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Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR Listed realty firms tighten grip on land deals as market consolidates in FY26 Concorde leases 1.4 lakh sq ft to BHIVE at Bengaluru’s Econex Ramky Estates takes over ₹2,000-crore stressed residential projects from Skylark Builders in Bengaluru Brigade, Bain Capital to develop ₹2,200 crore mixed-use project in Bengaluru Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp Strong leasing boosts Mindspace REIT’s Q4 performance Embassy REIT eyes 10–12 msf acquisitions; demand tailwinds support growth MICL Group acquires 2 projects in South Mumbai with sales potential of ₹2,000 cr Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand Maharashtra amends sand policy, deploys flying squads to curb illegal mining DRA partners with California-based Slate AI for AI-led construction management GIFT City to expand its area by 15%; over 161 acres to be added Real estate shifts to delivery-led growth as RERA tightens norms: NBR Group Meghna Infracon to invest ₹500 cr on five redevelopment projects in Mumbai region Domestic capital drives 76% of India's real estate investment, foreign inflows stay muted: Report Nvidia inks 10-year lease for 7.6 lakh sq ft office space in Bengaluru Office market shines in Jan-Mar despite global headwinds; net leasing up 7% in top 7cities: JLL Mehul H Doshi assumes charge as president of CREDAI Chennai for 2026–2028 Sales of affordable homes down 23% in Jan-Mar to 16,273 units in top 8 cities: Knight Frank India real estate demand remains stable in Q1 despite launch slowdown: Equirus Lodha Developers bets on data centres and low leverage as it targets sustained growth after record FY26 Real estate deals down 63% to $763 mn in Jan-Mar against Dec quarter: Report Chalet Hotels acquires Udaipur resort for ₹171 crore Bengaluru’s next real estate boom to be driven by expansion of metro lines Sunteck Realty Q4 pre-sales rise 22% to ₹1,064 cr Capital inflows in Indian real estate rise 72% to record $5.1 billion in Jan-Mar: CBRE Table Space adds 4.25 lakh sqft in Mumbai, Pune Asset Homes charts road map for FY27; to launch 28 projects
TARC Q4 net profit at ₹1.6 crore; revenue jumps multifold...
By PTI · 2026-05-30 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Realty firm TARC Ltd has posted a consolidated net profit of ₹1.61 crore for the quarter ended March due to better income.

The company had posted a net loss of ₹104.56 crore in the year-ago period.

Its total income jumped to ₹300.01 crore during the fourth quarter of the last fiscal from ₹13.89 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday.

In 2025-26, the company posted a profit of ₹19.03 crore against a net loss of ₹231.28 crore in the preceding fiscal year.

The total income grew to ₹671.78 crore last fiscal from ₹38.88 crore in the 2024-25 financial year.

Amar Sarin, Managing Director & CEO of TARC Ltd, said: "The commencement of revenue recognition at TARC Tripundra (housing project) during Q4 FY25 marks a key inflection point, strengthening profitability and financial performance visibility".

Looking ahead, he said the company would focus on disciplined execution, phased launches and expansion of its luxury and ultra-luxury pipeline.

TARC Ltd has a huge land bank in the Delhi-NCR property market, and it would gradually launch projects to monetise the value.

Delhi-based TARC Ltd had in 2024 launched a super luxury residential project 'TARC Kailasa', spread over 6 acres of land in Kirti Nagar in the national capital. It is expecting a total revenue of around ₹4,500 crore from this ongoing project.

Published on May 30, 2026