Page 7 - Real Estate

Signature Global to invest ₹3,500 cr on land buying, construction: Chairman

Realty firm Signature Global will invest around Rs 3,500 crore this fiscal year on land acquisition in Gurugram region and construction activities as it maintains positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal said. In an interview with PTI, he noted that the Gurugram housing market did face "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, after registering a sharp rally in sales as well as prices during 2022-2024 calendar years. However, Aggarwal strongly believes that the Gurugram housing market would return to normalcy this fiscal year. On the growth plans and targets for 2026-27 fiscal year, he said the company has set a target to achieve 21 per cent growth in sales bookings this fiscal year to Rs 10,000 crore on strong launch pipeline and residual inventories in the under-construction real estate projects. "We will be investing around Rs 2,000 crore on construction activities this ..

Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month

Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation

Nabard acquires leasehold rights to BKC commercial campus for ₹350 crore

Nabard has acquired leasehold rights to a two-building commercial campus in Mumbai's Bandra-Kurla Complex from MTNL under a deal valued at Rs 350.72 crore

Signature Global eyes launches worth ₹15,000 cr in FY27: Pradeep Aggarwal

Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27

Developers seek extension of project timelines amid West Asia conflict

Credai seeks a blanket three to six-month extension for project deadlines, citing disruptions in material supplies and labour availability

DLF profit for March quarter 1% lower, revenue down 49% on lower income

Realty major reports weaker quarterly income even as annual sales bookings remained strong, led by luxury housing projects in Gurugram and Mumbai

Rich Insights from a construction stalwart

In this session, Nitin Lalwani, COO, Aswani Industries, spoke about manufacturing & leadership and provided career guidance.

Delhi-NCR's top malls run full, Mumbai sees sharpest rent surge at 20%

From Zara To Foot Locker, Global Brands Drive India's Premium Mall Boom

Nexus Select Trust Q4 results: NOI rises 12% on strong retail consumption

The Blackstone-backed retail Reit reported strong consumption growth, stable occupancy, and higher distributions amid portfolio expansion plans

Kalpataru's Q4 FY26 profit surges on strong revenue, project completions

The real estate developer reported strong growth in profit, revenue, collections, and pre-sales driven by project completions and improved execution

MMRDA allots two BKC plots to NSE for ₹1,684 crore lease premium

The National Stock Exchange has secured two amalgamated plots in Mumbai's Bandra-Kurla Complex on an 80-year lease for expansion

Nexus Select Trust Q4 results: Operating income rises 12% to ₹499 crore

Realty firm Nexus Select Trust on Tuesday reported a 12 per cent growth in net operating income (NOI) to Rs 498.6 crore and declared the distribution of Rs 346.3 crore among unitholders for the latest quarter ended March. Nexus Select Trust, which is a retail asset-backed Real Estate Investment Trust (REIT), has 19 shopping malls in its portfolio with a gross leasable area of 10.7 million square feet spread across 15 cities in India. During the 2025-26 fiscal, the company's NOI stood at Rs 1,929.6 crore. It has announced the distribution of Rs 1,375.8 crore (Rs 9.081 per unit) for the last fiscal. Nexus Select Trust is aiming to double its portfolio by 2030 and is actively looking for acquisitions. "Aligned with our strategy to double the portfolio by 2030, we recently announced the acquisition of Diamond Plaza mall in Kolkata, with closing expected in the first half of FY27. We have built a robust acquisition pipeline of 8 retail assets across India, two of them are currently unde

Rustomjee Q4 profit falls 19% despite strong growth in revenue, pre-sales

Keystone Realtors reported lower quarterly profit due to legacy projects, while revenue, pre-sales and project additions recorded strong growth

How PM Modi’s appeal could reshape India’s real estate market final

Prime Minister Narendra Modi’s call to revisit work-from-home amid rising oil prices and the West Asia crisis may sound temporary.

₹55 cr homes: Luxury floor prices in South Delhi up 32% in just one year

Luxury builder floors in some of South Delhi's most sought-after colonies have recorded price increases of up to 32% in just one year, according to a report by Golden Growth Fund.

Office Reits tap hospitality to strengthen integrated campus ecosystems

Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development

Godrej Properties aims 14% rise in pre-sales in FY27: Pirojsha Godrej

Godrej Properties is expecting to maintain its growth trajectory on strong consumer demand for homes and has set a target to achieve a 14 per cent increase in pre-sales this fiscal to Rs 39,000 crore, its executive chairperson Pirojsha Godrej said. In an interview with PTI, he highlighted that the company has performed very well during the last four years on key financial and operational metrics and said the company sees "no hindrance" in meeting the growth target for the current fiscal despite global uncertainties. However, Pirojsha said the company would remain "watchful" and "careful" to uncertainties caused by West Asia conflict for making any adjustment in its business plan. "We are feeling pretty good about the year ahead. Of course, we have to be a little bit careful with what happens globally. But, overall, feeling pretty good about where things stand at the moment. Demand continues to be quite strong," he said. Pirojsha noted that the Indian real estate market is witnessin

Oberoi Realty's Q4 FY26 net profit jumps 62.35% amid higher revenues

Oberoi Realty posted strong Q4FY26 earnings driven by higher revenues and bookings, while its board approved raising up to Rs 4,000 crore through NCDs

Indiabulls Real Estate entities settle matter with Sebi for ₹10.5 crore

Sebi settled proceedings against four entities linked to Indiabulls Real Estate after they collectively paid Rs 10.5 crore in a fund diversion case

NeoLiv's Faridabad plotted project clocks ₹1,251 crore sales in hours

NeoLiv said its luxury plotted township project in Faridabad was sold out within six hours of launch, driven by HNIs, NRIs and investors