Page 39 - Real Estate

House of Hiranandani to invest ₹500 cr for premium office tower in Andheri

The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction

How the Trump Organization expanded its real estate presence in India

Since its entry, the privately held, family-run business of US President Donald Trump has collaborated with leading Indian developers to launch several high-end Trump-branded projects

Sunteck Realty's Q2 profit jumps 41% amid improved operating efficiency

The company's EBITDA for the quarter stood at ₹78 crore, up 108 per cent Y-o-Y. Meanwhile, the EBITDA margin grew to 31 per cent, up 873 basis points

Real estate developer Kalpataru's Q2FY26 pre-sales grow 19% to ₹1,329 cr

For the first half of the financial year 2025-26 (H1FY26), the company recorded a 43 per cent Y-o-Y increase in its pre-sales. The pre-sales stood at ₹2,577 crore compared with ₹1,799 crore in H1FY25

Kalpataru Q2 sales bookings rise 19% to ₹1,329 cr on strong housing demand

Realty firm Kalpataru Ltd on Thursday reported a 19 per cent increase in its sales bookings to Rs 1,329 crore during the second quarter of this fiscal on better housing demand. Its sales bookings or pre-sales stood at Rs 1,117 crore in the year-ago period. In a regulatory filing, Kalpataru Ltd informed that its sales bookings rose 43 per cent to Rs 2,577 crore during the first six months of this fiscal from Rs 1,799 crore in the corresponding period of the preceding year. Mumbai-based Kalpataru Ltd is one of the leading real estate developers in the country.

M3M to invest ₹2,100 cr to build ultra-luxury homes under Jacob & Co brand

Realty firm M3M India on Thursday said it will invest Rs 2,100 crore to develop Jacob & Co-branded ultra-luxury homes in Noida as part of its expansion plan. In a statement, the company announced the launch of 'Jacob & Co. Residences, Noida'. Jacob & Co. is a globally renowned luxury brand, celebrated for its high-jewellery timepieces and extraordinary craftsmanship. This will be the first housing project in India under the Jacob & Co. brand. Jacob Arabo, Founder & Chairman of Jacob & Co, was present for the launch. Gurugram-based M3M Group, which is developing two Trump-branded ultra luxury housing projects, will invest Rs 2,100 crore to develop this 6-acre project. The company is expecting a total revenue of Rs 3,500 crore from this upcoming project to be delivered in the next three years. The company will sell luxury premium residences in a price range of Rs 14-25 crore. M3M Group will develop 150 residences in the first phase and about 100 ultra-luxury ...

Sonu Sood and son Eshaan invest over Rs 3.6 crore in Mumbai-Panvel realty

Land in Panvel and an Andheri West apartment show the family's growing real estate footprint in Mumbai's high-demand zones.

Festive surge: MahaRERA approves 405 realty projects across Maharashtra

MahaRERA approved 405 new real estate projects during Dussehra - its highest-ever single-day festive clearances - with a total of 809 approvals, extensions and corrections across Maharashtra

Mumbai's Bandra Bay to unlock ₹1 trillion in luxury real estate potential

A report projects 8 million sq ft of luxury waterfront development worth ₹1 trillion near BKC, with leading developers including Adani Realty and Hiranandani on board

Godrej Properties buys 26-acre Bengaluru plot, eyes ₹1,100 cr in revenue

In South Bengaluru, Godrej Properties already has its footprint through projects such as Godrej Park Retreat and Godrej Lakeside Orchards

ED restores ₹175 cr worth assets to homebuyers; SC praises initiative

The Enforcement Directorate (ED) has restored flats, commercial units and plots worth Rs 175 crore to more than 200 homebuyers who had been waiting to get possession of their dream home for over 12 years, the agency said. The unsold inventory of 354 flats, 17 commercial units and two plots belong to a project named Royal Rajvilas (RRV) in Rajasthan's Udaipur. The project's present market value is about Rs 175 crore, the ED said in a statement issued on Tuesday. The case pertains to a money laundering investigation against an accused named Bharat Bomb, apart from some others, who are alleged to have cheated the Syndicate Bank (now Canara Bank) to the tune of Rs 1267.79 crore between 2011 and 2016. The ED had attached properties worth Rs 535 crore in this case in April, 2019 including assets of Rs 83.51 crore in the form of unsold/unregistered inventory of a company named Udaipur Entertainment World Private Limited (UEWPL). Multiple cases were filed against this attachment order and

Buyer confidence rebounds in India's housing market: Magicbricks report

The rebound reflects improved homebuyer confidence despite high property prices and lending rates

Prestige Group eyes ₹2,000 cr revenue from new housing project in Mumbai

Prestige Estates Projects Ltd targets about Rs 2,000 crore revenue from its new residential project in Mumbai. In a regulatory filing on Tuesday, the company said it has launched a new residential project - 'Prestige Garden Trails' located at Dahisar-Mira Road corridor on the Western Express Highway in Mumbai. Spanning across 5.2 acres, the project offers a total carpet area of about 10 lakh sq ft, comprising 1,324 units, with a Gross Development Value (GDV) of about Rs 2,000 crore. Irfan Razack, Chairman and Managing Director of Prestige Group, said: "Mumbai continues to be one of our key focus markets." The upcoming project reflects the company's confidence in the strong demand for quality mid-segment housing in the Mumbai Metropolitan Region (MMR). Recently, Prestige Estates launched 620 flats for sale in Ghaziabad with an estimated revenue of Rs 2,200 crore, as part of its strategy to expand business amid strong demand for premium residential properties. Founded in 1986, Pres

Compact flat, builder floor, value deals: India's housing mood turns upbeat

Builder floors surpass plots as top property choice; compact 500-1,000 sq. ft. homes most preferred

Results preview: Developers could buck housing slowdown in Q2 FY26

Robust presales, ongoing project deliveries give buoyant backdrop

Neil Nitin Mukesh, his father buy ₹11.4 cr flat in Mumbai's World One Tower

According to property registration documents from the Inspector General of Registration (IGR), reviewed by Square Yards, the apartment is located in World One by Lodha Group.

Mumbai leads home sales in Q3, sees 11% rise in office rents: Knight Frank

Knight Frank India says Mumbai recorded top residential sales in Q3 2025, while office rents rose 11 per cent even as transaction volumes fell sharply year-on-year

Prestige Estates Projects launches 620 homes worth ₹2,200 cr in Ghaziabad

Earlier in April, the realty firm entered the Delhi-NCR market with the 62.5-acre The Prestige City, Indirapuram

Lodha Developers buys 1 land parcel in Q2 to build homes worth ₹2,300 cr

Realty firm Lodha Developers Ltd has acquired one land parcel in the Mumbai Metropolitan Region (MMR) in the July-September quarter to develop a housing project worth Rs 2,300 crore as it looks to expand its business. With the acquisition of this land parcel, Lodha Developers has achieved the current fiscal target of acquiring multiple land parcels, which have the potential to generate revenue worth Rs 25,000 crore. In its latest operational update for the second quarter of 2025-26, Lodha Developers said, "In Q2 of FY26, we added one project with GDV (gross development value) of Rs 2,300 crore in MMR". It did not mention whether the land acquisition was an outright purchase or a joint development agreement with the landowner. In business development, Lodha Developers said, "We have achieved our full year guidance of Rs 25,000 crore in H1 itself and have a robust pipeline". In the first quarter of this fiscal, the company acquired five land parcels in the Mumbai region, Pune and ..

Mahindra Lifespace buys 13.46-acre Pune land for ₹3,500 cr housing project

Realty firm Mahindra Lifespace Developers Ltd has acquired a 13.46-acre land in Pune to develop a housing project worth Rs 3,500 crore. In a regulatory filing late Friday, the company informed that it has acquired the land "in the premier neighbourhood of Nande-Mahalunge in Pune." Mahindra Lifespace, a part of Mahindra Group, did not disclose the name of the seller and also the deal value. The land is estimated to yield a development potential of about Rs 3,500 crore, it said. On Friday, the company also announced that it will redevelop four housing societies at Malad (West) in Mumbai. The company is expecting a revenue of Rs 800 crore from the sale of free area in these four societies. "Spread across about 1.65 acre, the project offers a development potential of Rs 800 crore," it said. Mahindra Lifespace's development footprint spans 49.26 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities. It has over 5,000