22 Nov 2025

Independent floors in South Delhi saw strong annual price growth, driven by active redevelopment, rising demand for luxury housing and improving buyer confidence. The Golden Growth Fund reported that values in Category A and B colonies rose 12%-17% in the past quarter, with Category A areas such as Vasant Vihar, Jor Bagh and Panchsheel recording about 17% growth. Prices for a 2,500 sq ft floor climbed to INR 11-23 crore, while larger 6,000 sq ft units reached INR 22-53 crore. Category B colonies saw 12%-15% growth. The fund noted that redevelopment potential exceeds INR 6 lakh crore, with upgraded amenities, better layouts and strong demand continuing to support higher prices and rentals.Read more

21 Nov 2025

Shares of Jaiprakash Power Ventures Ltd surged sharply following the approval of Gautam Adani's acquisition plan for Jaiprakash Associates. Adani Enterprises won the bid, outbidding Vedanta and Dalmia Bharat, securing 89 per cent of creditor votes. JAL, which entered insolvency proceedings last year after defaulting on loans of over INR 57,000 crore, holds significant assets across real estate, cement, hospitality, power, and infrastructure. The acquisition and market response reflect growing investor confidence in the company's resolution process and future prospects.Read more

21 Nov 2025

NHAI is preparing to launch the Raajmarg Infra Investment Trust (RIIT) as a Public InvIT, offering retail investors direct opportunities to invest in operational National Highway assets. The investment trust will be managed by RIIMPL, a joint venture of leading banks and financial institutions, and aims to unlock monetization potential while ensuring strong governance and transparency. NHAI has already demonstrated success in monetizing highway assets through the TOT model and Private InvITs. The first public issuance of units is expected in February 2026, covering around 1,500 km of operational highways.Read more

21 Nov 2025

Gautam Adani's Adani Enterprises has received creditor approval to acquire Jaiprakash Associates (JAL) for INR 14,535 crore, outbidding Vedanta and Dalmia Bharat. The CoC, dominated by NARCL, approved the plan with Adani securing 89% of votes. The proposal includes INR 6,005 crore upfront and INR 7,600 crore payable over two years, while Vedanta offered a back-ended five-year plan. JAL, in CIRP since last June due to INR 57,185 crore in loan defaults, owns major real estate, cement, and hospitality assets. The plan is now subject to regulatory approvals, including the National Company Law Tribunal.Read more

20 Nov 2025

RITES Limited has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to provide comprehensive consultancy support across major infrastructure and industrial sectors. The agreement covers feasibility studies, detailed project reports, project management, bid management, and third-party inspection. It extends to transport, ports, waterways, power, water systems, buildings, and industrial infrastructure. The partnership is expected to strengthen project planning and execution while helping the state attract new investment and improve long-term development outcomes.Read more

20 Nov 2025

Karnataka's government has announced an infrastructure investment of over INR 1 lakh crore for Bengaluru to strengthen urban mobility, business, and technology infrastructure. Major initiatives include a 40?km twin tunnel project costing INR 42,500 crore, a 41 km double-decker metro at INR 18,000 crore, a 110 km elevated corridor for INR 15,000 crore, 320 km of buffer roads at INR 5,000 crore, a SkyDeck at INR 500 crore, and a 74 km Bengaluru Business Corridor for INR 27,000 crore. Plans also include a second airport, a new NRI Secretariat, and a 9,000 acre AI City near Bidadi.Read more

20 Nov 2025

NBCC (India) Ltd has successfully sold 609 residential units in Greater Noida (West) through an e-auction, fetching INR 1,070 crore. The units come from the Aspire Leisure Valley and Aspire Centurian Park projects, part of the Supreme Court-directed initiative to complete stalled Amrapali projects. Delhi-based AU Real Estate acquired the selling rights, buying 462 units in Aspire Leisure Valley and 147 units in Aspire Centurian Park. The sale marks progress in delivering 38,000 flats to homebuyers, with AU Real Estate launching the project at INR 7,979 per sq ft for Aspire Leisure Valley.Read more

20 Nov 2025

Waaree Energies is under investigation by Income Tax authorities in India while also facing scrutiny in the US over alleged solar import duty evasion. The Gujarat-based solar company has assured full cooperation with the ongoing Indian investigation. Its US subsidiary, Waaree Solar Americas, operates a 1.6 GW module manufacturing plant in Texas, which is being expanded to 3.2 GW. The developments have impacted market sentiment, with Waaree Energies shares dropping over 4 per cent on the BSE, while its other key units also saw moderate declines in share prices.Read more

20 Nov 2025

House of Swamiraj is set to invest INR 230 crore in housing projects across Delhi-NCR and Goa, with INR 200 crore directed to a Yamuna Expressway development and INR 30 crore to a Goa project. Both projects are scheduled for launch within the current fiscal year and will feature smart homes with modern technologies. The company previously signed a INR 180-crore agreement to develop a residential project on a 2,000-square-metre plot in Thane West, highlighting its strategy to expand into fast-growing residential markets.Read more

19 Nov 2025

Sundaram Home Finance, a wholly owned subsidiary of Sundaram Finance Ltd, has outlined plans to scale up its presence in Telangana as part of its wider South India expansion strategy. The company, which entered the Emerging Business segment two years ago, aims to disburse INR 120-150 crore over the coming year in the State. Executives indicated earlier this week that the Chennai-based lender has already grown this segment to over 50 branches, largely across Tamil Nadu, and now intends to diversify beyond its home market. Management highlighted opportunities among Tier 3 and Tier 4 entrepreneurs and in affordable housing.Read more