The steady migration of affluent households from other parts of Delhi towards South Delhi, driven by its superior social infrastructure, iconic value and lifestyle offering, has boosted demand
Shriram Properties Ltd has bought a 4-acre land in Bengaluru to develop a housing project with an expected revenue of about Rs 600 crore. In a regulatory filing on Monday, the company informed that it has acquired a land parcel of about 4 acre on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. It would develop a premium high-rise residential project on the land parcel. "The proposed development will comprise approximately 5 lakh sq ft of saleable area, with an estimated Gross Development Value (GDV) of Rs 550-600 crore," it said. GDV means the sales value of the 5 lakh sq ft saleable area. The project is expected to be launched during the latter part of 2026. Shriram Properties Ltd is one of the leading real estate developers in the country. It has a presence in Bengaluru, Chennai, Pune and West Bengal. The company has delivered 50 projects with a saleable area of 30.8 million square feet and it has a strong development pipeline comprising 42
Keystone Realtors Ltd will redevelop 8 housing societies in Mumbai and is expecting a revenue of Rs 1,775 crore from free sale area of around 5 lakh square feet in the upcoming project. Mumbai-based Keystone Realtors sells properties under 'Rustomjee' brand. In a regulatory filing on Monday, the company informed that it has been appointed as the developer for a large society redevelopment project of Om Nagar Co-operative Housing Society Federation Limited. The project involves the redevelopment of eight housing societies on a total land parcel of 20,569.90 square metres at Andheri (East), Mumbai. "The proposed redevelopment will result in the rehousing of 637 existing members across all societies and is expected to unlock a significant free sale potential of about 5 lakh sq ft of RERA carpet area, with an estimated Gross Development Value (GDV) of Rs 1,775 crore," the company said. Keystone Realtors CMD Boman Irani said the company is increasing its focus on large society ...
Top developers report steady Q3 FY26 earnings; Labour Codes add limited compliance costs, with margins largely cushioned by strong pre-sales and project mix
Experts said it is likely to push regulators toward stricter oversight, faster adjudication and more uniform application of rules, thereby raising compliance standards across the board
AIF to scale up Dubai investments by Rs 16,000 crore over next year
Realty firm Lodha Developers Ltd has acquired an 80 per cent stake in Pune-based Solidrise Realty for Rs 294 crore, as part of its expansion plan. Mumbai-based Lodha Developers Ltd is one of the leading real estate companies in the country. It sells properties under Lodha brand. In a regulatory filing on Saturday, the company said it has entered into a share purchase agreement to acquire stake in Solidrise Realty Pvt Ltd (SRPL). Lodha Developers will acquire 80 per cent equity stake in SRPL. The cost of acquisition is Rs 294.07 crore. SRPL will become a subsidiary of the Lodha Developers. SRPL is into real estate business in Pune, the filing said. Last month, Lodha Developers reported a 1 per cent increase in consolidated net profit to Rs 956.9 crore in the third quarter of this fiscal year. Its net profit stood at Rs 944.4 crore in the year-ago period. Total income rose to Rs 4,775.4 crore in the October-December period of the 2025-26 fiscal year from Rs 4,146.6 crore in the .
Realty firm Anvitha Group is rapidly advancing towards a major global expansion by launching a 17-acre residential community in Dallas, US, and setting up its international corporate office there, company sources said on Sunday. The city-based group, which currently has projects spanning 10 million square feet under construction, said additionally, a large-scale project comprising 1,700 villas over 500 acres is in the pipeline in the US and announced plans to launch a new real estate project in Dubai later this year. Anvita currently serves 1,800 customers and has participated in several major projects in Dubai. The company employs 300 professionals directly and provides indirect employment to approximately 6,000 individuals, a press release from the company said. Over the next three years, the workforce is expected to grow to 1,000 employees, with indirect employment rising to 15,000. Company Director Vijay Raju expressed confidence that Anvita will soon establish itself as one o
Supreme Court's sharp remarks on Rera shift focus to weak enforcement, putting pressure on regulators and non-compliant developers while favouring credible players
Bengaluru-based developer swings to profit in Q3FY26 on improved execution, timely project deliveries and stronger cash flows; revenue rises over 231 per cent year-on-year
Supreme Court criticises functioning of RERAs, sets aside Himachal Pradesh High Court stay on shifting State regulator's office to Dharamshala
The Supreme Court orally criticised the functioning of the real estate regulator Rera, saying it appears to only benefit defaulting builders
For the title to be clean, there should be an unbroken chain of registered documents, with the latest in the seller's name
The Mumbai-based InvIT acquires a 1.78 msf fully leased warehousing asset in Hosur, expanding its operating area to 21.46 msf and entering its 17th city
Sales volumes in top 15 Tier II cities fall 10% to 1.56 lakh units in 2025, while value stays flat at Rs 1.48 trillion as premium housing gains share, says PropEquity
Sales of homes priced under Rs 1 cr dips 15% YoY & that above Rs 1 cr up 9%YoY
Managed workspace operator IndiQube guides for 30-35% revenue growth in FY26, plans up to 2 million sq ft annual addition, and aims to sustain 80-85% occupancy
Revised FAR/FSI limits, height relaxations lead to increased investor interest
During the October-December quarter, rental demand fell 2.4% compared to the previous quarter, but rents still increased by about 2.2% across India
Karnataka's new FAR rules allow developers to build taller projects in industrial zones, helping maximise land use as cities like Bengaluru face rising land scarcity