Page 2 - Prachi Pisal

SC's green clearance ruling recall could push ahead stalled projects

Move to give relief to thousands of homebuyers and developers

India's listed REITs distribute ₹2,331 cr in Q2 as AUM rises to ₹2.35 trn

India's five publicly listed REITs paid over ₹2,331 crore to 3.3 lakh unitholders in Q2 FY26, with distributions rising 19% year-on-year excluding KRT

IRB Infra to transfer road asset worth ₹1,702 cr to its public InvIT

IRB Infra moves to transfer its ₹1,702-crore Gandeva Ena HAM project to IRB InvIT, aligning with its BEST strategy to unlock capital and support future growth

Godrej Properties buys Bengaluru plot with ₹2,400 crore revenue potential

Godrej Properties has purchased a 3.8-acre land parcel on Sarjapur Road in South Bengaluru with a revenue potential of ₹2,400 crore

Prestige plans up to ₹10,000 crore capex for West India portfolio

Prestige Estates Projects plans ₹8,000-10,000 crore capex to expand its residential and commercial footprint in MMR and Pune, driven by new launches, redevelopment and township-led growth

Changing landscape: India's subpar, ageing malls set for overhaul

Developers converting older malls to mixed-use integrated districts, buoyed by investor interest

IRB Infrastructure Trust secures UP highway project for ₹9,270 crore

Following the addition of the TOT-17 project, toll revenue for the IRB Group's portfolio is expected to rise significantly, while the group's asset base will surpass ₹90,000 crore

High streets hold lead in rental growth as retailers go for visibility

Stagnant rents are largely confined to grade B, grade C malls: Experts

DHL group to invest €1 billion across India units over five years

DHL Group plans to deploy EUR 1 billion in India over CY26-30, expanding warehouses, logistics hubs, automation, & green infrastructure as the country's fast-growing market boosts long-term confidence

Moving India: The ₹2-trillion connectivity projects bet to unclog Mumbai

Metro sprawl, coastal links, and a fading bus fleet - Maximum City's biggest transport makeover yet is racing time, rain, and red tape to keep it moving

Keystone Realtors profit plunges 87% in Q2 FY26 amid accounting shift

Keystone Realtors' Q2 profit fell sharply to Rs 8.55 crore as the developer adopted a new accounting standard while revenue and Ebitda declined even as pre-sales and project launches rose in H1 FY26

IRB Infra Q2 profit up 41% on higher toll revenues and InvIT gains

The infrastructure firm's Q2 FY26 profit rose to Rs 140 crore as toll revenues grew 11% and InvIT-related gains boosted total income

Private credit may bridge real estate's mid-stage funding gap: Report

A Sundaram Alternates report pegs a $15-20 billion opportunity in mid-stage construction financing, as banks and NBFCs pull back. ESG-focused private credit could fill the gap

Cement makers to invest ₹1.2 trillion over three years: Crisil Ratings

Capex during FY26-FY28 to be 50% higher than the previous three years; industry to add up to 170 MT of capacity amid strong demand, says Crisil Ratings

Kolte-Patil Developers posts ₹10 cr loss in Q2 FY26 as revenue dips

Pune-based Kolte-Patil Developers reported a ₹10.4-crore loss in Q2 FY26, with revenue falling 55% year-on-year, though sales realisations and collections improved

Bernhard Schulte's India arm buys Mumbai office space for ₹304 crore

BSM, which currently operates from Powai, manages a diverse fleet of vessels including bulk carriers, container ships, and tankers

Housing sales value to rise 19% in FY26 even as volumes stagnate: Anarock

India's housing market could surpass Rs 6.65 trillion in sales value in FY26, led by strong demand for luxury and ultra-luxury homes, even as sales volumes see muted growth, according to Anarock

MMRDA plans ₹1.05 trillion integrated tunnel road network across Mumbai

The 70-km underground corridor will link Coastal Road, BKC, and the airport, creating a third mode of travel beneath the city

JSW Cement posts ₹86 crore profit in Q2 on strong revenue and sales

The cement maker reversed its previous quarter loss, supported by a 17% rise in revenue and higher volumes, even as expansion projects continued across India

Blackstone-backed Nexus Select Trust bullish on consumption growth

Nexus Select Trust targets 13% annual portfolio growth through mall acquisitions and rising consumption, with record festive sales and strong demand across jewellery, fashion, and electronics