New Delhi, March 25 (IANS) A huge increase in public capital expenditure and a maturing financing ecosystem have fuelled India’s infrastructure transformation, with government investment rising from Rs 2 lakh crore in FY15 to a budgeted Rs 12.2 lakh crore for FY27, a new report has said.The report from India Narrative said the six-fold surge in public spending has catalysed private investment and stimulated demand for core industries such as steel and cement.Further, it generated employment, t…
Latest Real Estate Investment Trusts News & Updates
Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.Global capability centres (GCCs) have evolved from traditional back-offices to innovation-driven, domain specialised, technologically integrated centres and are set to drive 30-35 million sq ft of leasing in 2026, accounting for 40-50 per cent of the Grade A offic…
Mumbai, Feb 6 (IANS) The Indian equity markets closed the week higher on Friday, after the Reserve Bank of India (RBI) revised its growth projection of the economy upwards for H1 FY27.At the closing bell, Sensex gained 266 points, or 0.32 per cent, to settle at 83,580. Nifty surged 50 points, or 0.20 per cent, to close at 25,693.The broader markets showed divergence from benchmark indices, as Nifty Midcap 100 index lost 0.02 per cent, while the NSE Smallcap 100 shed 0.27 per cent.Sectoral indice…
Mumbai, Feb 6 (IANS) Reserve Bank Governor Sanjay Malhotra announced on Friday that the Central Bank proposes to permit commercial banks to extend finance to Real Estate Investment Trusts (REITs), subject to appropriate prudential safeguards.He said that the step is being taken as there is a strong regulatory and governance framework for listed REITs now.REITs and Infrastructure Investment Trusts (InvITs) were conceptualised in India with a view to free up banks’ funds in completed and operati…
