01 Aug 2025

ATS Infrastructure has fully repaid INR 190 crore, covering both principal and interest, to the government-backed SWAMIH Fund after completing its previously stalled residential project 'ATS Marigold' in Gurugram. The SWAMIH Fund had invested INR 133 crore in the project back in February 2021, providing crucial support during a financial crunch. With all 422 units across six towers completed, the project has now secured an occupation certificate. The repayment underscores the fund's impact in reviving stressed projects, especially those derailed due to the NBFC crisis and the pandemic.Read more

01 Aug 2025

Godrej Properties has forayed into the Vadodara real estate market by acquiring approximately 34 acres of land for the development of a residential project comprising premium plots. This move marks the company's entry into the city as part of its broader Gujarat expansion strategy. Previously, the firm had acquired a 3-acre parcel in Ahmedabad's Vastrapur area. The new Vadodara project will focus exclusively on plotted residential offerings, reflecting growing demand in the region.Read more

01 Aug 2025

Flexible workspace provider Incuspaze has leased 3 lakh sq. ft. across three properties in Jaipur-The Edge, Sitapura Campus, and GT Landmark-marking a strategic expansion into Tier 2 markets. The move aligns with rising demand from GCCs and innovation-led companies. Jaipur's growing appeal lies in its infrastructure, affordability, and talent pool. Nationwide, flexible space operators leased 1.6 million sq. ft. in Tier 2 cities in 2023, with Jaipur seeing a 74% YoY leasing surge in Q1 2025. Incuspaze now operates in 18+ cities with a 4 million sq. ft. portfolio, aiming for INR 350-400 crore revenue in FY26 and an upcoming IPO.Read more

31 Jul 2025

The Uttar Pradesh government has secured INR 12,031 crore under the Pradhan Mantri Awas Yojana (Urban) Mission 2.0. This funding aims to provide permanent houses to the urban poor across the state, aligning with the "Housing for All" initiative. Chief Minister Yogi Adityanath has stressed transparency and quality, ensuring each house is geo-tagged, photographed, and designed with disaster-resilient features. With construction costs shared between central and state governments, this move is set to boost social security for the urban poor and support integrated urban development throughout Uttar Pradesh.Read more

30 Jul 2025

Brigade Enterprises has entered into Joint Development Agreements (JDAs) with landowners to launch two luxury residential projects-Brigade Citadel 2 and Citadel - in Moti Nagar, Hyderabad. Spanning 10 acres with a development potential of 1 million sq ft, the projects will comprise 405 luxury apartments and are expected to generate over INR 970 crore in revenue. Executive Director Amar Mysore called the move a strategic expansion in one of their key South Indian markets. Brigade Group, headquartered in Bengaluru, continues to grow its footprint across southern cities, focusing on high-quality, sustainable development in residential, office, retail, and hospitality sectors.Read more

30 Jul 2025

Realty firm Omaxe Ltd has raised INR 431 crore through the issue of Non-Convertible Debentures (NCDs) on a private placement basis. This capital infusion, primarily for business growth, was executed through its subsidiary, Omaxe New Chandigarh Developers Pvt Ltd. The move follows Omaxe's recent announcement of acquiring a 450-acre land parcel in Indore for a large township project with an investment of INR 1,200 crore. This fundraising via NCDs highlights Omaxe's strategy to expand its presence across North and Central India, building on its extensive development portfolio.Read more

29 Jul 2025

Realty firm Brigade Enterprises recently announced it aims for revenue exceeding INR 1,000 crore from its newly launched residential project, 'Brigade Avalon', in Bengaluru. The project, spread across 4.36 acres on Whitefield Main Road, features 206 apartments and offers a total development area of 6.4 lakh square feet. Whitefield is a key area for Brigade Enterprises, which has been a leading real estate developer since 1986, with a diversified portfolio across residential, office, and retail properties, alongside interests in hospitality and education.Read more

29 Jul 2025

The Uttar Pradesh Housing Board has approved two major affordable housing projects in Banda and Chitrakoot, aiming to deliver nearly 14,000 units, with a significant focus on plot-based offerings. Spread across 338 acres in Banda and 161 acres in Chitrakoot, these new townships are expected to drive residential development in the Bundelkhand region. With a combined investment of over INR 2,200 crore, the land acquisition process is underway. Additionally, the board is reintroducing 11,811 unsold flats from earlier schemes across the state, with registrations to open in the coming weeks.Read more

28 Jul 2025

DLF Ltd has sold all 416 units in Phase 1 of its luxury project, The Westpark, in Andheri West, Mumbai, generating INR 2,300 crore in just days. Developed under the SRA scheme with Trident Realty, the project marks DLF's re-entry into Mumbai after a decade-long hiatus. DLF holds a 51% stake in the special purpose vehicle, with a combined investment of INR 900 crore. This successful launch, alongside strong performance in Gurugram, has helped DLF surpass 50% of its FY2024-25 sales target. The firm recorded all-time high sales of INR 21,223 crore last fiscal and aims for INR 20,000-22,000 crore this year.Read more

28 Jul 2025

Office space leasing in Delhi-NCR more than doubled during the April-June quarter, reaching 2.62 million square feet, driven by strong corporate demand in Gurugram and Noida. This contributed to a 10 percent rise in overall office space absorption across India's top seven markets, totaling 18.79 million square feet, according to Vestian's recent report. Southern cities like Bengaluru, Hyderabad, and Chennai led this growth, accounting for 59 percent of the demand. This upward trend is expected to continue as more enterprises return to office operations and new Grade A projects come online in the second half of the year, with total absorption projected to surpass 75 million square feet by year-end.Read more