15 Jul 2026

MMM Capital PCL has entered into a sales management (hybrid) agreement with a guaranteed purchase arrangement for a new real estate project with a total value of THB 1.34 billion. The agreement is aimed at supporting the sales and marketing of the project while providing a guaranteed purchase mechanism. Such hybrid sales management models are commonly used by developers to improve sales visibility and reduce inventory-related risks. The company has not disclosed additional details regarding the project's location, development timeline or other commercial terms.Read more

15 Jul 2026

Smartworks Coworking Spaces has expanded its enterprise leasing portfolio by signing a managed office agreement for more than 930 seats in Pune with the Indian subsidiary of a UK-based company. The latest transaction adds to the company's growing list of large corporate mandates as demand for flexible workspaces continues to rise. In recent months, Smartworks has secured several large leasing deals across major cities, reflecting increasing interest from multinational companies seeking managed office solutions in India.Read more

15 Jul 2026

L&T Finance reported a strong performance for the June quarter, with consolidated net profit rising 29 per cent year-on-year to INR 902 crore. The company also recorded growth in its loan book, retail disbursements and net interest margin, while asset quality continued to improve. Gross Stage 3 assets declined and credit costs reduced due to stronger collections and the use of artificial intelligence-led tools. Unsecured personal loan disbursements more than doubled during the quarter, reflecting robust demand across retail lending segments.Read more

15 Jul 2026

Institutional investments in India's real estate sector reached a record USD 4.1 billion during the first half of 2026, registering a 58 per cent year-on-year increase, according to Vestian. The growth was supported by stronger participation from both domestic and foreign investors, particularly during the second quarter. Commercial assets continued to attract the largest share of investments due to sustained demand from Global Capability Centres (GCCs), while investors also diversified into other real estate segments. Industry experts believe improving economic conditions and stronger investor confidence are expected to support continued investment activity.Read more

15 Jul 2026

Transparency across the real estate sector is essential to attract long-term investment and support sustainable growth, Uttar Pradesh RERA Chairman Sanjay R. Bhoosreddy said while addressing a real estate conference recently. He highlighted the need to balance the interests of homebuyers and developers, increase the supply of affordable housing, and ensure timely project execution. The conference also saw RERA officials from Delhi, Haryana and Punjab discuss stronger enforcement powers, the use of artificial intelligence for project monitoring, and the importance of protecting homebuyers' interests.Read more

14 Jul 2026

Mumbai Metro One Private Limited (MMOPL), a subsidiary of Reliance Infrastructure, has signed a debt restructuring agreement with National Asset Reconstruction Company Limited (NARCL), reducing its debt by over INR 1,100 crore. The restructuring is expected to lead to the withdrawal of insolvency proceedings against the company. MMOPL, which operates Mumbai Metro Line-1, aims to strengthen its financial position while ensuring uninterrupted metro services. The agreement is valued at INR 2,771.32 crore and marks a key step in resolving the company's long-pending debt obligations.Read more

Delhi News Desk

14 Jul 2026

Flexible workspace provider Executive Centre India has leased around 1.14 lakh sq ft of premium office space at Worldmark 3 in Delhi's Aerocity from Bharti Real Estate for nine years. The lease, valued at approximately INR 309 crore over its tenure, marks one of the largest flex-space transactions in the National Capital Region this year. The deal reflects sustained demand for premium managed office spaces from enterprises and multinational companies while reinforcing Aerocity's position as a preferred commercial hub.Read more

14 Jul 2026

Amazon India has partnered with the Telangana government to establish five new Ashray rest centres at high-footfall locations across Hyderabad, taking its total network in the city to 14 centres. Under the agreement, the state government will assist with site identification, approvals and administrative coordination through the Cyberabad Municipal Corporation. The initiative is aimed at improving facilities for delivery drivers. Amazon currently operates more than 100 Ashray centres across 16 Indian cities and plans to expand the network to 250 centres by the end of 2026 as part of its wider investment in workforce welfare.Read more

14 Jul 2026

The Nagpur Municipal Corporation (NMC) is considering a 10% increase in property tax despite presenting its 2026–27 budget with a commitment of imposing no new taxes. The proposed revision, expected to generate an additional INR 15.42 crore in annual revenue, has been placed before the standing committee for approval. Civic officials say the move is aimed at strengthening municipal finances and supporting infrastructure and public service expenditure, while the proposal has sparked debate as it appears to contradict the administration's earlier assurance of a "no new tax" budget.Read more

14 Jul 2026

• StaffFlex Resolutions LLP has signed an agreement with the Meghalaya Technology Parks Society to lease space at Shillong Technology Park-II, becoming the facility's first confirmed occupant.
• The agreement was signed during the NASSCOM Industry Leaders' Meet 2026 in Shillong, marking a key milestone in operationalising the state's expanding IT infrastructure and attracting investments.
• Chief Minister Conrad K. Sangma said Meghalaya is focused on building a sustainable IT ecosystem through infrastructure development, industry partnerships and skill development rather than symbolic agreements.
• Industry leaders recommended measures to strengthen Meghalaya's startup ecosystem, improve ease of doing business and equip the workforce with future-ready digital skills, including artificial intelligence and cybersecurity.Read more