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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
Century Real Estate doubles down on integrated townships,...
By Aishwarya Kumar · 2026-05-27 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
Managing Director Ravindra Pai

Managing Director Ravindra Pai

Bengaluru-based realty player Century Real Estate plans to launch 4.1 million sq ft this fiscal, up from 2.3 million sq ft last year, as it sharpens focus on integrated developments and commercial real estate. Managing Director Ravindra Pai said the company’s FY26 sales revenue grew 58 per cent year-on-year to ₹2,845 crore, driven by strong demand across residential and plotted developments.

The company is also expanding its commercial real estate portfolio with projects such as Century Downtown in North Bengaluru, which Pai said is now over 95 per cent occupied, with tenants including Accenture, Hitachi and Kia.

Century is increasingly betting on integrated township-style developments. Its upcoming Century Immencity project in Jakkur will comprise around 10 million sq ft of commercial development along with residential, retail and hospitality components. Century OneWorld, its 135-acre integrated township near the airport corridor, has also witnessed strong traction, with the initial phase selling out rapidly.

Pai said North Bengaluru continues to remain the company’s primary focus, particularly along the Hebbal-airport corridor, where it owns significant land parcels. The developer is also planning a low-rise integrated project in Mysuru on a 40-acre land parcel.

Currently, Century has active development spanning 5.25 million sq ft in residential projects, 1.70 million sq ft in plotted developments, and 4.66 million sq ft in commercial real estate.

“We are in a good bull run for the next three to four years. Developers, however, need to be careful about mapping the right demand and product mix,” Pai said.

Published on May 27, 2026