Real Estate News
Stay updated with the latest developments in the Indian real estate market.
HeidelbergCement India's profit falls 33% to ₹16.77 crore in Q2 FY27
Oct. 30, 2026, 3:32 a.m.
During the September quarter, HeidelbergCement India Ltd saw a significant net profit drop of 32.7%, even as its revenue from operations climbed by 10.96% year-over-year. This increase was mainly driven by enhanced sales volumes and better pricing, although the company's total expenses surged by 13.27%, ultimately affecting its profitability. Following the earnings report, shares of the firm declined on the Bombay Stock Exchange.
Read MoreSavvy India to add 1.8 million sq ft in GIFT City by July 2027
Oct. 29, 2026, 1:28 p.m.
Savvy India has around seven million sq ft under development in GIFT City and approximately 2.5 million sq ft of operational space that is fully leased. The company is also expanding beyond residential and commercial real estate into hospitality, GCC offices, industrial warehousing, energy and social infrastructure across Gujarat and Mumbai.
Read MoreMaharashtra’s first 3D drone property survey under way in Kolhapur, 40,000 owners to get digital property cards
Oct. 29, 2026, 1:02 p.m.
Maharashtra has commenced its first-ever 3D GIS drone survey in Kolhapur, covering an area of 4,223 hectares for precise land documentation. This effort aims to digitize maps and provide property cards to around 40,000 owners. Resuming in September, the project utilizes drone technology to capture detailed aerial visuals, with 1.40 lakh images already collected, ensuring enhanced clarity regarding property boundaries.
Read MoreBrigade Enterprises’ net profit rises 29% to ₹218.82 crore in Q2 FY27
Oct. 29, 2026, 1 p.m.
Brigade Enterprises reports a 28.5% rise in net consolidated profit for the quarter, despite a 12.6% fall in total income. Real estate sales soared to ₹1,827 crore, largely driven by the launch of 2.4 million sq ft of new projects valued at approximately ₹3,000 crore. Positive contributions from leasing and hospitality bolstered their financial standing, with a net worth of ₹6,517.47 crore as of September 30, 2026.
Read MoreDelhi civic body's building safety audit may face hurdles
Oct. 29, 2026, 12:57 p.m.
In an effort to ensure the safety of Delhi’s buildings, the MCD plans a citywide structural safety and fire preparedness audit. Despite highlighting major issues like workforce shortages and budget constraints, they foresee obstacles during inspections in informal settlements and densely populated neighborhoods. The audit will require enhanced technical skills beyond their existing capabilities to evaluate structures adequately.
Read MoreAmbuja Cements’ net profit plunges 90% to ₹236 crore in Q2 FY27
Oct. 29, 2026, 12:04 p.m.
Ambuja Cements announced an 89.9 percent decline in net consolidated profit for the quarter ending September 30. The company's total income also decreased by 1.9 percent, indicating challenges in the current market. Cement sales volume during the quarter stood at 16.5 million tonnes, reflecting operational performance. The proposed merger with ACC and Orient has received shareholder support and will move to the National Company Law Tribunal.
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