Real Estate Firms

Realty firm Lodha Developers Ltd is targeting 20 per cent annual growth in net profit this fiscal to Rs 4,100 crore on better demand for its housing properties and strong execution of projects. In its latest investors presentation, Mumbai-based Lodha Developers highlighted that the company has achieved best ever quarterly profit during April-June period of 2026-27 fiscal. The company's profit doubled to Rs 1,373.1 crore in April-June from Rs 675 crore in the year-ago period. On the profit after tax (PAT), Lodha Developers said the company has already achieved 33 per cent of the total guidance of Rs 4,100 crore for the entire 2026-27 fiscal. The PAT margin improved to 26.9 per cent in June quarter of FY27 from 18.6 per cent a year ago. Total income rose to Rs 5,096.7 crore from Rs 3,624.7 crore. During the entire 2025-26 fiscal, Lodha Developers logged a net profit of Rs 3,430.7 crore on a total income of Rs 17,119.5 crore. In the presentation, Lodha Developers noted that the comp

Leasing of retail spaces at shopping malls and high streets in Delhi-NCR increased 78 per cent to 1.3 million sq ft during January-June, driven by expansion by fashion retailers, food & beverage firms and departmental stores, according to Cushman & Wakefield. Real estate consultant Cushman & Wakefield's data showed that leasing activities were buoyant in shopping malls during the first half of this year. "Retail leasing in H1-26 totalled 1.3 million sq ft - an increase of 78 per cent year-on-year (Y-o-Y). Main Street leasing during H1-26 registered 4 per cent y-o-y growth, while mall leasing grew 2 times in the same period," the report said. The consultant noted that the fashion segment led H1-26 leasing with a 28 per cent share, followed by food and beverage (F&B) (16 per cent) and department store (12 per cent). The fashion and department store segments have witnessed the highest absolute increase in leasing volume during H1-26 compared to the same period last year, .

Gulshan Empire will offer 500 premium residences across 5.5 acres, with homes starting at ₹2.2 crore and estimated sales realisation exceeding ₹1,200 crore

The former head of Hines India will oversee operations across two regions identified by the global real estate investment manager as key engines of long-term growth

Realty firm Prestige Estates Projects Ltd has launched three housing projects during the April-June quarter with an estimated revenue of Rs 12,000 crore, as part of its expansion plan amid strong demand. In its latest operational update, Bengaluru-based Prestige Estates Projects informed that the company launched four projects with a combined developable area of 20.16 million square feet. Out of four projects, three are residential properties in Hyderabad, Bengaluru and Mumbai. One commercial project with a developable area of 3 million sq ft is in Bengaluru. The company said the total revenue potential for these three residential projects is estimated at Rs 12,000 crore. Irfan Razack, Chairman and Managing Director of Prestige Group, said, "Looking ahead, we have an exciting lineup of marquee launches across Mumbai, NCR, Bengaluru and Chennai during the festive season, which we believe will further strengthen our growth momentum." Earlier, Razack had told PTI that the company has

Firm aiming to build India's first AI Native Realty Operating System

Realty firm Aurum PropTech Ltd on Thursday announced the acquisition of property classified platform Housing.com in an all-equity deal, as part of its strategy to expand business. Housing.com is owned by Australia's REA Group. In a regulatory filing, Mumbai-based Aurum PropTech said it has entered into a binding share acquisition agreement for 100 per cent stake in Housing.com in an all-equity transaction. Aurum PropTech will issue 1,97,93,309 equity shares (representing about 20.5 per cent of the enlarged share capital). Following the transaction, REA India's total shareholding in Aurum PropTech will increase to 24.9 per cent. At the current share price, Aurum's market capitalisation is nearly Rs 1,900 crore on the BSE. Earlier, Aurum PropTech had bought housing brokerage platform PropTiger from REA Group. The combination brings together Housing.com and Aurum -- the largest tech-enabled PropTech ecosystem -- into one integrated platform, spanning property discovery, transactions

Raymond Realty Ltd has partnered with a landowner to develop a luxury housing project in Mumbai with an estimated revenue potential of Rs 8,500 crore. In a regulatory filing on Wednesday, the company said it has signed a joint development agreement to develop a residential project in a prime location of Parel, Mumbai. The project has an estimated revenue potential of about Rs 8,500 crore, it added. Raymond Realty did not name the landowner with whom it has entered into the agreement. This is the company's 8th joint development project in Mumbai city. "Parel has always been at the heart of Mumbai's evolution and we are proud to add another landmark to Raymond Realty's growing portfolio through this strategic joint development," Gautam Hari Singhania, Chairman, Raymond Group, said. He said the company's expansion continues to be guided by an asset-light, partnership-led approach that enables it to unlock value in some of Mumbai's most sought-after locations. Raymond Realty, part o

Realty firm Signature Global Ltd's net debt has almost doubled to Rs 390 crore during the first quarter of this fiscal compared with March-end as the company looks to expand business. Its net debt stood at Rs 200 crore as on March 31, 2026. "As of June 30, 2026, the company maintained cash and bank balances (including fixed deposits) of Rs 25.22 billion, reinforcing its strong balance sheet and providing sufficient financial flexibility to support future growth and operational requirements," Signature Global said in a regulatory filing on Tuesday. The company on Tuesday reported a 25 per cent decline in its sales bookings to Rs 1,970 crore for the first quarter of this fiscal amid lower volumes. Its sales bookings or pre-sales stood at Rs 2,640 crore in the year-ago period. For the current fiscal year, Gurugram-based Signature Global has given a pre-sales guidance of Rs 10,000 crore. The company sold properties worth Rs 8,250 crore in the 2025-26 fiscal and became the fifth-large

The Bengaluru-based real estate developer reported a 40 per cent rise in collections and an 18 per cent increase in average price realisation, while reaffirming its FY27 sales guidance

Keystone Realtors Ltd has posted a 42 per cent decline in its sales bookings to Rs 617 crore for the quarter ended June as it did not launch any new project. The company had sold properties, primarily housing, worth Rs 1,068 crore in the year-ago period. Mumbai-based listed developer has shared its operational update for April-June quarter of FY27. " Given that there was no new launch planned in Q1FY27, pre-sales were mainly supported by resilient sustenance sales, reflecting continued buyer interest and sustained homebuyer confidence in the company's projects," Keystone Realtors said. With general improvement in economic situation due to stability in geo-political situation, the company said it expects pickup in sales in the upcoming quarters. The collections of funds from customers rose to Rs 599 crore in Q1FY27 as compared to Rs 575 crore in the year-ago period. Boman Irani, CMD of Keystone Realtors Ltd, said, "Q1, FY27 marks a steady start to the year as we build on the stro

The BSE Realty index turned positive on an YTD basis in July, having gained over 43% from its calendar year low. Analysts flag a positive bias in the short-term, but caution over long-term; here's why

Board increases issue size nearly fourfold from ₹400 crore; proceeds may be used for debt refinancing, project construction, working capital and general corporate purposes

The company now intends to revisit the plan once it has achieved greater scale, potentially allowing it to pursue a larger offering and command a higher valuation

Mumbai-based Oberoi Realty Ltd on Sunday said it has sold luxury homes worth Rs 8,109 crore in its newly launched project in Gurugram on strong consumer demand. The company had on June 29 announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore and a revenue potential of Rs 16,000 crore. In a regulatory filing on Sunday, Oberoi Realty said that it has "recorded gross bookings of approximately Rs 8,109 crore at 'Three Sixty North', its first luxury residential development in the NCR." The company has sold 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft of saleable area) in this 14.8 acre project, it added. The company has launched the first phase of its housing project, located at Golf Course Extension Road in Gurugram, comprising 832 units across six towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realt

Knowledge Realty Trust CEO succeeds Brookfield India REIT's Alok Aggarwal, who stepped down following his retirement

Gross leasing touches 2.4 million sq ft as sustained occupier demand, low vacancies and limited Grade A mall supply support rental growth

Mumbai-based Oberoi Realty on Monday announced its foray into the Delhi-NCR market with the launch of its first luxury housing project with a total investment of Rs 6,000 crore. The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers. "We are launching our first project in Delhi-NCR. We feel confident now that our brand is transportable to the NCR market," Oberoi Realty CMD Vikas Oberoi told reporters in Gurugram. The company has launched the first phase at a basic selling price of Rs 35,000 per sq ft. "The total revenue potential of this project, including the two phases, is Rs 16,000 crore," Oberoi said. Asked about the investment, he said the project cost would be around Rs 6,000 crore for both phases. In the first phase, the starting price is Rs 19 crore. The size of the apartments ranges from Rs 5,600 sq ft to 8,500 sq ft. The size of the penthouse is 13,000 sq

Realty firm Prestige Estates Projects Ltd has around Rs 65,000 crore of unrecognised revenue in its account, driven by strong sales of its housing properties during the last three financial years. Prestige Estates achieved a record sales bookings of Rs 30,024 crore during the 2025-26 fiscal, up 76 per cent from the preceding year. In an interview with PTI, Prestige Estates Chairman Irfan Razack said, "We have got about Rs 65,000 crore of unrecognised revenue in the book. It is not a small amount". He mentioned that the company follows the completion method for recognition of revenues. This means that revenue gets recognised once the real estate project gets completed. However, Razack said the company is in discussion with auditors to shift towards the percentage of completion method. On the outlook for the current fiscal, the company's chairman was hopeful that sales bookings and new launches would be better than those in 2025-26, as housing demand continues to be good despite glo

Share of national developers in Delhi-NCR's residential supply has risen from 3 per cent in 2022 to over 13 per cent, driven by premium housing demand and infrastructure growth