Interest rate cycle affects the attractiveness of REITs; a longer horizon is essential to overcome its impact
Leading listed real estate developers outperform broader housing market slowdown in FY26, aided by premium housing demand, disciplined launches and strong execution
Blackstone-backed Kolte-Patil Developers reports Q4 FY26 loss as lower revenue recognition offsets strong collections and steady housing sales
Prestige Estates Projects Ltd has posted a 10-fold jump in consolidated net profit to Rs 250.1 crore for the quarter ended March 31, 2026. Its net profit stood at Rs 25 crore in the year-ago period, driven by higher income. Total income also more than doubled to Rs 4,143.5 crore during the January-March period of 2025-26 fiscal from Rs 1,589.3 crore in the corresponding period of the preceding year, according to a regulatory filing on Thursday. During the 2025-26 fiscal year, the company's net profit jumped over two times to Rs 1,195.5 crore from Rs 467.5 crore in the preceding year. Total income rose to Rs 13,195.5 crore last fiscal from Rs 7,735.5 crore during 2024-25. Bengaluru-based Prestige Estates Projects Ltd is one of the leading real estate developers in the country.
India's real estate market is emerging as a preferred investment destination in Asia-Pacific, backed by strong occupier demand, higher yields and rising institutional capital flows
India's renewable energy expansion could drive $10-15 billion in land investments by 2030, boosting demand for warehousing, industrial parks and worker housing
AI helping developers reduce waste, compress timelines, lift profitability
Tata Realty has partnered with Salesforce to deploy AI-powered customer engagement tools aimed at improving responsiveness and lead conversion rates
Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 109.95 crore in the March quarter on better income. The company had posted a net loss of Rs 88 crore in the year-ago period. Total income more than doubled to Rs 1,540.99 crore during the January-March period of 2025-26 from Rs 563.70 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the 2025-26, Puravankara Ltd net profit stood at Rs 56.75 crore as against a net loss of 182.92 crore in the preceding year. Total income increased to Rs 3,846.42 crore last fiscal from Rs 2,093.13 crore in the preceding year. As of March 31, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company's total land bank is 40 million sq ft and ongoing projects add up to 36.69 million sq ft.
Realty firm Signature Global will invest around Rs 3,500 crore this fiscal year on land acquisition in Gurugram region and construction activities as it maintains positive outlook towards housing demand despite global uncertainties, its Chairman Pradeep Aggarwal said. In an interview with PTI, he noted that the Gurugram housing market did face "little bit of softness" on demand side during the second half of the 2025-26 fiscal year, after registering a sharp rally in sales as well as prices during 2022-2024 calendar years. However, Aggarwal strongly believes that the Gurugram housing market would return to normalcy this fiscal year. On the growth plans and targets for 2026-27 fiscal year, he said the company has set a target to achieve 21 per cent growth in sales bookings this fiscal year to Rs 10,000 crore on strong launch pipeline and residual inventories in the under-construction real estate projects. "We will be investing around Rs 2,000 crore on construction activities this ..
Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation
Nabard has acquired leasehold rights to a two-building commercial campus in Mumbai's Bandra-Kurla Complex from MTNL under a deal valued at Rs 350.72 crore
Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27
Credai seeks a blanket three to six-month extension for project deadlines, citing disruptions in material supplies and labour availability
Realty major reports weaker quarterly income even as annual sales bookings remained strong, led by luxury housing projects in Gurugram and Mumbai
In this session, Nitin Lalwani, COO, Aswani Industries, spoke about manufacturing & leadership and provided career guidance.
From Zara To Foot Locker, Global Brands Drive India's Premium Mall Boom
The Blackstone-backed retail Reit reported strong consumption growth, stable occupancy, and higher distributions amid portfolio expansion plans
The real estate developer reported strong growth in profit, revenue, collections, and pre-sales driven by project completions and improved execution
The National Stock Exchange has secured two amalgamated plots in Mumbai's Bandra-Kurla Complex on an 80-year lease for expansion