Page 47 - Real Estate

Mumbai's luxury realty loses sparkle as buyers slip into pause mode

Mumbai - home to industry titans, Bollywood stars - is witnessing a slow offtake of houses priced between ₹10 crore and ₹50 crore. Industry insiders and real estate watchers explained the phenomenon

Bollywood Singer Shaan, wife buy plot-plus-bungalow in Pune for Rs 10 cr

The plot spans approximately 0.4 hectares (4,787.92 sq. yd), while the built-up area of the bungalow is around 5,500 sq. ft.

South Delhi, luxe realty, 20%+ returns: Decoding GGF's investment strategy

Golden Growth Fund is bringing institutional strategy to India's most exclusive real estate markets with its boutique AIF.

Unsold affordable units drop 19% in top 7 cities in Q1CY25, bucking slump

Luxury segment sees 24% surge in unsold units over robust supply, inventory pile-up

Golden Growth Fund buys land parcel in South Delhi, eyes ₹100 crore revenue

The fund plans to develop boutique luxury residences in Neeti Bagh area, targeting high-net-worth and ultra-high-net-worth individuals

Focused on becoming clear number 2 brand in NCR: Max Estates' Sahil Vachani

We have a current rental income of ₹150 crore which is expected to cross ₹700 crore on annuity basis in the coming three to five years, says Vachani

HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue

HDFC Capital is the investment manager to four Securities and Exchange Board of India-registered Category II alternative investment funds

W S Habib takes over as CREDAI Tamil Nadu president for 2025-27 term

Chairman and Managing Director of city-based real estate company RWD (Ramky Wavoo Developers) Private Limited, W S Habib, has assumed office as President of CREDAI Tamil Nadu for the 20252027 term, the real estate body said. At an investiture ceremony held in the city recently, in the presence of Tamil Nadu Minister for Hindu Religious and Charitable Endowments P K Sekar Babu and Director of Town and Country Planning B Ganesan, Habib formally took charge as President of the Confederation of Real Estate Developers' Associations of India (CREDAI) Tamil Nadu Council. The new office-bearers of CREDAI Tamil Nadu include V Gopinath as Vice-President, S Srikumar as Secretary, V Sathasivam as Joint Secretary, and P R Jai Prakash as Treasurer, a release from CREDAI said on Sunday. Upon taking over as President, Habib said, "Real estate is not just a business vertical; it is the bedrock of employment, infrastructure, and economic resilience. Our sector contributes significantly to Tamil Nadu'

Ashiana Housing Q4 bookings down 33% to ₹575 cr; FY25 sales at ₹1,937 cr

Realty firm Ashiana Housing Ltd's sales bookings declined 33 per cent to Rs 574.73 crore in the fourth quarter of the last fiscal, as it sold a lesser number of housing units. Its sales bookings stood at Rs 862.54 crore in the year-ago period. "597 units were booked in Q4 of FY25 vis-a-vis 451 units booked in Q3 of FY25 and 628 units booked in Q4 of FY24," Ashiana Housing said in a regulatory filing on Friday. However, the company's sales bookings rose 8 per cent to Rs 1,936.75 crore in the last fiscal against Rs 1,798.22 crore in 2023-24. "The sales value of Rs 1,936.75 crore was the highest-ever annual sales by the company," Ashiana Housing said. Delhi-based Ashiana Housing is one of the leading real estate developers in the country. The company focuses on developing group housing projects. It is also a major player in senior living homes.

Will money in hand from tax breaks in FY26 make its way to realty buys?

Realty majors hopeful of mid-level housing revival; But experts say education, savings may take priority

Realtors may post mixed Q4 results as residential demand moderates

According to Anarock, housing sales across the top seven Indian cities declined by 28 per cent in Q4 FY25, driven by soaring residential prices and geopolitical headwinds

Equity investments in real estate up 74% at $2.9 billion in Q1CY25

Bengaluru, Mumbai, and Delhi-NCR accounted for 67 per cent of the total equity inflows

Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%

Across FY25, the company launched projects including Ajmera Vihara, Ajmera Iris, and Ajmera Marina

Equity investment in Indian real estate rises 74% in Jan-Mar to $3 bn: CBRE

The Indian real estate sector attracted a 74 per cent higher equity funding of around USD 2.9 billion during the January-March period amid strong demand for properties, according to CBRE. Real estate consultant CBRE data showed that the equity investment inflows in real estate stood at USD 2.9 billion in January-March 2025, registering a 74 per cent year-on-year increase. "Investment inflows were primarily fuelled by developer activity and significant interest from real estate investment trusts (REITs) and institutional investors during the March quarter," it added. Total equity investments stood at USD 1.7 billion during the year-ago period. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE, said, "India's real estate sector continues to demonstrate resilience and attract sustained investor interest despite global headwinds." The sharp uptick in capital inflows during the period under review reflects strong fundamentals, robust demand ...

Century Real Estate logs Rs 1,809 cr in FY25 Bengaluru sales, led by luxury

Century Regalia, located in Indiranagar, emerged as one of the brand's standout performers, contributing about Rs 1,000 crore to the company's top line

PioneerUrban Land and Infra to invest Rs 300 cr in senior citizens' project

Realty firm PioneerUrban Land and Infrastructure Ltd will invest Rs 300 crore to develop a luxury housing project for senior citizens in Gurugram. Project Advait is a joint venture with JK Organisation's real estate arm JK Urbanscapes Developers Ltd. The company has received a license under the State's Retirement Policy. The project, spread across 2.6 acres and comprising 164 units, will be developed with an investment of Rs 300 crore. Each apartment is equipped with a centralised air filtration system (TFA unit). Its medical services will be provided by Fortis Hospital, Gurugram, within the project premises. Commenting on the development, Manish Periwal, Chairman and Managing Director, PioneerUrban, said the company has expanded its presence in the senior living space with the launch of this project. "Our investment reaffirms our commitment towards creating exceptional luxurious living spaces. With a strong focus on sustainability, cutting-edge architecture, and resident-centri

Housing price up 10-30% in 1 yr, Kolkata sees biggest hike, Mumbai down 3%

The weighted average price of new launches in Southern cities (Bengaluru, Chennai and Hyderabad) continue to be in sub-Rs 10,000 per sq. ft. level in FY25

Global firms bet big on India as office market records highest-ever leasing

India's Tier I cities see rising office rents as global markets face decline.

Residential real estate drives 51% of Rs 6,400 cr PE Inflows in Q1 FY25

s. Key Tier I cities like Bengaluru, Mumbai, Pune, and Delhi-NCR led the investment momentum, reflecting strong market confidence.

Street gives a thumbs up to Godrej Properties' strong Q4 bookings

A comparison of guidance and reported data indicates that GPL will surpass guidance in FY25, with record pre-sales bookings, higher Business Development and area delivered