NSE Q1 Results: Profit rises 14% YoY to Rs 2,924 crore, but revenue drops 11%
Revenue from operations for the quarter fell 11% YoY to Rs 4,032 crore. Revenue from operations increased 7% sequentially, driven by a rise in transaction charges.
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Hindustan Times
2 minutes ago
- Hindustan Times
Delhi NCR, Bengaluru lead housing price surge; 1BHK demand rises amid affordability
India's housing price index (HPI) rose to 132 in March 2025, marking an eight-point year-on-year increase across 13 major cities, driven by sustained demand for residential properties, according to a report by REA India and the Indian School of Business. India's housing price index rose to 132 in March 2025, up 8 points YoY, driven by steady demand across 13 major cities, a REA India–ISB report said. (Representational Image)(ChatGPT) Delhi NCR led the surge with a 42-point jump compared to the previous year, fuelled by investor interest in premium corridors, despite affordability pressures. Bengaluru saw a 29-point rise, though recent trends suggest prices may be stabilising. Notably, the city also witnessed a sharp uptick in demand for 1BHK units, indicating a shift in buyer preferences amid rising real estate costs. The index for 3BHK units jumped 12 points in March alone, while 2BHKs, still the most popular among the middle class, remained steady with an index value of 132, it said. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 are Ahmedabad, Bengaluru, Chennai, Faridabad, Gandhinagar, Ghaziabad, Greater Noida, Gurugram, Hyderabad, Kolkata, Mumbai, Noida, and Pune. Also Read: Luxury housing sales in Delhi NCR climb 9% in H1 2025 to 5168 units; Gurugram tops: JLL The housing price index of 13 major cities rose by eight points year-on-year to 132 during March this year on strong demand for residential properties, according to a report by REA India and Indian School of Business. The Housing Price Index (HPI), a joint initiative between REA India's real estate classified platform and the Indian School of Business (ISB), tracks price trends across 13 cities. Praveen Sharma, CEO of REA India ( noted that India's housing market is undergoing a 'healthy consolidation.' He said the recent period of price stagnation follows an extended bull run and is likely to set the foundation for more sustainable growth. He also said that improving affordability, rate cuts, and lifestyle-driven demand could encourage more buyers, especially those priced out in the previous quarter, to return to the market. According to Shekhar Tomar, Assistant Professor of Economics and Public Policy, ISB, the current period of stability signals a more mature housing cycle. 'This price stability is not a sign of weakness but of balance,' he said. 'From Delhi to Ahmedabad, demand remains steady thanks to rising incomes, lifestyle changes, and a shift toward long-term end-user purchases.' Also Read: RBI holds repo rate at 5.5% amid Trump tariff pressures; Home loan demand may rise during festive season Hyderabad saw a 25-point annual increase, with high demand continuing into 2025, although there were early signs of cooling. In Ahmedabad, the index moved from 113 to 121 owing to steady interest in 1BHKs and rental yield-driven investments, the report said. Chennai posted a modest 8-point increase year-on-year but declined slightly quarter-on-quarter, suggesting a short-term correction. Buyers in the city are leaning towards smaller units, with larger configurations losing traction. Kolkata registered a 15-point annual rise, reflecting steady demand in an affordability-driven market where smaller homes dominate. In contrast, Mumbai's housing market showed more subdued movement, recording only a 5-point annual gain. The city's high base continues to weigh on growth, although demand for compact homes like 1BHKs remains solid. Pune was the only major city to see a dip in the index, down 4 points on both annual and quarterly bases. This is attributed to uncertainties in the tech sector, although interest in larger 3BHKs among serious buyers continues to be strong, the report said.
Economic Times
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- Economic Times
MapmyIndia to invest Rs 25 crore in Zepto
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Business Standard
2 minutes ago
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Category-III AIFs take leap in interest from HNIs, family offices
Amid rising interest from domestic investors, the number of Category III Alternative Investment Funds (AIFs) has surged, with new launches in the category accounting for 47 per cent of total launches in the current financial year, up from a mere 16 per cent in FY23. Category III AIFs include hedge funds, quant funds, and those using complex trading strategies. While they are primarily focused on listed entities, there has been growing diversification, with a small percentage allocated to unlisted securities. According to a report by the industry association IVCA, the diversity of strategies—long-short, quant, thematic—makes them an attractive offering for HNIs, family offices, and institutional investors. The IVCA Eleveight Category III AIF Report 2025 notes that concerns about valuation froth, geopolitical contagion risks, and global capital flows have prompted a 'recalibration' in investor expectations. Long-only strategies still dominate the segment, with 70 per cent of over 500 schemes based on the strategy. Long-short strategies account for 26 per cent of the schemes, and others include debt and PIPE. The report notes an increase in funds using quant strategies. Of the Rs 1.11 trillion raised across all AIF categories in FY25, Category III alone accounted for Rs 55,485 crore. Further, 54 per cent of the funds raised from NRIs went into this segment. As of March, total commitments in the category stood at Rs 2.29 trillion. 'Category III AIFs continue to be driven primarily by individual capital—especially UHNIs and family offices. Institutional interest remains marginal, likely due to allocation rigidity and perceived complexity of the product category,' notes the report. However, the segment may face some competition from Specialised Investment Funds (SIFs), which offer sophisticated strategies at a lower entry threshold of Rs 10 lakh.
