22 May 2026

The Maharashtra government has expanded the notified area of the Kharbav Integrated Business Park from 10 villages to 44 villages across the Bhiwandi and Vasai regions, bringing an additional 34 revenue villages under a unified planning framework led by Mumbai Metropolitan Region Development Authority. The move is aimed at accelerating logistics, industrial, warehousing and commercial development in the Mumbai Metropolitan Region (MMR). The expanded business park is expected to support employment generation, infrastructure growth and investment activity while reducing development pressure on core Mumbai through planned economic expansion in emerging growth corridors.Read more

22 May 2026

Rubics Realty has outlined an expansion pipeline for 2026-27 with three luxury residential projects planned across Sion, Dadar and Worli in Mumbai, along with its first premium hospitality venture in Goa. The developer is focusing on the luxury and ultra-luxury housing segments as demand for premium homes in Mumbai continues to remain strong. The projects are expected to include large-format residences with a design-led approach centred on lifestyle and architecture. The company is also exploring strategic land acquisitions on the outskirts of Mumbai to strengthen its future development pipeline and expand its presence across emerging residential corridors.Read more

22 May 2026

• Technopark has invited private developers for IT infrastructure development at Technocity in Thiruvananthapuram.
• The project is part of Phase IV expansion, focused on strengthening IT and IT-enabled services (ITeS) ecosystem.
• Government-owned, encumbrance-free land is being offered on a long-term lease for development.
• The plan supports rising demand from IT companies and Global Capability Centres (GCCs).
• Technocity is planned as an integrated IT township with office, residential, and commercial infrastructure.Read more

22 May 2026

• Aditya Birla Real Estate said its unit achieved sales bookings worth INR 1,007 crore at the Birla Taranya residential project in Thane.
• The project performance reflects continued demand for premium and upper mid-income housing in the Mumbai Metropolitan Region.
• Thane has remained a strong residential market due to improving infrastructure, connectivity, and growing end-user demand.
• The company has been expanding its residential portfolio across major cities including Mumbai, Bengaluru, Pune, and NCR.
• The latest bookings come as branded developers continue to benefit from steady housing demand and consolidation in the real estate sector.Read more

21 May 2026

• Kalpataru Properties and Shangrila Infracon India are planning to raise a combined INR 2,600 crore through bond issuances targeted at private credit investors, according to sources.
• Kalpataru intends to raise INR 1,635 crore through four-year and nine-day bonds carrying an 8 per cent coupon, while Shangrila Infracon plans a maiden INR 950 crore issue with a three-year tenure.
• Private credit funds are expected to show strong interest in the transactions amid rising demand for structured real estate financing opportunities.
• GSS India Opportunities Alternate Investment Fund has reportedly committed to half of Kalpataru’s proposed issuance.
• The planned fundraises reflect increasing reliance on private credit capital as banks remain selective in lending to real estate companies.Read more

21 May 2026

• Karyan Group has announced plans to invest around INR 900 crore in its first residential development, a luxury housing project named Trevana Residences in Ghaziabad, Uttar Pradesh.
• The project, located along NH-24, will comprise 608 apartments and penthouses with a total saleable area of 16 lakh sq ft.
• Homes in the development will be priced between INR 2 crore and INR 6 crore, with the company targeting estimated revenue of nearly INR 1,500 crore.
• The project is scheduled for completion by 2030, with funding expected through internal accruals and potential bank borrowings for construction requirements.
• The announcement comes amid continued growth in Delhi-NCR’s housing market, where residential sales and new supply both recorded annual increases during the January–March quarter this year.Read more

21 May 2026

• Puravankara’s consolidated net profit increased to INR 740.7 crore in FY26 from INR 26.5 crore in the previous financial year.
• Annual sales bookings rose 55% year-on-year to INR 7,407 crore, while quarterly sales touched a record INR 3,547 crore.
• The company delivered 3,747 homes during FY26 and handed over more than 4.25 million sq ft across projects.
• Revenue growth was supported by higher project completions, improved collections and stronger demand in Bengaluru and Mumbai housing markets.
• Puravankara added projects with an estimated development value of INR 15,200 crore through redevelopment deals, land acquisitions and joint development agreements.Read more

21 May 2026

DLF’s joint venture with Singapore sovereign wealth fund GIC, DLF Cyber City Developers Ltd (DCCDL), recorded a 16 per cent year-on-year increase in rental income to INR 5,525 crore in FY26, supported by sustained demand for premium office and retail assets across key markets including Gurugram and Chennai. Office rental income rose 17 per cent to INR 4,550 crore, while retail rental earnings increased 11 per cent to INR 975 crore. DCCDL currently operates a commercial portfolio spanning 44.3 million sq ft, largely comprising office properties. The company also reported growth in revenue, EBITDA and profit during the fiscal year. DLF said upcoming office and retail completions are expected to further strengthen its annuity portfolio amid continued expansion by global occupiers and Global Capability Centres (GCCs).Read more

21 May 2026

Man Infraconstruction Limited has acquired an ultra-luxury residential development site off Bandstand in Bandra West, Mumbai, strengthening its presence in one of the city’s most premium housing micro-markets. The project, planned under the company’s MS Collection Residences vertical, is expected to have an estimated gross development value (GDV) exceeding INR 1,000 crore. Spread across more than 30,000 sq ft, the sea-view development is currently progressing through the approval stage and has applied for its Intimation of Disapproval (IOD). The acquisition expands MICL Group’s Bandra portfolio to a combined GDV of over INR 2,350 crore and takes the company’s overall real estate portfolio to an estimated INR 18,575 crore.Read more

20 May 2026

• NeoLiv plans to invest around INR 500 crore in a 76-acre residential project in the Panvel-Khopoli belt of the Mumbai Metropolitan Region (MMR).
• The upcoming development will include housing plots and villas with a total saleable area of nearly 13 lakh sq ft.
• The project is expected to generate an estimated revenue potential of around INR 800 crore.
• This will be NeoLiv’s third project in the MMR region as the company expands its presence beyond Delhi-NCR.
• The company has already launched two housing projects in Delhi-NCR and plans to launch three projects in MMR during the current financial year.Read more