Page 5 - Real Estate

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.

Blackstone-backed ASK Property Fund exits Mahagun's project for ₹650 cr

ASK Property Fund has exited Mahagun's Noida project with Rs 650 crore, earning a 21 per cent IRR, as the stalled development sees revival following NCLT relief

Emkay Global initiates coverage on Kalpataru with 'Buy', sees 48% upside

Emkay Global has set a target price of ₹420, implying an upside of 48 per cent from March 23 closing price of ₹283 on the NSE

₹2.9 cr flats: Shapoorji Pallonji launches 137-unit project in Santacruz

Premium housing push continues as SPRE launches project near BKC

Nifty Realty down 5%; Lodha, DLF, Prestige Estates fall up to 6%: Check why

The Nifty Realty index tanked over 34 points or 4.8 per cent to the day's low at 662.85

Godrej, Lodha acquire 25+ land parcels; eye ₹1 lakh crore housing pipeline

Housing boom fuels land rush among top real estate developers

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

Realty firm Paranjape Schemes Construction Ltd will invest Rs 700 crore to develop four projects in Pune as part of its expansion plan. In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings. "Collectively, the upcoming launches represent a development potential of over 1.75 million sq ft across nearly 1400 residential units, with an estimated revenue potential of approximately Rs 1,175 crore...," Paranjape Schemes said. The company will invest around Rs 700 crore to build these 1400 units, said Amit Paranjape, Director-Business Development, Paranjape Schemes Construction Pvt Ltd. The festive season has traditionally been an important time for homebuyers in India, as it represents new beginnings and long-term investments for families, he added. "Alongside our new launches, we are also actively developing three large integrated townships that will shape the next phase of urban

TARC unveils Rs 3,600 cr housing project in Gurugram

The launch follows RERA approval for an additional phase

TARC expands its Gurugram project with launch of lshvara

lshvara marks the completion of a masterplan envisioned as a cohesive residential ecosystem defined by openness, proportion and architectural discipline

Hormuz effect: Your luxury flat will get pricier as construction costs soar

Shipping disruption pushes up construction costs, delays projects

Hormuz blockade may lead to increase in ultra-luxury house prices by 5%

Forced reroutes from Hormuz for ships carrying construction material may raise input costs, delay timelines and push up ultra-luxury housing prices in key cities

Homeland Group, VRC acquire Mohali land parcels for over ₹1,000 crore

Homeland Group and VRC acquire two prime land parcels in Mohali via GMADA auction, planning large mixed-use projects with premium residential and commercial spaces

Capgemini sells five Andheri office assets to Quest Coworks for ₹56 cr

The transaction involves five office units in Akruti Softech Park, located in the MIDC Marol Industrial Area-one of Mumbai's key commercial hubs.

Gulshan group ties up with IHCL for Taj-branded residences in Noida

Realty firm to invest ₹1,000 crore in project, with construction expected to be completed by 2031 and strong demand from high net-worth buyers