HOSPITALITY Embassy Developments Hits ₹868 Cr Q1 Pre-Sales, Keeps ₹8,000-Cr Goal

Embassy Developments Ltd has started FY27 on a strong note, with pre-sales in the first quarter surging 338% year-on-year to approximately ₹868 crore, backed by sustained demand for its residential projects. Collections during Q1 FY27 grew 54% to approximately ₹496 crore, according to Aditya Virwani, Managing Director & Promoter, Embassy Developments. “We have started FY27 […]

CW Bureau · Aug 10, 2026

HOSPITALITY Leela Palaces Proposes To Invest ₹185 Cr In Ayodhya Hotel Subsidiary

Leela Palaces Hotels & Resorts Ltd has proposed to invest up to ₹185 crore in its subsidiary Buildminds Real Estate Pvt Ltd through subscription to Compulsorily Convertible Preference Shares (CCPS). Buildminds, incorporated on April 23, 2024, is developing an upcoming five-star hotel in Ayodhya. The investment will support its capital requirements and ongoing business operations. […]

CW Bureau · Aug 10, 2026

HOSPITALITY Mahindra Group Sharpens Focus On Holidays, Lifespaces To Boost Growth

Mahindra Group has announced a dedicated strategic focus on its Holidays and Lifespaces sectors, aimed at accelerating growth and unlocking operational synergies between the two businesses. The move comes as the group seeks to build on the strong performance of its “Growth Gems” over the past five years. Several businesses identified under this portfolio have […]

CW Bureau · Aug 10, 2026

GENERAL APAC Real Estate Investments Hit $105 Bn In H1, Strongest Since 2022

Asia Pacific’s real estate market posted its strongest first half since 2022, with investment activity rising to U$105 billion in H1 2026, driven by the return of cross-border capital and broad-based investor interest across markets and asset classes. According to Colliers’ Asia Pacific Capital Markets Snapshot H1 2026, the rebound reflects renewed confidence in the […]

CW Bureau · Aug 7, 2026

GENERAL Vedanta To Demerge Surplus Real Estate Assets Into Separate Company

Vedanta Ltd, India’s largest diversified natural resources company, has announced plans to demerge its surplus real estate assets into a separate entity, Vedanta Property Platforms Ltd (VPPL), to unlock value for shareholders. The proposed demerger comes within three months of Vedanta completing its five-way restructuring, which resulted in the listing of four new independent entities […]

CW Bureau · Jul 30, 2026

HOSPITALITY Brigade Group Buys 2-Acre For ₹400-Cr Housing Project In S. Bengaluru

Leading Bengaluru-based realty developer Brigade Group has acquired a two-acre land parcel on Kanakapura Road in South Bengaluru, where it plans to develop a premium residential project with an estimated gross development value (GDV) of around ₹400 crore. The project will come up on one of South Bengaluru’s fastest-growing residential corridors and will offer homes […]

CW Bureau · Jul 30, 2026

HOSPITALITY Prestige Group Partners To Develop ₹6,000-Cr Housing Project In Thane

Realty developer Prestige Group has entered into a strategic partnership to develop a landmark residential project in Thane with an estimated gross development value (GDV) of ₹6,000 crore. Spread across 14.6 acres, the project will have a developable potential of over 5 million sq. ft., making it one of the largest residential developments in the […]

CW Bureau · Jul 30, 2026

HOSPITALITY Kesar India Acquires Commercial Office Space In Ameerpet, Hyderabad

Kesar India Ltd, through its wholly owned subsidiary Kesar Infraventures Pvt Ltd, has acquired a premium commercial office property in Ameerpet, Hyderabad as part of its expansion strategy in South India. The acquisition strengthens the company’s commercial real estate portfolio and supports its long-term growth plans. Property details The acquired asset comprises office space on […]

CW Team · Jul 25, 2026

HOSPITALITY Brigade Group Targets Long-Term Growth With AI & Expansion Strategy

Brigade Enterprises Ltd, a leading real estate developer, is accelerating investments in artificial intelligence, technology and new project launches as it prepares for the next phase of growth across key markets. The company said the objective is to use technology to serve customers more precisely and build a sharper, more responsive organisation. AI-led transformation “Artificial […]

CW Bureau · Jul 22, 2026

HOSPITALITY Brigade Group Launches ₹300-Cr Premium Housing Project In Mysuru

Brigade Group, a leading real estate developer, has launched Brigade Misty Greens, a premium residential project in Mysuru through a Joint Development Agreement, with a projected revenue potential of more than ₹300 crore. Spread across 4.5 acres, the project comprises three- and four-bedroom apartments along with 14 exclusive duplex units, targeting homebuyers and long-term investors […]

CW Bureau · Jul 21, 2026

HOSPITALITY ITC Hotels To Acquire 130-Key Welcomhotel Ahmedabad For ₹155 Cr

ITC Hotels Ltd has signed a definitive agreement to acquire 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns the 130-key Welcomhotel Ahmedabad. The acquisition will be completed at an enterprise value of ₹155 crore on a debt-free and cash-free basis through a combination of primary subscription and secondary purchase of GHK’s equity […]

CW Bureau · Jul 16, 2026

HOSPITALITY Aurum PropTech To Acquire Housing.com In ₹458-Cr Equity Deal

Aurum PropTech Ltd has proposed to acquire 100% stake in Housing.com for ₹458 crore on a fully diluted basis from REA India Pte Ltd, Singapore. The acquisition will be carried out through an all-equity transaction and is aimed at creating an integrated PropTech platform spanning the entire real estate value chain. All-equity transaction Aurum PropTech […]

CW Bureau · Jul 16, 2026