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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.
Emirates to deploy A380 on Delhi route from October; expands Premium Economy to 6 Indian cities
Emirates will introduce its A380 aircraft on the Dubai-Delhi route starting October 25. This move expands the airline's double-decker service to a third Indian city. Premium Economy will also become available on six Indian destinations by month's end. The airline cites strong demand as a reason for these network enhancements. Emirates is also opening new retail travel stores and a call centre in India.
Former ASK Asset director Bharat Shah's family buys 4 Mumbai luxury apartments for Rs 179 cr
Family members of Bharat Shah acquired four luxury apartments in Mumbai's Worli area. The total cost for these residences reached approximately Rs 180 crore from the developer. These four apartments are located on the 34th and 35th floors of Wing A. Registration documents show the deal includes sixteen car parking spaces. This transaction highlights continued demand for premium housing in Mumbai's prime locations.
Marico targets Rs 15,000 crore revenue in FY27, eyes Rs 20,000 crore by FY30 on premiumisation push
Marico aims for Rs 15,000 crore revenue by FY27 and Rs 20,000 crore by FY30. The company is focusing on premium products and expanding its digital-first brands. Its total addressable market is expected to triple by FY30. Marico's digital-first portfolio already generates over Rs 1,100 crore annually. The foods business crossed Rs 1,000 crore revenue in FY26.
Private life insurers outpace LIC as industry new business premium rises 16.6% in Q1
Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players grew faster than LIC, driven by regular premium products. Total new business premium collected reached Rs 1.09 lakh crore in the period. Insurers are preparing for upcoming regulatory changes and improving demand. Private companies gained market share while LIC retained its dominant position.
BSE SME Sampark India Logistics stays on track with a premium market debut
Sampark India Logistics traded at Rs 93.45 on the BSE, a 11.25% premium to the issue price of Rs 84.
South-based developers step up Mumbai play amid strong housing demand
Several large South Indian real estate developers are now entering Mumbai's property market. They are strategically focusing on redevelopment projects and joint development agreements. This approach offers a capital-efficient entry into India's most expensive housing market. Mumbai's sustained housing demand and redevelopment opportunities attract these new entrants. The trend is intensifying competition in the city's premium and mid-income housing segments.
'Telcos may do well in Q1; tariff hikes likely in H2,' say analysts
Telecom operators are poised for single-digit revenue growth this quarter, driven by steady subscriber additions and users opting for premium 4G/5G plans. Analysts anticipate tariff hikes in the latter half of the fiscal year, with projections ranging from 10-20%. Bharti Airtel and Vodafone Idea are expected to see user base expansion, contributing to ARPU increases, though recent earnings reflect the absence of immediate price adjustments.
Cracks in cola kingdom: India's duopoly faces biggest test in decades
India's cola market is undergoing a significant transformation, moving beyond the traditional Coca-Cola vs. PepsiCo rivalry. Reliance's Campa revival ignited a price war, while ITC's new premium, sugar-free coconut cola signals a shift towards health, premiumization, and niche offerings. This evolving landscape caters to health-conscious consumers seeking alternatives, indicating a more dynamic and diversified future for the Indian beverage sector.
SIS announces share buyback worth up to Rs 120 cr
SIS Limited, a prominent security and facility management firm, has announced its fifth share buyback program, aiming to repurchase shares worth up to Rs 120 crore. This move, priced at a 10% premium to its recent closing price, will bring the total capital returned to shareholders since 2017 to approximately Rs 720 crore.
Home sales fall to three-year low in June quarter
Home sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties and supply chain issues have dampened buyer sentiment. Despite this, new project launches saw an annual increase, particularly in premium segments and infrastructure-driven areas. While most major cities saw sales decline, Kolkata, Hyderabad, and Bengaluru registered modest yearly growth.
Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentiment
Residential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions and supply chain issues are cited as key factors dampening buyer sentiment. Despite an overall decline, premium housing segments and specific cities like Bengaluru and MMR showed resilience, with new launches increasing year-on-year, though quarterly supply saw a drop.