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Other Developments
A curated list of other prominent stories from this day.
12:57 PMEconomic Times Realty
Infrastructure must precede real estate development in Indian cities: CREDAI
Summary
CREDAI has urged cities to build roads, drainage, public transport and civic services before approving large-scale real estate expansion. Industry leaders at NATCON 2026 also called for redevelopment frameworks as urban populations grow.
The shift is toward making infrastructure capacity a prerequisite for real estate growth, rather than
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Why it matters
India's urban growth will depend increasingly on whether infrastructure delivery keeps pace with new construction.
Keventer, Saroj Poddar groups launch Rs 400-cr real estate debt fund
Summary
Keventer Group and Saroj Poddar Group have launched a Rs 400 crore secured debt fund focused on real estate projects in Delhi-NCR and West Bengal. The sponsors have committed Rs 80 crore and are targeting a gross internal rate of return of 18% to 22%.
The launch adds institutional-style credit to two regional property markets where developers often face funding
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Why it matters
The fund could expand non-bank financing for real estate projects in Delhi-NCR and West Bengal while setting a high return bar for property credit.
Office leasing at record 66.4 mn sq ft in Jan-Sep across top 9 cities, driven by GCCs: CBRE
Summary
Office leasing across India's top nine cities reached a record 66.4 million square feet in January-September 2026, up 8% from a year earlier. Global Capability Centres accounted for 28 million square feet, while third-quarter absorption rose 6% to 21 million square feet.
GCCs have become the main engine of India's office demand, making the leasing cycle more
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Why it matters
Record leasing strengthens the office market, but GCC concentration leaves future demand exposed to global corporate investment decisions.