Assetz to Launch 6.5 Mn Sq Ft in FY26, Eyes Rs 150 Billion Housing GDV

21 Apr 2025 CW Team

Assetz Property Group has announced plans to launch 6.5 Mn square feet of new residential developments in FY 2025–26, part of a total secured gross development value of Rs 150 Bn. The upcoming launches include apartments, villas, and plotted developments across Bengaluru’s key growth corridors.

Of the total, three Mn square feet has already been launched. Executive director Sunil Pareek stated that ten new launches this year will introduce Rs 70 Bn of additional inventory, with the aim of doubling the company’s turnover within three years.

Over the past two years, Assetz has secured sixteen prime land parcels totalling more than 200 acres, adding around 15 Mn square feet of saleable area to its pipeline. These new sites could yield over 7,500 homes, further expanding its footprint across north, south, and southeast Bengaluru.

Operating through a partnership-led joint development model, Assetz competes with established developers like Prestige, Sattva, Puravankara, and Brigade. Founded in 2006, the company has delivered 20 projects totalling 15 Mn square feet and now holds a residential portfolio of over 43 Mn square feet across more than 40 projects.

Source: Business Standard

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..