Page 53 - Real Estate

Keystone Realtors Q4 sales bookings up 1% at Rs 854 cr on strong demand

Realty firm Keystone Realtors Ltd on Tuesday reported a 1 per cent growth in sales bookings to Rs 854 crore for the fourth quarter of last fiscal as housing demand continues to be strong. Its sales bookings stood at Rs 843 crore in the year-ago period. In a regulatory filing, Keystone Realtors also informed that its sales bookings rose 34 per cent to Rs 3,028 crore in the 2024-25 fiscal year from Rs 2,266 crore in the preceding year. Boman Irani, CMD of Keystone Realtors, said, "FY25 has been an eventful and successful year for our company, marked by impressive achievements across key performance metrics, including pre-sales, collections, business development and new launches." The company's collections of funds from customers also showed remarkable growth, reaching Rs 2,326 crore for the entire 2024-25, he "In 2024-25, we launched a total of 7 projects with an estimated GDV (gross development value) of Rs 5,019 crore. The redevelopment opportunities in Mumbai remain a significant

This real estate player's stock gained 5% in trade today; check details

In FY25 the company's pre-sales for stood at ₹3,028 crore as compared to ₹2,266 crore in FY24, showing a growth of 34 per cent

Want to invest? Gurugram, Gr Noida, Bhubaneswar see highest price growth

Gurugram region that has seen the strongest market performance, with property values increasing by a notable 33.9% in the last year alone.

Godrej Properties Q4 sales bookings up 7% at Rs 10,163 cr on strong demand

Realty firm Godrej Properties on Tuesday reported a 7 per cent growth in sales bookings to record Rs 10,163 crore in the fourth quarter of last fiscal on better demand for its housing projects. The company's sales bookings or pre-sales increased 31 per cent to Rs 29,444 crore in the full 2024-25 fiscal year, according to a regulatory filing. With sales bookings of nearly Rs 30,000 crore, Godrej Properties is likely to emerge as the largest listed real estate company in the 2024-25 fiscal year in terms of sales bookings. DLF is India's largest real estate company in terms of market capitalisation. Godrej Properties said its latest March quarter sales booking value grew 7 per cent annually to Rs 10,163 crore. This was achieved through the sale of 3,703 homes with a total area of 7.52 million square feet. "This is the highest ever quarterly booking value achieved by Godrej Properties," the filing said. This is also the 7th consecutive quarter in which the company has delivered more

PE in Indian realty continues to soften amid global headwinds: Anarock

From a peak of $6.4 billion in FY21, investment volumes declined to $3.7 billion in FY25

Pvt equity inflow in Indian real estate down 3% to $3.7 bn in FY25: Anarock

Private equity investments in Indian real estate declined 3 pc last fiscal year to USD 3.7 billion due to lower fund inflow in office buildings, according to Anarock. Real estate consultant Anarock's arm Anarock Capital on Monday released its data of private equity (PE) deals in Indian real estate. As per the data, the PE investments in real estate declined to USD 3.7 billion in 2024-25 from USD 3.8 billion in the preceding year. During the 2020-21 fiscal year, the PE inflow was USD 6.4 billion, but the investments fell in 2021-22 to USD 4.3 billion. It marginally improved in the 2022-23 fiscal year to USD 4.4 billion before decreasing in 2023-24. Shobhit Agarwal, MD & CEO, ANAROCK Capital, said, "PE investments have steadily declined over the past five years, dropping from USD 6.4 billion in FY21 to approximately USD 3.7 billion in FY25. This represents a 43 per cent decrease from FY21 levels, primarily driven by reduced foreign investor activity amid heightened global ...

Macrotech Q4 pre-sales rise 14% to Rs 4,810 crore on strong housing demand

Real estate company Macrotech Developers Ltd on Monday reported a 14 per cent increase in sales bookings to a record Rs 4,810 crore in the fourth quarter of this fiscal mainly on strong housing demand. Its sales bookings stood at Rs 4,230 crore in the year-ago period. In a regulatory filing, Mumbai-based Macrotech Developers informed that the company's sales bookings grew 21 per cent last fiscal year to Rs 17,630 crore from Rs 14,520 crore in the FY24. "We achieved our best-ever quarter pre-sales of Rs 4,810 crore, showing 14per cent Y-o-Y (year-on-year) growth. With this, we have achieved pre-sales of Rs 17,630 crore in FY25 (up 21 per cent Y-o-Y), surpassing our FY25 guidance and delivering sustainable, predictable 20 per cent growth," the company said. Macrotech Developers, which sells properties under the Lodha brand, is one of the largest real estate companies in the country. It has a significant presence in Mumbai Metropolitan Region (MMR), Pune and Bengaluru housing ...

Sales of homes priced up to ₹50 lakh down 9% in Jan-Mar: Knight Frank

Sales of affordable homes, costing less than Rs 50 lakh each, declined 9 per cent in January-March this year to 21,010 units across eight major cities due to high prices, elevated mortgage rates, and low supply, according to Knight Frank. Real estate consultant Knight Frank India data of primary residential market showed that sales in Rs 50 lakh to Rs 1 crore segment, too, fell 6 per cent to 26,832 units during the first quarter of this calendar year. "While sales in the higher ticket sizes have been driving market growth, those in the Rs 5-10 million (Rs 50-100 lakh) and less than Rs 5 million (Rs 50 lakh) categories have dropped by 6 per cent and 9 per cent year-on-year, respectively as homebuyers focus remained on the premium category during the quarter," the report said. "As high prices and elevated interest rates kept homebuyers away from the market in this price-sensitive segment, the lack of supply also played a significant role in curtailing sales volumes," the consultant ..

Realty sector slowdown: Recalibration of launch pipelines in the works

Real estate analysts and research firms have reported the first quarter in 2025 seeing fewer sales than previous years, largely due to rise in home prices

Godrej Properties eyes Rs 1,350 cr revenue from Mumbai housing project

The development will offer approximately 4.4 lakh square feet of saleable area, focusing on premium residential units, with an estimated revenue potential of Rs 1,350 crore

Foreign firms lease 62% of office space in India's top 9 cities: CBRE

Foreign companies rented 111.6 lakh sq ft office space in January-March this year across nine major cities, contributing 62 per cent to the total demand, according to CBRE. Real estate consultant CBRE data showed that the gross leasing of office space rose 5 per cent to 180 lakh sqft in January-March across nine cities as against 171 lakh sqft in the year-ago period. Global corporates accounted for 62 per cent of office space leasing. Out of 180 lakh sqft gross leasing of office space, foreign firms rented 111.6 lakh sqft while domestic firm 68.4 lakh sqft. These nine cities are -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad, and Kochi. Anshuman Magazine, Chairman & CEO -- India, South-East Asia, Middle East & Africa, CBRE, said, "India's office sector is on a solid trajectory for sustained leasing growth, driven by strategic expansions from both domestic and global occupiers." Established hubs like Bengaluru, Hyderabad, Delhi-NCR, and Mumbai ...

Maximize returns in India's office mkt: 'Rs 45,000 cr opportunity awaits'

Bengaluru, Delhi NCR, Mumbai, and Hyderabad account for about 81% of the total investment opportunity

Bollywood filmmaker Subhash Ghai sells 2 flats in Mumbai for Rs 11.6 cr

The residential project is part of the Splender Complex Co-op Housing Society Ltd, developed by Oberoi Realty.

Real estate attracts $1.3bn investment in Jan-Mar, up 31% YoY: Colliers

Office segment drove one-third of the institutional inflows during the first quarter of 2025, at $ 0.4 billion worth of investments

Ultra-luxury home sales grow 483%, affordable segment falls: Knight Frank

The premium housing segment (Rs 1 crore and above) was the key market driver, accounting for 46 per cent of total sales, up from 40 per cent in Q1 2024

Tata Advanced Systems buys 7.4 lakh sq ft land in Karnataka for Rs 29 cr

The firm has purchased the land for aircraft manufacturing - final assembly line including maintenance, repair, and overhaul (MRO)

Over 88,000 homes sold in Q1 2025, 46% of houses sold are above Rs 1 crore

Notably, ultra-luxury homes (Rs 5 crore and above) recorded the highest yearly growth at 483%, increasing from 29 units in Q1 2024 to 169 units in Q1 2025.

ChrysCapital's Kukreja, wife buy Rs 155 cr bungalow in Delhi's Golf Links

Sanjay Kukreja and Shaveta Sharma paid a stamp duty of Rs 9.30 crore for the Rs 155 crore property deal in Delhi's upscale Golf Links area. The property spans 11,250 sq. ft with a plinth area of 7,993

Dhruv Agarwala resigns as CEO of REA India that owns Housing.com, PropTiger

Dhruv Agarwala, the CEO of REA India, that owns real estate classified platform Housing.com, has resigned from the company to pursue his own entrepreneurial journey. In 2011, Agarwala co-founded proptech firm Elara Technologies which owned PropTiger, one of the leading housing brokerage firms in the country. Later in 2017, he acquired Housing.com from Softbank and others. Australia's REA Group acquired Elara Technologies in 2020 and took control of Housing.com and PropTiger. In a statement on Thursday, Australia's REA Group announced that Agarwala has decided to step down as CEO of REA India after 14 years with the business. "Agarwala will remain with the business to support the appointment of his successor and ensure a smooth leadership transition before departing. A comprehensive process to appoint a new CEO is underway," it added. REA Group CEO Owen Wilson noted that Agarwala's leadership has been a key driver of REA India's growth. "Dhruv is an exceptional entrepreneur and ha

Orris Group Usage of ED-S Fosters Ground-breaking Real Estate Engineering Innovations

.