Confident Group founder C.J. Roy dies by suicide in Bengaluru amid reported income tax raids, police say investigation is underway
Brookfield India Real Estate Trust has posted more than eight fold jump in consolidated net profit at Rs 201.22 crore for the quarter ended December 2025. Its net profit stood at Rs 23.42 crore in the year-ago period. Total income rose to Rs 727.86 crore during October-December period of this fiscal from Rs 635.38 crore a year ago, according to a regulatory filing. The company also declared distribution of Rs 404.66 crore or Rs 5.40 per unit to the unitholders, for the quarter. Brookfield India REIT manages 11 Grade A office assets in Delhi, Mumbai, Bengaluru, Gurugram, Noida, Kolkata. Its portfolio consists of 37 million square feet of total leasable area, comprising 32.4 million square feet of operating area, 0.6 million square feet of under construction area and 4 million sq ft of future development potential.
Global companies remained major demand driver for office space in India during 2025 as they leased nearly 60 per cent of ofifce spaces in India's seven major cities to expand their businesses, according to JLL India. According to data by real estate consultant JLL India, the gross leasing of office spaces rose by 8 per cent to record 83.3 million square feet last year across seven major cities from 77.2 million square feet in the preceding year. These seven cities are Mumbai, Bengaluru, Delhi-NCR, Pune, Hyderabad, Chennai and Kolkata. Out of the total leasing, the global firms took on lease 48.6 million square feet office last year, contributing 58 per cent to the total office demand. Availability of skilled English speaking talent and supply of premium office space at a very affordable rentals are the major factors that attract global firms to invest in India. Global firms took 31.4 million square feet area for setting up of Global Capability Centres (GCCs). Domestic firms absor
Realty firm Embassy Developments Ltd's sales bookings will jump two-and-a-half times to Rs 5,000 crore this fiscal on strong housing demand, a top company official said. In an interview with PTI, Embassy Developments Ltd (EDL) Managing Director Aditya Virwani noted that the company's business activities have now gathered pace after the takeover of Indiabulls Real Estate (IBREL). "We have sold properties worth about Rs 2,000 crore in the first nine months of this fiscal," he said. Virwani expressed confidence that the company would be able to sell housing properties worth Rs 3,000 crore during the current quarter with the help of new launches of residential properties in Mumbai Metropolitan Region (MMR) as well as sustenance sales in the existing projects. Embassy Developments clocked sales of Rs 2,031 crore last fiscal as against Rs 1,838 crore in 2023-24. Virwani said the company is now completely focusing on completing a few legacy housing projects and also launching new ...
Realty major DLF and GIC joint venture DCCDL's rental income rose 18 per cent to Rs 1,412 crore in the December quarter amid strong demand for premium office and retail spaces. DLF Cyber City Developers Ltd (DCCDL) rental income stood at Rs 1,193 crore in the year-ago period, according to DLF's latest investors presentation. DLF holds nearly 67 per cent stake in DCCDL while Singapore's sovereign wealth fund GIC has the remaining equity shareholding. At present, DCCDL has a total operational portfolio of 44.3 million square feet area, comprising prime office and retail spaces. Around 4 million square feet is retail area and the rest is office spaces. On financial performance front, DCCDL's net profit before exceptional item rose 40 per cent to Rs 717 crore during the third quarter of this fiscal from Rs 514 crore in the year-ago period. Total revenue grew 17 per cent to Rs 1,878 crore from Rs 1,605 crore. Its net debt stood at Rs 16,976 crore at the end of the latest December ...
Realty firm ASF Group has raised Rs 1,250 crore from Alpha Alternatives to fund its ongoing prime office campus in Gurugram and reduce debt. In a statement on Thursday, the company said it has already received Rs 450 crore in funding from Alpha Alternatives and would get the remaining within the next six months. ASF Group's arm, ASF Insignia SEZ Pvt Ltd, is developing a 50-acre integrated commercial IT office campus at Vatsal Valley, Gurugram. ASF Insignia SEZ and its affiliates have secured a commitment of equity and quasi-equity investment of about Rs 1,250 crore from Mumbai-headquartered Alpha Alternatives. Anil Saraf of ASF Group said, "The investment from Alpha Alternatives reinforces the long-term fundamentals of ASF Insignia campus and our strategy of building an institutionally driven office ecosystem". The focus is on balance sheet strength, asset quality and creating a campus that continues to meet the evolving needs of large enterprises and global capability centres, on
Overall, at least 126 land deals involving over 3,772 acres were sealed across the country in 2025, compared with 133 deals spanning 2,514 acres in 2024
According to data sourced from business intelligence platform Tofler, global fashion houses like Christian Dior, Hermes, and Gucci have not crossed the ₹500 crore mark when it comes to revenue in FY25
Embassy Developments will invest Rs 4,500 crore to launch three luxury residential projects in Mumbai with a GDV of Rs 12,000 crore, expanding its MMR footprint from Q4 FY26
The company recently announced plans to launch the first phase of its ₹3,000 crore ultra-luxury residential project in Mumbai's Goregaon West, with the initial phase carrying a GDV of ₹1,250 crore
According to Shrinivas Rao, FRICS, chief executive officer (CEO), Vestian, more than 1,850 GCCs are currently operating in India
Prestige Estates shares rose after the company's announcement of record-breaking operational results for Q3 and 9MFY26, coupled with launch of a new premium residential project in Bengaluru.
At 1:10 PM, Omaxe shares were trading 16.15 per cent higher at ₹84.30 per share. By comparison, BSE Sensex was trading 0.6 per cent lower at 83,371.45 levels.
Infrastructure-led corridors drive growth, but gains are turning selective
Mumbai, Delhi-NCR & Bengaluru see slower sales as home prices stay elevated
Institutional investments in Indian real estate rose 29 per cent to a record USD 8.47 billion last year, despite a 16 per cent drop in foreign fund inflow due to global uncertainties, according to Colliers India. Real estate consultant Colliers India on Tuesday released the data of institutional investments in Indian real estate, showing that the inflow touched an all-time high of USD 8.47 billion in 2025 as against USD 6.56 billion in the preceding year. As per the data, domestic investments more than doubled to USD 4.82 billion last year from USD 2.24 billion during 2024. However, foreign investments dipped 16 per cent to USD 3.65 billion from USD 4.32 billion. The institutional ?ow of funds includes investments by family o?ces, foreign corporate groups, foreign banks, proprietary books, pension funds, private equity, real estate fund-cum-developers, foreign-funded NBFCs, listed REITs, and sovereign wealth funds, Colliers said, adding that the data has been compiled as per availa
Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.
MahaRERA has recovered ₹268.87 crore as homebuyer compensation since May 2017, with Mumbai Suburban leading collections, while cases worth about ₹103 crore remain stalled at NCLT
On the bourses, ABREL Share price surged up to 3.01 per cent to hit an intraday high of ₹1,770.65 per share.
At 9:21 AM, however, the Brigade Enterprises shares pared some gains, but continued to trade 0.8% higher at ₹917.70. In comparison, BSE Sensex was trading 0.15% higher at 85,735.02 levels.