4 minutes ago

The Swiss National Bank reported a net loss of 498 million Swiss francs (CHF) for the first quarter, as a sharp decline in foreign currency investments outweighed gains from rising gold prices. Losses of around CHF 8.2 billion on equities and bonds, driven by weak global markets and expectations of higher interest rates, impacted overall performance. This was partially offset by a CHF 7.8 billion gain in gold holdings, supported by a 6.8% rise in gold prices. The central bank continues to remain exposed to global market fluctuations due to its large foreign asset portfolio.Read more

34 minutes ago

Authorities have registered an FIR against four individuals for carrying out unauthorised construction on land earmarked for the expansion of the Noida International Airport. The action follows identification of encroachments on acquired land, where construction activity is prohibited after notification. Officials indicated that such violations could impact compensation eligibility and disrupt planned infrastructure development. The case highlights ongoing challenges in safeguarding land for large-scale infrastructure projects, particularly in high-growth corridors around the airport. The administration has taken enforcement measures to prevent further encroachments and ensure project timelines remain unaffected as the airport expansion progresses.Read more

1 hour ago

Fabege AB reported a steady performance in the first quarter, with rental income rising by 3.1% to SEK 892 million. The company also saw a notable increase in property management profit, which grew to SEK 370 million from SEK 285 million in the previous year. Profit after tax stood at SEK 125 million, translating to SEK 0.40 per share. The results reflect stable leasing activity and operational performance despite broader market uncertainties impacting the real estate sector.Read more

1 hour ago

The Karnataka government has revived the long-pending Intermediate Ring Road (IRR) project in Bengaluru, a 210 km corridor aimed at improving connectivity across the city’s peripheral growth zones. The project, originally proposed over a decade ago, will link 12 satellite towns including Devanahalli, Bidadi, Anekal and Hoskote. Now under the Bengaluru Metropolitan Region Development Authority (BMRDA), the revised plan seeks to address earlier land acquisition and legal challenges by reverting to the original alignment with modifications. A key strategy involves land pooling through developer-led relinquishment, reducing acquisition costs. The corridor will integrate with other major infrastructure projects such as the Satellite Town Ring Road and the Bengaluru Business Corridor, forming a broader mobility network to support regional expansion and decentralised urban growth.Read more

2 hours ago

Bengaluru’s city corporations have initiated a stricter recovery mechanism for unpaid property taxes, with plans to acquire properties of chronic defaulters after repeated enforcement measures failed. The move comes amid mounting arrears exceeding INR 500 crore across more than 1,000 properties. Authorities indicated that conventional recovery methods such as notices, attachment and auctions have seen limited success, prompting civic bodies to consider purchasing defaulted properties at notified prices. The step is intended as a last-resort mechanism to recover long-pending dues, including penalties and interest. Any surplus from the transaction will be returned to property owners. The decision reflects increasing pressure on urban local bodies to improve revenue collections and enforce compliance.Read more

2 hours ago

The pedestrian skywalk linking Noida’s Sector 51 and Sector 52 metro stations has been delayed by over a month due to design revisions and structural constraints identified during execution. The 420-metre, air-conditioned interchange facility, built at an estimated cost of around INR 40 crore, faced complications after a metro beam obstructing the entry point was not accounted for in the original design. Authorities are now reworking structural elements, including beam removal and alignment changes, to enable safe access. The project, which aims to provide seamless connectivity between the Aqua Line and Blue Line, has already missed multiple deadlines since construction began in 2023, affecting daily commuters relying on the interchange.Read more

3 hours ago

Adani Ports and Special Economic Zone Ltd (APSEZ) has reportedly secured approval from the lenders’ panel to acquire bankrupt Karanja Terminal & Logistics, marking another strategic move in its port asset expansion strategy. The resolution plan was cleared with 100% voting by the committee of creditors after rejecting a competing one-time settlement proposal. The asset, which has outstanding dues of over INR 625 crore, is undergoing insolvency proceedings. The acquisition, once finalised, will strengthen Adani Ports’ presence in western India and add to its portfolio of port infrastructure assets. The move aligns with the company’s broader strategy of acquiring stressed logistics and port assets through insolvency-led opportunities.Read more

3 hours ago

Kuwait Airways has entered into a contract worth KWD 33.5 million with Automated Systems Company to manage its infrastructure and information technology systems. The agreement focuses on strengthening the airline’s operational efficiency through improved IT management and system support. Such collaborations are becoming increasingly important in the aviation sector as airlines look to modernise operations and enhance service reliability. The move also reflects a broader trend of digital transformation across transport infrastructure, where technology-driven upgrades are being prioritised to support long-term operational stability.Read more

4 hours ago

A long-standing garbage dump near the Rapti river in Gorakhpur has been redeveloped into an eco park and urban forest, with the project scheduled for inauguration shortly. The initiative involved scientific disposal of over 2.26 lakh metric tonnes of legacy waste, freeing nearly 40 acres of land for redevelopment. Executed at a total cost of around INR 41.5 crore, the project also includes a four-lane road and supporting infrastructure. The redevelopment is part of a broader push towards urban environmental restoration, addressing pollution concerns while creating public green space. The site, previously associated with methane emissions and fire hazards, has now been converted into a structured recreational and ecological zone.Read more

4 hours ago

CBRE reported stronger-than-expected quarterly performance as rising demand from data centres supported leasing and facilities management activity. Growth in artificial intelligence-related infrastructure has contributed to renewed momentum in the commercial real estate sector, driving higher site acquisitions, construction work, and long-term leasing commitments. The company also posted solid revenue gains across its building operations and experience segment. Profitability improved significantly compared to the previous year, while revenue exceeded market estimates. Investor sentiment remained positive, with shares moving higher in premarket trading, supported by expectations of potential interest rate cuts later in the year.Read more

5 hours ago

Telangana’s revised Transferable Development Rights (TDR) policy has led to a sharp escalation in TDR prices, raising concerns among developers over rising project costs and housing affordability. The policy mandates TDR utilisation for high-rise developments and expands its use for setback relaxations, driving demand for development rights across Hyderabad. While the move aims to compensate landowners and reduce government cash outflows for infrastructure projects, developers have flagged cost pressures and delays in project planning. The price escalation is expected to impact new launches and ongoing developments seeking approvals, with concerns emerging over supply recalibration and potential pass-through of costs to homebuyers in key micro-markets.Read more

5 hours ago

Kalamassery municipality has released a draft notification proposing amendments to its 1991 structural plan, aimed at aligning land-use regulations with current urban development needs in the Kochi region. The draft, published recently, introduces relaxed zoning norms, higher construction limits, and expanded mixed-use provisions to support residential, commercial, and industrial integration. It also reclassifies agricultural zones based on flood risk and permits broader development in low-risk areas. The changes are intended to facilitate key projects such as Judicial City, logistics parks, and Infopark expansion while addressing long-standing land-use constraints. Citizens have been given a 60-day window to submit objections or suggestions, following which the revised plan may be finalised.Read more

27 Apr 2026

Delhi is set to begin the regularisation of properties in unauthorised colonies from April 24 under the PM-UDAY scheme, covering 1,511 colonies. The revised framework removes earlier requirements such as approved layout plans and adopts an as-is, where-is approach to speed up approvals. A defined processing timeline has also been introduced to improve efficiency. The move is expected to benefit a large number of residents by granting legal ownership rights and enabling access to basic services, while also supporting better planning and integration of these colonies into the formal urban system.Read more

Mumbai News Desk

27 Apr 2026

The Brihanmumbai Municipal Corporation’s INR 14 crore proposal to maintain a garden and promenade along the Mithi river has been sent back by the standing committee after members found that the site was either non-existent or encroached. Concerns were raised over lack of verification, violation of buffer norms, and possible irregularities in the tender process. The committee has sought detailed clarification before reconsideration, while separately approving an INR 30 crore desilting project for the river as part of flood preparedness efforts.Read more

27 Apr 2026

UK-based warehouse and logistics property company Segro is expanding its data centre strategy across Europe, with planned sites in France, Germany, Italy and Poland to benefit from rising artificial intelligence-driven demand. The company expects strong long-term demand around major urban centres and is actively working on securing planning approvals and power connections. In the UK, it has strengthened its position with 400 MW power upgrades in London and Slough, a pre-let deal for a 30,000 square metre facility, and approval for a GBP 1 billion (USD 1.35 billion) data centre project in West London. Data centres currently account for about 7% of its clients.Read more

27 Apr 2026

A safety lapse during railway maintenance work on the Central Railway line in the Mumbai region led to two passengers being injured on a Kasara-bound local train. Debris and an iron rod fell into a moving coach, leaving one commuter critically injured. Authorities have suspended three staff members and started an internal inquiry. The incident has raised concerns over adherence to safety protocols, especially as such work is meant to be carried out during traffic blocks. Past incidents on the same route have also pointed to recurring risks during maintenance activity.Read more

27 Apr 2026

Holcim delivered better-than-expected results for the first quarter of the year even as global construction activity showed signs of weakening. The company reported a 4.8% decline in sales to CHF 3.52 billion, which still came in above estimates, while recurring operating profit stood at CHF 431 million, also ahead of market expectations. Performance was influenced by portfolio restructuring, exits from select markets, adverse weather in Europe, and currency pressure from a strong Swiss franc. Despite softer industry sentiment and revised global growth expectations, Holcim maintained its full-year outlook and continued its expansion through acquisitions in Latin America.Read more

27 Apr 2026

The Odisha Real Estate Appellate Tribunal (OREAT) has allowed Kantabada Gram Panchayat to challenge a housing project approved by the Bhubaneswar Development Authority (BDA), widening the interpretation of who can file complaints under RERA. The tribunal held that a panchayat qualifies as an ‘aggrieved person’, overturning an earlier rejection by the state regulator. The dispute relates to a 26-unit residential project in a rural area, where the panchayat has contested BDA’s authority to grant approvals. The case highlights jurisdictional conflicts between local self-government bodies and urban development authorities, with implications for planning control, land use governance and project approvals in peri-urban regions.Read more

27 Apr 2026

Titania Holding AB has entered into a SEK 200 million construction credit facility agreement with Kinnerton to support the development of 44 townhouses. The financing is aimed at strengthening the company’s residential pipeline and ensuring smoother execution of ongoing projects. The move reflects Titania’s continued focus on expanding its housing portfolio amid stable demand in the residential segment. The company has been actively securing funding arrangements in recent years to support project delivery and maintain liquidity during construction phases.Read more

27 Apr 2026

Juniper Green Energy has started commissioning India’s first Firm and Dispatchable Renewable Energy (FDRE) project under the government’s FDRE guidelines. The project integrates 259 MWp solar, 280 MW wind, and 200 MWh battery storage across Rajasthan and Gujarat to deliver reliable power aligned with demand. It has already operationalised its solar and battery components in recent months. The project, awarded under an SJVN tender, will supply 200 MW to Haryana. This development comes at a time when power demand is rising sharply and highlights the growing role of hybrid renewable projects in ensuring grid stability.Read more

27 Apr 2026

The European Union, along with partner financial institutions, has launched the Global Green Bond Initiative Fund to mobilise up to EUR 20 billion (USD 23.43 billion) in private capital for sustainable infrastructure projects across low- and middle-income countries. The fund will prioritise investment in the least developed nations, with at least 20% of allocations directed there through euro-denominated and local currency bonds. Managed by French asset manager Amundi, the initiative aims to support climate-focused projects such as renewable energy while also strengthening local capital markets and expanding the international use of the euro.Read more

27 Apr 2026

Yesway has raised USD 280 million through its initial public offering in the United States, pricing its shares at USD 20 apiece, at the lower end of the indicated range. The listing values the company at approximately USD 1.21 billion and reflects a gradual revival in the US IPO market, particularly within consumer-facing sectors. Backed by Brookwood Financial Partners, Yesway operates over 400 convenience stores across nine states in the Midwest and Southwest regions. The IPO comes after earlier delays linked to market uncertainty and is being viewed within the broader context of improving investor sentiment, as companies resume public listing plans amid stabilising economic conditions and renewed capital market activity.Read more

Mumbai News Desk

27 Apr 2026

The Dharavi Redevelopment Project is set to provide larger rehabilitation homes to residents of chawls and formal buildings within the notified area. Around 8,700 households are expected to benefit, with flat sizes ranging from 500 sq ft to 754 sq ft. The proposal follows directions from the state government to improve living standards beyond earlier norms. Amendments to planning regulations have been initiated and opened for public feedback. While the move is seen as a step forward, residents continue to raise concerns around relocation, clarity on execution and eligibility criteria.Read more

27 Apr 2026

The International Finance Corporation (IFC), part of the World Bank Group, has set a target to increase its annual investments in India to USD 10 billion by 2030, with a focus on renewable energy, urban infrastructure and financial services. Investment levels in India have already risen to around USD 5.4 billion in financial year 2024/2025, compared to about USD 1.3 billion in financial year 2021/2022. India remains IFC’s largest global market with a portfolio of nearly USD 10.3 billion as of the financial year ended June 2025. The institution is also exploring municipal bond-led urban financing models.Read more

27 Apr 2026

The Delhi government is preparing to roll out chip-enabled smart cards and a digital cess management portal to improve welfare delivery for construction workers. The initiative aims to simplify registration, reduce duplication, and ensure direct access to benefits such as healthcare, pensions, and education support. It will also strengthen cess collection from developers, which funds these schemes. With about 2.62 lakh active workers and a larger pool of applicants, the move is expected to improve transparency, plug leakages, and expand coverage, especially for migrant and unregistered workers.Read more

27 Apr 2026

Larsen & Toubro has secured a contract from Oberoi Realty to construct seven high-rise residential towers in Gurugram, marking another addition to its residential portfolio. The order has been awarded to the company’s buildings and factories business vertical, which is also executing multiple domestic projects. Among them is a proving ground facility in Haryana for an international client, aimed at strengthening vehicle testing infrastructure. While the financial details remain undisclosed, the development highlights continued activity in high-rise housing and specialised infrastructure projects across India’s construction sector.Read more

27 Apr 2026

Sumou Real Estate Company has entered into an infrastructure development agreement in Riyadh with Mashariq Al Arabi, strengthening its role in Saudi Arabia’s expanding real estate sector. The company will oversee development activities and earn management fees linked to project costs. The deal aligns with the Kingdom’s broader urban expansion plans under Vision 2030, where private developers are playing a key role in delivering large-scale infrastructure and residential projects. The agreement highlights Sumou’s continued focus on fee-based income and project management services as part of its growth strategy.Read more

27 Apr 2026

Noida International Airport has appointed its chief financial officer Nitu Samra as interim chief executive officer with immediate effect after a regulatory requirement mandated that airport CEOs must be Indian nationals. The change comes as the airport continues preparations for commercial operations following its inauguration by Prime Minister Narendra Modi in March this year. Christoph Schnellmann, who had been serving as CEO since August 2020, will now move to the role of executive vice chairman on the board. The interim arrangement will remain in place until a permanent CEO is selected by the board.Read more

27 Apr 2026

The redevelopment cost of Mangaluru Central railway station has been revised sharply to INR 95 crore from an earlier estimate of INR 340 crore, with the project now set to be executed under the EPC model. The revised plan focuses on core infrastructure upgrades, including platform expansion and improved passenger facilities, while deferring more capital-intensive components. Authorities are also examining additional railway capacity enhancements in the region, including new lines and a potential new station. The revision reflects a recalibration of project scope and funding priorities within Indian Railways’ broader station redevelopment programme, aimed at balancing modernisation goals with cost efficiency.Read more

27 Apr 2026

Singapore-based Keppel Ltd reported a slight decline in its first-quarter net profit, mainly due to weaker performance in its real estate division. While its infrastructure and connectivity businesses showed improvement, these gains were offset by lower valuation and divestment contributions from property assets compared to last year. The company recorded a 13 per cent rise in asset management fees to SGD 108 million (USD 84.67 million). Keppel also indicated limited direct exposure to Middle East tensions but flagged potential risks to energy security and fundraising if disruptions continue. It has monetised SGD 385 million worth of assets so far this year.Read more

27 Apr 2026

The Reserve Bank of India has imposed a monetary penalty of INR 80,000 on Muthoot Housing Finance Company Limited for non-compliance with Fair Practice Code directions. The action followed a statutory inspection conducted by the National Housing Bank with reference to the company’s financial position as on March 31, 2025. After reviewing supervisory findings, issuing a show-cause notice, and considering the company’s response and hearing submissions, RBI confirmed that the lender failed to disclose its risk grading approach and justification for different interest rates in loan documentation, leading to regulatory action.Read more

27 Apr 2026

A Mumbai sessions court has granted anticipatory bail to builder Sumit Jain in a redevelopment-related fraud case linked to a project in Lalbaug. The case stems from allegations of cheating involving flat bookings made over a decade ago, where the complainant claimed non-delivery of promised units. The court noted the presence of a civil dispute element in the matter and held that custodial interrogation was not required at this stage. The order provides interim protection from arrest while the investigation continues. The case highlights ongoing legal scrutiny in redevelopment projects, where disputes over delivery timelines, agreements and financial commitments often lead to criminal complaints alongside civil proceedings.Read more

27 Apr 2026

The Himachal Pradesh government has launched development projects worth over INR 153 crore in Fatehpur, Kangra district, focusing on connectivity, public infrastructure and utilities. The package includes an INR 103.65 crore bridge over the Beas river, multiple road upgrades and administrative buildings. Additional works cover power infrastructure and public facilities aimed at improving service delivery across the region. The projects are part of a broader push to strengthen rural connectivity and support local economic activity. Alongside the launched works, the government has also announced further investments in tourism infrastructure and power systems, indicating continued public capital expenditure in the region.Read more

27 Apr 2026

Union Bank of India reported a steady rise in profitability for the March quarter, supported by improved asset quality, even as core income and overall earnings saw a slight decline. The bank’s net profit grew by over 6 per cent year-on-year, while both gross and net NPAs continued to fall. However, lower net interest income and total income indicate margin pressure. The lender has also proposed a dividend for FY 2025–26, subject to shareholder approval. The stock reacted negatively, declining over 6 per cent in intra-day trade.Read more

27 Apr 2026

The Maharashtra government has approved 18 large-scale projects with a total investment of INR 2.56 lakh crore, expected to generate over one lakh jobs. The projects span sectors such as green energy, electric vehicles, electronics, and defence manufacturing. Cleared by a cabinet sub-committee led by Chief Minister Devendra Fadnavis, the initiative focuses on expanding industrial activity across regions including Vidarbha, Marathwada, and Konkan. The move is part of the state’s continued efforts to attract investments, improve manufacturing capacity, and support balanced regional development.Read more

27 Apr 2026

IHG Hotels & Resorts has signed a management agreement with Thanishq Grande Hotels & Resorts to develop a 200-key Holiday Inn property in Sriperumbudur, Tamil Nadu. The hotel is scheduled to open in the first quarter of 2029 and will cater to growing demand in a key industrial and commercial hub. The signing marks the third collaboration between the two companies, reflecting continued expansion of IHG’s midscale brand portfolio in India. The company currently operates 51 hotels across six brands in the country and has a pipeline of 89 additional properties planned over the next three to five years, indicating sustained growth in India’s hospitality and commercial real estate sectors.Read more

27 Apr 2026

Construction has commenced on a temporary cricket stadium in Pomona, Southern California, for the Los Angeles 2028 Olympics, marking the sport’s return to the Games after over a century. The venue will host men’s and women’s T20 competitions with six teams each. The International Cricket Council (ICC) has positioned this as a key step in expanding cricket’s global reach. The ground is also scheduled to host a few Major League Cricket matches in the coming months, indicating early operational use ahead of the Olympics.Read more

27 Apr 2026

Construction has commenced on the elevated extension of Pune Metro’s Vanaz–Chandni Chowk corridor, marking progress on a key link aimed at improving connectivity to the city’s western entry points. The 1.5 km stretch will include two stations—Kothrud Depot and Chandni Chowk—and is part of the broader Phase II expansion. Initial works such as soil testing, surveys and viaduct extension have begun, with execution planned in phases to minimise traffic disruption. The project is expected to enhance access for residential areas such as Kothrud and Bavdhan, while integrating with existing road infrastructure. The development reflects ongoing efforts to expand metro reach in high-density and rapidly growing urban corridors.Read more

27 Apr 2026

Godrej Industries Group plans to list two additional businesses over the next five years as part of a strategy to more than double its market capitalisation to over INR 5 lakh crore. The move follows the group’s recent restructuring after the family business split. The group will invest between INR 5,000 crore and INR 7,000 crore in its unlisted businesses while focusing on strengthening existing verticals rather than diversifying. Currently, its three listed entities account for over INR 1.60 lakh crore in market value, with unlisted businesses contributing an additional INR 25,000 crore. The group is also targeting significant expansion in its financial services arm, alongside maintaining steady growth across consumer, real estate and agri businesses through organic strategies and selective acquisitions.Read more

27 Apr 2026

CIDCO has proposed an Integrated Logistics Park (ILP) spanning around 374 hectares in Navi Mumbai to strengthen the region’s position as a national logistics hub. The project will be developed near Chirle Village in Pushpak Node and will include core infrastructure, utilities and social amenities. The initiative is backed by Navi Mumbai’s proximity to JNPA port, the upcoming Navi Mumbai International Airport, and connectivity through major infrastructure such as the Mumbai Trans Harbour Link and Dedicated Freight Corridor. CIDCO has initiated the pilot phase by inviting bids for 12 plots. The development aligns with rising demand from e-commerce, manufacturing and trade, and aims to create a structured logistics ecosystem to improve cargo movement and attract investments.Read more

27 Apr 2026

Emirates NBD reported a 3% year-on-year rise in its quarterly profit, marking its first financial update since the recent Middle East conflict. Profit reached 6.4 billion dirhams (USD 1.74 billion), supported by steady deposit growth and a stronger balance sheet. The bank recorded increases in loans, deposits, and total assets, which crossed 1.22 trillion dirhams. However, the lender also took a precautionary impairment charge of 865 million dirhams, reflecting cautious provisioning. Analysts noted potential pressure on growth due to regional uncertainties, although the bank’s financial position remains stable.Read more

27 Apr 2026

Kotak Mahindra Prime raised INR 7 billion through a bond issuance with a tenure of three years and two months during the past week, as part of ongoing activity in India’s corporate debt market. The non-banking financial company secured bids at an annual coupon of 7.74% and invited commitment bids on the same day. The issuance, rated AAA by CRISIL and CARE Ratings, reflects strong investor appetite for high-grade debt instruments. The transaction comes alongside other issuances in the market, including a planned bond sale by Triumph Composites, indicating sustained momentum in corporate fundraising through debt instruments.Read more

27 Apr 2026

A consumer forum in Ghaziabad has directed a group of builders to refund INR 7 lakh to a homebuyer after delays in handing over a residential unit. The order follows a complaint citing prolonged non-delivery beyond the agreed possession timeline. The forum held the developers accountable for deficiency in service, reinforcing legal protections available to homebuyers in delayed projects. The ruling adds to a series of recent decisions by consumer courts and regulatory authorities emphasising timely delivery obligations in the real estate sector. It highlights the continued use of legal recourse by buyers amid project delays and strengthens enforcement of contractual commitments by developers.Read more

27 Apr 2026

Shadowfax Technologies has launched ‘Shadowfax 360’, a self-serve digital logistics platform aimed at small and medium enterprises (SMEs) and direct-to-consumer (D2C) brands. The platform enables businesses to begin shipping operations within minutes without technical integration or minimum order commitments. It provides access to Shadowfax’s network spanning over 15,000 pincodes across more than 2,500 cities, along with features such as flat-rate pricing, AI-led return risk assessment and e-commerce integrations. The move is part of the company’s strategy to diversify beyond large enterprise clients and expand its merchant base among early-stage and online-first businesses, while improving logistics accessibility and efficiency across the digital commerce ecosystem.Read more

27 Apr 2026

Germany’s private sector recorded its first contraction in nearly a year during the past week, as heightened geopolitical tensions linked to the Iran conflict disrupted economic momentum. Data from S&P Global indicated that the composite Purchasing Managers’ Index (PMI) fell below the growth threshold, reflecting weakening demand across services and manufacturing. The downturn was led by a sharp decline in services activity, while manufacturing growth moderated. Businesses reported rising input costs, cautious customer sentiment, and declining new orders. Inflationary pressures intensified, and business confidence weakened, with employment continuing to decline. The data points to broader economic strain in Europe’s largest economy amid persistent uncertainty and rising energy prices.Read more

27 Apr 2026

Residents of Mumbai’s gaothan settlements have sought a dedicated INR 300 crore development fund and classification of their homes under MHADA to address long-standing infrastructure gaps and repair needs. The Mumbai Gaothan Panchayat has raised concerns over decades of limited civic funding, highlighting that only 52 of the city’s 189 recognised gaothans are included in the Development Plan 2034. The demand includes access to institutional funding for structural repairs, improved civic infrastructure, and a fast-tracked approval mechanism. Residents argue that current heritage-linked restrictions and lack of financial support have made maintenance of ageing homes increasingly difficult, raising concerns around safety, liveability, and potential displacement.Read more

27 Apr 2026

360 ONE Asset has acquired a 13% equity stake in a 7.7 million sq ft commercial development in Bengaluru for INR 1,125 crore through its real assets funds. The investment was made via a primary securities issuance by Arliga Ecoworld Business Parks, with an additional commitment of INR 25 crore. Following the transaction, Brookfield India REIT will hold the remaining 87% stake in the asset. The project, Ecoworld, is a large integrated office campus comprising 15 buildings with a mix of commercial and SEZ spaces. The deal reflects continued investor interest in income-generating office assets in key markets, supported by institutional capital participation and stable leasing demand in Bengaluru.Read more

27 Apr 2026

KP Energy has secured an inter-state electricity trading licence from the Central Electricity Regulatory Commission, allowing it to trade power across state boundaries. The approval enables the company to participate in national power markets and respond more effectively to demand-supply variations across regions. Classified under Category V, the licence marks a step forward in expanding the company’s role beyond power generation into trading. This development aligns with India’s evolving electricity market structure, where greater flexibility and cross-border power movement are being encouraged to improve efficiency and grid stability.Read more

27 Apr 2026

Real estate developers acquired nearly 900 acres of land for around INR 18,000 crore during the January–March quarter, reflecting sustained demand for residential and commercial projects, according to JLL India. The momentum follows a record 2025, when over 3,093 acres were transacted across 149 deals worth INR 54,818 crore, marking a 32% annual increase. Activity remained concentrated in metro and tier-II cities, with Mumbai recording the highest-value deal in the recent quarter. Industry executives indicated that while land buying remains strong, project execution will require substantial external funding, estimated at INR 52,000 crore. This has opened opportunities for alternative investment funds and private credit players to address financing gaps amid tighter bank lending conditions.Read more

27 Apr 2026

National Healthcare Properties has raised USD 462 million through its initial public offering in the United States, reflecting continued investor interest in healthcare and senior housing assets. The REIT priced its shares below the indicated range amid volatile market conditions but proceeded with the listing, signalling resilience in defensive real estate segments. With a portfolio spanning 167 properties across 29 states, the company is positioned to benefit from rising demand linked to an ageing population and growing healthcare infrastructure needs.Read more