Page 5 - Real Estate

Rera extension may save stalled housing projects from insolvency risk

Legal experts said that it should not be construed as permitting developers to increase prices for units already sold

DLF Q1 revenue falls 52% on lower sales bookings, profit edges up

Realty major reports a 4% rise in net profit despite a sharp fall in revenue, with deferred project launches weighing on sales bookings during the June quarter

ITC completes Century Pulp acquisition, expands paper business scale

The ₹3,500-crore acquisition makes ITC India's largest integrated paperboards and paper company, raising capacity by over 50% to around 1.5 million tonnes

Kalpataru narrows Q1 loss to ₹27 crore on higher revenue, collections

Realty developer reports higher revenue, pre-sales and collections in Q1, while expanding its project pipeline with luxury launches and a redevelopment project in Mumbai

Nexus Select Trust posts 11% NOI growth on strong leasing, consumption

Blackstone-backed retail Reit reports double-digit growth in consumption, leasing and distributions, while building an acquisition pipeline to expand its portfolio by 2030

Uttar Pradesh logs 53% jump in real estate investment at ₹68,328 crore

This was higher than the capital investments of ₹28,411 crore and ₹44,526 crore in the housing and commercial real estate recorded during calendar years 2023 and 2024 respectively

Property tech firms find new opportunities in real estate through AI

While AI boosts property sales and efficiency, buyers and experts agree human trust remains essential

Embassy Reit has 6.2 msf office development pipeline; eyes Hyderabad entry

Embassy Reit expects strong leasing demand to continue, targets 92 per cent occupancy in FY27 and is evaluating Hyderabad expansion

Innov8 founder Ritesh Malik buys Golf Links bungalow for ₹85 crore

Startup wealth fuels Delhi's trophy home market as Innov8 founder buys ₹85 crore bungalow

Mumbai's Rs 10-cr-plus home sales hit record Rs 18,512 cr; Worli leads boom

Luxury housing transactions cross highest-ever half-yearly mark as demand for Rs 20-40 crore homes surges; secondary market also scales new peak

Prestige Estates Q1 profit drops 19% despite 16% rise in revenue

Higher contractor and land costs weigh on earnings even as revenue, collections and commercial leasing remain strong during the quarter

Knowledge Realty Trust posts 15% growth in Q1 FY27 NOI on strong leasing

The Blackstone- and Sattva-backed Reit reported higher leasing, improved occupancy and rental growth, while remaining optimistic about acquisitions and office demand

Knowledge Realty Q1 results: Net operating income rises 15% to ₹1,243 crore

Knowledge Realty Trust on Tuesday reported 15 per cent increase in its Net Operating Income (NOI) to Rs 1,243.1 crore for the first quarter of this fiscal and announced a record distribution of Rs 751.6 crore to unit holders. In a regulatory filing, the company said its total revenue also grew 15 per cent to Rs 1,111.7 crore during April-June quarter of 2026-27 fiscal. Knowledge Realty Trust, co-sponsored by Sattva Group and Blackstone, is India's largest REIT (real estate investment trust). Its portfolio comprises 29 Grade-A office assets totalling 46.5 million square feet as of June 30, 2026, with 37.3 million square feet of completed Area and 2.6 million square feet under construction area spread across 6 cities in India Knowledge Realty Trust declared a distributions of Rs 751.6 crore or Rs 1.70 per unit for the quarter ended June. Shirish Godbole, Chief Executive Officer of Knowledge Realty Trust, said, "We had a strong start to FY27, with both revenue and NOI growing 15 per

Lloyds Realty secures ₹600 crore rental revenue from Smartworks deal

The developer has leased the entire 182,300 sq ft of its Andheri East commercial tower, The Square, to Smartworks for 15 years

Lodha Developers zooms 99% from April low, hits 11-month high; here's why

In the past month, Lodha Developers outperformed the market by surging 38 per cent, as compared to 0.05 per cent rise in the BSE Sensex and 11 per cent rally in the BSE Realty index.

Lodha Developers to generate land sales of ₹10,000 cr via data centre park

Lodha Developers aims to generate ₹10,000 crore by monetising 150 acres at its Palava data centre park, while expanding its annuity business and data centre portfolio

45.5 mn sq ft leased, 43% driven by GCCs: India's office mkt hits new high

The number behind India's hottest property story: 45.5 million sq ft

TVS ILP plans up to ₹2,700 cr capex in bid to grow warehousing portfolio

The company is evaluating opportunities in cold storage and data centre sectors

Developers rethink IPO plans as housing mkt cools, sentiment becomes muted

Property developers are delaying IPO plans as slower housing demand and weaker market sentiment dampen investor appetite, even as commercial real estate stays resilient

Lodha Developers targets 20% profit growth to ₹4,100 crore in FY27

Realty firm Lodha Developers Ltd is targeting 20 per cent annual growth in net profit this fiscal to Rs 4,100 crore on better demand for its housing properties and strong execution of projects. In its latest investors presentation, Mumbai-based Lodha Developers highlighted that the company has achieved best ever quarterly profit during April-June period of 2026-27 fiscal. The company's profit doubled to Rs 1,373.1 crore in April-June from Rs 675 crore in the year-ago period. On the profit after tax (PAT), Lodha Developers said the company has already achieved 33 per cent of the total guidance of Rs 4,100 crore for the entire 2026-27 fiscal. The PAT margin improved to 26.9 per cent in June quarter of FY27 from 18.6 per cent a year ago. Total income rose to Rs 5,096.7 crore from Rs 3,624.7 crore. During the entire 2025-26 fiscal, Lodha Developers logged a net profit of Rs 3,430.7 crore on a total income of Rs 17,119.5 crore. In the presentation, Lodha Developers noted that the comp