25 Apr 2025

India's real estate sector attracted USD 26.7 billion in equity inflows between 2022 and 2024, with Mumbai leading at USD 6.9 billion, according to a CII-CBRE report. Delhi-NCR and Bengaluru followed, with the three metros accounting for 62% of total investments. Land and development sites drew the highest share at 44%, while built-up office assets secured 32%. Tier-II cities gained traction, attracting USD 3 billion, driven by industrial growth and infrastructure upgrades. Institutional investors contributed 33% of the capital. With strong fundamentals and ongoing reforms, the sector is poised for sustained growth, appealing to a diverse mix of global and domestic investors.Read more

25 Apr 2025

Mumbai-based VC firm A91 Partners has closed its third fund at USD 665 million, reaffirming its focus on growth-stage investments in Indian startups across consumer, healthcare, financial services, and industrial sectors. Founded in 2018 by ex-Sequoia Capital India executives, the firm typically invests USD 50 million in expansion-ready ventures, with past bets on Digit Insurance, Atomberg, and Push Health. A91's latest fund signals investor confidence in India's long-term potential, despite recent funding slowdowns. The move aligns with a broader trend of successful VC fundraising, including Accel's USD 650 million Fund VIII and Stellaris USD 300 million fund, highlighting ongoing momentum in India's startup ecosystem.Read more

25 Apr 2025

The IMF has revised India's FY26 GDP growth forecast down to 6.2% from 6.5%, citing global trade tensions, slower global growth, and tighter financial conditions. Despite the cut, India remains one of the fastest-growing major economies, with FY25 growth pegged at 6.8%, driven by consumption and infrastructure spending. The real estate sector continues to support urban demand, with housing launches and commercial leasing rising. However, the IMF warns of volatile capital flows and geopolitical risks. Inflation is projected at 4.6% for FY26, within RBI's target range. Developers may defer luxury launches, but affordable housing pipelines stay strong amid stable domestic fundamentals.Read more

24 Apr 2025

India's real estate market registered a robust start in the first quarter of 2025, with 28 deals totalling USD 1.2 billion, according to Grant Thornton Bharat's latest 'Real Estate/REITs Dealtracker' report. The surge, despite subdued IPO and QIP activity, marked a 133% increase in deal volume and over five-fold growth in value compared to the same period last year. Private equity and venture capital played a dominant role, contributing 17 deals worth USD 1.05 billion, while 11 M&A transactions accounted for USD 137 million. Emerging SM REITs also gained traction during the quarter.Read more

23 Apr 2025

In a proactive move to enhance property tax collections, the Chandigarh Municipal Corporation has initiated direct outreach to its top 100 property taxpayers. This strategy aims to encourage timely payments and address outstanding dues. The initiative follows the conclusion of a rebate period, during which taxpayers could avail discounts on their dues. With significant arrears still pending, the civic body is intensifying efforts to recover dues, including issuing notices and considering stricter enforcement actions. This approach underscores the corporation's commitment to improving financial health and ensuring compliance among property owners.Read more

23 Apr 2025

A recent Nuvama report highlights that Real Estate Investment Trusts (REITs) are poised to significantly boost institutional investments in India's office sector. While private equity investments in office spaces slowed during 2022 and 2023 due to inflation and interest rate concerns, a shift towards ready assets in 2024 indicates renewed confidence. With 82% of investments directed towards completed properties in 2024, up from 14% in 2021, the trend suggests a robust demand for operational office spaces. The report anticipates that supply will align with demand in the near term, leading to a gradual decrease in vacancy rates and an acceleration in rent growth.Read more

23 Apr 2025

Alternative Investment Funds (AIFs) channelled close to INR 74,000 crore into Indian real estate by the end of 2024, securing the highest share of AIF inflows among all sectors, as per data compiled by Anarock from SEBI. Of the cumulative INR 5.06 lakh crore invested across sectors, real estate attracted 15%, surpassing IT/ITeS, financial services, and NBFCs. The growth of AIFs has provided crucial funding support for real estate development, especially as traditional financing sources tighten. The number of active AIFs has surged 36 times in the last decade, further highlighting their expanding footprint.Read more

23 Apr 2025

Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI), a subsidiary of Japan-based Toshiba Energy Systems & Solutions Corporation, signed a memorandum of understanding with the Telangana government earlier this week to invest INR 562 crore in expanding its manufacturing operations in Hyderabad. The agreement, signed in Tokyo in the presence of Telangana CM Anumula Revanth Reddy, marks a step forward in Toshiba's long-standing commitment to India. The expansion aims to create over 250 direct jobs within three years and will enhance the company's assembly, testing, and export capabilities, aligning with 'Make in India' and 'Export from India' missions.Read more

22 Apr 2025

The Town Planning Department of the Nagpur Municipal Corporation (NMC) reported its highest-ever revenue collection of INR 414.52 crore in the 2024-25 fiscal year. The majority of this income came through digital channels, with INR 376 crore received online. Key contributors to this milestone included premium charges for exclusions from FSI calculations, transit-oriented development premiums, and building development charges. The department's digital-first approach not only enhanced transparency and efficiency but also played a crucial role in boosting revenue. This development reflects the growing pace of urbanisation and structured development in Nagpur.Read more

21 Apr 2025

In a move aimed at standardizing property taxation, the Bruhat Bengaluru Mahanagara Palike (BBMP) introduced a revised parking tax structure for residential properties. The new system calculates tax based on a uniform rate per square foot, replacing the previous zonal classification method. While this change is intended to simplify the taxation process, it has elicited mixed reactions. Homeowners in premium zones may experience increased tax liabilities, whereas those in lower zones could see reductions. The BBMP has acknowledged public feedback and indicated that further revisions may be considered.Read more