India property news
All 68 EstateHerald stories about real estate in India, newest first. Latest: 11 November 2026.
Consolidated profit fell to ₹16.34 crore in the September quarter, while residential pre-sales reached ₹1,988 crore in the first half of FY27.
The proposed redemption covers a listed debt series with a record date of 5 October; the payment is not yet completed.
The stock reached a fresh 52-week low despite higher sales, operating profit and net profit over the nine-month period.
Moorthy brings more than 15 years of human resources experience across real estate and construction, with roles at Brigade Group and L&W Construction.
Burgundyprime Realty was incorporated with an initial investment of ₹99,990, but Puravankara has not named a project or location for the new entity.
The 180-day unsecured instrument will fund working capital and mature on 19 April 2027.
The stock touched ₹264.05 on 21 October, despite the developer reporting year-on-year growth in first-quarter pre-sales and profit.
The proposed sale of shares held by two SP Group companies would provide at least ₹25,000 crore for debt repayment, but Tata Sons has not approved a transaction.