News

Real estate developer HoABL has successfully deployed agentic AI technology to manage sales for its Naigaon affordable housing project, attracting over 8,800 registrations for 1,419 homes without any traditional sales staff or site visits.

The groundbreaking of Gurgaon's 28.5-kilometre Millennium City Centre to Cyber City metro line has generated significant excitement among real estate stakeholders, with analysts predicting substantial growth in both residential and commercial property segments across the city.

India's housing sector is witnessing a dual trend with premium properties priced above ₹1.5 crore recording sharp sales growth in metro cities, while government schemes like PMAY continue supporting affordable housing demand in emerging micro-markets.

Real Estate One Group has launched The Clermont, a premium residential project in Mohali, with expected revenues of ₹400 crore, targeting luxury housing demand in the tri-city region.

Blackstone-supported Lumina CloudInfra has acquired two land parcels totaling 3.8 acres in Mumbai's Chandivali area for approximately ₹475 crore, with plans to develop specialized data center infrastructure in the strategically located commercial corridor.

The Municipal Corporation of Delhi has extended its SUNIYO property tax amnesty scheme by three months, offering homeowners until December 31, 2025, to clear outstanding dues with only a 2% late fee on principal amounts.

Real estate major Omaxe Ltd. partners with IHCL to develop India's first stadium-hotel complex in Dwarka, featuring a 30,000-seat ICC/FIFA-standard stadium, 148-room hospitality facility, and 250,000 sq ft members' club, targeting ₹4,200 crore in lifecycle revenue by 2027.

Suraj Estate Developers has launched Suraj Park View 1, a 29-storey luxury residential tower in Dadar West with a gross development value of ₹250 crore, featuring 0.53 lakh sq ft of saleable area and full MahaRERA registration.

Seaside leisure developers are increasingly turning to coastal Maharashtra and Gujarat as Goa's premium beach land becomes scarce and expensive, offering competitive alternatives for luxury second-home buyers.

In a landmark transaction valued at ₹2,550 crore, the Prime Offices Fund managed by Nuvama Asset Management and Cushman & Wakefield has acquired a 2.4 million sq ft LEED Platinum-rated office campus in Chennai's Porur from Singapore's Keppel Group—marking one of India's largest domestic fund-led off

Facing severe water scarcity, Bengaluru's real estate developers are increasingly turning to greywater recycling systems to reduce dependence on traditional water sources and enhance sustainability credentials.

Real estate developers across India are transforming sales centers and community spaces with café-style design elements to create emotionally engaging, experiential environments that enhance buyer connections and boost conversions.

PRIME Offices Fund has acquired a 2.4 million sq ft office campus in Chennai's Porur from Keppel for ₹2,550 crore, marking one of India's largest commercial real estate deals by a domestic investment fund.

Bombay Dyeing & Manufacturing Company has appointed Rohit Santosh as Chief Executive Officer of its property arm, Bombay Realty, signaling a strategic push to strengthen its real estate operations and accelerate project development.

Arnya Real Estate Fund Advisors and Supreme Universal have partnered to create a ₹1,000 crore private equity platform focused on residential redevelopment in Mumbai and Pune's premium urban markets.