Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Mall operators' revenue growth may accelerate to 14-16% next fiscal on new supply: Crisil
Oct. 27, 2026, 4:09 a.m.
New retail space is expected to contribute nearly two-thirds of the 14-16% revenue growth projected for mall operators next fiscal, compared with 10-11% growth this fiscal. Retail area is likely to expand by 4.5-5 million sq ft over this and next fiscal, while capex is estimated at ₹5,000-5,500 crore.
Read MoreBlackstone’s GCC in Bengaluru anchors fresh $50 billion India plan
Oct. 27, 2026, 3:58 a.m.
Blackstone has officially inaugurated a new global capability centre in Bengaluru, aiming to bolster its operational support. With plans to ramp up its investments in India from $51 billion to a staggering $100 billion over the next five years, the Bengaluru team will work closely with international teams and significantly expand its workforce by the end of the year.
Read MoreBuying land? New record system to make plot categories easier to check in West Bengal
Oct. 27, 2026, 3:49 a.m.
Bengal is set to revolutionize its land record systems by introducing a new classification framework that will be more user-friendly. This innovative approach categorizes land into 16 distinct headings, making it easier for buyers and officials to navigate. A 'Supra Category' column will enhance the Record of Rights for improved comprehension of land types, while existing classifications remain unchanged.
Read MoreTamil Nadu raises building height limit to 19.5 metres, eases norms in Chennai aquifer zone
Oct. 27, 2026, 3:47 a.m.
Tamil Nadu has recently amended the Combined Development and Building Rules, 2019 for various developments. The permissible height for non-high-rise buildings has been raised from 18.3 metres to 19.5 metres. Parking space requirements for IT offices have also been reduced to improve feasibility. New regulations now allow for additional developments in the restricted aquifer recharge area in Chennai.
Read MoreDalmia Bharat posts loss of ₹205 crore in Q2 FY27
Oct. 27, 2026, 3:31 a.m.
In the September quarter of FY27, Dalmia Bharat Ltd reported a consolidated net loss of Rs 205 crore, attributed to exceptional expenses and rising input costs. However, the company saw a 4.27 percent revenue growth, reaching Rs 3,563 crore year-on-year. They also faced significant impairment losses from power plants and a voluntary employee separation scheme, yet the board announced a commendable interim dividend of 200 percent for FY26-27.
Read MoreWeWork India posts net profit of ₹20.43 crore in Q2 FY27
Oct. 27, 2026, 3:29 a.m.
WeWork India Management reported a 219.2 per cent rise in net profit for the quarter ending September 2026. The company's total income also increased by 34.3 per cent during the same period. WeWork India expanded its capacity by adding approximately 11,700 desks, bringing the total to 1.45 lakh desks. Overall occupancy rates improved significantly, with mature centres reaching an occupancy of 87.7 per cent.
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