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SECTOR | 01 Sep 2025

Re-export of goods from DTA to SEZ must get drawback U/S 74 of CA62

Business Standard

I think the CBIC should take note of the difficulties of the trade and amend the definition of 'export' at Rule 2(b) of Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995.

Government Weighs Easing SEZ Norms To Cushion Exporters From US Tariffs

NDTV Profit | 01 Sep 2025 1 more

Realty

SECTOR | 01 Sep 2025

Rent-buy gap widens as EMIs outpace rentals in Indian metros

Business Line

Luxury homes witness stabilised demand despite slowdown in other sectors

Realty

SECTOR | 01 Sep 2025

India's office market speeds up institutionalisation with more Reits ahead

Business Standard

India's office real estate is shifting from fragmented ownership to institutionalisation with rising Reit penetration, global investors, and growing demand from multinational occupiers

Realty

SECTOR | 01 Sep 2025

Excel Infra to invest 252 cr in luxury housing project in Mumbai

Business Standard

Realty firm Excel Infra Construction on Monday said it will invest Rs 250 crore to develop a housing project in Mumbai. In a statement, the company said it has launched a luxury residential project at Bandra Reclamation with an investment of Rs 252 crore. The funding will be through a mix of equity and Alternative Investment Fund (ATF) structured as non-convertible debentures. The company expects revenue of Rs 400 crore from this project, comprising a 33-storey residential tower comprising 96 units. The apartments in the project named 'Bellissima' are being sold at Rs 51,500 per square feet. "With a well-structured investment and the adoption of advanced construction technology, we are confident of delivering a project much ahead of the scheduled date of delivery," said Virendra Vora, Promoter and Managing Partner, Excel Infra Construction. Excel Infra has developed more than 20 projects across Mumbai.

Realty

SECTOR | 31 Aug 2025

Sanjeevini Group eyes 1,200 cr from Bengaluru's new housing project

Business Standard

Realty firm Sanjeevini Group on Sunday said it is expecting a revenue of about Rs 1,200 crore from its new housing project in Bengaluru. The company has launched a luxury residential project "The Adwaith", spread over 8.3 acres and comprising 668 units, atGunjur in Bengaluru East. The total sales potential of this project is Rs 1,200 crore, the company said in a statement. The project will be developed under a joint development model with landowner. The total built-up area is about 17 lakh sq ft. The units are priced upwards of Rs 1.7 crore. Umesh Gowda H A, Chairman and Founder of Sanjeevini Group, said the company has launched a new project at Gunjur, which is a growing micromarket in Bengaluru because of its good connectivity with other parts of the city. The project is expected to be delivered in 30 months. Sales of residential properties have risen sharply post-Covid pandemic on pent-up demand, growing preference of having home-ownership. Sanjeevini Group has developed over

Realty

SECTOR | 29 Aug 2025

Real Estate Investment Trust on the road to recovery

Business Line

Indian REIT market is slowly gaining traction with relaxed SEBI rules, new entrants, and potential for growth in diverse asset classes

Realty

SECTOR | 29 Aug 2025

A Rare Jewel in Mahim: Presenting 'Pearl' at Island Cove by L&T Realty

Business Standard

Realty

SECTOR | 26 Aug 2025

REIT penetration in office market can reach 25-30% by 2030: Colliers India

Business Standard

Colliers report highlights 371 mn sq ft of Grade A office stock in India holds REIT potential, led by Bengaluru and Hyderabad, with demand from GCCs and BFSI firms driving growth

Realty

SECTOR | 26 Aug 2025

Enforcement Directorate Searches Against Realty Group BPTP In Delhi-NCR

NDTV Profit

The multiple locations of the Faridabad-based Business Parks Town Planners Pvt. were searched under provisions of the Foreign Exchange Management Act.

Realty

SECTOR | 26 Aug 2025

ITC seeks CCI nod to acquire ABREL's Century pulp paper biz for 3,498 cr

Business Standard

ITC Ltd has sought the CCI's approval to acquire the pulp and paper business of Aditya Birla Real Estate Ltd (ABREL) for Rs 3,498 crore. "The proposed transaction refers to the sale of the target business (paper and pulp manufacturing business of ABREL) to the acquirer (ITC Ltd), as a going concern, in accordance with the business transfer agreement executed between the parties," according to a notice filed with the Competition Commission of India (CCI). Established in 1984 at Lalkuan (Nainital, Uttarakhand), pulp and paper undertaking Century Pulp and Paper (CPP) of ABREL is a well-established player in the Indian Paper industry with an installed capacity of 4.8 lakh metric tonnes per annum. According to ITC and ABRE, the "proposed transaction does not raise any competition concerns within the relevant markets as the market is highly competitive, and will not cause any appreciable adverse effect on competition in the relevant markets", the CCI notice said. In March, ABREL announce