Mumbai property news

The Mumbai developer's collections were flat and its net debt rose, so its cash position and sales pace will matter to buyers and investors in the coming quarters.

Sales and profit grew in the September quarter despite no new launches, while a brokerage cut its valuation target for the Mumbai developer.

The plan covers Carter Road, Santacruz West and Versova, and ties spending to construction milestones, the developer said.

Sales rose without a new launch, but higher finance costs pulled net profit down, and the next launches are due only in Q2 FY28.

The tribunal order lets the parent buy out part of CPP Investments' holding for ₹1,350 crore, a step towards full ownership of the mall platform.

Consolidated profit fell from ₹45.78 crore a year earlier, while the Mumbai developer reports ₹63 crore of net liquid cash and a ₹19,000 crore pipeline.

The realty stock is down about 59% from its 52-week high, and no company announcement has been linked to the latest fall.

Registered sales of ₹5 crore-plus homes in Mumbai reached ₹32,623 crore in six months, with Worli at the centre of the activity.

The developer's H2 FY27 pipeline is about ₹7,000 crore of GDV, with Belvedere Park in Mira Road and an Andheri redevelopment named first.

The South Mumbai project's approval has moved back from earlier timelines, and new units cannot be sold on a regular basis until RERA registration is granted.

Market data shows higher positioning in the Lower Parel developer's futures and options, while its quarterly results are due on 30 October.

Costs rose faster than revenue in the September quarter, while bookings and collections held up better. Motilal Oswal says free cash flow is the thing to watch.

The Mumbai developer's profit growth lagged its revenue growth, and two receivables under court challenge are the main items investors will track.

The funding for one MMR redevelopment adds to the company's push to expand with partners rather than fund every project from its own balance sheet.

Sales and collections rose, but a sharp fall in quarterly profit and a lower brokerage target put the focus on cash flow and deliveries.

Six straight quarters of falling sales and a sharp drop in first-quarter profit put the Mumbai company's shares under pressure from a research rating service.

The shares fell 1.97% on 23 October, and the results meeting will show whether June-quarter pressure from the residential segment continues.

The fundraises give the debt-heavy conglomerate more time on its bonds, but a repayment deadline and a pending stake decision remain open.

Records for the Malad West project disagree on price, unit count and possession, and no new launch filing has been found.

A third-party rating platform lists the stock at Strong Sell, while the company's own figures show higher sales and a sharp fall in half-year profit.

The Mumbai-focused developer's stock has fallen about 28% from its 52-week high, and no company-specific reason has been given for the fall.

The developer's September-quarter profit fell sharply, but its launch plans for the second half depend on RERA approvals arriving on schedule.

The Mumbai developer's first-quarter numbers show higher profit and lower net debt, but its FY27 targets depend on a large launch schedule.

The stock traded about 233 times its weekly average volume with no company filing for the day, days before its Q2 results board meeting.

The EPC company's year-to-date order inflow has passed ₹22,000 crore, a measure of business secured rather than revenue earned.

Shares of the Mumbai developer fell to a record low as investors weighed higher bookings against heavy debt and thinner per-square-foot prices.

Bookings jumped in the September quarter, but income and profit were lower than in June, and the board's next meeting on new investments is due on 27 October.

Pre-sales growth in Mumbai and Pune is strong, but lower profit and softer housing sentiment will be watched closely.

Income and comprehensive income fell sharply year on year, while a ₹500 crore IPO and a debenture conversion reduced borrowings after June.

If all warrants convert, the promoter-group investor's stake would rise to about 36%, with proceeds going to two Thane projects and general purposes.