SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

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Navi Mumbai civic body intensifies demolition drive against unauthorised construction in Nerul

35 minutes ago

Navi Mumbai Municipal Corporation has undertaken demolition action against an unauthorised structure in the Nerul division after the property owner failed to comply with a statutory notice issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966. The construction, located in Nerul village, was found to be ongoing despite prior enforcement warnings. The action was executed under the direction of Municipal Commissioner Dr Kailas Shinde, with supervision from senior officials including Additional Commissioner Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad. The operation involved municipal staff, labourers and mechanised equipment, supported by police personnel. The civic body has stated that enforcement drives will continue to address unauthorised developments across its jurisdiction.Read more

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CleanMax to invest INR 7,000 crore to expand renewable capacity to 4.5 GW by FY27

1 hour ago

CleanMax Enviro Energy Solutions is planning a capital expenditure of around INR 7,000 crore to expand its renewable energy capacity by 1,500 MW by FY27. The company is focusing on the commercial and industrial (C&I) segment, where demand for green power is rising steadily. With an existing capacity of about 2.8 GW and a strong pipeline, CleanMax aims to scale up its presence across key states. The expansion will include solar, wind and hybrid projects, along with increased inter-state supply capabilities to serve large corporate clients.Read more

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Delhi–Dehradun expressway set for phased opening in April as final work nears completion

2 hours ago

The Delhi-Dehradun Expressway is nearing completion, with most stretches ready and phased openings expected from April. The 210-213 km access-controlled corridor, built at an estimated cost of around INR 12,000-13,000 crore, will reduce travel time between the two cities from 6-7 hours to about 2-2.5 hours. Final works such as lane markings and safety checks are underway. The project includes a key wildlife corridor through Rajaji National Park and is expected to improve connectivity, ease congestion, and support tourism and real estate growth along the route.Read more

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Indian Railways approves INR 647.58 crore projects to improve connectivity in Gujarat and Bihar

3 hours ago

Indian Railways has cleared projects worth INR 647.58 crore in Gujarat and Bihar to improve rail connectivity and reduce congestion. The plan includes a rail-over-rail flyover at Kosamba and a rail bypass at Bhagalpur. These projects aim to streamline train operations, improve safety, and increase line capacity on busy routes. The Kosamba flyover will support a key gauge conversion project, while the Bhagalpur bypass will help decongest existing tracks. The move is part of the Railways ongoing focus on improving efficiency and network capacity.Read more

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Whitefield–Bangarpet rail line expansion cleared to improve capacity and reduce delays

Bangalore News Desk

4 hours ago

South Western Railway has approved the quadrupling of the Whitefield Bangarpet rail corridor in Karnataka with an estimated cost of INR 1,481 crore. The 42-km stretch is a key route linking Bengaluru with Chennai and currently faces heavy congestion. The project will add two additional tracks, improving capacity for both passenger and freight movement. With special project status granted, faster land acquisition and approvals are expected. The upgrade is likely to reduce delays, improve punctuality, and benefit daily commuters from nearby towns.Read more

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Land acquisition for strategic petroleum reserve expansion reaches advanced stage

5 hours ago

The central government has indicated that land acquisition for expanding India's strategic petroleum reserves is in an advanced stage, marking steady progress in boosting the country's energy security. The expansion aims to increase crude storage capacity and reduce risks from global supply disruptions. Work on planning, feasibility, and partnerships is moving alongside land-related processes. The move builds on existing reserves at key locations and reflects India's continued efforts to strengthen its buffer against oil price volatility and geopolitical uncertainties affecting fuel supply.Read more

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Mid-market firms drive GCC expansion as global delivery shifts beyond large corporates

6 hours ago

Mid-sized companies are increasingly establishing Global Capability Centres (GCCs), marking a shift from their traditional dominance by large multinational corporations. According to Alouk Kumar of Inductus Group, private equity-backed firms are leading this trend by relocating core functions such as engineering, data science and product development to offshore centres. The transition reflects a move from cost arbitrage to value creation, with GCCs enabling faster innovation cycles and improved EBITDA margins. Talent dynamics are also contributing, as emerging technology hubs offer access to skilled professionals seeking greater ownership and flatter organisational structures. The rise of GCC as a Service and modular infrastructure is further lowering entry barriers for mid-market firms to establish global operations.Read more

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Amaravati infrastructure works reviewed on site to track progress and coordination

7 hours ago

An on-site review of ongoing development works in Amaravati was carried out by S.V.R. Srinivas, Managing Director of AGICL. The inspection covered major projects including the MLA/MLC housing, minister bungalows, and judges and secretaries residences. A review meeting was also held with project representatives from KMV and BSR to assess construction progress and resolve issues. The review extended to AGC roads and underground utility works, which are key to the city's integrated infrastructure, with emphasis placed on timelines, quality standards, and coordinated execution across agencies.Read more

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WAE partners with Radisson and Louvre Hotels to introduce in-house glass water bottling systems

8 hours ago

WAE Ltd. has entered into an association with Radisson and Louvre Hotels Group to introduce in-situ glass water bottling systems across the Indian subcontinent. The move reflects a broader shift in the hospitality sector towards reducing plastic use and improving sustainability practices. By enabling hotels to purify and bottle water on-site, the solution aims to cut transportation emissions and support carbon-neutral operations. The initiative aligns with changing guest expectations, where environmental responsibility is becoming an important part of the overall hospitality experience.Read more

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Bharat Tribes Fest business conclave focuses on market linkages to strengthen tribal enterprise ecosystem

8 hours ago

The Business Conclave of Bharat Tribes Fest 2026 has commenced in New Delhi, bringing together over 50 policymakers and 600 delegates to discuss strategies for strengthening market access for tribal producers. Organised by the Ministry of Tribal Affairs in association with TRIFED, the platform aims to integrate tribal artisans into formal value chains and improve income levels. The government has restructured the earlier Aadi Mahotsav into Bharat Tribes Fest to combine cultural promotion with commercial opportunities. Discussions during the ten-day conclave will focus on addressing challenges such as access to markets, capital, and technology, while developing frameworks to enhance tribal entrepreneurship and livelihood generation.Read more

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UBS suspends withdrawals from Euroinvest real estate fund citing liquidity constraints, halt may extend up to three years

9 hours ago

Swiss lender UBS has suspended investor withdrawals from its Euroinvest real estate fund for up to three years, citing insufficient liquidity to meet redemption requests. The Germany-based fund, managed by UBS Real Estate GmbH, held assets worth EUR 406.8 million (USD 469.4 million) as of late February. The suspension applies to all redemption requests submitted after the cut-off and is accompanied by a halt on new share issuance. The decision reflects ongoing stress in real estate investment vehicles amid rising withdrawal pressures. Similar restrictions have been observed globally across alternative asset classes, indicating broader liquidity challenges in investment funds.Read more

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ED attaches INR 1,700 crore assets in Mahadev betting case, includes Dubai properties

9 hours ago

The Enforcement Directorate has provisionally attached immovable assets worth around INR 1,700 crore in the Mahadev online betting app case. The properties are largely located in Dubai, including luxury units in Burj Khalifa, Dubai Hills Estate, and Business Bay, along with a few in New Delhi. These assets are linked to promoter Sourabh Chandrakar and his associates and are believed to have been purchased using proceeds from illegal betting activities. With this, the total value of attached assets in the case has crossed INR 4,300 crore, reflecting the scale of the investigation.Read more

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Ahmedabad–Dholera expressway shortens travel time and strengthens regional connectivity

10 hours ago

The Ahmedabad Dholera Greenfield Expressway, a 109.019 km project under Bharatmala Pariyojana, is improving connectivity between Ahmedabad, Bhavnagar, and the Dholera Special Investment Region. Built at a cost of INR 5,800 crore, the expressway has reduced travel time significantly, cutting journeys such as Ahmedabad to Dholera to about 45 minutes. Currently open for testing, it is already easing travel for commuters while also supporting economic activity in the region. The project also incorporates environmental measures such as reuse of waste materials and large-scale plantation efforts along the corridor.Read more

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BJP gets land in Amaravati for state office, lease signed with APCRDA

10 hours ago

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a lease agreement with the Bharatiya Janata Party (BJP) to set up its state office in Amaravati. The land, measuring 1.43 acres in Venkatapalem village, has been allotted on a 33-year lease. The party is required to begin construction within three months and complete it within four years. The development is expected to support Amaravati's growth as an administrative centre. The move comes as part of ongoing efforts to strengthen institutional presence in the planned capital region.Read more

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Puravankara plans 30 housing launches with INR 35,636 crore revenue outlook over coming years

11 hours ago

Puravankara Ltd, a Bengaluru-based real estate developer, has outlined plans to launch around 30 residential projects over the next 24-30 months, targeting an estimated revenue of INR 35,636 crore. The company currently has 26 ongoing projects with units worth INR 19,742 crore under sale. Its total inventory stands at INR 55,378 crore, covering both ongoing and upcoming developments. With a strong focus on branded housing demand, the firm expects steady growth supported by timely execution, customer demand across key Indian cities, and interest from non-resident buyers, particularly from Gulf regions.Read more

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Tata Power-DDL reviews summer readiness, plans supply arrangements of up to 2,900 MW to meet rising demand in North Delhi

11 hours ago

Tata Power Delhi Distribution Ltd (Tata Power-DDL) has reviewed its summer preparedness strategy, projecting peak electricity demand of around 2,622 MW in North Delhi, up from 2,410 MW last year. To meet this requirement, the utility has secured supply arrangements of up to 2,900 MW and initiated coordination with power generators, equipment suppliers, and service partners. A stakeholder workshop was conducted to assess readiness, focusing on plant maintenance, network management, and contingency planning. The initiative aims to ensure uninterrupted power supply across its licensed areas, which serve nearly 9 million consumers, amid expectations of higher seasonal demand.Read more

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APCRDA Commissioner reviews Amaravati projects, directs efficient management of rainwater flow

12 hours ago

APCRDA Commissioner K. Kannababu IAS inspected multiple ongoing infrastructure projects in Amaravati, including Kondaveeti Vagu, associated canals, and Krishnayapalem Reservoir, along with senior officials. The inspection focused on managing rainwater flows following recent heavy rains and ensuring that construction activities are not disrupted. Officials were instructed to monitor reservoirs, maintain proper water movement through gravity canals, and prevent water accumulation from affecting transport and nearby residents. The Commissioner also emphasized creating alternative routes and maintaining continuous oversight of water management across key project areas.Read more

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Connectivity, industrial base and social infrastructure drive Kundli–Sonipat’s emergence as a key NCR growth corridor

13 hours ago

Kundli Sonipat is undergoing a structural shift as improved connectivity, expanding industrial activity, and growing social infrastructure reposition the micro-market within the National Capital Region. Located along NH-44, the corridor is benefiting from multiple transport upgrades, including the Delhi Metro Phase IV extension, the Delhi Panipat RRTS, and Urban Extension Road-II. These developments are being complemented by a strong industrial base led by logistics, manufacturing, and warehousing activity, supporting steady end-user demand. Educational institutions and healthcare facilities are also strengthening livability, prompting residential development aligned with actual occupancy. The corridor is increasingly being viewed as an integrated urban node rather than a peripheral extension of Delhi.Read more

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Maharashtra transfers 83,904 acres of government land to mmrda to boost infrastructure

13 hours ago

Maharashtra has transferred 83,904 acres (33,954 hectares) of government land to the Mumbai Metropolitan Region Development Authority (MMRDA) to strengthen infrastructure development and secure financial closure for its FY27 project pipeline. Spread across 1,324 villages in Thane, Kalyan, Panvel, Palghar, Vasai and other key areas, the land will be utilised in a need-based manner for transit-oriented development, economic hubs, logistics parks, housing, and integrated urban nodes. The policy includes oversight mechanisms, digitisation of records, and revenue sharing with the state.Read more

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ITC Hotels signs Storii Mukundgarh Fort property to expand heritage hospitality portfolio in Rajasthan

14 hours ago

ITC Hotels Limited has signed a new boutique heritage property under its Storii brand with the addition of Mukundgarh Fort in Rajasthan's Shekhawati region. The development, undertaken in partnership with Midas Hospitality Services, strengthens the company's presence in culturally significant tourism circuits linking Jaipur, Mandawa and Nawalgarh. The mid-18th century fort will be repositioned as an experiential hotel, aligning with Storii's focus on heritage-led hospitality. The move reflects continued investor and operator interest in adaptive reuse of heritage assets within India's hospitality real estate segment, particularly in high-footfall tourism corridors.Read more

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Corner node installation begins for diagrid structure at Amaravati Secretariat towers

15 hours ago

Construction at the Amaravati Government Complex has moved into a key phase with the start of corner node installation for the Secretariat and HOD Towers. The work, part of the advanced diagrid structural system for Towers 3 and 4, is being executed by Larsen & Toubro. Officials from the state government and project authorities marked the beginning with traditional rituals. This stage is important for structural strength and design efficiency. The development reflects ongoing efforts to build modern administrative infrastructure and strengthen Amaravati's position as a planned capital city.Read more

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Highway builders seek 17–18% cost escalation support and deadline relief to address viability concerns in ongoing projects

16 hours ago

The National Highways Builders Federation (NHBF) has urged the Union government to provide a standardised escalation support of 17-18% for ongoing national highway projects, citing significant increases in fuel, materials and logistics costs. In its submission to the Ministry of Road Transport and Highways, the industry body stated that these cost escalations were unforeseen at the time of bidding and have disrupted the financial balance of contracts across EPC, BOT and hybrid annuity projects. NHBF has also requested deadline extensions of three to six months, waiver of penalties and protection of cash flows, particularly for annuity-based projects. The demand is positioned as an interim measure to maintain project continuity and prevent disruptions in highway construction activity.Read more

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Casagrand Commercial breaks ground on 4.28-acre Grade A office project in Perungudi with 1 million sq ft development

17 hours ago

Casagrand Commercial has commenced construction of a 4.28-acre Grade A office development, Casagrand Skytech, in Perungudi. The project will deliver approximately 1 million sq ft of office space, targeting large corporates, IT/ITES firms, and global occupiers. Located along Chennai's IT corridor, the development is designed with large floor plates and modern infrastructure to support scalable office operations. The project adds to the developer's expanding commercial portfolio, which currently spans over 4 million sq ft across multiple cities, reflecting continued investment in office assets amid sustained demand from technology-led occupiers.Read more

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Russia drone strike damages Danube port infrastructure in southern Ukraine

18 hours ago

A recent Russian drone strike targeted Ukraine's Danube port infrastructure in the Odesa region, damaging key facilities including warehouses, administrative buildings, and energy systems. One person was injured, while power outages affected around 17,000 consumers and disrupted water supply in nearby areas. Despite the damage, port operations continued. Ukraine reported intercepting most of the drones launched in the attack. The incident highlights growing pressure on Ukraine's maritime trade routes, with officials noting a sharp rise in strikes on Odesa's port infrastructure over the past month compared to the previous year.Read more

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Arisinfra Solutions to merge subsidiary ArisUnitern RE Solutions to streamline operations and consolidate services

19 hours ago

Arisinfra Solutions has approved the merger of its subsidiary, ArisUnitern RE Solutions, as part of a strategy to consolidate operations and improve efficiency across its construction materials and real estate services businesses. The amalgamation is aimed at integrating development management, advisory and supply chain capabilities within a single entity, reducing duplication and enabling better resource utilisation. ArisUnitern operates as a development management platform offering end-to-end services to real estate developers, while Arisinfra focuses on technology-driven procurement of construction materials. The move is expected to simplify the group structure and strengthen execution capabilities across projects, particularly as demand grows for integrated service offerings in the real estate and infrastructure sectors.Read more

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Sundaram Home Finance expands emerging business network in south Tamil Nadu with new branch additions

20 hours ago

Sundaram Home Finance has expanded its Emerging Business (EB) segment in south Tamil Nadu by opening new branches in Sankaran Koil and Ambasamudram. The company plans to add five more branches in the region over the next 12 months, strengthening its presence in smaller towns. The EB segment includes affordable housing finance and working capital loans. The company is targeting disbursements of around INR 200 crore in south Tamil Nadu in the coming year. This expansion builds on its earlier entry into the segment in 2022, with a focus on deeper penetration in Tier 4 and Tier 5 markets.Read more

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Bengaluru apartment complexes face regulatory action over sewage discharge into Shikaripalya Lake

Bangalore News Desk

21 hours ago

Several apartment complexes in Bengaluru's Anekal region have come under regulatory scrutiny for discharging untreated sewage into Shikaripalya Lake, prompting action from the Karnataka State Pollution Control Board (KSPCB). Show-cause notices have been issued to multiple residential associations and an educational institution for failing to install mandated sewage treatment plants (STPs) and obtain regulatory approvals. The violations were identified during inspections conducted in the past few months, with authorities linking the lake's deteriorating condition to direct sewage inflow, rapid urbanisation and inadequate drainage infrastructure. The National Green Tribunal has also directed environmental audits across the lake's catchment. The development highlights growing compliance concerns in high-density residential clusters across Bengaluru's expanding peri-urban zones.Read more

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Tata Communications introduces self-healing platform for stronger data centre connectivity

22 hours ago

Tata Communications has launched a self-healing connectivity platform designed to improve reliability and performance across data centre networks. The solution can automatically detect and fix network issues, reducing downtime and ensuring uninterrupted enterprise operations. It uses real-time monitoring, automation, and predictive analytics to identify risks early and resolve them without manual intervention. The platform comes as demand for stable digital infrastructure rises due to cloud adoption, AI usage, and data-heavy applications, making network resilience a key priority for businesses.Read more

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Telangana High Court rebukes HYDRAA over alleged forcible takeover of private plot in Hayathnagar

23 hours ago

The Telangana High Court has criticised the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) for allegedly taking over a 650 sq yd private land parcel in Sahebnagar Kalan, Hayathnagar, on the outskirts of Hyderabad. The court, while hearing a petition filed by the landowner, observed that the agency's actions appeared unconstitutional and questioned its intervention in a dispute already under judicial consideration. HYDRAA had reportedly acted on claims that the land encroached upon a public park. The court has sought a response from the agency and flagged concerns over repeated instances of similar conduct, indicating continued judicial scrutiny of enforcement actions related to land disputes in the region.Read more

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Navi Mumbai civic body undertakes demolition action against unauthorised construction in Koparkhairane

28 Mar 2026

Navi Mumbai Municipal Corporation carried out demolition action against an unauthorised structure in the Koparkhairane division after the concerned party failed to respond to statutory notices. The action followed a notice issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, served earlier this month. The partial demolition was conducted under the direction of Municipal Commissioner Dr Kailas Shinde, with supervision from senior civic officials. The enforcement drive involved municipal staff, police presence and the use of mechanised equipment. The civic body has indicated that similar enforcement actions will continue across its jurisdiction to address unauthorised constructions and ensure compliance with planning regulations.Read more

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Haryana unveils mixed land use policy to clear pending projects and streamline approvals

28 Mar 2026

The Haryana government has approved a new mixed land use policy aimed at resolving delays in development approvals and accelerating stalled projects across the state. Cleared by the state cabinet, the policy introduces flexibility by removing fixed percentage caps for residential, commercial, and institutional components within mixed-use zones, while retaining restrictions on industrial expansion. It mandates a 70:30 ratio between primary and allied uses, with scope for variation. The move addresses long-standing regulatory ambiguity that had held up multiple developments, particularly in urban centres such as Gurugram and Faridabad. The policy is expected to provide clarity to developers and enable faster processing of applications under existing planning frameworks.Read more

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Road damage and garbage pile-up disrupt daily movement at Hosur Cross in Hubballi

28 Mar 2026

Civic issues at Hosur Cross in Hubballi have raised concerns due to damaged roads and growing garbage accumulation. Key connecting stretches have developed potholes and uneven surfaces, while a broken manhole has added to safety risks. At the same time, vacant plots are being used for dumping waste due to irregular collection. Residents say the problems have continued for a long time despite repeated complaints. The situation is affecting daily movement in a busy area that connects major parts of the city.Read more

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KPI Green Energy’s energised capacity rises to 965 MWp after latest additions

28 Mar 2026

KPI Green Energy has reported a rise in its total energised capacity to 965 megawatt peak (MWp) following the addition of new renewable energy assets earlier this week. The company confirmed that it has energised an extra 376 MWp of solar and wind projects. Energisation approval, which is granted by grid operators after meeting technical and regulatory requirements, allows renewable projects to connect to the main electricity grid. With these additions, the company's Independent Power Producer (IPP) portfolio has expanded its operational base, reflecting continued growth in its renewable energy capacity.Read more

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M3M India partners with ONE Atmosphere to launch serviced luxury suites project in Gurugram

28 Mar 2026

M3M India has partnered with ONE Atmosphere to launch ONE Atmosphere Suites Corner Walk in Gurugram's Sector 73/74. The project will feature 256 fully serviced luxury suites, with operations expected to commence by the winter of 2026. Positioned as a hybrid hospitality-residential asset, the development targets business travellers and long-stay occupants, integrating managed services with residential formats. The launch marks ONE Atmosphere's entry into India and reflects growing developer interest in branded serviced living formats within key NCR micro-markets.Read more

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AAC wall panels enable faster construction at AdaniConneX Pune data centre project

28 Mar 2026

A hyperscale data centre project by AdaniConneX in Pune adopted steel-reinforced AAC wall panels from Magicrete to meet tight construction timelines and structural requirements. Covering nearly 400,000 sq ft of wall area within a total built-up of about 450,000 sq ft, the project replaced conventional masonry with engineered panel systems. This approach helped eliminate multiple structural steps, improved execution speed, and reduced complexity. Project stakeholders, including NCC Ltd, reported significant time savings, with large wall sections completed in days instead of weeks, supporting faster readiness for critical data centre operations.Read more

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APCRDA leases land for APSIRD campus in Amaravati to boost rural governance training

28 Mar 2026

The Andhra Pradesh Capital Region Development Authority has formalised a long-term lease agreement with the Andhra Pradesh State Institute of Rural Development & Panchayat Raj for setting up a dedicated training campus in Amaravati. Spread across over five acres in Kuragallu and Nowluru villages, the project aims to strengthen institutional capacity, improve governance training, and support rural development initiatives. With a 60-year lease tenure and defined construction timelines, the campus is expected to enhance administrative skills and align with the state's broader development focus on capacity building and public service efficiency.Read more

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Indian Railways strengthens network with 1,024 new trains and 4,651 additional coaches

28 Mar 2026

Indian Railways has expanded its train services and fleet over the past five years to meet growing passenger demand. Between 2021-22 and February this year, 1,024 new trains were introduced, 907 existing services extended, and the frequency of 168 trains increased. A total of 4,651 coaches were added, focusing on non AC seating for low- and middle-income travellers. Passenger numbers in general and unreserved classes rose from 553 crore in 2022-23 to 651 crore in 2024-25. Nearly 74,800 special train trips were also operated to handle peak travel periods.Read more

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Navi Mumbai civic body's property tax amnesty scheme sees strong response with INR 20 crore collected in nine days

28 Mar 2026

Navi Mumbai Municipal Corporation's property tax amnesty scheme has recorded a strong response, with 5,744 defaulters clearing dues worth INR 20.15 crore within nine days of its launch. Introduced earlier this month, the scheme offers a 50 per cent waiver on late payment penalties for those settling outstanding dues in a lump sum. The initiative, valid until the end of March, covers residential, commercial, industrial, and vacant land properties. A significant share of payments has been made through digital channels, indicating growing adoption of online tax services. The civic body has extended operational hours, including on public holidays, to facilitate higher collections and encourage compliance.Read more

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CREDAI-MCHI hosts felicitation event for Mumbai mayor and Maharashtra advocate general

28 Mar 2026

CREDAI-MCHI recently organised a felicitation ceremony in Mumbai to honour the appointment of Mayor Ritu Tawde and Maharashtra Advocate General Dr. Milind Sathe. The event brought together senior government officials, legal experts, and real estate leaders to recognise the importance of these roles in shaping the city's development. It also served as a platform to discuss key urban and regulatory issues. The developers body highlighted its intent to work closely with policymakers to ensure structured growth, better infrastructure, and improved coordination between the government and the real estate sector across the Mumbai Metropolitan Region.Read more

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CRC appoints CBRE for facility management at 2.4 million sq ft office-led development in Noida

28 Mar 2026

CRC Group has appointed CBRE to oversee facility management services at its commercial project CRC The Flagship in Noida. The office-led development spans approximately 2.4 million sq ft and is nearing completion, with delivery expected in the third quarter of this year. Designed as a campus-style IT/ITES hub along the Noida Expressway, the project integrates Grade A+ office spaces with retail, hospitality and shared amenities. CBRE's mandate includes operations, maintenance, sustainability and technology-led asset management, reflecting increasing emphasis on institutional-grade management in large commercial developments.Read more

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Cabinet approves modified UDAN scheme with INR 28,840 crore outlay to boost regional air connectivity

28 Mar 2026

The Union Cabinet has approved a modified UDAN scheme with an outlay of INR 28,840 crore to expand regional air connectivity and strengthen aviation infrastructure in underserved and remote areas. The scheme aims to develop 100 airports, 200 helipads, and support airlines through enhanced viability gap funding and operational aid for smaller airports. Around 120 destinations are expected to benefit, enabling 4 crore additional passengers to travel. The programme also supports domestic aircraft acquisition and addresses gaps from the earlier UDAN framework that had operationalised over 600 routes and 95 aerodromes.Read more

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DeHaat launches NHB-backed grape cluster programme in Nashik to support export-oriented horticulture

28 Mar 2026

DeHaat, in partnership with the National Horticulture Board under the Ministry of Agriculture, has launched a grape cluster development programme in Nashik, Maharashtra. The initiative aims to improve India's competitiveness in global horticulture markets by encouraging adoption of premium, export-oriented grape varieties. The programme offers financial assistance of 30-50 per cent across components such as irrigation, varietal expansion and post-harvest infrastructure, alongside end-to-end value chain support. It is expected to strengthen farm productivity, improve quality standards and enhance export linkages in one of India's key grape-producing regions.Read more

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Indore administration sets 15-day deadline for fire safety compliance across buildings

Indore News Desk

28 Mar 2026

Authorities in Indore have directed buildings across the city to comply with fire safety norms within 15 days, following concerns over non-compliance in several properties. The directive applies to residential, commercial and institutional buildings, with officials warning of strict action against defaulters. The move is aimed at strengthening safety standards and ensuring adherence to existing fire regulations. Inspections are expected to be intensified, with penalties and possible sealing of premises for violations. The initiative comes amid increased scrutiny of fire preparedness in urban buildings, highlighting the need for compliance with safety infrastructure and regulatory norms.Read more

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BIG FM enters real estate with Lucknow project, targets INR 1,200 crore revenue from Bahraich development

28 Mar 2026

Reliance Broadcast Network Limited-owned BIG FM has entered the real estate sector with the launch of its new vertical, BIG FM Realty, marking its debut with a project in Uttar Pradesh. The company has unveiled Big UNIMAXX City in Bahraich and is targeting revenue of INR 1,200 crore from the development. The launch event, held in Lucknow, drew participation from over 500 channel partners and stakeholders. BIG FM Realty has also outlined plans to scale its portfolio to INR 4,000 crore over the next three years. The initiative signals the entry of a media-led entity into regional real estate markets, focusing on structured project execution and brand-led positioning.Read more

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Hidden costs of GCC relocations emerge as companies reassess global expansion strategies

28 Mar 2026

Companies are increasingly re-evaluating the relocation of Global Capability Centres (GCCs) as rising costs, talent saturation and policy shifts prompt shifts in global operating models. While such moves are often justified on cost efficiencies, industry analysis indicates that the full financial and operational implications are frequently underestimated. Key challenges include talent attrition, productivity disruption, cultural realignment and regulatory complexities in new geographies. Additional hidden costs such as severance, dual infrastructure, recruitment and delayed project timelines further add to the financial burden. Experts have cautioned that relocation decisions must consider long-term capability building and strategic continuity rather than short-term savings, particularly as GCCs play a growing role in enterprise innovation and business operations.Read more

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Road ministry introduces PRISM-SG portal to fast-track steel girder approvals

28 Mar 2026

The Ministry of Road Transport and Highways has launched the PRISM-SG portal to streamline approvals and inspections for steel girders used in road over bridges. The platform aims to reduce approval timelines from nearly 12 months to about three to four months by digitising documentation, inspections, and coordination between agencies. It brings all stakeholders, including Indian Railways, contractors, and inspection bodies, onto one system. The move is expected to improve transparency, reduce delays caused by manual processes, and support faster execution of critical bridge infrastructure projects.Read more

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Omaxe names stadium stand after Harmanpreet Kaur as it advances integrated sports-led development in Dwarka

28 Mar 2026

Omaxe Ltd. has announced the naming of a dedicated stadium stand after Harmanpreet Kaur at its upcoming 30,000-seat cricket venue within The Omaxe State in Dwarka Sector 19B. The 1,500-seat Pink Stand is designed to enhance inclusivity, particularly for women and families. The stadium forms part of a 50-acre integrated sports and lifestyle development with an estimated investment of around INR 2,500 crore. The company has also appointed Bentel Associates International to masterplan key commercial, hospitality, and retail components, reflecting a broader strategy to create a mixed-use destination anchored by sports infrastructure.Read more

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Ujjain removes 16 illegal structures near Mahakal temple after legal clearance

28 Mar 2026

Authorities in Ujjain carried out a demolition drive in the Begambag area near the Mahakaleshwar Temple, removing 16 illegal structures built on plots meant for residential use. The action followed the lifting of court stays and cancellation of expired leases. These plots, allotted decades ago, had been subdivided and used commercially in violation of rules. The drive is part of a larger enforcement effort, with multiple structures already cleared earlier. The move is also linked to upcoming infrastructure planning and better crowd management in the temple zone.Read more

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IndiGo plans integrated campus in Gurugram to centralise operations

28 Mar 2026

IndiGo is planning a major development in Gurugram with a new integrated campus on a 4.5-acre site in Sector 29. The campus will unite the IndiGo Support Centre (ISC) and Ifly learning centres, currently spread across the city, under one roof. The project, expected to take three to five years, aims to improve organisational cohesion, strengthen collaboration, and support long-term growth plans. As India's largest airline with a 63.6 per cent domestic market share, this move reflects IndiGo's focus on operational efficiency and employee integration.Read more

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Sattva Group launches 50-acre integrated township in North Bengaluru with INR 8,600 crore development value

28 Mar 2026

Sattva Group has announced the launch of Sattva City, a 50-acre residential township in North Bengaluru with an estimated gross development value of over INR 8,600 crore. The project is positioned around a 15-minute city planning approach, integrating residential, retail, social and lifestyle infrastructure within a single development. With nearly 84 per cent of the land allocated to open spaces and over 250 amenities, the project targets mid-to-premium housing demand in a corridor driven by airport-led infrastructure growth. The development reflects increasing focus on large-scale, self-sustained communities in Bengaluru's northern micro-market.Read more

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