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Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR Listed realty firms tighten grip on land deals as market consolidates in FY26 Concorde leases 1.4 lakh sq ft to BHIVE at Bengaluru’s Econex Ramky Estates takes over ₹2,000-crore stressed residential projects from Skylark Builders in Bengaluru Brigade, Bain Capital to develop ₹2,200 crore mixed-use project in Bengaluru Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp Strong leasing boosts Mindspace REIT’s Q4 performance Embassy REIT eyes 10–12 msf acquisitions; demand tailwinds support growth MICL Group acquires 2 projects in South Mumbai with sales potential of ₹2,000 cr Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand Maharashtra amends sand policy, deploys flying squads to curb illegal mining DRA partners with California-based Slate AI for AI-led construction management GIFT City to expand its area by 15%; over 161 acres to be added Real estate shifts to delivery-led growth as RERA tightens norms: NBR Group Meghna Infracon to invest ₹500 cr on five redevelopment projects in Mumbai region Domestic capital drives 76% of India's real estate investment, foreign inflows stay muted: Report Nvidia inks 10-year lease for 7.6 lakh sq ft office space in Bengaluru Office market shines in Jan-Mar despite global headwinds; net leasing up 7% in top 7cities: JLL Mehul H Doshi assumes charge as president of CREDAI Chennai for 2026–2028 Sales of affordable homes down 23% in Jan-Mar to 16,273 units in top 8 cities: Knight Frank India real estate demand remains stable in Q1 despite launch slowdown: Equirus Lodha Developers bets on data centres and low leverage as it targets sustained growth after record FY26 Real estate deals down 63% to $763 mn in Jan-Mar against Dec quarter: Report Chalet Hotels acquires Udaipur resort for ₹171 crore Bengaluru’s next real estate boom to be driven by expansion of metro lines Sunteck Realty Q4 pre-sales rise 22% to ₹1,064 cr Capital inflows in Indian real estate rise 72% to record $5.1 billion in Jan-Mar: CBRE Table Space adds 4.25 lakh sqft in Mumbai, Pune Asset Homes charts road map for FY27; to launch 28 projects
Micro Mitti to invest ₹300 crore in commercial project in...
PTI · 2026-05-11 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Realty firm Micro Mitti will invest ₹300 crore to develop a commercial project in Indore as part of its expansion plan.

In a statement on Monday, the company said it has launched a commercial project, 'Cybercity by Micro Mitti', which is spread over a 2.3-acre land parcel.

The project will have a total leasable area of 4.48 lakh sq ft, primarily comprising office spaces with complementary retail spaces.

The construction of this project is underway and is expected to be completed by April 2029.

Manoj Dhanotiya, Founder and CEO, Micro Mitti, said, "We are witnessing a structural shift where global companies are actively looking beyond metro cities, and Tier II cities like Indore are emerging as serious contenders."

In this upcoming project, he said the company will cater to GCCs (Global Capability Centres) and AI-led enterprises.

"Our Rs 300-crore investment reflects our long-term belief that Indore can evolve into one of India's most competitive destinations for global capability centres and technology-driven growth," Dhanotiya added.

Established in 2023, Micro Mitti has so far launched three projects across plotted developments, premium bungalow-styled residential flats and commercial real estate.

Published on May 11, 2026