Real Estate Mumbai
Oberoi Realty Q2 FY26: Profitability Declines Amid Revenue Contraction
Oberoi Realty Ltd, a leading premium real estate developer in Mumbai, reported a challenging Q2 FY26 with a decline in net profit and revenue, raising concerns about the company's near-term momentum in the premium property market.
Real Estate Maharashtra
Maharashtra Revenue Department Removes Jurisdictional Restrictions on Document Adjudication in Mumbai
The Maharashtra Revenue Department has lifted jurisdictional restrictions on document adjudication in Mumbai, allowing citizens to register documents at any of the six stamp offices in the city. This move is expected to provide significant relief to residents and businesses.
Real Estate Maharashtra
Maharashtra's Property Registrations Remain Robust Despite RR Rate Hike
Despite a recent increase in ready reckoner (RR) rates, property registrations in Maharashtra continue to show strong performance, with the state collecting nearly half of its annual revenue target before Diwali.
Real Estate Pune
Kirloskar Group Aims for $5 Billion Revenue with ₹5,000 Crore Investment
The Kirloskar Group, a prominent Indian industrial conglomerate, has set an ambitious target of doubling its revenue to $5 billion by 2030. To achieve this, the group is investing ₹5,000 crore in expanding manufacturing capacities and diversifying into new areas such as real estate and financial services.
Real Estate Mumbai
Festive Season Boosts Mumbai Property Registrations: Knight Frank India Report
Mumbai saw a 20% increase in property registrations during Navratri 2025, with 6,238 units recorded, contributing to a 17% rise in state revenue collections. The festive season, stable interest rates, and improved affordability are driving this growth.
Real Estate Maharashtra
Steady Growth in Property Registration in Maharashtra Despite RR Rate Hike
Despite a recent hike in ready reckoner (RR) rates, property registration in Maharashtra continues to see steady growth, contributing significantly to the state's revenue.
Real Estate
ITAT Dismisses IT Additions Against Real Estate Developer Under PoCM Method
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed additions and enhancements made against a real estate developer, ruling that the actions of the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) [CIT(A)] were legally unfounded.
Real Estate Mumbai
Mumbai Sees 20% Rise in Property Registrations During Navratri
Greater Mumbai recorded a significant 20% increase in property registrations during Navratri, contributing to a 17% rise in state revenue collections.
Real Estate Mumbai
Mumbai's Property Boom: Navratri Registrations Surge 20%, Revenue Hits Record High
Mumbai's housing market witnessed a significant surge in property registrations during Navratri, with a 20% increase to 6,238 registrations and revenue collections reaching a record Rs 587 crore. Discover the key drivers behind this impressive growth.
real estate news
Mumbai's Property Market Thrives: Navratri Registrations Surge 20%, Revenue Hits New High
Mumbai's housing market witnessed a remarkable increase in property registrations during Navratri, resulting in a significant boost in revenue collections for the Maharashtra government.
Real Estate
Mumbai Property Registrations Surge 20% During Navratri 2025: Knight Frank
Mumbai's property market witnessed a significant 20% increase in registrations during Navratri 2025, contributing to a 17% rise in state revenue collections. The festive season, coupled with stable interest rates and improving affordability, has bolstered buyer confidence.
Real Estate Mumbai
Mumbai Metro Leases Commercial Spaces to Boost Non-Fare Revenue
Maha Mumbai Metro Operation Corporation Limited (MMMOCL) is leasing 68,166 sq ft of commercial space across multiple stations on Metro Lines 2A and 7 to generate additional non-fare revenue and enhance the operational viability of the metro network.
real estate news
HDFC Capital-Backed Reloy Aims for 75% Revenue Growth in FY26 on Robust Housing Sales
HDFC Capital-backed proptech Reloy is targeting a 75% revenue surge to Rs 50 crore this fiscal year, driven by strong demand in the housing market and its successful referral sales model.
Real Estate Pune
PMPML AGM Focuses on Revenue Model and Fleet Expansion to Boost Public Transport in Pune
The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) held its annual general meeting (AGM) to enhance the city's public transport system and ensure financial sustainability. Key decisions include appointing a consultant for revenue model development and procuring 1,000 new CNG buses.
Real Estate
NBCC Ltd: PSU Stock with ₹25,000 Cr Revenue Growth Guidance for FY28
NBCC Ltd, a leading construction company, has announced a strong revenue growth guidance of ₹25,000 crore for FY28. With a consolidated order book of ₹1.2 lakh crore, the company is poised for significant expansion in the coming years.
Real Estate Pune
PMC Seeks Public-Private Partnerships to Revitalize Pune’s Civic Assets
Pune Municipal Commissioner Naval Kishore Ram has called for public-private partnerships to enhance the city's revenue and better manage civic properties.
Real Estate Mumbai
Pune Civic Chief Vows Bold Decisions to Utilize Properties and Spaces
Pune Municipal Corporation (PMC) Chief Naval Kishore Ram emphasizes the need for private participation and bold decisions to effectively utilize and maintain civic properties and spaces.
Real Estate Pune
Pune Civic Chief Naval Kishore Ram Pledges Bold Decisions for Urban Development
Pune Municipal Corporation (PMC) Chief Naval Kishore Ram outlines plans to enhance civic amenities and revenue generation through public-private partnerships (PPP) at the NAREDCO Pune Growth Conclave.
Real Estate
Indian Railways Taps Prime Mumbai Land for Development with Revenue Share Model
The Rail Land Development Authority (RLDA) plans to open up three prime plots in Mahalaxmi, Bandra East, and Parel for commercial and residential development on a 99-year lease, aiming to raise over Rs 8,000 crore.
Real Estate Pune
Kinshuk Shrivastava Takes the Helm as Cluster Director of Revenue for Novotel Pune and Novotel Imagica
Kinshuk Shrivastava, with a decade of experience in revenue strategy and hotel operations, has been appointed as the Cluster Director of Revenue for Novotel Pune Nagar Road and Novotel Imagica Khopoli. His expertise in forecasting, data analytics, and yield management will drive strategic revenue growth and business performance.