18 Jul 2026

Umiya Buildcon Limited has reported its financial results for the quarter ended June 2026, with strong growth in its products business offsetting softer performance in its solutions division, while its real estate operations remained broadly stable. The company recorded revenue of INR 435.98 lakh from its real estate segment, up marginally from the corresponding quarter last year. Revenue from the products business rose sharply to INR 900.29 lakh, supported by demand from telecom, enterprise and government customers despite continued global electronics supply chain constraints. The solutions segment posted lower revenue during the quarter. Ongoing real estate developments at Umiya Bricklane and Umiya Prism continued as scheduled, while the company maintained that it remains focused on project execution, indigenous technology development and long-term business growth.Read more

18 Jul 2026

Alliance City Developers Realtors Pvt. Ltd. has announced that its luxury residential redevelopment project, Alliance Sea Breeze, in Santacruz West, Mumbai, has entered the final stage of construction, with possession targeted by the end of 2026. Launched in October 2024, the nine-storey project comprises four-bedroom residences and has been constructed using Mivan (aluminium formwork) technology, a system more commonly adopted in large-scale high-rise developments. Located on East Cross Lane, the redevelopment project offers connectivity to Santacruz railway station, the domestic airport and key commercial and social infrastructure. The developer said the project forms part of its broader redevelopment portfolio across Mumbai. Since its inception in 2010, Alliance City Developers has undertaken 19 redevelopment projects, completed 14 developments and delivered more than 1.2 million sq ft of residential space to over 700 families.Read more

18 Jul 2026

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma across its development and redevelopment projects, as part of its digital transformation strategy. The cloud-based, AI-enabled platform will strengthen the company's Building Information Modelling (BIM) workflow by supporting data-driven planning, environmental simulations and stakeholder collaboration from the early stages of project development. MicroGenesis has been appointed as the implementation partner for the rollout. The initiative aims to improve project coordination, planning efficiency and decision-making by creating a unified digital ecosystem that integrates design, planning and execution across the project lifecycle.Read more

18 Jul 2026

ZTA Group has launched ZTA Infrastructure Pvt. Ltd. as its flagship engineering and construction company to lead expansion across residential, commercial and institutional projects, as well as roads, highways and other infrastructure developments. Based in Meerut, Uttar Pradesh, the company has been established as an integrated platform offering engineering, construction, project management consultancy (PMC) and infrastructure execution services. The group said it plans to grow its project portfolio organically before considering the induction of strategic investors as part of its long-term expansion strategy. ZTA Infrastructure also aims to evolve into a professionally managed infrastructure company with the potential for a future public listing. The company cited its revival of The Grande residential project in Meerut, where more than 500 homebuyers have received possession, as an example of its project execution capabilities.Read more

Chennai News Desk

18 Jul 2026

Urbanrise has received strong backing from channel partners ahead of the launch of its upcoming residential project in Chennai, with more than 300 partners participating in a two-day pre-launch event. The developer said the project's initial launch inventory is valued at over INR 1,000 crore, while channel partners collectively committed business exceeding three times that value and submitted a significant number of expressions of interest. Participants from Chennai, Bengaluru and Hyderabad attended the event, indicating early market confidence in the development. The project, currently referred to as "Codename: The Next Big Thing", is yet to receive its official name and is expected to be launched in the coming months.Read more

17 Jul 2026

Prestige Estates Projects Ltd reported residential sales bookings of INR 6,579.3 crore for the first quarter of FY27, a 46% decline from the record INR 12,126.4 crore achieved in the corresponding period last year, primarily due to a high base created by a major launch in the Delhi-NCR market. The Bengaluru-based developer sold 6.04 million sq ft across 3,337 units during the quarter, with Hyderabad contributing nearly half of total pre-sales. The company completed three projects covering 4.37 million sq ft and maintained its FY27 pre-sales guidance of INR 35,000–36,000 crore. Prestige Group also highlighted its extensive development pipeline comprising 135 projects spanning 227 million sq ft across multiple markets.Read more

17 Jul 2026

Signature Global Ltd reported a 25% year-on-year decline in sales bookings during the first quarter of FY27, with pre-sales falling to INR 1,970 crore amid lower sales volumes. The Gurugram-based developer sold 226 residential units during the quarter, compared with 778 units a year earlier, while the area sold declined to 0.72 million sq ft from 1.62 million sq ft. Despite the slowdown in volumes, the company's average sales realisation improved to INR 17,093 per sq ft. Customer collections also fell 28% to INR 670 crore during the quarter. Signature Global has maintained its FY27 pre-sales guidance of INR 10,000 crore after recording sales bookings of INR 8,250 crore in FY26, when it emerged as the fifth-largest listed real estate developer in India by pre-sales.Read more

Mumbai News Desk

17 Jul 2026

Raymond Realty has signed a joint development agreement (JDA) to develop a residential project in Mumbai's Parel, with an estimated gross development value (GDV) of around INR 85 billion. The project marks another addition to the company's asset-light expansion strategy, under which it partners with landowners to develop premium housing projects without outright land acquisition. Parel remains one of Mumbai's key redevelopment and residential markets, supported by strong infrastructure, commercial activity, and steady demand for premium homes.Read more

16 Jul 2026

The latest GROHE-HURUN India Real Estate 150 report shows that Adani Properties emerged as one of the biggest gainers in the real estate sector despite a difficult year for the industry. The company's valuation rose by 72 per cent, making Gautam Adani the fourth-richest real estate entrepreneur in India. The report also highlights that most real estate firms witnessed a decline in valuations, while the BSE Realty Index fell sharply. DLF retained the top position, followed by Lodha Developers and IHCL, with only a limited number of companies reporting valuation growth.Read more

16 Jul 2026

LML Realty has announced plans to develop a 45-acre industrial park in Haryana with an investment of INR 250 crore, targeting micro, small and medium enterprises (MSMEs) seeking ready industrial infrastructure for light manufacturing. Located in Jhirka Valley near the Delhi–Mumbai Expressway, the project has been approved under the Haryana government's Promoting Access and Development of MSME Advancement (PADMA) scheme. The development will offer industrial plots, plug-and-play manufacturing units and built-to-suit factory solutions, alongside integrated construction and infrastructure services. Leasing rates will begin at INR 25 per sq ft per month. The company expects the park to cater to a wide range of sectors, including engineering, automotive, pharmaceuticals, food processing, warehousing, logistics, electronics and data centres, while supporting faster operational readiness for industrial occupiers.Read more