<h2>Real Estate's Big Hope: Union Budget 2025 and Industry Status</h2>

<p>As India approaches its 2025 Union Budget, the real estate sector is watching closely, hoping for pivotal policy changes that can shape the future of the industry. With Finance Minister <b>Nirmala Sitharaman</b> set to present her 8th consecutive budget on February 1, 2025, the real estate community is eager to see the potential for transformative reforms.</p>

<p><b>Saurabh Runwal</b>, Director of <a href="https://runwalrealty.com/">Runwal Realty</a>, has been vocal about the industry's aspirations. With real estate valued at over <b>$477 billion</b>, he believes this is the perfect moment for the government to grant the sector "industry status." This move could help unlock the sector's potential, paving the way for greater growth and investment.</p>

<p>The real estate sector, which plays a crucial role in India’s economy, is optimistic that the upcoming budget will propel it towards an ambitious goal of becoming a <b>$5 trillion</b> economy, with real estate driving much of that growth. The focus is on cutting taxes, facilitating easier access to finance, and increasing institutional support.</p>

<p>The proposed income tax cuts, especially for those earning up to <b>Rs 15 lakh</b> a year, could give the real estate market the boost it needs. As the country stands at a transformative crossroads, these decisions will shape the future of real estate and its role in India’s larger economic landscape.</p>

<p>Saurabh Runwal’s comments underscore the sector’s belief that this budget could be a turning point. By fostering a supportive policy environment, India’s real estate industry is poised to accelerate towards its long-term goals.</p>

Real Estate's Big Hope Union Budget 2025 and Industry Status As India approaches its 2025 Union Budget the real estate sector is watching closely hoping for pivotal policy changes that can shape the future of the industry With Finance Minister Nirmala Sitharaman set to present her 8th consecutive budget on February 1 2025 the real estate community is eager to see the potential for transformative reforms Saurabh Runwal Director of Runwal Realty has been vocal about the industry's aspirations With real estate valued at over 477 billion dollars he believes this is the perfect moment for the government to grant the sector industry status This move could help unlock the sector's potential paving the way for greater growth and investment The real estate sector which plays a crucial role in India’s economy is optimistic that the upcoming budget will propel it towards an ambitious goal of becoming a 5 trillion economy with real estate driving much of that growth The focus is on cutting taxes facilitating easier access to finance and increasing institutional support The proposed income tax cuts especially for those earning up to Rs 15 lakh a year could give the real estate market the boost it needs As the country stands at a transformative crossroads these decisions will shape the future of real estate and its role in India’s larger economic landscape Saurabh Runwal’s comments underscore the sector’s belief that this budget could be a turning point By fostering a supportive policy environment India’s real estate industry is poised to accelerate towards its long-term goals

The real estate sector looks to Union Budget 2025 for transformative reforms, with Saurabh Runwal calling for industry status to unlock growth potential.

Real Estate's Big Hope: Union Budget 2025 and Industry Status

<h2>A Corridor Reimagined</h2>
<p>Once merely a link between Sohna Road and Golf Course Extension Road, Gurgaon’s Southern Peripheral Road (SPR) now stands as a beacon of transformation. This vibrant corridor has evolved into one of India’s most promising hubs for real estate and infrastructure, where every new development and infrastructure project is rewriting Gurugram’s urban narrative. With over <b>₹1 lakh crore</b> in residential and commercial projects launched or underway, and critical road connectivity gaps being swiftly addressed, SPR is scripting a new chapter of growth and opportunity.</p>
<h2>A Surge of Ambition and Value</h2>
<p>The past two years have seen developers announce or launch projects worth <b>₹50,000 crore</b> along SPR, a momentum expected to double by 2027. This surge has positioned SPR among the nation’s most dynamic micro-markets. Property values have soared to ₹25,000 per square foot, driven by robust demand, enhanced infrastructure, and unwavering investor confidence. Industry giants like <a href="https://www.dlf.in/" target="_blank">DLF</a> and <a href="https://www.signatureglobal.in/" target="_blank">Signature Global</a> are at the forefront: DLF is preparing for its next ambitious phase, while Signature Global is crafting a sprawling 93-acre township with 17 million square feet of saleable area, targeting over <b>₹27,000 crore</b> in sales.</p>
<h2>Infrastructure: The Catalyst for Transformation</h2>
<p>The government’s bold infrastructure initiatives are fueling SPR’s real estate boom. The Gurugram Metropolitan Development Authority (GMDA) has recently acquired two long-pending land parcels—5.9 acres near Sector 71 and another near Sector 65—paving the way for two vital link roads. These strategic connections, measuring 350 meters and 170 meters respectively, will eliminate detours, facilitate new water and sewer lines, and improve access between key sectors like 62–65 and 71–73. With an acquisition cost of <b>₹3.2 crore</b>, tenders for these projects are expected soon after final approvals.</p>
<h2>Redefining Mobility and Connectivity</h2>
<p>Beyond local link roads, a grand mobility solution is taking shape. A 5.5-kilometer elevated corridor has been proposed between Vatika Chowk and NH-8, designed to streamline traffic flow. With an allocation of <b>₹750 crore</b>—<b>₹620 crore</b> for construction and <b>₹130 crore</b> for land—this six-lane elevated road will feature multiple entry-exit ramps and a cloverleaf interchange, ensuring seamless connectivity to Dwarka Expressway, Delhi-Mumbai Expressway, and NH-248A. Inspired by the elevated stretches of <a href="https://www.aurumproptech.in/pulse/media/the-golden-corridor-dwarka-expressways-15-year-real-estate-saga" target="_blank">Dwarka Expressway</a>, this infrastructure promises to dramatically reduce commute times and ease congestion at key intersections.</p>
<h2>Enhancing Urban Resilience and Livability</h2>
<p>Simultaneously, the National Highways Authority of India (NHAI) is set to relocate the heavily congested Kherki Daula toll plaza to Panchgaon within three months—a move eagerly awaited by SPR commuters. Complementing this are over 95 kilometers of ongoing master road upgrades, flood-control initiatives, dedicated service lanes, stormwater drains, and sewage treatment plant (STP) facilities. New flyovers, improved sector-to-sector links, and mobile sewage treatment plants are being implemented to boost livability and resilience along the SPR corridor.</p>
<h2>The Future of Gurugram: An Integrated Urban Spine</h2>
<p>Together, these initiatives are transforming the SPR corridor from a fragmented road network into a cohesive urban spine. With real estate values buoyed by luxury developments and essential infrastructure, the region is rapidly becoming a magnet for both end-users and investors. Gurugram’s future is being literally paved through SPR, where every new road and launched tower signals not just growth, but a profound transformation.</p>

A Corridor ReimaginedOnce merely a link between Sohna Road and Golf Course Extension Road Gurgaons Southern Peripheral Road SPR now stands as a beacon of transformation This vibrant corridor has evolved into one of Indias most promising hubs for real estate and infrastructure where every new development and infrastructure project is rewriting Gurugrams urban narrative With over 2 lakh crore in residential and commercial projects launched or underway and critical road connectivity gaps being swiftly addressed SPR is scripting a new chapter of growth and opportunityA Surge of Ambition and ValueThe past two years have seen developers announce or launch projects worth 50000 crore along SPR a momentum expected to double by 2027 This surge has positioned SPR among the nations most dynamic micromarkets Property values have soared to 25000 per square foot driven by robust demand enhanced infrastructure and unwavering investor confidence Industry giants like DLF and Signature Global are at the forefront DLF is preparing for its next ambitious phase while Signature Global is crafting a sprawling 93acre township with 17 million square feet of saleable area targeting over 27000 crore in salesInfrastructure The Catalyst for TransformationThe governments bold infrastructure initiatives are fueling SPRs real estate boom The Gurugram Metropolitan Development Authority GMDA has recently acquired two longpending land parcels 9 acres near Sector 71 and another near Sector 5 aving the way for two vital link roads These strategic connections measuring 350 meters and 170 meters respectively will eliminate detours facilitate new water and sewer lines and improve access between key sectors like 2 5 and 71 73 With an acquisition cost of 32 crore tenders for these projects are expected soon after final approvalsRedefining Mobility and ConnectivityBeyond local link roads a grand mobility solution is taking shape A 55kilometer elevated corridor has been proposed between Vatika Chowk and NH8 designed to streamline traffic flow With an allocation of 750 crore 20 crore for construction and 130 crore for land his sixlane elevated road will feature multiple entryexit ramps and a cloverleaf interchange ensuring seamless connectivity to Dwarka Expressway DelhiMumbai Expressway and NH248A Inspired by the elevated stretches of Dwarka Expressway this infrastructure promises to dramatically reduce commute times and ease congestion at key intersectionsEnhancing Urban Resilience and LivabilitySimultaneously the National Highways Authority of India NHAI is set to relocate the heavily congested Kherki Daula toll plaza to Panchgaon within three months move eagerly awaited by SPR commuters Complementing this are over 95 kilometers of ongoing master road upgrades floodcontrol initiatives dedicated service lanes stormwater drains and sewage treatment plant STP facilities New flyovers improved sectortosector links and mobile sewage treatment plants are being implemented to boost livability and resilience along the SPR corridorThe Future of Gurugram An Integrated Urban SpineTogether these initiatives are transforming the SPR corridor from a fragmented road network into a cohesive urban spine With real estate values buoyed by luxury developments and essential infrastructure the region is rapidly becoming a magnet for both endusers and investors Gurugrams future is being literally paved through SPR where every new road and launched tower signals not just growth but a profound transformation

Gurgaon’s SPR corridor is set to cross ₹1 lakh crore in realty sales, reshaping urban living and mobility.

Gurgaon’s SPR: Where Urban Dreams Take Flight

<h2>A Bold Step into the Public Market</h2>
<p>Mumbai’s real estate landscape is set to witness a transformative moment as Kalpataru Realty prepares to make its debut on Dalal Street. On June 24, 2025, the company will launch its highly anticipated <b>₹1,590-crore</b> initial public offering (IPO), marking a significant milestone in its journey as one of India’s leading real estate developers. The subscription window will remain open until June 26, with trading scheduled to commence on July 1.</p>
<h2>Empowering the Company Through Fresh Capital</h2>
<p>The Kalpataru IPO is structured entirely as a fresh issue, ensuring that all proceeds from the offering will directly benefit the company. This strategic decision is designed to strengthen Kalpataru’s financial foundation, reduce its debt burden, and fuel ambitious expansion plans. The anchor book for institutional investors will open a day earlier, on June 23, with share allotment finalized by June 27.</p>
<h2>Addressing Debt and Fueling Ambition</h2>
<p>Kalpataru plans to utilize approximately <b>₹1,192.5 crore</b> from the IPO proceeds to reduce debt across its own books and subsidiaries, addressing a total debt of <b>₹10,186.6 crore</b> as of April 2025. The remaining funds will be allocated for general corporate purposes, supporting the company’s ongoing growth and operational needs.</p>
<h2>A Legacy of Excellence and Expansion</h2>
<p>With a strong presence in the Mumbai Metropolitan Region, Kalpataru stands tall among industry peers such as Oberoi Realty, Lodha Developers, Godrej Properties, Keystone Realtors, Prestige Estates Projects, Sunteck Realty, and Mahindra Lifespace Developers. As of December 2024, the company boasts a portfolio of 120 completed projects, spanning over 25.87 million square feet of developable area across Maharashtra, Telangana, Madhya Pradesh, Karnataka, and Rajasthan.</p>
<h2>Guided by Industry Leaders</h2>
<p>The IPO is being managed by leading financial institutions—ICICI Securities, JM Financial, and Nomura Financial Advisory and Securities (India)—who bring their expertise as book running lead managers to ensure a successful public offering.</p>
<h2>A Gateway for Investors</h2>
<p>Kalpataru’s IPO marks a pivotal moment for investors seeking to participate in the growth story of a robust, pan-Indian real estate developer. As the company embarks on this new chapter, it reaffirms its commitment to excellence, innovation, and sustainable growth.</p>

A Bold Step into the Public Market Mumbais real estate landscape is set to witness a transformative moment as Kalpataru Realty prepares to make its debut on Dalal Street On June 24 2025 the company will launch its highly anticipated 1590crore initial public offering IPO marking a significant milestone in its journey as one of Indias leading real estate developers The subscription window will remain open until June 26 with trading scheduled to commence on July 1 Empowering the Company Through Fresh Capital The Kalpataru IPO is structured entirely as a fresh issue ensuring that all proceeds from the offering will directly benefit the company This strategic decision is designed to strengthen Kalpatarus financial foundation reduce its debt burden and fuel ambitious expansion plans The anchor book for institutional investors will open a day earlier on June 23 with share allotment finalized by June 27 Addressing Debt and Fueling Ambition Kalpataru plans to utilize approximately 11925 crore from the IPO proceeds to reduce debt across its own books and subsidiaries addressing a total debt of 101866 crore as of April 2025 The remaining funds will be allocated for general corporate purposes supporting the companys ongoing growth and operational needs A Legacy of Excellence and Expansion With a strong presence in the Mumbai Metropolitan Region Kalpataru stands tall among industry peers such as Oberoi Realty Lodha Developers Godrej Properties Keystone Realtors Prestige Estates Projects Sunteck Realty and Mahindra Lifespace Developers As of December 2024 the company boasts a portfolio of 120 completed projects spanning over 2587 million square feet of developable area across Maharashtra Telangana Madhya Pradesh Karnataka and Rajasthan Guided by Industry Leaders The IPO is being managed by leading financial institutions ICICI Securities JM Financial and Nomura Financial Advisory and Securities India who bring their expertise as book running lead managers to ensure a successful public offering A Gateway for Investors Kalpatarus IPO marks a pivotal moment for investors seeking to participate in the growth story of a robust panIndian real estate developer As the company embarks on this new chapter it reaffirms its commitment to excellence innovation and sustainable growth

Kalpataru Realty launches a ₹1,590 crore IPO on June 24, 2025, to reduce debt and accelerate growth.

Kalpataru Realty’s New Chapter: A Landmark IPO for Growth

<h2>A New Era for Rajasthan’s Real Estate</h2>
<p>In a bold move that redefines luxury living and sustainable development, Gurugram-based <a href="https://joonrealty.com/" target="_blank">Joon Realty</a> has unveiled Adi Grand—a 40-acre, ultra-luxury, climate-positive retreat on the outskirts of Jaipur. Backed by a <b>₹450 crore</b> investment, this visionary project is set to become a benchmark for eco-conscious, high-end real estate in India.</p>
<h2>Where Luxury Meets Nature</h2>
<p>Strategically located near the upcoming Delhi-Jaipur-Mumbai Expressway (NH148), Adi Grand is more than just a residential development. It is a sanctuary that seamlessly blends emission-reversing architecture, lush ecology, and world-class hospitality. The project features over 60% open green space, anchored by a central man-made lake, creating a tranquil environment that harmonizes with nature.</p>
<h2>A Vision for Sustainable Living</h2>
<p><i>“Adi Grand represents the broader shift in how real estate now engages with green building principles,”</i> says <b>Mohit Joon</b>, Managing Director, Joon Realty. <i>“As the market for sustainable luxury is projected to reach USD 39 billion in India by 2025, we’re finding that high-net-worth individuals are increasingly factoring environmental performance into their investment decisions. Our goal is to respond to that shift with a development model that is both carbon-conscious and built for long-term value.”</i></p>
<h2>Unparalleled Amenities and Design</h2>
<p>Adi Grand offers a collection of branded villas and a luxury resort, all set within an environmentally enriching framework. Residents and guests will enjoy a 75,000 sq.ft recreational clubhouse, golf courses, landscaped gardens, and spa facilities. The development is powered by passive solar design, 100% rainwater harvesting, solar-powered street lighting and water heating, EV charging infrastructure, greywater recycling, and on-site waste management.</p>
<h2>A Compelling Investment Opportunity</h2>
<p>Positioned as a compelling second-home and long-term investment opportunity, Adi Grand is within a 40-minute drive from iconic Jaipur landmarks such as Hawa Mahal and Amer Fort. The project is designed to attract high-net-worth individuals, non-resident Indians, and urban professionals seeking both lifestyle and investment value.</p>
<h2>A Catalyst for Broader Trends</h2>
<p>The launch of Adi Grand coincides with a surge in investor confidence in blended developments. According to Colliers, investments in mixed-use real estate surged to <b>$191 million</b> in Q1 2025, underscoring the growing appeal of projects that offer both lifestyle and investment value.</p>
<h2>Looking Ahead</h2>
<p>With pre-bookings set to begin in July 2025 and handovers expected by early 2027, Adi Grand is poised to set new standards for sustainable luxury living in India. As Joon Realty transitions from land banking to real estate development, Adi Grand stands as a testament to the company’s commitment to innovation, sustainability, and long-term value creation.</p>

A New Era for Rajasthan’s Real Estate In a bold move that redefines luxury living and sustainable development Gurugrambased Joon Realty has unveiled Adi Grand a 40acre ultraluxury climatepositive retreat on the outskirts of Jaipur Backed by a 450 crore investment this visionary project is set to become a benchmark for ecoconscious highend real estate in India Where Luxury Meets Nature Strategically located near the upcoming DelhiJaipurMumbai Expressway NH148 Adi Grand is more than just a residential development It is a sanctuary that seamlessly blends emissionreversing architecture lush ecology and worldclass hospitality The project features over 60 open green space anchored by a central manmade lake creating a tranquil environment that harmonizes with nature A Vision for Sustainable Living Adi Grand represents the broader shift in how real estate now engages with green building principles says Mohit Joon Managing Director Joon Realty As the market for sustainable luxury is projected to reach USD 39 billion in India by 2025 were finding that highnetworth individuals are increasingly factoring environmental performance into their investment decisions Our goal is to respond to that shift with a development model that is both carbonconscious and built for longterm value Unparalleled Amenities and Design Adi Grand offers a collection of branded villas and a luxury resort all set within an environmentally enriching framework Residents and guests will enjoy a 75000 sqft recreational clubhouse golf courses landscaped gardens and spa facilities The development is powered by passive solar design 100 rainwater harvesting solarpowered street lighting and water heating EV charging infrastructure greywater recycling and onsite waste management A Compelling Investment Opportunity Positioned as a compelling secondhome and longterm investment opportunity Adi Grand is within a 40minute drive from iconic Jaipur landmarks such as Hawa Mahal and Amer Fort The project is designed to attract highnetworth individuals nonresident Indians and urban professionals seeking both lifestyle and investment value A Catalyst for Broader Trends The launch of Adi Grand coincides with a surge in investor confidence in blended developments According to Colliers investments in mixeduse real estate surged to 191 million in Q1 2025 underscoring the growing appeal of projects that offer both lifestyle and investment value Looking Ahead With prebookings set to begin in July 2025 and handovers expected by early 2027 Adi Grand is poised to set new standards for sustainable luxury living in India As Joon Realty transitions from land banking to real estate development Adi Grand stands as a testament to the companys commitment to innovation sustainability and longterm value creation

Joon Realty launches Adi Grand, a ₹450 crore ultra-luxury, climate-positive retreat near Jaipur.

Real Estate's Big Hope: Union Budget 2025 and Industry Status