27 May 2026

Brigade Enterprises has signed a joint development agreement to develop a premium housing project in Kompally, Hyderabad, with an estimated revenue potential of INR 850 crore. The project will be developed on a 5.6-acre land parcel as the company continues to strengthen its residential portfolio in Hyderabad. Brigade Enterprises also reiterated its plan to invest nearly INR 5,000 crore across residential, commercial, retail and hospitality projects over the next three to four years. Hyderabad remains a key market for the Bengaluru-based developer due to rising housing demand, infrastructure growth and steady real estate activity across premium residential segments.Read more

27 May 2026

• Shriram Properties Ltd reported a 65 per cent rise in consolidated net profit to INR 78.53 crore for the quarter ended March 31, compared with INR 47.66 crore a year earlier.
• The growth was driven by higher income, supported by steady demand in the housing segment across key markets.
• Total quarterly income increased to INR 662.73 crore from INR 427.51 crore in the corresponding period of the previous year.
• For fiscal 2025–26, net profit rose to INR 100.81 crore, while total income climbed to INR 1,356.93 crore.
• The company continues to expand its presence with a large project pipeline across Bengaluru, Chennai, Pune and West Bengal.Read more

27 May 2026

AU Real Estate has announced plans to invest INR 1,200 crore in a new residential development in Ghaziabad, Uttar Pradesh. The company has introduced a 5.6-acre housing project named Cosmos Corner in Siddharth Vihar, which will include around 831 residential units. The project is expected to generate an estimated revenue potential of INR 1,600 crore upon completion. The company highlighted the growing appeal of Siddharth Vihar in the NCR housing market. The development is part of AU Real Estate’s ongoing expansion across the Delhi-NCR region with multiple residential projects in progress.Read more

26 May 2026

Realty firm Knowledge Realty Trust (KRT), sponsored by Sattva Group and Blackstone, will invest INR 700 crore over the next three years to develop 1.4 million sq ft of office space in Bengaluru. The REIT, which holds a 46.5 million sq ft portfolio across six cities, is also pursuing acquisitions for inorganic expansion. The company reported strong leasing momentum, 92 per cent occupancy, and rising net operating income, driven largely by demand from global capability centres.Read more

26 May 2026

Puravankara Ltd has acquired a 14.57-acre land parcel in Bengaluru’s Mandur-Budigere corridor to develop a residential project with an estimated gross development value of around INR 2,300 crore. The project will have a total saleable area of nearly 1.8 million sq ft. A part of the land has been secured through a joint development agreement, while the remaining portion has been purchased outright by the company. The acquisition strengthens Puravankara’s expansion plans in Bengaluru, where demand for large-scale residential developments has remained strong due to improving infrastructure and growing housing demand in emerging micro-markets.Read more

26 May 2026

Kalpataru Ltd has announced a large cluster redevelopment project in Ashok Nagar, Kandivali East, Mumbai, with an estimated revenue potential of around INR 1,250 crore. The project includes the redevelopment of five adjoining housing societies spread across 2.8 acres and carries a free-sale potential of nearly 0.37 million sq ft carpet area. The company said the redevelopment is part of its long-term strategy to expand in Mumbai’s redevelopment market, where aging housing societies and limited land availability continue to drive demand for such projects.Read more

26 May 2026

Ashiana Housing has announced an investment of nearly INR 560 crore for a premium residential development in Jaipur. The project, named ‘Ashiana Oma’, is spread across 10.35 acres and is being developed through a joint venture with a revenue-sharing arrangement. The first phase has already been launched and will comprise 280 residential units, while the overall project will include 490 units. The company said the project is aimed at end-user homebuyers looking for spacious homes and lifestyle-focused amenities, reflecting the steady demand for premium housing in Jaipur’s residential market.Read more

Pune News Desk

26 May 2026

• Kolte-Patil Developers reported a consolidated net loss of INR 38.08 crore for FY26 amid pressure on revenue and profitability.
• The Pune-based real estate developer witnessed a decline in financial performance despite continued activity across residential projects and ongoing launches.
• The company’s results reflect broader sector challenges linked to project execution timelines, cost pressures and changing market conditions across key housing markets.Read more

26 May 2026

Kerala Local Self-Government Minister K M Shaji clarified that the newly elected UDF government has not taken any decision to dismantle the LIFE Mission housing scheme, following allegations raised by the CPI(M). The minister said the government would continue welfare projects that benefit the public while addressing shortcomings wherever required. The clarification comes at a time when the state’s affordable housing sector is closely watching the future of the flagship residential scheme. LIFE Mission has so far delivered more than five lakh houses across Kerala, while over one lakh housing units are currently under construction under the programme.Read more

25 May 2026

Godrej Properties has awarded construction contracts worth around INR 1,100 crore to Tata Projects for three luxury housing projects located on Golf Course Road in Gurugram. The partnership covers core and shell construction work for Godrej Sora, Godrej Astra and Godrej Samaris. The move comes as developers continue to accelerate premium housing launches in key urban markets amid sustained demand for luxury homes. Godrej Properties has been expanding its residential portfolio across major cities including Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad.Read more