Page 40 - Real Estate

O3+ Cosmetics founder Vineet Kapur buys Vasant Vihar bungalow for Rs 72 cr

According to official registration documents, the property - House No. F-9/6, Vasant Vihar - spans approximately 6,160 sq. ft. and was bought from Dilip Pathak. The transaction, registered on April 3

Bhutani Infra, Yashoda Hospitals in ₹1,000 cr JV for Noida project

Fully AI-integrated project in Greater Noida

Registered households under MGNREGA grew 8.6% in FY25: Report

The report, 'The Missing Work: A National Review of MGNREGA Implementation,' compiled by LibTech India is based on government data as of April 7

Real estate stakeholders turn cautious amid global uncertainty: Report

Knight Frank-Naredco Q1 2025 report shows real estate sentiment index dipped amid global volatility, though office market and premium housing stay resilient

IBC requires urgent reforms to meet demands across various sectors

Court orders and reforms do not compensate for the legislative clarity needed in IBC for sector-specific insolvency processes

Anarock's FY25 revenue rises 33% on higher property consultancy fees

Real estate consultant Anarock Group revenue grew 33 per cent last fiscal to Rs 755 crore on better demand for residential and commercial properties, it's Chairman Anuj Puri said. Mumbai-based Anarock had posted a revenue of Rs 566 crore in the 2023-24 financial year. Home-grown Anarock was established by Anuj Puri in April 2017 after serving as country head for 10 years in a global property consultancy firm. In an interview with PTI, Puri attributed the increase in the company's revenue to the overall India's economic growth, which is fuelling demand for residential and commercial properties from end users and investors alike. He said the revenue from the consultancy services in the housing segment stood at around Rs 420 crore, which is about 56 per cent of the group's total turnover. "Land deals and capital market transactions contributed significantly to the total revenue as developers were aggressive in land purchases and also fund raising to expand their businesses," Puri ..

Keystone Realtors aims 32% growth in housing sales booking in FY26: CMD

Realty firm Keystone Realtors Ltd targets to sell housing properties worth Rs 4,000 crore this fiscal, eying a 32 per cent annual growth, as demand continues to be strong especially for good brands, its CMD Boman Irani said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the leading real estate developers in the country. "We have achieved steady and consistent growth during the last 2024-25 fiscal and surpassed all our guidances," Irani told PTI in an interview when asked about the company's performance. He highlighted that the company's pre-sales or sales bookings rose 34 per cent to Rs 3,028 crore last fiscal year, beating the annual guidance of Rs 3000 crore. The demand for apartments as well as residential plots remains strong especially in projects developed by reputed brands, Irani said, while exuding confidence of maintaining the company's growth momentum. Asked about the sales bookings target for 2025-26, Irani said, "We have given

Brigade Enterprises' property sales rise 31% to ₹7,847cr in FY 2024-25

Realty firm Brigade Enterprises sold properties worth Rs 7,847 crore last fiscal, an annual increase of 31 per cent, on better demand for its residential properties. In its latest investors presentation, Bengaluru-based Brigade Enterprises said that the company achieved "pre-sales of Rs 7,847 crore in FY25, a growth of 31 per cent over FY24". Its sales bookings or pre-sales stood at Rs 6,013 crore in the 2023-24 financial year. As per the presentation, out of the total pre-sales in 2024-25, Brigade Enterprises sold residential properties worth Rs 7,567 crore and commercial properties valuing Rs 280 crore. Its pre-sales volume for 2024-25 stood at 7.05 million square feet. The average realization stood at Rs 11,138 per square foot during 2024-25, an increase of 40 per cent over FY24, driven by the launch of premium projects. The company launched the highest-ever area of 9.5 mn square feet comprising 11 projects in the last fiscal. On Wednesday, Brigade Enterprises reported an 18

Zomato's parent firm inks 5-yr office lease deal in Andheri for Rs 95 cr

The lease agreement spans five years, featuring a fixed monthly rent of Rs 160 per sq ft for the first three years, followed by a 15 per cent escalation thereafter

Rs 8.3 cr for 4bhk: Is Dualis Gurugram the next big luxury real estate bet?

The twin towers will rise nearly 150 meters high, offering 198 spacious 3 and 4 BHK residences starting at 2,850 sq. ft, designed with affluent urban buyers in min

Bollywood actress Taapsee Pannu buys Rs 4.33 cr flat in Mumbai's Goregaon

According to the IGR property registration documents reviewed by Square Yards, the property is located in a ready-to-move-in residential project known as Imperial Heights

Shapoorji Pallonji group inks record $3.4 billion private credit deal

The three-year, zero-coupon rupee bond has an annual yield of 19.75 per cent. Proceeds will primarily be used to refinance existing debt

Affordable housing cap needs rethink, says Credai's Shekhar Patel

The Credai president said that while the size limits of 60 square meters for metro cities and 90 square meters for non-metro cities were generally acceptable, the price cap was deterring developers

Realty check: Trophy homes lure India's ultrarich at home and abroad

Locations like Goa, Alibaug, Lonavala, and parts of Uttarakhand are increasingly attractive to HNIs seeking weekend homes or holiday retreats

Signature Global may launch NCR projects worth ₹17,000 crore in FY26

Realty major picks Dwarka Expressway and Southern Peripheral Road micro markets, but remains open to launching future projects in Noida and Delhi as well

Vietnam approves Trump Organisation's $1.5 bn golf and real estate project

Vietnam has approved a $1.5 billion proposal by the Trump Organisation and its Vietnamese partner to build golf courses, hotels and real estate projects in the Southeast Asian country, state-run media reported Friday. The project spanning 990 hectares (2,446 acres) in northern Vietnam's Khoai Chau district will include a golf course the size 336 American football fields, residential areas, commercial spaces and parks. The decision approving the investment was signed by Deputy Prime Minister Tran Hong Ha, the VN Express newspaper reported. Vietnam is heading into negotiations with the US in a bid to avoid the 46% tariffs on its exports announced by President Donald Trump's administration. Vietnam also has been facing heat from Washington for not doing enough to prevent the diversion of Chinese goods through its borders. The investment project was announced by Vietnamese real estate developer Kinhbac City, which partnered with Trump's family business in October. Work on the project w

Time to buy holiday home? Demand soars in Nainital, Shimla, Dehradun

A recent report by real estate platform Magicbricks shows a major spike in demand for properties in popular hill stations like Nainital, Shimla, Dehradun, and Rishikesh

Lodha Ventures rebrands as Abhinandan Ventures, gives up original trademark

Abhinandan Lodha-led Lodha Ventures has been renamed Abhinandan Ventures in a move the company says reflects its future-focused identity and not linked to family dispute

Assetz aims to launch Rs 7,500 crore GDV residential projects in FY26

Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review

Shapoorji Pallonji targets ₹ 1,400-cr sales from Gurugram housing project

Shapoorji Pallonji Real Estate (SPRE), in partnership with KREEVA and ASK Property Fund, on Thursday launched a luxury housing project in Gurugram with a revenue potential of Rs 1,400 crore. In October last year, Shapoorji Pallonji Real Estate (SPRE) formed a joint venture with Kanodia Group's real estate venture Kreeva to develop a residential project, spread over 1.75 acre, in Sector 46, Gurugram. On Thursday, SPRE launched this new project -- The Dualis -- comprising 198 units, as part of its expansion plan to encash strong housing demand across major cities. "The project is poised to generate projected top-line revenues of over Rs 1,400 crore over the next five years," SPRE said in a statement. The project features two towers, each having a height of about 150 metre, with 198 apartments. The size of the flats ranges from 2,850 to 3,600 square feet. Sriram Mahadevan, CEO of Shapoorji Pallonji Real Estate (SPRE) & Managing Director of Joyville Shapoorji Housing, said, "With 'The