Page 6 - Prachi Pisal

MahaRERA issues SOP to fast-track compensation recovery for homebuyers

MahaRERA introduced a detailed SOP to ensure faster compensation recovery from developers, with strict timelines, stronger enforcement, and option of court action in cases of persistent non-compliance

Godrej Properties buys Nagpur land parcel with ₹755 cr revenue potential

The plot offers 1.7 msf of development potential and pushes the company past its Rs 20,000 crore annual BD guidance

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

Top cement companies post strong Q2 on better realisations, volumes

Low base, premium mix and new capacity supported gains

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