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Ashish Mishra

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No immediate tariff shock for co-working demand, says Awfis Chief

BUSINESS

No immediate tariff shock for co-working demand, says Awfis Chief

Awfis, which listed on the stock exchange in May 2024, plans to add 40,000 seats or roughly 2.2 million square feet (msf) of space across different parts of the country in FY26. The company will be spending Rs 200 crore as capex in FY26.

Awfis Q1FY26 operational revenue soars 30 percent YoY to Rs 335 crore

BUSINESS

Awfis Q1FY26 operational revenue soars 30 percent YoY to Rs 335 crore

The company's operating EBITDA margin stands at about Rs 127 crore. Awfis' PAT for Q1FY26 stands at Rs 10 crore as against Rs 3 crore in Q1FY25.

Greater Noida pips Delhi in rental growth, emerges as hotspot with 20.7% QoQ surge

BUSINESS

Greater Noida pips Delhi in rental growth, emerges as hotspot with 20.7% QoQ surge

Data showed that housing rental rates saw substantial escalations in Kolkata (13.7 percent), Ahmedabad (12.2 percent), Hyderabad (11.5 percent) and Chennai (11.2 percent), contributing to an overall robust rise in rents across India.

DLF commits Rs 5,000 crore capex each in FY26 and FY27

BUSINESS

DLF commits Rs 5,000 crore capex each in FY26 and FY27

DLF’s rental portfolio has operating assets of about 43-44 million square feet (msf) - which includes office parks, IT/ITeS SEZs, retail spaces and hospitality ventures.

RBI’s decision to hold rates will give housing demand a push in festival season, say experts

BUSINESS

RBI’s decision to hold rates will give housing demand a push in festival season, say experts

After three straight rate cuts, MPC decided to hold the repo rate steady at 5.5%. The upcoming festival season and range-bound inflation are expected to boost market momentum further, say experts

Tesla leases 33,000 sq ft in Gurugram for service and delivery of EVs at an annual rent of Rs 4.82 crore

BUSINESS

Tesla leases 33,000 sq ft in Gurugram for service and delivery of EVs at an annual rent of Rs 4.82 crore

The lease deed showed that the space leased at Orchid Business Park will serve as Tesla’s electrical vehicle service centre, retail store and delivery centre.

DLF to launch projects worth Rs 63,000 crore in medium term

BUSINESS

DLF to launch projects worth Rs 63,000 crore in medium term

For Q1, India's largest realty firm reported a 19 percent YoY jump in its consolidated net profit at Rs 766 crore

Nimbus Group to invest Rs 1,100 crore to develop residential project in Noida, eyes Rs 1,500 crore topline

BUSINESS

Nimbus Group to invest Rs 1,100 crore to develop residential project in Noida, eyes Rs 1,500 crore topline

It was a stuck project and the Nimbus Group has acquired it from Sunworld Developers under co-developers policy of the Noida Authority. The project also got its RERA approval in July 2025.

DLF Q1FY26 Results: Net profit rises 19% to Rs 766 crore, builder registers bookings worth Rs 11,425 crore

BUSINESS

DLF Q1FY26 Results: Net profit rises 19% to Rs 766 crore, builder registers bookings worth Rs 11,425 crore

India's largest realty firm DLF's consolidated revenue stood at Rs 2,981 crore while the company’s EBITDA was Rs 628 crore at the end of the Q1FY26. The realty firm has a net cash position of Rs 7,980 crore.

Delhi CM aims to turn slums into homes, seeks PPP models from realtors

BUSINESS

Delhi CM aims to turn slums into homes, seeks PPP models from realtors

The chief minister added that the state government just needs two years to revamp Delhi and cover past 10 years’ developmental backlog.

Tier-1 housing market hits record Rs 3.6 lakh crore sales in H1 2025; NCR and MMR lead

BUSINESS

Tier-1 housing market hits record Rs 3.6 lakh crore sales in H1 2025; NCR and MMR lead

The National Capital Region (NCR) topped the chart in revenue contribution, accounting for 26 percent of the market share. It was followed by Mumbai Metropolitan Region (MMR) with 23 percent revenue share.

CBI launches massive crackdown on builders and banks over homebuyer fraud in NCR

BUSINESS

CBI launches massive crackdown on builders and banks over homebuyer fraud in NCR

CBI conducted searches at 47 locations across NCR, across Delhi Gurugram, Noida, Greater Noida and Ghaziabad. Various incriminating documents and some electronic evidences have been seized during the searches.

Riding the wave: Real Estate IPOs raise Rs 40,000 crore since 2021

BUSINESS

Riding the wave: Real Estate IPOs raise Rs 40,000 crore since 2021

Heightened activity in the equity markets has continued into 2025 too as the year has already seen 92 IPOs. The realty sector continues to leverage equity markets, with seven IPOs raising a cumulative Rs 7,600 crore in CY2025 to date.

Buying your first home? Here are five things to keep in mind

BUSINESS

Buying your first home? Here are five things to keep in mind

The excitement of owning your first home is unmatched. However, navigating this process requires careful planning and clarity. Whether it is budgeting or location selection and legal checks, every decision counts.

Domestic money pours into Indian realty: Capital inflows surge 29% in Q2, led by resilient segments

BUSINESS

Domestic money pours into Indian realty: Capital inflows surge 29% in Q2, led by resilient segments

Market observers said that this uptick, defying global macroeconomic uncertainties, is largely propelled by a newfound confidence from domestic investors, which registered a significant surge annually.

Retail sector sees 2.24 msf of leasing in Q2 2025; vacancies drop further

BUSINESS

Retail sector sees 2.24 msf of leasing in Q2 2025; vacancies drop further

Hyderabad, Mumbai, and Delhi-NCR were the top-performing markets. Collectively, they accounted for over 70 percent of the leasing in the quarter.

Luxury boom: Mumbai's ultra-luxury homes priced above Rs 10 crore smash record sales of Rs 14,750 crore in H1 2025

BUSINESS

Luxury boom: Mumbai's ultra-luxury homes priced above Rs 10 crore smash record sales of Rs 14,750 crore in H1 2025

Worli retained its lead as the most preferred luxury destination, contributing 22 percent of primary sales value. Other thriving micro-markets included Bandra West, Tardeo, Prabhadevi, and Malabar Hill.

REITs hold 13% of India's Grade-A office stock, record 15% capital growth in last 12 months

BUSINESS

REITs hold 13% of India's Grade-A office stock, record 15% capital growth in last 12 months

According to Cushman & Wakefield, during the 12-month period up to June 2025, all three-office REIT stocks delivered more than 15 percent capital appreciation.

Ahmedabad's commercial ascent: BFSI demand leading to shift towards 'landlord-favourable' market

BUSINESS

Ahmedabad's commercial ascent: BFSI demand leading to shift towards 'landlord-favourable' market

BFSI, at 56 percent, is followed by IT/ITES sector with 30 percent share in total office leasing, and industrials at 8 percent. Ahmedabad’s total Grade-A office stock currently stands at 30.5 million square feet (msf), with a vacancy rate of 19.6 percent.

Developers adopt new-age tech, sustainable practices to drive India’s green building boom

BUSINESS

Developers adopt new-age tech, sustainable practices to drive India’s green building boom

According to Savills data, there has been a surge in green building certifications, with over 7,000 IGBC certified projects in India, accounting for a total built-up area of around 1,370 msf

Housing inventory dips 3% in Q2; top 4 cities hold 79% of unsold stock

BUSINESS

Housing inventory dips 3% in Q2; top 4 cities hold 79% of unsold stock

According to data from ANAROCK, the Mumbai Metropolitan Region, Hyderabad, the National Capital Region, and Pune collectively hold 79 percent of the total housing inventory in these major markets.

Home prices rise 3.5% in April–June sequentially, new supply slows: data

BUSINESS

Home prices rise 3.5% in April–June sequentially, new supply slows: data

On a year-on-year basis, home prices grew by nearly 24 percent during the reported period, according to a report from Magicbricks.

BITS Pilani to set up Rs 1000 crore 'AI+ campus' in Amaravati

BUSINESS

BITS Pilani to set up Rs 1000 crore 'AI+ campus' in Amaravati

Birla, who is also Chairman of Aditya Birla Group, said that the Amaravati Campus would see an investment of approximately Rs 1,000 crore over a period of five years.

Zomato founder Deepinder Goyal registers Rs 52.3 crore super luxury apartment purchase at DLF Camellias

BUSINESS

Zomato founder Deepinder Goyal registers Rs 52.3 crore super luxury apartment purchase at DLF Camellias

The conveyance deed was executed in March with Goyal paying Rs 3.66 crore in stamp duty. The 10,813 square feet apartment comes with five parking spaces

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