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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
DDA’s mega e-auction fetches Rs 1,321 crore from 142 land...
By PTI · 2026-06-10 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
The auction included residential, commercial, industrial and institutional properties, with the DDA highlighting its transparent, technology-enabled platform that ensured competitive bidding and efficient price discovery.

The auction included residential, commercial, industrial and institutional properties, with the DDA highlighting its transparent, technology-enabled platform that ensured competitive bidding and efficient price discovery.

The Delhi Development Authority (DDA) has auctioned 142 properties amassing Rs 1,321 crore in revenue, officials said on Wednesday.

Under its mega e-auction of land and property assets, the DDA witnessed participation from investors, institutions, businesses and achieved strong value realisation through competitive bidding.

“The e-auction achieved a total highest bid value of Rs 1,321.21 crores against a cumulative reserve price of Rs 480.38 crores, realising nearly three times the reserve value and generating a premium of approximately 175 per cent over the aggregate reserve price,” a statement said.

Focus on Delhi’s transformation and investment growth

Ever since taking over, Lieutenant Governor G Taranjit Singh Sandhu has been focussing on developing the capital as a global city that evolves on the principles of clean sustainable investment, world-class housing and opportunities for re-establishment of Delhi as a financial hub, the statement said.

According to DDA, the e-auction offered 142 properties and land assets across Delhi, including residential, commercial, industrial and institutional plots and others on licence fee-based assets located in various parts of the city.

Digital platform ensured transparent bidding

“Conducted through DDA’s transparent and technology-enabled digital platform, the e-auction ensured fair competition and efficient price discovery while providing opportunities for a wide range of stakeholders,” the statement said.

Published on June 10, 2026