Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Century Plyboards’ net profit rises 46% to ₹103.62 crore in Q2 FY27
Nov. 4, 2026, 12:22 p.m.
Century Plyboards (India) has announced a significant leap in its financial performance for Q2 FY27, showcasing a remarkable 46.1 percent surge in net profit. Correspondingly, total income climbed by 28.5 percent year-on-year. The plywood segment excelled with a 28.6 percent increase in revenue while laminates expanded by 20.6 percent. The company is also set to launch a wholly-owned subsidiary in Singapore for enhanced marketing outreach.
Read MoreKeystone Realtors’ net profit jumps over 10-fold to ₹100.75 crore in Q2 FY27
Nov. 4, 2026, 12:15 p.m.
In the quarter ending September 30, 2026, Keystone Realtors reported a remarkable net consolidated profit of ₹100.75 crore. The surge in demand for luxury projects enabled the company to achieve record quarterly pre-sales of ₹1,423 crore. Alongside completing three RERA projects ahead of schedule, the company also reported collections of ₹541 crore and maintained a gross debt of ₹838 crore, showcasing a robust operating margin of 29.4%.
Read MoreDhauli Heights allottees object to ‘conditional’ handover of keys
Nov. 4, 2026, 7:42 a.m.
Members of the Dhauli Heights Association of Allottees are expressing frustration over the unexpected delays in receiving flat possession and keys. They argue that the Odisha Cooperative Housing Corporation is enforcing unreasonable conditions to get access to their homes. The association highlights that varying agreements are being drawn up due to ongoing legal issues among different allottees.
Read MoreChandigarh housing board opens six-month window for old GPA property transfers
Nov. 4, 2026, 7:40 a.m.
Chandigarh Housing Board has made a significant move by approving a six-month extension of the property transfer policy specifically for General Power of Attorney transactions. This initiative aims to help property buyers from before 2011 who haven’t managed to complete their registrations. Those eligible can now establish formal ownership with necessary paperwork, along with a proposed one-time interest waiver of Rs 20 crore benefiting around 14,000 individuals.
Read MoreNLMC puts HIL's 5.119-acre Delhi land parcel on e-auction block at ₹830 crore
Nov. 4, 2026, 4:10 a.m.
The National Land Monetisation Corporation has initiated the sale of a 5.119-acre land parcel belonging to HIL (India) with a reserve price of Rs 829.69 crore. The auction will be conducted online, encouraging consortiums to place bids. To ensure clarity, a pre-bid meeting was convened for prospective bidders. This move is part of the government's strategy to unlock the value in surplus public sector assets, promoting efficient asset utilization.
Read MoreLenders accept Supreme Housing's ₹522-crore settlement offer
Nov. 4, 2026, 3:50 a.m.
Canara Bank along with other lenders accepted a ₹522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement will help the company resolve debts close to ₹700 crore, representing a 75% recovery for involved banks. The one-time settlement includes both fund and non-fund exposure from corporate guarantees given to subsidiary entities.
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