Tag
Real Estate
26 articles
Real estate developments are marked by a mix of legal proceedings, financial results, and strategic shifts. Indiqube Spaces reported a strong FY26, achieving ₹1491 crore in total income with 37% revenue growth and a 145% increase in profit, demonstrating resilience in the workspace platform sector. Conversely, the company also posted a widened net loss of ₹1.06 billion, and is seeking shareholder approval for a variation in IPO proceeds utilization. Meanwhile, legal challenges persist for several firms, including MDO Realty and Salawat Real Estate, with hearings adjourned, while Ramsons Projects saw a significant 178% jump in net profit, driven by other income. These varied outcomes highlight the complex and evolving landscape within the real estate sector, presenting both opportunities and risks for investors.
MDO Realty Stay Adjourned to May 21
Supreme Court heard Civil Appeal No. 5056/2022 filed by MDO Realty Pvt Ltd against University of Delhi & others.
The matter was listed on 20 May 2026 before Justices Dipankar Datta and Augustine Georg
Golden Forest India Auction Rs 2,779 Cr
Court heard a writ petition by Raiganj Consumer Forum vs Union of India on auctioning Golden Forest India assets valued at Rs 2,779 crore.
Court ordered a tri‑partite agreement among GFIL Committee, S
Indiqube Spaces FY26 Revenue Hits ₹1491 Crore
Indiqube Spaces reported record FY26 total income of ₹1491 crore with a 37% YoY revenue growth and 145% YoY PAT growth to ₹125 crore.
Operational highlights include a 15% seat growth to 215,000 and an
Salawat Real Estate Insolvency Appeal Adjourned to May 18
NCLAT adjourns Salawat Real Estate's insolvency appeal to May 18, 2026.
Appellant's counsel requested the adjournment during the hearing.
The case is identified as Company Appeal (AT) (Insolvency) No.
NCLAT Adjourns Salawat Real Estate vs RP Appeal
NCLAT Principal Bench adjourns insolvency appeal filed by Salawat Real Estate.
Case involves Kamal Agarwal, RP of Torque Automotice Private Limited.
Matter rescheduled for next hearing on 20th July, 2
NCLT Adjourns Bulland Realtors Insolvency Hearing
NCLT New Delhi adjourned hearing in Nimble Credit Cooperative vs Bulland Realtors insolvency case due to power outage.
The matter under Section 7 of IBC was deferred to June 1, 2026, with no proceedin
Indiqube FY26 Net Loss Widens to ₹1.06 Billion
Board approved audited standalone FY26 results showing a net loss of ₹1.06 billion, widening from the previous year.
Proposed variation in IPO proceeds utilization, subject to shareholder approval via
AMJ Land Holdings FY2026 Results Declares Dividend
AMJ Land Holdings Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
Board recommended a dividend of Re. 0.20 per equity share (face value Rs. 2)
Ventive Hospitality FY26 Revenue Up 24% to INR 2,666 Cr
Ventive Hospitality reported strong FY26 results with revenue growth of 24% to INR 2,666 crores and EBITDA growth of 28% to INR 1,299 crores.
The company's hospitality segment neared INR 2,000 crores
Bangalore City Coop Housing Society Appeals Verdict
Petition for special leave to appeal filed by The Bangalore City Cooperative Housing Society Limited against Karnataka State judgment dated 10‑02‑2026.
Hearing scheduled on 19‑05‑2026 before Justices
MDO Realty Ex-Parte Stay Adjourned
Supreme Court heard Civil Appeal No. 5056/2022 filed by MDO Realty Pvt Ltd against University of Delhi and others.
The case concerned an ex-parte stay application (IA No. 107759/2022) seeking interim
Vikky Dang Homebuyers NCLAT Hearing Adjourned
NCLAT grants one week for appellant to file rejoinder in homebuyers' insolvency appeal.
Case involves homebuyers represented by Vikky Dang versus Shailendra Singh & others.
Tribunal lists matter for n
RIAR Builders SLP Order: Hearing Adjourned
The Supreme Court heard Special Leave Petition filed by RIAR Builders Pvt Ltd against Union of India and others.
Multiple intervention applications and exemption requests were listed, covering IA numb
Supreme Court Clubs Krrish Realtech FIRs
Petitioners Amit and Rajesh Katyal, directors of Krrish Realtech Pvt Ltd, sought consolidation of multiple FIRs related to the Brahma City project.
The Court ordered FIR No. 30/2019 (Delhi) to be tran
Sumedha Fiscal Sells Hyderabad Property for ₹35 Lakh
Sumedha Fiscal Services Ltd files a SEBI Reg. 30 disclosure for the proposed sale of its Hyderabad property.
The company has received an advance of ₹8.75 lakh (25%) against a total sale consideration
Supreme Court Orders Chart Retrieval in MCGM
The Municipal Corporation for Greater Mumbai filed a Special Leave Petition against Samata Cooperative Housing Society Ltd seeking condonation of filing delay.
During the hearing on 19‑05‑2026, the Co
Ramsons Projects FY26 Net Profit Jumps 178%
• Board approved audited standalone FY26 results with net profit of ₹75.52 crore, up 178% YoY from ₹27.13 crore.
• Company re-appointed Piyush Rampuria as Internal Auditor and revised its Insider Trad
SC Orders Nodal Officer for Okhla Claims
Supreme Court directs Haryana to appoint a Nodal Officer to centralize Okhla Enclave plot‑holder claims and enforce 2019 judgment and 2025 order.
Nodal Officer will receive, acknowledge, digitize all
A.K.G Affordable Housing SLP Time Extension
Supreme Court heard petition (SLP No. 36273/2025) by A.K.G Affordable Housing against High Court order dated 19‑08‑2025.
Court granted respondents three weeks to file counter‑affidavits and allowed re
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
Active Infrastructures Subsidiary Forms Realty LLP
Active Infrastructures Limited discloses incorporation of Raghukul Shradha Realty LLP by subsidiary Achievers Ventures.
The LLP is a 50.50:49.50 joint venture with Raghukul Construction for real estat
Nitco Q4 FY26 Revenue Up 63% YoY
Nitco's Q4 FY26 investor presentation reports a 63% YoY revenue growth for its tiles, marble, and mosaic business.
The company monetized real estate assets for ₹58 crores in FY26 and targets ₹1,000+ c
Madhuban Sahkari Awas Samiti Delay Condoned
Supreme Court heard SLP No.14727/2026 filed by Madhuban Sahkari Awas Samiti Ltd against Uttar Pradesh State.
Petition sought condonation of delay in filing/interim applications related to earlier High
D.S. Realtors Appeal Deferred, Next Hearing 28‑May
Petition for Special Leave to Appeal filed by M/S D.S. Realtors & Ors. against Anita Dey, arising from Gauhati HC judgment dated 29‑Nov‑2023.
Supreme Court heard the petition on 18‑May‑2026 before Jus
Shervani Industrial FY26 Net Loss of ₹69 Lakh
Board approved audited FY26 results with a standalone net loss of ₹69 lakh and recommended a 25% dividend.
Company received a GST demand notice for ₹133.96 lakh plus interest and penalty, with no prov
BEML Land Assets FY26 Net Profit ₹1.07 Crore
BEML Land Assets reported FY26 standalone net profit of ₹1.07 crore versus prior year loss, driven by ₹3.93 crore annual lease income from Mysore and Bangalore properties.
Company recognized ₹324.36 l