Page 42 - Real Estate

₹6,500 cr realty shake-up: Commercial deals soar 2X, residential slumps

Indian real estate sector witnessed deals worth $2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton https://assets.grammarly.com/emoji/vBhara

Office demand in Navi Mumbai rises 40% in 2024, to grow further: CRE Matrix

Demand for premium office spaces in Navi Mumbai rose 40 per cent in 2024 to 5.8 million square feet, and the leasing activities are expected to increase further on affordable rent, according to CRE Matrix. Real estate data analytics firm CRE Matrix Co-founder and CEO Abhishek Kiran Gupta noted, "Navi Mumbai is one of the most affordable office markets across major 7-8 cities, with a weighted average rental of around Rs 65 per square feet." He said the demand has been rising in the key office micro-markets of the Mumbai Metropolitan Region (MMR). In the first six months of this calendar year, he said the gross leasing of office space in Navi Mumbai exceeded by nearly 0.8 million (8 lakh) square feet. "There is a huge demand for Grade A office space in Navi Mumbai from global and domestic corporates," he said. The demand will further rise because of the infrastructure development in this part of MMR, including the new airport, Gupta observed. Tata Realty & Infrastructure Ltd, K .

PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July

PropShare Titania IPO to offer 9% projected yield from grade A+ asset in Thane; Sebi's new SM Reit category targets retail investors via ₹10 lakh unit lots

Real estate deals drop 8% in Jan-Jun to $2.5 billion: Grant Thornton Bharat

Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at USD 2.5 billion, compared to 40 deals worth USD 2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. "While overall deal values moderated, institutional capital continues to

Housing sales drop 20% in Q2 despite value gains, premium demand holds firm

Home sales across major cities in India declined in Q2 2025, but value rises 1% to ₹1.47 trillion amid a sharp shift toward high-end and luxury housing, says Anarock's residential market report

Tier 2 cities outpace metros in residential plot launches: PropEquity

Seven of the top 10 cities for residential plot launches were tier 2 locations, led by Indore, Nagpur and Surat, as investor interest shifts away from apartments

₹2.4 trn worth of housing plots launched in last 3.5 years: PropEquity

Housing plots worth Rs 2.44 lakh crore have been launched in past three and half years because of higher demand post-Covid pandemic, according to PropEquity. Real estate data analytic firm PropEquity data showed that nearly 4.7 lakh residential plots have been launched by developers between January 2022 and May 2025 across 10 tier-I and tier-II cities. These cities are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat. "The estimated launch value of the residential plots in 10 tier I-II cities between 2022 and 2025 (May) is approximately Rs 2.44 lakh crore," PropEquity Founder and CEO Samir Jasuja said in a statement on Tuesday. The demand for residential plots has risen in the past few years as this asset class is more liquid with potential of higher appreciation than apartments, he added. Jasuja said many prospective customers prefer plots as they desire to customise their living space. As per the data, the supply of residential plots i

Plot over flat? ₹2.4 lakh cr worth of land launched in 3 yrs, Tier II leads

The top 10 cities with the most supply between 2022 and 2025 (May) are Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur and Surat.

Senior living rents touch ₹1 lakh, retirement homes valued at $8.4 billion

Notably, 34% of upcoming projects are in Tier 2 cities like Coimbatore, Vadodara, and Goa-emerging as the next senior living hubs.

Flying high: Airport-adjacent micro mkts outpace city-wide price growth

Residential plot values in these corridors recorded a rise of 84 to 118 per cent, compared to a city-wide increase of 45 to 93 per cent

Suraj Estate launches residential project worth Rs 120 cr in Mumbai

Suraj Estate Developers has launched a luxury residential project with potential gross development value of Rs 120 crore in the financial capital of the country, according to an exchange filing. "Strategically located in Prabhadevi one of Mumbai's most sought-after residential neighborhoods the project has an estimated gross development value of Rs 120 crore, the filing stated. The new residential project addresses the growing demand for premium yet compact homes in a locality where new supply in such configurations remains limited, the Mumbai-based developer said. Designed as a 21-storey residential tower, Suraj Aureva offers 1, 2, and 3 BHK apartments at prices starting at Rs 2.47 crore, it added. The company plans to launch a mix of residential and commercial developments with the combined GDV of Rs 2,000 crore, contribution from pre-projects such as Park View 1, Lobo Villa in Mahim, JRU project in Byculla, and Shivaji Park project, in 2025-26.

Delhi-NCR luxury home sales soar 209% in H1 2025, all flats above ₹6 cr

etween January and June 2025, the region witnessed the sale of 3,960 luxury homes priced at ₹6 crore and above - a whopping 209% increase compared to 1,280 units sold in the same period last year

DLF sets sights on strong residential, commercial pipeline in medium term

DLF plans to achieve ambitious targets with a strong launch pipeline, aiming for ₹20,000-22,000 crore in sales in FY26, driven by robust demand in both residential and commercial sectors

DLF achieved record sales collections in FY25; uptick in bookings: Chairman

DLF Limited reported record sales collections in FY25 and noted a significant increase in new sales bookings. The company is focused on expanding its residential, commercial, and retail segments

DLF Chairman Rajiv Singh's remuneration rises 34% to ₹36.65 cr in FY25

India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to Rs 36.65 crore in the last fiscal, following better performance of the company, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received Rs 36.65 crore as remuneration for the last fiscal against Rs 27.30 crore in the preceding financial year. Out of the total remuneration paid to the DLF Chairman, Rs 34.53 crore has been in the form of commission. The Board had approved the commission/variable pay to the Chairman as well as the company's two managing directors -- Ashok Kumar Tyagi and Devinder Singh for 2024-25, based on the achievements against targeted business parameters like consolidated profit after tax, cashflows, and also taking into consideration construction spends and pre-sales. Tyagi has received Rs 14.16 crore as remuneration

Lohia Worldspace to launch ₹200 cr luxury villa project in UP's Moradabad

Realty firm Lohia Worldspace will invest about Rs 200 crore to develop a 10-acre housing project in Moradabad, Uttar Pradesh, marking its entry into real estate business. This will be the company's first real estate project, comprising 175 luxury villas. Lohia Worldspace is the real estate arm of the diversified Delhi-based Lohia Global, a privately held company with an annual revenue of around Rs 1,200 crore. Established in 1979, the Group has four businesses - handicraft exports, electric vehicles, tiles and solar energy. Now, it has entered into real estate business to monetise its land bank of around 200 acres across various cities in North India. "Our vision with Lohia Worldspace is to create homes that are modern, meaningful, and rooted in thoughtful design," said Pyush Lohia, Director, Lohia Worldspace. The project cost is estimated at Rs 200 crore and expected to be delivered by 2029. Pyush said there is a huge demand for premium homes in Moradabad market. Last year, Lohi

Indian real estate set to gain as investment shifts amid UAE visa changes

Capital from entry-level UAE realty market may be redirected to Tier 1 & 2 Indian cities

DDA clears reforms to boost commercial real estate, housing in Delhi

In a move aimed at revitalising Delhi's commercial real estate sector, the Delhi Development Authority (DDA) has approved sweeping reforms to make the city more attractive for investment and large-scale development, a statement said on Friday. In a DDA meeting chaired by Lieutenant Governor V K Saxena, the agency has drastically reduced amalgamation charges for commercial properties, from the existing 10 per cent of the circle rate to just 1 percent. "High amalgamation costs were among the biggest deterrents for developers in Delhi. This decision is expected to trigger a new wave of commercial development in the capital," DDA's statement said. The move is exploiting underutilised commercial plots, making them financially viable for developers to consolidate land and undertake large-scale projects, the statement added. In another decision, the authority has lowered the multiplication factor for the auction of commercial properties from twice the circle rate to 1.5 times the circle .

HNI, NRI demand drives 85% growth in luxury housing sales in H1 2025

Luxury housing sales grew 85% year-on-year in the first half of 2025, driven by rising demand from HNIs and NRIs seeking asset stability amid global uncertainty

Puravankara Q1 sales bookings rise 6% to ₹1,124 crore due to higher prices

Realty firm Puravankara Ltd's sales bookings rose per cent to Rs 1,124 crore in the first quarter of this fiscal year on higher price realisation. In a regulatory filing on Friday, the company said it achieved sales value of Rs 1,124 crore for April-June quarter as against Rs 1,064 crore in the year-ago period. Sales volume dipped to 1.25 million sq ft from 1.29 million sq ft. However, the average price realisation increased to Rs 8,988 per sq ft from Rs 8,246 per sq ft. Puravankara has completed more than 90 projects measuring around 53 million sq ft across nine cities -- Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company has a land bank of 25 million sq ft and ongoing projects add up to 37 million sq ft.