Real Estate

Land deals up 48% in 2024, Delhi-NCR leads the pack

More than 40 land deals were reported in the Delhi-NCR micro-market, with Gurugram accounting for 60 percent of the transactions followed by Noida and Greater Noida

Why affordable housing remains a bright spot in India’s housing sector

Affordable housing in India is growing rapidly, driven by government initiatives, urbanisation, and evolving consumer behaviours. With strong government support, technological advancements, and rising demand, affordable housing is poised to remain a key pillar of India's housing finance sector

Budget 2025: Real estate sector seeks industry tag, single window clearance, tax rebate on housing loan interest

Market observers anticipate reforms such as tax rebate on housing loan interest, revision in the GST input tax credit rules and introduction of a simplified single-window clearance system will give further impetus to the sector

Macrotech Developers acquires 20-acre land parcel in Bengaluru; eyes Rs 2,800 cr sales

Mumbai-based Macrotech Developers, which markets its properties under the Lodha brand, has been acquiring land through outright purchases as well as forming partnerships with landowners for the joint development.

Is Now the Best Time to Buy your Dream Home? | Housing Market Insights & Rate Cuts Explained

Will lower rates make home loans more affordable, or are there risks to consider? In this episode of Realty Returns we discussed with Niranjan Hiranandani, Chairman-Hiranandani Group and Naredco & Ravi Shankar Singh, Managing Director, Residential Transaction Services, Colliers India how upcoming changes could affect the housing market, what buyers need to know, and how to make the best decision in uncertain times. Stay tuned for expert insights and tips to navigate the property market in 2025!

Strata receives SEBI nod to launch small and medium REITs, plans to launch six schemes in FY26

Strata plans to launch up to six SM REIT schemes in FY26, and ramp it up to one every month subsequently

Puravankara buys 3.6-acre land parcel in Bengaluru's Kanakapura Road

The land parcel is expected to have a saleable area of 5.42 lakh square feet, with a gross development value of around Rs 700 crore, Puravankara has said

Aditya Birla Real Estate says no impact on Niyaara project after Supreme Court setback

The Supreme Court bench of Justices Vikram Nath and Prasanna B. Varale overturned a Bombay High Court order from 2022, which had ordered the BMC to formally transfer the five acre land parcel to Aditya Birla Real Estate Ltd (then Century Textiles) after the latter filed a writ petition in 2017

Looking for a south Mumbai address for less than Rs 4 cr ? Try these neighbourhoods

Despite popular perceptions that the south Mumbai market, arguably India's most sought-after address, is only a hub for ultra-luxury projects, some developers have aimed for the under Rs 4 crore "affordable luxury" segment.

All you need to know about Greater Noida Authority’s residential plots scheme

The registration for the residential plots scheme has started and the last date to apply is January 25. The cost of these residential plots ranges between Rs 27 lakh and Rs 2 crore.

Puravankara appoints Deepak Rastogi as new group CFO; to join January 15

Rastogi will join the firm from Pune-based chemicals firm Deepak Fertilisers and Petrochemicals Ltd, where he serves as the president and group CFO

SKA Group plans Rs 150-cr luxury housing project in Ghaziabad, eyes Rs 900-cr revenue

Located along Delhi-Meerut Expressway, the project “SKA Divine” will spread across 5 acres of land. It will feature 536 luxury apartments across 27 floors in three towers.

Upcoming Film City near Noida Airport to feature luxury villas for actors, outdoor sets and a university

Filmmaker Boney Kapoor has recently submitted a master plan consisting of the layout for the Film City project’s first phase spread across 230 acres, to the Yamuna Expressway Industrial Development Authority for approval. The construction work is likely to begin at the site from January end after the approval of the master plan.

DLF, Oberoi Realty poised to achieve robust sales in Q3FY25, says Morgan Stanley

Morgan Stanley in its report expected a growth of 20-35 percent Quarter-On-Quarter (QoQ) in sales for Delhi NCR-based realty major DLF Limited and Mumbai-based Oberoi Realty. It said that pre-sales of 150 units at DLF’s Dahlias project for Rs 120 billion (Rs 12,000 crore) and 13 units at Oberoi’s 360 West project are “positive surprises”.

Renting in the world’s tallest slum redevelopment building | The Tenant

In this episode of The Tenant, meet Kaustubh, a student from Ujjain who moved to Mumbai for his master's. He lives in a 1BHK, 300 sqft apartment with two other students. Watch as he shares his journey of renting in a slum redevelopment building for ₹24,000/month, the challenges of small spaces, great views, and adjusting to Mumbai's fast-paced lifestyle. From food expenses to navigating public transport, find out why he believes vada pav is the only true value for money in the city.

Anarock to double office leasing team to 100 professionals this year amid rising demand for workspaces

Mumbai-headquartered Anarock entered into office leasing segment in April 2024

New office space supply falls 6% to 451.5 lakh sq ft across top 8 cities in 2024: Report

New supply declined in Delhi-NCR, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad, while it jumped in Mumbai and rose marginally in Bengaluru

Brigade plans a Rs 2,700 crore GDV residential project on Bengaluru's Whitefield Road after a 20-acre land buy

Brigade's project at Whitefield will have a total saleable area of around 2.5 million square feet, and a land cost of Rs 630 crore, purchased through subsidiary Ananthay Properties.

Office net absorption grows 18% to nearly 50 million sq ft in 2024; vacancy drops slightly amid tech recovery

Led by leasing from companies setting up large-scale global capability centres in cities like Bengaluru, Delhi NCR, Pune, and Hyderabad, tech companies made a partial recovery in terms of sectoral demand while demand from flex space operators rose sharply.

Under-construction luxury housing properties see up to 55% YOY price growth, Gurugram leads

New luxury launches in cities like Gurugram, Noida and Bengaluru also witnessed significant increase. With approximately 16,140 luxury units, new launches in Gurugram increased by more than 1.5 times in 2024.

Smartworks expands in Gurugram with Rs 94 crore office lease ahead of IPO

This marks Smartworks’ fourth managed campus in Gurugram, in addition to its existing campuses at Golf View Corporate Towers on Golf Course Road, RK 4 Square in Cyber City, and ASF Insignia at Vatsal Valley.

As Delhi laps up luxury high-rises, sales jump 25% YoY

Over the past 4-5 years, the number of luxury high-rise residential apartments have gone up significantly, with several high-rise projects dotting the skyline of Delhi that traditionally used to be a 'low-rise' city.

As Mumbai's civic body cracks down on dust-spewing construction projects, developers shore up their act

Developers' bodies have instructed members to shore up their environment management plans, in accordance with latest guidelines from the BMC. Some projects have been affected by the construction ban in Byculla and Borivali (East), including 13 projects being executed by MHADA.

Mumbai sees uptick in SEZ leasing following denotification

Leasing in SEZ-notified buildings in the Mumbai Metropolitan Region was around 1.42 million square feet in the first nine months of the financial year.