Page 2 - Real Estate

Nexus Select Trust's NOI rises 8% to ₹504 crore in Q2 on strong leasing

The retail-focused Reit's net operating income rose to ₹504 crore in Q2FY27, while distributions increased 8 per cent to ₹359 crore amid strong consumption and leasing momentum

Mindspace REIT Q2 results: NOI rises 32% to ₹836 crore on strong leasing

Mindspace REIT's net operating income rose 31.9 per cent to ₹836 crore in Q2FY27, supported by strong leasing and higher rentals, while revenue increased 29.8 per cent

Brookfield India REIT's operating income rises 51% on strong leasing

Brookfield India REIT reports net operating income of ₹767.2 crore, with committed occupancy at 93 per cent and global capability centres accounting for 51 per cent of gross leasing.

DivyaSree, HDFC Capital set up ₹1,500 cr residential development platform

The platform will acquire land and develop residential projects in Bengaluru, Hyderabad and Chennai, with a potential gross development value of ₹6,750 crore

HDFC Capital, DivyaSree set up ₹1,500 cr fund to build housing projects

HDFC Capital has partnered with realty firm DivyaSree Developers to set up a Rs 1,500 crore platform for building residential projects. In a statement on Monday, Bengaluru-based DivyaSree Developers said it has partnered with HDFC Capital Advisors Ltd to "establish an Rs 1,500 crore residential platform in India." The partnership will provide DivyaSree growth capital to support the acquisition and development of residential projects over the next three to four years with the potential revenue of Rs 6,750 crore. The projects would be developed in Bengaluru, Hyderabad and Chennai. Vipul Roongta, Managing Director and CEO, HDFC Capital, said, "India's residential real estate sector continues to offer strong opportunities for institutionally backed development, supported by sustained demand for high-quality housing across urban markets." DivyaSree Developers has a strong track record in real estate development, deep market understanding and a commitment to quality execution, he ...

Godrej Properties targets ₹40,000 cr revenue recognition by March 2028

Godrej Properties expects a sharp rise in deliveries and earnings next fiscal, with sold-out projects worth ₹40,000 crore set for revenue recognition by March 2028.

Mumbai property registrations rise 9% in October, stamp duty up 13%

Mumbai recorded 12,690 property registrations in October, up 9 per cent YoY, while stamp duty collections rose 13 per cent to ₹1,173 crore despite fewer registration days.

Lodha Developers to invest ₹1,200 cr to build prime Gurugram office complex

Real estate firm Lodha Developers will invest around Rs 1,200 crore to build an iconic office complex on Golf Course Road, Gurugram, marking its entry into the Delhi-NCR property market, according to a senior company official. Last year, the Mumbai-based firm entered into a joint development agreement with MRG Group for two projects in Gurugram, one commercial and one residential. In an interview with PTI, Lodha Developers Ltd's Executive Director-Finance Sushil Modi said the company recently launched a commercial project, 'Lodha Pantheon', spread over 1.2 acres and comprising 4 lakh sq ft of saleable area. He said the company would sell office spaces in this Grade A++ commercial project. "We have launched our first project in Delhi-NCR. We are developing an iconic office complex on prime Golf Course Road. The total saleable area is 4 lakh sq ft across 27 floors," Modi said. Asked about the total project cost, Modi said it would be around Rs 1,100-1,200 crore. The floor plates ar

IBBI amends real estate insolvency rules to protect homebuyers' interests

IBBI amends insolvency rules for real estate developers to speed up home delivery, strengthen homebuyers' participation and improve transparency in resolution processes

IBBI amends rules to speed up resolution of stressed real estate projects

To expedite real estate insolvencies, regulator IBBI has notified amendments to regulations providing for project-wise treatment, enhanced disclosures, stronger participation of homebuyers as well as detailed cost-assessment that will help attract more realistic bids. Against the backdrop of issues, challenges and delays being faced in the resolution of stressed real estate projects that are impacting homebuyers, the watchdog has amended the regulations pertaining to insolvency resolution process for corporate persons. IBBI is a key institution in implementing the Insolvency and Bankruptcy Code (IBC), which provides the framework for resolution of stressed assets in a market-linked and time-bound manner. "The amendments aim to facilitate more informed and viable resolution of real estate projects, enhance transparency and accountability, and strengthen the interests of homebuyers and other stakeholders in the insolvency resolution process," IBBI said in a release on Saturday. With

From savings to settlement: How to set up funds for house down payment

A blueprint for protecting your capital and structuring low-risk investments to ensure your house deposit is ready on closing day

A tale of two Chinas

China's booming technology & export industries are thriving despite a prolonged property crisis, weak domestic consumption and rising inequality, raising questions about its long-term growth prospects

Smartworks raises FY27 revenue growth guidance to 33-35% on strong demand

Smartworks expects ₹90-100 crore in incremental revenue after raising its FY27 growth guidance, backed by strong enterprise demand and over ₹540 crore in new rental contracts

GIFT City funds' tax-related hurdles being ironed out, say experts

Tax authorities address Section 80LA deduction disputes, but experts flag GST compliance costs and competitiveness concerns

Services growth widens in August; 13 of 19 sectors post double-digit gains

NSO data shows 17 services sub-sectors expanded in August, led by retail trade, while repair services rebounded sharply and air transport contracted for a fifth straight month

Brigade Group Q2 net profit rises 29% to ₹219 crore, revenue falls 12.6%

Brigade Enterprises reports ₹1,827 crore in real estate sales during Q2FY27, supported by strong residential demand and project launches, while Ebitda rises 27.5 per cent to ₹478 crore.

M3M India targets 10 mn sq ft branded residences portfolio by end of 2026

M3M India plans to expand its branded residences portfolio from 6.9 million to 10 million sq ft by the end of 2026 and has launched an exclusive homeowners' club in Paris

India's real estate PE investments fall 31% as foreign investors pull back

Knight Frank says foreign investments fell to their lowest level since 2012, while domestic investors accounted for 85 per cent of real estate PE inflows in the first nine months of 2026

SC cautions against entertaining pleas by homebuyers in stalled projects

The Supreme Court said separate petitions by homebuyers could delay its ruling in a pending case and asked litigants to await the verdict or approach the respective High Courts.

Anant Raj gets RERA nod for Gurugram project, eyes 357 MW data centres

Anant Raj has secured Haryana RERA certification for its luxury residential project in Gurugram and plans to expand data centre capacity to 357 MW by FY32 as Q2 net profit rises 13.25 per cent