First Pass

11 stories from 3 sources

Premium land and capital deployment define India’s property market

Day’s Recap

Supporting Articles

M3M has emerged as the highest bidder for a 12.5-acre mixed-use parcel in Noida’s Sector 108 with a bid of approximately ₹1,850 crore, more than double the ₹835 crore reserve price. DLF was among the other developers competing for the site.

11:24 PMEconomic Times Realty

India's residential property market is entering the middle phase of its current cycle, according to Nuvama Research. Developers are moving from debt reduction toward deploying capital, executing projects and building annuity-generating assets.

10:16 AMEconomic Times

Accenture Solutions has leased 2.72 lakh square feet at House of Hiranandani's commercial project in the Mumbai Metropolitan Region. The 10-year agreement carries a monthly rent of Rs 1.9 crore and was facilitated by JLL India.

10:15 AMEconomic Times

Other Developments

A curated list of other prominent stories from this day.

The Supreme Court rejected Parsvnath Developers' proposal on flat possession and repayment and directed the company to submit a revised offer. It warned that a High-Powered Committee could be appointed if the builder fails to present an acceptable plan, while also denying the insolvency professional's request to access a frozen bank account.

2:55 PMEconomic Times Realty

Real estate could increase its contribution to India's GDP from roughly 8-9% today to 15-20% by 2047. The expansion is expected across housing, offices, warehousing, logistics, education and healthcare, though the sector will continue to face headwinds.

10:18 AMEconomic Times

Bengaluru, Hyderabad, Chennai and other leading markets account for 62% of the office space held by listed Indian REITs. Bengaluru has the largest share of its office stock under REIT ownership, while retail and warehousing REITs are widening institutional participation in real estate.

10:14 AMEconomic Times

Signature Global plans to launch two Gurugram housing projects with a combined value of Rs 12,000 crore in the second half of FY27. The company is targeting strong festive-season sales to support a Rs 10,000 crore annual pre-sales goal despite recording a first-quarter net loss.

10:12 AMEconomic Times

The housing ministry has urged developers to adopt sustainable construction practices, including preserving green spaces and installing water recycling systems. It also called for future projects to align with the Delhi Master Plan 2047 and said it would consider industry feedback.

10:08 AMEconomic Times

Investors who prioritize rental yield recorded the highest Housing Sentiment Index score, at 119, in the latest Magicbricks survey. The result indicates that recurring income is becoming a stronger motivation for residential property purchases.

7:56 AMThe Property Times

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