02 Feb 2026

Bengaluru-based real estate developer Abhee Ventures has acquired a 45-acre prime land parcel in Gunjur, East Bengaluru, to develop a large-format luxury residential township, marking a significant step in its expansion strategy. The acquisition reflects the developer's confidence in the long-term growth potential of Bengaluru's eastern corridor, supported by major infrastructure projects such as the upcoming Peripheral Ring Road, Metro connectivity on Sarjapur Road and the proposed SWIFT City development. Envisioned as a master-planned residential community, the project will feature premium homes, expansive green spaces and lifestyle-oriented amenities. Ahead of the launch, Abhee Ventures has also associated with industry veteran Ashwinder R. Singh to strengthen institutional systems, brand positioning and go-to-market strategy, reinforcing its ambition to scale up as a Category A residential developer in the luxury housing segment.Read more

Bangalore News Desk

02 Feb 2026

Assetz, a Bengaluru-based real estate developer, has launched a new luxury residential project in south-eastern Bengaluru, offering three-bedroom apartments starting at INR 2.3 crore. The development, named Melodies of Life Apartments, is spread over about 3 acres off Hosa Road, around 15 minutes from HSR Layout, and comprises 204 homes with sizes between 1,827 and 1,853 sq ft. The project features lifestyle-oriented amenities, including a dual clubhouse of nearly 38,000 sq ft, and sports facilities such as padel and pickleball courts, designed to appeal to buyers seeking luxury living in a low-rise, nature-integrated setting. Assetz said the design blends native landscaping, high-quality materials and community-centric planning. The project forms part of the developer's broader strategy in Bengaluru, where it has delivered and planned over 50 million sq ft of residential space, emphasising low-density planning and sustainability features.Read more

Lucknow News Desk

31 Jan 2026

The Lucknow Development Authority (LDA) has opened registrations for its new premium housing project, Narmada Apartment, in Gomtinagar Extension. The project will offer 300 luxury 3BHK flats with study rooms and 12 penthouses. Prices start at INR 1.4 crore for flats and INR 2.8 crore for penthouses, with flexible payment plans over 36 months. The complex will include modern amenities such as a clubhouse, gym, swimming pool, children's play area, and ample parking. Construction is expected to be completed in about three years, with possession in five years.Read more

31 Jan 2026

Shree Barsana Dham Foundation organised a mass marriage ceremony for 101 daughters in Barsana, Uttar Pradesh, under the Mukhyamantri Samuhik Vivah Yojana, with special support from Signature Global (India) Ltd. The initiative was aimed at supporting families from economically weaker sections by facilitating dignified marriages while upholding cultural traditions and social values. Held in the presence of saints, spiritual leaders and community representatives, the ceremony reflected a collaborative effort between social institutions and corporate stakeholders. Signature Global's involvement formed part of its broader commitment to social responsibility and inclusive development beyond its core real estate business. The event witnessed strong participation from local communities and volunteers, highlighting the role of collective action in reducing social and financial pressures on families and strengthening community welfare initiatives.Read more

30 Jan 2026

Prestige Estates Projects Ltd has reported a significant rise in its consolidated net profit for the third quarter of the current financial year, driven by a sharp increase in income during the October-December period. The Bengaluru-based real estate developer posted a net profit of INR 244.7 crore, marking a nearly eight-fold growth compared to the corresponding quarter of the previous year. The strong profit performance was supported by a substantial expansion in total income, which more than doubled year-on-year. The latest financial results underline the company's improved operational performance amid sustained demand across key real estate segments. Prestige Estates continues to remain one of the prominent developers in the Indian property market, with a diversified presence across residential, commercial, retail and hospitality assets.Read more

30 Jan 2026

Suraj Estate Developers Limited posted a steady operational performance for the quarter and nine months ended December 2025, supported by strong commercial sales momentum and sustained demand in South-Central Mumbai. The company's recently launched Suraj One Business Bay recorded sales of around 40,000 sq ft within 45 days, translating into a sales value of approximately INR 200 crore against a total gross development value of INR 1,200 crore. During the nine-month period, sales area rose 56 per cent year-on-year to 1.03 lakh sq ft, while sales value increased 38 per cent to INR 487 crore. The developer also strengthened its land bank through acquisitions in Bandra West and received international recognition for its residential development capabilities.Read more

29 Jan 2026

Aditya Birla Real Estate Ltd reported a higher consolidated net loss for the December quarter, weighed down by a sharp fall in income during the period. The company posted a net loss of INR 75.31 crore for the three months ended December, widening from a loss of INR 42.37 crore recorded in the corresponding quarter of the previous financial year. Total income during the quarter declined significantly to INR 90.33 crore from INR 208.64 crore a year earlier, reflecting subdued operational performance. Separately, the board approved a change in the company's finance leadership, appointing Keyur Shah as Chief Financial Officer with effect from early March, following the superannuation of the current CFO. The developments come amid a challenging operating environment for listed real estate developers.Read more

29 Jan 2026

Infrastructure major Larsen & Toubro (L&T) reported a marginal decline in consolidated profitability for the December quarter of FY26, even as revenue growth remained robust and the order book expanded sharply. The company posted a consolidated profit after tax of INR 3,215 crore, down 4.2% year-on-year, primarily due to higher operating expenses during the quarter. Revenue from operations, however, increased to INR 71,450 crore from INR 64,668 crore in the year-ago period, reflecting strong execution across projects. Total expenses rose to INR 65,729.76 crore, exerting pressure on margins. Meanwhile, L&T's consolidated order book stood at INR 7.33 lakh crore at the end of December, marking a 30% annual increase, with international projects accounting for nearly half of the total.Read more

29 Jan 2026

Lodha Developers Ltd reported a marginal increase in consolidated net profit for the December quarter of FY26, supported by higher income and strong pre-sales momentum. The Mumbai-based real estate developer posted a net profit of INR 956.9 crore, up 1% from INR 944.4 crore in the corresponding quarter last year, according to a regulatory filing. Total income during the quarter rose to INR 4,775.4 crore from INR 4,146.6 crore a year earlier. The company also crossed the INR 5,000 crore mark in quarterly pre-sales for the first time, reflecting sustained demand across key markets. During the quarter, Lodha entered the Delhi-NCR region as part of its expansion strategy, positioning itself across India's four largest residential markets, which together account for a significant share of housing sales by value.Read more

29 Jan 2026

Sunteck Realty has posted a 34 per cent year-on-year increase in consolidated net profit to INR 56.83 crore for the third quarter of the current financial year, supported by a sharp rise in income and steady sales bookings. Total income nearly doubled to INR 356.04 crore, while quarterly bookings increased to INR 734 crore. The company also strengthened its development pipeline with a new land acquisition in Andheri, Mumbai, adding to two earlier projects announced during the year, with a combined revenue potential of about INR 5,000 crore.Read more