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SECTOR | 01 Sep 2026, 03:17PM

Lloyds Realty plans 1,935 crore redevelopment project in Goregaon

Business Standard

The integrated redevelopment of five housing societies will involve about 30 lakh sq ft of construction and is expected to generate 3,320 crore in revenue

Realty

SECTOR | 31 Aug 2026, 05:42PM

8 of 19 services sub-sectors post double-digit growth in June: MoSPI

Business Standard

The index of services production released on Monday for the third time on a trial basis showed eight of 19 service categories recorded double-digit growth in June this year. The Ministry of Statistics & Programme Implementation (MoSPI) releases the Index of Services Production (ISP) for the month of June 2026 in respect of 19 sub-sectors, with base year 202425. Except for air transport, all the categories recorded positive growth in June on an annual basis, a statement by the statistics ministry said. Air transport declined by six per cent. Top sub-sectors reporting strong growth in June 2026 were Real Estate (24.7 per cent), Retail Trade (18.0 per cent), Wholesale Trade (15.1 per cent), Administrative and Support Services (14.4 per cent), IT and Computer Related Services (13.5 per cent), according to the index. The maiden sub-sectors trial ISP for April 2026 was released on July 14, 2026. The monthly ISPs are being published on an experimental basis, the ministry said. The...

Realty

SECTOR | 28 Aug 2026

Blackstone to sell $1.25 billion stake in India's Knowledge Realty Trust

Business Standard

The investor will sell up to 11.1 million units representing 25.03% stake on Aug. 31 for non-retail investors and Sept. 1 for retail investors, according to a filing.

Blackstone offers to sell up to 25% of Knowledge REIT for over $1 billion

Business Line | 28 Aug 2026 1 more

Realty

SECTOR | 27 Aug 2026

Real estate developer G Square denies political affiliations with any party and says it has no business interest in Parandur

Business Line

Company has sent a representation to the Speaker of the State assembly to remove allegations made against it in the House

Real estate pre-sales decline as project launches remain subdued in Q1 FY27

Business Line | 27 Aug 2026

Realty

SECTOR | 27 Aug 2026

iUSTUS to develop 2.5 msf of residential, commercial space in Bengaluru

Business Standard

Realty firm iUSTUS will develop 25 lakh sq ft of housing and commercial projects in Bengaluru. The company has a "pipeline of around 2.5 million sq ft across South and East Bengaluru, covering residential and commercial developments", iUSTUS said in a statement on Thursday. Bengaluru-based firm is founded by Pawan Sawhney and Santosh Soni, who have been involved in major real estate developments spanning over 7 million sq ft. They bring experience from both the investment and operating sides of the business. iUSTUS said the company would focus on professional execution, disciplined capital deployment, quality, transparency and long-term value creation. Sawhney, MD & CEO of iUSTUS, said: "We believe we have a unique opportunity to better the way we live - by creating enduring value for people and communities while enabling a harmonious coexistence with nature. Sawhney has previously been a Partner at a private equity fund, and also MD and CEO of Address Maker. He is an IIT Bombay .

Realty

SECTOR | 27 Aug 2026

Coworking operators lease 191,000 seats across 8 cities in Jan-Jun: Report

Business Standard

Co-working centre operators have leased over 1.91 lakh seats to corporates across top 8 cities during January-June period, a 68 per cent annual increase, amid rising demand for flexible managed office spaces, according to Cushman & Wakefield. These operators leased 1,91,306 desks during the first six months of this year as against 1,13,623 in the year-ago period. Real estate consultant Cushman & Wakefield noted that corporates are increasingly preferring to adopt flexible workspace solutions offered by the coworking operators. As per the data, the leasing of coworking seats in Bengaluru rose 32 per cent to 57,487 desks in the January-June period from 43,616 desks in the corresponding period of the preceding year. In Hyderabad, the coworking operators leased 40,451 desks during January-June 2026, a more than two fold jump from 14,936 units in the year-ago period. Mumbai too saw a sharp jump as coworking operators leased 25,820 desks in the first half of this year as against...

Realty

SECTOR | 26 Aug 2026

August Energy, Energeia partner to create a $100 million energy efficiency infrastructure platform

Business Line

The platform will target energy-intensive sectors including pharmaceuticals, automotive, food and beverage, chemicals, cement, steel, hospitality, healthcare, data centres, REITs, and commercial real estate

Realty

SECTOR | 26 Aug 2026

Varun Ajay Joshi Is Building More Than Companies. He's Creating Intelligence.

Business Standard

From Real Estate Intelligence to Career Decision-Making, the entrepreneur behind Space of The Greats is creating businesses around one powerful idea: clarity first, everything else follows.

Realty

SECTOR | 25 Aug 2026

Majority of HR leaders expect new job creation in H2 2026: Report

Business Standard

Most Human Resources leaders expect hiring (both new and replacement) to continue in H2 2026, with 79 per cent anticipating fresh job creation, a report said on Tuesday. The bi-annual Naukri H2 2026 Hiring Outlook is based on insights from more than 540 senior HR leaders and hiring decision-makers across sectors. Nearly 97 per cent of HR leaders surveyed expect hiring (both new and replacement) to continue in H2 2026, and 79 per cent predict fresh job creation, the report said. Real estate leads the optimism with 86 per cent of its HR leaders forecasting new jobs, followed by FMCG at 85 per cent, it added. The IT and technology sector has gained momentum, with 83 per cent of HR executives being optimistic about hiring in the second half of this year, up from 79 per cent in H1, the report noted. The report further revealed that HR leaders anticipate maximum hiring in Business Development, Marketing, and IT roles, with 45 per cent, 37 per cent, and 31 per cent, respectively, predict

Realty

SECTOR | 23 Aug 2026

Sales bookings of listed realty firms drop 21% amid fewer project launches

Business Standard

India's 28 big listed real estate firms' collective sales bookings fell 21 per cent to nearly Rs 40,000 crore in the latest June quarter due to lower volumes, as some big developers refrained from launching housing projects amid global economic uncertainties. According to data compiled from investor presentations, total combined sales bookings, or pre-sales, of the 28 major listed real estate companies stood at Rs 39,964 crore in the first quarter of 2026-27 compared to Rs 50,900 crore in the year-ago period. The housing segment contributed the bulk of the sales booking numbers. Godrej Properties became the largest listed real estate developer in terms of sales bookings. The company sold properties worth Rs 8,651 crore in the June quarter against Rs 7,082 crore in the year-ago period. Out of 28, 19 developers have reported growth in pre-sales. They are Godrej Properties, Lodha, Sobha, Max Estates, Puravankara, Kalpataru, Embassy Developments, Mahindra Lifespace, Raymond Realty, ..