6 hours ago

Suraj Estate Developers reported a 7.4% year-on-year increase in consolidated profit after tax (PAT) to INR 22.85 crore for the quarter ended June 30, 2026. Consolidated total income rose 9.8% to INR 146.23 crore, while EBITDA increased 9% to INR 54.8 crore. The Mumbai-focused developer recorded a 74% rise in sales value to INR 141 crore and a similar increase in sales area to 28,834 sq ft. During the quarter, the company also acquired a Dadar West land parcel for about INR 18 crore, with an estimated gross development value of INR 100 crore.Read more

8 hours ago

Bengaluru-based real estate developer Puravankara Ltd reported a consolidated net profit of INR 25.23 crore for the quarter ended June, compared with a net loss of INR 68.55 crore in the corresponding period a year earlier. The company’s total income increased to INR 877.15 crore during the first quarter of the current financial year from INR 538.64 crore in the same period of the preceding year, according to a regulatory filing. Puravankara is among India’s major real estate developers and has completed 97 projects so far, covering a combined 59 million sq. ft. across nine cities. Its completed project portfolio spans Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune and Goa.Read more

10 hours ago

Max Estates Ltd reported a 30% year-on-year decline in consolidated net profit to INR 8.35 crore for the quarter ended June, compared with INR 11.93 crore in the corresponding period of the previous financial year. The company's total income remained broadly unchanged at INR 80.07 crore during the first quarter of the current fiscal year, against INR 80.12 crore a year earlier, according to a regulatory filing. Established in 2016, Max Estates is the real estate arm of Max Group and has residential and commercial projects across Delhi-NCR. The company also operates Max Asset Services, a real estate services and management business. Its operations are focused on property development and related services within the Delhi-NCR market.Read more

16 hours ago

Hazoor Multi Projects Ltd has secured a INR 28.47-crore contract from the National Highways Authority of India (NHAI) to operate as the user fee collection agency at Madangundi Fee Plaza on NH-31 in Jharkhand. The order was awarded through the e-tender process, according to a regulatory filing by the company. The project is located at kilometre 12.3 of the highway and has a tenure of 12 months. NHAI issued the Letter of Award to Hazoor Multi Projects for the user fee agency engagement. The company operates across renewable energy and infrastructure, including road construction projects undertaken on an engineering, procurement and construction (EPC) basis. The contract adds a highway-related assignment to the company's existing activities in the infrastructure and energy sectors.Read more

18 Aug 2026

Lodha Developers plans to launch 21 housing projects by March 2027, with an estimated revenue potential of INR 24,000 crore, as the developer prepares a larger project pipeline across key markets. The company’s planned launches include seven new projects spanning 5.9 million sq. ft. across the Mumbai Metropolitan Region, Delhi-NCR, Pune and Bengaluru, with a combined revenue potential of INR 9,850 crore. It will also introduce new phases across 14 existing projects covering 9.7 million sq. ft. and carrying an estimated revenue potential of INR 14,210 crore. The planned launches are intended to support the company’s INR 24,000-crore sales bookings target for FY2026-27. Lodha recorded sales bookings of INR 4,630 crore in the April-June quarter, while net profit doubled year-on-year to INR 1,373.1 crore.Read more

18 Aug 2026

Arihant Foundations & Housing Ltd reported a consolidated net profit of INR 240.9 million, or INR 24.09 crore, for the June quarter, according to the company’s latest financial update. Consolidated revenue from operations stood at INR 1.34 billion, or INR 134 crore. The company had reported consolidated revenue of INR 84.89 crore and net profit of INR 16.35 crore in the corresponding quarter of the previous financial year. Arihant operates in residential and commercial real estate development, with its portfolio focused largely on Chennai and surrounding markets.Read more

18 Aug 2026

Brigade Enterprises reported a 37 per cent year-on-year rise in consolidated net profit to INR 216.94 crore in the first quarter of FY27, compared with INR 157.95 crore in the corresponding quarter of the previous fiscal year. However, consolidated total income declined 11.5 per cent to INR 1,179.22 crore from INR 1,332.86 crore. The company recorded overall sales of INR 1,061 crore during the quarter, while average sales realisation rose 21 per cent to INR 14,256 per square foot. Its real estate and leasing businesses also reported growth in key operating parameters.Read more

18 Aug 2026

Shriram Properties reported a 46% year-on-year decline in consolidated net profit to INR 11.04 crore for the quarter ended June 30, 2026, compared with INR 20.59 crore in the corresponding period a year earlier. The decline was primarily attributed to higher expenses, with operational costs and tax outgo increasing during the April-June quarter, while the company also recorded losses from joint venture projects. Total income increased marginally to INR 271.04 crore from INR 261.54 crore. Despite the decline in profit, sales bookings rose 10% to INR 484 crore during the quarter. The developer has a presence in Bengaluru, Chennai, Pune and Kolkata, with 52 delivered projects covering more than 32.9 million sq ft. As of June 30, its pipeline comprised 41 projects with an aggregate development potential of 33.7 million sq ft.Read more

18 Aug 2026

Delhi’s draft Master Plan 2047, approved by the Delhi Development Authority and awaiting clearance from the Centre, has projected a requirement for around 40 lakh additional homes by 2047. The plan proposes a three-pronged housing strategy centred on small-format dwellings, affordable rental housing and new development in land pooling and transit-oriented development zones. With limited land availability, dwelling units measuring 25–60 sqm of carpet area have been proposed to increase supply. The draft also provides for slum rehabilitation, regeneration of existing housing stock, improvements in resettlement and regularised unauthorised colonies, and private-sector participation. Land pooling and transit-oriented development areas alone have the potential to accommodate about 30 lakh dwelling units.Read more

17 Aug 2026

NoBroker and Sumadhura Group are set to host a two-day property expo in Bengaluru, bringing more than 10 Sumadhura projects together at one venue. The event, scheduled for August 15 and 16 at Sheraton Grand Bengaluru Whitefield Hotel & Convention Centre, will allow homebuyers to compare projects, configurations, locations, pricing and payment options directly with the developer. A new Sumadhura project is also expected to be launched exclusively at the expo, with visitors getting early access to project details. Buyers booking during the event can avail of an INR 1 lakh voucher along with other event-specific offers.Read more