29 minutes ago

The Centre is preparing a scheme to provide financial assistance to contractors that create temporary accommodation for construction workers at project sites, Union Housing and Urban Affairs Minister Manohar Lal Khattar announced on June 18. The proposed support will be funded through labour cess collected by state governments and is aimed at improving worker welfare across the construction sector. The minister also indicated that the government is considering making durability certificates mandatory for buildings to enhance quality standards and accountability. Speaking at the Bharat Buildcon exhibition in New Delhi, Khattar urged developers to accelerate project execution using modern construction technologies, focus on sustainability and quality, and cater to housing demand across all income categories. He also highlighted the government's infrastructure investments and urban development initiatives.Read more

59 minutes ago

• The Karnataka High Court has upheld the state's Premium Floor Area Ratio (FAR) framework, dismissing challenges that questioned its constitutional validity.
• The court ruled that the policy cannot be equated with the controversial Akrama-Sakrama regularisation scheme, which dealt with unauthorised constructions.
• Judges observed that the Premium FAR mechanism allows additional development rights through a statutory process and payment of prescribed charges before construction.
• The decision provides legal backing to a planning tool widely used in Bengaluru and other urban areas to optimise land use and support infrastructure-led growth.Read more

1 hour ago

RMZ is planning a major expansion of its data centre business, targeting 2–3 gigawatts (GW) of capacity over the next five years as part of its USD 35 billion investment programme. The company is currently in advanced discussions for three new projects that could take its capacity beyond 1 GW. Alongside developing data centres and AI infrastructure, RMZ is also looking at opportunities in power infrastructure, GPUs and software. The move comes as India continues to attract significant investments into data centres, cloud computing and artificial intelligence infrastructure.Read more

1 hour ago

• The Brihanmumbai Municipal Corporation (BMC) and the Customs Department have signed an MoU to undertake the restoration and conservation of Mahim Fort.
• The initiative aims to preserve one of Mumbai’s important coastal heritage structures while improving public access and visitor infrastructure.
• Restoration activities will focus on structural conservation, environmental improvement and protection of the fort’s historical character.
• The collaboration reflects a broader push towards safeguarding Mumbai’s neglected heritage assets through coordinated institutional efforts.Read more

2 hours ago

Amazon has announced that its operations in India have become water positive, meaning the company now replenishes more water to local communities than it consumes across its facilities, including data centres, offices and warehouses. The milestone was achieved this year, a year ahead of the company's target, through water conservation measures and community-focused replenishment projects. The announcement comes as global technology firms face increasing scrutiny over the environmental impact of data centres, particularly their water and energy consumption. The development is significant in India, where water stress remains a major concern and large-scale investments in data centres and artificial intelligence infrastructure continue to accelerate. Amazon has committed substantial investments in India, including major expansion plans through Amazon Web Services in Maharashtra.Read more

2 hours ago

The Bihar government is preparing to revise circle rates for land and flats across the state from the new financial year, with the Minimum Value Register potentially rising to three or four times current levels in several areas. The proposal, drawn up by the Department of Prohibition, Excise, and Registration based on district valuation committee recommendations, aims to correct a long-standing gap between official rates and actual market prices. Patna, Gaya, Muzaffarpur, and Bhagalpur are expected to see the sharpest increases, with the move set to push up stamp duty and registration costs for property buyers across urban Bihar.Read more

3 hours ago

Retail sales in the UK recorded stronger-than-expected growth in May, reflecting resilient consumer spending despite ongoing economic uncertainties. Official data showed sales volumes rose 1.2% from the previous month, exceeding market expectations. On an annual basis, sales were also significantly higher than anticipated. The figures come at a time when consumer confidence remains mixed, with younger consumers expressing greater concern about the economy and personal finances. Retailers continue to monitor the impact of geopolitical tensions and cost pressures, although favourable weather conditions have been identified as a potential support for sales activity.Read more

3 hours ago

India Infradebt Limited is set to raise up to INR 15 billion through a bond issuance with a tenure of five years and six months, according to bankers involved in the transaction. The fundraising includes a base issue of INR 5 billion and a greenshoe option of INR 10 billion. The bonds will carry a coupon rate of 7.92%, with commitment bids scheduled for June 22. The issue has received AAA ratings from ICRA and CRISIL, indicating the highest level of creditworthiness. The proposed borrowing comes amid an active primary debt market, with several issuers, including Embassy Office Parks REIT, IREDA and Torrent Power, also planning bond sales in the coming days to raise funds from institutional investors.Read more

4 hours ago

Roadside Real Estate Plc has announced the acquisition of the Ross Road Petrol Filling Station in Gloucester as part of its ongoing strategy to expand its roadside real estate portfolio. The transaction is valued at GBP 2.9 million and adds another operational roadside asset to the company's holdings. Roadside Real Estate focuses on acquiring and managing properties that benefit from vehicle traffic and essential roadside services. The latest purchase reflects continued activity in the roadside property segment, where fuel stations and convenience-led assets remain important components of investment portfolios.Read more

4 hours ago

• Delhi government has approved a INR 400 crore smart streetlight modernisation project.
• Around 96,000 conventional streetlights will be replaced with smart LED systems.
• The project will be implemented under the Public Works Department (PWD) across nearly 1,400 km of roads.
• An EMI-based payment model will be used, where contractors are paid monthly based on performance.
• The system is expected to improve energy efficiency, reduce faults, and enable real-time monitoring of streetlight operations.Read more

Mumbai News Desk

5 hours ago

The Brihanmumbai Municipal Corporation (BMC) has approved INR 1,000 crore financial assistance for the Brihanmumbai Electric Supply and Transport Undertaking (BEST), providing crucial support to the cash-strapped public transport operator in Mumbai. The decision follows months of deliberation within the civic administration, during which the grant was initially debated, partially deferred, and later reconsidered due to operational and safety concerns linked to BEST’s financial position. While BEST had sought a significantly higher support package of around INR 4,000 crore to stabilise operations and meet rising liabilities, the civic body has opted for a reduced allocation tied to governance and structural reform expectations.Read more

5 hours ago

HDFC Property Fund and HDFC Capital Advisors have settled proceedings initiated by the Securities and Exchange Board of India (Sebi) over delays in winding up two real estate-focused venture capital fund schemes by jointly paying INR 26 lakh. The case relates to alleged non-compliance with Sebi's Venture Capital Funds Regulations concerning the liquidation of assets and distribution of proceeds under the HDFC India Real Estate Fund (HIREF) and HDFC IT Corridor Fund (HITCF). Sebi noted that both schemes exceeded prescribed timelines for winding up, with HIREF taking nearly seven years beyond its extended tenure to complete liquidation. The settlement, reached without admission or denial of findings, closes potential enforcement proceedings against the entities while highlighting regulatory expectations around timely closure of investment vehicles and distribution of investor funds.Read more

6 hours ago

Germany’s largest residential real estate company, Vonovia, remains confident of reducing its debt burden despite the recent rise in European interest rates. Chief Executive Officer Luka Mucic said the company has already accounted for the latest rate changes in its financial planning and continues to target a loan-to-value (LTV) ratio of 40% by the end of 2028. With total debt of around EUR 40 billion, Vonovia is focusing on deleveraging measures, including potential asset sales, while maintaining that it will not resort to distressed property disposals to meet its financial goals.Read more

Mumbai News Desk

6 hours ago

• The Brihanmumbai Municipal Corporation (BMC) has increased its overall climate-related spending in recent budgets, with climate-linked projects accounting for a significant share of capital expenditure.
• Despite the larger climate budget, allocations specifically earmarked for air quality management have declined compared to the previous fiscal year.
• The shift has sparked concerns among environmental experts and civic observers amid continued scrutiny of Mumbai’s worsening air pollution levels.
• BMC officials maintain that several pollution-control initiatives are being implemented through broader climate and environmental programmes rather than standalone air quality allocations.Read more

7 hours ago

Maharashtra has proposed the development of a dedicated rail freight corridor aimed at strengthening cargo movement between major ports and inland logistics hubs. The corridor is planned to connect key ports such as Jawaharlal Nehru Port Trust (JNPT) and the upcoming Vadhvan Port with the Samruddhi Expressway network. The project is expected to improve freight efficiency, reduce logistics costs, and enhance export competitiveness across the state. It is also aligned with a broader multimodal infrastructure strategy that integrates rail, road, and port connectivity for smoother trade flow and industrial expansion.Read more

7 hours ago

YKK India, the Indian subsidiary of Japan-based YKK Corporation, will invest USD 150 million to establish a new manufacturing facility at Origins by Mahindra, an integrated industrial township near Chennai. The proposed plant, spread across approximately 149,936 square metres, will become YKK India's third manufacturing unit in the country and is expected to be completed by February 2028. The development marks a significant industrial investment within the 600-acre industrial cluster being developed through a joint venture between Mahindra World City Developers Ltd and Sumitomo Corporation of Japan. The facility will support the production of fastening products serving the apparel, textile and industrial sectors across domestic and international markets.Read more

8 hours ago

A Mumbai sessions court has rejected the anticipatory bail plea filed by businessman Sudhir Valia in connection with an alleged INR 1,000 crore financial fraud case linked to former Yes Bank promoter Rana Kapoor and the transfer of mortgaged assets associated with Housing Development and Infrastructure Ltd (HDIL). The case, being investigated by the Mumbai Police Economic Offences Wing (EOW), centres on allegations of illegal transactions involving properties mortgaged to Yes Bank. The court observed that the accusations outlined in the FIR were serious in nature and warranted detailed examination. The decision comes amid an expanding probe into alleged financial irregularities involving asset transfers, banking exposures and related transactions, with enforcement agencies also carrying out searches at multiple premises linked to individuals associated with the investigation.Read more

8 hours ago

Knowledge Realty Trust has successfully accepted bids worth INR 6 billion through a bond issuance with a tenure of two years and eight months. The issue attracted commitment bids and was priced at a coupon rate of 7.5397%. The transaction adds to the recent activity in India's corporate bond market, where highly rated issuers continue to access debt funding amid stable interest rate conditions. The bonds carry the highest domestic credit rating of AAA from Crisil and ICRA, reflecting strong credit quality and investor confidence in the trust's financial profile.Read more

9 hours ago

A subsidiary of National Real Estate Company has entered into a memorandum of understanding (MoU) related to its land parcel on Reem Island in the UAE. The transaction is valued at AED 52 million and is expected to have a positive impact on the company's financial performance. National Real Estate said the deal is likely to generate an estimated profit of KD 1 million, which will be reflected in its income statement. Reem Island remains one of Abu Dhabi’s key mixed-use development locations, attracting continued real estate investment and development activity.Read more

9 hours ago

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a new cable-stayed bridge connecting Kopri in Thane East with the Patni Road-Airoli Knowledge Park corridor in Navi Mumbai. The INR 723.42 crore project is expected to provide an alternative route across Thane Creek and reduce congestion at the heavily burdened Kopri junction. The proposed 1.4-km bridge forms part of MMRDA’s wider strategy to strengthen regional connectivity, address missing transport links and support growing commuter and commercial traffic between Thane and Navi Mumbai.Read more

10 hours ago

Generative Artificial Intelligence (GenAI) could contribute an additional USD 14-17 billion to India's real estate economy over the next seven years by improving productivity, accelerating project execution and enhancing customer engagement, according to a joint report by EY-Parthenon and CREDAI. The study estimates that GenAI adoption could increase sales velocity by 30-50 per cent, shorten product launch timelines by up to 30 per cent and improve operational efficiencies across the development lifecycle. The report suggests that the technology could contribute an additional 3-4 per cent to the sector's gross value added by 2033. Industry leaders believe GenAI's application across planning, design, construction, sales and customer interactions could significantly influence how developers manage projects and respond to evolving market demand.Read more

10 hours ago

Delhi NCR has developed into a well-connected urban region supported by metro networks, expressways, and upcoming infrastructure projects like Dwarka Expressway and RRTS. Key locations across Delhi, Gurgaon, Noida, and Faridabad now offer convenient access to workplaces, airports, and nearby cities. These areas benefit from improved travel options and reduced commuting time. As connectivity improves, demand for housing and commercial spaces continues to grow in these locations.Read more

11 hours ago

CapMan Real Estate has completed the first closing of its Nordic Real Estate IV fund, marking an important step in the fund’s capital-raising process. The fund is advancing toward its target size of EUR 750 million and is expected to focus on real estate investment opportunities across the Nordic region. The first close reflects investor interest in the platform despite ongoing uncertainty in global property markets. CapMan continues to expand its real estate investment business through institutional capital partnerships and long-term asset management strategies across key Nordic markets.Read more

11 hours ago

• Chandigarh has proposed a series of amendments to its Master Plan 2031 aimed at addressing housing shortages and supporting future urban growth.
• The changes seek to optimise land use, unlock additional residential development potential and create opportunities for more affordable housing.
• Authorities believe the revised framework will help accommodate a growing population while promoting sustainable and planned urban expansion.
• The proposed amendments also focus on balancing development needs with infrastructure capacity, environmental considerations and long-term city planning goals.Read more

12 hours ago

The Odisha government has approved 20 major investment proposals valued at INR 76,612 crore, covering sectors ranging from green energy equipment and aerospace to steel, pharmaceuticals and advanced manufacturing. Cleared by the High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi, the projects are expected to generate employment for more than 500,000 people across the state. Significant investments have been proposed in lab-grown diamond manufacturing, solar equipment production, rare earth magnet manufacturing, steelmaking, power generation and pharmaceutical production. The approved projects are spread across districts including Khordha, Ganjam, Jajpur, Sambalpur, Jharsuguda, Sundargarh, Rayagada and Malkangiri, reflecting Odisha’s continued efforts to attract large-scale industrial investments and diversify its manufacturing base.Read more

12 hours ago

The Bhubaneswar Development Authority (BDA) has announced four new Town Planning (TP) schemes covering 969 acres across several peripheral areas of the city as part of its ongoing effort to guide planned urban expansion. The schemes span parts of Patrapada, Bhagabanpur, Bijipur, Baliapada and Kasipur mouzas and have been notified under TP Scheme Nos. 42, 43, 44 and 45. The initiative forms part of BDA's wider programme to implement 45 town planning schemes across the Bhubaneswar Development Plan Area. Through the land-pooling-based planning framework, the authority aims to create road networks, civic infrastructure and public amenities while ensuring landowners retain a substantial portion of their reconstituted land parcels. The latest schemes are expected to support organised growth in rapidly urbanising areas on the city's outskirts.Read more

13 hours ago

• Blue Dart Aviation plans to strengthen its cargo network by expanding operations across five emerging logistics centres in India.
• The company is targeting sectors such as electronics, pharmaceuticals, engineering goods and e-commerce that require time-sensitive transportation.
• The expansion aligns with Blue Dart Aviation's completion of 30 years of aviation operations and its strategy to deepen domestic air cargo connectivity.
• Enhanced network coverage is expected to improve cargo movement between metropolitan markets and fast-growing industrial and consumption centres.Read more

13 hours ago

IHG Hotels & Resorts and Indian Hotels Company Ltd (IHCL) have announced separate hospitality development agreements aimed at expanding their presence in key tourism destinations across India. IHG has signed a management agreement with Circle View Estate Private Ltd to develop a 140-key voco hotel in Udaipur, Rajasthan, with operations expected to commence in the first quarter of 2029. Meanwhile, IHCL has signed a 105-key Taj hotel in Dharamshala, Himachal Pradesh, through a partnership with Atman Resort & Cottages LLP. The Dharamshala project is a brownfield development with scope for future expansion. The announcements reflect continued investment by hotel operators in leisure-driven markets supported by tourism, weddings, spiritual travel and hospitality demand.Read more

14 hours ago

• Leading legal firms are expanding into GIFT City as the IFSC ecosystem evolves beyond banking into funds, leasing, treasury operations and cross-border finance.
• Recent office launches by firms such as Khaitan & Co and SNG & Partners reflect rising demand for specialised legal and regulatory advisory services.
• Industry experts believe the next phase of GIFT City’s growth will be driven by complex international transactions, creating fresh opportunities for legal professionals and consultants.Read more

14 hours ago

The Karnataka High Court has directed the state government to formulate a comprehensive policy governing homestays, citing concerns over tourist safety, regulatory oversight and the rapid growth of unregulated accommodation units across the state. The directive was issued during proceedings related to a case involving the alleged sexual assault of a US tourist at a homestay in Kodagu earlier this year. The court observed that existing legal provisions governing homestay registration do not adequately address several operational and safety aspects, including fire clearances, food safety requirements and local authority approvals. The ruling places renewed focus on the regulation of Karnataka's growing homestay sector, which plays a significant role in the state's tourism economy, particularly in destinations such as Kodagu, Chikkamagaluru and coastal Karnataka.Read more

15 hours ago

Areion Group is moving closer to acquiring Aviom India Housing Finance after emerging as the successful bidder for the affordable housing lender through an insolvency-led resolution process. The proposed INR 936-crore transaction is currently awaiting approval from the Reserve Bank of India, a key requirement before ownership can formally change hands. The acquisition would mark Areion’s entry into the housing finance sector and could provide a fresh growth platform for Aviom, which has spent the past two years navigating financial stress and regulatory challenges.Read more

Mumbai News Desk

15 hours ago

Mumbai's Brihanmumbai Electric Supply and Transport (BEST) undertaking is preparing to induct 1,500 air-conditioned midi buses to strengthen last-mile connectivity to metro and suburban rail stations across the city. The buses will operate primarily on feeder routes and form part of BEST's plan to expand its fleet to 7,000 buses by 2027. The move comes as Mumbai's metro network continues to grow, increasing the need for integrated public transport solutions linking residential neighbourhoods with major transit hubs.Read more

16 hours ago

The Bihar government has withdrawn restrictions on the sale and transfer of land in areas earmarked for 11 proposed satellite townships across the state, reversing a moratorium imposed earlier this year as part of its township development programme. The decision allows landowners to sell land directly to the Bihar State Housing Board while retaining planning controls intended to guide future urban expansion. The move affects proposed greenfield townships planned around Patna, Gaya, Darbhanga, Muzaffarpur, Bhagalpur, Purnia, Saharsa, Munger, Sonepur, Chhapra and Sitamarhi. The relaxation is expected to facilitate land aggregation for township projects being developed under a land-pooling framework, while enabling authorities to continue preparing master plans for the identified urban growth zones.Read more

16 hours ago

Canada Pension Plan Investment Board (CPP Investments) has entered into a long-term partnership with CtrlS Datacenters, committing approximately INR 7,000 crore (CAD 1 billion) to support the expansion of digital infrastructure across India. The investment comes amid rising demand for data storage, cloud services and artificial intelligence-driven computing capacity. Through the partnership, the two organisations plan to develop and scale a portfolio of hyperscale and enterprise-grade data centres, strengthening India's position as one of the world's fastest-growing digital infrastructure markets.Read more

Noida News Desk

17 hours ago

• NHAI has prepared a draft alignment for a proposed 31-km elevated corridor that will improve connectivity between Delhi, Noida, Greater Noida and Noida International Airport.
• The eight-lane project is planned along the Yamuna embankment and is expected to function as an alternative route to the existing Noida-Greater Noida Expressway.
• The proposed corridor will include multiple entry and exit connections to serve residential, commercial and institutional sectors along the route.
• Authorities are currently assessing land requirements and refining the alignment before the project moves towards detailed planning and approvals.Read more

17 hours ago

• Kochi recorded strong commercial real estate momentum in early 2026, supported by rising office leasing activity and sustained retail sector expansion.
• Demand from technology firms, GCCs, professional services companies and emerging businesses continues to strengthen the city’s office market.
• Retail development remains active, with organised shopping destinations and consumer-focused investments driving occupancy and footfall growth.
• Improving infrastructure, competitive occupancy costs and a growing talent base are reinforcing Kochi’s position as a key business destination in South India.Read more

Gurugram News Desk

18 hours ago

Authorities in Gurugram have launched a large-scale demolition drive against unauthorised commercial structures and encroachments in the Chakkarpur area near Galleria Road following directions linked to Supreme Court proceedings. The enforcement action, led by the Department of Town and Country Planning (DTCP), targeted illegal constructions operating in violation of approved land-use norms. During the initial phase of the exercise, multiple structures were removed with police support as officials sought to clear unauthorised commercial activity from one of the city's prominent mixed-use corridors. The drive forms part of a broader enforcement campaign underway across Gurugram to address illegal developments, reclaim public spaces and ensure compliance with planning regulations in licensed colonies and commercial zones.Read more

18 hours ago

The Ladakh administration has approved the creation of the Ladakh Pashmina Development Board (LPDB), the country’s first dedicated institution focused on promoting and developing Ladakhi Pashmina. Approved by Lieutenant Governor V K Saxena, the initiative aims to strengthen the entire Pashmina value chain, improve returns for pastoral communities and position Ladakh as a global hub for authentic Pashmina products. The Board will oversee policy formulation, infrastructure development, branding, certification and export promotion while implementing the Ladakh Pashmina Mission. The programme will focus on enhancing goat productivity, strengthening high-altitude grazing ecosystems, establishing local processing facilities and increasing value addition within the Union Territory. Ladakh is estimated to have nearly 200,000 Pashmina goats, making the sector a key contributor to local livelihoods.Read more

19 hours ago

Phoenix Tailings has secured a conditional commitment for USD 500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to support the development of a rare earth processing facility in the United States. The funding forms a key part of a USD 1 billion project designed to strengthen domestic processing of critical minerals and reduce reliance on overseas supply chains, particularly China. The facility will process both mined concentrates and recycled materials into rare earth metals used across defence, technology and industrial sectors, with commercial operations targeted for 2028.Read more

Hyderabad News Desk

19 hours ago

The Telangana government is set to inaugurate ‘Donald Trump Avenue’, a road adjoining the United States Consulate in Hyderabad, on June 23 as part of a broader initiative to recognise global personalities and institutions associated with the city’s economic and technological growth. The road naming proposal was first announced last year and forms part of a wider urban branding exercise that also includes roads named after prominent business leaders and technology companies. The inauguration is expected to be attended by senior state government officials and diplomatic representatives.Read more

Pune News Desk

20 hours ago

• Maharashtra's Urban Development Department has directed PMRDA to prepare and implement its structure plan within the next 12–18 months.
• The move is aimed at resolving delays in development permissions that emerged after the earlier Development Plan process was scrapped.
• The proposed structure plan will provide a framework for land use, infrastructure planning and future growth across the Pune Metropolitan Region.
• Authorities expect the exercise to unlock pending approvals, improve planning certainty and support long-term urban expansion in the rapidly growing region.Read more

21 hours ago

The Tamil Nadu Pollution Control Board (TNPCB) has decided not to pursue further action against Tata Electronics' Hosur facility after reviewing fresh water quality assessments and the company's response to earlier environmental concerns. The development follows days of scrutiny over allegations that wastewater discharge from the plant had contaminated nearby agricultural land and groundwater sources. With regulatory proceedings now closed, the focus has shifted to environmental monitoring, compliance mechanisms and the broader significance of the facility within Apple's rapidly expanding manufacturing ecosystem in India.Read more

22 hours ago

• Delhi has approved the Delhi Slum and JJ Cluster Rehabilitation and Resettlement Policy, 2026, creating a framework for large-scale redevelopment of JJ clusters across the city.
• Five JJ clusters have been identified for the first phase, while planning and tender preparations are underway for 50 additional clusters.
• The rehabilitation programme will be implemented through a public-private partnership (PPP) model to accelerate housing delivery and infrastructure development.
• The eligibility cut-off date has been extended to January 1, 2025, expanding the number of families that can benefit from rehabilitation.
• The policy aims to provide formal housing along with schools, healthcare facilities, anganwadis and other community infrastructure for nearly four lakh families.Read more

21 Jun 2026

The Union Ministry of Agriculture and Farmers Welfare has launched the nationwide ‘Khet Bachao Abhiyan’ (Save Farms Campaign) to encourage sustainable agricultural practices amid growing concerns over soil degradation, declining groundwater levels, climate change and the excessive use of chemical fertilisers. The campaign focuses on improving soil health through balanced nutrient management, wider use of Soil Health Cards, organic farming practices and water conservation measures. Indian Potash Limited (IPL) is supporting the initiative by conducting awareness programmes on soil management and modern farming techniques. The campaign also seeks to educate farmers on efficient irrigation methods, crop diversification and the identification of quality agricultural inputs to enhance productivity, reduce cultivation costs and safeguard long-term food security.Read more

21 Jun 2026

Dubai’s newly established Dubai Longevity Authority is expected to strengthen the emirate’s position as a global centre for longevity, wellness and advanced healthcare, while creating new opportunities for investment and urban development. Luxury developer Keturah has welcomed the initiative, stating that it provides a framework for developers to align residential projects with evolving wellness and quality-of-life standards. The company, which is developing two luxury residential communities in Dubai, said the authority reflects a broader shift towards integrating health, wellbeing and sustainability into urban planning. The development comes as cities worldwide increasingly explore how residential environments can support healthier and longer lives through design, infrastructure and community planning.Read more

Mumbai News Desk

21 Jun 2026

Western Railway's long-awaited Jogeshwari terminus, Mumbai's fourth long-distance rail terminus, is expected to commence Phase I operations by June 2026, with the full facility scheduled for completion by March 2027. The INR 76.48 crore project, being developed at the existing auxiliary terminal yard in Jogeshwari East, was originally slated for completion in December 2024 but faced repeated delays owing to contractor changes, land acquisition challenges, and administrative hurdles. Once fully operational, the terminus is projected to handle up to 24 long-distance trains daily, significantly easing congestion at Dadar, Bandra, and Mumbai Central.Read more

21 Jun 2026

Star Air has announced the launch of scheduled commercial operations to Mundra, Gujarat, from June 23, 2026, further expanding its domestic network and making Mundra its 32nd destination. The new services will connect the port city with Mumbai, Hindon (Delhi NCR), Goa, Surat, Bengaluru, Belagavi, Kolhapur and Nanded through a mix of direct and one-stop flights. The move is expected to strengthen connectivity to one of India’s most important port-led industrial hubs, support regional economic growth, facilitate business travel and improve accessibility for passengers travelling between western, southern and northern India. The expansion also aligns with the airline’s strategy of enhancing air connectivity to emerging economic centres under India’s regional aviation framework.Read more

21 Jun 2026

Authorities in Varanasi have demolished around 150 buildings as part of the ongoing Dalmandi road widening project aimed at improving connectivity between key religious and commercial areas of the city. The demolition drive forms part of a larger infrastructure initiative designed to ease congestion and facilitate movement between the Kashi Vishwanath Corridor and surrounding localities. While officials maintain that compensation and rehabilitation measures are being implemented, the project has drawn objections from some affected property owners and traders over acquisition and demolition proceedings.Read more

21 Jun 2026

ITC Hotels Limited has signed a management agreement for a 140-key Welcomhotel in Jaipur, strengthening its presence in Rajasthan's hospitality market. The proposed hotel will feature guest rooms and suites, multiple dining venues, wellness facilities and extensive event infrastructure, including more than 15,000 sq. ft. of banquet space and 22,000 sq. ft. of outdoor event lawns. Developed in partnership with Ashraya Hotels and Resorts, the project is aimed at serving leisure travellers, corporate events, meetings, incentives, conferences and exhibitions (MICE), and the destination wedding segment. The signing forms part of ITC Hotels' ongoing expansion strategy across state capitals and key tourism markets, following recent announcements in Bhubaneswar, Dehradun and Hyderabad.Read more

21 Jun 2026

Trinity Business Park has announced the launch of a 3 million sq. ft. integrated commercial development in Amingaon, North Guwahati, spanning 16 acres. The project will combine retail, office, hospitality and exhibition infrastructure within a single campus and is aimed at businesses seeking organised commercial space in Northeast India. The development has already attracted interest from trade bodies, including members of the Assam Textile Merchants' Association, who have committed retail space within the project. Designed to cater to corporate enterprises, distributors, manufacturers, professional services firms and emerging businesses, the project will include large-format showrooms, office spaces, exhibition facilities and hospitality components. Construction is progressing, with the initial phases expected to become operational from 2027 onwards.Read more