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    2025 PROPERTY SALES GROWTH

    Sobha Ltd to launch Rs 22K cr worth housing projects in next 18 month to tap strong demand

    Sobha Ltd plans to launch 15 projects worth nearly Rs 22,000 crore over the next 18 months, spanning 16.7 million sq ft across residential and commercial spaces in cities including Bengaluru, Mumbai, Delhi-NCR, and Chennai.

    Uncle sold their grandfather’s 2 acre land without giving them a share, sister’s children files case, loses in Kerala High Court because of Hindu Law of Succession

    A sister's children claimed rights to their grandfather's land sold by their uncle. The Kerala High Court ruled against them. The court found that under traditional Hindu Mitakshara law, a father's self-acquired property devolved solely upon his male heir if he died before 1956. The sister's claim was therefore invalid. The uncle's sale was upheld.

    Brother got Rs 10 lakh cash from two sisters, tax dept had doubt and sent notice; he fought back and won case in ITAT Agra

    An Agra man successfully appealed a tax ruling that deemed gifts from his sisters as unexplained cash. The Income Tax Appellate Tribunal ruled that the gifts were genuine and properly documented. The tribunal emphasized that the tax department's failure to scrutinize the donors should not penalize the assessee. The appeal was allowed, treating the gifts as explained income.

    Signature Global raises Rs 875 cr via debentures to reduce debt, expand business

    Realty firm Signature Global has secured Rs 875 crore through non-convertible debentures. This funding will be used to clear existing debt and fuel business growth. The company aims to strengthen its financial position and expand its operations. Signature Global is a prominent real estate developer in India.

    UltraTech Cement Q2 results: Cons PAT zooms 75% YoY to Rs 1,232 crore, net sales jump 21%

    Aditya Birla Group company UltaTech Cements has released its results for the quarter ended September 2025, posting an impressive surge of 75.2% YoY to Rs 1,232 crore, while its net sales were up 21.3% YoY.

    Reliance Retail reports 19% sales growth year-on-year

    Reliance Retail reported a robust 19% year-on-year sales growth in Q2 2025-26, reaching Rs 79,128 crore, with net profit up 22%. The company highlighted that GST rate changes are expected to further boost consumption, benefiting from lower consumer prices.

    The Economic Times
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