Page 3 - Real Estate

Consumer protection: Flat buyers' rights must not be scuttled by financiers

Seldom do courts take cognizance of Section 9 of the Maharashtra Ownership Flats Act, which says that if a mortgage is created, it shall not affect the buyer's rights

Lohia Worldspace eyes Delhi market entry, expansion in Moradabad in FY27

Lohia Worldspace plans Delhi entry with a Kirti Nagar high-rise and expands in Moradabad, targeting multiple projects and investments in FY27

Adani Enterprises arm sets up three hotels, real estate airport city units

Adani Enterprises Ltd (AEL) said its step-down unit has incorporated three wholly-owned subsidiaries focused on hotel and real estate development as part of its airport city expansion strategy. Adani Airport City Ltd, a step-down wholly-owned subsidiary of the company, has set up Adani Navi Mumbai Airport City Ltd, Adani Guwahati Airport City Ltd and Adani Ahmedabad Airport City Ltd. The new entities will undertake real estate activities including construction, along with hotels featuring integrated restaurants, banquets and business centres, according to a regulatory filing by the company. The newly incorporated entities "shall be engaged in the business of real estate activities with own or leased property, construction of buildings carried out on own - account basis or on a fee or contract basis - hotels with integrated restaurants, banquets and business centres," it said. It however did not elaborate if the plan included construction of hotels within the vicinity of airports it

Adani to invest ₹1 trillion in Mumbai's Motilal Nagar redevelopment project

Project in Goregaon West to include major rehab component and free-sale area, with Mhada overseeing development under the cluster redevelopment model

NBCC sells 14 lakh sq ft commercial space in South Delhi for ₹5,779 cr

State-owned NBCC Ltd, on behalf of the government, has sold 14 lakh sq ft commercial space in South Delhi for Rs 5,779 crore. In a regulatory filing on Friday, NBCC informed that it has "successfully sold commercial built-up space of approx 14 lakh square feet area at Bharat Business Park, Sarojini Nagar, New Delhi, through an e-auction at a total sale value of approx. Rs 5,779 crore." NBCC will get a marketing fee of one per cent of the sale value. NBCC has been developing and selling commercial space in South Delhi on behalf of the government. The funds are used for the redevelopment of residential colonies. Later in a statement, NBCC Ltd said that the e-auction had offered super built-up area of 23.44 lakh sq ft across 8 towers. The auction saw an overwhelming response from international/domestic MNCs, corporates and institutional buyers. "The auction resulted in a total sale value of approximately Rs 5,779 crore, based on highest bid rates for super built-up area of approximat

KG Builders targets five-fold revenue rise to ₹1,700 crore by 2030

Chennai-based developer lines up Rs 3,600 crore GDV projects across segments, banking on GCC-driven commercial demand and rising property values to fuel growth over the next four years

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Mumbai's skyline soaring, but housing supply struggles to keep pace

These days prices for some apartments in Worli are on par with parts of New York, and developers are building luxury amenities to make analysts and traders feel at home

Senior living projects: Assess developer track record in service delivery

As senior living projects expand rapidly, experts advise buyers to assess developers' track record, service quality, costs and long-term sustainability before investing

Signature Global to invest ₹2,890 crore in Tonino Lamborghini project

Signature Global has partnered Tonino Lamborghini to develop a branded residences project in Gurugram, with a planned investment of Rs 2,890 crore and expected GDV of Rs 4,000 crore

Strait of Hormuz crisis poses threat to India's luxury housing market

Developers stare at delayed imports of key materials, higher costs of imports and potential delay in construction timelines

Stock rerating for Godrej Properties hinges on sustaining sales momentum

The stock gained 1.6 per cent on Friday after reporting its fourth quarter (Q4) numbers but slipped on Monday

Birla Estates receives bookings of ₹650 crore at Bengaluru project

Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli

Lodha Developers expects ₹2 trillion revenue from monetisation of land bank

Realty firm Lodha Developers Ltd's existing land bank has the potential to generate about Rs 2 lakh crore revenue in the coming years, and the company will now invest less on further land acquisition, improving free cash flow. In the last few years, Lodha Developers has been aggressively acquiring land, both through outright purchases and joint ventures with land owners. In its latest operational update, Lodha Developers informed that the company acquired 12 land parcels during the last 2025-26 fiscal across Mumbai Metropolitan Region (MMR), Bengaluru and Delhi-NCR. These 12 land parcels will be used to develop projects, mainly housing, with an estimated revenue potential or gross development value (GDV) of Rs 60,000 crore. During the 2024-25 fiscal year, the company acquired 10 land parcels, having a revenue potential of Rs 23,700 crore. "As of 1st April 2026, the company has a GDV amounting to Rs 2 trillion available for sale (excluding land bank in townships which will not be us

China's Evergrande Group founder pleads guilty to fraud in downfall

Evergrande Group's founder Hui Ka Yan had been accused of a litany of crimes including illegally absorbing public deposits and fundraising fraud

RIICO's land policies attract investors to Rajasthan, draw strong demand

The Direct Allotment Scheme-2025 was launched in January 2025 and is applicable until December 2026

High streets outpace malls as 7 cities log 4.3 mn sq ft leasing: Report

India's retail real estate market is shifting towards experience-led formats, with high streets outperforming malls in H2 2025 as leasing demand stays strong across top seven cities

RMZ Group's $35 billion plan in India: Data, AI, offices, and homes

RMZ Group plans $35 billion investment across data centres, AI infrastructure and real estate, while exploring IPO to fund long-term growth

Time for change: If nominees can sell shares, why not real estate?

If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate

Hawelia Group gets nod to complete stalled housing project in Greater Noida

Realty firm Hawelia Group on Sunday said it will invest Rs 770 crore to complete a 22-acre stalled housing project in Greater Noida, with the company getting nod from the Uttar Pradesh Real Estate Regulatory Authority. Hawelia Group's takeover of this stalled project will benefit more than 2000 homebuyers whose investments have been stuck for many years. Delhi-NCR-based Hawelia Group had, in 2023, entered into an understanding with the existing promoter of the stalled project of SJP Infracon's 'Shri Radha Sky Gardens' for completion of this project. The company had approached the Uttar Pradesh government, seeking approval to become a co-promoter in this stuck project. In a statement, Hawelia Group said it has received approval from UP-RERA to complete this project. "Hawelia Group will invest Rs 770 crore to complete this project and aims to complete all 2,064 residential units within the stipulated timeline," the company said. The project is expected to be completed in 42 to 48 .