8 minutes ago

Knauf India has introduced HeatBloc, a gypsum plasterboard designed to enhance indoor thermal comfort and improve energy efficiency in residential and commercial buildings. Announced in the past week, the product features a polyester-metallised aluminium foil backing that reflects up to 85% of solar radiation, helping reduce heat ingress through walls and ceilings. Available in 9.5 mm and 12.5 mm variants, HeatBloc is intended for ceiling and wall applications respectively and complies with IS 2095 (Part 1):2023 Type A standards. The launch comes as the construction sector increasingly adopts building materials that improve energy performance and respond to rising temperatures across Indian cities.Read more

1 hour ago

Adani Group has dismissed reports suggesting that it is planning to enter the airline business, stating that the claims are incorrect and have no factual basis. The company clarified that Adani Enterprises is not considering or evaluating any proposal to start an airline. The clarification comes amid media reports and market speculation linking the group to a possible aviation venture. While the Adani Group has a significant presence in airport infrastructure through its airport business, it has reiterated that it has no plans to expand into airline operations.Read more

25 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) deployed a special sanitation team to Pandharpur to support cleanliness efforts during the Ashadhi Wari pilgrimage, when lakhs of devotees visited the holy town. The initiative was undertaken as part of the Maharashtra Government's 'Adopt Cleanliness, Drive Away Diseases' campaign. The team carried out a two-day cleaning drive across key public locations, including the Vitthal Temple precinct, market area, Chandrabhaga riverfront and public toilets. The initiative aimed to maintain hygiene, prevent the spread of diseases and ensure a clean environment for pilgrims throughout the annual religious gathering.Read more

25 Jul 2026

Brookfield Asset Management has agreed to acquire battery storage company Aypa Power from funds managed by Blackstone in a deal valued at an equity value of USD 3 billion. The transaction marks another step in Brookfield's strategy to strengthen its renewable energy portfolio across North America amid rising demand for clean energy. Aypa Power is one of the region's largest battery energy storage system providers, with 6.5 gigawatts of operating, under-construction and contracted capacity, along with a development pipeline exceeding 20 gigawatts.Read more

25 Jul 2026

Rayzon Solar Limited has entered into a five-year partnership with US-based Caelux Corporation to manufacture up to 5 GW of next-generation perovskite-plus-silicon solar modules in India. Announced in the past week, the collaboration will integrate Caelux's energy-producing solar glass with Rayzon Solar's TOPCon module technology to develop modules with efficiencies of up to 28%. Commercial production is expected to commence by 2028, with the modules targeted at India's government utility procurement market. The partnership supports domestic manufacturing under the 'Make in India' initiative while contributing to the country's renewable energy capacity target of 500 GW by 2030.Read more

25 Jul 2026

Manglam Group has launched PinkWest, an integrated commercial development on the Jaipur–Ajmer Highway with an estimated investment of INR 1,000 crore. Spread across nearly 13 lakh sq ft, the mixed-use project will comprise retail, office, hospitality, dining and entertainment components, including a 220-key Sheraton hotel operated under Marriott International. The developer said the project has already recorded more than INR 300 crore in sales and is expected to generate a development value of around INR 1,500 crore. Scheduled for completion by 2029, subject to construction progress and regulatory approvals, the development aims to cater to the growing commercial demand in West Jaipur, supported by improving connectivity and expanding residential and business catchments.Read more

25 Jul 2026

The Tirupati Urban Development Authority (TUDA) has proposed a 100-foot-wide link road to connect National Highway 140 with National Highway 71, aiming to improve regional connectivity and ease traffic congestion. The proposed corridor is expected to provide an alternative route for inter-city and freight traffic, reducing pressure on congested roads within Tirupati while improving access to key residential and commercial areas TUDA has submitted the proposal to the Andhra Pradesh government for approval, with the project forming part of the authority's broader urban mobility and infrastructure development plans. Once implemented, the link road is expected to support planned urban expansion, improve traffic flow and strengthen connectivity between major transport corridors in and around Tirupati.Read more

25 Jul 2026

The Reserve Bank of India (RBI) has announced a buyback auction of government securities worth INR 20,000 crore, scheduled for next week, as part of its liquidity management measures. The auction will be conducted through the RBI's E-Kuber platform using the multiple price method. The move comes at a time when surplus liquidity in the banking system has declined sharply following Goods and Services Tax (GST) outflows. Alongside the buyback, the central bank has been conducting variable rate repo (VRR) auctions to inject short-term liquidity and maintain stability in the money markets.Read more

Pune News Desk

25 Jul 2026

The Pune Cantonment Board (PCB) has initiated redevelopment measures for nearly 100 buildings identified as structurally unsafe following safety assessments across the cantonment area. Property owners have been directed to take corrective action, including redevelopment where necessary, to mitigate risks to residents and the public. The move forms part of the board's efforts to improve public safety, address ageing building stock and ensure that structurally vulnerable properties comply with applicable construction and safety regulations.Read more

25 Jul 2026

Sunteck Realty Limited has reported higher revenue, profitability and sales performance for the first quarter of FY27, driven by growth in pre-sales and customer collections. Revenue stood at approximately INR 192 crore, while EBITDA increased 40% year-on-year to INR 67 crore and profit after tax (PAT) rose 26% to INR 42 crore. Operationally, the Mumbai-based developer recorded pre-sales of INR 787 crore, up 20% year-on-year, while collections increased 17% to INR 409 crore. The company also reported an improvement in EBITDA and PAT margins, reflecting stronger operating performance during the quarter.Read more

25 Jul 2026

GrowthX has entered India's managed office space market with the launch of GO Office Workspaces, investing over INR 8.6 crore to develop its first centre at Delphi Tower, Noida, in partnership with ORD Group. Spread across 72,000 sq ft, the facility will accommodate nearly 1,200 seats and cater to enterprises, startups, multinational companies and Global Capability Centres (GCCs). The company plans to expand its managed office portfolio to 500,000 sq ft across the National Capital Region (NCR) over the next 12–18 months, with further expansion into other metropolitan cities. The move comes amid rising demand for flexible office solutions, supported by growing GCC activity and increasing enterprise preference for managed workspaces.Read more

25 Jul 2026

AFC Furniture Solutions has obtained Bureau of Indian Standards (BIS) ISI Mark certification across four commercial furniture categories covered under the Government of India's Furniture (Quality Control) Order (QCO), 2025. Effective from February 13, 2026, the regulation makes BIS certification mandatory for the manufacture, sale and distribution of specified furniture products in India. The certifications cover work chairs, general-purpose chairs and stools, tables and desks, and storage units. According to the company, the achievement aligns its products with the mandatory national quality standards while complementing its existing international sustainability certifications as the furniture industry adapts to the new regulatory framework.Read more

Bangalore News Desk

25 Jul 2026

India's Grade A office market maintained positive rental momentum during the first quarter of CY2026, according to the sixth edition of the IIM Bangalore–CRE Matrix Commercial Property Rental Index (CPRI) report. Based on registered lease transactions, the index recorded a 2.9% year-on-year increase across Tier-1 office markets, with a three-year compound annual growth rate (CAGR) of 4.8%. Bengaluru retained the highest CPRI score among major office markets, Mumbai recorded the strongest three-year rental appreciation, while Delhi posted the fastest quarter-on-quarter rental growth, highlighting varied growth trends across India's commercial real estate markets.Read more

25 Jul 2026

ANHAD Group has entered the Delhi-NCR real estate market through its new development arm, ANHAD Developers, marking its diversification from the mining sector after more than three decades of operations. Headquartered at Worldmark, Gurugram, the company plans to develop three flagship projects comprising a luxury residential development, a premium plotted township and a high-street commercial destination. Together, the projects have an estimated development value of around INR 7,000 crore. The developer said its expansion into real estate will focus on customer-centric planning, construction quality, sustainability, transparency and timely execution, with Gurugram identified as the initial market for its premium developments.Read more

25 Jul 2026

United Rentals has raised its full-year revenue forecast after reporting record quarterly revenue, supported by continued demand for equipment rentals across large construction, industrial, energy and AI-related infrastructure projects. The company also delivered stronger-than-expected second-quarter earnings and revenue, surpassing analysts' estimates. Its specialty rentals business recorded the highest growth during the quarter, while the general rentals segment continued to contribute the largest share of revenue. The revised outlook reflects sustained investment in data centres, energy infrastructure and major construction projects despite continued pressure from higher fuel and energy costs.Read more

25 Jul 2026

When India's largest real estate owners are discussed, developers usually dominate the conversation. Yet some of the country's most valuable land banks belong to institutions whose primary work has little to do with property. From sprawling railway stations and military cantonments to university campuses, airports and historic ports, these organisations collectively own thousands of acres in prime urban locations. Many are now redeveloping, leasing or monetising these assets as cities expand. Here are eight Indian institutions quietly managing some of the country's most extraordinary real estate portfolios.Read more

Ghaziabad News Desk

25 Jul 2026

SKA Group has launched SKA Atlantis, a luxury residential project in Siddharth Vihar, Ghaziabad, as it expands its premium housing portfolio in the National Capital Region. The development, comprising three residential towers, is planned for completion by 2031 after the developer acquired the project land from the UP Awas Vikas Parishad. Offering apartments ranging from 1,549 sq ft to 2,989 sq ft, the project has been designed with vehicle-free surface spaces, landscaped greens and lifestyle amenities. The launch comes amid rising residential interest in Siddharth Vihar, supported by improving connectivity, expanding social infrastructure and proximity to major transport corridors.Read more

25 Jul 2026

Australian equities moved higher, with the benchmark S&P/ASX 200 index touching its highest level in nearly five weeks, supported by strong gains in real estate, mining and financial stocks. Investors remained focused on the upcoming employment data for cues on inflation and the central bank's interest rate outlook. Macquarie Group also remained in focus after announcing a leadership transition, while rising gold and oil prices lifted mining and energy stocks. Market sentiment was further supported by gains in major banks and listed property companies.Read more

25 Jul 2026

A joint home loan allows two or more eligible applicants to combine their incomes, potentially increasing their borrowing capacity while sharing repayment responsibility. The loan structure is commonly used by spouses and certain family members, subject to lender eligibility norms. Bajaj Finance offers joint home loans with loan amounts of up to INR 15 crore, interest rates starting from 7.25% per annum for eligible salaried applicants, and repayment tenures of up to 32 years. Applicants should evaluate ownership, repayment responsibilities, eligibility, credit profiles and documentation before applying.Read more

25 Jul 2026

Infrastructure upgrades are reshaping residential demand across Mumbai, with Bhandup West emerging as a key beneficiary of the upcoming Goregaon-Mulund Link Road (GMLR). Srishti Group has positioned its Srishti Oasis residential project to leverage this enhanced connectivity, offering one, two and three-bedroom homes near the proposed corridor. Located around 700 metres from LBS Marg, the development provides access to the Eastern Express Highway, suburban railway stations and the proposed Metro network. According to the developer, the project combines connectivity with lifestyle-focused amenities, while broader market trends cited from ANAROCK indicate sustained interest in infrastructure-led micro-markets across the Mumbai Metropolitan Region as buyers increasingly prioritise accessibility, established social infrastructure and long-term value.Read more

25 Jul 2026

The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by an Aspect Group-led joint venture for financially stressed real estate firms Radius & Deserve Land Developers. The approved plan paves the way for the revival of the companies through a structured resolution process under the Insolvency and Bankruptcy Code (IBC). The decision is expected to facilitate project completion, address creditor claims and provide greater certainty to stakeholders, including lenders and homebuyers associated with the developments.Read more

25 Jul 2026

BPTP Ltd has commenced the allotment process for SkyNest Towers, its ultra-luxury residential development in Sector 80, Greater Faridabad, following strong demand from homebuyers. The project comprises twin residential towers rising around 150 metres and offers 3 BHK and 4 BHK apartments ranging from approximately 3,185 sq ft to 3,856 sq ft. Registered with the Haryana Real Estate Regulatory Authority (HRERA), the development features over 82,000 sq ft of lifestyle amenities and is positioned along key transport corridors, including the Faridabad Bypass Road and the proposed Faridabad–Noida–Ghaziabad Expressway. The allotment process is being carried out in accordance with applicable regulatory provisions and the project's sale agreements.Read more

25 Jul 2026

Shiv Sena corporators in the Thane Municipal Corporation have alleged that construction activities related to the Mumbai-Ahmedabad High-Speed Rail project are obstructing natural drainage channels, contributing to waterlogging in parts of the city during the monsoon. The allegations follow recent flooding in Diva and surrounding areas after heavy rainfall. Project authorities, however, have maintained that the high-speed rail works have not damaged any permanent bridge or drainage infrastructure, stating that only temporary access structures were affected by the rains and restoration measures are underway.Read more

25 Jul 2026

Vietnam's State Treasury raised USD 232 million through its weekly government bond auction, marking a notable improvement from the previous week's auction as investor participation strengthened. The auction recorded a higher subscription rate, with nearly half of the bonds offered being sold. Strong demand was seen for five-year and 10-year bonds, while longer and shorter-tenure securities received limited interest. The government continues to rely on bond issuances to meet its annual fundraising target, with more than one-third of the planned amount already mobilised this year.Read more

25 Jul 2026

Decentralised solar power systems designed for rural communities could generate electricity at costs lower than the average power procurement expenses incurred by several state distribution companies, according to a study by the International Institute for Sustainable Development (IISD). The assessment highlights that locally planned solar projects, aligned with village-level demand and supported by suitable policy and grid integration, can improve electricity affordability while strengthening energy access. The findings underscore the growing role of decentralised renewable energy in meeting India's rural power requirements.Read more

25 Jul 2026

The Medical Technology Association of India (MTaI) will convene an invitation-only roundtable in New Delhi on 31 July 2026 to examine how India's evolving Free Trade Agreement (FTA) framework can strengthen the country's medical technology sector and improve access to advanced healthcare technologies. The discussion will bring together policymakers, diplomats, trade experts, regulators and industry leaders to assess the implications of recently concluded trade agreements, including the India–UK Comprehensive Economic and Trade Agreement (CETA) and the India–EU Free Trade Agreement. The forum will focus on trade implementation, regulatory cooperation, investment, supply chain resilience, technology transfer and manufacturing, while marking a decade of MTaI's engagement with India's MedTech ecosystem.Read more

25 Jul 2026

Hybrid-electric aircraft startup Electra has announced an investment of USD 850 million to establish a manufacturing facility in Springfield, Ohio, to produce its nine-passenger EL9 hybrid-electric aircraft. The project is expected to generate 1,975 jobs and support production of up to 400 aircraft annually in its initial phase. The company is progressing through U.S. regulatory certification and is targeting commercial service by 2030. Backed by investors including Honeywell Aerospace, Safran and Lockheed Martin Ventures, Electra aims to expand regional air connectivity through its short take-off and landing aircraft.Read more

25 Jul 2026

Jaiprakash Power Ventures Ltd reported a strong financial performance for the June quarter, driven by growth in revenue across its operations. The company's consolidated net profit increased by nearly 69% year-on-year, while total income also registered healthy growth compared to the corresponding quarter last year. The latest earnings reflect continued improvement in the company's financial performance. Jaiprakash Power Ventures, part of the Jaypee Group, operates thermal and hydroelectric power assets and has been focusing on strengthening operational efficiency and improving its financial position.Read more

25 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) is preparing a scientific tree management strategy after widespread tree falls during the heavy rainfall witnessed in July 2026. Municipal Commissioner Dr Kailas Shinde chaired a meeting with arborists and tree experts to examine the causes behind uprooted trees and identify preventive measures. The experts attributed most incidents to restricted root growth caused by excessive concretisation, improper pruning, waterlogging, root damage during utility works and species-specific characteristics. Based on the recommendations, NMMC plans to introduce a standard operating procedure (SOP) for tree pruning, conduct scientific risk assessments, document vulnerable trees and adopt urban forestry guidelines to improve tree safety while preserving the city's green cover.Read more

24 Jul 2026

The destruction of a Bailey bridge in Manipur's Kamjong district has disrupted road connectivity for several remote villages after an alleged militant attack. The damaged bridge formed a vital transport link between rural settlements and the district headquarters, affecting daily movement and access to essential services. Authorities have begun assessing the extent of the damage while security agencies investigate the incident. The episode has renewed attention on the vulnerability of critical infrastructure in conflict-prone regions and the challenges of maintaining connectivity in difficult terrain.Read more

24 Jul 2026

The Tripura Pradesh Congress Committee has announced a two-hour blockade of the Agartala-Kamalpur National Highway to protest the deteriorating condition of the road and the difficulties faced by commuters. The protest will be held at four locations along NH-108B, which connects West Tripura, Khowai and Dhalai districts. The party has alleged poor quality in the highway upgradation work, while the state government has already approached the Union Ministry of Road Transport and Highways seeking repairs. The issue has gained attention following heavy rainfall that has further damaged the highway.Read more

24 Jul 2026

The Bombay High Court has set aside a state government order that sought reconsideration of a proposal to bifurcate Madhurnaina Co-operative Housing Society in Borivali, ruling that the move would obstruct an ongoing redevelopment project. The court held that Section 18 of the Maharashtra Co-operative Societies Act cannot be invoked merely because a minority of members disagree with the redevelopment process or the choice of developer.The judgment reaffirmed that redevelopment decisions approved by the majority of members through valid general body resolutions must be respected, and minority members cannot stall such projects through indirect means. The ruling allows the redevelopment of the society's Naina and Veena buildings to continue under the newly appointed developer, with demolition already completed and most members having executed rehabilitation agreements.Read more

24 Jul 2026

India is moving ahead with the second phase of its Strategic Petroleum Reserve (SPR) programme with an estimated investment of INR 14,527 crore under a public-private partnership (PPP) model. The expansion will create 6.5 million tonnes of additional crude oil storage capacity across Odisha and Karnataka, while government viability gap funding will be capped at 60% of the project cost. Alongside expanding storage infrastructure, the government is assessing new locations for future reserves and has diversified crude oil and LNG sourcing to strengthen the country's energy security and reduce supply-related risks.Read more

24 Jul 2026

AvalonBay Communities has suspended its full-year earnings outlook following its pending merger with Equity Residential, while reporting mixed financial results for the second quarter. The company's core funds from operations improved slightly on a year-on-year basis, supported by growth in same-store residential revenue. However, diluted earnings declined compared to the previous year. The company also highlighted a challenging operating environment, with elevated interest rates and tariff-related uncertainty affecting consumer confidence and slowing demand for new residential leases. The proposed merger is expected to create one of the world's largest listed residential rental companies.Read more

Mumbai News Desk

24 Jul 2026

Heavy rainfall in south Gujarat has disrupted rail and road connectivity between Gujarat and Maharashtra, leading to the cancellation, diversion and short termination of several Mumbai-bound trains. Flooding and waterlogging on key railway sections affected services, including premium trains, while parts of the Mumbai-Ahmedabad highway were also inundated, slowing vehicular movement. Railway authorities deployed teams to monitor tracks and restore normal operations as weather conditions continued to impact transport infrastructure across the region.Read more

24 Jul 2026

The Delhi Development Authority (DDA) has introduced the Karmajeevi Awaas Yojana 2026, offering more than 1,200 residential flats in Narela at a 25% discount to make homeownership more affordable. The scheme includes ready-to-move units across different income categories, with prices starting from around INR 33 lakh after the discount. It is aimed at working professionals and middle-income buyers and will be implemented through an online registration and booking process. The launch comes as DDA continues to expand its affordable housing initiatives, supported by strong demand for residential properties in Delhi.Read more

24 Jul 2026

The Delhi government has set December 2026 as the target for completing the capital's first double-decker flyover, an integrated road and Metro infrastructure project in northeast Delhi. Chief Minister Rekha Gupta approved a revised project cost of INR291 crore, up from the earlier estimate of INR 220.10 crore, during a meeting of the Expenditure Finance Committee (EFC). The 1.40-km-long structure, being developed between Yamuna Vihar and Bhajanpura Metro stations, will accommodate both vehicular traffic and a Metro corridor on the same alignment. The project is expected to ease congestion, improve connectivity in northeast Delhi and optimise land use through integrated transport infrastructure.Read more

24 Jul 2026

IndusInd Bank reported a strong financial performance for the June quarter, with consolidated net profit rising 72% year-on-year to INR 1,037.05 crore, supported by lower provisions and an improvement in asset quality. The bank said the measures taken over the past year have strengthened its balance sheet and business fundamentals following governance-related challenges. While loan growth remained subdued and net interest income saw only a marginal rise, the lender expects stronger business momentum, better profitability, expanding margins in the second half of FY27, and loan growth in line with the industry.Read more

24 Jul 2026

Equity Residential has suspended its full-year earnings outlook following its planned merger with AvalonBay Communities, while reporting a modest increase in second-quarter funds from operations (FFO) that exceeded analysts' estimates. The company also raised its full-year same-store net operating income (NOI) growth guidance after recording higher occupancy, strong lease renewals and improved rental revenue during the quarter. Despite continued pressure from elevated interest rates, the apartment REIT maintained positive operating performance, supported by resilient demand and limited housing supply across its key markets.Read more

24 Jul 2026

Tattva Wellness Spa has expanded its presence in North India with the opening of its first outlet in Jalandhar at Radisson Hotel on GT Road. The new facility offers massage therapies, skincare treatments, salon services and wellness add-ons for hotel guests as well as local residents. The spa features dedicated therapy rooms, steam and shower facilities, and follows Tattva's element-inspired wellness philosophy. The launch further strengthens the brand's network, which now spans more than 120 locations across India through partnerships with hotels, resorts and standalone wellness centres.Read more

24 Jul 2026

The Madhya Pradesh Rural Road Development Authority (MPRRDA) has invited bids for the repair and maintenance of rural roads and cross-drainage structures in Rewa district under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and other government schemes. The contract covers roads that have completed their initial five-year maintenance period, with the selected contractor expected to undertake restoration and upkeep works to improve road quality, safety and connectivity across the project area.Read more

24 Jul 2026

Shiksha Financial Services India Private Limited has completed its first securitisation transaction with a housing finance company by partnering with DMI Housing Finance Private Limited. The deal involved the issuance of pass-through certificates worth INR 43.4 million backed by a pool of mortgage-backed loans. With this transaction, Shiksha's cumulative securitisation fundraising has crossed INR 200 million. The company said the deal expands its investor base while strengthening its long-term funding strategy. The transaction also reflects continued investor confidence in Shiksha's micro-loan against property portfolio, which primarily serves MSMEs and informal sector workers.Read more

Mumbai News Desk

24 Jul 2026

The Maharashtra government has approved a comprehensive redevelopment of Mumbai's Film City to transform the decades-old production complex into a modern entertainment and media hub. The proposed project aims to upgrade production infrastructure, introduce advanced filming facilities and improve supporting amenities to meet evolving industry requirements. The redevelopment is expected to enhance Maharashtra's competitiveness in the media and entertainment sector while creating opportunities for investment, employment and film tourism through a future-ready production ecosystem.Read more

24 Jul 2026

Mumbai's luxury housing market is witnessing a shift in buyer preferences, with greater focus on construction quality, developer credibility and long-term value alongside location. Sobha Inizio, located on Mumbai's Eastern Waterfront near Atal Setu, is positioned to benefit from improving connectivity and upcoming infrastructure projects. The development features sea-facing residences, wellness amenities and premium specifications. The company has also introduced a sales gallery and Mumbai's first developer museum to offer buyers greater insight into its construction practices, quality standards and development philosophy.Read more

24 Jul 2026

The European Investment Bank (EIB) Group has selected Nextensa’s Treemont development in Brussels as the future home of its Permanent Representation in the city. The relocation is planned for the second quarter of 2028 and marks a long-term office commitment in Brussels' European district. Treemont is being developed as a timber-framed, carbon-neutral office building with a strong focus on sustainability and modern workplace standards. The move highlights the growing demand for environmentally efficient office spaces among major European institutions.Read more

24 Jul 2026

Air India has announced that it will shift its operations at New York's John F. Kennedy International Airport from Terminal 4 to the newly developed Terminal 6 in 2028. The move is part of the airline's efforts to enhance the travel experience for passengers on its India-US routes. Along with relocating its operations, Air India will open its signature Maharaja Lounge at the new terminal. Until the transition takes place, the airline will continue operating its Delhi and Mumbai flights from Terminal 4 using Airbus A350 and Boeing 777 aircraft.Read more

24 Jul 2026

Foreign banks have passed on the Reserve Bank of India's policy rate cuts to borrowers and depositors more effectively than public and private sector banks during the current easing cycle, according to the RBI's latest monthly bulletin. The data showed that foreign banks recorded the steepest reductions in lending as well as deposit rates across both fresh and outstanding accounts. The central bank also noted that the transmission of policy rate cuts remained particularly strong in sectors linked to repo-based lending, including infrastructure, reflecting the growing impact of external benchmark-linked lending norms.Read more

24 Jul 2026

The Uttar Pradesh Police have registered an FIR against Ansal Group and four other individuals following allegations of cheating in a residential plot transaction valued at around INR 43 lakh. The complaint alleges that the buyer was induced to purchase a plot that was subsequently not handed over despite payment being made. The case has been registered after directions from the state government, and investigators are examining the transaction and the roles of those named in the complaint.Read more

24 Jul 2026

Aljazira REIT has renewed the lease agreement for Warehouse No. 2 in Block No. 10, also known as the Second Compound, extending the tenancy for another three years. The renewed contract carries an annual rental value of SAR 1.4 million, excluding VAT. The renewal reflects the REIT's continued focus on maintaining occupancy across its income-generating assets and ensuring stable rental income from its logistics and industrial property portfolio. Warehouse assets have remained an important segment for REITs amid sustained demand for storage and distribution facilities.Read more

24 Jul 2026

The Odisha government has launched a large-scale initiative to identify, reclaim and settle over 60,426 acres of land belonging to the Shree Jagannath Temple, Puri, spread across Odisha and six other states. The exercise aims to recover temple land under encroachment or involved in long-pending legal disputes while creating a comprehensive digital record of temple-owned properties. Of the total land identified, around 395 acres are located outside Odisha. The state government plans to work with authorities in other states to protect and recover these properties. The initiative is expected to strengthen land administration, improve transparency in temple asset management and safeguard one of India's largest religious landholdings for future generations.Read more