Page 7 - Real Estate

Office tower in Dubai named after Shah Rukh Khan sold out for Rs 5000 crore

The project - 'SHAHRUKHZ by Danube', located on Sheikh Zayed Road - is being developed at a cost of around Rs 3,500 crore and will be completed by 2029.

Brookfield India Reit raises ₹3,500 cr via QIP to fund expansion plans

The Reit's manager has approved the allotment of about 10.93 crore units to successful eligible institutional investors at an issue price of ₹320 per unit

Sumadhura Group inks ₹600 cr pact with T'gana to develop 100-acre project

Signed at the Telangana Rising Global Summit 2025, held at Bharat Future City, the commitment aligns with the state's vision to transform Telangana into a $3 trillion economy

Top Luxury IT/ITES Projects in Noida: Exotica One32 Leads the Pack

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Birla Estates aims for top 3 spot in core markets with ₹45,000 cr pipeline

Aditya Birla group's realty arm eyes commercial scale-up via partnerships

Birla Estates' premium Gurugram proj worth ₹1,800 cr sold out in 24 hrs

Birla Estates' premium Gurugram project Birla Pravaah sold out within 24 hours of launch, generating over Rs 1,800 crore in sales across 492 units as demand for premium homes stays strong

India home prices to rise 6%, luxury boom seen fading within 5 years: Poll

India is short of about 10 million affordable homes, a gap that is projected to triple by 2030, according to Knight Frank, a real estate consultancy

₹3.9 lakh/home: Tier-2 spend hits 74% of metro levels in home interiors mkt

Furniture, modular formats take 45% share of India's ₹2.75-lakh-cr market

L&T begins realty consolidation, to move Realty BU to L&T Realty arm

L&T has approved transferring its Realty BU to wholly owned L&T Realty through a slump sale under a scheme, kicking off a phased consolidation of all real estate assets under one entity

JLL leases 1.2 lakh sq ft at Prestige Skytech, Hyderabad for ₹64 lakh/month

The agreement includes a 15% rental escalation after three years from the rent commencement date.

Blackstone-backed Nexus Select Trust eyes three malls in eastern India

Blackstone-backed mall operator eyes expansion in Kolkata, Patna, Ranchi and Guwahati as it moves to double its portfolio to 30 malls by 2030

Smartworld enters Noida with 6-acre land buy; ₹2,000 cr project planned

The company said that the project will have a total development cost of ₹2,000 crore, with the gross sale value projected at over ₹3,000 crore

Worli emerges as India's ultra-luxury housing hub with ₹5,500 crore sales

An Anarock-360 One Wealth report shows Worli leading India's ultra-luxury housing market, logging ₹5,500 crore in sales of ₹40-crore-plus homes over two years amid major land and project activity

Worli leads India's ultra-luxury housing boom with ₹5,500 cr sales: Report

Over the past three years, more than 20 deals worth over ₹100 crore have been closed in Worli

Shubhashish Homes Enters Indore, Secures 32-Acre Township Deal

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Kartik Aaryan's family on buying spree-New ₹11 cr office bought in Mumbai

Bollywood actor Kartik Aaryan's family has added another big-ticket commercial asset to its growing real estate portfolio, with his parents purchasing an office unit worth ₹10.83 crore in Ville Parle

No near-term triggers for building materials as Q2 growth stays muted

Building materials companies logged mid single-digit Q2FY26 growth amid monsoon disruption, weak retail demand. Brokerages remain split on an H2 rebound as pricing, PVC and competition stay in focus

Birla Estates partners Sikka Group to co-develop ₹1,600 cr Noida project

Birla Estates has tied up with Sikka Group to co-develop a ₹1,600-crore Greater Noida housing project, leveraging new revival policies that allow creditworthy developers to take over stalled projects

Migsun to invest ₹250 cr to build commercial project on Yamuna Expressway

Realty firm Migsun Group will invest Rs 250 crore to develop a commercial project in Yamuna Expressway region. In a statement on Wednesday, the company said it has launched a commercial project, comprising retail and office spaces, on the Yamuna Expressway corridor. The expressway connects Noida and Greater Noida with Agra. The company will invest Rs 250 crore to develop the project. Migsun Group Managing Director Yash Miglani said, "Over the last few years, the Yamuna Expressway has quietly transformed into one of India's most exciting growth zones. With industries moving in, infrastructure taking shape, and the Noida International Airport redefining the region's future, the momentum is unmistakable." Migsun Group has delivered over 40 projects across the Delhi-National Capital Region.

India's luxury boom gets new postcodes: Where rich buyers are moving next

In terms of price segments, luxury demand is strongest in the ₹2-3 crore and ₹3-5 crore brackets