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Bengaluru, Mumbai, Delhi NCR: A tale of three housing markets
Bengaluru's housing market shows strong growth fueled by its expanding technology sector. Mumbai remains India's largest residential market, absorbing new supply effectively. Delhi-NCR faces a slowdown as premium homes dominate its available inventory. These contrasting trends indicate future property cycles will depend on job and investment growth. Infrastructure development is increasingly shaping buyer decisions across these key cities.
South-based developers step up Mumbai play amid strong housing demand
Several large South Indian real estate developers are now entering Mumbai's property market. They are strategically focusing on redevelopment projects and joint development agreements. This approach offers a capital-efficient entry into India's most expensive housing market. Mumbai's sustained housing demand and redevelopment opportunities attract these new entrants. The trend is intensifying competition in the city's premium and mid-income housing segments.
Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone
Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and battery storage, underscores its pivotal role in accelerating the nation's clean energy transition and bolstering energy security.
Prestige unveils convention centre in Bengaluru Airport City
Prestige Group, in partnership with Bengaluru Airport City (BACL), today announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.
Gurugram set to get India's tallest building
India's tallest building is set to rise in Gurugram's upcoming Global City. A 6.7-acre plot has been earmarked for a 620-700 metre mixed-use tower. The Haryana government has consulted developers for this ambitious project near the Dwarka Expressway. This development promises a significant new landmark in the region.
Prestige Estates records 112% rise in FY26 net profit at Rs 1,311.9 crore
Prestige Estates Projects achieved its highest-ever annual revenue and profit in FY26, driven by strong housing demand and project execution. The company reported a net profit of Rs 1,311.9 crore and revenue of Rs 13,195.5 crore, with sales bookings reaching Rs 30,024.5 crore. This landmark year reflects sustained buyer demand and robust cash flow generation across its diverse property portfolio.