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Puravankara Ltd has posted a 2% increase in sales bookings, reaching Rs 1,265 crore for the December 2024 quarter, driven by robust demand during the festive season. With a 19% rise in collections for the first nine months of the fiscal year, the company continues to show strong operational efficiency and growth in a resilient real estate market.
Signature Global has invested Rs 300 crore in a 16-acre land parcel in Gurugram to develop a premium housing project. This strategic acquisition highlights the growing demand for high-quality residential properties in the region and strengthens the company’s presence in the competitive Gurugram real estate market.
Sunteck Realty has achieved a remarkable 40% growth in sales bookings for the December 2024 quarter, reaching Rs 635 crore. This surge reflects strong demand in the housing sector, especially for premium and luxury properties. Discover the key factors behind this growth and what’s ahead for the company in 2025.
Godrej Properties has made a significant leap in the luxury real estate sector by acquiring a 7.5-acre plot in Gurugram. This strategic purchase on Golf Course Road is expected to generate over ₹5,500 crore in revenue, highlighting the company's ambition to deliver high-end residential offerings in one of India's most sought-after markets.
In a significant milestone, Keystone Realtors Ltd has reported a staggering increase in sales bookings, soaring to ₹700 crore in Q2 of FY 2024-25—more than double the previous year’s figures. This surge reflects strong housing demand and the enduring appeal of the Rustomjee brand. Join us as we delve into the factors driving this growth and explore the implications for the real estate market in India.
Mahindra & Mahindra Financial Services is expanding into the mortgage sector, offering a range of new products including housing finance and home improvement loans. This strategic move involves an investment of up to 300 million rupees to boost IT capabilities and participate in government affordable housing schemes, aiming to enhance their market presence and support national housing goals.
ICRA projects a 5-6% increase in average residential property prices this fiscal year, largely due to a surge in luxury home launches. With expectations of a 10-12% rise in the area sold across major Indian cities, this trend highlights a robust demand for high-end properties while maintaining a healthy market outlook. Discover how these dynamics are shaping the real estate landscape and what it means for prospective buyers and investors.
Godrej Properties has made a significant move by acquiring 46 acres of land in Indore for a plotted residential development. This strategic expansion aims to tap into the growing demand for customizable residential plots in the city. With an estimated saleable area of 1.16 million square feet, the development will offer buyers the flexibility to design and construct their dream homes. Read on to explore how this project aligns with Godrej Properties' growth strategy and its potential impact on Indore's real estate market.
Star Housing Finance Ltd has achieved a notable 70% increase in revenue for the April-June quarter of FY25, reaching Rs 20.96 crore. This impressive growth, driven by a surge in interest income and a significant rise in assets under management, highlights the company’s expanding influence in the semi-urban and rural home finance sector. Explore the factors behind this success and what it signifies for the company's future trajectory.
DLF's sales bookings for the first quarter of fiscal year 2024-25 have surged over threefold to Rs 6,404 crore, fueled by strong demand for luxury residential properties. This remarkable growth underscores a robust appetite for high-end real estate and positions DLF to achieve its ambitious annual target of Rs 17,000 crore. Explore the factors driving this exceptional performance and what it means for the future of luxury real estate.