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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
CCI Projects offloads 60% of Skyleap project inventory in...
By BL Mumbai Bureau · 2026-05-22 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

In a sign of sustained demand of premium housing projects, CCI Projects-promoted Rivali Park 2’s Skyleap has sold 60 per cent or 2 lakh sq ft of its inventory within six months of its launch at Borivali in the outskirts of Mumbai.

The 53-storey premium residential tower is part of the 6-acre gated community, Rivali Park 2, located along the Western Express Highway in Borivali. The tower spans 3.65 lakh sq ft and offers residences ranging from 810 sq ft to 2,350 sq ft.

Skyleap involves an investment of ₹700 crore and it is projected to generate revenues of over Rs 1,250 crore.

Residents will have access to 65,000 sq ft of amenities crafted to foster community living. It has a 15,000 sq ft rooftop clubhouse perched 500 feet high.

Rohan Khatau, Director, CCI Projects, said the early sales momentum reflects buyer expectations in Mumbai have evolved, with home seekers now prioritising lifestyle-led living over only carpet areas or pricing.

“Skyleap’s 60 per cent inventory sold so far on the back of rising demand for premium homes,” he said.

Khatau added that the premium segment is being driven by a more informed buyer profile, one that evaluates projects on a wider set of parameters.

This rise in demand is also being supported by changing preferences, as more families prioritise holistic wellness environments, better infrastructure access, and the overall community in a development. Projects that are able to deliver on these expectations are increasingly seeing faster decision-making and quicker conversion.

Beyond end-use demand, real estate is also being seen as a tangible asset class that offers stability and long-term value creation. With buyers increasingly seeking projects that combine lifestyle appeal with future potential, those positioned correctly are seeing sustained interest.

Published on May 22, 2026