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Home registrations in the Kolkata Metropolitan Area fell 12 per cent year on year to 41,309 in the first three quarters of 2026. At the same time, mid-sized and larger apartments increased their share of transactions, with North Kolkata accounting for 36 per cent of September registrations.
10:17 AMEconomic Times
Mahindra Lifespaces reported a 65.9% year-on-year decline in consolidated net profit to ₹16.34 crore in Q2 FY27, even as total income rose to ₹104.02 crore. Residential pre-sales increased 41%, while first-half income reached ₹1,081.56 crore compared with ₹73.67 crore a year earlier.
10:07 AMEconomic Times RealtySummary
Home registrations in the Kolkata Metropolitan Area fell 12 per cent year on year to 41,309 in the first three quarters of 2026. At the same time, mid-sized and larger apartments increased their share of transactions, with North Kolkata accounting for 36 per cent of September registrations.
The market is weakening in volume but shifting toward bigger homes, suggesting that committed buyers
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Kolkata's housing slowdown is uneven: demand is retreating overall but remains stronger for spacious homes and in North Kolkata.
Summary
Mahindra Lifespaces reported a 65.9% year-on-year decline in consolidated net profit to ₹16.34 crore in Q2 FY27, even as total income rose to ₹104.02 crore. Residential pre-sales increased 41%, while first-half income reached ₹1,081.56 crore compared with ₹73.67 crore a year earlier.
The sharp profit decline shows that higher revenue has not yet translated into earnings growth,
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Mahindra Lifespaces is generating stronger sales momentum, but weak quarterly profitability raises questions about project economics and the timing of cash and earnings conversion.
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