15 Jul 2026

Puravankara Ltd reported a strong operational performance for the first quarter, with pre-sales increasing 28% year-on-year and customer collections rising 40% compared to the same period last year. Alongside its sales performance, the company entered into an agreement with ICICI Prudential Asset Management Company for the sale of a commercial property. The transaction values the asset at an enterprise value of INR 6.26 billion. The company has continued to focus on improving cash flows through higher collections while monetising select commercial assets to strengthen its business.Read more

15 Jul 2026

• AustralianSuper has committed an additional AUD 500 million to the National Investment and Infrastructure Fund (NIIF), increasing its total investment exposure in India to AUD 3.3 billion.
• The announcement was made during Prime Minister Shri Narendra Modi's visit to Australia and underscores the pension fund's long-term confidence in India's infrastructure and growth prospects.
• The fresh capital will be channelled through NIIF-managed infrastructure investment platforms spanning transport, energy, logistics and urban infrastructure.
• The expanded partnership reflects growing institutional interest in India's infrastructure sector and aligns with NIIF's strategy of attracting global long-term capital.Read more

15 Jul 2026

Transparency across the real estate sector is essential to attract long-term investment and support sustainable growth, Uttar Pradesh RERA Chairman Sanjay R. Bhoosreddy said while addressing a real estate conference recently. He highlighted the need to balance the interests of homebuyers and developers, increase the supply of affordable housing, and ensure timely project execution. The conference also saw RERA officials from Delhi, Haryana and Punjab discuss stronger enforcement powers, the use of artificial intelligence for project monitoring, and the importance of protecting homebuyers' interests.Read more

14 Jul 2026

Singapore's sovereign wealth fund GIC has announced changes to its senior investment leadership team by appointing two new deputy group chief investment officers and naming a new chief investment officer for its Fixed Income & Multi Asset (FIMA) business. The changes expand responsibilities for senior executives across private markets and portfolio management while maintaining the existing reporting structure. Established in 1981, GIC manages Singapore's foreign reserves and has investments across more than 40 countries, covering equities, fixed income, real estate, infrastructure and other asset classes.Read more

Delhi News Desk

14 Jul 2026

Flexible workspace provider Executive Centre India has leased around 1.14 lakh sq ft of premium office space at Worldmark 3 in Delhi's Aerocity from Bharti Real Estate for nine years. The lease, valued at approximately INR 309 crore over its tenure, marks one of the largest flex-space transactions in the National Capital Region this year. The deal reflects sustained demand for premium managed office spaces from enterprises and multinational companies while reinforcing Aerocity's position as a preferred commercial hub.Read more

14 Jul 2026

Amazon India has partnered with the Telangana government to establish five new Ashray rest centres at high-footfall locations across Hyderabad, taking its total network in the city to 14 centres. Under the agreement, the state government will assist with site identification, approvals and administrative coordination through the Cyberabad Municipal Corporation. The initiative is aimed at improving facilities for delivery drivers. Amazon currently operates more than 100 Ashray centres across 16 Indian cities and plans to expand the network to 250 centres by the end of 2026 as part of its wider investment in workforce welfare.Read more

14 Jul 2026

The Central Bureau of Investigation (CBI) has filed its first chargesheet in connection with the alleged diversion of funds by Reliance Home Finance Limited (RHFL), resulting in losses of more than INR 3,526 crore to a consortium of 10 public sector banks. The chargesheet, filed before a special court in Mumbai, names RHFL and three former senior executives on charges of criminal conspiracy and cheating. The agency alleged that borrowed funds were diverted through intermediary entities to companies within the Reliance ADA Group in violation of lending conditions. The investigation remains ongoing, with the CBI indicating that supplementary chargesheets may be filed after examining the role of additional individuals and entities.Read more

14 Jul 2026

• Keystone Realtors reported pre-sales of INR 617 crore in Q1 FY27, compared with INR 1,068 crore in the corresponding quarter last year, supported by sustained demand across existing projects despite no new launches during the quarter.
• The company achieved collections of INR 599 crore, a 4% year-on-year increase from INR 575 crore, reflecting healthy cash flows from ongoing projects and strengthening its liquidity position.
• During the quarter, Keystone added two new projects with a combined saleable area of 1.98 million sq ft and an estimated gross development value (GDV) of INR 713 crore, while completing one residential project in Juhu.
• The developer expects multiple launches across the Mumbai Metropolitan Region (MMR) in the coming quarters, supported by an upgraded credit rating, a robust launch pipeline and sustained homebuyer demand.Read more

14 Jul 2026

KlaraBo reported a 4.7% year-on-year increase in rental income during the second quarter, supported by annual rent revisions and completed apartment refurbishments. The Swedish residential property company posted a net loss as negative unrealised fair value changes on investment properties and derivatives affected earnings. The company also moved ahead with its planned merger with Sveafastigheter after receiving shareholder approval. KlaraBo expects the merger to be completed in September 2026, with anticipated cost and operational synergies of at least SEK 120 million and a conditional extraordinary dividend of SEK 1.40 per share upon completion.Read more

14 Jul 2026

• The Goa government has launched the Mukhya Mantri Janjatiya Mhaje Ghar Yojana to provide financial assistance to Scheduled Tribe (ST) families for purchasing or regularising dwelling houses and land under the existing Mhaje Ghar Yojana.
• Eligible ST beneficiaries with an annual family income of up to INR 5 lakh can receive reimbursement of up to INR 1 lakh, with 100% assistance for pre-1972 properties and 50% assistance for post-1972 properties.
• Applicants must have already obtained purchase or regularisation approval under specified provisions of the Goa land laws and submit supporting documents, including payment receipts, income and ST certificates, house tax receipts and bank details, to claim the benefit.
• The scheme will be implemented for an initial two-year period, with benefits disbursed through direct benefit transfer (DBT) after approval by the Director of Tribal Welfare and oversight by a monitoring committee.Read more

Priyanka Vig

14 Jul 2026

India's hospitality industry has evolved beyond the traditional model of hotel ownership, with a growing preference for operating structures that separate real estate ownership from hotel management. Owned-and-operated hotels, management contracts, franchise agreements and aggregator platforms each play a distinct role in the sector, offering different levels of control, investment and operational responsibility. As hotel brands continue to expand across the country, these business models have become central to attracting investment, supporting faster growth and strengthening the organised hospitality market.Read more

14 Jul 2026

Indian Hotels Company Limited (IHCL), part of the Tata Group, has opened the 154-key Vivanta Gurugram Sector 95A, taking its portfolio in the National Capital Region (NCR) to 18 hotels. The new property strengthens the hospitality company's presence in Gurugram, a key commercial hub witnessing sustained corporate activity and infrastructure development. The opening also expands the footprint of the Vivanta brand in a high-growth market. IHCL currently has a development pipeline of 263 hotels across India and opened 11 new properties during the quarter ended June, reflecting its continued expansion strategy across multiple hospitality segments.Read more

14 Jul 2026

Retail rentals across Delhi-NCR’s prime high streets continued to move upward during the April-June quarter of 2026, supported by healthy leasing demand and limited availability of quality retail space. According to Cushman & Wakefield, Khan Market remained India's costliest high street, recording a 9 per cent annual rise in rents. South Extension saw the highest rental growth at 10 per cent, while several other key retail hubs also witnessed moderate increases. The consultancy also reported that retail leasing activity across Delhi-NCR more than doubled during the quarter, reflecting sustained demand from retailers.Read more

14 Jul 2026

• StaffFlex Resolutions LLP has signed an agreement with the Meghalaya Technology Parks Society to lease space at Shillong Technology Park-II, becoming the facility's first confirmed occupant.
• The agreement was signed during the NASSCOM Industry Leaders' Meet 2026 in Shillong, marking a key milestone in operationalising the state's expanding IT infrastructure and attracting investments.
• Chief Minister Conrad K. Sangma said Meghalaya is focused on building a sustainable IT ecosystem through infrastructure development, industry partnerships and skill development rather than symbolic agreements.
• Industry leaders recommended measures to strengthen Meghalaya's startup ecosystem, improve ease of doing business and equip the workforce with future-ready digital skills, including artificial intelligence and cybersecurity.Read more

14 Jul 2026

French banking group BPCE has entered exclusive negotiations with cooperative lender Crédit Mutuel Arkéa to acquire its real estate subsidiaries, Izimmo and Liberkeys, as part of its strategy to expand its presence in France's property market. The proposed acquisition, announced in the past week, is expected to strengthen BPCE's position across real estate investment, savings and brokerage services. The bank, which holds a 26% share of the French mortgage market, said the transaction would complement its existing property-related businesses. Financial terms of the proposed deal have not been disclosed. Subject to the completion of negotiations and customary approvals, the transaction is expected to close during the fourth quarter of the year.Read more

14 Jul 2026

The Centre has exempted units operating from the International Financial Services Centre (IFSC) at GIFT City from obtaining a licence from the Directorate General of Maritime Administration (DGMA) to charter foreign vessels. The move has been notified under the Coastal Shipping Act, 2025, and is expected to simplify vessel leasing for eligible entities. Earlier, foreign-flagged ships required DGMA approval to undertake coastal trade in Indian waters. The decision comes after concerns were raised that the new law could affect Indian commodity trading firms relying on foreign vessels for international operations.Read more

13 Jul 2026

New Century Group Hong Kong Ltd has announced that one of its subsidiaries has granted a mortgage loan worth HKD 8.7 million with a repayment period of 12 months. The transaction forms part of the company's financial services activities and was disclosed through a regulatory filing. The company has not released additional details about the borrower, the purpose of the loan, or the interest terms. The announcement comes as listed companies continue to disclose material lending transactions in line with Hong Kong's regulatory requirements.Read more

13 Jul 2026

The Leela Palaces, Hotels and Resorts has unveiled The Leela Coorg Forest Sanctuary as the new identity for its recently acquired luxury retreat in Coorg, Karnataka. Spread across a 76-acre estate comprising ancient forests and coffee plantations in the Western Ghats, the property has been repositioned as a nature-led luxury destination. The retreat features 71 villas, a 27,000 sq ft wellness centre, multiple dining venues and curated outdoor experiences. The rebranding forms part of The Leela's portfolio expansion as it marks four decades in the hospitality sector and strengthens its presence in India's luxury leisure market.Read more

13 Jul 2026

UK housebuilder Vistry expects a stronger second half of the year despite forecasting a first-half pre-tax loss of GBP 30 million (USD 40 million). The company has outlined a strategic overhaul led by Chief Executive Adam Daniels, focusing on cost reductions, lower land purchases, a smaller regional footprint and the discontinuation of part-exchange operations to improve profitability and reduce debt. While first-half completions declined to around 6,100 homes due to delays in partner-funded developments, Vistry maintained its full-year adjusted profit guidance of GBP 200 million. The builder also expects to end the year with net cash exceeding GBP 100 million, supported by higher open-market sales, investment partner projects, government affordable housing grants and the impact of its restructuring programme.Read more

13 Jul 2026

India’s global capability centre (GCC) ecosystem continues to expand rapidly, with Tier 2 cities expected to play a bigger role as companies look beyond traditional metro locations. According to the Ministry of Electronics and Information Technology (MeitY), India now hosts more than 2,100 GCCs, generating nearly USD 98.4 billion in revenue and employing 2.36 million professionals. Industry experts said lower operating costs, better employee retention and a growing talent pool are making emerging cities more attractive, although stronger technology ecosystems, infrastructure and policy support will be essential to sustain future growth.Read more