02 Jun 2026

• The National Company Law Appellate Tribunal (NCLAT) has granted Mumbai-based Supreme Housing and Hospitality a final opportunity to settle outstanding dues of INR 567 crore owed to Canara Bank.
• The tribunal directed the company’s promoters to deposit INR 460 crore in a no-lien account with the bank by June 13, 2026.
• Failure to make the payment within the stipulated timeline will allow insolvency proceedings against the company to continue.
• The dispute follows multiple failed one-time settlement (OTS) attempts and prolonged litigation between the developer and the lender.
• Canara Bank has also initiated efforts to sell its loan exposure linked to the company through a debt sale process after previous recovery attempts remained unsuccessful.Read more

02 Jun 2026

• Luxury hotel operators including ITC Hotels, Radisson Hotel Group and The Leela have reported strong growth in domestic leisure travel during the summer season.
• Geopolitical tensions and travel disruptions in parts of West Asia, coupled with rising international travel costs, have prompted many affluent Indian travellers to consider premium domestic alternatives.
• Hill stations, spiritual destinations, wellness retreats and heritage locations have emerged as major demand drivers, with occupancy levels and bookings exceeding last year's performance.
• Tier-2 and Tier-3 cities such as Prayagraj, Katra, Amritsar and Bhubaneswar are witnessing increased visitor interest as travellers seek authentic cultural and spiritual experiences.
• Hospitality executives indicate that experience-led tourism focused on wellness, culture, gastronomy and local immersion is shaping travel preferences across India's luxury segment.Read more

01 Jun 2026

Hospitality real estate company PPHE Hotel Group has said it views the USD 1.24 billion takeover proposal from Israel-based Fattal Hotel Group as a fair valuation of the business. The offer of GBP 22 per share reflects a 36.5% premium to PPHE’s latest closing price. The development comes months after PPHE began a strategic review following indications from major shareholders Eli Papouchado and Boris Ivesha that they were open to a partial stake sale. PPHE said it will now engage with major shareholders to assess the proposal, while Fattal has retained flexibility to modify the structure or value of the offer under certain conditions.Read more

01 Jun 2026

• US mortgage rates climbed to a nine-month high, with the average 30-year fixed mortgage rate rising to 6.65% in the week ended May 22.
• Rising oil prices linked to the Iran conflict increased inflation concerns and pushed US Treasury yields higher, impacting borrowing costs.
• Mortgage applications declined 8.5% week-on-week, mainly due to weaker refinancing activity as higher rates reduced borrower interest.
• US inflation rose to 3.8% in April from 2.9% in August last year, leading markets to consider the possibility of another Federal Reserve rate hike later this year.
• The rise in mortgage rates comes shortly after Kevin Warsh took over as the new Federal Reserve chair, replacing Jerome Powell.Read more

01 Jun 2026

• Lords Hotels & Resorts has launched Lords Inn Katra near the Vaishno Devi shrine in Jammu & Kashmir to strengthen its presence in spiritual tourism destinations.
• The hotel features 45 rooms along with dining and hospitality facilities aimed at pilgrims and leisure travellers.
• The company stated that the expansion aligns with rising demand for organised hospitality infrastructure in pilgrimage-driven markets.
• Industry stakeholders highlighted sustained growth in spiritual tourism and increasing travel connectivity to Katra.
• The development forms part of the group’s broader expansion strategy across religious and leisure destinations in India.Read more

01 Jun 2026

• Punjab RERA has directed a developer to pay more than INR 25 lakh to homebuyers over delays in handing over possession of a residential unit.
• The authority ruled that the buyers were entitled to compensation and refund-related relief due to failure to meet committed delivery timelines.
• The case highlights increasing regulatory scrutiny over delayed housing projects and developer obligations under RERA provisions.
• Authorities reiterated that developers must adhere to possession schedules and honour contractual commitments made to homebuyers.
• Delayed possession disputes continue to remain a major category of complaints before real estate regulatory authorities across India.Read more

31 May 2026

• The Supreme Court has upheld the authority of the Navi Mumbai Municipal Corporation (NMMC) to levy and collect property tax in the TTC MIDC industrial area.
• The ruling resolves a legal dispute pending since 2010 involving a small-scale industries association challenging the civic body’s jurisdiction over the industrial zone.
• The court clarified that ‘tax’ and ‘fee’ are legally distinct, stating that MIDC can levy service-related charges but not municipal taxes.
• The judgement was delivered after examining provisions under the Maharashtra Municipal Corporations Act, MID Act, 1961, and MRTP Act, 1966.
• NMMC Commissioner Dr Kailas Shinde has appealed to industrial units to clear pending property tax dues and contribute towards urban infrastructure development.Read more

31 May 2026

• Thomas Cook (India) Limited has entered into a long-term partnership with Atlys to integrate foreign exchange services into the visa application journey.
• The partnership aims to combine visa processing and forex services within a unified digital travel planning process for leisure and student travellers.
• Customers using the Atlys platform will be able to access forex cards, foreign currency services and overseas remittance solutions through Thomas Cook India.
• The integrated service includes digital onboarding, video KYC and doorstep delivery facilities across India.
• The collaboration targets digitally driven outbound travellers seeking faster and more streamlined international travel preparation services.Read more

31 May 2026

• US-based property management software company Entrata has filed for an initial public offering on the New York Stock Exchange under the ticker symbol “ENT”.
• The company reported a 23% year-on-year increase in revenue to USD 143.5 million during the quarter ended March 31, 2026.
• Entrata posted net income of USD 23.3 million for the quarter, compared with USD 13.9 million a year earlier.
• The IPO filing comes amid early signs of renewed investor interest in technology and software listings after a subdued market phase.
• Analysts stated that software companies continue facing scrutiny regarding the long-term impact of artificial intelligence on business models.Read more

Mr. Rohit Garodia, Founder and Managing Partner, Pecan Realty.

31 May 2026

Infrastructure development is playing a major role in reshaping Andheri’s commercial real estate market, with improved metro and road connectivity making the suburb more accessible for businesses and employees. The expansion of metro corridors, including Metro Line 6, the Aqua Line, and Metro Lines 2A and 2B, is improving east-west and north-south connectivity across Mumbai. At the same time, projects such as the Mumbai Coastal Road and the Bandra–Versova Sea Link are reducing travel time and easing congestion. These developments are helping Andheri attract sustained office leasing demand, particularly from mid-sized firms and technology-driven businesses seeking efficient and well-connected office locations.Read more

31 May 2026

• Property Share has crossed INR 1,070 crore in assets under management across its three listed Small and Medium Real Estate Investment Trust (SM REIT) schemes.
• The company stated that its listed schemes have collectively distributed more than INR 68 crore to unitholders within 18 months.
• Property Share remains the only investment manager in India with listed SM REIT schemes following SEBI’s introduction of the framework in 2024.
• The portfolio includes nearly one million sq ft of Grade A commercial office assets across Bengaluru, Mumbai and Ahmedabad.
• Industry stakeholders said the SM REIT framework is improving retail investor access to institutional-grade commercial real estate assets through regulated investment structures.Read more

31 May 2026

• CBRE has released a report highlighting the rapid growth of lifestyle hotels across the Asia Pacific hospitality market.
• The report stated that Gen Z travellers are increasingly influencing hotel demand through preferences for experiential travel, local culture and technology-enabled stays.
• Lifestyle hotel supply in Asia Pacific recorded a 19 per cent CAGR between 2015 and 2025, significantly higher than the broader hotel market growth rate.
• The penetration rate of branded lifestyle hotels in the region is expected to increase from 1 per cent currently to 8 per cent based on the existing development pipeline.
• Singapore and Hong Kong SAR currently lead the region in lifestyle hotel penetration, while hotel conversions are emerging as a preferred growth strategy amid rising construction costs.Read more

31 May 2026

• Marathon NextGen Realty reported its highest-ever annual profit after tax of INR 206 crore for FY26, supported by strong commercial leasing, collections and project launches.
• The company recorded total income of INR 639 crore and EBITDA of INR 261 crore during the financial year while maintaining a PAT margin of 32%.
• Collections during FY26 stood at INR 781 crore, driven by construction progress across projects including Monte South, Nexzone and Bhandup developments.
• Marathon raised nearly INR 900 crore through a Qualified Institutional Placement and utilised INR 340 crore towards debt repayment, resulting in a positive net cash position.
• The developer also expanded its pipeline through acquisitions in Kanjurmarg and MMR, adding projects with a combined estimated GDV exceeding INR 840 crore.Read more

30 May 2026

• Vale do Lobo will host the 42nd edition of the Open Foursomes golf tournament from May 24–30, bringing together international golfers at the Algarve resort.
• The event will be held across the resort’s two 18-hole golf courses and is positioned around community participation, leisure and social engagement.
• Vale do Lobo’s Junior Golf Academy will run alongside the tournament from May 25–29, focusing on youth golf training and intergenerational participation in the sport.
• The resort’s residential offering, The Residences Vale do Lobo, continues to attract global buyers seeking golf-linked second homes and investment properties near the Royal Golf Course.
• The development is operated by Kronos Homes, which owns and manages the Vale do Lobo resort in Portugal.Read more

30 May 2026

SolarEdge Technologies has launched its new Research and Development campus, the India Development Center, in East Bangalore as part of its global expansion strategy. The facility will focus on developing advanced power electronics and smart energy technologies while strengthening the company’s engineering capabilities. It will also support hiring across multiple technical domains, including embedded systems and hardware design. Company leaders highlighted India’s strong position in the solar and engineering sectors and noted that the new centre will enhance collaboration, innovation, and product development across its global R&D network.Read more

30 May 2026

Inflection Point Ventures (IPV) has entered into a strategic partnership with Bajaj Capital to offer startup investment opportunities to high-net-worth individuals (HNIs) through structured alternative investment products. Under the association, Bajaj Capital’s network of over 25,000 financial advisors across more than 300 offices will distribute IPV’s Category I Alternative Investment Fund (AIF). The partnership is aimed at widening access to early-stage startup investments in India through a regulated and professionally managed route. IPV has invested over INR 900 crore in more than 280 startups so far and recently reported 16 exits in FY2026 with a blended IRR of 41%.Read more

30 May 2026

• IndiFrame has entered the Andhra Pradesh market with the launch of its first channel partner store in Kurnool in association with Varaahi Enterprises.
• The launch marks the company’s first dealer-led expansion under its new brand identity and forms part of a broader regional growth strategy across southern and western India.
• IndiFrame plans to open 10–15 channel partner stores across Andhra Pradesh, Telangana and Maharashtra over the next 12 months.
• The company is targeting Tier-II and Tier-III markets within India’s largely unorganised fenestration industry, which is estimated to be valued at INR 1.27 lakh crore.
• Kurnool has been identified as a strategic growth market due to ongoing infrastructure investment, residential construction activity and improving regional connectivity.Read more

30 May 2026

Dubai’s ultra-luxury residential market has recorded a new benchmark after a five-bedroom villa in Al Barari was leased for AED 14 million over two years. The transaction, closed by fäm Properties, is now the highest rental deal recorded in the premium community, surpassing the earlier annual record by 46%. The villa, located in The Collection at Al Barari, was originally bought for AED 54 million and is delivering a yearly rental yield of 12.8%. The tenant, a Brazilian ultra-high-net-worth individual, sought a wellness-focused and private living environment, leading to an off-market leasing arrangement after limited suitable rental inventory was available in the community.Read more

30 May 2026

India’s commercial real estate sector is seeing a shift towards future-ready office hubs as businesses increasingly prioritise sustainability, employee wellbeing, smart infrastructure and operational efficiency. Developers are moving beyond traditional office spaces by creating integrated ecosystems with flexible layouts, AI-enabled systems, wellness-focused amenities and green-certified infrastructure. Industry experts believe demand is being supported by infrastructure growth, evolving workplace expectations and ESG-led corporate strategies. Reports by Savills India also indicate that modular and reusable office fit-outs can significantly reduce embodied carbon emissions, strengthening the focus on sustainable commercial development across major business districts.Read more

29 May 2026

• Development Bank of Japan has invested in HDFC Capital Advisors’ H-DREAM Fund focused on affordable and mid-income housing projects in India.
• The investment marks DBJ’s first partnership with HDFC Capital and supports residential developments across multiple Indian cities.
• HDFC Capital said the fund will provide long-term capital for housing projects amid rising urban housing demand and financing needs.
• The partnership is expected to strengthen institutional participation in India’s affordable housing and real estate investment segment.Read more