2 minutes ago

Preparations for a proposed Formula-4 (F4) street race in Nerul, Navi Mumbai, have drawn objections from environmental activists who claim that more than 70 trees may be cut or relocated to facilitate the event. The Navi Mumbai Municipal Corporation is expected to spend around INR 28 crore on hosting the race. Activists have raised concerns over the removal of trees from a road divider and the possible use of a nearby playground for event infrastructure. They have also warned about traffic disruptions and environmental impact, while civic authorities continue planning the event scheduled for later this year.Read more

32 minutes ago

A Brazilian court has allowed the Federal District to move ahead with plans to raise capital for BRB through real estate transactions, reversing an earlier restriction. The decision enables the administration to use property sales, ownership transfers, or real estate-backed financial deals to support the bank. BRB is currently facing financial pressure due to losses linked to allegedly fraudulent credit portfolios acquired from Banco Master, which shut down amid liquidity issues. The ruling is expected to provide flexibility to the Federal District, which is the bank's controlling shareholder, in managing the situation.Read more

1 hour ago

Rail Vikas Nigam Limited (RVNL) has secured a contract worth INR 95.27 crore from NMDC Limited for railway track refurbishment and maintenance works in Chhattisgarh. The order, awarded in the past week, covers upgrading permanent railway infrastructure at mining-linked sidings in Kirandul and Bacheli. The scope includes refurbishment of tracks and ongoing maintenance of mobile equipment rail systems critical for mineral transport operations. The project is scheduled for completion within 36 months and forms part of RVNL's core railway infrastructure business. The contract reflects continued investment by NMDC in strengthening logistics infrastructure at its mining sites, supporting operational efficiency and bulk material movement through rail connectivity.Read more

1 hour ago

India's Grade A office market is set for steady growth in 2026, with demand projected at 70-75 million sq ft and new supply at 60-65 million sq ft. Growth is being driven by expanding Global Capability Centers, rising flex space adoption, increasing REIT participation, and a focus on sustainable, tech-enabled workplaces. Flex operators could account for up to 25% of leasing, while over 380 million sq ft of office stock has potential for future REIT inclusion. By 2030, total Grade A stock may exceed 1 billion sq ft.Read more

Lucknow News Desk

2 hours ago

The Lucknow Municipal Corporation has announced a 12% annual interest on pending house tax dues if not cleared before the financial year ends. The move is part of a stronger recovery push, supported by awareness drives and extended office hours to help taxpayers make payments. At the same time, the civic body has warned of strict action against persistent defaulters, including sealing and auction of properties. The step aims to improve revenue collection, which is critical for funding infrastructure and civic services in the city.Read more

2 hours ago

The Andhra Pradesh government has approved the allocation of over 424 acres of land in Kadapa district to facilitate an integrated steel plant by JSW Steel. The land, spread across multiple villages in Jammalamadugu mandal, has been allotted to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) at a cost of INR 21.3 crore. The decision follows recommendations by the Andhra Pradesh Land Management Authority. The developer has been mandated to utilise the land within three years, failing which the allocation may be revoked. The move reflects continued state-level efforts to attract industrial investments, which are expected to drive regional infrastructure development and influence land use patterns in emerging industrial corridors.Read more

Chennai News Desk

3 hours ago

Tata Consultancy Services (TCS) has expanded its office presence in Chennai by leasing additional space at Ozone Techno Park, reflecting sustained demand for high-quality commercial real estate in the city. The transaction, concluded in the past week, strengthens TCS's footprint in one of its key operational markets. The leased space is expected to support workforce expansion and accommodate growing business requirements, particularly in technology and services segments. Chennai continues to attract major occupiers due to its established IT ecosystem, infrastructure, and talent pool. The deal underscores continued leasing activity in India's office market, driven by large corporates consolidating and expanding operations in strategic urban centres.Read more

3 hours ago

The Haryana government has initiated a large-scale land buyback programme covering over 6,600 acres in Ambala to facilitate planned urban expansion through the Haryana Shehri Vikas Pradhikaran (HSVP). Announced in the past week, the initiative adopts a consent-based model via the e-Bhoomi portal, allowing landowners across seven villages to voluntarily offer land and indicate expected prices. The acquisition aims to support the development of new residential, commercial, and institutional sectors with upgraded infrastructure, including roads, sewerage, and utilities. Authorities have set a deadline later next month for landowners to register interest. The move reflects a shift from compulsory acquisition to negotiated land aggregation, intended to streamline development while reducing disputes and improving transparency in large-scale urban planning.Read more

4 hours ago

Signature Global has projected free cash flow of approximately INR 35,000 crore from its existing and planned development pipeline, while signalling a strategic expansion into commercial real estate through a partnership with RMZ. The announcement, made in the past week, highlights the developer's shift beyond its core residential focus in Gurugram. The company plans to leverage the joint venture to develop large-scale office-led mixed-use assets, with an initial leasable potential of about 5.5 million sq ft. RMZ has acquired a 50% stake in the platform with an investment of around INR 1,283 crore. Signature Global also indicated plans for project launches worth INR 40,000-50,000 crore over the next three years, reflecting sustained development activity in the NCR market.Read more

4 hours ago

Tamdeen Real Estate Co reported its fourth-quarter financial performance, posting a net profit attributable of 4.4 million dinars along with total operating revenue of 7.7 million dinars. The company also announced a full-year cash dividend of 18 fils per share, reflecting stable financial performance and continued shareholder returns. The results indicate steady operational activity during the quarter, supported by revenue generation across its real estate portfolio. The dividend declaration aligns with the company's ongoing approach of distributing earnings while maintaining business continuity in a competitive regional real estate market.Read more

5 hours ago

The National Highways Authority of India (NHAI) has awarded a contract worth approximately INR 181 crore to construct a 7 km greenfield bypass near Gangaikonda Cholapuram in Tamil Nadu. The project, announced in the past week, aims to divert vehicular traffic particularly heavy vehicles away from the UNESCO World Heritage temple precinct located along NH-81 in Ariyalur district. The two-lane bypass with paved shoulders will run between Ponneri Lake and Meensurutti, including service roads, bridges, and underpasses. The initiative is intended to reduce congestion, improve safety for pilgrims and tourists, and minimise structural and environmental impact on the heritage site. The project is expected to be completed within a year and will also enhance regional connectivity.Read more

5 hours ago

RBL Bank has been appointed as one of the collecting bankers for the USD 12 million IPO of XED Executive Development Ltd, marking the first public issue from India's IFSC at GIFT City. The offering follows a book-built route and is open for subscription, with listing planned on NSE IFSC and India INX. The bank will handle subscription funds from global investors. In a separate development, BHIM Payments App has onboarded MS Dhoni as its brand ambassador, aiming to strengthen trust and expand its digital payments reach as it enters its next phase of growth.Read more

6 hours ago

Australia's superannuation fund Rest has announced plans to invest up to USD 250 million in a US-based retail property fund managed by Nuveen Real Estate. The investment will be directed towards the U.S. Cities Retail Fund, which focuses on neighbourhood shopping centres in major metropolitan areas. The move is aimed at strengthening portfolio diversification and generating stable, risk-adjusted returns for its over 2 million members. The fund already holds multiple retail assets and continues to expand, reflecting sustained institutional interest in income-generating retail real estate in the United States.Read more

6 hours ago

Godrej Properties Ltd has expanded its footprint in Bengaluru by acquiring a 20-acre land parcel in the eastern part of the city for a premium residential development. The project is expected to generate an estimated revenue of around INR 1,350 crore. While the company has not disclosed the land acquisition cost, the move aligns with its ongoing strategy to strengthen presence in key urban markets. Bengaluru continues to remain a priority market due to steady housing demand, especially in emerging corridors of East Bengaluru with strong infrastructure and IT-driven growth.Read more

7 hours ago

The INR 24,000 crore PLI scheme for high-efficiency solar PV modules has yet to release any funds to manufacturers, as incentives are scheduled for one year after project commissioning. The scheme has awarded 48,337 MW of module manufacturing capacity, including 30 GW of modules, 10.5 GW of cells, and 2 GW of ingot-wafer capacity, with 4 GW commissioned last October. Slow progress in upstream components is due to limited domestic experience and global supply chain concentration. The government is promoting vertical integration and supporting ancillary manufacturing while developing a skilled workforce to reduce import dependence.Read more

7 hours ago

The Indian-flagged tanker Jag Laadki, carrying approximately 80,886 MT of crude oil from the UAE, reached Mundra Port in Gujarat recently, highlighting the port's role in managing key energy imports amid the ongoing Middle East conflict. Earlier, LPG carriers Nanda Devi and Shivalik docked at Vadinar and Mundra ports, respectively. The arrivals ensure continuity for India's refineries despite supply disruptions caused by the blockade of the Strait of Hormuz. India imports over 85% of its energy from the Middle East, making secure maritime routes vital for energy security.Read more

8 hours ago

Maharashtra Metro Rail Corporation Limited (Maha Metro) and the Pune Municipal Corporation (PMC) have initiated joint site inspections for the proposed Vanaz Chandni Chowk Metro extension in Pune, aimed at finalising alignment, station locations, and associated infrastructure. The exercise, undertaken in the past week, covers a 1.4 km stretch forming part of the approved Phase II expansion of the Pune Metro network. The extension will include two stations Kothrud depot and Chandni Chowk and is expected to improve connectivity to a key western entry point of the city. Authorities are also evaluating plans for a double-decker flyover along the corridor, integrating vehicular and Metro infrastructure. The inspections are intended to address design constraints, ensure traffic management, and minimise disruption during construction.Read more

8 hours ago

State Bank of India has raised INR 6,051 crore through its second Basel III-compliant Tier II bond issuance, offering a coupon rate of 7.05 percent. The issue, which had a base size of INR 5,000 crore, received nearly twice the demand, reflecting strong investor confidence. A total of 47 bids were submitted by institutional investors including pension funds, mutual funds, and banks. The funds will be used to support business growth. The strong response highlights continued market trust in SBI's financial position and capital-raising strategy.Read more

Mumbai News Desk

9 hours ago

The Bombay High Court has dismissed a petition filed by two societies representing the Koli fishing community in Danda Koliwada, Khar West, challenging slum redevelopment on land traditionally used for fish drying. The order, issued in the past week, upheld a court-appointed committee's findings that redevelopment would not impede fishing activities. The dispute relates to approximately 3,449 sqm of land, part of a larger 9,588 sqm parcel notified as a slum rehabilitation area by the Slum Rehabilitation Authority. The court held that the issues raised required detailed factual examination and could not be adjudicated under writ jurisdiction. Petitioners have been granted limited interim relief, with a short continuation of status quo, while being directed to pursue remedies before a competent civil court.Read more

9 hours ago

A consumer disputes commission recently directed Lodha Developers and associated companies to refund nearly INR 5 crore to a senior citizen couple after their World Towers apartment booking in Lower Parel was terminated unilaterally. The couple had initially booked a 3 BHK unit with two parking slots under a 20:80 payment plan and faced repeated changes, price hikes, and revised terms before the developer issued a termination letter. The commission found the builder's actions amounted to deficiency in service and unfair trade practices, and also awarded interest and compensation for stress and harassment caused to the couple.Read more

10 hours ago

Hui Xian Real Estate Investment Trust reported full-year revenue of RMB 2,209 million, reflecting stable operational income from its portfolio. However, the trust recorded a loss of RMB 729 million before transactions with unitholders, highlighting ongoing financial pressures. The distribution per unit for 2025 stood at RMB 0.0043, indicating limited returns to investors amid weaker performance. The results point to challenges in maintaining profitability despite steady revenue generation, likely influenced by market conditions and asset valuation factors affecting the overall financial outcome.Read more

10 hours ago

A total of 85 under-construction national highway projects in India have been delayed by more than three years, primarily due to land acquisition challenges, statutory clearances, and implementation constraints, the government informed Parliament. The delays also stem from contractor performance issues, financial constraints, and external factors such as the Covid-19 pandemic. In response, the Ministry of Road Transport and Highways has initiated measures to streamline project execution, including digital land acquisition systems, faster environmental clearances, and online approvals for infrastructure designs. These developments highlight ongoing execution challenges in large-scale infrastructure projects, which have implications for logistics networks, industrial growth, and real estate development linked to highway connectivity corridors.Read more

Mumbai News Desk

11 hours ago

Over 800 families from the Naigaon BDD chawls in Mumbai have started moving into newly constructed 2BHK apartments under a major MHADA-led redevelopment project. A total of 864 flats have been handed over in the first phase, with more units expected by April 2026. The redevelopment will replace old 160 sq ft tenements with modern homes of about 500 sq ft. The larger BDD redevelopment plan across Mumbai aims to rehabilitate nearly 15,000 families while improving infrastructure and living conditions without displacing long-standing communities.Read more

11 hours ago

Prime Minister Narendra Modi inaugurated and laid the foundation for infrastructure projects worth INR 18,680 crore in West Bengal earlier this week. The initiatives cover highways, railways, and ports to improve connectivity across the state and eastern India. Key projects include the Kharagpur Moregram economic corridor, bypasses, bridges, redeveloped railway stations, mechanised port facilities at Haldia and Khidderpore, and new express train services. These upgrades aim to reduce travel time, boost trade and tourism, and provide better facilities for residents, entrepreneurs, and students, while preparing the state for upcoming elections.Read more

12 hours ago

Mitsui Fudosan Logistics Park reported its financial results for the six months ended late January, showing a decline in both revenue and net profit compared to the previous period. Revenue stood at JPY 19,737 million, while net profit came in at JPY 8,993 million. The company's earlier half-year performance had been significantly higher, indicating a sharp sequential drop. Despite this, the firm has projected a stable outlook for upcoming periods, with moderate revenue growth and marginal improvement in profit. Dividend expectations remain steady, reflecting a cautious but consistent distribution approach.Read more

12 hours ago

Goa's Town and Country Planning (TCP) Department has released 14 proposals to change land use under Section 39A, converting nearly 11,908 sqm of green cover, orchards, and natural cover into settlement zones across Bardez, Ponda, Quepem, and Salcete. These proposals are open for public objections over 30 days, with final approvals contingent on clearances from the forest department, Coastal Zone Management Authority, and Water Resources Department. The move follows growing debate over Section 39A, introduced to correct zoning inconsistencies but opposed by locals for potential ecological impact.Read more

13 hours ago

Dilip Buildcon has emerged as the lowest bidder for a road project worth INR 160.20 crore in Odisha, awarded by Odisha Bridge & Construction Corporation. The project involves constructing a six-lane diversion road with service lanes in Sundargarh district under the EPC model. The execution timeline is 18 months. This contract adds to the company's order book of over INR 29,000 crore and follows recent project wins in power transmission and flood protection. The development reflects steady infrastructure activity in Odisha and continued order inflow for the company.Read more

13 hours ago

The Karnataka government received eight bids for the privatisation of three cargo berths at Karwar and Old Mangalore Port under a Public Private Partnership model, reflecting strong investor confidence. Bidders include major firms like Chowgule Group, with projects to be awarded based on the highest royalty per tonne of cargo handled. A policy change allowing iron ore handling at ports, reversing a ban in place since 2010, is considered a key factor in participation. Bid evaluation is underway, supporting Karnataka's strategy to expand cargo capacity, promote coastal shipping, and strengthen port infrastructure.Read more

14 hours ago

Janus Living is moving ahead with its US IPO plans, targeting a valuation of nearly USD 5 billion and aiming to raise up to USD 740 million. The senior housing REIT has seen strong interest from institutional investors, even as global markets remain volatile. Its portfolio includes 34 senior housing communities, largely concentrated in Florida and Texas. The company was recently separated from Healthpeak Properties to unlock value. Backed by steady rental income and favourable demographic trends, the IPO reflects continued investor interest in stable real estate assets.Read more

Mumbai News Desk

14 hours ago

The Brihanmumbai Municipal Corporation (BMC) plans to renegotiate the Gargai dam contract after the project cost rose to around INR 5,396 crore, about 11% higher than the original estimate. The standing committee has asked officials to revise the proposal and reduce the financial burden before approval. The project, located in Palghar, is expected to add 440 MLD to Mumbai's water supply and is targeted for completion by 2029. Cost escalation due to land acquisition, rehabilitation, and environmental requirements remains a key concern.Read more

15 hours ago

A dispute between Amrutanjan Health Care Limited and the Hindu Religious and Charitable Endowments (HR&CE) department has reached the Madras High Court over alleged dues of around INR 97.4 crore linked to temple land in Chennai's Mylapore. Authorities stated that the company continued to occupy the Kapaleeswarar Temple-owned property even after lease expiry and paid rent far below market levels. The company has challenged eviction orders and revised rent demands. The case highlights ongoing issues around old temple land leases and rent revisions in high-value urban areas.Read more

Delhi News Desk

15 hours ago

Delhi is preparing a detailed Water Master Plan to fix long-standing issues in its water supply system. The plan focuses on reducing leakages, contamination and uneven distribution by restructuring the network into smaller operational zones linked to treatment plants. It also considers private participation for better monitoring and faster response to issues. With rising population and demand, the plan aims to create a more reliable and efficient system. It builds on past infrastructure gaps and looks to address them through coordinated upgrades and long-term planning.Read more

16 hours ago

Prime Minister Narendra Modi recently inaugurated the fully mechanised Haldia Bulk Terminal developed by Adani Ports and Special Economic Zone in West Bengal. The terminal, with a capacity of around 4 million tonnes per annum, is India's first fully automated dry bulk facility. It is expected to improve cargo handling speed, reduce turnaround time and support key industries such as steel, cement and power. The project strengthens logistics infrastructure at the Haldia Dock Complex and improves connectivity for eastern and northeastern regions.Read more

Chennai News Desk

16 hours ago

VA Tech Wabag Ltd has secured a contract worth over INR 1,000 crore from Chennai Metropolitan Water Supply and Sewerage Board to strengthen water infrastructure in Chennai. The project includes development of a large transmission network, along with the revival and long-term operation of a 45 MLD tertiary treatment plant at Kodungaiyur. It aims to improve water distribution, support industrial demand, and expand reuse of treated wastewater. The project is part of the city's broader push to build a more reliable and sustainable water supply system.Read more

Mumbai News Desk

17 hours ago

A dispute over a proposed sea protection bund near Machhimar Nagar in Cuffe Parade led to opposing protests by residents and the local fishing community. Residents raised concerns about possible land reclamation and future encroachments due to ongoing stone dumping, while fisherfolk supported the project, citing repeated flooding during high tides. The situation turned tense when both groups confronted each other at a public garden, requiring police intervention. Authorities maintained that the project is scientifically designed to prevent coastal erosion and protect vulnerable settlements.Read more

17 hours ago

Windar Renovables is set to expand its manufacturing footprint in Europe by establishing a second wind turbine tower facility at CTPark Legnica, developed by CTP NV. The project is expected to generate up to 300 jobs and begin production in the fourth quarter of 2026. The development reflects continued investment in renewable energy infrastructure and strengthens Poland's role in the wind energy supply chain. The move also aligns with broader industry demand for localised manufacturing to support growing wind energy installations across Europe.Read more

18 hours ago

The Centre has started identifying new locations in Jammu and Kashmir for hydropower projects to boost electricity generation and meet rising demand. Alongside this, it is reviewing proposals to divert water to northern states through canal and tunnel networks. Work has resumed on previously stalled projects, while desilting efforts are being carried out to improve reservoir efficiency. The move is part of a broader strategy to expand renewable energy capacity, supported by thermal and nuclear power to ensure stable supply and long-term energy security.Read more

18 hours ago

Project Chittoor in Andhra Pradesh is being developed as a 600-acre integrated rural initiative aimed at increasing farmers income and creating stable livelihoods. The project seeks to raise annual earnings from around INR 30,000 per acre to over INR 1 lakh per acre by combining agriculture with solar power, livestock, and allied activities. Backed by a private developer, it is expected to benefit more than 250 families. The model also focuses on sustainability, groundwater improvement, and diversified income streams, and is being positioned for expansion across larger land parcels.Read more

Mumbai News Desk

19 hours ago

The Brihanmumbai Municipal Corporation has proposed preparing Local Area Plans (LAPs) for neighbourhoods around all 27 stations of Mumbai Metro Line 3 to improve land use, traffic management, and infrastructure planning. The first phase will cover four stations at a cost of about INR 1.37 crore. The study will include surveys, satellite mapping, and infrastructure assessments. The plans aim to guide development, improve last-mile connectivity, and ensure better integration of transport and urban growth. The full exercise is expected to be completed by 2028.Read more

19 hours ago

Titagarh Rail Systems Ltd's subsidiary, Titagarh Naval Systems Ltd, is set to expand its shipyard in West Bengal with an investment of INR 550 crore, partly funded by a 25 % capital subsidy under the government's Shipbuilding Development Scheme. The expansion includes a new dry dock and slipway to construct Medium Range tankers. Since entering shipbuilding in 2016, the company has delivered over 35 vessels to clients including the Indian Navy and NIOT. The subsidiary's upgraded capacity will support 15-18 vessels annually, strengthening India's domestic shipbuilding industry and leveraging strategic partnerships for growth.Read more

20 hours ago

Vistry Group has appointed Rob Woodward as its new non-executive chair, with the role set to begin in mid-May. He will replace Greg Fitzgerald, who is expected to step down following the company's annual general meeting. Fitzgerald will continue as CEO until a successor is appointed, as the leadership search remains underway. The appointment comes at a time when the company is navigating a softer housing market and has already indicated pressure on margins for the upcoming financial year. Woodward's experience is expected to support the transition.Read more

20 hours ago

Around 127 families from Vartak Nagar in Thane have alleged that actions by TMC and MHADA during a redevelopment project denied them proper rehabilitation. The issue stems from older housing meant for project-affected persons, where official records were allegedly altered to classify occupants as civic staff. This affected eligibility and reduced flat sizes from earlier approved norms. While redevelopment has been completed, several residents claim they either received smaller units with restrictions or are still awaiting allotment, raising concerns about documentation, transparency, and fairness in the process.Read more

21 hours ago

Cargo Matters has announced a major investment of INR 66 crore to establish over 550 smart, solar-integrated EV charging stations across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala. Partnering with TRYK Charge Services LLP, the network will feature 360 kW DC fast chargers and standard AC options, aiming to address infrastructure gaps in commercial logistics and passenger transport. The stations will be managed via a unified Charge Point Operator platform, integrating existing third-party chargers and introducing an RFID-based charging card to simplify access, enhancing both operational efficiency and user experience.Read more

Mumbai News Desk

22 hours ago

A disruption in the Maharashtra Legislative Council brought attention to pending dues of over INR 10,900 crore owed to the Brihanmumbai Municipal Corporation. The issue highlights rising financial stress on the civic body, which is handling liabilities exceeding INR 2.32 lakh crore while continuing major infrastructure spending. A large share of pending funds is from the education department, followed by housing and other agencies. The state government has assured phased payments with a small immediate release, but concerns remain over delays and the absence of a clear disbursal timeline.Read more

Mumbai News Desk

23 hours ago

The Bombay High Court has ended a property dispute that continued for more than seven decades between heirs of landowner MMH Janmohamed. The case, which began soon after India's Constitution came into force, involved two valuable properties in Pune, including a parcel on Deccan College Road and a large tract in Yerawada. Over the years, several claims emerged, including those from the heirs of a former manager and a party citing adverse possession. With compensation for one acquired plot already distributed decades ago, the court has now ordered the division of the remaining one-acre land among the rightful heirs.Read more

Ludhiana News Desk

18 Mar 2026

The Greater Ludhiana Area Development Authority (GLADA) has intensified its efforts against unauthorised construction in the Shaheed Sukhdev Singh Nagar colony and nearby residential areas. Notices have been issued to 43 property owners for converting residential plots into commercial structures like shops and medical facilities without proper approvals. The authority has begun cancelling sanctioned building plans and is considering stricter actions, including property sealing and demolition. Residents and buyers are urged to verify approvals on the official website before purchasing property to avoid violations and legal issues.Read more

18 Mar 2026

VinFast reported a wider net loss in the final quarter of 2025, mainly due to higher impairment charges linked to its proposed US manufacturing plant. Despite financial pressure, the company saw strong growth in electric vehicle deliveries, particularly in Vietnam, and a sharp rise in two-wheeler sales driven by policy changes. VinFast is now planning to resume construction of its North Carolina facility and is targeting global expansion across key Asian markets. It also aims to introduce range-extended electric vehicles in 2027 as part of its broader strategy to address infrastructure gaps.Read more

18 Mar 2026

Schneider Electric and Tata Power Western Odisha Distribution Limited are collaborating to digitise and modernise power infrastructure in Western Odisha. Seventy-five substations have been upgraded, serving more than 2.1 million customers across nine districts. The project improves grid efficiency, supports renewable energy integration, and reduces technical losses, contributing to a lower carbon footprint. TPWODL, a joint venture between Tata Power and the Odisha government, continues to provide safe and reliable electricity, demonstrating how digitalisation is enhancing sustainable energy systems in the region.Read more

18 Mar 2026

WeWork India Management Ltd has taken a step to expand its presence in Bengaluru by entering into a new lease agreement for additional workspace capacity. The company plans to add around 2,327 desks under this development, with an estimated investment of about INR 320 million. This move reflects steady demand for flexible office spaces in key commercial markets, especially in Bengaluru, which remains one of India's largest office hubs. The expansion also aligns with the company's ongoing strategy to strengthen its footprint in high-demand micro-markets.Read more

18 Mar 2026

Andhra Pradesh's RERA has directed all housing projects exceeding 500 square metres or having more than eight apartments to register with the authority before marketing or sales. This step is aimed at increasing transparency and safeguarding homebuyers interests. Non-compliant projects face penalties up to 10% of the project cost, though a transitional window allows unregistered projects to complete registration by the end of this month with a 50% penalty reduction. Builders are also required to submit quarterly progress reports, establish apartment associations, and comply with RERA norms for financial approvals and legal protection.Read more