Page 15 - Prachi Pisal

Office space company WeWork India gets regulatory approval for IPO

Offer for sale of 43.7 mn shares; proceeds go to Embassy Buildcon and 1 Ariel Way Tenant Ltd

AI adoption helped cut costs and gain new customers, says TVS ILP

Logistics parks operate at full capacity as AI adoption drives operational efficiency, cost reduction and higher customer retention despite global tariff challenges

Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm

The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium

Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer

Real estate analysts watching Tesla's impact on rentals closely

IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26

IRB Infrastructure Developers and its InvIT report an 8% YoY growth in toll revenue, reaching Rs 1,680 crore in Q1 FY26 despite the early onset of the monsoon

Mahindra Logistics to raise up to ₹750 crore through rights issue

Mahindra Logistics, a Mahindra Group company, plans to raise up to ₹750 crore through a rights issue to repay borrowings and for general corporate purposes

CoC approves JSW Infra's resolution plan for NCR Rail Infrastructure

The Committee of Creditors (CoC) has approved JSW Infra's resolution plan for NCR Rail Infrastructure. The plan, subject to necessary regulatory approvals, aims to expand JSW Infra's logistics

HoABL, Mittal Builders to co-develop ₹2,000-cr township in Naigaon

The 3-million sq ft township in MMR will offer 4,600 homes and high-street retail, with infrastructure boosts like Metro Line 13 and the Delhi-Mumbai Expressway to aid growth

Realty firms may post pre-sales growth in Q1FY26 despite demand moderation

Meanwhile, overall housing sales across the top seven Indian cities declined by 20 per cent YoY due to inexorably rising property prices and geopolitical tensions

Tata Projects eyes order book of over Rs 60,000 cr from infra biz by 2030

The business' order book as of March 31, 2025, stood at around ₹30,000 crore, featuring projects across segments like transport infrastructure, residential, commercial, and industrial real estate

70% of APAC occupiers plan to expand warehousing portfolio in India: Report

APAC occupiers see India as a resilient logistics destination, driven by supply chain diversification, ESG focus, and infrastructure growth, says CBRE report

TVS ILP raises Rs 1,300 crore through private InvIT to fuel growth

TVS Industrial & Logistics Parks raises Rs 1,300 crore through its private infrastructure investment trust (InvIT), with a target to achieve 32% annual growth, mostly organically

Adani Group signs agreement with Mhada to redevelop Mumbai's Motilal Nagar

Adani Group signs a deal with Mhada to redevelop Mumbai's Motilal Nagar colonies, a Rs 36,000 crore project aimed at creating ultra-modern homes, commercial spaces, and a 15-minute city concept

JSW Infra to invest ₹740 cr in developing container berths at Kolkata Port

JSW Infra will develop container berths at Kolkata Port with a ₹740 crore capex, focusing on enhancing handling capacity under a 30-year concession period as part of government's port privatisation

Lodha Developers reports 10% growth in Q1 FY26 pre-sales to ₹4,450 crore

Lodha Developers reports a 10% YoY growth in Q1 FY26 pre-sales to Rs 4,450 crore, confident of meeting its FY26 pre-sales target of Rs 21,000 crore despite geopolitical challenges

Cement makers to regain decadal average profitability in FY26: Crisil

Rural housing demand will replace infrastructure segment as the primary demand driver this financial year due to expectations of rise in agricultural income on a likely healthy monsoon

Results preview: Cement companies may report profit boost amid price gains

Cement prices rose 6% YoY in Q1 FY26 while moderate volume growth and soft fuel costs are expected to aid profitability despite seasonal monsoon impact

Construction tech adoption lags in Indian real estate amid cost hurdles

Despite availability of BIM, modular, and 3D technologies, Indian construction firms remain hesitant due to cost, labour economics, and limited developer scale

Commercial realty climbs growth ladder, residential one step down

Office, warehousing, industrial segments drive real estate leasing momentum in first half

IRB InvIT to acquire 3 road assets worth ₹8,436 cr from IRB InvIT Fund

The acquisition of three SPVs will expand IRB's O&M order book by Rs 3,100 crore and is part of a broader asset transfer strategy between its private and public InvIT platformsnn