Page 13 - Real Estate

Godrej Properties aims 14% rise in pre-sales in FY27: Pirojsha Godrej

Godrej Properties is expecting to maintain its growth trajectory on strong consumer demand for homes and has set a target to achieve a 14 per cent increase in pre-sales this fiscal to Rs 39,000 crore, its executive chairperson Pirojsha Godrej said. In an interview with PTI, he highlighted that the company has performed very well during the last four years on key financial and operational metrics and said the company sees "no hindrance" in meeting the growth target for the current fiscal despite global uncertainties. However, Pirojsha said the company would remain "watchful" and "careful" to uncertainties caused by West Asia conflict for making any adjustment in its business plan. "We are feeling pretty good about the year ahead. Of course, we have to be a little bit careful with what happens globally. But, overall, feeling pretty good about where things stand at the moment. Demand continues to be quite strong," he said. Pirojsha noted that the Indian real estate market is witnessin

Oberoi Realty's Q4 FY26 net profit jumps 62.35% amid higher revenues

Oberoi Realty posted strong Q4FY26 earnings driven by higher revenues and bookings, while its board approved raising up to Rs 4,000 crore through NCDs

Indiabulls Real Estate entities settle matter with Sebi for ₹10.5 crore

Sebi settled proceedings against four entities linked to Indiabulls Real Estate after they collectively paid Rs 10.5 crore in a fund diversion case

NeoLiv's Faridabad plotted project clocks ₹1,251 crore sales in hours

NeoLiv said its luxury plotted township project in Faridabad was sold out within six hours of launch, driven by HNIs, NRIs and investors

Wadhwa Group partners with Arisinfra Solutions for ₹650 cr project in MMR

Wadhwa Group has partnered with ArisUnitern RE Solutions for its Wadhwa Wise City township in Panvel to monetise inventory worth ₹650 crore

Brigade Enterprises down 4% as Q4 profit drops 41%; bonus issue announced

Brigade Enterprises reported a consolidated net profit of ₹145.5 crore in Q4FY26, down 41.1 per cent from ₹246.8 crore in the year-ago period

Q1 2026 real estate sentiment weakens amid global uncertainty: Report

India's real estate sentiment slipped into pessimistic territory in Q1 2026 as global uncertainties, rising costs and cautious demand weighed on outlook

Mahindra Lifespaces launches Rs 1,650-crore premium Mumbai project

Mahindra Lifespace Developers has launched Mahindra BeaconHill, an ultra-premium residential tower in Mumbai's Mahalaxmi with a GDV of Rs 1,650 crore

GCC NRIs raise India equity bets; Motilal Oswal AMC gets NPS fund nod

GCC-based NRIs are increasing exposure to Indian equities while real estate sees outflows, as Motilal Oswal Asset Management Company enters the NPS pension fund space

ABREL posts Q4 profit of Rs 11 crore despite decline in bookings

Aditya Birla Real Estate posted a profit in Q4 FY26 against a year-ago loss, though quarterly residential bookings and collections declined year-on-year

Raymond Realty jumps 15% on strong Q4 show; profit up 44%, sales strong

Raymond Realty reported a net profit of 161 crore, up 44 per cent from ₹112 crore in the year-ago period. In the Q3FY26, the company's net profit stood at ₹67 crore

In a first since 2014, DIIs trump FIIs in real estate investments

The growth comes despite extended decision-making timelines driven by global macroeconomic complexity, demonstrating the resilience and fundamental strength of India's real estate market

$30.7 billion surge: India real estate sees record inflows, up 88% in 2 yrs

Sector witnessed the acquisition of ~6,025 acres of land for greenfield developments between 2024-Q1 2026, with capital deployment of $13 billion

Godrej Properties falls 5% despite strong Q4; brokerages see up to 15% gain

Godrej Properties reported a 73 per cent increase in its consolidated profit at ₹650 crore, as compared to ₹376 crore in the year-ago period

Wadia Group's Bombay Realty launches luxury project in Mumbai's Dadar

Wadia Group's Bombay Realty unveils THREE ICC in Dadar, offering premium residences with strong connectivity as demand for luxury housing grows in Mumbai

Godrej Properties posts 70% jump in Q4 net profit on strong bookings

Strong bookings, higher revenues, and robust collections drive Godrej Properties' record quarterly profit, as the company outlines an aggressive growth and launch pipeline for FY27

Real estate projects worth ₹5,770 crore on the anvil in Uttar Pradesh

Fresh ₹5,770-crore proposals across 39 projects signal strong momentum in Uttar Pradesh's housing sector, backed by infrastructure growth and regulatory support

WhiteBoard to launch $100 mn urban assets AIF, target offshore capital

Fund will invest across asset classes such as data centres, warehousing and housing, with a $100 million corpus and equal greenshoe, targeting offshore investors

Lodha Developers aims 2.5x jump in annual PAT to ₹8,500 cr by FY31: MD

Realty firm Lodha Developers Ltd aims for a 2.5 times jump in its annual net profit to over Rs 8,500 crore by the 2030-31 fiscal year as it remains bullish on demand for homes and commercial properties. In a conference call with analysts, Lodha Developers MD and CEO Abhishek Lodha highlighted the company's strong growth since listing on stock exchanges in April 2021. "In fiscal '21, which was the peak of COVID, we did Rs 60 billion of pre-sales. In FY26, we did Rs 205 billion, a 28 per cent CAGR (compounded annual growth rate)," Abhishek said. More importantly, he added, the PAT (profit after tax) has grown more than 6 times over the same period, touching Rs 3,430 crore this year with a 20 per cent margin. "Over the medium term, our goal is focused on 20 per cent CAGR in PAT and therefore, moving from about Rs 34 billion for fiscal '26 to more than Rs 85 billion by fiscal '31," said Abhishek, according to a transcript uploaded on stock exchanges. "The building blocks are all in pl

Apartment prices rise up to 20% in Jan-March across Delhi-NCR, other cities

Apartment prices rose across top cities in Q1 2026, with demand lagging new launches and premium homes driving market activity