Real Estate News

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UK homebuilders' shares slump as budget's first-time buyer scheme disappoints

Oct. 29, 2026, 3:04 a.m.

Following Minister John Healey's introduction of the 'Your First Home' scheme, shares of British homebuilders plummeted. Although aimed at assisting new buyers, the plan's limited funding and slow implementation worries developers, who will also contend with unexpectedly high fees. Analysts predict that this funding will only support sales for a couple of years, leaving builders hesitant to initiate new projects due to reduced profitability.

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Anant Raj's profit rises 13% to ₹156.49 crore in Q2 FY27

Oct. 29, 2026, 3 a.m.

Anant Raj Ltd has proudly announced a 13 percent surge in its consolidated net profit for the quarter ending in September. The net profit escalated to Rs 156.49 crore, up from Rs 138.18 crore in the previous year. Total income for the quarter reached Rs 678.95 crore, a notable rise from Rs 640.89 crore. Over the last six months, the company recorded a net profit of Rs 305.

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Omaxe losses narrow to ₹25.55 crore in Q2 FY27

Oct. 29, 2026, 2:58 a.m.

Omaxe Ltd has disclosed a consolidated net loss of Rs 25.55 crore for its September quarter, reflecting a noteworthy improvement from last year's loss of Rs 166.42 crore. The company reported a total income surge to Rs 613.91 crore for the second quarter, contributing to an impressive Rs 1,052.85 crore for the first half. Established in 1987, Omaxe remains a significant player in the real estate sector.

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PNB Housing Finance’s net profit rises 6% to ₹616.55 crore in Q2 FY27

Oct. 28, 2026, 2:22 p.m.

For the quarter ending September 30, 2026, PNB Housing Finance has reported a six percent increase in net profit. The company's total income also experienced a notable rise of 13.8 percent, amounting to ₹2,423.95 crore. The loan assets witnessed a significant growth of 19 percent, especially in the affordable market segments. Meanwhile, gross non-performing assets improved to 0.91 percent, bolstering overall financial stability.

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Arkade Developers’ net profit declines 46% to ₹24.80 crore in Q2 FY27

Oct. 28, 2026, 2:12 p.m.

Arkade Developers reported a striking 45.9 percent drop in net profit for the quarter ending September 30, 2026, with total income falling by 44.6 percent compared to the prior fiscal year. Notably, collections saw a 22 percent rise year-on-year, reaching ₹183 crore. In the first half of FY27, net profit declined by 41.1 percent alongside a 31.3 percent decrease in total income.

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Embassy Office Parks REIT’s NOI rises 15% to ₹1,069 crore in Q2 FY27

Oct. 28, 2026, 1:09 p.m.

Embassy REIT reported a robust performance for Q2 FY27, showing a 15 percent growth in net operating income, amounting to ₹1,069 crore. The operational revenue surged by 16 percent, hitting ₹1,303 crore. A distribution of ₹670.16 crore was declared by the board, marking a nine percent year-on-year increase. Moreover, the REIT successfully leased 1.

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