Sunday, April 5News That Matters

Business & Finance

Shubhashish Homes Doubles FY 25-26 Pre-Sales to Rs423 Cr, Unveils new global brand identity, ‘Sa – The House of Shubhashish’; Targets Rs850 Cr in FY 26-27.

Shubhashish Homes Doubles FY 25-26 Pre-Sales to Rs423 Cr, Unveils new global brand identity, ‘Sa – The House of Shubhashish’; Targets Rs850 Cr in FY 26-27.

Business & Finance, News
Friday, Apr 03, 2026 11:04:10 | Shubhashish HomesJaipur, April 3, 2026:Shubhashish Homes, a part of JK Jajoo Ventures, has delivered an exceptional performance in FY 25-26, achieving ₹423 crore in pre-sales—nearly doubling its ₹211 crore milestone from the previous financial year, marking a remarkable year-on-year growth of close to 100%.Buoyed by this strong momentum, the company has charted an ambitious roadmap for FY 26-27, setting a pre-sales target of ₹850 crore, underscoring its confidence in sustained market demand, strategic expansion, and brand strength.The announcement was made at an elegant and grand annual event gathering hosted at Jaipur Marriott Hotel, Jaipur, attended by key stakeholders, partners, and leadership.In a defining moment for the brand, the co...
Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Business & Finance, News, PROPERTY MATTERS
With total built-up area of approx. 20,000 sq. ft., the project will have 4 ultra-luxury independent floors with state-of-the-art amenitiessNew Delhi, March 30, 2026: Golden Growth Fund (GGF), a category II real estate focused Alternative Investment Fund (AIF) designed for South Delhi, today announced the acquisition of a prime land parcel at Gulmohar Park in South Delhi. The company plans to develop ultra-luxury independent floors on this land parcel with estimated revenue potential of approx. Rs 100 crore, further strengthening its presence in the posh and end-use driven South Delhi market.This is the Fund’s third acquisition in South Delhi since its launch in September 2024 after Anand Niketan and Neeti Bagh where construction is on in full swing.Gulmohar Park is one of Sout...
Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Business & Finance, News, PROPERTY MATTERS
Bengaluru emerges as a realty hotspot as the city, for the first time, records the highest sales and supply among top 9 cities.Delhi-NCR recorded the highest growth in sales and supply amongst top 9 cities.National, March 30, 2026: The housing sales in India’s top 9 cities continued to decline in Q1 (January-March) 2026, falling below the 1 lakh unit mark after 18 quarters, owing to fewer supply across most major cities.According to NSE-listed real estate data analytics company PropEquity, housing sales fell by 13% YoY and 6% QoQ to 98,761 units while launches fell by 19% YoY and 8% QoQ to 92,411 units in January-March 2026.Bengaluru, with sales of 17,991 units, emerged as the highest selling market. The city recorded 16% QoQ and 3% YoY growth.Delhi-NCR with 12,141 un...
Holcim completes acquisition of majority stake in Cementos Pacasmayo.

Holcim completes acquisition of majority stake in Cementos Pacasmayo.

Business & Finance
Acquisition is a milestone in Holcim’s Latin America expansion, bringing a complementary portfolio of building materials and solutions in Peru Cementos Pacasmayo reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28% Transaction value implies 7.1x EBITDA multiple after expected run-rate synergies of around USD 40 million in year three; EPS accretive in year one Zug | 30 March 2026-Holcim has completed the acquisition of a majority stake in Cementos Pacasmayo, a leading Peruvian producer of building materials with reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28%. The synergistic acquisition expands Holcim's portfolio of building materials and solutions in Peru and is expected to accelerate profitable growth in the highly a...
CM Siddaramaiah Inaugurates Bengaluru GAFX 2026.

CM Siddaramaiah Inaugurates Bengaluru GAFX 2026.

Business & Finance
Key Highlights:Celebrate the cinematic brilliance of Kantara with Arvind Kashyap as he reveals how subtle VFX and distinctive camera work elevated the storytelling while preserving its cultural authenticity A Fireside chat around Game Communities and Creative Industry by Rajan Navani from Jetline Group of Companies and Sean Hyunil Sohn from Krafton India A session featuring an in-depth creative and technical walkthrough behind Netflix’s hit animated series Kurukshetra by Ashish Thapar of Hitech Animation. A deep dive into the making of the Oscar-nominated short film Cardboard by DNEG, a session on the Oscar-nominated Lost World, and a session on the Making of Deadpool & Wolverine VFX by Prashant Nair, Framestore Building Superhit Character IP Franchises by Grace, Blu...
“NABARD, which has been working since 1982, is achieving 99 percent of its target”.-Health and Family Welfare Minister Dinesh Gundu Rao.

“NABARD, which has been working since 1982, is achieving 99 percent of its target”.-Health and Family Welfare Minister Dinesh Gundu Rao.

Business & Finance, News
Bengaluru, February 27, (Karnataka News):Bengaluru: Health and Family Welfare Minister Dinesh Gundu Rao inaugurated the State Credit Seminar - 2026, organized by NABARD at the NABARD Regional Office in Bengaluru, on a comprehensive credit system for strengthening women farmers and MSMEs in agro-processing.The presentation of this program, which he spoke about later, was very special. NABARD's contribution to the development of rural areas is unique. NABARD, which has been working since 1982, is achieving 99 percent of its target. He said that NABARD is working with commitment in all these sectors, including health, roads, and financial assistance in rural areas.NABARD also provides sufficient funds to our health department. It supports the construction of primary health centers...
Buyers stay committed to luxury homes though markets may moderate: India Sotheby’s International Realty’s annual survey 2026

Buyers stay committed to luxury homes though markets may moderate: India Sotheby’s International Realty’s annual survey 2026

Business & Finance
67% of HNIs and UHNIs remain firmly bullish on India’s growth prospects over the next 12–24 months, despite global headwinds. 72% of respondents expect India’s GDP growth to stabilise in the 6–7% range in FY27, indicating moderated but steady optimism. 67% of wealthy investors expect annualised real estate returns of up to 15%. 53% of buyers invested in luxury real estate for capital appreciation, while 47% purchased for self-use, highlighting a balanced demand mix. City-based residential properties remain the top choice among the wealthy, with 31% prioritising primary residences and 30% focusing on investment assets. With quality inventory tightening and prices moving upwards, interest among HNIs and UHNIs in purchasing second homes has softened over the past year. 46% p...
Year-end investment surge propels institutional inflows in Indian realty to record USD 8.5 bn in 2025: Colliers India

Year-end investment surge propels institutional inflows in Indian realty to record USD 8.5 bn in 2025: Colliers India

Business & Finance
Domestic investments surge over 2X times at USD 4.8 billion, driving 57% of the institutional investments in 2025Investments in office assets doubles at USD 4.5 billion, accounting for over half of the total inflows Bengaluru & Mumbai cumulatively account for about half of the real estate inflows in 2025 Quarterly capital inflows peak in Q4 2025 at USD 4.2 billion, more than 2X rise YoYGurgaon, 6th January 2026: Institutional investments in the Indian real estate sector witnessed a remarkable all-time high of USD 8.5 billion inflows in 2025, marking a 29% year-on-year growth. This new peak comes at a time when the global economy is holding up better, with signs of trade normalcy even in the wake of ongoing tariff negotiations. Additionally, India’s growth prospects and ...
Holcim acquires Alkern to expand in high-value Building Solutions

Holcim acquires Alkern to expand in high-value Building Solutions

Business & Finance
Leading French manufacturer of precast concrete elements for sustainable  construction with est. 2025 net sales of around EUR 250 million Alkern additionally offers building solutions for the built environment, from infrastructure to industry and buildings Value-accretive acquisition to deliver run-rate EBITDA synergies of EUR 11 million in year three, EPS accretive in year one Acquisition to advance Holcim's NextGen Growth 2030 target for Building Solutions to reach 50% of 2030 net sales Zug | 6 January 2026- Holcim has closed the acquisition of Alkern, a leading French manufacturer of precast concrete, with estimated net sales of around EUR 250 million in 2025. Alkern additionally offers a range of building solutions for infrastructure and industry to buildings.Founded...
Paisabazaar and YES BANK Announce Upgraded PaisaSave Credit Card with Enhanced Dining and Travel Benefits

Paisabazaar and YES BANK Announce Upgraded PaisaSave Credit Card with Enhanced Dining and Travel Benefits

Business & Finance
Gurgaon | Mumbai, IndiaPaisabazaar, India’s largest consumer credit marketplace and free credit score platform, and YES BANK, India’s sixth largest private sector bank, have announced the launch of the upgraded YES BANK Paisabazaar PaisaSave Credit Card. This co-created credit card now offers one of the highest dining and travel cashback benefits in its category.With a powerful 6% cashback on dining and travel spends, the revamped PaisaSave Credit Card delivers strong value with no joining fee​ With a powerful 6% cashback on dining and travel spends, the revamped PaisaSave Credit Card delivers strong value with no joining fee, making it an ideal choice for consumers who are avid travellers, foodies and frequent diners. The upgraded card also offers savings on day-to...