30 Jul 2025

Brigade Enterprises has entered into Joint Development Agreements (JDAs) with landowners to launch two luxury residential projects-Brigade Citadel 2 and Citadel - in Moti Nagar, Hyderabad. Spanning 10 acres with a development potential of 1 million sq ft, the projects will comprise 405 luxury apartments and are expected to generate over INR 970 crore in revenue. Executive Director Amar Mysore called the move a strategic expansion in one of their key South Indian markets. Brigade Group, headquartered in Bengaluru, continues to grow its footprint across southern cities, focusing on high-quality, sustainable development in residential, office, retail, and hospitality sectors.Read more

30 Jul 2025

Realty firm Omaxe Ltd has raised INR 431 crore through the issue of Non-Convertible Debentures (NCDs) on a private placement basis. This capital infusion, primarily for business growth, was executed through its subsidiary, Omaxe New Chandigarh Developers Pvt Ltd. The move follows Omaxe's recent announcement of acquiring a 450-acre land parcel in Indore for a large township project with an investment of INR 1,200 crore. This fundraising via NCDs highlights Omaxe's strategy to expand its presence across North and Central India, building on its extensive development portfolio.Read more

29 Jul 2025

Realty firm Brigade Enterprises recently announced it aims for revenue exceeding INR 1,000 crore from its newly launched residential project, 'Brigade Avalon', in Bengaluru. The project, spread across 4.36 acres on Whitefield Main Road, features 206 apartments and offers a total development area of 6.4 lakh square feet. Whitefield is a key area for Brigade Enterprises, which has been a leading real estate developer since 1986, with a diversified portfolio across residential, office, and retail properties, alongside interests in hospitality and education.Read more

29 Jul 2025

The Uttar Pradesh Housing Board has approved two major affordable housing projects in Banda and Chitrakoot, aiming to deliver nearly 14,000 units, with a significant focus on plot-based offerings. Spread across 338 acres in Banda and 161 acres in Chitrakoot, these new townships are expected to drive residential development in the Bundelkhand region. With a combined investment of over INR 2,200 crore, the land acquisition process is underway. Additionally, the board is reintroducing 11,811 unsold flats from earlier schemes across the state, with registrations to open in the coming weeks.Read more

28 Jul 2025

DLF Ltd has sold all 416 units in Phase 1 of its luxury project, The Westpark, in Andheri West, Mumbai, generating INR 2,300 crore in just days. Developed under the SRA scheme with Trident Realty, the project marks DLF's re-entry into Mumbai after a decade-long hiatus. DLF holds a 51% stake in the special purpose vehicle, with a combined investment of INR 900 crore. This successful launch, alongside strong performance in Gurugram, has helped DLF surpass 50% of its FY2024-25 sales target. The firm recorded all-time high sales of INR 21,223 crore last fiscal and aims for INR 20,000-22,000 crore this year.Read more

28 Jul 2025

Office space leasing in Delhi-NCR more than doubled during the April-June quarter, reaching 2.62 million square feet, driven by strong corporate demand in Gurugram and Noida. This contributed to a 10 percent rise in overall office space absorption across India's top seven markets, totaling 18.79 million square feet, according to Vestian's recent report. Southern cities like Bengaluru, Hyderabad, and Chennai led this growth, accounting for 59 percent of the demand. This upward trend is expected to continue as more enterprises return to office operations and new Grade A projects come online in the second half of the year, with total absorption projected to surpass 75 million square feet by year-end.Read more

28 Jul 2025

Lodha Developers Ltd is set to roll out residential projects worth INR 17,000 crore over the next three quarters, strengthening its launch pipeline to INR 25,000 crore for FY26 following recent land acquisitions. The company has already introduced INR 8,000 crore worth of housing units in the first quarter and remains confident of achieving its INR 21,000 crore pre-sales target for the fiscal year. Executive Director (Finance) Sushil Kumar Modi linked the sustained post-pandemic demand to India's economic momentum, tax relief, and reduced home loan interest rates.Read more

28 Jul 2025

The Chandigarh Housing Board (CHB) has revived its long-delayed Sector 53 residential scheme, offering 372 flats, including HIG, MIG, and EWS units across nine acres. Despite strong demand-7,468 applicants for 372 units-the scheme stalled due to pricing concerns after a 30-40% cost hike following collector rate revisions. Three-bedroom flats now cost INR 2.29 crore, up from INR 1.65 crore. CHB refunded INR 7.5 crore in deposits earlier this year but is now moving toward final approvals, with launch expected in about a month. Meanwhile, CHB is planning a new 1,700-unit housing project in Sector 54, with development planning expected to conclude within six months.Read more

28 Jul 2025

PwC India has opened a new 125,000 sq ft office in DLF Downtown 4, Gurugram, further strengthening its presence in the National Capital Region. This marks the firm's sixth office in the NCR and increases its regional capacity to nearly 8,000 professionals. The new facility, which accommodates over 1,200 employees, features open workspaces, collaboration zones, tech-enabled meeting rooms, innovation hubs, and dedicated client areas to support hybrid and flexible work. This move comes in response to growing client demand and the availability of a strong local talent pool. PwC also plans to open two more offices in Mumbai by the end of the year.Read more

28 Jul 2025

Flexible workspace provider Innov8 has announced plans to add 11,000 new seats across major Indian cities in FY26, targeting commercial hubs in the western and southern regions. Mumbai and Pune will receive over 5,500 seats, while 4,500+ seats will be added in Hyderabad, Bangalore, and Chennai. The remainder will be allocated to NCR cities. This move follows a successful fundraising round and is backed by robust occupancy levels and growing enterprise demand. Innov8 also aims to expand its managed office footprint by 4 million sq ft over the next three years.Read more