08 May 2026

Godrej Properties Limited reported the addition of six new projects during the fourth quarter of FY26, with a combined estimated developable area of about 11 million sq ft and a projected booking value of INR 17,450 crore. The expansion took place in the past quarter despite relatively muted housing market conditions, indicating a continued pipeline build-up by the developer. The new projects form part of the company’s broader growth strategy aimed at sustaining sales momentum through fresh launches across key urban markets. The announcement comes alongside strong booking and cashflow performance, suggesting that the company is aligning land acquisition and project additions with demand visibility and future revenue generation potential.Read more

08 May 2026

Raymond Realty reported a net profit of INR 304.59 crore in FY26, supported by steady demand and improved project execution. The company posted total income of INR 3,039.42 crore, while booking value rose 31% year-on-year to INR 3,023 crore. Pre-sales in the final quarter stood at INR 1,519 crore, showing strong buyer interest. Despite a slight dip in collections, the company expanded its development portfolio to around INR 42,000 crore and recommended a 20% dividend, reflecting stable financial performance and continued focus on growth in key markets.Read more

07 May 2026

Infinity Heights, a premium residential project in Guwahati, has been awarded the IGBC Gold certification by the Indian Green Building Council, recognising its compliance with sustainability standards in design and construction. The hill-top development incorporates energy-efficient systems, water conservation measures and environmentally conscious materials. The certification follows a multi-parameter evaluation covering site planning, energy usage and indoor environmental quality. Positioned in an elevated location, the project spans high-end residential units and caters to both regional and non-resident investors. The recognition comes amid growing focus on green-certified housing across India, particularly in emerging real estate markets such as Northeast India.Read more

Mumbai News Desk

07 May 2026

Reliance Industries Limited (RIL) has purchased a luxury triplex apartment in Mumbai’s Bandra Kurla Complex (BKC) for INR 120 crore, marking one of the notable high-value residential transactions in the past week. The apartment, located in the Signature Island complex at Bandra East, spans over 16,000 sq ft across the 15th to 17th floors. The deal, registered in April, was executed through a joint acquisition from the developer, Sunteck Realty, and a private entity. The transaction reflects sustained demand for ultra-luxury residences in Mumbai’s prime business districts, where limited inventory and strong corporate interest continue to support high capital values.Read more

07 May 2026

Elan Group has commenced construction of its ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram, following the award of an INR 840 crore construction contract to Tata Projects. Spread across approximately six acres, the development entails a planned investment of around INR 1,600 crore and will feature five residential towers with unit sizes ranging from about 4,285 sq ft to 7,270 sq ft. Designed by international firms, the project reflects continued activity in the premium housing segment in Gurugram. The launch of construction marks a key milestone in the execution timeline, with the developer strengthening its presence in the high-value residential market.Read more

06 May 2026

Sobha Ltd reported a more than two-fold increase in consolidated net profit to INR 91.83 crore for the March quarter of FY26, supported by a significant rise in total income. The company’s quarterly income grew to INR 2,029.92 crore from INR 1,270.73 crore a year earlier. For the full financial year, profit also doubled to INR 193.40 crore, while total income rose to INR 5,383.76 crore. The Bengaluru-based developer’s performance reflects improved revenue generation across its operations during the period, indicating stronger business activity compared to the previous financial year.Read more

06 May 2026

Godrej Properties reported a 70% year-on-year rise in consolidated net profit to INR 649.88 crore for the quarter ended March, supported by a sharp increase in total income. Quarterly income grew to INR 3,806.65 crore from INR 2,681.06 crore a year earlier. For the full financial year, net profit rose to INR 1,850.20 crore, up from INR 1,399.89 crore, while total income increased to INR 8,410.88 crore. The performance reflects sustained residential demand, improved execution, and stronger revenue realisation across key markets, reinforcing the company’s position among India’s leading real estate developers.Read more

05 May 2026

Lodha Developers Ltd has outlined plans to launch residential projects worth around INR 21,800 crore in the current financial year, spanning 15 million sq ft across the Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. The developer is also targeting a 17 per cent increase in sales bookings to INR 24,000 crore, following a year of steady growth. While overall housing demand has moderated after a strong cycle, the company highlighted continued performance driven by branded developers. Lodha reported improved financials in the previous year and indicated a calibrated approach to land acquisition, with a focus on enhancing free cash flow despite a substantial existing land bank and project pipeline.Read more

04 May 2026

Ramky Estates has secured INR 600 crore funding under the government-backed SWAMIH Fund to revive stalled residential projects acquired from Skylark Group in Bengaluru. The funding will be deployed to complete multiple developments that were delayed due to financial constraints, impacting homebuyers. The move reflects continued deployment of last-mile financing to unlock stuck housing inventory and restore project execution in key urban markets. The revival is expected to accelerate construction and facilitate delivery timelines across the identified projects.Read more

Gurugram News Desk

04 May 2026

County Group has revived stalled residential projects in Gurugram, facilitating progress towards home delivery for around 400 affected buyers. The revival, executed in the past week, involves restarting construction activity and resolving long-pending project delays. The move addresses stress in legacy developments while restoring execution timelines and buyer confidence. It reflects a broader trend of developers stepping in to complete delayed projects, supported by structured interventions aimed at unlocking stuck housing inventory in key NCR micro-markets.Read more