Bangalore News Desk

20 Apr 2026

Sowparnika Projects is in advanced discussions to raise INR 500 crore to fund its expansion across South India, with plans to develop around 5.5 million sq ft over the next 18-24 months. The Bengaluru-based developer is targeting a near doubling of its revenue from around INR 850 crore to INR 1,500 crore by FY27. The capital raise is expected to be backed by institutional investors and will support growth across key markets including Bengaluru, Kerala and Tamil Nadu. The company operates in the mid and upper-mid residential segments, with a significant share of demand coming from first-time homebuyers.Read more

Mumbai News Desk

20 Apr 2026

Suraj Estate Developers has acquired a land parcel in Dadar West, Mumbai, for a total consideration of INR 18 crore, comprising a cash component and area-sharing with landowners. The acquisition will be redeveloped into a residential project with an estimated gross development value (GDV) of around INR 100 crore. The site, located in the G/North ward, falls within a key South-Central Mumbai micro-market with established demand and connectivity. The project is expected to add approximately 0.18 lakh sq ft of saleable area and strengthen the company's near-term development pipeline within its core operating region.Read more

18 Apr 2026

Srishti Group has introduced limited-period festive offers across its residential projects, Craft d Srishti in Nahur (West) and Srishti Oasis in Bhandup (West), aligned with the Akshaya Tritiya buying season. The scheme includes financial incentives such as zero GST, no floor rise charges, spot discounts, and a flexible payment plan, alongside a 10 gm gold coin for buyers. The developments are located along the Goregaon-Mulund Link Road (GMLR), a key infrastructure corridor expected to improve east west connectivity in Mumbai. The offer window remains open until the end of the current month, targeting both end-users and investors.Read more

18 Apr 2026

Crietor Group has launched The Skye, a luxury residential development in Kozhikode, Kerala, with a total project value of approximately INR 250 crore. Spread across 10 acres at Kashmir Kunnu, the project will comprise 62 villas with plot sizes ranging from 7 to 12 cents and built-up areas between 3,200 sq ft and 5,700 sq ft. Prices start from INR 2.6 crore, excluding statutory charges. The development includes a 22,000 sq ft clubhouse, recreational amenities, and internal infrastructure designed for low-density living. The company has also appointed Shriya Saran as brand ambassador, reflecting its positioning in the premium housing segment.Read more

17 Apr 2026

Kalpataru Ltd has recorded a 6% year-on-year increase in sales bookings to INR 1,833 crore for the fourth quarter of FY26, compared to INR 1,724 crore in the corresponding period last year. For the full financial year, the Mumbai-based developer reported a 17% rise in pre-sales to INR 5,280 crore from INR 4,531 crore in FY25. The growth reflects sustained housing demand across key markets where the company operates. The performance underscores continued momentum in residential sales despite varying market conditions through the fiscal year.Read more

17 Apr 2026

Brigade Enterprises Ltd has signed a joint development agreement for an 8.63-acre land parcel in Gunjur, East Bengaluru, as part of a larger 39-acre integrated residential township planned in the Whitefield Sarjapur corridor. The project is estimated to generate a gross development value (GDV) of approximately INR 7,200 crore. The township will be developed through a mix of outright land purchases and joint development agreements. The location has seen sustained residential demand driven by infrastructure upgrades, connectivity improvements, and proximity to key employment hubs, making it a significant micro-market in Bengaluru's eastern growth corridor.Read more

17 Apr 2026

Signature Global has entered into a licensing agreement with Italian brand Tonino Lamborghini to develop a branded luxury residential project in Sector 71, Gurugram. The project, spread over 12.40 acres, will comprise 812 apartments under the Tonino Lamborghini Residences Gurugram branding. This marks the brand's entry into India's residential real estate market. The commercial arrangement includes a fixed fee payable in instalments along with a performance-linked component. The developer has not disclosed the project investment. The development reflects the continued expansion of branded residences in India's premium housing segment, particularly in Gurugram, where developers are increasingly partnering with global lifestyle brands to position projects in the upper-end market.Read more

17 Apr 2026

ASBL has initiated the Expression of Interest process for its upcoming high-rise gated residential project at RTC X Roads in Hyderabad. The development is positioned in a central location with strong metro, rail, bus, and airport connectivity, along with proximity to Hussain Sagar Lake and key social infrastructure. Spread across 7.98 acres, the project includes three towers of G+50 floors with about 1,500 units, large open spaces, and extensive amenities. It offers 3 and 4 BHK homes in multiple configurations. The launch follows ASBL's previous projects that recorded strong sales performance in Hyderabad's residential market.Read more

16 Apr 2026

Shree KB Group has announced an investment of approximately INR 422 crore for the development of a retail-led commercial project, KB West Walk, in Greater Noida West. Spread across around 2.9 acres, the project will offer a total leasable area of 7.5 lakh sq ft and comprise nearly 1,290 units available for sale and lease. The investment includes about INR 122 crore towards land acquisition and INR 300 crore for construction. Expected lease rentals have been estimated at INR 250 per sq ft. The development is scheduled for completion by October 2030 and reflects continued investor interest in organised retail infrastructure in high-density residential catchments of the National Capital Region.Read more

15 Apr 2026

Arisinfra Solutions Ltd has entered into a five-year agreement with Capacite Infraprojects Ltd for the procurement of construction materials valued at a minimum of INR 800 crore. Reported in the past week, the arrangement will see Capacite source materials through Arisinfra's digital platform across multiple infrastructure, commercial, and real estate projects. The partnership formalises and expands an existing relationship under which transactions exceeding INR 600 crore have already been executed across more than 15 project sites. Covering over 100 material categories, the agreement reflects a structured, long-term procurement model supported by a large supplier network. The development highlights the growing role of technology-led platforms in managing construction supply chains and improving efficiency in material sourcing.Read more