25 Dec 2025

NHPC has started partial commercial operations at the 2,000 MW Subansiri Lower Hydroelectric Project on the Assam & Arunachal Pradesh border with the commissioning of one 250 MW unit. The project, India's largest hydropower facility, has faced long delays and sharp cost escalation since construction began in 2005. Designed as a run-of-the-river scheme, it will eventually generate over 7,400 million units of renewable power annually. Phased commissioning of the remaining units is planned, with full operations expected by 2026-27.Read more

Bangalore News Desk

25 Dec 2025

Puravankara Limited has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, increasing its developable area by around 6.4 million sq ft with a gross development value (GDV) potential exceeding INR 4,800 crore. The company stated this purchase is part of a planned strategy to expand its land bank in key micro-markets. The move follows previous acquisitions in North and East Bengaluru, which collectively strengthened Puravankara's portfolio. The company aims to leverage these strategic land additions to cater to rising demand and infrastructure-led growth in Bengaluru.Read more

25 Dec 2025

The Telangana Housing Board has launched the sale of affordable low-income group (LIG) flats in Hyderabad, aiming to broaden homeownership opportunities for lower-income residents. The housing authority opened applications for units designed to be economically accessible, supported by policy incentives and streamlined allotment procedures to facilitate participation. The move aligns with broader state objectives to promote inclusive urban development, reduce the housing shortage and support first-time buyers. Prospective applicants have been encouraged to review eligibility criteria and submit required documentation within the prescribed timeline.Read more

25 Dec 2025

Elan Group has partnered with luxury beauty and wellness brand Levo Spalon to introduce an exclusive, residents-only wellness facility at its newly launched ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram. The collaboration is positioned as a key lifestyle differentiator, integrating premium grooming, spa and holistic wellness services within the project's clubhouse, as the developer sharpens its focus on experiential, wellness-led luxury living in Gurugram's high-end residential market.Read more

24 Dec 2025

Prestige Estates Projects Ltd has acquired a 25 acre land parcel in Medavakkam, Chennai, marking a significant expansion of its presence in the city. The site offers a development potential of around five million sq ft and is expected to generate top line revenue exceeding INR 5,000 crore. The acquisition aligns with the company's strategy to cater to sustained mid segment housing demand, supported by improving infrastructure, planned metro connectivity, and proximity to employment hubs. The purchase also included non core assets acquired from Ramco Cements valued at INR 514.90 crore.Read more

24 Dec 2025

EPC major Ceigall India has secured an INR 550 crore solar power project under the PM-KUSUM Yojana, strengthening its presence in India's renewable energy sector. Awarded by Madhya Pradesh Urja Vikas Nigam Limited, the project involves setting up 130 MW of grid-connected solar PV capacity across two districts in the state. The contract covers end-to-end responsibilities including design, engineering, construction, commissioning and long-term operations. With an 18-month execution timeline followed by a 25-year operational period backed by a power purchase agreement, the project supports Madhya Pradesh's clean energy goals and national targets for decentralised solar generation.Read more

Bangalore News Desk

24 Dec 2025

North Bengaluru is rapidly evolving from an airport-linked outskirts into a key urban growth corridor, supported by major infrastructure upgrades, improved road connectivity and upcoming developments such as KWIN City and the Yelahanka State Township. Proximity to Kempegowda International Airport has further boosted the region's appeal among homebuyers and investors. Reflecting this momentum, Sattva Group has launched Sattva Aeropolis Phase II along the airport corridor, following strong demand for Phase I. The project focuses on integrated, nature-led living with strong connectivity and future readiness. Backed by over three decades of experience and a CRISIL "A Stable" rating, Sattva Group continues to expand its presence in Bengaluru's high-growth residential markets.Read more

Uttarakhand News Desk

24 Dec 2025

The Lucknow Development Authority has launched online registration for 637 residential plots under the third phase of its Anantnagar housing scheme. Registration, open until early January, will be done through a lottery system, ensuring transparent allotment. The plots range from 112.5 to 450 square metres, located in Akash Khand and Adarsh Khand. The township, spread over 785 acres, features a grid-pattern layout, wide roads, underground electricity, Edutech City, and 130 acres of green spaces. Earlier phases saw over 22,000 applications for 666 plots, highlighting strong demand for planned housing in the city.Read more

24 Dec 2025

Luminous Power Technologies is set to establish 350 MW of solar projects in Rajasthan under the PM-KUSUM initiative. The generated power will be sold to local distribution companies, producing 500 & 560 million units annually. The projects are expected to cut carbon emissions by 402,000-459,000 tonnes each year, equivalent to planting 19-22 million trees. Implementation will begin in early 2026 in a phased manner. The move strengthens Luminous Power's renewable energy efforts, aligning with the PM-KUSUM scheme launched in 2019, which targets 34,800 MW of solar capacity by March 2026.Read more

23 Dec 2025

Hindustan Construction Company Ltd (HCC), in a joint venture with Vensar Constructions Company Ltd (VCCL), has secured a INR 901 crore contract from the Northeast Frontier Railway to construct a key tunnel on the Tupul & Imphal broad gauge line. The HCC & VCCL JV, with HCC holding a 65% stake, will handle the 3.5 kilometre tunnel along with design, engineering, and commissioning, including ballast-less track, ventilation, electro-mechanical systems, approach roads, and ancillary infrastructure. This project strengthens HCC's transport-heavy order book, which accounts for over 60% of its current INR 13,152 crore portfolio.Read more