Three realty stocks that are in focus today on the back of newsflow

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HomeMarket NewsThree realty stocks that are in focus today on the back of newsflow

Singnature Global reported a drop in pre-sales and area sold for the quarter, Phoenix Mills retail consumption increased in Q2, while Mahindra Lifespaces acquired a new land parcel in Pune.

Three realty stocks that are in focus today on the back of newsflow

Three Real estate stocks Signature Global Ltd., Mahindra Life Ltd. and Phoenix Mills Ltd. are in focus on Monday, October 13, after the companies reported important updates over the weekend.

While Signature Global and Phoenix Mills reported their business updates for the second quarter, Mahindra Life said it had acquired a land parcel in Pune.

Signature Global


The real estate developer reported a 28% decline in pre-sales for the second quarter from the previous year and 24% decline sequentially to ₹2,010 crore. The area sold declined to 1.34 million square feet, down 44% from last year and 17% from the previous quarter.

However, the company's collections increased 2% from last year and 1% sequentially to ₹940 crore.

Signature Global's average sales realisation in the September quarter increased to ₹15,000 per square feet compared to ₹12,457 per square feet in the previous fiscal.

Its net debt increased marginally to ₹970 crore, primarily due to the acquisition of 33.47 acre land in Sohna, which has a development potential of 1.76 million square feet.

Phoenix Mills


The Mumbai-based real estate developer's retail consumption

across all operational malls increased 13% in the September quarter from the previous year and 12% in the first half of the financial year 2026.

This was despite the heavy monsoon in several cities. Phoenix Palladium in Mumbai led the growth, followed by Phoenix Citadel in Indore, Palladium Ahmedabad, Phoenix Mall of the Millennium in Pune, and Phoenix Mall of Asia in Bengaluru.

In the commercial offices segment, the company reported gross leasing of around 7.2 lakh square feet was completed in the first half of FY26 across Mumbai, Pune, Bengaluru, and Chennai.

In the hospitality segment, the St. Regis Mumbai reported a 2% growth in second quarter with occupancy at 85%, average room rate (ARR) at ₹17,711 and revenue per available room (RevPAR) increased 7%. Meanwhile, Courtyard by Marriott, Agra, reported occupancy of 60%, ARR of ₹4,396 and RevPAR of ₹2,621 in the second quarter.

The company's residential business witnessed gross sales of ₹139 crore in the September quarter compared to ₹27 crore in the previous year, collections increased to ₹115 crore from ₹60 crore. For the first half of the fiscal, gross residential sales were at ₹287 crore and collections were at 214 crore.

Mahindra Lifespaces Developers

The company said it has acquired 13.46 acre land in Pune, with an estimated development potential of ₹3,500 crore.

Mahindra Life said the land is located with "quick access" to the IT Hub of Hinjewadi and with educational institutes such as Delhi Public School and Symbiosis center for Management near it.

A day prior, the company had also said it was selected as the preferred partner for the redevelopment of four residential societies in Malad (West) Mumbai, spanning 1.65 acre, with a development potential of around ₹800 crore.

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