30 Jun 2026

Flexible workspace provider Incuspaze has raised INR 150 crore in a funding round led by Bharat Value Fund and other financial institutions to support its expansion plans ahead of a proposed FY29 initial public offering (IPO). The company will use the capital to expand its presence in key commercial markets, invest in technology, and pursue strategic acquisitions. The fundraising follows recent acquisitions aimed at strengthening its managed workspace portfolio amid rising demand for flexible office solutions.Read more

30 Jun 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated the land acquisition process for the proposed Uttan–Virar Sea Link, marking a significant step in the development of the larger Mumbai–Vadhavan connectivity corridor. The exercise begins in Uttan village, where landowners have been asked to indicate whether they are willing to part with their land through private negotiations before the authority proceeds with acquisition.Read more

Vriti Gothi

30 Jun 2026

India’s Real Estate Investment Trust (REIT) market has grown from a single listed vehicle in 2019 to a USD 18 billion asset class managing more than INR 2.5 lakh crore in assets. Industry projections suggest the sector could expand between five and ten times over the next five years, driven by institutional capital, a growing pipeline of REIT-ready assets and the emergence of new sectors including data centres, logistics parks and retail real estate. While office assets continue to dominate listed portfolios, analysts expect the next phase of growth to be fuelled by diversification into specialised asset classes. Research by Knight Frank India, JLL, CBRE and ANAROCK indicates that India's institutional ownership levels remain significantly below global benchmarks, leaving substantial room for further expansion as capital markets deepen and new investment vehicles enter the market.Read more

30 Jun 2026

The Reserve Bank of India has expanded participation in the term money market by allowing housing finance companies (HFCs) and all-India financial institutions (AIFIs) to act as both borrowers and lenders. The move is aimed at improving liquidity management, strengthening short-term funding avenues, and enhancing the efficiency of the money market while supporting better transmission of monetary policy across the financial system.Read more

30 Jun 2026

The Uttar Pradesh government has secured investment proposals exceeding INR 50,000 crore during the Uttar Pradesh Global Growth Dialogue 2026 in Bengaluru. Led by Chief Minister Yogi Adityanath, the roadshow attracted over 15 companies across Global Capability Centres (GCCs), electronics manufacturing, logistics and industrial development. Several memorandums of understanding were signed, including with LG, Aon, MetLife and Table Space, as the state continued its investment outreach to strengthen industrial growth and attract large-scale private sector investments.Read more

29 Jun 2026

Smartworks Coworking Spaces Ltd has announced the proposed acquisition of Singapore-based flexible workspace operator Workstudio Spaces Pte. Ltd to strengthen its presence in the overseas market. The transaction, which will be executed through the company's wholly owned subsidiary Smartworks Space Pte Ltd, is expected to be completed in July 2026. Following the acquisition, Smartworks' portfolio in Singapore will expand to four centres, with a total footprint of 76,000 sq ft and seating capacity exceeding 1,500. The company, which currently operates 66 centres across India and Singapore, said the acquisition aligns with its strategy to expand its flexible office platform.Read more

Goa News Desk

29 Jun 2026

• The Ministry of Road Transport and Highways has initiated the acquisition of additional land in Bhoma and Kundaim villages for the proposed four-laning of the Bhoma-Old Goa stretch of NH-748.
• Nearly 8,863 square metres of privately owned land, including wetland parcels, have been identified for the project, with landowners invited to submit objections within the prescribed period.
• The highway upgrade forms part of a larger effort to improve traffic movement, reduce congestion and strengthen connectivity between Ponda and Old Goa.
• The acquisition marks another milestone in advancing the hybrid annuity project, which is expected to enhance regional transport infrastructure while supporting future economic and tourism growth in Goa.Read more

29 Jun 2026

Hyderabad has emerged as India's highest-priced Global Capability Centre (GCC) office market, according to the inaugural IIM Bangalore–CRE Matrix GCC Commercial Property Rental Index (GCC-CPRI) for Q1 CY'26. The report shows that GCC occupiers continue to pay rental premiums across major office markets, reflecting sustained demand for Grade A office space. While the pan-India index remained stable, city-level performance varied based on occupier demand and market maturity. Hyderabad, Pune and Bengaluru led the rankings, while western India recorded strong rental growth, highlighting the continued expansion of India's GCC office market.Read more

29 Jun 2026

• Adani Airports has announced a INR 20,000 crore investment to develop integrated airport cities across six airports in five states during the first phase of its expansion strategy.
• The developments will combine commercial, hospitality, retail, entertainment and business infrastructure, transforming airports into economic and urban growth centres.
• Mumbai and Navi Mumbai will account for the largest share of the planned development, while projects will also be undertaken in Ahmedabad, Jaipur, Lucknow and Guwahati.
• Inspired by globally successful airport-city models, the initiative aims to unlock new revenue streams, attract private investment and create employment beyond traditional aviation activities.Read more

Chennai News Desk

29 Jun 2026

A recent property transaction in Chennai’s Boat Club locality has valued residential land at around INR 27 crore per ground, including the existing structure on the site. The deal provides a fresh pricing benchmark for one of the city’s most expensive housing markets, where land supply remains limited and transactions are relatively rare. Market participants said the valuation reflects continued demand for prime residential assets in established luxury neighbourhoods, despite broader variations in housing market activity.Read more