02 Jul 2026

Prestige Group has signed a Letter of Intent (LOI) with HSBC to develop a new integrated office campus at Prestige JRC Signature Towers on Bengaluru's Outer Ring Road. Under the proposed 20-year arrangement, HSBC will occupy around 1.2 million sq ft across two office towers, reflecting sustained demand for premium office space in India's leading commercial markets. The project, which is currently under construction and expected to be completed by October next year, is subject to definitive agreements and regulatory approvals. The move also strengthens Bengaluru's position as a preferred destination for global capability centres (GCCs).Read more

02 Jul 2026

• Godrej Properties has acquired a 47-acre land parcel in South Chennai through an outright purchase, expanding its residential development portfolio in one of the city's fastest-growing corridors.
• The project will primarily comprise plotted residential developments with an estimated developable potential of 1.2 million sq ft and a revenue potential of around 500 crore.
• Located off Old Mahabalipuram Road (OMR), the site offers connectivity to major employment hubs, including SIPCOT and the Siruseri IT corridor, along with established social infrastructure.
• The acquisition aligns with Godrej Properties' strategy of expanding in high-growth residential markets by developing well-planned communities in locations driven by infrastructure growth and sustained housing demand.Read more

01 Jul 2026

Kalpataru Projects International Ltd (KPIL) and its international subsidiaries have secured new orders worth INR 2,957 crore across the transmission and distribution (T&D), buildings and factories, and water business segments. The contracts cover power transmission projects in India and overseas, building and factory developments in India, and a water infrastructure project in the Middle East secured through a joint venture or consortium. The latest order book also marks KPIL's strategic entry into the Middle East water sector. The company said the diversified order inflows strengthen its business pipeline and support its growth outlook for FY26–27 across domestic and international markets.Read more

01 Jul 2026

Embassy Office Parks REIT has expanded its hospitality portfolio with the opening of a 211-room Hilton Garden Inn at Embassy TechVillage on Bengaluru's Outer Ring Road. The hotel has been developed to cater to the growing accommodation needs of business travellers visiting the integrated office park. The addition strengthens Embassy REIT's hospitality presence while also expanding Hilton's footprint in Bengaluru. Embassy REIT continues to diversify its portfolio beyond office assets with operational hotels, upcoming hospitality projects and renewable energy infrastructure across key commercial markets in India.Read more

01 Jul 2026

• Reliance Industries' entry into the redevelopment of Mumbai's 101-acre Juhu Galli slum cluster has renewed optimism among residents after years of stalled rehabilitation efforts.
• The project is expected to provide more than 28,000 rehabilitation homes while transforming one of Mumbai's largest informal settlements into an integrated urban neighbourhood.
• Despite renewed confidence following the selection of a financially strong developer, residents remain cautious about execution timelines, transit arrangements and timely rehabilitation.
• The redevelopment marks a significant shift in Mumbai's housing sector, with large corporate groups increasingly participating in complex slum renewal projects under Maharashtra's cluster redevelopment policy.Read more

01 Jul 2026

Embassy Developments will invest approximately INR 1,500 crore to develop a 3 million sq ft Grade A office complex in Bengaluru as part of its strategy to expand its commercial real estate portfolio and create recurring rental income. The project forms the first phase of a planned 6 million sq ft office development spread across 35 acres. Managing Director Aditya Virwani said the company expects to complete the first phase over the next three years while continuing to focus on residential development. The announcement comes amid sustained demand for premium office space from Global Capability Centres (GCCs) and multinational occupiers, with the developer also targeting residential project launches worth around INR 20,000 crore during the current financial year.Read more

01 Jul 2026

Sunteck Realty has incorporated a new wholly owned subsidiary, Eminara Buildcon Private Limited, as part of its ongoing expansion of its corporate structure. The subsidiary will undertake construction, real estate and allied activities, with Sunteck Realty holding 100% ownership through a cash subscription to equity shares. The incorporation follows a series of similar subsidiary formations by the company over the past year, reflecting its strategy of creating dedicated entities for project execution and business expansion while maintaining full ownership and operational control.Read more

30 Jun 2026

Prestige Estates Projects has reported approximately INR 65,000 crore in unrecognised revenue, reflecting robust residential sales recorded over the past three financial years under its existing revenue recognition policy. The Bengaluru-based developer achieved record pre-sales of INR 30,024 crore in FY2025-26, a 76% increase over the previous year, and is targeting sales bookings of INR 35,000–36,000 crore in the current financial year. Chairman Irfan Razack said the company is evaluating a shift from the completion method to the percentage-of-completion method for recognising revenue, subject to discussions with auditors. With a launch pipeline valued at around INR 58,000 crore and continued demand for housing, the developer expects stronger business performance, although project launches will remain dependent on statutory approvals.Read more

30 Jun 2026

Oberoi Realty has entered the Delhi-NCR residential market with the launch of its first luxury housing project, 'Three Sixty North', on Golf Course Extension Road in Gurugram. The two-phase development has a total revenue potential of INR 16,000 crore and will require an investment of around INR 6,000 crore. The first phase comprises 832 apartments across six towers, with prices starting at INR 19 crore. The Mumbai-based developer said the project marks a significant step in expanding its presence beyond its stronghold in the Mumbai Metropolitan Region.Read more

30 Jun 2026

Century Real Estate has announced Century Immencity, a mixed-use development spanning more than 50 acres in Jakkur, North Bengaluru, with a planned built-up area of around 11 million sq ft. The project will integrate residential, commercial, retail, hospitality and lifestyle components within a single development and will be executed in phases. The first phase, comprising around one million sq ft each of residential and commercial space, is already under construction. Located along the International Airport Road corridor, the development is expected to benefit from planned metro connectivity and surrounding infrastructure projects. Century Real Estate said the project has been designed with international planning consultants and aims to accommodate businesses, residents and visitors within an integrated urban environment.Read more