Page 32 - Real Estate

Manoj Vishwakarma's Vision: DOTOM MV GROUP's Impact on Mumbai's Skyline

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HoABL, Mittal Builders to co-develop ₹2,000-cr township in Naigaon

The 3-million sq ft township in MMR will offer 4,600 homes and high-street retail, with infrastructure boosts like Metro Line 13 and the Delhi-Mumbai Expressway to aid growth

Puravankara partners landowner to build ₹1K cr housing project in Bengaluru

Realty firm Puravankara Group on Thursday said it has partnered with a landowner to develop a housing project worth around Rs 1,000 crore at Balagere, in East Bengaluru. In a regulatory filing, the company informed that it has signed a joint development agreement (JDA) for a 5.5-acre land parcel in East Bengaluru, with an "estimated gross development value (GDV) of over Rs 1,000 crore." The land parcel offers a total combined saleable area of 0.83 million square feet. Puravankara did not mention the name of the landowner with whom it has signed the JDA and also did not disclose the revenue or profit sharing structure. The project, located in Balagere, is expected to be launched in the next 6-9 months. Ashish Puravankara, Managing Director of Puravankara, said, "This joint development underscores our sustained growth strategy and reaffirms our confidence in East Bengaluru, one of the city's most dynamic and promising micro-markets." Mallanna Sasalu, CEO - South, Puravankara Ltd, s

South Delhi plots up for grabs? DDA to auction prime land in Vasant Kunj

Final pricing will hinge on the base price set by DDA; market performance may vary depending on that benchmark and appetite among high-net-worth individuals preferring standalone homes over apartments

Puravankara inks ₹1,000-cr JDA for housing project in East Bengaluru

The 5.5-acre joint development in Balagere will offer 0.83 mn sq ft for sale and is part of Puravankara's strategy to grow in high-demand Bengaluru micro-markets

Realty firms may post pre-sales growth in Q1FY26 despite demand moderation

Meanwhile, overall housing sales across the top seven Indian cities declined by 20 per cent YoY due to inexorably rising property prices and geopolitical tensions

Sattva Group to invest ₹1,500 crore in 30-acre mixed-use project in Vizag

Bengaluru-based realty firm Sattva Group will invest Rs 1,500 crore to develop a 30-acre mixed-use project in Vizag, Andhra Pradesh as part of its expansion plan. Sattva Group, which is one of the leading real estate firms in South India, decided to develop this project following a detailed discussion on Tuesday with Nara Lokesh, Minister for Information Technology, Electronics and Communications, in the Andhra Pradesh government. In a statement on Wednesday, Sattva Group said it will develop a 30-acre mixed-use project, 'Sattva Vantage Vizag Campus'. "With a planned investment of Rs 1,500 crore, the project will feature a blend of Grade A office spaces, premium residential developments, and integrated urban infrastructure, all designed to global standards of sustainability and smart living," it said. Sattva Group said it intends to contribute to Andhra Pradesh's growth story, and the campus, once operational, is expected to generate over 25,000 direct employment opportunities. It

Prestige Estates Q1 pre-sales surges on robust demand for Ghaziabad project

Realty firm Prestige Estates Projects Ltd on Wednesday reported a 4-fold jump in its sales bookings to Rs 12,126.4 crore in the first quarter of this fiscal, mainly on strong demand for its housing project in Ghaziabad. The company's sales bookings or pre-sales stood at Rs 3,029.5 crore in the year-ago period. In a regulatory filing, the company informed that it has "kicked off FY26 with its strongest quarterly performance to date, clocking an all-time high of Rs 12,126.4 crore in sales in the quarter ended June 30, 2025 (Q1 FY26), marking a 300 per cent growth over the same period last year". The company sold 4,718 units, translating to a sales volume of 9.55 million square feet, up 234 per cent year-on-year. The average price realisation stood at Rs 13,339 per square feet for apartments while plotted developments fetched Rs 7,343 per square feet. Irfan Razack, Chairman and Managing Director of Prestige Group, said the April-June quarter has been a milestone quarter for Prestige,

Godrej Properties to Adani Realty: Biggest land deals of 2025 decoded

India's real estate sees a surge in high-value land deals in H1 2025, led by manufacturing, logistics, and digital infra buys, with JDAs and plotted developments gaining strong momentum.

Realty market saw land deals worth ₹31,000 cr in H1 2025: Anarock

Highest-ever land deal figure comes on the back of increased interest in diversified asset classes

Buying a home in 2025? These cities offer more choice and negotiating power

Since the start of the year, almost every area of the country has seen an increase in available property listings. Leading the way is NCR.

KVN Properties, Assetz Group join hands for ₹1,000 crore Bengaluru project

KVN Properties has signed a Development Management Agreement with Assetz Group to develop a premium residential project spanning 1 million square feet in North Bengaluru, with a GDV of ₹1,000 crore

India's land rush: 2,900 acres transacted in H1 2025-More than all of 2024

The total land area sold-2,898 acres-in H1 2025 is 1.15 times the total land transacted in all of 2024 (2,515 acres across 133 deals), signalling sustained developer confidence

Lodha Developers buys 5 land parcels to build homes worth Rs 22,700 cr

Realty firm Lodha Developers has acquired five land parcels in the Mumbai region, Pune and Bengaluru during the June quarter to develop housing projects with a total revenue potential of Rs 22,700 crore. In a regulatory filing on Monday, Lodha Developers said, "In April-June quarter of 2025-26, we added five new projects across the Mumbai Metropolitan Region, Pune and Bengaluru with GDV (gross development value) of Rs 22700 crore." The company did not mention whether these land parcels were acquired outright or whether it entered into a partnership with landowners. Lodha Developers, erstwhile Macrotech Developers, acquired 10 land parcels during the last fiscal year to develop housing projects with a total sales value of Rs 23,700 crore, as it seeks to expand business amid strong demand. Lodha Developers said it has achieved more than 90 per cent of its target to add Rs 25,000 crore worth of projects this fiscal. The company reported a 10 per cent growth in its sales bookings to

Sobha Q1 pre-sales rises 11% to ₹2,079 cr on better demand for homes

Realty firm Sobha Ltd has reported an 11 per cent increase in sales bookings to a record Rs 2,078.8 crore in the first quarter of this fiscal year as housing demand continues to be strong. Its sales bookings or pre-sales stood at Rs 1,873.7 crore in the year-ago period. The Bengaluru-based company sold 14.44 lakh sq ft area in April-June period of this fiscal year as against 11.75 lakh sq ft, according to a regulatory filing on Monday. During the June quarter, Sobha completed 1.07 million sq ft of saleable area and delivered 594 homes across projects. Sobha said the company has achieved its "highest-ever quarterly real estate sales value of Rs 20.79 billion, crossing the Rs 2,000 crore milestone for the first time." The company attributed various factors for robust demand, including urban migration, record commercial space absorption, stronger consumer and investor confidence, declining interest rates, and growing home ownership aspirations. Sobha launched two housing projects dur

Lodha Developers reports 10% growth in Q1 FY26 pre-sales to ₹4,450 crore

Lodha Developers reports a 10% YoY growth in Q1 FY26 pre-sales to Rs 4,450 crore, confident of meeting its FY26 pre-sales target of Rs 21,000 crore despite geopolitical challenges

US, Japan, HK drive foreign investment into India's real estate market

India's real estate sector saw a 42 per cent Y-o-Y fall in institutional investment in Q2 2025, even as foreign inflows surged 242 per cent sequentially

USA, Japan, Hong Kong pump $1.06 bn into Indian realty in Q2: Top deals

In Q2 2025, India's real estate sector attracted institutional investments totaling $1.80 bn, marking a 42% year-on-year decline from record highs but showing 122% growth compared to previous quarter

Puravankara to redevelop 8 Mumbai societies with ₹2,100 cr GDV potential

Puravankara to begin redevelopment of eight Chembur societies in Mumbai, unlocking 1.2 mn sq ft across 4 acres and reaffirming its western region real estate strategy

Keystone Realtors Q1 sales bookings up 75% at ₹1,068 cr on housing demand

Keystone Realtors Ltd on Monday said it has sold a record Rs 1,068 crore worth of properties in the first quarter of this fiscal, an annual increase of 75 per cent, on high demand. Mumbai-based Keystone Realtors sells properties under the 'Rustomjee' brand. In a regulatory filing on Monday, the company informed that it has clocked pre-sales of Rs 1,068 crore in the first quarter of 2025-26 as compared to Rs 611 crore in the corresponding period of the preceding year. Keystone Realtors said it is the "best ever Q1 pre-sales of the company." The collection of funds from customers rose 19 per cent to Rs 575 crore from Rs 485 crore. Keystone Realtors launched three projects in the first quarter, having a saleable area of 0.91 million sq ft and an estimated GDV (gross development value) of Rs 4,000 crore. Under new business development, the company bagged three housing societies redevelopment projects during the latest June quarter. This will help the company to generate revenue of Rs