Page 9 - Real Estate

Net office absorption in 6 major cities to hit record high in FY26: Report

The top cities are Bengaluru, Chennai, Delhi National Capital Region (NCR), Hyderabad, Mumbai Metropolitan Region (MMR), and Pune

Luxury home prices jump 40% in 3 years-NCR leads with a massive 72% surge

Unsurprisingly, MMR currently has the highest average price in all housing categories across the top 7 cities. The avg. price for homes priced > Rs 1.5 Cr currently stands at INR 40,200/sq. ft.;

Launches boost presales growth of top real estate developers in Q2

Listed players relatively insulated from overall housing sales moderation: Analysts

Casagrand sponsors London trip for 1K employees under reward programme

Casagrand sends 1,000 employees on a fully sponsored week-long London trip under its Profit Share Bonanza, reinforcing its people-first and recognition-led culture

CPPIB-backed IndoSpace Core adds six logistics parks in India for ₹3,000 cr

The acquisition adds 9 msf of leasable space across major cities and expands IndoSpace Core's portfolio to 22 msf, reinforcing its position in India's industrial and logistics market

IndoSpace Core acquires six logistics parks across India for ₹3,000 cr

CPP Investments and IndoSpace joint venture IndoSpace Core on Tuesday announced the acquisition of six industrial and logistics parks valued at Rs 3,000 crore (471 million Canadian dollars). The six parks, located across key logistics markets, including Bengaluru, Chennai, Delhi, Mumbai, and Pune, collectively span 380 acres with a leasable area of around 9 million sq ft feet, the company said. Set up in 2017 to acquire and develop logistics facilities across India, IndoSpace Core is co-owned by supply chain infrastructure platform IndoSpace and Canada Pension Plan Investment Board (CPP Investments), which holds a 93 per cent stake in the JV (joint venture). CPP Investments will commit Rs 1,400 crore (217 million Canadian dollars) to fund the acquisition, it said. The latest acquisition strengthens the JV's position as India's largest operator of stabilised industrial and logistics real estate, the company said. "India's logistics sector continues to benefit from strong structural

Dream Sports' parent firm leases 169,000 sq ft office space in Worli

The transaction has a lock-in period of 36 months. The company has also paid a common area maintenance (CAM) deposit of Rs 1.26 crore

Sunteck Realty enters Dubai's market with ultra-luxury project pipeline

Mumbai co launched apartments at ₹250 crore apiece in Mumbai in Sept

Central Park to invest ₹2,000 cr in luxury residential project in Gurugram

People in the know told Business Standard that the ticket prices for the studio apartments would range between Rs 3 crore and Rs 5 crore, while that for 3 and 4 BHK apartments would be ₹11 cr, ₹15 cr

Pvt credit emerges key growth driver for India's real estate: Knight Frank

Institutional investors include family offices and global private equity firms

Embassy Developments to launch 6 residential projects valued at ₹10,300 cr

The developer plans six residential launches and a ₹5,000 crore pre-sales target as demand stays strong in the city's northern market

Central Park Estates to invest ₹2,000 cr in new Dwarka Expressway project

Realty firm Central Park Estates will invest Rs 2,000 crore to develop a luxury housing project in Gurugram as part of its expansion plan. Central Park, owned by The Bakshi Group of Enterprises, which has presence in real estate, infrastructure, hospitality and automotive industries, has launched a new project 'Delphine' in Sector 104, Dwarka Expressway. The company will develop six towers in this project, spread across 7.85 acres, in three phases. In a statement on Monday, the company said the total investment would be Rs 2,000 crore through internal accruals and bank loans. The construction will start in 2026, and the project is expected to be completed by 2032. The development will be executed in three phases with an estimated sales realisation of Rs 3,500 crore, it said. Amarjit Bakshi, Chairman and Managing Director, Central Park, said, "Our entry into Dwarka Expressway is a step towards developing Gurugram's next luxury hub, where infrastructure, design and investment pote

County Group buys 5 acre plot in Noida for ₹475 crore for housing project

Realty firm County Group has bought 5-acre land in Noida through auction for around Rs 475 crore to develop a housing project, sources said. The land, located in Sector 151, Noida, was acquired by the group through auction conducted by the state government, they added. County Group is planning to develop only 226 residential units in this upcoming project, with a total development area of more than 11 lakh square feet. The group delivered over 40 lakh square feet across three housing projects in 2024. In 2025, it has launched two major projects Ivory County, a 63-lakh square feet luxury project in Sector 115, Noida, and Jade County, on 30 lakh square feet in NH24, Ghaziabad. County Group is one of the leading real estate developers in the Delhi-NCR market. Land prices have surged in Noida and Greater Noida markets on the back of many infrastructure projects, including the upcoming international airport. The development authorities of Noida and Greater Noida authorities are moneti

ATS HomeKraft provides ₹1,250 cr exit to HDFC Capital's HCARE-2 fund

The ATS group developer cleared dues to HCARE-2 entirely through project cash flows, highlighting strong demand and healthier balance sheets in mid-income housing

MahaRERA issues SOP to fast-track compensation recovery for homebuyers

MahaRERA introduced a detailed SOP to ensure faster compensation recovery from developers, with strict timelines, stronger enforcement, and option of court action in cases of persistent non-compliance

Godrej Properties buys Nagpur land parcel with ₹755 cr revenue potential

The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance

India's real estate may get institutional investments of ₹5-7 bn in 2025

Institutional investments in Indian real estate totalled $4.3 billion in the first nine months of 2025, a 9% Y-o-Y decline

SC's green clearance ruling recall could push ahead stalled projects

The Supreme Court's recall of its May 2025 ruling on retrospective environmental clearances eases demolition fears for hundreds of projects and offers relief to homebuyers, developers and lenders

Godrej Properties acquires 75 acres in Nagpur, eyes ₹755 cr revenue

Realty firm Godrej Properties has acquired 75 acre land in Nagpur to develop a housing project with an estimated revenue of Rs 755 crore. The company will mainly sell housing plots in this upcoming project. In a regulatory filing on Friday, the company informed that it has surpassed Rs 20,000 crore annual target of new business development for this fiscal year after the latest purchase of 75 acres in Nagpur, Maharashtra. In the real estate sector, the new business development means acquisition of land parcels, through outright purchases or tie-ups with land owners, to build projects in future. Listed real estate developers generally disclose the estimated saleable area and revenue potential of land parcels they acquire. Godrej Properties noted that this is the third land acquisition in the city over the past four years. The upcoming project in Nagpur will have an estimated saleable area of around 1.7 million sq ft, with a revenue potential of about Rs 755 crore. Gaurav Pandey,

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible