Page 24 - Real Estate

Sumadhura Group eyes investment of ₹10,000 crore in next four years

Bengaluru-based Sumadhura Group plans to invest Rs 10,000 crore by FY29 to expand residential, commercial, and warehousing projects while boosting revenue and pre-sales growth

Breathe Easy in the Heart of Mumbai: Sky Estella Offers a Rare Oasis

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Q1 presales solid for India's top listed real estate firms, profits patchy

DLF and Prestige power sales; Godrej and Oberoi face revenue drag

Godrej Properties emerges as top bidder for Hyderabad land at ₹547.75 cr

Godrej Properties has won a 7.83-acre land parcel in Hyderabad's Kukatpally for Rs 547.75 crore, with plans to develop premium residential apartments near HITEC City

NeoLiv to develop ₹150 cr residential project on 17.5 acres in MMR

NeoLiv will develop a 0.36 msf premium residential community in Khopoli, MMR, featuring plotted developments, villas, and world-class amenities backed by Sebi-approved funds

PropEquity sues CRE Matrix for alleged data theft, Delhi HC issues summons

PropEquity has moved the Delhi High Court against CRE Matrix alleging data theft, seeking damages of Rs 8 crore as the court issues summons and sets next hearing for September 19

Landmark Group to invest Rs 400 cr in Gurugram luxury housing project

Landmark Group has announced a Rs 400 crore investment in the second phase of its luxury housing project SKYVUE in Gurugram, featuring premium towers with high-end amenities

Landmark Group to invest ₹400 crore in new Gurugram housing project

Realty firm Landmark Group will invest Rs 400 crore in the construction of its new housing project in Gurugram. The company is developing 240 apartments in its new residential project, spread over 4 acre of land parcel, at Sector 103 (Dwarka Expressway) in Gurugram. "We will invest Rs 400 crore on construction of our new project 'Landmark SKYVUE'," Landmark Group Chairman Sandeep Chillar told reporters here. He said the company has owned this land parcel since 2009, and all approval charges have been paid to the government. Chillar said the company would fund the construction cost with the help of internal accruals, bank loans and advances from customers against sales. Landmark Group will sell apartments in a price range of Rs 5-7 crore per unit. The launch price is Rs 17,500 per sq ft. The chairman further said the demand continues to be strong in the Gurugram market, helped by infrastructure projects, including the opening up of Dwarka Expressway. The company has so far delive

Branded homes in high demand; IHCL, Marriott tie up with developers

Hospitality majors like IHCL, Marriott, and others are partnering with developers to tap the growing demand for branded residences, as luxury homebuyers drive the trend across metro and tier-II cities

Enzyme Offices looks to double revenue this fiscal, plans ₹50 cr investment

Flexible and managed workspace provider Enzyme Offices looks to double its revenue in the current fiscal to around Rs 150 crore and targets an annual recurring revenue (ARR) of Rs 200 crore by 2026-27, a top company official said on Tuesday. The company aims to double its revenue in the current financial year from the current Rs 75 crore, driven by strong demand from both global capability centres (GCCs) and leading Indian startups, Ashish Agarwal, Founder & CEO of Enzyme Offices said. "Enzyme Offices looks to achieve Rs 200 crore ARR by FY27, supported by a planned Rs 50 crore investment in expanding operations, enhancing infrastructure, and strengthening technology capabilities," Agarwal said. ARR refers to the recurring revenue of a business's contract, normalised for a year. Agarwal said that the company has witnessed remarkable journeys companies starting with just 20-30 seats and scaling to over 600 seats within Enzyme. Vyapar, Teachmint, Dukaan, Avin Systems, and Stellar ..

Rs 5000/sq ft: Mumbai, Delhi NCR, Bangalore most expensive for construction

Tariffs may delay projects relying on imports, especially luxury and commercial; further price hikes could worsen affordability in affordable and mid-segments

Rentals on rise: Robust office space demand set to benefit landowners

Recent office demand has been driven by global capability centres (GCCs), flex space operators, and domestic businesses

REITs promise stable income, but investors must brace for volatility

REITs invest mostly in offices and malls and are regulated by the Securities and Exchange Board of India (Sebi)

Delhi-NCR real estate to gain from UER-II and Dwarka Expressway launch

Real estate developers and consultants say UER-II and the Dwarka Expressway will improve connectivity, ease congestion, and drive housing and commercial growth in Delhi NCR

Table Space leases 5 lakh sq. ft office space in Gurugram for ₹3.5 cr/month

Table Space Technologies Pvt. Ltd., one of India's leading flexible workspace solution providers, has leased 5,34,532 sq. ft. of Grade-A office space in Intellion Park, Sector 59, Gurugram

Zostel charts global expansion, in talks to bring in strategic investors

Along with a rejig of segments it operates in, the firm is eyeing ₹1,500 crore gross revenue in FY26

Realty, hospitality firms upbeat on GST Diwali bonanza and tax relief

Real estate and hospitality companies hope that GST reforms, including lower taxes and simplified compliance, will boost demand, support tourism, and aid in the growth of the economy

NCR's Sohna Road sees property prices jump 74% in 3 years, rent up 50%

Capital values at Sohna Road have jumped 74% in just over three years, while average monthly rents for a standard 2BHK have surged 50% to ₹37,500.

Brigade Group Q1 profit surges 95% to ₹158 cr on strong residential sales

Robust residential demand and strong launch pipeline drive Bengaluru developer's stellar first-quarter performance

Indian Reits distribute Rs 1,559 cr in Q1 FY26, post 13% Y-o-Y growth

Brookfield, Embassy, Mindspace and Nexus Reits paid over 270,000 unitholders in Q1 FY26, with cumulative payouts crossing Rs 24,300 crore since inception