The Bajaj Alts Real Estate–Growth Fund I target a corpus of Rs 2,000 crore, including a green-shoe option. It has already secured commitments from family offices, institutional investors, and high-net-worth individuals.

With this fund, Bajaj Alts aims to expand into equity-led commercial real estate development. According to the company, domestic investment strategies have historically shown limited participation in this segment compared with debt financing for residential developers and the acquisition of completed properties.

“Our strategy is focused on partnering with established developers to co-develop high-quality commercial office assets in India’s key markets,” said Sanchit Bhatia, head of the real estate fund at Bajaj Alts. He added that the strategy would enable investors to participate in value creation from projects catering to corporates and global capability centres (GCCs).

Meanwhile, the fund has identified a pipeline of investment opportunities and plans to deploy capital across select cities over the coming months. Growing demand from multinational companies establishing or expanding their GCCs has also strengthened investor interest in institutional-grade commercial office assets across major business districts.

Lakshmi Iyer, group president for investments and managing director and chief executive officer of Bajaj Alts, said the fund’s first close would establish the foundation for a broader alternatives investment platform.

Bajaj Alts, a wholly owned subsidiary of Bajaj Finserv, was incorporated in 2025. Its investment offerings span real estate, private equity, and listed equities. Furthermore, the company plans to explore strategies such as long-short and quantitative investing.

The Rs 2,000-crore fundraising target will determine the scale of the fund’s investment programme as Bajaj Alts transitions from fundraising to capital deployment. However, the company has not disclosed the cities, developer partners, or individual projects it is currently evaluating.

Century Immencity will feature nearly 10 million sq. ft. of commercial space, alongside residential developments, high-street retail, hospitality, and cultural and community facilities. Once completed, the district will accommodate more than one lakh professionals, creating a major employment, residential and lifestyle hub in North Bengaluru.

The broader development also incorporates international design expertise from DP Architects, Singapore, and BDP, London. Additionally, its master-planning approach prioritises pedestrian-friendly movement, landscaped promenades, plazas, green spaces and social gathering areas. As a result, these public spaces will connect different developments and activities across the district, creating an integrated and accessible urban environment.

Within this integrated destination, The Astoria features a limited collection of 334 Neo Luxe Residences spread across five towers on approximately six acres. The project offers around 75% open space, a clubhouse spanning approximately 40,000 sq. ft. and a landscape-focused range of amenities. Its residential portfolio includes spacious three-bedroom and four-bedroom homes, along with penthouses. Residents will also have access to Century Immencity’s wider commercial, hospitality, retail, cultural, and social ecosystem.

The Astoria introduces Century Real Estate’s interpretation of Neo Luxe living, founded on three core principles: privacy, purpose, and design.

Maninder Chhabra, director – sales, marketing, and CRM, Century Real Estate, said, “The response to Astoria reinforces our confidence in the market and in our approach to creating differentiated residential offerings for the evolving Bengaluru homebuyer.”

Initially pre-launched in July 2026 under the codename Bluemoon, The Astoria has recorded more than ₹550 crore in bookings. Strong interest from Bengaluru’s elite circles has contributed to the early response, highlighting demand for the residential offering within Century Immencity. The formal launch under The Astoria identity marks the next phase of the project.

Presented by IndusInd Bank, HYROX caters to recreational fitness enthusiasts and experienced athletes. Through this association, PRANA aims to connect its Power Living concept with a fitness format that combines physical performance and endurance.

Located in GIFT City, PRANA is positioned by Nila Spaces as a wellness-oriented residential community that integrates fitness facilities, recovery infrastructure, technology, and biophilic design. According to the company, its proposed wellness and longevity ecosystem also incorporates air and water systems and spaces designed to support physical vitality and mental wellbeing. The concept focuses on integrating wellness into everyday living rather than restricting it to standalone fitness activities.

Deep Vadodaria, chief executive officer of Nila Spaces, said the partnership reflected a shared emphasis on integrating fitness, recovery, mental wellbeing and healthier ageing into the residential experience.

Meanwhile, Deepak Raj, country head of HYROX India, said the organisation welcomed PRANA by Nila Spaces as the official real estate partner for its Gujarat event. He added that the collaboration aimed to create an experience that would encourage more people in the state to explore their physical capabilities.

The association forms part of Nila Spaces’ broader strategy to connect its residential offering with wellness, performance, and longevity. The company has previously collaborated with health and wellness technology platforms Ultrahuman and DreamSpan. By partnering with HYROX, Nila Spaces is extending this approach into organised fitness events, bringing the residential real estate and fitness sectors closer together.

Furthermore, the partnership reinforces the developer’s positioning of PRANA as a living environment that extends beyond conventional residential amenities. Its approach combines fitness infrastructure, recovery facilities, technology, and community-oriented spaces to support residents’ daily routines.

However, the announcement did not disclose the financial terms or sponsorship value of the partnership. It also did not specify the activities PRANA plans to conduct during the three-day event or outline any special participation arrangements for residents and visitors.

• Signs an approximately 11-acre redevelopment project and set to evaluate two more opportunities in Chennai

Mumbai/Chennai, October 08, 2026: TransIndia, a well-established Mumbai-based real estate developer, has announced its foray into Chennai with TransIndia Grandeur, an ultra-luxury residential development in Anna Nagar. The move marks an important step in the company’s expansion beyond Maharashtra and the beginning of its long-term growth journey in South India. TransIndia’s Chennai strategy will focus on redevelopment opportunities in established neighborhoods, where limited availability of large land parcels is creating demand for new premium residential developments.

TransIndia Grandeur comprises spacious three-and four-bedroom residences designed for established families and homebuyers seeking an upgraded living experience. Located in a well-connected, mature residential neighbourhood, the project offers luxury residences designed for discerning homebuyers, with spacious deck residences and panoramic river and city views.

Situated along the Anna Nagar, Poonamallee High Road corridor, TransIndia Grandeur benefits from being in a prominent main-road location with access to an established residential and social ecosystem. The development is being planned as an elevated lifestyle offering, packed with features including a grand double-height lobby and driveway, concierge services, and a rooftop swimming pool being planned.

The project features 15+ curated amenities designed to complement the residential experience, including an infinity pool, golf simulator, gaming arena, indoor games room, sports court, walking track and yoga deck/meditation area. The development also comprises Wings A and B with a G+11 structure, with four residences and four high-speed elevators per floor.

Commenting on the Chennai project launch, Mr. Rajendra M. Rajan, Founder, TransIndia Group said, “Chennai was a natural next step in TransIndia’s growth journey after Mumbai. The city has strong economic fundamentals, an established base of homebuyers, and considerable redevelopment potential coming up in its mature residential neighbourhoods. As large land parcels become increasingly scarce in prime locations, redevelopment can help create high-quality housing while preserving the advantages of established communities. TransIndia Grandeur is a reflection of our commitment to bringing thoughtfully planned, premium residences to the city, while our wider project pipeline demonstrates that this is a long-term market for us.”

Construction activity began ahead of its formal launch, with piling work already completed and excavation at the rear of the project site currently under way. The development is expected to be through in approximately two-and-a-half years from launch.

The Chennai launch for TransIndia comes as the city’s residential market reports increasing activity in the premium and luxury categories. According to Anarock’s Chennai Q2 2026 Residential Market Viewpoints, Chennai recorded approximately 5,300 residential unit launches during the quarter. Luxury housing accounted for 18 per cent of new residential supply, compared with 3 per cent in the preceding quarter. Infrastructure development, growth in the IT-ITeS sector, the expanding presence of global capability centres and improvements in metro and suburban rail connectivity have continued to back the city’s housing market.

TransIndia sees redevelopment as a key driver of Chennai’s next phase of residential growth, particularly in mature neighbourhoods. These locations offer strong connectivity, established infrastructure, and sustained housing demand but limited scope for greenfield development. Beyond TransIndia Grandeur project, the company has signed an approximately 11-acre redevelopment project and has two more developments in the pipeline. This growing portfolio will anchor TransIndia’s long-term presence in Chennai and advance its expansion across South India.

Website – https://transindiagroup.com/

Bengaluru, October 07, 2026: UrbanVault, one of India’s leading managed and flexible workspace providers, has significantly strengthened its presence in its home market of Bengaluru by taking up ~1.6 lakh sq. ft. of workspace spread across three floors at Helios Business Park on the Outer Ring Road (ORR).

The large-format expansion will add nearly 4,000 seats to UrbanVault’s Bengaluru portfolio and marks a strong move in a high-demand business location that already hosts several flexible workspace operators. While most competing flex-space providers in the property have taken up space on a single floor, UrbanVault has secured three floors, translating into nearly three times the space of some of its closest competitors in the building.

The expansion further underlines UrbanVault’s strategy of securing larger, strategically located centres in established commercial hubs rather than pursuing a fragmented footprint.

Helios Business Park, located in Kadubeesanahalli along Bengaluru’s ORR, is an IGBC-certified and LEED Gold-rated integrated campus-style development designed around the requirements of next-generation businesses. The development features 4 basements, a ground floor and 11 upper floors, along with nature-inspired design elements and a business-friendly campus environment.

The property enjoys strong connectivity to key business and residential hubs including Marathahalli, Sarjapur, Bellandur, HSR Layout and Koramangala, making it a strategic location for enterprises seeking flexible and managed workspace solutions.

Bengaluru remains the home market and one of the largest operating markets for UrbanVault, with the company continuing to deepen its footprint across the city as demand for flexible workspace grows among enterprises, startups and distributed teams.

The company has also recently expanded beyond its traditional Bengaluru base, entering Chennai with approximately 1 lakh sq. ft. of workspace, marking another step in its broader expansion strategy.

Over the years, UrbanVault has expanded its presence across Mumbai, Bengaluru, Pune, Gurugram, Hyderabad, Chennai and other major business markets. The company currently has more than 3 million sq. ft. of workspace across 80+ locations and over 70,000 seats under management.

The Bengaluru expansion at Helios Business Park comes as companies increasingly seek flexible office solutions that combine premium locations, enterprise-grade infrastructure and the ability to scale workspace requirements without long-term real estate commitments.

ABOUT URBAN VAULT

Founded in 2018, UrbanVault is a bootstrapped managed office space provider headquartered in Bengaluru, having achieved impressive growth and profitability without external funding. The company recorded a turnover of ₹212 crore in FY 2025–26, with an EBITDA margin of 26% and a PAT margin of 15%, reflecting strong financial discipline and sustainable business practices.

UrbanVault has consistently delivered strong year-on-year growth and currently operates at an annual revenue run rate (ARR) of over ₹300 crore. The company expects to maintain this momentum and achieve the turnover target of ₹350 crore in FY27.

UrbanVault’s decision to self-fund its expansion has enabled it to maintain full control over operations and strategic direction. Since inception, the company has grown from a modest 40 seats to more than 70,000 seats across its network. Spanning over 3 million square feet across multiple cities, UrbanVault’s portfolio demonstrates its commitment to delivering value-driven, high-quality workspace solutions for a diverse set of enterprises.

According to the report, India’s real estate market expanded from $120 billion in 2017 to approximately $600 billion in 2025. The report projects the market to reach $1 trillion by 2030 and nearly $5.8 trillion by 2047.

Meanwhile, the value of real estate under construction increased more than fivefold, rising from $94 billion in 2009 to $503 billion in 2025. The sector’s contribution to India’s GDP could also rise from 6% in 2017 to around 13% by 2030, while employment in real estate is expected to reach 3 crore by the same year.

Residential real estate has also recorded significant growth across India’s top seven cities. Sales value increased from ₹2.35 lakh crore in FY22 to ₹6.10 lakh crore in FY26. Furthermore, quarterly residential sales remained above ₹1.3 lakh crore for seven consecutive quarters.

In the office segment, Global Capability Centres (GCCs) accounted for around 45% of leasing activity during the first half of 2026. At the same time, listed office REITs expanded their combined leasable area nearly sixfold since FY19.

Beyond major metropolitan markets, Tier-2 and Tier-3 cities are increasingly emerging as important real estate hubs. Additionally, sectors such as data centres, warehousing, and hospitality are contributing to the expansion of India’s real estate ecosystem.

Natcon brings together developers, investors, policymakers, financial experts, and other industry stakeholders to discuss India’s real estate landscape, investment opportunities, and the role of technology in business operations, customer engagement, and growth. The three-day event also focuses on how emerging technologies are changing the sector.

Technology adoption, particularly through artificial intelligence and innovation, is reshaping real estate across the value chain. Developers are increasingly using AI for market intelligence, customer engagement, project planning, construction monitoring, decision-making, and operational efficiency.

Dr. Swapan Dasgupta, Minister-in-Charge, Finance Department, Government of West Bengal, attended the inaugural session of Natcon 2026. He said Kolkata and West Bengal offered development opportunities because the region required upgrades across multiple levels. He also called for the removal of development barriers such as Urban Land Ceiling.

“We invite you to come, invest, and develop my city and my state,” he said.

Shekhar G. Patel, President, Credai, said technology and innovation would influence every aspect of the real estate business, including customer understanding, project marketing, planning, construction, and operations.

He said, “AI, in particular, has the potential to enable better decision-making, improve efficiencies, and create more responsive businesses. For the industry, the opportunity is not simply to adopt new technologies but to use them meaningfully to build a more productive, transparent, and future-ready sector.”

Patel further said India’s next phase of urban expansion would extend beyond metropolitan centres. He added that stronger infrastructure and connectivity across West Bengal could create opportunities for housing, businesses, and investment.

“Bringing NATCON to Kolkata is about focusing the industry’s attention on this opportunity and creating a dialogue on how real estate and infrastructure can together contribute to more connected and competitive cities, in line with the vision of Viksit Bharat,” he said.

Meanwhile, the Credai CSR Foundation and Tata Capital Housing Finance have partnered to train around 1,250 construction workers. The initiative contributes to Credai’s broader target of training 50,000 construction workers during the current financial year.

Boman Irani, Chairman, Credai, said discussions at Natcon around technology, sustainability, skills, and investment reflected the factors that would shape the future growth of the real estate industry. He added that the Anarock report offered insights into these changes.

“The partnership with Tata Capital Housing Finance is equally relevant because the adoption of new technologies has to be accompanied by investment in the skills of the people who will use them,” he added.

Established in 1999, Credai represents private real estate developers across India. The organisation has more than 13,000 developers across 230 city chapters in 20 states and communicates the views of its members to government ministries during policy formulation.

For Indian investors seeking luxury second homes, traditional domestic coastal havens are becoming increasingly saturated and prohibitively priced. As buyers look further afield for exclusivity and better value, Sri Lanka has naturally emerged as a compelling alternative. Recognising this shift, Crystal Property Group (CPG), the luxury developer chaired by former Sri Lanka cricket captain Kumar Sangakkara, has officially opened its branded residence portfolio to the Indian market.

Founded by Sangakkara and Chief Executive Officer Reza Magdon-Ismail, CPG offers foreign buyers full freehold ownership of coastal and highland properties. It is a sophisticated international investment that sidesteps the congestion of domestic real estate markets while remaining just a short flight away. Sangakkara brings a long-standing interest in architecture and design to the board, and Reza has successfully navigated the island’s recent economic hurdles to build a reliable delivery track record.

Sangakkara believes that investor confidence relies entirely on dependable project execution. “Trust is the foundation of everything we do, and we aim to under-promise and over-deliver. For an Indian buyer evaluating Sri Lanka, the island’s natural appeal is already established. The decisive factor is whether the developer will deliver what was promised on schedule and support the property long term. That is the standard we hold ourselves to,” said Sangakkara.

Acquiring property across the Palk Strait is straightforward. Sri Lankan real estate regulations allow foreign nationals to hold full freehold titles on condominiums, provided the funds move through official Inward Investment Accounts (IIA) prior to completion. CPG’s developments, including the 45-unit Mira project on Weligama Bay, operate smoothly within this framework. Furthermore, the company’s standalone villa projects also provide freehold ownership so Indian buyers can secure beachfront land titles outright.

What truly separates these properties from a standard domestic holiday home is the operational model. Every CPG residence is delivered fully furnished and integrated directly into a working resort. Owners gain immediate access to complete hotel amenities alongside a dedicated rental programme that generates commercial yields while the property remains unoccupied. Unlike many standard branded residence schemes that enforce strict blackout dates, CPG allows owners unlimited personal use of their homes throughout the entire year.

This expansion is grounded in a proven portfolio of operating developments. Crystal Sands in Hikkaduwa opened as the south coast’s first fully serviced mid-rise project in May 2022 and completely sold out. Following this success, The Six, a collection of bespoke beachfront villas in Weligama priced at approximately USD 2 million each, sold half its inventory within two weeks of launch. Since opening in December 2023, The Six has maintained a 65 per cent occupancy rate and secured the highest average daily room rates in the country. In the lush central highlands, the Digana development offers wellness residences starting from USD 815,000, and Mira provides elegant suites right on Weligama Bay.

All hospitality operations are managed by The One Group of Hotels (TOGOH), which is CPG’s in-house management arm. This setup ensures continuous property maintenance and steady revenue generation. Reza points to the company’s ability to deliver during volatile market conditions as their most significant credential.

“We built and handed over keys through a currency collapse, a fuel crisis, and severe construction industry disruptions. That track record is the most meaningful credential we can present. Indian buyers have access to luxury options worldwide, so we do not ask them to speculate on macroeconomic conditions. Instead, we show them completed, income-producing properties that they can visit and inspect immediately,” said Reza.

CPG’s entry into the Indian market is naturally bolstered by Sangakkara’s enduring public profile across the subcontinent. His leadership offers a familiar sense of trust, while Reza oversees the operational delivery backed by three completed developments.

The geographic proximity further strengthens the proposition. Direct flights from Chennai, Bengaluru, Mumbai, and Delhi range between one and three and a half hours. This makes a beachfront villa in Sri Lanka quicker to reach from several Indian cities than comparable properties in domestic coastal markets, and it comes at a highly competitive price point.

Ultimately, the investment model removes the typical headaches of overseas real estate. The residences are fully serviced and generate passive income without demanding active management, and financial transactions follow clear statutory guidelines. For an investor looking beyond India’s familiar coastal markets, it presents a seamless transition into international property ownership.

About Crystal Property Group:

Crystal Property Group develops luxury residential and resort real estate across Sri Lanka’s south coast and central highlands. The company is chaired by Kumar Sangakkara and led by Chief Executive Officer Reza Magdon-Ismail. Hospitality operations across its portfolio are managed by its subsidiary, The One Group of Hotels.

According to a regulatory filing, the company has added two societies in Borivali to a redevelopment project and another society to an existing redevelopment project in Chembur.

Together, the three societies will generate a total revenue potential of ₹1,500 crore. Consequently, the latest additions will strengthen Mahindra Lifespace’s residential redevelopment presence across key locations in Mumbai.

Vimalendra Singh, Chief Business Officer, Residential, Mahindra Lifespace Developers Ltd., said, “Mumbai’s redevelopment market gives us an opportunity to grow our residential business in established locations while bringing our strong development track record to projects that meaningfully contribute to neighbourhoods.”

Furthermore, Singh said the three new societies will help the company expand its redevelopment portfolio across Mumbai. The company will continue to leverage redevelopment opportunities in established neighbourhoods as it grows its residential business.

Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, operates as one of India’s prominent real estate developers. The company’s latest Mumbai additions further strengthen its focus on residential redevelopment in established urban markets.

Ahmedabad, September, 2026: Arvind SmartSpaces Limited (ASL), one of India’s leading real estate development companies, part of the Lalbhai group, today announced its newest acquisition of a residential high-rise project on Sarjapur Road, Bengaluru. The project, acquired on a joint development basis, has a total estimated saleable area of ~3.6 lakh sq. ft. and a top-line potential of Rs. 470 Cr, including the partner’s share.

This addition is an extension of our existing project, Arvind Sylva, located on Sarjapur Road in Bengaluru. Sarjapur, situated in the southeastern part of Bengaluru, is one of the rapidly developing neighbourhoods, popularly known for its aesthetic appeal, tranquillity, and lush green surroundings. The location is a very short distance from Outer Ring Road IT hub, the new campus of one of the IT majors of the country, and the proposed metro station with leading hospitals, prominent educational institutions, and recreational options nearby.

This would be ASL’s 11th high-rise project in Bengaluru. Arvind SmartSpaces entered the Bengaluru market in 2013 and has added 16 projects across the city, with 8 projects having already been delivered and 8 in various stages of development.

Commenting on this development, Mr. Priyansh Kapoor, Managing Director and CEO of Arvind SmartSpaces, said, “Bengaluru continues to be a key growth market for us, and this addition in Sarjapur Road further deepens our vertical development portfolio in the city. The strong response to our recent launches around the same location reflects the trust and traction the ‘Arvind’ brand enjoys among homebuyers and landowners alike. With this project, our cumulative new business development top-line potential for FY27 stands at ~Rs. 3,100 Cr, and we remain on track with our growth plans across Gujarat, Bengaluru, and the MMR.”

About Arvind Smartspaces:

Built on ~128+ years legacy of the Lalbhai Group and established in the year 2008, Arvind SmartSpaces is India’s leading real estate development Company headquartered in Ahmedabad. With ~100.5 million square feet of real estate development across the country, the company is focused on delivering real estate solutions that add value to the lives of its customers and is fast emerging as a leading corporate real estate player in the country.

The company has real estate developments across Ahmedabad, Gandhinagar, Baroda, Bengaluru, MMR, and Pune. Backed by the strong brand name of the Arvind Group and the credibility achieved through already delivered projects, the company has plans to continue the strong growth momentum and deliver value to all stakeholders.

For details, please visit

www.arvindsmartspaces.com

For any queries, please contact:

arvind@proseintegrated.com | Kanika – 90049 26043 | Sunidhi – 90046 57160

Click here to view the announcement of Stock Exchange

Located in Vijayanagar 4th Stage, Vega Adonia features 30 premium villa plots across two exclusive phases. The development prioritises spacious movement, landscaped open spaces, pedestrian-friendly pathways, and community areas to create a more considered residential environment.

Speaking about the launch, A.V. Sachin Raju, Director of Finance & Legal, Vega Group, said, “With Vega Adonia, our intention was to move beyond the traditional idea of plotted development and create a community where planning, design, and everyday living come together. Mysuru is evolving rapidly while retaining its character and quality of life, and we believe the city needs developments that respond to this growth without compromising on thoughtful planning. Vega Adonia has been designed around this philosophy, offering residents the flexibility to create their own homes within a carefully planned and low-density community.”

Vega Adonia’s master plan focuses on efficient movement and pedestrian-friendly design. The development includes 9.15-metre and 12-metre driveways, dedicated pedestrian pathways, and landscaped areas throughout the community. Additionally, a premium entrance portal features controlled access, accent paving, curated planting, and green pockets, creating a defined entry experience while maintaining openness across the layout.

The project also provides several lifestyle and community amenities designed to support recreation, wellness, and social interaction. These include a landscaped courtyard, jogging track, pedestrian promenades, children’s play area, meditation corner, senior citizen space, party lawn, barbecue area, skating rink, and multipurpose court.

Furthermore, Vega Adonia incorporates underground utilities and drainage, LED lighting systems, controlled entry, and 24/7 security infrastructure. These features combine the project’s aesthetic elements with the functional requirements of a contemporary residential community while supporting convenience and long-term usability.

Located in Vijayanagar, an established residential zone in Mysuru, the development provides connectivity to key areas of the city, including educational institutions, healthcare facilities, IT parks, and the airport. As Mysuru continues to develop its infrastructure and attract homebuyers and investors, Vega Adonia caters to buyers seeking the flexibility to build a customised home within a professionally planned gated community.

Unlike ready-built homes, plotted developments allow homeowners to decide the design, size, and functionality of their future residences based on their individual requirements. Vega Adonia combines this flexibility with planned infrastructure and community amenities, offering residents greater control over their eventual home design.

In this context, A.V. Nitin Raju, Director of Designs & Development, Vega Group, added, “The idea behind Vega Adonia is rooted in creating lasting value through good planning and design. Every element from the road hierarchy and pedestrian promenades to the landscaped spaces and material palette has been considered to create an environment that feels premium without being excessive. We see this as a development that can grow with its residents and remain relevant for years to come.”

Vega Adonia also reflects Vega Group’s broader development approach, which focuses on balancing design, functionality, sustainability, and long-term usability. The project uses materials including granite, concrete, and modular pavers, while landscaped pockets and pedestrian-oriented planning support a community-focused residential environment.

For homebuyers, the project offers the opportunity to own a plot within a limited-inventory gated community and eventually develop a residence tailored to their lifestyle. Meanwhile, investors can consider the project’s location, planned infrastructure, and limited inventory as factors relevant to its long-term positioning.