23 Jan 2026

DLF Ltd has reported a 14% year-on-year increase in its consolidated net profit for the December quarter of FY26, supported by a sharp rise in total income. The country's largest listed real estate developer posted a net profit of INR 1,203.36 crore for the October-December period, compared with INR 1,058.73 crore in the corresponding quarter of the previous financial year. Total income for the quarter rose to INR 2,479.54 crore, up from INR 1,737.47 crore a year earlier, reflecting improved operational performance across its core business segments. DLF is engaged in the development of residential, office, and retail assets and continues to remain a key bellwether for India's organised real estate sector. The latest quarterly results highlight stable profitability amid a market that has seen selective demand and tighter capital discipline.Read more

23 Jan 2026

Industry body NAREDCO has called on the Union government to introduce targeted policy measures for the real estate sector in the forthcoming Budget, including a sharp increase in the home loan interest deduction limit and the grant of industry status. The association has sought a rise in the interest deduction cap for self-occupied homes to INR 5 lakh from the current INR 2 lakh, alongside a revision in the definition of affordable housing. It has proposed that homes priced up to INR 75-80 lakh be classified as affordable, instead of the existing INR 45 lakh threshold. NAREDCO said these steps would support housing demand, particularly in the affordable and mid-income segments. The body also highlighted the need to promote rental housing through fiscal incentives, citing low rental yields that deter private developers from investing in rental-led projects.Read more

23 Jan 2026

Major Wall Street banks are holding discussions with the Trump administration to influence emerging policy proposals aimed at reducing the cost of living in the United States, even as they raise concerns over the effectiveness of several headline measures. Bank executives have pushed back against ideas such as capping credit card interest rates, warning of potential disruptions to credit availability, while offering alternative suggestions focused on retirement savings, intergenerational wealth transfer and housing supply. The engagement reflects broader efforts by the financial sector to steer policy outcomes ahead of the US mid-term elections, with affordability remaining a critical voter issue. However, industry sources caution that most proposals under discussion are unlikely to deliver immediate relief, particularly in housing, where structural supply constraints continue to exert upward pressure on prices despite easing inflation.Read more

22 Jan 2026

Balgopal Commercial Limited has approved the acquisition of a 100 per cent stake in Dreamax Estates, according to a regulatory disclosure. The move will result in Dreamax Estates becoming a wholly owned subsidiary of the company. While the financial terms and completion timeline have not been announced, the decision reflects Balgopal Commercial's strategy to expand through acquisitions and strengthen its real estate-related footprint. The transaction follows the company's recent efforts to diversify operations and explore new growth avenues through asset-backed businesses.Read more

22 Jan 2026

First Industrial Realty Trust has clarified the tax treatment for its common stock distributions, providing guidance to shareholders on how these payments should be handled for tax purposes. The company urged investors to seek advice from tax professionals to accurately report these distributions. This update forms part of the company's ongoing efforts to maintain transparency and regulatory compliance. As a prominent industrial real estate trust, First Industrial Realty Trust continues to keep shareholders informed about financial implications of its distributions and related obligations.Read more

22 Jan 2026

The Pune Municipal Corporation has extended its property tax amnesty scheme after collecting INR 713 crore from defaulters during the initial phase. Around 1.24 lakh property owners cleared pending dues by availing a 75% waiver on penalties. The scheme helped ease long-standing tax arrears that had increased due to monthly penalties on delayed payments. Encouraged by the response, the civic body decided to allow more time for additional defaulters to participate. The collections are expected to support municipal finances as budget preparations continue.Read more

22 Jan 2026

Bank of Baroda and IIFCL have signed an agreement to jointly finance and syndicate loans for a wide range of infrastructure projects in India. The partnership aims to accelerate key infrastructure developments, with a focus on sectors like transportation, energy, and urban development. IIFCL emphasizes long-term and sustainable funding, targeting green finance, MSMEs, and rural projects to promote inclusive growth. With Bank of Baroda's extensive network, the collaboration seeks to offer innovative financing solutions that support India's growing infrastructure needs.Read more

22 Jan 2026

The Adani Group has announced an investment plan of over INR 6 lakh crore spanning aviation, clean energy, urban infrastructure, digital platforms and advanced manufacturing. Presented at the World Economic Forum in Davos, the roadmap covers projects across Maharashtra, Assam and Jharkhand. Key initiatives include aviation and renewable energy projects in Assam, major urban and airport-linked developments in Maharashtra, and investments in data centres, hydropower, manufacturing and energy transition. The strategy reflects a move towards integrated, technology-led infrastructure platforms aligned with national growth priorities.Read more

22 Jan 2026

EAAA India Alternatives, part of Edelweiss Financial Services, has filed draft papers with SEBI to launch an INR 1,500 crore initial public offering. The proposed issue is entirely an offer for sale by Edelweiss, with no fresh issue component. Founded in 2008, the platform operates across alternative asset classes including infrastructure, commercial real estate and private credit. As of late September 2025, it managed assets worth over INR 65,500 crore and served a wide base of domestic and global investors.Read more

22 Jan 2026

KPI Green Energy recorded strong financial performance in the quarter ended December 31, 2025, with consolidated net profit rising nearly 48 per cent to INR 125.80 crore. The growth was driven by a sharp increase in total income, which climbed to INR 676.05 crore from INR 466.09 crore a year earlier. Expenses also moved up during the quarter due to higher operational activity. Alongside the results, the company announced a third interim dividend of INR 0.20 per share for FY26.Read more