29 minutes ago

CIDCO has appointed a joint venture of RITES Ltd and Creative Group LLP to carry out a six-month techno-commercial feasibility study for a proposed third runway at Navi Mumbai International Airport. The study will examine technical, operational, environmental and financial aspects of expansion. The move is part of long-term planning to meet rising air traffic demand in the Mumbai Metropolitan Region, where passenger numbers are expected to grow significantly over the next two decades, putting pressure on existing airport infrastructure.Read more

59 minutes ago

The Consumer Financial Protection Bureau has seen its Washington headquarters lease terminated at least six years ahead of schedule by the Office of the Comptroller of the Currency, with the property transferred to the General Services Administration, according to official records. The move follows a request initiated by the bureau shortly after the current administration took office and raises questions about the agency's future scale and operational footprint. The premises, located in central Washington, D.C., span over 300,000 sq ft and were originally secured under a 20-year lease. The development coincides with workforce reductions and a shift towards remote working, contributing to lower office utilisation across the agency.Read more

1 hour ago

CAE Simulation Training Pvt Ltd (CSTPL), a joint venture between InterGlobe Enterprises and Canada-based CAE, has inaugurated a 44,000 sq ft pilot training facility in Mumbai, marking its fourth centre in India. The facility has commenced operations with an Airbus A320 full-flight simulator and is designed to support type rating, recurrent training and proficiency checks. A second A320 simulator is scheduled to be added in the near term, with capacity to scale up to six simulators over time. The centre forms part of CSTPL's broader network, which spans Greater Noida, Gurugram and Bengaluru. The expansion comes amid rising demand for pilot training as India's aviation sector grows, with projections indicating a requirement for around 22,000 new pilots over the next decade.Read more

2 hours ago

The Enforcement Directorate has arrested former senior executives of the Anil Dhirubhai Ambani Group, Amitabh Jhunjhunwala and Amit Bapna, in a money laundering case linked to alleged loan diversion at Reliance Home Finance and Reliance Commercial Finance. The probe focuses on loans given to weak entities and routed through shell companies. Authorities suspect senior-level involvement in approvals. The case follows earlier action by the CBI and is part of a wider investigation into financial irregularities and fund misuse within group companies.Read more

Mumbai News Desk

3 hours ago

Mumbai Metro Line 1 has introduced an app-based cashback feature aimed at reducing commuting costs by linking everyday online spending with travel savings. The initiative allows commuters to earn up to INR 20 cashback per transaction on purchases made via major e-commerce platforms. The cashback is credited instantly and can be transferred directly to users bank accounts. Developed in collaboration with multiple technology partners, the feature is positioned as a first-of-its-kind offering in the metro sector. The move is part of a broader push towards digital engagement and commuter-centric services, as urban transport operators increasingly integrate fintech-driven incentives to enhance ridership and user experience.Read more

4 hours ago

Canada's housing market recorded a marginal decline in activity in March, with home sales slipping 0.1% month-on-month and 2.3% annually, according to data from the Canadian Real Estate Association. Prices also weakened, with the Home Price Index falling 0.4% over the month and 4.7% year-on-year. Higher mortgage rates and global economic uncertainty weighed on demand, leading to subdued market conditions. The association has revised its 2026 sales forecast downward to 474,972 transactions, reflecting a slower recovery trajectory. The sales-to-new listings ratio remained below long-term averages, indicating continued market softness.Read more

19 Apr 2026

N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly enhance passenger handling capacity from 1.39 million to 5 million passengers annually and enable round-the-clock operations. The new terminal will also expand parking capacity from around 100 to over 1,000 vehicles. Officials briefed the state government on construction progress and key infrastructure components. The development forms part of broader efforts to strengthen aviation infrastructure and connectivity in the North-East region.Read more

19 Apr 2026

Portugal's Vale do Lobo has introduced a digital concierge platform, Oliver, to support guest services and real estate enquiries across the resort. The AI-enabled system provides 24/7 multilingual assistance covering lifestyle services, bookings and personalised property discovery. It also enables prospective buyers to access tailored insights on available homes and plots, including inventory at The Residences and Vale Real precinct. The initiative reflects a growing trend among global resort destinations to integrate digital tools with on-ground services, enhancing user experience while supporting real estate sales through data-led engagement.Read more

19 Apr 2026

The Ministry of Road Transport and Highways has notified revised toll rules for overloaded vehicles on national highways, introducing a graded fee structure linked to excess weight. Under the new framework, vehicles carrying up to 10% excess load will not face penalties, while those exceeding limits by 10-40% will be charged twice the base toll and those above 40% will pay four times. The rules, effective from April 15, mandate the use of certified weighment systems and FASTag-based digital payments. Data on violations will be recorded in the VAHAN database. The policy aims to improve compliance with load norms, reduce road damage, and strengthen monitoring of freight movement across the highway network.Read more

Lucknow News Desk

19 Apr 2026

The Lucknow Development Authority (LDA) is planning to redevelop its ageing low-rise residential buildings into high-rise structures to improve land use and increase housing supply. The move follows the state's urban redevelopment policy targeting buildings over 25 years old or structurally weak. The plan aims to modernise infrastructure, improve living conditions, and support rising demand in the city. It also aligns with LDA's broader focus on affordable housing, new residential schemes, and infrastructure upgrades, indicating a steady shift towards vertical development in Lucknow's urban planning approach.Read more

19 Apr 2026

SriLankan Airlines plans to increase its flight frequency between Colombo and Melbourne to 10 services per week from August 2026, in response to rising travel demand. The expansion will involve the addition of three new weekly flights, strengthening connectivity between Sri Lanka and Australia. The move reflects growing passenger traffic driven by leisure travel and visits by family and friends, with Australia emerging as a key inbound tourism market. The revised schedule will supplement the airline's existing daily services, supporting capacity growth and network expansion. The development is expected to improve connectivity for transit passengers, including those from India, using Colombo as a hub.Read more

19 Apr 2026

The Bhubaneswar Development Authority has advanced plans for a new road link between Gadakana and Patia railway station with an estimated cost of INR 77 crore. The project is aimed at easing congestion and improving last-mile connectivity in one of the city's fast-growing corridors. With rising residential development and increasing commuter traffic in the Patia region, the new link is expected to reduce pressure on existing roads. The move forms part of a wider effort to strengthen urban mobility and support Bhubaneswar's ongoing expansion.Read more

Bangalore News Desk

19 Apr 2026

Property tax payments in Bengaluru have slowed as apartment residents face confusion over newly introduced solid waste management (SWM) charges. Bulk waste generators must submit detailed data to claim exemptions, but most housing societies do not track daily waste generation. The lack of clarity on the civic portal, uncertainty over vendor approvals, and fear of penalties for incorrect entries have delayed compliance. Residents have also questioned high charges and unclear responsibility between flat owners and associations, highlighting gaps in implementation and coordination.Read more

19 Apr 2026

SOTC Travel has collaborated with Tourism Australia to host a corporate-focused MICE engagement in Mumbai, aimed at promoting Australia as a preferred destination for business travel and incentive programmes. The event brought together CXOs and senior executives from multiple sectors, alongside global travel partners, to showcase Australia's infrastructure, accessibility, and curated corporate experiences. The initiative reflects growing outbound demand from Indian corporates for long-haul MICE destinations offering integrated travel, hospitality, and experiential infrastructure.Read more

19 Apr 2026

Jumeirah, part of Dubai Holding, has announced a phased restoration programme for the Burj Al Arab in Dubai, marking the first major conservation effort since the hotel opened in 1999. The restoration, expected to take around 18 months, will be led by French interior architect Tristan Auer and will focus on preserving the property's architectural identity while upgrading its interiors with refined detailing. The project aims to maintain the hotel's operational continuity while enhancing its design elements, which include bespoke finishes, luxury materials, and heritage features. The move reflects ongoing asset management strategies in Dubai's hospitality sector, where landmark properties are being upgraded to retain relevance amid sustained demand for premium hospitality assets and evolving guest expectations.Read more

19 Apr 2026

Passengers travelling on the Vande Bharat Express between Thiruvananthapuram and Mangaluru have been facing repeated delays, affecting daily travel plans and overall experience. The train has reportedly been running late by over an hour on several occasions, with delays extending up to two hours at some stations. Issues such as single-line track congestion, especially along the Alappuzha section, and inadequate pre-departure maintenance have contributed to the situation. With premium fares attached to the service, passengers have raised concerns over punctuality, cleanliness, and operational efficiency on this key Kerala route.Read more

19 Apr 2026

UK-based Morgan Sindall Group has upgraded its annual profit outlook, citing strong performance in its Fit Out and Construction divisions. The company expects earnings to exceed earlier projections, supported by robust order inflows and improved conversion of project pipelines. Shares rose over 11% following the announcement. While commercial-focused segments are driving growth, the Partnership Housing division is projected to record only modest gains compared to the previous year. The update reflects uneven performance across segments, with private housing continuing to face pressure, even as commercial construction and interior fit-out demand remains strong.Read more

19 Apr 2026

Dubai-based LEVA Hotels has signed a management agreement with Radar Properties to develop a 120-key hotel within the USD 1 billion Kings City mixed-use project in Bulawayo, Zimbabwe. The greenfield development will include a restaurant, fitness centre, spa, and conference facilities, forming part of a 2,100-hectare urban masterplan located near the city's central business district. This marks LEVA's fourth project in Zimbabwe and reflects its strategy to expand in high-growth African markets. The move comes amid limited supply of internationally branded lifestyle hotels in Bulawayo, despite increasing demand from business travel, regional connectivity, and major events such as the Zimbabwe International Trade Fair, positioning the development within a growing hospitality segment.Read more

19 Apr 2026

Highway contractors in India are seeking additional relief measures from the Ministry of Road Transport and Highways amid rising input costs and execution challenges linked to the ongoing West Asia crisis. The sector, which relies heavily on petroleum-based inputs such as bitumen and diesel, has been impacted by supply disruptions and price volatility. Industry stakeholders have requested measures including cost escalation compensation, timeline extensions, and policy clarity on force majeure provisions. The government is understood to be evaluating a second round of support to maintain project viability across EPC and hybrid annuity model projects. The situation has raised concerns over delays and financial stress in ongoing highway developments across the country.Read more

19 Apr 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has opened an Anna Canteen at its headquarters in Rayapudi, Amaravati, to improve food access for employees working across the office campus and nearby municipal department offices. APCRDA Commissioner V. Vijayarama Raju inaugurated the facility in the presence of senior officials, including Additional Commissioner A. Bhargava Teja. The new canteen is expected to benefit staff by providing affordable meal services within the office premises. The initiative also reflects ongoing efforts to strengthen employee support infrastructure in the capital region's administrative hub.Read more

19 Apr 2026

The Centre has indicated that the strategic Tanakpur Lipulekh road project in Uttarakhand will be completed within the next year, with Union minister Nitin Gadkari confirming progress on the 370-km corridor. The INR 5,200 crore project, which connects Tanakpur to Lipulekh via Pithoragarh, has seen approximately 200 km already constructed. The remaining stretch faces geographical and logistical challenges but is expected to be completed on an accelerated timeline. The road is expected to improve connectivity to the Lipulekh Pass, which serves as a key route for the Kailash Mansarovar pilgrimage. The development forms part of broader infrastructure upgrades aimed at enhancing border connectivity and reducing reliance on routes through neighbouring countries.Read more

19 Apr 2026

Yokohama Rubber Co Ltd is set to record a significant financial gain following a planned asset sale by its Israeli subsidiary. Alliance Tire Co will divest land and buildings, leading to an estimated consolidated gain of JPY 30 billion. The move reflects the company's ongoing efforts to optimise its asset base and strengthen financial performance. Such strategic divestments have been part of broader restructuring trends among global tyre manufacturers aiming to improve capital efficiency and focus on core operations.Read more

19 Apr 2026

Union Law and Justice Minister Arjun Ram Meghwal has outlined the government's focus on strengthening institutional arbitration, decriminalising minor offences, and modernising legacy laws to improve India's business environment. Speaking at an international arbitration conference in New Delhi, he highlighted that nearly 1,000 offences have been decriminalised to enhance regulatory efficiency. The government is also reviewing arbitration frameworks and outdated provisions in laws such as the Indian Succession Act, 1925. Additional measures include reforms in the criminal justice system, technology adoption in legal processes, and a new Public Trust Bill passed recently, indicating a broader push to align legal systems with economic and constitutional priorities.Read more

19 Apr 2026

The New Mangalore Port Authority has approved an INR 11 crore project to construct a concrete road connecting the Baikampady Industrial Area with National Highway 66. The plan also includes a dedicated truck yard to manage heavy vehicle movement. The project aims to ease congestion, improve cargo flow and strengthen port connectivity in the region. Authorities have also planned traffic diversions during execution. The development is part of ongoing efforts to improve infrastructure along key coastal logistics corridors.Read more

19 Apr 2026

Air India has reported an annual loss of over INR 220 billion (USD 2.4 billion), higher than expected, driven by operational disruptions, higher costs and external challenges. The airline has approached its shareholders, the Tata Group and Singapore Airlines, for fresh capital support, with discussions ongoing. The funding size is yet to be finalised and may not fully meet requirements. The development comes as the airline continues its turnaround plan, while dealing with leadership transition, safety scrutiny and rising cost pressures impacting its financial performance.Read more

19 Apr 2026

UK-based brokerage Mojo Mortgages has reported strong growth and operational improvements through a hybrid advisory model combining human expertise with artificial intelligence, according to its chief executive Andy Oldham. Based on an analysis of Companies House data tracking brokers with revenues exceeding GBP 1 million between 2022 and 2024, the firm recorded a three-year compound annual growth rate of 102%, with revenues rising from GBP 3.5 million to GBP 14.2 million. The approach integrates automation tools across advisory functions, reducing administrative workloads and improving productivity. The model also supports faster customer processing and increased advisor capacity. The development reflects a broader shift within the UK mortgage sector towards technology-enabled advisory frameworks that balance digital efficiency with personalised guidance.Read more

19 Apr 2026

Mumbai has emerged as one of the world's most luxury car-focused cities, ranking seventh globally in a study analysing online search demand across 50 affluent urban markets. The research, conducted by premium automotive retailer Stratstone, assessed over 3.6 million monthly Google searches across leading luxury and hypercar brands. Mumbai recorded 129,940 monthly searches, making it the highest-ranking city in Asia. European cities dominated the list, with London, Paris and Milan taking the top three positions. The study also identified Porsche as the most searched luxury car brand globally, followed by Lamborghini and Ferrari. The findings reflect strong aspirational demand patterns in global urban centres, including high-density, high-income markets such as Mumbai.Read more

Bangalore News Desk

19 Apr 2026

Bengaluru is witnessing a slowdown in A-khata approvals, with only a small fraction of applications cleared despite a large base of eligible properties. Out of over 8,300 applications filed since the conversion process opened, just around 800 approvals have been granted, highlighting systemic bottlenecks. Missing documentation, including approved layout plans and access records, has emerged as a key hurdle, while high conversion charges linked to guidance value have deterred applicants. The issue affects an estimated 8.2 lakh B-khata properties awaiting regularisation. The delays continue to impact property transactions, financing and development activity, underlining structural challenges in Bengaluru's property record framework.Read more

19 Apr 2026

The PMLA Appellate Tribunal has provided major relief to developer Avinash Bhosale by setting aside most of the Enforcement Directorate's asset attachments in the Yes Bank DHFL case. While properties worth over INR 163 crore were earlier attached, the tribunal retained only around INR 25 crore linked to specific transactions. It found that several deals examined by the ED were older and not directly connected to the alleged offence. The case relates to Yes Bank's INR 3,700 crore investment in DHFL and the alleged diversion of funds through multiple entities.Read more

19 Apr 2026

The Odisha government has announced plans to convert roads leading to mining areas into 8-lane highways as part of a broader infrastructure push in mineral-rich districts. Chief Minister Mohan Charan Majhi made the announcement while laying the foundation stone for the INR 1,581.21 crore Barbil bypass-cum-ring road project in Keonjhar district. The 18.3-km project forms part of a wider programme that includes multiple infrastructure works, power projects, and industrial initiatives. The move is aimed at improving logistics efficiency, supporting mining-linked transportation, and strengthening connectivity between industrial clusters and ports. The plan also includes expediting the Barbil Paradip corridor and enhancing regional infrastructure to support large-scale investments and employment generation.Read more

19 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has ordered Vatika Ltd to pay approximately INR 62 lakh in compensation to homebuyers for failing to deliver a residential plot in Gurugram even after more than a decade. The ruling, issued in the past week, relates to a plot in Sector 85 under the Vatika India Next project, where possession promised earlier remained unfulfilled. HRERA found that the allotted plot was not part of the approved layout plan, making delivery unfeasible. The authority directed the developer to compensate buyers for financial loss and prolonged delay, reinforcing regulatory scrutiny over project compliance and timelines in the NCR real estate market.Read more

18 Apr 2026

The Chhattisgarh cabinet has approved a 50% reduction in land registration charges for properties registered in the name of women, aimed at promoting ownership and financial inclusion. The decision was taken during a cabinet meeting chaired by the chief minister in Nava Raipur. In a parallel move, the cabinet also approved a 25% concession in stamp duty for defence personnel, ex-servicemen and their widows for property purchases up to INR 25 lakh. The policy is expected to encourage property ownership among women, particularly in rural and semi-urban areas, despite an estimated revenue impact of around INR 153 crore. The measure reflects a targeted approach towards gender-focused asset ownership in the housing market.Read more

18 Apr 2026

Dubai's real estate market recorded AED 4.6 billion in net gains for investors in March, driven by 3,308 resale transactions valued at AED 15.39 billion. Data released by f&m Properties indicated that 89.5% of resale deals were profitable, with villas and plots leading returns. Rental activity remained strong, with 36,658 residential tenancy contracts worth AED 3.16 billion, two-thirds of which were renewals. Average residential rents rose 7% year-on-year, led by a 15.9% increase in villa rents. The data reflects sustained investor interest and stable end-user demand despite broader geopolitical uncertainties impacting the region.Read more

Delhi News Desk

18 Apr 2026

The Lieutenant Governor of Delhi has directed authorities to address civic and maintenance issues at Swabhiman Apartments, a DDA-developed housing project in Ashok Vihar. The intervention followed complaints from residents regarding seepage, waste management, lift malfunctions and security concerns. The project comprises 1,675 flats allotted under an in-situ rehabilitation scheme for slum dwellers. Officials have been instructed to take immediate corrective measures and ensure sustained upkeep of the complex. The move highlights growing concerns around post-occupancy maintenance in public housing projects and the need for coordinated action between multiple agencies responsible for operations and infrastructure.Read more

Ludhiana News Desk

18 Apr 2026

Real estate developers in Ludhiana have raised concerns over the rapid proliferation of illegal colonies, urging authorities to take stricter enforcement action to curb unregulated development. Industry stakeholders indicated that such colonies, often developed on agricultural land without approvals, are undermining compliant developers and eroding government revenues. They also flagged the absence of basic infrastructure and legal protections for buyers in these projects. The issue has gained urgency amid continued expansion of unauthorised layouts across the city, despite periodic demolition drives and FIRs against violators. Developers have called for early-stage intervention, tighter monitoring of land-use changes and stricter penalties to prevent further unplanned urban growth.Read more

18 Apr 2026

The Delhi Metro Rail Corporation (DMRC) organised a workshop on escalator safety, bringing together industry experts, officials and stakeholders to strengthen operational practices and public awareness. The session marked the conclusion of a week-long safety campaign focused on lifts and escalators across the metro network. Around 150 participants attended in person, with international original equipment manufacturers joining virtually. The workshop featured technical presentations and demonstrations, including virtual reality-based rescue training tools. The initiative reflects DMRC's continued focus on passenger safety and system reliability, particularly as metro networks expand and passenger volumes increase across urban transport systems.Read more

18 Apr 2026

Bain Capital has opened a new office in Abu Dhabi Global Market (ADGM), marking an expansion of its presence in the Middle East and reinforcing long-term engagement with regional investors. The office will act as a hub to support capital formation, portfolio company expansion, and potential direct investments across sectors such as healthcare, aviation, financial technology, and digital infrastructure. The move builds on the firm's longstanding relationships in the region and follows its partnership with the Abu Dhabi Investment Office under the FIDA cluster. The development reflects Abu Dhabi's growing role as a global financial centre, supported by regulatory stability, access to institutional capital, and increasing interest from international investment firms seeking regional growth opportunities.Read more

18 Apr 2026

The Central Bureau of Investigation (CBI) has registered a case against Ozone Projects Pvt Ltd, its executives and bank officials in connection with alleged corruption and cheating of homebuyers under a subvention scheme. The action follows directions from the Supreme Court as part of a wider probe into a builder bank nexus. The case pertains to projects where home loans were allegedly disbursed in buyers names, with developers failing to service pre-EMIs as agreed. The development is part of a broader crackdown, with multiple FIRs and searches across states targeting similar practices. The investigation focuses on fund diversion, regulatory violations and financial irregularities affecting homebuyers.Read more

18 Apr 2026

Brazil-based Ebanx has announced an expansion into Southeast Asia and adjacent markets, entering Thailand, Indonesia and Turkey while planning launches in Malaysia and Vietnam in the coming quarter. The move marks a strategic push beyond Latin America, where the firm has historically operated. Backed by Advent International and FTV Capital, Ebanx has seen rising international contribution, with 65% of gross profit generated outside Brazil in the past year. The expansion targets high-growth digital commerce markets with low credit card penetration, positioning the firm to support global merchants seeking localised payment solutions.Read more

18 Apr 2026

Industrial and warehousing demand across India's top eight cities reached 11 million sq ft in Q1 2026, reflecting a 22% year-on-year increase, according to Colliers. Third-party logistics (3PL) companies led activity, contributing around one-third of total leasing at approximately 3.5 million sq ft, with demand rising 1.8 times annually. Delhi NCR and Chennai together accounted for nearly half of overall absorption, while Bengaluru and Hyderabad recorded strong growth. New supply stood at 12.5 million sq ft, up 33% year-on-year, leading to a rise in vacancy levels to 16.7%. Despite near-term risks from global supply chain disruptions, long-term demand drivers remain supported by logistics expansion and policy-led manufacturing growth.Read more

Hyderabad News Desk

18 Apr 2026

Jeh Aerospace has entered into a long-term agreement with Liebherr-Aerospace & Transportation SAS to manufacture high-precision landing gear components for commercial aircraft. Production will take place at its Hyderabad facility, marking its integration into a global aerospace supply chain. The partnership reflects increasing global reliance on Indian manufacturers for critical aviation parts. Jeh Aerospace's track record of delivering over 200,000 flight-critical components without defects supported the deal, which is expected to strengthen India's role in precision aerospace manufacturing and long-term global programmes.Read more

18 Apr 2026

A Dubai-based developer recorded pre-construction sales worth USD 47 million for a 42-storey residential tower in Dubai Marina after opting for 3D architectural animations instead of a physical show home. The decision, taken in early 2023, reduced marketing costs significantly and shortened the project's go-to-market timeline. Within roughly three months of launch, 68% of units were sold before construction began, with a majority of buyers located overseas. The digital strategy involved producing multiple animated walkthroughs, covering unit variations, finishes, and surroundings, enabling remote decision-making. Industry comparisons cited in the case indicate faster conversion timelines and higher sales efficiency compared to traditional methods. The shift reflects a broader trend in global real estate markets where developers increasingly rely on digital visualisation tools to engage international buyers and optimise pre-sales.Read more

18 Apr 2026

SVR Srinivas, Managing Director of Amaravati Growth & Infrastructure Corporation Limited, reviewed the progress of key residential projects at the Amaravati Government Complex in the past week. The inspection covered MLA and MLC housing towers as well as Ministers bungalows being developed under the People's Capital initiative. He held discussions with contractors and engineering teams, stressing timely completion and adherence to quality standards. The review focused on strengthening coordination and monitoring mechanisms to ensure efficient execution and delivery as planned.Read more

18 Apr 2026

Enviro Infra Engineers Limited (EIEL) has strengthened its order book to over INR 4,600 crore following fresh project wins worth more than INR 2,240 crore since March 2026. The contracts span water, wastewater and renewable energy segments, including the company's entry into the battery energy storage system (BESS) space through NTPC projects totalling INR 1,070 crore. The execution pipeline is spread over 15&24 months, providing revenue visibility of approximately INR 2,000 crore for FY2027. With a diversified portfolio and expanding presence across states such as Bihar, Maharashtra and Telangana, the company continues to benefit from government-led infrastructure spending in water and renewable sectors.Read more

18 Apr 2026

Amaal has appointed CITIC Middle East Contracting LLC as the main contractor for the AED 1.8 billion MANSORY Residences, a 60-storey ultra-luxury residential tower in Dubai's Meydan Horizon masterplan. The project, positioned as the world's first MANSORY-branded residential development, is scheduled for completion by late 2028. Backed by CITIC Construction Co. Ltd, the contractor will undertake full turnkey execution, including structural works, MEP systems, and integration of smart home and automotive-focused features. The development comes amid sustained demand for high-value, design-led residential assets in Dubai, supported by strong investor activity and rising transaction volumes in the emirate's property market. The partnership also reflects broader UAE-China economic ties, with increasing cross-border investment and construction collaboration.Read more

18 Apr 2026

Srishti Group has introduced limited-period festive offers across its residential projects, Craft d Srishti in Nahur (West) and Srishti Oasis in Bhandup (West), aligned with the Akshaya Tritiya buying season. The scheme includes financial incentives such as zero GST, no floor rise charges, spot discounts, and a flexible payment plan, alongside a 10 gm gold coin for buyers. The developments are located along the Goregaon-Mulund Link Road (GMLR), a key infrastructure corridor expected to improve east west connectivity in Mumbai. The offer window remains open until the end of the current month, targeting both end-users and investors.Read more

18 Apr 2026

Noida International Airport (Jewar Airport) has installed over 6,000 low-emission, recyclable furniture units across its terminal and operational areas, marking one of the first large-scale deployments of such systems in India's airport infrastructure. Executed by AFC Furniture Solutions, the installation spans public seating, workstations and control desks across a 1,00,000 sq m facility. The furniture, designed with a 66% recyclability rate and lower carbon footprint, supports the airport's net-zero target. The project aligns with broader sustainability goals in airport design, where emissions reduction is being extended beyond core infrastructure to interior fit-outs and operational assets.Read more

18 Apr 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a public grievance redressal session at its headquarters in Rayapudi, Amaravati, where Commissioner V. Vijay Rama Raju, IAS, received petitions from farmers, residents and other stakeholders. Held in the past week, the session recorded a total of 30 grievances relating to land, planning and civic concerns within the capital region. Senior officials across engineering, planning, land administration, survey, legal and social development departments were present during the review. The Commissioner assessed each submission and instructed relevant departments to initiate prompt action to address the issues. The exercise forms part of APCRDA's ongoing administrative mechanism to engage with affected stakeholders and monitor grievance resolution within the Amaravati capital region development framework.Read more

18 Apr 2026

Drone-based land mapping under the SVAMITVA scheme has led to a 23% increase in sanctioned rural loan amounts, according to a working paper by the Economic Advisory Council to the Prime Minister. The initiative converts residential land parcels into verifiable assets, enabling villagers to use them as collateral for formal credit. The scheme, implemented by the government with support from the Survey of India, focuses on digitising rural land records through drone surveys. By providing legal property documentation, the programme has improved access to institutional finance, reduced land disputes, and strengthened rural economic participation. The development highlights the growing role of geospatial technology in formalising land ownership and unlocking credit flows in India's rural economy.Read more

18 Apr 2026

The Karnataka government is moving ahead with a housing initiative to develop planned residential layouts for Scheduled Caste and Scheduled Tribe communities, adopting a private developer-style model. The pilot will cover nearly 1,000 acres, with initial land parcels already identified in districts such as Belagavi, Ballari and Mysuru. Backed by an allocation of about INR 20 crore under the SCP/TSP scheme, the project focuses on delivering fully serviced plots with infrastructure in place before allotment, addressing long-standing gaps seen in earlier site distribution programmes.Read more