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  • Kotak Alts closes fourteenth real estate fund at nearly $1 billion June 3, 2026
    Kotak Alternate Asset Managers has closed its fourteenth real estate fund at nearly $1 billion, backed by commitments from ADIA and NPS Korea. ADIA has made an anchor commitment of over $675 million, while NPS Korea has made its first investment in Indian alternative assets through the fund.
  • Propsoch raises $2 million in seed funding June 3, 2026
    Bengaluru-based Propsoch has secured USD 2 million in seed funding, with Athera Venture Partners, Sparrow Capital, and Vakil Group leading the round. This capital infusion will bolster research and advisory services, team expansion, and market growth. The company previously raised USD 600,000 in pre-seed funding.
  • SC sets up expert panel on Aravalis, petitioners question its independence June 3, 2026
    The Supreme Court has formed a five-member high-powered committee to redefine the 'Aravali hills and ranges', dropping the controversial 100m height criterion. This committee will assess the ecological impact of regulated mining and identify areas excluded from protection, aiming to prevent further degradation of the ancient mountain ranges.
  • Indore district records doubling of housing stock over 15 years June 3, 2026
    Indore district has seen a substantial rise in homes and people over the last fifteen years. The initial census phase shows housing units more than doubling. Population figures have also climbed significantly. This growth is evident in both urban and rural areas. The second phase of the census will confirm final population numbers.
  • Rajasthan lifts cap on building height, set to embrace skyscrapers June 3, 2026
    Rajasthan is set to witness the rise of skyscrapers, with the state government removing the 70-meter height cap on buildings. This move, following a central government regulation, will allow for vertical development of commercial towers, schools, and hospitals. Buildings will now be permitted to extend to any height, provided they meet advanced firefighting system standards […]

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