Real Estate

Blackstone-backed ASK Property Fund exits Mahagun's project for ₹650 cr

ASK Property Fund has exited Mahagun's Noida project with Rs 650 crore, earning a 21 per cent IRR, as the stalled development sees revival following NCLT relief

Emkay Global initiates coverage on Kalpataru with 'Buy', sees 48% upside

Emkay Global has set a target price of ₹420, implying an upside of 48 per cent from March 23 closing price of ₹283 on the NSE

₹2.9 cr flats: Shapoorji Pallonji launches 137-unit project in Santacruz

Premium housing push continues as SPRE launches project near BKC

Nifty Realty down 5%; Lodha, DLF, Prestige Estates fall up to 6%: Check why

The Nifty Realty index tanked over 34 points or 4.8 per cent to the day's low at 662.85

Godrej, Lodha acquire 25+ land parcels; eye ₹1 lakh crore housing pipeline

Housing boom fuels land rush among top real estate developers

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

Realty firm Paranjape Schemes Construction Ltd will invest Rs 700 crore to develop four projects in Pune as part of its expansion plan. In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings. "Collectively, the upcoming launches represent a development potential of over 1.75 million sq ft across nearly 1400 residential units, with an estimated revenue potential of approximately Rs 1,175 crore...," Paranjape Schemes said. The company will invest around Rs 700 crore to build these 1400 units, said Amit Paranjape, Director-Business Development, Paranjape Schemes Construction Pvt Ltd. The festive season has traditionally been an important time for homebuyers in India, as it represents new beginnings and long-term investments for families, he added. "Alongside our new launches, we are also actively developing three large integrated townships that will shape the next phase of urban

TARC unveils Rs 3,600 cr housing project in Gurugram

The launch follows RERA approval for an additional phase

TARC expands its Gurugram project with launch of lshvara

lshvara marks the completion of a masterplan envisioned as a cohesive residential ecosystem defined by openness, proportion and architectural discipline

Hormuz effect: Your luxury flat will get pricier as construction costs soar

Shipping disruption pushes up construction costs, delays projects

Hormuz blockade may lead to increase in ultra-luxury house prices by 5%

Forced reroutes from Hormuz for ships carrying construction material may raise input costs, delay timelines and push up ultra-luxury housing prices in key cities

Homeland Group, VRC acquire Mohali land parcels for over ₹1,000 crore

Homeland Group and VRC acquire two prime land parcels in Mohali via GMADA auction, planning large mixed-use projects with premium residential and commercial spaces

Capgemini sells five Andheri office assets to Quest Coworks for ₹56 cr

The transaction involves five office units in Akruti Softech Park, located in the MIDC Marol Industrial Area-one of Mumbai's key commercial hubs.

Gulshan group ties up with IHCL for Taj-branded residences in Noida

Realty firm to invest ₹1,000 crore in project, with construction expected to be completed by 2031 and strong demand from high net-worth buyers

Conversational AI startup VerbaFlo raises $7 million led by Pi Labs

Funds will be used to expand in the US and other markets, invest in product development, and scale the team of the real estate-focused AI platform

Godrej Properties acquires 20 acre land parcel in Bengaluru, eyes ₹1,350 cr

Company plans to develop a premium residential project in Whitefield with an estimated revenue potential of ₹1,350 crore

Godrej Properties acquires 20 acre land in Bengaluru, eyes ₹1,350 crore

Realty firm Godrej Properties Ltd has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore. In a regulatory filing on Wednesday, the company said it has acquired a 20-acre land parcel in East Bengaluru. Godrej Properties did not mention the land cost. "The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately Rs 1,350 crore," the company said. Godrej Properties, one of India's leading real estate developers, has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, and Hyderabad. The company sells housing plots in smaller cities.

Actor Prabhu Deva sells 2 luxury flats in Mumbai's Mahalaxmi for ₹14.8 cr

Prabhu Deva sells two Mumbai luxury flats for ₹14.8 crore, marking an estimated 2-3x appreciation since 2012

Luxury high-rises drive Delhi property values up 27%, rentals up 7-9%

Developers like DLF, TARC, Godrej, and Unity Group are capitalizing on the rising demand for high-rise residential homes in New Delhi.

West Asia crisis: Reality check gets India on investors' realty list

UAE citizens, NRIs, family offices, regional investment groups evaluating India to broaden their allocation strategies

Smaller towns to drive next growth cycle in Indian housing market: Report

India's tier II-III cities are expected to drive the next cycle of growth in the housing market as demand in big cities has been affected due to a surge in home prices post-COVID pandemic, according to Square Yards. Real estate consultant Square Yards has come out with a report 'India's Next Real Estate Growth Cycle: The Rise of Tier-2 and Tier-3 Cities', which pointed out that affordability to buy homes across major cities have been impacted badly because of a huge price rally during 2022-24. Limited new supply of affordable and mid-income homes in the seven major cities -- Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, Hyderabad, Chennai and Kolkata -- has made matters worse. "India's residential market is entering a structurally distinct phase. The post-pandemic premium cycle that powered accelerated price appreciation across metro markets is now showing signs of stabilisation," the report pointed out. In several tier-1 corridors, Square Yards said, the price growth has