+
Shapoorji Pallonji Group Unifies Real Estate Under SPRE
Real Estate

Shapoorji Pallonji Group Unifies Real Estate Under SPRE

Shapoorji Pallonji Group (SP Group) has consolidated its real estate assets under its subsidiary, Shapoorji Pallonji Real Estate (SPRE). This move aims to streamline the group?s diverse real estate portfolio, enabling more efficient management and creating a stronger focus on development opportunities. The decision to merge real estate holdings under SPRE comes as the group seeks to strengthen its position in India's competitive property market.

SPRE has been involved in various high-profile residential and commercial projects across major Indian cities, and this consolidation will further enhance its capacity to execute large-scale developments. The integration is expected to boost operational efficiency, improve capital allocation, and enable the company to take on more projects.

Shapoorji Pallonji Group's real estate arm has been active in the Indian market for decades, contributing significantly to urban development. By consolidating its holdings, the group intends to streamline its growth strategy, focusing on long-term value creation through a more unified approach.

This step comes at a time when the real estate sector is witnessing increased demand, with key players aiming to strengthen their operational and financial structures. The group?s decision aligns with its goal to maintain a leadership position in the industry and expand its portfolio across residential, commercial, and mixed-use segments.

Shapoorji Pallonji Group (SP Group) has consolidated its real estate assets under its subsidiary, Shapoorji Pallonji Real Estate (SPRE). This move aims to streamline the group?s diverse real estate portfolio, enabling more efficient management and creating a stronger focus on development opportunities. The decision to merge real estate holdings under SPRE comes as the group seeks to strengthen its position in India's competitive property market. SPRE has been involved in various high-profile residential and commercial projects across major Indian cities, and this consolidation will further enhance its capacity to execute large-scale developments. The integration is expected to boost operational efficiency, improve capital allocation, and enable the company to take on more projects. Shapoorji Pallonji Group's real estate arm has been active in the Indian market for decades, contributing significantly to urban development. By consolidating its holdings, the group intends to streamline its growth strategy, focusing on long-term value creation through a more unified approach. This step comes at a time when the real estate sector is witnessing increased demand, with key players aiming to strengthen their operational and financial structures. The group?s decision aligns with its goal to maintain a leadership position in the industry and expand its portfolio across residential, commercial, and mixed-use segments.

Next Story
Infrastructure Energy

L&T to Build India’s Largest Green Hydrogen Plant for IOCL

The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..

Next Story
Infrastructure Urban

Bansal Wire Q1 Profit Rises 24.6% to Rs 393 Mn

Bansal Wire Industries, India’s largest stainless steel wire manufacturer and second-largest steel wire maker by volume, reported a 24.6 per cent year-on-year rise in net profit to Rs 393 million for the quarter ended June 30, 2025 (Q1 FY26).During the quarter, revenue rose 14.9 per cent YoY to Rs 9,390 million, while EBITDA increased by 19.6 per cent YoY to Rs 745 million, reflecting the company's strong operational performance and focus on value-added segments.According to Pranav Bansal, MD & CEO of Bansal Wire Industries, the company has started FY26 on a strong note, building on the ..

Next Story
Infrastructure Urban

Lemon Tree Opens Keys Lite Hotel in Banswara, Rajasthan

Lemon Tree Hotels has launched its latest property, Keys Lite by Lemon Tree Hotels, Banswara, further expanding its footprint in Rajasthan. This marks the group’s 11th operational hotel in the state and continues its focus on providing quality stays in emerging travel destinations.The newly launched managed hotel features 54 well-appointed rooms, a multi-cuisine restaurant – Keys Café, a fitness centre, and spacious banquet and conference facilities, catering to both leisure and business travellers.Located in southern Rajasthan, Banswara is known as the “City of Hundred Islands” for t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?