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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
Shriram Properties Q4 net profit up 65% y-o-y to ₹78.5 crore
By BL Bengaluru Bureau · 2026-05-25 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
Shriram-Properties Logo

Shriram-Properties Logo | Photo Credit: Hand-out

Real estate developer Shriram Properties has seen its net profit grow 65 per cent year-on-year (y-oy-) in Q4FY26 to ₹78.5 crore. Total revenue grew by 55 per cent y-o-y to ₹662.7 crore.

Bookings were at ₹2,354 crore, which equals to 4.2 million sq ft for FY26. For the quarter, sales booking stood at ₹663 crore, and the company projects stronger sales momentum for FY27.

However, the company noted that land costs have also gone up by 287 per cent to ₹137 crores due to rising prices of land in high demand micro markets like Sarjapur, where it acquired 4 acres of land in February this year.

Recently the company resolved its long-standing Kolkata land dispute by returning 42 acres of land to the State government through its subsidiary, Bengal Shriram Hitech City.

Murali M, Chairman and Managing Director of SPL, said, “FY26 marks a defining year for the Company, demonstrating the strength of our business model, execution capabilities and resilience in navigating external challenges.

He added that this quarter’s momentum has boosted the company’s confidence and outlook for the coming financial year.

On a full-year basis (FY26), SPL has posted operating cash flows of ₹271 crore and Free Cash Flow (FCF) before new project investments of ₹224 crore in FY26. SPL invested nearly ₹370 crore towards new project investments during the year. The company has 18+ msf of new projects already in the pipeline for launch over the next three years.

Shares of Sriram Properties closed at ₹91, up 8.57 per cent on the BSE today.

Published on May 25, 2026