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Real Estate / Construction

21 articles
Prestige Estates Launches ₹9,500 Cr Hyderabad Township
Prestige Estates launches 'Prestige Golden Grove', a 5,120-unit township in Hyderabad with a Gross Development Value (GDV) of ₹9,500 crore. The project spans 28.6 acres in Tellapur with a saleable are
EXCELERATE 2026 Highlights Institutional Real Estate Surge
EXCELERATE 2026 conclave highlighted India's real estate shift from family funding to institutional capital, driven by urbanization rising to ~50% by 2047. Reforms such as RERA, GST rationalisation an
India Announces Cost Escalation Relief for Highway Projects
The Ministry of Road Transport announces a 3-month relief package for National Highway projects to mitigate the impact of rising global prices on contractors and concessionaires. Key measures include
India Announces Cost Escalation Relief for Highway Projects
The Ministry of Road Transport & Highways announced a three-month relief package for National Highway projects to mitigate the impact of rising global prices on construction. Key measures include rela
SoftTech Launches India's First TDR Trading Platform
SoftTech Engineers Limited launched e-TDR, India's first unified digital TDR trading exchange platform, partnering with BMC and Government of Maharashtra. The platform serves 18,000+ registered BMC de
Prestige Group Acquires Gurugram Land, ₹4,200 Crore GDV
Prestige Estates Projects Limited secured a 17.212-acre land parcel in Sector 92, Gurugram via a Joint Development Agreement. The project targets ~3 million sq ft saleable area with an estimated Gross
Amaravati Designated Sole Capital of Andhra Pradesh
The Lok Sabha passed the Andhra Pradesh Reorganisation (Amendment) Bill, 2026, designating Amaravati as the sole capital of Andhra Pradesh and ending years of uncertainty. The bill is expected to unlo
Marathon Acquires Three Realty Entities, GDV ₹840 Crore
Marathon Nextgen Realty's subsidiary NZIT acquired 51% controlling interest in three real estate entities for ₹70 crore. The acquisitions unlock combined GDV of over ₹840 crore and 5.94 lakh sq. ft. c
NCB and DTU Sign MoU for Cement and Construction Skill Development
The National Council for Cement and Building Materials (NCB) and Delhi Technological University (DTU) signed an MoU to collaborate on research, training, and skill development in the cement and constr
Government Reports 1,995 Urban Homeless Shelters Established
The Ministry of Housing and Urban Affairs reported on the completion of the Shelter for Urban Homeless (SUH) scheme, a component of the DAY-NULM mission. A total of 1,995 permanent all-weather shelter
IndiQube Signs ₹75 Crore Healthcare Tech GCC Deal
IndiQube Spaces Limited signed a ₹75 crore, five-year workspace leasing deal with a leading Healthcare Tech GCC in Bangalore. The client has taken up over 48,000 sq.ft. of Grade A workspace along Bang
Deepak Builders Bags ₹474 Cr IOCL Residential Project
Deepak Builders & Engineers India Limited secured L1 bidder status for a ₹474.25 crore residential project at IOCL's Panipat Refinery Township in Haryana. The project involves construction of 12 high-
Arvind SmartSpaces Enters Mumbai Society Redevelopment Segment
Arvind SmartSpaces signed its first residential apartment project in Mumbai via society redevelopment in Santacruz (West). The project offers a top-line potential of ~Rs. 300 crore with total estimate
Birla Estates Enters Mumbai Redevelopment With ₹1,700 Cr Project
Birla Estates Private Limited announces its first redevelopment project in Mumbai MMR at Khar West, via a JV with Parinee Real Estate Builders. The project spans 1.3 acres (~5,261 sq.mts) with 2.9 lak
Prestige, Arihant Acquire Chennai Land, ₹5,000 Cr GDV
Prestige Group and Arihant Group jointly acquired a 16.331-acre prime land parcel in Padi, Chennai via Canopy Living LLP. The site will be developed into a premium residential project with ~3.6 mn sq.
Prestige-Arihant JV Acquires Chennai Land, GDV ₹5,000 Cr
Prestige Group and Arihant Group jointly acquired a 16.331-acre prime land parcel in Padi, Chennai via Canopy Living LLP. The proposed premium residential project targets ~3.6 million sq ft saleable a
B-Right Realestate Crosses ₹1,000 Crore Market Cap
B-Right Realestate Limited (BRRL) announces crossing ₹1,000 crore market capitalisation milestone via a Regulation 30 press release. BRRL reported 153% revenue growth in FY25, reaching ₹103.43 crore,
WeWork India Invests ₹31 Crore for Bengaluru Expansion
WeWork India signs 10-year lease for ~81,000 sq. ft. at Embassy Vertex, Residency Road, Bengaluru, investing ₹31 crore. The new centre spans six floors with 1,250+ desks and is set to open in Q1 FY27
Arkade Launches Luxury Project Evoke, GDV ₹230 Cr
Arkade Developers launched Arkade Evoke, a luxury residential project in Goregaon West, Mumbai with a GDV of ₹230 crore. The project spans 1.09 acres, offering premium 2 and 3 BHK units and is Arkade'
Brigade Belvedere Launch: ₹1,100 Cr Revenue Potential
Brigade Enterprises launched Brigade Belvedere, a residential project on 10.75 acres in East Bengaluru with ₹1,100+ Crore revenue potential. The initial phase covers two of five planned towers with 77
Puravankara Plans 30 Projects, Rs 55,000 Cr GDV
Puravankara Limited announced a pipeline of 30 projects across South India and Mumbai with GDV exceeding Rs 55,000 crores over the next 24 months. The pipeline spans ~51.14 million sq. ft. of developa