Page 37 - Real Estate

Mhada invites tenders for cluster redevelopment of Kamathipura, Mumbai

Project covers 943 buildings and 8,000 tenants across 34 acres, with 44,000 sq m to be returned to Mhada and 5.67 lakh sq m of development rights for the builder

Sumadhura Group buys 5-acre plot in East Bengaluru for ₹500 cr project

Bengaluru-based Sumadhura Group acquires a 5-acre parcel on Soukya Road, planning a residential development expected to generate ₹500 crore in revenue

Homes under Rs 50 lakh vanish as Tier 2 housing supply shrinks 35% in Q1

Bhubaneshwar witnessed the highest decline (72%) while Nashik saw the lowest decline (2%).

High temperatures take toll on realty, project timelines, impact workers

Realty & construction cos taking tactical measures: Heatwave training, on-site housing, new tech and more

Indian realty companies building up over Rs 15,000 crore IPO pipeline

Robust housing sales growth after the pandemic has prompted leading developers to unleash relevant inventory across markets, experts said

CCI clears Blackstone's 40% stake acquisition in Kolte-Patil Developers

This acquisition will be completed via share subscription and purchase, alongside an open offer that may raise Blackstone's stake beyond 40%

Wealth Company launches Bharat Bhoomi Fund with ₹1,000 cr green shoe

The Rs 1,000 crore Bharat Bhoomi Fund will invest in infra-aligned sectors and real estate opportunities across India's high-growth urban and connectivity corridors

Real wage growth likely to taper to 6.5% in FY26: India Ratings

India Ratings expects wage growth to moderate next year as inflation remains stable and monsoon conditions hold, with a slight slowdown in private consumption growth

Bengaluru sees 78% housing price jump in 5 years, Mumbai becomes costliest

Bengaluru leads the pack with a remarkable 79% increase in real estate prices over the last five years, showcasing its continued attractiveness as a residential hub.

Godrej scion Tanya Dubash's firm buys ₹226 cr duplex in Worli's Naman Xana

he duplex unit in Naman Xana boasts a substantial carpet area of 9,214 sq. ft and a balcony of 1,227 sq. ft, culminating in a total built-up area of 11,485 sq. ft.

Prestige Group aims 59% growth in FY26 sales bookings at Rs 27,000 crore

Prestige Estates Projects Ltd has set a target to sell properties worth Rs 27,000 crore this fiscal year, an increase of 59 per cent from the previous year, as it remains bullish on housing demand. Bengaluru-based Prestige Estates Projects' sales bookings declined 19 per cent annually to Rs 17,023 crore in the 2024-25 fiscal year on delays in regulatory approvals to launch its projects. The company had given a sales bookings guidance of Rs 24,000 crore for the last fiscal year, but it missed the target by a huge margin. In a conference call with analysts, Prestige Estates Chairman Irfan Razack said the company has set a conservative pre-sales target of Rs 27,000 crore for the current fiscal year. "So the strategy is I would rather under-promise and over-deliver," Razack told analysts, as per the call transcript uploaded on the stock exchanges. "...see, now what has happened is we had kept a target of Rs 24,000 crore for FY25, which of course, we fell short of. But I think this fi

Builders from other regions tap into Mumbai's redevelopment market

Mumbai's policy-level incentives for redevelopment and less capital-intensive nature of the business amid a lack of open land parcels, are attracting developers

Hiranandani Communities launches ₹1,100 cr residential project in Panvel

The project, named The Arena, is premium residential development located within Hiranandani Fortune City, Panvel. Spanning over 10 acres, it will comprise eight towers and more than 1,700 residences

Godrej's Tanya Dubash-promoted firm buys apartment in Mumbai for 226 cr

Private real estate firm Shaula Real Estates, where the daughter of Godrej Industries Chairman Adi Godrej is a director, has purchased a duplex apartment in a luxury housing project at Worli in Mumbai for nearly Rs 226 crore. Tanya Arvind Dubash, the eldest daughter of industrialist Adi Godrej, and Clement George Pinto are directors in Shaula Real Estates Pvt Ltd, according to sources. The company has been incorporated on March 26, 2025, in Mumbai. In a statement on Monday, real estate consultant Square Yards said, "Shaula Real Estates has purchased a duplex apartment in the Naman Xana project located in Worli, Mumbai, for Rs 225.76 crore". Square Yards said it has seen property registration documents. The transaction was registered in May 2025. Godrej Industries did not comment on the transaction. The purchased property is part of Naman Xana, an under-construction luxury residential project. As per RERA, the project is spread over 0.64 acres and is scheduled for completion by ..

Global firms target over 100 mn sq ft workspace: Knight Frank survey

Knight Frank's (Y)OUR SPACE report finds companies are not abandoning offices but seeking better, flexible, ESG-compliant spaces despite global uncertainties

Investments in renewables, roads & realty to hit ₹17.5 tn in 2 yrs: Crisil

Renewables to benefit from hybrid capacity push, roads from monetisation, and real estate from premiumisation and demand from global capability centres

Gap between built up area & carpet area rises in apartment to 40%: Anarock

The difference between super-built-up area and carpet area in apartments has risen over the years with builders increasing average loading percentage to 40 per cent across major cities to provide common amenities, according to Anarock. The average loading percentage was 31 per cent in 2019, and the same has risen to 40 per cent in the January-March quarter of this year, which means flat owners are getting less livable space. In its report, real estate consultant Anarock said that in residential apartments, the average loading factor is the difference between the super-built-up area and carpet area. If the super built-up area is 1,300 square feet and the carpet area 1,000 sq ft, then the loading percentage is 30 per cent. Prashant Thakur, Regional Director & Head - Research & Advisory at ANAROCK Group, said, "While RERA now requires developers to mention the total carpet area provided to homebuyers, no law currently limits the loading factor in projects." "Q1 (January-March) ...

New apartment buyers beware: Only 60% of what you pay for is usable area

Higher amenity loading new norm due to bigger lifestyle asks from homebuyers

Covid surge, summer migration may hit project timelines in short term

Developers taking to technology, re-skilling of labour force to address labour shortage issues

Non-Mumbai builders tap into financial capital via redevelopment projects

Mumbai's redevelopment market is big enough to accomodate more players like Bengaluru-based Sobha and Ahmedabad-based Arvind Smartspaces are evaluating opportunities