Real Estate News
Stay updated with the latest developments in the Indian real estate market.
ICICI Prudential real estate fund to invest ₹210 crore in Raymond Realty's subsidiary for MMR redevelopment project
Oct. 27, 2026, 3:25 a.m.
ICICI Prudential Real Estate Development Fund will invest ₹210 crore in Ten X Realty West, a wholly owned subsidiary of Raymond Realty, to support redevelopment of a project in the Mumbai Metropolitan Region. Raymond Realty’s JDA portfolio currently comprises eight projects with a combined revenue potential of about ₹27,000 crore.
Read MoreAI has learned to read the world. Can it learn to speak to it?
Oct. 26, 2026, 10:19 a.m.
Vaani AI Research is developing a self-serve platform for Voice AI agents skilled in 22+ Indian languages. This initiative targets improved lead conversion by swiftly handling customer inquiries in diverse languages. The focus on essential speech technology sets Vaani apart, as their models leverage substantially less data without sacrificing quality.
Read MoreShree Naman Group acquires JW Marriott Bengaluru, Crowne Plaza Pune for ₹1,800 crore
Oct. 26, 2026, 10:13 a.m.
Shree Naman Group has completed the acquisition of JW Marriott Bengaluru for ₹1,611 crore and Crowne Plaza Pune for ₹189 crore. The transaction expands its operating hospitality portfolio to five hotels with about 1,000 rooms across Mumbai, Bengaluru and Pune.
Read MoreAditya Birla Real Estate's profit stood at ₹918.7 crore in Q2 FY27
Oct. 26, 2026, 9:34 a.m.
Aditya Birla Real Estate Ltd reported a remarkable turnaround with a consolidated net profit of Rs 918.70 crore for the quarter ending September, recovering from a net loss of Rs 17.82 crore during the same time last year. Total income surged to Rs 860.86 crore, significantly up from Rs 113.23 crore. In the first half of the fiscal year, the company reported a net profit of Rs 884.
Read MoreSC issues notice to ED on Noida-based builder's bail plea in home buyers' fraud case
Oct. 26, 2026, 9:31 a.m.
India's Supreme Court has served a notice to the Enforcement Directorate concerning Anil Mithas' bail plea. Mithas, a key figure behind Unnati Fortune Holdings Ltd., is currently implicated in a money laundering investigation. The Allahabad High Court denied his bail, pointing to serious accusations of diverting funds totaling Rs 126.30 crore sourced from homebuyers for an unfinished project. He was arrested in April 2025 amid these allegations.
Read MoreSugam plans ₹2,800 crore development across three Kolkata projects in FY27
Oct. 26, 2026, 9:27 a.m.
Sugam plans to launch three residential projects aggregating about 5.5 million sq ft in FY27, involving an overall construction cost of more than ₹2,800 crore. The Kolkata-based developer is targeting ₹750-800 crore of sales value in FY27, compared with around ₹375 crore in FY26, and is also evaluating a ₹100 crore institutional capital raise.
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