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%

Breaking News

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Hyderabad's office market faces a growing vacancy issue, with 28 million sq ft of space unoccupied in Q1 2025 - the highest among India's top cities. Despite robust demand, a consistent oversupply since 2020 has led to this surplus, and with more developments underway, vacancies are expected to rise further.

2025-05-03 17:40:00
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India's flexible workspace sector has achieved a significant milestone, raising INR 13,500 crore (USD 1.62 billion) through IPOs in 2024. This surge underscores the sector's evolution into a mature asset class within commercial real estate, driven by the rise of hybrid work models and increasing demand for adaptable, tech-enabled office solutions.

2025-05-03 17:20:00
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UK net mortgage lending surged by GBP 12.96 billion in March 2025 'its highest jump since June 2021' as buyers rushed to complete purchases ahead of an April tax break expiry. While approvals slightly dipped, analysts expect housing activity to rebound if interest rates fall later this year.

2025-05-03 17:00:00
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Builders FirstSource has revised its 2025 revenue forecast downward to USD 16.05 - USD 17.05 billion, citing weak housing demand, elevated mortgage rates, and tariff-driven uncertainties. The company reported a 6% drop in Q1 sales to USD 3.66 billion and a 43% decline in adjusted EPS to USD 1.51, though this exceeded analyst expectations.

2025-05-03 16:40:00
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U.S. construction spending declined by 0.5% in March 2025, totaling USD 2.196 trillion, contrary to expectations of a 0.2% increase. Private construction spending fell 0.6%, with residential construction down 0.4%. High mortgage rates and tariffs on imported materials have increased homebuilding costs by approximately USD 10,900 per unit, according to the National Association of Homebuilders. Public construction spending also decreased by 0.2%, as state, local, and federal project outlays declined. Despite the monthly drop, overall construction spending was 2.8% higher compared to March 2024.

2025-05-03 16:20:00
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Delhi Environment Minister Manjinder Singh Sirsa announced the commencement of a 20-day citywide cleanliness drive, emphasizing that construction debris, garbage dumping, and encroachments will not be tolerated. The initiative, starting May 2, 2025, involves daily inspections by senior officials and strict accountability measures to transform Delhi into a cleaner, greener city.

2025-05-03 16:00:00
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Prime Minister Narendra Modi relaunched Amaravati's stalled capital construction on May 2, unveiling development works worth INR 58,000 crore. The revival includes the Assembly, High Court, Secretariat, housing for 5,200 families, and aligns with the Viksit Bharat 2047 vision, with funding from the Centre, World Bank, and HUDCO.

2025-05-03 15:40:00
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The Kerala government has approved land ownership titles for 59 families in Kadakampally village, Thiruvananthapuram, following the reclassification of their land from 'forest puramboke' - a non-forest government land category - to 'wasteland.' This decision, announced by Revenue Minister K. Rajan, rectifies a longstanding misclassification that had previously denied these families legal ownership rights. The move follows a detailed investigation by the district collector, which confirmed the land's eligibility for reclassification under land assignment rules

2025-05-03 15:20:00
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U.S. private equity firm Carlyle Group has fully exited its investment in India's PNB Housing Finance by selling its remaining 10.44% stake, valued at approximately INR 2,712 crore, through block deals on the NSE and BSE. The shares were sold at an average price of INR 1,000.20 each, slightly below the previous closing price. The divestment led to an 8% surge in PNB Housing Finance's stock price. Notable buyers included global institutions such as Goldman Sachs, Morgan Stanley, and HDFC Bank.

2025-05-03 15:00:00
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After nearly two decades of delays due to land acquisition issues and financial disputes, the Uttar Pradesh government has approved a revised plan for the Sun City township in Ghaziabad. Originally proposed in 2005 to span 4,312 acres, the project faced setbacks, including farmer protests and unpaid dues amounting to INR 172 crore. The new plan reduces the township area to 2,420 acres, combining the 828 acres already acquired by the developer with additional land from 22 gram sabhas. This decision aims to provide relief to approximately 2,000 homebuyers awaiting possession since 2009.

2025-05-03 14:40:00
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The Chandigarh administration has issued eviction notices to residents of Janta Colony in Sector 25, ordering them to vacate within a week. Approximately 2,000 unauthorized hutments are slated for demolition as part of the city's slum-free initiative. The 10-acre government land, valued at INR 350 crore, is earmarked for public infrastructure projects.

2025-05-03 14:20:00
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Singer Rahul Vaidya and his parents, Krushna and Geeta Vaidya, have sold two apartments in Mumbai's Oshiwara area for a combined INR 5 crore. The properties, located in Samartha Aangan, were originally purchased in 2008 for INR 1.01 crore and INR 68.3 lakh, respectively. The sales were registered in April 2025.

2025-05-03 14:00:00
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The Bombay High Court has criticized Maharashtra RERA for its continued reliance on virtual hearings and reluctance to resume hybrid proceedings. The court emphasized that in-person interactions are crucial for understanding grievances, especially for homebuyers seeking justice. This remark came during a case involving a delayed possession complaint, where the petitioner faced prolonged delays in execution proceedings. Advocates highlighted issues like lack of transparency, absence of cause lists, and difficulties in obtaining urgent hearings under the current virtual-only system.

2025-05-03 13:40:00
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Pune citizens can now register property documents at any sub-registrar office within the district under Maharashtra's 'One State, One Registration' initiative launched on May 1. The move eliminates jurisdictional restrictions and aims to simplify registrations. Officials also plan to expand this reform to inter-district transactions soon.

2025-05-03 13:20:00
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In a decisive ruling, the Supreme Court emphasized the necessity for courts to adopt a stringent approach towards unauthorized constructions, cautioning against judicial regularisation of such structures. The bench, comprising Justices J.B. Pardiwala and R. Mahadevan, underscored that leniency could foster a culture of impunity, undermining the rule of law. This judgment came while upholding a Calcutta High Court order directing the demolition of illegally constructed floors in a Kolkata building, dismissing the petitioner's plea for regularisation.

2025-05-03 13:00:00
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The Telangana High Court has issued notices to the state government and other authorities regarding unauthorized concrete constructions within the eco-sensitive GO 111 zone, which prohibits such activities within a 10-kilometre radius of Osman Sagar and Himayat Sagar reservoirs. The court's action follows a Public Interest Litigation highlighting environmental concerns due to these developments.

2025-05-03 12:40:00
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The Madhya Pradesh High Court has ordered a status quo on the cancellation of a land lease at Jabalpur's Bargi Hills IT Park, following a petition by M/s TDS Corporation. The company contends that a boundary dispute with a neighboring plot owner delayed project development, leading to the lease's cancellation by the MP Electronic Development Corporation. The court has issued notices to the respondents, seeking their response.

2025-05-03 12:20:00
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On April 30, 2025, Tamil Nadu's Registration Department recorded an unprecedented single-day revenue of INR 272.87 crore by registering 27,440 property documents, surpassing the previous record of INR 237.98 crore set on February 10, 2025. This surge coincided with Akshaya Tritiya, traditionally considered an auspicious day for investments. To accommodate the increased demand, the department expanded booking slots across registration offices, ensuring a smooth registration process.

2025-05-03 12:00:00
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The Chandigarh Municipal Corporation collected INR 7.75 crore in property tax during April 2025, with INR 5.62 crore from residential and INR 2.13 crore from commercial properties. A total of 14,607 taxpayers benefited from rebates - 20% for residential and 10% for commercial - available until May 31.

2025-05-03 11:40:00
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Prayagraj civic body to impose house tax on 1.25 lakh buildings in Naini, Jhunsi, Phaphamau, and other newly urbanized areas from this financial year; self-assessment encouraged, 10% discount for early payers, and 12% penalty for defaulters to boost tax compliance and revenue.

2025-05-03 11:20:00
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Goa police have registered a case against unidentified individuals for illegal sand mining at Xelvona, Quepem taluka. Over 130 cubic metres of sand were extracted from the Zuari river using metal canoes equipped with suction pumps. The operation, disguised as a fisheries firm, was uncovered by local authorities.

2025-05-03 11:00:00
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Global Capability Centers are fuelling India's office market, accounting for 36% of leasing since 2022 and projected to reach 42% by 2026. Cities like Bengaluru and Hyderabad lead the trend, with tech and BFSI sectors dominating. A growing preference for green buildings has also influenced leasing decisions in this segment.

2025-05-02 17:18:00
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India's flex space segment saw INR 13,500 crore raised via IPOs in 2024, signalling investor confidence and sectoral maturity. With 27% of office leasing in 2023 attributed to flexible workspaces, operators are now focusing on sustainability, AI-led space management, and affordability to meet evolving corporate and hybrid work demands.

2025-05-02 17:08:00
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Jenika Ventures has appointed business coach Suresh Mansharamani as a board advisor to steer its IPO journey and scale its luxury residential business. The firm targets a INR 2 lakh crore valuation by 2029 and plans to go public within 18 months, focusing on growth in Indian and Dubai real estate markets.

2025-05-02 16:58:00
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Inspira Realty is set to develop a 232-acre integrated industrial park in Sambhaji Nagar, Maharashtra. Targeted at light and medium industries, the park will feature warehousing, logistics, and built-to-suit facilities, aiming to tap into the region's growing manufacturing and infrastructure ecosystem.

2025-05-02 16:48:00
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Private equity firm Equity International has fully exited Samhi Hotels Limited, selling its remaining stake. This strategic move follows Samhi's IPO in 2023 and reflects the firm's exit strategy from Indian hospitality assets. Samhi, which owns hotels under brands like Marriott and Hyatt, continues to expand its domestic portfolio.

2025-05-02 16:38:00
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UK house prices declined by 0.6% in April 2025 after modest growth in March, with the average home costing GBP 261,962. Nationwide's report suggests affordability pressures and cautious sentiment ahead of the general elections may be slowing market activity, despite improved mortgage affordability over the past year.

2025-05-02 16:28:00
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Hyderabad's office market faces increasing vacancy levels despite robust demand. Around 5 million sq ft was leased in FY24, but nearly 10 million sq ft remains vacant. Experts attribute this imbalance to high supply outpacing demand, though tech companies and GCCs continue to show long-term interest in the city.

2025-05-02 16:18:00
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Zomato shares fell 5.4% after reporting a 78% drop in Q4 profit. Brokerages like Morgan Stanley and Jefferies revised their target prices, citing slower growth in Blinkit and rising operating expenses. The sharp earnings decline surprised analysts, despite healthy topline growth. The company aims to boost profitability with tighter cost controls in FY26.

2025-05-02 16:08:00
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According to CRISIL, Indian banks may see a 10-20 basis point dip in Return on Assets (RoAs) in FY26, even as repo rates ease. Rising deposit costs, intense competition for credit, and narrowing interest margins are likely to impact profitability. However, strong credit growth and healthy balance sheets may partly cushion the decline.

2025-05-02 15:58:00
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Zoho Corporation has suspended its USD 700 million semiconductor manufacturing project due to unresolved policy and regulatory challenges. The move reflects broader difficulties faced by private players in India's chipmaking ecosystem. Sources indicated issues related to approvals and viability affected the plan. Zoho is now reviewing its long-term investment strategy in the sector.

2025-05-02 15:48:00
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Japan's Sojitz Corporation will invest USD 400 million to build 30 biomethane plants across India. The clean energy initiative is part of India's growing biofuel sector and aligns with green goals. The project will focus on converting organic waste into energy, contributing to the country's net-zero emissions target and waste management efforts.

2025-05-02 15:38:00
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