Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Sebi allows REITs, InvITs to issue depository receipts
Nov. 3, 2026, 3:59 a.m.
The Securities and Exchange Board of India (Sebi) has authorized the issuance of Depository Receipts for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to increase foreign investment. This new framework allows these investment vehicles to issue fresh units for DRs, mandatory for non-Indian residents, and enforces strict compliance with prior unitholder approval as well as pricing and reporting guidelines.
Read MoreBrookfield India REIT’s NOI rises 51% to ₹767.2 crore in Q2 FY27
Nov. 3, 2026, 3:49 a.m.
In Q2 FY27, Brookfield India Real Estate Trust achieved a remarkable 51 percent growth in net operating income. Total income soared by over 52 percent year-on-year, and the REIT declared distributions of ₹5.70 per unit. With 1.6 million square feet leased and a solid occupancy rate of 93 percent, the first half of FY27 marked a substantial 54 percent rise in operating lease rentals compared to last year.
Read MoreMindspace Business Parks REIT’s NOI rises 32% to ₹836 crore in Q2 FY27
Nov. 3, 2026, 3:30 a.m.
In Q2 FY27, Mindspace Business Parks REIT achieved 31.9 percent rise in net operating income, showcasing its robust financial health. The total income reached ₹1,028.43 crore, marking a 30.1 percent increase year-on-year. Additionally, the net profit saw a jump to ₹479.18 crore. The gross leasing activity was notable, covering around 1.6 million sq ft.
Read MoreBirlaNu’s net loss widens 34% to ₹57.37 crore in Q2 FY27
Nov. 3, 2026, 3:12 a.m.
BirlaNu, a subsidiary of the CKA Birla Group, faced a net consolidated loss for the quarter ending September 30, 2026. Despite this, the company saw a rise in total income fueled by revenue increases in its roofs and pipes divisions. The flooring sector, specifically Parador, struggled with declining sales in Europe due to market pressures.
Read MorePuravankara posts ₹83.74 crore net profit in Q2 FY27
Nov. 3, 2026, 3:09 a.m.
In the second quarter of FY27, Puravankara posted a remarkable consolidated profit after tax of ₹83.74 crore, showcasing an impressive 58.6% rise in total income, which hit ₹1,051.02 crore. Sales value soared by 109% to ₹2,762 crore, fueled by higher handovers and persistent demand. Additionally, customer collections surged 24% to ₹1,301 crore, highlighting a robust market performance.
Read MoreEFC (I)’s net profit rises 36% to ₹77.26 crore in Q2 FY27
Nov. 3, 2026, 2:59 a.m.
The company’s consolidated total income increased 33.4 per cent to ₹342.70 crore during the quarter. It also expanded its managed office portfolio in Pune and completed the acquisition of Ultrafresh Modular Solutions.
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