09 Feb 2026

Oberoi Realty has emerged as the highest bidder for an 11-acre railway land parcel in Bandra East, Mumbai, with a bid of INR 5,400 crore. The land, offered by the Railway Land Development Authority on a 99-year lease, has a development potential of around 19.50 lakh sq ft. Financial bids were opened during the past week, and the company is awaiting further steps from RLDA. The development comes alongside a marginal rise in the company's quarterly profit and income.Read more

08 Feb 2026

Keystone Realtors Limited, which operates under the Rustomjee brand, has reported strong operating and financial performance in Q3FY26, supported by steady housing demand and an active launch pipeline. The Mumbai Metropolitan Region-based developer recorded pre-sales of INR 8.37 bn during the quarter, taking year-to-date FY26 pre-sales to INR 26.76 bn, marking a 23% increase over the same period last year. During the first nine months of FY26, the company launched five projects with a combined gross development value of INR 58.35 bn, achieving over four-fifths of its full-year guidance. It also added four new projects with a GDV of INR 86.49 bn, surpassing its annual acquisition target, underlining a robust expansion strategy focused on redevelopment-led growth.Read more

08 Feb 2026

DLF has agreed to sell its IT/ITeS SEZ property and adjacent land parcel in Kolkata to subsidiaries of Srijan Realty for around INR 670 crore. The transaction includes DLF TechPark II, offering about 10.54 lakh sq ft of gross leasable area, and roughly 8.15 acres of freehold land, along with a 17.75-acre vacant land parcel. In FY2024-25, the SEZ business generated INR 66.88 crore, a minor share of DLF's consolidated turnover. The sale reflects DLF's ongoing strategy to optimize its portfolio and focus on core high-value assets.Read more

08 Feb 2026

Godrej Properties Ltd has launched a structured mental health and wellbeing initiative for construction workers across all its project sites, marking a significant expansion of its labour welfare measures. Branded as Godrej Sahyog, the programme follows the successful completion of a six-month pilot conducted across six construction sites in the Mumbai Metropolitan Region. The initiative is now being extended to 79 identified project sites, covering around 30,000 workers across key markets such as Mumbai, Delhi-NCR, Bengaluru, Chennai, Pune, Hyderabad, Kolkata, Gujarat and Chhattisgarh. Implemented in partnership with mental health services provider 1to1 Help, the programme includes on-site group sessions, individual counselling and a 24x7 helpline for crisis support. The company indicated that the initiative reflects its broader commitment to worker wellbeing across its construction ecosystem.Read more

07 Feb 2026

Pune-headquartered real estate developer Mantra Group has appointed Raghu G Iyer as its chief revenue officer, effective 2 February 2026, as part of its efforts to strengthen revenue planning and sales execution across markets. In his new role, Iyer will oversee sales, marketing, channel partnerships and growth initiatives, working closely with the leadership team to support the company's expansion strategy. With over 14 years of experience in the Indian real estate sector, Iyer brings a strong background in residential sales, revenue planning and operational execution. His appointment comes at a time when Mantra Group continues to expand its residential portfolio and sharpen its market presence. The company believes the addition of a dedicated revenue leadership role will help enhance performance, improve scalability and support long-term growth objectives.Read more

Hyderabad News Desk

07 Feb 2026

Makuta Developers has joined hands with CREDAI Hyderabad as the exclusive presenting partner for the Credai Hyderabad Property Show 2026, scheduled to be held from February 6 to 8. Organised by the Hyderabad chapter of the Confederation of Real Estate Developers Associations of India, the three-day property expo is expected to bring together leading developers and showcase a wide range of residential and commercial projects across the city. Makuta Developers will present its full portfolio at Stall PP2, highlighting its focus on quality-led, customer-centric development. The collaboration underlines the developer's growing presence in the Hyderabad real estate market and its intent to engage directly with homebuyers and investors at a key industry platform.Read more

07 Feb 2026

Signature Global posted a consolidated net loss of INR 45.33 crore for the quarter ending December, a reversal from a profit of INR 29.13 crore in the same period last year, driven by a steep 64% drop in total income to INR 312.76 crore. The company's revenue for the first nine months stood at INR 14.9 billion, with collections reaching INR 30.9 billion. Pre-sales for the period were INR 66.8 billion, with average sales realization per sq ft rising to INR 15,182. Financial ratios reflected reduced margins amid a softer real estate market, while operational performance remained steady in the first three quarters.Read more

06 Feb 2026

Knowledge Realty Trust (KRT), India's largest and most geographically diversified office REIT, has reported a strong operating and financial performance for the quarter and nine months ended December 31, 2025. During Q3 FY26, the REIT recorded a 21% year-on-year increase in revenue and a 19% rise in net operating income, supported by sustained leasing activity and stable portfolio occupancy. Leasing during the quarter stood at 0.6 million sq ft, taking cumulative leasing for the first nine months of FY26 to 2.4 million sq ft. The trust also declared distributions of INR 6,953 million, reflecting healthy cash flows. During the quarter, KRT was included in the FTSE EPRA Nareit Global REITs Index, while its unitholder base doubled since listing, indicating growing global and domestic investor interest.Read more

06 Feb 2026

G Square Group has acquired a 5-acre heritage land parcel in the heart of Madurai from the legacy owners of the TVS Group, marking one of the city's most notable real estate transactions in recent years. The land, originally owned by the late T. V. Sundaram Iyengar, founder of the TVS Group, is believed to be the group's first landholding in Madurai, lending it significant historical and cultural value. The developer plans to transform the site into a premium residential and commercial plotted project named G Square Temple View Square, located near the Periyar Bus Stand and the Meenakshi Amman Temple. Acquired for INR 167 crore, the project will include residential and commercial plots along with infrastructure and common amenities, targeting both end-users and long-term investors.Read more

06 Feb 2026

Arkade Developers has registered a new residential project in Goregaon West with a GDV of INR 3.5 billion, reflecting the company's ongoing expansion in Mumbai's western suburbs. Known for delivering quality residential and mixed-use projects, Arkade is targeting the growing demand for well-connected urban housing. The project aims to attract buyers seeking modern amenities near commercial and entertainment centers. Industry observers highlight that this registration continues Arkade's trend of strategic developments designed to strengthen its footprint in Mumbai's competitive real estate sector.Read more