02 Apr 2026

Signature Global and RMZ Group have formed a 50:50 joint venture to develop an 18-acre commercial project in Gurugram, with RMZ investing INR 1,293 crore for its stake. The project will include 35 lakh square feet of office space, retail areas, and two hotels with 500 rooms each, with an estimated capital value of INR 14,000-16,000 crore. The deal strengthens Signature Global's financial position and market credibility. Signature Global has already delivered 16.5 million square feet, while RMZ Group owns assets worth over USD 20 billion across six major Indian cities.Read more

02 Apr 2026

Emperium Group has launched a new residential project, Emperium Titan, in Gurugram with a revenue potential of around INR 167 crore. The project is located along Dwarka Expressway and includes 74 apartments spread across 1.03 acres. Each unit is priced at INR 2.45 crore and offers a size of 1,906 sq ft. The company's expansion comes amid steady housing demand in Gurugram and improving sales trends in the Delhi-NCR market, where residential sales have seen a notable rise in the recent quarter.Read more

01 Apr 2026

Brookfield India Real Estate Trust has appointed Shashank Jain as Chief Executive Officer and Managing Director of its manager, Brookprop Management Services Pvt Ltd, with effect from July 1. The decision was approved by the board in the past week, while current CEO Alok Aggarwal will continue in the role until June 30. Jain joins from PwC India, where he served as Co-Head of the deals practice and led transaction services. With over two decades of experience in real estate transactions across asset classes, his appointment comes at a time when Brookfield India REIT manages a portfolio of 11 Grade A assets across major cities, with a total leasable area of 37 million sq ft, including operational, under-construction, and future development space.Read more

01 Apr 2026

The Jammu and Kashmir government has completed over 31,000 houses under Pradhan Mantri Awas Yojana-Urban out of 39,153 sanctioned units. Around 7,980 houses are still under construction and are targeted for completion by September 2026. Delays have mainly been due to beneficiaries financial limitations, rising construction costs, and other personal constraints. Under PMAY-U 2.0, more than 21,000 applications have been received, with over 2,000 houses already approved. The government has also introduced an interest-free loan of INR 2 lakh to help beneficiaries complete construction.Read more

01 Apr 2026

Lodha Developers Ltd has raised INR 500 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The company allotted 50,000 debentures with a face value of INR 1 lakh each, carrying an annual interest rate of 8.52%, payable semi-annually. The fundraise reflects continued reliance on structured debt instruments by real estate developers to support project financing and expansion. Lodha Developers has an established presence in the Mumbai Metropolitan Region, Pune and Bengaluru, and has also entered the Delhi-NCR market through recent land acquisitions for residential development.Read more

01 Apr 2026

Authorities in Prayagraj are planning to construct more than 1,000 affordable housing units under the Pradhan Mantri Awas Yojana (PMAY) Phase II, led by the Prayagraj Development Authority (PDA). The project is currently in the land identification stage, with multiple sites shortlisted across the city, including Dhobighat, Peepal Gaon, Khuldabad and Civil Lines. Nearly 1,000 beneficiaries have already registered through the District Urban Development Agency (DUDA) and are expected to be prioritised during allotment. The initiative is aimed at providing formal housing to economically weaker sections, addressing urban housing shortages, and improving living conditions. The project also reflects ongoing efforts to align land availability with affordable housing delivery in growing urban centres.Read more

31 Mar 2026

DLF Limited has completed the sale of its IT/ITeS special economic zone (SEZ) project and an adjoining 17.75-acre land parcel in Kolkata to entities of the Srijan Group for a total consideration of INR 710.23 crore. The transaction includes the transfer of DLF TechPark II and vacant land through separate group entities of the buyer. The deal, announced earlier, aligns with DLF's strategy to monetise commercial assets and recycle capital. The divestment reflects continued consolidation in commercial real estate portfolios and the role of regional developers in acquiring income-generating assets and land parcels for future development.Read more

30 Mar 2026

Jindal Stainless has started drawing renewable energy from Oyster Renewable Energy's hybrid project in Madhya Pradesh, marking progress in its decarbonisation plans. The project is part of a larger 315 MW renewable energy agreement signed earlier, with power being supplied to its plants in Odisha and Haryana. The company has already reduced emissions significantly in FY25 and plans to further increase green energy use in FY26. With additional capacity expected soon, this move reflects a broader industry shift towards clean and cost-efficient power solutions.Read more

30 Mar 2026

Aditya Birla Real Estate Ltd has announced a redevelopment project in Mumbai through a joint venture with Parinee Group. The project is expected to unlock a development potential of around INR 1,700 crore. This move reflects the company's continued focus on expanding its urban redevelopment portfolio in key cities like Mumbai, where demand for modern housing and commercial spaces remains strong. Redevelopment projects have become a major growth driver for real estate firms due to limited land availability and increasing interest from housing societies seeking better infrastructure and living conditions.Read more

30 Mar 2026

Arvind SmartSpaces Ltd has entered the Mumbai redevelopment segment with a new housing society project in Santacruz, targeting a revenue potential of around INR 300 crore from the free sale component. The Ahmedabad-based developer disclosed in a regulatory filing that the project will offer an estimated saleable carpet area of 42,000 sq ft. The redevelopment aligns with the company's expansion strategy in the Mumbai Metropolitan Region (MMR), where supply of redevelopment opportunities continues to grow amid limited greenfield land availability. The project adds to the company's existing presence across key cities including Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune, and reflects continued developer interest in unlocking value through urban redevelopment.Read more