Embassy REIT to invest Rs 2,800 cr in developing office spaces

Keystone Realtors Bags Rs 77.27 Bn Mumbai Redevelopment Deals

Keystone Realtors (Rustomjee) has acquired three major redevelopment projects across Mumbai in Q1 FY26, with a combined gross development value (GDV) of Rs 77.27 billion, surpassing its annual target of Rs 60 billion worth of new projects.The new projects include:GTB Nagar Cluster Redevelopment, Sion – GDV Rs 45.21 billionLokhandwala Cluster Redevelopment, Andheri (West) – GDV Rs 29.56 billionRedevelopment at Goregaon (East) – GDV Rs 2.51 billionTogether, these will deliver 3.25 million sq ft of saleable area.“We have already exceeded our business development goals for the year and wil..

Prestige Group Acquires 102 Acre in Q1 for Rs 204 Bn Housing Projects

Prestige Estates Projects , one of India’s leading real estate developers, has acquired 102 acres of land across Bengaluru, Hyderabad, Chennai, and Mumbai in the April–June quarter of FY26, earmarked for residential developments with an estimated gross development value (GDV) of Rs 204 billion.The acquisitions include major parcels in Hyderabad (28 acres in Tellapur and 37 acres in Pulimamidi), Bengaluru (10 acres in Poojanahalli–Devanahalli, 7 acres in Kothanuru, KR Puram, and 10 acres in Ittangur, Sarjapura), Chennai (3.48 acres in Velachery), and Mumbai (6.3 acres).Prestige continues ..

VMRDA to Build Theme-Based Cities for Sector Growth

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has unveiled an ambitious plan to develop theme-based cities in and around Visakhapatnam, aimed at driving sustainable urban growth and sector-focused economic development.Announced jointly by Metropolitan Commissioner KS Viswanathan and VMRDA Chairperson MV Pranav Gopal, the project envisions self-sustained urban clusters dedicated to themes such as Information Technology & Innovation, Health & Wellness, Knowledge & Education, Tourism & Culture, Logistics & Trade, and Eco-Resilience.Four townships are planned under the initia..