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6 hours ago
Bengaluru-based real estate developer Brigade Enterprises Ltd has announced its entry into the industrial real estate segment with the launch of a 25-acre industrial park in Devanahalli, North Bengaluru. The proposed development, titled Brigade Industrial Park, will offer around 2 million square feet of leasable space aimed at high-growth sectors such as aerospace and defence, IT and IT-enabled services, and data centres. The company did not disclose the investment required for the project. In a separate development, the company's managed workspace subsidiary BuzzWorks has leased 550 office seats to Dublin-based regulatory technology firm MyComplianceOffice in Hyderabad, taking BuzzWorks total leased office footprint in the city to approximately 1.1 lakh square feet. Brigade Enterprises continues to expand its presence across multiple real estate segments including residential, commercial and hospitality projects.Read more
10 hours ago
Gera Developments has appointed Rajesh Yashwant Shirwatkar as its new Chief Financial Officer to strengthen the company's financial leadership as it expands its real estate operations. Shirwatkar will oversee financial planning, strategy, treasury, compliance, and governance. At the same time, Swapan Mukherjee has been elevated to the position of Group Chief Financial Officer and will supervise financial operations across the broader organisation. The leadership changes are aimed at strengthening the company's financial structure and improving oversight as the Pune-based developer continues to scale its residential development portfolio.Read more
16 Mar 2026
Puravankara Limited's associate, KVN Property Holdings LLP, has obtained registration from the Karnataka Real Estate Regulatory Authority (KRERA) for the new residential project Northern Lights by Puravankara KVN in the Hitech, Defence and Aerospace Park area of North Bengaluru. The approval covers all three phases of the development and clears an important regulatory step required to start marketing and sales. The project is expected to be officially launched soon, adding to the company's expanding housing portfolio in Bengaluru, a city that continues to see strong demand for residential space.Read more
16 Mar 2026
Delhi-NCR based real estate developer Gaurs Group reported sales bookings worth INR 5,347 crore during the first nine months of FY2025-26, marking a 12 per cent increase compared with INR 4,786 crore recorded during the same period of the previous fiscal. The company sold around 5.92 million square feet of property across 2,578 units between April and December of the ongoing financial year, with residential developments contributing nearly 95 per cent of total bookings. Company officials attributed the performance to sustained demand for planned residential developments in the National Capital Region. Gaurs Group, which is currently unlisted but is considering a future initial public offering, has developed more than 100 million square feet of real estate and delivered over 75,000 homes across 70 projects. The company continues to expand its development pipeline, particularly along the Yamuna Expressway corridor.Read more
16 Mar 2026
Godrej Properties has acquired a 44-acre land parcel in Coimbatore to develop a premium plotted residential project with an estimated revenue potential of around INR 450 crore. The project will offer housing plots with a developable potential of about 1.1 million square feet. The company secured the land through an outright purchase but has not disclosed the acquisition cost. The development is part of the company's strategy to expand plotted developments in high-growth cities across India. Coimbatore's stable economic base and strong end-user demand have been key factors influencing the company's entry into the market.Read more
16 Mar 2026
Real estate developer DLF Ltd has reported property sales worth about INR 5,250 crore to non-resident Indian (NRI) buyers during the first nine months of FY2025-26, accounting for roughly one-third of its total sales bookings during the period. According to the company's investor presentation, DLF recorded overall pre-sales of INR 16,176 crore between April and December of the current financial year, with NRI buyers contributing around 32.5 per cent. The share of overseas buyers has increased significantly in recent years, supported by demand for premium residential projects launched by the developer in markets such as Gurugram, Mumbai and the Chandigarh tri-city region. Industry estimates suggest NRI buyers typically account for about 10-15 per cent of housing sales in major Indian property markets, indicating a comparatively higher share in DLF's projects.Read more
15 Mar 2026
Inspira Realty, a subsidiary of Inspira Global, has launched its luxury residential project Inspira One at Bandra Bay in Mumbai with an estimated gross development value (GDV) of around INR 1,000 crore. The project features 3 and 4 bedroom residences and has been designed through collaborations with international architecture and design firms. Architecture and fade design have been led by AXS Design under designer Yann Leroy, while interiors are curated by Studio HBA of Hirsch Bedner Associates. Landscape planning has been undertaken by Site Concepts International Inc. The development is positioned as a design-led luxury residential project and forms part of Inspira Realty's strategy to expand its presence in Mumbai's premium housing segment. Located in the Bandra Bay area, the project incorporates amenities such as rooftop recreational spaces and dedicated lifestyle facilities.Read more
15 Mar 2026
Smartworld Developers has awarded a construction contract worth INR 1,000 crore for its branded luxury project, Trump Residences Gurgaon, marking the start of structural construction at the site. The development, located on a 11.7-acre parcel in Sector 69, Gurugram, will comprise two 51-storey residential towers housing 298 ultra-premium apartments with a total built-up area exceeding 1.2 million sq ft. The company said excavation at the site has been completed and an initial INR 300 crore tender has already been issued as part of the phased construction plan. The project recorded strong initial sales, with the developer reporting bookings worth approximately INR 3,250 crore following the launch. Trump Residences Gurgaon is the second Trump-branded residential project in the city after Trump Towers Gurugram and forms part of Smartworld Developers expansion in the branded ultra-luxury housing segment.Read more
15 Mar 2026
Sanghvi Realty has received the completion certificate for Sanghvi Aria, its boutique residential project located in Prabhat Colony, Santacruz East. The development comprises 51 one- and two-bedroom apartments across two G+7 buildings on a 0.5-acre plot. With the completion certificate in place, the project is ready for possession, offering homebuyers a ready-to-move option in a well-connected western suburb of Mumbai. Apartment carpet areas range from 457 sq ft to 741 sq ft, with one-bedroom units priced from INR 1.56 crore. The project is located close to key transport and commercial hubs, including Bandra Kurla Complex, the Western Express Highway and the city's airport, making it attractive for professionals and families seeking connectivity and established social infrastructure.Read more
15 Mar 2026
The rapid transformation of Dwarka Expressway is prompting developers such as MRG Group to expand their focus on premium residential projects along the corridor. Once considered a peripheral stretch in Gurugram, the 29-km expressway connecting Delhi's Dwarka with Gurugram has emerged as one of NCR's most significant infrastructure corridors, improving connectivity to key residential sectors and the Indira Gandhi International Airport. Strong infrastructure development, rising interest from affluent buyers and growing transaction values in the luxury housing segment are driving this shift. Industry reports show that luxury home sales in Gurugram have surged significantly, with Dwarka Expressway recording a dramatic rise in transaction activity. Developers are increasingly focusing on low-density, lifestyle-oriented communities that cater to evolving homebuyer expectations.Read more