30 Jun 2026

Prestige Estates Projects has reported approximately INR 65,000 crore in unrecognised revenue, reflecting robust residential sales recorded over the past three financial years under its existing revenue recognition policy. The Bengaluru-based developer achieved record pre-sales of INR 30,024 crore in FY2025-26, a 76% increase over the previous year, and is targeting sales bookings of INR 35,000–36,000 crore in the current financial year. Chairman Irfan Razack said the company is evaluating a shift from the completion method to the percentage-of-completion method for recognising revenue, subject to discussions with auditors. With a launch pipeline valued at around INR 58,000 crore and continued demand for housing, the developer expects stronger business performance, although project launches will remain dependent on statutory approvals.Read more

30 Jun 2026

Oberoi Realty has entered the Delhi-NCR residential market with the launch of its first luxury housing project, 'Three Sixty North', on Golf Course Extension Road in Gurugram. The two-phase development has a total revenue potential of INR 16,000 crore and will require an investment of around INR 6,000 crore. The first phase comprises 832 apartments across six towers, with prices starting at INR 19 crore. The Mumbai-based developer said the project marks a significant step in expanding its presence beyond its stronghold in the Mumbai Metropolitan Region.Read more

30 Jun 2026

Century Real Estate has announced Century Immencity, a mixed-use development spanning more than 50 acres in Jakkur, North Bengaluru, with a planned built-up area of around 11 million sq ft. The project will integrate residential, commercial, retail, hospitality and lifestyle components within a single development and will be executed in phases. The first phase, comprising around one million sq ft each of residential and commercial space, is already under construction. Located along the International Airport Road corridor, the development is expected to benefit from planned metro connectivity and surrounding infrastructure projects. Century Real Estate said the project has been designed with international planning consultants and aims to accommodate businesses, residents and visitors within an integrated urban environment.Read more

30 Jun 2026

Puravankara Ltd has entered into a joint development agreement (JDA) to develop a 6.4-acre residential project in Sarjapur, Bengaluru, with an estimated revenue potential of INR 1,000 crore. The proposed development will offer a saleable area of approximately 0.8 million sq ft, further strengthening the developer's presence in one of Bengaluru's fastest-growing residential corridors. While the company has not disclosed the identity of the landowner or the commercial terms of the agreement, the transaction reflects the growing preference among developers for asset-light land acquisition through JDAs. As of the end of FY2025-26, Puravankara had completed 95 projects spanning 57 million sq ft across nine Indian cities and had ongoing developments covering nearly 36.69 million sq ft.Read more

Mumbai News Desk

30 Jun 2026

AGM Vijaylaxmi Group has launched SIXTY3 W.E. Bizpark, a G+25 mixed-use commercial development in Goregaon East, Mumbai, comprising office spaces and high-street retail. Located along the Western Express Highway, the project offers office units ranging from 545 sq ft to 3,200 sq ft and is designed to cater to SMEs, MSMEs, IT firms and start-ups. The development includes retail, dining, parking and modern building infrastructure within an integrated commercial environment. The launch comes as Goregaon East continues to witness infrastructure-led growth, supported by metro expansion, improved road connectivity and proximity to established commercial hubs, strengthening its position as a key business destination in Mumbai's western suburbs.Read more

29 Jun 2026

• Manasum Senior Living plans to invest INR 800 crore over the next five years to expand its senior housing business amid growing demand for retirement communities.
• The Bengaluru-based company aims to increase its portfolio to 10,000 senior living units by 2030, up from 950 operational units and around 1,000 units currently under development.
• The expansion will focus on scaling purpose-built housing for senior citizens, supported by rising demand for organised retirement living in India.
• The investment reflects growing interest in the senior living segment, driven by changing demographics, higher life expectancy and evolving lifestyle preferences.Read more

29 Jun 2026

Vedanta Ltd has incorporated a wholly owned subsidiary, Vedanta Property Platforms Ltd (VPPL), marking its entry into the real estate sector. Incorporated in Mumbai on June 22, the new entity will serve as a dedicated platform for undertaking real estate and related activities. The move is aimed at monetising surplus land parcels and non-core property assets while creating a structured vehicle for potential joint ventures and asset-light development opportunities. Vedanta has invested INR 1 lakh in the company, subscribing to its entire equity capital. The initiative forms part of the company's broader strategy to unlock value from non-core assets and potentially channel resources towards the expansion of its core metals, mining and energy businesses.Read more

28 Jun 2026

ORA Group has forayed into the integrated township and plotted development segment through its newly launched vertical, ORA Land, with the announcement of BluBay, a large-scale community in Karjat. The project will feature residential plots, lifestyle amenities, wellness infrastructure and extensive open spaces. The company has also appointed cricketer Suryakumar Yadav as the brand ambassador for BluBay. The move comes amid rising demand for plotted developments and increasing investor interest in Karjat, driven by infrastructure upgrades, enhanced connectivity and the growing appeal of nature-led living within the Mumbai Metropolitan Region (MMR).Read more

28 Jun 2026

Casagrand Commercial, the commercial real estate division of Casagrand Group, has entered the Coimbatore office market with the launch of Casagrand Crown, its first commercial project in the city. Announced on June 24, the development is located on Avinashi Road and offers around 1 lakh sq. ft. of Grade A office space targeted at IT and ITES companies, Global Capability Centres (GCCs), startups, co-working operators and corporate occupiers. The project has been fully pre-leased to IndiQube, highlighting sustained occupier demand for institutional-quality office space in Coimbatore. The launch forms part of Casagrand Commercial's expansion strategy following the establishment of its commercial business in 2023 and adds to a growing portfolio of office and retail developments spanning more than 4 million sq. ft. across southern India.Read more

Mumbai News Desk

28 Jun 2026

Duville Estates has reaffirmed its focus on a design-led development approach centred on long-term usability, space efficiency and community creation as it evaluates expansion opportunities across East Pune and other markets in Maharashtra. The developer said its philosophy is guided by a legacy dating back to 1810 and focuses on creating residential communities that remain relevant over time rather than following short-term architectural trends. The company highlighted the growing significance of Pune’s eastern corridor as a residential and commercial growth destination and said future projects will continue to emphasise thoughtful planning, functionality and sustainability. Duville Estates currently operates in Mumbai and Pune, with its 31-acre Riverdale township in Kharadi serving as its flagship development.Read more