Category: Latest Stories

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IndustryLatest Stories

Stable Liquidity and Office Demand Boost Q4 2025 Real Estate Sentiment

NEW DELHI: According to the Knight Frank-NAREDCO Real Estate Sentiment Index, sentiment in India’s real estate market stabilized in the October–December quarter of 2025, with both current and future outlooks remaining positive. The Current Sentiment Score for Q4 2025 rose to 60, an increase from 59 in the previous quarter, while the Future Sentiment Score held steady at 61, indicating balanced expectations for the next six months. Although these levels are lower than the peaks recorded in 2023-24, they suggest a market buoyed by stable macroeconomic conditions, decreasing inflation, and availability of funding. The report highlights that enhanced economic clarity…

IndustryLatest Stories

Oberoi Realty Q3 FY26 Profit Edges Up to ₹622.64 Crore

NEW DELHI: Oberoi Realty announced a slight increase in its net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹622.64 crore in Q3 FY26, compared to ₹618.38 crore in the same quarter of the previous fiscal year, according to a BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,561.74 crore, reflecting a growth of 6.95% from ₹1,460.27 crore in the corresponding quarter last year. As of December 31, 2025, Oberoi Realty’s net worth was recorded at ₹17,289.66 crore, with a debt-equity ratio of 0.17. The current liability ratio was…

IndustryLatest Stories

Delhi to upskill 1.2 lakh registered construction workers

NEW DELHI: The Delhi government has initiated a skill training program for 120,000 construction workers as part of the newly adopted Code of Social Security, aiming to boost their efficiency and job opportunities, officials reported on Monday. The Delhi Building and Other Construction Workers Welfare (DBOCWW) Board is responsible for the welfare of registered workers in the capital. The training is crucial for construction workers, particularly as they represent one of the most vulnerable segments of the labor force, often migrating from various regions, mainly rural areas, to Delhi for work, stated a senior official from the Delhi government. The…

CommercialLatest Stories

GCCs to Drive 45% of Office Space Absorption in 2025

NEW DELHI: In 2025, Global Capability Centres (GCCs) became the primary demand driver in India’s office sector, representing 45% of total leasing, up from 41% the previous year, as per a report by Vestian. Office spaces occupied by GCCs increased to 34.9 million sq ft in 2025, reflecting a 20% year-on-year growth. This surge was fueled by robust demand from GCCs, bolstered by favorable policy conditions in India and tightened work visa regulations in key international markets. Consequently, overall office absorption in India reached a record 78.2 million sq ft, an 11% increase compared to 2024, despite global economic and…

IndustryLatest Stories

ASK Property Fund Invests ₹210 Cr in Gami Group’s Navi Mumbai Projects

NEW DELHI: ASK Property Fund, part of ASK Asset & Wealth Management Group, has invested ₹210 crore in Gami Group’s developments in CBD Belapur and Ghansoli, Navi Mumbai. Bhavin Jain, CIO of ASK Property Fund, commented, “This investment marks ASK’s initial entry into the Navi Mumbai market, which has seen substantial momentum due to significant infrastructure enhancements.” The project located in CBD Belapur covers two acres and will feature 2-BHK and 3-BHK units. Recently, the company invested ₹340 crore in three residential projects from Mantra Group, located in JVLR, Mumbai, and two sites in Pune—Wakad and Mundhwa. Published On Jan…

Latest StoriesRegulatory

FIR Filed Against Builders After Techie Drowns in Noida Pit

NOIDA: An FIR has been filed against two builders who own the water-filled pit in Sector 150, where a 27-year-old software engineer drowned after his SUV crashed through a damaged boundary wall around midnight on Friday. According to police, the plot lacked proper security measures like a boundary wall, fencing, or reflectors, making it hazardous during the dense fog. ACP Hemant Upadhyay stated that the case was lodged with Knowledge Park police following a complaint from Yuvraj Mehta’s father. Charges under sections 105 (culpable homicide), 106 (causing death by negligence), and 125 (act endangering life) of BNS have been filed…

Latest StoriesResidential

Over 62 Lakh Families Benefited from PMAY-Urban: UP CM

File Photo LUCKNOW: Chief Minister Yogi Adityanath announced that over the past nine years, more than 60 lakh families have received housing benefits in both urban and rural areas of the state. With an additional 2 lakh families included on Sunday, the total has reached 62 lakh. “This marks the first time since independence that so many families have fulfilled their dream of owning a permanent house,” the CM stated during a program at Indira Gandhi Pratishthan in Lucknow, where he transferred the first installment to 2.09 lakh approved beneficiaries of the Pradhan Mantri Awas Yojana (Urban) 2.0. “This is…

IndustryLatest Stories

Runwal Enterprises Wins ₹5,000-Crore Marine Lines Project

MUMBAI: Realty developer Runwal Enterprises has secured redevelopment rights for two significant land parcels totaling four acres in Marine Lines and Bandra, with a gross development value exceeding Rs 5,000 crore. These projects will operate under the cluster redevelopment plan in line with Regulation 33(9) of the Development Control and Promotion Regulations (DCPR), which the state government encourages to boost large-scale urban renewal and infrastructure projects. Subodh Runwal, director of Runwal Enterprises, stated, “These agreements are for the redevelopment of two private housing societies on premium land parcels, including rights for the Marine Lines project, which has been stalled for…

Latest StoriesResidential

Gurugram Buyers Protest Flat Delays, Seek Govt Help

GURUGRAM: Homebuyers are calling on authorities to ensure timely delivery of homes after experiencing extensive construction delays in a project located in Sector 37C. Residents report waiting for possession for several years despite having made full payments. According to representatives of the homebuyers, who staged a protest on Sunday, sales for the Aashiyara project commenced in 2018 under the state’s affordable housing policy. Buyers assert that they paid the full price for their flats over three years ago, yet construction remains incomplete, and work at the site has reportedly stalled for the past year. Officials from the town and country…

CommercialLatest Stories

Hidco to Auction Two Commercial Plots in New Town, Kolkata

Representative image KOLKATA: Hidco is set to conduct an e-auction for two commercial plots in the CBD area of New Town—one spanning 10 acres and the other 3.9 acres—on a freehold basis, scheduled for next month. The starting bid for the 3.9-acre plot is set at Rs 138.9 crore, while the 10-acre plot has a starting bid of Rs 353.3 crore. Authorities are currently inviting bids from qualified corporate entities. Officials have stated that changes in the intended use of the plots will not be permitted, and construction must commence within one year of land possession. Published On Jan 19,…