The National Real Estate Development Council (NAREDCO) has announced its new leadership, appointing Parveen Jain as President and Niranjan Hiranandani as Chairman. Jain, the founder and Managing Director of Tulip Infratech, assumes the role for the second time after previously serving from 2015 to 2017. He highlighted NAREDCO's commitment to transparency, progressive policy reforms, and sustainable growth aligned with India's economic priorities. Hiranandani, Co-Founder and Managing Director of the Hiranandani Group, expressed confidence in Jain's leadership, emphasizing NAREDCO's ongoing role in strengthening collaboration between the government and real estate developers while supporting industry credibility and national development objectives.Read more

Dharampal Satyapal Group (DS Group), a diversified FMCG conglomerate, was recognised earlier this week as Water Positive by GRIHA, a joint initiative of India's Ministry of New and Renewable Energy and TERI. With a Water Positivity Index of 1.8, the Group joined a select few corporates in India to achieve such certification. The recognition followed a two-and-a-half-year assessment across 30 business units nationwide and reflected DS Group's ongoing dedication to sustainable water management, efficient resource utilisation, and community-focused conservation initiatives.Read more

Esencia Partners, a firm associated with Manipal Group Chairman Ranjan Pai, has acquired a 25,824 sq. ft. bungalow on Lavelle Road in central Bengaluru for INR 165.66 crore, setting a new record for the city's luxury residential market. This transaction, amounting to approximately INR 64,166 per sq. ft., reflects a significant shift in Bengaluru's high-end property sector, with deals in the INR 40-60 crore range becoming more common. The city's luxury market is experiencing increased investor confidence, evident from the doubling of high-value transactions compared to the previous year.Read more

Rustomjee Group (Keystone Realtors Ltd.) has launched special festive offers across its luxury and premium residential projects in the Mumbai Metropolitan Region, allowing homebuyers to book by paying just 20% upfront. The remaining amount is linked to construction milestones through flexible plans like 20-80 and 20-30-50, easing financial pressure on buyers. Dr. Rakesh Setia, President of Sales, Marketing and CRM, said the initiative aligns with festive optimism and long-term investment goals. Early buyer response has been positive, reflecting growing confidence in Rustomjee's transparent and customer-focused approach. The limited-time offer aims to make homeownership more accessible and stress-free this festive season.Read more

Tribeca Developers has fully repaid the INR 200 crore loan it had availed from HDFC Capital to fund its luxury residential project, The Edge. The early repayment highlights the trust the company has earned among its clients and capital partners. With operations across six cities, Tribeca has delivered or launched over 6 million sq ft of luxury real estate, generating a topline exceeding INR 7,000 crore. The company also serves as India's official licensor for Trump-branded real estate projects, adding credibility to its portfolio.Read more

K Raheja Corp recently organised a volunteering initiative under its 'Time Off for Volunteering' policy, uniting employees across its group companies to create tactile Braille learning cards for visually impaired children. The activity highlighted the company's focus on empathy, accessibility, and inclusion. The event also saw participation from visually impaired youth, who tested the cards and shared their experiences, making it a memorable example of connection and community spirit.Read more

Signature Global (India) Ltd., a prominent real estate developer, expanded its global outreach through an exclusive showcase held in New Jersey earlier this week. The event, led by Director Bharti Aggarwal, brought together Non-Resident Indian (NRI) investors and customers, presenting Signature Global's flagship Gurugram projects. The session aimed to strengthen engagement with overseas homebuyers, reflecting the company's commitment to design excellence, transparency, and sustainable development.Read more

Omaxe Limited has received a three-year extension from the Patiala Development Authority (PDA) to complete its integrated township at Baran village, Patiala, following the return of 60 acres of land to the government. The township, launched under a public-private partnership in 2006, faced a 13-14 year-long dispute after the developer received a termination notice in 2011 for non-compliance. Around 500 allottees had already built homes. The extension allows Omaxe to resume development and maintenance, ensuring better amenities and services for residents.Read more

Max Estates Limited, a leading developer based in the NCR, has secured a dual 5-star rating in the 2025 Global Real Estate Sustainability Benchmark (GRESB), scoring a perfect 100 in the Development category and 92 in Standing Investments. The company ranked first globally among its peers, placing it within the top 20 per cent of real estate entities worldwide for its Environmental, Social and Governance (ESG) performance, anchored in its LiveWell and WorkWell philosophy.Read more

Mumbai-based developer Aspect Realty is set to deliver more than 600 flats under the Slum Rehabilitation Authority (SRA) project in Worli by January next year. The company had taken over the INR 450-crore project last year, which had been stalled for 17 years. Aspect Realty cleared all pending dues of the previous developer and restarted construction with fresh funding. Each 300 sq ft flat includes a living/dining area, kitchen, bedroom, and separate bath and toilet, and will come with a full set of essentials. The project offers long-awaited ownership and security to resident families.Read more