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Ahmedabad Civic Body Starts Asset Monetisation to Boost Revenue

AHMEDABAD: The Asset Monetisation Cell (AMC) of the city is making its inaugural move to devise a strategy for evaluating and selling both AMC-owned and leased properties. Established in March 2025, the cell has issued a tender to appoint a consultant, with selections set to be finalized next month. This collaboration will aim to develop an effective sales strategy. The selected consultant will chiefly target the sale of 4,113 leasehold properties, including the notable Municipal Market located on CG Road. Bidders have until January 31 to submit their proposals, with an expected total property valuation exceeding Rs 2,000 crore. Moreover,…

Budget 2026: Govt to Speed Up CPSE Real Estate via REITs

“Over the years, REITs have emerged as a successful instrument for asset monetisation. I propose to accelerate recycling of significant real estate assets of CPSEs through the setting up of dedicated REITs,” said FM. In her Union Budget address on February 1, Finance Minister Nirmala Sitharaman proposed to hasten the monetisation of real estate assets owned by central public sector enterprises (CPSEs) via dedicated Real Estate Investment Trusts (REITs), aiming to unlock capital in established public assets. “Over the years, REITs have emerged as a successful instrument for asset monetisation. I propose to accelerate recycling of significant real estate assets…

DLF’s Net Profit Up 1.10% to ₹4,414.68 Crore in FY26

NEW DELHI: DLF has announced a 1.10% increase in its net consolidated profit for the financial year 2025-26. The profit after tax reached ₹4,414.68 crore, up from ₹4,366.82 crore in FY25, as reported in a filing to the BSE. The company’s net consolidated total income was ₹9,816.04 crore in FY26, representing a 9.12% rise from ₹8,995.89 crore in FY25. In Q4 FY26, net consolidated total income fell by 37.46%, totaling ₹2,093.82 crore compared to ₹3,347.77 crore in the same quarter last year. Additionally, profit after tax declined by 1.06%, settling at ₹1,268.56 crore in Q4 FY26, down from ₹1,282.20 crore…