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50 minutes ago
Members of the Kolhapur City Civic Action Committee have raised objections to the draft third development plan prepared for the Kolhapur Municipal Corporation, citing a narrow focus on land reservations and inadequate attention to the city's growing infrastructure needs. The concerns were presented during a meeting with officials from the town planning department in the past week. The committee highlighted that the draft fails to address rising population pressures, increased vehicular traffic, and flood-prone zones, while civic amenities such as gardens, schools, and open spaces remain insufficient. It also pointed out that the city's administrative area has remained unchanged at 66.82 sq km for decades. The group has urged planners to revise the draft to ensure compliance with statutory requirements and align it with current urban realities.Read more
1 hour ago
Karnataka has received its highest-ever railway budget allocation, with focus on station redevelopment, electrification and new line expansion. Union Minister of State for Railways V Somanna stated that 61 stations are being upgraded under the Amrit Bharat Station Scheme, while 31 railway line projects are in progress. Electrification has reached about 97 per cent in the South Western Railway zone, improving efficiency. Key works also include safety upgrades through Kavach and infrastructure inspections across key sections, reflecting a continued push towards modernisation.Read more
2 hours ago
The Andhra Pradesh government has initiated a set of road expansion projects in Vijayawada with a total investment of approximately INR 105 crore, aimed at improving connectivity and addressing traffic congestion in the city's peripheral zones. Announced in the past week, the works involve the widening and development of three key stretches, including Ballemvari Street linking Poranki and Nidamanuru, the Auto Nagar Murali Nagar Road, and a connecting stretch up to Nidamanuru Junction. The projects are part of a broader urban infrastructure push to support the city's expansion and improve access to residential and industrial areas. Officials indicated that the upgrades are intended to streamline traffic movement and strengthen linkages between key growth corridors in the region.Read more
3 hours ago
Gujarat Real Estate Regulatory Authority (GujRERA) has taken strict action against real estate developers for violating rules related to RERA-mandated project bank accounts. The regulator imposed penalties totalling INR 3.5 crore after identifying irregularities in the handling of homebuyer funds. The violations included failure to deposit the required portion of collections into designated accounts and excess withdrawals beyond permitted limits. The action followed suo motu proceedings in eight cases, with fines ranging between INR 95 lakh and INR 2 crore. The move reflects tighter monitoring of financial compliance in real estate projects.Read more
4 hours ago
Matrix Geo Solutions has secured a contract valued at approximately INR 3.07 crore from North Western Railway to deploy drone-based monitoring systems for a railway infrastructure project. Announced in the past week, the mandate covers the 271.97-km Luni Samdari Bhildi doubling corridor spanning parts of Rajasthan and Gujarat, with execution scheduled over 30 months. The company will use UAV-enabled aerial surveys and geo-tagged data capture to monitor construction progress across stages such as earthwork, track laying and bridge development. The initiative reflects increasing adoption of geospatial technologies in infrastructure execution, aimed at improving oversight, reducing reliance on manual inspections and enhancing coordination among project stakeholders.Read more
5 hours ago
NAREDCO Maharashtra's leadership transition marked a renewed focus on rental housing reforms, digital adoption and policy-driven growth for the real estate sector. Speaking at the Change of Guard ceremony held in Mumbai this week, Dr. Niranjan Hiranandani highlighted the need for tax incentives and regulatory support to strengthen rental housing as a key pillar of affordable urban living. Kamlesh Thakur, who assumed charge as the new President, outlined priorities including ease of doing business, digitisation of approvals and stronger government collaboration. The event also saw the launch of the NAREDCO ONE digital platform.Read more
6 hours ago
The Union Cabinet has approved an investment of INR 40,175.33 crore for the development of two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure. Cleared in the past week by the Cabinet Committee on Economic Affairs, the projects include the 1,720 MW Kamala Hydro Electric Project and the 1,200 MW Kalai-II Hydro Electric Project, with a combined capacity of 2,920 MW. The Kamala project will be developed across multiple districts, while Kalai-II will be located on the Lohit river in Anjaw district. Both projects will be executed through joint ventures involving central public sector companies and the state government. The developments are expected to support grid stability, improve power availability and enable infrastructure expansion in the region.Read more
7 hours ago
Stefano Gabbana, co-founder of Dolce & Gabbana, has stepped down as chairman, with the change taking effect at the start of the year, according to a recent filing. The move comes as the company explores financial restructuring, including raising up to EUR 150 million and refinancing debt worth around EUR 450 million (USD 525.7 million). Reports indicate that Gabbana may also evaluate options for his nearly 40% stake. The company is considering asset monetisation and licence renewals to improve liquidity while continuing to be led creatively by its founders.Read more
8 hours ago
India's highway construction and project award activity declined to a seven-year low in FY2025-26, reflecting a shift in execution strategy and a slowdown in the project pipeline. According to official data cited in the past week, total highway construction dropped below 10,000 km for the first time since 2019-20, while new project awards were limited to around 7,000 km. Authorities attributed the slowdown to stricter requirements around land acquisition, environmental and statutory clearances before project bidding. The approach is aimed at reducing delays and cost overruns that have affected earlier projects. While execution activity by agencies such as the National Highways Authority of India remained stable, the reduced flow of new contracts has begun to impact contractors and developers, leading to intensified bidding competition and potential pressure on future order books.Read more
8 hours ago
A fire incident took place at Chhatrapati Shivaji Maharaj International Airport's Terminal 1 in Mumbai during the evening of April 9 after a short circuit occurred in an electrical section of a three-storey structure near the 1-B Circle area. The fire was quickly detected and brought under control by the Mumbai Fire Brigade along with the airport's emergency response team. Authorities confirmed that the fire remained minor in nature, no casualties were reported, and flight operations were not affected. As a precaution, some electrical systems were briefly shut and safety checks were carried out.Read more
9 hours ago
Keturah has reported strong investor response at its Keturah Resort in Dubai, with four ultra-luxury waterfront mansions and 110 apartments already sold at the Ritz-Carlton Residences within the project. The development, positioned as the Middle East's first fully wellness-certified resort, includes 12 mansions and 193 apartments alongside hospitality and wellness infrastructure. Located along Dubai Creek near the Ras Al Khor Wildlife Sanctuary, the project reflects rising global demand for wellness-led luxury real estate, as investors increasingly prioritise lifestyle quality and health-oriented residential environments.Read more
9 hours ago
The Defence Ministry, along with civil aviation authorities and the Telangana government, is moving ahead with plans to develop the long-proposed Adilabad airport as a joint-use facility. The project will allow defence-related training operations to function alongside civilian flight services. A joint inspection of the 300-acre site is scheduled in the coming days, involving all key stakeholders. After the assessment, a detailed project report is expected to be prepared within a few months. The initiative is aimed at improving regional connectivity and supporting infrastructure growth in northern Telangana.Read more
10 hours ago
Under the Negotiated Partnership Scheme, 28 returnable residential plots were distributed to farmers displaced by road expansion in Amaravati's R-1 zone. The e-lottery, conducted at APCRDA headquarters, allocated plots to 29 farmers from Borupalem, Kuragallu, and Undavalli. Ten of these plots were assigned to residents of Kuragallu village who had homes on Cheruvu Poramboku land since December 2014, providing them both replacement land and compensation. Officials, including the Special Grade Deputy Collector, guided beneficiaries on registration and plot location assistance, ensuring proper implementation of the scheme.Read more
10 hours ago
Dilip Buildcon Limited, through its joint venture with Ranjit Buildcon, has secured the lowest bidder position for an INR 268 crore water infrastructure project in Gujarat. The contract involves the construction of the Ged barrage across the Sabarmati river along with protection works and allied activities. Executed under the EPC model, the project also includes a 10-year operation and maintenance period. With a construction timeline of 24 months, the order strengthens the company's water infrastructure portfolio and adds stability to its existing order book.Read more
11 hours ago
Trehan IRIS has launched Omara, a wellness-focused luxury residential development in Sector 80, Gurugram, comprising 320 golf-facing 3.5 and 4.5 BHK units. The project integrates over 110 amenities and 50 longevity programmes centred on fitness, recovery and lifestyle management. Designed around biophilic planning and wellness infrastructure, the development includes features such as a spa collaboration with L Occitane en Provence and advanced therapy facilities. The launch reflects a growing shift in premium housing towards wellness-oriented design, with developers incorporating health-focused amenities as a key differentiator in high-end residential markets.Read more
11 hours ago
A World Bank and Asian Development Bank team recently concluded a three-day visit to Amaravati to review the ongoing construction and development projects in the capital. Officials from APCRDA, led by Additional Commissioner A. Bhargava Teja IAS, presented progress updates and discussed issues such as investment promotion, disaster prevention, inclusive housing, water and wastewater management, road development, and social welfare program implementation. The visit involved detailed discussions with PMC staff and contract representatives, with the WB and ADB team providing recommendations to strengthen planning, governance, and infrastructure management in the capital.Read more
12 hours ago
A large-scale redevelopment is being planned for nearly 14,000 hutments spread across over 100 acres around Gilbert Hill in Andheri West. The proposal focuses on rehabilitating residents living in informal settlements through a cluster-based approach. The plan aims to improve housing conditions, address safety concerns near the heritage structure, and provide better infrastructure. Authorities have also linked the move to earlier efforts to protect the geological site and manage encroachments. The project is expected to bring more organised development to the area while ensuring eligible residents are accommodated.Read more
12 hours ago
Mumbai's metro network has crossed the 100 km mark after the addition of new stretches on Lines 9 and 2B, helping the city overtake Bengaluru to become India's second-largest metro network. The expansion has improved connectivity in Thane and eastern suburbs. Bengaluru now stands third with around 96 km, with delays in key lines affecting its pace of growth. While Mumbai has seen faster execution in recent years, Bengaluru continues to work on multiple upcoming corridors, which are expected to significantly expand its network over the next two years.Read more
13 hours ago
Rama Group has launched Rama Eiko Luxury Floors, a premium residential phase within its existing Rama Eiko development in Shankar Nagar, Raipur, after securing RERA approval in the past week. The project comprises 112 apartments across 16 towers, each rising seven floors, with a low-density layout featuring one unit per floor. The development offers 4 and 5 BHK residences ranging from 7,100 sq ft to 12,800 sq ft, with private lift access and dedicated parking provisions. Designed by Rajeev Agarwal Architects, New Delhi, with landscaping by Japan-based STGK, the project incorporates approximately 1.86 acres of open green space and a range of lifestyle amenities. Bookings have commenced, with the project positioned within Raipur's established residential micro-market of Shankar Nagar.Read more
13 hours ago
Resident Welfare Associations (RWAs) in Delhi have raised concerns about the growing implementation of mixed-use development under the Transit-Oriented Development (TOD) policy. While the policy is aimed at improving housing supply and optimising land use near metro corridors, residents say it is already putting pressure on infrastructure and changing the character of residential areas. They have flagged gaps in implementation, lack of monitoring, and increasing commercial activity in housing zones. The concerns come as the government expands TOD norms to encourage higher density development and faster urban redevelopment.Read more
14 hours ago
Hyatt Hotels Corporation is planning to open five new hotels in India as part of its expansion strategy, while also evaluating partnerships and investments to scale faster. The company is increasing its focus on India, which has now emerged as a key market in Asia Pacific. With 55 existing properties and over 10,500 keys, Hyatt is also set to introduce the Destination by Hyatt brand in Jaipur. Strong domestic travel demand and stable market conditions are supporting its growth plans across key and emerging locations.Read more
15 hours ago
The Navi Mumbai Municipal Corporation (NMMC) has approved a budget of INR 6,904.43 crore for FY2026-27, following deliberations in its general body meeting held in the past week. The budget, cleared under Section 100 of the Maharashtra Municipal Corporation Act, includes a revised estimate of INR 5,830.82 crore for FY2025-26 and incorporates an increase of INR 200 crore in the opening balance. The final expenditure for FY2026-27 has been set at INR 6,889.43 crore, leaving a closing balance of INR 15 crore. Civic officials stated that the budget prioritises urban infrastructure, sanitation, healthcare, education and welfare schemes, while avoiding any tax increase. The administration has also outlined measures to improve revenue collection, particularly through property tax and water charges, alongside expanding digital governance services.Read more
16 hours ago
Thomas Cook (India) Limited has expanded its foreign exchange footprint in Assam with the launch of a new franchise outlet in Guwahati, taking its presence in the state to three locations. The move aligns with rising demand for forex services driven by outbound travel, student mobility and business activity in the Northeast. The company cited Guwahati's growing role as a regional gateway, supported by increasing passport holders and improved connectivity through Lokpriya Gopinath Bordoloi International Airport. The outlet offers services including prepaid travel cards, remittances and multi-currency exchange. The expansion forms part of the company's omnichannel strategy, integrating physical retail with digital platforms to enhance customer access and service delivery across emerging regional markets.Read more
17 hours ago
Experion Developers has reported sales of approximately INR 1,800 crore at the launch of its luxury residential project SAATORI in Sector 151, Noida, indicating strong demand in the premium housing segment. The development, located along the Noida Greater Noida Expressway, has seen the sale of around 400 units at launch. Spread across a five-acre land parcel, the project comprises three high-rise towers and is positioned as a low-density residential offering. Its location near key infrastructure such as Sector 148 Metro Station and the upcoming Noida International Airport at Jewar has supported buyer interest. The project reflects growing traction for design-led, wellness-oriented housing in emerging micro-markets across the National Capital Region.Read more
18 hours ago
The Uttar Pradesh government is progressing with plans to develop eight data centre parks across major cities, with expected investments of around INR 2 lakh crore. The projects are likely to generate over 50,000 direct jobs and strengthen digital infrastructure in the state. Land allocation has moved forward in key locations like Noida and Greater Noida, with some projects already under construction. Several domestic and global companies have shown interest, supported by policy incentives, power infrastructure planning and the state's focus on becoming a data centre and AI hub.Read more
19 hours ago
The Dwarka Expressway corridor in NCR has witnessed a sharp rise in property values, with prices increasing nearly threefold over the past decade, according to market data. Average residential rates have moved from around INR 4,900 per sq ft in 2016 to approximately INR 14,800 per sq ft in 2026, reflecting strong end-user demand and infrastructure-led growth. The operationalisation of the 29-km expressway in the past year, along with additional connectivity upgrades, has improved accessibility between Delhi and Gurugram. Government measures, including a 67% increase in circle rates and project approvals exceeding INR 86,500 crore in 2025, indicate sustained investment activity. The corridor has also recorded an absorption rate of over 97%, alongside ongoing development of social and urban infrastructure, strengthening its position as a key residential and mixed-use growth zone.Read more
20 hours ago
The Department of Science and Technology, Government of Gujarat, has signed a memorandum of understanding with Inductus Group to promote the state as a destination for Global Capability Centres (GCCs). The agreement, formalised in the past week, aims to strengthen Gujarat's positioning in the global technology and innovation ecosystem by leveraging its infrastructure, policy framework and talent base. Under the collaboration, Inductus Group will provide advisory services including location strategy, investment facilitation and GCC enablement. The move comes amid increasing interest from multinational firms in emerging Indian cities beyond traditional metros. The initiative is expected to support the development of IT-led commercial ecosystems, enhance investment inflows and facilitate the establishment of technology-driven business operations within the state.Read more
21 hours ago
The Ahmedabad Municipal Corporation (AMC) has introduced revised parking regulations placing direct responsibility on property owners to manage vehicle parking within their premises across the city. Under the new framework, owners of residential and commercial buildings must ensure that vehicles belonging to occupants and visitors are accommodated internally, with strict restrictions on roadside and public-space parking. Non-compliance could result in suspension or cancellation of building usage permissions under existing development control regulations. The rules also mandate appointment of parking managers, installation of signage, and submission of annual self-declarations confirming compliance. The move forms part of the civic body's broader efforts to address traffic congestion and improve urban mobility across high-density areas.Read more
22 hours ago
The completion of the six-lane Porvorim elevated corridor in Goa has been delayed, with authorities now targeting October 2026 for commissioning. The revision, highlighted in the past week, follows continued execution challenges, including traffic management constraints, foundation-related adjustments and slower-than-expected structural progress. The project, being developed along NH-66, is intended to ease congestion on a key stretch linking Panaji and Mapusa. Officials indicated that a substantial portion of the work has been completed, but critical segments of the superstructure remain pending. The corridor, originally scheduled for completion earlier, has seen multiple timeline revisions due to on-ground constraints. The extended deadline reflects the need to complete remaining works while maintaining safety and construction standards.Read more
23 hours ago
Indore's civic authorities have issued a final 48-hour deadline to around 100 commercial buildings to comply with mandatory fire safety regulations, following a city-wide inspection drive. The Indore Municipal Corporation (IMC) and district administration identified serious lapses across 337 buildings, with a significant number lacking basic firefighting systems or having non-functional equipment. Property owners have been directed to install and operationalise fire safety infrastructure within the stipulated period or face sealing of premises and legal action. The enforcement follows a broader compliance drive initiated in the past weeks, aimed at addressing safety gaps in high-occupancy structures. The move reflects increasing regulatory scrutiny of building safety standards in urban commercial real estate.Read more
11 Apr 2026
French infrastructure company Vinci SA has agreed to acquire a portfolio of nine operational toll highways in India from Macquarie Asset Management for an enterprise value of about USD 1.7 billion (approximately INR 15,000 crore), in one of the largest road asset transactions in the country. The deal, announced in the past week, involves assets held under the Safeway Concessions platform, spanning nearly 700 km across Andhra Pradesh and Gujarat. Originally acquired by Macquarie in 2018 under the toll-operate-transfer (TOT) model, the assets are being divested as part of its portfolio strategy. The transaction is subject to regulatory approvals and is expected to reach financial closure by end-2026, with Vinci likely to house the assets under a local operating structure.Read more
11 Apr 2026
RITES Limited has received a revision in the value of its ongoing consultancy contract with National Aluminium Company Limited (NALCO), increasing the total project cost to INR 118.89 crore from INR 79.73 crore. The project involves detailed engineering and project management consultancy for a railway siding at the Utkal-D coal mines in Odisha. The increase reflects an expanded scope of work under the existing agreement. Executed on a cost-plus basis, the project supports coal evacuation infrastructure and strengthens RITES order book visibility in the railway consultancy segment.Read more
11 Apr 2026
The Maharashtra Pollution Control Board (MPCB) has directed the Pune Municipal Corporation to address gaps in sewage treatment infrastructure within six months and achieve full sewer network coverage within four months, following a recent review of pollution levels in the city. The directive, issued in the past week, comes after findings that Pune generates around 980 million litres per day (MLD) of sewage, of which nearly 500 MLD is being discharged untreated into the Mula and Mutha rivers through multiple drains. The regulator has asked the civic body to intercept major nullahs, halt direct discharge, and submit a time-bound action plan. The order also covers improvements in solid waste management and air pollution control, indicating broader concerns around urban environmental infrastructure and compliance.Read more
11 Apr 2026
A cybercrime network operating in Kanpur was recently exposed after authorities arrested around 20 individuals involved in cheating applicants under the Pradhan Mantri Awas Yojana (PMAY). The group reportedly used fake identities, forged documents and online communication channels to mislead applicants by promising housing benefits under the government scheme. Victims were contacted through calls and digital platforms and were tricked into sharing personal information and transferring money. Investigations indicated an organised setup with wider regional links, and further probe is underway to trace additional members and financial transactions linked to the fraud.Read more
11 Apr 2026
The Karnataka government is planning to install electric vehicle (EV) charging stations at intervals of 60-70 km along state highways, in a move aimed at strengthening intercity charging infrastructure and encouraging EV adoption. The initiative, outlined in the past week, will be implemented by Bangalore Electricity Supply Company in collaboration with Karnataka Road Development Corporation Limited across a 3,000-km highway network. Charging points are proposed at toll plazas, bus bays, truck lay-bys and select operational facilities. Initial site assessments have identified a majority of locations as viable, with fast-charging capability expected at several stations. The plan seeks to address range anxiety among EV users and improve long-distance travel feasibility, while supporting the state's broader push towards clean mobility.Read more
11 Apr 2026
The outlook for European companies has shown a slight improvement, supported mainly by strong expected earnings from the energy sector. Latest estimates indicate modest growth in overall corporate earnings, with energy firms driving a significant share of the increase due to higher crude prices. However, most other sectors continue to see limited growth, and some like utilities and real estate are expected to decline. Revenue growth remains slower than earnings. Market participants remain cautious, as future corporate performance is still closely tied to global geopolitical developments and energy price movements.Read more
11 Apr 2026
ADC is developing Amaravati with a strong focus on eco-tourism and sustainable infrastructure. The Gravity Canal is being transformed into a tourist attraction, while reservoirs in Neerukonda and Penumaka are under construction to support water management and recreational activities. ADC's Translocation Nursery preserves large trees and medicinal plants displaced by construction and will serve as a community space. World Bank representatives visited these projects, acknowledging the efforts as innovative and impactful for the city's development and environmental sustainability.Read more
11 Apr 2026
The Brihanmumbai Municipal Corporation (BMC) is preparing to introduce an artificial intelligence (AI)-driven facility aimed at improving ease of doing business in Mumbai's real estate sector. The system is designed to streamline civic approvals by integrating multiple processes into a single digital platform, reducing manual intervention and improving transparency. It will support real-time tracking, document verification, and compliance checks through AI tools. The initiative is expected to reduce approval timelines and enhance efficiency for developers, architects, and consultants, while also improving investor confidence in the city's real estate ecosystem.Read more
11 Apr 2026
The Uttar Pradesh government has approved the redevelopment of 49 bus stations under a public-private partnership model to improve transport infrastructure and passenger facilities. The project, led by UPSRTC, is expected to attract investment of over INR 4,000 crore without direct government spending. The plan includes modernising stations into multi-use hubs with better amenities and commercial spaces. Revised policy norms such as relaxed eligibility criteria and longer lease periods are aimed at increasing private sector participation and ensuring smoother execution across districts.Read more
11 Apr 2026
The Bidhannagar Municipal Corporation has announced the rollout of its online property tax collection system starting April 13, aimed at making tax payments more accessible and reducing reliance on physical counters. The system will allow residents across different wards to pay property tax digitally through the official municipal platform using their assessment details. Offline payment facilities will be introduced in a phased manner in select wards shortly after the online launch. Demand notices for the current financial year are expected to be made available around the same period to support smooth tax processing.Read more
11 Apr 2026
Domicil Germany has entered the Tricity market with its first store at Luxe 9, marking its regional debut through an exclusive showcase attended by architects, developers and high-net-worth individuals. The brand, part of HTL International, aims to tap into rising demand for premium, design-led home interiors linked to evolving residential preferences. The launch reflects increasing alignment between luxury housing and curated interior solutions in the Chandigarh Panchkula Mohali region, where demand for globally influenced design and high-quality furnishings is gaining traction alongside growth in upscale residential developments.Read more
11 Apr 2026
Nearly 40% of property owners in Belagavi have defaulted on property tax payments, raising serious concerns for the Belagavi City Corporation's revenue stability and overall financial planning. Out of more than 1.66 lakh registered properties, tax compliance has remained low, resulting in collections falling well below targets set for the financial year. The shortfall has impacted civic development work, slowed infrastructure planning, and highlighted gaps in enforcement and recovery mechanisms. Officials have acknowledged the widening gap between rising property numbers and actual tax compliance, indicating stronger monitoring and stricter recovery measures may be required going forward.Read more
11 Apr 2026
The Uttar Pradesh Cabinet has approved the establishment of a Forestry and Horticulture University in Gorakhpur, aimed at strengthening environmental education and research. Planned over nearly 50 hectares with an investment of over INR 491 crore, the project has already received an initial allocation of INR 50 crore. The university will offer a wide range of courses in forestry, horticulture, and climate-related fields. It is expected to support biodiversity conservation, improve forest cover, and create employment opportunities while contributing to sustainable agriculture and ecological balance in the state.Read more
11 Apr 2026
Gujarat reported a strong rise in stamp duty and registration revenue in the financial year 2025-26, with collections increasing 30% to INR 19,102.58 crore compared to INR 14,706 crore in the previous year. The growth came despite only a marginal rise in property registrations, indicating higher property valuations as the key driver. Officials linked the increase to revised jantri rates implemented in the earlier cycle, which continued to impact valuations. Ahmedabad led the state in both revenue and registrations, followed by Surat, Rajkot, Vadodara and Gandhinagar.Read more
11 Apr 2026
Agrocorp Landbase has announced a premium second-home project, Vacation Village, in Chikkamagaluru, with a projected revenue potential of around INR 200 crore and a saleable area of 0.55 million sq ft. The launch comes as India's leisure housing segment records sustained growth, with demand rising 30-40% since 2020 and annual expansion estimated at 18-22%. Located within driving distance of Bengaluru, the project is positioned as a plotted hill-home community catering to second-home buyers seeking a mix of lifestyle use and long-term investment, reflecting evolving residential preferences in post-pandemic urban markets.Read more
11 Apr 2026
The Uttar Pradesh government has initiated 325 development projects worth INR 6,466 crore in Agra, including the proposed Greater Agra township. Planned across about 449 hectares, the township will feature multiple residential sectors and supporting infrastructure. Alongside this, several projects focused on roads, civic amenities and public services have been launched. The move is aimed at improving connectivity, planned urban growth and economic activity, while strengthening Agra's position as an emerging urban centre in the state.Read more
11 Apr 2026
A Pune sessions court has rejected anticipatory bail pleas of a homeowner and a borewell contractor accused of damaging an underground metro tunnel in Shukrawar Peth. The incident occurred during unauthorised drilling, which punctured the tunnel and caused water seepage onto the tracks. The court noted serious risks to public safety and infrastructure and allowed the investigation to proceed without protection from arrest. A case has been registered under the Bharatiya Nyaya Sanhita and the Metro Railways Act, with potential imprisonment of up to 10 years.Read more
11 Apr 2026
Maharashtra Metro Rail Corporation (Maha Metro), in collaboration with the Nagpur Municipal Corporation (NMC), has announced a feeder bus service along Hingna Road to strengthen last-mile connectivity for Metro commuters. The service, expected to commence shortly, will connect Lokmanya Nagar Metro Station with key institutions including Lata Mangeshkar Hospital and prominent engineering colleges in the Hingna corridor. The initiative follows demand from students and patients who rely on public transport for daily access. Registration drives for Maha Card and bus passes have also been initiated to support integration. The move is aimed at improving multimodal transport usage and reducing reliance on private vehicles in a rapidly developing urban stretch of Nagpur.Read more
11 Apr 2026
The National Green Tribunal (NGT) has refused to grant an interim stay on Telangana's proposed Future City project near Hyderabad, while asking key authorities to respond to environmental concerns raised in a petition. The tribunal has directed the Future City Development Authority (FCDA) and the Union environment ministry to file their replies and listed the next hearing for June 9. The petition alleged that development activities began without mandatory environmental clearances. The state government has maintained that the project is still in its early stage and no violations have taken place.Read more
11 Apr 2026
M3M India has received the Occupancy Certificate for M3M Paragon57, a mixed-use high-street retail development in Sector 57, Gurugram. Spread across 3.16 acres, the project comprises 554 units with a saleable area of about 5 lakh sq ft and an estimated investment of INR 560 crore. The development integrates retail with serviced apartments and has already pre-leased around 60% of its retail space. With a projected topline of nearly INR 1,000 crore, the project reflects continued demand for curated high-street retail formats in established urban micro-markets.Read more