22 Oct 2025

Sunteck Realty Limited recorded steady growth in its financial performance for the second quarter and first half of FY26. The company reported a 34% rise in pre-sales to around INR 702 cr and a 24% increase in collections to nearly INR 331 cr. Revenue from operations climbed 49% to approximately INR 252 cr, while EBITDA more than doubled to INR 78 cr. Profit after tax (PAT) stood at INR 49 cr, up 41%. For the first half, pre-sales reached INR 1,359 cr, and EBITDA rose 83% to INR 126 cr. Sunteck also secured two new projects in Andheri and Mira Road and achieved a top ESG rating in the 2025 GRESB assessment.Read more

22 Oct 2025

HooLiv, a co-living and student housing start-up, has raised INR 24 crore from investors led by Negen Capital to boost its expansion in non-metro cities. Founded by Chinmoy Mishra, Rasmi Mishra, Gaurav Vij, and Abhishek Verma, the company plans to use the funds for acquiring beds, enhancing its brand presence, and upgrading its property management technology. CEO Chinmoy Mishra highlighted the sector's transformation, citing future consolidation and stronger university partnerships. With this funding, HooLiv aims to scale its portfolio, strengthen operations, and address India's growing need for organised student housing beyond major urban centres.Read more

22 Oct 2025

Units of Anantam Highways Trust saw a strong start after listing on the BSE and NSE, reflecting solid investor interest in infrastructure assets. On the BSE, the units opened above the issue price, surged to a high of INR 114, and closed at INR 104.98, up nearly 5%. On the NSE, the units listed at INR 103 and ended at INR 105.37, gaining over 5%. The trust, set up to own and operate road assets in India, had a well-subscribed INR 400-crore IPO, with proceeds intended for infrastructure projects, debt repayment, and corporate requirements.Read more

22 Oct 2025

Maharashtra Metro Rail Corporation Limited (MahaMetro) is planning to monetize its environmental efforts in the Nagpur and Pune metro projects by trading carbon credits. The corporation has floated a tender to hire a consultant who will quantify and document emissions reductions from initiatives like solar power use, regenerative braking, and a modal shift from road to rail transport. The consultant will manage the process from survey and carbon accounting to international registration under programs such as UN CDM, VERRA VCS, and India's emerging domestic carbon market, enabling verified carbon credits to generate revenue over a seven-year operational cycle.Read more

21 Oct 2025

IRB InvIT Fund, sponsored by IRB Infrastructure Developers Ltd, raised INR 3,248.43 crore through an institutional placement of units, marking its first fund-raising since the 2017 launch. Investors holding more than 5% of units, excluding the sponsor, include Anahera Investment Pte. Ltd., Kotak Mahindra Bank, and CIM Investment Fund ICAV. The proceeds will partly fund the acquisition of three BOT highway assets: Hapur-Moradabad, Kaithal-Rajasthan Border, and Kishangarh-Gulabpura, with the associated Private InvIT expected to receive around INR 4,905 crore. This infusion positions the fund to pursue additional highway projects worth over INR 15,000 crore, strengthening IRB Group's development pipeline.Read more

21 Oct 2025

India has set an ambitious goal to attract INR 80 lakh crore (approximately USD 1 trillion) in investments to its maritime sector by 2047. This initiative, part of the Maritime Amrit Kaal Vision, aims to position India among the top five shipbuilding nations globally. The strategy includes enhancing port infrastructure, expanding shipbuilding capabilities, and creating 1.5 crore jobs. The India Maritime Week (IMW) 2025, scheduled from late October in Mumbai, is expected to play a pivotal role in advancing these objectives.Read more

21 Oct 2025

Mumbai-based Arkade Developers Ltd recorded an increase in its consolidated net profit during the past quarter, supported by higher income from operations. The real estate firm reported improved earnings compared with the same period last year, reflecting the steady demand for its residential projects. The company has already delivered more than 5.5 million square feet of real estate developments, with another 2 million square feet currently under construction.Read more

21 Oct 2025

The Municipal Corporation of Delhi has rolled out a fully digital system for property tax dues and deposit certificates. Property-owners can now retrieve detailed tax records and certificates instantly via the MCD portal, removing the need for manual visits and middlemen. The service is currently free during its pilot phase, though a nominal charge may be introduced once the system is officially adopted. This shift promises faster processing and greater transparency in real estate transactions.Read more

20 Oct 2025

Signature Global Ltd is set to raise INR 875 crore through private placement of 87,500 non-convertible debentures, each valued at INR 1 lakh, carrying an 11 per cent coupon rate and a tenure of just over three years. The allotment is planned for mid-October, with maturity expected in early 2029. Gurugram-based Signature Global, one of India's top real estate developers, achieved property sales worth INR 10,290 crore in 2024-25 and aims for INR 12,500 crore in pre-sales this fiscal, signaling strong operational growth and sustained investor interest.Read more

20 Oct 2025

Umiya Buildcon Limited reported exceptional performance in the past quarter, achieving strong growth across its real estate and telecom divisions. The company recorded consolidated revenue of INR 20.57 crore, marking a significant quarterly and annual increase. Its EBITDA rose to INR 12.88 crore and net profit surged to INR 6.70 crore, supported by higher demand and operational efficiency. With new product launches and leadership appointments, the company reinforced its commitment to innovation, quality execution, and the government's Make in India initiative.Read more