SUNTECK REALTY CMD KAMAL
Biker-ex-cop Anand Mishra is BJP's bet to reclaim Buxar seat
Former IPS officer Anand Mishra will contest the Buxar assembly seat for the BJP in the 2025 elections. Mishra, who previously ran as an independent, gained significant support. He aims to connect with voters through welfare schemes and his informal approach. The BJP faces challenges in the constituency but is confident in Mishra's ability to overcome them and bring development.
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.
'We will celebrate Diwali on November 14 with NDA's historic win': Chirag Paswan ahead of Bihar polls
Chirag Paswan's Lok Janshakti Party (Ram Vilas) declared the NDA in Bihar united and well-coordinated for the upcoming assembly elections, dismissing opposition claims of friction. Paswan expressed confidence in a "historic victory" under Nitish Kumar's leadership, with seat-sharing finalized among NDA constituents.
Neeraj Dewan sees consumer, realty and financials driving Diwali market rally
As Diwali approaches, markets have seen a strong rally led by large-cap banking and consumer stocks. Neeraj Dewan anticipates corporate earnings will drive future momentum, with consumer-facing sectors, financials like Jio Financial, and real estate stocks such as DLF and Max Real Estate showing promise for investors.
Emami Realty CEO Nitesh Kumar appointed MCCI infrastructure & realty council co-chairman
In an exciting development, Nitesh Kumar takes the helm as Co-Chairman of the Merchant's Chamber of Commerce & Industry's infrastructure and real estate council for the upcoming 2025-26 term. This role is a testament to his invaluable contributions to the real estate sector.
Sunteck Realty Q2 Results: Profit rises 41% YoY to Rs 48.96 crore
Sunteck Realty has announced strong financial results. The company's net profit surged by 41 percent in the second quarter of this fiscal year. This impressive growth was driven by higher income. Total income also saw a significant rise compared to the same period last year. Sunteck Realty is a prominent real estate developer in India.
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Ola Electric shares rise over 15% in 3 sessions. What’s fuelling the rally?
Shares of Ola Electric rose nearly 5% to Rs 57.80 after the EV maker launched Ola Shakti, its entry into the energy storage business. The portable battery system powers home appliances and small businesses, with four configurations priced between Rs 29,999 and Rs 1,59,999. The company expects BESS demand to surpass automotive battery consumption in the coming years.
House of Hiranandani acquires land parcel in Mumbai's Andheri
Realty developer House of Hiranandani is expanding its commercial real estate presence in Mumbai. The company has acquired a land parcel in Andheri East. A new premium commercial tower will be developed on this plot with an investment exceeding Rs 500 crore. This project aims to meet the growing demand for Grade A office spaces in the western suburbs.
Sunteck Realty reports 34% rise in July-September pre-sales at Rs 702 crore
Sunteck Realty reported a significant 34% year-on-year increase in pre-sales to Rs 702 crore for the September quarter, driven by strong demand in the Mumbai Metropolitan Region. The company's net profit also saw a 41% rise to Rs 49 crore.
When Hema Malini felt sorry for superstar's wife: 'She smoke and drank a lot, she was lonely...'
Hema Malini's biography details her deep bond with Dimple Kapadia. Dimple married Rajesh Khanna at sixteen, sacrificing her film career. Hema observed Dimple's struggles with solitude and early motherhood. They confided in each other during personal challenges. Dimple also offered blunt advice on Hema's relationship with Dharmendra. Their enduring friendship spanned decades and professional collaborations.
Ola Electric enters battery storage segment with homegrown Ola Shakti system
Ola Electric has entered India's burgeoning battery energy storage systems market with the launch of Ola Shakti, its first residential BESS solution. This move aims to leverage the country's energy storage opportunity, turning it into energy independence by enabling homes to store and intelligently use clean energy.
Ola Electric shares hit 5% upper circuit on foray into energy storage biz with Ola Shakti
Ola Electric shares hit a 5% upper circuit after the company announced its entry into the energy storage market with “Ola Shakti,” a residential battery energy storage system. The innovation, built on indigenous 4680 Bharat Cells, marks Ola’s expansion beyond EVs into clean energy, targeting homes and small businesses.
M3M Group to invest Rs 2,100 crore to build ultra-luxury homes under Jacob & Co brand in Noida
M3M India is investing Rs 2,100 crore to develop Jacob & Co-branded ultra-luxury homes in Noida, marking the luxury brand's first housing project in India. The 6-acre development, expected to generate Rs 3,500 crore in revenue over three years, will offer premium residences priced between Rs 14-25 crore.
LJP (RV) names 14 candidates, fields mix of old and new faces
Chirag Paswan's LJP(RV) has made headlines by announcing its inaugural list of 14 candidates, claiming significant positions in key areas like Govindganj and Brahmpur. In a surprising twist, they have taken over several constituencies that were contested by JDU during the last elections.
Godrej Properties acquires 26-acre land in Bengaluru for Rs 1,100 cr housing project
Godrej Properties has made an impressive acquisition, securing a key 26-acre site along Bengaluru’s thriving Sarjapur Road corridor. The firm plans to develop a luxurious residential project here, which is anticipated to bring in a remarkable Rs 1,100 crore in revenue. This venture marks a strategic expansion for Godrej Properties within the flourishing real estate markets of India.
One Prastha Realty, an NCR-based developer has raised Rs 80 crore from Capri Global for future expansion
One Prastha Realty has secured Rs 80 crore from Capri Global to fuel its expansion, primarily for its 57-acre township project in Sonipat. This strategic funding will support timely project delivery and land acquisition, bolstering Sonipat's appeal as a prime real estate micro-market. The investment highlights growing institutional interest in the region, driven by improved connectivity and corporate presence.
Branded residences gain traction in India amid growing wealth base
India is rapidly emerging as a significant global player in branded residences, ranking sixth worldwide for live projects. Driven by a growing high-net-worth population and interest in international luxury brands, the sector is poised for substantial future growth, with key cities leading the charge.
3 more expats join Zubeen Garg's death probe; 11 summoned
Three Assamese expatriates who were with singer Zubeen Garg on the yacht before his death in Singapore have appeared before the Special Investigation Team (SIT). The SIT has summoned all 11 Assamese individuals present that day and is awaiting clearance to travel to Singapore for further investigation.
Aurobindo Pharma promoters raise Rs 2k cr to fund realty, other asset buys
The transaction is split into two parts. The Rs 650 crore Series 1 comes with a 24-month tenor and a two-year put and call option, and Rs 1,450 crore, which will be Series 2 with a four-year tenor. Series 1 will carry a coupon of 11.75%, while Series 2 is likely to be priced at 15.5%.
Former Bharat Electronics CMD V. Gowtama Mannava joins Olee.Space as strategic production advisor
Olee.Space, a photonics and defense technology firm, has appointed Venkateswara Gowtama Mannava, former Chairman and Managing Director of Bharat Electronics Limited, as its Strategic Production Advisor. With over four decades of experience, Gowtama will guide Olee.Space in developing advanced defense electronic systems, including LIDAR and secure communication networks, aligning with India's self-reliance vision.
Kirloskar bets on realty, NBFC ops to drive growth
The Kirloskar Group is embarking on a significant growth phase, aiming for a threefold revenue increase to $6 billion in five years. This expansion involves sharpening focus on real estate and financial services, alongside strengthening core engineering businesses. The conglomerate is also strategically relocating manufacturing units to free up land for premium real estate development.
Cough syrup tragedy: Kamal Nath meets kin of deceased kids, blames administration for negligence
Former Madhya Pradesh Chief Minister Kamal Nath visited Chhindwara. He met families whose children died after consuming a contaminated cough syrup. Nath alleged administrative negligence by the state government. He demanded strict punishment and Rs 50 lakh compensation for each victim's family. The deaths are linked to a cough syrup manufactured in Tamil Nadu.
Aspect Realty looks to hand over 600 SRA flats in Worli by Jan next year
Aspect Realty will hand over over 600 flats in Worli by January 2026. The developer revived a 17-year-old stalled slum rehabilitation project. Each 300 sq ft unit will be delivered with essential amenities. This project provides ownership and security to families. The CEO expressed pride in the fast-tracked construction and quality.
Aspect Realty looks to hand over 600 SRA flats in Worli by January next year
Aspect Realty anticipates handing over over 600 slum rehabilitation flats in Worli by January 2026. The developer revived the 17-year-stalled Rs 450-crore project, clearing dues and restarting construction. Each 300 sq ft unit will be fully equipped, offering families ownership and security after years of delay. CEO Kedar Chapekar highlighted the team's dedication in fast-tracking quality construction.
Ajmera Realty & Infra Q2 sales bookings jump nearly three-fold to Rs 720cr
Ajmera Realty & Infra India Ltd reported a significant surge in sales bookings, reaching Rs 720 crore in the second quarter of this fiscal, a nearly threefold increase from Rs 254 crore in the previous year. For the first half of the fiscal, sales bookings climbed 48% to Rs 828 crore, indicating robust demand for the company's housing projects.
Tata Housing sells flats worth over Rs 1,000 crore in new project at Bengaluru
Tata Housing has achieved over Rs 1,000 crore in sales for its Varnam Phase I residential project in Bengaluru. Launched in August 2025, the project, part of the 135-acre Carnatica township, has sold 377 units. This success highlights the strong demand in Bengaluru's premium housing market and Tata Housing's strategic approach to integrated townships.
Sunteck Realty aims Rs 20k cr revenue from 2 new ultra-luxury housing projects in Mumbai, Dubai
Sunteck Realty Ltd will launch two new ultra-luxury housing projects in Mumbai and Dubai by June next year with an estimated revenue of Rs 20,000 crore, a top company official has said.
Sunteck Realty buys land in Dubai to develop ultra-luxury homes
Sunteck Realty has acquired prime land in Dubai Downtown and Nepean Sea Road, Mumbai, under its new ultra-luxury vertical Emaance, planning ₹20,000 crore projects. These 1.8 mn sq ft developments target exclusivity, with prices above ₹2.5 lakh/sq ft. Dubai marks its first overseas venture, tapping growing demand for high-end housing in India and abroad.
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