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Sobha Q1 Update: Sales bookings hit record ₹3,656 crore, up 76% YoY
During the quarter, the company completed 671 homes across eight projects, covering a total saleable area of 10.8 lakh square feet. Shares of Sobha Ltd ended at ₹1,440.75, up by ₹4.40, or 0.31%, on the BSE.
Max Estates Q1 Update: Pre-sales surge over 5x to ₹1,100 crore; sells 487 homes
Shares of Max Estates Ltd ended at ₹425.10, up by ₹4.40, or 1.05%, on the BSE.
Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore
Prestige Estates will acquire a 50% stake in Advent Convention and Hotels International for up to ₹504 crore in cash, giving it a share in a commercial project coming up in Mumbai's Andheri East with an estimated development value of around ₹4,500 crore.
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
Max Estates ends higher after reporting five-fold jump in Q1 pre-sales
Max Estates gained 1.05% to settle at Rs 439.05 after the company achieved total pre-sales of Rs 1,100 crore in Q1 FY27, marking five fold increase over the corresponding quarter of the previous year.
Max Estates Q1 sales bookings jump five-fold to Rs 1,100 cr on strong housing demand
Max Estates Ltd has reported a remarkable fivefold surge in sales bookings, reaching Rs 1,100 crore in the first quarter of this fiscal year. This impressive growth is attributed to robust demand for its housing projects across Delhi-NCR, particularly in Gurugram and Noida. The company also launched a new project in Gurugram with significant revenue potential, underscoring its strong market position and commitment to meeting buyer expectations.
Raymond Realty gains 10% as Q1 pre-sales more than double; FY27 margin guidance maintained
Raymond Realty maintained its FY27 EBITDA margin guidance of 17%-19%, saying the first-quarter margin profile was in line with expectations and reflected the seasonality associated with the real estate development cycle.
Raymond Realty rallies on strong Q1 operational update
Raymond Realty surged 7.59% to Rs 679.95 after the company's pre-sales surged 129% to Rs 700 crore in Q1 FY27 from Rs 306 crore posted in Q1 FY26.
National Standard (India) Ltd leads losers in 'B' group
Digicontent Ltd, Cura Technologies Ltd, Wheels India Ltd and Clean Max Enviro Energy Solutions Ltd are among the other losers in the BSE's 'B' group today, 03 July 2026.
Supreme Court stays Delhi government's CAG audit of power discoms
In a significant ruling, the Supreme Court has put a stop to the Delhi government's planned inquiry into power distribution companies. This comes in light of the government's push for a Comptroller and Auditor General (CAG) examination into the staggering Rs 38,500 crore accrued in Regulatory Assets, intended to be passed on to consumers. The court's decision followed input from the Delhi Electricity Regulatory Commission alongside private discom representatives.
Lodha shares rise over 3% as CLSA highlights technical breakout, attractive valuations
CLSA said Lodha has recently completed a significant basing-and-consolidation pattern breakout, making it one of its preferred technical picks, while Jefferies noted that the quarter is likely to fall short of the company's FY27 pre-sales guidance of ₹24,000 crore.
Marathon Nextgen Realty announces redevelopment project in Versova, Mumbai
With revenue potential of Rs 450 cr