28 Feb 2026

The first phase of Keturah Ardh, a luxury residential land development in Dubai, has been fully sold, with all 558 townhouse plots transacted within six months for a total value of AED 1 billion. The project, located in the Al Rowaiyah First District, is being developed by MAG Group, with fäm Properties acting as the exclusive master agency. The sold inventory comprised freehold luxury townhouse plots spread across 93 planned clusters. The sellout highlights sustained demand for premium residential land in Dubai, particularly approved townhouse plots, which remain among the most limited asset classes in the city's high-end housing market. Infrastructure delivery is scheduled for Q1 2026, followed by construction commencement in Q4 2026, with overall project completion targeted by 2030.Read more

28 Feb 2026

Alaukik Group has launched a celebrity-driven brand campaign featuring actor Pratik Gandhi for Gujarat-based industrial park developer GM Group, marking a strategic move to strengthen the developer's brand presence within the industrial real estate segment. Conceptualised and executed entirely by Alaukik Group, the campaign represents GM Group's first major celebrity integration and signals a new phase in its branding approach. The association includes the production of multiple advertisement films designed to reinforce GM Group's brand narrative across platforms. The collaboration is aimed at improving brand recall and deepening trust among manufacturers, investors, MSMEs and enterprise decision-makers as GM Group scales its operations. Pratik Gandhi's regional roots and public persona are positioned as key elements in aligning the campaign with the developer's long-term vision.Read more

27 Feb 2026

Mumbai-based developer Rustomjee Group has announced the launch of Rustomjee Cliff Tower, an ultra-luxury residential project located at the Mount Mary precinct in Bandra, one of the city's most supply-constrained and heritage-sensitive neighbourhoods. The project comprises a limited inventory of 4 BHK, 5 BHK and duplex residences in a low-density tower format, with two homes per floor and semi-private lift lobbies. Designed by Sanjay Puri Architects, the development is positioned at an elevated point overlooking the Arabian Sea, Bandra Bay and the Mumbai skyline. Apartment sizes range from around 2,700 sq ft for 4 BHK units to over 4,300 sq ft for larger configurations. The developer said the project prioritises privacy, spatial efficiency and long-term livability over volume-led development.Read more

27 Feb 2026

Brigade Group has entered into a partnership with Primus Senior Living to develop three senior housing projects across South India, with a combined revenue potential of around INR 750 crore. The projects will be located in Bengaluru and other southern markets, with two developments planned as part of larger integrated townships. Through this collaboration, Brigade aims to expand its senior living portfolio by leveraging Primus' operational expertise in elderly-focused residential communities. The projects build on Brigade's earlier experience in the segment, following the operational success of its Parkside senior living community at Brigade Orchards. The partnership reflects rising demand for organised senior housing, driven by demographic shifts, urbanisation and the need for professionally managed living environments for the elderly.Read more

25 Feb 2026

Suraj Estate Developers has finalized the acquisition of Hally Pacific Private Limited, securing a prime land parcel in Prabhadevi, Mumbai, for approximately INR 30.40 crore. The company plans a residential project with around 0.367 lakh sq ft of saleable area and an estimated GDV of INR 200 crore. This addition strengthens their South-Central Mumbai project portfolio, leveraging strong demand and connectivity in Prabhadevi. With a legacy of over 45 completed projects and ongoing expertise in tenanted property redevelopment, Suraj Estate Developers aims to enhance revenue visibility and long-term value for stakeholders.Read more

25 Feb 2026

The Prayagraj Development Authority (PDA) has designated roughly 375 hectares of land on the outskirts of the city for large-scale residential and commercial development under an urban expansion scheme designed to meet growing housing and business space needs. The land parcels include about 250 hectares in the Jhunsi area spanning villages such as Mukundpur, Chakia Hinauta and Chak Hinauta and approximately 125 hectares in Hetapatti, covering areas including Neemarmee Khurd and Narayanpur. Officials have initiated acquisition talks with landowners, with more than 500 cultivators likely to be affected. Compensation will be set at four times the prevailing circle rate, and though many farmers have indicated willingness to cooperate, some have expressed concerns that authorities intend to address. The investment outlay for the planned development is estimated at around INR 2,500 crore, and PDA has signalled that acquisition procedures will be pursued rapidly with stakeholders support.Read more

25 Feb 2026

Real estate developer BPTP Ltd, through its wholly-owned subsidiary Urban Realtech Pvt Ltd, has entered into a joint development agreement with a landowner to build an 11-acre residential group housing project in Sector 39, Surajkund, on the outskirts of Faridabad. The venture is planned to deliver a developable area exceeding 2 million square feet, although the company has not disclosed the expected investment or revenue figures. BPTP's chairman and managing director stated that the project forms part of the firm's regional expansion strategy in the Delhi-NCR market, highlighting Surajkund's growing appeal driven by improving connectivity and evolving residential demand. The joint development model is intended to optimise landowner returns while enabling the developer to focus on project execution. This initiative adds to BPTP's portfolio of residential and commercial developments across north India.Read more

24 Feb 2026

State-owned NBCC has indicated that it is exploring the possibility of undertaking an infrastructure development project in Seychelles, covering an area of around 139 acres. The proposed project would include housing and allied social and leisure infrastructure. The development was discussed during a recent visit by a high-level delegation from the Republic of Seychelles, led by Vice-President Sebastien Pillay, to NBCC's headquarters in New Delhi. Senior officials from both sides held detailed deliberations on potential project components and execution capabilities. NBCC presented its experience in overseas infrastructure delivery, including a large-scale social housing project in Maldives. The company is already executing multiple projects in Seychelles, including the Indian Chancery Building and associated residential and cultural facilities.Read more

24 Feb 2026

Godrej Properties has signed a joint development agreement to develop an 18-acre residential project in Thane, Mumbai, with potential revenues exceeding INR 7,500 crore. The company, which expands through both land acquisition and joint ventures, considers Thane a key market in the Mumbai Metropolitan Region. The project will be its fourth in Thane. Strong sales growth has positioned Godrej Properties on track to meet its full-year revenue target of INR 32,500 crore for the 2025-26 fiscal, reflecting robust demand and strategic market expansion.Read more

24 Feb 2026

Suraj Estate Developers Ltd has invested INR 304 million in the share capital of Hally Pacific, according to a recent regulatory update. The investment reflects the company's continued capital deployment strategy as it strengthens its project pipeline and corporate structure. While specific details of Hally Pacific's business were not disclosed, the move aligns with Suraj Estate's expansion plans in the Mumbai real estate market. The company has been actively pursuing redevelopment and residential projects in key micro-markets, focusing on structured growth and capital allocation.Read more