Page 4 - Real Estate

Housing sales in Delhi-NCR dip 17% in Jan-Mar amid West Asia war: Report

Housing sales in Delhi-NCR declined 17 per cent quarter-on-quarter to nearly 16,000 units in the January-March period amid negative sentiments due to the West Asia conflict, according to Anarock. However, the demand rose 44 per cent on an annual basis following the low base effect. Real estate consultant Anarock data showed that housing sales in Delhi-NCR stood at 15,985 units during the current January-March period, down 17 per cent from 19,250 units in the previous quarter. Sales in Delhi-NCR increased 44 per cent from 11,120 units in the January-March period of the last year. Anarock Chairman Anuj Puri noted that the long-term fundamentals of India's residential segment remain strong, but the "short-term tremors of the Iran War were clearly visible in the first quarter". He pointed out that the war-induced uncertainty has affected buying sentiments, particularly in March, resulting in a 7 per cent decline in sales across seven major cities during the January-March period of thi

New $1.2 billion Noida airport set to test India's infra buildout boom

A land rush similar to Jewar has also gripped Navi Mumbai, an edge city across the harbor from India's financial capital Mumbai

Taxiing to take off, Jewar airport likely to drive land value surge

Infrastructure push, industrial growth and relative affordability are expected to drive residential demand and investor interest across Jewar, Noida and Greater Noida markets

EaseMyTrip co-founder buys ₹15.9 cr penthouse in DLF's Mumbai project

Rikant Pittie acquires a luxury penthouse in DLF's Andheri West project for Rs 15.9 crore, marking one of the highest per square foot transactions in Mumbai's western suburbs

Birla Estates enters Mumbai redevelopment market with ₹1,700 cr project

The Aditya Birla Real Estate arm marks its entry into Mumbai's redevelopment segment with a Khar West project, tapping strong demand in the land-constrained MMR housing market

Aditya Birla Real Estate aims ₹1,700 cr revenue from 1st housing project

Aditya Birla Real Estate Ltd (ABREL) will redevelop a housing society in Mumbai and expects a revenue of Rs 1,700 crore from free-saleable area. In a regulatory filing on Friday, the company said its subsidiary Birla Estates Pvt Ltd has entered into the redevelopment market with its first project in Mumbai Metropolitan Region (MMR). Birla Estates will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society in Khar West, Mumbai's Western Suburbs. The project is being developed under a joint redevelopment arrangement with Parinee Real Estate Builders. "With a saleable area of 2.9 lakh sq ft, the project has an estimated revenue potential of Rs 1,700 crore," ABREL said. Birla Estates develops premium residential housing in key markets. It also has a commercial portfolio with two grade-A commercial buildings located in Worli, Mumbai, with 6 lakh sq ft of leasable area.

Housing sales dip 7% in Q1 2026 across top cities amid Iran war: Anarock

Sales fell quarter-on-quarter as war-led uncertainty hit sentiment, while new launches outpaced demand, pushing unsold inventory above 600,000 units

Madhuri Dixit takes office on lease in Lower Parel for ₹4.25 lakh per month

Bollywood actress Madhuri Shankar Dixit has taken a commercial unit on rent in Mumbai, with a starting monthly rent of Rs. 4.25 lakh,

Stuck in an unregistered housing project? UP RERA's new rules could help

Under the revised Regulation 24, the authority has clarified long-pending ambiguity regarding whether allottees in unregistered projects can seek relief under RERA.

Airport-led boom: Property prices along Yamuna Expressway triple in 5 yrs

According to the report, the soon-to-be-launched Jewar airport will have significant long- term effects on housing demand, pricing and investment activity in the Noida housing market.

Regulator approves real estate projects worth ₹5,200 crore in Noida

These 24 projects encompass 7,830 residential and commercial units, contributing to urban development and expanding housing and commercial infrastructure

Office leasing up 15% on-year in Jan to Mar 2026 on occupier demand

Office leasing in India's top cities rose 15% in Q1 CY26, driven by strong occupier demand and GCC expansion, with flex leasing also gaining a larger share

Pune-based realty developer Amar Builders buys land parcel for ₹300 crore

Citycon Infratech, linked to Amar Builders, acquires 13.22-acre land parcel in Pune's Mundhwa for Rs 300 crore, as residential market trends show mixed signals across segments

India's housing affordability likely to stabilise this year: Report

Household income growth likely to outpace property price appreciation in six major cities, says CBRE

Income growth to overtake property price hikes for first time since 2021

EMI-to-income ratio is projected to plateau through 2028

Office leasing up 15% in Jan-Mar to 18.3 mn sq ft across 7 cities: Colliers

Demand for office space remained strong this quarter despite global uncertainties, as gross leasing of workspace rose 15 per cent to 18.3 million sq ft across seven major cities, according to Colliers India. Real estate consultant Colliers India on Thursday released the data for office market for the January-March period of this calendar year. Gross leasing of office space across seven cities -- Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai, and Pune -- stood at 18.3 million sq ft during the current quarter as against 15.9 million sq ft a year ago. "This continued momentum has been supported by strengthening occupier demand across sectors and expanding Global Capability Centres (GCCs) footprint, despite ongoing global uncertainties," the consultant said. Bengaluru, the biggest office market, saw an 18 per cent growth in office leasing to 5.3 million sq ft during January-March from 4.5 million sq ft in the corresponding period of the preceding year. In Hyderabad, the ..

Elevated construction costs may put pressure on developers' margins

Rising construction costs, supply disruptions, and labour pressures are squeezing developers' margins, even as demand resilience and tech-led efficiencies help cushion the impact

Puravankara plans 30-project launch pipeline worth ₹55,000 crore

Developer plans 30 projects across South India and Mumbai, while exploring a foray into data centres as demand from Gulf-based buyers rises amid global uncertainties

Godrej Seeds and Genetics buys office space for ₹365 cr in Vikhroli

Godrej Seeds and Genetics acquires over 70,000 sq ft office space in Mumbai's Vikhroli through three transactions, reflecting sustained demand in India's office market

Brigade Enterprises eyes ₹1,100 cr revenue from Bengaluru housing projects

Realty firm Brigade Enterprises Ltd is expecting a revenue of more than Rs 1,100 crore from a new housing project in Bengaluru. In a regulatory filing on Wednesday, the company said it has launched 'Brigade Belvedere', a 10.75-acre residential development in East Bengaluru. This initial phase of the project comprises 773 premium residential units with an estimated revenue potential exceeding Rs 1,100 crore, it added. Established in 1986, Brigade Group is one of India's leading property developers. It has developed many housing, commercial and hospitality projects. The company has presence in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City.