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IndustryLatest Stories

Anant Raj Q3 FY26 Profit Climbs 31% to ₹144 Crore

NEW DELHI: Realty firm Anant Raj Ltd announced a 31% rise in consolidated net profit to ₹144.23 crore for the December quarter, driven by improved income. The net profit was ₹110.37 crore during the same period last year. The company’s total income increased to ₹660.38 crore in the October-December period, compared to ₹543.97 crore in the corresponding period of the previous year, as per a regulatory filing. Based in Delhi, Anant Raj Ltd is a prominent real estate developer, primarily focusing on residential and data center projects. Published On Jan 22, 2026 at 06:52 AM IST Join the community of…

Latest StoriesResidential

Hyderabad Property Registrations Up 14% in December 2025

NEW DELHI: By the end of December 2025, Hyderabad witnessed a notable increase in registration activity within its residential property market, with a 14% year-on-year rise in home registrations. Despite seeing a slight decrease in full-year volumes, the numbers reflect a positive trend, as reported by Knight Frank India. In December 2025, Hyderabad registered a total of 6,600 residential properties valued at ₹4,399 crore, marking the third-highest month of the year for registrations. For the entirety of 2025, the city recorded 75,222 home registrations, a 2% decline compared to the previous year, but the total value of registered properties surged…

Housing FinanceLatest Stories

PNB Housing Finance Q3 FY26 Net Profit Rises 7.71%

NEW DELHI: PNB Housing Finance has reported a net consolidated profit growth of 7.71% for the quarter ending December 31, 2025. The profit after tax reached ₹520.55 crore in Q3 FY26, up from ₹483.27 crore in the same quarter of the previous financial year, as stated in a BSE filing. The net consolidated total income for Q3 FY26 stood at ₹2,120.66 crore, reflecting a 9.14% increase from ₹1,943.11 crore recorded during the same period last year. As of December 31, 2025, the company’s net worth was ₹18,502.28 crore. The debt-equity ratio was 3.63, total debts to total assets ratio stood…

Latest StoriesRegulatory

No Occupation Certificate Without Sewage Plant: Bombay HC to Maharashtra

MUMBAI: The Bombay High Court has instructed all civic authorities in Maharashtra to withhold the issuance of Occupancy Certificates (OC) for any structure until developers comply with building permissions and establish effective sewage management. A bench composed of Justices Ravindra Ghuge and Abhay Mantri acknowledged the significant issues arising from sewage dumping into the Ulhas River, noting the absence of adequate Sewage Treatment Plants (STPs) at 438 purported unauthorized structures in Thane district. The court was considering a petition from a Badlapur resident highlighting illegal constructions by a developer. It mandated that the municipal council must take action to curb…

IndustryLatest Stories

Raymond Realty Launches Residential Project in Wadala, Mumbai

NEW DELHI: Raymond Realty has unveiled a new residential redevelopment project in Wadala, central Mumbai, with a projected revenue potential of approximately ₹5,000 crore. Spanning a 5.62-acre land area, the development will feature premium 2-BHK and 3-BHK apartments, alongside high-street retail spaces. Harmohan Sahni, the company’s CEO, stated, “This development, with an expected revenue potential exceeding ₹5,000 crore, greatly enhances our long-term value creation strategy while reinforcing our asset-light expansion model.” Currently, the developer is working on over 10 million sq ft of projects across the Mumbai Metropolitan Region and has successfully delivered more than 5,500 homes to date. Published…

IndustryLatest Stories

Mumbai Tops 2025 Land Deals with 32 Acquisitions Over 500 Acres

Representative AI image NEW DELHI: The Mumbai Metropolitan Region (MMR) topped the land acquisition market in India in 2025, with 32 deals covering over 500 acres, according to Anarock Research. This accounts for more than 13% of the total land transactions in the country for the year. Overall, 126 land deals involving over 3,772 acres were completed in India in 2025, which is a slight decrease from 133 transactions in 2024 but a significant increase in land area, up from approximately 2,514 acres in the previous year. In 2024, MMR recorded about 30 land deals encompassing over 607 acres. Residential…

CommercialLatest Stories

Labdhi Lifestyle to Invest ₹700 Crore in BKC Commercial Project

NEW DELHI: Labdhi Lifestyle is set to invest ₹700 crore in the development of BKC Edge, a commercial project located at H-Block in Bandra Kurla Complex (BKC), Mumbai. The total gross development value (GDV) is projected to exceed ₹1,000 crore, providing a carpet area of 2.25 lakh sq ft. Occupying 1.25 acres, the development will feature over 300 business suites. According to a CBRE report, in the October–December quarter, Mumbai made up approximately 22% of the total 22.2 million sq ft of office space leased across India. The report suggests that Mumbai is likely to remain a key office market…

InfrastructureLatest Stories

Mahalunge-Maan town plan awaits final approval: PMRDA

PUNE: Seven years after the state government granted initial approval for the Mahalunge–Maan town planning (TP) scheme, the flagship project, which was highlighted during the 2019 Magnetic Maharashtra Investor Summit, is still pending final clearance from the state Urban Development Department (UDD), as reported by a senior PMRDA official. The Pune Metropolitan Region Development Authority (PMRDA) emphasized that while this model scheme remains a priority, delays have arisen due to the necessity of multiple approvals. A senior PMRDA official mentioned, “The scheme is currently under evaluation and is anticipated to receive clearance soon.” These delays come despite previous assurances from…

Latest StoriesResidential

Buyer seeks Haryana RERA, DTCP help for safety concerns

GURUGRAM: A homebuyer has turned to state authorities to address concerns regarding possession conditions, safety infrastructure, and regulatory compliance at a residential project located in Sector 89. The owner of a flat at The Meridian requested official intervention, highlighting unresolved matters with the developer. In a comprehensive letter to the Department of Town and Country Planning (DTCP) and the state real estate regulator, HRERA, she sought relief from perceived pressure tactics and unresolved safety issues at the construction site along the Pataudi Road corridor. The complaint detailed alleged coercion to sign a no-objection certificate prior to taking possession, worries about…

CommercialLatest Stories

Logitech India Leases BKC Office for ₹4 Crore

NEW DELHI: Logitech Electronics India has signed a lease for a commercial office space in Bandra Kurla Complex (BKC), Mumbai, with total rental costs amounting to approximately ₹4 crore over a five-year span, as reported by Volney. The company has leased Unit No. 407 on the fourth floor of the Trade Centre, a commercial building in BKC, covering an area of around 2,010 sq ft. The lease agreement features a five-year lock-in period with an annual rental increase of 5%. ETRealty has contacted Logitech Electronics India and will provide updates based on their responses. The Trade Centre is a Grade…