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Kolte-Patil Developers Q1 pre-sales dip 13% to ₹616 cr on lower volumes
Real estate company Kolte-Patil Developers Ltd’s sale bookings declined 13 per cent to ₹616 crore in the first quarter of this fiscal year on lower volumes and average price realisation. Its sale bookings or pre-sales stood at ₹711 crore in the year-ago period. In a regulatory filing on Saturday, the company informed that its ...
July 12, 2025
Lohia Worldspace to invest ₹200 cr in 1st housing project at Moradabad
Realty firm Lohia Worldspace will invest about ₹200 crore to develop a 10-acre housing project in Moradabad, Uttar Pradesh, marking its entry into real estate business. This will be the company’s first real estate project, comprising 175 luxury villas. Lohia Worldspace is the real estate arm of the diversified Delhi-based Lohia Global, a privately ...
July 12, 2025
Luxury housing sales surge 85% in H1 2025: Report
NEW DELHI: India’s luxury housing market witnessed a sharp acceleration in the first half of 2025, with sales rising 85% year-on-year to nearly 7,000 units across the top seven cities, according to a joint report by CBRE South Asia and ASSOCHAM. This surge underscores growing appetite among high net-worth individuals (HNIs), ultra-HNIs and non-resident ...
July 12, 2025
Puravankara pre-sales grows 6% to ₹1,124 crore in Q1, price realisation up 9%
Press Release – Puravankara | Photo Credit: GRJGM Puravankara Limited has reported pre-sales of ₹1,124 crore in Q1 FY26, up by 6 per cent year-on-year (y-o-y). The average price realisation was up by 9 per cent (y-o-y), while customer collections for the quarter stood at ₹857 crore. Commenting on the company’s performance, Ashish Puravankara, ...
July 11, 2025
Smartworks Coworking Spaces IPO fully subscribed on day 2 of offering
NEW DELHI: The initial public offering (IPO) of Smartworks Coworking Spaces Ltd got subscribed 1.15 times on day two of bidding on Friday. The IPO received bids for 1,19,96,496 shares against 1,04,01,828 shares on offer, according to NSE data. The portion for non-institutional investors received 1.79 times subscription while the quota for retail individual ...
July 11, 2025
Chandigarh housing board plans new residential projects in sector 54
CHANDIGARH: Dormant for nearly a decade, the Chandigarh Housing Board (CHB) is finally waking up to the housing needs of the city. Even as CHB prepares to launch the Sector 53 self-financing housing scheme, plans are afoot to develop a new housing scheme in Sector 54. “The CHB has been allocated around 32 acres ...
July 11, 2025
Private equity investments in Indian real estate jump 38% to $2.4 bn in H1 2025
The report also highlighted how commercial office assets continued to lead the pack in Q2 2025, accounting for around 31% of total investment volume. Private equity investment inflows into the Indian real estate sector reached $2.4 billion (₹20,300 crore) in the first half of the calendar year 2025 (H1), which is a 38 per ...
July 10, 2025