28 Jan 2026

DLF Ltd has sold properties worth INR 79,885 crore across its projects, but only INR 24,460 crore has been recognised as revenue till the December quarter, leaving INR 55,425 crore yet to be accounted for. The company mainly develops residential projects in Delhi-NCR, Mumbai, and the Tri-city region, taking advances from customers before revenue recognition. While sales bookings declined 16% to INR 16,176 crore in the first nine months due to lower new home supply, DLF reported a 14% rise in quarterly net profit and continues to hold strong development and leasing potential across residential and commercial segments.Read more

Lucknow News Desk

28 Jan 2026

The Uttar Pradesh government has approved around INR 1,000 crore to accelerate construction of phases 3 and 4 of the Lucknow Green Corridor, aiming to ease traffic congestion and improve urban connectivity. Previous phases are operational or nearing completion, but delays due to funding constraints had slowed progress. The new allocation will support key flyovers, railway overbridge sections, and link roads, enhancing access to major routes like Shaheed Path and Kisan Path. Officials expect faster completion timelines, which will benefit daily commuters, reduce travel delays, and strengthen the city's transport network.Read more

28 Jan 2026

The Karnataka government has temporarily suspended public access to Nirman 2.0, the state's digital system for building plan approvals, following a major software glitch and cybersecurity concerns. Urban Local Bodies (ULBs) will manually process applications for building plan approvals, licenses, and construction permits over the next two to three weeks while internal and external audits are conducted. Engineers and industry professionals have highlighted potential delays in new project starts, emphasizing the need for efficient approvals. Authorities are working to restore the system while ensuring data security.Read more

28 Jan 2026

Bengaluru-based real estate developer RMZ has entered into a strategic partnership with the Mumbai Metropolitan Region Development Authority (MMRDA) and the City and Industrial Development Corporation of Maharashtra (CIDCO) to facilitate large-scale investments across the Mumbai Metropolitan Region. The collaboration, announced on the sidelines of the World Economic Forum annual meeting in Davos earlier this week, aims to enable phased investments of up to USD 30 billion over the next decade. The proposed investments will span commercial real estate, mixed-use developments, logistics parks, data centres, and allied infrastructure projects. Under the partnership framework, RMZ will focus on capital mobilisation and investment structuring, while MMRDA and CIDCO will support land identification, approvals, and statutory clearances. The initiative is expected to generate significant employment and support long-term urban and economic development across Mumbai and Navi Mumbai.Read more

28 Jan 2026

Kolkata Metro Railway has introduced a QR code-based return ticket service across all its corridors, allowing passengers to book both onward and return journeys together. This move eliminates the need to stand in queues for return tickets, saving valuable time for daily commuters and occasional travellers. The facility requires passengers to complete the return journey on the same day indicated on the ticket and to keep the ticket safe for scanning. The service revives a same-day return ticket option that was unavailable since the magnetic ticket system was phased out.Read more

28 Jan 2026

The Haryana Electricity Regulatory Commission has directed state power utilities to improve accountability, service quality, and operational efficiency. Key measures include implementing a Consumer Satisfaction Index, adopting a Balanced Scorecard framework, and obtaining ISO certification for uniform standards. Utilities are required to monitor performance at all levels and take steps to reduce technical losses, ensure safety, and optimize costs through the Haryana Power Purchase Centre. Concerns were raised about billing disputes, inadequate post-installation monitoring of rooftop solar projects, and safety issues. Timely implementation of SAC decisions and practical consumer service remain top priorities.Read more

28 Jan 2026

Swan Defence and Heavy Industries Limited (SDHI) has secured a USD 227 million contract from European shipowner Rederiet Stenersen AS to build six IMO Type II chemical tankers of 18,000 DWT each. Constructed at SDHI's Pipavav shipyard in Gujarat, this is India's largest single commercial shipbuilding order and the first major chemical tanker project awarded to an Indian yard. The contract includes an option for six more vessels, with the first tanker expected within about 33 months. The deal reflects growing international confidence in India's shipbuilding capabilities.Read more

28 Jan 2026

The Nashik Municipal Corporation has intensified its property tax recovery drive to meet the INR 275 crore target set for the 2025-26 financial year. By late January, collections had reached INR 212 crore, leaving a gap of INR 63 crore. Revenue mobilisation slowed during the election period, but field-level action has resumed. Earlier, an amnesty scheme helped recover INR 66 crore from nearly 86,000 defaulters. The civic body is now focusing on notices, follow-ups, and enforcement to address current dues and a backlog nearing INR 500 crore.Read more

28 Jan 2026

As construction progresses on Delhi Metro's Phase 4 corridors, DMRC has installed nearly 20 kilometres of barricades along work zones, along with around 17 kilometres of LED rope lights and blinkers to improve visibility for motorists and pedestrians. More than 270 trained traffic marshals manage vehicular and heavy machinery movement round the clock. Additional safety measures include road studs, warning signage, dedicated impact protection vehicles, fog lamps, reflective helmets, high visibility jackets, and reinforced concrete crash barriers. The initiatives reflect lessons from past projects and Indian Road Congress standards.Read more

27 Jan 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) has announced a cumulative INR 30,000 crore investment in Vizhinjam International Seaport in Kerala, aiming to expand its capacity from 1 million TEUs to 5.7 million TEUs by 2029. The recently inaugurated second phase alone accounts for INR 16,000 crore, featuring advanced infrastructure and automation. APSEZ credited past and current Kerala political leadership for project continuity. The port's expansion is expected to strengthen India's transshipment capabilities, boost local employment, and enhance maritime trade connectivity with global shipping networks.Read more

27 Jan 2026

Brahmaputra Infrastructure Limited has been selected as the lowest bidder for a road-over-bridge project under the Northeast Frontier Railway (NFR). The contract, valued at INR 46.62 crore, will replace the manned Level Crossing No. NC 5 between Rangapani and New Jalpaiguri stations on the New Jalpaiguri Aluabari section and is planned for completion in 18 months. The company confirmed that neither its promoters nor promoter group entities have any stake in the awarding authority and that this is not a related-party transaction. This order strengthens the company's infrastructure portfolio alongside recent PWD projects in Jammu.Read more

27 Jan 2026

The Maharashtra government has scaled down the new building being constructed inside the Mantralaya compound in south Mumbai following concerns raised by the Mumbai Heritage Conservation Committee (MHCC) over its height. The original ground plus seven storey plan, designed to address space shortages for ministers and staff, has been revised to ground plus five storeys. The prefabricated structure had already reached four slabs at the time of the change. The decision reflects the ongoing effort to balance heritage preservation in the Art Deco precinct with the administrative need for additional office space.Read more

27 Jan 2026

Trident Realty has announced plans to invest around INR 1,200 crore to develop a large-scale integrated township in Panipat, Haryana, as part of its ongoing expansion strategy. The 125-acre project, branded as Trident Parktown, will offer a mix of residential plots, independent floors, group housing and commercial spaces, targeting end-users and investors in the region. The Gurugram-based developer has already launched the first phase of the township, introducing more than 400 residential plots with sizes starting from 200 sq yd. The company cited strong demand for plotted developments in Panipat as a key driver for the project. With this development, Trident Realty aims to strengthen its footprint beyond major metros by tapping into high-growth regional markets.Read more

27 Jan 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) is set to undertake the second phase of development of the Vizhinjam international seaport in Kerala at an estimated cost of around INR 16,000 crore. The announcement is expected during the inauguration ceremony of phase two, to be held on Saturday evening in the presence of Kerala Chief Minister Pinarayi Vijayan. The expansion is aimed at transforming Vizhinjam into the largest transhipment hub in the Indian subcontinent by adding 4.1 million TEUs to the port's existing capacity. Phase two will feature advanced automation, new berths, extensive dredging and reclamation works, and the construction of India's deepest breakwater, reinforcing Vizhinjam's strategic role in global maritime trade.Read more

27 Jan 2026

The National Highways Authority of India (NHAI) is aiming to reduce its overall debt to below INR 2 lakh crore by the end of the current financial year, according to a senior government official. NHAI's debt had peaked at around INR 3.5 lakh crore in 2021-22, but has since been steadily brought down following a policy decision to stop fresh borrowings. As of December 31, 2025, the authority's outstanding debt stood at INR 2,35,947 crore. The reduction has been supported by significant prepayment of liabilities, including a large portion of loans from the National Small Savings Fund. In addition, proactive refinancing and renegotiation with lenders has helped lower interest costs, resulting in substantial savings over the past two years.Read more

27 Jan 2026

Ahmedabad Municipal Corporation (AMC) has stopped work on the CG Road Mithakhali Circle revamp after the new design left only half the road width for vehicles, triggering severe traffic congestion. The INR 6.5 crore project was part of a larger precinct development plan covering 6.7 km across key city stretches, including Law Garden and Mithakhali. While the plan aimed to improve footpaths, street parking, utilities, and public spaces, residents raised concerns over road bottlenecks. AMC now plans to revise the design before resuming work, ensuring better balance between traffic flow and urban amenities.Read more

27 Jan 2026

RailTel Corporation of India Ltd has been awarded an annual maintenance contract (AMC) worth INR 140.71 crore by the Ministry of Defence. The work order, received earlier this week, will be executed through January 2031 and is classified as a services order under the AMC terms. RailTel clarified that neither its promoters nor promoter group companies hold any stake in the awarding entity, confirming it is not a related party transaction. This addition strengthens RailTel's order book, which stood at INR 8,251 crore, and reflects continued growth in government service contracts.Read more

27 Jan 2026

Western Railway has completed extensive improvement works on Line 3 at Vadodara Railway Station to improve safety, punctuality, and passenger movement. The project included extending platform number 3 by 50 metres, laying a 400 metre water hydrant pipeline, constructing a 300 metre central drain, and repairing a 380 metre existing drain to tackle long-standing waterlogging. Track strengthening over 790 metres involved deep screening, ballast restoration, sleeper replacement, and track geometry correction for speeds up to 30 km/h. These upgrades are expected to enhance operational efficiency and convenience for passengers at the busy station.Read more

27 Jan 2026

GreenCell Mobility has raised USD 89 million (around INR 800 crore) in a mezzanine funding round led by the International Finance Corporation, British International Investment, and Tata Capital to scale its electric bus operations nationwide. Backed by Eversource Capital, the company currently runs over 1,200 electric buses and more than 270 charging stations. The new funds will support fleet expansion to 3,700 buses, strengthen charging infrastructure, and accelerate adoption under central government initiatives like the National E-Bus Programme and PM Seva E-Mobility, with deployments across Delhi, Madhya Pradesh, Andhra Pradesh, Bihar, and Puducherry.Read more

Gurugram News Desk

27 Jan 2026

The Gurugram Metropolitan Development Authority (GMDA) recently conducted a two-day anti-encroachment drive along Old Railway Road to support the redevelopment of Gurgaon Railway Station. Illegal shops, extended sheds, and street vendors had narrowed the approach road, causing congestion and obstructing renovation work. Around 100 shops were partially or fully cleared, and vendors near the Sabzi Mandi were instructed to operate within designated areas. Traffic police issued 115 challans for violations, and GMDA has stated that monitoring will continue to prevent future encroachments and maintain smooth access.Read more