Tag
Real Estate
34 articles
Real estate companies are navigating a mixed landscape of results and legal challenges. Toll Brothers reported an 8% decline in revenue despite beating EPS estimates, reflecting softening demand and margin pressure. Meanwhile, several legal proceedings involving developers and housing societies are progressing through the courts, including hearings before the Supreme Court and NCLAT, highlighting ongoing disputes and potential risks for investors. Despite these headwinds, some companies like Ashiana Housing and Suraj Estate Developers are demonstrating resilience with strong booking growth and healthy collections, while NBCC reported a significant rise in profit and order book expansion, underpinned by government projects and strategic initiatives.
Toll Brothers Beats EPS, Revenue Down 8%
Toll Brothers reported adjusted EPS of $2.97, topping the $2.92 estimate, while revenue of $2.66 billion fell 8% YoY.
The company delivered 2,662 homes at an average price of $996,400, down from 2,959
Mumbai Municipal Corp Gets 4‑Week Extension
Supreme Court heard MCGM's special leave appeal against Shubh Apartments on 17‑08‑2026.
Court recorded counter‑affidavits filed by respondents 1‑6 and directed the registry to verify and place them on
Hinduja Realty Ventures SLP Hearing Scheduled
Supreme Court heard Hinduja Realty Ventures Ltd’s petition for special leave to appeal against Juhu Beach Resorts Ltd’s High Court judgment.
The Court issued notice and listed the matter for final dis
NCLAT Lists Sarvottam Realcon Homebuyers Appeal
NCLAT lists insolvency appeal filed by homebuyers of Sarvottam Realcon for future hearing on 06.10.2026.
Appeal challenges actions of Resolution Professional Sandeep Goel in corporate insolvency resol
SCILAL FY26 AGM Notice Reports Profit Turnaround and Governance Issues
SCILAL reported FY26 net profit of ₹28.82 crore versus FY25 loss of ₹189.38 crore and recommended dividend of ₹0.55 per share totaling ₹25.62 crore.
The company disclosed multiple SEBI LODR non-compli
Supreme Court Orders Admission for Mantri Developer Appeal
Petitioner INDIVIVEKANANDA filed Special Leave to Appeal against Mantri Developer Pvt Ltd judgments dated 31-10-2025.
Supreme Court listed the matter for admission on 18-08-2026, likely to be heard on
Arvind SmartSpaces FY26 Record Bookings Amid Revenue Decline
Achieved highest-ever annual bookings of ₹1,550 Cr, up 22% YoY, with record collections of ₹1,100 Cr and operating cash flow of ₹417 Cr.
Reported consolidated revenue decline of 21% to ₹564.05 Cr whil
Supreme Court Orders Notice for Anand Sagar Appeal
Supreme Court heard Special Leave Petitions (Nos. 27051‑27053/2026) filed by Bandra (H.I.G.) Anand Sagar Cooperative Housing Society Ltd and others.
The petitions challenge a July 2 2026 High Court ju
Supreme Court Dismisses Pashmina Realty SLP
Supreme Court heard Pashmina Realty's SLP against Ekta Housing, stemming from a High Court order dated 22‑01‑2026.
Court condoned the filing delay, refused to interfere with the High Court judgment, a
Multiple Companies Q1 FY27 Financial Results Disclosures
Arihant Foundations reported Q1 standalone net profit of ₹2.99 crore on income of ₹47.91 lakh, with EPS of ₹2.78.
Tamilnadu Telecommunications disclosed Q1 standalone net loss of ₹3.41 crore with nega
Vishveshwara Developers LLP SLP Listed for Hearing
Supreme Court listed Special Leave Petition (No. 22707/2026) for hearing on 31 August 2026.
Petition filed by Vishveshwara Developers LLP challenges Madras High Court judgment dated 29 June 2026 in CM
Ashiana Housing Q1 FY27 Bookings INR358 Crores
Ashiana Housing held its Q1 FY27 earnings call to discuss quarterly performance, featuring management commentary from Whole-Time Director and CFO.
The company reported Q1 bookings of INR358 crores fro
Arkade Developers Q1 FY27 Pre-Sales Up 9%
Arkade Developers reported Q1 FY27 operational revenue of ₹147 crore with a net profit of ₹19 crore and pre-sales growth of 9% YoY to ₹155 crore.
The company has a robust development pipeline of ₹12,8
Sahara India Real Estate Withdraws Intervention Application
Sahara India Real Estate Corp. Ltd and others filed a miscellaneous application (M.A.D. No.19644/2026) seeking intervention/impleadment against SEBI.
The Registrar, Justice Apoorv Singh, heard the mat
Nirlon Limited Q1 FY27 PAT Rises 19% YoY
Nirlon reported Q1 FY27 PAT of ₹69 crore, a 19% YoY increase, with total income at ₹173 crore and EBITDA margins of 77.3%.
Operational occupancy across NKP and Nirlon House stood at 99.8%, with a mini
NBCC Q1 FY27 PAT Rises 32% YoY to ₹151 Crore
NBCC reported Q1 FY27 standalone revenue of ₹1,823 crore, up 10% YoY, with PAT surging 32% to ₹151 crore and EBITDA margin expanding to 8.77%.
The company's standalone order book stands at ₹1.12 lakh
Suraj Estate Developers Q1 Sales Surge 74% YoY
Suraj Estate reported unaudited Q1 FY27 results with sales value and area both up 74% YoY to ₹141 crore and 28,834 sq ft.
Collections stood at ₹86 crore while PAT increased 7% YoY to ₹23 crore with EB
T & I Global Q1 Net Loss of ₹1.77 Lakh
T & I Global reported unaudited Q1 FY27 standalone net loss of ₹1.77 lakh with minimal other income of ₹0.15 lakh.
The company filed its financial results with BSE under SEBI Listing Regulations 30, a
Kurnool Court Void Mayuri Green Lands Deeds
The High Court allowed Writ Petition 9661, dismissed the other petitions, and declared sale deeds for plots 428 and 474 void.
Plots 428 and 474, part of Mayuri Green Lands layout (70.52 cents), were r
Brahmaputra Infrastructure Q1FY27 Investor Presentation
Brahmaputra Infrastructure Limited submitted its Q1FY27 investor presentation highlighting un-audited financial results and business updates.
The company reported ₹108 Cr consolidated net sales with ₹
Jagdamba Housing Society SC Listing 25 Aug
Supreme Court heard petition for special leave to appeal (C) No.15180/2026 on 14 Aug 2026 involving Jagdamba Housing Society and M/s Parisparsh.
The petition challenges a final judgment dated 24 Mar 2
Supreme Court Condones Delay in Pebbles II SLP
Supreme Court heard Special Leave Petition (Civil) No. 44070/2026 filed by Pebbles II Co‑operative Housing Society against Abhinav Rainbow Developers.
Court, comprising Justices S.V.N. Bhatti and N.V.
Supreme Court Dismisses Southern Housing SLP
The Supreme Court heard Special Leave Petition No.19498/2026 filed by Rosalind Thomas against Southern Housing Corporation Ltd. and others.
The Court set aside the High Court's abatement order, condon
Media Video Ltd Petition Adjourned Four Weeks
Supreme Court heard Miscellaneous Application No.1818-1820/2021 involving Media Video Ltd (Real Estate Division) vs Sandeep Kumar & Ors on 5 Aug 2026.
No counsel appeared for either party despite two
Supreme Court Increases STC Mesne Profits
Supreme Court allowed appeals by Krishna Devi Haralalka, modifying mesne profit award against State Trading Corporation of India Ltd.
Court directed mesne profits be calculated per STC v. Neelam Choud
Phoenix International Q1 Net Profit Rises to ₹101.12 Crore
Board approved unaudited standalone and consolidated financial results for Q1 FY2027 ending June 30, 2026.
Standalone net profit reached ₹101.12 crore on revenue of ₹771.44 crore for the quarter.
Sche
Hotel Horizon Insolvency Appeal Adjourned to August 13
NCLAT adjourns Hotel Horizon Pvt Ltd insolvency appeal hearing to August 13 after partial rebuttal submissions.
The appeal involves suspended director Vishal Sharma versus a consortium including Obero
NCLAT Adjourns Hotel Horizon Insolvency Appeal
NCLAT adjourned an insolvency appeal filed by Hotel Horizon's suspended director to a future date.
The appeal is against a consortium including Oberoi Realty and JM Financial Properties.
The matter wa
GB Global NCLT-Approved Merger with Dev Land
NCLT Mumbai approved the merger of listed GB Global Ltd into unlisted Dev Land & Housing Pvt Ltd via a Scheme of Amalgamation.
Public shareholders will receive ₹120 per share plus one redeemable prefe
Indian Card Clothing Q1 Net Profit Rises to ₹4.91 Crore
Board approved unaudited Q1 FY27 standalone net profit of ₹4.91 crore, a significant improvement from a net loss of ₹3.62 crore in the previous quarter.
Approved further investment of £250,000 in whol
Laxmi Goldorna House Q1 FY27 Standalone Net Loss ₹6.16 Cr
Laxmi Goldorna House reported a standalone net loss of ₹6.16 crore for Q1 FY27, a sharp decline from a ₹2.20 crore profit in Q1 FY26.
Revenue from operations grew significantly to ₹37.45 crore, up fro
PVP Ventures Transforms to Evervie Health with FY26 Profit
PVP Ventures reported standalone net profit of ₹72.32 lakhs for FY26, reversing from a ₹390.40 lakh loss in FY25, driven by real estate revenue growth and strategic healthcare acquisitions.
The compan
Future Market Networks Q1 FY27 Results Approval
Board approved unaudited standalone and consolidated financial results for Q1 FY27 ended June 30, 2026.
Audit Committee recommended and statutory auditors provided limited review report for the quarte
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