HOUSING AND URBAN DEVELOPMENT CORPORATION LTD Q4 RESULTS
Global capital turns selective, India stays on the investment map: Hines' Steinbach
Hines' Global CIO, David Steinbach, highlights India's growing importance in global real estate investment due to its stability, domestic demand, and policy reforms. Despite global economic uncertainties, India's office, living, and industrial sectors show resilience and potential. Hines focuses on high-quality assets, leveraging local partnerships to capitalize on India's long-term urban and economic growth.
Before viksit-ing India, save our cities
Recent heavy rains caused severe flooding in Delhi-NCR, particularly Gurgaon. This exposed the area's infrastructure problems. Poor planning and construction are major issues. The government is seeking feedback on infrastructure development. Coordinated urban planning is needed along national highways. Plans must be foolproof and implemented with quality. This is to prevent future breakdowns.
Britannia expects half of its sales from rural markets in next 3-4 years: Varun Berry
Britannia aims for half its domestic sales from rural markets in 3–4 years, up from 40% now, said Vice Chairman & MD Varun Berry. The company is expanding direct distribution to small villages for steady product availability. Rural sales are outpacing urban, where consumption faces cost pressures. Britannia directly covers 3 million outlets, adding 1 lakh annually.
Mid-size housing projects set to gain most from GST rationalisation, says Amit Mamgain
The Goods and Services Tax rate change on cement and construction materials may help mid-size housing projects. Amit Mamgain of Yugen Infra says lower taxes will help developers and buyers. Metro cities may see more demand. Affordable housing will not change much. New rates may start after September 22, 2025.
Urban Company IPO risks explained: 12 warnings on operations, regulations and valuation
Urban Company's upcoming IPO, opening September 10, carries inherent risks for investors. The Red Herring Prospectus highlights concerns including sustained losses, intense competition, and high marketing costs. Dependency on gig workers, legal and regulatory challenges, and potential data security breaches also pose threats. Furthermore, reliance on limited service categories and geographic concentration could impact business.
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Earnings recovery to drive market momentum: Mayuresh Joshi
Indian equity markets saw a 1% gain but stayed below 25,000, prompting analysis of underlying trends. GST rationalization is expected to boost volumes and margins from Q3, benefiting India Inc. Metals led sectoral gains, supported by potential US rate cuts and improved India-China ties. Despite positive indicators, markets remain cautious, awaiting earnings reset and resolution on US tariffs.
Max Estates buys Rs 534 cr land in Gurgaon, eyes Rs 3,000 cr project
Max Estates has acquired a 7.25-acre land parcel on Golf Course Extension Road in Gurgaon for Rs 534 crore, potentially developing 1.3 million sq. ft. with a revenue of Rs 3,000 crore. This acquisition expands Max Estates' Gurugram portfolio to nearly 10 million sq. ft.
Colive partners with Sattva Group, Bain Capital to set up $ 100mn fund to build rental homes
Co-living space provider Colive has set up a USD 100 million platform in partnership with Bain Capital and realty firm Sattva Group to develop rental homes.
GST rationalisation could increase pressure on the oil and gas sector, says ICRA
The Goods and Services Tax rationalisation is set to impact various Indian sectors. Oil and gas may face increased production costs. However, consumer demand and producer sentiment are likely to improve. Renewable energy projects can expect reduced capital costs. The automobile industry anticipates a revival in sales. Rural housing will benefit from lower cement taxes.
Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?
AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.
Big cheer for homebuyers! Homes may get cheaper with lower GST on cement
The government's decision to lower the GST on cement from 28% to 18%, effective September 22, 2025, is expected to reduce housing construction costs. Experts predict a 5-7% decrease in overall project expenses, particularly benefiting affordable and mid-income housing. Notably, cement is a crucial construction material, contributing between 10-12% of construction costs.
US economy in recession soon? State-level data signals downturn ahead as Moody’s warns Trump’s tariffs add looming risk
U.S. economy may be closer to recession than Washington admits. Fresh state-level data shows key regions like California and New York already faltering, and Moody’s chief economist Mark Zandi warns Trump’s tariffs could accelerate the downturn nationwide.
Land bank, digital planning in Maharashtra’s housing policy to reshape urban future
Maharashtra govt is launching a new housing policy. It will use a state land bank to increase affordable housing. The policy includes a digital platform for housing information. A district-wise housing demand survey will be conducted by 2026. The policy also focuses on housing for industrial labor and migrant workers.
Bain Capital, Sattva launch $100 million coliving platform
The new platform will be dedicated to acquiring land, developing flagship communities, and delivering purpose built rental housing across India’s largest urban centers. As part of the partnership, Colive also raised $20 million in strategic funding, spearheaded by Bain Capital.
GST relief on building materials set to ease construction costs, support housing
The GST Council's decision to lower tax rates on essential construction materials like cement, marble, and granite is poised to benefit the real estate sector. This move is expected to reduce project costs for developers and homebuyers, potentially leading to increased housing affordability and accelerated project launches.
Urban Company bets on quick service Insta Help as a growth driver
Urban Company is betting on its new Insta Help service, which offers quick access to trained house-helps, to boost user engagement and repeat usage. Currently available in select cities, Insta Help aims to fulfill service requests within 15-30 minutes, targeting situations where regular help is unavailable. This launch occurs amidst growing investment in the quick house-help sector.
Parsvnath Developers posts Rs 347cr loss in FY25
Parsvnath Developers Ltd, based in Delhi, reported a consolidated net loss of Rs 347.27 crore for the fiscal year 2024-25, an improvement from the Rs 594.13 crore loss in the previous year. However, the realty firm's total income decreased to Rs 303.45 crore from Rs 493.72 crore. The company has developed numerous residential and commercial projects primarily in North India.
Austere Systems IPO opens today with 8% GMP. Check issue size, price band and other details
Austere Systems, an IT company, launches its IPO on Wednesday. The IPO aims to raise Rs 15.57 crore. It has already generated significant interest in the grey market. The IPO will remain open until September 8. Allotment is expected the following day. Listing on the BSE SME platform is tentatively scheduled for September 11.
From Golf Course to water course: Why Millennium City Gurgaon turns into mini Venice after a few hours of rain?
Gurugram faced severe flooding after a four-hour downpour, paralysing roads and stranding commuters. The city's infrastructure crumbled due to blocked natural drainage, explosive real estate growth over water bodies, and inadequate drainage systems. Despite claims of upgrades, residents express anger over the recurring urban failure, highlighting the need for systemic fixes to prevent future crises.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 22%
Here’s the thumb rule: Always make a distinction between what is happening to the stock price and what is happening to the fundamentals of a company or sector. There are times, however, when this is even more important. At this point of time, the risk of more headwinds for the economy are high. But did the movement of the market on Monday give you that feeling? So, a couple of things: If you are putting money into the market, make sure it is not money you need in a hurry. Also: Focus on a few businesses and even fewer stocks; and ignore the noise on the street.
Inside govt's plan to make your dream house more 'affordable' amid luxury boom in India
As India's luxury real estate booms, the government intensifies efforts to boost affordable housing. The Centre urges states to control land prices and implement policies for accessibility, including lower land costs for affordable projects under PMAY. Policy reforms and a compliance framework are proposed to ensure affordable housing development, emphasizing suitable locations and integrated approaches.
Global debt inflows set to rise as India’s credit profile strengthens: LIC MF’s Pratik Shroff
India's sovereign rating upgrade is poised to attract stronger foreign capital inflows into its debt market, enhancing its risk profile and yield attractiveness. This shift could lead to broader inclusion in international bond indices, narrowing yield differentials with US Treasuries. Fixed income investors may benefit from increased demand for longer-duration sovereign bonds.
K Raheja eyes 1.5-acre South Bombay's iconic Famous Studios parcel in ₹650 cr agreement
Famous Studios, a landmark in South Mumbai since 1946, is likely to change ownership. K Raheja Corp is in advanced discussions to acquire the 1.5-acre property. The deal is structured as a joint development agreement. It has a development potential of around 4 lakh sq ft. Piramal Realty's previous attempt to redevelop the studio failed.
Affordable housing needs policy mix beyond floor space index: MoHUA Joint Secretary
Kuldip Narayan says that only increasing FSI will not solve India's housing problem. A complete policy is needed. This includes land availability and economic incentives. He suggests a compliance framework for residential and commercial projects. Debasish Prusty says Rajasthan is upgrading its policies. He is encouraging private sector innovation. Central and state governments must coordinate.
Canada Q2 growth shrinks for first time in 2 years as U.S. tariffs bite — is a recession ahead or can household spending bring relief?
Canada economy shrinks in Q2 2025 as U.S. tariffs hit exports harder than expected, pushing GDP down 0.4%. While auto and machinery exports tumbled, Canadians kept spending more on housing, food, and new vehicles, showing the domestic economy is still holding firm.
Affordable housing supply dips as developers focus on luxury projects
A new report reveals a concerning decline in affordable housing supply across India's top cities, with the supply-to-demand ratio plummeting from 1.05 in 2019 to just 0.36 in 2025. Developers are increasingly focused on luxury projects, exacerbating the existing shortage of 9.4 million units.
India’s urban infrastructure to see ₹10 lakh crore investment in next 4 years: Housing Secy
India's urban infrastructure has seen substantial investment, with Rs 30 lakh crore spent in the last decade and a projected Rs 10 lakh crore more over the next four years. Union Housing Secretary Srinivas Katikithala urges the real estate sector to align projects with infrastructure development and contribute to efficient urban services. He also emphasized the importance of RERA implementation.
India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?
The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.
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