BUSINESS
German IT firm leases 7 lakh sqft office space for Rs 2.9 crore monthly rent in Gurugram
The tenure of the lease is 12 years. The agreement mentions 12 percent escalation in lease rent at the end of every three years.
BUSINESS
DLF gives sales guidance of Rs 20,000-Rs 22,000 crore for FY26; to launch Dahlias phase 2 in Q3FY26
The company executives said that DLF has a very strong launch pipeline for FY2025-2026 and it is expected to launch its new housing projects in Mumbai and Gurugram in the first quarter of FY26 while the second phase of its super-luxury offering The Dahlias in Q3FY26.
BUSINESS
Ex-Indian cricketer Shikhar Dhawan buys super-luxury apartment for Rs 69 crore at DLF’s Dahlias in Gurugram
Documents showed that if computed on the super area basis, then the per square feet rate of the flat is Rs 1,08,631, making the deal one of the costliest transactions in India
BUSINESS
Hyderabad rising: Infra, affordability, economy powering realty surge
These advantages need to be sustained through long-term urban planning and policy support for Hyderabad to realise its future potential, experts said.
BUSINESS
O3 Plus cosmetic founder Vineet Kapur buys bungalow in South Delhi’s Vasant Vihar for Rs 72 crore
The documents showed that the property, located in upscale Vasant Vihar neighbourhood, measures 6,160 square foot (663 square metres) of space. The transaction was registered in the first week of April and the buyers paid a stamp duty of Rs 1.8 crore for the property registration.
BUSINESS
Hyderabad, Delhi-NCR to dominate new mall supply as Tier-I cities look set to add more retail spaces
The ANAROCK note said that with demand-supply imbalance normalizing, mall vacancy rates in top seven cities will stabilize over the next two years near current levels of 8.2 percent, cooling down from a 2021 high of 15.5 percent.
BUSINESS
Bharti Real Estate to invest Rs 20,000 crore in commercial space in Delhi’s Aerocity: CEO
The company plans to develop over 17 million square feet in three phases — Worldmark 2.0, 3.0 and 4.0. Half of the office space in Worldmark 2.0 has already been leased, SK Sayal has said
BUSINESS
Trump Residences Gurugram sells out in a day, secures Rs 3,250 crore
A statement said that the apartments at Trump Residences Gurugram are priced between Rs 8 crore and Rs 15 crore and all 298 homes were absorbed on Day 1 of the launch
BUSINESS
Indo-Pak Standoff: How the real estate sector fares in times of war
Experts said that past wars and conflicts have taught us that war can temporarily slow down market sentiment and freeze decisions, but they cannot break India's real estate market. Due to the Indo-Pak tension, there may be some short-term sluggishness in the market, but there is no question of an outright plunge.
BUSINESS
Indo-Pak tensions could dent north India home sales by 5-10%: ANAROCK
While luxury housing buyers tend to delay purchases in periods of uncertainty, demand for mid-income housing will be the first to recover once normality is restored.
BUSINESS
Indo-Pak showdown: Real estate body offers to build military, housing facilities
CREDAI has offered to assist in the construction of military buildings, bunkers, roads, housing for displaced people, if need arises, within accelerated deadlines.
BUSINESS
Amid Indo-Pak tensions, CREDAI writes to Modi, offers real estate expertise for national infra, proposes swift construction
Tensions escalated after Indian armed forces early on April 7 carried out missile strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir (PoK), including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke, in retaliation for the April 22 terror attack in Kashmir's Pahalgam.
BUSINESS
India's major housing markets see price plateauing after flat quarters
Average prices in Bengaluru rose to Rs 7,881 per sq ft, while in Hyderabad, touched Rs 7,412 per sq ft. In contrast, key mature markets such as Delhi NCR, Mumbai Metropolitan Region, Pune and Chennai, recorded no quarterly change in prices, suggesting a plateauing of prices.
BUSINESS
Prestige Group enters NCR with Ghaziabad project, eyes Rs 12,000 crore revenue
The Prestige City-Indirapuram, a mix of residential and commercial development, will be executed in two phases.
BUSINESS
Distressed deals fuel Adani Realty and Prestige’s hold on Mumbai realty market
Real estate developers like Prestige Estates and Adani Realty, among others, are leveraging stalled projects to make a mark in their non-native market.
BUSINESS
Western India drives 33 percent surge in home deliveries in FY25; Delhi-NCR lags
Data showed that Western India (Mumbai, Navi Mumbai, Thane and Pune) accounted for 55 percent of the total homes delivered in FY25, a rise from 53 percent in FY24 while Southern India (Bengaluru, Chennai and Hyderabad) accounted for a 30 percent share, a rise from 28 percent in FY24.
BUSINESS
Explainer: What New Noida holds for the region's growth
According to Noida and Greater Noida authority officials, demand for land from industrial, commercial, residential and other investment projects has far outstripped supply, and hence expansion is needed. Around 21,000 hectares of land will be required forNew Noida.
BUSINESS
Greater Noida's premium leap; NCR sees unsold stock decline despite price rise
According to Anarock data, average residential prices in Greater Noida increased from Rs 3,340 per square foot (sq. ft.) in Q1 2020 to Rs 6,600 per sq. ft. in the end of Q1 2025. At 92 percent, Noida recorded second-highest average price rise from Rs 4,795 per sq. ft. in Q1 2020 to Rs 9,200 per sq. ft. by Q1 2025. Similarly, Gurugram witnessed an 84 percent jump in prices from Rs 6,150 sq. ft. to Rs 11,300 per sq. ft. in this period.
BUSINESS
Tribeca Developers and Smartworld Developers launch North India's second Trump Residences in Gurugram with an investment of Rs 1,200 crore
Tribeca Developers are India's official licensor of Trump-branded projects, while Smartworld is a Gurugram-based real estate developer.
BUSINESS
DLF plans to double its rental portfolio, eyes Rs 10,000 crore rental revenue by FY30
The company said the occupancy level is almost 93 percent on a weighted average basis across retail and office portfolios. Excluding the SEZ portfolio, it would be close to 97 percent. Retail is healthy at 98 percent, and all the new projects are almost 95 percent pre-leased.
BUSINESS
Job insecurity & rising costs drive drop in housing sales in Delhi-NCR, Bengaluru
Delhi-NCR witnessed an 8 percent annual drop in transactions, while in silicon city sales slid 5 percent, primarily due to the gloomy weather in the IT sector.
BUSINESS
Mumbai leads India's warehousing growth as country sees record 44.9 msf absorption in 2024
According to data by Vestian, a real estate consultancy firm, the absorption in warehousing and logistics sector increased by 19% in 2024 over the previous year, thanks to the strong leasing activities in the second half of 2024.
BUSINESS
Meet the new owners of Lutyens’ Delhi bungalows
Lutyens' Delhi areas like Prithviraj Road, Hailey Road, Amrita Shergill Marg, Aurangzeb Road, Ferozeshah Road, Tees January Marg, Motilal Nehru Marg, Sundar Nagar, Golf Links, Kautilya Marg in diplomatic enclave, and Bhagwan Das Roadare popular the among country’s elite.
BUSINESS
Explainer: Noida circle rate hike: How will your home buying budget be affected?
The proposed hike in circle rates will also have some impact on the sales in the near future because besides increased property rates home buyers will have to pay more stamp duty charges as well, and therefore, increased registration fees.
