Page 36 - Real Estate

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

Net leasing in office real estate set to hit all-time high by FY26: Crisil

The southern micro-markets, which comprise about half of the office stock, are likely to maintain stable vacancy levels despite strong upcoming supplies, because of continued demand from GCCs.

DLF to invest Rs 900 cr in Mumbai housing proj, eyes Rs 2,300 cr revenue

India's largest realty firm DLF Ltd has re-entered the Mumbai market and will invest around Rs 900 crore to develop a luxury housing project at Andheri (West), a senior company official said. In July 2023, DLF had announced its re-entry in the Mumbai market with plans to develop a luxury housing project in Mumbai in partnership with NCR-based builder Trident group. "We have launched a luxury housing project 'Westpark' in Mumbai comprising 416 apartments," DLF Home Developers Joint Managing Director Aakash Ohri told PTI. He said the company has launched this 5.18-acre project in a price range of Rs 42,000 per sq ft to Rs 47,000 per sq ft. It is selling flats in a range of Rs 4 crore to Rs 7.5 crore. Asked about the investment, Ohri said, "It will be around Rs 800-900 crore". The total sales realisation will be around Rs 2,300 crore, he added. Ohri said the initial demand has been very encouraging from customers. "We plan to sell around 200 units," he said, adding that the company

Tier II boost: Godrej buys 50 acres in Raipur for premium plotted project

The development on this land will primarily comprise premium plotted residential units and will offer an estimated saleable area of 9.5 lakh square feet.

₹6,500 cr realty shake-up: Commercial deals soar 2X, residential slumps

Indian real estate sector witnessed deals worth $2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton https://assets.grammarly.com/emoji/vBhara

Office demand in Navi Mumbai rises 40% in 2024, to grow further: CRE Matrix

Demand for premium office spaces in Navi Mumbai rose 40 per cent in 2024 to 5.8 million square feet, and the leasing activities are expected to increase further on affordable rent, according to CRE Matrix. Real estate data analytics firm CRE Matrix Co-founder and CEO Abhishek Kiran Gupta noted, "Navi Mumbai is one of the most affordable office markets across major 7-8 cities, with a weighted average rental of around Rs 65 per square feet." He said the demand has been rising in the key office micro-markets of the Mumbai Metropolitan Region (MMR). In the first six months of this calendar year, he said the gross leasing of office space in Navi Mumbai exceeded by nearly 0.8 million (8 lakh) square feet. "There is a huge demand for Grade A office space in Navi Mumbai from global and domestic corporates," he said. The demand will further rise because of the infrastructure development in this part of MMR, including the new airport, Gupta observed. Tata Realty & Infrastructure Ltd, K .

PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July

PropShare Titania IPO to offer 9% projected yield from grade A+ asset in Thane; Sebi's new SM Reit category targets retail investors via ₹10 lakh unit lots

Real estate deals drop 8% in Jan-Jun to $2.5 billion: Grant Thornton Bharat

Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at USD 2.5 billion, compared to 40 deals worth USD 2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. "While overall deal values moderated, institutional capital continues to

Housing sales drop 20% in Q2 despite value gains, premium demand holds firm

Home sales across major cities in India declined in Q2 2025, but value rises 1% to ₹1.47 trillion amid a sharp shift toward high-end and luxury housing, says Anarock's residential market report

Tier 2 cities outpace metros in residential plot launches: PropEquity

Seven of the top 10 cities for residential plot launches were tier 2 locations, led by Indore, Nagpur and Surat, as investor interest shifts away from apartments

₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity

Housing plots worth Rs 2.44 lakh crore have been launched in past three and half years because of higher demand post-Covid pandemic, according to PropEquity. Real estate data analytic firm PropEquity data showed that nearly 4.7 lakh residential plots have been launched by developers between January 2022 and May 2025 across 10 tier-I and tier-II cities. These cities are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat. "The estimated launch value of the residential plots in 10 tier I-II cities between 2022 and 2025 (May) is approximately Rs 2.44 lakh crore," PropEquity Founder and CEO Samir Jasuja said in a statement on Tuesday. The demand for residential plots has risen in the past few years as this asset class is more liquid with potential of higher appreciation than apartments, he added. Jasuja said many prospective customers prefer plots as they desire to customise their living space. As per the data, the supply of residential plots i

Plot over flat? ₹2.4 lakh cr worth of land launched in 3 yrs, Tier II leads

The top 10 cities with the most supply between 2022 and 2025 (May) are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat.

Senior living rents touch ₹1 lakh, retirement homes valued at $8.4 billion

Notably, 34% of upcoming projects are in Tier 2 cities like Coimbatore, Vadodara, and Goa-emerging as the next senior living hubs.

Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent

Suraj Estate launches residential project worth Rs 120 cr in Mumbai

Suraj Estate Developers has launched a luxury residential project with potential gross development value of Rs 120 crore in the financial capital of the country, according to an exchange filing. "Strategically located in Prabhadevi one of Mumbai's most sought-after residential neighborhoods the project has an estimated gross development value of Rs 120 crore, the filing stated. The new residential project addresses the growing demand for premium yet compact homes in a locality where new supply in such configurations remains limited, the Mumbai-based developer said. Designed as a 21-storey residential tower, Suraj Aureva offers 1, 2, and 3 BHK apartments at prices starting at Rs 2.47 crore, it added. The company plans to launch a mix of residential and commercial developments with the combined GDV of Rs 2,000 crore, contribution from pre-projects such as Park View 1, Lobo Villa in Mahim, JRU project in Byculla, and Shivaji Park project, in 2025-26.

Delhi-NCR luxury home sales soar 209% in H1 2025, all flats above ₹6 cr

etween January and June 2025, the region witnessed the sale of 3,960 luxury homes priced at ₹6 crore and above - a whopping 209% increase compared to 1,280 units sold in the same period last year

DLF sets sights on strong residential, commercial pipeline in medium term

DLF plans to achieve ambitious targets with a strong launch pipeline, aiming for ₹20,000-22,000 crore in sales in FY26, driven by robust demand in both residential and commercial sectors

DLF achieved record sales collections in FY25; uptick in bookings: Chairman

DLF Limited reported record sales collections in FY25 and noted a significant increase in new sales bookings. The company is focused on expanding its residential, commercial, and retail segments