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%

Taxation & Finance News

Equitree launches USD 100 million AIF for small-caps

24 Apr 2026

Equitree Capital Advisors has launched the Equitree Emerging Opportunities Fund, a Category III Alternative Investment Fund registered under IFSCA regulations within the GIFT City framework. The fund, structured as an open-ended restricted scheme, will provide USD-denominated access to listed Indian small-cap equities for non-resident investors, foreign nationals, family offices and institutions. The firm is targeting a fundraise of USD 100 million over the next 12 to 18 months. The launch reflects growing use of offshore investment structures based in GIFT City to channel global capital into Indian equity markets, particularly in segments such as small-cap stocks that offer higher growth potential.Read more

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Manasum to invest INR 150 crore in Chennai senior housing project with 128 units

24 Apr 2026

Manasum Senior Living plans to invest approximately INR 150 crore to develop a senior living project in Chennai, marking its continued expansion in India’s organised senior housing segment. The project, to be developed in collaboration with VNCT Global, will span 4.5 acres and include 92 villas and 36 apartments. Unit configurations range from sub-1,000 sq ft villas to compact 1BHK apartments, targeting independent senior residents. Alongside this development, the company has outlined a broader investment plan of INR 550 crore to expand its footprint across South and West India. The move comes amid growing demand for structured senior living communities, driven by demographic shifts, evolving family structures, and increasing preference for managed residential formats among ageing populations.Read more

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Andhra Pradesh cuts vacant land tax by 50% during construction to boost housing activity

24 Apr 2026

The Andhra Pradesh government has introduced a 50 per cent reduction in vacant land tax (VLT) during the construction phase, aiming to accelerate building activity and ease cost pressures on developers and plot owners. The relief applies from the commencement of construction until the issuance of the occupancy certificate, subject to regulatory compliance. The policy follows amendments to municipal laws approved earlier this year and is expected to improve project viability, encourage timely completion, and enhance land utilisation across urban local bodies. Industry stakeholders have long flagged VLT during construction as a cost burden, and the move is expected to support housing supply, particularly in mid-income segments, while improving ease of doing business in the state’s real estate sector.Read more

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Brookfield India REIT raises INR 2,600 crore via QIP

24 Apr 2026

Brookfield India Real Estate Trust has secured strong institutional backing for a INR 2,600 crore Qualified Institutional Placement (QIP), with participation from global and domestic investors including the International Finance Corporation and major insurance and fund houses. The capital raise, initially launched at INR 2,000 crore, was upsized following robust demand, reflecting sustained investor confidence in India’s Grade-A office assets. The proceeds are expected to be deployed towards acquisitions and debt reduction, strengthening the REIT’s balance sheet and expansion pipeline. This transaction also highlights growing institutional appetite for income-generating commercial real estate platforms, even as office leasing dynamics remain cyclical across key urban markets.Read more

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Bengaluru to launch online khata correction system for property records

Bangalore News Desk

24 Apr 2026

Authorities in Bengaluru are preparing to introduce an online khata correction facility to simplify property record updates and reduce administrative delays. The initiative, led by the Greater Bengaluru Authority, will allow property owners to modify key details such as location and ward information without visiting civic offices. The reform is part of a broader push towards digitisation of land and property records, supported by automatic mutation systems and ongoing e-khata rollouts. Officials indicated that the system has already processed lakhs of applications, with strong daily usage. The move is expected to improve transparency, minimise errors, and enhance efficiency in property documentation, addressing long-standing bottlenecks in Bengaluru’s urban governance framework.Read more

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India real estate inflows hit USD 5.1 billion in Q1, up 72% YoY

23 Apr 2026

India’s real estate sector recorded capital inflows of USD 5.1 billion during the January–March quarter, marking a 72% year-on-year increase, according to CBRE. The inflows, the highest ever for any quarter, were driven largely by developers and REITs, with domestic investors accounting for the majority share. Strong activity in office and retail assets, along with sustained investor confidence despite global uncertainties, indicates continued momentum in institutional investment and asset creation across key urban markets.Read more

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RBI draft NBFC-UL norms raise compliance costs for CICs above INR 1 lakh crore AUM: India Ratings

23 Apr 2026

The Reserve Bank of India’s draft framework for classifying upper layer non-banking financial companies is expected to increase compliance burdens for core investment companies, according to India Ratings. The proposal sets an assets under management threshold of INR 1 lakh crore for NBFC-UL classification and may require mandatory listing, impacting privately held CICs with concentrated group exposures. The report noted that while the framework remains largely neutral for most NBFCs, CICs could face higher governance and regulatory costs. The draft has also drawn attention due to its implications for large entities such as Tata Sons, which exceeds the proposed AUM threshold.Read more

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PNB Housing Finance Q4 profit rises 19% to INR 656 crore, AUM grows to INR 90,921 crore

23 Apr 2026

PNB Housing Finance reported a 19 per cent year-on-year increase in net profit to INR 656 crore for the March quarter, supported by higher interest income and loan growth. Total income rose to INR 2,172 crore, while assets under management expanded 13 per cent to INR 90,921 crore. Net interest income also recorded growth, although margins saw a marginal decline. Asset quality improved with a reduction in gross NPAs. For the full financial year, the lender reported an 18 per cent rise in profit and announced a dividend of INR 8 per share, subject to shareholder approval.Read more

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Welspun Enterprises leases 4.5 lakh sq ft office space in Hinjewadi, Pune in five-year deal

Pune News Desk

23 Apr 2026

Welspun Enterprises has leased over 4.5 lakh sq ft of office space in Hinjewadi, Pune, marking one of the largest commercial leasing transactions in the city in recent months. The space, located in a Grade A IT park, has been taken on a five-year lease with a total rental commitment exceeding INR 82 crore. The deal reflects sustained occupier demand in Pune’s western IT corridor, driven by expansion plans of domestic firms and continued traction from Global Capability Centres. Hinjewadi remains a key micro-market for large-format office transactions.Read more

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Brookfield India REIT launches institutional placement at INR 329.94 floor price

23 Apr 2026

Brookfield India Real Estate Trust has launched an institutional placement of units with a floor price set at INR 329.94 per unit, as part of its ongoing capital raising strategy. The move comes after unitholder approval for fundraising through institutional routes and is expected to attract strong interest from global and domestic investors. The placement is aimed at strengthening the REIT’s balance sheet and supporting future acquisitions and growth initiatives across its Grade-A office portfolio. Institutional participation, including global funds, reflects continued confidence in India’s commercial real estate sector despite evolving market conditions.Read more

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