Page 35 - Real Estate

Subhash Ghai inks ₹2.24 Cr lease deal for office in Mumbai's Andheri West

Subhash Ghai, along with Crest Ventures and Mukta Arts, has leased a 7,500 sq. ft. commercial property in Andheri West, Mumbai, for a starting monthly rent of ₹3.38 lakh, escalating to ₹4.11 lakh

Brigade Group acquires 20.19 acre land in Bengaluru for ₹588 crore

Brigade Group has acquired a 20.19-acre land parcel in Bengaluru for ₹588.33 crore, planning a ₹5,200 crore mixed-use development in the Whitefield-Hoskote corridor

Oberoi Realty Q1 result: Profit drops 28% to ₹421 crore on lower income

Oberoi Realty Ltd on Monday reported a 28 per cent decline in its consolidated net profit to Rs 421.25 crore for the quarter ended in June on lower income. Its net profit stood at Rs 584.51 crore in the year-ago period. Total income fell to Rs 1,073.98 crore in the first quarter of this fiscal from Rs 1,441.95 crore in the corresponding period of the preceding year. The board also declared an interim dividend for FY25-26 at the rate of Rs 2 per equity share, which is 20 per cent of the face value of equity shares of Rs 10 each. On the operational front, the company has sold properties worth Rs 1,639 crore in the April-June quarter of 2025-26 fiscal. Mumbai-based Oberoi Realty is one of the leading real estate developers in the country.

7,000 sq ft penthouse in Delhi NCR's Indirapuram sells for Rs 10 crore

Ashish Gupta, a Ghaziabad-based garment exporter has purchased the penthouse.

Property sales by NRIs: Experts explain tax rules & life without indexation

New tax rules mean steeper bills and bigger TDS for NRIs selling property. Experts break down what's changed and how to plan smarter.

Signature Global to launch ₹6,000 Cr homes in Gurugram's ₹2-4 crore range

The company sold 778 homes in April-June 2025 against 968 units a year ago.

DDA Premium Housing Scheme 2025: 250 flats, garages on offer in Delhi

The flats will be available under multiple categories - High-Income Group (HIG), Middle-Income Group (MIG), and Lower-Income Group (LIG) - catering to a wide range of buyers

PropShare Titania SM Reit IPO opens today: here's all you need to know

PropShare Titania IPO comprises a fresh issue of ₹473 crore and no offer for sale component. Check price band, key dates, lot size, objective and more

Best of BS Opinion: Why Sebi needs to do more on derivatives trading

Today's opinion page discusses the recent clampdown on Jane Street, government transparency, India's milk market, and the future of Mumbai's real estate because of climate change

Lower home loan EMIs spark increased buyer interest amid repo rate cuts

House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25)

Kalpataru registers 41% growth in pre-sales to ₹4,531 crore in FY25

Kalpataru has recently launched its initial public offering (IPO) that ended with 2.26 times subscription

Signature Global to launch homes worth ₹6k cr in Gurugram: Chairman

Realty firm Signature Global plans to launch homes worth Rs 6,000 crore for sale in Gurugram in the current quarter to cater to the demand from end-users and investors. Signature Global was the fifth-largest listed real estate firm in 2024-25, in terms of sales bookings, falling behind Godrej Properties, DLF, Lodha Group and Prestige Estates Projects Ltd. The company had clocked record pre-sales of Rs 10,290 crore last fiscal. In an interview with PTI, Signature Global Chairman Pradeep Kumar Aggarwal said the company launched one housing project in Gurugram during the June quarter with total revenue potential of around Rs 3,500 crore. "We are planning to launch 3.5-4 million square feet in the current quarter. The total sales potential would be around Rs 6,000 crore," he said. Aggarwal said the demand continues to be strong, especially for good brands. "The maximum demand is in the Rs 2-4 crore category," he observed. Recently, on the sidelines of a real estate conference, Aggar

Meghalaya govt sets up real estate regulatory authority under 'Rera Act'

The Meghalaya government has notified the Real Estate Regulatory Authority to regulate the state's emerging real estate sector and ensure transparency, accountability, and consumer protection, officials said on Saturday. The Authority is being established under the Real Estate (Regulation and Development) Act, 2016. Officials said the authority aims to promote fair practices, protect homebuyers' interests, resolve disputes efficiently, and boost investor confidence by streamlining project approvals and enforcing compliance. RERA Meghalaya oversees the registration of real estate projects, promoters, and agents, and ensures adherence to the provisions of the Act and rules framed thereunder. It also includes an adjudication mechanism for timely dispute resolution and regulatory oversight. The Authority functions as an independent statutory body with a full-time chairman and two members. RERA Meghalaya has urged all developers, promoters, and real estate agents operating in the stat

IndiQube Spaces eyes nearly ₹5,000 crore market capitalisation amid IPO

IndiQube Spaces targets a Rs 5,000 crore market cap with its Rs 700 crore IPO, priced at Rs 225-237 per share, focusing on expansion, debt repayment, and value-added services.

Zara founder's global deal spree shields his $104 billion from tax

The Inditex SA founder's family office, Pontegadea, snapped up a five-star Paris hotel, a Florida apartment block and a building on Barcelona's iconic Diagonal Avenue as part of transactions

Ashwin Sheth Group buys 4.05-acre Goregaon West land for Rs 255 crore

Developer acquires 4.05-acre plot in Goregaon West from Mhada for Rs 255 crore, to build five residential towers with 12 lakh sq ft Rera carpet area and retail

Godrej Properties buys 48-acre parcel in North Bengaluru's Doddaballapur

The land near STRR offers 1.1 million sq ft development potential as Godrej boosts presence in Bengaluru after key deals in Raipur, Indore, and Pune this year

DLF re-enters Mumbai market with ₹800 crore premium housing project

DLF returns to Mumbai after over a decade, launching The Westpark in partnership with Trident Realty, with a four-tower phase expected to generate Rs 2,300 crore

Office Reits outperform BSE Realty Index amid 'heightened demand'

During the 12 months up to June 2025, all three office Reit stocks delivered more than 15 per cent capital appreciation

Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore

Sunteck Realty posts Rs 33.43 crore profit in Q1 FY26, up 47 per cent YoY, aided by lower expenses and strong pre-sales despite a 40 per cent revenue decline