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Real Estate / Construction

24 articles
Real estate companies are demonstrating robust performance and expansion across India. Sobha Limited reported record Q1 FY27 sales of ₹36.56 billion, driven by strong demand in Bangalore and the NCR region, while Max Estates witnessed a fivefold increase in Q1 FY27 pre-sales, reaching ₹1,100 crore. Univastu India also reported explosive revenue growth, and HUDCO is financing ₹1 lakh crore in urban infrastructure projects in Bihar. These developments, alongside Arihant's acquisition of land in Chennai and NBCC's awarding of significant work contracts, signal continued momentum in the sector, suggesting a positive outlook for real estate development and investment, though companies should carefully manage rising interest rates and material costs.
ELNET Technologies Submits Postal Ballot Newspaper Advertisements
ELNET Technologies submitted newspaper clippings of its Postal Ballot Notice published in Business Standard and Makkal Kural to BSE on July 4, 2026. Avadh Sugar & Energy and Magadh Sugar & Energy anno
Sobha Q1 FY27 Sales Hit Record ₹36.56 Billion
Sobha Limited achieved its highest-ever quarterly sales value of ₹36.56 billion with 2.34 million square feet sold in Q1 FY27. Bangalore contributed 56.5% of total sales at ₹20.67 billion while NCR re
Univastu Q4 Revenue Surges 174% YoY to ₹109 Cr
Univastu India held a Q4 FY26 earnings call to discuss audited results, featuring management commentary from its Chairman and CFO. The company reported explosive growth with Q4 revenue at ₹109.44 Cr (
HUDCO Signs ₹1 Lakh Crore Bihar Urban Development MoU
HUDCO signed MoU with Bihar Government for ₹1 lakh crore urban infrastructure financing over 5 years. Loans feature 25-year flexible repayment terms with moratorium period and prepayment options. Fund
Max Estates Q1 Pre-Sales Surge 5x to INR 1,100 Crore
Max Estates reported Q1 FY2027 pre-sales of ~INR 1,100 crore, a 5x increase year-over-year from Q1 FY2026. The company sold 487 units across Noida and Gurugram projects and achieved collections of ~IN
Dilip Buildcon Receives Bengaluru-Vijayawada Expressway Completion Certs
Dilip Buildcon received Provisional Completion Certificates for two hybrid annuity highway projects under Bharatmala Pariyojana. Package-1 project worth ₹599.50 crores achieved commercial operation fr
Deepak Builders Receives ₹549 Crore EPC Project
Deepak Builders & Engineers India Limited received Letter of Acceptance for ₹548.70 crore EPC project from HSIIDC. The project involves construction of Shri Krishna Ayush University in Kurukshetra wit
Namami Gange Programme Reviews ₹43,031 Crore Project Progress
19th Empowered Task Force meeting chaired by Jal Shakti Minister reviews Namami Gange Programme progress with 524 projects sanctioned worth ₹43,031 crore. 363 projects completed including 145 sewerage
VVIP Infratech Promoter Pledges Additional 31.58 Lakh Shares
Promoter Praveen Tyagi created a fresh pledge on 31,58,000 equity shares (12.65% of capital) on June 30, 2026. Total encumbered shares now stand at 54,76,000 (21.93% of capital) with CSL Finance Ltd a
Arihant Acquires Chennai Land for ₹300 Crore Office Project
Arihant Foundations acquired over half an acre on Anna Salai, Chennai adjacent to Hyatt Regency for commercial development. The company plans to develop a boutique Grade A office project with estimate
NBCC Awards ₹955 Crore Q1 FY27 Work Contracts
NBCC disclosed work contracts worth ₹955.13 crore awarded in Q1 FY27 through normal business operations. Major awards include ₹334.74 crore Central University Kashmir construction and ₹199.73 crore DV
IITL Projects Confirms No Undisclosed Price Sensitive Info
IITL Projects Limited responds to a BSE inquiry regarding recent share price movement. The company confirms full compliance with SEBI Listing Regulations and all material disclosures. It states no kno
NCLT Approves Amar Prakaash Developers Resolution Plan
NCLT Chennai approves resolution plan by Aadarsh Surana for Amar Prakaash Developers with specific directions on implementation. Tribunal dismisses multiple intervention applications while directing t
NCLT Chennai Approves Amar Prakaash Developers Resolution Plan
NCLT Chennai approves resolution plan by Aadarsh Surana for Amar Prakaash Developers with specific directions. Tribunal dismisses multiple applications including fraudulent trading claim against promo
Nisus Finance Invests ₹70 Cr in Bengaluru Projects
Nisus Finance Services Co Limited announces a ₹70 crore investment through its AIF into three residential projects in Bengaluru developed by Sumukha Housing. The three projects have a combined Gross D
Emerald Leisures FY26 Loss Narrows to ₹856 Lakhs
Emerald Leisures reported reduced consolidated net loss of ₹856.03 lakhs in FY26 versus ₹1,079.84 lakhs in FY25 with revenue growth to ₹1,651.91 lakhs. Company convenes 92nd AGM on July 23, 2026 to ap
Gadkari Reviews 7,271 km National Highways Quality
Union Minister Nitin Gadkari reviewed quality and maintenance of 3,245 km National Highways in Jharkhand and 4,026 km in Uttarakhand. The review was triggered by feedback from media reports and social
Telangana SBM-U 2.0 100-Day Campaign Achievements
Telangana implemented a 100-Day IEC campaign under SBM-U 2.0 focusing on citizen engagement and behaviour change for urban sanitation. The campaign sensitized 27.09 lakh households on waste segregatio
Piyush Goyal Leads Trade Delegation to Greece
Union Minister Piyush Goyal leads a business delegation to Greece to expand bilateral trade and investment flows. The delegation will participate in startup pitches at THEA incubator to promote cross-
Man Infra Secures Tardeo 2.0 Approval for ₹2000cr Project
Man Infraconstruction secured Intimation of Approval for its Tardeo 2.0 luxury residential project in South Mumbai. The project has an estimated Gross Development Value exceeding ₹2,000 crores and is
Raymond Realty FY26 Revenue Surges 429% to ₹299 Crore
Raymond Realty reported standalone revenue of ₹3,039 crore and net profit of ₹305 crore in its first full year as a demerged entity listed on BSE/NSE. The company declared a maiden dividend of 20% (₹2
Prestige Group and BACL Unveil Bengaluru Airport Convention Hub
Prestige Group partners with Bengaluru Airport City Limited to develop a landmark integrated convention and hospitality destination within Bengaluru Airport City. The development includes a state-of-t
Ashiana Housing Q4 FY26 Bookings Surge 124% YoY
Ashiana Housing reported record annual bookings of ₹2,421 crore in FY26, a 25% YoY growth, driven by strong demand and successful launches. The Senior Living segment achieved record bookings of ₹570 c
Max India Q4 FY26 Revenue Up 58% YoY
Max India reported FY26 consolidated revenue of INR213.4 crore, a 30% YoY growth, with Q4 revenue at INR72 crore. The company's consolidated loss sharply reduced to INR6.8 crore in Q4 from INR35.5 cro