17 Feb 2026

Adani Airport Holdings Ltd (AAHL) is planning to raise up to INR 1,500 crore by issuing three-year bonds at an 8.45% interest rate, with quarterly payouts. The proposed bond sale aims to consolidate debt across six of AAHL's airports at Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram, and includes a restriction on additional borrowing, according to people familiar with the matter. India Ratings has assigned an AA- rating to the issue. AAHL has previously used non-convertible debentures for capital expenditure and continues to access the domestic debt market as activity picks up.Read more

16 Feb 2026

Hyderabad-based Sigma Advanced Systems has acquired Delhi-based AS Strategic for INR 30 crore to strengthen its global aerospace and defence platform, particularly across Europe. The acquisition adds an order book of over INR 315 crore linked to active European defence programmes and brings long-standing joint ventures and service partnerships with global original equipment manufacturers. The transaction enhances Sigma's presence in defence services, engineering and programme participation, supporting its transition from a component supplier to a deeper systems-level partner with long-term international defence customers.Read more

16 Feb 2026

US-based semiconductor equipment major KLA Corporation has committed an investment of USD 400 million (around INR 3,600 crore) to establish its global research and development and innovation hub in Chennai, Tamil Nadu Industries Minister T R B Rajaa announced. The 12-acre campus is expected to generate 4,000 high-skilled jobs and become KLA's largest integrated R&D facility outside its global headquarters. The MoU was signed with Guidance Tamil Nadu in the presence of Chief Minister M. K. Stalin. The facility will focus on advanced research in high-performance computing, AI-driven semiconductor innovation and process control engineering software, reinforcing Tamil Nadu's ambition to build a robust semiconductor ecosystem.Read more

16 Feb 2026

Housing prices in Delhi-NCR rose 6 per cent in 2025, marking a sharp moderation after a 49 per cent surge in 2024, according to data from PropTiger, recently acquired by Aurum PropTech. Across the top eight cities, average housing price growth slowed to 6 per cent in 2025 compared with 17 per cent in 2024. Bengaluru recorded the highest annual rise at 13 per cent, while prices in Chennai remained flat. The report noted that resilient pricing and moderated sales volumes reflect a supply-calibrated market where developers maintained price discipline. Analysts attribute the slowdown to softer demand following steep price increases between 2022 and 2024, even as cities like Bengaluru and Ahmedabad continued to see healthy appreciation driven by end-user demand and economic activity.Read more

16 Feb 2026

The Reserve Bank of India (RBI) has proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with safeguards, including a cap of 10% of a bank's eligible capital base and strict monitoring of end use of funds. In a draft circular, the central bank said only listed REITs with at least three years of operations and positive net distributable cash flows in the previous two financial years would be eligible. The RBI also proposed that aggregate exposure to a borrowing REIT and its special purpose vehicles should not exceed 49% of asset value as of March 31 of the previous financial year. The draft norms, open for feedback until March 6, are expected to come into force from July.Read more

16 Feb 2026

Bihar has requested the Centre to release a pending INR 3,000 crore under the Pradhan Mantri Awas Yojna Gramin (PMAY-G) to expedite rural housing construction. State Rural Development Minister Sharwan Kumar informed that while INR 91 crore was released recently, it was distributed without an operational Single Nodal Agency (SNA) account, delaying further disbursements. The state is establishing its SNA account to directly transfer funds through PFMS AwaasSoft. More than 12 lakh pucca houses have approval, but over 72,000 beneficiaries are still awaiting their first instalment.Read more

16 Feb 2026

Canara Bank has initiated a debt auction worth INR 577 crore for Supreme Housing and Infrastructure Limited as part of recovery efforts during the company's insolvency process. The lender has invited bids from financial institutions and asset reconstruction companies to acquire the non-performing loan, which relates to several residential and commercial real estate projects developed by the Supreme Group. The move follows the initiation of corporate insolvency resolution proceedings, with the National Company Law Tribunal appointing a resolution professional to manage the process. Canara Bank's auction is aimed at improving asset recovery and enabling the continuation or completion of ongoing projects under the oversight of the resolution professional. The bank's action is part of broader efforts by lenders to resolve stressed assets in the real estate sector.Read more

15 Feb 2026

IndiQube Spaces Ltd reported a consolidated net loss of INR 17.06 crore for the third quarter of financial year 2025-26, according to a regulatory filing, compared with a profit in the year-ago period. The company's total income declined to INR 79.76 crore from INR 121.28 crore in the corresponding quarter. The results reflect lower revenue from its co-working and managed office portfolio amid evolving demand patterns in India's commercial real estate sector. IndiQube, a provider of flexible workspace solutions across major cities, continues to focus on scaling its managed space offerings and tenant mix diversification. The company did not provide detailed segment or location-wise performance data in the filing. Market watchers will monitor future quarterly trends to assess whether revenue-enhancing measures and cost optimisation strategies help return the business to profitability.Read more

15 Feb 2026

The Chandigarh administration has identified nearly 1,000 vacant government-owned properties for phased e-auction from the start of the next financial year as part of efforts to bolster revenue and ensure optimal land utilisation across the Union Territory. The properties span residential, commercial, industrial and institutional categories, including sites in key sectors and industrial zones. Officials said the administration expects to generate more than INR 1,000 crore in revenue through these auctions during the first two quarters, with monthly e-auction sessions to maintain transparency and efficiency. Unsold assets will be re-auctioned as required. Authorities also cited the initiative as a way to reduce maintenance costs, prevent illegal encroachments and support activity in the local real estate market, building on previous revenue earned from similar property sales.Read more

15 Feb 2026

Dubai's residential real estate market is evolving into a dual-track structure, where homes increasingly function as lifestyle assets rather than conventional housing, according to Talal M. Al Gaddah, CEO and Founder of luxury brand Keturah. He said the market is moving away from high-volume, speculative development towards purpose-led, wellness-integrated projects focused on long-term liveability. As the sector matures in 2026, standard residential supply is expected to face slower absorption and compressed margins, while experience-driven developments are likely to outperform. Demand, he noted, is consolidating around projects that emphasise privacy, quality, sustainability and community, supported by Dubai's stable regulatory environment and rising interest from global investors seeking capital preservation and lifestyle integration.Read more