SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Taxation & Finance News

Coastal housing markets witness shortage of 3BHK apartments as larger homes drive residential demand

Mumbai News Desk

02 Jun 2026

• Residential markets across several coastal cities are witnessing a shortage of ready and under-construction 3BHK apartments amid sustained demand for larger homes.
• Developers and property consultants have reported rising preference for spacious residences among end-users, particularly in premium and upper mid-segment housing projects.
• Demand has been driven by changing household requirements, hybrid work patterns and growing preference for lifestyle-oriented residential developments.
• Limited availability of suitably configured units has led developers to recalibrate project launches towards larger apartment formats in key coastal markets.
• The trend is being observed across major coastal real estate destinations where housing demand has remained resilient despite rising property prices and construction costs.
Read more

cover photo

Listed developers’ sales bookings rise 18% to INR 1.48 lakh crore amid strong demand for premium housing

01 Jun 2026

• Combined sales bookings of 11 major listed real estate developers reached INR 1.48 lakh crore in FY2025-26, marking an 18% increase from INR 1.26 lakh crore in the previous financial year.
• The data, released by Anarock, covers Godrej Properties, Prestige Estates, DLF, Lodha Developers, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil, Keystone Realtors and Sobha Ltd.
• Premium and luxury housing projects emerged as the primary drivers of growth, supported by stronger price realisations across key markets.
• Godrej Properties and Prestige Estates recorded significant increases in sales bookings, while DLF and Signature Global reported lower pre-sales during the fiscal year.
• The findings also highlight the growing influence of developers expanding beyond their traditional home markets to build multi-regional residential portfolios.
Read more

cover photo

Mumbai records highest May property registrations in 14 years as housing demand remains firm

01 Jun 2026

• Property registrations within the Brihanmumbai Municipal Corporation (BMC) area reached 12,403 units in May 2026, according to data from Maharashtra’s Department of Registration and Stamps analysed by Knight Frank India.
• Registrations increased 7 per cent year-on-year from 11,565 units recorded in May 2025, although volumes were lower than April 2026’s 14,285 units.
• The figures include transactions across both primary and secondary residential property markets.
• Knight Frank India said May 2026 registered the highest property registration volume for the month of May in the past 14 years, exceeding the previous peak achieved in May 2025.
• Industry stakeholders attributed the performance to sustained end-user demand and continued confidence in Mumbai’s residential housing market despite wider global economic uncertainties.
Read more

cover photo

Sagarmala Finance plans India’s first blue bond issue to fund maritime and coastal infrastructure projects

01 Jun 2026

• Sagarmala Finance Corporation (SFC), the state-owned maritime-focused lender under the Ministry of Ports, Shipping and Waterways, is preparing to launch India’s first blue bond issuance.
• The proposed issue aims to raise up to INR 1,000 crore, including a greenshoe option, to support long-term funding requirements for maritime and coastal infrastructure projects.
• Proceeds are expected to be deployed towards ports, shipbuilding facilities, inland waterways, coastal connectivity and other marine-linked infrastructure developments.
• The initiative marks India’s entry into the blue bond market, a niche segment of sustainable finance focused on ocean and water-related projects.
• The fundraising exercise is also intended to address SFC’s asset-liability mismatch by securing longer-tenure borrowings aligned with its infrastructure lending profile.
Read more

cover photo

COWRKS expands Chennai portfolio with six new centres, taking footprint to nearly 5 lakh sq ft

01 Jun 2026

• Co-working operator COWRKS, backed by Brookfield Properties, has added six new managed office centres in Chennai as part of its growth strategy.
• The newly launched facilities comprise around 2.9 lakh sq ft of workspace and more than 3,900 desks.
• With the expansion, the company's Chennai portfolio has increased from four centres to ten centres.
• The total footprint in the city has risen from over 2.1 lakh sq ft and 2,900 desks to nearly 5 lakh sq ft and more than 6,800 desks.
• The move comes amid increasing demand for managed office and flexible workspace solutions across major Indian commercial markets.
Read more

cover photo

Ashiana Housing reports steady Q4 profit as FY26 income and sales bookings rise sharply

01 Jun 2026

Ashiana Housing reported a marginal rise in consolidated net profit for the March quarter, supported by higher income and strong growth in sales bookings. The company’s total income increased significantly during the quarter as demand for residential projects remained firm across key markets. For the full FY26 financial year, the developer posted a sharp jump in profit and revenue compared to the previous year. Ashiana Housing also recorded its highest-ever annual pre-sales, reflecting sustained homebuyer demand across its senior living and residential housing projects in markets such as Delhi-NCR, Maharashtra, Tamil Nadu and Jharkhand.Read more

cover photo

India’s energy investment to reach record USD 170 billion in 2026 led by solar, grid and refining expansion

01 Jun 2026

• India’s total energy investment is expected to touch a record USD 170 billion in 2026, according to the International Energy Agency (IEA).
• Solar power investment has grown 25 per cent annually over the past five years, while oil refining investment increased 23 per cent during the same period.
• India achieved its target of sourcing 50 per cent installed power capacity from non-fossil fuel sources ahead of schedule, supported by rising solar and renewable energy projects.
• Investments in transmission networks, battery storage, hydropower and nuclear energy are also increasing as the country expands renewable energy capacity.
• Coal continues to remain a major part of India’s energy mix, with coal supply investment expected to reach USD 13 billion in 2026.
Read more

cover photo

Japanese financial institution backs Indian mid-income housing fund through investment agreement

31 May 2026

The Development Bank of Japan (DBJ) has signed an investment agreement with the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund), marking its entry into India’s affordable and mid-income residential development segment. Managed by HDFC Capital Advisors, the fund focuses on financing housing projects across major Indian cities while promoting sustainable development through internationally recognised green building standards. The investment comes as India continues to witness rising housing demand across urban markets, with global investors increasingly targeting residential platforms linked to long-term urbanisation and housing supply expansion.Read more

cover photo

Thomas Cook India partners with Atlys to integrate forex services into digital visa application process

31 May 2026

• Thomas Cook (India) Limited has entered into a long-term partnership with Atlys to integrate foreign exchange services into the visa application journey.
• The partnership aims to combine visa processing and forex services within a unified digital travel planning process for leisure and student travellers.
• Customers using the Atlys platform will be able to access forex cards, foreign currency services and overseas remittance solutions through Thomas Cook India.
• The integrated service includes digital onboarding, video KYC and doorstep delivery facilities across India.
• The collaboration targets digitally driven outbound travellers seeking faster and more streamlined international travel preparation services.
Read more

cover photo

Indian real estate sector may require INR 50 lakh crore capital over next decade to sustain growth: Report

31 May 2026

• ANAROCK Capital has estimated that India’s real estate sector will require nearly INR 50 lakh crore in capital over the next decade to support expansion into a USD 1 trillion market by 2030.
• The report highlighted financing constraints including restrictions on bank funding for land acquisition, rising borrowing costs and limited institutional access for smaller developers.
• Alternative Investment Funds (AIFs), REITs, NBFCs and private capital are increasingly emerging as major funding sources across land acquisition, construction finance and last-mile funding.
• Industry stakeholders stated that institutional capital remains concentrated among large developers and key metropolitan markets, limiting access for Tier-II and Tier-III projects.
• The report noted that broader funding access across affordable housing and emerging cities will be critical for balanced long-term sectoral growth.
Read more

cover photo