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Goa Owners Must Pay Circle Rate to Regularize Structures

PANAJI: Goans wishing to legalize structures on government or comunidade land will need to pay according to the minimum land price set by the state government. Chief Minister Pramod Sawant announced on Sunday that property owners will be charged based on the circle rate. The cabinet has discussed the rate for regularizing structures under the ‘Majhe ghar’ scheme. A cut-off date of 2014 has been established for this regularization process. Currently, the minimum land price varies across different talukas. Some ministers advocate for a single rate for regularization, while others point out disparities where lower prices in certain talukas lead…

Mindspace REIT’s Net Operating Income Rises 29.2% in FY26

NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT) has posted a net operating income (NOI) increase of 29.2% for the financial year 2025-26. The executive committee of K Raheja Corp Investment Managers, which manages Mindspace REIT, has approved fundraising through the issuance of non-convertible debt securities and/or commercial papers. The total amount will not exceed ₹15,700 crore (net of repayments), including any outstanding debts, and will be issued in one or more tranches. It is further stipulated that the aggregate consolidated borrowings and deferred payments of Mindspace REIT and its HoldCo/Asset SPVs, after accounting for cash and cash equivalents, must…

Nisus Finance Invests ₹115 Cr in Kumar Vibe, Mumbai & Pune

NEW DELHI: Kumar Vibe Properties, a 50:50 joint venture between Kumar Properties & Infrastructure LLP and Vibe Realty, has successfully secured an investment of ₹115 crore from Nisus Finance, marking a key milestone in its growth. The funds will be directed toward three projects in Khar West and Goregaon West in Mumbai, as well as NIBM in Pune. The residences are expected to be priced at ₹7 crore and above in Khar West, ₹3 crore to ₹4.25 crore in Goregaon West, and up to ₹1.25 crore in NIBM Pune. Collectively, these ventures will generate a total topline exceeding ₹1,100 crore.…