Page 23 - Real Estate

Gaurs Group raises ₹440 crore via NCDs to fund realty, expansion plans

Delhi NCR-based Gaurs Group raised Rs 440 crore via NCDs subscribed by three mutual funds to fund land acquisition, project execution and refinancing, with debentures to list on NSE

Real estate development by Rajasthan govt to hurt Aravallis more: Congress

The Congress on Monday claimed that not just mining, but the real estate development that is being opened up by the double-engine government in Rajasthan will cause further havoc in an "already devastated" ecosystem of the Aravallis. Congress general secretary and former environment minister Jairam Ramesh said this is being done against the recommendations of the Forest Survey of India. "As the nation awaits the Supreme Court's latest directives on the Aravallis, here is more evidence of how the new definition of the Aravallis will cause further havoc in an already devastated ecosystem. "It is not just mining but real estate development that is being opened up by the double-engine sarkar in New Delhi-Jaipur against the recommendations of the Forest Survey of India," Ramesh said in a post on X. The Congress has been strongly opposed to the redefinition of the Aravallis and has raised concerns over it, claiming that this will lead to destroying the hills by opening them to mining, re

Housing sales in seven cities fall 14% in 2025 but value rises 6%: Report

Home sales volumes across the top seven cities fell to about 3.95 lakh units in 2025, but the value of homes sold rose to over ₹6 trillion as luxury share increased

Mirae Asset Sharekhan sees upside for Lodha on launches, Palava push

On the bourses, meanwhile, Lodha Developers share price was trading 0.09 per cent lower at ₹1,078.40 per share around 10:50 AM. By comparison, BSE Sensex was trading 0.21 per cent lower at 85,226.75.

Moderation at home, momentum at work: 2025 a mixed bag for realty sector

India's real estate market saw residential sales moderate in 2025, while commercial leasing and investments hit record highs, making it a year of contrast and consolidation

Brookfield to build 1.3 mn sq ft office tower for JP Morgan in Powai

Brookfield Properties will develop a 1.3 million sq ft Grade A office tower in Mumbai under a long-term built-to-suit agreement with JPMorganChase, the company said in a statement on Wednesday.

Sattva Group signals IPO readiness, to enter new domestic markets

The Group, which has a development portfolio of around 70-75 million square feet across completed, under-construction and planned projects, is stepping up activity beyond its core southern markets

Delhi HC closes Sunjay Kapur estate hearings, reserves order on plea

Justice Jyoti Singh noted that oral arguments had already concluded and that the remaining written submissions filed by the contesting sides had now been formally taken on record

Office leasing up 6% in 2025 across top 7 cities on better demand: Report

Office space leasing across India's top seven cities rose 6 per cent to 71.5 million square feet this year on better demand from domestic and foreign companies, according to Colliers. Real estate consultant Colliers India on Wednesday noted that the office demand is expected to remain robust next year, driven by growth in technology and BFSI (Banking, Financial Services, and Insurance) sectors. As per the data, the gross leasing of Grade A office spaces is estimated to have increased to 71.5 million square feet this year across seven major cities from 67.2 million square feet in the 2024 calendar year. The demand fell in Mumbai and Hyderabad, but increased in the other five cities -- Chennai, Bengaluru, Pune, Kolkata and Delhi-NCR. Gross absorption does not include lease renewals, pre-commitments and deals where only a letter of Intent has been signed. "India's office market continues to scale up and set new highs every passing year," said Arpit Mehrotra, Managing Director, Office

Brookfield India Reit raises ₹2,000 crore via sustainability-linked bonds

The IFC-anchored five-year bond issue links financing to renewable energy and water stewardship targets, marking the largest sustainability-linked bond raised by a Reit in India

American banking giant JP Morgan to set up Asia's largest GCC in India

US banker's move puts the country on top of the global GCC map

Shapoorji Pallonji enters plotted development with ₹600 cr project in Pune

Shapoorji Pallonji Real Estate has launched Treetopia, a 105-acre plotted development in Pune with 483 residential plots and an estimated revenue potential of Rs 600 crore

$10.4 bn: India logs highest-ever real estate investments across 77 deals

For the first time since 2014, domestic institutional investors have captured a commanding 52% market share

JM Financial AMC expands AIF platform with ₹1,000 crore real estate fund

JM Financial Asset Management Company is expanding its Alternative Investment Fund (AIF) platform with the launch of Rs 1,000 crore early-stage real estate fund to address the sector's financing gap. "Our objective is to build a comprehensive AIF ecosystem that supports India's next phase of enterprise growth. We are creating strategies that are thematic, real asset-?backed and focused on non-traditional opportunities," JM Financial Asset Management Ltd MD and CEO Amitabh Mohanty told PTI. The AIF platform will offer specialised pools of capital across credit, real estate and pre-IPO opportunities, he said. JM Financial has launched its early-stage real estate (RE) fund, which capitalises on the group's expertise and track record over more than a decade managing real estate credit, he said, adding that the fund aims to bridge the capital gap that traditional lenders are unable to address due to regulatory constraints. The fund aims to raise Rs 1,000 crore, with likely first close o

Keystone Realtors to launch ₹3,000 crore ultra-luxury Mumbai project: CMD

Realty firm Keystone Realtors plans to launch a super luxury residential project in Mumbai next month with a revenue potential of about Rs 3,000 crore, a top company official said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the leading real estate developers in the country. In an interview with PTI, Keystone Realtors Chairman and Managing Director Boman Irani said the company is very bullish on housing demand and expressed confidence of easily achieving the sales bookings target of Rs 4,000 crore this fiscal year. The company has already sold properties worth Rs 1,839 crore in the first half of 2025-26, up 40 per cent annually. About new launches, Irani said the company is targeting to launch a super luxury residential project at Bandstand, Bandra, in Mumbai next month. "The gross development value (GDV) of this upcoming project will be around Rs 3,000 crore," he said. Irani said the company had given an annual guidance of launching Rs

Shapoorji Pallonji eyes ₹600 cr revenue from Pune housing plot project

Shapoorji Pallonji Real Estate has entered into the housing plot segment to meet the rising demand and will develop its first project in Pune with a revenue potential of around Rs 600 crore. SPRE, the real estate arm of business conglomerate Shapoorji Pallonji Group, has developed many group housing projects and is now expanding its portfolio by offering residential plots to customers. On Sunday, the company announced its foray into plotted development with the launch of 'Treetopia', a premium 105-acre project in Pune. The project, comprising 483 plots, will have an "estimated revenue potential around Rs 600 crore". The project is located close to the upcoming Purandar International Airport. The plot size ranges from 2,000-6,000 square feet. The company is targeting both end users and long-term investors. Sumit Sapru, CEO of Shapoorji Pallonji Real Estate (SPRE), said, "With growing interest among homebuyers in plotted developments, the launch of Treetopia marks an important step

70% of realtors expect over 5% growth in housing prices next year: Survey

Nearly 70 per cent of real estate developers expect housing prices to rise by more than 5 per cent during the 2026 calendar year on strong demand, according to a survey by CREDAI and CRE Matrix. Realtors' body CREDAI and real estate data analytics firm CRE Matrix have done a sentiment survey of real estate developers. As many as 647 developers participated in the survey conducted in November and December. According to the findings of the survey, 68 per cent of respondents expect home prices to rise above 5 per cent in the next calendar year. The survey report was released at a CREDAI conclave held in the national capital on December 19-20. As per the survey report, 1 per cent of respondents believe prices will rise by more than 25 per cent, while 3 per cent expect the prices to rise between 15 per cent and 25 per cent. As much as 18 per cent of respondents expect housing prices to appreciate between 10 per cent and 15 per cent, while 46 per cent of participants see rates to move u

SBI to revisit construction finance policy for housing projects: Chairman

State Bank of India (SBI) Chairman C S Setty on Saturday said that the bank will reassess its policy on construction finance for residential real estate, but stressed that accountability and transparency will be key factors in determining interest rates for such loans. At present, the bank has almost negligible presence in construction finance for housing projects, but it is slowly building a book on commercial real estate, especially office space. "So how do we work out on the construction (finance), particularly on the residential real estate, is something that we are working on. But it is also a fact that many of the people who have been aggressive on the residential real estate market have burned their hands," he said, while reminding realtors of past cases of failures due to overleveraging. "The stability in terms of transparency, in terms of project management, in terms of risk management, gives us some confidence....accountability is something what is going to give confidence

Credai's Budget wish list: Revise affordable housing price cap to ₹90 lakh

This comes even as affordable homes have been seeing a drop in demand as well as supply in Tier-I markets such as Delhi NCR and Mumbai

Mumbai realty's ₹9.6 cr luxury median nearly doubles Gurugram's ₹5.4 cr

This puts Mumbai nearly 2x Gurugram and over 3x Bengaluru, reinforcing its identity as India's most expensive and resilient luxury housing market.