Page 3 - Real Estate

Mounting costs turn the heat on India Inc amid West Asia conflict

Firms diversify sourcing, redraw playbook, increase prices to tide over crisis

Puravankara eyes ₹2,000 crore investment in FY27, bullish on demand

Puravankara plans to invest up to Rs 2,000 crore in FY27 as it expands launches across southern India and Mumbai amid stable housing demand

Kalpataru signs cluster redevelopment project with ₹1,250 cr GDV in MMR

The cluster redevelopment project in Kandivali East spans 2.8 acres and comprises five adjacent societies with residential and high-street retail development

Yield engine keeps firing: 5 REITs pay ₹2,566-cr in Q4; FY26 tops ₹8,900-cr

For FY26, aggregate distributions from the sector rose to over ₹8,900 crore, marking a year-on-year growth of more than 50 per cent, the data showed

Five listed REITs distribute over ₹8,900 crore to unitholders in FY26

India's five listed real estate investment trusts (REITs) have distributed more than Rs 8,900 crore to unitholders during the last fiscal year amid strong demand for rent-yielding commercial assets. REITs are investment vehicles that own or operate income-generating real estate, enabling investors to earn a share of the income produced without directly purchasing the properties. As per the rules, REITs distribute income to unitholders in various forms, including dividend. In 2025-26 fiscal year, there were only five listed REITs -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Sattva Group backed Knowledge Realty Trust, K Raheja Group-sponsored Mindspace Business Parks REIT, and Nexus Select Trust. The sixth REIT Bagmane Prime Office REIT got listed on stock exchanges earlier this month. In a statement on Monday, Indian REITs Association (IRA) said, "The five publicly listed REITs in India collectively distributed over Rs 2,566 crore to more than 4.25 lakh unithold

Kirloskar Group sharpens real estate focus with broader asset class plans

Kirloskar Industries Group, through Avante Spaces, plans to expand across office, mixed-use and residential projects as conglomerates deepen their real estate presence

Knowledge Realty Trust to invest ₹700 cr to build office space in Bengaluru

Realty firm Knowledge Realty Trust (KRT) will invest Rs 700 crore over the next three years to develop 1.4 lakh sq ft of office space in Bengaluru as part of its expansion plan, a top company official said. KRT is a real estate investment trust (REIT), sponsored by realtor Sattva Group and investment firm Blackstone. In an interview with PTI, KRT Chief Executive Officer (CEO) Shirish Godbole said the company is looking for the acquisition of prime office assets to grow business organically. He highlighted that the company performed well during the last fiscal, and it is expecting to continue the growth momentum during 2026-27 on all important metrics such as Net Operating Income (NOI) and distribution to unitholders. Godbole noted that the demand for office space remains strong, primarily driven by foreign companies that want to set up Global Capability Centres (GCCs). He asserted that the company's portfolio is AI (artificial intelligence) resilient, with bulk of its workspaces .

One more REIT now available, but are they the right instrument for you?

Interest rate cycle affects the attractiveness of REITs; a longer horizon is essential to overcome its impact

India's top listed real-estate developers ended FY26 on stable footing

Leading listed real estate developers outperform broader housing market slowdown in FY26, aided by premium housing demand, disciplined launches and strong execution

Blackstone-backed Kolte-Patil Developers incurs loss of ₹15.8 cr in Q4 FY26

Blackstone-backed Kolte-Patil Developers reports Q4 FY26 loss as lower revenue recognition offsets strong collections and steady housing sales

Prestige Estates Q4 result: Net profit jumps 10-fold to ₹250 crore

Prestige Estates Projects Ltd has posted a 10-fold jump in consolidated net profit to Rs 250.1 crore for the quarter ended March 31, 2026. Its net profit stood at Rs 25 crore in the year-ago period, driven by higher income. Total income also more than doubled to Rs 4,143.5 crore during the January-March period of 2025-26 fiscal from Rs 1,589.3 crore in the corresponding period of the preceding year, according to a regulatory filing on Thursday. During the 2025-26 fiscal year, the company's net profit jumped over two times to Rs 1,195.5 crore from Rs 467.5 crore in the preceding year. Total income rose to Rs 13,195.5 crore last fiscal from Rs 7,735.5 crore during 2024-25. Bengaluru-based Prestige Estates Projects Ltd is one of the leading real estate developers in the country.

India beats APAC peers with highest real estate yields in region: CBRE

India's real estate market is emerging as a preferred investment destination in Asia-Pacific, backed by strong occupier demand, higher yields and rising institutional capital flows

India's clean energy expansion to boost real estate demand: Colliers India

India's renewable energy expansion could drive $10-15 billion in land investments by 2030, boosting demand for warehousing, industrial parks and worker housing

Realty companies turn to artificial intelligence to build faster, cheaper

AI helping developers reduce waste, compress timelines, lift profitability

Tata Realty & Infra, Salesforce tie up for AI-led customer experience

Tata Realty has partnered with Salesforce to deploy AI-powered customer engagement tools aimed at improving responsiveness and lead conversion rates

Puravankara Q4FY26 result: Net profit at ₹110 crore, revenue doubles

Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 109.95 crore in the March quarter on better income. The company had posted a net loss of Rs 88 crore in the year-ago period. Total income more than doubled to Rs 1,540.99 crore during the January-March period of 2025-26 from Rs 563.70 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the 2025-26, Puravankara Ltd net profit stood at Rs 56.75 crore as against a net loss of 182.92 crore in the preceding year. Total income increased to Rs 3,846.42 crore last fiscal from Rs 2,093.13 crore in the preceding year. As of March 31, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company's total land bank is 40 million sq ft and ongoing projects add up to 36.69 million sq ft.

Signature Global to invest ₹3,500 cr on land buying, construction: Chairman

Realty firm Signature Global will invest around Rs 3,500 crore this fiscal year on land acquisition in Gurugram region and construction activities as it maintains positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal said. In an interview with PTI, he noted that the Gurugram housing market did face "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, after registering a sharp rally in sales as well as prices during 2022-2024 calendar years. However, Aggarwal strongly believes that the Gurugram housing market would return to normalcy this fiscal year. On the growth plans and targets for 2026-27 fiscal year, he said the company has set a target to achieve 21 per cent growth in sales bookings this fiscal year to Rs 10,000 crore on strong launch pipeline and residual inventories in the under-construction real estate projects. "We will be investing around Rs 2,000 crore on construction activities this ..

Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month

Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation

Nabard acquires leasehold rights to BKC commercial campus for ₹350 crore

Nabard has acquired leasehold rights to a two-building commercial campus in Mumbai's Bandra-Kurla Complex from MTNL under a deal valued at Rs 350.72 crore

Signature Global eyes launches worth ₹15,000 cr in FY27: Pradeep Aggarwal

Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27