Page 2 - Akshat Ayush

Oberoi Realty profit remains flat at ₹761 crore, revenue declines 6%

The Mumbai-based developer reported a 6.1 per cent decline in Q2 revenue to Rs 1,670.95 crore, while booking value stood at Rs 9,149.69 crore during the quarter

DLF Q2 results: Net profit rises 11% to ₹1,301 cr, revenue falls 23%

DLF's consolidated net profit rose 11.1 per cent year-on-year in Q2FY27, while revenue declined 23.3 per cent; new sales bookings surged 478.7 per cent sequentially to Rs 3,800 crore

Krisumi Corp starts construction of two phases at Krisumi City in Gurugram

The company will invest over ₹1,300 crore in the two phases, comprising 542 units at its 33.38-acre Krisumi City township in Gurugram, with prices starting at about ₹4.9 crore

Cognizant leases 645,000 sq ft in Chennai at ₹4.77 crore monthly rent

Cognizant has leased 645,172 sq ft at Embassy Splendid TechZone in Chennai for five years at a monthly rent of ₹4.77 crore, with a 15% rent escalation every three years

Colt DCS, RMZ begin construction of third data centre with 64 MW capacity

The AI-ready Mumbai 3 facility will add 64 MW of capacity, taking the Navi Mumbai campus's operational capacity to 86 MW, with plans to develop up to 148 MW at the site

Bhumika Realty sees Faridabad land investment topping ₹1K cr by March 2027

Bhumika Realty expects its Faridabad land investment to exceed Rs 1,000 crore by March 2027, including over Rs 550 crore invested in the city during the past 12 months.

Housing demand up 8.2% in Q2FY27 on festive cheer: Magicbricks report

Magicbricks' PropIndex report showed housing demand rose 8.2 per cent in July-September 2026, with premium homes gaining traction, though demand stayed below year-ago levels

India hotel investments jump 197% in H1 2026; developers lead activity

Transaction volumes touched $497 million in the first half, with IBC-led deals accounting for 58 per cent and Tier-II and Tier-III cities capturing 60 per cent

In a first, co-working beats IT/ITeS in office leasing in January-September

Co-working accounted for 26 per cent of India's office demand in January-September 2026, ahead of IT/ITeS at 25 per cent, as enterprises increasingly embraced flexible workspaces

Prestige Estates' sales bookings rise 20% to ₹7,225 crore in Q2FY27

Prestige Group reported Rs 13,804.3 crore in pre-sales during H1FY27, with Bengaluru contributing 41 per cent, followed by Hyderabad at 32 per cent and Mumbai at 12 per cent

Kolte-Patil sales rise 52% in Q2 FY27 despite softening housing demand

The Pune-based developer reported Q2 FY27 sales of Rs 1,019 crore, up 52 per cent year on year, and added six Mumbai redevelopment projects with an estimated gross development value of Rs 6,000 crore

Our non-satellite biz now matches satcom operations: Hughes India CEO

Hughes India CEO Shivaji Chatterjee says its satcom and non-satcom businesses are now equal in size, while faster regulatory approvals could unlock growth in satellite connectivity.

Office leasing steady at 66.7 msf in 9M CY2026 as GCCs drive demand

GCCs accounted for 41 per cent of office transactions in the first nine months of 2026, while flex operators contributed 24 per cent, according to Knight Frank India

Siddharth Nawal to succeed Dalip Sehgal as Nexus Select Trust CEO from 2027

Blackstone-backed Nexus Select Trust has appointed Siddarth Nawal as MD and CEO designate ahead of his takeover from Dalip Sehgal on January 1, 2027, marking a leadership transition

Eutelsat OneWeb readying B2B push to connect India's last mile: Executive

The company said its regulatory work is progressing and satellite services will complement terrestrial networks, with use cases in remote areas, aviation, maritime and disaster resilience

India may provide cheapest AI access to every citizen in 5-7 yrs: Jio exec

India could emerge as a global AI-agent exporter by cutting inference costs and making AI more affordable and accessible domestically

India must be part of AI safety regulation talks, says IndiaAI Mission COO

IndiaAI Mission COO Sudeep Shrivastava calls for wider consultation on AI safety rules, while IIT Jodhpur professor Mayank Vatsa flags a lack of indigenous benchmarks

Aspirational consumers drive Crocs expansion into Tier-2, Tier-3 markets

Crocs has added 20 stores to its network of 300 outlets in India since the start of the year as it looks to tap aspirational consumers in smaller cities and towns

WeWork India expands Bengaluru, Pune footprint with two new centres

The new Whitefield and Wakad centres add around 2.25 lakh sq ft to WeWork India's portfolio, taking its network to 79 centres across eight cities

Smartworks adds ₹305 crore in contracted rental revenue from new clients

The latest leasing arrangements take the increase in contracted rental revenue to ₹540 crore in over a month, on top of the company's existing ₹5,400 crore base