05 Aug 2025

Aptus Value Housing Finance India posted a 27.66% year-on-year rise in net profit to INR 219.25 crore for Q1 FY26, with total income climbing 31% to INR 530.14 crore. Assets under management grew 24% to INR 11,267 crore, while disbursements reached INR 775 crore. Over 90% of customer agreements and 94% of collections were digital. Operating profit after tax rose 31% to INR 296 crore, with stable spreads and moderate expenses. Though NPAs rose slightly to 1.49%, credit costs remained within target. The company reaffirmed its digital-first strategy and aims to grow AUM to INR 25,000 crore by FY29. CARE upgraded its credit rating outlook to 'AA; Stable'.Read more

04 Aug 2025

Embassy Office Parks REIT, Asia's largest office REIT by area, recorded its highest-ever first-quarter leasing performance with 2.0 million square feet transacted across 25 deals. The firm noted a 13% year-on-year rise in revenue and a 15% increase in net operating income. Strong pre-leasing activity was witnessed in Chennai, and the REIT raised INR 4,225 crores in debt to capitalise on favourable market conditions. Additionally, it initiated the divestment of strata-owned blocks in Bengaluru and explored new development opportunities in Whitefield.Read more

04 Aug 2025

The latest Equirus Securities report shows that Real Estate Investment Trusts have captured approximately 43 % of all capital raised through primary markets since FY18, while small-cap real estate firms have generated an impressive 17 % return in the past year outperforming REITs at 15.2 %, mid-caps at 2.5 %, and large-cap realty firms which posted negative returns. Meanwhile, the warehousing segment has doubled in scale, helped by policy reforms and expanding demand from e-commerce. Overall, investor appetite has shifted decisively toward nimble, high-growth firms and income-yielding instruments.Read more

04 Aug 2025

Greater Visakhapatnam Municipal Corporation has rolled out a new mechanism to automatically update property tax records in the name of new owners following property registration. This reform removes the need for manual name change applications and visits to municipal offices. Mutation charges are now collected at the sub-registrar's office itself, triggering real-time data integration into GVMC's system. Officials have called on citizens to stay informed about the new process, which is being seen as a major administrative ease measure in Andhra Pradesh's ongoing push for urban digitisation and governance transparency.Read more

04 Aug 2025

The Uttar Pradesh government has increased the property value cap under its 1% stamp duty relief scheme for women buyers from INR 10 lakh to INR 1 crore. With this change, a woman purchasing property in her name can now save up to INR 1 lakh on registration, especially in urban centres like Noida and Ghaziabad. The move is expected to boost homeownership among women, promote joint ownership within families, and support housing demand in the mid-segment market. Real estate players, however, feel the cap could be raised further to reflect the prevailing market values.Read more

04 Aug 2025

Ranchi's district registration office saw a sudden spike in land registrations this past week, as homebuyers and investors rushed to complete their paperwork before the nearly 10% hike in circle rates came into effect. The increase will impact all 53 municipal wards and 13 surrounding mouzas, leading to a direct rise in stamp duty and registration charges. A total of 1,523 properties were registered in July almost double the average monthly count. The hike affects both residential and commercial land valuations, prompting a last-minute rush among buyers.Read more

04 Aug 2025

Knowledge Realty Trust, backed by Sattva Group and global investment giant Blackstone, is all set to launch its INR 4,800 crore Real Estate Investment Trust (REIT) Initial Public Offering (IPO). The REIT recorded a 19% growth in net operating income (NOI), touching INR 3,432.26 crore in the previous financial year. With 46.3 million sq ft in total leasable space and an expected Gross Asset Value (GAV) of INR 61,998.9 crore by March 2025, KRT is poised to become the largest office REIT in the country by both GAV and NOI.Read more

04 Aug 2025

Omaxe Group has secured INR 500 crore in funding from Oaktree Capital Management L.P. This investment aims to speed up the completion of Omaxe's residential, commercial, and public-private partnership (PPP) projects, while also providing funds for ongoing developments. A significant portion of this funding, INR 431 crore, was raised by Omaxe New Chandigarh Developers through non-convertible debentures via private placement. The funding highlights Omaxe's focus on strengthening its balance sheet, having repaid over INR 1,200 crore to lenders recently, and its strategy to explore new growth opportunities in key markets.Read more

03 Aug 2025

Sundaram Home Finance Ltd recorded a net profit of INR 62 crore for the April-June 2025 quarter, a slight decrease from the previous year. Despite this, the company saw increased disbursements, which rose to INR 1,488 crore. Its Assets Under Management (AUM) also grew significantly, reaching INR 18,027 crore by June 30, 2025. As a wholly-owned subsidiary of Sundaram Finance Ltd, the company expanded its operations by opening two new branches in Madhya Pradesh, highlighting its continued growth in the housing finance sector across India, offering various loan products for homes and properties.Read more

02 Aug 2025

Arvind SmartSpaces reported a 159% rise in net profit in the first quarter of FY26 compared to the same time last year. Revenue also went up by around 37% year-on-year. However, the company saw a sharp decline in profit and revenue when compared to the previous quarter. Bookings and collections were lower too. Despite this, it maintained strong cash flow and had no net debt. The company plans to launch new projects worth INR 5,000 crore across Gujarat, Bengaluru, and Mumbai Metropolitan Region.Read more