15 May 2026

Sri Lotus Developers and Realty Ltd reported an 11 per cent increase in consolidated net profit during the quarter ended March 2026, supported by higher income and continued activity across its real estate portfolio. The Mumbai-based developer posted consolidated net profit of INR 95.57 crore during the fourth quarter compared to INR 85.75 crore in the corresponding period last year. Total income for the quarter rose to INR 322.03 crore from INR 198.13 crore a year earlier. During the full financial year 2025–26, the company recorded consolidated net profit of INR 237.08 crore and total income of INR 818.71 crore. The latest performance reflects continued momentum in the residential real estate market, particularly across premium urban housing segments where organised developers have continued to witness steady demand and improved financial performance.Read more

Hyderabad News Desk

15 May 2026

Millenia WB Yield Fund, launched by WhiteBoard Advisory & Management and Casagrand, has made its first investment of INR 41 crore in a villa project in Hyderabad with an estimated revenue potential of nearly INR 400 crore. The SEBI-approved Category II AIF plans to raise INR 500 crore to fund residential developments across southern India, mainly in Hyderabad, Bengaluru and Chennai. The platform is targeting multiple investments during 2026 as institutional funding activity continues to rise in the housing sector amid sustained residential demand and increasing need for structured project financing.Read more

14 May 2026

• Puravankara Limited said its subsidiary, Starworth Infrastructure and Construction Limited, has received a Letter of Intent for a Westin hotel project.
• The contract value of the project stands at INR 578.1 million.
• The company did not disclose the location, execution timeline, or client details of the project.
• The order adds to Starworth Infrastructure’s growing construction and infrastructure portfolio.
• The development comes amid rising activity in India’s hospitality and premium hotel development sector.Read more

13 May 2026

Keystone Realtors Ltd reported a decline in consolidated net profit for the March quarter as higher operating expenses weighed on earnings despite a sharp increase in total income. The company’s revenue more than doubled during the quarter, supported by strong business activity and project execution. However, rising costs impacted profitability both quarterly and annually. During the last fiscal year, the Mumbai-based developer also recorded a significant drop in annual profit even as income increased. Keystone Realtors, which operates under the Rustomjee brand, continues to maintain a strong development pipeline across the Mumbai Metropolitan Region with several ongoing and upcoming projects.Read more

12 May 2026

US-based technology company Adobe has opened a new office campus in Noida, expanding its India footprint with its seventh office in the country. Located in Sector 129, the facility will accommodate more than 700 employees across engineering and customer-focused functions. The expansion comes as Adobe increases investments linked to artificial intelligence, digital products and enterprise technologies in India, which remains the company’s largest workforce base outside the United States. Adobe stated that its India operations, established in 1997 as an engineering research and development centre, now employ more than 8,000 people and contribute over one-third of its global innovation output. The office launch follows recent strategic initiatives by the company, including partnerships and educational access programmes aimed at expanding adoption of AI-powered creative and document management tools across the Indian market.Read more

11 May 2026

Arisinfra Solutions subsidiary ArisUnitern RE Solutions has entered into an eight-month Developer-as-a-Service (DaaS) engagement with The Wadhwa Group for the Wadhwa Wise City township in Panvel, Maharashtra. The mandate covers inventory monetisation linked to a gross development value (GDV) of around INR 650 crore, with plans to release an additional INR 400–450 crore worth of inventory over time. The collaboration will see Arisinfra deploy its technology-led execution platform across construction monitoring, sales management, CRM systems, channel partner tracking and cashflow oversight. The companies said the arrangement is intended to improve execution efficiency and accelerate sales momentum at the integrated township project, which includes residential, retail, commercial and civic infrastructure components.Read more

11 May 2026

Brigade Enterprises Ltd reported a 24 per cent year-on-year decline in consolidated net profit to INR 190.70 crore during the March quarter, while total income remained largely flat at INR 1,523.11 crore. Despite the quarterly decline, the Bengaluru-based real estate developer recorded higher annual profit and income for FY26, supported by improved sales momentum and stronger project absorption. The company’s board also approved a final dividend of INR 2 per equity share and recommended a 1:3 bonus share issue, subject to shareholder approval. Brigade Enterprises stated that pre-sales during the fourth quarter rose sharply on a sequential basis, driven by new project launches and improved pricing realisations across its residential portfolio.Read more

10 May 2026

Sattva Group has launched its first residential project in Mumbai, Sattva Sumera, a redevelopment scheme in Parel with an estimated gross development value of INR 5,500 crore. The two-acre project will feature twin high-rise towers with over 20 lakh sq ft development potential and around 500 units in the first phase. Offering 2 and 3 BHK configurations, the project is positioned within a well-connected central corridor benefiting from infrastructure upgrades such as the Sewri–Worli Connector and Metro Line 11. The launch marks the developer’s entry into Mumbai’s redevelopment-driven housing market.Read more

10 May 2026

Divyansh Group has completed over 25 years of operations in the Delhi-NCR residential market, with a portfolio spanning more than 5.7 million sq ft delivered and 4.4 million sq ft under construction. The developer, active across Ghaziabad, Noida and adjoining micro-markets, is targeting delivery of over 2,200 homes in the next three years. Its ongoing and upcoming projects across Siddharth Vihar, Hapur and Wave City reflect continued expansion within mid and upper mid-income housing segments, with a focus on execution and delivery timelines.Read more

10 May 2026

K Raheja Corp Homes has launched Raheja Vistas, a 7.5-acre low-density residential project in Baner Annex, West Pune, marking its entry into an emerging micro-market. The RERA-registered development will offer 2, 3 and 4 BHK units with private decks and is scheduled for completion by 2031. Around 75 per cent of the land has been allocated to open spaces, with over 40 amenities planned. The project is positioned within a larger township and incorporates sustainability features such as solar power, wastewater recycling and EV charging. The launch aligns with ongoing infrastructure investments in Pune, including metro expansion and proposed high-speed rail connectivity.Read more