Signature Global buys 25 acres for ₹150 crore, ties up 169.22 acres in Gurugram

Signature Global has acquired 25 acres in Farrukhnagar, Gurugram, for ₹150 crore and entered into collaboration agreements for another 169.22 acres. The combined 194.22-acre development has an estimated potential of 6.77 million sq ft and GDV of ₹5,500-6,000 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/o1gSZVs
via IFTTT

Bombay HC uphold builder's decision to terminate flat allotment

The Bombay High Court affirmed a developer's right to revoke Santosh Amarsingh Sandhu's housing allotment due to his failure to clear overdue payments. The court highlighted that developers cannot afford to wait indefinitely for buyers to fulfill obligations, as Sandhu did despite multiple notices. He was encouraged to explore alternative flats, yet neglected to address his financial commitments.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/HAF9Esv
via IFTTT

Anarock acquires 51% stake in DSP Design Associates for about ₹450 crore

Anarock has acquired a 51% stake in DSP Design Associates, which reported revenue of about ₹450 crore in FY26, at a valuation of around one-time turnover, Anuj Puri, founder and chairman, Anarock Group, told ETRealty. The acquisition has been funded through internal accruals.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/czJCSyH
via IFTTT

Accepting delayed flat possession does not bar homebuyer from claiming interest: Allahabad HC

The Allahabad High Court reaffirmed its decision concerning a homeowner's right to interest due to the delayed possession of a flat in Noida. The ruling emerged after Antriksh Developers and Promoters Pvt Ltd contested the court's stance, insisting that restrictions from the National Green Tribunal hindered their construction efforts. However, the court dismissed these claims and instructed the developer to compensate interest for the prolonged delay in possession.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/uKsftyj
via IFTTT

Shriram Properties to surpass doubling profit by FY29, explores mall-led rental income in West Bengal

With ambitious goals, Shriram Properties Ltd aims to double its net profit and sales bookings by FY29, fueled by a surge in project completions. Having reported a consolidated net profit of Rs 100.81 crore, the company is setting its sights on a realizable income of around Rs 3,000 crore. Its expansive construction pipeline spans about 50 million sq ft through FY29.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/jHbtByX
via IFTTT

Max Estates to jointly develop 9.76-acre project in Ghaziabad

Max Estates has entered into a binding MoU for a proposed joint development agreement covering a 9.76-acre land parcel in Indirapuram, Ghaziabad. The project has an estimated development potential of about 1.5 million sq ft and GDV of ₹2,500-3,000 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/kqdU4fy
via IFTTT

Puravankara acquires 13.44-acre land parcel in Greater Noida for ₹340 crore

Puravankara has entered the Delhi-NCR market through the allotment of a 13.44-acre land parcel in Greater Noida. The project has a saleable potential of about 4.57 million sq ft and an estimated GDV of ₹5,200 crore.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/1Ze7Pwa
via IFTTT