Real Estate
HSBC Sees 26% Profit Drop to $15.8B Due to China and Real Estate Challenges
HSBC Holdings reports a 26% decline in profit, largely due to losses in China and deteriorating real estate conditions in Hong Kong. CEO Georges Elhedery outlines strategic shifts to navigate the tough economic landscape.
real estate news
RDB Real Estate Construction Reaches New 52-Week High Amid Market Decline
RDB Real Estate Construction's stock has hit a new 52-week high of Rs. 292.6, marking a significant milestone despite broader market declines. The company has outperformed its sector and is trading above key moving averages, highlighting a strong upward trend.
Real Estate Mumbai
Aditya Birla Real Estate Reports Rs 27 Crore Loss in Q1, Income Plummets 55%
Aditya Birla Real Estate Limited (ABREL) reported a significant net loss of Rs 27.08 crore in the first quarter of FY26, a stark contrast to the Rs 17.35 crore profit recorded in the same period last year. The company’s total income also fell by 56.9%.
Real Estate
Ajmera Realty Reports 65% Decline in Q1 Sales Value, Carpet Area Sales Drop 52%
Ajmera Realty has reported a significant decline in sales value and carpet area sold in Q1 FY26, with a 65% drop in sales value and a 52% decline in carpet area compared to the same period last year.
real estate news
Asian Paints Shares Fall 2% Amid CCI Investigation
Asian Paints' shares have declined by nearly 2% following an investigation by the Competition Commission of India (CCI) into allegations of market dominance abuse.
Real Estate
India's Housing Market Faces 20% Sales Drop in Q2 2025 Amid Property Price Hikes and Global Tensions
India's housing market saw a significant downturn in the second quarter of 2025, with sales in the top seven cities declining by 20% year-on-year to 96,285 units, according to data from Anarock. This decline is attributed to a mix of domestic and global disruptions, including military actions and rising property prices.