17 minutes ago

Nehlia Developers has entered the premium plotted development segment with the launch of Nehlia Santo Hills, a 75-acre farmhouse project located in the Aravalli Hills near Rewari, Haryana. The project was unveiled during the company's brand launch event held at Orana Convention, Gurugram, where actor Randeep Hooda was introduced as the company's brand ambassador. Scheduled for completion by December 2028, the development will comprise premium farmhouse plots with modern infrastructure and is expected to generate nearly 1,000 direct and indirect employment opportunities. The launch event brought together channel partners, investors, industry representatives and media, highlighting the developer's plans to expand its presence in the premium farmhouse and plotted development market.Read more

47 minutes ago

The Tamil Nadu government has announced a new 'My Home' affordable housing scheme for middle-income families as part of the 2026–27 State Budget, aiming to improve homeownership through a public-private partnership (PPP) model. The scheme envisages an investment of INR15,000 crore over the next seven years, including INR3,500 crore as viability gap funding to encourage private sector participation. The state has allocated INR8,852 crore to the Housing and Urban Development Department, with additional initiatives including redevelopment of ageing tenements, an AI-powered governance platform and preparation of a comprehensive master plan for the expanded Chennai Metropolitan Area. The government said the housing initiative is intended to bridge the affordability gap for middle-income households while supporting planned urban development across Tamil Nadu.Read more

1 hour ago

India's logistics landscape is undergoing one of its biggest transformations as integrated logistics parks replace scattered warehouses with technology-driven freight hubs. Strategically located along dedicated freight corridors, industrial zones, expressways and multimodal transport networks, these mega developments are designed to reduce logistics costs while improving supply chain efficiency. Supported by government initiatives such as PM Gati Shakti and the National Logistics Policy, several large-scale logistics parks are currently under development across the country. Here are ten projects that are quietly redefining how goods will move across India in the years ahead.Read more

2 hours ago

Legal professionals Maneck N. Mulla, Ameet B. Naik and Neil Mandevia have formed MNM Partners, a strategic legal alliance bringing together expertise across real estate, infrastructure, dispute resolution, family office advisory, trusts, succession planning and white-collar crime. While each founder will continue to independently lead their existing law firms, the new partnership aims to provide integrated legal services to corporates, developers, investors, financial institutions, family offices and high-net-worth individuals in India and overseas. The alliance also intends to expand into a broader multidisciplinary legal platform as its practice evolves.Read more

2 hours ago

Coral Beach Resort Sharjah has commissioned a biodigester system, becoming the first hotel in Sharjah to operate the technology for on-site food waste processing. The system converts organic kitchen waste into greywater using natural microorganisms and oxygen, reducing landfill waste, methane emissions and waste transportation requirements. The treated water is reused for landscape irrigation as part of the resort's water conservation programme. The initiative aligns with the Sharjah Commerce & Tourism Development Authority's Food Waste Carbon Pilot Implementation and forms part of the resort's wider sustainability strategy, which also includes water conservation, waste reduction and the elimination of single-use plastic bottles through an on-site water bottling plant.Read more

3 hours ago

IHG Hotels & Resorts has introduced its luxury lifestyle brand, Vignette Collection, to India and South West Asia with the opening of The Aarlis Hotel Panchkula in Haryana. The 145-room property, located in Panchkula within the Chandigarh Tricity region, marks the brand's regional debut and joins IHG's Luxury & Lifestyle portfolio. Positioned close to major tourist attractions and commercial centres, the hotel offers accommodation, multiple dining venues, wellness facilities and approximately 30,000 sq. ft. of meetings and events space. The opening forms part of IHG's strategy to expand its presence in India's growing luxury hospitality market through distinctive, independently positioned hotels.Read more

3 hours ago

Saya Group has launched its 'Great Grand Property Carnival', a limited-period sales campaign featuring residential and commercial properties worth more than INR 700 crore across three developments in the National Capital Region (NCR). The inventory includes ready-to-move-in homes at Saya Gold Avenue in Indirapuram, commercial spaces at Saya South X in Greater Noida West, and retail units at Saya Piazza in Jaypee Wish Town, Noida. Commercial investment opportunities begin at approximately INR 17.5 lakh, including pre-leased assets with assured rental income. The campaign also offers festive pricing, booking incentives and assured gifts on selected inventory, with offers available for a limited period and subject to terms and conditions.Read more

4 hours ago

Passenger traffic on the Delhi-Meerut Namo Bharat corridor has risen sharply during the Kanwar Yatra as road restrictions and diversions have made road travel more difficult across parts of Delhi-NCR and western Uttar Pradesh. Several stations have recorded more than 40 per cent growth, with Ghaziabad seeing an increase of over 50 per cent and daily usage of 15,000 to 20,000 passengers. The corridor also recorded its highest-ever average daily ridership of around 1.5 lakh passengers during the ongoing pilgrimage period. NCRTC has added 52 daily train trips to manage the higher demand.Read more

5 hours ago

Around 60 per cent of nearly 600 real estate projects under scrutiny in Kolkata are expected to receive clearance within days, while most of the remaining projects could get approval before the August 15 deadline. The scrutiny was introduced by the Kolkata Municipal Corporation for projects above four floors after the collapse of a warehouse at Taratala. Construction at the affected projects had been suspended for revalidation of approvals issued under the previous TMC government. CREDAI West Bengal said the review process has made progress, while projects with incomplete submissions or serious deviations may remain stalled.Read more

6 hours ago

The Indian Institute of Management Ahmedabad (IIMA) has published a case study examining the business model of The House of Abhinandan Lodha (HoABL), focusing on the company's digital-first approach to branded land development. Titled HoABL: Ready for Scaling Up, the case has been authored by IIMA Associate Professor of Marketing Sourav Borah and Dr Aparna Kansal of IMT Ghaziabad. It explores HoABL's strategy of creating a branded land category through technology, legal due diligence, design-led development and customer-focused operations. The case study will be used through the IIMA Case Centre for academic and executive education programmes to facilitate discussions on business model innovation, category creation and organisational growth.Read more

7 hours ago

Pristine, the bakery division of Allana Consumer Products Limited (ACPL), is strengthening its position as a manufacturing and product development partner for organised bakery and café brands across India. The company serves as the exclusive manufacturing partner for Mad Over Donuts and The Belgian Waffle Co., while also supplying bakery products to Krispy Kreme India, Merwans, Monginis outlets in Ahmedabad and several other bakery brands. With a production capacity of 100 tonnes per day, more than 70 stock keeping units (SKUs) and over 7,000 active customers, Pristine is expanding its manufacturing capabilities and research efforts to support growing demand for premium bakery products and customised solutions.Read more

8 hours ago

Taylor Wimpey España has highlighted residential options near Sotogrande that offer access to the area's lifestyle at comparatively lower price points than properties within the luxury resort itself. The developer said homes at its Grand Bay development in Bahía de Las Rocas, located around five minutes from Sotogrande Marina, are priced from EUR 390,000 plus VAT. The A-rated apartments and penthouses comprise two and three-bedroom configurations and include communal amenities such as landscaped gardens, a swimming pool, underground parking and storage. The company also outlined recreational attractions surrounding Sotogrande, including beaches, marinas, golf courses and cultural landmarks, which it said contribute to the area's appeal for homebuyers and second-home purchasers.Read more

9 hours ago

The Sleep Company has opened a new experience store at Vihang Ventura, the commercial development by Vihang Ahead in Mira Road, Mumbai. The launch strengthens the project's retail tenant mix as organised brands continue expanding into high-growth suburban markets across the Mumbai Metropolitan Region. Located opposite Kashigaon Metro Station, Vihang Ventura is being developed as an integrated commercial destination comprising retail outlets, showrooms, office spaces and lifestyle brands. The comfort-tech retailer, which operates more than 200 stores across India, said the expansion aligns with its strategy of targeting markets supported by residential growth, infrastructure improvements and rising consumer demand for premium products.Read more

10 hours ago

The Navi Mumbai Municipal Corporation (NMMC) has announced that its next monthly Lokshahi Din (Public Grievance Day) will be held on September 7, 2026, at the civic headquarters in CBD Belapur. Citizens wishing to present personal grievances must submit applications in the prescribed format by August 21. The application form is available on the NMMC website as well as at the Public Relations Department of the municipal headquarters. The civic body has clarified that only individual grievances relating to a single department will be considered, while court matters, revenue appeals and service-related issues will remain outside the scope of the programme.Read more

11 hours ago

IndiGo has announced the launch of direct flights between Guwahati and Deoghar, with services scheduled to begin on August 4, 2026. The new route will operate twice a week, improving air connectivity between Northeast India and one of Jharkhand's prominent religious destinations. The airline said the service is expected to support pilgrimage travel, tourism and regional economic links while strengthening Guwahati's role as a gateway to the Northeast and expanding Deoghar's domestic aviation network.Read more

12 hours ago

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% and retained its 'neutral' monetary policy stance during the third bi-monthly Monetary Policy Committee (MPC) meeting for FY27. While the real estate industry had anticipated a rate reduction to improve home loan affordability, developers and property consultants said the decision provides financial stability amid global economic uncertainty and inflationary risks. Industry stakeholders believe unchanged borrowing costs, coupled with the RBI's upward revision of India's GDP growth forecast to 6.7%, will continue to support residential demand, maintain buyer confidence and provide developers with greater financial certainty for project planning.Read more

13 hours ago

The Navi Mumbai Municipal Corporation (NMMC) has disconnected water and sewerage connections to several buildings classified as C1, the highest-risk category of dangerous structures, as part of efforts to prevent accidents during the monsoon. Acting on directions from Maharashtra Chief Minister and Municipal Commissioner Dr Kailas Shinde, Additional Municipal Commissioner Dr Rahul Gethe led inspections across Belapur, Nerul, Vashi and Koparkhairane. The civic body had earlier appealed to residents to vacate these buildings owing to their unsafe condition. The latest action is intended to ensure that habitation ceases in these structures and to safeguard public safety during the ongoing monsoon season.Read more

08 Aug 2026

A parliamentary panel has flagged major planning, execution and financial sustainability shortcomings in BSNL’s INR 942.34 crore project to establish 25,000 Wi-Fi hotspots at rural telephone exchanges. The Committee on Public Undertakings noted that BSNL commissioned 24,333 hotspots, or 97.3% of the target, but earned only INR 3.09 lakh against a projected INR 75 crore revenue target. The report also highlighted delays, subsidy losses, liquidated damages and downtime penalties, recommending stronger monitoring, accountability and performance-linked funding for future telecom infrastructure projects.Read more

08 Aug 2026

News Corp reported better-than-expected financial results for its fourth quarter, supported by strong growth in its digital real estate, Dow Jones and book publishing businesses. The company posted revenue of USD 2.34 billion, surpassing analysts' estimates, while adjusted earnings per share nearly doubled from a year earlier. Revenue from digital real estate services rose 19%, reflecting continued demand for online property platforms. The company also highlighted progress in expanding AI-related content licensing discussions with technology firms, building on agreements already signed with OpenAI and Meta.Read more

08 Aug 2026

The Goa government has proposed a collaboration with Gujarat to promote cultural and spiritual tourism exchanges between the two states. The proposal was discussed during the Travel & Tourism Fair (TTF) Ahmedabad 2026, where Goa presented a wider range of tourism offerings beyond its traditional beach-focused image. Tourism Minister Rohan Khaunte held discussions with Gujarat Chief Minister Bhupendra Patel around the possibility of signing a memorandum of understanding (MoU). The proposed cooperation is aimed at strengthening tourism ties, improving visitor movement between the states and developing new opportunities across cultural, spiritual, wellness and other tourism segments.Read more

08 Aug 2026

Foreign direct investment inflows into Andhra Pradesh rose more than six-fold to USD 608.59 million in 2025-26, compared with USD 92.13 million in 2023-24, according to data presented in Parliament. The state recorded USD 233.14 million in FDI in 2024-25 before the inflow increased sharply in the following financial year. The data covers investment across sectors including metallurgical industries, food processing, cement and gypsum products, services, automobiles, chemicals, electrical equipment and electronics. The rise comes as the state government has focused on faster approvals, infrastructure development and improving the ease of doing business.Read more

Bangalore News Desk

08 Aug 2026

Indian Railways is considering introducing a new Vande Bharat Sleeper service between Bengaluru and Visakhapatnam, a move aimed at improving overnight rail connectivity between Karnataka and Andhra Pradesh. The proposed service is expected to cater to growing passenger demand on one of South India's busiest intercity routes, offering faster and more comfortable long-distance travel. If approved, the train would strengthen connectivity between two major technology and industrial hubs while expanding the Vande Bharat Sleeper network as Indian Railways continues to modernise its long-distance passenger services.Read more

08 Aug 2026

Rane (Madras) Ltd reported an 18.8% year-on-year increase in consolidated revenue to INR 1,050.6 crore for the first quarter of FY27, supported by growth across domestic original equipment (OE), international and aftermarket businesses. EBITDA increased 22% to INR 95.8 crore, while profit after tax (PAT) rose 62.5% to INR 30.1 crore. During the quarter, the company signed a business transfer agreement to acquire the friction business of Hindustan Composites for an enterprise value of INR 370 crore, subject to regulatory approvals, and secured new business with a lifetime value of around INR 2,040 crore.Read more

Patna News Desk

08 Aug 2026

The Patna High Court has directed the Bihar government and the National Highways Authority of India (NHAI) to submit detailed reports on the plantation, maintenance and conservation of trees along national highways in the state. The court sought information on measures taken to ensure compensatory plantation, survival of saplings and protection of roadside greenery during highway development. The directions came while hearing a public interest matter concerning environmental protection, highlighting the need to balance expanding road infrastructure with ecological conservation and sustainable development.Read more

08 Aug 2026

Radisson Blu Guwahati is organising 'Uttar Dakshin – Jab North Met South', a culinary festival at The Great Kebab Factory from July 31 to August 16, 2026. The event brings together regional dishes from North and South India, featuring a menu curated by the hotel's culinary team. The festival includes a range of vegetarian and non-vegetarian specialities prepared using traditional recipes and cooking techniques, alongside themed décor and regional dining elements designed to showcase India's diverse culinary heritage.Read more

08 Aug 2026

Commercial real estate investment across the Asia Pacific region increased 27% year-on-year during the first half of 2026, supported by stronger office leasing activity and continued rental growth, according to CBRE's 2026 Asia Pacific Real Estate Market Outlook Mid-Year Review. Office investment volumes rose 29%, with Singapore leading regional activity, while Hong Kong SAR recorded improvement and mainland China showed signs of stabilisation. The report also highlighted resilient demand for Grade A office space, driven by artificial intelligence-related occupiers in Singapore and Global Capability Centres (GCCs) in India. Across logistics, retail and hospitality, demand remained concentrated in prime assets amid constrained new supply.Read more

08 Aug 2026

Koemmerling, a brand of Germany-based profine Group, has expanded its presence in the Mumbai Metropolitan Region with the opening of a new experience centre in CBD Belapur, Navi Mumbai. The facility was inaugurated by senior officials of the profine Group and profine India and coincided with the Indian launch of the Allure S46 aluminium minimal sliding door system. The company said the new centre is intended to support architects, developers and homeowners by providing access to its range of uPVC and aluminium window and door systems. The expansion forms part of the company's strategy to strengthen its presence in India's growing infrastructure and building materials market through continued investment and product development.Read more

08 Aug 2026

Britain's construction sector showed signs of stabilising in July as the pace of decline eased across key segments, according to the latest S&P Global UK Construction Purchasing Managers' Index (PMI). Commercial construction and housebuilding recorded slower contractions, while new orders improved to their strongest level in several months. Employment continued to decline but at a slower pace, and subcontractor availability increased. Input cost inflation also moderated for the second consecutive month. The survey indicated improving business confidence, with construction firms expressing their strongest optimism for the year ahead since before the Iran conflict began.Read more

08 Aug 2026

Global workplace furniture manufacturer Haworth will open an 8,100 sq ft experience centre in Bengaluru as part of its expansion in India's commercial office market. Located on St. Mark's Road in the city's central business district (CBD), the facility will serve architects, designers, corporate occupiers and channel partners by showcasing workplace solutions manufactured in India to global standards. The expansion comes as Bengaluru continues to account for the company's largest deployment of workplace furniture in the country, supported by sustained demand from Global Capability Centres (GCCs), technology firms and multinational occupiers seeking modern office environments.Read more

08 Aug 2026

Kolte-Patil Developers Ltd has signed six society redevelopment projects across the Mumbai Metropolitan Region (MMR), adding an estimated gross development value (GDV) of around INR 6,000 crore to its pipeline. The projects are located in Santacruz West, Andheri West (Lokhandwala), Oshiwara, Versova, Ghatkopar East and Vashi, and represent the company's largest annual business development addition in MMR. The developments are expected to be launched over the next six to twelve months, subject to statutory approvals. The expansion follows the company's strategic partnership with Blackstone and strengthens its redevelopment portfolio in Mumbai, where it has been active since 2013.Read more

08 Aug 2026

Savills Plc has completed its acquisition of US-based real estate investment bank Eastdil Secured LLC for an enterprise value of USD 1.1125 billion (approximately GBP 827 million), following the announcement of the proposed transaction earlier this year. The acquisition expands Savills' real estate investment banking platform across North America while strengthening its presence in Europe, the Middle East, Africa and Asia Pacific. Eastdil Secured will operate as Eastdil Secured Savills, retaining its existing business model within the Savills Group. The combined business will provide advisory services across major real estate sectors and is expected to become the world's second-largest adviser for prime commercial real estate transactions exceeding USD 100 million.Read more

08 Aug 2026

Micro, Small and Medium Enterprises (MSMEs) have an important role in India’s overall development and remain a key part of the economy, officials said at a vendor development programme in Akola. The two-day programme was organised by the Development and Facilitation Office in Nagpur under the Union Ministry of Micro, Small and Medium Enterprises to support MSMEs and improve their access to government initiatives. Maharashtra State Seeds Corporation Managing Director Dilip Swami stressed the need to ensure that the benefits of Central and state government schemes reach enterprises at the grassroots level.Read more

08 Aug 2026

Non-Resident Indians (NRIs) continue to view Indian real estate as a long-term investment, driven by infrastructure development, rising housing demand and improving market transparency. Cities such as Gurugram, Bengaluru, Hyderabad, Mumbai Metropolitan Region, Pune and Ahmedabad are emerging as preferred destinations due to their strong economic fundamentals, expanding commercial hubs and modern residential developments. While some markets are attracting investors seeking capital appreciation, others offer stable rental income or retirement-friendly housing options. Choosing the right city depends on an investor's financial goals, preferred asset type and investment horizon.Read more

08 Aug 2026

Mana Projects has launched its Freedom Month 2026 campaign for residential homebuyers to mark India's 80th Independence Day. The promotional campaign, valid for bookings made between August 5 and 31, offers eligible buyers travel vouchers equivalent to 80 days of staycations across India, subject to specified conditions. The Bengaluru-based developer has also announced a lucky draw featuring gold vouchers, a motorcycle and home makeover vouchers. In addition, the company will organise MANA Freedom Honours 2026, a community initiative recognising students for academic performance and celebrating children through activities linked to India's Independence Day celebrations.Read more

08 Aug 2026

Wellness-focused design is expected to become a defining feature of Dubai's luxury residential market as developers increasingly incorporate health-oriented planning into new projects. According to the Global Wellness Institute (GWI), the next phase of the sector will see wellness transition from a premium differentiator to a standard component of residential development. Dubai-based luxury developer Keturah has endorsed the findings, calling for greater collaboration among developers, planners, architects and public health experts to advance wellness real estate. GWI projects the global wellness real estate market will exceed USD 1 trillion by 2029, while the UAE continues to rank among the world's fastest-growing wellness property markets.Read more

08 Aug 2026

The real estate sector expects the Reserve Bank of India (RBI) to keep the repo rate unchanged at its upcoming Monetary Policy Committee (MPC) meeting, as geopolitical tensions, inflationary pressures and global economic uncertainty continue to influence the policy outlook. Industry stakeholders believe a status quo on interest rates would provide greater certainty for developers, investors and homebuyers by ensuring stable financing conditions. While lower borrowing costs remain desirable for the sector, developers say maintaining macroeconomic stability and containing inflation are likely to remain the central bank's priorities. The RBI's MPC is scheduled to meet from August 3 to August 5, with the policy decision due on August 5.Read more

08 Aug 2026

BPTP Limited has launched WA VANA, a premium gated residential enclave within its integrated township in Sector 80, Faridabad. The project draws inspiration from the Japanese philosophy of Ikigai and has been planned as an intergenerational community centred on wellness, sustainability and contemporary living. Registered under HRERA-PKL-FBD-939-2026, the development features an approximately one-acre Japanese Forest with wellness and recreational amenities. Located near the Delhi–Mumbai Expressway, NH-19 and Jewar International Airport, the project is positioned to benefit from improving regional connectivity. The landscape has been designed by international firm Coopers Hill, with a focus on integrating nature into everyday living.Read more

08 Aug 2026

The Navi Mumbai Municipal Corporation (NMMC) has announced that the deadline for submitting Enumeration Forms under the Special Intensive Revision (SIR) of electoral rolls has been extended to 17 August 2026 following directions from the Election Commission of India. The revision exercise, linked to the electoral roll qualifying date of 1 October 2026, has been underway since 30 June through Booth Level Officers (BLOs). The revised schedule also postpones electoral roll restructuring and subsequent stages of the revision process. The civic body has urged eligible voters to submit completed forms without delay, warning that failure to do so could result in their names being omitted from the draft electoral roll, requiring a fresh enrolment process through Form 6.Read more

08 Aug 2026

JK Lakshmi Cement reported a 27.9 per cent year-on-year decline in its consolidated net profit for the first quarter of FY27, even as revenue and sales volumes recorded healthy growth. Higher operating expenses weighed on profitability during the quarter. The company said cement demand is expected to remain supported by continued infrastructure spending and institutional projects. However, it flagged fuel cost volatility and geopolitical tensions in the Middle East as key risks that could impact input costs. It also highlighted the industry's continued focus on improving operational efficiency and cost optimisation to support long-term growth.Read more

08 Aug 2026

Navi Mumbai Municipal Commissioner Dr Kailas Shinde has directed civic departments to intensify measures to improve public safety and urban management, with particular emphasis on evacuating highly dangerous C1-category buildings and removing abandoned structures. During a departmental review meeting, the Commissioner instructed officials to disconnect electricity, water and sewerage services to unsafe buildings and expedite evacuation measures. He also ordered fire safety audits of coaching centres, the formulation of a policy for hoardings, stronger action against unauthorised hawkers, improved road maintenance through technology, stricter solid waste management compliance, and enhanced monitoring of public amenities. The directions form part of the civic body's efforts to strengthen safety, service delivery and municipal governance across Navi Mumbai.Read more

08 Aug 2026

UAE-based BNW Developments has announced plans to develop around 10,000 homes across Dubai and Ras Al Khaimah over the next four years, with Indian investors playing an increasingly significant role in its business. Indian buyers contributed 14.38% of the developer's total business during the first half of 2026, making India one of its largest overseas markets. The expansion strategy was outlined at the company's Global Partners Meet in Delhi NCR, attended by over 2,000 channel partners and real estate professionals. BNW currently has 12 projects under development across the UAE and expects to begin project handovers from 2027 while expanding its engagement with Indian investors through a broader network of channel partners.Read more

08 Aug 2026

Meerut is emerging as one of the National Capital Region's fastest-evolving residential markets, supported by major investments in transport infrastructure, urban planning and industrial development. The operational Delhi–Ghaziabad–Meerut Namo Bharat corridor, expanding expressway network, Transit-Oriented Development (TOD) policy, proposed industrial clusters and the planned Ring Road are collectively improving connectivity and reshaping urban growth. These infrastructure projects are reducing travel times, creating employment opportunities and encouraging organised residential development, positioning Meerut as an increasingly attractive destination for both end-users and developers seeking opportunities beyond Delhi and Noida.Read more

08 Aug 2026

The Ministry of Housing and Urban Affairs (MoHUA) has advised all State Real Estate Regulatory Authorities (RERAs) to grant a four-month extension to eligible real estate projects affected by disruptions arising from the West Asia situation. In an advisory issued in the past week, the Ministry invoked the Force Majeure provisions under the Real Estate (Regulation and Development) Act, 2016, following a Finance Ministry memorandum that classified the situation as a "war" for contractual purposes. The advisory applies to projects whose original, revised or previously extended completion deadlines fall on or after February 28, 2026. The Ministry has also recommended a common order for all eligible projects to simplify the extension process and reduce regulatory procedures.Read more

08 Aug 2026

Digital commercial property finance platform Brickflow has launched an automated Decision-in-Principle (DIP) service for brokers in collaboration with lender Together, enabling instant lending decisions for bridging loans and commercial term finance. The new capability allows brokers to obtain automated DIPs within seconds through the Brickflow platform, reducing processing times and manual intervention during the early stages of the lending process. The launch follows a technical integration between the two firms and is intended to streamline commercial property finance applications. The announcement comes amid growing industry demand for faster lender response times, particularly during affordability assessments and initial lending approvals.Read more

08 Aug 2026

Mumbai's residential property market recorded its strongest July performance in more than 14 years, reflecting sustained demand despite a high base and evolving market conditions. According to Knight Frank India, property registrations within the Brihanmumbai Municipal Corporation (BMC) jurisdiction are estimated at 13,617 transactions in July 2026, marking an 8.3 per cent year-on-year increase. Stamp duty collections are projected to rise 8.9 per cent to approximately INR 1,223 crore, indicating continued momentum across the housing market. Industry stakeholders attributed the performance to infrastructure-led growth, resilient end-user demand, stable economic conditions and sustained interest in premium housing, while highlighting the need for continued policy support and faster project approvals to maintain growth.Read more

08 Aug 2026

The Navi Mumbai Municipal Corporation (NMMC) will organise a series of public participation programmes as part of the Centre's Har Ghar Tiranga campaign, scheduled from August 9 to 17. The initiative, undertaken in accordance with Central and Maharashtra government directives, aims to encourage citizens to hoist the national flag and participate in awareness activities marking the 150th anniversary of Vande Mataram. The civic body will conduct flag rallies, cleanliness drives, exhibitions, cultural programmes and school-based activities across the city. It will also establish dedicated counters at ward offices to make the national flag available to residents at concessional rates and encourage wider community participation.Read more

07 Aug 2026

The Indore district administration has demolished an illegally developed residential colony in Pipliya Rao village and reclaimed nearly two acres of government land valued at around INR 30 crore. The action was carried out as part of the administration's ongoing drive against illegal encroachments and unauthorised colonies. Officials found that the encroached land had been divided into residential and commercial plots without approvals, while an industrial unit was also operating on the site. The administration has urged homebuyers to verify land ownership and statutory approvals before purchasing plots.Read more

07 Aug 2026

The Andhra Pradesh government has appointed KPMG Advisory Services Pvt Ltd as the strategic support agency and knowledge partner to prepare the Economic Development Plan for the Tirupati Economic Region (TER). The project has been approved at a cost of around INR 3.54 crore after KPMG emerged as the highest-ranked bidder in the e-tender process. The initiative is part of the state's broader strategy to drive balanced regional development by dividing Andhra Pradesh into three economic regions Visakhapatnam, Tirupati and Amaravati with dedicated development plans for each region.Read more

Mumbai News Desk

07 Aug 2026

Maharashtra minister Mangal Prabhat Lodha has directed authorities to initiate stringent legal action against developers who have failed to hand over homes reserved for the Maharashtra Housing and Area Development Authority (MHADA). He said developers benefiting from additional development rights are required to transfer the prescribed housing stock, but several projects have remained pending for years. Lodha said stronger enforcement could make at least 1,000 additional MHADA homes available to eligible beneficiaries. The direction came during the Mumbai Board’s lottery for 2,640 homes, which received 75,127 applications.Read more

07 Aug 2026

Serentica Renewables has commissioned the first phase of its 1 GWh Battery Energy Storage System (BESS) project in Bikaner, marking its entry into utility-scale energy storage for India's commercial and industrial (C&I) sector. The initial phase comprises a 200 MWh battery storage system designed to support round-the-clock renewable power supply for industrial consumers. The project underpins one of the world's first time-block-based round-the-clock renewable energy arrangements for the C&I segment. The company also plans to build a 7 GWh battery order pipeline over the next two years as it expands its energy storage portfolio to improve the reliability of renewable power for industrial users.Read more