Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Urban Development Company Ltd (MPUDCL). The non-binding MoU has been signed to extend financial assistance for an amount of ₹1 lakh crore over a period of five years for housing and infrastructure projects in Madhya Pradesh. HUDCO will also extend consultancy services for the projects along with capacity-building support for their successful implementation.
DLF has entered into consent terms for a full and final settlement of ongoing litigations and arbitrations involving Hubtown, Chinsha Property Pvt. Ltd., Twenty Five Downtown Realty (formerly Joyous Housing Ltd) (TFDRL), and other parties. Under the settlement terms, TFDRL will pay DLF a settlement amount in tranches over a 24-month period. The company confirmed receipt of the first tranche of ₹100 crore.
Ajmera Realty reported a mixed YoY performance for Q1 FY26. The company demonstrated robust financial discipline, with collections surging 42% YoY to ₹234 crore, underscoring strong cash flow realisation from existing projects. However, sales value stood at ₹108 crore and the carpet area sold totalled 63,244 sq. ft. The sales performance during the quarter was affected by sector-wide regulatory challenges, leading to delays in project launches, including certain key projects.Â
Ramco Cements informed the exchanges that it has realised ₹24.05 crore from the disposal of non-core assets, including ₹19.77 crore from shares held in other companies and ₹4.28 crore from land owned by the company. With this, the total value of non-core assets disposed of by the company stands at ₹483.84 crore.
NCC has been awarded a contract worth around ₹2,269 crore (excluding GST) by the Mumbai Metropolitan Region Development Authority (MMRDA) for work on Mumbai Metro Line 6 – Package 1-CA-232, the company said in a notice to the stock exchanges.
Published on July 14, 2025