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Godrej scion Tanya Dubash buys two Worli sea view apartments for Rs 294 crore each premium

Godrej scion Tanya Dubash buys two Worli sea view apartments for Rs 294 crore each premium

Godrej family scion Tanya Dubash has bought two sea-facing luxury apartments in Mumbai’s Worli Sea Face within the under-construction ultra-luxury tower Naman Xana for over Rs 294 crore, as per property registration documents. The purchases place the apartments among India’s costliest on a per-square-foot basis, at above Rs 2.5 lakh. Located on the 19th and 20th floors, the units offer large carpet areas, balconies, and exclusive parking access, adding to the family’s growing presence in the project.

Summarised by Beize from a story on The Economic Times on 16 May 2026
Supreme Court panel orders prior approval for all Supertech Realtors Supernova unit deals starting December

Supreme Court panel orders prior approval for all Supertech Realtors Supernova unit deals starting December

A Supreme Court empowered committee has issued a public notice that any real estate transaction involving Supertech Realtors’ Noida “Supernova” project requires prior written approval from the panel. This includes sale, transfer, assignment, conveyance, and creation of third-party rights for units in Supertech Realtors Pvt Ltd. Deals without approval will be treated as null and void ab initio, and past board resolutions won’t apply from December 16, 2025. The panel, chaired by Justice M M Kumar, has appointed PwC as transaction advisor to revive the stalled project.

Summarised by Beize from a story on The Economic Times on 15 May 2026

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Urban Vault eyes Rs 50 crore revenue as it delivers turnkey offices in just 90 days

Urban Vault eyes Rs 50 crore revenue as it delivers turnkey offices in just 90 days

Flexible workspace provider Urban Vault expects to earn Rs 50 crore in revenue in FY 2026–27 from design, fit-out and facility management as large enterprises increasingly outsource turnkey office creation. The company cites a shift away from heavy upfront capital spending toward faster occupancy and simpler operations. Urban Vault recently delivered a fully operational Mumbai office for an IT services firm in 90 days, with a five-year facility management contract attached. The deal generated about Rs 25 crore upfront and recurring revenue near Rs 15 crore annually, lifting total contract value to nearly Rs 100 crore.

Summarised by Beize from a story on The Economic Times on 15 May 2026
India office market swings to Grade A as premium rentals surge and older stock loses out

India office market swings to Grade A as premium rentals surge and older stock loses out

India’s office market is bifurcating sharply as Grade A rentals climb and corporate tenants increasingly bypass mid-tier and older buildings. Anarock data show Grade A monthly rentals rose 6% in 2025 to Rs 92 per sq ft, reaching Rs 93 in Q1 2026 across the top seven cities. Net leasing accelerated to 58.2 million sq ft in 2025, up 17% YoY, with MNC-led GCC projects boosting leasing share and pushing vacancies down.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Nisus Finance pumps Rs 90 crore into Pune housing project with Rs 370 crore development value

Nisus Finance pumps Rs 90 crore into Pune housing project with Rs 370 crore development value

Nisus Finance Services has invested Rs 90 crore in a residential project being developed by Realnet Ventures, a Paranjape Schemes subsidiary, via its Real Estate Special Opportunities Fund-I. The tower will come up on 1.09 acres in Hinjewadi Phase 1, delivering a total saleable area of 4.02 lakh sq ft. The project’s gross development value is Rs 370 crore and is expected to generate an operating surplus of Rs 143 crore, part of Paranjape’s Blue Ridge township.

Summarised by Beize from a story on The Economic Times on 15 May 2026
California’s most expensive 7-Eleven sells for $12 million weeks after opening

California’s most expensive 7-Eleven sells for $12 million weeks after opening

A 7-Eleven store in Madera, California opened in late April and sold just weeks later for $12 million, setting a new record as the highest price ever paid for a 7-Eleven in the state. The rapid turnaround highlights how valuable certain local convenience locations can become when demand and visibility align.

Summarised by Beize from a story on Entrepreneur on 14 May 2026

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DLF targets Rs 20,000 crore pre sales FY27 as super luxury Dahlias fuels momentum

DLF targets Rs 20,000 crore pre sales FY27 as super luxury Dahlias fuels momentum

DLF has set FY27 pre-sales guidance of Rs 20,000 crore, supported by a pipeline aimed at launching around 25 million sq ft in the medium term. The company expects its super-luxury project The Dahlias to remain the key sales engine, noting strong pricing power even as construction capacity limits additional launches. Executives also pointed to upcoming projects in Gurugram, the next phase in Mumbai, and a new launch in Goa, while highlighting zero gross development debt and a large net cash surplus.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Blackstone data center debut goes flat as $1.75 billion IPO prices at $20 per share

Blackstone data center debut goes flat as $1.75 billion IPO prices at $20 per share

Blackstone Digital Infrastructure Trust began trading flat on its New York Stock Exchange debut after raising $1.75 billion in a U.S. IPO. Shares opened at $20 and the firm sold 87.5 million shares at the same price. The listing arrives amid a U.S. IPO rush led by artificial intelligence-linked companies, including Cerebras and Fervo Energy. Blackstone says the vehicle will focus on newly built data centers leased to investment-grade hyperscale tenants and has flagged $25 billion in near-term opportunities across key markets.

Summarised by Beize from a story on The Economic Times on 14 May 2026
MediaTek opens second India R&D hub in Noida after Bengaluru move

MediaTek opens second India R&D hub in Noida after Bengaluru move

Taiwanese chipmaker MediaTek has leased 1,04,000 sq ft at BPTP’s Capital City in Sector 94, Noida, to set up its second India research and development hub. The deal is estimated at around Rs 144 crore over the agreed tenure, and the facility is now operational. The company says the Noida centre will expand its talent base and strengthen engineering and research capabilities, while BPTP points to NCR’s growing appeal for global tech firms.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Uber locks 9 lakh sq ft Hyderabad office on 10-year deal worth 839 crore for GCC expansion

Uber locks 9 lakh sq ft Hyderabad office on 10-year deal worth 839 crore for GCC expansion

Uber India Systems has leased about 9 lakh sq ft of chargeable office space in Hyderabad for a decade, signaling a deeper commitment to India’s expanding GCC ecosystem. The company will occupy roughly 901,115 sq ft across Tower 1 floors 11 to 20 at Meenakshi Eco Park, with the lease starting Jan 9, 2026. The deal is valued at nearly Rs 839 crore, includes scheduled 15% rental escalations every three years, and Uber also paid a sizable security deposit.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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UP RERA warns homebuyers with six must check steps before you book any property

UP RERA warns homebuyers with six must check steps before you book any property

UP RERA has issued a buyer advisory urging residents to verify key details before purchasing property. The regulator recommends checking land titles, sanctioned maps, inventory and bank account records, quarterly progress reports, and the builder’s complaint history. The goal is simple: ensure transparency, reduce fraud risk, and avoid buying into projects with unclear or inconsistent documentation.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Ranbir Kapoor buys land in Ayodhya for Rs 3.31 crore as investor tide rises

Ranbir Kapoor buys land in Ayodhya for Rs 3.31 crore as investor tide rises

Bollywood actor Ranbir Kapoor has acquired a land parcel in Ayodhya for Rs 3.31 crore, in a project near the Sarayu river. The purchase adds to a growing wave of investor attention as infrastructure expands and tourism picks up, turning Ayodhya into a more active real estate and development destination.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Ranbir Kapoor buys 2134 sq ft Ayodhya plot for Rs 3 31 crore with The Leela nearby

Ranbir Kapoor buys 2134 sq ft Ayodhya plot for Rs 3 31 crore with The Leela nearby

Actor Ranbir Kapoor reportedly purchased a 2,134 sq. ft. plot in Ayodhya for Rs 3.31 crore. The land forms part of a sprawling 75-acre development by The House of Abhinandan Lodha, which includes luxury amenities and a vegetarian hotel operated by The Leela. Kapoor said Ayodhya felt like it chose him, framing the buy as a family legacy.

Summarised by Beize from a story on The Economic Times on 14 May 2026
DLF targets Rs 20000 crore sales bookings by FY27 with strong launch pipeline across key cities

DLF targets Rs 20000 crore sales bookings by FY27 with strong launch pipeline across key cities

DLF has signaled a major push, forecasting Rs 20,000 crore in sales bookings for FY 2026-27. The company attributes its target to an active pipeline of new residential projects, with upcoming developments planned across Gurugram, Mumbai, and Goa, aiming to convert strong launch momentum into bookings over the coming fiscal.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Signature Global Targets Rs 10000 Crore Sales Bookings Growth of 21 Percent in FY27

Signature Global Targets Rs 10000 Crore Sales Bookings Growth of 21 Percent in FY27

Signature Global says it is aiming for a 21% rise in sales bookings to Rs 10,000 crore in FY27, after a 20% contraction in the prior fiscal. The firm also reported a sharp jump in net profit last year, and is betting on fresh projects and strategic partnerships to accelerate growth in the coming months.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Warehousing demand surges 15% as Mumbai leads a resilient March quarter leasing sprint

Warehousing demand surges 15% as Mumbai leads a resilient March quarter leasing sprint

India’s industrial and warehousing market stayed resilient in the March quarter as manufacturing and third-party logistics drove occupier activity across major cities. Leasing transactions rose 15% year-on-year to 19.3 million sq ft, with Mumbai posting the strongest momentum through a 66% jump in transactions. Rental values also moved up across key markets.

Summarised by Beize from a story on The Economic Times on 14 May 2026
DLF to pump in Rs 21300 crore to complete pending homes across Gurugram

DLF to pump in Rs 21300 crore to complete pending homes across Gurugram

DLF Ltd, India’s largest realty firm, plans to invest an additional Rs 21,300 crore to complete its ongoing residential projects in Gurugram and other cities. The move comes as the company holds sizable customer receivables. DLF has also rolled out fresh projects, including a luxury development, while sales bookings eased but profits and total income rose.

Summarised by Beize from a story on The Economic Times on 14 May 2026
NCLT admits Canara Bank insolvency plea against Supreme Housing with Rs 567 crore dues at stake

NCLT admits Canara Bank insolvency plea against Supreme Housing with Rs 567 crore dues at stake

The National Company Law Tribunal has admitted Canara Bank’s insolvency petition against Supreme Housing and Hospitality. The real estate firm is reportedly in default of more than Rs 567 crore. The case comes after multiple settlement attempts failed and years of litigation left the dispute unresolved, paving the way for insolvency proceedings.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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Max Estates eyes 1200 crore revenue for Gurugram Terraces with hybrid work amenities

Max Estates eyes 1200 crore revenue for Gurugram Terraces with hybrid work amenities

Max Estates plans to generate Rs 1,200 crore in revenue from its Gurugram project, The Terraces, part of the broader Estate 361 development. Residences are set to begin at Rs 2.4 crore, while the project focuses on sustainability and facilities tailored for hybrid workers, aiming to attract buyers across age groups.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Karnataka HC lets Embassy Developments keep 78-acre Kadugodi land after resumption order reversal

Karnataka HC lets Embassy Developments keep 78-acre Kadugodi land after resumption order reversal

Embassy East Business Park will retain possession of 78 acres in Bengaluru’s Kadugodi Industrial Area after the Karnataka High Court overturned a Karnataka Industrial Areas Development Board order seeking land resumption. The decision clears the way for Embassy Developments to move forward with its planned business park, overturning the regulator’s attempt to reclaim the land.

Summarised by Beize from a story on The Economic Times on 14 May 2026
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