Developers line up housing projects for launch in July

16 Jun 2021 CW Team

Top property developers have lined up a slew of housing projects for launch from July as they await a whole lifting of lockdown curbs imposed during the second wave of the pandemic.

The sales of new residential properties rose steadily since the outbreak of coronavirus last year stalled when the second wave struck in March, prompting builders to defer launches.

As per expectations, the bulk of FY22 sales might come from new launches scheduled in the second half of this fiscal while this quarter would be a washout for both sales and launches.

Delhi Land and Finance (DLF) launched projects summing up to 1.5 million sq ft in 2020-21. It is stepping up and targeting 8.3 million sq ft of residential launches this fiscal, encouraged by improved sales. India's largest property developer plans to launch around 35 million sq ft of projects in the next few years.

Bengaluru-based Prestige Estates Projects planned 12-15 million sq ft of residential launches between July and December across Noida, Mumbai, and south India.

Prestige company launched 4.7 million sq ft of new projects in the March quarter, accounting for 30% of FY21's gross sales value of Rs 5,460 crore. The company's main concentration will largely remain on mid-income projects, along with a few luxury projects based on the location.

According to its investor presentation, Macrotech Developers, which operates under the 'Lodha' brand, plans to launch around 4.3 million sq ft of fresh projects in the Mumbai Metropolitan Region (MMR) and Pune.

The developer is entering new micro-markets with the latest launches and will also expand in Pune, outside its core Mumbai market.

Brokerage firm ICICI Securities said in a May 17 note that Oberoi Realty, another Mumbai-based developer, is planning new launches in the fiscal second half in Thane and ongoing projects once the lockdown curbs are eased.

Image Source

Also read: 25 Housing projects in Mumbai halted over BMC, realtor dispute

Also read: Developers to build housing parks in place of IT parks in Chennai

Top property developers have lined up a slew of housing projects for launch from July as they await a whole lifting of lockdown curbs imposed during the second wave of the pandemic. The sales of new residential properties rose steadily since the outbreak of coronavirus last year stalled when the second wave struck in March, prompting builders to defer launches. As per expectations, the bulk of FY22 sales might come from new launches scheduled in the second half of this fiscal while this quarter would be a washout for both sales and launches. Delhi Land and Finance (DLF) launched projects summing up to 1.5 million sq ft in 2020-21. It is stepping up and targeting 8.3 million sq ft of residential launches this fiscal, encouraged by improved sales. India's largest property developer plans to launch around 35 million sq ft of projects in the next few years. Bengaluru-based Prestige Estates Projects planned 12-15 million sq ft of residential launches between July and December across Noida, Mumbai, and south India. Prestige company launched 4.7 million sq ft of new projects in the March quarter, accounting for 30% of FY21's gross sales value of Rs 5,460 crore. The company's main concentration will largely remain on mid-income projects, along with a few luxury projects based on the location. According to its investor presentation, Macrotech Developers, which operates under the 'Lodha' brand, plans to launch around 4.3 million sq ft of fresh projects in the Mumbai Metropolitan Region (MMR) and Pune. The developer is entering new micro-markets with the latest launches and will also expand in Pune, outside its core Mumbai market. Brokerage firm ICICI Securities said in a May 17 note that Oberoi Realty, another Mumbai-based developer, is planning new launches in the fiscal second half in Thane and ongoing projects once the lockdown curbs are eased. Image Source Also read: 25 Housing projects in Mumbai halted over BMC, realtor dispute Also read: Developers to build housing parks in place of IT parks in Chennai

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..