26 minutes ago

Sri Lanka’s stock market closed higher in the latest trading session, supported by gains in real estate, energy and healthcare counters. The CSE All Share Index rose 1.1% as investor activity improved sharply compared to the previous session. Trading volumes and market turnover also recorded a strong increase, indicating higher participation from local investors. Industrial Asphalts (Ceylon) PLC and SMB Finance PLC emerged as the biggest gainers during the session. Exchange data further showed that while foreign investors remained net sellers, domestic investors continued to support the market with strong buying activity.Read more

56 minutes ago

A government-backed study on income disparity in Nagaland has revealed significant inequality in household earnings across the state, with the top 5 per cent of households accounting for nearly 21 per cent of total income while the bottom 50 per cent receive only around 18 per cent. The report, prepared under the Ministry of Statistics and Programme Implementation in collaboration with the University of Hyderabad, recorded a Gini coefficient of 0.46, indicating a high level of income concentration. The findings also showed that urban areas have marginally higher inequality than rural regions, while districts such as Longleng reported the sharpest income disparities across both urban and rural households.Read more

1 hour ago

Guwahati-based Poddar Group has announced plans to invest INR 800 crore over the next five to 10 years to expand its hospitality portfolio, with a primary focus on the Northeast. The company aims to develop 10 hospitality assets through a mix of owned, leased and acquired properties. The expansion strategy comes as the region witnesses stronger tourism demand, improved connectivity and rising appetite for premium hospitality experiences. The group also launched its second Hotel Palacio property in Guwahati and confirmed that the Hyatt Regency Gangtok project is currently under development, reflecting its broader ambition to strengthen its regional hospitality footprint.Read more

1 hour ago

The Comptroller and Auditor General of India has started a special audit covering 101 cities to evaluate ease of living, urban mobility and the effectiveness of public infrastructure. The exercise will assess whether government spending on transport, connectivity and civic services has improved the daily lives of citizens. The audit will study quality of life, sustainability, accessibility and governance standards in urban centres. It will also review first-mile and last-mile connectivity and multi-modal transport systems with support from institutions such as IITs, IIMs and the World Bank as Indian cities continue to face rising congestion and infrastructure pressure.Read more

2 hours ago

Adani Green Energy Ltd (AGEL) has incorporated two new step-down subsidiaries through its wholly owned arm Adani Renewable Energy Sixty Four Limited as part of its renewable energy expansion strategy. The newly formed entities — ARE64L Step-One Renewable Energy Limited and ARE64L Step-Two Renewable Energy Limited — will focus on power generation using renewable energy sources. The development forms part of AGEL’s broader portfolio expansion across utility-scale clean energy projects in India. The company, a part of the Adani Group, operates across solar, wind, hybrid and energy storage segments. The announcement comes as renewable energy developers continue to expand project pipelines amid rising investments in clean power infrastructure and India’s long-term energy transition targets.Read more

2 hours ago

India’s real estate sector is increasingly integrating digital and data-driven technologies across project planning, construction, sales and asset management as developers respond to rising operational costs, regulatory requirements and changing consumer expectations. A joint report released by FICCI and KPMG estimated the sector’s market size at USD 650 billion in 2025 and projected it to expand to USD 5.8 trillion by 2047. The report highlighted that technology is becoming central to the sector’s operational framework, replacing fragmented and paper-based systems with scalable digital processes. Industry stakeholders noted that stronger institutional participation, the growth of REITs and InvITs, and more digitally aware homebuyers are accelerating the shift towards transparency, efficiency and integrated property services. The findings were presented during a real estate summit organised by FICCI in New Delhi.Read more

3 hours ago

Civil society organisations and tribal bodies in Dimapur have opposed any move to relocate Nagaland’s only railway station outside the state and have called for a faster resolution of land disputes linked to the redevelopment project. The Dimapur Railway Station is being upgraded under the Amrit Bharat Station Scheme, but pending court cases involving several patta holders have slowed progress. Local groups said prolonged delays could affect the project timeline and may create uncertainty around future railway investments in the state. Committees have now been formed to coordinate with landowners, officials and other stakeholders to prevent further delays.Read more

3 hours ago

Capital markets regulator Securities and Exchange Board of India (Sebi) has settled proceedings against four entities in connection with an alleged layered diversion of funds involving erstwhile Indiabulls Real Estate Ltd, now known as Embassy Developments Ltd, after the entities collectively paid around INR 10.49 crore as settlement amount. The matter relates to Sebi’s investigation into alleged diversion, siphoning and misappropriation of funds routed through subsidiary Albasta Infrastructure Ltd between FY10 and FY17. The regulator had examined the company’s consolidated financial statements for FY15 to FY17 and subsequently issued a show-cause notice in 2023. The settlement applications, filed in 2024, were approved by Sebi’s whole-time members earlier this year. The entities settled the matter without admitting or denying the findings and legal conclusions recorded by the regulator.Read more

3 hours ago

Ganesh Real Estate Management Institute (GREMI), backed by Ganesh Housing Limited, has received approval from the All India Council for Technical Education (AICTE), becoming Gujarat’s first institute exclusively focused on real estate education. The institute is set to begin its first academic batch in August 2026 with a postgraduate programme in real estate development and management. GREMI aims to address the shortage of structured and industry-focused education in India’s rapidly growing built environment sector. The institute will initially operate from Million Minds Tech City in Ahmedabad while also pursuing deemed university status and planning a 100-acre integrated campus.Read more

4 hours ago

India is working towards strengthening GIFT City as a complete aircraft leasing and aviation financing hub instead of only a registration destination, Union Civil Aviation Minister Rammohan Naidu said during the India Aircraft Leasing and Financing Summit 2.0 in Gandhinagar. The government is focusing on legal, tax and financing reforms to support the aviation sector, which continues to witness strong growth. India’s commercial aircraft fleet is expected to expand sharply by 2032, while passenger traffic and airport infrastructure development are also seeing rapid growth. The Centre is additionally planning to boost domestic aviation financing and expand seaplane operations.Read more

4 hours ago

The Centre plans to introduce a Postal Logistics Infrastructure Plan aimed at modernising India Post’s parcel and logistics network in line with global standards. Communications Minister Jyotiraditya Scindia said the initiative will strengthen supply-chain efficiency, support rising e-commerce demand and upgrade postal infrastructure through technology-led systems. The government is also expanding delivery capabilities, extending post office operating hours and accelerating digitisation across services.Read more

4 hours ago

The Andhra Pradesh government has approved investment proposals worth more than INR 2 lakh crore through the State Investment Promotion Board (SIPB), covering sectors including data centres, renewable energy, manufacturing and industrial infrastructure. The approvals were granted during the 17th SIPB meeting chaired by Chief Minister N Chandrababu Naidu in Amaravati. Among the largest proposals cleared were Reliance Industries’ data centre project in Visakhapatnam and a solar power and battery storage project in Sri Sathya Sai district. The board also approved an Adani Group pumped storage project in Kadapa and a Royal Enfield manufacturing facility in Tirupati. Officials stated that 25 projects with a combined investment of INR 2,01,023 crore were cleared and are expected to generate around 39,000 jobs. The state government directed departments to ensure faster implementation and time-bound execution of approved projects.Read more

5 hours ago

A section of the Gurugram-Sohna elevated road near Subhash Chowk caved in again during the past week, leading to traffic disruption and renewed concerns over the condition of the corridor. The incident exposed a large crater and sewage flow beneath the damaged road surface, with residents alleging that recurring sewer line failures are weakening the structure from below. The stretch has witnessed similar collapses in recent years, prompting questions over construction quality, drainage planning and long-term maintenance. The elevated corridor, developed at an estimated cost of around INR 1,466 crore, is one of Gurugram’s key road infrastructure projects.Read more

5 hours ago

Awfis Space Solutions has expanded its Chennai footprint by adding two new flexible workspace centres in key commercial locations, increasing its presence in the city to 28 centres covering around 8.75 lakh sq ft. The new facilities at Olympia Crystal in Guindy and DLF Cyber City together contribute nearly 1.14 lakh sq ft of workspace. In a separate international move, The Executive Centre has launched a new managed office facility in Riyadh’s King Abdullah Financial District, strengthening its global expansion in premium flexible workspace offerings amid rising enterprise demand.Read more

6 hours ago

The Ministry of Railways has initiated land acquisition proceedings for a road overbridge project between Nidadavolu and Chagallu stations in Andhra Pradesh, marking progress in a long-pending railway infrastructure exercise linked to regional connectivity upgrades under South Central Railway (SCoR). A recent gazette notification issued by the Union government proposes the acquisition of over 5.25 acres across villages in East Godavari district for the construction of a road overbridge in place of an existing level crossing. The move comes after prolonged inter-state coordination and alignment-related delays affecting multiple railway expansion and connectivity initiatives involving Andhra Pradesh and Odisha. The acquisition covers both government and privately held land parcels, including agricultural plots, and forms part of broader efforts to improve rail movement, reduce congestion at level crossings, and strengthen operational efficiency on the corridor.Read more

6 hours ago

NDR InvIT has inaugurated a fully operational 1 lakh sq ft Grade A warehousing facility at Verna in South Goa, further expanding its logistics and industrial real estate portfolio in the state. The facility has already been leased to a manufacturing occupier, reflecting growing demand for organised warehousing infrastructure in emerging industrial markets beyond major metropolitan regions. Located within one of Goa’s established industrial belts, the development benefits from connectivity to highways, ports and industrial clusters. Following the operationalisation of the project, NDR InvIT’s total warehousing portfolio in Goa has increased to nearly 1.3 million sq ft, as the company continues to expand its presence in underpenetrated industrial and logistics markets.Read more

7 hours ago

Pavilion Real Estate Investment Trust reported an increase in its first-quarter financial performance for 2026, supported by higher revenue and improved profit attributable to equity holders. Revenue for the quarter stood at 245.9 million RGT compared to 228.2 million RGT in the same period last year. Profit attributable to equity holders rose to 105.8 million RGT from 90.4 million RGT previously. The performance reflects steady operating momentum in the trust’s underlying assets. REITs in the region have generally benefited from stable retail recovery and improving tenant activity across key commercial properties.Read more

7 hours ago

The Securities and Exchange Board of India (SEBI) has directed providers of designated ‘significant indices’ to apply for registration within six months under the SEBI (Index Providers) Regulations, 2024. In a circular issued earlier this week, the regulator defined significant indices as benchmarks tracked by mutual fund schemes with average cumulative assets under management (AUM) exceeding INR 20,000 crore for six consecutive months. SEBI also released an initial list of 48 significant indices, including Sensex, Nifty 50, Nifty Bank and several debt and hybrid benchmarks administered by NSE Indices, BSE Index Services and CRISIL. The move forms part of a broader regulatory framework aimed at increasing transparency, governance standards and accountability in the administration of market indices used across India’s securities ecosystem.Read more

8 hours ago

Aptus Value Housing Finance reported a 26% year-on-year increase in net profit for the March quarter of FY26, supported by technology upgrades and operational improvements. The company’s quarterly profit rose to INR 261 crore, while total income increased 19% to INR 594 crore. For the full financial year, profit climbed to INR 943 crore with strong growth in income and assets under management. The lender also recorded its highest-ever quarterly disbursements during the quarter. However, asset quality saw some pressure, with both gross and net NPAs moving higher compared to the previous year.Read more

8 hours ago

The Telangana government has approached the Centre for approval of the proposed Hyderabad Metro Rail Phase-II project, estimated at INR 38,595 crore. The expansion plan covers 122.9 km across seven corridors and aims to improve connectivity in fast-growing residential and commercial areas of Hyderabad. Chief Minister A. Revanth Reddy recently met Union Housing and Urban Affairs Minister Manohar Lal Khattar in New Delhi and requested faster clearance for both Metro Phase-II and the proposed airport connectivity corridor under Phase-III. The state government has also submitted detailed project reports and is pushing for quicker implementation of the expansion plan.Read more

9 hours ago

The Bombay High Court has heard a batch of writ petitions challenging mutation entries made by the Maharashtra government on land parcels in Yeoor village, Thane, under the Maharashtra Private Forest (Acquisition) Act, 1975. The petitions were filed by multiple landowners, including Roselind Pauly and others, who argued that their lands were wrongly recorded as vested with the State through Mutation Entry No. 616. The petitioners relied on a 2016 division bench judgment in Dr Arjun Sitaram Nitanwar vs Tahsildar, District Thane and Others, where certain land parcels in the same village were declared not to be private forest land and the mutation entries in favour of the State were cancelled. A division bench comprising Justices Bharati Dangre and Manjusha Deshpande directed the government to seek instructions from revenue authorities before the matter is heard further later this month.Read more

9 hours ago

Recove Ventures Pvt Ltd has signed a 10-year memorandum of understanding with the Maharashtra government to invest more than INR 500 crore in building a large-scale plastic recycling and circular manufacturing ecosystem across the state. The agreement, announced in Mumbai in the past week, covers investments in waste processing, recycling, material recovery, aggregation and related manufacturing activities. In the first phase, the company plans to establish capacity to process 5,000 tonnes of plastic waste per month, with a long-term target of scaling operations to 100,000 tonnes annually. The initial project under the partnership will be an advanced high-density polyethylene (HDPE) and polypropylene (PP) recycling facility at Additional Jalgaon MIDC, involving an investment of over INR 35 crore. The facility is expected to become operational by the end of 2026 and generate both direct and indirect employment in the region.Read more

10 hours ago

The Ahmedabad Municipal Corporation (AMC) has generated INR 365.8 crore through the online auction of two commercial land parcels in Bodakdev, Ahmedabad. The auctions received strong participation from developers and investors, reflecting sustained demand for premium commercial locations in the city’s western corridor. While the two Bodakdev plots secured successful bids above or close to the reserve price, three other plots in Thaltej, Motera and Shilaj did not receive bids. The transactions are expected to be finalised after approval from AMC’s reconstituted standing committee following the recent municipal election process.Read more

10 hours ago

Wynn Resorts reported quarterly results that came in above market expectations, supported mainly by improved performance from its Macau operations. The company recorded a rise in adjusted profit per share and overall revenue growth during the quarter. Macau properties, including Wynn Palace and Wynn Macau, saw an increase of over 10% in adjusted profit, contributing significantly to the results. The company also noted steady operations in Las Vegas while continuing to manage international developments, including its project in the United Arab Emirates, where construction activities resumed after a brief pause.Read more

11 hours ago

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a newly built two-lane bridge in Gorakhpur’s Taramandal area at a cost of about INR 14.3 crore. The bridge has been constructed over a water body to improve local connectivity and support growing residential and commercial movement in the region. During the inauguration, he highlighted the need for citizens to take responsibility for maintaining public infrastructure and cleanliness. He also noted the transformation of Taramandal from a flood-prone locality into a fast-developing urban zone driven by continuous infrastructure expansion.Read more

11 hours ago

Escorts Kubota Ltd reported a marginal rise in consolidated net profit for the fourth quarter, supported by strong growth in revenue and tractor sales. The company’s revenue from operations increased significantly during the quarter, while tractor volumes saw healthy double-digit growth. Construction equipment sales also improved on a yearly basis. For the full financial year, the company recorded a sharp jump in profit and higher revenue, driven mainly by better performance in the farm equipment business. The board has also recommended a final dividend for shareholders for FY26, subject to approval at the upcoming annual general meeting.Read more

12 hours ago

Uttar Pradesh Real Estate Regulatory Authority has capped the processing fee for transfer of flats to legal heirs at INR 1,000 in cases involving the death of the original allottee, introducing revised provisions aimed at preventing arbitrary charges by developers. The amendment to Regulation 47 was announced by UP RERA Chairman Sanjay Bhoosreddy during the authority’s 10-year completion review earlier this week. The regulator stated that several complaints had been received against builders allegedly charging transfer fees running into lakhs of rupees. The revised framework also fixes a maximum charge of INR 25,000 for transfers outside blood relations and standardises documentation requirements. UP RERA additionally highlighted strong growth in project registrations and investment inflows across Uttar Pradesh’s real estate sector.Read more

12 hours ago

US-based technology company Adobe has opened a new office campus in Noida, expanding its India footprint with its seventh office in the country. Located in Sector 129, the facility will accommodate more than 700 employees across engineering and customer-focused functions. The expansion comes as Adobe increases investments linked to artificial intelligence, digital products and enterprise technologies in India, which remains the company’s largest workforce base outside the United States. Adobe stated that its India operations, established in 1997 as an engineering research and development centre, now employ more than 8,000 people and contribute over one-third of its global innovation output. The office launch follows recent strategic initiatives by the company, including partnerships and educational access programmes aimed at expanding adoption of AI-powered creative and document management tools across the Indian market.Read more

13 hours ago

Germany-based real estate major Vonovia reported a decline in its first quarter performance as higher financing expenses weighed on results amid ongoing geopolitical tensions in the Middle East. The company recorded a 4.1% drop in adjusted earnings before tax compared to the previous year. Rising borrowing costs, particularly linked to longer-term financing rates, impacted overall profitability. Despite the pressure, the company maintained a stable outlook for its property portfolio value. Management noted that it is closely monitoring developments in the region as they continue to influence financing conditions and cost structures in the real estate sector.Read more

13 hours ago

Simhastha Kumbh Mela in Nashik will be organised as a technology-driven and environmentally conscious religious gathering, according to Maharashtra Chief Minister Devendra Fadnavis. Speaking during an industry and investment-related event linked to Kumbh preparations earlier this week, the chief minister said the state government intends to deploy digital systems extensively for crowd management, coordination and public services while maintaining the spiritual character of the event. The administration is also planning river-cleaning measures, sewage treatment infrastructure and sustainability-focused interventions ahead of the large-scale gathering scheduled to begin later this year. The event is expected to support economic activity and infrastructure development across Nashik district, including projects such as the Nashik Ring Road.Read more

14 hours ago

The Haryana State Pollution Control Board (HSPCB) has issued show-cause notices to two residential projects along Gurugram’s Dwarka Expressway after inspections found alleged discharge of untreated sewage into nearby drains. The action was part of a larger compliance drive covering multiple high-rise housing societies to check whether sewage treatment plants (STPs) were operating as per environmental norms. Water samples have been collected for laboratory testing, while authorities have warned of strict action against projects violating pollution rules. The inspections come amid increasing concerns over sewage management, rapid urban expansion, and pressure on Gurugram’s drainage infrastructure.Read more

14 hours ago

Kolkata’s metro network has received fresh government approval for infrastructure strengthening focused mainly on the North-South Metro corridor. The plan includes allocation of nearly INR 895.3 crore for system upgrades, with a major share directed towards improving power supply, traction substations, and signalling systems. These upgrades are expected to support higher train frequency and improve reliability for daily commuters. The initiative also aims to address operational stress caused by rising passenger demand and ageing infrastructure, while improving coordination across agencies handling metro execution and maintenance.Read more

15 hours ago

Sarbananda Sonowal reviewed the progress of the National Maritime Heritage Complex earlier this week and directed officials to complete Phase 1 of the project by July 2026. During the review meeting, the Union minister instructed project teams to accelerate ongoing construction works and ensure timely completion of key interior and structural components, including mural installations, ceiling fabrication, flooring and exhibition panels. The minister also reviewed maritime conditions in the Gulf region and instructed officials to take necessary measures for the safe movement of India-bound vessels. The Lothal project is being developed as a major cultural and tourism infrastructure initiative focused on India’s maritime history and heritage.Read more

11 May 2026

The central government has introduced revised National Building Construction Standards, replacing the earlier National Building Code framework. The changes shift key provisions, including fire and life safety, from mandatory compliance to an advisory approach. It also increases the height threshold for stricter fire norms from 15 metres to 24 metres. The move is aimed at simplifying approvals and reducing regulatory burden, but has raised concerns among experts about enforcement gaps and safety risks, especially in densely populated urban areas where compliance has historically been uneven.Read more

11 May 2026

KEC International, part of the RPG Group, has secured new orders worth INR 1,002 crore across its transmission and distribution, renewable energy, transportation, and cables businesses. The contracts include a 500 kV HVDC transmission line project in western India, cabling works in eastern India, and equipment supply in the Americas. The company has also won a wind energy project exceeding 100 MW in southern India and signalling contracts in the railways segment. These additions strengthen its domestic and international order book, particularly in high-voltage transmission and renewable energy. The company operates across more than 110 countries, covering EPC and infrastructure supply segments.Read more

11 May 2026

Mazaya Real Estate Development has completed the sale of the Golden Plaza complex located in the Abu Hamour area for 185 million riyals. The company announced the transaction during the past week, marking another major asset monetisation move by the Qatar-based real estate developer. The deal comes at a time when several developers in the Gulf region are focusing on strengthening liquidity, restructuring portfolios and improving operational efficiency amid changing market conditions. Mazaya Real Estate has continued to focus on managing its property assets and investments across the region while monitoring opportunities for long-term growth.Read more

11 May 2026

UltraTech Cement has identified rising plastic packaging costs, fuel-linked expenses and freight pressures as key operational challenges amid ongoing geopolitical disruptions in West Asia. The company stated that sharp increases in polymer and plastic raw material prices significantly raised cement bag costs during the March quarter, resulting in an additional expenditure of around INR 90 crore. Despite near-term cost pressures and currency-related losses linked to rupee depreciation, the company said it remains on track for double-digit volume growth in FY27 and continues to pursue aggressive capacity expansion plans. UltraTech has also outlined annual capital expenditure investments of INR 8,000–10,000 crore as it targets cement production capacity of 240 MTPA by FY28.Read more

11 May 2026

Newmark Group recently facilitated the sale of a major industrial redevelopment opportunity in Newark on behalf of Anheuser-Busch. The transaction, valued at USD 360 million, highlights the continued demand for large industrial and logistics assets across key US markets. Newark remains one of the country’s most important warehousing and distribution hubs because of its connectivity to ports, highways and dense population centres. The deal also reflects the growing trend of industrial redevelopment in urban locations where older manufacturing sites are being repositioned for modern logistics and supply chain requirements.Read more

11 May 2026

Global capability centres (GCCs) are undergoing a structural shift from back-office functions to strategic roles, with the emergence of “policy-tech GCCs” that integrate regulatory intelligence with technology development. These centres are gaining importance as businesses face increasingly complex compliance requirements across data privacy, artificial intelligence, cybersecurity and financial systems. India is positioning itself as a key hub for such centres, supported by a multidisciplinary talent base and a supportive policy environment. The shift reflects how governance and compliance are becoming embedded within core technology systems rather than treated as separate functions.Read more

11 May 2026

Host Hotels & Resorts has raised its full-year 2026 adjusted funds from operations (FFO) forecast after reporting better-than-expected first-quarter earnings, supported by strong bookings across its luxury hotel portfolio. The Maryland-based REIT has continued to benefit from steady spending by affluent travellers despite broader economic uncertainty. The company also posted growth in quarterly revenue and exceeded analyst estimates on adjusted FFO per share. Following the announcement, Host Hotels’ shares gained in extended trading, reflecting investor confidence in the resilience of the luxury hospitality segment.Read more

11 May 2026

Adani Ports is planning to invest up to INR 13,000 crore to scale up its marine fleet and strengthen maritime operations following strong FY26 financial and operational growth. The company reported a 25% rise in revenue to INR 38,736 crore and became the first Indian integrated transport operator to handle more than 500 million metric tonnes (MMT) of cargo in a single financial year. APSEZ’s marine business also recorded significant expansion during the year, supported by fleet additions and higher operational activity. The proposed investment forms part of the company’s broader logistics and shipping strategy amid changing global trade patterns, geopolitical disruptions in shipping corridors and increasing focus on integrated port-led infrastructure networks.Read more

11 May 2026

Realty Income has raised its 2026 adjusted funds from operations (FFO) forecast after reporting strong quarterly performance supported by steady leasing demand and increased investment activity. The real estate investment trust also increased its full-year investment guidance following continued expansion across retail and commercial assets. The company reported better-than-expected quarterly revenue and earnings, helped by stable rental growth and long-term lease agreements. Realty Income’s partnership with Apollo Global Management for a major retail property joint venture further strengthened its investment pipeline as the company continued to expand its portfolio across multiple sectors.Read more

11 May 2026

Chiron Real Estate Inc. has announced a USD 100 million strategic convertible perpetual preferred equity investment led by Maewyn Capital Partners. The funding is expected to support the company’s long-term growth plans and strengthen its capital position amid changing market conditions in the real estate sector. The investment comes at a time when several real estate firms globally are looking at alternative capital-raising strategies, including preferred equity and structured investments, to improve liquidity and support expansion plans without immediate dilution pressure on existing shareholders.Read more

11 May 2026

Arisinfra Solutions subsidiary ArisUnitern RE Solutions has entered into an eight-month Developer-as-a-Service (DaaS) engagement with The Wadhwa Group for the Wadhwa Wise City township in Panvel, Maharashtra. The mandate covers inventory monetisation linked to a gross development value (GDV) of around INR 650 crore, with plans to release an additional INR 400–450 crore worth of inventory over time. The collaboration will see Arisinfra deploy its technology-led execution platform across construction monitoring, sales management, CRM systems, channel partner tracking and cashflow oversight. The companies said the arrangement is intended to improve execution efficiency and accelerate sales momentum at the integrated township project, which includes residential, retail, commercial and civic infrastructure components.Read more

11 May 2026

Real estate firm NeoLiv has sold all 285 residential plots launched in its luxury township project NeoLiv Golf One in Faridabad, generating sales worth INR 1,251 crore. The entire inventory was reportedly sold within six hours of launch, reflecting strong demand for premium plotted developments in the NCR market. Spread across 47 acres, the project offers plots priced between INR 2.88 crore and INR 9.94 crore. The company said the development achieved a pricing of around INR 2 lakh per square yard. NeoLiv plans to expand its presence further with multiple launches planned across Delhi-NCR and the Mumbai region during this financial year.Read more

11 May 2026

The Delhi Disaster Management Authority (DDMA) has issued eviction notices to families living in the Yamuna Bazar area near Nigam Bodh Ghat, directing them to vacate the floodplain settlement within 15 days or face demolition action. Authorities said around 310 structures have been identified as encroachments on the Yamuna floodplains, where construction is prohibited due to environmental and flood risks. Residents have opposed the move, saying many families have lived there for decades and depend on nearby jobs for survival. They have demanded proper rehabilitation and alternative housing before any demolition is carried out.Read more

11 May 2026

HMG Stones is preparing to invest around INR 40 crore in FY27 to expand its operations and strengthen its presence in the natural stone segment. The Bengaluru-based company plans to invest in advanced machinery, automation and a new experience centre near Bengaluru airport as it targets revenue of INR 120-150 crore in FY27 after crossing INR 100 crore in FY26. Demand from luxury housing, villas and large-format homes has supported growth in marble consumption over the last two years, while rising logistics costs and import dependence continue to remain key concerns for the industry.Read more

11 May 2026

Brookfield and Alshaya Group have entered into a joint venture to develop a 480,000-square-foot mixed-use project in Dubai Hills, strengthening confidence in Dubai’s real estate market despite regional geopolitical tensions. The development will include Grade A office spaces, build-to-rent residences and retail outlets. Brookfield Properties will manage the project, while Alshaya plans to set up its new UAE office within the development. The partnership adds to Brookfield’s growing Middle East real estate presence after its recent USD 1 billion residential venture with Abu Dhabi-based Lunate and reflects continued investor interest in integrated urban developments across Dubai.Read more

11 May 2026

Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is expected to approve more than 400 new real estate projects during 2026, reflecting the rapid expansion of the property market beyond established centres such as Noida and Lucknow. Improved infrastructure, expressway development and the upcoming Jewar airport have accelerated residential and mixed-use activity across multiple Tier II and Tier III cities in the state. UP-RERA Chairman Sanjay R Bhoosreddy stated that project registrations have steadily increased over the past three years, while industry leaders at a FICCI real estate summit highlighted growing investor confidence, rising housing demand and the increasing importance of transparency and digital integration across the real estate lifecycle.Read more

11 May 2026

The Maharashtra government has moved ahead with the Mumbai Water Metro project aimed at reducing congestion across Mumbai and the wider metropolitan region through an expanded urban water transport network. The Maharashtra Maritime Board has signed an MoU with Norway-based maritime technology firm Hyke AS to support vessel deployment and explore shipbuilding opportunities in the state. The project’s detailed plan includes upgrading 24 existing terminals and developing 21 new terminals across multiple coastal and creek routes within the Mumbai Metropolitan Region.Read more