Real Estate Sector
Sobha Q1 Results: Revenue rises 50%, profit more than triples as margins improve
Sobha Ltd. reported a strong June 2026 quarter with a 50% year-on-year revenue rise to ₹1,278.2 crore and a net profit tripling to ₹50.8 crore. Despite a 35.7% sequential revenue decline, operating margins improved significantly.
2 min read20 Jul 2026Oberoi Realty’s NCR debut spurs growth visibility with solid bookings
Oberoi Realty's debut NCR launch, Three Sixty North, booked ₹8,109 crore—more than the company's entire FY26 sales. Brokerages have raised price targets and growth estimates, though a heavy MMR-focused pipeline and demand risks remain.
2 min read8 Jul 2026Sobha sets decent base for FY27 with record Q1 bookings
Sobha's Q1FY27 bookings hit a record ₹3,656 crore, up over 70% sequentially and year-on-year, driven by strong response to its Hoskote luxury launch. The company is targeting 30% sales growth for the full year, even as rising supply and AI-linked job uncertainty pose watch-points ahead.
1 min read6 Jul 2026Affordable housing push falters as PSU banks meet just a third of FY26 goals
Public sector banks sanctioned 191,000 loans in FY26 for the low- and middle-income sections, against a target of 643,000, underscoring the issues around limited supply of affordable homes, tough credit checks and tedious paperwork.
4 min read17 Jun 2026REITs distribute ₹8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over ₹8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
2 min read2 Jun 2026DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
Dev Accelerator's expansion into Bengaluru is set to create over 1,200 seats, boosting the company's revenue by ₹2.2 crore monthly.
2 min read2 Jun 2026Godrej Properties targets ₹39,000 crore in sales for FY27 after record-breaking year
In FY26, GPL's sales bookings rose 16% year-on-year to ₹34,171 crore. That was achieved through the sale of 17,513 units spanning 27 million sq ft, the highest ever by an Indian real estate firm.
2 min read4 May 2026Certus Capital to invest ₹2000 cr in housing, mixed-use projects in FY27
The push comes amid a surge in capital flows into Indian real estate, with investments hitting a record $14.3 billion in 2025, up 25% year-on-year
2 min read20 Apr 2026High-street rents outpace malls as brands chase visibility
Tight premium mall supply has pushed retailers to high streets, even as a fresh wave of mall space is set to hit top cities.
2 min read13 Apr 2026Planning to gift a house to your spouse? The tax department may know
Sub-registrars must now report property gift deeds above ₹45 lakh to the tax department, bringing such transfers into taxpayers’ AIS and tightening scrutiny on clubbing-rule violations.
2 min read8 Apr 2026Wait for it…
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