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Real Estate / Construction

25 articles
Real estate and construction activity is accelerating across India, driven by government infrastructure initiatives and robust market demand. Nitin Gadkari is reviewing highway projects in Assam, while the Ministry of Housing & Urban Affairs reported significant progress in urban waste processing, aligning with new solid waste management regulations. Birla Estates highlighted strong sales for its Thane project, and Somany Ceramics anticipates margin improvements and double-digit growth, reflecting positive industry trends. These developments suggest continued momentum in the sector, although legal challenges, as seen in NCLT cases involving Daya Shanker AOP and Sahiti Green Homes, remain a potential risk for investors.
Gadkari Reviews 4,178 km Assam Highway Projects
Union Minister Nitin Gadkari reviewed quality and progress of 4,178 km National Highway projects in Assam. Review was prompted by media and social media inputs, attended by MoS and officials from NHAI
MoHUA Reports 81% Urban Waste Processing in 2026
Ministry of Housing & Urban Affairs convened a two-day national review meeting for Swachh Bharat Mission-Urban 2.0 on May 19-20, 2026. Urban waste processing improved from 16% in 2014 to 81% in 2026,
NCLT Adjourns Daya Shanker AOP Oppression Petitions
NCLT Allahabad Bench adjourns multiple oppression and mismanagement petitions filed by Daya Shanker Ravi Shanker AOP against various real estate companies. Cases involve allegations under Sections 241
Phoenix Mills May 27 Investor Conference Intimation
Phoenix Mills intimates participation in a physical investor conference organized by Ashika Institutional Equities in Mumbai on May 27, 2026. The event will consist of one-on-one and group meetings wi
Somany Ceramics Q4 FY26 EBITDA Margin Rises to 11.4%
Somany Ceramics held its Q4 FY26 earnings call, reporting a 6% sales growth and 11.4% EBITDA margin for the quarter. Management provided FY27 guidance targeting a 1.5%+ EBITDA margin improvement and d
Birla Estates Thane Project Achieves ₹1007 Crore Sales
Aditya Birla Real Estate subsidiary Birla Estates reports ₹1007 crore sales booking for Birla Taranya project in Thane within three months of RERA approval. The project update is disclosed to BSE and
Hindware Home Innovation FY26 Results and Demerger Update
Board approved demerger of Consumer Products Business into HHIL Limited and amalgamation of remaining company into Hindware Limited, effective April 1, 2025. Bathware Business sales grew 10% YoY to ₹1
PNC Infratech FY26 PAT ₹832 Cr, Q4 Revenue ₹1617 Cr
Announces standalone and consolidated financial results for Q4 and full year ended March 31, 2026. Consolidated FY26 PAT reached ₹832 crore, including ₹337 crore net gain from monetization of 12 HAM a
WSB Invests ₹75 Cr in Omaxe Group
Omaxe Limited discloses a ₹75 crore investment from WSB Partners into its residential plotted projects in Ujjain and Indore. The capital will be utilized as growth capital, with portions allocated for
Shradha Realty Step-down Subsidiary Incorporates Raghukul Shradha Realty LLP
Shradha Realty Ltd's step-down subsidiary, Achievers Ventures, incorporated a new LLP named Raghukul Shradha Realty LLP on May 18, 2026. The LLP is a 50.50:49.50 joint venture with Raghukul Constructi
Euro Pratik FY26 Revenue Rises 18% to ₹335 Crore
Euro Pratik Sales Ltd reported 18% YoY revenue growth to ₹335.0 crore for FY26, with a PAT of ₹77.2 crore. The company expanded its distributor network to 198 and operates 2.08 lakh sq. ft of warehous
NCLAT Lists UPHDB vs KSN Buildwell Insolvency Appeals
NCLAT lists three interconnected insolvency appeals involving Uttar Pradesh Housing Board and KSN Buildwell for hearing. The appeals include matters filed by the housing board, corporate debtor, and r
DLF FY26 Record Collections, Zero Debt, Dividend Hike
DLF reported FY26 record collections of ₹13,500 crore, 15% YoY growth, and generated a cash surplus of ₹7,700 crore. The development business achieved zero gross debt, and the Board recommended a divi
Afcons FY26 PAT Drops 48% to ₹251 Cr
Afcons reported FY26 PAT of ₹251 Cr, down 48% YoY, with Q4 net loss of ₹89 Cr impacted by macroeconomic headwinds. Order book remains healthy at ₹32,496 Cr providing revenue visibility, though FY26 or
NCLAT Grants Time for DTCP License Renewal Submission
NCLAT notes DTCP Haryana granted license renewal to Bishwanath Traders and Vibrant Buildwell. Appellants seek one week to formally submit renewal order for court records. Appellants have filed further
Man Infra Q4 FY26 Earnings Call Transcript
Man Infra held its Q4 FY26 earnings call, detailing a year of project consolidation and a strong FY27 launch pipeline of INR 5,600 crore GDV. The company reported FY26 sales of INR 1,800 crore and col
Nukleus Office Solutions FY26 Total Income Up 25.49%
Nukleus Office Solutions reported FY26 total income growth of 25.49% YoY to ₹3,619.41 lakhs and EBITDA growth of 38.12% YoY to ₹917.34 lakhs. The company operates 25 centers managing 7.39 lakh sq. ft.
Keystone Realtors Q4 Presales Jump 58% to INR1,346 Cr
Keystone Realtors reported record Q4 FY26 presales of INR1,346 crore, a 58% YoY increase, and full-year presales of INR4,022 crore, exceeding guidance. The company added projects with GDV of INR10,400
Nukleus Office Solutions FY26 Revenue Up 25.5%
Nukleus Office Solutions reported FY26 total income growth of 25.49% YoY to ₹3,619.41 lakhs with EBITDA up 38.12% to ₹917.34 lakhs. The company operates 25 centers across 4+ cities with ~85% occupancy
NCLT Dismisses Sahiti Green Homes Homebuyers' CIRP Inclusion Plea
NCLT Hyderabad dismissed an application by 30 Sahitha Green Homes homebuyers seeking inclusion in the CIRP of Sahiti Infratec's other project, Sahiti Sarvani Elite. The tribunal ruled the ongoing CIRP
Sikkim Statehood Day: 21 MDoNER Projects Worth ₹223 Crore
Union DoNER Minister inaugurated 21 development projects worth ₹223 crore in Sikkim, including road connectivity and infrastructure works. Launched Mission Sikkim Organics with ₹360 crore outlay to tr
Sikkim 51st Statehood Day Celebrates ₹4,000 Crore Development
Vice President addressed Sikkim's 51st Statehood Day, highlighting ₹4,000 crore in recently launched development projects. Sikkim recognized as world's first 100% organic state with 76,000 hectares co
Scindia Reviews Sikkim Development Projects Including World's Highest Skywalk
Union Minister Jyotiraditya Scindia reviewed multiple development projects in Sikkim including education, tourism, and sports infrastructure. The ₹220 crore Bhaleydhunga Skywalk project at 3,200m elev
Indian Railways Cement Transport Up 170% in 4 Months
Indian Railways recorded a 170% increase in cement transportation over four months following November reforms introducing specialized tank containers. New bulk cement terminal policy and multimodal ha
Maharashtra PMAY-G 5 Lakh Houses Launch, ₹8368.5 Cr Sanction
Union Minister Shivraj Singh Chouhan launches Grih Pravesh for 5 lakh completed PMAY-G houses in Maharashtra on May 15, 2026. Issues PMAY-G Mother Sanction of ₹8,368.50 crore central share assistance