13 Jun 2026

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% has been welcomed by real estate developers, who believe the move will support stability across both residential and commercial property markets. Industry stakeholders said the continuation of the current interest rate environment provides greater visibility on borrowing costs, helping homebuyers, developers, businesses and institutional investors make long-term decisions with confidence. Developers noted that stable financing conditions are expected to sustain housing demand, support project execution and encourage investment activity in office, retail and mixed-use developments. The policy decision comes amid global economic uncertainty, geopolitical tensions and fluctuating commodity prices, with industry participants viewing the RBI’s neutral stance as a measure that balances growth considerations with macroeconomic stability.Read more

13 Jun 2026

Vertex Group has launched DK Vertex, a smart co-working and business services platform backed by an investment of INR 300 crore, targeting startups, entrepreneurs and growing businesses across India. The platform debuts with over 10,000 seats across seven facilities spanning one million sq ft in Delhi-NCR, Bengaluru and Mumbai. Positioned as an integrated workspace ecosystem, DK Vertex combines office infrastructure with services such as IT support, information security, payroll, hiring, analytics and business networking. The launch comes amid rapid growth in India’s flexible workspace market, which is projected to expand significantly over the next decade, driven by increasing demand from startups and technology-led enterprises seeking scalable and service-oriented work environments.Read more

13 Jun 2026

Kerala-based sports technology startup Dartle has raised USD 100,000 in a seed funding round led by Inflection Point Ventures (IPV). The company, which provides a B2B SaaS platform for youth sports and football academies, plans to use the capital to strengthen its go-to-market strategy, expand in the United States, enhance AI capabilities and deepen partner engagement. Dartle currently serves 14 academies across India, the Middle East, Nepal and the US, while running eight paid pilots in the American market. The startup aims to onboard more than 100 academies globally over the next year and increase its annual recurring revenue to nearly USD 1 million, targeting a growing global market of sports academies seeking integrated operational and athlete management solutions.Read more

12 Jun 2026

India’s recent decision to remove taxes on foreign investments in government bonds and expand access to its debt market has drawn a positive response from global investors. More than USD 1 billion flowed into government securities within days of the announcement, while bond yields declined across maturities. Investors and asset managers believe the reforms could boost foreign participation, support lower borrowing costs and strengthen India’s chances of inclusion in major global bond indexes. However, currency movements and global market volatility remain important factors that could influence future inflows.Read more

12 Jun 2026

Urban Vault, a Bengaluru-based coworking and managed workspace operator, has provided a 16,000 sq ft office space in Gurugram to Green SM, the electric ride-hailing company backed by Vietnam’s Vingroup. The facility, located on Golf Course Road in Sector 54, accommodates around 500 seats and marks Green SM’s first office in India. The agreement forms part of a broader partnership under which Urban Vault will support Green SM’s workspace requirements across key Indian cities. The development comes amid strong demand for flexible office solutions in major urban markets, with coworking operators significantly increasing office leasing activity during the first quarter of 2026, according to industry data.Read more

12 Jun 2026

UK-based oil producer EnQuest has agreed to acquire interests in four offshore production-sharing contracts in Malaysia from Petronas in a deal valued at up to USD 833 million. The transaction marks a significant step in EnQuest’s strategy to expand its presence in Southeast Asia and diversify beyond the North Sea. The acquisition is expected to boost the company’s production levels and strengthen its international portfolio. Investors welcomed the announcement, sending EnQuest shares sharply higher in early trading.Read more

12 Jun 2026

Tamil Nadu has completed the assignment of guideline values for every land survey number across the state, marking a significant reform in property registration and valuation. The initiative, announced by the Registration Department, aims to bring greater transparency and consistency to land transactions by ensuring that each parcel of land has a designated market guideline value. The exercise covers both urban and rural areas and is expected to reduce valuation disputes, improve revenue collection and streamline property registrations. Officials indicated that the project was undertaken using extensive field surveys and digital mapping tools. The move forms part of the state's broader efforts to modernise land administration, enhance the accuracy of property records and support a more transparent real estate market.Read more

12 Jun 2026

The Odisha government has approved a reduction in stamp duty for Economically Weaker Section (EWS) housing, providing relief to lower-income homebuyers and reinforcing its affordable housing agenda. The decision comes amid concerns that recent changes to apartment registration and stamp duty provisions could increase transaction costs for affordable housing purchasers. The revised framework is intended to lower the upfront cost of homeownership for economically vulnerable households while supporting housing accessibility across the state. The measure forms part of a broader set of reforms undertaken by the state government in recent months to streamline apartment registration, simplify common-area ownership transfers and improve transparency in property transactions. The move is expected to benefit beneficiaries of affordable housing schemes and first-time homebuyers within the EWS category.Read more

12 Jun 2026

Indore has retained its position as the highest contributor to property registration revenue in Madhya Pradesh, reflecting sustained real estate activity despite rising property valuations and a moderation in transaction volumes. Data from the state registration department shows the city generated the largest share of stamp duty and registration collections among districts in the state. The performance comes amid significant appreciation in collector guideline rates across several micro-markets and continued demand for residential and commercial assets. Officials attribute the strong revenue generation to high-value transactions, infrastructure-led growth and ongoing urban expansion. The figures underline Indore’s growing significance within Madhya Pradesh’s property market and its role as a key source of revenue for the state government.Read more

11 Jun 2026

A proposed government auction of a prime land parcel in Hyderabad’s Banjara Hills, expected to fetch around INR 1,000 crore, has become embroiled in an ownership dispute after private claimants challenged the state's title over the property. The land, located in one of Hyderabad’s most expensive real estate markets, was scheduled to be auctioned by the Telangana government as part of its land monetisation programme. However, competing ownership claims have raised questions over the transaction, prompting legal scrutiny and uncertainty over the sale process. The dispute has attracted significant attention from developers and investors due to the parcel’s strategic location and development potential, highlighting the importance of clear land titles in high-value urban land transactions.Read more