21 Mar 2026

Casagrand Premier Builder Limited has announced the launch of a new residential project, Casagrand Ascentia, in Saravanampatti, a growing technology and residential corridor in Coimbatore. The four-acre development will comprise 238 two- and three-bedroom apartments with prices starting from around INR 65 lakh. Designed as a B+G+5 residential complex, the project will include 51 lifestyle amenities along with landscaped open spaces, a clubhouse and recreational facilities. The developer stated that the project aims to cater to homebuyers seeking larger homes and community-oriented living within a location that offers proximity to employment hubs, educational institutions and urban infrastructure in the city.Read more

20 Mar 2026

JSW Realty has entered into a development agreement with the Patel family to redevelop Malabar Court, a nearly one-acre land parcel in Malabar Hill, Mumbai. The project, located adjacent to the Malabar Hill Club, will be developed into a boutique luxury residential tower with an estimated revenue potential exceeding INR 2,000 crore. The site has earlier been owned by the Patel family for over seven decades. The agreement marks JSW Realty's continued expansion in Mumbai's high-value residential segment, focusing on low-density, premium developments in established neighbourhoods. The project reflects ongoing redevelopment activity in South Mumbai, where limited land availability and strong demand for luxury housing continue to drive high-value residential investments.Read more

19 Mar 2026

Signature Global has projected free cash flow of approximately INR 35,000 crore from its existing and planned development pipeline, while signalling a strategic expansion into commercial real estate through a partnership with RMZ. The announcement, made in the past week, highlights the developer's shift beyond its core residential focus in Gurugram. The company plans to leverage the joint venture to develop large-scale office-led mixed-use assets, with an initial leasable potential of about 5.5 million sq ft. RMZ has acquired a 50% stake in the platform with an investment of around INR 1,283 crore. Signature Global also indicated plans for project launches worth INR 40,000-50,000 crore over the next three years, reflecting sustained development activity in the NCR market.Read more

19 Mar 2026

Godrej Properties Ltd has expanded its footprint in Bengaluru by acquiring a 20-acre land parcel in the eastern part of the city for a premium residential development. The project is expected to generate an estimated revenue of around INR 1,350 crore. While the company has not disclosed the land acquisition cost, the move aligns with its ongoing strategy to strengthen presence in key urban markets. Bengaluru continues to remain a priority market due to steady housing demand, especially in emerging corridors of East Bengaluru with strong infrastructure and IT-driven growth.Read more

19 Mar 2026

A consumer disputes commission recently directed Lodha Developers and associated companies to refund nearly INR 5 crore to a senior citizen couple after their World Towers apartment booking in Lower Parel was terminated unilaterally. The couple had initially booked a 3 BHK unit with two parking slots under a 20:80 payment plan and faced repeated changes, price hikes, and revised terms before the developer issued a termination letter. The commission found the builder's actions amounted to deficiency in service and unfair trade practices, and also awarded interest and compensation for stress and harassment caused to the couple.Read more

18 Mar 2026

Sundaram Home Finance Ltd has initiated its affordable housing segment in Puducherry, aiming to disburse over INR 10 crore in the initial phase. The Chennai-based company recently expanded this business vertical into Karnataka, Andhra Pradesh, and Telangana. Highlighting Puducherry's growth as an education and employment hub, the company sees significant potential in small, affordable housing communities on the outskirts. Earlier, the company crossed 100 branches in this segment, with more than half in Tamil Nadu. Its emerging business, combining small business and housing finance, recorded a net profit of INR 212 crore on disbursements of INR 4,911 crore.Read more

18 Mar 2026

Kalpataru Projects International Limited (KPIL) has added orders valued at INR 2,471 crore, including an underground metro rail project through a joint venture. The company has also received assignments in power transmission and distribution both domestically and overseas, as well as in the buildings and factories segment in India. With these additions, KPIL's total order book for the current financial year has reached around INR 22,000 crore, reflecting strong demand in urban infrastructure, T&D, and construction sectors. The company's performance indicates continued growth and sectoral buoyancy.Read more

Kochi News Desk

18 Mar 2026

The Bliss City project in Kakkanad, Kochi, is moving closer to development as Kochi Metro Rail Limited (KMRL) has started leasing portions of land to investors to accelerate the long-planned mixed-use township. Spread across about 31.43 acres near the district collectorate at Kunnumpuram, the project is designed to include commercial, retail, hospitality and institutional spaces. Authorities have already leased around 3.41 acres and expect construction to begin soon. The development is also planned as a non-fare revenue initiative for the Kochi Metro system while supporting Kakkanad's fast-growing role as an IT and administrative hub.Read more

Kochi News Desk

18 Mar 2026

The Kerala State Housing Board has moved forward with the Marine Eco City project planned along Kochi's Marine Drive, appointing NBCC (India) Limited as the project management consultant for the first phase of the development. The initial phase, estimated to cost about INR 480 crore, will include a mixed-use residential and commercial tower on a 3.16-acre site within a larger 17.9-acre waterfront project area. The development will feature residential apartments, retail spaces, office floors and recreational facilities. The larger multi-phase project will also include hospitality infrastructure, convention facilities and additional residential towers.Read more

17 Mar 2026

The National Company Law Appellate Tribunal (NCLAT) has permitted Brookfield-backed Chronos Properties to replace its bank guarantee for the Bandra Kurla Complex (BKC) headquarters property of IL&FS, which expired earlier this month. Chronos original bid was INR 1,080 crore, later revised to INR 1,481 crore under value-maximisation framework. The tribunal allowed the company a week to submit a fresh demand draft and confirmed that its earlier interim order restricting IL&FS from creating third-party rights on the property will continue until the appeal is decided.Read more