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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
Delhi-NCR to get its first W, the disruptive modern luxur...
Chitra Narayanan · 2026-06-17 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

The Capital will soon get its first W hotel, the disruptive modern luxury lifestyle brand of Marriot International. Dharampal Satyapal (DS) Group, the makers of Catch Spices and Pulse candy, are bringing the high-energy hotel brand to Delhi NCR, remodeling a brownfield property near the Indira Gandhi International Airport to the avant garde style of W.

The 200-room hotel in which DS Group is investing an estimated ₹400 crore is scheduled to open in the second half of 2027.  

For DS Group, this investment is one step forward in its ambitious plans to double its hospitality inventory in the next few years. The group which forayed into hospitality 25 years ago by acquiring the Manu Maharani in Nainital (now rebranded to Namah), and has six properties currently, plans to invest ₹1,000 crore to expand its footprint in the sector. Said Mr Rajiv Kumar, Vice Chairman DS Group, “From our current 900 keys we plan to scale up to 2,000 keys by 2029.” 

As a strategy, he said, “we obviously will look towards quicker to market”, so last mile brownfield projects typically will be in the group’s radar. The upcoming W in Delhi-NCR is conversion of the Uppal’s Orchid, a 5-star hotel on NH8.

According to Rajiv Kumar, the hotel sector is on a growth curve in India and there is a significant demand-supply mismatch in the premium segment. “With approximately 0.27 hotel keys per 1,000 people compared to the global average of 2.2, India’s hotel penetration rate is roughly one-tenth of the global standard.”

He said that W, with its distinctive design-led style and vibe, will bring refreshing differences to the premium hospitality experience in the Capital. For instance, instead of the traditional Food & Beverage focus, W will be led by a Beverage & Food focus, creating iconic bars, including one on the rooftop. This will be only the second W in India — the first being in Goa.

Nathan Andrews, Business Head, Hospitality, DS Group, said, “This project is a significant step for the DS Group as we expand our hospitality footprint with a target of 10–12 hotels by FY29. By bringing the iconic W Hotels brand to Delhi NCR, we are setting a new benchmark for design-led luxury, project in one of India’s most competitive markets. The Aerocity area continues to demonstrate exceptional demand and RevPAR growth, making it the ideal location for a globally recognized brand that combines unmatched connectivity with long-term value for Delhi NCR.”

He said the location, near the upcoming Kiran Nadar Museum and good access from both Delhi and Gurgaon will work to the hotel’s advantage. “It’s a strategic location and we are sure it will become a hub for all party goers from both Delhi and Gurgaon,” he said.

For Marriott, the world’s largest hospitality player, which is on an aggressive expansion spree in India, and racing to set up 500 hotels by 2030, the launch of the W brand to the capital city is important. As Kiran Andicot, Senior Vice President, South Asia, Marriott International said, “The signing of our first W Hotels in Delhi NCR is set to introduce a bold new expression of luxury to this dynamic, high-energy market.” 

DS Group’s existing portfolio includes six operational properties across key markets, including Namah Nainital, Namah Jim Corbett, Radisson Blu Guwahati, Intercontinental Jaipur, Renaissance Bengaluru and Holiday Inn Express, Kolkata. 

Published on June 17, 2026