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

Chandigarh notifies Bed & Breakfast policy, allows eligible homes to operate as homestays

01 Jul 2026

• The Chandigarh Administration has officially permitted the use of eligible residential properties as Bed & Breakfast establishments under a newly notified tourism policy.
• The initiative aims to promote affordable homestay accommodation, strengthen the city's tourism ecosystem and provide homeowners with an additional source of income.
• Only owner-occupied residential properties measuring at least 500 square yards will be eligible, subject to registration and compliance with prescribed conditions.
• Applicants must obtain all required permissions and No Objection Certificates (NOCs) before commencing operations under the policy.
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Omaxe to invest INR 6,200 crore in 19 hotels across five states over five years

30 Jun 2026

Real estate developer Omaxe Ltd has announced its entry into the organised hospitality sector with plans to invest INR 6,200 crore over the next four to five years to develop 19 hotels across five states. The projects, spanning nearly 5 million sq ft, will be integrated with the company's townships, mixed-use developments and commercial projects. Uttar Pradesh will account for the majority of the portfolio with 12 hotels, including developments in Ayodhya, Vrindavan and Lucknow. Omaxe will partner with established hospitality operators to manage the hotels, with one of the flagship projects being a 158-key Gateway Hotel by IHCL at The Omaxe State in Dwarka, New Delhi.Read more

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ITC Hotels signs 101-key Welcomhotel in Gandhinagar to expand Gujarat portfolio

30 Jun 2026

ITC Hotels Ltd has signed a management agreement with Shyam Group Hotel and Resort to operate a 101-key Welcomhotel in the Karai area of Gandhinagar, strengthening its presence in Gujarat's hospitality market. Set across a nine-acre site, the hotel will feature guestrooms, multiple dining outlets, banquet facilities and landscaped event lawns, targeting business travellers, weddings, social events and the MICE segment. Strategically located between Gandhinagar and Ahmedabad, with connectivity to Ahmedabad Airport and GIFT City, the property forms part of ITC Hotels' expansion strategy in high-growth markets. The hotel is expected to commence operations later this year.Read more

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M3M 65th Avenue hosts wellness retreat to mark International Yoga Day in Gurugram

28 Jun 2026

M3M 65th Avenue organised YOG-A-FAIR, a wellness-focused event marking International Yoga Day at its mixed-use development in Sector 65, Gurugram. Curated by Drivefitt and powered by GURKHA, the event brought together residents, fitness enthusiasts and visitors for a series of activities centred on physical and mental well-being. The programme featured a sunrise yoga session led by actor and fitness expert Abigail Pande, along with sound healing sessions, recovery zones, nutrition-focused offerings and mindfulness activities. The initiative reflects a broader trend among mixed-use developments and lifestyle destinations to incorporate community-oriented wellness experiences. According to M3M India, the event forms part of its efforts to promote engagement, social interaction and well-being through experiential programmes within its retail and lifestyle developments.Read more

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AI shopping assistant startup Zave raises INR 4.7 crore in bridge funding round led by Inflection Point Ventures

28 Jun 2026

Bengaluru-based AI shopping assistant startup Zave has secured INR 4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The company will use the proceeds to strengthen its AI-powered product, improve platform scalability and infrastructure, and enhance its artificial intelligence capabilities to support its growth. Zave currently operates across Amazon, Flipkart and more than 5,000 brand websites and applications, helping users compare products and make informed purchasing decisions. The startup has crossed 500,000 app installs, serves 50,000 daily active users, and facilitates over INR 15 crore in monthly transactions through its AI-driven recommendation engine. The funding comes as AI-powered commerce platforms continue to attract investor interest amid the rapid expansion of India's digital retail market.Read more

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Luxury tented resorts emerge as a growing segment within experiential hospitality

27 Jun 2026

Luxury tented resorts are increasingly finding favour among hospitality developers and travellers seeking immersive experiences that combine nature, comfort and destination-led storytelling. Moving beyond conventional hotels, these projects are being designed as integrated hospitality ecosystems that blend sustainability, mobility and premium accommodation. Design consultancy EuMo DesignIntelligence has contributed to several such developments across India and overseas, including projects in Ranthambore, Ladakh, Hampi, Nagaland, Bandhavgarh and Nigeria. The trend reflects changing traveller preferences towards experiential tourism, wildlife-based stays and wellness-focused destinations. Industry stakeholders note that luxury tented hospitality is evolving from a niche offering into a recognised segment within the broader tourism and resort real estate market, supported by growing demand for distinctive travel experiences and environmentally responsive development models.Read more

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District by Zomato integrates PadelPark India bookings to expand access to padel courts

27 Jun 2026

District by Zomato has entered into a strategic partnership with PadelPark India to integrate bookings for the latter's padel courts onto its platform, aiming to simplify access to the rapidly growing sport. Announced on June 25, the collaboration covers 11 7Padel facilities across Mumbai, Bengaluru and Pune, enabling users to discover venues and reserve courts through the District app. The partnership comes amid increasing interest in padel as a recreational and fitness activity in urban India, with both companies seeking to improve accessibility and encourage wider participation. The collaboration also reflects the growing convergence of digital platforms and sports infrastructure as operators look to streamline customer experiences and support the expansion of organised recreational sports.Read more

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Indian travellers increasingly seek after-dark experiences as noctourism gains momentum

27 Jun 2026

Noctourism is emerging as a growing travel trend among Indian travellers, with increasing interest in experiences centred around night skies, celestial events and seasonal natural phenomena. Destinations across Ladakh, Himachal Pradesh, Gujarat, Rajasthan, Maharashtra, Karnataka, Kerala, the Andaman Islands and the Northeast are attracting visitors seeking activities such as stargazing, meteor shower viewing, supermoon observation and firefly watching. Travel companies Thomas Cook India and SOTC Travel have highlighted a range of locations where low light pollution, remote landscapes and favourable environmental conditions offer opportunities for astronomy-based tourism and nature-led experiences after sunset. The trend reflects changing travel preferences, with travellers increasingly planning journeys around unique natural events, outdoor experiences and less conventional forms of tourism.Read more

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IHG Targets 400-Hotel Milestone in India as Hospitality Expansion Accelerates

25 Jun 2026

IHG Hotels & Resorts plans to more than triple its presence in India over the next five years, backed by a pipeline of 80 hotels and sustained signing momentum. The company views India as one of its most important growth markets, supported by rising travel demand, favourable demographics and increasing owner interest in branded hospitality assets. Alongside expanding established brands, IHG is introducing new offerings across luxury, premium and midscale segments. The strategy reflects growing confidence in India's hospitality sector and the country's emergence as a key destination for domestic and international travel.Read more

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Manglam Group to invest INR 350 crore in Jaipur hotel project, partners with Marriott

25 Jun 2026

Manglam Group has announced plans to invest around INR 350 crore in a new hospitality project in Jaipur, strengthening its presence in the city's growing hotel market. The company has partnered with Marriott International to bring the Sheraton brand to the project, which will be developed on the Jaipur–Ajmer highway. Spread across more than 3 lakh sq ft, the hotel will feature 220 rooms. The development reflects continued investor interest in Jaipur’s hospitality sector, driven by tourism growth, business travel, and rising demand for branded hotel properties.Read more

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