The Delhi Development Authority (DDA) has sanctioned a series of major reforms intended to reinvigorate Delhi's commercial real estate market. Amalgamation charges for commercial properties have been reduced from 10% to 1% of the circle rate, and the auction multiplier lowered from 2x to 1.5x. These decisions are designed to counterbalance the capital's long-standing regulatory cost disadvantage compared to neighbouring cities. Additionally, DDA approved land use changes in Narela to establish an educational and sports hub and announced a premium housing scheme for 2025 with 177 units across prime locations.Read more

IIFL Home Finance has secured a USD 100 million, five-year loan from AIIB to expand lending for affordable and low-cost housing development, marking AIIB's first such partnership with the firm. The loan carries an 8.58% cost per annum, includes a 1.5-year moratorium, and promotes green building practices. Serving underserved regions across 18 states, IIFL Home Finance already manages INR 40,000 crore in assets, two-thirds of which are affordable housing loans. This marks a significant step toward meeting housing demand among EWS/LIG families while advancing eco-friendly infrastructure in line with India's climate ambitions.Read more

INOX Clean Energy has filed draft papers with SEBI for an Initial Public Offering (IPO) to raise INR 6,000 crore, potentially becoming India's largest clean energy IPO. The company aims for a market capitalization of around INR 50,000 crore with over 10% equity dilution. Proceeds are set aside for new solar and IPP facilities. INOX Clean Energy operates 157 MW and has 400 MW under construction, with a 2.2 GW pipeline. The firm expects INR 6,500 crore capex, funded by debt and accruals, but requires additional equity for manufacturing units.Read more

The Lucknow Development Authority (LDA) has transferred maintenance of four sectors in Gomtinagar Extension to the Lucknow Municipal Corporation (LMC), providing INR 40 crore for civic amenities. This investment targets drinking water and sewerage upgrades, including extending water pipelines and sewer lines, installing new tubewells, and repairing existing infrastructure. The move, initiated by the LDA vice-chairperson, aims to improve services for residents. The Jal Kal Department will execute the work, which also involves cleaning sewer lines and repairing manholes, signaling efforts to enhance urban infrastructure in Lucknow.Read more

Valor Estate, formerly DB Realty, has emerged as the highest bidder for Lavasa Corporation, offering INR 771.09 crore for the hill city project near Pune. The bid is part of an ongoing insolvency resolution process for the debt-laden project, which has over INR 6,642 crore in liabilities. The resolution plan is in draft stage, subject to environmental clearances. This marks the third attempt to resolve Lavasa's insolvency after previous bids failed. The Committee of Creditors will negotiate further to maximize the offer, with a 90-day extension invoked for final evaluation due to complexities.Read more

Henderson Land Development plans to raise HKD 8 billion (USD1.02 billion) through convertible bonds for general corporate purposes and refinancing.The Hong Kong property developer?s shares fell by as much as 1136 per share, potentially increasing equity capital by 4.6%. This move comes amid market uncertainty, with Hong Kong home prices down 30% from 2021 and record office vacancy rates, influencing a major landlord in the Central Financial District.Read more

The central government has granted tax-saving status to IREDA Ltd.'s bonds under Section 54EC of the Income Tax Act, effective July 9, 2025. This allows investors to save capital gains tax up to INR 50 lakh on five-year redeemable bonds. The initiative aims to facilitate low-cost fundraising for renewable energy projects that can self-service debt. It strengthens India's renewable energy financing ecosystem, contributing to the nation's 500 GW non-fossil fuel capacity target by 2030.Read more

The National Highways Authority of India (NHAI) plans to bid out 124 highway and expressway projects valued at INR 3.4 lakh crore in FY26. This initiative aims to address a slowdown in awards and build developer confidence. Nearly 78% of these projects will be offered under a Public-Private Partnership model, with the rest government-funded. Notable projects include the Gorakhpur-Kishangan-Siliguri highway and the Patna-Purnea stretch. NHAI has made the full project list public to prepare developers for this revitalization of India's road infrastructure.Read more

Telangana Chief Minister Shri A Revanth Reddy held discussions with Union Commerce and Industry Minister Shri Piyush Goyal, pressing for the immediate release of INR 596.61 crore approved by NICDIT for the Zaheerabad Industrial Smart City project. He also sought central assistance for infrastructure works including power and water supply. Additional requests included support for the Hyderabad-Warangal Corridor, expediting Warangal Airport development, approving the Hyderabad-Bangalore Aero-Defence corridor, and endorsing 100 proposed plug-and-play industrial parks across the state.Read more

NABARD Chairman Shaji KV announced that the IT integration of Regional Rural Banks (RRBs), following the recent amalgamation under the 'One State One RRB' framework, is slated for completion by mid-September. With 28 RRBs now operational across 26 states and 2 Union Territories, efforts are underway to build a common digital infrastructure to better serve rural India. NABARD is digitising agri value chains, enabling blockchain-based crop traceability, and enhancing financial access through business correspondent networks. It is also supporting new tech stacks for agriculture, fisheries, and cooperatives, with 70,000 cooperatives already digitised.Read more

Logan Group, a Shenzhen-based developer, has secured full bondholder approval for a comprehensive debt restructuring. This covers 21 onshore corporate bonds and asset-backed securities issued by its unit. The move comes amidst a prolonged liquidity crisis affecting many Chinese property developers. The restructuring offers bondholders options like asset conversions or cash repurchase. This approval could set a precedent for other struggling developers in China's real estate market as they navigate ongoing challenges.Read more

Singapore has reduced the waiting time for tax incentives for family offices from 12 months to three months. This move aims to attract ultra-rich individuals and strengthen Singapore's position as a global wealth hub. The number of single family offices in Singapore surged to 2,000 in 2024, a 21% increase. Despite growth, the Monetary Authority of Singapore (MAS) has faced scrutiny over anti-money laundering safeguards, leading to fines for financial institutions after a major laundering case. Singapore seeks to balance attracting wealth with maintaining financial integrity.Read more

The Karnataka government plans to establish a special 'Recovery Cell' to address over INR 724 crore in dues from 1,500+ builders defying RERA orders, with INR 710 crore in Bengaluru alone. Led by a special deputy commissioner, the cell will implement RERA orders, treating dues as land revenue arrears and taking coercive actions like attaching properties. This initiative aims to provide relief to homebuyers who have not received property ownership or compensation despite RERA directives. It seeks to strengthen enforcement and ensure justice in the state's real estate sector.Read more

Capgemini is set to acquire WNS for USD 3.3 billion in an all-cash transaction, offering USD 76.50 per share. The deal aims to enhance Capgemini's Digital BPS and Intelligent Operations capabilities. WNS, headquartered in Mumbai, operates 25 delivery centers in India, employing nearly 40,000 people and contributing over 50% of its global revenue. The acquisition, expected to close by year-end, will create a global leader in Digital BPS, integrating AI and technology solutions for enterprise transformation.Read more

The Meghalaya government has sought financial backing of INR 2,270 crore from the Union Ministry of Power to fund critical power transmission projects, as confirmed by state Power Minister Abu Taher Mondal during the 16th National Power Committee meeting. The proposed plan, already approved by the Central Electricity Authority (CEA), aims to increase transmission capacity by 760 MVA and extend the network by 190 circuit kilometres. Mondal emphasised the strategic need for new infrastructure, particularly in areas near the Bangladesh border, while also highlighting funding hurdles and cyber threat concerns.Read more

Union Minister Shri Jyotiraditya Scindia announced that the Centre has invested INR 5 lakh crore in the North East over 11 years, aiming to make it a key player in India's economic transformation. Covering all eight northeastern states, the funds support infrastructure, welfare, and industry. Scindia highlighted that the region's annual growth rate of 11-13% outpaces the national average of 6-7%. At the 'Rising North East' summit, private sector proposals worth INR 4 lakh crore were received, indicating strong investor confidence. Scindia emphasized the region's potential to shape both national and global development, as the government works to foster inclusive, sustainable growth across India's historically underserved states.Read more

India's cement demand is projected to grow by 7-8% in FY26, driven by real estate activity and government housing and infrastructure initiatives. According to an Axis Securities report, this follows a recovery in demand during the latter half of FY25. Despite a subdued start to FY25, strong momentum is expected to continue into Q1 FY26. Cement output in April-May 2025 increased by 8%. While pricing may remain competitive, sustained volume growth is anticipated, backed by increased government capital expenditure and a revival in construction.Read more

Bain Capital has reduced its holding in Embassy Office Parks REIT by offloading a 1.87% stake for INR 691 crore through an open market transaction. The US-based firm's affiliate, APAC Company XXIII, sold over 1.78 crore units at an average price of INR 388 each. This move follows Embassy REIT's recent fundraise of INR 1,550 crore via debentures and bank loans aimed at refinancing debt. The REIT currently operates a 51.1 million sq ft portfolio of commercial office spaces across major Indian cities.Read more

CBRE's latest survey, conducted in collaboration with the USGBC North Asia Office, highlights the evolving role of Chief Sustainability Officers (CSOs) in Asia Pacific's real estate sector. Nearly 90% of landlords and investors now maintain dedicated sustainability functions. CSOs are being tasked with delivering measurable returns while aligning green initiatives with financial goals. Over 60% face increased tenant demands for sustainability, and decarbonisation has become vital to retain occupancy. Despite this, most asset owners are in the early stages of climate risk assessment, and resource expansion remains conservative amidst economic uncertainty.Read more

Amazon India has announced the launch of more than 30 new delivery stations across Tier II and Tier III cities such as Nagpur, Panchkula, Howrah, Indore, Mohali, and Hubli. This move is part of its broader expansion to strengthen last-mile logistics, adding to its network of 2,000 existing centres nationwide. The company has also confirmed an investment of over INR 2,000 crore to scale up its pan-India operations. According to Amazon, the new stations will significantly enhance same-day and next-day delivery capabilities, not only in the identified cities but also in nearby regions.Read more