01 Dec 2025

Sporta Technologies has leased 169,250 sq ft in Ascent Worli, Mumbai, under a five-year agreement with a starting monthly rent of INR 5.07 crore and 4.75% annual escalation. The deal includes exclusive access to 135 car-parking spaces, a security deposit of INR 30.46 crore, and CAM deposit of INR 1.26 crore, along with a 36-month lock-in period and six-month fit-out. This lease, one of the largest single-tenant deals in Mumbai this year, reflects the company's aim to optimise costs while moving to a premium, well-equipped office in a prime commercial hub.Read more

01 Dec 2025

THDC India Ltd is progressing toward full commissioning of its 1,000-MW pumped storage project at Tehri, with the final two units planned for activation in December 2025 and January 2026. Two units were already brought online earlier this year, strengthening the project's role in improving grid stability. Built at an estimated cost of INR 8,339 crore, the project uses the Tehri and Koteshwar reservoirs for water recycling between peak and off-peak hours. Once fully operational, the Tehri hydro power complex will reach an installed capacity of 2,400 MW, including existing hydro assets.Read more

30 Nov 2025

Vikram Solar has commissioned its 5 GW Vallam facility in Tamil Nadu, expanding its total solar module manufacturing capacity to 9.5 GW. The plant features advanced automation and TOPCon technology, supporting multiple module formats and enabling high-precision, reliable, and efficient production. Vallam strengthens the company's presence in India's clean energy sector alongside its Oragadam and upcoming Gangaikondan facilities. The modules will supply utility, commercial, and distributed generation projects, while efforts toward workforce gender diversity reflect Vikram Solar's commitment to inclusive growth and technology-driven innovation.Read more

30 Nov 2025

Vikram Solar has commissioned a fully automated 5-GW solar module facility in Vallam, Tamil Nadu, increasing its total annual production capacity to 9.5 GW. The new plant spans 27,000 sq m and is based on advanced TOPCon technology, supporting M10, G12 and G12R formats. The facility integrates robotics, automated material handling, and built-in quality checks, most of which are being used in the country for the first time. Vikram Solar plans to supply modules produced here to utility-scale, commercial, industrial, and distributed generation projects nationwide. The company is also working towards improving gender diversity at the plant.Read more

30 Nov 2025

Rakesh Roshan and his wife Pramila 'Pinkie' Roshan have expanded their commercial property portfolio in Mumbai with the purchase of five office units in Andheri East for a total of INR 19.68 crore. All units, located in the Vaidya West World One Aeropolis building, were registered earlier this week. Together, they span over 7,500 sq ft of carpet area and include ten parking slots. Two offices were bought under Rakesh Roshan's name, while three were registered to Pramila Roshan. The couple paid more than INR 1.18 crore in stamp duty. This follows other recent acquisitions in the same business district, signalling sustained long-term interest.Read more

30 Nov 2025

UAE-based DAMAC Group has launched a Global Capability Centre (GCC) in Noida through its new shared-services arm, DAMAC Shared Services India (DSSI), to support its global operations. The Noida centre occupies about 22,622 sq ft of leased office space and will host over 250 employees. The company is also planning a second GCC in Pune, expected to be operational by 2026 with more than 100 staff. The twin hubs will handle essential business functions like finance, HR, operations, digital and commercial work, reflecting DAMAC's ambition to centralise global services in India.Read more

29 Nov 2025

The Lucknow Development Authority (LDA) is preparing to introduce its large-scale IT City housing township along Sultanpur Road by early 2026, designed to accommodate close to one lakh residents. The township spans roughly 2,660 acres and is being developed under a land-pooling model that returns 25% developed land to donors through a lottery system. With nearly 10,000 plots planned, along with a 200-acre green belt, a 15-acre water body and a new approach road linking the site to Kisan Path, the project aims to establish a self-sustaining, mixed-use urban zone.Read more

29 Nov 2025

CIDCO has unveiled a housing scheme offering 4,508 ready-to-move homes across Navi Mumbai's Taloja, Dronagiri, Ghansoli, Kharghar, and Kalamboli nodes. The scheme operates on a first-come, first-served basis, allowing applicants to directly choose their preferred units. Among the tenements, 1,115 are allocated for the Economically Weaker Section (EWS) under PMAY with a subsidy of INR 2.5 lakh, while 3,393 are for the Low Income Group (LIG). Online registration has begun, and successful applicants can start selecting flats later this month, with immediate possession upon payment and document verification.Read more

28 Nov 2025

Haryana is preparing to welcome Tesla's first electric vehicle manufacturing plant in India, alongside other related units. The state government, led by Chief Minister Shri Nayab Singh Saini, has been actively working to strengthen the business ecosystem through policies that reduce costs and simplify regulations. With initiatives like a special industrial leasing policy, local supply chain enhancement, AI and deep-tech hubs, and dedicated departments for MSMEs and future technologies, Haryana has emerged as a key industrial and investment hub, contributing significantly to national GDP and employment growth.Read more

28 Nov 2025

Umiya Buildcon Limited announced earlier this week that it had acquired a 20,000 sq. ft. super-prime parcel off Cunningham Cross Road in Bengaluru's Central Business District to develop an ultra-luxury, design-led boutique residential project. With a planned built-up area of about 55,600 sq. ft., the project reinforces the company's strategy of focusing on limited-inventory, high-value homes in tightly held micro-markets. The acquisition adds to Umiya's growing premium real estate portfolio, which also includes its ongoing development in Candolim, Goa, one of the most centrally located and in-demand coastal destinations.Read more