Page 30 - Real Estate

Branded homes in high demand; IHCL, Marriott tie up with developers

Hospitality majors like IHCL, Marriott, and others are partnering with developers to tap the growing demand for branded residences, as luxury homebuyers drive the trend across metro and tier-II cities

Enzyme Offices looks to double revenue this fiscal, plans ₹50 cr investment

Flexible and managed workspace provider Enzyme Offices looks to double its revenue in the current fiscal to around Rs 150 crore and targets an annual recurring revenue (ARR) of Rs 200 crore by 2026-27, a top company official said on Tuesday. The company aims to double its revenue in the current financial year from the current Rs 75 crore, driven by strong demand from both global capability centres (GCCs) and leading Indian startups, Ashish Agarwal, Founder & CEO of Enzyme Offices said. "Enzyme Offices looks to achieve Rs 200 crore ARR by FY27, supported by a planned Rs 50 crore investment in expanding operations, enhancing infrastructure, and strengthening technology capabilities," Agarwal said. ARR refers to the recurring revenue of a business's contract, normalised for a year. Agarwal said that the company has witnessed remarkable journeys companies starting with just 20-30 seats and scaling to over 600 seats within Enzyme. Vyapar, Teachmint, Dukaan, Avin Systems, and Stellar ..

Rs 5000/sq ft: Mumbai, Delhi NCR, Bangalore most expensive for construction

Tariffs may delay projects relying on imports, especially luxury and commercial; further price hikes could worsen affordability in affordable and mid-segments

Rentals on rise: Robust office space demand set to benefit landowners

Recent office demand has been driven by global capability centres (GCCs), flex space operators, and domestic businesses

REITs promise stable income, but investors must brace for volatility

REITs invest mostly in offices and malls and are regulated by the Securities and Exchange Board of India (Sebi)

Delhi-NCR real estate to gain from UER-II and Dwarka Expressway launch

Real estate developers and consultants say UER-II and the Dwarka Expressway will improve connectivity, ease congestion, and drive housing and commercial growth in Delhi NCR

Table Space leases 5 lakh sq. ft office space in Gurugram for ₹3.5 cr/month

Table Space Technologies Pvt. Ltd., one of India's leading flexible workspace solution providers, has leased 5,34,532 sq. ft. of Grade-A office space in Intellion Park, Sector 59, Gurugram

Zostel charts global expansion, in talks to bring in strategic investors

Along with a rejig of segments it operates in, the firm is eyeing ₹1,500 crore gross revenue in FY26

Realty, hospitality firms upbeat on GST Diwali bonanza and tax relief

Real estate and hospitality companies hope that GST reforms, including lower taxes and simplified compliance, will boost demand, support tourism, and aid in the growth of the economy

NCR's Sohna Road sees property prices jump 74% in 3 years, rent up 50%

Capital values at Sohna Road have jumped 74% in just over three years, while average monthly rents for a standard 2BHK have surged 50% to ₹37,500.

Brigade Group Q1 profit surges 95% to ₹158 cr on strong residential sales

Robust residential demand and strong launch pipeline drive Bengaluru developer's stellar first-quarter performance

Indian Reits distribute Rs 1,559 cr in Q1 FY26, post 13% Y-o-Y growth

Brookfield, Embassy, Mindspace and Nexus Reits paid over 270,000 unitholders in Q1 FY26, with cumulative payouts crossing Rs 24,300 crore since inception

Kalpataru posts Rs 49 crore loss in Q1 FY26 despite strong pre-sales

The realty firm saw an 83% rise in pre-sales and 101% surge in sale realisation, but revenue declined due to project completion-based accounting

Karnataka Assembly passes bills to simplify real estate use for MSMEs

The Karnataka assembly on Wednesday passed nine bills, including Karnataka Land Reforms and Certain Other Law (Amendment) Bill. Revenue Minister Krishna Byre Gowda, who piloted the Karnataka Land Reforms and Certain Other Law (Amendment) Bill for the consideration of the House said, "There will be auto-conversion." It permits the use of up to two acres of agricultural land for new micro, small, and medium enterprises (MSMEs) without the need for a formal conversion process. The bill also proposes doing away with conversion of agricultural lands if they are used for renewable energy projects. It proposes a penalty of Rs 1 lakh for selling any agricultural land for nonagricultural purposes, without getting such land converted or without obtaining prior approval of the competent authority. It has therefore removed a three-year imprisonment clause, because so far, this violation carried an imprisonment for three years and fine of Rs 10,000. The Assembly also passed the Registration .

14 realty hotspots see prices jump 139%, rents 81%, Noida Sector-150 tops

Across 14 key micro markets, capital values rose 24%-139% and rentals climbed 32%-81% between 2021-end and Q2 2025.

Home prices surge 7.7% annually: India beats US, UK, Australia, ranks 15th

Knight Frank's latest Global House Price Index (Q1 2025) has placed India among the top-performing residential markets worldwide, with annual house price growth of 7.7% in nominal terms

Evergrande delisting over $45 billion debt deepens China property crisis

The delisting comes as liquidators sifting through the books revealed that the developer's debt load now stands at about HK$350 billion ($45 billion), much bigger than previously disclosed

Shapoorji Pallonji may sell Tata Sons stake to repay ₹8,810 crore debt

Shapoorji Pallonji may use funds from a possible Tata Sons stake sale to repay ₹8,810 crore debt, while also pushing ahead with new premium real estate developments

Eaton Tech leases 1.5 lakh sq. ft. office in Pune for ₹1.65 cr monthly rent

Eaton Technologies Pvt Ltd, the India arm of US-based Eaton Corporation, has signed a 10-year lease for 1.5 lakh sq. ft. at Aditya Shagun Infinity IT Park in Baner, Pune, at a starting monthly rent of

Lodha Developers to raise ₹5,000 crore through NCDs for expansion

Lodha Developers' board approves raising Rs 5,000 crore via NCDs to diversify debt, reduce funding costs and support expansion across Mumbai, Pune and Bengaluru