Page 38 - Real Estate

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

Puravankara shares jump 7% on ₹2,100 crore redevelopment project

Puravankara shares 7 per cent after it bagged projects to redevelop eight societies in Mumbai, with a GDV of ₹2,100 crore

Construction tech adoption lags in Indian real estate amid cost hurdles

Despite availability of BIM, modular, and 3D technologies, Indian construction firms remain hesitant due to cost, labour economics, and limited developer scale

18 debt issuances, ₹1 trillion+, the fastest half-year sprint yet

Reits, Invits tapped debt every 10 days in record run

Realty firm Signature Global purchases two land parcels in Gurugram

Realty firm Signature Global has acquired two land parcels in Gurugram totalling 10 acres to build housing projects. Signature Global's subsidiary firm has executed two sale deeds to purchase the lands admeasuring approximately 9.96 acres situated at Tehsil Sohna, District Gurugram, Haryana. These lands have an overall potential sales area of approximately 0.53 million (5.3 lakh) square feet, according to a recent regulatory filing. Last month, Signature Global chairman Pradeep Kumar Aggarwal said the company would invest around Rs 1,200-1,500 crore to acquire land parcels as part of its expansion plan. Signature Global had invested Rs 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana. "Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels this fiscal," he had said. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms

Sattva Group to invest ₹800 cr in Goa property market to expand business

Realty firm Sattva Group will invest about Rs 800 crore over the next two years in Goa property market as it sees huge business opportunities in this coastal city, a top company official said. Bengaluru-based Sattva Group, which is one of the leading real estate firms in South India, entered Goa market few years back. It has already developed the first phase of its maiden housing project 'Sattva Water's Edge' and recently launched the second phase comprising villas and apartments. Sattva Group is planning two more projects in Goa, including a gated community where it will offer residential plots. "We will invest around Rs 800 crore over the next two years in Goa," Sattva Group Managing Director Bijay Agarwal told PTI. Sattva Group is expanding its presence in Goa property market to tap rising demand because of its improved infrastructure and better connectivity with other cities of India. Bullish on the potential of Goa market, Agarwal noted that there is a huge demand for first

Commercial realty climbs growth ladder, residential one step down

Office, warehousing, industrial segments drive real estate leasing momentum in first half

Luxury penthouses back in vogue on uber-rich Indians' growing appetite

Space, privacy, prestige selling points for buyers