12 Dec 2025

SEBI has expanded the eligibility norms for strategic investors in REITs and InvITs to widen institutional participation. Under the revised rules, any Qualified Institutional Buyer can now invest as a strategic investor, including pension and provident funds, insurers, alternative investment funds, family trusts, state bodies and large NBFCs. SEBI said the earlier framework was restrictive and excluded several institutions that actively invest in long-term, income-generating assets. The changes aim to improve ease of doing business and deepen the investment trust market. The move follows SEBI’s recent reclassification of REITs as equity-related instruments for mutual funds, supporting stronger capital flows into real estate and infrastructure assets.Read more

12 Dec 2025

Hindustan Construction Company has transferred aggregate debt of INR 2,854 crore to its associate firm Prolific Resolution Pvt Ltd as part of a lender-backed restructuring plan. The move reduces HCC's consolidated debt exposure linked to corporate guarantees and supports long-term balance-sheet stability. Along with the debt, arbitration awards and claims worth INR 6,508 crore have also been shifted to PRPL. HCC will retain a 49% equity stake in the associate company and has provided a corporate guarantee for the transferred debt. The restructuring is aimed at improving financial transparency, strengthening lender confidence and enabling HCC to focus on infrastructure projects across sectors such as water, industrial development, buildings and power.Read more

12 Dec 2025

Chhattisgarh’s railway development has received a major push, with the annual allocation rising from an average INR 311 crore a decade ago to INR 6,925 crore for 2025–26. Track expansion has also picked up, moving from only 32 km between 2009 and 2014 to 1,189 km commissioned since 2014. The state currently has 26 sanctioned projects covering 1,932 km, with over 1,000 km already completed. Several doubling and third-line works have recently been finished, while major new-line projects continue. The Railways has also conducted extensive surveys to map future needs.Read more

12 Dec 2025

Odisha Power Transmission Corporation Ltd has signed an MoU with NABARD to secure a long-term loan of INR 1,685.27 crore for strengthening and expanding the state’s power transmission network. This marks NABARD’s first project-financing support to any Odisha PSU. Deputy Chief Minister K. V. Singh Deo said the loan, offered at a concessional 7.75% interest rate, reflects confidence in the state’s energy reforms. About INR 900 crore will fund new transmission lines, substations and corridor upgrades, while the rest will refinance high-cost debt. The partnership is expected to boost power reliability for industries and households and support Odisha’s broader economic and infrastructure growth plans.Read more

11 Dec 2025

The Haryana government has released INR 1,700 crore to HSVP and multiple metropolitan development authorities to support ongoing city infrastructure work. This comes after the state had earmarked INR 3,000 crore in its 2025-26 budget from the external development charges (EDC) fund for major cities, including Gurugram, Faridabad, Sonipat, Panchkula and Hisar. The planning department has already used a large share of the existing fund for development work. The state had also allocated INR 2,188 crore in the previous year to metropolitan agencies, reflecting a continued focus on improving urban services and core infrastructure.Read more

11 Dec 2025

Brookfield India Real Estate Trust has raised INR 3,500 crore through a Qualified Institutional Placement to fund its acquisition of Ecoworld, a 48-acre Grade A office campus on Bengaluru's Outer Ring Road. The QIP was oversubscribed more than three times and drew strong interest from leading investors, including major mutual funds, insurers and global institutions. With this raise, the REIT has mobilised INR 8,000 crore over the past year. The 7.7-million-sq-ft Ecoworld purchase will lift Brookfield India REIT's operating portfolio to over 32 million sq ft and push its gross asset value beyond INR 53,000 crore. The REIT currently manages 29.1 million sq ft across India.Read more

11 Dec 2025

Trump Media & Technology Group has pledged INR 1 lakh crore for Bharat Future City, a 765 sq km urban project near Hyderabad overseen by the Future City Development Authority. The funds will support infrastructure, real estate, technology, and commercial development. Announced during the Telangana Rising Global Summit, the project complements other state investment commitments totaling over INR?2.4?lakh crore across sectors like green energy, defence, manufacturing, and logistics, positioning Telangana as a growing hub for large-scale urban and technological development.Read more

10 Dec 2025

Nisus Finance has completed its exit from Project High Cliff in Bengaluru with a 23% IRR over a two-year period through its RESO-1 fund. The investment was made using rated and listed non-convertible debentures and helped the project recover from earlier approval delays. High Cliff spans 1.4 acres and includes about 2.4 lakh sq. ft. of saleable area with 196 homes across 1, 2 and 3 BHK units. The project's progress reflects the growing demand for structured credit in Indian real estate, especially as traditional lenders remain cautious.Read more

10 Dec 2025

Steamhouse India has submitted updated draft documents to SEBI for an IPO aimed at raising INR 425 crore. The offering will include a fresh issue of INR 345 crore and an INR 80 crore OFS by promoter Vishal Sanwarprasad Budhia. The company plans to use the funds to repay part of its debt, expand capacity at its Ankleshwar and Panoli sites, and set up a new steam-generation unit in the Dahej SEZ. The firm, which introduced community boiler systems in India in 2014, recently expanded into nitrogen production and served 174 customers in the first half of FY26.Read more

10 Dec 2025

Embassy Developments reported a strong market response to Embassy Greenshore, its newly launched premium residential project at Embassy Springs in North Bengaluru, securing bookings worth around INR 860 crore within five days. The 14-acre development includes 878 larger-format apartments across two phases, targeting upper-mid-segment buyers seeking spacious layouts and master-planned community living.Read more