Page 36 - Real Estate

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

Keystone Realtors buys 3 Mumbai land parcels to build homes worth ₹7,700 cr

Keystone Realtors Ltd has bagged three redevelopment projects in Mumbai during the latest June quarter with a revenue potential of more than Rs 7,700 crore and is looking to acquire more land parcels for growth of its residential real estate business, a top company official said. In an interview with PTI, the company's CMD Boman Irani highlighted that the company performed exceedingly well in the first quarter of this fiscal on key metrics like sales bookings, launches and new business development (acquisition of land parcels to build projects). Mumbai-based Keystone Realtors achieved the highest-ever quarterly pre-sales of Rs 1,068 crore in April-June period of 2025-26 fiscal, a rise of 75 per cent from the same quarter last year. On business development, he said, "We added 3 projects in the first quarter having an estimated GDV (gross development value) of Rs 7,727 crore," Irani said, adding that the company has already surpassed the target of adding projects worth Rs 6,000 crore

Prestige Estates acquires 102 acres in Q1, to build homes worth ₹20,400 cr

Realty firm Prestige Estates Projects Ltd has acquired 102 acres of land in the April-June quarter to build housing projects, with a potential to generate revenue of more than Rs 20,000 crore. Looking to expand its residential real estate business, Bengaluru-based Prestige Estates Projects has been acquiring land parcels outright and also partnering with landowners. According to its latest investor presentation, the company acquired a total of 102 acres of land in Bengaluru, Hyderabad, Chennai and Mumbai in the first quarter of this fiscal year. These land parcels will be used to develop residential projects, which would have an estimated gross development value (GDV) of Rs 20,400 crore. According to the presentation, Prestige Estates in Hyderabad acquired two plots -- 28 acres in Tellapur and 37 acres in Pulimamidi. In Bengaluru, the company has acquired three land parcels -- 10 acres in Poojanahalli - Devanahalli, 7 acres in Kothanuru, KR Puram and 10 acres in Ittangur, ...

Related-party transactions below pre-pandemic levels, shows data

An RPT is a deal between connected entities. This can involve buying or selling of goods or raw materials among group companies

Puravankara posts ₹68.55 crore net loss in Q1FY26, revenue down 20%

Lower handovers and sales due to regulatory changes drag Puravankara into the red in Q1FY26 as revenue declines 20.3 per cent and net loss widens to Rs 68.55 crore