REALTY
Repo rate hike may raise borrowing costs, but real estate demand likely to be resilient: Realtors
The Reserve Bank of India increased the repo rate by 25 basis points to 5.50 percent. Real estate companies in West Bengal anticipate a slight rise in borrowing costs for home loans. Developers believe that genuine homebuyers will remain undeterred in the long term. Concerns about affordability for first-time buyers may arise during the festive season. Developers are introducing flexible payment plans to sustain demand despite these pressures.
India emerges as Asia-Pacific’s largest branded residences market by value
India has emerged as the largest branded residences market in Asia-Pacific, with significant growth recorded in recent years. The increase in premium homebuyers is contributing to the market’s expansion and higher transaction values. Non-hospitality brands dominate India’s branded residences, differing from global trends favoring hotel brands. The next phase of growth is expected to include emerging markets like Goa and Rishikesh.
Managed workspace provider UrbanVault leases 160,000 sq ft in Bengaluru
Managed workspace provider UrbanVault has leased 160,000 square feet in Bengaluru, which adds nearly 4,000 seats. This expansion includes three floors at Helios Business Park, distinguishing UrbanVault from competitors. Helios Business Park is an integrated campus with strong connectivity and design for next-generation businesses. UrbanVault continues to deepen its footprint in Bengaluru, responding to increasing flexible workspace demand.
Market wrap: Kotak Bank, Bharti Airtel, Titan Company, Adani Ent top gainers and losers on Nifty and Sensex on Wednesday
Indian equities ended lower on Wednesday after the RBI raised the repo rate by 25 basis points to 5.5% and shifted its stance to calibrated tightening. The Nifty and Sensex fell 0.76% and 0.59%, respectively, while Titan Company, Adani Enterprises and Hindalco led losses. Kotak Bank and Bharti Airtel topped gainers.
Brookfield enters India logistics realty market with Rs 4,300-cr ESR portfolio deal
Spread across more than 400 acres in six metro clusters, the portfolio comprises eight Grade A parks across major gateway cities including Mumbai, Pune, Delhi NCR, Chennai and Kolkata. The operating portfolio is 98% leased and caters to a diversified mix of key logistics and industrial occupiers.
Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisor
Isprava Group has appointed Sanjay Sethi as Strategic Advisor for its hospitality and luxury home divisions. This decision aims to strengthen the group’s operations across hospitality and private membership. Sethi brings extensive experience in hospitality operations and strategic growth to reinforce business development. The group’s integrated ecosystem includes luxury homes, Lohono Stays, and Isprava Hospitality. This appointment reflects Isprava’s commitment to enhancing its service offerings and maintaining brand integrity.
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RBI hikes repo rate by 25 bps: How are rate sensitive stocks, sectors faring after first increase in nearly 4 years?
Banking, NBFCs, realty and auto stocks came under pressure after the RBI raised the repo rate by 25 basis points to 5.50% and shifted its stance to calibrated tightening. The rate hike, the first in four years, comes amid elevated crude prices, rising global bond yields, inflation concerns and sustained foreign outflows.
Bank stocks lift Indian markets as crude prices ease, RBI decision eyed
The Indian stock markets saw an upswing fueled by the performance of banking stocks amid falling oil prices. The Sensex and Nifty enjoyed substantial rises, as market participants eagerly anticipated the upcoming Reserve Bank of India monetary policy decision. Key players like Axis Bank and Kotak Mahindra Bank reported strong quarterly figures, lifting investor mood.
Charlotte’s former Duke Energy headquarters gets $250 million in financing for 460 luxury apartments and 60,000 sq ft of retail by 2027
Charlotte’s former Duke Energy headquarters is set for more than $250 million transformation after developers secured financing. The Brooklyn & Church project will feature 460 luxury apartments and approximately 60,000 square feet of retail space in Uptown Charlotte.
Veegaland Developers revenue rose 79% to Rs 74 crore in Q1 FY27
Veegaland Developers has reported a 79% increase in revenue from operations in the first quarter of FY 2027. Profit also rose to Rs 9.72 crore, up from Rs 3.21 crore the previous year. The company launched a new residential project, Veegaland Amora, in Kochi which adds to its portfolio.
Max Estates sales bookings surge over 13-fold to Rs 2,100 crore in Q2
Max Estates reported a sharp rise in sales bookings to Rs 2,100 crore in the July-September quarter, up from Rs 156 crore a year ago, driven by strong housing demand. The realty firm recorded Rs 3,200 crore in pre-sales in the first half and plans major residential launches across Noida and Gurugram.
Max Estates sales bookings surge over 13-fold to Rs 2,100 crore in Q2
Max Estates reported a sharp rise in sales bookings to Rs 2,100 crore in the July-September quarter, up from Rs 156 crore a year ago, driven by strong housing demand. The realty firm recorded Rs 3,200 crore in pre-sales in the first half and plans major residential launches across Noida and Gurugram.
Gaurs Group sells 1,088 flats for Rs 1,800 cr in new housing project in NCR
Gaurs Group has successfully sold 1,088 apartments in its new project located on Yamuna Expressway. The total sales amounted to Rs 1,800 crore since the project's launch in early August. This project, named Gaur Alaris, spans over 12 acres in Sector 22D. The strong customer response reflects the potential of the Yamuna Expressway as a residential area.
Embassy Developments sells 477 homes for Rs 1,800 cr in township project at Bengaluru
Embassy Developments achieved pre-sales of over Rs 1,800 crore for 477 homes in Bengaluru. The sales occurred within a week of launching the Embassy Origins township project. This project includes 217 villas and 855 apartments, offering significant saleable space. The company projects a revenue of Rs 4,500 crore from these launches in the future. Embassy Group has a longstanding history of delivering substantial residential area in Bengaluru.
Pharma, metals top-performing sectors of 2026 with 19% and 15.1% returns; did they deliver similar gains in 10-year period too?
In this edition, we present a 10-year performance tracker of various domestic market sectors. The annual returns are ranked for 9 key NSE Sector indices. Metals lead 10-year sector gains; Real Estate, Energy follow. By Sameer Bhardwaj.
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity Realty
Kotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to a claimed default of ₹68.49 crore, which dates back to September 2023. Unity Realty is a corporate guarantor for financial facilities availed by Unity Infraprojects, which faced financial difficulties leading to the current situation.
Sri Lotus shares rally 29% in a month. Can luxury and redevelopment sustain the momentum?
Sri Lotus Developers & Realty has seen a remarkable 29% increase in shares, significantly outpacing the wider market. This boost is attributed to the anticipation surrounding their luxury initiatives and redevelopment projects, which promise robust pre-sales and profit margins. With 22 projects planned, the anticipated gross development value ranges from ₹17,500 to ₹18,000 crore. Furthermore, collections have surged year-over-year, suggesting a bright growth trajectory for the current fiscal year.
Mahindra Lifespace expects Rs 1,500 cr revenue from redevelopment of 3 housing societies in Mumbai
Mahindra Lifespace Developers Ltd is set to redevelop three residential societies in Mumbai. The company is looking to generate a revenue of Rs 1,500 crore from these projects. The work includes two societies situated in Borivali and one in the Chembur area.
Smartworks to get Rs 305 cr office rent from new corporate clients
Smartworks Coworking Spaces Ltd has successfully secured new leasing contracts with corporate clients in various cities. The company projects a remarkable Rs 305 crore in rental income over the upcoming five years. Notably, Smartworks focuses on providing managed office spaces tailored for mid-to-large size enterprises. Details regarding the total office space leased were not included in the announcement.
Sensex falls 49 points, Nifty ends below 22,650 as market continues to bleed. What lies ahead?
The Indian stock market saw further declines as the Sensex dipped nearly 49 points while the Nifty sank around 96 points by session's end. Rising bond yields spooked investors, dampening market sentiment. Yet, the Nifty Midcap 100 and Smallcap 100 managed to rise by 0.3%, showcasing a surprising resilience in the broader market despite the downturn in leading indices.
Lloyds Enterprises settles listing rule violations case with Sebi
Sebi has settled a case involving Lloyds Enterprises and former executives Rajesh Rajnarayan Gupta and Viresh Shankar Sohoni after Rs 4.16 crore was paid. The matter involved alleged disclosure, accounting and market conduct violations concerning Rs 144.82 crore in advances.
Mumbai EOW probes Suraksha Realty promoter’s fraud allegations over JIL Deal
Mumbai Police’s Economic Offences Wing is probing allegations by Suraksha Realty director Vijaykumar Mohanlal Parekh against fellow promoter Sudhir Walia over alleged cheating, forgery and criminal conspiracy in the acquisition of Jaiprakash Infratech. Parekh alleged his group’s consent was bypassed and his brother’s digital signature was used without authorisation.
Market wrap: Infosys, Dr Reddy's Labs, Tata Motors PV, Power Grid top gainers and losers on Nifty and Sensex on Monday
Indian equity markets ended sharply lower on Monday, with the Nifty falling 1.56% and the Sensex declining 1.52% as all sectoral indices closed in the red. PSU banks and realty stocks led the decline, while Dr Reddy’s Labs and Infosys were among the few gainers. India VIX surged 12.54%.
Godrej Properties inks JV to build Rs 6,000 cr luxury housing project at Marine Lines, Mumbai
Godrej Properties Ltd has entered into a partnership to develop a luxury housing project in Mumbai. The development agreement covers a prime 2.5-acre land parcel located in Marine Lines. This project is expected to generate an overall revenue of approximately Rs 6,000 crore for the company. MICL has transferred its development rights to Godrej Properties as part of the collaboration.
After home run, South and West developers tap NCR to drive growth
The NCR region is rapidly becoming a strategic playground for real estate developers hailing from South and West India, spurring significant growth ventures. Renowned brands such as Prestige Group and Sobha are poised to make their mark amidst fierce competition, taking advantage of burgeoning opportunities. With buyers placing a premium on developer credibility and quality, the landscape is shifting.
IBC helps 1.4 lakh homebuyers move closer to possession as developers revive stalled projects
India's insolvency framework has helped more than 1.4 lakh homebuyers receive homes from stalled projects. Major developers, like Adani Realty and Lodha, are reviving these projects through the Insolvency and Bankruptcy Code. Despite some successes, about 2.5 lakh homebuyers are still awaiting resolutions in ongoing cases. NCLT has improved confidence among buyers, enabling them to regain possession of their properties.
NFO Insight: Motilal Oswal Nifty REITs & Realty Index Fund opens for subscription. Is now the right time to invest in realty?
Motilal Oswal Mutual Fund has launched the Nifty REITs & Realty Index Fund, which will be accepting subscriptions until October 9. This innovative fund seeks to give investors access to listed REITs and real estate firms using an index-focused strategy. Given the absence of historical performance data for new funds, experts suggest exercising caution.
NFO Update: Motilal Oswal Mutual Fund launches Nifty REITs & Realty index fund
Motilal Oswal Mutual Fund is launching the Nifty REITs & Realty Index Fund, an open-ended scheme tracking the Nifty REITs & Realty TRI. The NFO opens September 25 and closes October 9, offering rules-based exposure to listed REITs and realty stocks.
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