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Prime Minister Narendra Modi has reiterated the strategic importance of India's maritime sector in supporting economic growth, trade and logistics connectivity, marking National Maritime Day in the past week. In a public message, he acknowledged the contribution of stakeholders across shipping and port ecosystems, noting their role in strengthening the country's economic framework. The statement also reaffirmed the government's commitment to further developing maritime infrastructure and leveraging the sector's potential for future growth. The remarks come amid ongoing policy emphasis on port modernisation, coastal infrastructure, and expansion of shipping capacity as part of India's broader infrastructure and logistics strategy.Read more

09 Apr 2026

The Himachal Pradesh government has revised and reduced recently proposed vehicle entry tax rates for out-of-state vehicles after protests along its borders with Punjab and Haryana. The decision, notified in the past week, introduces a uniform INR 100 levy for passenger vehicles with up to 12+1 seating capacity, while fixing rates for commercial vehicles at INR 320 for light categories and INR 570 for larger trucks. The rollback follows sustained agitation by transporters and political representatives who had opposed earlier steep increases. The move aims to ease commuter burden and restore cross-border movement while retaining a revised taxation framework intended to support state revenues and infrastructure funding under the Himachal Pradesh Tolls Act, 1975.Read more

09 Apr 2026

The Vijayapura airport project in Karnataka is nearing operational readiness, with authorities awaiting a Supreme Court verdict on environmental clearance issues that have delayed its launch. The airport, developed by the state government, has completed construction and applied for operational approval from the Directorate General of Civil Aviation. The delay stems from a broader legal challenge concerning projects initiated without prior environmental clearance, which led to restrictions affecting several infrastructure developments. The state has invested additional funds to upgrade facilities, including approach roads and safety systems, and has initiated discussions with airlines for connectivity. Once clearance is granted, the airport is expected to begin operations, improving regional connectivity across north Karnataka and supporting economic activity in the surrounding districts.Read more

09 Apr 2026

The Airport Economic Regulatory Authority (AERA) has reduced landing and parking charges by 25% at major airports across India, offering relief to airlines. The decision, implemented in the past week, applies to all domestic flights and will remain in effect for three months. The move follows a directive from the government in response to the ongoing West Asia crisis, which has impacted airline operations and costs. The reduction is expected to ease financial pressure on carriers and support stability in domestic aviation operations during this period of uncertainty.Read more

Bangalore News Desk

09 Apr 2026

The Karnataka government has proposed amendments to the 2003 building bye-laws in Bengaluru, allowing deviations of up to 15% from approved plans, compared to the earlier 5% limit. The draft framework, open for public feedback until the end of April, introduces a compounding fee mechanism to regularise such deviations and enable issuance of occupancy certificates. The move is intended to address a large number of buildings unable to secure approvals due to minor violations. However, urban planners and civic experts have raised concerns regarding enforcement, safety, and legal compliance, warning that the proposal may legitimise unauthorised construction practices while altering long-standing planning norms.Read more

09 Apr 2026

Vietnam is expected to see foreign investment inflows of up to USD 6 billion after securing an upgrade to emerging market status by FTSE Russell. The move is likely to improve liquidity and restore investor confidence following sustained foreign outflows in recent years. The inclusion will be carried out in phases starting September, with both passive and active investments anticipated. Ongoing market reforms, including easing access for foreign investors and improvements in clearing systems, have supported the upgrade. The government is now targeting a further upgrade by MSCI, potentially ahead of its initial 2030 timeline.Read more

09 Apr 2026

Godrej Properties Ltd has launched Neighbours With Nature, a platform aimed at neighbourhood-level ecological restoration and environmental integration across its developments. The initiative, announced in the past week, brings together the developer's sustainability efforts, including waste diversion, water recharge and afforestation, under a single framework. As part of its first project, the company has partnered with I Am Gurgaon to support the revival of the 5.2-km Chakkarpur Wazirabad Bundh in Gurugram. The corridor, previously a degraded drain, has been restored into a green urban stretch with native plantations, pedestrian pathways and water recharge systems. The platform is intended to scale ecological interventions across emerging micro-markets while linking real estate development with surrounding environmental infrastructure.Read more

09 Apr 2026

The Reserve Bank of India has proposed changes to improve how bank boards function and to support MSMEs with easier access to financing platforms. The regulator plans to streamline board-level guidelines to allow more focus on strategy and risk oversight. It has also suggested removing due diligence requirements for MSMEs joining TReDS to improve credit access. In addition, the RBI is expanding participation in the term money market to include non-bank entities. These steps follow a broader effort to simplify regulatory and supervisory instructions and reduce compliance burden across the financial system.Read more

09 Apr 2026

The Andhra Pradesh government has launched a large-scale energy efficiency initiative under the Pradhan Mantri Awas Yojana (PMAY), covering five lakh households in its first phase. Implemented through a tripartite agreement between Andhra Pradesh State Housing Corporation Limited (APSHCL), Energy Efficiency Services Limited (EESL), and AP SEEDCO, the programme will replace conventional electrical fixtures with energy-efficient appliances in affordable housing units. The initiative, formalised in the past week, aims to reduce electricity consumption, lower household expenses, and cut carbon emissions. It also aligns with the state's broader objective of delivering sustainable housing to all eligible beneficiaries by 2029 while improving energy performance across mass housing stock.Read more

09 Apr 2026

Superb Realty has partnered with deep-tech firm Praan to install AI-powered air purification systems across more than 1 million sq ft of its developments in Mumbai. The deployment will begin with its commercial project Superb Altura and later extend to upcoming residential and mixed-use developments. The move reflects a growing focus on indoor environmental quality as a factor influencing asset value, occupant productivity and health outcomes. The collaboration also highlights a broader shift in the real estate sector towards integrating technology-driven and wellness-focused solutions into urban developments.Read more

09 Apr 2026

Firm Capital Apartment Real Estate Investment Trust has decided to exit its US portfolio and return capital to unitholders following a strategic review. The board has confirmed that no further growth will take place under the current platform. The decision comes alongside the REIT's Q4 and full-year 2025 results, reflecting a shift in strategy amid changing market conditions. The trust will now focus on selling all existing assets in an orderly manner and distributing the proceeds, signalling a wind-down of its current operations rather than expansion.Read more

09 Apr 2026

The proposed Gwalior-Agra greenfield expressway is expected to improve connectivity and support economic activity in the Gwalior-Chambal region. With an estimated cost of INR 5,500 crore, the project will reduce the travel distance and cut journey time to under an hour. The corridor will upgrade the existing road into a six-lane high-speed route with controlled access. Along with a western bypass and a new railway station, the project forms part of a broader infrastructure push aimed at improving mobility, logistics efficiency and regional development.Read more

Mumbai News Desk

09 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has decided to auction a prime Worli land parcel with a base price of INR 455 crore, while an inquiry continues into an earlier INR 600 crore redevelopment proposal for a civic testing laboratory on the same site. The earlier tender was cancelled multiple times due to alleged irregularities and cost concerns. Under the revised plan, the selected developer can build residential or commercial projects while providing a new laboratory facility to the BMC. The move has raised concerns over eligibility criteria and timing of approvals.Read more

09 Apr 2026

Chinney Investments has announced the disposal of a hotel property located in Asakusa, Tokyo, as part of its ongoing portfolio restructuring. The transaction, valued at HKD 133.4 million, will result in a reported loss of HKD 4.9 million for the group. The buyer, Daiwa House Industry, will acquire the asset for JPY 2,722.5 million. The move reflects a broader trend among developers and investors reassessing international hospitality assets amid shifting market conditions and capital allocation strategies.Read more

09 Apr 2026

KREEVA, the real estate arm of Kanodia Group, plans to invest around INR 400 crore to develop a residential project in Gurugram. The company has signed a joint development agreement for a 3-acre land parcel on Southern Peripheral Road. The project will include about 200 housing units with a total built-up area of 5.5 lakh sq ft. This move follows KREEVA's earlier partnership with Shapoorji Pallonji Real Estate in Gurugram, reflecting its continued focus on expanding presence in the Delhi-NCR residential market.Read more

09 Apr 2026

The Reserve Bank of India has projected retail inflation at 4.6% for the current financial year, keeping it within the official target range. The central bank maintained the repo rate at 5.25% while highlighting growing global uncertainties, especially due to the West Asia conflict. Quarterly inflation is expected to vary between 4% and 5.2%, with risks emerging from energy prices and weather-related disruptions. While core inflation remains stable, supply-side pressures and geopolitical developments continue to pose challenges to the overall inflation outlook and economic stability.Read more

Mumbai News Desk

09 Apr 2026

The Bombay High Court has upheld an order directing the Maharashtra Housing and Area Development Authority to pay INR 1 lakh compensation to a Jogeshwari resident whose structure was demolished without prior notice. The ruling affirms a decision by the Maharashtra State Human Rights Commission, which found that the demolition violated procedural safeguards despite the structure being unauthorised. The court reiterated that the right to shelter forms part of Article 21 of the Constitution and cannot be taken away without due process. The case pertains to a tenement in Oshiwara, Mumbai, removed during a redevelopment-linked clearance exercise. The judgment reinforces the requirement for civic authorities and housing agencies to follow statutory notice procedures before undertaking demolition actions.Read more

09 Apr 2026

Ahmedabad-based deeptech firm DrivebuddyAI has secured a patent for its Integrated Dynamic Road Quality Assessment System, designed to detect and map road surface conditions in real time. The technology uses artificial intelligence, sensor data, and computer vision to identify potholes, cracks, and hazardous stretches, generating geo-tagged road intelligence. The system enables fleet operators to incorporate road quality into route planning, beyond traditional parameters such as time and distance. By continuously updating road condition data, the solution aims to improve driver safety, reduce vehicle wear, and enhance logistics efficiency. The development adds to the company's portfolio of over 15 patents in AI-driven mobility and fleet management technologies.Read more

09 Apr 2026

Nexus Select Trust has acquired Diamond Plaza in Kolkata for INR 347.5 crore as part of its strategy to expand its retail real estate portfolio. The transaction, approved by the board of its manager entity, involves the purchase of the asset from Super Diamond Enterprises after a restructuring exercise. The mall has a gross leasable area of around 2,44,000 sq ft. The deal is expected to close in the coming months, adding to the REIT's existing presence across key urban markets in India.Read more

09 Apr 2026

The National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty, enabling consolidation under a single entity. The wholly owned subsidiary will be dissolved without winding up, and all its assets and liabilities will be transferred to Oberoi Realty. No shares will be issued as part of the transaction, and the subsidiary's share capital will be cancelled. The move follows Oberoi Realty's acquisition of the company through insolvency proceedings and is aimed at simplifying structure, improving efficiency, and strengthening its presence in Mumbai's Mulund market.Read more

09 Apr 2026

The Competition Commission of India has approved Warburg Pincus acquisition of a stake in Fleur Hotels Ltd, a subsidiary of Lemon Tree Hotels, along with an INR 960 crore investment plan. The deal includes the purchase of a 41.09 per cent stake from APG Strategic Real Estate Pool NV and a broader internal restructuring of Lemon Tree's business. The move aims to separate hotel ownership and management into distinct platforms, strengthen growth potential, and expand Fleur's asset base significantly, with plans for a future listing on domestic stock exchanges.Read more

09 Apr 2026

China Vanke has proposed to repay 40% of a yuan bond due later this month in exchange for a one-year extension, as it manages rising repayment pressure. The developer is facing significant debt maturities between April and July, with total bond obligations of 14.7 billion yuan for the year. This comes after earlier successful extensions of three bonds and amid a broader property sector crisis in China. With a record net loss and declining sales, Vanke's financial health remains under stress, raising concerns about market confidence and potential spillover effects on the economy.Read more

Mumbai News Desk

09 Apr 2026

Mumbai's real estate developers contributed INR 11,626 crore to the Brihanmumbai Municipal Corporation in FY26, surpassing property tax collections and becoming the civic body's largest revenue source. The growth was supported by strong redevelopment activity, higher premium payments, and increased use of floor space index across key micro-markets. Areas such as Bandra Jogeshwari and South Mumbai led collections. The trend reflects steady housing demand, rising project approvals, and the growing role of development-linked revenues in supporting municipal finances.Read more

09 Apr 2026

Infrastructure expansion across North India, especially in Delhi-NCR, is driving steady growth in the professional audiovisual (Pro-AV) hardware market. The region contributes nearly 40-45 per cent of the national market, supported by rising demand from corporate offices, retail, hospitality and public infrastructure. Large projects such as airports, expressways and religious tourism hubs are increasing the use of digital signage, lighting and sound systems. With higher-than-global growth rates and increasing adoption of premium solutions, the market is seeing consistent expansion backed by urban development and digital infrastructure investments.Read more

Pune News Desk

09 Apr 2026

The Pune Metropolitan Region Development Authority (PMRDA) has sought a decision from the Maharashtra government regarding the execution of the Maan Mhalunge Town Planning Scheme (TPS-1), following administrative changes that brought parts of the project area under the Pune Municipal Corporation (PMC). The scheme, spread across nearly 250 hectares near the Hinjewadi IT hub, is at an advanced approval stage but remains pending due to ambiguity over the implementing authority. PMRDA has requested clarity on whether it will continue as the Special Planning Authority or if PMC will take over. The project, which includes infrastructure provisioning and land reconstitution, has undergone multiple revisions and consultations, with delays affecting landowners and development timelines.Read more

09 Apr 2026

Google is set to commence construction of a large-scale data centre hub in Andhra Pradesh from April 28, marking one of the largest foreign direct investments in India's digital infrastructure sector. The project, estimated at around USD 15 billion (approximately INR 1.25 lakh crore), will be developed across multiple sites near Visakhapatnam with a planned capacity of about 1 gigawatt. The initiative follows a memorandum of understanding signed with the state government around six months ago. The development includes three interconnected campuses, submarine cable infrastructure, and supporting telecom networks. The project is expected to enhance India's data centre capacity, support cloud and AI ecosystems, and strengthen Andhra Pradesh's position as a technology and digital infrastructure hub.Read more

Mumbai News Desk

09 Apr 2026

The Brihanmumbai Municipal Corporation has introduced an amnesty scheme to help buildings without occupation certificates obtain approvals. The scheme applies to structures occupied before November 2016 and offers relief through reduced premiums and penalty waivers. Societies applying within an initial six-month window will get maximum benefits. The move is expected to cover over 20,000 buildings and benefit more than 10 lakh residents facing issues in utilities, loans and resale. Completely unauthorised constructions are excluded, ensuring only eligible deviations are regularised.Read more

09 Apr 2026

Titagarh Naval Systems Ltd has secured in-principle approval from the Union Ministry of Ports, Shipping and Waterways for a brownfield expansion project at Falta, West Bengal. The project, with an investment of around INR 610 crore, falls under the Shipbuilding Development Scheme and includes government capital assistance of about INR 129 crore for plant and machinery. The expansion is aimed at improving shipbuilding capacity for defence, commercial and export markets. It is also expected to strengthen India's maritime manufacturing ecosystem and support the country's push for self-reliance in shipbuilding.Read more

09 Apr 2026

A recent working paper by the World Inequality Lab highlights significant inequality in rural land ownership across India. It finds that a large share of land is concentrated among a small percentage of households, while nearly half of rural families remain landless. The study, based on extensive data covering millions of people and villages, also points to the influence of historical systems, social structures, and agro-ecological factors on land distribution. It further notes that improved access to markets has not been sufficient to address these long-standing disparities in ownership patterns.Read more

09 Apr 2026

The National Highways Authority of India (NHAI) has entered into a collaboration with Cube Highways Technologies to enhance the technical capabilities of its officials through a structured training programme. The initiative, formalised through a memorandum of understanding signed in the past week, focuses on upskilling junior-level officials in specialised areas of highway engineering and project execution. Training will be conducted at the Cube Highways Innovation Centre in Hyderabad and will combine classroom instruction with practical learning and case-based assessments. The programme covers key domains such as traffic estimation, pavement design, and material performance. The initiative is part of NHAI's broader capacity-building efforts aimed at improving project quality and aligning workforce capabilities with evolving infrastructure standards.Read more

Mumbai News Desk

09 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has begun testing low-cost air quality sensors under the MANAS project in collaboration with IIT Kanpur to improve pollution monitoring across Mumbai. Around 75 sensors will be installed before the monsoon, offering hyperlocal data on pollutants like PM2.5 and PM10. The system will divide the city into smaller grids and use real-time dashboards for better decision-making. The initiative builds on existing monitoring at construction sites and aims to strengthen targeted action to manage rising air pollution levels in the city.Read more

09 Apr 2026

The Lucknow Development Authority is preparing to launch three luxury residential projects in Lucknow to address increasing demand for high-end housing. The developments, expected to begin shortly, will focus on premium apartments equipped with modern amenities. The move forms part of the authority's broader strategy to diversify beyond affordable housing and strengthen urban infrastructure. The projects are positioned to attract affluent homebuyers and investors, reflecting a shift in the city's residential market towards upscale developments alongside ongoing township and infrastructure expansion initiatives.Read more

Mumbai News Desk

09 Apr 2026

The Thane-Borivali twin tunnel project has entered the execution phase with the launch of tunnel boring machine Nayak in Thane. The 11.84 km underground corridor, being developed by the Mumbai Metropolitan Region Development Authority, aims to cut travel time between the two locations to about 15 minutes. While tunnelling has started from the Thane end, work at the Borivali side is facing delays due to pending rehabilitation. The project involves complex construction beneath Sanjay Gandhi National Park and is targeted for completion by 2028.Read more

09 Apr 2026

The Ministry of Road Transport and Highways has revised construction timelines for national highway projects, extending the maximum duration to up to six years based on project complexity, cost, terrain, and structural requirements. The updated norms will apply to projects awarded from early May onwards across EPC, HAM, and BOT models. Previously, projects exceeding 50 km or involving major bridges were required to be completed within about 30 months. The revision introduces differentiated timelines, including longer durations for tunnels and large bridges, aimed at improving execution feasibility. The policy shift reflects the government's attempt to align deadlines with on-ground challenges in infrastructure delivery and reduce delays arising from unrealistic project schedules.Read more

Bangalore News Desk

09 Apr 2026

The Bangalore Metro Rail Corporation Limited (BMRCL) has initiated the development of an elevated pedestrian walkway at Silk Board Junction in Bengaluru to connect the operational Yellow Line with the under-construction Blue Line. The project, estimated at around INR 59 crore, will span approximately 250 metres and include the city's first travelator within the metro network. A tender has been floated for civil, structural, and architectural works, with construction expected to take about nine months after contract award. The intervention addresses the absence of a direct interchange between the two corridors and is intended to streamline commuter movement across one of the city's busiest transit nodes along the Outer Ring Road.Read more

Mumbai News Desk

09 Apr 2026

The Maharashtra Coastal Zone Management Authority has cleared the proposal to scientifically treat and remove legacy waste at the Deonar dumping ground, enabling its use for rehabilitating ineligible residents from the Dharavi Redevelopment Project. The plan involves processing around 18.5 million tonnes of waste and unlocking land for housing. While eligible residents will be accommodated within Dharavi, others will be shifted to locations such as Deonar, Bhandup, and Madh. The move also addresses long-standing environmental concerns linked to the landfill while supporting Mumbai's multi-location rehabilitation strategy.Read more

09 Apr 2026

Akasa Air is reassessing the resumption of its Abu Dhabi services while extending the suspension of flights to Doha, Riyadh and Kuwait until April 12 due to ongoing geopolitical tensions in West Asia. The airline cited airspace restrictions and operational uncertainties linked to the regional conflict as key reasons for the decision. The advisory, issued in the past week, reflects continued disruption to international aviation routes across the region. The move affects Akasa Air's growing Middle East network, which is a critical corridor for Indian carriers, and highlights the operational challenges posed by geopolitical developments on cross-border connectivity.Read more

09 Apr 2026

The Enforcement Directorate (ED) has attached immovable assets worth around INR 944 crore in a housing fraud case linked to Piyush Colonisers Limited and its former promoters. The case involves alleged diversion of funds collected from over 1,500 homebuyers across projects in Haryana and Rajasthan. Investigations found that funds meant for construction were routed through group entities and used to acquire land. The action has been taken under the Prevention of Money Laundering Act, with further investigation ongoing into financial transactions and asset transfers.Read more

09 Apr 2026

The Telangana State Industrial Infrastructure Corporation (TGIIC) will conduct an e-auction of over 15 acres of land in Osman Nagar on April 23. The offering includes two parcels of 10.09 acres and 5.72 acres, with a base price of INR 39 crore per acre. The land is part of a multi-use zone and is expected to attract strong interest due to its location near the Outer Ring Road and key IT hubs. The auction follows a postponed earlier plan and will help assess market demand for future phases.Read more

09 Apr 2026

The Delhi Development Authority has paused the conversion of leasehold properties into freehold as part of an ongoing policy review. The move has affected new applications, while older cases are still being processed under existing rules. The review, led by the Ministry of Housing and Urban Affairs, aims to revise conversion charges and simplify procedures. The halt has also slowed hearings and support camps, creating delays for property owners and impacting transactions where freehold status is required.Read more

Mumbai News Desk

09 Apr 2026

The biomining project at Mumbai's Mulund dumping ground has been delayed again, with the contractor seeking a third extension due to fuel supply disruptions linked to the West Asia conflict. The shortage of diesel has affected the operation of heavy machinery, slowing waste processing. The INR 731 crore project, aimed at clearing legacy waste and reclaiming land, is nearing completion but has faced repeated delays due to the pandemic, weather conditions and operational issues. Civic authorities have raised concerns over continued extensions as only a limited portion of waste remains.Read more

09 Apr 2026

The Comptroller and Auditor General of India has highlighted that excess expenditure of over INR 1.24 lakh crore incurred by the Jammu and Kashmir government over four decades remains unapproved by the legislature. The report pointed to delays in scrutiny by the Public Accounts Committee and warned that such prolonged irregularities weaken financial discipline. The government has termed the issue a legacy matter and indicated that it will be addressed through legislative approval. The findings underline persistent gaps in budgetary control and oversight mechanisms in the Union Territory's financial management.Read more

09 Apr 2026

DP World Cochin has recorded its highest-ever single vessel cargo handling, processing over 8,000 twenty-foot equivalent units (TEUs) during the recent call of the ultra large container vessel MSC Ilaria at the International Container Transshipment Terminal in Kochi. The milestone, achieved in the past week, surpasses the earlier record of more than 6,000 TEUs handled during a previous vessel call. The development reflects the terminal's upgraded infrastructure and its growing ability to accommodate next-generation container ships. With expanded yard capacity, enhanced crane infrastructure, and improved power systems, the terminal is positioning itself to handle larger volumes of EXIM and transshipment cargo while strengthening its role in India's southern maritime logistics network.Read more

09 Apr 2026

Odisha recorded 7,037 flat registrations over the past three years, reflecting a gradual move towards formal housing transactions and improved compliance. Registrations peaked in 2024 with 4,712 units before dropping sharply to 593 in 2025 due to stricter verification and enforcement. The government linked the decline to tighter scrutiny of developers and documentation. Khurda district accounted for the majority of registrations, while several regions saw limited activity. Ongoing reforms, including digitisation of land records and enforcement of apartment laws, are expected to improve transparency and stabilise registrations going forward.Read more

09 Apr 2026

Prayagraj Municipal Corporation has clarified that property tax rebates will be available only for self-occupied residential properties, excluding rented or income-generating units. Owners living in houses older than 20 years can get a 40% rebate, while those in newer homes can avail 32.5%. The benefit will be granted only after physical verification by municipal teams. The move follows earlier decisions to provide relief for ageing properties but now focuses on ensuring the benefit reaches genuine occupants and prevents misuse by landlords or investors.Read more

Noida News Desk

09 Apr 2026

Residents of Greater Noida West have intensified protests after the Centre rejected the detailed project report (DPR) for the proposed metro extension. The move has added to delays in a region already struggling with traffic congestion and limited public transport. Citizen groups have raised concerns over daily commuting challenges and warned of larger protests if progress is not made. The project, which has seen multiple revisions over the years, now requires a fresh DPR, further impacting timelines and creating uncertainty for both residents and the local housing market.Read more

Mumbai News Desk

08 Apr 2026

Kurla and Ghatkopar remain among Mumbai's most affected areas when it comes to illegal hawking, leading to congestion and safety concerns. Repeated action by the Brihanmumbai Municipal Corporation has failed to provide long-term relief, as hawkers often return soon after eviction drives. Busy locations near railway stations and major roads are the most impacted. The issue continues despite court directions and planned regulations, pointing to gaps in enforcement, lack of proper hawking zones, and challenges in managing the large number of unlicensed vendors operating in the city.Read more

Ghaziabad News Desk

08 Apr 2026

Property tax collection in Ghaziabad declined in the recent financial year, with the Ghaziabad Municipal Corporation collecting around INR 305 crore, lower than the previous year. Over one lakh property owners did not clear their dues, largely due to confusion around a proposed tax rate revision. Disagreement between civic authorities affected clarity on payable amounts, leading to delayed compliance. The drop in collections has impacted municipal revenues, which are essential for basic services. The civic body is now awaiting direction from the state government while planning steps to improve collections.Read more

08 Apr 2026

North India's professional audiovisual hardware market is expanding rapidly, driven by major infrastructure projects such as the Jewar International Airport and Dwarka Expressway. The region accounts for 40-45 per cent of India's AV hardware market, with growth supported by urban development in cities like Ayodhya, Varanasi, and Amritsar, as well as rising demand from luxury hotels and wedding venues. The domestic Pro-AV sector is growing at 7.2-9.7 per cent annually, with professional lighting projected to reach USD 391 million in 2026. Upcoming events like the 2027 PALM expo in New Delhi are set to further strengthen the ecosystem.Read more

08 Apr 2026

Parliament has passed the Andhra Pradesh Reorganisation (Amendment) Bill, formally recognising Amaravati as the sole capital of Andhra Pradesh and providing long-awaited legal clarity on the state's administrative centre. The legislation, approved by both Houses in the past week, overturns earlier proposals for a three-capital framework and establishes Amaravati as the permanent seat of governance. The decision follows years of policy uncertainty after the state's bifurcation and the expiry of Hyderabad's status as a joint capital. The move is expected to support ongoing infrastructure development, where projects worth tens of thousands of crores are underway, and reinforce investor confidence in the capital region.Read more