20 Feb 2026

The Tata Group and OpenAI have announced a strategic partnership to develop AI infrastructure in India, starting with 100MW of AI-ready capacity and scalable to 1GW. TCS, through its data centre arm HyperVault, will build green-powered, liquid-cooled facilities designed for high-density AI workloads. Backed by a USD 1 billion investment from TPG, the venture aims to position India as a global AI hub. The collaboration will also drive enterprise AI adoption, with TCS deploying OpenAI solutions across sectors. Thousands of Tata employees will access Enterprise ChatGPT, while AI skilling and industry-focused solutions form a key part of the initiative.Read more

20 Feb 2026

The Bihar government has announced plans to construct pucca houses for around 1.04 crore families identified under the Pradhan Mantri Awas Yojana (PMAY), subject to approval from the central government. The state's Rural Development Minister informed the legislative assembly that detailed lists of eligible families have been submitted to the Centre and that implementation will begin once clearance is received. Alongside the PMAY-Gramin component, which focuses on rural housing, online applications from about 20 lakh families have been received. The minister also outlined ongoing efforts to support additional housing needs, including schemes for landless persons and replacement houses for earlier beneficiaries whose old structures have become dilapidated. Funding requirements for the Rural Development Department for the upcoming financial year were discussed, with the assembly approving the demand for grants. The announcement reflects Bihar's commitment to expanding access to permanent housing for economically disadvantaged households under national housing programmes.Read more

19 Feb 2026

Sambhav Homes and Infrastructure, part of the e-Cosmos Group, has handed over 85 acres of land to ESR Group for the development of the ESR Hosur Advanced Manufacturing Park in Tamil Nadu. The project, backed by an investment of INR 600 crore, has a development potential of 2.1 million sq ft and marks a major expansion of ESR's industrial and logistics platform in South India. Strategically located in the Hosur-Shoolagiri industrial belt near key markets such as Bengaluru and Chennai, the park is expected to strengthen the region's manufacturing ecosystem and enhance Tamil Nadu's position as a leading industrial hub.Read more

18 Feb 2026

Suraj Estate Developers Ltd is considering raising up to INR 450 million through the private placement of debentures, as disclosed in a regulatory filing cited by Reuters. The proposal is expected to be taken up by the company's board, though key terms of the issue have not been revealed. The move reflects a broader trend among real estate developers opting for debt instruments to meet funding needs. The company has an active presence in Mumbai's redevelopment market and has previously used structured financing to support its operations.Read more

18 Feb 2026

Saheel Properties recently inaugurated Luxton by Saheel in Wakad, marking the start of construction and a new approach to residential living in Pune. Positioned as the city's first 5-star lifestyle residence, Luxton integrates hotel-inspired comfort and attention to detail into everyday life. The project offers unique features like a 4,000 sq. ft. grand lobby, rooftop club, Rooftop Aqua Theatre, and designer home interiors. With dedicated work-from-home pods, wellness zones, and community spaces, it reflects modern lifestyle needs. Luxton builds on Saheel Properties history of introducing Pune-first innovations, offering a home that balances convenience, wellness, and social living.Read more

18 Feb 2026

Keystone Realtors Ltd has been selected for a society redevelopment project with a gross development value of INR 17.75 billion. The mandate adds to the company's growing redevelopment portfolio and highlights its focus on urban housing renewal. Society redevelopment continues to attract developers due to limited land availability and steady demand in established residential locations. While project details remain undisclosed, the size of the GDV points to a sizeable residential development that could support future revenue, subject to regulatory approvals and execution timelines.Read more

17 Feb 2026

Embassy Developments Ltd has received regulatory approval from the real estate authority for its inaugural project in Alibaug, marking a key milestone in the company's expansion beyond Bengaluru. The coastal housing development carries an estimated gross development value of around INR 4 billion and is part of a broader residential push in the Mumbai Metropolitan Region that also includes projects in Worli and Juhu. The approval adds to the firm's growing pipeline of launches, which it has been preparing with significant investment plans and strategic positioning in premium housing markets.Read more

17 Feb 2026

AU Real Estate on Monday announced that it will invest around INR 1,500 crore to develop a 9-acre luxury housing project in Ghaziabad, Uttar Pradesh, as part of its expansion in the Delhi-NCR market. The project, named The Sunflower, will comprise 595 apartments and is expected to generate estimated revenue of about INR 2,000 crore. In the first phase, the company has launched 428 homes for sale, with prices starting from INR 3 crore onwards. The move reflects AU Real Estate's focus on the premium residential segment, where demand has remained steady. The project is aimed at affluent buyers seeking high-end homes with modern amenities in the NCR region.Read more

17 Feb 2026

Shriram Properties Limited (SPL) has acquired a nearly 4-acre land parcel on Sarjapur Main Road in South-East Bengaluru and plans to develop a premium high-rise residential project with an estimated gross development value (GDV) of around INR 550-600 crore. The proposed project will offer about 5 lakh sq. ft. of saleable area and is expected to be launched in the latter part of 2026. Strategically located near key hubs such as Whitefield, Varthur and Outer Ring Road, and close to the upcoming Dommasandra Metro Station, the development aims to tap sustained demand in the Sarjapur micro-market. The acquisition strengthens the company's pipeline in one of Bengaluru's fastest-growing residential corridors.Read more

17 Feb 2026

Puravankara Limited reported a return to profitability in the third quarter of FY26 after losses in the previous two quarters, supported by stronger execution, higher revenues, and improved cash flows. The company posted a positive profit after tax, driven by timely project completions and better operating discipline following regulatory disruptions earlier in the year. Revenue, customer collections, and pre-sales showed steady growth, while execution momentum remained strong with a large number of home handovers. The developer also expanded its future pipeline, adding significant developable area across key urban markets.Read more