23 Apr 2026

Imperial Realty and Developments has introduced Auramah Valley, a luxury second-home project in Himachal Pradesh, targeting growing demand from high-net-worth individuals (HNIs) and non-resident Indians (NRIs). Spread across over 100 acres of pine forest, the development offers 2 to 5 BHK residences with freehold ownership and RERA approval. The project integrates residential, hospitality and managed services, including a boutique hotel and lifestyle facilities, reflecting a shift towards “parallel living” formats. The launch comes amid increasing preference for domestic second homes, driven by urban stress, lifestyle shifts and regulatory complexities in overseas markets. The developer aims to position the project as a fully serviced, long-term residential ecosystem within India’s emerging luxury mountain housing segment.Read more

23 Apr 2026

Sunteck Realty Ltd reported a 27% year-on-year increase in consolidated net profit at INR 63.75 crore for the March quarter of FY26, supported by higher income growth. Total income for the quarter rose to INR 348.88 crore from INR 217.83 crore in the corresponding period last year. For the full financial year, net profit increased to INR 204.36 crore, reflecting a 36% rise, while total income grew to INR 1,168.62 crore from INR 902.67 crore in FY25. The performance indicates continued momentum in revenue realisation for the Mumbai-focused developer, amid steady demand in the residential real estate segment.Read more

23 Apr 2026

Shapoorji Pallonji Real Estate (SPRE) will host a two-day property expo in Gurugram, bringing together residential projects from six major Indian cities, including Mumbai, Pune and Bengaluru. The event will showcase a range of offerings spanning apartments, villas and plots, with ticket sizes ranging from INR 60 lakh to INR 25 crore. The initiative comes amid sustained investor interest and evolving buyer preferences towards multi-city investment opportunities. The expo is designed to enable prospective buyers to evaluate projects across markets, engage with developers and access advisory support at a single platform. The company expects participation from both end-users and investors, reflecting continued traction in residential real estate demand.Read more

23 Apr 2026

Viyaara Realty has completed and delivered its residential project, The Nest – Smart Cozy Homes, in Taloja ahead of the committed RERA timeline. The project, launched in mid-2022, saw all 325 units sold, indicating strong buyer demand in the micro-market. Spread across 1.5 acres, it offers a mix of 1 BHK and 2 BHK units along with select configurations. Located in a growing Navi Mumbai node, the development benefits from strong connectivity and upcoming infrastructure projects. With smart home features and lifestyle amenities, the project reflects changing buyer preferences toward tech-enabled and efficient living spaces.Read more

Mumbai News Desk

22 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has received bids from four major developers for a prime six-acre land parcel in Lower Parel, with a base lease price of INR 1,348 crore. The land is being offered on a long-term lease under DCPR 2034 provisions, with the selected bidder required to rehabilitate existing occupants. The move follows a Supreme Court ruling that confirmed BMC’s ownership after a long legal dispute. The proposal is currently under review, with final approvals pending before the project moves to the next stage.Read more

22 Apr 2026

Prestige Estates Projects Ltd has reported strong initial sales for its newly launched residential project in Hyderabad, indicating sustained housing demand in the city. The company sold more than 1,700 units within a short span, generating over INR 2,500 crore in sales value. The project has a large development scale and is expected to contribute significantly to the company’s future revenue pipeline. This performance also builds on the firm’s record sales bookings achieved in the previous financial year, reflecting consistent buyer interest across key markets.Read more

Mumbai News Desk

22 Apr 2026

The Maharashtra Housing and Area Development Authority has proposed a large-scale redevelopment covering 923 acres across several housing layouts in Mumbai. The plan is aimed at upgrading ageing colonies and rehabilitating over 75,000 residents once the projects are completed over the next 5 to 10 years after execution. The redevelopment will be implemented through a construction and development agency model, while MHADA remains the planning authority. Key areas include Charkop, Gorai, Bandra Reclamation, Motilal Nagar and others, with in-situ rehabilitation planned for eligible residents.Read more

22 Apr 2026

Gautam Adani-led Adani Group will receive 17 lakh sq m of free sale area in the 143-acre Motilal Nagar redevelopment project in Goregaon, Mumbai, with total investment estimated at INR 1 lakh crore. The project, to be executed over 10–15 years, will generate 28 lakh sq m of built-up space, with over 10.5 lakh sq m allocated for rehabilitation of existing residents and MHADA. The development, awarded under the CD&A model, will include mixed-use components and is expected to significantly increase housing supply, while rehabilitating 5,000 tenements and expanding occupancy to around 25,000 families.Read more

22 Apr 2026

Goswami Infratech, part of the Shapoorji Pallonji Group, has likely secured investor support to extend repayment of its high-yield debt by two months. The company had earlier raised INR 143 billion through bonds from global private credit funds and now has an outstanding of INR 83.43 billion. The extension request comes amid delays in its planned USD 2.8–3.1 billion fundraising due to rising hedging costs. Most investors are said to be aligned with the proposal without seeking additional returns, indicating continued confidence in the group’s repayment strategy despite near-term liquidity challenges.Read more

21 Apr 2026

Panchshil Realty has secured Integrated Management System certification across 12 office parks spanning approximately 16.6 million sq ft in Pune and other locations. The certification covers four ISO standards ISO 9001, ISO 14001, ISO 45001, and ISO 41001 across assets including IT parks, SEZs, and mixed-use developments. The portfolio also includes three office parks under Ventive Hospitality Ltd. The certification applies to end-to-end facility management services and reflects adherence to global operational, environmental, and safety benchmarks as the developer expands its commercial real estate footprint.Read more