Page 4 - Real Estate

Oberoi Realty records ₹8,109 crore bookings for its first NCR project

The Mumbai-based developer said its Gurugram luxury project, Three Sixty North, recorded bookings for about 2.31 million square feet of saleable area

Oberoi Realty sells luxury homes worth ₹8,109 cr in first Delhi-NCR project

Mumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand. The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore. In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR." The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added. The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realt

Square Yards targets 40-50% revenue growth in FY27 as fintech biz scales

Proptech unicorn Square Yards expects 40-50 per cent revenue growth in FY27, driven by expansion in fintech, AI-led initiatives and broader real estate services

Prestige Estates to invest ₹15K cr in FY27 in housing, commercial projects

Realty firm Prestige Estates Projects will invest around Rs 15,000 crore this fiscal in the construction of residential and commercial projects across South India, Mumbai Metropolitan Region and Delhi-NCR. Bengaluru-based Prestige Estates is one of the leading real estate developers in the country. It achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year. "We will be investing Rs 14,000-15,000 crore this fiscal on construction," Prestige Estates Projects Executive Director Zayd Noaman told PTI. Out of the projected construction spend, he estimated around Rs 9,500-10,000 crore for housing projects and Rs 4,500-5,000 crore for commercial projects, including office complexes and shopping malls. Noaman said the company is focusing a lot on scaling up construction activities to ensure the timely execution of projects. Even during the 2025-26 fiscal, he said, the total construction spend was around Rs 13,500 crore. "Overal

Results preview: High base may weigh on developers' Q1 pre-sales

Developers have become selective in launching new projects: Analysts

Home affordability holds in 6 of top 8 Indian cities; Mumbai, NCR lag

Knight Frank says lower borrowing costs following RBI's 125-basis-point repo rate cuts supported affordability in H1 2026, though MMR and NCR remained above the affordability threshold

Ahmedabad tops affordability chart; MMR, NCR stay beyond 50% EMI threshold

Ahmedabad remains the most affordable housing market; MMR, NCR continue to breach affordability threshold

MOFSL bullish on realty; sees K-shaped recovery; Lodha, DLF among top bets

MOFSL has Buy ratings on Lodha Developers, DLF, Godrej Properties, and AB Real Estate, while it has a Neutral rating on Oberoi Realty

Indian investors pump record $2.6 bn into realty, account for 57% of flows

Indian investors fuel six-year high in real estate inflows with $2.6 bn investment

Delhi-NCR premium housing sales jump 30% in Q1; Rs 1-cr homes dominate

7 in 10 homes sold in Delhi-NCR now cost over Rs 1 crore: Equirus

M3M Group to invest ₹10,000 crore in construction, land acquisition in FY27

The Gurugram-based developer will invest Rs 7,200 crore in construction and Rs 2,500 crore in land acquisition as it expands its project pipeline and branded housing portfolio

Accenture leases 346K sq ft office space in Pune at ₹2.52 cr a month

The IT services firm has leased office space across five floors at Phoenix Millennium Towers in Wakad, with a total rental commitment estimated at around Rs 355.4 crore over the lease tenure

Godrej Properties bags Noida land parcel with ₹2,000 cr revenue potential

The real estate developer emerged as the highest bidder for a 4.95-acre residential plot in Sector 151, Noida, and plans a premium housing project with estimated revenue of Rs 2,000 crore

Indian Reits Association appoints KRT CEO Shirish Godbole as chairperson

Knowledge Realty Trust CEO succeeds Brookfield India REIT's Alok Aggarwal, who stepped down following his retirement

India's Q2 2026 retail leasing grows 17.6% YoY amid sustained demand: Rpt

Gross leasing touches 2.4 million sq ft as sustained occupier demand, low vacancies and limited Grade A mall supply support rental growth

IBBI proposes wide-ranging realty reforms with a focus on homebuyers

IBBI has proposed project-wise real estate insolvency reforms to prioritise housing completion, protect homebuyers and reduce liquidations under the IBC

Mumbai records over 80,000 property registrations in H1 2026: Report

The city recorded 80,221 property registrations in the first half of 2026, while June is set to become the strongest month for registrations in 14 years, reflecting sustained homebuyer demand

Godrej Properties acquires 47-acre land parcel off OMR in South Chennai

The developer will build plotted residential units on the site off Old Mahabalipuram Road, with the project expected to generate an estimated ₹500 crore in revenue

Oberoi Realty enters Delhi-NCR with Gurugram project; homes from Rs 18 cr

'We want a Gurugram business as big as Mumbai': Oberoi Realty enters Delhi-NCR

Can Namo Cities become NCR's next real estate hotspots? Here's what we know

How Namo Cities could create the next Gurugram or Noida