SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Hospitality & Retail

SOTC Travel opens new outlet in Himayath Nagar, taking Hyderabad network to five locations

04 Apr 2026

SOTC Travel has expanded its retail presence in Hyderabad with the launch of a new franchise outlet in Himayath Nagar, taking its total network in the city to five locations. The outlet is positioned in a key commercial and residential catchment with high consumer footfall and connectivity. The company will offer its omnichannel services through the store, including domestic and international holiday packages, group tours, cruises, and travel insurance. The expansion reflects sustained demand for organised travel services in urban markets such as Hyderabad, where consumer preferences are evolving towards experiential and customised travel, alongside continued interest in both leisure and pilgrimage segments.Read more

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IHCL signs 300-key Gateway hotel and convention centre project near Bengaluru airport in partnership with Hombale Group

03 Apr 2026

Indian Hotels Company Ltd (IHCL) has announced the signing of a 300-key greenfield Gateway Hotel and Convention Centre in Kanamangala, near Kempegowda International Airport, Bengaluru. The project is being developed in partnership with the Hombale Group and is positioned to cater to rising demand from corporate and MICE segments in north Bengaluru. The location has seen increased development activity due to airport-led growth and infrastructure expansion. With this addition, IHCL's portfolio in Bengaluru will expand to 20 hotels, including 11 under development. The signing reflects continued hospitality sector interest in airport-driven micro-markets within the city's northern corridor.Read more

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Adani Airports and Blinkit introduce in-terminal quick commerce at Mumbai airport

03 Apr 2026

Adani Airport Holdings has partnered with Blinkit to launch India's first in-terminal quick commerce service at Mumbai's Chhatrapati Shivaji Maharaj International Airport. The service is currently available at Terminal 2 for domestic departures, allowing passengers to order essentials through the Blinkit app and receive deliveries within the airport. Items include travel accessories, snacks, electronics, and personal care products. The move aims to improve passenger convenience and optimise waiting time at airports, while also helping Blinkit expand into high-demand locations with strong consumer intent and frequent usage.Read more

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Marriott International opens 130-room Courtyard by Marriott in Tirupati, expanding presence in spiritual tourism market

03 Apr 2026

Marriott International has opened a 130-room Courtyard by Marriott hotel in Tirupati, Andhra Pradesh, strengthening its footprint in India's religious tourism segment. The property marks the company's entry into one of the country's key spiritual destinations, which attracts consistent year-round visitor demand. The development aligns with Marriott's strategy of expanding into high-demand and emerging travel markets across India. Tirupati's steady influx of pilgrims and tourists makes it a strategic location for hospitality investments, particularly in the mid-scale and upscale segments catering to both domestic and international travellers.Read more

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Hospitality majors expand footprint with new hotel launches and agreements across Gwalior, Kanpur and Delhi

01 Apr 2026

Radisson Hotel Group, Indian Hotels Company (IHCL), and IHG Hotels & Resorts have announced a series of hotel openings and agreements across key Indian cities, reflecting continued expansion in the hospitality sector. Radisson has opened a 50-key property in Gwalior, strengthening its presence in Madhya Pradesh, while IHCL has launched a 104-key SeleQtions hotel in Kanpur, marking the brand's entry into the city. Separately, IHG has signed a management agreement with Eros Group to develop a 216-key InterContinental hotel in New Delhi, scheduled to open post-renovation in 2029. The developments span heritage, commercial, and metropolitan markets, indicating sustained investment in hospitality infrastructure aligned with growing business and leisure travel demand.Read more

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Antara Senior Care secures NABH accreditation for Noida facility, expanding certified assisted living network in north India

31 Mar 2026

Antara Senior Care has received NABH Care Home Accreditation for its assisted living facility in Noida's Sector 66, marking the first such certification for a senior care home in the district. The 53-bed centre becomes the company's second accredited facility after its Gurugram care home received recognition in 2025. The certification, awarded by the National Accreditation Board for Hospitals and Healthcare Providers, evaluates safety, clinical governance, and quality standards in residential care environments. The development reflects growing institutionalisation within India's senior living segment, where demand for structured and regulated care infrastructure is increasing alongside demographic shifts and rising life expectancy.Read more

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Radisson Hotel Group signs first internationally branded resort in Kalimpong to expand eastern India presence

31 Mar 2026

Radisson Hotel Group has announced the signing of a 100-key resort in Kalimpong, West Bengal, marking the entry of an internationally branded hotel in the hill destination. The project, branded as Radisson Resort Kalimpong, forms part of the group's strategy to expand into under-penetrated leisure markets with long-term growth potential. The development will strengthen Radisson's footprint in eastern India, where organised hospitality supply remains limited in emerging tourist locations. With over 200 hotels operational and under development across India, the group continues to focus on early entry into evolving markets to establish branded presence and capture demand driven by domestic tourism and infrastructure improvements.Read more

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IHCL signs 20-key Taj Safaris lodge in Satpura to expand wildlife tourism portfolio in Madhya Pradesh

31 Mar 2026

Indian Hotels Company Ltd (IHCL) has signed a 20-key greenfield Taj Safaris lodge in Satpura, Madhya Pradesh, as part of its expansion in the wildlife and eco-tourism segment. The project, being developed in partnership with Sarvapratham Hospitality, will strengthen IHCL's presence in the state, where it already operates lodges in Pench, Kanha, Bandhavgarh and Panna. With this addition, IHCL's Taj Safaris portfolio in Madhya Pradesh will increase to five properties, including one under development. The move reflects continued growth in experiential tourism and increasing investor interest in nature-based hospitality assets across India's protected forest regions.Read more

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India’s luxury retail demand rises but limited mall supply slows expansion

31 Mar 2026

India's growing wealthy population is driving demand for luxury brands, but expansion is being held back by a lack of high-quality retail space. The country currently has only a handful of luxury malls, making it difficult for global brands to scale their presence. While several new projects are planned across key cities, they are still a few years away from completion. In the meantime, brands are entering through franchise partnerships or operating in premium but non-luxury spaces. High import duties and limited infrastructure continue to shape how luxury retail evolves in India.Read more

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APCRDA signs land deal for Courtyard by Marriott hotel in Amaravati

30 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into a land sale agreement with Southern Globe Hotels and Resorts Ltd. for setting up a four-star Courtyard by Marriott hotel in Amaravati. The project involves an investment of around INR 140 crore and will include about 150 rooms. Located in Lingayapalem village, the development is expected to create nearly 200 jobs and improve hospitality infrastructure in the capital region. The company has been given defined timelines for approvals, construction, and project completion, aligning with the broader plan to strengthen Amaravati's urban and economic ecosystem.Read more

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