INDIA REAL ESTATE NEWS
Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company has made similar acquisitions, including Gloind Vintage Infra for Rs 519 crore.
Delhi-NCR among APAC's top office markets as prime rents rise 5.4%; occupancy costs rank seventh
Delhi-NCR has emerged as a key player in the Asia-Pacific office market, marked by a notable 5.4% rise in prime office rents yearly by Q3 2026. This uptick showcases persistent demand in the region, which ranks seventh in occupancy costs among major markets. While overall office leasing has declined, the focus on enhancing workplace quality continues to lead rental rates upward, underscoring its significance for boosting productivity.
Inside Johnny Depp's lavish real estate empire: A $55 million French village, a private Caribbean island and Hollywood mansions; what properties does he own?
Actor Johnny Depp has owned several expensive properties across the world, and his real estate investments have often drawn attention from people interested in his life. Over the years, the superstar has bought homes in different locations globally. The list includes luxury homes in Hollywood, estates in Europe and a private island in the Caribbean.
DLF to invest Rs 3,750 crore for majority stake in JV with Everstone for IREO assets
DLF plans to invest Rs 3,750 crore to obtain a majority stake in a partnership with EverstoneGroup. The joint venture will focus on IREO Private Limited and other entities within the IREO group in India. It aims to acquire at least a 20% stake in the IREO India companies to secure governance rights. This transaction remains subject to regulatory approvals and is expected to conclude by 2027.
Japan’s SuMiTB makes first Indian realty fund investment with HDFC Capital
Sumitomo Mitsui Trust Bank has made its first investment in an Indian real estate fund. This investment is in HDFC Capital Development of Real Estate Affordable and Mid-Income Fund. The H-DREAM Fund has raised over $400 million in secured investor commitments. This fund targets residential projects within affordable housing while promoting green building standards. The investment reflects the strengthening economic relationship between India and Japan in the real estate sector.
Michael Jackson’s daughter Paris accuses estate executor of charging $9.4 million fee as she seeks $600 million be moved into family trust
Paris Jackson has filed a request for $600 million to be transferred into a family trust. She has allege that executor John Branca has mismanaged the funds of Michael Jackson's estate significantly. Paris reportedly claims that her payments, along with those of her siblings, were reduced after she questioned the estate's management. The estate's representatives state that Paris has already received about $65 million from the estate.
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Signature Global clocks Rs 67 cr profit in Q2 vs loss yr ago, revenue rises over 2-fold
Signature Global Ltd has reported a consolidated net profit of Rs 66.90 crore for the quarter ending September, marking a significant turnaround from last year's net loss of Rs 46.86 crore. With total income soaring from Rs 372.51 crore to Rs 870.70 crore, the company's chairman highlighted a robust demand for quality housing and its strong financial health. Since its establishment, Signature Global has successfully delivered 19.
Mahindra Lifespaces acquires 100 acres in Mumbai region for plotted development
Mahindra Lifespace Developers has acquired 100 acres of land in Mumbai for a plotted development project. This move signifies the company's entry into the plotted development segment in the region. The project is expected to commence around the middle of the next financial year. Additionally, Mahindra Lifespace is looking to acquire more land in the area.
Is a home loan a guarantee of a clear title to the property? The answer may surprise you; here is what you need to know
Prospective homebuyers should exercise caution by thoroughly examining property titles prior to their purchases. Legal professionals warn that banks' verification methods often fall short when it comes to uncovering potential disputes related to property titles. Since India lacks an implied warranty law, the onus of title verification rests solely on the buyers. It’s advisable for homebuyers to seek independent legal advice to ensure the property title is unambiguous.
Richville Infra to develop senior-living focused project in Ludhiana
Richville Infra Private Limited plans to invest around ₹500 crore to develop a 100-unit senior-living and NRI-focused residential project on five acres at Hambran Road in Ludhiana, Punjab. The project, named Tirthankar Abode, is expected to generate revenue of around ₹1,000 crore.
Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developments
Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generate about Rs 1,800 crore.
Knowledge Realty Trust NOI up 15%, declares record Rs 764 cr distribution in Q2
Knowledge Realty Trust reported 15% year-on-year NOI growth to Rs 1,140.4 crore in Q2 FY27, alongside 13% revenue growth. Record distributions reached Rs 764 crore, supported by strong leasing, occupancy and rental growth.
Homebuyers’ body FPCE urges PM Modi to restructure RERA as consumer protection law
The Forum for People’s Collective Efforts has urged Prime Minister Narendra Modi to overhaul the Real Estate (Regulation and Development) Act. They emphasize the critical need to distinguish consumer protection from the promotion of the real estate sector, citing persistent enforcement challenges. The group reveals that many homebuyers are facing financial losses due to stalled projects.
Office, retail and warehousing offer new opportunities as India’s real estate market matures: JLL
India’s commercial real estate market is entering a new phase, with office, retail and warehousing offering fresh opportunities for institutional investors, a JLL report said. Despite cap rates hitting historic lows, the sector continues to offer double-digit unlevered returns over five years. With limited scope for further compression, future returns will increasingly depend on rental income growth and operational efficiencies.
HDFC Capital creates Rs 1,500 crore residential platform with DivyaSree Developers
DivyaSree Developers has formed a partnership with HDFC Capital to establish a residential development platform. The new platform will provide growth capital to support residential projects over the next three to four years. There is a potential Gross Development Value of Rs 6,750 crore from the upcoming projects. The partnership reflects the ambitions of DivyaSree Developers for growth in urban markets.
Mumbai property market records second-best October ever, registrations up 9%
Property registrations in the Mumbai municipal region rose by 9 per cent in October, reflecting stronger housing demand. The total registrations reached 12,690 units, compared to 11,649 units a year ago. Stamp duty collections during the same period also saw an increase of 12 per cent year-on-year.
Marathon Nextgen Realty to buy Adani Group's 60 pc stake in Mumbai project for Rs 335 crore
In a regulatory filing on Saturday, the company said its Board has "approved the acquisition of Adani Group's 60 per cent stake in 'Monte South' for a consideration of approximately Rs 335 crore".
Landmark Group acquires 22-acre land on Dwarka Expressway
Landmark Group has acquired a 22-acre land parcel on Dwarka Expressway for integrated development. The expansion includes a corporate project in Gurugram and mixed-use development valued at Rs 11,000 crores. Landmark One aims to establish a benchmark for office infrastructure with 2.1 million sq ft of leasable area. Rs 330 crores has been raised from SBI for the construction of the first phase.
Lodha Developers rides housing boom in Q2, but keeps one eye on a bigger threat
Lodha Developers experienced a 10% rise in sales bookings, reaching Rs 5,037 crore in the second quarter. The company's pre-sales for the first half of the fiscal grew by 7% to Rs 9,670 crore. Lodha has set an ambitious target of Rs 24,000 crore in sales bookings for the current fiscal year. The company also reported a net profit increase of 28% to Rs 1,013.5 crore for the quarter.
Céline Dion’s onetime waterfront mansion in south Florida sells for $12.5 million in off market deal
Céline Dion’s former luxury mansion has been sold for $12.5 million in an off market deal. The waterfront property is located in Jupiter, Florida. The mansion was designed for the singer and her late husband René Angélil in 1998. The 14,700 square foot residence was previously listed for $20 million. The home has 8 bedrooms, 11 bathrooms, a private dock, a swimming pool and a home cinema.
IBBI tightens real estate insolvency rules to prioritise home delivery
India's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessments of construction progress and funding needs are now mandatory for real estate projects. Creditors with at least 66% voting share can recommend excluding projects from insolvency proceedings. Homebuyers will now have representation on monitoring committees to oversee implementation. These measures aim to improve transparency and protect the interests of homebuyers during insolvency.
Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?
For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That is beginning to change with the next generation asking sharper questions: What does each asset earn? How liquid is it? Is it worth holding?
Al Horford bought Brookline luxury estate for $14.8 million in 2023. 3 years later, NBA champion listed Massachusetts property for $14.995 million
Al Horford has put his 13,200 square feet property in Brookline, Massachusetts on the market for $14.995 million in June this year. He is selling the property nearly three years after purchasing it for $14.8 million in 2023. The home has six bedrooms and seven bathrooms. It also has a two-story walk-in cupboard, a gym, and three-car garage.
Tyler Perry viral pictures real or fake? Here's the truth
Tyler Perry has sparked online buzz after viral pictures allegedly showing him kissing another man circulated on social media. Grok AI suggested the images may be manipulated or AI-generated, though independent verification is needed. Meanwhile, the filmmaker has reportedly listed his sprawling Beverly Hills mansion for $57 million as he prepares to relocate to Puerto Rico.
Katherine Heigl and musician Josh Kelley listed 25-acre mountain estate in Oakley, Utah for $10.6 million
Katherine Heigl and her husband Josh Kelley bought the land in 2007 for $1 million. The 8,000 square feet home was built at the property in Oakley in 2008. The family moved to the Utah property full-time in 2012 to raise their three children. The 4 story home has 5 to 6 bedrooms and 7 bathrooms. The 25 acre property is located about 15 miles outside Park City.
Raymond Realty raises Rs 210 cr from ICICI Prudential Real Estate Development Fund
Raymond Realty has announced that it has secured Rs 210 crore from ICICI Prudential Real Estate Development Fund. This financial investment will be used for a redevelopment project in the Mumbai Metropolitan Region. The investment will be made through Ten X Realty West Ltd, a subsidiary of Raymond Realty. The collaboration aims to enhance capital efficiency and expedite project timelines.
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