22 Apr 2026

Goswami Infratech, part of the Shapoorji Pallonji Group, has likely secured investor support to extend repayment of its high-yield debt by two months. The company had earlier raised INR 143 billion through bonds from global private credit funds and now has an outstanding of INR 83.43 billion. The extension request comes amid delays in its planned USD 2.8–3.1 billion fundraising due to rising hedging costs. Most investors are said to be aligned with the proposal without seeking additional returns, indicating continued confidence in the group’s repayment strategy despite near-term liquidity challenges.Read more

21 Apr 2026

Panchshil Realty has secured Integrated Management System certification across 12 office parks spanning approximately 16.6 million sq ft in Pune and other locations. The certification covers four ISO standards ISO 9001, ISO 14001, ISO 45001, and ISO 41001 across assets including IT parks, SEZs, and mixed-use developments. The portfolio also includes three office parks under Ventive Hospitality Ltd. The certification applies to end-to-end facility management services and reflects adherence to global operational, environmental, and safety benchmarks as the developer expands its commercial real estate footprint.Read more

Bangalore News Desk

20 Apr 2026

Sowparnika Projects is in advanced discussions to raise INR 500 crore to fund its expansion across South India, with plans to develop around 5.5 million sq ft over the next 18-24 months. The Bengaluru-based developer is targeting a near doubling of its revenue from around INR 850 crore to INR 1,500 crore by FY27. The capital raise is expected to be backed by institutional investors and will support growth across key markets including Bengaluru, Kerala and Tamil Nadu. The company operates in the mid and upper-mid residential segments, with a significant share of demand coming from first-time homebuyers.Read more

Mumbai News Desk

20 Apr 2026

Suraj Estate Developers has acquired a land parcel in Dadar West, Mumbai, for a total consideration of INR 18 crore, comprising a cash component and area-sharing with landowners. The acquisition will be redeveloped into a residential project with an estimated gross development value (GDV) of around INR 100 crore. The site, located in the G/North ward, falls within a key South-Central Mumbai micro-market with established demand and connectivity. The project is expected to add approximately 0.18 lakh sq ft of saleable area and strengthen the company's near-term development pipeline within its core operating region.Read more

18 Apr 2026

Srishti Group has introduced limited-period festive offers across its residential projects, Craft d Srishti in Nahur (West) and Srishti Oasis in Bhandup (West), aligned with the Akshaya Tritiya buying season. The scheme includes financial incentives such as zero GST, no floor rise charges, spot discounts, and a flexible payment plan, alongside a 10 gm gold coin for buyers. The developments are located along the Goregaon-Mulund Link Road (GMLR), a key infrastructure corridor expected to improve east west connectivity in Mumbai. The offer window remains open until the end of the current month, targeting both end-users and investors.Read more

18 Apr 2026

Crietor Group has launched The Skye, a luxury residential development in Kozhikode, Kerala, with a total project value of approximately INR 250 crore. Spread across 10 acres at Kashmir Kunnu, the project will comprise 62 villas with plot sizes ranging from 7 to 12 cents and built-up areas between 3,200 sq ft and 5,700 sq ft. Prices start from INR 2.6 crore, excluding statutory charges. The development includes a 22,000 sq ft clubhouse, recreational amenities, and internal infrastructure designed for low-density living. The company has also appointed Shriya Saran as brand ambassador, reflecting its positioning in the premium housing segment.Read more

17 Apr 2026

Kalpataru Ltd has recorded a 6% year-on-year increase in sales bookings to INR 1,833 crore for the fourth quarter of FY26, compared to INR 1,724 crore in the corresponding period last year. For the full financial year, the Mumbai-based developer reported a 17% rise in pre-sales to INR 5,280 crore from INR 4,531 crore in FY25. The growth reflects sustained housing demand across key markets where the company operates. The performance underscores continued momentum in residential sales despite varying market conditions through the fiscal year.Read more

17 Apr 2026

Brigade Enterprises Ltd has signed a joint development agreement for an 8.63-acre land parcel in Gunjur, East Bengaluru, as part of a larger 39-acre integrated residential township planned in the Whitefield Sarjapur corridor. The project is estimated to generate a gross development value (GDV) of approximately INR 7,200 crore. The township will be developed through a mix of outright land purchases and joint development agreements. The location has seen sustained residential demand driven by infrastructure upgrades, connectivity improvements, and proximity to key employment hubs, making it a significant micro-market in Bengaluru's eastern growth corridor.Read more

17 Apr 2026

Signature Global has entered into a licensing agreement with Italian brand Tonino Lamborghini to develop a branded luxury residential project in Sector 71, Gurugram. The project, spread over 12.40 acres, will comprise 812 apartments under the Tonino Lamborghini Residences Gurugram branding. This marks the brand's entry into India's residential real estate market. The commercial arrangement includes a fixed fee payable in instalments along with a performance-linked component. The developer has not disclosed the project investment. The development reflects the continued expansion of branded residences in India's premium housing segment, particularly in Gurugram, where developers are increasingly partnering with global lifestyle brands to position projects in the upper-end market.Read more

17 Apr 2026

ASBL has initiated the Expression of Interest process for its upcoming high-rise gated residential project at RTC X Roads in Hyderabad. The development is positioned in a central location with strong metro, rail, bus, and airport connectivity, along with proximity to Hussain Sagar Lake and key social infrastructure. Spread across 7.98 acres, the project includes three towers of G+50 floors with about 1,500 units, large open spaces, and extensive amenities. It offers 3 and 4 BHK homes in multiple configurations. The launch follows ASBL's previous projects that recorded strong sales performance in Hyderabad's residential market.Read more