Bangalore News Desk

09 Jan 2026

India's office real estate market recorded its strongest performance in 2025, led by Bengaluru, which emerged as the country's largest and most active office hub. Gross leasing across eight major cities touched an all-time high of 86.4 million square feet, reflecting sustained occupier confidence despite global uncertainties. Bengaluru alone accounted for 28.7 million square feet of leasing, marking its highest-ever annual absorption, largely driven by strong demand from global firms setting up Global Capability Centres. Other southern cities such as Hyderabad, Pune and Chennai also reported healthy growth, while eastern markets like Kolkata posted a sharp rebound. In contrast, select northern and western markets saw moderation in activity. Overall, the leasing trends indicate a structural shift towards globally aligned demand patterns, with technology-led occupiers, GCCs and flexible workspace operators playing a pivotal role.Read more

Kolkata News Desk

08 Jan 2026

Kolkata's office real estate market delivered its best performance in more than ten years during 2025, driven by a sharp rise in leasing activity and rental growth. Annual office leasing volumes rose 69 per cent year-on-year to 2.3 million square feet, marking the first time the city crossed the 2 million sq ft milestone. Office transactions in the second half of the year also recorded robust growth, while rents increased at the fastest pace among major Indian office markets. Residential demand remained steady, supported by improving developer confidence, rising new launches and declining unsold inventory, reinforcing Kolkata's position as an affordable and stable real estate market.Read more

08 Jan 2026

IRB Infrastructure and Developers recorded a 12 per cent year-on-year rise in toll revenue in December 2025, reflecting consistent traffic growth across its national highway and expressway assets. Total toll collections for the month stood at INR 754 crore, driven by strong performance from key road projects in Maharashtra, Gujarat and Telangana. The company's revenue momentum was supported by steady economic activity and increased vehicle movement, reinforcing the resilience of toll-based infrastructure assets. Alongside the improved monthly performance, IRB has continued to expand its portfolio through asset acquisitions, including a recently secured toll-operate-transfer project in Odisha. This expansion is expected to further strengthen its revenue base and support long-term growth. With a large and diversified asset portfolio spread across multiple states, the company remains well positioned to benefit from sustained infrastructure usage and traffic recovery trends.Read more

08 Jan 2026

Simon Property Group Inc has raised USD 800 million by selling senior notes, according to information reported earlier this week. The issuance adds to the company's long-term funding pool and reflects its continued access to debt capital markets. Senior notes, which hold higher repayment priority, are commonly used by large real estate firms to manage liquidity and refinance obligations. The move aligns with Simon Property Group's established approach to balance sheet management, which has historically supported asset upgrades, redevelopment projects, and financial stability across its global retail property portfolio.Read more

08 Jan 2026

The New Delhi Municipal Council has presented a surplus budget for the 2026-27 financial year, projecting a net surplus of INR 143.05 crore while keeping property tax rates unchanged. The budget outlines total receipts of INR 5,953.07 crore against an expenditure of INR 5,810.02 crore, continuing NDMC's surplus-driven fiscal approach. Key announcements include the installation of over 2,000 CCTV cameras across Lutyens Delhi under the Safe City initiative, major investments in power and water infrastructure, and an aggressive push towards renewable energy. The civic body has also prioritised education, environmental sustainability and modern urban services, while aiming to balance development with heritage conservation and citizen welfare.Read more

08 Jan 2026

Inox Clean Energy has raised INR 3,100 crore through an equity funding round, diluting nearly 6 per cent stake at a pre-money valuation of about INR 50,000 crore. The round saw participation from major global and domestic investors, including CalPERS and several family offices. The funds will be used to expand IPP and solar manufacturing capacity and support the company's target of 10 gigawatts by FY28. The fundraise follows recent acquisitions adding 1.6 gigawatts of renewable assets.Read more

Mumbai News Desk

08 Jan 2026

The Railway Land Development Authority (RLDA) has received a bid of INR 1,368 crore from Dineshchandra R Agrawal Infracon for the redevelopment of the nearly six-acre Supari Baug colony in central Mumbai's Parel area. The land is being offered under a revenue share model with a 99-year lease. The effective reserve price was set at INR 1,343 crore after carving out INR 390 crore for the rehabilitation of the existing railway colony. The single bid will undergo technical and financial evaluation, while authorities may consider re-tendering to attract more competition.Read more

08 Jan 2026

Adani Enterprises Limited (AEL) successfully raised INR 1,000 crore through its latest public issue of non convertible debentures, which was fully subscribed in around 45 minutes. The base portion of INR 500 crore was taken up in just 10 minutes, reflecting strong demand from retail, institutional, and non institutional investors. The bonds, carrying yields up to 8.90 per cent, are rated by CARE Ratings and ICRA and will be listed on both BSE and NSE. The proceeds are intended for debt repayment and general corporate purposes, reinforcing investor confidence in the company.Read more

08 Jan 2026

Mangaluru City Corporation (MCC) has launched a comprehensive ward-wise property survey to improve property tax records and increase revenue collection. The survey started with an initial phase covering three wards and is planned for all 60 city wards. With records showing 2,22,256 properties and around 90,000 yet to be verified, the survey aims to identify unassessed buildings, new constructions, and unregistered units. Revenue officials have prepared the process with discussions on inspection methods and data collection tools to ensure accurate and reliable property information.Read more

07 Jan 2026

CMS Info Systems has signed a 10-year, INR 1,000 crore contract with SBI to manage 5,000 ATMs nationwide, marking the first major direct cash outsourcing deal for a public sector bank. The contract, expected to generate an additional INR 500 crore in revenue, focuses on improving cash efficiency and ATM uptime for millions of customers. CMS played a vital role in stabilizing ATM operations during disruptions in 2025, and the announcement boosted the company's share price significantly.Read more