The Latest
Top Listed Developers Target ₹1.49 Lakh Cr Bookings in FY2026 — What It Means for Homebuyers
India’s top 10 listed real estate developers are aiming for ₹1.49 lakh crore in bookings in FY2026, with nearly 30% already achieved in Q1. Stronger balance sheets, higher pre-sales, and land buying sprees signal safer options for homebuyers — but also rising consolidation in the sector.
Puravankara Secures Malabar Hill Redevelopment Project Worth ₹2,700 Crore
Puravankara Limited, through its subsidiary Purva Blue Agate Pvt Ltd, has secured the redevelopment rights for a 1.43-acre society in Malabar Hill. With a development potential of 0.7 million sq. ft. and a GDV of ₹2,700 crore, the project will deliver new luxury homes to existing residents and create premium inventory for sale. This marks Puravankara’s second major South Mumbai redevelopment after Breach Candy’s Miami Apartments, expanding its city portfolio to 4.25 million sq. ft. with a GDV potential of ₹10,500 crore.
ALL IN THE NAME OF POOR! The Detrimental Impact of DCR 33(11)
It’s a matter of great concern for all Mumbaites that successive governments have shown little interest in resolving the burning issue of housing, including the recent phenomenon of private property redevelopment. This article exposes how new DC regulations, particularly DCR 33(11), are ironically worsening the city’s housing crisis in the name of the poor.
GST Cut on Cement: Will Homebuyers Really Benefit, or Will Developers Pocket the Gains?
The GST Council’s decision to cut cement tax rates to 18% is expected to reduce construction costs by 3–5%. But will this relief ever reach homebuyers? Drawing from two decades of reporting on real estate, Varun Singh argues that past experience shows developers rarely pass on such benefits. From premium reductions to infrastructure boosts like the Coastal Road, home prices have only risen. Unless homebuyers collectively demand accountability, this GST relief too may remain only in builders’ profit books.
