Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Prestige Estates acquires Gloind Vintage Infra at ₹519 crore enterprise value
Nov. 4, 2026, 3:39 a.m.
Prestige Retail Ventures has successfully concluded the acquisition of Gloind Vintage Infra, valuing the enterprise at approximately ₹519 crore. The venture involved acquiring 100% equity of Gloind for ₹5 lakh, granting PRVL complete authority. This move not only bolsters their holdings but also brings Tarun Realtors, a wholly owned subsidiary of Gloind, under Prestige Estates Projects’ expanding portfolio.
Read MoreHaryana cabinet approves land pooling policy-2026; landowners to get 50% of saleable area
Nov. 4, 2026, 3:22 a.m.
Haryana's Cabinet has greenlit the Land Pooling Policy-2026, updating the previous Land Pooling Policy-2022. This new policy allows landowners to keep 50 percent of the project's saleable area according to the approved layout. Moreover, they will receive Rs 1 lakh per acre annually for four years following the sale deed registration.
Read MoreKolte-Patil Developers posts ₹5.70 crore net profit in Q2 FY27
Nov. 4, 2026, 3:14 a.m.
Kolte-Patil Developers showcased impressive financial growth with a consolidated net profit of ₹5.70 crore for Q2 FY27. The company saw its total income soar to ₹351.51 crore, a significant jump from ₹161.75 crore. Record pre-sales of ₹1,019 crore marked a remarkable 52 percent increase year-on-year. For H1 FY27, the total income hit ₹1,288.13 crore, rising from ₹258.56 crore in the last fiscal year, signaling a robust performance.
Read MoreHyderabad: NCLT brings Madhapur land into Butta Infra liquidation estate
Nov. 3, 2026, 2:39 p.m.
A significant piece of real estate located in Khanamet, Hyderabad, has been designated as part of the liquidation estate belonging to Butta Infrastructure. This decision stems from a ruling issued by the National Company Law Tribunal, which concluded that LIC Housing Finance did not adequately demonstrate its attempts at asset recovery.
Read MoreAwfis Space Solutions’ net profit rises 93% to ₹30.80 crore in Q2 FY27
Nov. 3, 2026, 1:48 p.m.
Awfis Space Solutions has showcased remarkable growth with a net profit surge to ₹30.80 crore for Q2 FY27, underpinned by robust total income rising to ₹464.29 crore. The company's expansion, featuring six new centres, has brought its total to 254, signifying strong demand in the co-working sector. This year, Awfis aspires for a steady cash EBITDA between ₹190-200 crore, aiming to boost occupancy rates across all locations.
Read MorePioneer Urban to invest over ₹3,500 crore in Gurugram luxury housing project
Nov. 3, 2026, 1:36 p.m.
Pioneer Urban plans to invest more than ₹3,500 crore in Alura, a 3.4 million sq ft serviced residences project in Sector 62, Gurugram. The project, comprising about 250 homes, is expected to generate sales of over ₹9,000 crore, with apartment prices ranging from ₹28 crore to ₹70 crore.
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