01 Apr 2026

Lodha Developers Ltd has raised INR 500 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The company allotted 50,000 debentures with a face value of INR 1 lakh each, carrying an annual interest rate of 8.52%, payable semi-annually. The fundraise reflects continued reliance on structured debt instruments by real estate developers to support project financing and expansion. Lodha Developers has an established presence in the Mumbai Metropolitan Region, Pune and Bengaluru, and has also entered the Delhi-NCR market through recent land acquisitions for residential development.Read more

01 Apr 2026

Authorities in Prayagraj are planning to construct more than 1,000 affordable housing units under the Pradhan Mantri Awas Yojana (PMAY) Phase II, led by the Prayagraj Development Authority (PDA). The project is currently in the land identification stage, with multiple sites shortlisted across the city, including Dhobighat, Peepal Gaon, Khuldabad and Civil Lines. Nearly 1,000 beneficiaries have already registered through the District Urban Development Agency (DUDA) and are expected to be prioritised during allotment. The initiative is aimed at providing formal housing to economically weaker sections, addressing urban housing shortages, and improving living conditions. The project also reflects ongoing efforts to align land availability with affordable housing delivery in growing urban centres.Read more

31 Mar 2026

DLF Limited has completed the sale of its IT/ITeS special economic zone (SEZ) project and an adjoining 17.75-acre land parcel in Kolkata to entities of the Srijan Group for a total consideration of INR 710.23 crore. The transaction includes the transfer of DLF TechPark II and vacant land through separate group entities of the buyer. The deal, announced earlier, aligns with DLF's strategy to monetise commercial assets and recycle capital. The divestment reflects continued consolidation in commercial real estate portfolios and the role of regional developers in acquiring income-generating assets and land parcels for future development.Read more

30 Mar 2026

Jindal Stainless has started drawing renewable energy from Oyster Renewable Energy's hybrid project in Madhya Pradesh, marking progress in its decarbonisation plans. The project is part of a larger 315 MW renewable energy agreement signed earlier, with power being supplied to its plants in Odisha and Haryana. The company has already reduced emissions significantly in FY25 and plans to further increase green energy use in FY26. With additional capacity expected soon, this move reflects a broader industry shift towards clean and cost-efficient power solutions.Read more

30 Mar 2026

Aditya Birla Real Estate Ltd has announced a redevelopment project in Mumbai through a joint venture with Parinee Group. The project is expected to unlock a development potential of around INR 1,700 crore. This move reflects the company's continued focus on expanding its urban redevelopment portfolio in key cities like Mumbai, where demand for modern housing and commercial spaces remains strong. Redevelopment projects have become a major growth driver for real estate firms due to limited land availability and increasing interest from housing societies seeking better infrastructure and living conditions.Read more

30 Mar 2026

Arvind SmartSpaces Ltd has entered the Mumbai redevelopment segment with a new housing society project in Santacruz, targeting a revenue potential of around INR 300 crore from the free sale component. The Ahmedabad-based developer disclosed in a regulatory filing that the project will offer an estimated saleable carpet area of 42,000 sq ft. The redevelopment aligns with the company's expansion strategy in the Mumbai Metropolitan Region (MMR), where supply of redevelopment opportunities continues to grow amid limited greenfield land availability. The project adds to the company's existing presence across key cities including Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune, and reflects continued developer interest in unlocking value through urban redevelopment.Read more

30 Mar 2026

Prestige Estates Projects Ltd and Arihant Group have jointly acquired a 16.3-acre land parcel in Padi, Chennai, to develop a premium residential project with an estimated revenue potential of around INR 5,000 crore. The acquisition has been executed through their joint venture entity, Canopy Living LLP. The planned development will have a saleable area of approximately 3.6 million sq ft. The companies have not disclosed the transaction value or seller details. The project reflects continued developer interest in Chennai's residential market, supported by infrastructure growth and evolving housing demand.Read more

30 Mar 2026

Brigade Enterprises Ltd has announced the launch of a new residential project, Brigade Lumina, in Bengaluru with an estimated revenue potential exceeding INR 7 billion. The development reflects the company's continued focus on expanding its residential portfolio in key urban markets. Bengaluru remains a priority market for Brigade Group due to steady housing demand and infrastructure growth. The project is expected to contribute to the company's upcoming sales pipeline and strengthen its presence in the city's competitive real estate market, where mid to premium housing demand has remained consistent.Read more

29 Mar 2026

Puravankara Ltd, a Bengaluru-based real estate developer, has outlined plans to launch around 30 residential projects over the next 24-30 months, targeting an estimated revenue of INR 35,636 crore. The company currently has 26 ongoing projects with units worth INR 19,742 crore under sale. Its total inventory stands at INR 55,378 crore, covering both ongoing and upcoming developments. With a strong focus on branded housing demand, the firm expects steady growth supported by timely execution, customer demand across key Indian cities, and interest from non-resident buyers, particularly from Gulf regions.Read more

29 Mar 2026

Casagrand Commercial has commenced construction of a 4.28-acre Grade A office development, Casagrand Skytech, in Perungudi. The project will deliver approximately 1 million sq ft of office space, targeting large corporates, IT/ITES firms, and global occupiers. Located along Chennai's IT corridor, the development is designed with large floor plates and modern infrastructure to support scalable office operations. The project adds to the developer's expanding commercial portfolio, which currently spans over 4 million sq ft across multiple cities, reflecting continued investment in office assets amid sustained demand from technology-led occupiers.Read more