16 Feb 2026

The Reserve Bank of India (RBI) has proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with safeguards, including a cap of 10% of a bank's eligible capital base and strict monitoring of end use of funds. In a draft circular, the central bank said only listed REITs with at least three years of operations and positive net distributable cash flows in the previous two financial years would be eligible. The RBI also proposed that aggregate exposure to a borrowing REIT and its special purpose vehicles should not exceed 49% of asset value as of March 31 of the previous financial year. The draft norms, open for feedback until March 6, are expected to come into force from July.Read more

16 Feb 2026

Bihar has requested the Centre to release a pending INR 3,000 crore under the Pradhan Mantri Awas Yojna Gramin (PMAY-G) to expedite rural housing construction. State Rural Development Minister Sharwan Kumar informed that while INR 91 crore was released recently, it was distributed without an operational Single Nodal Agency (SNA) account, delaying further disbursements. The state is establishing its SNA account to directly transfer funds through PFMS AwaasSoft. More than 12 lakh pucca houses have approval, but over 72,000 beneficiaries are still awaiting their first instalment.Read more

16 Feb 2026

Canara Bank has initiated a debt auction worth INR 577 crore for Supreme Housing and Infrastructure Limited as part of recovery efforts during the company's insolvency process. The lender has invited bids from financial institutions and asset reconstruction companies to acquire the non-performing loan, which relates to several residential and commercial real estate projects developed by the Supreme Group. The move follows the initiation of corporate insolvency resolution proceedings, with the National Company Law Tribunal appointing a resolution professional to manage the process. Canara Bank's auction is aimed at improving asset recovery and enabling the continuation or completion of ongoing projects under the oversight of the resolution professional. The bank's action is part of broader efforts by lenders to resolve stressed assets in the real estate sector.Read more

15 Feb 2026

IndiQube Spaces Ltd reported a consolidated net loss of INR 17.06 crore for the third quarter of financial year 2025-26, according to a regulatory filing, compared with a profit in the year-ago period. The company's total income declined to INR 79.76 crore from INR 121.28 crore in the corresponding quarter. The results reflect lower revenue from its co-working and managed office portfolio amid evolving demand patterns in India's commercial real estate sector. IndiQube, a provider of flexible workspace solutions across major cities, continues to focus on scaling its managed space offerings and tenant mix diversification. The company did not provide detailed segment or location-wise performance data in the filing. Market watchers will monitor future quarterly trends to assess whether revenue-enhancing measures and cost optimisation strategies help return the business to profitability.Read more

15 Feb 2026

The Chandigarh administration has identified nearly 1,000 vacant government-owned properties for phased e-auction from the start of the next financial year as part of efforts to bolster revenue and ensure optimal land utilisation across the Union Territory. The properties span residential, commercial, industrial and institutional categories, including sites in key sectors and industrial zones. Officials said the administration expects to generate more than INR 1,000 crore in revenue through these auctions during the first two quarters, with monthly e-auction sessions to maintain transparency and efficiency. Unsold assets will be re-auctioned as required. Authorities also cited the initiative as a way to reduce maintenance costs, prevent illegal encroachments and support activity in the local real estate market, building on previous revenue earned from similar property sales.Read more

15 Feb 2026

Dubai's residential real estate market is evolving into a dual-track structure, where homes increasingly function as lifestyle assets rather than conventional housing, according to Talal M. Al Gaddah, CEO and Founder of luxury brand Keturah. He said the market is moving away from high-volume, speculative development towards purpose-led, wellness-integrated projects focused on long-term liveability. As the sector matures in 2026, standard residential supply is expected to face slower absorption and compressed margins, while experience-driven developments are likely to outperform. Demand, he noted, is consolidating around projects that emphasise privacy, quality, sustainability and community, supported by Dubai's stable regulatory environment and rising interest from global investors seeking capital preservation and lifestyle integration.Read more

14 Feb 2026

Smartworks Coworking Spaces Limited has expanded its Mumbai footprint with a 182,300 sq ft managed office lease at The Square, a commercial development by Lloyds Realty Developers Ltd in Andheri (East). With this addition, Smartworks total portfolio in Mumbai has crossed 2 million sq ft, reinforcing its position in India's financial capital. The IGBC Gold pre-certified building is strategically located near Chhatrapati Shivaji Maharaj International Airport (T2) and key metro corridors, enhancing accessibility for enterprise occupiers. The expansion follows recent large-scale campus additions in Vikhroli and Navi Mumbai. The company said the move aligns with sustained enterprise demand for high-grade, flexible managed office spaces across Mumbai's prime commercial hubs.Read more

14 Feb 2026

Housing sales across India's top 15 tier-2 cities declined 10% year-on-year in 2025 to 1,56,181 units, while new launches fell 6% to 1,36,243 units, according to data released by PropEquity. Despite the drop in volumes, total sales value remained flat at INR 1.48 lakh crore, reflecting rising property prices and growing premiumisation. Sales of homes priced below INR 1 crore fell 15% YoY, reducing their share to 72%, while homes priced above INR 1 crore grew 9% YoY, increasing their share to 28%. Gujarat's four cities accounted for nearly two-thirds of total sales and launches, with Ahmedabad alone contributing 33% of total absorption. The report indicates that tier-2 markets are increasingly mirroring tier-1 cities in pricing trends and demand patterns.Read more

14 Feb 2026

Ashiana Housing Ltd has posted a consolidated net profit of INR 56.65 crore for the third quarter of financial year 2025-26, up from INR 46.29 crore in the year-ago quarter, according to a regulatory filing. The company's total income rose markedly to INR 505.01 crore from INR 353.08 crore in the same period, reflecting stronger revenue recognition as construction activity and sales momentum progressed across its projects. The rise in profitability and revenues indicates improving operational execution amid a stable residential real estate demand environment. Ashiana Housing's portfolio spans multiple urban and peri-urban locations, with a mix of completed, ongoing and forthcoming developments. While the company did not provide a project-wise income breakdown, the quarterly results suggest continued conversion of sales and delivery milestones into financial performance.Read more

14 Feb 2026

Pan IIT Alumni India has welcomed the interim India-US trade framework, stating that it could significantly accelerate India's push in semiconductors, data centres and advanced technology manufacturing. The alumni body said the framework, read alongside the Union Budget, reflects a clear strategic alignment between global technology partnerships and domestic capacity-building. According to Pan IIT Alumni India, improved access to advanced components and closer cooperation with the United States come at a critical juncture as India expands semiconductor fabrication, packaging and design under its incentive programmes. It also highlighted the Budget's proposed tax holiday for foreign cloud service providers using Indian data centres as a strong signal to global investors. Together, the measures were said to strengthen supply chain resilience, support digital infrastructure expansion and enhance India's position within global technology value chains.Read more