25 Mar 2026

Embassy Office Parks REIT is planning a significant expansion of around 12-13 million sq ft to strengthen its commercial real estate portfolio and improve long-term income stability. The strategy combines both acquisitions and in-house development, supported by a capital raise of about INR 9,800 crore in FY26. A portion of the pipeline is expected from its sponsor assets. The REIT is focusing on Grade A office properties with steady rental yields, aiming to enhance net operating income while maintaining a balanced and disciplined growth approach.Read more

25 Mar 2026

Madurai Corporation is implementing a digital system to improve property tax collection and urban services through better data and monitoring. The initiative includes DGPS-based asset mapping, real-time tax assessments, and automated notice generation. A centralised dashboard and upgraded command centre are being used to track services like sanitation and street lighting. The civic body has also integrated grievance redressal through a mobile app and web platform. These steps are aimed at improving transparency, reducing manual work, and ensuring faster service delivery across the city.Read more

25 Mar 2026

The Rajasthan State Industrial Development and Investment Corporation has launched a new policy offering industrial land at a 40% discount on a 33-year lease to boost investments in the state. The scheme covers 30 industrial areas and includes extended payment timelines of up to five years. It also reduces transfer charges and conversion fees while introducing plug-and-play facilities. With added infrastructure spending and support for real estate-linked development, the move aims to make industrial setup more affordable and improve ease of doing business in Rajasthan.Read more

24 Mar 2026

Homeland Group, in partnership with VRC, has acquired two prime mixed-use land parcels in Mohali for over INR 1,000 crore through a government-led auction. The transaction includes a 5.5-acre site near the Chandigarh border and a 13-acre parcel in Sector 62, positioning the developers for large-scale integrated projects. With a planned development potential of around 5 million sq ft, the projects will combine residential and commercial components. The deal reflects rising investor confidence in Tier-2 markets such as Mohali, driven by improving infrastructure, strategic location within the Chandigarh tri-city region, and growing demand for premium mixed-use developments.Read more

24 Mar 2026

Realty Income Corp has entered into a joint venture with Apollo Global Management and its affiliates, under which the asset manager will invest USD 1 billion for a 49 per cent stake in a retail property portfolio. The platform will own around 500 single-tenant retail assets across sectors such as grocery, quick service restaurants, and drug stores, structured under long-term net lease agreements. Realty Income will retain management control and an option to repurchase Apollo's stake between the seventh and fifteenth year. The transaction, expected to close shortly, reflects continued investor preference for stable, income-generating retail real estate assets with predictable cash flows.Read more

24 Mar 2026

Indian Bank has successfully raised INR 50 billion through the issuance of 10-year infrastructure bonds, with a coupon rate of 7.15%. The fundraising saw participation from investors through bids invited earlier during the day. The bonds carry AAA ratings from domestic credit rating agencies, indicating strong credit quality. Infrastructure bonds are typically used by banks to fund long-term projects while also benefiting from regulatory advantages. This issuance aligns with the broader trend of public sector banks tapping debt markets to support credit growth and infrastructure financing needs.Read more

24 Mar 2026

alt.f coworking is set to expand its presence in Hyderabad with the launch of a 775-seat premium coworking centre at Meenakshi Tech Park in Gachibowli. Scheduled to open next month, the facility targets small and mid-sized businesses by offering fully serviced, move-in ready offices with no upfront setup costs. The company is also providing a limited-period incentive of 30 days rent-free occupancy for early bookings. Designed with a European-inspired aesthetic, the workspace will include private cabins for teams of 15-50 members, alongside shared amenities. The expansion aligns with growing demand for flexible, cost-efficient office solutions in key business districts.Read more

24 Mar 2026

The Himachal Pradesh Vidhan Sabha has approved a supplementary budget of INR 40,461.95 crore for 2025-26, with significant allocations towards infrastructure, power, disaster management, and public services. Of the total outlay, INR 36,374.61 crore has been earmarked for state schemes and INR 4,087.34 crore for centrally sponsored programmes. Key provisions include funding for road development, water supply, healthcare infrastructure, and urban projects such as shopping complexes and flyovers. Substantial allocations have also been made towards power sector restructuring, disaster relief, and transport subsidies. The budget reflects a focus on infrastructure expansion and addressing liabilities, alongside continued investment in social and development programmes across the state.Read more

Bangalore News Desk

24 Mar 2026

A set of residential developments in East Bengaluru—Ramky Fortuna in Whitefield, 2G Tula in Hoodi, and Sowparnika Whispering Petals in Hoskote—illustrate varying approaches to housing demand in the region. These projects cater to different buyer segments, offering a mix of ready-to-move-in and under-construction options with pricing ranging from around INR 40 lakh to over INR 1.8 crore. While Ramky Fortuna focuses on township-style living and scale, 2G Tula emphasises low-density community design and premium configurations, and Sowparnika Whispering Petals targets affordability with flexible payment structures. The developments reflect broader trends in East Bengaluru, where infrastructure growth, proximity to IT corridors, and evolving buyer preferences continue to shape residential demand and project positioning.Read more

24 Mar 2026

The government has approved a limited-period INR 20,000 crore Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0) to address funding challenges faced by the sector. The scheme, operational until end-June, will cover loans extended by banks and other lenders to microfinance institutions (MFIs) and NBFC-MFIs for onward lending to small borrowers. It introduces caps on interest rates, loan tenures, and exposure limits, while mandating allocation of funds across small and mid-sized MFIs. The move comes amid rising non-performing assets in the sector, which have constrained access to bank funding. Industry bodies have welcomed the initiative, stating it will improve liquidity and support credit flow to underserved segments.Read more