28 Jan 2026

WeWork India reported a net profit of INR 16.78 crore in the third quarter, a significant improvement from a loss of INR 83.11 crore in the same period last year, driven by higher revenue of INR 643.81 crore. For the first nine months, profits remained modest at INR 9.04 crore, though income rose steadily. Operating across eight major Indian cities with 73 centres covering 8.2 million sq ft, the company emphasizes profitable growth and technology-led differentiation. The Bengaluru-based Embassy Group promotes WeWork India, which went public last year following a successful IPO.Read more

28 Jan 2026

Chronos Properties, backed by Brookfield, has renewed an INR 148 crore bank guarantee to remain in contention for acquiring IL&FS headquarters property at Bandra Kurla Complex. The guarantee was submitted to comply with directions issued by the appellate tribunal, which had warned of possible disqualification. The case stems from a dispute over IL&FS decision to revise the property's consideration from INR 1,080 crore to INR 1,481 crore under contractual and valuation provisions. The appeal is scheduled for hearing on February 2.Read more

28 Jan 2026

Sundaram Home Finance reported a 20% year-on-year increase in net profit to INR 75.14 crore for the October-December 2025 quarter, supported by steady growth in loan disbursements and a sharp rise in activity within its Emerging Business segment. Disbursements during the quarter rose to INR 1,740.79 crore, while assets under management expanded 18% to INR 18,880 crore as of end-December 2025. The Emerging Business segment recorded more than a two-fold jump in quarterly disbursements, reflecting the company's increasing focus on smaller towns and non-metro markets. For the nine months ended December 31, 2025, profit growth remained strong, aided by branch expansion and rising demand for housing finance beyond metropolitan regions.Read more

28 Jan 2026

Bengaluru-based real estate developer RMZ has entered into a strategic partnership with the Mumbai Metropolitan Region Development Authority (MMRDA) and the City and Industrial Development Corporation of Maharashtra (CIDCO) to facilitate large-scale investments across the Mumbai Metropolitan Region. The collaboration, announced on the sidelines of the World Economic Forum annual meeting in Davos earlier this week, aims to enable phased investments of up to USD 30 billion over the next decade. The proposed investments will span commercial real estate, mixed-use developments, logistics parks, data centres, and allied infrastructure projects. Under the partnership framework, RMZ will focus on capital mobilisation and investment structuring, while MMRDA and CIDCO will support land identification, approvals, and statutory clearances. The initiative is expected to generate significant employment and support long-term urban and economic development across Mumbai and Navi Mumbai.Read more

28 Jan 2026

Godrej Industries is actively assessing acquisition opportunities in consumer goods and animal feed, despite high valuations in India's fast-growing market. Deal activity in the consumer sector has risen sharply, supported by strong economic fundamentals and investor interest. The group recently expanded its consumer portfolio through the acquisition of Muuchstac. While Godrej Agrovet continues to search for suitable animal feed targets, options remain limited. The company is also diversifying export markets amid U.S. tariff concerns and remains confident about its real estate business outlook.Read more

28 Jan 2026

The Nashik Municipal Corporation has intensified its property tax recovery drive to meet the INR 275 crore target set for the 2025-26 financial year. By late January, collections had reached INR 212 crore, leaving a gap of INR 63 crore. Revenue mobilisation slowed during the election period, but field-level action has resumed. Earlier, an amnesty scheme helped recover INR 66 crore from nearly 86,000 defaulters. The civic body is now focusing on notices, follow-ups, and enforcement to address current dues and a backlog nearing INR 500 crore.Read more

28 Jan 2026

EY Global Delivery Services India LLP has signed a five-year lease for about 1.72 lakh sq ft of office space at Embassy Oxygen Business Park in Sector 144, Noida, at a monthly rent of around INR 98.52 lakh, according to property registration documents. The leased space spans four floors including part of the podium and the second, third and fourth floors and reflects continued strong demand for Grade A office space from global consultancies and capability centres in the Delhi-NCR region. The lease commenced mid-2025 and includes a security deposit of INR 5.91 crore and a 15% rent escalation after three years. Industry experts say this transaction highlights Noida's growing appeal as an office location, driven by improving infrastructure, proximity to the Noida-Greater Noida Expressway and expanding lease activity across the marketRead more

27 Jan 2026

Real estate consultancy and brokerage platform PropertyPistol has raised INR 25 crore in a pre-Series B equity funding round led by noted investor Ashish Kacholia, with participation from existing shareholders. The fresh capital will be deployed to accelerate the company's expansion across key residential markets, particularly Delhi-NCR and Dubai. Founded in 2012, PropertyPistol has built a sizeable distribution network across India and the Middle East, with over 30 offices and a strong transaction track record. The fundraise comes as the company sharpens its focus on building a scalable, governance-led real estate distribution platform, while strengthening its presence in high-demand urban and overseas housing markets.Read more

27 Jan 2026

Demand and pricing momentum in India's luxury residential market could soften in the next financial year, with over half of affluent buyers anticipating a moderation, according to a survey by India Sotheby's International Realty (ISIR). While 56 per cent of high net worth individuals (HNIs) and ultra HNIs expect the current strength in luxury housing to cool during FY27, broader confidence in India's economic growth remains intact. A majority of respondents continue to back the country's long-term growth trajectory, supported by resilient capital markets and expanding wealth creation. The findings suggest that although buyer sentiment remains positive, the luxury housing segment may move into a phase of measured consolidation rather than aggressive expansion over the coming year.Read more

27 Jan 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) is set to undertake the second phase of development of the Vizhinjam international seaport in Kerala at an estimated cost of around INR 16,000 crore. The announcement is expected during the inauguration ceremony of phase two, to be held on Saturday evening in the presence of Kerala Chief Minister Pinarayi Vijayan. The expansion is aimed at transforming Vizhinjam into the largest transhipment hub in the Indian subcontinent by adding 4.1 million TEUs to the port's existing capacity. Phase two will feature advanced automation, new berths, extensive dredging and reclamation works, and the construction of India's deepest breakwater, reinforcing Vizhinjam's strategic role in global maritime trade.Read more