Page 2 - Real Estate

Indian investors pump record $2.6 bn into realty, account for 57% of flows

Indian investors fuel six-year high in real estate inflows with $2.6 bn investment

Delhi-NCR premium housing sales jump 30% in Q1; Rs 1-cr homes dominate

7 in 10 homes sold in Delhi-NCR now cost over Rs 1 crore: Equirus

M3M Group to invest ₹10,000 crore in construction, land acquisition in FY27

The Gurugram-based developer will invest Rs 7,200 crore in construction and Rs 2,500 crore in land acquisition as it expands its project pipeline and branded housing portfolio

Accenture leases 346K sq ft office space in Pune at ₹2.52 cr a month

The IT services firm has leased office space across five floors at Phoenix Millennium Towers in Wakad, with a total rental commitment estimated at around Rs 355.4 crore over the lease tenure

Godrej Properties bags Noida land parcel with ₹2,000 cr revenue potential

The real estate developer emerged as the highest bidder for a 4.95-acre residential plot in Sector 151, Noida, and plans a premium housing project with estimated revenue of Rs 2,000 crore

Indian Reits Association appoints KRT CEO Shirish Godbole as chairperson

Knowledge Realty Trust CEO succeeds Brookfield India REIT's Alok Aggarwal, who stepped down following his retirement

India's Q2 2026 retail leasing grows 17.6% YoY amid sustained demand: Rpt

Gross leasing touches 2.4 million sq ft as sustained occupier demand, low vacancies and limited Grade A mall supply support rental growth

IBBI proposes wide-ranging realty reforms with a focus on homebuyers

IBBI has proposed project-wise real estate insolvency reforms to prioritise housing completion, protect homebuyers and reduce liquidations under the IBC

Mumbai records over 80,000 property registrations in H1 2026: Report

The city recorded 80,221 property registrations in the first half of 2026, while June is set to become the strongest month for registrations in 14 years, reflecting sustained homebuyer demand

Godrej Properties acquires 47-acre land parcel off OMR in South Chennai

The developer will build plotted residential units on the site off Old Mahabalipuram Road, with the project expected to generate an estimated ₹500 crore in revenue

Oberoi Realty enters Delhi-NCR with Gurugram project; homes from Rs 18 cr

'We want a Gurugram business as big as Mumbai': Oberoi Realty enters Delhi-NCR

Can Namo Cities become NCR's next real estate hotspots? Here's what we know

How Namo Cities could create the next Gurugram or Noida

West Asia conflict pushes housing sales in metros down 6% in Apr-Jun

Residential sales across the top seven cities fell to 90,715 units in Q2 2026, while new launches rose 7 per cent as developers continued to add inventory despite uncertainty

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

Mumbai-based Oberoi Realty on Monday announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore. The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi told reporters in Gurugram. The company has launched the first phase at a basic selling price of Rs 35,000 per sq ft. "The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said. Asked about the investment, he said the project cost would be around Rs 6,000 crore for both phases. In the first phase, the starting price is Rs 19 crore. The size of the apartments ranges from Rs 5,600 sq ft to 8,500 sq ft. The size of the penthouse is 13,000 sq

Omaxe soars 20% on launch of dedicated hospitality arm, to invest ₹6200-cr

Omaxe Ltd has announced that the dedicated hospitality business vertical will develop 19 hotels spread over nearly 5 million sq. ft. across five states in the next 4-5 years.

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7%: Anarock

Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata. These seven cities saw an average price appreciation of 7 per cent during the current quarter as against the same period of 2025. Interestingly, real estate consultant Anarock's sales data for April-June quarter is in complete contrast to a latest report by listed entity PropEquity, which mentioned a 19 per cent growth in sales of residential properties at 1,12,458 units in the current quarter. Commenting on its data, Anarock Chairman Anuj Puri said, "These readings are along expected lines, as the Middle East war's impacts on the entire sector were all too obvious." He pointed out that the "Middle

Puravankara aims ₹1,000 cr revenue from 6.4 acre Bengaluru housing project

Realty firm Puravankara has partnered with a landowner to develop a 6.4-acre housing project in Bengaluru with an estimated revenue potential of Rs 1,000 crore. In a regulatory filing on Monday, the company said it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru. The company will develop a housing project on this land parcel with a saleable area of 0.8 million sq ft and an estimated revenue potential of Rs 1,000 crore, it added. Bengaluru-based Puravankara Ltd did not name the landowner and also did not disclose the terms of the JDA. Under the JDA, real estate developers share revenue or profit with landowners. Sometimes, they offer completed housing units with landowners. Of late, real estate players are acquiring land through the JDA route as well as it involves less capital expenditure compared to outright purchase of land parcels. As of March 31, 2026, Puravankara has completed 95 projects totalling 57 million sq ft acros

Dubai's Danube Group targets nearly $4 billion launches in FY27

Danube recently launched Greenz by Danube, a townhouse and villa project, where the first phase, with a top-line potential of around $1.3 billion, has received a strong response

Consumer protection: Developer free to form building-wise societies

The National Commission noted that flat purchasers had given informed consent for FSI utilisation, so they could not question the additional construction later

Prestige Group holds ₹65,000 cr unrecognised revenue on pre-sales: Chairman

Realty firm Prestige Estates Projects Ltd has around Rs 65,000 crore of unrecognised revenue in its account, driven by strong sales of its housing properties during the last three financial years. Prestige Estates achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year. In an interview with PTI, Prestige Estates Chairman Irfan Razack said, "We have got about Rs 65,000 crore of unrecognised revenue in the book. It is not a small amount". He mentioned that the company follows the completion method for recognition of revenues. This means that revenue gets recognised once the real estate project gets completed. However, Razack said the company is in discussion with auditors to shift towards the percentage of completion method. On the outlook for the current fiscal, the company's chairman was hopeful that sales bookings and new launches would be better than those in 2025-26, as housing demand continues to be good despite glo