Page 27 - Real Estate

Embassy Developments to launch 6 residential projects valued at ₹10,300 cr

The developer plans six residential launches and a ₹5,000 crore pre-sales target as demand stays strong in the city's northern market

Central Park Estates to invest ₹2,000 cr in new Dwarka Expressway project

Realty firm Central Park Estates will invest Rs 2,000 crore to develop a luxury housing project in Gurugram as part of its expansion plan. Central Park, owned by The Bakshi Group of Enterprises, which has presence in real estate, infrastructure, hospitality and automotive industries, has launched a new project 'Delphine' in Sector 104, Dwarka Expressway. The company will develop six towers in this project, spread across 7.85 acres, in three phases. In a statement on Monday, the company said the total investment would be Rs 2,000 crore through internal accruals and bank loans. The construction will start in 2026, and the project is expected to be completed by 2032. The development will be executed in three phases with an estimated sales realisation of Rs 3,500 crore, it said. Amarjit Bakshi, Chairman and Managing Director, Central Park, said, "Our entry into Dwarka Expressway is a step towards developing Gurugram's next luxury hub, where infrastructure, design and investment pote

County Group buys 5 acre plot in Noida for ₹475 crore for housing project

Realty firm County Group has bought 5-acre land in Noida through auction for around Rs 475 crore to develop a housing project, sources said. The land, located in Sector 151, Noida, was acquired by the group through auction conducted by the state government, they added. County Group is planning to develop only 226 residential units in this upcoming project, with a total development area of more than 11 lakh square feet. The group delivered over 40 lakh square feet across three housing projects in 2024. In 2025, it has launched two major projects Ivory County, a 63-lakh square feet luxury project in Sector 115, Noida, and Jade County, on 30 lakh square feet in NH24, Ghaziabad. County Group is one of the leading real estate developers in the Delhi-NCR market. Land prices have surged in Noida and Greater Noida markets on the back of many infrastructure projects, including the upcoming international airport. The development authorities of Noida and Greater Noida authorities are moneti

ATS HomeKraft provides ₹1,250 cr exit to HDFC Capital's HCARE-2 fund

The ATS group developer cleared dues to HCARE-2 entirely through project cash flows, highlighting strong demand and healthier balance sheets in mid-income housing

MahaRERA issues SOP to fast-track compensation recovery for homebuyers

MahaRERA introduced a detailed SOP to ensure faster compensation recovery from developers, with strict timelines, stronger enforcement, and option of court action in cases of persistent non-compliance

Godrej Properties buys Nagpur land parcel with ₹755 cr revenue potential

The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance

India's real estate may get institutional investments of ₹5-7 bn in 2025

Institutional investments in Indian real estate totalled $4.3 billion in the first nine months of 2025, a 9% Y-o-Y decline

SC's green clearance ruling recall could push ahead stalled projects

The Supreme Court's recall of its May 2025 ruling on retrospective environmental clearances eases demolition fears for hundreds of projects and offers relief to homebuyers, developers and lenders

Godrej Properties acquires 75 acres in Nagpur, eyes ₹755 cr revenue

Realty firm Godrej Properties has acquired 75 acre land in Nagpur to develop a housing project with an estimated revenue of Rs 755 crore. The company will mainly sell housing plots in this upcoming project. In a regulatory filing on Friday, the company informed that it has surpassed Rs 20,000 crore annual target of new business development for this fiscal year after the latest purchase of 75 acres in Nagpur, Maharashtra. In the real estate sector, the new business development means acquisition of land parcels, through outright purchases or tie-ups with land owners, to build projects in future. Listed real estate developers generally disclose the estimated saleable area and revenue potential of land parcels they acquire. Godrej Properties noted that this is the third land acquisition in the city over the past four years. The upcoming project in Nagpur will have an estimated saleable area of around 1.7 million sq ft, with a revenue potential of about Rs 755 crore. Gaurav Pandey,

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

Godrej Properties eyes ₹3,500 cr from new 30-acre Bengaluru township

Realty firm Godrej Properties has acquired a 30-acre land in South Bengaluru to develop a township with an estimated revenue of around Rs 3,500 crore. In October, the company had bought a 26-acre land parcel at Sarjapur, Bengaluru to develop a housing project with an estimated revenue of Rs 1,100 crore. In a regulatory filing on Thursday, the company informed that it has acquired an additional 3.8-acre land parcel, thereby unlocking Rs 2,400 crore of additional revenue and 2 million sq ft of additional development potential. With this acquisition, Godrej Properties Ltd plans a large-scale, premium residential community. The overall gross development value of this 30-acre township will be Rs 3,500 crore. The total development potential is 3 million sq ft area. "The enhanced potential is largely due to higher FSI permissibility across the entire land parcel, allowing the combined 30 acres holding to be master planned as an integrated group housing development township," Godrej ...

SC's post-facto green nod rollback pulls core sectors 'back from brink'

Reversal restores 2017 and 2021 norms, reopening door to regularise past lapses

NBCC sells 609 housing units in Greater Noida via auction for ₹1,070 cr

State-owned NBCC (India) Ltd has sold 609 housing units in Greater Noida (West) for Rs 1,070 crore through an e-auction. In a regulatory filing on Wednesday, the company informed that it has sold 609 residential units in two projects 'Aspire leisure valley' and Aspire Centurian Park through an e-auction at total sale value of Rs 1,069.43 crore. NBCC will get marketing fee at 1 per cent of sale value. NBCC did not mention the name of the buyer. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (ASPIRE) was formed to complete the stuck projects of Amrapali through the NBCC. The state-owned firm was asked to complete 38,000 flats and hand them over to homebuyers. The investment to complete these flats was projected at around Rs 8,300 crore. Meanwhile, Delhi-based AU Real Estate said that it has acquired the selling rights for Aspire Leisure Valley (Phase 2) and Aspire Centurian Park from NBCC. "The combined transaction valu

Rental housing stabilises in Q3 2025 as demand-supply moderates: Report

India's rental housing market entered a consolidation phase in July-August 2025, with modest demand and supply growth pointing to a more balanced environment

Delhi's Khan Market 24th most expensive global retail spot: Report

Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an annual rent of USD 223 per sq ft, according to Cushman & Wakefield. Khan Market was 23rd most expensive retail location globally in last year's ranking. Nevertheless, Khan Market remains India's most expensive high street. As per the Cushman & Wakefield report released on Wednesday, London's New Bond Street has become the world's most expensive retail destination, with an annual rent of USD 2,231 per square foot per year. Via Monte Napoleone in Milan, Italy, lost its top position to become the 2nd most expensive main street globally with an annual rent of USD 2,179 per sq ft. New York's Upper 5th Avenue (49th to 60th Sts) is at third position with an annual rent of USD 2,000 per sq ft, compared to rank 2nd in the last year's list. Global real estate consultant Cushman & Wakefield released its flagship retail report 'Main Streets Across The

Prestige plans up to ₹10,000 crore capex for West India portfolio

Prestige Estates Projects plans ₹8,000-10,000 crore capex to expand its residential and commercial footprint in MMR and Pune, driven by new launches, redevelopment and township-led growth

NBCC sells rights for 609 Amrapali units to AU Real Estate for ₹1,069 cr

NBCC sold selling rights for 609 units in Amrapali's Aspire Leisure Valley and Centurion Park to AU Real Estate to raise funds for completing stalled housing projects

iBUS, Rustomjee join hands to build digitally ready, future-proof homes

iBUS has partnered with Rustomjee to build future-ready digital infrastructure across its Mumbai projects, offering residents stronger connectivity, smarter living and seamless tech integration

'Luxury homes drive Bengaluru realty but ultra-premium shows early fatigue'

Luxury launches overtook mid-income launches for the first time in H1 FY2026, comprising 49 per cent of total launches

Serene Communities, Asset Homes to build 4 senior-living projects in Kerala

Serene Communities by Columbia Pacific has partnered with Asset Homes to invest Rs 500 crore in four senior-living projects across Kerala