Delhi property news

Sales bookings rose many times over in the July–September quarter, but profit fell, and the developer has proposed land deals that could add more than ₹29,000 crore to its pipeline.

Narela accounts for more than 90 per cent of the Delhi Development Authority's sales this fiscal, so the surge is concentrated in one sub-city.

Delhi-NCR has the largest share of warehouse leasing across India's eight biggest markets, and its rents have risen fastest, which raises costs for occupiers.

Two proposed deals could lift the developer's gross pipeline past ₹29,000 crore, but neither is final and both depend on approvals.

The crystal jewellery and watch brand adds a city store to a mall that DLF positions as its fashion-led centre in Delhi-NCR.

The group says one authority cannot both promote projects and protect buyers, and it cites ₹12.44 lakh crore of buyer money stuck in delayed projects.

The state-owned company's e-auction sale funds government redevelopment work, and bids ran well above the reserve price.

The 114-unit Swaranaya project in South Delhi is the developer's second, and its funding leans on structured capital with a 2031 completion target.

The 5 to 20 November curbs affect office staffing and outdoor building work across the region, with exemptions for some public projects.

The order returns seized cash, jewellery, vehicles and fixed deposits to M3M-linked parties, but leaves the ED's ₹404 crore property attachment untouched.

The developer says the ITAT's order cuts its ₹119.24 lakh tax demand, but penalty, jurisdiction and interest questions remain open.

The South Delhi developer cut its borrowings sharply and raised equity, while its quarterly revenue and profit both grew.

The South Delhi project's 114 homes and a ₹5,000 crore expansion plan show the developer's push into large luxury units.

The meeting will show whether the Q1 profit turnaround held through the half-year, as the company builds out its hotel plans.

Mohit Goel also cited stronger demand for homes above ₹3 crore in Noida and Greater Noida, while saying affordability remains a constraint for many buyers.

The interim order blocks an unauthorised website using Experion’s name and project details, while the developer’s project registration application remains a separate matter.

The developer says it is preparing several launches with joint venture partners over the next six months, but has not named projects or locations.

The Mumbai-based developer is considering opportunities in Delhi, Noida and Gurugram, but has not named a new site or deal.