Page 19 - Real Estate

SC orders builder to refund ₹43L with 18% interest for delayed possession

Despite payments totaling ₹43.13 lakh by 2015, the promised possession was never delivered. Instead, the company charged him 18% interest for alleged payment delays.

Housing, plot prices soar along Yamuna Expressway; plots jump 6x in 5 years

Housing prices in projects along Yamuna Expressway in Delhi-NCR has risen 2.5 times while rates of plots jumped more than sixfold in the last five years driven by infrastructure development

Sri Lotus Developers stock price today: Up 6% on Motilal Oswal 'Buy' rating

Sri Lotus Developers share price jumped after domestic brokerage Motilal Oswal initiated coverage on the stock with a 'Buy' rating, with a target of ₹250 per share, which reflects an upside of 35%.

InCred, Analah consortium invests ₹50 cr in PRISM-backed Sunday PropTech

Sunday PropTech, backed by PRISM, raises Rs 50 crore from InCred and Analah-led consortium to expand premium and mid-premium hotels under brands such as Sunday and Townhouse

Developers eye festival season demand, GST cuts to revive housing sales

Real estate developers expect GST cuts on inputs and festive buying sentiment to spur housing demand across luxury, mid-segment and Tier-2 cities after a lull in sales

Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi

Zomato Hyperpure is a business-to-business (B2B) platform providing kitchen solutions, set up by the restaurant aggregator Zomato

SC allows CBI to register six more real estate fraud cases in Delhi-NCR

The Supreme Court on Tuesday allowed the CBI to register six more regular cases into the "unholy nexus" between banks and developers to dupe homebuyers in real estate projects in Mumbai, Bengaluru, Kolkata, Mohali and Prayagraj. A bench of Justices Surya Kant, Ujjal Bhuyan and N Kotiswar Singh allowed the CBI to proceed as per law after Additional Solicitor General Aishwarya Bhati, appearing for the agency, mentioned that it has completed preliminary inquiry in projects of the various builders except Supertech Ltd, falling outside Delhi-NCR in Mumbai, Bengaluru, Kolkata, Mohali and Prayagraj. The bench noted the submission of the Central Bureau of Investigation (CBI) that, after preliminary inquiry, it has found a cognisable offence being made out and allowed the agency to register regular cases and proceed according to law. Bhati said the agency is willing to register six regular cases for speedy investigation and conduct a search and seizure in the matter. The top court directed

Brigade Group inks 7.5-acre Banashankari project worth ₹1,200 crore

Brigade Group has signed a joint development agreement for a 7.5-acre residential project in Banashankari, Bengaluru, with a GDV of Rs 1,200 crore, adding to its housing pipeline

Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform

The fund will particularly focus on redevelopment projects, with Supreme being an execution partner

HoABL uses agentic AI to sell oversubscribed Naigaon housing project

HoABL's Naigaon project, developed with Mittal Builders, drew 8,838 registrations for 1,419 homes as the firm used agentic AI to run sales without site visits or staff

HoABL invests ₹200 cr in affordable housing, plans 7 more sites in Mumbai

Realty firm House of Abhinandan Lodha is investing Rs 200 crore in an affordable housing project in suburban Naigaon, and looking at seven more sites to have similar developments in metropolitan Mumbai, a top company official said on Monday. HoABL chairman Abhinandan Lodha told reporters that it has started discussions on one of the sites, while the others are only identified ones. The seven sites include one near the upcoming Navi Mumbai International Airport, he added. "All these will be joint developments with people holding the land. We will look for over 20 lakh sq ft of development potential which will get delivered in about five years," the son of BJP leader Mangalprabhat Lodha who started this company in 2020, said. The Naigaon project, where it has partnered with Mittal Builders, is spread over 12 acres and will be built in two phases over the next five years, he said, adding that HoABL is investing Rs 200 crore in it. Lodha said his group which is also into plotted ...

Brigade to develop realty project in South Bengaluru with ₹1,200 cr GDV

The project will cover 7.5 acres of land parcel with an estimated gross development value (GDV) of around ₹1,200 crore

From ₹10 cr to ₹190 cr: Golf Course Rd records record-breaking realty deals

The Camellias commands between ₹12 lakh and ₹16 lakh per month among the highest rental rates in India.

India ranks 4th in Apac for real estate capital inflows in H1 2025: Report

India emerged as the 4th-largest destination for real estate capital in H1 2025, driven by strong foreign and domestic investments across residential, office, and industrial assets

Brokers' body resolves differences with MagicBricks after disrespect row

In May this year, NAR India had directed its members to cease all listings, advertisements, and business transactions with MagicBricks and avoid all engagement with the platform

Top 9 Indian cities see 4% dip in housing sales in Q3 2025: Report

Housing sales in India's top nine cities fell 4% Y-o-Y in Q3 2025 to 1,00,370 units, while new launches stayed flat at 92,229 units, says PropEquity report

Circle rates in Ghaziabad may rise up to 40%, buyers face higher costs

Ghaziabad administration has proposed up to 40 per cent hike in circle rates, raising concerns that higher stamp duty and fees could make homes unaffordable without regulatory relief

Hero Realty buys land in Mohali for over Rs 260 cr to build project

Hero Realty has purchased 8.71 acre land in Mohali for over Rs 260 crore to develop a real estate project. The company, through its entity Vikas Parks Pvt Ltd, has acquired a prime land parcel spanning 8.71 acre in Sector 99, Mohali, through an auction conducted by Greater Mohali Area Development Authority (GMADA), Hero Realty said in a statement. Hero Realty has bought this land for Rs 262.75 crore. Rohit Kishore, CEO of Hero Realty, said, "Mohali has always been a strategically important market for us." The company is developing a 18.5 acre project in Sector 88, Mohali. It has already delivered 544 units across seven towers in Phase 1 and has also started handing over possessions of Phase 2, which has another 650 units. The third phase has been launched recently. Hero Realty is currently developing over 5.2 million square feet of residential projects across Delhi-NCR and Punjab. The company has delivered over 230 acre of industrial parks in Haridwar and has developed 6 million

BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh

BNP Paribas has leased 1.45 lakh sq ft at Hiranandani Centaurus in Thane West for Rs 94.95 lakh monthly rent as BFSI sector demand drives office leasing growth in India

Goa real estate, hotel tariffs see 15-20% correction amid tourist surge

The substantial correction in real estate rates across Goa is a trend that analysts believe is part of a 'healthy cycle' that would create stronger foundations for growth in the future