15 minutes ago

• A total of 41 suburban train services were cancelled due to infrastructure and maintenance-related work across Mumbai’s railway network.
• The Trans-Harbour line witnessed the maximum impact, with commuters facing service disruptions, longer waiting times and overcrowding during peak travel hours.
• Railway authorities implemented the cancellations to facilitate essential maintenance and operational improvements aimed at enhancing network reliability and safety.
• Passengers were advised to use alternative routes and connecting services as rail officials worked to minimise inconvenience during the disruption period.Read more

45 minutes ago

The Delhi government has initiated a programme to inspect and rehabilitate 44 flyovers that are more than 15 years old, as part of efforts to improve road safety and extend the operational life of key transport infrastructure. The Public Works Department (PWD) will appoint consultants to carry out detailed structural audits, geotechnical investigations and topographical surveys before preparing repair plans. Flyovers constructed before 2000 have been prioritised due to their age and maintenance requirements. The exercise will cover major structures across the city, including those at Shadipur, Naraina, Lajpat Nagar and Sarai Kale Khan. The initiative forms part of a wider infrastructure maintenance strategy aimed at ensuring safe and efficient movement across Delhi’s road network amid rising traffic volumes and growing urbanisation.Read more

1 hour ago

Juniper Green Energy has announced the commissioning of a 5 MW wind turbine project, marking the deployment of what the company claims is India's largest commissioned wind turbine in terms of rotor diameter. The project features the EN-182 wind turbine generator, which has a rotor diameter of 181 metres and a generation capacity of 5 MW. The commissioning reflects ongoing advancements in wind energy technology as developers increasingly deploy larger and more efficient turbines to improve energy generation and project economics. Juniper Green Energy, an independent renewable energy producer, develops, constructs and operates utility-scale solar, wind and hybrid renewable energy projects across India as part of its clean energy portfolio.Read more

1 hour ago

The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings initiated against Vikram Solar, temporarily halting the Corporate Insolvency Resolution Process (CIRP) ordered by the National Company Law Tribunal (NCLT), Kolkata Bench. The stay follows Vikram Solar’s appeal against an NCLT order admitting an insolvency petition filed by operational creditor Isitva Steels under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLT had earlier admitted the plea and appointed an interim resolution professional, resulting in the suspension of the company’s board. With the appellate tribunal granting interim relief, no further action can be taken under the insolvency process until the matter is heard again. The next date of hearing has not yet been disclosed.Read more

2 hours ago

UK stock markets closed higher after strong gains in real estate stocks, led by Segro, which rejected a USD 16.6 billion takeover approach from U.S.-based logistics property company Prologis. The FTSE 100 and FTSE 250 both ended in positive territory, with real estate emerging as the top-performing sector. Investors also tracked expectations around future interest rate decisions by the Bank of England. Meanwhile, fund manager Liontrust posted strong gains after reporting slower fund outflows, while mining and energy stocks declined due to weaker commodity prices.Read more

Gurugram News Desk

2 hours ago

A major enforcement drive against unauthorised paying guest accommodations and guest houses is unfolding in Gurugram, with authorities directing tenants living in illegal establishments to vacate by June 30. The move comes ahead of a fresh round of sealing operations targeting residential properties allegedly being used for commercial lodging without approvals. The crackdown has highlighted long-standing concerns over zoning violations, infrastructure strain and unchecked commercial activity in residential neighbourhoods, while also raising questions about the city's dependence on informal rental housing for its large migrant workforce.Read more

3 hours ago

• Jaipur Development Authority is increasingly using direct plot auctions to strengthen its revenue base.
• The authority is leveraging its land bank through online auctions of residential and commercial plots.
• Higher revenues are expected to support infrastructure projects and planned urban expansion.
• The move reflects a broader push by development agencies to monetise land assets more efficiently amid growing demand in Jaipur's property market.Read more

Gurugram News Desk

3 hours ago

• A sealing drive against unauthorised paying guest accommodations and commercial establishments in Gurugram's DLF Phase 3 has displaced dozens of tenants with little time to find alternative housing.
• Many affected residents, including young professionals working in the city, reported receiving short notice before the properties were sealed by authorities.
• The action is part of a broader campaign against illegal constructions and land-use violations in residential neighbourhoods.
• Tenant groups have sought greater safeguards and transition periods, arguing that occupants should not bear the consequences of regulatory lapses committed by property owners.Read more

Mumbai News Desk

4 hours ago

The Bombay High Court has directed authorities to submit a status report on compensatory afforestation linked to the Versova–Bhayandar Coastal Road project after environmental NGO Vanashakti raised concerns over compliance with conditions attached to mangrove felling approvals. The 26.3-km project, being developed by the Brihanmumbai Municipal Corporation, received permission for the removal of 45,675 mangroves subject to restoration and plantation measures. The court’s latest direction focuses on the implementation of those environmental safeguards.Read more

4 hours ago

Adani Group invested more than INR 1.5 lakh crore across infrastructure and industrial businesses in FY26, with Chairman Gautam Adani stating that the spending accounted for over 30 per cent of India’s private-sector capital expenditure during the year. Announced at the group’s annual general meeting in the past week, the investment programme focused on energy, utilities, transport and logistics assets. Adani said the investments were made despite scrutiny of the conglomerate, alongside record capital expenditure and operating earnings.Read more

5 hours ago

• The Gurugram Metropolitan Development Authority (GMDA) has restarted planning for a proposed elevated corridor on Southern Peripheral Road (SPR), reviving a project that had remained stalled for several years.
• The authority is reassessing alignment options, traffic requirements and engineering parameters to address growing congestion along one of Gurugram's key urban corridors.
• The project is intended to improve east-west connectivity and support increasing traffic volumes generated by residential, commercial and mixed-use developments along SPR.
• Fresh planning efforts form part of a broader strategy to strengthen transport infrastructure across emerging growth corridors in Gurugram.Read more

5 hours ago

• A total of 46,389 unauthorised properties in Nashik are currently being taxed with penalties, according to Maharashtra Deputy Chief Minister Eknath Shinde.
• The state government has provided eligible property owners an opportunity to regularise their structures under an amnesty scheme.
• The move is aimed at bringing unauthorised developments into the formal system while improving compliance with planning regulations.
• Nashik has witnessed a rise in unauthorised constructions over the years amid rapid urban expansion and growing demand for residential and commercial spaces.
• The initiative is expected to strengthen urban planning, improve municipal records and enhance local revenue collection.Read more

Delhi News Desk

6 hours ago

• NCR will develop four new greenfield cities along Namo Bharat RRTS corridors under the Regional Plan 2041.
• One city each is proposed in Delhi, Haryana, Uttar Pradesh and Rajasthan through a competitive selection process.
• Industry experts believe the move could increase housing supply, improve affordability and reduce pressure on established markets such as Gurugram, Noida and Ghaziabad.
• The Centre has earmarked INR 5,000 crore to support the initiative through grants, loans and guarantees.
• The cities will be planned as transit-oriented developments, with connectivity expected to drive residential and commercial growth.Read more

Hyderabad News Desk

6 hours ago

The Telangana High Court has temporarily halted the proposed e-auction of a prime land parcel in Hakimpet after petitions raised questions over ownership and title claims linked to the property. The matter came up during court proceedings, prompting the bench to defer further hearing while directing that the auction process remain on hold. The decision has put a pause on plans by the Hyderabad Metropolitan Development Authority (HMDA) to monetise the land. The case highlights the legal complexities that often accompany high-value urban land transactions and public asset disposals.Read more

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) presented its Textile Recycling Facility (TRF) as a model for urban circular economy initiatives during a national summit on textiles held in New Delhi earlier this week. Municipal Commissioner Dr Kailas Shinde outlined how urban local bodies can support India's textile recycling ecosystem by creating reliable post-consumer textile collection systems. Developed in collaboration with the Ministry of Textiles' Textile Committee, the TRF currently engages more than 50,000 households and has trained over 300 women in textile upcycling through self-help groups. The presentation also highlighted the project's contribution to reducing textile waste sent to landfills and creating sustainable livelihood opportunities while aligning with Maharashtra's Textile Policy 2023–2028.Read more

28 Jun 2026

Dubai's newly announced civility programme is expected to influence urban planning and residential development by encouraging developers to place greater emphasis on design, public spaces and the overall living experience, according to luxury developer Keturah. The initiative, announced by the Dubai Civility Committee, includes a Civility Guidebook, guidelines for public celebrations, an integrated city lighting plan and measures aimed at enhancing public behaviour and urban liveability. Keturah said the programme reflects a broader approach to city planning in which architecture, public infrastructure and community design collectively shape residents' daily experiences. The developer believes the framework will encourage greater alignment between public policy and private real estate projects while reinforcing Dubai's long-term focus on safety, quality and sustainable urban development.Read more

28 Jun 2026

• Uttar Pradesh's mandatory electrical safety inspection rule has come under renewed scrutiny following the recent fire incident in Lucknow that claimed 15 lives.
• The state requires commercial establishments, institutions and other designated buildings to undergo electrical safety inspections and renew safety clearances every three years.
• Authorities have intensified inspections across districts to check compliance with fire and electrical safety norms.
• The move is aimed at reducing fire risks caused by faulty electrical systems, one of the leading causes of building fires.
• The renewed focus highlights the importance of regular safety audits as urban development and commercial activity continue to expand across the state.Read more

28 Jun 2026

M3M 65th Avenue organised YOG-A-FAIR, a wellness-focused event marking International Yoga Day at its mixed-use development in Sector 65, Gurugram. Curated by Drivefitt and powered by GURKHA, the event brought together residents, fitness enthusiasts and visitors for a series of activities centred on physical and mental well-being. The programme featured a sunrise yoga session led by actor and fitness expert Abigail Pande, along with sound healing sessions, recovery zones, nutrition-focused offerings and mindfulness activities. The initiative reflects a broader trend among mixed-use developments and lifestyle destinations to incorporate community-oriented wellness experiences. According to M3M India, the event forms part of its efforts to promote engagement, social interaction and well-being through experiential programmes within its retail and lifestyle developments.Read more

Nagpur News Desk

28 Jun 2026

• Nagpur Municipal Corporation has identified 103 buildings housing coaching classes as unsafe during a citywide fire safety inspection drive.
• The action follows intensified scrutiny of educational institutions after recent fire-related incidents and safety concerns in the city.
• Authorities found several buildings lacking mandatory fire-fighting systems and emergency safety measures required under state regulations.
• The survey is part of a broader crackdown on fire safety violations across commercial, educational and mixed-use buildings in Nagpur.
• Civic officials have warned building owners to address deficiencies or face further action under fire safety laws.Read more

28 Jun 2026

As India’s housing loan market expands and homebuyers take on larger long-term financial commitments, industry attention is increasingly shifting from headline interest rates to loan transparency. Borrowers are being encouraged to evaluate the full structure and terms of housing finance products, including benchmark linkages, reset mechanisms and repayment conditions, rather than focusing solely on advertised rates. The discussion has gained relevance amid evolving lending practices and regulatory efforts to improve disclosure standards through measures such as the Reserve Bank of India’s expanded Key Fact Statement framework. With outstanding housing loans in India growing from around INR 10 lakh crore in 2015 to more than INR 37 lakh crore in 2025, transparency is emerging as a critical factor in helping borrowers assess affordability, understand risks and make informed long-term financial decisions.Read more

28 Jun 2026

HTL International has highlighted the growing preference for space-efficient furniture in urban homes through its Zero Wall recliner collection, available in India under its Domicil, Fabbrica and Corium brands. The company said the range is designed to recline without requiring additional clearance from the wall, enabling homeowners to optimise floor space while retaining the functionality of reclining furniture. Offered in multiple seating configurations, including 3+2, L-shaped, U-shaped and sectional layouts, the collection reflects changing consumer preferences towards multifunctional home furnishings that combine comfort, design and efficient use of space. The company said the offering aligns with evolving residential layouts as homes in urban centres become increasingly compact.Read more

28 Jun 2026

Housing sales across India's nine major residential markets increased 19% year-on-year to 112,458 units during the second quarter of 2026, supported by a 43% rise in new housing supply to 117,609 units, according to a report by PropEquity. Sales also grew 14% quarter-on-quarter, while fresh launches rose 27% over the previous quarter. Bengaluru retained its position as the country's largest residential market for both sales and new supply, while Hyderabad and Navi Mumbai recorded strong growth across both indicators. In contrast, Delhi-NCR and Kolkata registered declines in both residential sales and project launches. The report indicates that sustained buyer demand, improved developer confidence and rising residential supply continued to support the housing market despite geopolitical tensions in the Middle East.Read more

28 Jun 2026

Bengaluru-based AI shopping assistant startup Zave has secured INR 4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The company will use the proceeds to strengthen its AI-powered product, improve platform scalability and infrastructure, and enhance its artificial intelligence capabilities to support its growth. Zave currently operates across Amazon, Flipkart and more than 5,000 brand websites and applications, helping users compare products and make informed purchasing decisions. The startup has crossed 500,000 app installs, serves 50,000 daily active users, and facilitates over INR 15 crore in monthly transactions through its AI-driven recommendation engine. The funding comes as AI-powered commerce platforms continue to attract investor interest amid the rapid expansion of India's digital retail market.Read more

28 Jun 2026

Institutional investments in Indian real estate increased 23% year-on-year to USD 4.3 billion during the first half of 2026, supported by record domestic capital participation despite a slowdown in overseas inflows, according to a JLL report released on June 25. The market recorded 54 transactions, the highest ever for a six-month period, with domestic investors contributing a record 64% of total investments, or USD 2.8 billion. Office assets remained the preferred investment destination, attracting USD 2.3 billion, while Bengaluru, Chennai and Delhi-NCR accounted for nearly half of total investment activity. The report suggests that improving domestic liquidity, increasing participation by local institutional investors and resilient occupier demand continued to underpin investment activity, even as global geopolitical and macroeconomic uncertainties weighed on foreign capital deployment.Read more

28 Jun 2026

Global Capability Centres (GCCs) serving the banking, financial services and insurance (BFSI) sector are evolving from operational support units into strategic centres responsible for technology development, product innovation, cybersecurity, risk management and regulatory compliance. Financial institutions worldwide are increasingly relying on GCCs, particularly in India, to develop digital banking platforms, artificial intelligence-driven solutions and customer-centric financial products. The shift reflects changing industry priorities amid rapid digitalisation, growing regulatory complexity and evolving consumer expectations. According to industry stakeholders, GCCs are now contributing to enterprise-wide transformation programmes, supporting global operations through expertise in data analytics, cloud computing, cybersecurity and financial technology. Their expanding role is expected to strengthen further as financial institutions accelerate adoption of emerging technologies and digital business models.Read more

28 Jun 2026

The U.S. Federal Energy Regulatory Commission (FERC) has approved the start of construction on the North Carolina section of the Mountain Valley Southgate pipeline project. The decision follows a federal appeals court ruling that rejected efforts by environmental groups to halt water quality certifications issued for the project. The proposed 31-mile natural gas pipeline extension will connect Virginia and North Carolina and transport around 0.55 billion cubic feet of gas per day. The project is expected to enter service in 2028 and carries an estimated cost of USD 524 million.Read more

28 Jun 2026

ORA Group has forayed into the integrated township and plotted development segment through its newly launched vertical, ORA Land, with the announcement of BluBay, a large-scale community in Karjat. The project will feature residential plots, lifestyle amenities, wellness infrastructure and extensive open spaces. The company has also appointed cricketer Suryakumar Yadav as the brand ambassador for BluBay. The move comes amid rising demand for plotted developments and increasing investor interest in Karjat, driven by infrastructure upgrades, enhanced connectivity and the growing appeal of nature-led living within the Mumbai Metropolitan Region (MMR).Read more

28 Jun 2026

India is home to thousands of historic monuments, yet many remarkable architectural and engineering achievements remain overlooked by mainstream tourism. Beyond the country's most famous landmarks lie stepwells, forts, temples, ancient universities, sculptural complexes and royal cities that showcase extraordinary craftsmanship, innovation and historical significance. From Gujarat's intricately carved Rani ki Vav and Bihar's ancient Nalanda ruins to the formidable Gingee Fort in Tamil Nadu and the rock-cut wonders of Unakoti in Tripura, these lesser-known sites offer fascinating insights into India's rich heritage. Together, they highlight the depth and diversity of the country's built legacy waiting to be explored.Read more

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has undertaken demolition action against an unauthorised construction at A-270, Sector 2, Airoli, after the structure continued to be built despite a statutory notice issued under the Maharashtra Regional and Town Planning Act, 1966. The enforcement drive was carried out by the civic body's Encroachment Department under the directions of Municipal Commissioner Dr Kailas Shinde and the supervision of senior municipal officials. The action resulted in the partial removal of the unauthorised structure, with demolition teams, labourers, machinery and police personnel deployed for the operation. NMMC has stated that enforcement against unauthorised constructions within its jurisdiction will continue in the coming period.Read more

28 Jun 2026

AFC Furniture Solutions has joined the UN Global Compact Network India (UNGCNI) as an Annual Business Participant for the 2026–27 period, reinforcing its commitment to sustainability, ethical manufacturing and responsible business practices. The move aligns the company with the UN Global Compact's Ten Principles covering human rights, labour, environment and anti-corruption, while supporting the United Nations Sustainable Development Goals. AFC said the participation builds on its existing sustainability initiatives, including lifecycle assessments, greenhouse gas reduction measures and the use of low-emission materials. The company will engage with UNGCNI programmes, submit annual progress disclosures and expand efforts around responsible manufacturing, supply chain transparency and workplace safety as demand grows for ESG-focused workplace and infrastructure solutions.Read more

28 Jun 2026

Spring House Workspaces has expanded its managed workspace portfolio with the launch of a 55,000 sq ft flexible office centre at Orchid Centre on Golf Course Road, Gurugram. The new facility, located in the LEED Platinum-certified commercial development, offers more than 1,300 seats and is designed to serve startups, growing companies and enterprise occupiers. The launch strengthens the operator's presence in one of the National Capital Region's most active office markets, where demand for flexible and managed workspaces continues to grow. The centre forms part of Spring House's broader expansion strategy focused on premium, design-led workspace solutions across key urban markets in India.Read more

28 Jun 2026

Casagrand Commercial, the commercial real estate division of Casagrand Group, has entered the Coimbatore office market with the launch of Casagrand Crown, its first commercial project in the city. Announced on June 24, the development is located on Avinashi Road and offers around 1 lakh sq. ft. of Grade A office space targeted at IT and ITES companies, Global Capability Centres (GCCs), startups, co-working operators and corporate occupiers. The project has been fully pre-leased to IndiQube, highlighting sustained occupier demand for institutional-quality office space in Coimbatore. The launch forms part of Casagrand Commercial's expansion strategy following the establishment of its commercial business in 2023 and adds to a growing portfolio of office and retail developments spanning more than 4 million sq. ft. across southern India.Read more

28 Jun 2026

The Standing Committee of the Navi Mumbai Municipal Corporation (NMMC) has approved a series of civic infrastructure projects covering parks, drainage systems, sewerage networks and sports infrastructure across multiple nodes of the city. The proposals, presented by Municipal Commissioner Dr Kailas Shinde and approved unanimously under the chairmanship of Standing Committee Chairman Ashok Bhauso Patil, include the redevelopment of two public parks in Vashi, sewerage upgrades in Nerul, repairs to the boundary wall at Rajiv Gandhi Sports Complex in CBD Belapur, and drainage and footpath works in Ghansoli. Collectively, the sanctioned projects are intended to improve public amenities, strengthen urban infrastructure and address long-standing civic issues affecting residents in several neighbourhoods.Read more

28 Jun 2026

ECOS Dubai Hotel at Al Furjan has launched a summer hospitality campaign featuring a half-board accommodation package and a Dubai Summer Surprises (DSS) direct-booking discount. The initiative is aimed at families, couples and UAE residents seeking affordable staycation options during the summer season. The hotel's "ECOS Summer Escape 2026 with Half Board" package starts at AED 299 per night, excluding tourism fees, and includes accommodation, meals and leisure access. Alongside the package, guests booking directly through the hotel's website can receive discounts of up to 30% on the best available room rates as part of the wider DSS tourism programme. The offer is available for a limited period during the summer months.Read more

Mumbai News Desk

28 Jun 2026

Duville Estates has reaffirmed its focus on a design-led development approach centred on long-term usability, space efficiency and community creation as it evaluates expansion opportunities across East Pune and other markets in Maharashtra. The developer said its philosophy is guided by a legacy dating back to 1810 and focuses on creating residential communities that remain relevant over time rather than following short-term architectural trends. The company highlighted the growing significance of Pune’s eastern corridor as a residential and commercial growth destination and said future projects will continue to emphasise thoughtful planning, functionality and sustainability. Duville Estates currently operates in Mumbai and Pune, with its 31-acre Riverdale township in Kharadi serving as its flagship development.Read more

28 Jun 2026

UK-based property fund manager First Property Group reported a 12.2% year-on-year increase in profit before tax for the financial year, supported by higher rental income, gains from property sales and lower operating costs. The company's diluted earnings per share rose 10.4% to 1.81 pence, while profit before tax reached GBP 3.40 million. Following the improved performance, the company proposed a final dividend of 0.25 pence per share, marking the return of shareholder payouts. Management said market conditions remain challenging but sees attractive investment opportunities and maintains a positive outlook.Read more

28 Jun 2026

Industry stakeholders have welcomed the NCR Regional Plan 2041, stating that the framework could accelerate the transition of the National Capital Region towards a multi-nodal urban development model. Developers and property consultants said the plan’s focus on decentralisation, transit-oriented development, regional connectivity and economic growth centres is likely to strengthen demand across emerging markets such as Sonipat, Jewar and Bhiwadi, while reinforcing the position of established hubs including Noida and Gurugram. The plan envisions a regional economy valued at approximately INR 20 lakh crore and accommodation for more than three crore residents through planned urban expansion. Industry executives highlighted the role of major infrastructure projects, including the Regional Rapid Transit System (RRTS), metro extensions, the Kundli-Manesar-Palwal Expressway and Noida International Airport, in driving future residential, commercial and industrial development across NCR.Read more

28 Jun 2026

BPTP’s residential project Skynest in Sector 80, Greater Faridabad, has been recognised with the ‘Landmark High-Rise Development of the Year’ award at the ET NOW Realty Conclave & Awards 2026. The project comprises twin residential towers rising to approximately 150 metres and incorporates green building features, landscaped sky decks and community-oriented amenities. Located along the Faridabad Bypass Road corridor, Skynest is positioned within the rapidly developing Greater Faridabad residential market. The development has been planned with support from a team of international and domestic consultants across architecture, engineering, sustainability and design disciplines. The recognition highlights the project's design approach and reflects growing development activity in Faridabad, which continues to emerge as an important residential destination within the National Capital Region (NCR).Read more

28 Jun 2026

Lok Sabha Speaker Om Birla has called upon IIT alumni to play a greater role in shaping reforms across sectors and contribute practical solutions to challenges faced by citizens. Speaking at the launch of the book IIT: The Story of India’s Most Prestigious Educational Ecosystem and the inauguration of the PanIIT Book Club at IIT Delhi, Birla said the experience and expertise of IIT graduates should be leveraged by Parliamentary Standing Committees. The event, organised by Pan IIT Alumni India to mark 75 years of the IIT ecosystem, brought together more than 400 alumni, policymakers, entrepreneurs and industry leaders. Discussions focused on innovation, self-reliance, technology development and the role of IITs in supporting India's vision of becoming a developed nation by 2047.Read more

28 Jun 2026

Banke International Properties has entered into Association of Persons (AOP) partnerships with several major developers in the Mumbai Metropolitan Region (MMR), covering residential inventory valued at approximately INR 10,000 crore. The portfolio includes projects by Godrej Properties, L&T Realty, Piramal Realty, Lodha and MS Realty across the western suburbs, Thane and other emerging residential corridors. Through the agreements, the company aims to generate around INR 500 crore in sales during the current financial year, contributing to its overall sales target of INR 1,000 crore. The partnerships are structured around a performance-driven sales framework intended to strengthen collaboration between developers and channel partners, while supporting customer acquisition across domestic and non-resident Indian (NRI) buyer segments.Read more

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has announced that its property tax collection centres will remain operational on weekends and public holidays until June 30, 2026, enabling property owners to complete payments before a 2% late payment charge comes into effect from July 1. The special arrangement covers the civic body's headquarters, all eight ward offices and their affiliated tax collection centres, which will function between 10 am and 3 pm. Alongside physical payment facilities, NMMC has also urged taxpayers to utilise its digital payment platforms, including its website, mobile application, WhatsApp chatbot, QR code-enabled payments and UPI services, to ensure timely tax compliance and avoid additional financial liability.Read more

Hyderabad News Desk

27 Jun 2026

• The Telangana Fire Services Department has initiated legal action against Sky100 Kitchen and Bar in Madhapur and Venkateshwara Coliving & PG Hostel in Kondapur over alleged fire safety violations.
• Inspections found that both establishments failed to install mandatory firefighting equipment and did not comply with prescribed fire safety norms.
• Authorities have directed the managements to immediately address the deficiencies and ensure compliance with fire safety regulations.
• The action is part of a wider enforcement drive across Hyderabad following increased scrutiny of fire safety standards in commercial and residential buildings.
• Officials said inspections and monitoring will continue as the department focuses on improving safety preparedness in high-occupancy properties.Read more

27 Jun 2026

The US Federal Reserve has found that the country's 32 largest banks remain well-capitalised and capable of withstanding a severe economic downturn while continuing to lend. The annual stress test showed banks could absorb more than USD 700 billion in hypothetical losses and still remain above minimum capital requirements. Following the results, several major lenders, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, State Street and Wells Fargo, announced dividend increases and share buyback plans. The findings also come as regulators consider broader changes to bank capital rules.Read more

27 Jun 2026

Bolt.Earth has entered into a strategic partnership with MapmyIndia to improve the discoverability of its electric vehicle charging infrastructure across India. Under the collaboration, approximately 350 of Bolt.Earth’s Level 2 and Level 3 chargers have been integrated into MapmyIndia’s maps and navigation platforms through the Open Charge Point Interface (OCPI) protocol. The integration will enable users to locate charging stations directly through MapmyIndia’s applications while expanding visibility for charger owners beyond the Bolt.Earth ecosystem. The partnership comes as India’s electric mobility sector continues to expand and charging accessibility remains a critical factor in EV adoption. MapmyIndia stated that its platforms now provide access to information on more than 18,000 EV charging points nationwide through integrations with multiple ecosystem partners.Read more

27 Jun 2026

Luxury tented resorts are increasingly finding favour among hospitality developers and travellers seeking immersive experiences that combine nature, comfort and destination-led storytelling. Moving beyond conventional hotels, these projects are being designed as integrated hospitality ecosystems that blend sustainability, mobility and premium accommodation. Design consultancy EuMo DesignIntelligence has contributed to several such developments across India and overseas, including projects in Ranthambore, Ladakh, Hampi, Nagaland, Bandhavgarh and Nigeria. The trend reflects changing traveller preferences towards experiential tourism, wildlife-based stays and wellness-focused destinations. Industry stakeholders note that luxury tented hospitality is evolving from a niche offering into a recognised segment within the broader tourism and resort real estate market, supported by growing demand for distinctive travel experiences and environmentally responsive development models.Read more

27 Jun 2026

Central Park Resorts conducted a live demonstration and mock drill of its rainwater harvesting (RWH) system management at Central Greens in Sector 48, Gurugram, on June 19. Organised following the direction of the Principal Advisor, Urban Development, Government of Haryana, the exercise was attended by officials from the Gurugram Metropolitan Development Authority (GMDA) and representatives from around 30 group housing societies and resident welfare associations. The demonstration covered maintenance procedures, recharge pit inspections, pre-monsoon preparedness measures, structural assessments and water recharge capacity evaluations. The initiative highlighted the growing importance of sustainable infrastructure in residential developments as developers increasingly focus on water conservation, regulatory compliance and long-term community resilience. The exercise also showcased operational practices aimed at strengthening rainwater harvesting performance ahead of the monsoon season.Read more

27 Jun 2026

Ladun Investment Company has signed a major infrastructure development contract for the Namar land project under the first phase of Saudi Arabia’s Real Estate Balance Program. The agreement, awarded by Al-Ayuni Investment and Contracting Company, is valued at SAR 326.7 million and will be executed by Ladun over a five-year period. The project focuses on developing key infrastructure for the Namar land area and adds to Ladun’s portfolio of construction and development assignments linked to the Kingdom’s ongoing urban expansion and real estate development initiatives.Read more

27 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has disconnected the water supply and sewerage connection to Amoli Co-operative Housing Society Ltd at Plot No. 28, Sector 30, Sanpada, after the building continued to be occupied despite being classified as a C-1 (highly dangerous and unfit for habitation) structure. The building had been declared unsafe during the 2019–20 structural assessment, and notices directing occupants to vacate had already been issued. The civic body stated that the action was taken in compliance with directions of the Bombay High Court to facilitate the evacuation of dangerous buildings. Electricity supply to the building will also be disconnected shortly as part of the ongoing enforcement process.Read more

27 Jun 2026

District by Zomato has entered into a strategic partnership with PadelPark India to integrate bookings for the latter's padel courts onto its platform, aiming to simplify access to the rapidly growing sport. Announced on June 25, the collaboration covers 11 7Padel facilities across Mumbai, Bengaluru and Pune, enabling users to discover venues and reserve courts through the District app. The partnership comes amid increasing interest in padel as a recreational and fitness activity in urban India, with both companies seeking to improve accessibility and encourage wider participation. The collaboration also reflects the growing convergence of digital platforms and sports infrastructure as operators look to streamline customer experiences and support the expansion of organised recreational sports.Read more

27 Jun 2026

Golden Growth Fund (GGF) has announced the final close of its maiden Alternative Investment Fund (AIF) with assets under management of INR 101 crore. The Category II real estate-focused fund, launched in September 2024, invests exclusively in South Delhi residential markets and reported a net asset value (NAV) growth of 61% as of March 2026. The fund has deployed capital across three projects in Anand Niketan, Neeti Bagh and Gulmohar Park, with listed developer Grovy India Ltd serving as the development partner. According to the fund, South Delhi’s luxury residential market continued to witness strong price appreciation during the first quarter of 2026, supporting investor interest in specialised real estate investment vehicles focused on premium micro-markets.Read more