Real Estate Sector Pins Hopes on Union Budget 2025-26 for Revival Measures

The real estate sector is looking to Union Budget 2025-26 for much-needed support amidst declining activity. Affordable housing remains a key focus, with industry experts urging measures such as the reinstatement of the Credit-Linked Subsidy Scheme, revised price caps, and tax incentives. Infrastructure development is also expected to drive long-term growth.

Lodha Group Reports Pre-Sales of ₹45.1 Billion in Q3FY25

Lodha Group reported record-breaking pre-sales of ₹45.1 billion in Q3FY25, reflecting a 32% YoY growth. Collections surged by 66% to ₹42.9 billion. The company added eight new projects in FY25 and expanded into Bengaluru and NCR’s digital infrastructure sector. Net debt reduced by ₹6.1 billion, underscoring Lodha’s strategic growth and financial discipline.

Industrial & Warehousing Dominate Realty Investments with USD 2.5 Billion in 2024

Indian real estate witnessed a record USD 6.5 billion in institutional investments in 2024, marking the highest inflows in five years. The industrial & warehousing segment led the way with USD 2.5 billion, followed by robust growth in office and residential assets. Mumbai emerged as the top investment destination, attracting 24% of total inflows.

Paytm Leases Office Spaces at World Trade Centre, Cuffe Parade in Mumbai

PayTM Payments Bank has secured two office spaces in the prestigious World Trade Centre, Cuffe Parade, Mumbai, for a 60-month lease term, totaling ₹4.18 Crore in rent. This strategic move demonstrates PayTM’s continued growth and investment in a prime commercial location in Mumbai.

CIDCO Reclaims Over 2 Lakh Sq. M. of Land from Encroachments in 2024

CIDCO successfully demolished 2,102 unauthorized structures in Navi Mumbai and NAINA in 2024, reclaiming 2,06,431 square meters of land. This move is part of CIDCO’s ongoing efforts to maintain organized urban development, supporting infrastructure projects like the Navi Mumbai International Airport and Metro. The demolition drives followed due process, with notices issued to property owners under the MRTP Act.