10 Feb 2026

Sri Lotus Developers & Realty Ltd has reported a 37 per cent year-on-year increase in consolidated net profit for the December quarter, supported by a sharp rise in total income. The Mumbai-based developer said its net profit stood at INR 70.22 crore during the quarter, compared with INR 51.35 crore in the corresponding period of the previous year. Total income more than doubled to INR 239.78 crore from INR 123.59 crore in the year-ago quarter, according to a regulatory filing made earlier this week. Incorporated in 2015, Sri Lotus Developers has completed four real estate projects and continues to expand its development pipeline through a combination of ongoing and upcoming projects across a significant carpet and saleable area footprint.Read more

10 Feb 2026

Shapoorji Pallonji Housing has announced Shapoorji Pallonji One Estate, a premium row house project within the 30-acre Joyville Howrah township near Santragachi. Spread over 8 acres, the project will offer 180 row houses designed to combine independent living with the security of a gated community. Joyville Howrah already houses over 800 families and allocates nearly 75 per cent of its area to open spaces. Strong transport connectivity and access to shared amenities remain key features of the development.Read more

10 Feb 2026

Noida Authority has opened applications for a fresh round of plot allotments across corporate office, commercial builder, hotel, group housing and religious categories through an online auction process. The offering includes plots of varied sizes spread across multiple sectors, with reserve prices ranging from about INR 1 crore to nearly INR 800 crore depending on use and location. While most plots will be allotted through e-auction, religious plots will follow an interview-based process. The move continues the authority's push for transparent land allocation.Read more

09 Feb 2026

Arvind SmartSpaces Ltd has acquired a 4.7-acre land parcel on Sarjapur Road, Bengaluru, on an outright basis to develop a residential housing project with an estimated saleable area of around 6.8 lakh sq ft. The project carries a topline revenue potential of approximately INR 860 crore and marks a further expansion of the company's vertical residential portfolio in the city. The acquisition strengthens Arvind SmartSpaces presence in one of Bengaluru's key residential corridors, following its earlier additions in the market. The developer entered Bengaluru in 2013 and has steadily expanded its footprint across the region. With multiple projects already delivered and several under development, the company continues to focus on high-growth urban markets as part of its broader residential expansion strategy.Read more

09 Feb 2026

Oberoi Realty has emerged as the highest bidder for an 11-acre railway land parcel in Bandra East, Mumbai, with a bid of INR 5,400 crore. The land, offered by the Railway Land Development Authority on a 99-year lease, has a development potential of around 19.50 lakh sq ft. Financial bids were opened during the past week, and the company is awaiting further steps from RLDA. The development comes alongside a marginal rise in the company's quarterly profit and income.Read more

08 Feb 2026

Keystone Realtors Limited, which operates under the Rustomjee brand, has reported strong operating and financial performance in Q3FY26, supported by steady housing demand and an active launch pipeline. The Mumbai Metropolitan Region-based developer recorded pre-sales of INR 8.37 bn during the quarter, taking year-to-date FY26 pre-sales to INR 26.76 bn, marking a 23% increase over the same period last year. During the first nine months of FY26, the company launched five projects with a combined gross development value of INR 58.35 bn, achieving over four-fifths of its full-year guidance. It also added four new projects with a GDV of INR 86.49 bn, surpassing its annual acquisition target, underlining a robust expansion strategy focused on redevelopment-led growth.Read more

08 Feb 2026

DLF has agreed to sell its IT/ITeS SEZ property and adjacent land parcel in Kolkata to subsidiaries of Srijan Realty for around INR 670 crore. The transaction includes DLF TechPark II, offering about 10.54 lakh sq ft of gross leasable area, and roughly 8.15 acres of freehold land, along with a 17.75-acre vacant land parcel. In FY2024-25, the SEZ business generated INR 66.88 crore, a minor share of DLF's consolidated turnover. The sale reflects DLF's ongoing strategy to optimize its portfolio and focus on core high-value assets.Read more

08 Feb 2026

Godrej Properties Ltd has launched a structured mental health and wellbeing initiative for construction workers across all its project sites, marking a significant expansion of its labour welfare measures. Branded as Godrej Sahyog, the programme follows the successful completion of a six-month pilot conducted across six construction sites in the Mumbai Metropolitan Region. The initiative is now being extended to 79 identified project sites, covering around 30,000 workers across key markets such as Mumbai, Delhi-NCR, Bengaluru, Chennai, Pune, Hyderabad, Kolkata, Gujarat and Chhattisgarh. Implemented in partnership with mental health services provider 1to1 Help, the programme includes on-site group sessions, individual counselling and a 24x7 helpline for crisis support. The company indicated that the initiative reflects its broader commitment to worker wellbeing across its construction ecosystem.Read more

07 Feb 2026

Pune-headquartered real estate developer Mantra Group has appointed Raghu G Iyer as its chief revenue officer, effective 2 February 2026, as part of its efforts to strengthen revenue planning and sales execution across markets. In his new role, Iyer will oversee sales, marketing, channel partnerships and growth initiatives, working closely with the leadership team to support the company's expansion strategy. With over 14 years of experience in the Indian real estate sector, Iyer brings a strong background in residential sales, revenue planning and operational execution. His appointment comes at a time when Mantra Group continues to expand its residential portfolio and sharpen its market presence. The company believes the addition of a dedicated revenue leadership role will help enhance performance, improve scalability and support long-term growth objectives.Read more

Hyderabad News Desk

07 Feb 2026

Makuta Developers has joined hands with CREDAI Hyderabad as the exclusive presenting partner for the Credai Hyderabad Property Show 2026, scheduled to be held from February 6 to 8. Organised by the Hyderabad chapter of the Confederation of Real Estate Developers Associations of India, the three-day property expo is expected to bring together leading developers and showcase a wide range of residential and commercial projects across the city. Makuta Developers will present its full portfolio at Stall PP2, highlighting its focus on quality-led, customer-centric development. The collaboration underlines the developer's growing presence in the Hyderabad real estate market and its intent to engage directly with homebuyers and investors at a key industry platform.Read more