Explore Business Standard
Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 109.95 crore in the March quarter on better income. The company had posted a net loss of Rs 88 crore in the year-ago period. Total income more than doubled to Rs 1,540.99 crore during the January-March period of 2025-26 from Rs 563.70 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the 2025-26, Puravankara Ltd net profit stood at Rs 56.75 crore as against a net loss of 182.92 crore in the preceding year. Total income increased to Rs 3,846.42 crore last fiscal from Rs 2,093.13 crore in the preceding year. As of March 31, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company's total land bank is 40 million sq ft and ongoing projects add up to 36.69 million sq ft.
India's biggest realty firm DLF Ltd has announced an additional investment of Rs 21,300 crore to complete its ongoing residential projects, mainly in Delhi-NCR, Mumbai and the tri-city Chandigarh. In its latest investor's presentation uploaded on the BSE on Wednesday, DLF said the "pending cost to complete for all launched projects" stands at Rs 21,300 crore. The company also disclosed that receivables from customers against the sale of properties stand at Rs 33,840 crore. The net receivables after meeting the pending cost to complete the launched project are Rs 12,540 crore. Post-COVID pandemic, DLF has launched many residential projects in Delhi-NCR, Mumbai and the tri-city of Chandigarh, including an ultra-luxury project 'The Dahlias' at Gurugram, which has a revenue potential of around Rs 35,000 crore. On Wednesday, DLF the country's largest real estate company by market capitalisation announced its financial results and also operational performance for the last fiscal. Duri
Realty firm Lodha Developers has set a target of achieving 17 per cent growth in sales bookings this fiscal to Rs 24,000 crore, amid strong housing demand. During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the preceding year. In its latest investors presentation, Lodha Developers has given a guidance of achieving Rs 24,000 crore worth of sales bookings during the current 2026-27 fiscal. Although housing demand has tapered since 2025 after a strong growth during 2022-2024 period, the big branded companies have been performing well because of their financial and operational capabilities to execute projects. On Friday, Lodha Developers reported that its net profit increased to Rs 3,430.7 crore from Rs 2,766.6 crore in the preceding financial year. Total income grew to Rs 17,119.5 crore last fiscal from Rs 14,169.8 crore in 2024-25. Abhishek Lodha, MD & CEO of Lodha Developers, said the company delivered record .
The Indian real estate sector attracted USD 5.1 billion in capital during January-March, logging an annual growth of 72 per cent, as developers and REITs look to expand business despite global uncertainties, according to CBRE. Capital inflows in the real estate sector stood at USD 2.9 billion in the year-ago period. The increase in capital inflows was 53 per cent from USD 3.3 billion in the October-December quarter of 2025. Real estate consultant CBRE on Wednesday released a report, India Market Monitor Q1 2026 - Investments, which highlighted that the inflows in January-March were the highest in any quarter ever. The capital inflows were primarily led by developers, closely followed by Real Estate Investment Trusts (REITs), which put money into building and acquiring rent-yielding offices and retail spaces. "This underscores the high confidence of domestic investors and institutional players in the Indian real estate growth story," said Anshuman Magazine, Chairman & CEO - India,