22 Jan 2026

Real estate investment in Uttar Pradesh recorded strong growth in 2025, rising about 53 per cent to nearly INR 69,000 crore, as per the Uttar Pradesh RERA chairman. The increase reflects rising interest from developers across India, supported by quicker approvals and improved regulatory processes. Project registrations and housing completions also saw a steady rise compared to the previous two years. Development activity expanded beyond NCR into several Tier II and Tier III cities, while select markets such as Ayodhya witnessed a sharp rise in land prices, indicating sustained demand.Read more

21 Jan 2026

Wonder Home Finance has secured an investment of INR 500 crore from Growtheum Capital Partners to strengthen its capital base and accelerate expansion across India's affordable housing finance segment. The funding will be used to widen the company's branch network, grow its loan book, and further enhance systems, risk management, and governance frameworks. Jaipur-headquartered Wonder Home Finance focuses on serving borrowers with informal and semi-formal income profiles in urban and semi-urban markets. With operations spanning 136 branches across 12 states and assets under management exceeding INR 3,000 crore, the company has recorded strong growth over the past five years, positioning it to benefit from sustained demand for affordable housing finance.Read more

21 Jan 2026

PhonePe has secured regulatory approval from SEBI to move ahead with its IPO and is expected to file its Updated Draft Red Herring Prospectus soon. The issue will be a pure Offer for Sale, with no fresh capital being raised. The company remains the market leader in UPI transactions, holding over 45 per cent share and processing nearly 10 billion transactions in the last reported month. For FY24-25, PhonePe reported strong revenue growth, positive operating cash flow, and a sharp rise in adjusted profitability.Read more

21 Jan 2026

Indian Railway Finance Corporation Limited recorded a 10.51 per cent rise in net profit for the third quarter of the current financial year, even as its total income saw a marginal decline. The railway financing arm benefited from lower expenses and steady asset growth during the quarter. Assets under management reached a record level, while net worth strengthened compared to the previous fiscal year. The company also achieved its full-year sanction target within nine months, reflecting continued funding support for Indian Railways'; rolling stock and infrastructure requirements.Read more

21 Jan 2026

Embassy Developments has announced plans to invest INR 7,000 crore in the Mumbai Metropolitan Region to strengthen its residential presence. The investment will support the launch of three new luxury housing projects in Juhu, Worli and Alibaug, along with the completion of three ongoing developments. The company expects the new projects to generate over INR 12,000 crore in revenue, reflecting confidence in sustained housing demand. Formerly Indiabulls Real Estate, Embassy Developments is now part of the Bengaluru-based Embassy Group, which has a long-standing presence in Indian real estate.Read more

21 Jan 2026

National Real Estate Development and Investment Company recorded a net profit of 427,052 Rials for the full fiscal year. The results reflect the company's steady focus on expanding its residential and commercial property portfolio while managing costs efficiently. Analysts observe that these outcomes demonstrate consistent performance despite challenging market conditions. The company's strategic investments and disciplined development approach have contributed to sustainable profitability. Overall, the annual results reinforce National Real Estate Development's position as a stable player in the real estate sector.Read more

21 Jan 2026

Smartworks Coworking Spaces Ltd reported a return to profitability in the third quarter of FY26, supported by strong revenue growth and improving operational performance. The company posted a consolidated net profit of INR 1.24 crore for the October-December quarter, reversing a loss recorded in the same period last year. Total income rose sharply, reflecting sustained demand from large enterprise clients and higher portfolio maturity. For the first nine months of the fiscal year, losses narrowed significantly, underscoring improving financial stability. Management described the quarter as the strongest in the company's history, highlighting long-tenure enterprise contracts and client expansions as key growth drivers. With a growing footprint across India and Singapore, Smartworks expects momentum to continue in the coming quarters.Read more

21 Jan 2026

Neinor Homes' preliminary results show a significant rise in net profit following its acquisition of Aedas Homes. Revenues and EBITDA reached the upper limits of the company's 2025 guidance. The firm completed around 2,900 housing unit deliveries and achieved pre-sales of approximately 1,000 million euros, closing the year with a pre-sales order book exceeding 1,200 million euros. The Aedas Homes acquisition strengthened the company's project portfolio, enhanced delivery capacity, and improved financial performance, demonstrating its capacity to integrate acquisitions while sustaining strong market demand for residential developments in Spain.Read more

21 Jan 2026

The Municipal Corporation of Delhi has achieved its highest property tax collection so far, crossing INR 2,700 crore in the current financial year up to December-end. The collection marks a rise of around 45% compared to the same period last year. The increase has been supported by growth in the registered taxpayer base and strong participation in the SUNIYO tax amnesty scheme, which waived penalties and interest on past dues. Despite improved compliance, a large number of registered properties are yet to clear outstanding payments.Read more

21 Jan 2026

Leela Palaces Hotels & Resorts Ltd reported a sharp rise in consolidated net profit for the third quarter ended December 2025, driven by robust revenue growth and strong demand in the luxury hospitality segment. Net profit increased to INR 147.88 crore, more than doubling from the same period last year, supported by higher room rates and sustained occupancy levels. Revenue from operations grew 21% year-on-year to INR 457.43 crore, significantly outperforming broader industry growth trends. While total expenses also rose during the quarter, profitability remained strong. The company also accounted for the incremental financial impact of recently notified labour codes as exceptional items. Management highlighted disciplined expansion efforts, including new domestic and international strategic initiatives, reinforcing the brand's premium positioning and long-term growth strategy.Read more