Page 3 - Prachi Pisal

RBI rate cut: Real estate firms expect mid-housing segments to thrive

Niranjan Hiranandani, chairman of the National Real Estate Development Council and co-founder and managing director (MD) of Mumbai-based Hiranandani Group, said

Sobha Q3 FY25 results: Net profit rises over 43% to Rs 21.7 crore

The company's total expenses during the third quarter of FY25 surged by 77.30 per cent Y-o-Y

India's student housing market expected to expand as demand rises

Student enrolment in higher education was 43.3 million in 2021-22, increasing 26.5 per cent from 34.2 million in 2014-15, according to data from the Ministry of Education

Godrej Properties Q3 results: Net profit surges 161% to Rs 162.64 crore

During the quarter, the company's earnings before interest, taxes, depreciation and amortisation (Ebitda) grew by 85 per cent to Rs 280 crore

SWAMIH boosts affordable housing, fund of Rs 15,000 cr to be established

Under the SWAMIH Fund, 50,000 dwelling units in stressed housing projects have been completed, and keys handed over to homebuyers

Mahindra Lifespace Developers' loss widens to Rs 22.5 crore in Q3FY25

The company's pre-sales for the quarter stood at Rs 334 crore, down by 24.61 per cent, year on year (Y-o-Y)

IRB Infra's Q3 FY25 results: Profit jumps multifold to Rs 6,026 crore

The company recognised exceptional gains of Rs 5,804 crore over fair-value assessments

Mumbai sees highest Jan property registrations in 13 years: Knight Frank

About 11,773 properties were registered in January 2025, up 7 per cent Y-o-Y

Prestige Estates' Q3 result: Sales fall 43% amid absence of new launches

The company's revenue from operations also declined by 7.9 per cent YoY

Lodha brothers agree to solve trademark dispute through mediation

Bombay High Court appoints former Supreme Court judge R V Raveendran to mediate matter between real estate tycoons

Brookfield REIT Q3: NOI grows 11% amid rise in occupancy, gross leasing

The REIT declared a distribution of Rs 4.9 per unit for the quarter

Adani Ports Q3: Profit rises 14% amid moderation in cargo volume growth

The YoY cargo growth of 3.6 per cent in Q3 FY25 was offset by coal cargo handled by the company

Panasonic Life Solutions India acquires land parcel in Mumbai for Rs 160 cr

The land, spanning approximately 6,586.90 square metres, was purchased from River Rose Developers LLP, as per the registration documents

Mindspace REIT buys commercial asset in Hyderabad for Rs 2,038 crore

Property in city central business district will 'enhance portfolio', says Mindspace

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore

The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY

Embassy REIT Q3 results: NOI rises 9.1% amid strong office demand

The REIT declared a distribution of Rs 559 crore, or Rs 5.90 per unit, for Q3 FY2025

JSW Infra Q3FY25 results: Net profit grows 31% amid higher cargo volumes

In Q3 FY25, the company handled cargo volumes of 29.4 million tonnes, up 5 per cent Y-o-Y

Bombay HC asks Lodha brothers to mediate, resolve trademark dispute

Earlier this month, Macrotech Developers had filed the suit before the Bombay HC against HoABL over the use of the name 'Lodha,' seeking Rs 5,000 crore in damages

Arkade Developers Q3FY25 results: Net profit rises marginally to Rs 50.1 cr

The company recorded pre-sales of Rs 220 crore during Q3 FY25

Hudco Q3 results: PAT grows 41.6% to Rs 735 cr, revenue at Rs 2,760.23 cr

The company recently committed funding of Rs 25,000 crore for port development