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Prestige Estates Projects reports record FY26 sales and collections
On Monday (April 13), shares of Prestige Estates Projects Limited ended at ₹1,300.00, down by ₹21.30, or 1.61%, on the BSE.
Arisinfra signs ₹800 crore materials supply pact with Capacit’e Infraprojects for 5 years
As per the agreement, Arisinfra will supply materials for various infrastructure, commercial, and real estate projects undertaken by Capacit’e Infraprojects and its subsidiaries or associates.
Swiggy shares drop over 4% after co-founder Lakshmi Nandan Reddy Obul resigns
Swiggy co-founder Lakshmi Nandan Reddy Obul will be stepping down from his board position and moving on from Swiggy to pursue personal independent projects, the company informed the exchanges.
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.
NCLAT upholds project-specific insolvency action for realty firms
Homebuyers' insolvency cases against real estate firms will now be limited to the specific project facing default. The National Company Law Appellate Tribunal has ruled that extending these proceedings to other projects of the company is not beneficial for homebuyers or other stakeholders. This decision ensures that unrelated projects are protected.
Railways clears 100 projects worth Rs 1.53 lakh crore in FY26; expansion more than doubles yoy
Indian Railways is set for a major expansion in FY 2025-26. The Ministry of Railways has sanctioned 100 projects with a Rs 1.53 lakh crore investment. This initiative will add over 6,000 kilometers of new railway lines and upgrade existing ones. Projects will focus on decongesting routes, improving services, and connecting underserved regions.
NCLAT reaffirms project-specific insolvency proceedings against realty firms
The National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the project with the default. This decision prevents unrelated projects from being affected. The tribunal emphasized that this approach protects the interests of homebuyers and stakeholders in other developments.
Enviro Infra wins two EPC contracts worth ₹972 crore for sewage projects
Enviro Infra Engineering wins two EPC contracts worth ₹972 crore to build sewage treatment plants and sewer networks under Swachh Bharat Mission Urban 2.0. Shares of Enviro Infra Engineering ended higher on Friday, April 10, by 1.25% at ₹173.15 on the NSE.
Godrej Properties shares gain after surpassing bookings guidance for FY26 but collections miss
Godrej Properties said it added 18 new projects in FY26 with a total estimated booking value potential of ₹42,100 crore for a total estimated saleable area of around 33.32 million square feet. This included six new projects in the fourth quarter with an expected booking value of ₹17,450 crore for a total estimated saleable area of around 11 million square feet.
Adani Green Energy's arm inks pact with UAE firm to develop renewable energy projects in India
Adani Green Energy Limited's UAE arm has partnered with Minerva Holding RSC. This joint venture will focus on developing renewable energy projects within India. Minerva Holding is a subsidiary of EPointZero Holding RSC Ltd, which is part of the UAE's International Holding Company PJSC. Adani Green Energy will hold a stake in this new venture.
Prestige Estates, ABIL Group to develop ₹9,000 crore residential project in Mumbai's Versova
Shares of Prestige Estates Projects Limited ended at ₹1,318.20, down by ₹3.70, or 0.28%, on the BSE.
Why India’s hotel demand will outpace supply, but Sarovar won’t rush to sign everything
Sarovar Hotels is targeting growth in India's hotel sector, focusing on smaller cities and emerging markets where demand exceeds supply. The company remains discerning about new projects and is adapting to mixed-use developments while addressing talent shortages in the hospitality industry.