Page 3 - Real Estate

REITs stay resilient amid West Asia crisis, set for strong growth: CareEdge

Over 150 million sq ft of office space is expected to become REIT-eligible by 2031, potentially increasing the sector's asset value from nearly $33 billion to over $50 billion

Bagmane Prime Office Reit aims to nearly double portfolio in 7-8 years

Bagmane Prime Office Reit plans to nearly double its portfolio in seven to eight years, backed by a 47.2-msf sponsor pipeline and strong GCC-led office demand.

Kolte-Patil Developers appoints Hrishikesh Parandekar as new CEO

Parandekar joins from Alpha Alternatives and will spearhead the developer's next phase of growth, business expansion, operational excellence and institutional strengthening

India's real estate resilient amid W Asia crisis, demand healthy: CareEdge

Capital inflows stood at $3.5-4 billion in H1 2026, while healthy premium housing demand, GCC-led office leasing and stronger developer balance sheets supported the sector

Realty, PE players commit ₹13K cr for senior living homes as demand rises

Real estate developers and investors have committed investments of more than Rs 13,000 crore since January last year to build senior living homes, according to Colliers. These investments will materialise during the next 3-4 years. Real estate consultant Colliers India mentioned that the senior living segment is likely to see significant supply addition of close to 75,000 units over the next few years supported by strong capital commitments from leading real estate developers, senior living operators and investors alike. "Over Rs 13,000 crore of investments have been announced since 2025 and are likely to be deployed towards development of senior living projects over the next 3-4 years," it said. The senior living segment is witnessing rising traction in strategic partnerships with healthcare service providers. Select institutional investors are increasingly forming joint venture platforms with real estate developers to build homes for senior citizens. "India's senior living marke

Dubai counters conflict headwinds as commercial transactions value rises

Office, retail sectors lead charge; experts say moderate Q2 performance may not affect Dubai's growth prospects

Bengaluru sets the pace for prime office rental growth in Q2 CY26

Bengaluru recorded 10.7 per cent year-on-year rental growth, followed by Delhi-NCR at 7.6 per cent and Mumbai at 4 per cent, as occupier demand remained healthy

Six listed Indian Reits distribute ₹3,136 crore to unitholders in Q1

The six listed Reits manage more than 214 million sq ft of Grade A office and retail space, with gross assets under management of over Rs 3.17 trillion in Q1 FY27

Real estate sales soften on fewer launches and high base in Q1FY27

Analysts, however, said the quarter's performance did not point to a structural weakening in housing demand, with customer response remaining healthy for projects launched during the quarter

Lodha Developers plans 21 housing project launches worth ₹24,000 crore

Realty firm Lodha Developers Ltd plans to launch 21 housing projects by March next year with an estimated revenue potential of Rs 24,000 crore, as it looks to expand business amid strong demand. During the first quarter of this fiscal year, Lodha Developers launched only one housing project in Mumbai Metropolitan Region (MMR) comprising 4 lakh sq ft area and revenue potential of Rs 330 crore. According to its latest investors presentation, Lodha Developers has a strong launch pipeline for the remaining three quarters of this fiscal year. It will launch seven new housing projects across MMR, Delhi-NCR, Pune, and Bengaluru with a total area of 5.9 million sq ft and a total revenue potential of Rs 9,850 crore. The company will also launch new phases in 14 existing projects totalling 9.7 million sq ft area, with a total revenue potential of Rs 14,210 crore, the presentation said. These launches will help the company in meeting the Rs 24,000-crore sales bookings target for the current

Unitech buyers worried over vacant CMD post, lack of funds for projects

Distressed homebuyers of crisis-hit Unitech Ltd have expressed concern over a lack of funds to complete stalled projects and demanded that the unsold assets of the realty firm should be auctioned to expedite construction works. Five associations, representing thousands of property buyers of Unitech Ltd, also sought that a new Chairman and Managing Director (CMD) should be appointed soon to run the company as the post is vacant from nearly one month. In 2020, Unitech's board was superseded by the central government on the Supreme Court's direction. The Ministry of Corporate Affairs proposed the constitution of a new board, which was approved by the apex court on January 20, 2020. Unitech Ltd is facing a huge cash crunch, resulting in significant delays (over 15 years) in the deliveries of its housing and commercial projects, primarily in Delhi-NCR. Around 15,000 customers are stuck in various projects of the company. As many as five associations have issued statements urging the ...

Brigade Enterprises sales bookings dip 5% to ₹1,061 crore in Apr-Jun

Realty firm Brigade Enterprises Ltd's sales bookings fell 5 per cent to Rs 1,061 crore during the first quarter of this fiscal on lower volumes. Its sales bookings or pre-sales stood at Rs 1,118 crore in the year-ago period. In its latest investor presentation, the company said it achieved pre-sales of Rs 1,061 crore with a volume of 0.74 million sq ft in the April-June quarter of the 2026-27 fiscal. The sales volumes dropped 22 per cent from 0.94 million sq ft in the first quarter of the last financial year. However, the average sales realisation stood at Rs 14,256 per sq ft during the June quarter, a growth of 21 per cent over the year-ago period. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country. Recently, the company reported a 37 per cent increase in its consolidated net profit to Rs 216.94 crore for the quarter ended June. Its net profit stood at Rs 157.95 crore in the year-ago period. Total income fell to Rs 1,179.22 crore in

Puravankara posts ₹29 crore profit in Q1FY27 as revenue jumps nearly 62%

Puravankara's revenue from operations rose 61.84 per cent Y-o-Y to Rs 848.72 crore, while its Ebitda margin expanded to 25 per cent from 15 per cent a year ago

NCR developers seek project timeline relief from UP, Delhi, Haryana Reras

Credai NCR has urged regulators to implement the Centre's advisory granting a four-month extension to eligible projects amid West Asia-linked supply chain disruptions

Delhi Master Plan draft may reshape property values via FAR, TOD changes

Developers say proposed changes in FAR, redevelopment and transit-oriented development could unlock additional capacity and make infrastructure access a key valuation driver.

Shriram Properties Q1FY27 results: Net profit down 46% to ₹11 crore

Realty firm Shriram Properties has reported a 46 per cent decline in consolidated net profit to Rs 11.04 crore for the quarter ended June 30, mainly on higher expenses. The company's net profit stood at Rs 20.59 crore in the year-ago period. Total income, however, rose marginally to Rs 271.04 crore in the first quarter of this fiscal from Rs 261.54 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. The company's operational expenses and tax outgo increased during the April-June quarter while it also posted a loss in joint venture projects. On operational performance, Shriram Properties posted a 10 per cent increase in sales bookings to Rs 484 crore during the first quarter of this fiscal. "We have commenced FY27 on a strong note, with robust operational performance and encouraging customer response to our new launches across Chennai and Kolkata," Murali M, Chairman and Managing Director of Shriram Properties, said. With a healt

Top 11 developers target ₹1.8 trillion in pre-sales for FY27: Report

Anarock expects combined bookings to rise 22.3 per cent year-on-year, supported by steady demand, new launches and higher average selling prices

Haryana Rera grants four-month project extension amid West Asia crisis

The regulator granted registered projects four additional months after the Centre classified the West Asia conflict as a force majeure event disrupting construction supply chains.

Buying property? Check rental yield to avoid overpaying, assess fair value

Besides a high current yield, it is also crucial to assess whether it will sustain

Tribeca, Ira Realty to invest ₹2,000 cr to build Trump Towers in Hyderabad

Tribeca Developers and Ira Realty on Tuesday said they will develop a Trump-branded luxury housing project here with a total investment of about Rs 2,000 crore. The Trump Towers project, located at Golden Mile Road in Kokapet, comprises two 65-storey buildings with 450 apartments, including 16 penthouses. The total developable area will be 22 lakh sq ft. Mumbai-based Tribeca Developer is the official representative of the Trump brand in India. This is the eighth Trump-branded project in India and the first in South India. Out of the eight Trump-branded projects announced in India so far, four are completed in Pune, Mumbai, Kolkata and Gurugram. Kalpesh Mehta, founder of Tribeca Developers, said the company brought the Trump brand to India in 2014. "Since then we have launched projects in Mumbai, Pune, Gurugram, Noida and Kolkata, but we have not yet penetrated South India, and that changes today. Hyderabad has been on our radar for a very long time." Asked about investment, Meht