21 Aug 2025

Godrej Properties has acquired around 7.82 acres of land in Kukatpally, Hyderabad, for nearly INR 550 crore through an e-auction held by the Telangana Housing Board. The company will develop a housing project on this site, with an estimated revenue potential of INR 3,800 crore. Industry observers note that the price per acre achieved in this auction is significantly higher than recent sales in the same locality, reflecting rising demand. With this move, Godrej strengthens its growing presence in Hyderabad's residential market.Read more

21 Aug 2025

Landmark Group has committed an investment of INR 400 crore for the construction of a new premium housing project in Gurugram. The development, named Landmark SKYVUE, will feature 240 apartments across a four-acre site in Sector 103, close to the Dwarka Expressway. The group has owned the land since 2009 and has already cleared all government-related approval charges. Construction will be financed through internal accruals, bank loans, and advances from buyers.Read more

20 Aug 2025

LML Realty has announced an INR 150 crore investment in its first industrial park at Firozpur Jhirka in Haryana, developed under the state's PADMA scheme. Spread across 35 acres, the park will feature plug-and-play units, a dedicated exhibition and display centre, and in-house R&D and testing facilities. MSMEs moving into the park will benefit from state incentives, including SGST refunds, capital subsidies, electricity duty waivers, and support for branding, technology, and R&D. This investment builds on LML's recent industrial ventures in Haryana, including land acquisition for an EV industrial hub.Read more

20 Aug 2025

The Chandigarh Housing Board (CHB) is preparing to launch a major housing project in Sector 54, planning around 1,700 flats across 32 acres. The project will include 15% units for the economically weaker section (EWS). Currently, CHB owns 14 acres, with the remaining land to be transferred by the estate office and the UT engineering department. A demand survey will be conducted to gauge public interest, finalize the layout, and decide pricing. The project will be executed in phases and is expected to be planned over the next few months.Read more

19 Aug 2025

Embassy Developments Ltd has projected revenue of INR 560 crore through development management fees for two new housing projects located in Mumbai and Bengaluru. The company disclosed in its investor presentation that these projects, structured under the DM fee model, carry a total estimated revenue potential of INR 5,600 crore. Despite reporting a consolidated net loss of INR 165.84 crore in the latest quarter, the firm recorded an increase in total income compared with the same period last year.Read more

19 Aug 2025

Janakpuri's District Centre, once a thriving hub for shopping and dining in West Delhi, has witnessed a revival with the steady entry of modern commercial developments. Spring House Workspaces, a homegrown flexible office operator, has reinforced its presence in the area by opening its third centre in Janakpuri. Spread across 20,000 sq. ft. with a capacity of over 400 seats, the facility is designed to meet the needs of startups, MSMEs, global enterprises, and remote professionals.Read more

19 Aug 2025

Hyderabad's premium housing segment, comprising homes priced at INR 1.5 crore and above, saw a 17% increase in sales during the first half of 2025, according to a report by global real estate firm JLL. This growth is notable as it occurred despite a 6% dip in overall residential sales across all price categories in the city. The surge is primarily driven by the city's strong IT presence, a preference for larger homes with high-end amenities, and rising affluence among tech professionals.Read more

18 Aug 2025

Apple has secured one of Bengaluru's largest single-tenant office leases in a deal valued at over INR 1,000 crore. The technology giant has signed a 10-year lease for approximately 2.7 lakh sq ft of office space in the Embassy Zenith project. This strategic investment in a new corporate hub in Bengaluru runs parallel to its aggressive expansion in manufacturing and retail, positioning India as a key pillar in Apple's global ecosystem.Read more

18 Aug 2025

Dow Chemicals has leased 2.56 lakh sq ft at Mindspace SEZ in Airoli, spanning five floors for a 10-year term at INR 1.64 crore monthly rent (INR 64 per sq ft). The deal includes 5% annual escalation, a security deposit of INR 14.77 crore, and a fit-out deposit of INR 82.09 crore refundable in installments, alongside a fixed fit-out rent of INR 29.45 per sq ft. The move highlights strong multinational demand for premium offices in Greater Mumbai. Mindspace REIT recently reported 1.7 million sq ft of leasing across major cities, driven by GCCs, BFSI, and tech firms, underscoring India's robust office market momentum.Read more

18 Aug 2025

Bollywood actress Kriti Sanon has purchased a luxurious duplex penthouse in Supreme Prana, an under-construction tower in Mumbai's Pali Hill, Bandra West, for over INR 78.20 crore. Spanning 6,636 sq ft across the 14th and 15th floors, the sea-facing home also includes a 1,209 sq ft terrace and six car parking slots. Registered jointly with her mother, the deal involved INR 3.91 crore in stamp duty, benefiting from a 1% concession for women buyers, with the total cost exceeding INR 84.16 crore after charges. Sanon, who also owns land in Alibaug, joins a growing trend of Bollywood stars investing in prime real estate.Read more