Page 38 - Real Estate

India to become fourth-largest office-space market globally: Knight Frank

This area is set to double to 2 billion sq ft during 2036-2041. The market offers a unique cost advantage, with average rents declining to $0.96/sq ft a month in 2025

DLF Q1 FY26 results: PAT up 18% on record sales of over ₹11,425 crore

Revenue nearly doubles to Rs 2,716 crore in Q1 FY26, as DLF meets strong demand for luxury homes and continues expansion in Mumbai, Goa, and Gurugram

Delhi NCR-based Nimbus Group to invest ₹1,100 cr in stalled luxury project

Nimbus Group will invest Rs 1,100 crore to revive the stalled Arista Luxe Phase II project in Noida, aiming for completion by 2029 and offering luxury apartments priced between Rs 4-6 crore

DLF aims to cross ₹10,000 cr rental income from commercial assets: Chairman

India's biggest realty firm DLF has set an "ambitious" target to cross annual rental income of Rs 10,000 crore in medium term from the company's commercial properties, its Chairman Rajiv Singh said on Monday. At present, the DLF Group has an annuity portfolio (primarily office complexes and shopping malls) of around 46 million sq ft with an annual rental income of over Rs 6,000 crore. Addressing shareholders at DLF's 60th Annual General Meeting (AGM), Singh said the company during 2024-25 fiscal delivered a strong performance, achieving robust growth across both housing development and rental (of commercial properties) businesses. He said the company's annuity portfolio, encompassing offices, retail and hospitality, continues to exhibit steady growth. The chairman informed that new buildings in 'Downtown Gurugram' and Chennai project are completed. Additionally, three new retail properties are set to open in the near future, further strengthening its portfolio. "We remain equally

Green-certified office spaces surge 65% in top 7 cities since 2019: Report

Green-certified office spaces have surged 65% across Bengaluru, Mumbai, Delhi-NCR, and other top cities. Bengaluru leads with 73% of its office space now certified for sustainability

Retail real estate sees higher leasing in H1 2025, driven by stable demand

Retail leasing in India rose 21% in H1 2025 compared to the previous year. Experts predict significant new supplies in Delhi NCR, Mumbai, and Hyderabad in H2 2025.

Godrej Properties shares gain post Q1 results; should you bet?

Godrej Properties shares rose 2 per cent after the company reported a 15.4 per cent Y-o-Y growth in net profit in Q1FY26

Gurugram circle rate hike likely to price out low, mid-income buyers

Gurugram's second circle rate hike in eight months raises acquisition costs and stamp duties, with developers warning of pressure on mid-income housing demand

JAL insolvency: Jaiprakash Infratech to challenge bid rejection in court

Jaiprakash Infratech plans legal challenge after lenders reject its bid for Jaiprakash Associates citing EMD issues, threatening delay in the ₹57,000 crore resolution process

Lodha Developers plans to buy at least one NCR land parcel in FY25

Looking to enter the Delhi-NCR housing market, Lodha Developers Ltd MD and CEO Abhishek Lodha said the company expects to acquire at least one land parcel this fiscal in this important region for development of its first residential property. At present, Lodha Developers has a significant presence in the Mumbai Metropolitan Region, Pune and Bengaluru housing markets. According to the transcript of management's discussions with analysts, Abhishek Lodha said the company would undertake a few housing projects in the pilot phase to understand the market better and also gradually build a team for the effective execution of projects. "The Delhi NCR is an important market for us to get into. We obviously, as we have done in Pune and Bengaluru, will only enter in a gradual manner. We will be starting off with a pilot phase with a moderate number of projects and a moderate level of investment with a view to understand better how the market operates and how we build out the supply chain for .

Registration of Mumbai properties up 4% at 88,639 units in Jan-Jul: Report

Mumbai real estate market continues to see strong demand, as registration of properties rose by 4 per cent to 88,639 units during the January-July period, according to Knight Frank. As many as 84,866 units were registered in Mumbai's municipal region during the first seven months of the last calendar year. The data relates to transactions in both primary and secondary property markets. The government's revenue from these registrations rose by 13 per cent year-on-year to Rs 7,854 crores, real estate consultant Knight Frank India said, citing data from the Maharashtra government. On both metrics, the consultant said that Mumbai recorded the strongest performance since 2013 for the January-July period. Shishir Baijal, Chairman & Managing Director, Knight Frank India, said, "Mumbai's residential market continues to show steady buyer confidence." In July, the registration of properties increased 2 per cent to 12,579 units as against 12,373 units in the same month last year. Commenting

PNB Housing Finance stock plummets 18% on MD & CEO Girish Kousgi exit

Shares of PNB Housing Finance saw a sharp decline after the resignation of MD & CEO Girish Kousgi, effective October 2025, sparking market concerns and uncertainty

Lucknow property prices surge up to 25% as revised circle rates kick in

Property prices in Lucknow will see an increase of up to 25 per cent from Friday with the implementation of revised circle rates -- the minimum cost of a property to determine the stamp duty charges. Under the latest rate revision that has come after 10 years, circle rates have been increased in the range of 15-25 per cent, depending on the area and the type of the property. Circle rates in Lucknow were last revised in 2015, Assistant Inspector General of Stamps Ramesh Chand said. "The price of agricultural land has increased by 15 per cent, while the prices of land meant for housing (non-agriculture) have seen a rise of 20 per cent to 25 per cent," Chand told PTI. He further said the rates have been revised as per the potential of the particular area. As far as the quantum of percentage increase is concerned in this year's revision, it is almost the same as that of 2015, Chand said. The rates have been revised on three parameters. The first category is non-agriculture land locat

Godrej Properties Q1 profit grows 15% to ₹600 cr amid higher collections

Godrej Properties reports a 15% YoY increase in Q1 FY26 profit to Rs 600 crore, driven by strong collections and an 18% rise in EBITDA, despite a decline in revenue from operations

Experion to invest $300 mn in VLIV, expands women-only co-living spaces

Experion unveils VLIV, its first women-only co-living space, and announces a $300 million investment to build a nationwide service-led rental housing ecosystem in India

Rental rates surge 30% in India, Rs 10,000-20,000 homes top demand in 2025

If you're a tenant, expect higher rents in metros, particularly for compact homes. If you're an investor, cities like Ahmedabad, Navi Mumbai, and Hyderabad offer solid rental yields.

DLF, Godrej, Prestige lead: Biggest realtors in India ranked by area built

The 2025 GROHE-Hurun India Real Estate 150 ranks the country's top real estate developers by total square footage built. At the top is DLF with a staggering 349 million sq. ft.,

Godrej Properties enters Vadodara with 34-acre residential land acquisition

Marking its second Gujarat acquisition in a year, Godrej to develop premium plotted units with 9 lakh sq ft saleable area in Vadodara

Embassy REIT posts Rs 155 cr Q1 profit, appoints Amit Shetty as new CEO

India's largest REIT raised Rs 4,225 crore in Q1 to fund growth; posts 2 million sq ft in leasing and declares Rs 550 crore in distribution

Mumbai property registrations slip 0.1% in July; luxury sales buoy revenue

Despite a marginal YoY dip in registrations, Mumbai's property market remained resilient in July 2025 with rising revenue and demand for high-value transactions