07 Apr 2026

Shubhashish Homes, part of JK Jajoo Ventures, recorded strong growth in FY 25-26 with pre-sales reaching INR 423 crore, nearly double the INR 211 crore achieved in the previous year. The company has set a target of INR 850 crore for the next financial year, backed by expansion plans and a strong project pipeline. It also introduced a new brand identity, Sa & The House of Shubhashish With projects across multiple cities and a growing development pipeline, the company is aiming to strengthen its presence in both existing and new markets.Read more

06 Apr 2026

HBL Engineering Limited has secured an INR 800.36 crore contract from Banaras Locomotive Works to supply, install and commission onboard Kavach 4.0 systems for Indian Railways. The indigenous automatic train protection technology is designed to improve rail safety by preventing overspeeding, signal violations and collisions. The project will be executed over 12 months and forms part of Indian Railways broader push to upgrade safety infrastructure across its network. This order strengthens HBL's growing presence in railway safety systems, driven by rising demand for Kavach deployment as the sector focuses on modernisation, automation and improved operational reliability.Read more

06 Apr 2026

Prestige Estates Projects Ltd has launched a large-scale residential project, Prestige Golden Grove, in Tellapur, Hyderabad, with an estimated revenue potential exceeding INR 9,500 crore. Spread across 28.6 acres, the development will comprise 5,120 housing units with a total saleable area of 10.36 million sq ft. The project caters to mid- to upper-segment buyers, with ticket sizes ranging between INR 1 crore and INR 3 crore. The launch forms part of the company's ongoing expansion strategy in Hyderabad, a market it identifies as demonstrating sustained housing demand supported by infrastructure growth and economic activity.Read more

06 Apr 2026

TVS Industrial & Logistics Parks (TVS ILP) has entered into a memorandum of understanding with the Karnataka government to invest INR 200 crore in developing industrial and logistics parks across the state. The agreement, formalised recently at an investment conclave in Bengaluru, focuses on creating technology-enabled facilities catering to sectors such as manufacturing, e-commerce, and third-party logistics. The company, which already operates 14 parks in South India, aims to expand its regional footprint through this investment. The development comes amid sustained growth in India's industrial and logistics real estate sector, where leasing activity has recorded double-digit annual growth, driven primarily by manufacturing demand and supply chain expansion across major and emerging markets.Read more

06 Apr 2026

M3M India has announced a construction acceleration programme with an investment outlay of INR 14,500 crore to expedite delivery across its 45 million sq ft under-development portfolio. The initiative, funded entirely through internal accruals and working capital, will maintain the company's zero-debt position. As part of the plan, around 7.8 million sq ft has been prioritised for completion by FY27, spanning premium residential and mixed-use commercial developments, largely in Gurugram. Key projects include M3M Capital 113 and M3M Antalya Hills 79, alongside commercial assets such as M3M Paragon 57. The phased delivery pipeline is expected to extend over the next few years, with a focus on improving execution timelines and project completion rates.Read more

Mumbai News Desk

06 Apr 2026

Oberoi Realty has signed a development agreement to redevelop a 1,740 sq metre land parcel in Mumbai's Malabar Hill, one of the city's most premium residential areas. The project, to be executed with adjoining societies under a cluster redevelopment model, is expected to generate up to 51,000 sq ft of free-sale area. This comes soon after the company secured a larger redevelopment deal at Peddar Road. The move reflects its steady focus on South Mumbai, where limited land supply and strong demand continue to drive redevelopment activity.Read more

05 Apr 2026

Casagrand has commenced construction of its residential project Casagrand Mandarin in Miyapur, Hyderabad, introducing what it describes as the city's first UPARTMENT concept. The development spans 8 acres and will comprise 334 units of 3 and 4 BHK homes, designed with a focus on higher carpet efficiency and low-density planning. The project includes 5.7 acres of open space, a 41,000 sq ft clubhouse and multiple lifestyle amenities. Located in a key residential corridor with proximity to IT hubs and metro connectivity, the project is positioned to cater to evolving urban housing preferences centred on space, functionality and end-use demand in Hyderabad's western suburbs.Read more

05 Apr 2026

The Swarajya residential project in Dombivli, developed by Bhagwati Group and Haware Properties and marketed by The Guardians Real Estate Advisory, has recorded over 500 bookings and INR 171 crore in sales within four days of launch. The project received 1,053 expressions of interest in the four weeks prior, translating into 531 bookings from 1,233 walk-ins, reflecting a 47% conversion rate. Launched around Chhatrapati Shivaji Maharaj Jayanti, the project's positioning focused on cultural alignment with the local buyer base. It forms part of the My First Home initiative, which has previously delivered strong sales in Kalyan and Shil Phata. The response highlights sustained demand for affordable housing in emerging micro-markets within the Mumbai Metropolitan Region.Read more

05 Apr 2026

A strategic partnership has been signed between the Mumbai Metropolitan Region Development Authority (MMRDA), the Maharashtra government, and the Government of Moscow to strengthen urban development cooperation. The agreement focuses on infrastructure, innovation, tourism, healthcare, and skill development. It aims to bring global expertise to the Mumbai Metropolitan Region (MMR) and support its growth as a major economic hub. With MMR already contributing around 5-6% to India's GDP and targeting USD 300 billion economic output by 2030, the collaboration is expected to support long-term planning, improve infrastructure delivery, and enhance overall urban living standards.Read more

05 Apr 2026

NAREDCO Maharashtra NextGen will host Excelerate 2026, a one-day international conclave in Mumbai aimed at examining investment, financing and capital trends in India's real estate sector. Scheduled to be held at Trident Hotel, the event will bring together developers, institutional investors, policymakers and financial institutions. The conclave comes amid rising investor participation, with institutional inflows increasing significantly in recent years and foreign capital accounting for a growing share. Discussions will focus on private equity, family offices, REITs and emerging asset classes, reflecting the sector's evolving capital structure and the increasing role of organised funding channels in supporting real estate development.Read more