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Housing FinanceLatest Stories

Aadhar Housing Finance Q3 FY26 Profit Up 17.49%

NEW DELHI: Aadhar Housing Finance has announced a net consolidated profit increase of 17.49% for the quarter ending December 31, 2025, reaching ₹281.21 crore, compared to ₹239.34 crore in the same quarter last year, as per a BSE filing. The company’s net consolidated total income for Q3 FY26 was ₹943.77 crore, reflecting an 18.32% rise from ₹797.64 crore in the equivalent quarter of the previous fiscal year. Rishi Anand, MD & CEO, noted, “As of December 31, 2025, our Assets Under Management (AUM) reached ₹28,790 crore, marking a 20% year-on-year growth. The current economic environment provides a strong boost for…

IndustryLatest Stories

Nila Spaces’ Q3 FY26 Net Profit Soars 118.45%

NEW DELHI: Nila Spaces, based in Ahmedabad and a subsidiary of the Sambhaav Group, has reported a remarkable 118.45% increase in net consolidated profit for the quarter ending December 31, 2025. The company’s profit after tax rose to ₹8.17 crore in Q3 FY26, compared to ₹3.74 crore in the same quarter of the prior fiscal year, as disclosed in a BSE filing. The total income for the quarter also increased, reaching ₹55.51 crore in Q3 FY26, a growth of 58.28% from ₹35.07 crore in the corresponding quarter last year. Amit R. Chokshi, an independent director, has resigned and consequently will…

Latest StoriesResidential

Aadhaar Authentication Required for Property Registrations in Belagavi

BELAGAVI: District Commissioner Mohammad Roshan has mandated that all sub-registrars in the district must authenticate Aadhaar for all parties involved in property registration. This directive comes in response to a recent report by the Times of India, which uncovered a significant racket involving the creation and illicit use of duplicate Aadhaar numbers for property transactions through sub-registrar offices. In a related incident at the Udyambag police station, eight individuals were accused of impersonating legitimate property owners by using fake Aadhaar numbers to fraudulently transfer ancestral property from a family. This has sparked considerable public concern regarding the extent of the…

IndustryLatest Stories

Housing Dept Approved to Launch UP Redevelopment Plan

LUCKNOW: The state government has approved the housing department to proceed with the UP redevelopment policy. This initiative is designed to unlock key land parcels in urban areas, providing a framework for housing development authorities to process applications from private entities interested in redeveloping properties. Officials noted that numerous houses and buildings in prime locations remain underutilized due to factors like disputes, poverty, resource shortages, and decay. In many instances, tenants are left residing in dilapidated structures that urgently need repairs and upgrades. Private developers will have the opportunity to consult with stakeholders engaged in the redevelopment process to collaboratively…

IndustryLatest Stories

Brigade Enterprises Q3 FY26 Net Profit Falls 12.61%

NEW DELHI: Brigade Enterprises has reported a 12.61% decline in net consolidated profit for the quarter ending December 31, 2025. Its profit after tax for Q3 FY26 was ₹205.83 crore, down from ₹235.52 crore in the same quarter last year, according to a BSE filing. The net consolidated total income for Q3 FY26 was ₹1,623.18 crore, reflecting a 6.11% increase from ₹1,529.68 crore in the previous year’s corresponding quarter. The company’s board has accepted the resignation of Pradyumna Krishna Kumar as interim Chief Financial Officer, effective February 2, 2026. Despite stepping down from this role, he will continue as an…

IndustryLatest Stories

Godrej Properties buys 8.5-acre land in Mahalunge, Pune

Representative Image NEW DELHI: Godrej Properties (GPL) has successfully acquired an 8.5-acre land parcel through outright purchase in Mahalunge, Pune. The proposed project will primarily feature group housing, with an estimated development potential of around 2.1 million square feet, translating to a revenue potential of ₹2,000 crore. Gaurav Pandey, Managing Director & CEO of the company, stated, “This land acquisition is a significant milestone in our strategy to strengthen our footprint in Pune and expand across high-potential micro-markets in India’s leading cities.” Additionally, the company announced it will be handing over homes across nearly 10 projects in the National Capital…

Latest StoriesResidential

6,000+ Affordable Homes in Gurugram: 4,728 Shortlisted Applicants

GURUGRAM: The district administration has received over 120,000 applications for the allocation of 6,743 affordable homes designated for economically weaker sections (EWS). The 1-BHK flats, priced at Rs 1.5 lakh each, are situated in private developer colonies and high-rise societies, providing beneficiaries with organized residential amenities. The booking process commenced on Thursday to ensure dignified housing for low-income families and facilitate their integration into planned urban environments, in line with the Chief Minister’s Urban Housing Scheme initiated by the Haryana government. Deputy Commissioner Ajay Kumar stated that the corporation received a total of 12,384 applications. Of these, 4,728 applications passed…

IndustryLatest Stories

Haryana Revenue Seeks PAN Details for High-Value Property Deals

CHANDIGARH: The Haryana Revenue and Disaster Management Department has instructed all deputy commissioners to submit any outstanding PAN details for high-value property deed registrations statewide without delay. A letter from Sumita Misra, the Financial Commissioner of the Revenue and Disaster Management Department, indicates that the Income Tax Department of the Government of India has requested PAN information for all buyers and sellers involved in deed registrations exceeding ₹30 lakh from the financial years 2019-20 to 2024-25. The department has already made consolidated data accessible through the Web-HALRIS portal, which facilitates deed registration and land records management. Tehsildars are advised to…

Latest StoriesResidential

Aadhaar-Based Property Registration in UP Starts Feb 1

LUCKNOW: On Thursday, the state cabinet approved a proposal for an Aadhaar-based authentication system for property registration. Officials stated this initiative will combat land scams associated with fake registrations. State minister Ravindra Jaiswal mentioned that the decision was made during a review meeting led by Chief Minister Yogi Adityanath on August 28 of the previous year, with the new system set to launch in all sub-registrar offices starting February 1. Through a notification dated August 2, 2024, the UP Online Document Registration Rules, 2024 will be implemented. This will enable the electronic verification of Aadhaar holders using e-KYC, biometric authentication,…

CommercialLatest Stories

Apple Expands Hyderabad Office to 6.3 Lakh Sq Ft at WaveRock

BENGALURU: Apple India has signed a new office lease for over 65,000 square feet at the WaveRock IT campus in Hyderabad’s Financial District. This brings its total area in the Xander-owned property to nearly 630,000 square feet, according to documents obtained by the publication. The recent lease covers 65,168 square feet and was finalized earlier this week between Apple India Private Limited and TSI Business Parks (Hyderabad) Private Limited, the landlord of WaveRock. This follows a previous lease of 64,125 square feet signed in July 2025, resulting in an overall expansion of approximately 130,000 square feet for Apple in 2025.…