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Stuck or delayed homes completed in the last 5 months
Real Estate

Stuck or delayed homes completed in the last 5 months

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately ...

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately 480,000 units. The total value of the current stuck or delayed housing stock exceeds Rs.448 tn. NCR saw maximum completions with approximately 16,750 units reaching the finish line; close to 240,610 units worth Rs.1,814.1 bn are still stuck or delayed. MMR came a distant second with approximately 5,300 units completed, followed by Bengaluru with 3,960 units. MMR and NCR currently account for 77 per cent of stuck or delayed units; south cities (Bengaluru, Chennai and Hyderabad) have just nine per cent overall share. Chennai has the least stuck or delayed units among the top seven cities with approximately.

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Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

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Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

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Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

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