05 Jan 2026

As many as eight companies across sectors such as infrastructure, mobility, healthcare, manufacturing and fitness have received regulatory approval from SEBI to launch their initial public offerings. Firms including RKCPL Ltd, Chartered Speed, Glass Wall Systems (India), Jerai Fitness, Shriram Food Industry, Tempsens Instruments, Indira IVF and Rays Of Belief have obtained SEBI's observations, clearing the way for their listings. The proposed IPOs comprise a mix of fresh equity issues and offers for sale, with proceeds earmarked for expansion, debt repayment, working capital and general corporate purposes, reflecting a broad-based revival in India's primary market activity.Read more

05 Jan 2026

Adani Enterprises Limited has announced its third public issue of secured, rated and listed non-convertible debentures, aiming to raise up to INR 1,000 crore. The issue opens on January 6 and closes on January 19, 2026, offering investors an effective yield of up to 8.90% per annum across multiple tenors. Backed by strong credit ratings and the group's expanding infrastructure portfolio, the issue is expected to attract significant retail participation. A substantial portion of the proceeds will be used to refinance existing debt, while the remainder will support general corporate requirements, reinforcing Adani Enterprises balance sheet and long-term growth strategy.Read more

05 Jan 2026

Digital Core REIT Management has announced the completion of the lease-up at its Linton Hall data centre asset. The leasing arrangement is expected to generate around USD 14.8 million in annualised net property income, strengthening earnings visibility for the trust. Linton Hall is part of the REIT's carrier-neutral data centre portfolio serving hyperscale and enterprise clients. The development supports Digital Core REIT's strategy of improving occupancy, securing stable cash flows and reinforcing portfolio performance amid sustained demand for digital infrastructure assets.Read more

05 Jan 2026

Sobha Ltd reported a sharp 52 per cent rise in sales bookings to INR 2,115.2 crore in the third quarter of the current financial year, supported by higher sales volumes and improved price realisation amid sustained housing demand. The Bengaluru-based developer achieved its highest-ever quarterly sales value, driven largely by strong performance in its core markets, particularly Bengaluru and Delhi-NCR. Sales volumes grew significantly year-on-year, while average prices also moved up, reflecting continued buyer preference for quality housing. The robust quarterly performance helped the company post strong cumulative growth in sales bookings during the first nine months of FY26, underscoring positive market momentum.Read more

05 Jan 2026

India's flexible workspace market is set for strong growth, with total flex office stock in the top seven cities projected to exceed 100 million sq ft by 2027, up from around 72.3 million sq ft in 2025. Rising enterprise demand, particularly from technology, BFSI firms, and Global Capability Centres (GCCs), is driving this expansion. Bengaluru and Delhi NCR remain dominant, while Pune and Chennai show high penetration and fast growth. Tier II cities are increasingly targeted by operators, and flex space's share of overall office inventory is expected to reach over 10 per cent.Read more

Delhi News Desk

05 Jan 2026

Delhi's mayor has urged property owners to take advantage of the Property Tax Amnesty Scheme 2025-26 (SUNIYO) to settle pending tax dues. The scheme allows taxpayers to pay the main property tax for the current year and the previous five years, while interest and penalties on older dues are waived. The city has already collected significant revenue under this programme, with residential and non residential properties contributing over INR 803 crore combined. Officials note a rise in taxpayer participation and new registrations, indicating improved compliance and stronger municipal revenue.Read more

05 Jan 2026

The Delhi government has announced a capital investment plan of approximately INR 17,000 crore over the next three years to strengthen the capital's power infrastructure and ensure uninterrupted, high-quality electricity supply. The investments will focus on upgrading transmission lines, grid substations and distribution networks through Delhi Transco Limited and distribution companies. With peak power demand already touching around 8,400 MW in 2025 and projected to rise sharply by 2030, the government is aligning its power strategy with long-term demand growth. The plan also emphasises rooftop solar adoption, last-mile reliability and efficient use of limited urban land.Read more

05 Jan 2026

Parents of Alkem Laboratories founder purchased a premium penthouse in Bandra West for INR 63 crore, marking the highest price for a non sea facing apartment in the area. The 4,583 sq ft unit in S Raheja's Evergreen tower comes with private terraces and a double height living room. The purchase, completed with stamp duty and registration charges, reflects the continuing demand for luxury homes in established Mumbai neighbourhoods. Industry experts note the property's proximity to the sea and redevelopment background adds to its premium appeal.Read more

04 Jan 2026

The office property market in Delhi-NCR and Mumbai saw a decline in new supply last year, falling 15 per cent and 37 per cent, respectively, while overall demand from technology, BFSI, and foreign firms setting up GCCs remained strong. Across seven major cities, fresh office space reached 56.5 million sq ft, up 5 per cent from 2024, with leasing absorption growing 6 per cent. Vacancy levels fell, and rents increased up to 15 per cent. Bengaluru, Chennai, and Pune led new supply growth, while Delhi-NCR, Mumbai, Hyderabad, and Kolkata witnessed declines. Major REITs continue to drive structured investment in the sector.Read more

04 Jan 2026

Guntur Municipal Corporation (GMC) has cleared INR 33.62 crore of long-pending property tax arrears identified as uncollectable after a detailed review. The total backlog of pending dues exceeded INR 80 crore, affected by outdated records, demolished or redeveloped properties, over-assessments, and duplicate entries. Officials conducted field inspections before canceling 4,337 cases. This move aims to streamline tax records, focus on genuine liabilities, and enhance revenue collection efficiency, which has previously been hampered by low compliance and administrative challenges. The exercise is part of GMC's ongoing efforts to strengthen civic finances.Read more