DLF’s net profit rises 10% to ₹1,301.35 crore in Q2 FY27

For the quarter that ended on September 30, 2026, DLF has declared a consolidated profit after tax amounting to ₹1,301.35 crore. The total income of the company rose slightly by 1.6% to ₹2,297.30 crore, bolstered by new sales bookings that reached ₹3,800 crore. Despite returning roughly ₹1,980 crore to shareholders as dividends, DLF boasts a strong net cash position of ₹15,084 crore.

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Delhi HC denies anticipatory bail to Nayan Raheja in enforcement directorate case

The Delhi High Court has denied anticipatory bail to real estate mogul Nayan Raheja, citing his lack of cooperation with the Enforcement Directorate. Raheja's failure to respond to multiple summonses has raised concerns, leading to the conclusion that custodial interrogation is essential for probing the serious allegations of money laundering linked to substantial amounts from homebuyers, highlighting persistent issues in the business sector's ethical conduct.

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Birla Estates in advance talks to buy 10-acre plot in Noida for ₹1,000 crore

Birla Estates is in talks to acquire a 10-acre site in Noida from the Shipra Group for Rs 1,000 crore. The company intends to build a luxury residential development on this prime land in central Noida. This follows Birla Estates' recent collaboration with Sikka Group on another project in Greater Noida.

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Strange that buyers who have paid in full can’t register flats because of govt-builder dispute: Allahabad HC

Homebuyers at Ajnara Homes in Greater Noida West are facing a registration standstill due to unpaid dues, prompting the Allahabad High Court to seek solutions from involved authorities. APV Realty Limited owes upwards of Rs 60 crore, which has created a backlog where approximately 75,000 flats remain unregistered in Noida and Greater Noida. The matter is scheduled for another court hearing on October 30.

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Maharashtra government bars registration of documents related to unauthorised constructions

In a move to safeguard homebuyers, the Maharashtra government has mandated Sub-Registrars to halt the registration of documents connected to unauthorized constructions. The objective is to prevent residents from facing financial setbacks linked to illegal buildings. Developers are now required to present multiple compliance certificates prior to selling properties in registered projects. Buildings lacking proper authorization must be regularized before any transactions, or face potential demolition.

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Aditya Birla Sun Life AMC, BGO target $1 billion real estate portfolio

The plan to deploy more capital comes as developers increasingly turn to institutional investors for structured capital amid regulatory changes, sector consolidation and stronger balance sheets among leading players.

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BNP Paribas leases five lakh sq ft office in Mindspace REIT’s Chennai complex

BNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial commercial complex and is among the largest in the city this year. Office rentals in this area are approximately Rs 90 per square foot per month. Chennai is increasingly appealing to multinational companies due to lower operating costs and a skilled talent pool.

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