15 Jun 2026

The Reserve Bank of India (RBI) has issued final guidelines allowing commercial banks to lend directly to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), widening access to institutional credit for the real estate and infrastructure sectors. The framework, which comes with prudential safeguards, caps aggregate bank exposure to a trust and its underlying entities at 49% of asset value, mandates fully secured lending and links repayment structures to cash flows. The revised norms replace certain restrictions proposed in the draft framework and are expected to provide REITs and InvITs with an additional source of long-term capital while maintaining financial stability and risk controls within the banking system.Read more

14 Jun 2026

Interior My Room by Rawat has launched its third studio in Kharadi, Pune, expanding its retail and customer engagement network in one of the city’s key residential and commercial corridors. The company, which specialises in customised furniture and interior solutions, has delivered more than 10,000 modular kitchens and over 1 crore sq ft of furniture since its inception. The new studio complements its existing facilities in Bavdhan and on the Pune–Bengaluru Highway, where it also operates a 1 lakh sq ft manufacturing unit. The expansion comes as demand for customised interiors and modular furniture continues to grow across residential developments in Pune and other urban markets.Read more

14 Jun 2026

Mumbai has been ranked among the world’s leading financial services talent centres in Colliers’ Global Financial Services Markets 2026 report, which analysed more than 200 markets globally. The city was classified as India’s primary financial services Global Centre and placed among the top global hubs alongside New York City, London, Singapore, Beijing, Shanghai, Hong Kong and Tokyo. The report highlights Mumbai’s strong labour market, sizeable talent pool and concentration of financial services headquarters. India also featured prominently across the rankings, with Delhi NCR, Bengaluru, Hyderabad, Chennai and Pune emerging as key financial services talent destinations, reflecting the country’s growing role in global banking, financial technology and business operations.Read more

13 Jun 2026

The Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25% has been welcomed by real estate developers, who believe the move will support stability across both residential and commercial property markets. Industry stakeholders said the continuation of the current interest rate environment provides greater visibility on borrowing costs, helping homebuyers, developers, businesses and institutional investors make long-term decisions with confidence. Developers noted that stable financing conditions are expected to sustain housing demand, support project execution and encourage investment activity in office, retail and mixed-use developments. The policy decision comes amid global economic uncertainty, geopolitical tensions and fluctuating commodity prices, with industry participants viewing the RBI’s neutral stance as a measure that balances growth considerations with macroeconomic stability.Read more

13 Jun 2026

Vertex Group has launched DK Vertex, a smart co-working and business services platform backed by an investment of INR 300 crore, targeting startups, entrepreneurs and growing businesses across India. The platform debuts with over 10,000 seats across seven facilities spanning one million sq ft in Delhi-NCR, Bengaluru and Mumbai. Positioned as an integrated workspace ecosystem, DK Vertex combines office infrastructure with services such as IT support, information security, payroll, hiring, analytics and business networking. The launch comes amid rapid growth in India’s flexible workspace market, which is projected to expand significantly over the next decade, driven by increasing demand from startups and technology-led enterprises seeking scalable and service-oriented work environments.Read more

13 Jun 2026

Kerala-based sports technology startup Dartle has raised USD 100,000 in a seed funding round led by Inflection Point Ventures (IPV). The company, which provides a B2B SaaS platform for youth sports and football academies, plans to use the capital to strengthen its go-to-market strategy, expand in the United States, enhance AI capabilities and deepen partner engagement. Dartle currently serves 14 academies across India, the Middle East, Nepal and the US, while running eight paid pilots in the American market. The startup aims to onboard more than 100 academies globally over the next year and increase its annual recurring revenue to nearly USD 1 million, targeting a growing global market of sports academies seeking integrated operational and athlete management solutions.Read more

12 Jun 2026

India’s recent decision to remove taxes on foreign investments in government bonds and expand access to its debt market has drawn a positive response from global investors. More than USD 1 billion flowed into government securities within days of the announcement, while bond yields declined across maturities. Investors and asset managers believe the reforms could boost foreign participation, support lower borrowing costs and strengthen India’s chances of inclusion in major global bond indexes. However, currency movements and global market volatility remain important factors that could influence future inflows.Read more

12 Jun 2026

Urban Vault, a Bengaluru-based coworking and managed workspace operator, has provided a 16,000 sq ft office space in Gurugram to Green SM, the electric ride-hailing company backed by Vietnam’s Vingroup. The facility, located on Golf Course Road in Sector 54, accommodates around 500 seats and marks Green SM’s first office in India. The agreement forms part of a broader partnership under which Urban Vault will support Green SM’s workspace requirements across key Indian cities. The development comes amid strong demand for flexible office solutions in major urban markets, with coworking operators significantly increasing office leasing activity during the first quarter of 2026, according to industry data.Read more

12 Jun 2026

UK-based oil producer EnQuest has agreed to acquire interests in four offshore production-sharing contracts in Malaysia from Petronas in a deal valued at up to USD 833 million. The transaction marks a significant step in EnQuest’s strategy to expand its presence in Southeast Asia and diversify beyond the North Sea. The acquisition is expected to boost the company’s production levels and strengthen its international portfolio. Investors welcomed the announcement, sending EnQuest shares sharply higher in early trading.Read more

12 Jun 2026

Tamil Nadu has completed the assignment of guideline values for every land survey number across the state, marking a significant reform in property registration and valuation. The initiative, announced by the Registration Department, aims to bring greater transparency and consistency to land transactions by ensuring that each parcel of land has a designated market guideline value. The exercise covers both urban and rural areas and is expected to reduce valuation disputes, improve revenue collection and streamline property registrations. Officials indicated that the project was undertaken using extensive field surveys and digital mapping tools. The move forms part of the state's broader efforts to modernise land administration, enhance the accuracy of property records and support a more transparent real estate market.Read more