Noida News Desk

06 Mar 2026

Delhi-NCR based Gaurs Group has unveiled a strategic investment of INR 100 crore to establish a precast concrete manufacturing facility in Noida, Uttar Pradesh, aimed at enhancing construction capabilities and accelerating project delivery timelines. The company has signed a memorandum of understanding (MoU) with Elematic India, the Indian arm of Finland-based precast technology provider Elematic Group, in an event attended by senior dignitaries including Finland's prime minister. Spread over a roughly five-acre site, the plant will produce advanced precast concrete components such as slabs, columns, beams and walls, and is expected to be operational within about six months. Gaurs Group has also placed advance orders for modular bathrooms and kitchen pods worth around INR 150 crore to supply ongoing developments. The move represents a backward integration drive to improve quality, efficiency and construction productivity across the group's residential pipeline.Read more

05 Mar 2026

Godrej Properties has expanded its development pipeline by acquiring an 11.36-acre land parcel in Sector 63A, Gurugram, and winning an e-auction for a 5-acre site off EM Bypass in Kolkata. The Gurugram project is expected to generate over INR 4,500 crore in revenue, while the Kolkata development has a revenue potential of around INR 1,650 crore. With these additions, the company's total estimated future sales potential for the financial year has crossed INR 40,000 crore, significantly exceeding its initial business development guidance.Read more

05 Mar 2026

Sambhav Homes and Infrastructure, part of the e-Cosmos Group, has outlined plans to deliver more than 1,050 acres of development-ready land across Tamil Nadu, Karnataka and Maharashtra. The company recently handed over an 85-acre parcel in Hosur to ESR Group for its upcoming advanced manufacturing park. With a pipeline of nearly 600 acres and projects under various stages of development, Sambhav is focusing on industrial parks and warehousing hubs in key manufacturing and logistics markets, offering plug-and-play land parcels to Grade A asset managers.Read more

05 Mar 2026

India's leading listed real estate firms have seen a strong rise in sales bookings during the first nine months of this fiscal, primarily driven by demand for luxury and premium homes. The top five players Godrej Properties, Prestige Estates, DLF, Lodha Developers, and Signature Global accounted for nearly two-thirds of total pre-sales, amounting to over INR 83,800 crore. Smaller developers also contributed significantly. Post-pandemic, buyers have shown preference for financially stable brands. While volume of sales fell in 2025, the value increased due to price growth and higher-end launches.Read more

04 Mar 2026

TARC Ltd is on track to generate INR 4,500 crore from its ultra-luxury residential project, TARC Kailasa, in Delhi, reflecting strong market demand and limited housing supply. Launched in 2024, the project spans six acres in Kirti Nagar and includes five towers with 385 units priced between INR 11 crore and INR 14 crore. The company has invested INR 250 crore so far, and construction costs will be met internally. Expected completion is March 2030. TARC also plans gradual launches of other projects from its substantial Delhi-NCR land bank.Read more

04 Mar 2026

Vedaanta Senior Living has partnered with the Sameera Group to launch Vedaanta Ananta, a senior living community in Chengalpattu, Tamil Nadu, with an investment of INR 50 crore. The project will feature 69 low-density villas for independent seniors, located within the existing Sameera Universe township. Prices for the villas will start at around INR 50 lakh, excluding statutory charges. Vedaanta already runs multiple senior living communities across southern India and has several others under development. The project aims to cater to growing demand for structured senior living options in Tamil Nadu.Read more

04 Mar 2026

Casagrand has announced the launch of Casagrand Keystone, a premium gated residential project at Rakkiyapalayam, off Avinashi Road in Tiruppur, marking the developer's entry into the city's organised, amenity-led housing segment. Spread across 2.2 acres, the project comprises 142 two- and three-bedroom apartments housed in a B+G+5 floor development and supported by 48 indoor and outdoor amenities. Homes are being offered at a starting price of INR 5,199 per sq ft, positioning the project within Tiruppus emerging premium residential market. The development allocates over 1.3 acres to open spaces, including a central park and a clubhouse with recreational and wellness facilities. Registered under TN RERA No: TNRERA/32/BLG/0042/2026, the project is aimed at homebuyers seeking gated community living with integrated social and lifestyle infrastructure in a well-connected location.Read more

03 Mar 2026

Sattva Group has announced the pre-launch of Sattva Vasanta Cove, a one-acre residential development within its Sattva Urbana township in North Bengaluru, targeting young professionals and first-time homebuyers. The project comprises a single triangular tower with 200 studio and one-bedroom apartments spread across 12 floors, with prices starting from INR 54 lakh. Located around five minutes from Kempegowda International Airport, the development is positioned amid expanding employment clusters and ongoing infrastructure upgrades in North Bengaluru. The launch coincides with sustained growth in the micro market, supported by airport-led economic activity, metro expansion, road upgrades and increasing office absorption. Industry estimates indicate residential price appreciation of 15-25 per cent in the region over the past three to four years, underlining rising end-user and investor interest.Read more

Pune News Desk

03 Mar 2026

Kolkata-based Merlin Group has acquired a 3.26-acre land parcel in Mundhwa, near Koregaon Park in Pune, for INR 273 crore, according to property registration documents. The transaction was registered in the past week, with stamp duty of INR 19.11 crore paid. The acquisition has been executed through the group's subsidiary, Merlin Prime Spaces. The developer plans to invest over INR 1,000 crore, including land cost, to build a commercial office project targeting BFSI occupiers and global capability centres. The project is expected to be completed by 2030 and could command a valuation of around INR 3,000 crore upon full occupation. The deal adds to Merlin Group's growing Pune portfolio, where it has been active since 2021 across commercial, mixed-use and premium residential segments, amid rising developer interest in the Mundhwa Koregaon Park corridor.Read more

03 Mar 2026

State-owned NBCC (India) has entered into agreements with the Delhi Development Authority (DDA) to redevelop staff housing colonies at Old Rajinder Nagar and Safdarjung Development Area in New Delhi at an estimated project cost of INR 775 crore. The redevelopment will be undertaken on a self-sustainable model, under which a portion of the newly created built-up area will be monetised to fund construction, while the remaining area will be handed back to DDA for staff use. The two projects together will deliver a total built-up area of 1.66 lakh sq metres. NBCC will act as project management consultant and implementing agency, overseeing the projects from master planning and approvals to construction, quality audits and commissioning, in compliance with prevailing planning and construction norms.Read more