Page 46 - Real Estate

Developing EWS flats in cities tougher than households building own homes

An independent study finds that the long-running Pradhan Mantri Awas Yojana-Urban (PMAY-U) programme has shown the way for addressing this challenge in non-million cities (under 1 million population)

Arbour Investments commits ₹105 cr to ELV for Whitefield projects

Arbour will fund ELV Projects' mid-premium residential developments in Whitefield, with Rs 105 crore to be disbursed in phases over eight to nine months

Dream home is hard to get: 109 yrs of savings needed to buy one in Mumbai

Skyrocketing prices mean even top earners in Indian cities will need decades to afford a standard home

Brigade Ent looks for long-term buyer, greenfield growth opportunities

Brigade Hotel Ventures IPO aims to unlock value at group level

Motilal Oswal Alternates exits all investments from its second realty fund

MO Alternates has exited all 14 investments in its Rs 489 crore IREF II real estate fund, delivering 18.3% IRR despite regulatory and market disruptions

Why is registration not enough to prove you own a property?

'Registration provides evidence, but not ownership,' warns SC in a ruling that could impact thousands of Indian homebuyers.

India leads Asia-Pacific in office leasing sentiment: CBRE report

CBRE's India Office Figures for Q1 of 2025 also revealed that gross office leasing rose by 5 per cent yoy, reaching 18 million square feet across nine cities between January and March 2025

Tayal Corp: Redefining Pune Real Estate with Design-First Homes and Lifestyle-Driven Communities

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Brigade Enterprises targets Rs 2,100 cr from new housing project in Chennai

Realty firm Brigade Enterprises is targeting a revenue of Rs 2,100 crore from its new housing project in Chennai. The company has launched a 14.7-acre project Brigade Morgan Heights, located along the Sholinganallur-Medavakkam road in Chennai, comprising 1,250 units. The gross development value of this project is about Rs 2,100 crore, the company said in a regulatory filing on Saturday. The project, which has a total development potential of 2.2 million (22 lakh) square feet, will be developed under a joint development agreement (JDA). Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said, "Chennai continues to be a vital market for Brigade Group, and this expansion aligns with our vision of delivering high-quality residential developments in upcoming urban corridors". Established in 1986, Brigade Group is one of India's leading property developers. It has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City.

Real estate institutional capital flows in H1CY25 decline by 37% Y-o-Y: JLL

JLL data shows institutional real estate investments declined to $3.1 billion in H1CY25 amid global uncertainty, with Blackstone's Kolte-Patil deal leading the pack

Realty to see institutional investments fall 37% to $3 bn in Jan-Jun: JLL

Institutional investments in Indian real estate are estimated to decline 37 per cent to USD 3.06 billion during the first half of this year on global economic uncertainties, according to JLL. Real estate consultant JLL India data showed that institutional investments in Indian real estate are likely to fall to USD 3.06 million in the January-June period this year as compared to USD 4.89 billion in the year-ago period. Foreign investors' share in total institutional investments in Indian real estate is 68 per cent, while domestic players infused 32 per cent during the first half of the 2025 calendar year. "Investment transactions are experiencing extended timelines due to the challenging international economic conditions and political uncertainties," the consultant pointed out. Institutional investors continue to participate through public market channels, including Real Estate Investment Trusts (REITs), Qualified Institutional Placement (QIPs) and investments in listed entities, it

Godrej Properties sells over 1,450 homes for Rs 2,000 cr in Bengaluru

Godrej Properties Ltd has sold more than 1,450 flats for over Rs 2,000 crore in its new project in Bengaluru, as consumer demand for premium apartments remains strong. In a regulatory filing on Monday, Godrej Properties informed that it has "sold inventory worth over Rs 2,000 crore during the launch of the first phase of the project, Barca at Godrej MSR City, located in Devanahalli, Bengaluru." The project was launched in April 2025. The company sold over 1,450 homes with more than 2.2 million (22 lakh) square feet of area in the first phase of the project. Godrej MSR City, a township project, has a developable potential of around 5.6 million (56 lakh) square feet and has significant unlaunched inventory remaining, which the company plans to sell in the coming years. Gaurav Pandey, MD & CEO, Godrej Properties, said, "The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term ...

Approval hiccups hit schedule, profits of MMR and Bengaluru realty majors

The approvals were earlier handled by the state government authorities. MMR is said to be the most affected market by this decision

DLF targets ₹2,500 crore sales from new housing project in Mumbai

India's largest realty firm DLF Ltd is set to enter the Mumbai housing market as it plans to launch a luxury housing project in the city worth about Rs 2,500 crore in the next two weeks. DLF will launch more than 400 homes in the first phase of its upcoming project, marking the company's entry into Mumbai's residential property market. According to sources, the company has got all regulatory approvals to launch this project, which will be developed in partnership with Delhi-based Trident Realty. DLF has received RERA approval for its first premium residential project in Mumbai. The project, located in the suburb of Andheri, is expected to be launched within the next two weeks, they said. In the first phase, the company will develop 416 units in four towers. DLF plans to sell these apartments in a price range of Rs 5-7 crore per unit. The spokesperson declined to comment. Earlier this month, the company launched and completely sold the DLF Privana North housing project in Gurugra

Raymond Realty to launch ₹14,000 cr projects in FY26, listing on July 1

Raymond Realty will launch six residential projects this fiscal in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore as the company looks to expand the property business amid strong demand. In an interview with PTI, Raymond Realty CEO Harmohan Sahni announced that the company will get listed on stock exchanges on July 1, post demerger of the real estate vertical from Raymond Ltd, which will now focus on just the engineering vertical. The demerger will position Raymond Realty to pursue its growth trajectory as an independent pure-play real estate business. Sahni highlighted that the company has a huge land bank in the Mumbai Metropolitan Region (MMR). "In 2019, we started our first project. In the last six years, we have built a significant presence at Thane and Mumbai in MMR," Sahni said. "The total gross development value (GDV) of about Rs 40,000 crore is what our portfolio looks like today. Out of that Rs 10,500 crore worth of projects h

Strong project pipeline to ensure sales momentum for Prestige Estates

The launches in the last quarter and a strong outlook has resulted in the stock gaining 21 per over the last month and 42 per cent over three months

Prices of South Delhi luxury independent floors up 105% in 3 yrs: Report

Investments by high-net-worth individuals, assured returns and connectivity among reasons for price jump

IPO-bound Kalpataru sells properties worth Rs 2,727 cr in Apr-Dec FY25

Real estate developer Kalpataru Ltd, which will launch Rs 1,590-crore IPO next week, sold properties worth Rs 2,727.24 crore during April-December of the last fiscal on strong demand for housing and commercial assets. The company sold properties worth Rs 3,201.98 crore in 2023-24, according to its updated red herring prospectus (RHP) filed with Sebi. The latest document has updates till the third quarter of the 2024-25 fiscal only. Mumbai-based Kalpataru focuses on the development of residential, commercial, retail and integrated township projects. It is also into the redevelopment of societies. The company has fixed a price band of Rs 387 to Rs 414 per share for its Rs 1,590 crore initial public offering (IPO), which will open for public subscription on June 24 and conclude on June 26. The bidding for anchor investors will open on June 23. The company's IPO is entirely a fresh issue of equity shares worth Rs 1,590 crore with no offer for sale (OFS) component. It proposes to util

Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO

Real estate firm Kalpataru plans to repay borrowings using IPO proceeds, cash reserves and project sales, with debt ratio targeted to fall from 3.7x to below 2x

Wipro inks 10-year lease for office space in MMR's Mindspace Business Park

The tech firm has taken space in building no. 2 of Mindspace Business Park with parking for 194 cars and a monthly rent of Rs 2.5 crore at Rs 64 per sq ft