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@propnewstime
"Chinas state-backed property developer Vanke announced that its chairman Xin Jie has stepped down from his position and board member Huang Liping has been appointed as his successor. The change in leadership led to a short-term decline in the companys Hong Kong and Shenzhen share prices. Xins resignation came less than a year after his appointment during a period when the company continues to face weak sales and high debt obligations. Vanke recently reported a half-year loss of XX billion yuan reflecting the ongoing stress in Chinas property sector. To read more click on the link below: For"
X Link @propnewstime 2025-10-13T18:15Z XX followers, XX engagements
"Lodha Developers Ltd one of Indias largest real estate firms acquired a land parcel in the Mumbai Metropolitan Region during the past quarter to develop a residential project valued at around INR 2300 crore. With this purchase the company achieved its annual business development goal reaching a cumulative potential revenue of INR 25000 crore for the fiscal year. Despite limited project launches Lodha recorded a X% rise in quarterly pre-sales backed by sustained housing demand. The developer now aims to meet its full-year sales target of INR 21000 crore with significant project launches"
X Link @propnewstime 2025-10-15T14:15Z XX followers, XX engagements
"Shein the online fast-fashion giant is set to open its first permanent stores in France this November under a deal with Socit des Grands Magasins (SGM) starting at Pariss BHV department store and later at Galeries Lafayette outlets in Dijon Grenoble Reims Limoges and Angers. The move a shift from Sheins online-only model and past pop-up stores has sparked backlash from French retailers lawmakers and Paris Mayor Anne Hidalgo who criticised it as undermining local sustainable commerce. Galeries Lafayette has also opposed the plan citing conflicts with its brand values. Critics argue Sheins"
X Link @propnewstime 2025-10-04T14:00Z XX followers, XXX engagements
"Home design platform Livspace reported a XX% year-on-year rise in revenue reaching INR 1460 crore in the past fiscal year alongside a near XX% reduction in adjusted EBITDA losses to INR XXX crore. The company attributed the improvement to higher traction in premium and mass-premium segments better revenue quality and disciplined cost management. Backed by leading global investors Livspace continues to expand its footprint across India and Singapore serving thousands of homeowners with end-to-end renovation solutions. To read more click on the link below: For more insights on the real estate"
X Link @propnewstime 2025-10-15T12:30Z XX followers, X engagements
"Blooms revenue surged to INR XXXXX crore in FY 2024-25 growing sixfold in three years from INR XX crore in FY22. EBITDA reached INR XXXXX crore and PAT stood at INR XXXX crore. The brand emphasizes capital efficiency selective hotel onboarding and a room-focused approach with XX per cent of revenue coming from room bookings. After achieving breakeven Bloom aims to grow revenue and profit steadily at 30-35 per cent annually with plans to expand from Tier X to Tier X and Tier X cities and scale its portfolio to 25000 rooms. To read more click on the link For more insights on the real estate"
X Link @propnewstime 2025-10-15T18:30Z XX followers, X engagements
"Chennai-based Grand Housing has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO) signaling its plans to go public. The company plans an offer for sale of up to XXXX million equity shares each with a face value of INR X. Founded in 2004 Grand Housing develops plotted residential and industrial land primarily in Tamil Nadu. Its land reserves stood at around XXXX million sq ft excluding ongoing and upcoming projects. FY25 revenue and net profit rose significantly compared to FY23. The IPO will follow the book-building process with allocations to"
X Link @propnewstime 2025-10-10T18:44Z XX followers, XX engagements
"The luxury marina at Port City Colombo has officially entered its construction phase marking a major development in Sri Lankas tourism and maritime landscape. The project is a joint venture between Browns Investments PLC China Harbour Engineering Company (CHEC) and LOLC Holdings covering 33776 square meters with an estimated cost of USD XXX million. Scheduled for completion by 2027 the marina will accommodate up to XXX mid-to-large-sized vessels and feature restaurants retail spaces and entertainment facilities aimed at attracting high-end tourists and promoting Colombo as a regional hub for"
X Link @propnewstime 2025-10-13T07:46Z XX followers, XX engagements
"Vascon Engineers has received a redevelopment contract worth INR XXX crore from MSEB Holding Company Ltd for the Saudamini Building project in Mumbais Mahalaxmi area. The work expected to be completed within XX months from commencement marks a key addition to Vascons redevelopment portfolio in the city. The company said its ongoing and upcoming projects in Mumbais Santacruz Powai and nearby markets together span about XXX million sq ft valued at around INR 1050 crore and are projected to contribute half of its overall real estate portfolio by FY27. To read more click on the link below: For"
X Link @propnewstime 2025-10-13T17:30Z XX followers, XXX engagements
"Maharashtra Housing and Area Development Authority (MHADA) has made eight luxury 3BHK flats in Tardeos Crescent Tower available on a first-come-first-serve basis. Ranging from INR XXXX crore to INR XXXX crore with a carpet area of 2285 sq ft these high-end apartments were earlier leased to MHADA officials and vacated in 2022. An online lottery conducted in 2023 saw XX applicants but most withdrew after visiting the flats. The tower offers sea-facing views security gym and quarters for domestic help located near key city landmarks. To read more click on the link below: For more insights on the"
X Link @propnewstime 2025-10-13T13:30Z XX followers, XX engagements
"Kolkatas real estate market remained stable in the third quarter with residential property prices rising X per cent YoY driven by genuine end-user demand and preference for quality developments. Sales volume grew by X per cent with buyers focusing on reputed developers and well-connected areas. The office segment also performed steadily particularly in IT outsourcing and flexible workspaces with XXX million sq ft of transactions reflecting XXX per cent YoY growth. Tight supply of Grade A offices pushed average rentals up by XX per cent the highest among major cities. To read more click on the"
X Link @propnewstime 2025-10-15T17:00Z XX followers, X engagements
"Micro Mitti will invest INR XXX crore to develop Madhuvan Township a 30-acre green residential project in Indore featuring XXX villas. The township is designed to prioritize health and well-being marking a shift from traditional real estate measures like location size and cost. Founded in 2023 Micro Mitti focuses on democratizing access to institutional-grade real estate assets and enabling long-term wealth creation for investors. Earlier this year the company raised INR XX crore to expand its operations highlighting growing interest in innovative structured real estate investment"
X Link @propnewstime 2025-10-15T16:30Z XX followers, XX engagements
"Tryfacta Inc a U.S. technology and staffing firm is set to file draft papers for an IPO on GIFT Citys international exchanges by months end targeting USD XXX to USD XXX million. It would join XED as one of the first companies to use GIFT Citys listing platform. Yoki Financial Services has been named lead manager though it did not respond to inquiries. Tryfacta operates across sectors like healthcare and government and has grown rapidly expanding from XXX employees and XX contracts in 2020 to over 4000 employees and XXX contracts today. To read more click on the link For more insights on the"
X Link @propnewstime 2025-10-15T18:45Z XX followers, X engagements
"Maersk has terminated a USD XXX million contract with Seatrium for a nearly finished offshore wind vessel intended for the Empire Wind project off New York. The XXXX% completed vessel faced cancellation due to construction delays causing Seatrium shares to drop 6.5%. The U.S. offshore wind sector has faced regulatory challenges including a stop-work order earlier this year under the Trump administration. Seatrium is assessing options including legal action while Equinor is reviewing alternatives for the vessel which was originally scheduled for deployment in 2026 highlighting ongoing"
X Link @propnewstime 2025-10-14T17:30Z XX followers, XX engagements
"Saks Global the parent company of Saks Fifth Avenue is considering selling a minority stake in Bergdorf Goodman as part of efforts to reduce debt. The luxury retailer which operates womens and mens stores on Fifth Avenue in New York is seen as central to the groups long-term strategy. Reports suggest the company is in talks with multiple bidders for a potential XX% stake valued at around USD X billion though no final decision has been made. The move follows Saks Globals acquisition of Neiman Marcus last year for USD XXXX billion. To read more click on the link below: For more insights on the"
X Link @propnewstime 2025-09-25T14:00Z XX followers, XX engagements
"Mumbais property market recorded its best-ever September performance as home registrations surged and stamp duty collections grew sharply defying the typical slowdown during the Shraddh period. Data from Knight Frank India revealed a notable rise in both property registrations and revenue driven by the early onset of the festive season stable demand and steady buyer confidence across residential segments. Developers and industry experts noted that the markets strength reflected the citys resilience and sustained end-user interest. To read more click on the link below: For more insights on the"
X Link @propnewstime 2025-10-14T13:30Z XX followers, X engagements
"HSBC plans to acquire the remaining XXXX% of Hang Seng Bank for USD XXXX billion valuing it at USD XX billion. Hang Seng shares jumped XX% while HSBC shares fell 6%. CEO Georges Elhedery stated the deal is strategic not a bailout and will allow the bank to streamline operations align products and strengthen shareholder value. Rising bad loans due to Hong Kongs property market were a factor and HSBC will pause buybacks to maintain capital and CET1 ratio. Analysts see potential operational efficiencies and governance benefits. To read more click on the link below: For more insights on the real"
X Link @propnewstime 2025-10-14T13:15Z XX followers, XX engagements
"The Asia Pacific commercial real estate market witnessed a resurgence driven by cyclical and structural factors as well as interest rate cuts. Investment volumes rose notably supported by strong performances in Japan India and Singapore. CBREs latest Asia Pacific Investment Strategies report highlighted opportunities across offices logistics retail and data centres with core assets in well-connected locations gaining preference and emerging sectors such as living spaces and data centres seeing rising investor demand. To read more click on the link For more insights on the real estate sector"
X Link @propnewstime 2025-10-15T15:30Z XX followers, XX engagements
"Signature Global Ltd the Gurugram-based real estate developer witnessed a XX% decline in sales bookings during the second quarter of the current financial year due to a lower number of new housing launches. The companys sales bookings fell to INR 2010 crore from INR 2780 crore in the corresponding period last year. For the first half of FY202526 sales dropped XX% year-on-year to INR 4650 crore. Despite the slowdown the company remained confident of achieving its annual sales target. To read more click on the link For more insights on the real estate sector download the PNT mobile application"
X Link @propnewstime 2025-10-15T17:45Z XX followers, XX engagements
"The Union Government released INR XXXXXX crore to rural local bodies in Andhra Pradesh as the first installment of the Fifteenth Finance Commission (15th FC) grants for the financial year 202526. The funds will support all XX District Panchayats XXX Block Panchayats and over 13000 Gram Panchayats. The grants are divided into untied and tied categories enabling local bodies to address location-specific needs improve sanitation water management and other essential services thereby strengthening governance and infrastructure at the grassroots level. To read more click on the link below: For more"
X Link @propnewstime 2025-10-15T13:00Z XX followers, XX engagements
"Saya Group has partnered with Harmony Infra to develop an ultra-luxury residential project 'The Horizon Residences' in Indirapuram Ghaziabad. Spread over X acres the project will feature XXX premium flats priced between INR X crore and INR XXX crore. With an investment of INR XXX crore excluding land acquired in 2018 the company anticipates sales revenue of around INR 1600 crore. The project has secured RERA and other statutory approvals and about XXX units have already been booked due to strong demand in the limited supply market. To read more click on the link below: For more insights on"
X Link @propnewstime 2025-10-12T13:45Z XX followers, XX engagements
"Lodha Developers reported a X% year-on-year increase in pre-sales reaching INR 4570 crore for the July-September quarter reflecting strong market demand. Collections rose XX% to INR 3480 crore showing robust cash flow. For the first half of the financial year pre-sales reached INR 9020 crore up X% while collections increased XX% to INR 6360 crore. The company added a new project in the Mumbai Metropolitan Region valued at INR 2300 crore helping it achieve its full-year guidance of INR 25000 crore ahead of schedule. Net debt remained at INR 5370 crore. To read more click on the link below: For"
X Link @propnewstime 2025-10-12T12:30Z XX followers, XX engagements
"Boeings long-delayed 777X jet is now expected to begin deliveries in early 2027 instead of next year Bloomberg reported citing sources familiar with the matter. Launch customer Deutsche Lufthansa AG has already excluded the aircraft from its fleet plans until that time. The setback comes as Boeing continues to struggle with certification though CEO Kelly Ortberg recently said no new technical issues had emerged only that a mountain of work remained. Analysts expect Boeing to take a $XX billion charge in its upcoming Q3 earnings adding to the $XX billion already written off on the program. The"
X Link @propnewstime 2025-10-06T13:45Z XX followers, 1032 engagements
"Lodha Developers Ltd reported a X% rise in sales bookings during the second quarter of the current fiscal reaching INR 4570 crore supported by sustained housing demand. The developer stated that despite limited new launches sales performance remained strong. With the Supreme Court recently clearing the Environmental Clearance (EC) process the company plans to ramp up launches in the second half and aims to meet its annual pre-sales target of INR 21000 crore. To read more click on the link below: For more insights on the real estate sector download the PNT mobile application or visit the"
X Link @propnewstime 2025-10-13T16:47Z XX followers, XX engagements
"The Telangana State Road Transport Corporation (TGSRTC) is preparing to build dedicated electric vehicle (EV) depots across Greater Hyderabad to support 2800 electric buses over the next three years. Each depot will feature charging stations and high-tension power connections with the total estimated cost of INR XXX crore. To fund the initiative a green fee of INR XXX per ticket is being planned expected to generate about INR XXX crore annually. Currently TGSRTC operates XXX electric buses and plans to add XXX more soon. This transition aims to significantly reduce air and noise pollution in"
X Link @propnewstime 2025-10-14T15:15Z XX followers, X engagements
"Nippon Steel has acquired a XX% stake in the Kami iron ore project in Newfoundland and Labrador Canada through its subsidiary NS Canadian Resources. The investment valued at CAD XXX million was made alongside Australias Champion Iron and Japans Sojitz. An initial CAD XX million (USD XXXX million) has already been paid with the remaining CAD XXX million to be released once a feasibility decision is finalized. The new venture called Kami Iron Mine Partnership will oversee feasibility work on developing the high-grade iron ore project which is designed to support direct reduced iron production"
X Link @propnewstime 2025-10-02T12:30Z XX followers, XX engagements
"Brazils Gol Linhas Aereas has unveiled a restructuring plan that will convert it into a private entity by merging its units and delisting from the B3 exchange. A public tender offer for existing shares is part of the plan though it may be withdrawn if the offers value reaches or exceeds INR XXXXX million. Having emerged from U.S. Chapter XX earlier this year the airlines free float was diluted to below X % a circumstance that softens the impact of its stock exit. The move aims to simplify operations cut costs and unify its corporate structure. To read more click on the link For more insights"
X Link @propnewstime 2025-10-15T18:15Z XX followers, X engagements
"Czech billionaire Daniel Kretinsky has agreed to sell his XX% stake in Thyssenkrupps steel unit (TKSE) and abandon plans for a joint venture clearing the way for talks with Indias Jindal Steel International which recently made an indicative bid for the entire business. Kretinskys EP Group will be reimbursed for the EUR XXX million it paid for the stake last year. Thyssenkrupp has long sought to divest TKSE which faces mounting challenges from cheap Chinese imports high energy costs and delays in hydrogen-based decarbonisation. The decision ends stalled negotiations over a German-Czech steel"
X Link @propnewstime 2025-10-06T13:00Z XX followers, XX engagements
"Dharma Productions has leased a 5500 sq. ft. office in Andheri West Mumbai for a four-year term at INR XX lakh per month with a X% yearly escalation totaling approximately INR XXXX crore. The lease also includes a security deposit of INR X crore and registration costs. Located in the premium Signature building Andheri Wests connectivity to key business districts and the airport makes it a preferred commercial hub. This move follows Karan Johars earlier rental in Pali Hill and the 2024 sale of a XX% stake in Dharma Productions. To read more click on the link below: For more insights on the"
X Link @propnewstime 2025-10-13T14:45Z XX followers, XX engagements
"Prestige Estates Projects Ltd has launched Prestige Garden Trails in Mumbai aiming for INR 2000 crore in revenue. Spread across XXX acres the project includes 1324 units with a total carpet area of XX lakh sq ft. Following its recent Ghaziabad launch worth INR 2200 crore the company continues its expansion strategy amid high demand for quality housing. With over XXX projects completed since 1986 and record sales in the first half of the fiscal year Prestige demonstrates strong growth and sustained focus on Indias residential real estate market. To read more click on the link For more insights"
X Link @propnewstime 2025-10-15T16:15Z XX followers, XX engagements
"Container Corporation of India Ltd. (CONCOR) and UltraTech Cement Ltd. have entered into a strategic partnership to transition bulk cement transportation from road to rail. The collaboration leverages CONCORs rail network to move cement over long distances reducing road congestion and fuel consumption. By relying on rail the companies aim to cut carbon emissions enhance supply chain efficiency and lower transportation costs. This initiative aligns with Indias broader push for green logistics and sustainable freight solutions setting an example for heavy industries nationwide. To read more"
X Link @propnewstime 2025-10-10T18:00Z XX followers, XX engagements
"Sahara India Commercial Corporation Ltd (SICCL) has approached the Supreme Court seeking permission to sell multiple properties including Aamby Valley in Maharashtra and Sahara Shahar in Lucknow to Adani Properties Private Limited. The plea linked to ongoing Sahara Group matters highlights the groups intent to liquidate its assets to repay investors. The move follows the death of Sahara Group founder Subrata Roy last year which left the conglomerate without a formal decision-maker. The proposal aims to maximise asset value and meet court-directed financial obligations. To read more click on"
X Link @propnewstime 2025-10-14T17:15Z XX followers, XX engagements
"Amancio Ortegas investment company Pontegadea Inversiones has purchased a large warehouse in Knowsley near Liverpool for around GBP XX million (USD XXXXX million). The property spanning 850000 square feet has been leased by Amazon since 2022. The deal which marks another addition to Pontegadeas growing logistics portfolio is estimated to yield about X percent in net initial return. It follows Ortegas 2023 acquisition of an Amazon logistics centre in Dublin for USD XXX million and a XX percent stake in Brookfields UK ports business earlier this year. To read more click on the link For more"
X Link @propnewstime 2025-10-15T16:45Z XX followers, XX engagements
"Jammu and Kashmir is facing economic challenges due to multiple factors including a revision in GST rates severe monsoon rains and the Pahalgam terror attack. The GST change alone is expected to reduce revenues by up to INR 1000 crore compounding an existing budget deficit. Agriculture and horticulture sectors were heavily affected by summer rains while tourism suffered from security concerns after the Pahalgam incident. Chief Minister Omar Abdullah noted that while recovery will take time the current trajectory of the economy shows signs of improvement. To read more click on the link For"
X Link @propnewstime 2025-10-15T15:45Z XX followers, XX engagements
"Kerala CM Shri Pinarayi Vijayan met Prime Minister Modi to request immediate release of over INR 2220 crore from the National Disaster Relief Fund for Wayanad landslide reconstruction. He also sought central approval to establish an AIIMS at Kinaloor in Kozhikode and discussed the states financial challenges requesting higher borrowing limits to strengthen fiscal stability. The visit highlighted ongoing disagreements with the Centre over disaster funding and included discussions with senior Union ministers on development and administrative issues. The meetings underscore Keralas focus on"
X Link @propnewstime 2025-10-13T17:45Z XX followers, XX engagements
"The Nagpur Municipal Corporation (NMC) has stepped up its efforts to recover outstanding property taxes by identifying XXX properties for auction targeting dues of INR XXXX crore. This follows the recovery of INR XXXX crore through tax warrants yet total arrears exceed INR XXXXX crore. Zones like Mangalwari Lakadganj Satranjipura Dhantoli and Nehru Nagar account for most auctionable properties. NMC is prioritizing large commercial and institutional defaulters to enhance tax compliance and generate funds for critical projects including the Nag River Pollution Abatement Project. To read more"
X Link @propnewstime 2025-10-15T15:15Z XX followers, XX engagements
"U.S. 30-year fixed mortgage rates have eased to XXXX% this week down slightly from last week and near last years levels. The decline follows renewed Federal Reserve rate cuts amid a stagnant labor market yet new home loan applications remain low as many homeowners focus on refinancing. Real estate data shows pending home sales fell XXX% from last year and homes are taking longer to sell. Buyers are delaying purchases awaiting further rate reductions while economic uncertainties such as weak hiring and potential government shutdowns are adding to their caution. To read more click on the link"
X Link @propnewstime 2025-10-14T18:30Z XX followers, XX engagements
"Auro Realty the real estate arm of Aurobindo Group is planning to raise INR XX billion (USD XXXXXX million) through bonds to finance key acquisitions including Hotel Taj Banjara in Hyderabad. The company is offering two-year and four-year bonds with coupon rates ranging from XX% to 15%. The bond issue is in advanced stages and could be completed this month with private credit funds expected to participate. This move reflects the increasing use of corporate bonds by Indian firms to fund large-scale acquisitions efficiently. To read more click on the link below: For more insights on the real"
X Link @propnewstime 2025-10-09T14:15Z XX followers, XX engagements
"Bengaluru-based Puravankara Ltd reported a X % increase in quarterly sales bookings to INR 1322 crore driven by stronger demand for residential properties. Pre-sales during the first half of the fiscal grew to INR 2445 crore from INR 2349 crore a year earlier. Sales volumes were XXXX million sq ft in Q2 and XXXX million sq ft in H1 with average realisations rising to INR 8814 per sq ft in Q2 and INR 8891 per sq ft in H1. The company has completed XX projects holds XX million sq ft of land and has XXXXX million sq ft under ongoing development. To read more click on the link below: For more"
X Link @propnewstime 2025-10-13T18:00Z XX followers, XX engagements