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Godrej Properties on track to meet or exceed ₹32,500 cr pre-sales target for FY26: Pirojsha Godrej

Many property consultants have reported a decline in the total housing sales across the top seven cities in the last two quarters | Photo Credit: Andrii Yalanskyi Godrej Properties is on track to meet or even exceed ₹32,500 crore sales bookings target for this fiscal as housing demand continues to be strong, its executive ...

August 3, 2025

Anand Automotive buys bungalow in Delhi for ₹195 crore

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August 3, 2025

Residential launches dip by 5% in H1 CY25 amid market caution, rising costs: CREDAI

The data of pan India market performance in the first half shows that Tier 1 cities across India recorded housing sales worth approximately ₹3.6 lakh crore, marking a 9% increase from ₹3.3 lakh crore in H1 CY24. India’s residential real estate sector has witnessed a slowdown in new project launches, with the number of ...

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August 2, 2025

Ujjain IT Park to get an expansion with phase II

INDORE: The information technology (IT) Park in Ujjain, currently under development, will undergo expansion to phase two, accommodating a larger number of technology firms and startups. Madhya Pradesh Industrial Development Corporation (MPIDC) has appointed a developer for the second phase, which will span approximately 1.5 acre. “Plan for the second phase of IT Park ...

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August 2, 2025

Optum leases office space in Chennai’s Embassy Splendid Tech Zone for GCC

Optum Global Solutions, India arm of US healthcare giant UnitedHealth Group, has leased a 500,000-square-feet office space in Chennai, in one of the largest deals in South India’s commercial office market this year.The facility in the Embassy Splendid Tech Zone, will serve as Optum’s newest Global Capability Centre (GCC), bolstering its existing footprint across ...

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August 2, 2025

Rising construction costs hinder progress of PMAY-G scheme in Mysuru and Chamarajanagar

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August 2, 2025

Godrej Properties posts record Q1 net profit despite sales decline

Godrej Properties Limited reported its highest-ever quarterly net profit of ₹600 crore for Q1 FY26, marking a 15 per cent year-on-year growth despite facing headwinds in booking values. The real estate developer’s booking value declined 18 per cent to ₹7,082 crores compared to the same quarter last year, though this marked the eighth consecutive ...

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August 1, 2025

BlackRock in talks with developers for one million sq ft office space in NCR

BlackRock Negotiates 1 Million Sq Ft Office Space in NCR with Bharti and DLF, ETRealty Published On Aug 1, 2025 at 09:46 AM IST Asset manager Blackrock Inc. is in talks with two real estate developers in the National Capital Region (NCR) to lease 1 million sq ft of office space, three people aware ...

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August 1, 2025

Mumbai clocks ₹1,101 crore from property registrations in July 2025

NEW DELHI: Mumbai city (under BMC jurisdiction) recorded 12,366 properties registrations in July 2025, contributing ₹1,101 crore to the Maharashtra’s revenue through stamp duty collections. Stamp duty collections witnessed a rise of three per cent year-on-year supported by growth in high ticket transactions. On a month-on-month (MoM) basis property registrations increased by seven per ...

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July 31, 2025

Housing sales volume down 5% in H1 across top 8 cities, up 9% in value: CREDAI

Housing market is witnessing “premiumisation” across major cities | Photo Credit: iStockphoto Housing sales fell 5 per cent to 2.53 lakh units during the first six months of this year but increased 9 per cent in value terms to ₹3.59 lakh crore across eight major cities, according to a CREDAI and CRE Matrix report. ...

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July 31, 2025