Real Estate News

Construction

Godrej Properties awards ₹11 billion construction contract to Tata projects for three Gurgaon luxury towers

Godrej Properties has partnered with Tata Projects for core and shell construction works worth approximately ₹11 billion across three luxury residential developments Godrej Sora, Godrej Astra, and Godrej Samaris along Golf Course Road in Gurgaon, marking the company’s largest single construction contract award to date.

2 days ago • India

Construction

Reliance Industries awards ₹1,315.8 million Jamnagar infrastructure contract to Vascon Engineers

Vascon Engineers has secured a Letter of Intent worth ₹1,315.8 million from Reliance Industries for structural works at the Jamnagar expansion project. The domestic contract requires the construction of four multi-story buildings within a 19-month timeline.

2 days ago • India

Investments & Funding

Nisus Finance invests ₹900 million in Paranjape's blue ridge residential tower via Reso-i Fund

Nisus Finance Services has invested ₹900 million in Realnet Ventures, a wholly owned subsidiary of Paranjape Schemes, through its Real Estate Special Opportunities Fund-I (RESO-I), for a residential tower within the 150-acre Blue Ridge township in Hinjewadi, Pune, with a gross development value of ₹3.70 billion.

2 days ago • India

Real Estate

Larsen & Toubro secures high-rise and hospitality construction mandates across three Indian states

Larsen & Toubro’s construction arm has bagged multiple contracts for residential and hospitality developments in Maharashtra, Telangana, and Karnataka. The projects include ultra-high-rise residential towers in Mumbai and Hyderabad, alongside a luxury hotel and villa complex in Karnataka, reflecting robust demand in India’s premium real estate and hospitality sectors.

2 days ago • India

Investments & Funding

EIB global returns to Pakistan after decade with €160m for Housing and Water projects

EIB Global has committed €160 million to Pakistan its first financing in a decade including €100 million for Sindh’s post-flood housing reconstruction and €60 million for two water filtration plants in Karachi.

2 days ago • Pakistan

Investments & Funding

EBRD lends $30m for LEED Gold residential complex in Yerevan under risk-sharing facility

The EBRD has provided a $30 million senior secured loan to Nuovo Velodromo LLC for a green mixed-use residential complex in Yerevan, targeting LEED Gold certification, with total project cost estimated at $92 million.

2 days ago • Armenia

Real Estate

World Bank approves $60 million for Panama cadaster modernisation program

The World Bank has approved up to $60 million in financing for Panama to transform its cadastral system, aiming to develop a multipurpose national digital platform. Currently only 36% of the national territory has cadastral information and 19% of properties are titled; the program expects to generate around 1,200 direct jobs.

2 days ago • Panama

Construction

RVNL secures INR 392.1 million housing contract from NMDC in Hyderabad

Rail Vikas Nigam Limited has been awarded an INR 392.1 million contract by NMDC Limited to construct a high-end residential campus in Hyderabad. The 15-month project for executive housing marks a strategic expansion of the developer’s civil infrastructure portfolio beyond its core railway engineering operations.

2 days ago • India

Mergers & Acquisitions

ESR sells majority stake in Yokohama Logistics assets to TPG Asia Real Estate

ESR has sold a majority interest in its Yokohama Sachiura distribution centres to TPG Asia Real Estate, retaining a minority co-investment stake and continuing as asset manager, marking their second Japan logistics repositioning partnership.

2 days ago • Hong Kong;Japan

Real Estate

Nakheel awards Dh3.5bn contracts to GINCO and UNEC for 544 Palm Jebel Ali Villas

Nakheel has awarded contracts worth over Dh3.5 billion to Ginco General Contracting and UNEC for 544 villas on Palm Jebel Ali, with construction starting this quarter and completion scheduled for Q4 2028.

2 days ago • United Arab Emirates

Construction

Adani Group to invest ₹ 1000 billion in Motilal Nagar Redevelopment, secures 17 lakh sqm saleable area

Adani Group will invest ₹ 1000 billion over 10-15 years to redevelop Motilal Nagar in Goregaon, receiving 17 lakh square meters of free sale area under the CD&A model, with current local rates at approximately ₹30,000 per square foot.

2 days ago • India

Construction

NCC secures ₹4.88 billion construction order from BPTP for Gurugram housing project

BPTP Ltd has awarded a ₹4.88 billion contract to NCC Ltd for civil and finishing works at its upcoming residential project 'Downtown 66' in Gurugram's Sector 66. The scope covers 179,302 sq. metres of construction area.

2 days ago • India

Engineering & EPC

Alef group advances Sharjah's Olfah community with early works contract award

Alef Group has awarded the early works contract for its Olfah master-planned community in Sharjah to a leading local contractor. The scope includes site readiness and foundational work, moving the forest-designed, walkable development adjacent to Etihad Rail Station into initial construction phase.

2 days ago • United Arab Emirates

Mergers & Acquisitions

RMZ acquires 50% stake in Signature Global’s Gurugram commercial project for ₹ 12.93 billion

RMZ Group has invested ₹ 12.93 billion to acquire a 50% equity stake in Signature Global’s mixed-use commercial project on Gurugram’s Southern Peripheral Road. The 5.5 million sq ft development is expected to reach a capital value of ₹ 140-160 billion upon completion.

2 days ago • India