5 minutes ago

Siguler Guff, a US-based private equity firm, has invested USD 40 million (around INR 380 crore) in Trimex Foods, an Indian operator of global restaurant brands such as Chilli’s Grill & Bar, PAUL, and Cinnabon. The investment marks Trimex’s first institutional funding and is aimed at supporting its expansion across India and adding new international brands. Founded in 2010, the company currently runs over 50 outlets across 13 cities. The deal reflects growing investor interest in India’s organised food services sector, which is seeing rising demand for global dining experiences.Read more

35 minutes ago

The Chief Secretary of Andhra Pradesh inspected key ongoing infrastructure and development works in Amaravati during a field visit earlier this week. The review covered major projects including steel bridges under Seed Access Road Phase-3, land pooling scheme development in LPS Zone-5D, and the construction of iconic government towers. Officials presented updates on connectivity works, drainage, power networks, and administrative buildings being developed as part of the capital region plan. A detailed review meeting was also held at the APCRDA office to assess overall progress and planning for the capital city.Read more

1 hour ago

India’s peak power demand rose to a seasonal high of 240 GW in the past week, driven by rising temperatures and increased use of cooling appliances across residential and commercial segments. Data from the power ministry showed peak demand met at 240.12 GW, marking the highest level so far this summer. The surge follows fluctuating demand trends earlier in the month and comes as heatwave conditions intensify across multiple regions. Experts expect demand to rise further, potentially nearing previous highs recorded in 2023 and 2024. The government has projected peak demand to reach around 270 GW this summer, indicating continued pressure on energy infrastructure.Read more

1 hour ago

Jakson Infra has secured a USD 62.22 million power distribution contract in Angola under a World Bank-supported programme aimed at improving electricity access. The project focuses on upgrading distribution networks in Luanda to enhance supply reliability. It includes complete execution from design to commissioning. This marks another step in the company’s expansion in international markets, especially Africa. The contract also reflects growing opportunities for Indian infrastructure firms in global energy projects backed by multilateral funding agencies.Read more

2 hours ago

India’s edible oil import strategy is expected to shift from price-led procurement to supply-driven sourcing amid geopolitical tensions in West Asia, climate uncertainties, and energy market linkages, according to the Indian Vegetable Oil Producers’ Association. Speaking at an international industry conference recently, a senior IVPA official highlighted that weak monsoons, elevated crude oil prices, and rising biofuel demand are tightening global edible oil availability. India, which imports nearly 60 per cent of its edible oil requirement, is projected to maintain imports at around 16.5 million tonnes in the current oil year. While palm oil is expected to dominate the import basket due to cost advantages, policy interventions and domestic production initiatives are likely to influence future trade patterns.Read more

2 hours ago

The CREDAI–Liases Foras report on India’s residential real estate market shows strong value-led growth across 50 major cities during 2025. Primary sales reached 614,218 units with a total value of INR 8.46 lakh crore, marking a 16% rise in value terms compared to the previous year. Premium housing continued to dominate, with properties above INR 1 crore contributing 78% of total sales value. The report also highlights steady price appreciation in key cities, balanced supply conditions, and the growing economic role of real estate, which now contributes 7.1% to India’s GDP.Read more

3 hours ago

The Andhra Pradesh High Court has directed the demolition of an unauthorised beach resort near Thotlakonda in Visakhapatnam, citing violations of Coastal Regulation Zone (CRZ) norms and lack of statutory approvals. The property, originally leased by the Andhra Pradesh Tourism Development Corporation (APTDC) for a small tourism facility, was allegedly expanded into a full-scale resort with permanent structures and hospitality operations. Following inspections and a demolition order issued by the Greater Visakhapatnam Municipal Corporation (GVMC), the court upheld the action and instructed authorities to complete demolition within three weeks. The ruling reinforces regulatory oversight in coastal zones and raises scrutiny over land-use deviations in tourism-linked real estate developments.Read more

Bangalore News Desk

4 hours ago

Bengaluru’s real estate market continues to expand, supported by its long-standing technology-driven growth, strong talent base and steady infrastructure development. The city has been ranked among the leading global tech talent hubs, which has helped attract multinational companies, startups and manufacturing firms. Ongoing metro expansion and improved road connectivity have further strengthened access across Central Business District (CBD), Secondary Business District (SBD) and peripheral locations. With multiple metro lines becoming operational in phases and others expected to follow, real estate demand is shifting across office, residential and warehousing segments.Read more

4 hours ago

The Bombay High Court has dismissed a petition challenging the redevelopment of a large housing cluster in Wadala, enabling Sahakar Nagar Co-operative Housing Society to appoint a new developer after prolonged delays. The project, involving over 800 residential units across 46 buildings constructed in the late 1950s, had remained stalled for more than a decade under the previous developer. The court’s decision removes legal hurdles and permits redevelopment to move forward, offering relief to residents living in ageing structures. A mediator has been appointed to address pending disputes, while the newly selected developer is expected to undertake reconstruction, marking progress in a long-delayed urban renewal project in Mumbai.Read more

5 hours ago

Hotels in Ajman have supported a recently announced incentive package by the Ajman Department of Tourism Development, aimed at easing operational challenges in the hospitality sector. Introduced under the leadership of the emirate’s executive authorities, the measures include temporary fee deferrals, penalty waivers, and flexible payment mechanisms. Industry stakeholders indicated that the initiative comes at a time of softer occupancy levels and margin pressures, providing short-term financial relief while reinforcing long-term confidence. The move is positioned to strengthen public-private collaboration, improve the emirate’s competitiveness as a tourism destination, and sustain investment interest in the hospitality sector.Read more

6 hours ago

The Telangana Fire Department has started consultations with real estate developers to revise the Fire Services Act, 1999, with a focus on widening its scope and improving compliance. A key proposal is to include buildings below 15 metres under fire safety regulations, as most incidents occur in such structures. Authorities also plan to simplify the fire NOC process and strengthen enforcement. Industry bodies like CREDAI and NAREDCO have been involved for feedback. The move follows low compliance levels and recent inspections that exposed safety gaps across several buildings in the state.Read more

7 hours ago

The U.S. Justice Department has asked a federal court to dismiss a lawsuit blocking plans for a White House ballroom, linking the need for the project to a recent shooting incident at a Washington event attended by President Donald Trump. The case, filed by a preservation group, argues that the construction lacks congressional approval. While a district court had earlier halted parts of the project, an appeals court allowed work to continue. The matter has drawn attention due to both its legal implications and the tone of the government’s court filing.Read more

8 hours ago

Alliance City Developers Realtors Pvt. Ltd. has reported a development milestone with 19 residential projects across Mumbai over more than a decade, including 12 completed, seven ongoing, and three upcoming developments. Operating in micro-markets such as Matunga, Vile Parle, Santacruz, Malad, Borivali, and Mulund, the developer has delivered over 1.2 million sq ft of housing and handed over homes to more than 700 families. The company continues to focus on redevelopment-led projects with a defined execution timeline, supported by an active pipeline of ongoing and planned developments. Several projects are approaching completion, while new launches are being planned in established residential locations, indicating continued expansion in Mumbai’s redevelopment segment.Read more

9 hours ago

Airbus reported a sharp decline in its first-quarter performance, with profit falling significantly below market expectations due to lower aircraft deliveries. Engine supply issues from Pratt & Whitney disrupted production schedules, while administrative delays also affected deliveries to China. Despite these challenges, demand for aircraft remained stable, especially in the Middle East, driven by high fuel prices and the need for efficiency. The company has maintained its full-year targets and continues to work toward resolving supplier issues while aiming to meet its annual delivery goals.Read more

10 hours ago

Residential projects nearing completion are witnessing faster sales as homebuyers increasingly prioritise execution visibility and delivery certainty. Developments that are 80–95% complete are emerging as a preferred segment, offering a balance between pricing advantage and lower risk compared to early-stage launches. The shift reflects sustained concerns over delays despite regulatory oversight, rising ticket sizes, and a growing share of end-users in the market. In high-supply micro-markets such as Greater Noida West and Dwarka Expressway, construction progress and delivery credibility are becoming key differentiators, influencing buying decisions more than pricing or location alone.Read more

Mumbai News Desk

11 hours ago

The Supreme Court has asked Larsen & Toubro (L&T) to vacate a prime bungalow in Mumbai’s Pali Hill area, ending a legal dispute that has continued for over two decades. The property, valued at around INR 1,000 crore, was occupied by former chairman A.M. Naik. The court declined to interfere with earlier rulings, including the Bombay High Court’s eviction order. The decision reinforces ownership rights in long-pending tenancy matters and brings closure to one of Mumbai’s high-value residential property disputes.Read more

12 hours ago

Signature Global has entered into a partnership with Tonino Lamborghini to develop branded residences in Gurugram, marking the Italian brand’s entry into India’s residential real estate sector. The collaboration was formally unveiled at a high-profile event attended by industry stakeholders and company leadership from both sides. The proposed development, located along the Southern Peripheral Road, will comprise over 800 premium residences in multiple configurations, targeting the city’s growing luxury housing demand. Industry observers indicated that the project reflects a rising trend of global luxury collaborations in Indian real estate, particularly in key markets such as Gurugram. The initiative is expected to strengthen the positioning of branded residences, supported by evolving buyer preferences for design-led, globally benchmarked living experiences.Read more

13 hours ago

India’s aviation sector is witnessing steady expansion, with passenger traffic projected to reach around 500 million by 2030 and nearly 1 billion by 2047. Growth is being supported by rising demand, fleet expansion, and over 1,000 aircraft orders. The country is already among the top three domestic aviation markets, with traffic crossing 412 million in 2025. Infrastructure development, including new airports and capacity expansion, continues to keep pace. Industry experts highlighted the need for stronger hub infrastructure, reduced reliance on foreign hubs, and improved policy support to sustain long-term growth and efficiency.Read more

14 hours ago

The Belagavi City Corporation has intensified action against unauthorised constructions, including partial demolition of a multi-storey building in Maruti Galli. The move reflects a stricter enforcement approach but has also raised concerns over lack of prior notice and procedural clarity. Reports suggest some illegal structures had earlier received approvals such as completion certificates and property identification numbers, pointing to administrative lapses. The crackdown follows earlier probes into building violations and irregular approvals, bringing attention to gaps in monitoring, coordination, and accountability within the city’s planning and enforcement system.Read more

Mumbai News Desk

01 May 2026

A redevelopment proposal at the Bombay Taximen’s Cooperative Housing Society in Kurla, Mumbai, has triggered internal conflict among residents following the selection of Syba Spaces as the developer. The 8.5-acre housing complex near Bandra-Kurla Complex includes over 650 residential units and commercial spaces. Allegations of lack of transparency, quorum issues, and procedural violations during the special general meeting have been raised by dissenting members. The dispute highlights governance challenges in large-scale housing society redevelopments in Mumbai’s prime urban locations.Read more

01 May 2026

The Haryana government has proposed amendments to its building regulations to mandate electric vehicle (EV) charging infrastructure in all new residential and non-residential developments, including group housing, offices, and commercial complexes. The draft changes to the Haryana Building Code, 2017, aim to accelerate EV adoption by ensuring charging availability at the design stage. The proposal also includes provisions such as exemption of EV infrastructure from floor area ratio calculations and defined installation norms. The move aligns with the state’s broader electric mobility strategy and responds to infrastructure gaps affecting EV adoption across urban areas.Read more

01 May 2026

Rio Grande LNG, owned by NextDecade, has sought a three-year extension from the U.S. Federal Energy Regulatory Commission to complete its large-scale LNG export facility in Texas. The request follows ongoing legal disputes with environmental groups that have slowed construction progress. The project, which began construction in mid-2023 after initial approval years earlier, includes multiple production units and storage infrastructure. The first production unit is now expected to be operational by late 2027, while full completion is projected by mid-2031, with additional expansion plans still under consideration.Read more

01 May 2026

Railway authorities have stepped up restoration work on an ageing bridge near Buxar station to improve safety and maintain smooth train operations. The structure had been operating under speed restrictions due to its condition. Using a planned mega block, officials deployed additional manpower and machinery to fast-track critical repairs. The work includes structural strengthening, girder replacement, and continuous site monitoring. With rising passenger and freight traffic on this route, the restoration is being carried out on priority to reduce risks and ensure reliable operations with minimal disruption.Read more

01 May 2026

A former University of Alabama football player has pleaded guilty in a fraud case involving impersonation of NFL athletes to obtain loans and investments. Along with an accomplice, the accused used disguises, fake documents and misleading communication to secure over USD 19.8 million from lenders. The funds were later used for real estate purchases and luxury spending. Authorities highlighted the risks of identity theft and financial fraud. Sentencing for both individuals is expected later this year, with plea agreements likely to reduce prison terms.Read more

Bangalore News Desk

01 May 2026

Recent rulings by the Karnataka Real Estate Regulatory Authority (K-RERA) and appellate tribunal have enabled homebuyers in Bengaluru to seek compensation from the Bangalore Development Authority (BDA) for delays and lack of basic infrastructure. By classifying BDA as a ‘promoter’ under the Real Estate Act, regulators have extended accountability norms traditionally applied to private developers. Orders directing compensation payments for delayed amenities have created a precedent, potentially opening the door for a large number of allottees to file similar claims, particularly in long-delayed layout projects such as Nadaprabhu Kempegowda Layout.Read more

01 May 2026

Republicans in the US Congress are moving legislation to fund and accelerate construction of a USD 400 million White House ballroom proposed by President Donald Trump, citing rising security risks. The push follows a recent shooting incident linked to a large gathering Trump was expected to attend. While Trump earlier indicated the project would rely on private funding, lawmakers are now proposing taxpayer support. The move faces resistance from Democrats, with limited bipartisan backing so far. A federal judge has already ruled that the project cannot proceed without congressional approval, adding to the political and procedural challenges.Read more

01 May 2026

Work has started on a key 104.25 km stretch of the NH-43 corridor with an investment of INR 3,147 crore, forming part of the larger Raipur–Dhanbad economic corridor. The project is expected to improve road connectivity between Chhattisgarh and Jharkhand, especially across industrial and mineral-rich regions. It includes multiple bridges, flyovers and underpasses to ensure smoother and safer travel. Once completed, the corridor is likely to reduce logistics costs, cut travel time and support local economic activity across smaller towns and industrial clusters.Read more

01 May 2026

Omaxe Group has planned an investment of INR 250 crore to develop its premium residential project ‘Omaxe Cassia’ in Lucknow. The project is part of the larger 690-acre Omaxe Metro City township located on Raebareli Road. The company has already recorded strong initial sales, with around 300 units sold out of a total 360 units. The development is aligned with the company’s ongoing expansion strategy in key urban markets. Established in 1987, Omaxe has built a significant presence across India with large-scale residential and commercial developments across multiple states.Read more

01 May 2026

Vietnam’s State Treasury recorded its highest bond auction proceeds of the year in the past week, raising 16.2 trillion dong (USD 616 million), marking a sharp increase from the previous week. Demand improved significantly, with a higher subscription rate across tenures. While 5-year and 10-year bonds were fully absorbed, longer-tenure bonds saw limited participation. The government continues to rely on domestic bond markets to meet its funding target of 500 trillion dong for the year, having already mobilised 114 trillion dong so far amid steady investor interest and stable yields.Read more

01 May 2026

Mahindra Lifespace Developers Ltd reported a marginal rise in consolidated net profit for the quarter ended late in the past financial year, even as its total income recorded a significant increase. The company posted a net profit of INR 90.12 crore, up 6 per cent year-on-year, while quarterly income rose sharply to INR 723.21 crore. For the full financial year, profit and income both registered substantial growth compared to the previous year. The performance reflects higher revenue recognition and improved operational scale across its real estate portfolio during FY26, positioning the company among steadily expanding listed developers in India’s residential and integrated developments segment.Read more

01 May 2026

Neo Alternative Asset Managers has completed the first close of its second infrastructure-focused income fund, raising INR 1,500 crore out of a planned INR 5,000 crore corpus. The fund will invest in operational infrastructure assets with stable revenue streams, largely backed by government contracts. Its focus includes roads and renewable energy sectors, offering predictable long-term income. The firm, which manages over INR 25,000 crore in assets, plans to diversify through select investments such as privately listed InvITs. The move reflects growing investor interest in infrastructure as a steady income-generating asset class.Read more

01 May 2026

Authorities in Gaya have enforced a temporary ban on construction activities and land transactions in designated areas as part of a planned township development strategy. The restrictions, applicable until 2027, aim to prevent unregulated development and streamline land use planning for future urban expansion. The move is intended to facilitate structured infrastructure development while avoiding legal and ownership complications during project execution. The decision reflects a broader approach towards planned urbanisation in emerging cities, where authorities are seeking to align land use with long-term development frameworks.Read more

Mumbai News Desk

01 May 2026

A proposal of INR 3.4 crore to renovate the Mumbai mayor’s official residence in Byculla has been placed before the civic standing committee, raising concerns over high spending. The heritage bungalow, located inside Veermata Jijabai Bhosale Botanical Garden, is structurally sound but is set for extensive interior upgrades. RTI activist Anil Galgali has questioned the need for such costs, highlighting recent repairs and low maintenance spending in past years. The proposal includes new rooms, modern fittings and design upgrades, bringing focus back on transparency and prioritisation of civic funds.Read more

01 May 2026

Public Storage reported first-quarter core funds from operations (FFO) above market expectations, supported by higher occupancy and improved move-in activity. The company also managed cost pressures through its integrated operating platform, helping maintain margins. Revenue for the quarter slightly exceeded estimates. It reaffirmed its full-year FFO guidance, indicating stable outlook despite inflation concerns. In a recent strategic move, the company announced plans to acquire National Storage Affiliates in a USD 10.5 billion all-stock deal, signalling consolidation in the self-storage sector.Read more

01 May 2026

The Maharashtra government is evaluating the creation of a dedicated authority to oversee river infrastructure and pollution management projects in Pune, particularly along the Mula-Mutha river system. The move comes amid delays in ongoing projects, including sewage treatment and riverfront development, and concerns over untreated wastewater discharge. Authorities are examining governance gaps across multiple agencies involved in execution. The proposed body is expected to improve coordination, accelerate project delivery, and strengthen environmental outcomes, with implications for urban infrastructure planning and riverfront-led real estate development in Pune.Read more

01 May 2026

Authorities have registered an FIR against six officials of the Kej Nagar Panchayat in Beed district, Maharashtra, in connection with alleged irregularities involving INR 4.2 crore under the Pradhan Mantri Awas Yojana (PMAY). The case pertains to suspected misuse and diversion of housing scheme funds meant for beneficiaries. The action follows a preliminary investigation that flagged discrepancies in fund utilisation and beneficiary records. The development highlights governance and compliance concerns in the implementation of affordable housing schemes at the local level.Read more

01 May 2026

AvalonBay Communities has projected weaker-than-expected core funds from operations (FFO) for the upcoming quarter, reflecting subdued rental demand across key US markets. The company cited continued high borrowing costs, cautious consumer spending, and delays in home-buying decisions as key factors impacting leasing activity. While first-quarter performance slightly exceeded expectations, pressure from new apartment supply and slower demand in regions such as Seattle and Northern California is expected to weigh on near-term performance. The outlook indicates ongoing challenges for residential real estate despite stable operational fundamentals.Read more

01 May 2026

House of Hiranandani has secured redevelopment rights for an approximately 3-acre land parcel in Borivali West, Mumbai, where it plans to develop a premium residential project. The project is expected to generate around INR 3,000 crore in revenue from a saleable carpet area of 7.6 lakh sq ft. The development will include rehabilitation for existing residents alongside over 850 new homes for sale. The project reflects continued redevelopment-led supply in Mumbai’s suburban markets, where land availability remains constrained and developers are increasingly relying on redevelopment opportunities to expand their portfolios.Read more

01 May 2026

Brigade Hotel Ventures reported a consolidated net profit of INR 64.59 crore for FY26, marking a sharp increase of around 173% compared to the previous financial year. The company’s total income rose to INR 543.44 crore, reflecting steady growth in hospitality operations. The performance was supported by higher average room rates and improved revenue per available room across its portfolio. The results indicate continued recovery and expansion in the hotel sector, driven by domestic travel demand and operational efficiencies across Brigade’s hospitality assets.Read more

01 May 2026

The Reserve Bank of India has launched Mission SAKSHAM, a capacity-building initiative aimed at strengthening the urban cooperative banking (UCB) sector. The programme will cover around 1.40 lakh participants across board members, senior management, and key functional roles through structured training modules. Designed in consultation with sector bodies, the initiative seeks to improve governance standards, compliance culture, and operational resilience. The move comes amid ongoing regulatory efforts to stabilise and modernise the UCB segment, which plays a key role in credit delivery across urban and semi-urban markets, including real estate-linked lending.Read more

01 May 2026

Reliance Industries is planning to invest around INR 1.6 lakh crore, or over USD 17 billion, to develop a 1.5 gigawatt data centre cluster in Visakhapatnam, Andhra Pradesh. The project will be executed in phases and supported by captive renewable energy and storage systems. It is expected to be the largest such facility in India. The investment comes amid rising demand for AI, cloud and data services, and is likely to strengthen the state’s position as a key destination for digital infrastructure development.Read more

01 May 2026

Brigade Enterprises Ltd has acquired a 5.72-acre land parcel in Osman Nagar, Hyderabad, through an auction conducted by the Telangana Industrial Infrastructure Corporation in the past week. The outright purchase, valued at around INR 250 crore, translates to approximately INR 44 crore per acre, excluding registration costs. The company intends to develop a residential project on the site, aligning with its continued focus on Hyderabad as a growth market. The acquisition reflects Brigade’s strategy of securing development-ready land parcels in key urban centres, where demand for premium housing remains steady amid expanding infrastructure and employment corridors.Read more

01 May 2026

The Telangana government is set to increase property registration values from the first week of May after holding rates steady for about a year due to weak market conditions. The revision aims to align government values with actual market prices and improve state revenue. At the same time, the government is reviving the Hyderabad Industrial Land Transformation (HILT) policy to enable conversion of industrial land through a structured process. While the move may raise transaction costs for buyers, it is expected to improve transparency and support better land utilisation across urban and industrial areas.Read more

01 May 2026

The National Highways Authority of India (NHAI) has issued directives to contractors and concessionaires to implement staggered working hours for highway construction workers to avoid peak heat periods between midday and late afternoon. The guidelines, released in the past week, introduce mandatory safety protocols across construction sites, maintenance operations, and toll plazas. Measures include worker acclimatisation, emergency preparedness, and training to handle heat-related illnesses. The move follows rising temperatures across the country and aims to safeguard labourers and highway personnel while maintaining operational continuity across national highway projects.Read more

01 May 2026

Alexandria Real Estate Equities reported a decline in its first-quarter performance, impacted by weaker leasing demand amid ongoing macroeconomic uncertainty. The company saw a drop in both adjusted funds from operations and revenue compared to the previous year, with figures slightly missing analyst expectations. It also indicated that construction spending beyond 2026 could reduce depending on market conditions. The update reflects continued caution among tenants, particularly in the life sciences sector, while the company maintains a steady outlook for its full-year earnings guidance.Read more

01 May 2026

Union Minister Nitin Gadkari has raised concerns over persistent delays and cost overruns in road construction projects executed by the Border Roads Organisation, particularly in border areas. Speaking at an infrastructure conference in the past week, he emphasised the need to modernise execution systems, improve planning, and accelerate decision-making processes. The minister highlighted issues such as land acquisition delays, weak project reporting, and lack of contractor accountability. He also indicated that the government is working to revise the model concession framework for BOT projects, while stressing the importance of quality control and transparency in highway development.Read more

01 May 2026

Vihang Ahead has entered into an agreement with Radisson Hotel Group to develop two hotel properties in Thane and Mira Bhayandar, adding a combined 217 keys to its hospitality portfolio. The projects, to be developed with an investment of around INR 200 crore through internal accruals, are expected to be operational over the next three to five years. The move reflects a strategic expansion into hospitality within high-growth urban clusters in the Mumbai Metropolitan Region. The developments are also expected to generate local employment while aligning with rising demand from business and MICE segments in emerging suburban markets.Read more

Mumbai News Desk

01 May 2026

The Bombay High Court has allowed a Wadala-based housing society to appoint a new developer after its redevelopment project remained stalled for several years. The court rejected the original developer’s plea to stop the move, observing that there was no meaningful progress despite being appointed long ago. The project involves 46 buildings and nearly 900 occupants. The court emphasised that residents cannot be made to wait indefinitely for redevelopment, especially in ageing structures, and said their right to timely and safe housing must take priority over a developer’s commercial interests.Read more

01 May 2026

Saba Capital Management is preparing to raise around USD 1 billion through a new investment vehicle aimed at acquiring stressed private credit funds. The move comes as redemption pressures rise across business development corporations and interval funds, limiting investor liquidity. The firm’s earlier discounted buyout offers for funds linked to Blue Owl and Starwood saw limited participation, but still supported its broader strategy. Increasing regulatory scrutiny and weaker return expectations in private credit markets have created opportunities for investors willing to buy distressed assets at discounts.Read more

01 May 2026

The Executive Centre (TEC), a Hong Kong-based managed office space provider, has expanded its presence in India by leasing around 90,000 sq ft across Mumbai and Pune. The company plans to set up three new co-working centres, adding over 1,000 workstations. This move comes amid rising demand for flexible workspaces, which now account for a notable share of Grade A office leasing. Industry data shows strong growth in co-working space absorption, while TEC is also preparing to raise up to INR 2,600 crore through an upcoming IPO, indicating its broader growth strategy in India.Read more