Real estate
Business Empire Flourishes(Trump Organization India), Defying Political Criticism
New Delhi: In a striking contrast to Donald Trump’s critical remarks about the Indian economy, his family’s real estate enterprise, The Trump Organization, is experiencing unprecedented success and expansion in India. The company continues to deepen its investments, achieving remarkable sales in the luxury housing sector, especially within the National Capital Region (NCR).
The Unstoppable Growth of the Trump Organization India
The primary success story for the Trump Organization India is unfolding in Gurgaon. The first project, Trump Towers Delhi NCR, a joint venture with M3M and Tribeca, has already amassed bookings exceeding ₹2,000 crore since its 2018 launch. Building on this momentum, a second project, Trump Residences, was announced this past May. This new venture, in partnership with Tribeca and M3M’s subsidiary Smartworld, was an immediate triumph, reportedly selling out completely and generating a staggering ₹3,250 crore in revenue. The completion of this project will make Gurgaon the only city in the world, apart from New York, to host two Trump-branded residential towers.
The expansion doesn’t end in Gurgaon. Plans are already underway for a third luxury project in Sector 94, Noida. This strategic growth is powered by a joint venture model where Indian partners manage construction, while the Trump name lends powerful global branding and marketing appeal.
This continued success has solidified India’s position as the largest and most important international market for the Trump real estate brand, presenting a business narrative that stands in stark contrast to political commentary.
Source:- ET
Uncategorized
Uncategorized
The Paradox of Plenty Real Estate: Why India’s New Skyscrapers Are Standing Empty
The glittering skylines of India’s major cities tell a story of progress and ambition. But behind the shimmering glass of these new residential towers lies a troubling secret: many of the homes are unoccupied. Financial commentator Sharan Hegde has recently drawn attention to this growing paradox, where a frantic construction boom is ironically making it harder for everyday Indians to find a place to call home.
Hegde describes this situation as a “ghost tower economy.” He argues that the market isn’t being driven by people who need a place to live, but by wealthy investors who are buying properties as financial assets. This is especially true in prime urban centres like Mumbai and Gurgaon, where luxury apartments with jaw-dropping price tags are snapped up, only to remain empty. These properties are not treated as homes but as investments, creating an artificial demand that inflates prices and pushes the salaried class out of the running.
The real estate market in Hyderabad serves as a cautionary tale. Once considered a more affordable alternative, the city experienced a speculative frenzy that led to massive overbuilding. Now, with more supply than demand, the bubble is showing signs of bursting, with resale values in some areas dropping significantly. This highlights the inherent instability of a market built on speculation rather than genuine need.
To combat this trend, Hegde proposes a series of bold reforms aimed at making housing affordable again. His suggestions include:
A Vacancy Tax: A levy on residential properties that remain unoccupied for more than a year to discourage homes from being left empty.
Higher Duties for Investors: Increased stamp duties and taxes for those purchasing second or third properties.
Tougher Regulations: A temporary halt on new construction projects in areas that already have a surplus of vacant homes.
The goal of these measures is to shift the focus of the real estate sector from creating “hollow assets” to building living, breathing communities. The ongoing debate sparked by Hegde is a critical one, questioning whether India’s cities will be for everyone or just for the highest bidder.
Source :- BT
Real Estate
Real Estate
Real estate
Real estate
DLF Q1 FY26 Results: Profit Soars 19%, But Stock Price Falls. Here’s Why.
It was a classic case of “buy the rumor, sell the news” for DLF investors this week. India’s real estate giant posted blockbuster earnings for the DLF Q1 FY26, yet its stock price took a noticeable hit, leaving many wondering about the disconnect.
On the surface, DLF’s financial report was a picture of health. The company’s consolidated net profit climbed an impressive 19% year-on-year, settling at Rs. 766 crore. Even more remarkably, its revenue from operations skyrocketed by 91% to reach Rs. 2,717 crore, a massive leap from the Rs. 1,423.2 crore recorded in the same quarter last year. This performance was driven by record-breaking sales bookings, which grew by 78% and have already fulfilled more than half of the company’s full-year target.
However, the stock market reacted with caution instead of celebration. Following the announcement, DLF’s shares fell by 1.63% to close at Rs. 779.90 on Tuesday, extending its recent losing streak.
Market experts point to two primary factors behind this puzzling trend. Firstly, the stock had already experienced a significant rally in anticipation of these strong results, prompting many investors to lock in their profits once the news was officially released. Secondly, a closer look at the numbers reveals a slight pressure on profitability. The company’s EBITDA margins contracted to 13.4% from 16.7% a year ago, a development attributed to rising operational expenditures.
While the short-term stock movement may seem bearish, the underlying business performance showcases strong operational momentum and continued demand in the premium real estate sector, painting a robust picture for DLF’s long-term outlook.
Source:- GR
Real estate
Justice Served: Gurgaon Developer Faces Strict Penalties for Four-Year Project Delay
In a significant victory for consumer rights, Gurgaon Developer has been held accountable for a staggering four-year delay in delivering a commercial property. The Haryana Real Estate Regulatory Authority (HRera) has delivered a decisive verdict against Shine Buildcon Pvt Ltd, ordering them to compensate the aggrieved buyer and immediately move to transfer possession of the unit.
The case revolves around a commercial unit in the ’70 Grandwalk’ project, which the buyer had been waiting for since their initial investment. The gurgaon developer attempts to justify the extreme delay by citing events like demonetization and the COVID-19 pandemic were dismissed by the authority. HRera concluded that these circumstances did not warrant such a prolonged failure to deliver on their contractual obligations.
As a consequence of their findings, HRera has imposed a two-pronged penalty on the builder. Firstly, the firm must pay the complainant interest at a rate of 11.1% per annum for the entire period of the delay. Secondly, they have been given a strict 30-day deadline to hand over the possession of the unit, contingent on the buyer clearing any outstanding dues.
The regulatory body also uncovered that the gurgaon developer had imposed charges that were not part of the original buyer’s agreement. In its ruling, HRera mandated that all fees must be strictly aligned with the initial contract, protecting the buyer from any illicit financial demands.
This ruling sends a powerful message to the real estate industry, reinforcing that regulatory bodies are actively protecting the interests of homebuyers and that developers cannot expect to get away with unreasonable delays and unfair practices. It serves as a beacon of hope for other buyers who may be facing similar struggles with delayed projects.
Source : TOI
Real estate
Gurgaon Property Market Braces for a Steep Price Increase as Government Proposes a Substantial Hike in Circle Rates
The real estate market in Gurgaon is on the verge of a significant transformation as the district administration has put forth a proposal for a substantial increase in circle rates. This move is poised to make property transactions in the region considerably more expensive, with proposed hikes of up to 77% for residential areas and a staggering 145% for agricultural land. The proposed revision aims to bridge the gap between the government-fixed minimum value of a property and its actual market rate, a disparity that has been particularly prominent in upscale localities and newly developed sectors.
Gurgaon Property hike circle rate
This proposed adjustment in circle rates will have a far-reaching impact across Gurgaon, affecting a wide range of properties, from high-end condominiums to residential plots. In upscale areas such as DLF Phases I-V, South City, Suncity, Sushant Lok, and the prestigious Golf Course Road, a 10-20% increase is on the cards. For instance, the circle rate for luxury apartments in coveted projects like DLF Aralias, The Magnolias, and The Camellias is slated to rise from ₹35,750 per square foot to ₹39,325 per square foot, marking a 10% jump.
The new sectors along the Dwarka Expressway are also set to witness a steep hike of up to 62%, with the circle rate for residential plots potentially increasing from ₹40,000 to ₹65,000 per square yard. The most significant proposed increase for residential plots is in Gurgaon Gaon, where the rate could surge by 77%, from ₹25,300 to ₹45,000 per square yard. However, the most drastic change is reserved for agricultural land. In Bajghera, the circle rate is proposed to be raised by an astounding 145%, from ₹2 crore to ₹5 crore per acre, while in Sirhaul, a 108% increase is proposed, from ₹2.39 crore to ₹5 crore per acre.
The district administration has invited public objections and suggestions on the proposed rates until July 31. Following the review of public feedback, the proposal will be sent to the state government for its final approval. If the government gives the green light, the revised circle rates are expected to be implemented within a month.
The proposal has elicited mixed reactions from real estate experts and homebuyers. While some realtors acknowledge that aligning circle rates with market values is a necessary step for transparency, they express concerns that such a sharp and aggressive hike could dampen buyer sentiment and slow down the property market. Many believe that the timing of this proposal is not ideal, given that property prices in Gurgaon are already at an all-time high, making housing unaffordable for a large segment of the population. Homebuyers and IT professionals in the city are worried that the continuous rise in property rates will not only make Gurgaon an unaffordable place to live but also adversely impact the city’s overall economy and industrial growth.
This is not the first time that the circle rates have been revised in Gurgaon. The last revision took place in December 2024, with an increase of 10-30%. An earlier attempt by the revenue department to increase the rates in March 2025 was rejected by the Haryana government, a decision that was welcomed by real estate developers as a move to boost buyer confidence.
The impending decision on the proposed circle rate hike is being closely watched by all stakeholders in the Gurgaon real estate market. Whether the government will approve the proposal as it is or make some revisions based on public feedback remains to be seen. However, one thing is certain: the outcome of this decision will have a lasting impact on the future of property ownership in one of India’s most prominent real estate hubs.
Source:- ET