Real Estate News

Investments & Funding

New Delhi accelerates Amaravati infrastructure buildup with INR 25.33 billion residential and office real estate allocation

The Union Cabinet of India has approved an INR 25.33 billion financial allocation to build major federal office and residential complexes in Amaravati, driving the capital city's administrative integration.

2 days ago • India

Real Estate

Dubai real estate sector expands as BEYOND Developments launches AED 4 billion residential project

BEYOND Developments has introduced a massive mixed-use masterplanned community in Dubai's City of Arabia corridor. The multi-phased development features extensive green infrastructure, over 1,560 residential units, and dedicated commercial areas designed to capture growing regional demand for modern urban living.

2 days ago • United Arab Emirates

Construction

US Coast Guard awards $81.8 million Alaska housing and water infrastructure contract to Tutor Perini unit

Perini Management Services, a subsidiary of Tutor Perini Corporation, has secured an $81.8 million U.S. Coast Guard contract to develop military family housing and upgrade critical water infrastructure at Base Kodiak, Alaska. The project expands the company’s backlog while supporting long-term operational resilience at a strategic federal installation.

2 days ago • United States

Real Estate

Vacant Brooklyn site reactivated into USD 48 million supportive housing asset for seniors

A long-vacant site in East Flatbush, Brooklyn, has been converted into a 57-unit affordable and supportive housing asset for seniors, backed by a USD 48 million blended capital stack. The all-electric development integrates on-site health coordination and places 18 units with formerly homeless individuals, signaling continued public investment in housing-linked care models.

2 days ago • United States

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