2 hours ago

Australian property group Dexus has agreed to sell three office properties in Sydney and Brisbane for a combined gross sale price of AUD 715 million (USD 500.43 million), surpassing its divestment target set for FY27. The transaction aligns with the company's strategy to streamline its portfolio amid challenging conditions in the commercial real estate market. Dexus said the assets were sold at values consistent with their independent valuations as of June 30, with the transaction expected to be completed in October, subject to customary conditions, including approval from Australia's Foreign Investment Review Board (FIRB).Read more

3 hours ago

Large office transactions continued to dominate India's commercial real estate market during the first half of 2026, accounting for 59% of total leasing activity, according to a market report. The trend reflects sustained expansion by major occupiers, particularly Global Capability Centres (GCCs), technology firms and multinational companies seeking high-quality office space. The report indicates that large-format leasing remains a key driver of demand across leading office markets, reinforcing confidence in India's long-term commercial real estate sector.Read more

7 hours ago

Indian banks have mobilised nearly USD 32 billion under the Reserve Bank of India's dollar inflow schemes introduced in June, according to RBI Governor Sanjay Malhotra. The inflows are expected to strengthen India's balance of payments, with the bulk coming through the Foreign Currency Non-Resident (FCNR) deposit scheme. The RBI also noted that tax changes helped attract around USD 7 billion into debt markets through foreign portfolio investments. The central bank maintained its stance on the rupee, interest rates and inflation, while highlighting potential risks from food and fuel prices.Read more

8 hours ago

Strata has invested INR 96 crore across residential developments in Chennai and Bengaluru, marking its continued expansion into professionally managed residential real estate investments. The investment has been deployed through projects in two of South India's strongest housing markets, reflecting sustained demand for structured investment opportunities in the residential sector. The move also highlights the growing role of technology-driven investment platforms in broadening access to institutional-quality real estate assets for a wider investor base.Read more

10 hours ago

Chhattisgarh has recorded a sharp increase in property registrations in women’s names following the state government’s decision to reduce registration charges for female buyers. The 50% fee reduction initiative, introduced to promote women’s ownership of immovable assets, has encouraged more families to register residential and land properties under women’s names. The rise reflects the impact of financial incentives on property ownership trends and highlights the growing role of women in the state’s real estate market. The policy is also aimed at supporting economic empowerment through asset creation.Read more

12 hours ago

Bank of India reported a strong financial performance in the first quarter of FY27, with consolidated net profit rising 80.51 per cent year-on-year to INR 3,302.58 crore, supported by higher non-interest income and steady growth in core banking operations. The state-owned lender also recorded healthy growth in advances and deposits while further improving its asset quality. The bank expects continued business growth during the current financial year, supported by a strong corporate loan pipeline, higher retail lending, and mobilisation of FCNR(B) deposits under the Reserve Bank of India's special window.Read more

14 hours ago

UltraTech Cement is planning its largest-ever rupee-denominated bond issue as it looks to raise INR 50 billion from the domestic debt market ahead of the Reserve Bank of India's monetary policy announcement scheduled for August 5. The proposed fundraising will be spread across three maturities and is expected to attract institutional investors due to its AAA credit rating. The move comes after the company reported a strong first-quarter performance and continues its strategy of maintaining financial flexibility while supporting business growth and managing its debt obligations.Read more

28 Jul 2026

Housing and Urban Development Corporation Ltd (HUDCO) reported a 35% year-on-year increase in its net profit to INR 851 crore for the first quarter of FY27, supported by higher interest income and growth in total income. The state-owned housing and infrastructure financing company also announced its first interim dividend of INR 1.25 per equity share. During the quarter, HUDCO raised INR 2,140 crore through privately placed listed non-convertible debt securities, while its loan impairment provisions declined sharply under the expected credit loss framework, reflecting an improvement in its overall credit provisioning position.Read more

28 Jul 2026

Cube Highways Trust's INR 5,000 crore Infrastructure Investment Trust (InvIT) public issue witnessed strong investor demand, with the offer being subscribed 9.35 times by the close of bidding. Institutional investors led the response, while the trust had already secured investments from anchor and strategic investors before the issue opened. The public issue is entirely an Offer for Sale as the trust moves from a privately listed to a publicly listed InvIT. Following the allotment process, the units are expected to be listed on the BSE and NSE in early August.Read more

28 Jul 2026

Shriram Finance reported a 60% year-on-year rise in net profit for the first quarter of FY27, supported by strong growth in net interest income, higher other income and an improvement in net interest margin (NIM). The company attributed the margin expansion partly to the capital infusion following MUFG's stake acquisition, which helped lower its cost of funds. While loan disbursements and assets under management (AUM) continued to grow at a healthy pace, the lender flagged possible pressure on the rural economy due to below-normal rainfall in parts of central India, which could affect demand in some lending segments.Read more