India’s real estate sector may need ₹50 lakh crore capital by 2036: Report

India’s real estate sector may require nearly ₹50 lakh crore of capital over the next decade to support growth, according to an Anarock Capital report. While funding channels have diversified through banks, AIFs, REITs, private credit and government-backed vehicles, affordable housing remains underfunded, with over 4.5 lakh stalled affordable and mid-income homes needing about ₹55,000 crore of support.

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Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projects

Leading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra Reclamation, and Andheri West. The Maharashtra Housing and Area Development Authority is overseeing the process. This initiative aims to upgrade living standards for residents in older colonies. It promises modern housing and improved urban infrastructure for thousands.

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India's office boom has a hidden carbon problem - and it's not the buildings

As India's office absorption surpasses 75 million sq ft in 2025, a new Savills India report warns that interior fit-outs , replaced every 5-7 years, may be generating more embodied carbon than the building structures themselves. The circular economy offers a commercially viable fix, but fragmented supply chains and absent regulation are slowing adoption.

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Cement companies' operating profit may decline 10-15% in FY27: ICRA

ICRA expects the operating profitability of Indian cement companies to moderate in FY27 due to higher power, fuel, freight and packaging costs amid geopolitical tensions in West Asia. Operating profit per tonne is projected to decline to ₹820-870 in FY27 from an estimated ₹950-980 in FY26, though partial price hikes may cushion the impact.

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US-based Intuit inks ₹915 crore office lease for over 6.3 lakh sq ft in Bengaluru

Financial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 floors. This transaction highlights strong activity in India's office leasing market. Global Capability Centres are expanding their teams for engineering and AI. Intuit's expansion underscores its commitment to its India development centre.

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UP-RERA approves 13 projects worth ₹3,052 crore, issues advisories for homebuyers

UP-RERA has approved 13 real estate projects across eight districts of Uttar Pradesh with a cumulative investment of ₹3,052.73 crore and 4,772 proposed residential and commercial units. The authority has also asked homebuyers and complainants to use its online portal to verify project details, track complaint status and check recovery certificate proceedings before making purchase or legal decisions.

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Hyderabad: Plot in Thorrur fetches ₹45,000 per sq yard in auction

Open plots in Thorrur and Bahadurpally saw strong demand at a recent auction, with prices reaching Rs 45,500 and Rs 40,500 per square yard respectively. The Rajiv Swagruha Corporation auctioned 85 plots, attracting 150 bidders. Thorrur's proximity to the ORR and Adibatla IT corridor drove high bids, while Kurmalguda's closeness to Shamshabad airport also boosted prices.

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