The company stated that it will develop the integrated project across approximately 2 million sq ft, combining Grade A office space with a five-star hotel that an international hospitality brand will operate. Moreover, the partners will execute the development through a 50:50 joint venture on an 11-acre land parcel along ITPL Main Road, adjacent to the Whitefield Metro Station, thereby enhancing connectivity and accessibility.

Furthermore, Brigade Group emphasized that Whitefield continues to rank among Bengaluru’s most sought-after commercial corridors, driven by a strong presence of global technology companies and Fortune 500 occupiers. Consequently, the project aims to address the growing demand for premium office spaces, commercial real estate, and hospitality infrastructure in Bengaluru’s expanding technology corridors.

Nirupa Shankar, Joint Managing Director at Brigade Group, said the partnership reflects increasing institutional confidence in Indian real estate, particularly in high-quality commercial and hospitality assets. She added that the collaboration will strengthen Brigade’s market presence while optimizing capital efficiency through global partnerships.

“We are constantly on the lookout for opportunities to strengthen the Brigade footprint in key markets that we operate in. This resultant partnership demonstrates our strategic focus to aggressively expand our portfolio through institutional collaborations. By leveraging the financial strength of a fund managed by Bain Capital and our deep-rooted development expertise, we are optimizing our capital structure to accelerate high-value developments. This project is set to become a landmark development in the city’s urban landscape,” she said.

Meanwhile, Sarit Chopra, partner at Bain Capital, highlighted Whitefield’s strong long-term fundamentals, supported by consistent occupier demand, infrastructure growth, and limited supply of high-quality developments. “We are pleased to partner with Brigade Group, one of India’s leading developers, on a high-quality development that brings together premium office and hospitality in a supply-constrained location.”

In addition, Brigade Group has continued to expand aggressively across residential, commercial, and industrial real estate segments. On April 15, the company signed a joint development agreement (JDA) for an 8.63-acre land parcel in Gunjur to build a 39-acre integrated residential township. The company plans this large-scale development along the Whitefield–Sarjapur Road corridor, with an estimated gross development value (GDV) of ₹7,200 crore. The township will include multi-generational housing options, senior living spaces, and integrated lifestyle amenities.

Earlier, Brigade Group launched Brigade Belvedere, a 10.75-acre residential project in East Bengaluru, with an estimated revenue potential of over ₹1,100 crore. Located on Budigere Main Road, off Old Madras Road, the development will offer 1, 2, and 3 BHK units, with sizes ranging from 715 sq ft to over 2,013 sq ft. The initial phase includes two of the five planned towers, comprising 773 residential units.

Additionally, the company has entered the industrial real estate segment with the launch of Brigade Industrial Park, a 25-acre development in Devanahalli in North Bengaluru. The project will cater to high-growth sectors such as aerospace and defense, IT/ITES, and data centers, thereby diversifying Brigade’s portfolio.

Moreover, Brigade Group has partnered with Primus Senior Living to develop three senior living communities across Bengaluru and other South Indian markets. The company expects the portfolio to exceed 600 units, significantly expanding its senior living platform. At the same time, Brigade has collaborated with Hyatt to strengthen its hospitality footprint through two new projects: a beachfront luxury hotel in Chennai and serviced apartments in Bengaluru’s airport corridor.

Brigade Group’s partnership with Bain Capital marks a significant step in scaling premium real estate development in Bengaluru. As demand for Grade A office spaces, luxury hospitality, and integrated townships continues to grow, such strategic collaborations will play a crucial role in shaping India’s urban infrastructure and real estate investment landscape.

The sector has recorded its highest-ever quarterly investment, with developers leading the inflows, followed closely by Real Estate Investment Trusts (REITs). Furthermore, investments increased 53% quarter-on-quarter from $3.3 billion in Q4 2025, thereby reinforcing sustained momentum and strong institutional participation in India’s property sector.

“India’s record investment inflows underscore the strong confidence of domestic investors and institutional players in the country’s real estate growth story,” said Anshuman Magazine, Chairman and CEO – India, South-East Asia, Middle East & Africa, CBRE, while adding that despite global macroeconomic challenges, India’s resilient economic framework continues to attract deep pools of capital. The sharp rise in REIT activity also reflects a maturing market increasingly focused on institutionalised, yield-generating assets, he said.

During the quarter, built-up office assets and land or development site acquisitions drove the majority of investments, together accounting for over 90% of total equity inflows. As a result, these segments emerged as key growth drivers within the real estate investment landscape.

Domestic investors, particularly developers, dominated the market and contributed 96% of the total inflows. Developers accounted for 42% of the investments, while REITs contributed nearly 40%, thereby showcasing strong domestic capital participation alongside institutional investment vehicles.

Notably, REIT investments crossed $2 billion during the quarter, marking a significant multi-fold increase compared to the previous quarter and forming a substantial portion of overall investments. At the same time, investors allocated a considerable share of capital toward land acquisitions. More than 73% of the funds directed toward site purchases flowed into mixed-use and residential developments, while the remaining investments supported office, warehousing, and hospitality projects.

Gaurav Kumar, Managing Director and Co-Head, Capital Markets, India, CBRE, said investors continue to prefer high-quality office assets, backed by strong domestic institutional participation and foreign capital, particularly through REITs. He said that rising site acquisitions for mixed-use and residential developments highlight a resilient market outlook. Going forward, investment activity is expected to balance income-generating assets with higher-growth opportunities.

Geographically, Bengaluru, Mumbai, and Delhi-NCR collectively accounted for nearly 65% of the total investment activity during the quarter, thereby emerging as key hubs for real estate growth and capital inflows.

Among international investors, Singapore contributed approximately 72% of overseas investments, while Canada accounted for around 27%, highlighting continued global interest in India’s real estate sector. Additionally, the residential segment maintained strong momentum, supported by the launch of new investment and development platforms worth approximately $234 million during the quarter, alongside the primary inflows of $5.1 billion.

In a strategic move, Prestige Estates Projects Ltd has completed the acquisition of a 50 percent partnership stake in Aaramnagar Realty LLP, thereby strengthening its footprint in Mumbai. The company finalized the transaction on April 9, 2026, securing equal ownership in the entity formed to execute a real estate development project in Versova. As a result, the deal signals a calculated entry into high-growth micro-markets within the city.

Moreover, as part of the acquisition, Prestige infused Rs 180 crore into the LLP through a mix of capital and current account contributions. This investment clearly demonstrates the company’s intent to fund the project from an early stage. At the same time, the structure enables Prestige to actively participate in execution while sharing operational responsibilities with its partner, ensuring balanced risk and control.

The primary objective behind acquiring the stake is to develop a residential project in Versova, a well-established and sought-after locality in Mumbai. As noted in the annexure on page 2, Aaramnagar Realty LLP operates in the real estate development sector and was incorporated in 2018. Despite reporting nil turnover over the past three years, the entity serves as a dedicated vehicle for this upcoming development, thereby aligning with Prestige’s targeted expansion strategy.

Importantly, the transaction does not qualify as a related party deal, and the company has confirmed that its promoters or promoter group hold no direct interest in the LLP. Consequently, this ensures a transparent ownership structure and simplifies governance. In addition, the absence of regulatory approval requirements enabled a seamless and timely completion of the acquisition.

Overall, Prestige Estates’ latest investment underscores its strategy of channeling capital into high-potential real estate opportunities across key urban markets.

Prestige Estates is not only expanding its presence in Mumbai but also strengthening its position in the premium housing market through disciplined capital deployment and strategic collaborations, which could drive sustained value creation in the coming years.

Moreover, the introduction of Small and Medium REITs (SM REITs) in 2025 has significantly expanded market access through fractional ownership. As a result, the segment has unlocked a potential monetisation opportunity of ₹670–710 billion. At the same time, Indian REITs have delivered nearly 9% five-year price returns, outperforming several Asian peers while maintaining stable distribution yields of 5–6%.

In addition, operational performance remains robust, with portfolio occupancy levels consistently exceeding 90%. Global tenants across sectors such as technology, BFSI, and consulting drive this strong demand. Furthermore, REITs accounted for over 20% of office leasing in Q2 FY26, supported by healthy re-leasing spreads and steady rental growth.

Since listing, REITs have delivered returns ranging from 12% to over 60%, alongside consistent income distributions. Consequently, tax efficiency continues to enhance their appeal among investors. Regulations mandate the distribution of at least 90% of net cash flows, while more than 65% of these distributions remain tax-exempt, thereby improving post-tax returns.

Looking ahead, the sector holds significant growth potential, with only 32% of REIT-worthy assets currently listed. Additionally, expansion into emerging segments such as logistics, data centres, healthcare, and residential real estate expects to further strengthen the investment landscape.

Notably, the Securities and Exchange Board of India introduced REITs in 2014 to formalise real estate investments by improving liquidity and enabling portfolio diversification. Currently, India has five listed REITs managing over 176 million sq. ft. of space, reflecting steady expansion supported by institutional capital and policy reforms.

Meanwhile, EXCELERATE 2026 brought together global and domestic stakeholders to discuss investment strategies, emerging asset classes, and the future of real estate financing in India. As a result, the event reinforced the sector’s growing role as a global investment destination.

India’s REIT market is entering a high-growth phase, with regulatory clarity, strong asset performance, and increasing investor participation driving this momentum. As new segments open up and accessibility improves, REITs will play a pivotal role in shaping the future of real estate investment in India.

Notably, the company announced this expansion during a recent press meet held in Hyderabad, thereby marking a major milestone in Poulomi Estates’ growth journey as it moves beyond Telangana to establish a long-term presence in one of India’s most dynamic and opportunity-rich urban markets.

Meanwhile, Bengaluru continues to rank among India’s most resilient and forward-looking residential real estate destinations, supported by a strong technology ecosystem, steady employment generation, and sustained infrastructure investment. In addition, the city has witnessed a clear evolution in homebuyer preferences in recent years, as buyers increasingly prioritise larger, well-planned homes that emphasise liveability, sustainability, and long-term value rather than short-term pricing advantages.

At the same time, North Bengaluru—and particularly the Thanisandra corridor—has rapidly emerged as a high-growth residential micro-market. Its proximity to established employment hubs such as Bhartiya Centre of Information Technology and Manyata Tech Park has driven this growth, while improving arterial road connectivity, upcoming metro infrastructure, and a rapidly developing social ecosystem comprising schools, healthcare facilities, and retail destinations have further strengthened the area’s appeal.

Commenting on the expansion, Prashanth Rao, Managing Director of Poulomi Estates, said, “Our entry into Bengaluru is the result of years of evaluation and planning. We see this market not as a short-term opportunity, but as a city where Poulomi can create enduring residential landmarks. Florique reflects our belief that real estate development must be rooted in integrity, thoughtful planning, and a clear understanding of how people want to live today and in the future.”

Furthermore, Poulomi Estates has envisioned Poulomi Florique as a nature-integrated premium high-rise residential community spread across approximately 8.66 acres, designed to deliver a calm and balanced living environment within an urban context. The project will feature exclusively planned 3 BHK residences that cater to modern professionals and families seeking larger, more functional homes.

Additionally, the development team has designed the layouts to maximise natural light, enhance cross ventilation, and optimise spatial efficiency. As a result, the homes aim to deliver greater comfort, privacy, and flexibility while supporting evolving lifestyle needs over the long term.

With the launch of Poulomi Florique, Poulomi Estates signals a strategic and carefully considered expansion into Bengaluru, reinforcing its commitment to building thoughtfully planned residential communities that align with changing urban lifestyles. As the company establishes its footprint in North Bengaluru, it aims to create enduring residential landmarks that combine quality, sustainability, and long-term value in one of India’s most promising real estate markets.

In its first phase, Trident Parktown will introduce over 400 residential plots starting at 200 sq. yds., while also offering a well-balanced mix of independent floors, group housing, and retail and commercial spaces. Moreover, the developer has envisioned the township as a wellness-focused community that seamlessly blends luxury, leisure, and modern living within a nature-led environment.

Drawing inspiration from the seven chakras of human life, the township features thoughtfully themed neighbourhoods articulated through landscaped vistas and curated green spaces. Consequently, residents will benefit from 10 theme-based parks, tree-lined promenades, children’s play areas, shaded sit-outs, and pedestrian-friendly walkways that actively promote outdoor engagement and mindful living.

Furthermore, the project integrates dedicated active zones with sports courts, a 2.25 km cycling track, and open-air fitness areas, while social zones include community lawns, amphitheatres, and interactive plazas. In addition, wellness retreats offer meditation pods, reflexology pathways, yoga lawns, sensory gardens, and forest trails, thereby delivering a holistic lifestyle ecosystem.

Mr. S.K. Narvar, Group Chairman, Trident Realty, said, “Trident Parktown reflects our vision of building communities shaped by thought, balance, and purpose. Panipat’s evolving urban landscape offered the ideal canvas for a township that nurtures not just homes, but a way of life rooted in harmony and long-term value.”

Adding to this, Mr. Parvinder Singh, CEO, Trident Realty, said, “Every detail of Trident Parktown has been meticulously planned—from road widths and layouts to landscape design and amenity integration. Positioned strategically on NH-44, the township offers connectivity, open spaces, and premium infrastructure, making it a truly future-ready address for modern homebuyers.”

Additionally, the township plans to feature an ultra-modern clubhouse that will serve as a dynamic social nucleus by combining leisure, wellness, dining, and hospitality experiences under one roof.

Situated strategically between Delhi and Chandigarh, Panipat continues to emerge as a well-connected residential destination, supported by accelerating infrastructure development and seamless connectivity via NH-44. Accordingly, with its large-scale vision, integrated master planning, and wellness-driven design philosophy, Trident Parktown aims to redefine premium urban living in Panipat.

Moreover, the company secured the land along the Noida Expressway through an auction for ₹414 crore, and it expects the project’s estimated sale value to exceed ₹3,000 crore. Ashish Jerath, president of sales and marketing at Smartworld Developers, said, “Entry into Noida is a significant milestone for Smartworld Developers as we further strengthen our presence in the NCR region. Noida’s rapidly evolving infrastructure and its growing importance as a key real estate hub offer immense potential.”

He added, “Approvals are under process, and we are hopeful of launching the project within a month.”

Additionally, the company stated that the project’s total development cost, including land and construction, stands at about ₹2,000 crore, while its estimated topline is expected to reach around ₹3,000 crore.

Smartworld is also in advanced discussions with a leading global hospitality and lifestyle brand to collaborate on the project, aiming to bring a world-class branded residence experience to Noida. A formal announcement will follow soon. Jerath pointed out that Noida has transformed from being seen as Gurugram’s “poor cousin” to becoming an emerging luxury hub, driven by strong infrastructure, the upcoming Noida International Airport, and growing demand from Southeast and East Delhi. While Gurugram attracts inward migration from West, North, and South Delhi because of its job market and high-rise culture, Noida continues to draw organic demand from affluent business families and professionals in its feeder markets.

Furthermore, Smartworld recognizes deep, unmet demand for premium housing in Noida in the ₹8–10 crore category, where prices range between ₹25,000 and ₹35,000 per sq ft. The Sector 98 project launch soon and reach completion in about four years.

The company also observes a wider shift among younger homebuyers, who increasingly choose fully managed luxury apartments over standalone floors in Delhi—a trend Smartworld believes will further support demand for its Noida development. Smartworld’s entry into Noida comes through a strategic land acquisition via auction, securing a prime 24,000 sq. m. (≈6-acre) corner parcel in Sector 98 along the Noida Expressway for ₹414 crore. The mixed-use zoning, which permits both independent retail and residential, along with the corner-plot positioning, significantly enhances the site’s appeal. The project is currently in the final stages of approval.

Additionally, Smartworld has already established a strong presence in Gurugram, especially along the high-growth Golf Course Road Extension, with projects such as Smartworld Orchard, Smartworld Gems, Smartworld The Edition, Smartworld Sky Arc, and the recently launched Trump Residences Gurgaon. Its first international branded collaboration, Trump Residences Gurgaon, sold out completely within hours of launch. The company has also expanded along the Dwarka Expressway with Smartworld One DXP, an ultra-luxury residential project.

DBS Bank India acted as the sole advisor and green loan coordinator for the transaction, and the bank structured the financing to support projects that offer clear environmental benefits. Tata Realty’s special purpose vehicle (SPV) has taken the loan facility, developed the commercial project ‘Intellion Park’ in Gurugram, and built this Grade A office campus with 2.1 million sq ft of office space.

The company deploys the funds toward certified green assets that meet globally recognized sustainability standards, and moreover, this move reinforces its commitment to eco-friendly construction.

Santanu Mitra, Head of Large Corporate Banking at DBS Bank India, said, “Real estate and infrastructure is a key focus for DBS Bank India, and we have supported several innovative, sustainable projects being developed across the country.”

Sanjay Dutt, CEO of Tata Realty & Infrastructure Ltd., said the loan facility highlights the Tata Group’s legacy of social and environmental responsibility and arrives at a time when India’s commercial real estate market and the GCC ecosystem continue to expand.

Tata Realty and Infrastructure Ltd, a wholly owned subsidiary of Tata Sons, holds a 19.6 million sq ft commercial portfolio under the Intellion brand, and the portfolio includes 9.4 million sq ft of operational Grade A office spaces along with 10.2 million sq ft under development. Additionally, Tata Realty’s residential arm, Tata Housing, manages more than 34 projects across major Indian cities and the Maldives, and it continues to add new developments to its pipeline.

With this transaction, NBCC’s cumulative collections from the bulk sale of residential units across various Amrapali project auctions have crossed Rs 10,000 crore.

In May 2025, AU Real Estate also acquired the selling rights for Aspire Silicon City for Rs 1,467.93 crore.

Following the latest acquisition, AU Real Estate has launched Aspire Leisure Valley in Greater Noida West, offering the project at an introductory price of Rs 7,979 per sq. ft.

“At Leisure Valley, focus is on elevating everyday living,” said Ashish Agarwal, Director, AU Real Estate.

Aspire Leisure Valley is part of NBCC Leisure Valley, located in Techzone IV, Greater Noida West, just a minute from D-Mart and around ten minutes from Central Noida. The project includes residential towers featuring 3BHK homes measuring 2,176 sq. ft. and 2,188 sq. ft.

The development benefits from strong connectivity through the Noida–Greater Noida Link Road and NH-24, while offering easy access to Sector 51 Metro Station (Aqua Line), the upcoming Gaur Chowk metro station, Ghaziabad Railway Station, IGI Airport, and the upcoming Noida International Airport in Jewar. The area’s retail, healthcare, and educational infrastructure further enhances its appeal.

NBCC is responsible for delivering more than 41,000 sold and 5,000 unsold units across over 20 stalled Amrapali projects, totaling around 46,000 homes.

NBCC has appointed construction partners for all impacted sites, and work is underway across every project.

The latest bulk sale further strengthens NBCC’s progress in reviving stalled Amrapali projects and underscores the growing confidence of developers like AU Real Estate in the region’s potential. As connectivity, infrastructure, and demand continue to improve, Greater Noida’s real estate market is poised for sustained growth, making these developments increasingly attractive to homebuyers and investors alike.

In a regulatory filing on Saturday, the company revealed that its subsidiary, Anant Raj Cloud Pvt Ltd (ARCPL), has signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to develop data center infrastructure along with an IT park in the state. Additionally, the investment will focus on data centre and cloud service development.

According to the company, the MoU aims to enable the creation of a data centre–IT park within a defined timeline.

“ARCPL will make a direct investment of approximately Rs 4,500 crore, to be executed in two phases,” Anant Raj said. The agreement outlines a phased investment approach for the development of the integrated facility.

The project will create around 8,500 direct jobs and 7,500 indirect jobs. APEDB will actively support the project’s execution by coordinating with central authorities, while limiting its role to promoting and enabling investments in the state.

Nara Lokesh, Andhra Pradesh’s Minister for Information Technology, Electronics & Communications, witnessed the formalization of the MoU on Friday.

This planned investment comes in addition to the company’s 307 MW of data centre capacity currently under development. At present, Anant Raj operates 28 MW of IT load at its Manesar and Panchkula campuses and is targeting a total capacity of 307 MW by 2031–32 across Manesar, Panchkula, and Rai in Haryana.

In June 2024, Anant Raj partnered with Orange Business, a French IT and telecom services company, to provide managed cloud services in India, further strengthening its technological capabilities.

The company also reiterated that it is on track to reach an installed IT load capacity of 117 MW by FY28. Established in 1969, Anant Raj has completed 9.96 million sq ft of residential and commercial development and owns nearly 320 acres of debt-free land in the Delhi-NCR region.

For the first half of FY26, Anant Raj reported ₹1,223.20 crore in revenue and ₹264.08 crore in profit after tax, further demonstrating its strong financial performance.