Modis Navnirman H1 Revenue Grows 53% to ₹127.6 Cr; Surges on Redevelopment Velocity
Modis Navnirman reports H1 FY27 revenue of ₹127.64 Cr, up 53% YoY. Net profit surged 172% to ₹19.08 Cr with a strong Mumbai redevelopment pipeline.
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Straight from the exchange filing
Latest Mumbai Real Estate stock news from NSE and BSE filings, 15 stories so far.
Modis Navnirman reports H1 FY27 revenue of ₹127.64 Cr, up 53% YoY. Net profit surged 172% to ₹19.08 Cr with a strong Mumbai redevelopment pipeline.
Arisinfra Solutions Limited's subsidiary Arisunitern secures a ₹400 Cr GDV service order from Transcon Group for the Transcon UNO residential project in Mumbai.
Mason Infratech bags a ₹73.26 crore contract for a 23-story residential project in Kandivali West, Mumbai, marking a significant related-party order inflow.
Capacit'e Infraprojects Ltd wins a ₹741 crore LOI from Mahindra Lifespace for residential projects in Mumbai, boosting its construction and engineering pipeline.
Sri Lotus Developers reports Q1 FY27 revenue growth of 116% to ₹132 crore. Pre-sales surged 567% to ₹409 crore with a debt-free, net cash balance sheet.
Sri Lotus Developers appointed for a 3.46 lakh sq. ft. commercial project in Juhu with an estimated ₹1,600 crore GDV. Project commencement is slated for Q3 FY28.
Sri Lotus Developers reported 116% YoY revenue growth and 567% surge in pre-sales for Q1 FY27, driven by luxury redevelopment projects and Mumbai coastal launches.
Puravankara Limited announces the launch of Miami By Purva in Mumbai, registered under MAHARERA. The Realty player reported a 177% YoY quarterly revenue surge.
Embassy Developments Ltd awards a ₹850 crore contract to Leighton Asia for its flagship Embassy Citadel project in Worli, Mumbai, featuring 316 luxury units.
Modis Navnirman Ltd secures a ₹250 Crore GDV redevelopment mandate for Neel Kiran CHSL in Khar West, Mumbai, strengthening its premium residential pipeline.
Suraj Estate Developers acquires development rights in Mahim for ₹75 Crore through its subsidiary. The project is expected to generate a GDV of ₹800 Crore.
Arkade Developers secures cluster redevelopment rights for 9 societies in Kandivali East with a ₹1,100 Crore GDV and 325,000 sq. ft. saleable area in Mumbai.
Kalpataru Ltd signs a ₹1,250 crore cluster redevelopment project in Mumbai's Kandivali East. The 2.8-acre project includes five societies with prime sale potential.