BUSINESS
Marriott International and Vardhman Amrante ink deal to debut Westin Hotels & Resorts in Punjab
The hotel will comprise of 200 keys and will function under the brand “Westin Hotels and Resorts”. The development cost is estimated to be approximately Rs 260 crore, the company said.
BUSINESS
NRI contribution to DLF business rises 27% on-year in FY25
India’s largest listed real estate company saw record sales booking of Rs 21,223 crore in FY25. The NRI contribution is the strongest since COVID-19 downturn
BUSINESS
Return-ready assets reign: Delhi-NCR's commercial market attracts global investor influx
According to industry estimates, SCO projects are thriving across the region, with many already operational in Gurugram, Noida, Greater Noida and Faridabad. Gurugram, in particular, has seen significant expansion, dedicating 71.6 acres of land to SCO development over the past two years.
BUSINESS
South Delhi independent floor prices double in just 3 years
Experts say that the redevelopment potential of south Delhi is worth Rs 5.65 lakh crore across 42 MCD regulated colonies.
BUSINESS
Yamuna Expressway Authority to launch 4,000 affordable housing plots priced at Rs 7.5 lakh near Noida Airport
According to Authority officials, these plots are located in Sectors 17, 18 and 20 near the upcoming Noida International Airport in the Jewar region along Yamuna Expressway. The scheme is meant for factory workers working in Yamuna Expressway region and also for those with an annual income of Rs 3 lakh.
BUSINESS
Private equity firm Blackstone acquires Kolkata’s South City Mall for Rs 3,250 crore
Spanning over one million square feet, South City Mall features a vast array of international and Indian brands and generates an average annual turnover of over Rs 1,800 crore.
BUSINESS
India's realty sector may touch $1 trillion by 2030: CREDAI president Shekhar G Patel
The real estate market, which has shown signs of consolidation, is likely to bounce back strongly by July-August, the Confederation of Real Estate Developers’ Association of India president said
BUSINESS
CREDAI launches Green India Council, plans green building certification
Green India Council will roll out a CREDAI-developed green building certification system. It will target Tier-2 and 3 city developers who often cannot afford IGBC, GRIHA, or LEED certifications
BUSINESS
Housing supply in Tier-2 cities falls 35% in Q1 2025; sub-Rs 50 lakh homes hit hardest
State capitals saw a 90 percent drop in the supply of units priced under Rs 50 lakh and a 13 percent fall in the supply of units priced between Rs 50 lakh and Rs 1 crore in Q1 2025, a PropEquity report said.
BUSINESS
DLF set to launch luxury project Privana North in Gurugram amid high interest from HNIs, NRIs
Industry insiders estimate that Privana North will offer over 1,100 ultra-luxury units, each priced upwards of Rs 9 crore, while penthouses are expected to fetch around Rs 25 crore each.
BUSINESS
From outskirts to opulence: NCR's satellite towns emerge as luxury realty hotspots
Fuelled by infrastructure development, areas like the Dwarka Expressway region, sectors along Noida-Greater Noida Expressway, Sohna Road, New Gurugram, the Yamuna Expressway region and Southern Peripheral Road (SPR) are now emerging as new realty hotspots.
BUSINESS
The shrinking apartment: Why does your new home not measure up?
According to ANAROCK, the average loading factor in apartments across India's top seven markets has increased significantly, climbing from 31 percent in 2019 to 40 percent in Q1 2025. The average loading factor is the difference between the super-built-up area and carpet area.
BUSINESS
Godrej subsidiary Shaula Real Estates buys duplex apartment worth Rs 225.75 crore in Worli Sea Face
The duplex unit has a carpet area of 9,214 sq. ft. (856 square metre) and a balcony of 1,227 sq. ft. (114 sqm). The total built-up area of the apartment is 11,485 sq. ft. (1,067 sqm). The apartment comes with six car parking spaces.
BUSINESS
Beyond vacations: Nainital, Shimla & Rishikesh emerge as top second home destinations
Market observers note that these tourist destinations present an attractive proposition for second homes and long-term investments due to their lower entry costs and robust appreciation potential.
BUSINESS
Repo rate cuts may drive HNI investors towards Real Estate AIFs, say experts
AIFs are privately pooled funds that invest in non-traditional assets like private equity, hedge funds, and real estate. They offer niche, high-risk, high-reward opportunities suited for experienced investors.
BUSINESS
RBI policy: Rate cut will reduce borrowing costs, spark housing demand, boost real estate, say experts
The Monetary Policy Committee reduced the repo rate by 50 basis points from 6 percent to 5.50 percent, the third straight rate cut this year
BUSINESS
Premium real estate soars in India as NRIs, HNIs drive demand; top developers lead the way
The growing demand for premium and luxury housing is being effectively addressed by established, listed developers with a strong track record of timely delivery and compliance-driven operations.
BUSINESS
Global Capability Centres fuel India's office boom, driving record leasing and innovation hubs
In 2024, GCCs alone leased 28 msf, fuelling a record 77.2 msf of office leasing. This represented a 15.2% YoY increase.
BUSINESS
Sales value of tier-II properties rises despite a fall in transactions during Q1 2025
Coimbatore, with 52 percent growth, saw the highest increase in sales value at Rs 1,120 crore in Q1, 2025, followed by Lucknow at 48 percent, Gandhi Nagar 36 percent, Mohali and Goa at 17 percent each, Ahmedabad and Bhubaneshwar at 7 percent each and Kochi 5 percent.
BUSINESS
Bird Group’s Roseate Hotels plans acquisitions in France, Italy and Dubai; expands India presence
The move comes close on the heels of its recent acquisition of Beechfield House, Wiltshire, in the UK. Dubai, Mumbai, Goa and Bengaluru among potential destinations.
BUSINESS
Ashiana Housing launches premium residential project ‘Ashiana Aravali’ in Jaipur
The ticket prices for 4BHK and 3BHK apartments in Ashiana Aravali project in Jaipur will start from Rs 2.55 crore and Rs 1.75 crore respectively.
BUSINESS
Real estate sector backs Draft Registration Bill 2025 as path to transparent property market
Real estate stakeholders said that the move reflects a serious intent to simplify procedures, bring in transparency, and reduce the administrative burden on homebuyers, investors, and developers alike.
BUSINESS
Home-buying sentiment strengthens in south and west India, says Knight Frank survey
The study found that access to health and educational amenities ranked high among decision-making factors. Kolkata (80%) and Hyderabad (81%) also saw robust purchase intent, driven by long-term security considerations
BUSINESS
Data centre boom: $20-25 billion investment to take capacity to 4,500 MW by 2030
From 15.9 million square feet, data centres' real estate footprint is expected to grow to 55 msf by 2030, Colliers has said in a report. Mumbai and Chennai cumulatively account for two-thirds of the current capacity
