Real Estate News
Stay updated with the latest developments in the Indian real estate market.
Lodha Developers’ net profit rises 28% to ₹1,013.5 crore in Q2 FY27
Oct. 30, 2026, 3:14 p.m.
Lodha Developers reported a 28.3 percent rise in net profit after tax for the quarter ending September 30, 2026. This surge accompanied an 18.2 percent increase in total income when compared to the same quarter last year. Notably, pre-sales grew by 10 percent year-on-year, exceeding 40 percent of their annual target.
Read MoreSmartworks Coworking Spaces posts ₹25.64 crore net profit in Q2 FY27
Oct. 30, 2026, 10:32 a.m.
The company has reported impressive financial results for the quarter, with a total income reaching ₹605.30 crore. They saw a significant boost in revenue from operations, which jumped 39% compared to last year, coming in at ₹591 crore. Due to this growth, they have increased their revenue growth forecast for FY27 to a range of 33-35%.
Read MoreLandmark Group to invest ₹1,000 crore in Gurugram commercial project
Oct. 30, 2026, 9:52 a.m.
Landmark Group plans to invest around ₹1,000 crore in construction of Landmark One, its 2.1 million sq ft commercial project in Gurugram. The developer has raised ₹330 crore from SBI for the first phase and is also planning a mixed-use development on Dwarka Expressway. The two projects have combined estimated sales potential of ₹15,000 crore.
Read MoreReview committee wants to wave ₹40,000 per day penalty on Nagpur smart city contractors for delays
Oct. 30, 2026, 9:30 a.m.
A committee tasked with reviewing penalty-waiver applications from contractors engaged in Smart City initiatives is currently in session. These contractors have encountered delays stemming from various external hindrances impacting their work progress. The previously established penalties of Rs 40,000 per day could be rescinded based on the committee's evaluations. Recent discussions have revolved around specific land concerns and project-related packages that influence completion timelines.
Read MoreNoida authority clears decks to allot 13,000 more abadi plots in urban villages
Oct. 30, 2026, 8:30 a.m.
The Noida Authority has revised its Master Plan 2031 to prioritize pending allotments for farmers, with around 13,000 individuals awaiting developed plots for compensation. The amendments will specifically designate plots next to existing village abadi areas to streamline the allotment process. Following community feedback, this proposal will be forwarded to the state government for approval, potentially influencing land values in the surrounding areas as development continues.
Read MoreGIS, satellite surveys help Indore civic body curb construction violations
Oct. 30, 2026, 7:30 a.m.
The Indore Municipal Corporation has initiated a proactive approach using GIS technology and satellite surveillance to monitor unauthorized constructions throughout the city. In 2023 alone, they have identified 726 'Red Patches' indicating new developments. Numerous infractions have surfaced, revealing substantial deviations from sanctioned building plans. Property owners have received formal notices regarding these violations, and the corporation has already taken steps to demolish illegal stru
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