Page 29 - Real Estate

Aditya Birla Real Estate shares gain 2% post Q1; check details here

Total income for the quarter under review witnessed a drop, to ₹157.41 crore as against ₹365.24 crore reported in the same period of the previous fiscal year.

Mindspace REIT buys Hyderabad office asset for Rs 512 cr at 11% discount

Property takes Mindspace REIT's portfolio to 37.9 msf and adds Rs 53.5 cr to its net operating income

Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV

Sunteck Realty will develop a 3.5-acre land parcel in Mira Road with a GDV of Rs 1,200 crore, expanding its footprint in the fast-growing Mumbai micro-market

Aditya Birla Real Estate Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise

Aditya Birla Real Estate posted a Q1 FY26 loss of Rs 25.47 crore and will raise up to Rs 1,500 crore to refinance CPP debt and prepare for upcoming real estate launches

Aurum PropTech acquires home brokerage platform PropTiger for ₹86.45 cr

Aurum PropTech Ltd on Wednesday announced acquisition of housing brokerage platform PropTiger from Australia's REA Group for Rs 86.45 crore as part of its expansion plan. The company will issue preferential shares to REA India as consideration for the acquisition of PropTiger. In a regulatory filing, Aurum PropTech informed that the Board has approved "acquisition of 100 per cent equity shares of PropTiger Marketing Services India Pvt Ltd, India." The acquisition has been done from REA India Pte, Singapore, through an all-stock, strategic equity swap and execution of the Share Acquisition Agreement with REA and PropTiger. The board approved issuance of 42,42,537 equity shares (face value Rs 5) of the company on a preferential basis to REA, as a consideration for acquisition of PropTiger. The cost of acquisition is Rs 86.45 crore, it added. Post-issue of preferential shares, REA India will have 5,54 stake in Aurum PropTech Ltd. Gurugram-based PropTiger, which is part of REA India

Manipal Group's Shruti Pai buys ₹64 cr duplex in Bengaluru's Jayamahal Ext

Spanning the 13th and 14th floors, the 12,800 sq ft super-built-up (9,929 sq ft carpet) apartment includes four covered parking spaces and a dedicated lumber room.

Motilal Oswal alternates closes ₹2,000 crore sixth real estate fund

Motilal Oswal Alternates closes its sixth real estate fund, raising Rs 2,000 crore to focus on mid-income residential development, meeting rising demand from urban homebuyers

ArisInfra Solutions bags Rs 350 crore contract from Transcon Group

The said contract is expected to be completed around a period of 45-50 months

From lock-ins to rent hikes: Rental clauses that can trip up tenants

From lock-in periods to vague maintenance terms, here's what legal experts say tenants must watch for in rental agreements to protect their money and peace of mind

Mumbai's ₹10 Cr+ homes set new record at ₹14750 cr, Worli, Bandra lead

Upcoming launches that could further stimulate demand include The West Park by DLF (Andheri West), Prestige Nautilus (Worli), Rustomjee Crescent (Bandra West), and Sunteck Nepean Sea (Nepean Sea Road)

Mumbai ultra-luxury home sales jumps 20% in H1 to record ₹14,751 cr: Report

Sales of ultra-luxury homes, each costing Rs 10 crore and above, in Mumbai rose 20 per cent in January-June this year to a record Rs 14,751 crore on strong demand, according to a report. Property consultant India Sotheby's International Realty (ISIR) and data analytics firm CRE Matrix on Tuesday released a report on Mumbai luxury housing market (both primary and secondary). As per the data, the sales of luxury homes (Rs 10 crore and above) in Mumbai in value terms, increased 20 per cent to Rs 14,751 crore in the first six months of this year, from Rs 12,285 crore in the corresponding period of the preceding year. In terms of volume, sales of ultra-luxury homes rose 11 per cent to 692 units in January-June period this year, from 622 units in the year-ago period. "Mumbai's luxury real estate market is at a pivotal moment. Record sales in H1 2025 signal sustained appetite for ultra-premium homes, especially in established micro-markets like Worli, Prabhadevi, Tardeo, Malabar Hill, and

Oberoi Realty shares dip 3% after weak Q1; should you buy, sell or hold?

Oberoi Realty's profit after tax (AT) figure also took a hit during the first quarter of FY26 to ₹421 crore, as against ₹584.5 crore in Q1FY25

Subhash Ghai inks ₹2.24 Cr lease deal for office in Mumbai's Andheri West

Subhash Ghai, along with Crest Ventures and Mukta Arts, has leased a 7,500 sq. ft. commercial property in Andheri West, Mumbai, for a starting monthly rent of ₹3.38 lakh, escalating to ₹4.11 lakh

Brigade Group acquires 20.19 acre land in Bengaluru for ₹588 crore

Brigade Group has acquired a 20.19-acre land parcel in Bengaluru for ₹588.33 crore, planning a ₹5,200 crore mixed-use development in the Whitefield-Hoskote corridor

Oberoi Realty Q1 result: Profit drops 28% to ₹421 crore on lower income

Oberoi Realty Ltd on Monday reported a 28 per cent decline in its consolidated net profit to Rs 421.25 crore for the quarter ended in June on lower income. Its net profit stood at Rs 584.51 crore in the year-ago period. Total income fell to Rs 1,073.98 crore in the first quarter of this fiscal from Rs 1,441.95 crore in the corresponding period of the preceding year. The board also declared an interim dividend for FY25-26 at the rate of Rs 2 per equity share, which is 20 per cent of the face value of equity shares of Rs 10 each. On the operational front, the company has sold properties worth Rs 1,639 crore in the April-June quarter of 2025-26 fiscal. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.

7,000 sq ft penthouse in Delhi NCR's Indirapuram sells for Rs 10 crore

Ashish Gupta, a Ghaziabad-based garment exporter has purchased the penthouse.

Property sales by NRIs: Experts explain tax rules & life without indexation

New tax rules mean steeper bills and bigger TDS for NRIs selling property. Experts break down what's changed and how to plan smarter.

Signature Global to launch ₹6,000 Cr homes in Gurugram's ₹2-4 crore range

The company sold 778 homes in April-June 2025 against 968 units a year ago.

DDA Premium Housing Scheme 2025: 250 flats, garages on offer in Delhi

The flats will be available under multiple categories - High-Income Group (HIG), Middle-Income Group (MIG), and Lower-Income Group (LIG) - catering to a wide range of buyers

PropShare Titania SM Reit IPO opens today: here's all you need to know

PropShare Titania IPO comprises a fresh issue of ₹473 crore and no offer for sale component. Check price band, key dates, lot size, objective and more