Page 6 - Real Estate

Stock rerating for Godrej Properties hinges on sustaining sales momentum

The stock gained 1.6 per cent on Friday after reporting its fourth quarter (Q4) numbers but slipped on Monday

Birla Estates receives bookings of ₹650 crore at Bengaluru project

Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli

Lodha Developers expects ₹2 trillion revenue from monetisation of land bank

Realty firm Lodha Developers Ltd's existing land bank has the potential to generate about Rs 2 lakh crore revenue in the coming years, and the company will now invest less on further land acquisition, improving free cash flow. In the last few years, Lodha Developers has been aggressively acquiring land, both through outright purchases and joint ventures with land owners. In its latest operational update, Lodha Developers informed that the company acquired 12 land parcels during the last 2025-26 fiscal across Mumbai Metropolitan Region (MMR), Bengaluru and Delhi-NCR. These 12 land parcels will be used to develop projects, mainly housing, with an estimated revenue potential or gross development value (GDV) of Rs 60,000 crore. During the 2024-25 fiscal year, the company acquired 10 land parcels, having a revenue potential of Rs 23,700 crore. "As of 1st April 2026, the company has a GDV amounting to Rs 2 trillion available for sale (excluding land bank in townships which will not be us

China's Evergrande Group founder pleads guilty to fraud in downfall

Evergrande Group's founder Hui Ka Yan had been accused of a litany of crimes including illegally absorbing public deposits and fundraising fraud

RIICO's land policies attract investors to Rajasthan, draw strong demand

The Direct Allotment Scheme-2025 was launched in January 2025 and is applicable until December 2026

High streets outpace malls as 7 cities log 4.3 mn sq ft leasing: Report

India's retail real estate market is shifting towards experience-led formats, with high streets outperforming malls in H2 2025 as leasing demand stays strong across top seven cities

RMZ Group's $35 billion plan in India: Data, AI, offices, and homes

RMZ Group plans $35 billion investment across data centres, AI infrastructure and real estate, while exploring IPO to fund long-term growth

Time for change: If nominees can sell shares, why not real estate?

If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate

Hawelia Group gets nod to complete stalled housing project in Greater Noida

Realty firm Hawelia Group on Sunday said it will invest Rs 770 crore to complete a 22-acre stalled housing project in Greater Noida, with the company getting nod from the Uttar Pradesh Real Estate Regulatory Authority. Hawelia Group's takeover of this stalled project will benefit more than 2000 homebuyers whose investments have been stuck for many years. Delhi-NCR-based Hawelia Group had, in 2023, entered into an understanding with the existing promoter of the stalled project of SJP Infracon's 'Shri Radha Sky Gardens' for completion of this project. The company had approached the Uttar Pradesh government, seeking approval to become a co-promoter in this stuck project. In a statement, Hawelia Group said it has received approval from UP-RERA to complete this project. "Hawelia Group will invest Rs 770 crore to complete this project and aims to complete all 2,064 residential units within the stipulated timeline," the company said. The project is expected to be completed in 42 to 48 .

Signature Global cuts net debt by 77% to ₹200 cr on better cash flow

Realty firm Signature Global Ltd has reduced its net debt by 77 per cent in the last fiscal to Rs 200 crore on better cash flow. According to its latest operational update, Signature Global's net debt was Rs 200 crore at the end of 2025-26 against Rs 880 crore as of March 31, 2025. "The company has Rs 2,770 crore of cash and cash equivalents as of March 31, 2026, which enables a very strong balance sheet position to strategise our foreseeable future," the company said. Signature Global, which was the fifth-largest listed real estate firm in 2024-25 in terms of sales bookings, has a significant presence in Gurugram. Recently, Signature Global and RMZ group finalised their equal joint venture to develop a commercial project in Gurugram, with the latter infusing Rs 1,293 crore for a 50 per cent stake. The company would use part of this fund to pare debt. The JV will invest around Rs 7,500 crore to develop this 18-acre upcoming commercial project. Pradeep Kumar Aggarwal, Chairman of

NCLAT backs project-specific insolvency proceedings against realty firms

The National Company Law Appellate Tribunal has reaffirmed that insolvency proceedings initiated by homebuyers against realty firms must remain confined to the specific project where default has occurred and cannot extend to other projects of the corporate debtor. The appellate tribunal highlighted that putting all other projects of the realty firms, which are unrelated to the default, is not in the interest of homebuyers and other stakeholders of other projects. "The law is well settled that when financial creditors, homebuyers who belong to one project and who file a Section 7 application on account of default committed by the corporate debtor with respect to the project, the CIRP has to confine to the said projects," said the National Company Law Appellate Tribunal (NCLAT). A two-member NCLAT bench, while deciding an appeal by Navin M Raheja, said jeopardising unrelated projects would not serve the interests of homebuyers and stakeholders elsewhere, making clear that the corporat

ED seizes ₹6.3 crore in money laundering probe linked to real estate fraud

The Enforcement Directorate (ED) has seized Rs 6.3 crore in cash and jewellery worth Rs 7.5 crore following searches against a Delhi-based real estate company accused of defrauding homebuyers and currently undergoing insolvency proceedings, officials said on Saturday. The action under the Prevention of Money Laundering Act (PMLA) was launched on Friday and 10 premises of former directors, promoters and associated entities of the company -- Earth Infrastructures Ltd. (EIL) -- in Delhi and Gurugram were covered. The company, according to official records, has been undergoing a corporate insolvency resolution process (CIRP) since June 2018. According to the ED officials, the money laundering case against the former directors and promoters of the company was initiated after taking cognisance of five Delhi Police (Economic Offences Wing) FIRs, apart from a complaint filed by the Serious Fraud Investigation Office (SFIO), the investigation arm of the Ministry of Corporate Affairs. The ED

Godrej Properties logs record bookings, business development in FY26

Developer reports highest-ever bookings, collections and business development in FY26, driven by strong housing demand, robust launch pipeline and sustained momentum across key metro markets

Explained: Property transfers in UP just got more affordable, hassle-free

Extension of jurisdiction to complaints arising from unregistered projects effectively neutralises a structural loophole that developers have relied upon to circumvent statutory oversight.

Aditya Birla Real Estate jumps 7% on NCD redemption; Emkay sees 27% upside

Given the company's strong cash flow visibility, execution capabilities, and corporate governance, the brokerage believes the stock is likely to trade at a premium to its net asset value (NAV)

Godrej Properties FY26 pre-sales up 16pc to record Rs 34,171 cr

Godrej Properties Ltd on Friday reported a 16 per cent increase in its sales bookings last fiscal to a record 34,171 crore on strong demand for its housing units. In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26. Godrej Properties had set a target of achieving Rs 32,500 crore pre-sales in the last fiscal. "FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties said in a regulatory filing. The sales bookings in Mumbai Metropolitan Region (MMR) stood at Rs 10,313 crore last fiscal, followed by Bengaluru (Rs 8,802 crore), Delhi NCR (Rs 7,410 crore), Pune (Rs 3,659 crore) and Hyderabad (Rs 2,360 crore). Gaurav Pandey, MD & CEO, Godrej

Real-estate major Prestige group may look at Reit as office rentals rise

Land prices remain key factor

HoABL launches 1% payment plan to boost Naigaon housing demand near Mumbai

HoABL introduces a 1% monthly payment plan for its Naigaon project to reduce upfront costs, improve loan access, and attract entry-level homebuyers amid affordability concerns

Dalcore to invest ₹500 cr in first YOO-branded residences in North India

Developer eyes a topline of Rs 1,450 cr, with units priced at Rs 10 cr and above

Sarovar Hotels taps branded residences, aims over 400 hotels in 5 years

Hospitality firm explores branded residences as a new growth vertical while targeting over 400 hotels globally in the next three to four years amid rising premiumisation trends