10 Oct 2025

DRA Homes has acquired 4.38 acres of land at Chembarambakkam along the Chennai-Bengaluru Highway, investing INR 50 crore, with projected sales of INR 650 crore. The company plans a mid-segment residential development spanning one million sq. ft., incorporating Gold-rated Green building principles and energy-efficient design. The project will offer homes for long-term residents and flexible short-term stays, along with community amenities like a clubhouse, swimming pool, sports courts, and landscaped spaces. Positioned in a high-growth corridor near industrial hubs and upcoming infrastructure, the project aims to meet India's mobile population's evolving lifestyle needs.Read more

10 Oct 2025

The Lucknow Development Authority's Atal Nagar and Sardar Vallabhbhai Patel housing schemes have drawn significant attention from buyers, reflecting a strong demand for affordable housing. Atal Nagar offers 2,496 flats in Devpur Para with prices starting at INR 9.82 lakh, while Sardar Vallabhbhai Patel provides 72 flats in Dalibagh at INR 10.70 lakh. Within three days, over 5,600 website visits were recorded, leading to more than 2,300 booklet purchases and 117 registrations. Online registration for both schemes is open until early November.Read more

10 Oct 2025

Ajmera Realty & Infra India reported a sharp increase in sales bookings during the second quarter of the current financial year. Bookings rose to INR 720 crore compared to INR 254 crore in the same quarter last year. For the first half of the year, total bookings reached INR 828 crore, up from INR 560 crore in the previous year. The company said that higher demand for its residential projects and a steady flow of new launches helped improve its performance. The growth reflects consistent buyer interest in the housing market, especially in Mumbai.Read more

10 Oct 2025

Tata Housing has launched Tower 14 (Phase 1C) at its New Haven project in Bahadurgarh, following strong sales of over 450 units in previous Phase 1C towers within a month. The new tower offers thoughtfully designed 2 and 3 BHK apartments, IGBC Silver Pre-certified, emphasizing sustainable development. Bahadurgarh's transformation, aided by Urban Extension Road-II, improved metro connectivity, upcoming commercial hubs, and the Bahadurgarh Master Plan 2041, has made it one of NCR's fastest-growing real estate destinations. The launch reflects Tata Housing's commitment to quality, timely delivery, and value-driven residential solutions.Read more

09 Oct 2025

Sunteck Realty Limited has earned a remarkable 99 score in the 2025 Global Real Estate Sustainability Benchmark (GRESB), achieving the prestigious Green 5-Star Rating. The company showed consistent improvement over the previous year, particularly in Environmental, Social, and Governance (ESG) performance. Sunteck's integrated approach combines energy-efficient green building practices with social initiatives to build safe and inclusive communities. This recognition establishes the company as a global leader in sustainable real estate, highlighting its commitment to long-term value creation, responsible business practices, and innovative strategies in sustainable urban development.Read more

09 Oct 2025

BMW Techworks, a 50:50 joint venture between BMW and Tata Technologies, has signed a five-year lease for 58,900 sq ft of premium office space in Bengaluru's Whitefield, paying a monthly rent of INR 1.04 crore (around USD 125,000) or INR 175.50 per sq ft. The lease, signed with Simpliwork Offices, involves a security deposit of INR 5.21 crore (USD 625,000) and a 5% annual escalation. Occupancy will happen in two phases, starting with 30,000 sq ft, highlighting the rising demand for Grade A offices in Whitefield.Read more

08 Oct 2025

The Delhi Development Authority is preparing to hand over 1,400 flats at Kathputli Colony by March 2026, marking a major step in Delhi's first in-situ slum rehabilitation project. The redevelopment, initially delayed due to legal challenges and resident opposition, now progresses with fire safety and utility approvals underway. Beneficiaries have been identified, and allotments will be done through a draw of lots. The project, covering 5.2 hectares under a PPP model, relocated thousands of artisans and their families from transit camps, offering them structured housing after decades of informal settlements.Read more

08 Oct 2025

Prestige Group has set a new benchmark in Hyderabad's real estate market by acquiring an 11-acre plot in Knowledge City for INR 1,556.5 crore through a Telangana government auction. Located in Raidurg, near HITEC City and Gachibowli, the land is ideally positioned for premium office development. The auction, which raised INR 3,135 crore in total, saw strong participation from major investors, reflecting Hyderabad's rise as a global business hub. Prestige plans to expand its office portfolio to 30 million sq. ft. by 2028, aiming for INR 3,200 crore in annual rental income. This acquisition strengthens its position in India's fast-growing commercial real estate landscape.Read more

08 Oct 2025

The Madhya Pradesh Industrial Development Corporation (MPIDC) is set to invite bids for around 70,000 sq ft of office space in the nearly completed IT Park 4 in Indore. Situated in the Electronic Complex, this development is expected to draw technology, electronics system design and manufacturing (ESDM), and data center companies. MPIDC plans to provide 30-year leases for the offices, while phased allocations for IT Park 3 are scheduled for 2026. These initiatives aim to strengthen Indore's position as a growing hub for innovation and technological investment.Read more

08 Oct 2025

The Goa Industrial Development Corporation (GIDC) has opened applications for 28 industrial plots on lease across five estates: Panchawadi, Pissurlem, Honda, Sanguem, and Kundaim. Plot sizes range from 907 sqm to 2,689 sqm, catering to small and medium-scale manufacturing units. Panchawadi leads with 10 plots, followed by Sanguem with seven. Lease rates are set at INR 1,070 per sqm for most estates, while prime plots in Kundaim are priced at INR 2,120 per sqm. The initiative is aimed at attracting new investments and supporting industrial expansion, with applications closing soon.Read more