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Delhi NCR developers are partnering with funds to acquire land, secure credit lines, and complete projects as costs rise and sales slow. Alternative Investment Funds and private equity are increasing their role in financing the region's real estate market.
11:52 PMEconomic Times Realty
IndiQube Spaces reported a net loss of Rs 23.88 crore in the quarter, while total income rose to Rs 448.81 crore from Rs 324.12 crore a year earlier. The coworking operator runs 137 centres across 17 Indian cities, covering 10.61 million square feet.
8:27 AMEconomic Times
IndiQube Spaces posted record Q1FY27 revenue of Rs 428 crore, up 37% year on year, while EBITDA rose 34% and profit after tax increased 91% to Rs 35 crore. The company also expanded its managed area and seat capacity, with higher occupancy and stronger value-added services supporting growth.
4:58 AMEconomic Times
Shriram Properties’ June-quarter profit fell 46% to Rs 11 crore as higher operating expenses and taxes outweighed a modest rise in total income to Rs 271.04 crore. Sales bookings increased 10% to Rs 484 crore, and the company retained a broad project pipeline across several Indian cities.
4:54 AMEconomic TimesSummary
Delhi NCR developers are partnering with funds to acquire land, secure credit lines, and complete projects as costs rise and sales slow. Alternative Investment Funds and private equity are increasing their role in financing the region's real estate market.
Fund capital is becoming a core financing channel rather than a supplementary source of liquidity
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Greater dependence on fund financing could sustain construction activity while accelerating consolidation among Delhi NCR developers.
Summary
IndiQube Spaces reported a net loss of Rs 23.88 crore in the quarter, while total income rose to Rs 448.81 crore from Rs 324.12 crore a year earlier. The coworking operator runs 137 centres across 17 Indian cities, covering 10.61 million square feet.
Revenue growth has not yet translated into profitability: expenses reached Rs 479.32 crore, leaving a
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The results test whether India’s expanding coworking market can deliver profits alongside rapid capacity growth.
Summary
IndiQube Spaces posted record Q1FY27 revenue of Rs 428 crore, up 37% year on year, while EBITDA rose 34% and profit after tax increased 91% to Rs 35 crore. The company also expanded its managed area and seat capacity, with higher occupancy and stronger value-added services supporting growth.
IndiQube is scaling both its core workspace platform and higher-margin ancillary services, which helped profit
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The results suggest flexible workspaces are moving beyond occupancy-led growth toward a broader services and profitability model.
Summary
Shriram Properties’ June-quarter profit fell 46% to Rs 11 crore as higher operating expenses and taxes outweighed a modest rise in total income to Rs 271.04 crore. Sales bookings increased 10% to Rs 484 crore, and the company retained a broad project pipeline across several Indian cities.
The earnings decline shows that booking growth is not yet translating into stronger bottom-line performance,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Shriram Properties is growing sales while profitability deteriorates, putting cost control and project-level margins at the centre of its next phase.
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