Raymond Realty reported a sharp surge in its net profit to INR 60.18 crore for the September quarter, compared with INR 4.92 crore a year earlier. Total income rose to INR 705.79 crore, up from INR 226.73 crore in the same period last year. The company, officially listed on July 1, 2025, following its demerger from Raymond Ltd, noted that results are not directly comparable due to the restructuring effective April 1, 2025. The strong quarterly performance highlights Raymond Realty's growth momentum and successful transition as an independent entity, underscoring its expanding footprint and resilience in India's residential real estate market.Read more

Suraj Estate Developers, a Mumbai-based realty firm, reported a 4% rise in profit after tax to INR 33.1 crore for the September quarter, up from INR 31.8 crore last year, driven by new project launches across prime city locations. Total income grew 32.6% year-on-year to INR 145.4 crore, while pre-sales surged 89% quarter-on-quarter and 42% year-on-year to INR 153 crore, led by the launches of Suraj Aureva (Prabhadevi) and Suraj Parkview 1 (Dadar West). Director Rahul Thomas said the firm is on track to meet its FY26 launch target of INR 2,000 crore GDV, including a commercial project worth INR 1,200 crore, reinforcing its strong growth momentum in Mumbai's real estate market.Read more

Sundaram Home Finance, a subsidiary of Sundaram Finance Ltd, reported a strong performance in the July-September 2025 quarter with a 69% rise in net profit to INR 74.68 crore. The company's total disbursements increased by 9% to INR 1,681 crore, while its Assets Under Management reached INR 18,753 crore, up 21% year-on-year. Its Emerging Business segment, which focuses on small-ticket loans, recorded a threefold increase in disbursements and expanded its network to over 50 branches. The company remains confident of maintaining its growth in the second half of the financial year.Read more

The Navi Mumbai Municipal Corporation (NMMC) has collected over INR 500 crore in property tax during the first seven months of the current financial year from nearly 1.63 lakh property holders across its eight divisions. Of this, INR 313.70 crore came through digital modes and INR 186.41 crore through offline payments. The civic body, led by commissioner Dr Kailash Shinde, credited citizen participation, awareness drives, and digital initiatives for the growth and is aiming to cross INR 1,000 crore in total collection this fiscal.Read more

Godrej Housing Finance, a subsidiary of Godrej Capital, has ventured into eastern India with the opening of a new branch in Kolkata. The move marks the company's strategic expansion in the eastern and northeastern markets, aimed at strengthening its national presence. The new branch will act as a regional hub, offering home loans, including exclusive schemes for women with special interest rates and complimentary health insurance coverage.Read more

Aditya Birla Real Estate Ltd reported a net loss of INR 17.82 crore for the quarter ending September, compared with a net profit of INR 2.82 crore in the same period last year. The company's total income dropped to INR 113.23 crore from INR 275.82 crore, reflecting a slowdown in sales and project completions. Analysts attribute the decline to weak real estate demand and delays in new launches. Despite the setback, the developer-part of the Aditya Birla Group-remains well-positioned with a diversified project portfolio across key markets. The firm expects to recover as market sentiment improves and project execution gains momentum in upcoming quarters.Read more

Maharashtra has secured investment commitments worth INR 56,000 crore for the growth of its maritime and port infrastructure. The agreements, finalised under the state's port-led development strategy, are expected to strengthen logistics, shipbuilding, and coastal trade operations. These projects aim to generate large-scale employment and enhance connectivity to global trade routes. The state government plans to expand existing ports, develop new ones, and support industries linked to ship repair, warehousing, and coastal shipping. The initiative aligns with India's vision of modernising maritime logistics and increasing its share in global shipping activity.Read more

Signature Global Ltd has raised INR 875 crore through non-convertible debentures (NCDs) issued to the International Finance Corporation (IFC), the World Bank's lending arm. The Gurugram-based developer plans to utilize these funds for mid-income and ESG-aligned housing projects while also reducing existing debt. Following strong pre-sales in the previous fiscal year, the company targets INR 12,500 crore in sales bookings for FY26. Signature Global, which has delivered 15.7 million sq ft so far, continues to expand with a robust project pipeline across multiple segments.Read more

Singapore-based firm Lighthouse Canton plans to deploy more than USD 1.5 billion in India over the next three to four years, with over USD 1 billion earmarked for private credit and USD 500 million aimed at real estate. Already having invested over USD 350 million in Indian alternative assets and managing a 1.2 million sq ft life-sciences real-estate portfolio in Hyderabad, the firm is launching an India-focused private credit fund targeted at raising INR 10-15 billion by January 2026. The strategy aligns with rising demand for private credit in India and broadens Lighthouse's presence via seven offices and expansions in Bengaluru and Mumbai.Read more

India is considering a proposal to increase the foreign investment limit in state-run banks from the current 20% to 49%. The Finance Ministry and the Reserve Bank of India (RBI) have been discussing the plan to help government-owned banks attract more foreign capital and bring their rules closer to those of private lenders, which allow up to 74% foreign ownership. The proposal, still under review, includes safeguards such as maintaining a minimum 51% government stake and limiting individual voting rights to 10%.Read more