Page 5 - Real Estate

Can Namo Cities become NCR's next real estate hotspots? Here's what we know

How Namo Cities could create the next Gurugram or Noida

West Asia conflict pushes housing sales in metros down 6% in Apr-Jun

Residential sales across the top seven cities fell to 90,715 units in Q2 2026, while new launches rose 7 per cent as developers continued to add inventory despite uncertainty

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

Mumbai-based Oberoi Realty on Monday announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore. The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi told reporters in Gurugram. The company has launched the first phase at a basic selling price of Rs 35,000 per sq ft. "The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said. Asked about the investment, he said the project cost would be around Rs 6,000 crore for both phases. In the first phase, the starting price is Rs 19 crore. The size of the apartments ranges from Rs 5,600 sq ft to 8,500 sq ft. The size of the penthouse is 13,000 sq

Omaxe soars 20% on launch of dedicated hospitality arm, to invest ₹6200-cr

Omaxe Ltd has announced that the dedicated hospitality business vertical will develop 19 hotels spread over nearly 5 million sq. ft. across five states in the next 4-5 years.

Housing sales down 6% in Apr-Jun in top 7 cities, avg price up 7%: Anarock

Housing sales fell 6 per cent in April-June to 90,715 units across seven major cities on subdued demand amid economic uncertainties and also rising home prices, according to Anarock data released on Monday. As many as 96,285 units were sold in the year-ago period across the top seven cities -- Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, Hyderabad, Chennai and Kolkata. These seven cities saw an average price appreciation of 7 per cent during the current quarter as against the same period of 2025. Interestingly, real estate consultant Anarock's sales data for April-June quarter is in complete contrast to a latest report by listed entity PropEquity, which mentioned a 19 per cent growth in sales of residential properties at 1,12,458 units in the current quarter. Commenting on its data, Anarock Chairman Anuj Puri said, "These readings are along expected lines, as the Middle East war's impacts on the entire sector were all too obvious." He pointed out that the "Middle

Puravankara aims ₹1,000 cr revenue from 6.4 acre Bengaluru housing project

Realty firm Puravankara has partnered with a landowner to develop a 6.4-acre housing project in Bengaluru with an estimated revenue potential of Rs 1,000 crore. In a regulatory filing on Monday, the company said it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru. The company will develop a housing project on this land parcel with a saleable area of 0.8 million sq ft and an estimated revenue potential of Rs 1,000 crore, it added. Bengaluru-based Puravankara Ltd did not name the landowner and also did not disclose the terms of the JDA. Under the JDA, real estate developers share revenue or profit with landowners. Sometimes, they offer completed housing units with landowners. Of late, real estate players are acquiring land through the JDA route as well as it involves less capital expenditure compared to outright purchase of land parcels. As of March 31, 2026, Puravankara has completed 95 projects totalling 57 million sq ft acros

Dubai's Danube Group targets nearly $4 billion launches in FY27

Danube recently launched Greenz by Danube, a townhouse and villa project, where the first phase, with a top-line potential of around $1.3 billion, has received a strong response

Consumer protection: Developer free to form building-wise societies

The National Commission noted that flat purchasers had given informed consent for FSI utilisation, so they could not question the additional construction later

Prestige Group holds ₹65,000 cr unrecognised revenue on pre-sales: Chairman

Realty firm Prestige Estates Projects Ltd has around Rs 65,000 crore of unrecognised revenue in its account, driven by strong sales of its housing properties during the last three financial years. Prestige Estates achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year. In an interview with PTI, Prestige Estates Chairman Irfan Razack said, "We have got about Rs 65,000 crore of unrecognised revenue in the book. It is not a small amount". He mentioned that the company follows the completion method for recognition of revenues. This means that revenue gets recognised once the real estate project gets completed. However, Razack said the company is in discussion with auditors to shift towards the percentage of completion method. On the outlook for the current fiscal, the company's chairman was hopeful that sales bookings and new launches would be better than those in 2025-26, as housing demand continues to be good despite glo

Fidelity Investments buys 2% stake in Lodha Developers for ₹1,864 crore

Financial services company Fidelity Investments has purchased a 2 per cent stake in Lodha Developers for Rs 1,864 crore from two promoter entities through open market transactions, according to block deal data on the NSE. US-based Fidelity Investments, through its eight affiliates, including FMRC Fidelity Advisor International Capital Appreciation Fund and FRST II Strat Adv Fide Interl Fund, bought a total of 1,98,81,296 shares, or 1.99 per cent stake, in Lodha Developers. The transactions were executed in eight separate tranches on Thursday at an average price of Rs 937.85 apiece, taking the combined transaction value to Rs 1,864.56 crore. Meanwhile, two promoter group entities of Mumbai-based realty firm Lodha Developers, Hightown Constructions Pvt Ltd and Homecraft Developers and Farms Pvt Ltd, collectively sold the same number of shares at the same price, as per the data. After the stake sale, the combined holding of promoters and promoter group entities in Lodha Developers has

Mantra Group secures ₹2,000 crore Worli project through NCLT resolution

Pune-based developer Mantra Group has won the stalled Worli project through the insolvency resolution process, marking its third acquisition in Mumbai within a year

SPJ Vedatam Brings Smart Commercial Infrastructure to Old Gurugram's Evolving Urban Landscape

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Hero MotoCorp, WeWork lease 3.5 lakh sq ft in Worldmark for ₹922 crore

Hero MotoCorp and WeWork have signed separate long-term office leases at Bharti Real Estate's Worldmark complex in Aerocity, with a combined rental outlay of about Rs 922 crore

Housing sales in India's top nine cities grow 19% in Q2 2026: PropEquity

Housing sales across India's top nine cities rose 19 per cent in Q2 2026 as higher supply and strong demand in southern and western markets offset declines in Delhi-NCR and Kolkata

Nisus Finance eyes ₹4K cr fundraise through India-UAE property platform

Nisus Finance aims to raise up to Rs 4,000 crore over 18-24 months through an India-UAE platform targeting redevelopment, plotted development and asset-backed real estate

₹170-cr Dadar redevelopment deal includes cash, flats parking for landowner

The owner receives a monetary consideration of Rs. 169.51 crore along with an allocated 25,774.61 sq. ft. of residential RERA carpet area and 16 car parking spaces in this upcoming project.

Housing sales jump 19% across top nine cities in April-June: PropEquity

Housing sales rose 19 per cent to 1,12,458 units during April-June across the top nine cities despite global economic uncertainties, according to PropEquity. Sales stood at 94,864 units in the year-ago period across the nine cities -- Mumbai, Navi Mumbai, Thane, Delhi-NCR, Bengaluru, Hyderabad, Chennai, Pune and Kolkata. New supply of residential properties rose 43 per cent annually to 1,17,609 units during the April-June period. PropEquity founder and CEO Samir Jasuja said, "The Indian housing market has remained resilient despite the geopolitical uncertainties in the Middle East. Southern markets continue to lead growth, while Mumbai and Navi Mumbai have also seen strong demand. Although some regions such as Thane and Delhi-NCR have witnessed relatively softer activity, overall market sentiment remains positive". According to the data, the housing sales in Bengaluru rose to 21,516 units in April-June from 14,676 units in the year-ago period. In Chennai, sales increased to 6,323

Actor Siddhant Chaturvedi buys ₹14 cr flat in Mumbai's Juhu with mother

The buyers paid a stamp duty of ₹83.46 lakh for the transaction. The agreement was registered on June 19, 2026.

Office space leasing dips 2% across seven major cities in Apr-Jun: Colliers

Gross leasing of office spaces fell 2 per cent to 17.4 million sq ft during April-June across seven major cities on lower fresh supply, according to Colliers India. The gross leasing stood at 17.8 million sq ft in the year-ago period. Leasing of office spaces rose in Bengaluru, Delhi-NCR and Hyderabad, but fell in Mumbai, Pune, Chennai and Kolkata. As per the data, the gross leasing rose 8 per cent in Bengaluru to 5.2 million sq ft during April-June from 4.8 million sq ft in the year-ago period. In Delhi-NCR, the office leasing increased 23 per cent to 2.7 million sq ft from 2.2 million sq ft. The leasing in Hyderabad rose 19 per cent to 3.8 million sq ft from 3.2 million sq ft. However, the gross leasing in Mumbai fell 29 per cent to 2 million sq ft from 2.8 million sq ft. Chennai witnessed a fall of 23 per cent to 2 million sq ft from 2.6 million sq ft, while Pune saw a decline of 25 per cent to 1.2 million sq ft from 1.6 million sq ft. In Kolkata, the office leasing fell 17 per

Affluent investors turn to AIFs for a slice of Delhi's luxury housing boom

Golden Growth Fund has closed its maiden ₹101-crore AIF as rising luxury home prices in South Delhi