Macrotech Acquires 10 Land Parcels for Rs 240 Bn Housing Pipeline
Real Estate

Macrotech Acquires 10 Land Parcels for Rs 240 Bn Housing Pipeline

Macrotech Developers has secured 10 land parcels in FY25 to launch housing projects with an estimated sales value of Rs 240 billion across MMR, Pune, and Bengaluru. The listed developer reported a Gross Development Value (GDV) of Rs 237 billion from 10 new residential projects—surpassing its FY25 guidance of Rs 210 billion. Pune alone accounted for Rs 43 billion in GDV, as the company expanded to nine locations in the city. On the digital infrastructure front, Macrotech added projects in NCR and Chennai, and consolidated ownership in its industrial platform. FY25 sales bookings rose 21 per cent YoY to Rs 176.30 billion, with Q4 alone seeing Rs 48.10 billion. 
Contact: Macrotech Developers
Website: https://www.lodhagroup.com/
Mail: contact@lodhapriva.com
Tel: 91 (22) 6716 1111 

Arnya Realestates Commits Rs 1.3 Bn to Casagrand’s South Bengaluru Project
Arnya Realestates Fund Advisors has invested Rs 1.3 billion in a new Casagrand residential project in South Bengaluru—its second commitment under the maiden Arnya Real Estate Fund – Debt. The Category II SEBI-registered AIF, launched in April 2024 with a Rs 10 billion corpus and an equal green shoe option, focuses on early-stage capital for Tier 1 developers across India’s top eight cities. This marks Arnya’s first investment in South India, following its October 2024 debut in Navi Mumbai. The fund has drawn participation from HNIs and family offices. 
Contact: Arnya Realestates Fund Advisors
Website: https://www.arnya.in/
Mail: info@arnya.in
Tel: 91 98334 50490

DLF to Double Rental Portfolio, Eyes Rs 100 Bn Revenue by FY30
Real estate major DLF plans to double its rental portfolio and achieve Rs 100 billion in annual rental revenue by FY30, backed by a Rs 200 billion capital investment. The firm will expand its commercial space from 39 to 60 million sq ft and retail footprint from 4 to 12 million sq ft, with 8 million sq ft already under execution. With occupancy rates above 90 per cent, DLF aims to extend beyond Gurugram, Chennai, and Hyderabad into Mumbai and Bengaluru, aligning growth with client needs and strengthening its annuity-led business.
Contact: DLF
Website: https://www.dlf.in/
Tel: +91 124 4396 000

HDFC Capital, Eldeco Launch Rs15 Bn Housing Platform for Tier 2 & 3 Cities
HDFC Capital Advisors and Eldeco Group have launched a Rs15 billion investment platform to develop 18 residential projects across Tier 2 and 3 cities in North India. The initiative targets a revenue potential of Rs 110 billion over 10 million sq ft, with developments planned in cities including Panipat, Ludhiana, and Kasauli. Focused on affordable, mid-income housing, the platform supports the ‘Housing for All’ mission. Eldeco will lead project execution, while HDFC Capital leverages its Rs 350 billion  fund ecosystem to meet housing demand and aspirations in emerging urban centres.
Contact: HDFC Capital Advisors
Website: https://www.hdfccapital.com/
Tel: +91 124 4396 000

Govt Approves MHADA-led Redevelopment of Bandra and Worli Colonies
The Maharashtra government has approved MHADA’s redevelopment of Bandra Reclamation and Worli colonies, granting MHADA sole authority over design and construction. Private redevelopment by resident societies is not permitted; instead, MHADA will appoint a builder. With a Floor Space Index (FSI) of 4, one FSI will be used to expand MHADA’s housing stock. The Bandra project, near Lilavati Hospital, will redevelop 52 buildings (1,688 flats), increasing the built-up area to 5.04 lakh sq m. MHADA is set to gain 1 lakh sq m in housing and a Rs 42.66 billion premium, while enhancing the locality’s sea-facing potential.
Contact: MHADA
Website: https://www.mhada.gov.in/
Tel: 022-66405000

India Defies Global Office Rental Slump: Vestian
India’s office market is outpacing global peers, with 2024 clocking a record 70.7 million sq ft in leasing—up 16 per cent Y-o-Y, reports Vestian. While global cities like New York and Hong Kong face rental dips, Indian metros saw rental growth between 3.8 per cent and 8.2 per cent, driven by sub-dollar rentals and strong demand from IT and Global Capability Centres. Multinational interest remains high, drawn by India’s affordability, young talent pool, and expanding infrastructure. Premium hubs like BKC and Connaught Place command $3–4 per sq ft. Vestian anticipates continued momentum as India’s economic and office space appeal strengthens globally
Contact: Vestian
Website: https://www.vestian.com/
Email: info@vestian.com.

Retail Leasing Jumps 55 per cent YoY in Q1 2025
India’s retail leasing surged 55 per cent YoY in Q1 2025 to 2.4 million sq ft across eight major cities, as per Cushman & Wakefield. Hyderabad led with 0.8 msf, followed by Mumbai (0.58 msf) and Delhi NCR (0.41 msf), driven by demand for high-street and premium mall spaces. Main streets accounted for two-thirds of total leasing, with Fashion and F&B as top categories. Domestic brands dominated with over 92 per cent of deals. Rentals rose 2–20 per cent YoY in key high-street markets. With 6.4 msf of new mall supply expected in 2025, the retail sector’s momentum is set to continue.
Contact: Cushman & Wakefield
Website: https://www.cushmanwakefield.com/en/india
Tel: 0124 469 5555

Rajasthan Housing Board Unveils Affordable Homes Scheme Across Five Cities
The Rajasthan Housing Board has launched a new housing scheme targeting Jaipur, Udaipur, Jodhpur, Alwar, and Bharatpur to expand access to affordable urban homes. Aimed at middle- and lower-income groups, the initiative offers hundreds of residential units featuring modern amenities and strategic locations. Allocation will be conducted through an online lottery to ensure transparency. Emphasising sustainability, the scheme includes eco-friendly design and efficient construction. The initiative seeks to meet rising urban housing demand, stimulate real estate growth, and generate employment across Rajasthan’s rapidly developing cities.
Contact: Rajasthan Housing Board
Website: https://rhb.rajasthan.gov.in/ 
Tel: 0141-2740648

Trinity Launches Rs 12 Bn Ultra-Luxury Beach Residences in Gurugram
NCR-based developer Trinity has launched Sky Palazzo Residences, a Rs 12-billion ultra-luxury housing project in Sector 88B, Gurugram. Spread across 11 acres near the Dwarka Expressway, the project introduces North India’s first man-made beach residences—an idea inspired by global hotspots like Dubai. The RERA-approved development, scheduled for completion by 2029, will offer 345 premium 3 and 4 BHK homes featuring private lift lobbies, double-height decks, and four-side open layouts. A 1.5 lakh sq ft clubhouse and lush green landscapes are planned, with excellent connectivity to NH-352W and the upcoming Global City just a kilometre away.
Contact: Trinity Infratech
Website: https://www.trinityinfratech.com/
Tel:  81480 10009

Mumbai Office Leasing Jumps 63 per cent in Q1 2025, Led by BFSI Sector
Mumbai’s office space absorption rose by 63 per cent year-on-year in Q1 2025, reaching approximately 2.9 million sq ft, driven primarily by the BFSI sector, which accounted for 53 per cent of leasing, according to CBRE South Asia. Nationally, office leasing hit 18 million sq ft, led by Bengaluru, Delhi-NCR, and Mumbai. Global Capability Centres (GCCs) contributed 45 per cent to the total, with Bengaluru dominating. Notably, 81 per cent of leasing activity was in green-certified buildings, underlining a growing ESG focus. With demand from technology, BFSI, and life sciences, India’s office market is expected to maintain momentum, supported by a skilled workforce and strong policy support.
Contact: CBRE
Website: https://www.cbre.com/
Tel: 91 22 4069 0100
Email: Corpcomm@cbre.com

Macrotech Developers has secured 10 land parcels in FY25 to launch housing projects with an estimated sales value of Rs 240 billion across MMR, Pune, and Bengaluru. The listed developer reported a Gross Development Value (GDV) of Rs 237 billion from 10 new residential projects—surpassing its FY25 guidance of Rs 210 billion. Pune alone accounted for Rs 43 billion in GDV, as the company expanded to nine locations in the city. On the digital infrastructure front, Macrotech added projects in NCR and Chennai, and consolidated ownership in its industrial platform. FY25 sales bookings rose 21 per cent YoY to Rs 176.30 billion, with Q4 alone seeing Rs 48.10 billion. Contact: Macrotech DevelopersWebsite: https://www.lodhagroup.com/Mail: contact@lodhapriva.comTel: 91 (22) 6716 1111 Arnya Realestates Commits Rs 1.3 Bn to Casagrand’s South Bengaluru ProjectArnya Realestates Fund Advisors has invested Rs 1.3 billion in a new Casagrand residential project in South Bengaluru—its second commitment under the maiden Arnya Real Estate Fund – Debt. The Category II SEBI-registered AIF, launched in April 2024 with a Rs 10 billion corpus and an equal green shoe option, focuses on early-stage capital for Tier 1 developers across India’s top eight cities. This marks Arnya’s first investment in South India, following its October 2024 debut in Navi Mumbai. The fund has drawn participation from HNIs and family offices. Contact: Arnya Realestates Fund AdvisorsWebsite: https://www.arnya.in/Mail: info@arnya.inTel: 91 98334 50490DLF to Double Rental Portfolio, Eyes Rs 100 Bn Revenue by FY30Real estate major DLF plans to double its rental portfolio and achieve Rs 100 billion in annual rental revenue by FY30, backed by a Rs 200 billion capital investment. The firm will expand its commercial space from 39 to 60 million sq ft and retail footprint from 4 to 12 million sq ft, with 8 million sq ft already under execution. With occupancy rates above 90 per cent, DLF aims to extend beyond Gurugram, Chennai, and Hyderabad into Mumbai and Bengaluru, aligning growth with client needs and strengthening its annuity-led business.Contact: DLFWebsite: https://www.dlf.in/Tel: +91 124 4396 000HDFC Capital, Eldeco Launch Rs15 Bn Housing Platform for Tier 2 & 3 CitiesHDFC Capital Advisors and Eldeco Group have launched a Rs15 billion investment platform to develop 18 residential projects across Tier 2 and 3 cities in North India. The initiative targets a revenue potential of Rs 110 billion over 10 million sq ft, with developments planned in cities including Panipat, Ludhiana, and Kasauli. Focused on affordable, mid-income housing, the platform supports the ‘Housing for All’ mission. Eldeco will lead project execution, while HDFC Capital leverages its Rs 350 billion  fund ecosystem to meet housing demand and aspirations in emerging urban centres.Contact: HDFC Capital AdvisorsWebsite: https://www.hdfccapital.com/Tel: +91 124 4396 000Govt Approves MHADA-led Redevelopment of Bandra and Worli ColoniesThe Maharashtra government has approved MHADA’s redevelopment of Bandra Reclamation and Worli colonies, granting MHADA sole authority over design and construction. Private redevelopment by resident societies is not permitted; instead, MHADA will appoint a builder. With a Floor Space Index (FSI) of 4, one FSI will be used to expand MHADA’s housing stock. The Bandra project, near Lilavati Hospital, will redevelop 52 buildings (1,688 flats), increasing the built-up area to 5.04 lakh sq m. MHADA is set to gain 1 lakh sq m in housing and a Rs 42.66 billion premium, while enhancing the locality’s sea-facing potential.Contact: MHADAWebsite: https://www.mhada.gov.in/Tel: 022-66405000India Defies Global Office Rental Slump: VestianIndia’s office market is outpacing global peers, with 2024 clocking a record 70.7 million sq ft in leasing—up 16 per cent Y-o-Y, reports Vestian. While global cities like New York and Hong Kong face rental dips, Indian metros saw rental growth between 3.8 per cent and 8.2 per cent, driven by sub-dollar rentals and strong demand from IT and Global Capability Centres. Multinational interest remains high, drawn by India’s affordability, young talent pool, and expanding infrastructure. Premium hubs like BKC and Connaught Place command $3–4 per sq ft. Vestian anticipates continued momentum as India’s economic and office space appeal strengthens globallyContact: VestianWebsite: https://www.vestian.com/Email: info@vestian.com.Retail Leasing Jumps 55 per cent YoY in Q1 2025India’s retail leasing surged 55 per cent YoY in Q1 2025 to 2.4 million sq ft across eight major cities, as per Cushman & Wakefield. Hyderabad led with 0.8 msf, followed by Mumbai (0.58 msf) and Delhi NCR (0.41 msf), driven by demand for high-street and premium mall spaces. Main streets accounted for two-thirds of total leasing, with Fashion and F&B as top categories. Domestic brands dominated with over 92 per cent of deals. Rentals rose 2–20 per cent YoY in key high-street markets. With 6.4 msf of new mall supply expected in 2025, the retail sector’s momentum is set to continue.Contact: Cushman & WakefieldWebsite: https://www.cushmanwakefield.com/en/indiaTel: 0124 469 5555Rajasthan Housing Board Unveils Affordable Homes Scheme Across Five CitiesThe Rajasthan Housing Board has launched a new housing scheme targeting Jaipur, Udaipur, Jodhpur, Alwar, and Bharatpur to expand access to affordable urban homes. Aimed at middle- and lower-income groups, the initiative offers hundreds of residential units featuring modern amenities and strategic locations. Allocation will be conducted through an online lottery to ensure transparency. Emphasising sustainability, the scheme includes eco-friendly design and efficient construction. The initiative seeks to meet rising urban housing demand, stimulate real estate growth, and generate employment across Rajasthan’s rapidly developing cities.Contact: Rajasthan Housing BoardWebsite: https://rhb.rajasthan.gov.in/ Tel: 0141-2740648Trinity Launches Rs 12 Bn Ultra-Luxury Beach Residences in GurugramNCR-based developer Trinity has launched Sky Palazzo Residences, a Rs 12-billion ultra-luxury housing project in Sector 88B, Gurugram. Spread across 11 acres near the Dwarka Expressway, the project introduces North India’s first man-made beach residences—an idea inspired by global hotspots like Dubai. The RERA-approved development, scheduled for completion by 2029, will offer 345 premium 3 and 4 BHK homes featuring private lift lobbies, double-height decks, and four-side open layouts. A 1.5 lakh sq ft clubhouse and lush green landscapes are planned, with excellent connectivity to NH-352W and the upcoming Global City just a kilometre away.Contact: Trinity InfratechWebsite: https://www.trinityinfratech.com/Tel:  81480 10009Mumbai Office Leasing Jumps 63 per cent in Q1 2025, Led by BFSI SectorMumbai’s office space absorption rose by 63 per cent year-on-year in Q1 2025, reaching approximately 2.9 million sq ft, driven primarily by the BFSI sector, which accounted for 53 per cent of leasing, according to CBRE South Asia. Nationally, office leasing hit 18 million sq ft, led by Bengaluru, Delhi-NCR, and Mumbai. Global Capability Centres (GCCs) contributed 45 per cent to the total, with Bengaluru dominating. Notably, 81 per cent of leasing activity was in green-certified buildings, underlining a growing ESG focus. With demand from technology, BFSI, and life sciences, India’s office market is expected to maintain momentum, supported by a skilled workforce and strong policy support.Contact: CBREWebsite: https://www.cbre.com/Tel: 91 22 4069 0100Email: Corpcomm@cbre.com

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