01 Sep 2025

The Karnataka government has revised its registration fee structure, doubling charges for certain documents such as Joint Development Agreements and General Power of Attorney. The rate has increased from INR 10 to INR 20 for every INR 1,000 value, while fixed charges of INR 1 have been raised to INR 2. Applicants who had already booked slots or paid fees are required to pay the difference online. The move, aimed at improving revenue collection, is expected to bring in INR 3,000 crore, though it has drawn criticism for adding pressure on homebuyers.Read more

31 Aug 2025

JD Property, the infrastructure and asset management division of JD.Com, has teamed up with Partners Group and EZA Hill Property to create a Singapore-based real estate investment trust (REIT) valued at over USD 1 billion. The REIT is expected to be listed on the Singapore Exchange early next year and will include recently acquired logistics assets. The partners are working towards finalising the portfolio by October. The development highlights growing investor confidence in Singapore's REIT market, alongside increasing cross-border investment from Chinese and international capital.Read more

Shuubham Garg, Founder and CEO of Garg Realty Group

31 Aug 2025

India's real estate sector, valued at USD 265 billion in 2024, is projected to near USD 1 trillion by 2030, making it a prime destination for institutional capital. Regulatory reforms like RERA, GST, and eased FDI norms have boosted transparency, attracting pension funds, sovereign wealth funds, and private equity, with inflows expected to reach USD 6-7 billion in 2025. Grade A offices remain the largest draw, supported by strong absorption and REIT success, while affordable housing and warehousing are gaining momentum. Sustainability is now central, with 40% of new supply green-certified. Annual institutional inflows are projected to cross USD 8 billion by 2027.Read more

30 Aug 2025

Aroundtown, one of Germany's largest listed landlords, posted a first-half profit of €578 million (USD 677 million), a sharp turnaround from a €330 million loss a year earlier, aided by a rebound in residential and commercial property prices. Profit had already tripled in the prior quarter, reinforcing recovery momentum, while like-for-like rental income grew 3% across its German and Dutch portfolio. Despite reaffirming its full-year guidance, shares slipped on investor profit-taking. The company also announced CFO Ben David will step down after 17 years, with deputy Jonas Tintelnot set to succeed him. Analysts called the results solid, reflecting resilience and stability.Read more

30 Aug 2025

A recent CBRE survey revealed that companies across Asia Pacific have been enforcing stricter return-to-office protocols, with a notable rise in consequences for non-compliance. The survey also highlighted a growing link between office attendance and performance reviews, alongside a renewed focus on workplace optimisation and employee experience. Stricter protocols are driving fresh demand for quality office spaces, particularly in central business districts, where competition for prime locations is intensifying amid limited vacancy rates and economic uncertainty.Read more

30 Aug 2025

Nexus Seawoods Mall in Navi Mumbai is preparing to host Onam Opulence in collaboration with Seawoods Malayali Samajam this coming weekend. The event will feature a nine-metre floral Pookalam crafted from nearly 250 kg of flowers, alongside an array of Kerala's cultural performances including Thiruvathirakali, Mohiniyattam, Kathakali, Poothappattu and Chenda Melam. Mythological characters will join the festivities through a traditional procession, culminating in a grand fusion finale that celebrates Kerala's heritage.Read more

30 Aug 2025

The Enforcement Directorate (ED) has searched premises linked to real estate company BPTP across the Delhi-NCR region, as part of a foreign exchange violation case involving funds of about INR 500 crore. The probe, launched under the Foreign Exchange Management Act (FEMA), alleges that BPTP received foreign investment from Mauritius-based companies in contravention of the existing rules during 2007-2008. The company's CMD, Kabul Chawla, is also under scrutiny for allegedly holding foreign assets. A BPTP spokesperson stated that the company is fully cooperating with the authorities and is confident its position will be clarified.Read more

29 Aug 2025

Tata Consultancy Services (TCS) has leased 1.4 million sq ft in Electronic City, Bengaluru, on a 15-year lease at 360 Business Park, developed by Labzone Electronics City Pvt Ltd. The INR 2,130 crore deal will be executed in two phases starting April 1, 2026, and August 1, 2026. Terms include monthly rent of INR 9.31 crore, 12% escalation every three years, and a security deposit of INR 112 crore. The space gives TCS a large, contiguous footprint as it consolidates operations and expands delivery capacity. The transaction is part of a INR 4,500 crore expansion across Kolkata, Kochi, and Hyderabad, amid strong office absorption led by GCCs and IT majors.Read more

29 Aug 2025

Sri Lotus Developers and Realty reported a steep decline in consolidated net profit for the first quarter of the fiscal year, with earnings falling to INR 25.8 crore against INR 40.2 crore in the same period last year. Total income also contracted to INR 68.1 crore. Despite the fall in performance following its recent IPO, the company emphasised its strong financial position, citing a debt-free balance sheet, a cash surplus of INR 905 crore, and ambitious luxury project launches in Mumbai's western suburbs.Read more

29 Aug 2025

A new report by Cushman & Wakefield, "Navi Mumbai - The Next Growth Corridor," highlights Navi Mumbai's rise as a prime office hub within the Mumbai Metropolitan Region (MMR). The city currently holds 23.8 million sq ft of Grade A office stock-20% of MMR's total-with an occupancy rate of 87%. Offering average rentals of INR 70 per sq ft, nearly 57% lower than prime MMR markets, Navi Mumbai is attracting Global Capability Centers and enterprises with its talent pool and infrastructure. With the upcoming Navi Mumbai International Airport and major road projects boosting connectivity, another 4 million sq ft of new office supply is expected by 2027-28.Read more

29 Aug 2025

Grounded airline Jet Airways has signed a definitive agreement to transfer the lease of its Bandra-Kurla Complex (BKC) corporate office in Mumbai for INR 370.25 crore as part of its liquidation process. The lease will be assigned to Parthos Properties Pvt Ltd, subject to approval from the Mumbai Metropolitan Region Development Authority (MMRDA). Conducted under the Insolvency and Bankruptcy Code (IBC), the sale marks an important step in monetizing Jet's assets to repay creditors. Once India's premier private airline, Jet suspended operations in April 2019 after financial collapse, and a failed resolution plan eventually led to a Supreme Court-ordered liquidation in 2024.Read more

29 Aug 2025

Shares of Patel Retail, a Mumbai-based supermarket player, listed with a premium of nearly 20% on the BSE and NSE on Tuesday, August 26, 2025. This strong debut, which saw the stock open at INR 305 on the BSE, came despite the broader market trading in negative territory. The INR 242.76 crore Initial Public Offering (IPO), which was subscribed 95.70 times, will help fund the company's working capital needs and debt repayment. Patel Retail, which operates in Thane and Raigad districts, aims to use the fresh capital to expand its footprint in the region.Read more

28 Aug 2025

The Greater Chennai Corporation (GCC) has streamlined its property tax system for 2025, encouraging homeowners to utilize a new, user-friendly online portal for payments. This initiative is part of a broader digital governance push to enhance transparency and improve tax collection efficiency. By using the official website (tnurbanepay.tn.gov.in), residents can conveniently pay dues, track payment history, and even apply for property assessments, all from the comfort of their homes.Read more

28 Aug 2025

Sattva Engineering Construction, an ISO-certified EPC company specializing in water and wastewater infrastructure, has launched its Initial Public Offering (IPO) on August 26, 2025. The company aims to raise INR 35.38 crore at a price band of INR 70-75 per share, with the funds intended for working capital and general corporate purposes. The IPO is a key milestone for Sattva, which has executed over 50 projects and has a current order book of INR 308.09 crore. This move is aimed at enabling the company to scale operations and capitalize on growing demand from government initiatives such as the Jal Jeevan Mission and AMRUT.Read more

28 Aug 2025

India's REIT market is entering a strong growth phase, with five listed REITs now managing nearly 140 million sq ft of office and retail real estate, according to Colliers India. While the four office-focused REITs cover 133 million sq ft, another 371 million sq ft of Grade A office space remains REIT-worthy, alongside 5 million sq ft of retail assets. Demand from Global Capability Centres, technology firms, and BFSI occupiers is driving momentum. Industry leaders from Mindspace REIT and Knowledge Realty Trust said REITs have matured into mainstream investment products, balancing stability and growth. With half of Grade A stock untapped, the sector offers vast expansion opportunities.Read more

28 Aug 2025

Altum Credo Home Finance, a housing finance company catering to first-time homeowners from low-income groups, has raised INR 170 crore in equity funding from British International Investment. The infusion will support geographical expansion across India and improve the company's IT and digital infrastructure. Altum Credo indicated that this development would enhance operational efficiency, strengthen customer engagement, and reinforce its digital delivery channels.Read more

27 Aug 2025

Sammaan Capital has successfully raised USD 300 million through its first international bond issuance since adopting its new brand identity. The three-year senior secured social bonds carry a coupon of 8.95 per cent, with interest payable semi-annually. The proceeds will be channelled into onward lending and sustainable financing under the Reserve Bank of India's ECB framework. The company is also preparing to raise an additional USD 500 million from a multilateral agency, aiming to increase international borrowings to 10-15 per cent of its overall funding structure in the coming year.Read more

27 Aug 2025

In a strategic deal, asset management firm 360 ONE Asset has acquired a 50% stake in Bluegrass Business Park from Brookfield Asset Management for an enterprise value of approximately INR 2,400 crore. This investment, which was completed in late August 2025, reflects growing investor confidence in India's commercial real estate sector. The acquisition gives 360 ONE Asset exposure to a two million sq ft office development in Kalyani Nagar, Pune, strengthening its real assets platform and marking its first partnership with a major global institutional investor in the real estate sector.Read more

27 Aug 2025

The Ranchi Municipal Corporation (RMC) has issued a strict directive to the city's top 500 property tax defaulters, demanding that they clear outstanding dues within ten days. The civic body has warned of legal action under the Jharkhand Municipal Act if payments are not made. Officials described the announcement as a last opportunity for chronic offenders, adding that repeated defaults weaken civic services and slow urban development. The RMC highlighted that property tax remains its primary source of revenue and warned that further negligence would invite stringent recovery measures.Read more

27 Aug 2025

ITC Hotels announced the signing of definitive agreements with Silvercastle Holidays and Resorts for the launch of its boutique brand, Storii by ITC Hotels, in Wayanad. The upcoming 62-room property, named Storii by ITC Hotels Wayanad Silverwoods, will be situated alongside the Banasura Sagar Dam. The agreement strengthens ITC Hotels' presence in Kerala and expands the reach of its boutique offering, marking Storii's debut in the state.Read more