Market News
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Bengaluru, Mumbai, Delhi NCR: A tale of three housing markets
Bengaluru's housing market shows strong growth fueled by its expanding technology sector. Mumbai remains India's largest residential market, absorbing new supply effectively. Delhi-NCR faces a slowdown as premium homes dominate its available inventory. These contrasting trends indicate future property cycles will depend on job and investment growth. Infrastructure development is increasingly shaping buyer decisions across these key cities.
M3M India lines up Rs 2,500 crore for land acquisition
M3M India will invest Rs 2,500 crore in land acquisition over coming months. The company plans to accelerate construction of its extensive under-development portfolio. This significant investment will be funded by customer receivables and existing cash reserves. M3M India aims to expand its presence in Noida through upcoming land auctions. The developer is also completing several residential and commercial projects this financial year.
Standard Engineering Technology announces equity investment in GL Hakko, Japan
Standard Engineering Technology (SETL) today announced an equity investment in GL Hakko Co., (GL Hakko) Japan, a manufacturer of glass-lined process equipment. GL Hakko is a member of the AGI Group, which is SETL's technology partner and, as a group, its second-largest shareholder after the promoters.
Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projects
Prestige Estates Projects is set to invest a substantial Rs 15,000 crore this fiscal year in developing residential and commercial properties across key South Indian regions, Mumbai, and Delhi-NCR. Following a record Rs 30,024 crore in sales bookings last fiscal, the company is prioritizing timely project execution. This significant investment underscores their commitment to disciplined growth and expanding their robust project pipeline.
Artha Bharat unveils GIFT City's first physical gold investment fund
Artha Bharat Investment Managers IFSC has launched GIFT City's first physical gold fund, with the scheme tracking international spot gold prices through LBMA-standard bullion
Oberoi Realty bets big on NCR with Rs 6,000 crore investment in Gurugram project
Oberoi Realty is making a significant Rs 6,000 crore investment in its inaugural NCR project, a sprawling ultra-luxury residential development in Gurugram. The company sees the region as a key growth market, potentially rivaling Mumbai. This ambitious venture, featuring seven towers and retail space, aims for a substantial revenue of Rs 16,000 crore, signaling Oberoi Realty's pan-India expansion strategy.
Oberoi Realty makes Delhi-NCR debut with Rs 6,000 crore housing project
Mumbai's Oberoi Realty has officially entered the Delhi-NCR market, launching its maiden luxury housing project, 'Three Sixty North,' in Gurugram. This ambitious venture, with a total investment of Rs 6,000 crore, aims to replicate the company's success in Mumbai. The first phase, featuring 832 units, has commenced with prices starting at Rs 19 crore.
Omaxe shares jump 16% after announcing an investment 4x its market cap for new vertical
Of the 19 planned hotels, 12 will be located in Uttar Pradesh, including two each in Ayodhya, Kaushambi and Vrindavan, three in Lucknow, and one each in Prayagraj, Ghaziabad and Gorakhpur.
Raymond James strategist sees India as a value allocation; likes financials, energy
Matt Orton, Chief Market Strategist, Raymond James Investment explains why he remains constructive on global equities despite US-Iran tensions, shares his outlook on the Magnificent Seven, Federal Reserve policy, and highlights financials, small caps and India as attractive investment opportunities.
Up over 100% since March! Multibagger small-cap stock to be in focus on Monday; here’s why
Standard Engineering plans to acquire a 51% stake in GScale Energy for ₹190 crore, marking its entry into AI data-centre infrastructure. The investment is part of a ₹500 crore program focusing on growth and capacity expansion in this emerging market.
Embassy Developments rises after signing MoU for Rs 1,500-cr Lucknow project
Embassy Developments advanced 4.48% to Rs 64.43 after signing a non-binding MoU with the Government of Uttar Pradesh for a proposed commercial real estate project in Lucknow, involving an estimated investment of around Rs 1,500 crore.
MHADA’s 925-acre Mumbai redevelopment pipeline may draw Rs 4 lakh cr investment
Mumbai's housing redevelopment is set for a massive Rs 4 lakh crore investment, promising 75,000 rehabilitation tenements and 30,000 MHADA units. This large-scale urban renewal, covering 925 acres across 11 projects, aims to transform ageing colonies and densely populated areas. The new Construction & Development Agency model prioritizes residents with transit rent support and maintenance funds, attracting major developers like Adani and Reliance.