41 minutes ago

Hyderabad's residential market held steady through the first half of 2026, with home sales inching up 1 percent year-on-year to 19,249 units even as new launches slipped 2 percent, according to Knight Frank India. Property prices rose 7 percent on average, led by Banjara Hills. Meanwhile, the city's office market outperformed, recording its best-ever first-half leasing volume at 7.5 million sq ft, a 29 percent jump, driven largely by Global Capability Centres. Vacancy levels tightened despite fresh supply entering the market.Read more

5 hours ago

OTU India, owned by Kaamlo Platform Pvt Ltd, plans to accelerate the development of its workforce management platform following a strategic investment from Tally Solutions. The company will use the funding to enhance its flagship OTUHRPLUS platform, expand customer acquisition and strengthen its presence across India over the next 12 to 24 months. OTUHRPLUS digitises employee management processes, including recruitment, attendance, payroll and shift scheduling, with a particular focus on manufacturing and construction businesses. The company expects to achieve operational break-even during the current financial year and is evaluating a Series A funding round to support international expansion. A key element of the partnership is the integration of OTUHRPLUS with TallyPrime to streamline workforce and payroll management.Read more

6 hours ago

Homebuyers in India's residential real estate market are increasingly assessing projects on long-term value creation rather than relying solely on location and pricing, according to Smartworld Developers. The developer said buyers are now evaluating factors such as infrastructure growth, capital appreciation, construction quality, execution standards, lifestyle amenities and developer credibility before making purchasing decisions. As regulatory reforms, improved infrastructure planning and greater market transparency reshape the housing sector, residential developments are increasingly being judged on their ability to deliver sustained value, quality living experiences and dependable execution throughout the ownership lifecycle.Read more

10 hours ago

The Bansal Family, through M3M India and Smartworld Developers, has announced plans to invest around INR 10,000 crore during FY27 towards construction activities and strategic land acquisitions as its real estate portfolio surpasses a Gross Development Value (GDV) of INR 1,28,731 crore. With a fully paid land bank exceeding 3,000 acres across the National Capital Region (NCR), of which only about 26% has been utilised, the Group retains significant development potential. The family stated that it remains net debt-free, entirely promoter-owned and investment-grade rated. Its portfolio spans luxury housing, branded residences, retail, office and industrial developments, while ongoing expansion in Gurugram and Noida reflects its continued focus on the NCR market.Read more

18 hours ago

Mumbai's Bandra Kurla Complex (BKC) is set to enter a new phase of commercial office expansion, with approximately 6.5 million sq ft of Grade A office space expected to be added between 2026 and 2029, according to JLL. The upcoming supply will increase the district's Grade A office stock from 20.4 million sq ft in 2026 to 26.9 million sq ft by 2029. The expansion follows a sustained period of strong occupier demand, during which vacancy levels declined from 17% in 2021 to 5.8% in 2025. Several large commercial developments, including Sumitomo BKC, 12 Pegasus, Prestige 101 Tower X, Alpha and Labdhi BKC Edge, are scheduled for completion over the next four years, supporting BKC's continued position as one of India's leading office markets.Read more

18 Jul 2026

India's luxury residential market is expanding rapidly as rising wealth, improving economic conditions and changing buyer expectations reshape demand for premium housing. Affluent purchasers are increasingly prioritising lifestyle, wellness, sustainability, technology and investment potential over conventional status-driven ownership. Growth in high-net-worth individuals, strong participation from non-resident Indians and sustained demand across cities including Gurugram, Mumbai and Hyderabad have strengthened the segment. Supported by favourable demographics, infrastructure development and increasing investor confidence, luxury housing is emerging as a resilient asset class that combines capital appreciation with long-term wealth preservation.Read more

18 Jul 2026

Mumbai's Eastern Suburbs are witnessing parallel growth in residential and commercial real estate, supported by infrastructure upgrades, decentralised office demand and continued developer investment. Covering micro-markets such as Chembur, Ghatkopar, Vikhroli, Kanjurmarg and Bhandup, the corridor is attracting occupiers seeking alternatives to established business districts including Bandra Kurla Complex (BKC), Lower Parel and Powai. According to CBRE, Mumbai recorded around 9.8 million sq ft of gross office leasing in 2025, while reports by Knight Frank India and ANAROCK indicate sustained residential demand in infrastructure-led suburban markets. Improved connectivity through the Eastern Freeway, Santacruz-Chembur Link Road, Eastern Express Highway, Mumbai Monorail and the upcoming Metro Line 2B is supporting this transition, with developers increasing investments across residential, commercial and mixed-use projects in the region.Read more

18 Jul 2026

Wheels India Ltd has approved a proposal to raise up to INR 400 crore through the issuance of equity shares and other eligible securities in one or more tranches. The Board of Directors cleared the fundraising plan at its meeting held on July 10, authorising a committee to determine the timing, pricing and terms of the issue. The company may raise capital through domestic or international offerings, including qualified institutional placements, preferential allotments, rights issues and private placements. Wheels India reported a net profit of INR 139 crore on revenue of INR 5,124 crore in the previous financial year.Read more

17 Jul 2026

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that consideration received from the transfer of redevelopment rights should be taxed under the capital gains provisions of the Income-tax Act instead of being treated as 'Income from Other Sources'. The tribunal also observed that taxpayers may be eligible to claim exemption under Section 54EC, subject to statutory conditions. The ruling is expected to bring greater certainty to the tax treatment of redevelopment transactions and could influence similar cases involving property owners and redevelopment agreements.Read more

17 Jul 2026

• A CRISIL report estimates that India's non-sovereign debt could rise from about 84% of GDP in fiscal 2026 to nearly 150% by 2047, in line with debt levels seen in developed economies during periods of rapid economic transformation.
• The report says achieving the Viksit Bharat vision of a USD 30 trillion-plus economy will require significantly deeper debt capital markets, as banks alone may not be able to meet the country's growing financing needs.
• It recommends expanding the corporate bond market by broadening the issuer base, increasing investor participation, strengthening secondary market liquidity and encouraging investments in mid-rated corporate bonds.
• CRISIL also advocates developing securitisation, covered bonds and municipal bond markets, alongside regulatory reforms to channel long-term capital into infrastructure, housing and urban development.Read more