Category: Latest Stories

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Latest StoriesResidential

Noida Becomes Luxury Realty Hub as Corporates Move In

Representative AI image NEW DELHI: Noida is evolving from an affordable housing market to a premium and luxury real estate hub, a position previously held exclusively by Gurugram in the Delhi NCR region. With the launch of a new international airport, property developers aim to attract corporate clients by offering high-end residences priced up to ₹40 crore, in collaboration with leading hospitality firms. M3M, Max, Gulshan, and County Group are introducing luxury residences in Noida, with average prices ranging from ₹25,000 to ₹35,000 per sq ft. “Noida is swiftly becoming a premium and luxury real estate destination, marking a significant…

CommercialLatest Stories

Aristo Pharma Acquires ₹111 Crore Office in Andheri West

Mumbai: Aristo Pharmaceuticals has acquired office space spanning two floors in a commercial tower located in Andheri West, a western suburb of Mumbai, for over Rs 111.26 crore, marking one of the significant office transactions this year. The pharmaceutical company purchased units on the first and second floors of Parinee I from Parinee Realty and an individual seller. The deal was officially registered on March 27. The total carpet area acquired exceeds 18,300 sq ft, while the usable area, including loft space, is approximately 28,300 sq ft, according to property registration documents accessed via Propstack. This acquisition represents a carpet…

IndustryLatest Stories

TDI Infratech, DC Group to invest ₹750 crore in Ludhiana project

NEW DELHI: Realty company TDI Infratech announced a partnership with DC Group to develop a 150-acre township in Ludhiana, with an investment of ₹750 crore. The upcoming township will feature luxury housing, residential plots, and low-rise independent floors, catering to both end-users and long-term investors. The total developable area will exceed 6 million square feet. As per their statement, “TDI Infratech, in collaboration with DC Group, has announced its venture into Ludhiana through the establishment of an integrated township spanning approximately 150 acres.” Akshay Taneja, Managing Director of TDI Infratech, emphasized that Ludhiana stands out as a high-potential market with…

Latest StoriesRegulatory

SC allows Adani’s JAL acquisition, urges NCLAT to act fast

NEW DELHI: The Supreme Court on Monday decided against halting the Adani group’s ₹14,535 crore acquisition bid for the financially troubled Jaiprakash Associates Limited (JAL), while ensuring that the firm’s monitoring committee can’t make any significant policy decisions without the approval of the National Company Law Appellate Tribunal (NCLAT). A bench led by Chief Justice Surya Kant and Justice Joymalya Bagchi instructed mining giant Vedanta Ltd, which opposes the resolution plan, alongside Adani Enterprises Ltd, to present their arguments and counterclaims before the NCLAT, which is set to commence final hearings on the matter on April 10. The Supreme Court…

IndustryLatest Stories

Max Estates posts ₹5,305 crore pre-sales for FY26

NEW DELHI: Max Estates has announced pre-sales amounting to ₹5,305 crore for FY2026, primarily fueled by robust sales in the March quarter, which contributed ₹3,392 crore to the total. In comparison, the company’s pre-sales for FY2025 stood at ₹5,321 crore. Estate 105 in Noida garnered approximately ₹1,783 crore shortly after its launch in March, while Estate 361 in Gurugram added ₹1,704 crore. Additionally, Max One in Noida contributed ₹1,415 crore, which includes bookings recognized post-regulatory approvals. Sahil Vachani, the vice chairman & managing director, commented, “As we look ahead to FY27, we foresee considerable growth, backed by a total GDV…

CommercialLatest Stories

GCC Leasing Reaches Record 9.1M Sq Ft in Q1 2026

NEW DELHI: India’s office market achieved its best first quarter ever, with gross leasing reaching approximately 20.7 million sq ft in Q1 2026, a 5% increase year-on-year. This growth was primarily fueled by unprecedented demand from Global Capability Centres (GCCs), as reported by CBRE. During this quarter, GCCs occupied 9.1 million sq ft, representing 44% of the total office leasing. Bengaluru and Hyderabad emerged as leading GCC hubs, contributing 48% and 19% of the demand, respectively, while Delhi-NCR accounted for 14%. Bengaluru continued to lead in office leasing with a 29% share, followed by Delhi-NCR at 22% and Mumbai at…

IndustryLatest Stories

Keystone Realtors’ Q4 FY26 Pre-Sales Surge 58%

NEW DELHI: Keystone Realtors has reported pre-sales of ₹13.46 billion in Q4 FY26, up from ₹8.54 billion in Q4 FY25, reflecting a year-on-year growth of 58%. During FY26, total pre-sales reached ₹40.22 billion, compared to ₹30.28 billion for FY25, marking a 33% year-on-year increase. Boman Irani, chairman & managing director of the company, stated, “Our collections achieved remarkable growth, totaling ₹26.21 billion for FY26. On the business development side, we successfully launched five projects in FY26, with an aggregate GDV of ₹104.20 billion—an impressive 118% growth year-on-year. In FY26, we introduced seven projects with an estimated GDV of ₹98.13 billion,…

Latest StoriesResidential

Shreya Ghoshal’s Parents Buy Mumbai Home for ₹29.70 Crore

NEW DELHI: Shreya Ghoshal, accompanied by her parents, Shamishtha and Biswajit Ghoshal, has acquired an apartment in Godrej Trilogy, Worli, Mumbai, at a cost of ₹29.70 crore. This residence boasts a carpet area of 2,430.06 sq ft (225.76 sq meters) and a total area of 2,750.28 sq ft (255.51 sq meters). Included are three car parking spaces. The transaction involved a stamp duty of ₹1.78 crore and registration fees of ₹30,000, as per property registration documents from Square Yards on the Inspector General of Registration (IGR) website. The registration of the transaction took place in April 2026. Published On Apr…

InfrastructureLatest Stories

Ahmedabad Civic Body Shifts Parking Responsibility to Owners

Representative Image AHMEDABAD: Every evening in the bustling areas of Ahmedabad, vehicles overflow onto sidewalks, turning lanes are congested, and residents navigate through spaces ill-suited for parking. The AMC aims to address this daily chaos with new regulations established recently. “Non-compliance with these regulations may result in the suspension or revocation of building usage permissions, as outlined in the Comprehensive General Development Control Regulations-2017,” the announcement clarified. Under these new guidelines, property owners are tasked with ensuring that all vehicles—whether from residents or visitors—are parked appropriately on their premises. To facilitate this, buildings must designate a person to oversee parking…

InfrastructureLatest Stories

PMRDA Requests Clarity from Maharashtra on Maan-Mhalunge Planning

PUNE: The Pune Metropolitan Region Development Authority (PMRDA) is seeking guidance from the state’s Urban Development Department (UDD) regarding the execution of the Maan-Mhalunge Town Planning Scheme (TPS-1). There is uncertainty whether the project will remain with the PMRDA or be taken over by the Pune Municipal Corporation (PMC) following the merger of Mhalunge village. Officials have stated that a definitive decision from the state is necessary as the documentation for the 250-hectare scheme is nearing its final stages, ready for implementation. Senior PMRDA officials mentioned that a formal request has been made to the UDD for clarity on the…