The Realty Today

ALT Union Home and Cooperation Minister Amit Shah on Monday inaugurated and laid foundation stones for 30 development projects worth Rs 1,024 crore. The works are in the Gandhinagar Lok Sabha constituency. They cover roads, housing, water supply, sewage, solar power, schools, health care and public spaces. The main programme began at 12 noon on a ground opposite the Ranip bus station. Gujarat Chief Minister Bhupendra Patel was present. Ahmedabad Mayor Hitesh Barot had shared the schedule a day earlier.

ALT The Brihanmumbai Municipal Corporation (BMC) has received a total of 97 registrations under its Occupancy Certificate (OC) amnesty scheme for Mumbai buildings. However, only four of them have submitted all the necessary documents. To encourage more housing societies to apply, the civic body is planning to organise awareness programmes in the city. The scheme was launched on September 9, 2026, under which eligible housing societies and certain other establishments can get their pending OCs at concessional rates of penalty and charges on eligible properties.

ALT HSBC Electronic Data Processing India Private Limited has sub-leased 1.19 lakh square feet of office space at the Ecospace Campus in Bengaluru’s Bellandur with a total rent of over Rs. 207 crore. The office space is located on Outer Ring Road which is one of the well-established office corridors. This office space covers an area of 119,751 sq ft on the first, second and third floors. The starting monthly rent is Rs. 3.19 crore, or approximately Rs. 267 per sq ft. The agreement also includes 119 car parking spaces.

ALT DLF Limited plans to invest around Rs. 3,750 crore for a majority stake in a proposed joint venture with Singapore-based Everstone Group. The JV will invest in IREO Private Limited and other IREO group companies in India, with the aim of developing the real estate potential of their businesses across Delhi, Gurugram and other regions. The two partners signed a binding and exclusive term sheet on November 6, 2026. Under a separate agreement with the IREO funds, the proposed JV plans to acquire at least a 20% stake in the IREO India companies, along with certain governance-related rights. Its total economic interest in these companies, including contractual and other interests, is expected to be around 40%. The IREO funds will hold the remaining interest.

ALT The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved 17 real estate projects across eight districts of the state, involving a proposed investment of Rs. 4,844.43 crore. The projects are expected to add 5,726 residential and commercial units to the state's development pipeline, with Lucknow accounting for the largest share. Projects have been given clearance in Lucknow, Ghaziabad, Gautam Buddh Nagar, Kanpur, Meerut, Ayodhya, Firozabad and Moradabad districts during the 217th, 218th and 219th meeting of the authority held at its headquarters under the chairmanship of UP RERA Chairman Sanjay Bhoosreddy. The proposals were examined before being cleared.

ALT Estates, a leading real estate developer focused on senior living, has partnered with Emoha, India’s largest elder-care network, for its upcoming senior living project, J 36, in Sector 36, Sohna, Gurugram. The collaboration will bring together residential development and specialised elder-care expertise, to create a community designed around the evolving needs of residents and their families. Spread across approximately 3.825 acres, J 36 will comprise 190 residential units, with an estimated sales potential of ₹525 crore.

ALT Delhi has declared its last 48 rural villages urban. The Rekha Gupta government says the move will help bring better roads, water supply, sewerage and other civic amenities to areas that have long waited for planned development. The 48 villages are the remainder of Delhi’s 357. The other 309 were already urban. A notification from the Urban Development Department records the Lieutenant Governor’s declaration under Section 507(a) of the Delhi Municipal Corporation Act, 1957.

ALT Indian Hotels Company Ltd (IHCL) has signed a multi-hotel operating agreement with Adani Airport Holdings Ltd (AAHL) to set up eight hotels with more than 2000 rooms in Mumbai, Ahmedabad, Lucknow and Guwahati. These properties will be managed under IHCL’s Taj, Vivanta, Gateway and Ginger brands to further increase hotel supply at some of the country’s major aviation hubs. The hotels will be developed by Adani Airports and operated by IHCL’s hospitality vertical. The hotels will provide business, leisure and transit customers with a range of facilities including accommodation,dining, conferencing and events, wellness and entertainment.

ALT Homebuilder D.R. Horton has entered a multi-year partnership with Canada-based construction tech firm Promise Robotics to use its robotic construction system to build over 1,250 homes. This will help improve efficiency and consistency through the automation of some building processes using a factory based approach. This partnership, announced on October 13th 2026, will allow D.R. Horton to use the Factory-as-a-Service platform provided by Promise Robotics. This means they can take advantage of the automated manufacturing capability without having to create their own robotics manufacturing facility. Financial details of the deal were not disclosed.

ALT Experion Developers plans to invest an extra Rs. 10,000 crore in Indian real estate over the next five to seven years with a large chunk going into land acquisition in Delhi-NCR. The company is also looking at branded residential projects and senior living. The investment will be backed by Singapore-based AT Capital Group, which has invested around Rs. 5,000 crore in Indian real estate through Experion since the company began operations in 2006. The planned investment is expected to support the developer’s next phase of growth, with the National Capital Region remaining its primary market.

ALT India’s residential property market witnessed an improvement in buyer activity during July–September 2026, with housing demand rising quarter-on-quarter, according to the latest PropIndex report by Magicbricks Research. While supply also recorded moderate growth, demand remained below year-ago levels, indicating a gradual recovery in the housing market. Bengaluru and Ahmedabad emerged among the stronger-performing markets, alongside Navi Mumbai and Thane, reflecting growing buyer interest across key residential hubs. Mumbai, Hyderabad and Chennai also recorded an increase in demand during the quarter, while markets such as Greater Noida, Kolkata and Noida saw comparatively modest growth.

ALT Bengaluru witnessed the highest growth in residential real estate prices among the top 6 housing markets in the country at 14.5% during Q3 (July-September) 2026. NCR saw growth of 10.6% in residential prices. Chennai and Mumbai Metropolitan Region (MMR) recorded growth of 10.2% and 8.9% respectively. The average residential real estate prices in Bengaluru increased to Rs. 11,293 per sq. ft. in Q3 2026 from Rs. 9,863 per sq. ft. during the same quarter last year. Another Q3 report found that housing sales across India’s top seven cities rose 3% year-on-year, which gives a broader picture of residential market activities during that year.

ALT Uttar Pradesh registered 217 real estate projects with a combined estimated cost of Rs. 46,795 crore between January and September 2026. The proposed developments account for 66,158 units. Western Uttar Pradesh recorded the largest share of registrations and project costs, while Lucknow led among districts by the number of projects registered.

ALT The Delhi Development Authority (DDA) booked more than 2,500 low-income group (LIG) flats in Narela within two hours of opening online bookings under its Awaas Nivesh Yojana 2026 on October 20. The scheme offered 2,516 flats at a 25% discount, with tentative prices starting at Rs. 14.95 lakh. DDA has previously outlined the housing schemes and the flat prices prior to the booking date. The strong initial response came as bookings opened at noon on a first-come, first-served basis. The flats are located in Narela, across the designated pockets covered by the scheme, and are intended to provide a lower-cost homeownership option in the capital. The booking figures indicate the response to the offer, although they do not mean that the entire allotment and payment process has been completed.

ALT Prestige Estates is set to launch residential properties worth a combined Gross Development Value (GDV) of over Rs. 40,000 crore in the second half of FY 2026-2027, more than double the value of the projects launched in the past six months. The developer is bringing new projects in Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad between October 2026 and March next year, in order to build on residential sales-booking momentum and hit the full-year sales-booking target of Rs. 35,000 crore to Rs. 36,000 crore. The pipeline comes after residential launches valued at more than Rs. 16,200 crore during April-September 2026, according to the company's latest operational update.

ALT DLF Ltd is all set to launch residential projects with sales potential of over Rs. 58,000 crore in the next two-three years as the company prepares new luxury housing projects in Gurugram and Mumbai. The company aims to take around 24 million sq. ft. of residential space to market as part of its medium-term launch pipeline. The proposed launches form part of a larger residential development plan unveiled in the early part of the 2024-25 financial year. Earlier, DLF had laid out plans to launch 37 million sq. ft of residential space with estimated revenue potential of Rs 1,14,500 crore in the coming years.

ALT JPMorgan Chase is set to establish Asia’s largest Global Capability Centre (GCC) in Powai, Mumbai, marking another major expansion of India’s role in global financial and technology operations. The project is being developed by Brookfield Properties and is expected to involve an investment of around $1 billion. The planned campus will span approximately 1.3 million sq. ft. and is designed to accommodate up to 30,000 employees as it scales. The new centre is expected to bring together technology, operations, analytics, finance and other global functions, strengthening Mumbai’s position as one of the world’s leading hubs for multinational GCCs.