28 Jan 2026

Raymond Real Estate Ltd reported a sharp year-on-year improvement in its financial performance during the third quarter of the current financial year, driven by a strong rise in income and steady residential sales momentum. The company posted a substantial increase in consolidated net profit compared to the same quarter last year, reflecting the scale-up of project execution and improved operational performance. Total income during the quarter rose significantly, supported by higher construction progress and customer collections. Performance for the first nine months of the fiscal also showed a marked improvement, with both profit and income recording multi-fold growth over the year-ago period. Sales activity remained healthy during the December quarter, with the company achieving notable booking value, indicating sustained homebuyer demand. Raymond Real Estate maintained a moderate net debt position at the end of the quarter, providing balance sheet stability as it continues to expand its residential portfolio across key urban markets.Read more

28 Jan 2026

Mindspace Business Parks REIT reported a robust performance in the December quarter of FY26, driven by sustained demand for Grade A office assets and improved portfolio execution. Consolidated net profit rose sharply year-on-year, supported by higher total income and a significant increase in net operating income. The REIT also announced a higher quarterly distribution, reflecting stable cash flows and operational strength. Leasing activity remained healthy during the quarter, with committed occupancy improving sequentially, underscoring strong tenant traction across its office portfolio. Management highlighted that the operating momentum translated into improved financial outcomes and reaffirmed its focus on pursuing value-accretive acquisitions. Over the first nine months of the fiscal, Mindspace REIT continued to report steady growth in profits and income, reinforcing its position as one of the leading owners of rent-yielding office assets in India.Read more

28 Jan 2026

DLF Ltd has sold properties worth INR 79,885 crore across its projects, but only INR 24,460 crore has been recognised as revenue till the December quarter, leaving INR 55,425 crore yet to be accounted for. The company mainly develops residential projects in Delhi-NCR, Mumbai, and the Tri-city region, taking advances from customers before revenue recognition. While sales bookings declined 16% to INR 16,176 crore in the first nine months due to lower new home supply, DLF reported a 14% rise in quarterly net profit and continues to hold strong development and leasing potential across residential and commercial segments.Read more

28 Jan 2026

Mumbai-based real estate developer Arkade Developers has unveiled plans to launch five new residential projects across the Mumbai Metropolitan Region (MMR) in calendar year 2026, with a combined gross revenue potential exceeding INR 3,700 crore, according to the company's announcement. The projects are expected to span key micro-markets including Goregaon, Thane, Borivali, Malad and Santacruz and will be backed by an investment of around INR 2,500 crore. Arkade said the broader real estate market outlook remains positive amid a softening interest rate environment and improving homebuyer sentiment. In addition to the five planned launches, the developer also noted ongoing execution momentum, with two additional occupation certificates targeted in the current quarter. The projected launches reflect the company's focus on premium residential developments and its continued expansion across Mumbai's core and suburban corridors.Read more

27 Jan 2026

Trident Realty has announced plans to invest around INR 1,200 crore to develop a large-scale integrated township in Panipat, Haryana, as part of its ongoing expansion strategy. The 125-acre project, branded as Trident Parktown, will offer a mix of residential plots, independent floors, group housing and commercial spaces, targeting end-users and investors in the region. The Gurugram-based developer has already launched the first phase of the township, introducing more than 400 residential plots with sizes starting from 200 sq yd. The company cited strong demand for plotted developments in Panipat as a key driver for the project. With this development, Trident Realty aims to strengthen its footprint beyond major metros by tapping into high-growth regional markets.Read more

27 Jan 2026

Real estate developer Elan Group has awarded an INR 840 crore construction contract to Tata Projects for its newly launched luxury residential development in Gurugram. The contract covers construction works for Elan The Statement a high-end housing project located in Sector 49. Spread across six acres, the development will comprise 230 apartments, with Elan Group committing a total investment of around INR 1,600 crore for the project. The developer stated that the appointment of Tata Projects reflects its focus on engineering expertise, execution capability and delivery reliability for large-scale residential developments. With this project, Elan Group aims to strengthen its presence in Gurugram's premium housing segment, while Tata Projects adds another significant residential assignment to its portfolio in the National Capital Region.Read more

27 Jan 2026

DLF Ltd has announced plans to launch its first senior living housing project in Gurugram during the current quarter, marking its entry into the senior housing segment. The project is expected to have an estimated revenue potential of around INR 2,000 crore and forms part of the company's broader residential expansion strategy. Management remains confident about housing demand in Gurugram, particularly for established developers, and has reiterated its pre-sales guidance of INR 20,000-22,000 crore for the ongoing financial year. The company attributed muted sales in the December quarter to the temporary pause in bookings at its ultra-luxury project, The Dahlias, and the absence of new launches. With sales at The Dahlias resuming and multiple launches planned across key markets, DLF expects momentum to improve over the coming quarters.Read more

27 Jan 2026

Embassy Developments Ltd is expecting a sharp rise in residential sales bookings during the current financial year, driven by strong housing demand and fresh project launches in the Mumbai Metropolitan Region. The company's management has indicated that bookings could increase to around INR 5,000 crore, nearly two-and-a-half times the level recorded last year. Momentum has picked up following the takeover of Indiabulls Real Estate, with sales already crossing INR 2,000 crore in the first nine months of the fiscal. New luxury launches in Mumbai and sustained sales in existing projects are expected to support growth. The developer is also investing heavily in completing legacy projects while expanding its footprint in premium residential markets.Read more

26 Jan 2026

Fujiyama Power Systems has commissioned a 1 GW solar cell manufacturing plant at Dadri, Uttar Pradesh, with an investment of INR 300 crore, strengthening its domestic manufacturing capabilities. The new facility supports the company's backward integration strategy by bringing solar cell production in-house, reducing dependence on imports and improving supply stability. The entire capacity will be used for captive consumption to support Fujiyama's solar panel operations, taking its total panel manufacturing capacity to 1.6 GW. Completed within six months, the plant will produce mono PERC DCR solar cells that comply with India's domestic content requirement (DCR) norms, enabling participation in government-backed solar programmes and reinforcing the push for local manufacturing in the renewable energy sector.Read more

26 Jan 2026

Concord Control Systems Ltd, through its wholly owned subsidiary Advance Rail Controls Pvt Ltd, has secured a contract worth approximately INR 47 crore from NTPC Limited to develop a green hydrogen hybrid locomotive propulsion system. The order involves supplying equipment for a 3,100 horsepower hydrogen-fuelled locomotive that will be retrofitted for operations at NTPC's Sipat facility in Chhattisgarh, and is expected to be completed within about 18 months. This marks a significant step in sustainable rail mobility and aligns with efforts to decarbonise heavy-duty rail transport. The high-horsepower conversion places India at the forefront of global hydrogen rail innovation, far surpassing earlier benchmarks, and supports broader goals to adopt cleaner fuels and reduce carbon emissions in the transport sector.Read more