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SECTOR | 15 May 2025

Signature Global Q4 results: Net profit rises 48%, revenue down 25%

Business Standard

Realty firm Signature Global saw a record 10,290 crore in FY25 pre-sales despite a Q4 revenue decline caused by project launch delays due to pending approvals

Elan Group awards Rs 1,100 cr contract to Leighton Asia in Gurugram

Business Standard | 15 May 2025 2 more

Realty

SECTOR | 15 May 2025

BL Explainer: Why did Strata SM REIT surrender its registration licence

Business Line

The REIT voluntarily surrendered its licence following a probe against its CEO

Realty

SECTOR | 15 May 2025

Indian Reits distribute 6,070 crore in FY25, up 13% from previous year

Business Standard

India's four listed Reits distribute over 6,000 crore in FY25 amid strong NOI and rising investor confidence, with Embassy Reit leading the pack at 2,181 crore

Realty

SECTOR | 15 May 2025

Four REITs Distribute Rs 1,553 Crore In March Quarter

NDTV Profit

For the full fiscal, the cumulative distribution by the four REITs stood at Rs 6,070 crore.

Realty

SECTOR | 15 May 2025

Palakkad Smart City: Tender invited for infrastructure development

Business Line

The first-phase package, estimated at 1,100 crore, is targeted for completion within four years

Realty

SECTOR | 15 May 2025

Stocks to Watch Today: Wipro, IREDA, Airtel, Vodafone, Mankind Pharma, Edelweiss, AB Real Estate, Brigade, Chemplast Sanmar, TCS, Tech Mahindra, Ethos, Tata Power

Business Line

Key Results Calendar: Allied Blenders, Arvind, Balrampur Chini, Caplin Point Lab, CESC, Cochin Shipyard, CG Consumer, Datamatics Global, GMDC, GR Infraprojects, INOX India, JSW Energy, Kaynes, LIC Housing Finance, Page Industries, Patanjali Foods, PB Fintech, Pricol, South Indian Bank, Thangamayil Jewellery, Tube Investments, Websol Energy, Welspun Enterprises and ZF Commercial.

Realty

SECTOR | 14 May 2025

Brigade Enterprises Q4 results: Net profit rises 18% to Rs 249 crore

Business Standard

Realty firm Brigade Enterprises on Wednesday reported an 18 per cent increase in consolidated net profit to Rs 249.35 crore for the March quarter. Its net profit stood at Rs 210.86 crore in the year-ago period. Total income, however, fell to Rs 1,532.29 crore in the March quarter of the previous fiscal year from Rs 1,762.62 crore in the year-ago period. During the 2024-25 fiscal year, the company's net profit rose to Rs 680.47 crore from Rs 401.04 crore in the preceding year. Total income rose to Rs 5,313.54 crore in the last fiscal year from Rs 5,064.15 crore in the 2023-24 financial year. The board of directors has recommended a final dividend of Rs 2.5 per equity share for 2024-25. Brigade is one of the leading real estate developers in the country.

Aditya Birla Real Estate Q4 results: PAT at Rs 127 cr, income down 50%

Business Standard | 14 May 2025 3 more

Realty

SECTOR | 14 May 2025

SEBI Cautions Investors As Strata SM REIT Surrenders Registration

NDTV Profit

The decision came after the markets regulator reviewed 'certain legal proceedings against the promoter of a SEBI-registered SM REIT -- Strata SM REIT.

Realty

SECTOR | 13 May 2025

All 298 Trump residences in Gurugram sold on launch day for 3,250 crore

Business Standard

Real estate developers Smartworld Developers and Tribeca Developers announced in a joint statement on Tuesday

Smartworld, Tribeca sell 298 homes for 3,250 cr in 'Trump-branded' project

Business Standard | 13 May 2025

Realty

SECTOR | 12 May 2025

VVIP Group to invest 800 crore in luxury homes project in Greater Noida

Business Standard

Realty firm VVIP Group will invest around Rs 800 crore to develop a luxury housing project in Greater Noida. In a statement on Monday, VVIP Group said it has launched a new ultra-luxury project 'VVIP Addresses' at Sector 12, Greater Noida West. "With an investment of approximately Rs 800 crore, the project will comprise 350-plus premium residential units in a single-phase development," it said. The project is spread over 5 acres. The company is selling units between Rs 3.49 crore and Rs 6 crore. Praveen Tyagi, CMD of VVIP Group, said, There is a growing demand for luxury housing in the region, which reflects buyers' evolving preferences and a keen desire for a lifestyle that combines opulence, comfort, and connectivity." VVIP Group has developed many projects in Delhi-NCR.