demand in the land-constrained MMR housing market

Aditya Birla Real Estate aims ₹1,700 cr revenue from 1st housing project

Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area. In a regulatory filing on Friday, the company said its subsidiary Birla Estates Pvt Ltd has entered into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). Birla Estates will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai's Western Suburbs. The project is being developed under a joint redevelopment arrangement with Parinee Real Estate Builders. "With a saleable area of 2.9 lakh sq ft, the project has an estimated revenue potential of Rs 1,700 crore," ABREL said. Birla Estates develops premium residential housing in key markets. It also has a commercial portfolio with two grade-A commercial buildings located in Worli, Mumbai, with 6 lakh sq ft of leasable area.