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

The Executive Centre plans 4,65,000 sq ft flexible workspace expansion across Bengaluru, Hyderabad and Chennai amid rising GCC demand

17 May 2026

Premium flexible workspace operator The Executive Centre has announced a major expansion across South India with plans to add nearly 4,65,000 sq. ft. of office space and more than 6,000 workstations in Bengaluru, Hyderabad and Chennai. The expansion includes multiple centres across key commercial districts and is aimed at addressing rising demand from Global Capability Centers (GCCs), multinational companies and domestic enterprises seeking managed office solutions. Bengaluru will see three new centres, while Hyderabad will house TEC’s largest upcoming managed office facility spanning over 2,04,000 sq. ft. Chennai will add a new centre at DLF Downtown 2. The company said the expansion aligns with increasing occupier preference for premium, scalable and flexible office environments across South India’s major commercial markets.Read more

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South Delhi luxury floors record up to 32% price growth in Q1 2026 as Category B colonies outperform premium enclaves

16 May 2026

Golden Growth Fund has reported continued price appreciation in South Delhi’s luxury floor market during the first quarter of 2026, with Category B colonies registering stronger annual growth than Category A neighbourhoods. According to the fund’s latest market assessment, prices of luxury builder floors in Category B colonies increased between 23% and 32% year-on-year, while Category A colonies recorded growth between 14% and 22%. The report noted that prices for premium floors in Category A locations ranged from INR 19.5 crore to INR 40 crore on average, whereas Category B colonies recorded average pricing between INR 10.75 crore and INR 16.5 crore. The fund attributed the demand momentum to limited supply, rising migration of affluent buyers within Delhi and sustained investor interest in established luxury residential micro-markets despite wider real estate market moderation.Read more

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Nature-led wedding destinations near Delhi drive tourism and second-home demand along expressway corridors

16 May 2026

Nature-oriented wedding destinations and farmhouse communities near Delhi NCR are increasingly influencing tourism activity and real estate demand along emerging expressway corridors such as the Delhi–Mumbai Expressway. Locations like Naugaon, situated near the Aravalli belt, are witnessing growing interest from families seeking destination-style wedding venues within driving distance of Delhi. Industry stakeholders indicate that buyers and event organisers are increasingly prioritising open landscapes, lower-density environments and experiential gatherings over conventional large-format urban venues. According to Vijay Ram Rattan, Chairman of Ram Rattan Group, demand is shifting towards spaces that combine accessibility, privacy and extended social experiences. The trend is also supporting growth in elevated farmhouse communities, weekend home developments and hospitality-linked real estate formats across peripheral regions connected through new infrastructure corridors.Read more

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Nxt-Infra Trust reports September half-year results and proposes acquisition of additional road asset

15 May 2026

Nxt-Infra Trust has reported its unaudited financial results for the quarter and half year ended 30 September 2025 while separately announcing plans to acquire an additional road asset, Calicut Expressway Private Limited (CEPL), from Actis Roadways Holdings Limited. The infrastructure investment trust reported total income of INR 3,143.84 million for the half year ended September 2025 and approved a distribution of INR 3.3128 per unit to unitholders. The InvIT, sponsored by Actis Highway Infra Limited, currently holds five road infrastructure subsidiaries and one joint venture acquired in 2024. The proposed CEPL acquisition forms part of the trust’s ongoing expansion of its operational road asset portfolio. The acquisition remains subject to execution of definitive agreements, fulfilment of conditions precedent and regulatory approvals.Read more

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Brookfield India REIT reports 52% rise in quarterly NOI and declares INR 456 crore distribution to unitholders

15 May 2026

Brookfield India Real Estate Trust has reported a 52 per cent increase in net operating income for the quarter ended March 2026, supported by higher leasing activity and improved occupancy across its office portfolio. The REIT declared a distribution of INR 456.43 crore, or INR 5.50 per unit, for the March quarter, taking total FY26 distributions to INR 1,516.17 crore. The company recorded gross leasing of 4 million sq ft during the financial year, while occupancy rose five per cent year-on-year. During the year, the REIT also acquired the Ecoworld office asset in Bengaluru to expand its portfolio scale and diversification. Brookfield India REIT currently manages 11 Grade A office assets across major Indian cities with a total leasable portfolio of 37 million sq ft.Read more

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Nexus Select Trust reports 12% rise in quarterly NOI and advances expansion strategy through retail asset acquisitions

14 May 2026

Nexus Select Trust reported a 12 per cent increase in net operating income (NOI) during the quarter ended March 2026 and announced a distribution of INR 346.3 crore to unitholders. The retail-focused real estate investment trust (REIT), which owns 19 shopping malls across 15 Indian cities, recorded quarterly NOI of INR 498.6 crore. During FY26, the REIT reported annual NOI of INR 1,929.6 crore and declared total distributions of INR 1,375.8 crore, equivalent to INR 9.081 per unit. The company is pursuing an expansion strategy aimed at doubling its portfolio by 2030 and recently announced the acquisition of Diamond Plaza mall in Kolkata. Nexus Select Trust currently has a retail portfolio spanning 10.7 million sq ft along with hotel and office assets across multiple Indian markets.Read more

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Anant Raj reports 25% rise in fourth-quarter net profit on higher income

14 May 2026

• Anant Raj Ltd reported a 25% increase in consolidated net profit for the quarter ended March 2026, supported by higher income growth.
• The company posted a net profit of INR 148.71 crore during the quarter, compared with INR 118.79 crore in the corresponding period of the previous financial year.
• Total income for the January–March quarter rose to INR 675.41 crore from INR 550.90 crore a year earlier.
• For the full 2025–26 financial year, the developer recorded profit growth to INR 557.02 crore, while annual income crossed INR 2,579 crore.
• The Delhi-NCR-focused developer continues to expand its operational and financial performance amid sustained activity in the residential property market.
Read more

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SK Curated Luxury Fund invests INR 63 crore in Goa luxury villa project

13 May 2026

ASK Curated Luxury Asset Fund I, a real estate investment platform co-sponsored by India Sotheby’s International Realty and ASK Property Fund, has made its first investment in Goa by committing INR 63 crore to a luxury housing project. The investment has been directed towards “Ananda Nilaya,” a villa development by Priority Group in Arpora, North Goa. Spread over 5.12 acres, the project will feature 28 villas and has received all key approvals, including RERA clearance. The developer has a long track record in Goa’s residential market with multiple completed and ongoing projects.Read more

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Nirala World to invest INR 525 crore in Greater Noida shopping mall project

13 May 2026

• Nirala World has announced plans to develop a premium shopping mall project, ‘Nirala Diadem’, in Greater Noida as part of its commercial real estate expansion strategy.
• The mall will be developed on a 2.5-acre land parcel, with a total planned investment of INR 525 crore.
• The developer has already invested INR 175 crore towards land acquisition, while INR 350 crore has been earmarked for construction activities.
• The project is scheduled for completion in the early part of 2030 and is aimed at addressing growing retail space demand in Greater Noida.
• The company currently has an existing portfolio of residential and commercial developments across Greater Noida and Greater Noida West.
Read more

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Nexus Select Trust nears INR 1,300 crore acquisition of Galaxy Group’s mixed-use project in Guwahati

13 May 2026

• Blackstone-backed Nexus Select Trust is close to acquiring Galaxy Group’s mixed-use project in Guwahati for nearly INR 1,300 crore.
• The development spans around 1.2 million sq ft and includes retail, office and hospitality components.
• The project is currently under construction and is expected to strengthen Nexus Select Trust’s presence in eastern and northeastern India.
• The deal reflects growing institutional interest in retail-led and mixed-use developments in emerging Tier-II cities.
• Guwahati has been witnessing rising commercial activity due to improving infrastructure, urbanisation and increasing consumer demand.
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