Page 16 - Real Estate

Nexus Select Trust Q4 results: Operating income rises 12% to ₹499 crore

Realty firm Nexus Select Trust on Tuesday reported a 12 per cent growth in net operating income (NOI) to Rs 498.6 crore and declared the distribution of Rs 346.3 crore among unitholders for the latest quarter ended March. Nexus Select Trust, which is a retail asset-backed Real Estate Investment Trust (REIT), has 19 shopping malls in its portfolio with a gross leasable area of 10.7 million square feet spread across 15 cities in India. During the 2025-26 fiscal, the company's NOI stood at Rs 1,929.6 crore. It has announced the distribution of Rs 1,375.8 crore (Rs 9.081 per unit) for the last fiscal. Nexus Select Trust is aiming to double its portfolio by 2030 and is actively looking for acquisitions. "Aligned with our strategy to double the portfolio by 2030, we recently announced the acquisition of Diamond Plaza mall in Kolkata, with closing expected in the first half of FY27. We have built a robust acquisition pipeline of 8 retail assets across India, two of them are currently unde

Rustomjee Q4 profit falls 19% despite strong growth in revenue, pre-sales

Keystone Realtors reported lower quarterly profit due to legacy projects, while revenue, pre-sales and project additions recorded strong growth

How PM Modi’s appeal could reshape India’s real estate market final

Prime Minister Narendra Modi’s call to revisit work-from-home amid rising oil prices and the West Asia crisis may sound temporary.

₹55 cr homes: Luxury floor prices in South Delhi up 32% in just one year

Luxury builder floors in some of South Delhi's most sought-after colonies have recorded price increases of up to 32% in just one year, according to a report by Golden Growth Fund.

Office Reits tap hospitality to strengthen integrated campus ecosystems

Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development

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