Mindspace REIT Reports Q4 Net Profit of Rs.1.27 Bn

Mindspace REIT Reports Q4 Net Profit of Rs.1.27 Bn

Mindspace Real Estate Investment Trust (REIT) has posted a net profit of Rs 1.27 billion in the fourth quarter of the financial year 2024. The strong performance reflects the REIT's resilience and operational efficiency amidst prevailing market conditions.

The net profit of Rs 1.27 billion achieved by Mindspace REIT underscores its robust financial performance and ability to generate steady returns for its investors. Despite challenges posed by the economic environment, the REIT has demonstrated its ability to maintain profitability and deliver value to its stakeholders.

Mindspac..

DLF Launches Luxury Project in Gurugram

DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.

The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..

Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects

Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.

The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..