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Bakeri Urban Development Pvt reports consolidated net profit of Rs 0.86 crore in the March 2026 quarter
Sales reported at Rs 1.88 crore
Cabinet clears Rs 2,169 crore worth Ahmedabad Metro airport extension
The Union Cabinet has approved the Ahmedabad Metro Phase 2A project. This 6-km extension will connect Koteshwar Road to the Sardar Vallabhbhai Patel International Airport. The project aims to improve urban mobility and connectivity to key development hubs. It will feature four elevated and one underground station.
Farmhouses, plots near Delhi NCR see demand surge as city homes get costlier
Homebuyers and investors are increasingly drawn to plotted developments and farmhouse communities within a two-hour drive of major cities. Rising urban housing costs are fueling this trend. Areas like Sonipat, Panipat, and Faridabad in NCR are seeing significant plotted development activity. Naugaon in Rajasthan is emerging as a popular destination for farmhouse projects.
More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations
As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.
Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projects
Leading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra Reclamation, and Andheri West. The Maharashtra Housing and Area Development Authority is overseeing the process. This initiative aims to upgrade living standards for residents in older colonies. It promises modern housing and improved urban infrastructure for thousands.
Bandhan Bank, Urban Company among 18 smallcaps where promoters decreased their stakes in Q4
Promoters reduced their holdings in 18 smallcap companies during the January to March quarter. Bandhan Bank, Urban Company, and Aadhar Housing Finance are among those where promoter stakes fell. This trend was identified in a report by JM Financial. Investors are watching these movements closely.
Nava Ltd leads losers in 'A' group
Housing & Urban Development Corporation Ltd, EPL Ltd, Texmaco Rail & Engineering Ltd and Ratnamani Metals & Tubes Ltd are among the other losers in the BSE's 'A' group today, 15 May 2026.
Housing & Urban Development Corporation consolidated net profit rises 172.26% in the March 2026 quarter
Sales rise 25.23% to Rs 3562.86 crore
Naredco proposes changes in Delhi’s TOD policy
In a bid to reshape Delhi's urban landscape, NAREDCO has put forth new suggestions for the city's Transit-Oriented Development policy. By advocating for a reduction in apartment size and price regulations, they aim to spark a boom in residential and commercial spaces.
NBCC, HUDCO partner for August Kranti Bhawan redevelopment, project funding
NBCC signs two MoUs with HUDCO to redevelop August Kranti Bhawan in Delhi and secure funding for self sustainable projects, aiming to speed execution and boost urban infrastructure.
Kevin Warsh’s US Fed chair hearing delayed amid pending paperwork
Kevin Warsh was scheduled to appear before the United States Senate Committee on Banking, Housing, and Urban Affairs on April 16.
TCS picks up 20-acre land in Kolkata’s New Town through 99-year lease
The West Bengal Housing Infrastructure Development Corporation (WBHIDCO), the state-run nodal agency responsible for developing New Town as a planned urban and technology hub, has allotted the land to the information technology services company.