SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

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ITC Hotels signs 117-key Welcomhotel project in Dehradun to expand Uttarakhand portfolio

12 minutes ago

ITC Hotels Limited has signed a management agreement for Welcomhotel Dehradun Selaqui, a 117-key hotel that will expand its presence in Uttarakhand and strengthen the Welcomhotel brand in North India. The project, being developed in partnership with Orions Hospitality, marks the company's second Welcomhotel signing in Dehradun under its asset-right strategy. The hotel will comprise guest rooms, multiple dining venues and over 45,000 sq ft of indoor and outdoor event space, catering to business travellers, leisure guests and the meetings, incentives, conferences and exhibitions (MICE) segment. Located in Selaqui, an emerging commercial and industrial corridor of Dehradun, the project is expected to benefit from growing tourism, infrastructure development and improving regional connectivity, while complementing ITC Hotels' recently opened Welcomhotel by ITC Hotels Madhuban Dehradun.Read more

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Slab collapse at Koparkhairane residential building prompts evacuation

42 minutes ago

A portion of the third-floor slab in a residential building at Koparkhairane, Navi Mumbai, collapsed during the past week, prompting the Navi Mumbai Municipal Corporation (NMMC) to evacuate the building as a precautionary measure. The incident occurred at Arthav Society in Sector 18, where the slab of Flat No. 302 gave way and fell into the flat directly below. No casualties or injuries were reported. As part of emergency safety measures, civic authorities arranged temporary accommodation for affected residents at Annasaheb Patil Hall in Sector 5, disconnected electricity and water supply to the building, and sealed the premises. Police personnel have also been deployed at the site to prevent unauthorised access.Read more

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Homebuyers place greater emphasis on long-term value beyond location and price, says Smartworld Developers

1 hour ago

Homebuyers in India's residential real estate market are increasingly assessing projects on long-term value creation rather than relying solely on location and pricing, according to Smartworld Developers. The developer said buyers are now evaluating factors such as infrastructure growth, capital appreciation, construction quality, execution standards, lifestyle amenities and developer credibility before making purchasing decisions. As regulatory reforms, improved infrastructure planning and greater market transparency reshape the housing sector, residential developments are increasingly being judged on their ability to deliver sustained value, quality living experiences and dependable execution throughout the ownership lifecycle.Read more

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Delhi's vertical growth plans shift focus to infrastructure and integrated urban development

1 hour ago

Delhi's decision to increase the Floor Area Ratio (FAR) and expand Transit-Oriented Development (TOD) norms has renewed discussions around the city's ability to accommodate higher-density development while maintaining urban liveability. The policy is intended to optimise land use and address housing demand, but urban planners and architects have highlighted the need for parallel investments in infrastructure, including water supply, sewage networks, transport systems and public spaces. They argue that higher density can only be sustained through integrated planning rather than isolated high-rise construction. Mixed-use developments with residential, commercial and open spaces are increasingly being cited as examples of how vertical growth can be combined with supporting infrastructure to create more balanced urban environments.Read more

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Knowledge Economic City partners with Albilad Capital to develop first phase of Multaqa Hospitality project

2 hours ago

Knowledge Economic City (KEC) has signed a non-binding term sheet with Albilad Capital to establish a closed-ended private real estate investment fund for the first phase of its Multaqa Hospitality project in Madinah. The proposed fund will be managed by Albilad Capital, subject to regulatory approvals and final agreements. The development, valued at around SAR 1.5 billion (USD 400 million), will include two Marriott-branded hotels and branded residences. The move supports KEC's broader strategy to expand its hospitality portfolio and attract institutional investment in line with Saudi Arabia's Vision 2030.Read more

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MAHE and Dhruva Space to set up ASCENT Centre for satellite research and space technology development

2 hours ago

Manipal Academy of Higher Education (MAHE) and Hyderabad-based Dhruva Space have partnered to establish the ASCENT (Advanced Space Capability, Engineering & New-space Technologies) Centre at the MAHE campus in Manipal. The facility, expected to open in late 2026, will support satellite development, space systems engineering, applied research, and student-led missions. Equipped with advanced testing infrastructure, the centre aims to strengthen industry-academia collaboration, develop mission-ready talent, and contribute to India's growing commercial space ecosystem through research, innovation, and technology development.Read more

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The Markets That Keep Jaipur's Craft Traditions Alive

3 hours ago

Jaipur's markets are more than shopping destinations. They remain the primary link between centuries-old craft traditions and modern consumers. From Johari Bazaar's gemstone trade and Bapu Bazaar's textiles to workshops producing the city's renowned blue pottery, these commercial corridors continue to support artisans, traders and tourism. Recent government initiatives aimed at handicraft promotion, artisan training and cluster development underscore the economic significance of these traditional markets, even as conservation and infrastructure challenges persist across the historic walled city.Read more

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PCPL delivers 14 lakh sq. ft of redevelopment projects in Mumbai, plans 21 lakh sq. ft pipeline

3 hours ago

Mumbai-based Pranav Constructions Private Limited (PCPL) has delivered more than 14 lakh sq. ft of redeveloped residential space across the city as of March 2026 and has outlined a future pipeline exceeding 21 lakh sq. ft. The developer has completed 28 redevelopment projects, benefiting over 2,450 families, while expanding beyond its traditional presence in Mumbai's western suburbs into neighbourhoods including Santacruz, Bandra, Andheri, Mahim and Matunga. PCPL currently has 20 redevelopment projects under construction and plans to add 18 more developments across western Mumbai and South Mumbai as it strengthens its presence in key urban redevelopment markets.Read more

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Canadian home sales rise in June, prices unchanged from prior month

4 hours ago

Canada's housing market continued to show gradual improvement in June, with home sales recording a slight monthly increase after a stronger recovery in the previous month. Home prices remained stable compared with May, while new property listings declined. The sales-to-new listings ratio crossed the 50% mark for the first time this year, indicating a better balance between demand and supply. The Canadian Real Estate Association (CREA) expects housing activity to strengthen further during the second half of the year, supported by improving market conditions.Read more

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Bansal Family outlines INR 10,000 crore FY27 investment plan as real estate portfolio reaches INR 1.28 lakh crore GDV

4 hours ago

The Bansal Family, through M3M India and Smartworld Developers, has announced plans to invest around INR 10,000 crore during FY27 towards construction activities and strategic land acquisitions as its real estate portfolio surpasses a Gross Development Value (GDV) of INR 1,28,731 crore. With a fully paid land bank exceeding 3,000 acres across the National Capital Region (NCR), of which only about 26% has been utilised, the Group retains significant development potential. The family stated that it remains net debt-free, entirely promoter-owned and investment-grade rated. Its portfolio spans luxury housing, branded residences, retail, office and industrial developments, while ongoing expansion in Gurugram and Noida reflects its continued focus on the NCR market.Read more

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Nexus Seawoods Mall to host three-day Purple Day Sale across retail categories

Navi Mumbai News Desk

5 hours ago

Nexus Seawoods Mall will host the Purple Day Sale from July 10 to 12, offering discounts across fashion, footwear, electronics, accessories and lifestyle categories as part of a wider campaign across participating Nexus Select Malls. The three-day retail event will feature offers of up to 50% on selected merchandise from several national and international brands, alongside in-store promotions and customer engagement activities. The initiative comes as organised retail centres continue to use large-scale promotional events to increase footfall and drive consumer spending across multiple product segments beyond traditional end-of-season apparel sales.Read more

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Paradigm Realty raises INR 100 crore from Arnya RealEstates Fund for Chembur residential project

6 hours ago

Paradigm Realty Group has secured an institutional investment of INR 100 crore from Arnya RealEstates Fund for its residential project, 71 Midtown, in Chembur, Mumbai. The capital will be used to fund the completion of Phase 1 and Phase 2 of the approximately 4.5-acre development. Located near Sindhi Society, the project comprises one and two-bedroom apartments and benefits from connectivity to Bandra Kurla Complex (BKC) and other commercial hubs. The structured investment is aligned with the project's construction and completion schedule and is intended to support execution and delivery. Paradigm Realty has completed 13 residential projects over the past 11 years, delivering more than 3.6 million sq ft of real estate. The company currently has six ongoing developments with around 4 million sq ft under construction across Mumbai.Read more

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Frasers Property-led consortium submits highest bid for Singapore’s Bayshore Drive mixed-use site

7 hours ago

A consortium led by Frasers Property and Frasers Centrepoint Trust (FCT) has emerged as the highest bidder for the Bayshore Drive Government Land Sales (GLS) site in Singapore, offering USD 1.64 billion. The consortium, which also includes Sekisui House, Sunway MCL and Lum Chang Building Contractors, submitted a bid 5.8% above the second-highest offer. The mixed-use development is expected to deliver up to 1,280 residential units alongside 22,500 square metres of commercial space, including a retail mall. The partners will execute the project through separate special purpose entities responsible for the residential and commercial components of the development.Read more

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Himachal launches 500-kW solar project in Solan panchayat with revenue-sharing model

8 hours ago

Himachal Pradesh has inaugurated a 500-kilowatt ground-mounted solar power project in Mamlig Gram Panchayat of Solan district under the Green Panchayat scheme. Built at a cost of INR 2 crore, the project is expected to generate around eight lakh units of clean electricity annually. A key feature is its revenue-sharing model, under which earnings will be distributed among the gram panchayat, welfare initiatives, the state government, HIM URJA, and project maintenance. The initiative is aimed at promoting clean energy, strengthening rural finances, and supporting sustainable development across the state.Read more

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Serene Communities enters Mysuru with INR 80 crore senior living project

9 hours ago

Serene Communities by Columbia Pacific, a brand of Lifebridge Group, has entered the Mysuru residential market with the launch of Serene Sagara, an independent senior living community being developed in partnership with local developer Astor. Located in Shyadanahalli, the project is being developed with an investment exceeding INR 80 crore across approximately 2.02 acres and will comprise 112 residences in a Ground plus eight-storey development. The project reflects growing interest in purpose-built senior housing in Tier II cities, supported by improving healthcare infrastructure, changing demographic trends and increasing demand for professionally managed retirement communities.Read more

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CCI approves KKR-led buyout of ST Telemedia Global Data Centres

10 hours ago

The Competition Commission of India (CCI) has approved the KKR-led consortium’s acquisition of 100 per cent of ST Telemedia Global Data Centres (STT GDC), marking a key milestone for one of Southeast Asia’s largest digital infrastructure transactions. The deal, first announced earlier this year, will see KKR become the majority shareholder with a 75 per cent stake, while Singtel will retain 25 per cent. STT GDC, which has a significant presence in India through STT Global Data Centres India, operates across multiple global markets and continues to expand its digital infrastructure footprint.Read more

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NABARD strengthens focus on rural infrastructure and climate-resilient farming in Rajasthan

11 hours ago

NABARD has reaffirmed its commitment to supporting Rajasthan's rural development through infrastructure, agriculture and financial inclusion initiatives. At its Foundation Day event in Jaipur, state officials highlighted the institution's contribution to rural growth and its role in achieving Rajasthan's long-term development goals. The bank also emphasised women-led financial inclusion, support for small and marginal farmers, and climate-resilient agriculture. During the programme, NABARD released publications on its work in the state, honoured key rural institutions and sanctioned grants for projects promoting sustainable farming.Read more

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Navi Mumbai marks ‘Namaste Diwas’ with PPE kit distribution for sanitation workers

12 hours ago

The Navi Mumbai Municipal Corporation (NMMC) observed ‘Namaste Diwas’ by distributing personal protective equipment (PPE) kits to sanitation workers in recognition of their contribution to maintaining the city's cleanliness. Speaking at the event, Mayor Sujata Patil said the initiative provided an opportunity to express gratitude towards sanitation personnel, whose efforts have contributed significantly to Navi Mumbai's ranking among India's cleanest cities. The civic body also organised health check-up camps for sanitation workers across its 26 urban health centres and reaffirmed its commitment to strengthening mechanised sanitation services and worker safety.Read more

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BKC to add 6.5 million sq ft of Grade A office space by 2029

13 hours ago

Mumbai's Bandra Kurla Complex (BKC) is set to enter a new phase of commercial office expansion, with approximately 6.5 million sq ft of Grade A office space expected to be added between 2026 and 2029, according to JLL. The upcoming supply will increase the district's Grade A office stock from 20.4 million sq ft in 2026 to 26.9 million sq ft by 2029. The expansion follows a sustained period of strong occupier demand, during which vacancy levels declined from 17% in 2021 to 5.8% in 2025. Several large commercial developments, including Sumitomo BKC, 12 Pegasus, Prestige 101 Tower X, Alpha and Labdhi BKC Edge, are scheduled for completion over the next four years, supporting BKC's continued position as one of India's leading office markets.Read more

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HCLTech approves INR 3,500 crore investment to build AI data centres in India

14 hours ago

HCL Technologies (HCLTech) has approved an investment of up to INR 3,500 crore to establish AI-focused data centres in India as part of its expansion into the full-stack artificial intelligence market. The company plans to make the investment through newly formed subsidiaries and aims to develop up to 50 MW of AI data centre capacity. The move comes as India's data centre industry continues to expand due to rising AI adoption, data localisation requirements and increasing demand for high-performance computing infrastructure across businesses and government organisations.Read more

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SNN Raj Corp launches lake-facing residential project in South Bengaluru

15 hours ago

SNN Raj Corp has launched SNN Raj Bay Vista, a premium residential project on Kodichikkanahalli Main Road in Bilekahalli, South Bengaluru. Spread across approximately 4.5 acres, the development comprises 234 apartments across three towers, offering two to five-bedroom homes ranging from approximately 1,235 sq ft to 4,719 sq ft. The project introduces a "Work from Nature" concept, integrating outdoor workspaces with landscaped open areas. More than 70% of the project area has been earmarked as open space, alongside over 30 lifestyle amenities. Located within the BTM Layout micro-market, the development offers connectivity to key employment centres including Electronic City, Koramangala and JP Nagar, while benefiting from established social infrastructure and planned transport upgrades in the surrounding area.Read more

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Rezolv targets 5 GW renewable portfolio as Romania’s largest solar park moves towards construction

18 Jul 2026

Rezolv, a renewable energy developer backed by British infrastructure investor Actis, plans to expand its renewable energy portfolio across Central and South-Eastern Europe to between 4 GW and 5 GW by 2030, up from its current pipeline of nearly 2.3 GW. The company is preparing to begin construction later this summer on the 1 GW Dama Solar project in western Romania, expected to become the European Union’s largest solar park upon completion in late 2028. Alongside project development, Rezolv has secured multiple long-term power purchase agreements and government-backed Contracts for Difference support, reflecting its strategy to balance private power sales with public incentives as demand for renewable electricity grows across the region.Read more

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Brickflow adds HBI Capital to lending panel for bridging and development finance

18 Jul 2026

Digital specialist finance marketplace Brickflow has expanded its lender panel by onboarding HBI Capital, providing brokers with direct access to the lender's bridging, development and auction finance products. Through the partnership, brokers can source loans ranging from GBP 100,000 to GBP 2 million, with individually underwritten pricing, same-day decisions in principle and privately funded lending. HBI Capital also offers free in-house valuations on qualifying loans and dual legal representation to streamline transactions. The addition increases the financing options available on Brickflow's platform, which now hosts more than 160 specialist lenders, reinforcing its focus on digitising loan sourcing and improving access to specialist property finance for brokers.Read more

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Himachal secures improved terms for Kishau hydro project ahead of MoU signing

18 Jul 2026

Himachal Pradesh has moved closer to the implementation of the 422 MW Kishau multipurpose hydro project after the state government reviewed the draft Memorandum of Understanding (MoU) circulated by the Centre. The state has said it supports the project while ensuring its rights remain protected. Under the revised understanding, Himachal is expected to earn around INR 600 crore annually without making any financial investment. The government has also secured water rights in the Yamuna basin and said it successfully revised the earlier draft agreement to safeguard the state's long-term interests.Read more

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Nehlia Realtors rebrands as Nehlia Developers to expand into real estate development

18 Jul 2026

Nehlia Realtors has rebranded as Nehlia Developers as part of its transition from a real estate consultancy business to a real estate development company. The company said the move marks the beginning of its expansion into residential development, plotted projects and luxury farmhouse developments. Under the new identity, Nehlia Developers plans to focus on developing residential communities with supporting infrastructure while exploring high-growth locations for future projects. The company also intends to expand its presence in the luxury farmhouse segment, targeting buyers seeking larger residential formats. Led by founder and Chief Executive Officer Ashok Nehlia and Managing Director Om Prakash Nehlia, the company said its future developments will emphasise construction quality, planned infrastructure and sustainability as it broadens its operations in North India's real estate market.Read more

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US Supreme Court justices seek higher security funding amid rise in threats

18 Jul 2026

Two US Supreme Court justices made a rare appearance before Congress to seek increased security funding, citing a sharp rise in threats against members of the judiciary. Justices Amy Coney Barrett and Elena Kagan urged lawmakers to approve a nearly 10% increase in the court's budget, with officials projecting a 38% rise in threats this year after a 25% increase in 2025. Barrett disclosed that she had been issued a bulletproof vest following heightened security concerns and was recently targeted in a "swatting" incident. The hearing also touched on judicial ethics, with Kagan supporting an independent enforcement mechanism for the court's code of conduct, while Barrett expressed reservations about such a proposal.Read more

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India's luxury homebuyers are redefining premium housing through lifestyle, wellness and long-term value

18 Jul 2026

India's luxury residential market is expanding rapidly as rising wealth, improving economic conditions and changing buyer expectations reshape demand for premium housing. Affluent purchasers are increasingly prioritising lifestyle, wellness, sustainability, technology and investment potential over conventional status-driven ownership. Growth in high-net-worth individuals, strong participation from non-resident Indians and sustained demand across cities including Gurugram, Mumbai and Hyderabad have strengthened the segment. Supported by favourable demographics, infrastructure development and increasing investor confidence, luxury housing is emerging as a resilient asset class that combines capital appreciation with long-term wealth preservation.Read more

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Italian court set to deliver verdict in trial over 2018 Genoa bridge collapse that killed 43

18 Jul 2026

A court in Genoa is expected to deliver its verdict in the long-running criminal trial over the collapse of the Morandi motorway bridge in 2018, a disaster that claimed 43 lives and exposed concerns over Italy's ageing transport infrastructure. The proceedings involve 57 defendants, including former executives of motorway operator Autostrade per l'Italia, engineers, and former transport ministry officials, all of whom have denied wrongdoing. Prosecutors have sought prison terms of up to 18-and-a-half years for the most serious charges. The case has become a symbol of accountability for infrastructure failures and the pace of Italy's criminal justice system. Autostrade has apologised for the tragedy and reiterated its commitment to preventing a similar incident in the future.Read more

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Umiya Buildcon reports mixed Q1 FY27 performance as products business drives revenue growth

18 Jul 2026

Umiya Buildcon Limited has reported its financial results for the quarter ended June 2026, with strong growth in its products business offsetting softer performance in its solutions division, while its real estate operations remained broadly stable. The company recorded revenue of INR 435.98 lakh from its real estate segment, up marginally from the corresponding quarter last year. Revenue from the products business rose sharply to INR 900.29 lakh, supported by demand from telecom, enterprise and government customers despite continued global electronics supply chain constraints. The solutions segment posted lower revenue during the quarter. Ongoing real estate developments at Umiya Bricklane and Umiya Prism continued as scheduled, while the company maintained that it remains focused on project execution, indigenous technology development and long-term business growth.Read more

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Infrastructure and office expansion strengthen Mumbai's Eastern Suburbs as an emerging live-work corridor

18 Jul 2026

Mumbai's Eastern Suburbs are witnessing parallel growth in residential and commercial real estate, supported by infrastructure upgrades, decentralised office demand and continued developer investment. Covering micro-markets such as Chembur, Ghatkopar, Vikhroli, Kanjurmarg and Bhandup, the corridor is attracting occupiers seeking alternatives to established business districts including Bandra Kurla Complex (BKC), Lower Parel and Powai. According to CBRE, Mumbai recorded around 9.8 million sq ft of gross office leasing in 2025, while reports by Knight Frank India and ANAROCK indicate sustained residential demand in infrastructure-led suburban markets. Improved connectivity through the Eastern Freeway, Santacruz-Chembur Link Road, Eastern Express Highway, Mumbai Monorail and the upcoming Metro Line 2B is supporting this transition, with developers increasing investments across residential, commercial and mixed-use projects in the region.Read more

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Aditya Birla Group to acquire Spring Energy in USD 1.8 billion renewable energy deal

18 Jul 2026

Aditya Birla Renewables Ltd. (ABReN), a subsidiary of Grasim Industries, has signed a definitive agreement to acquire Spring Energy from Shell in a transaction valued at INR 17,200 crore (approximately USUSD 1.8 billion), marking one of India's largest renewable energy acquisitions. The deal will add around 5 GW of contracted renewable energy capacity to ABReN's portfolio, taking its total capacity to 9.3 GW. The acquisition will be funded through a mix of debt, equity from Grasim Industries and investment from funds managed by Global Infrastructure Partners (BlackRock). Subject to regulatory approvals, the transaction is expected to close before the end of calendar year 2026.Read more

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Climate adaptation policy for national highways moves closer as experts review draft framework

18 Jul 2026

Experts from government agencies, state authorities, academia and the infrastructure sector convened in New Delhi during the past week to review draft policy guidelines aimed at incorporating climate adaptation into the planning, design, construction and maintenance of India's National Highway network. Organised under the HighCAP project by the National Institute of Disaster Management with support from the Ministry of Road Transport and Highways, the workshop examined a policy framework intended to strengthen the resilience of highways against climate-related hazards. The draft is based on vulnerability assessments conducted across 30 study sites spanning nearly 2,000 km of national highways in diverse climatic and geographical regions. Feedback gathered during the consultation will be used to refine the policy before it is submitted for adoption, supporting the development of a safer and more climate-resilient road network.Read more

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Blue Tokai to open café at Vihang Ventura commercial project in Mira Road

18 Jul 2026

Blue Tokai Coffee Roasters will open a new café at Vihang Ventura, a commercial development in Mira Road being developed by Vihang Ahead. The outlet will become the speciality coffee chain's second café in the Mira Road market and is among the anchor retail brands signed for the mixed-use commercial project. Located opposite the Kashigaon Metro Station, Vihang Ventura has been planned as a destination for retail, office space and food and beverage outlets. The addition of Blue Tokai forms part of the developer's retail leasing strategy as it seeks to attract established national brands to the project. Blue Tokai currently operates more than 258 locations across seven Indian cities and said the new outlet reflects its continued expansion into emerging suburban markets with growing residential and commercial activity.Read more

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India tops overseas online interest in Dubai's residential property market

18 Jul 2026

India generated the highest share of international online search traffic for Dubai's residential property market during the past three months, according to data released by UAE-based real estate brokerage fäm Properties. Indian users accounted for 20.59% of overseas search activity, followed by the United Kingdom at 13.26% and Egypt at 12.60%. The analysis, which excludes UAE-based traffic, identifies online search behaviour as an early indicator of international buyer interest rather than confirmed transactions. The United States, Pakistan, Saudi Arabia, Australia, Germany, France and Canada also featured among the top 10 countries, while China and Russia ranked outside the leading positions despite their established presence in Dubai's property market.Read more

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Alliance City Developers targets end-2026 possession for Sea Breeze redevelopment project in Santacruz West

18 Jul 2026

Alliance City Developers Realtors Pvt. Ltd. has announced that its luxury residential redevelopment project, Alliance Sea Breeze, in Santacruz West, Mumbai, has entered the final stage of construction, with possession targeted by the end of 2026. Launched in October 2024, the nine-storey project comprises four-bedroom residences and has been constructed using Mivan (aluminium formwork) technology, a system more commonly adopted in large-scale high-rise developments. Located on East Cross Lane, the redevelopment project offers connectivity to Santacruz railway station, the domestic airport and key commercial and social infrastructure. The developer said the project forms part of its broader redevelopment portfolio across Mumbai. Since its inception in 2010, Alliance City Developers has undertaken 19 redevelopment projects, completed 14 developments and delivered more than 1.2 million sq ft of residential space to over 700 families.Read more

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India's Most Influential Residential Townships

18 Jul 2026

India's urban growth has been shaped not only by expanding cities but also by large residential townships designed as self-contained communities. Developed across thousands of acres, these projects brought together housing, schools, hospitals, workplaces and recreational spaces within a single master plan. Some emerged from industrial needs, while others were created to accommodate rising populations and changing lifestyles. From company towns to modern mixed-use developments, these townships have played an important role in redefining urban living and influencing the country's real estate landscape.Read more

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Mayfair Housing partners with Autodesk to digitise project planning and execution

18 Jul 2026

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma across its development and redevelopment projects, as part of its digital transformation strategy. The cloud-based, AI-enabled platform will strengthen the company's Building Information Modelling (BIM) workflow by supporting data-driven planning, environmental simulations and stakeholder collaboration from the early stages of project development. MicroGenesis has been appointed as the implementation partner for the rollout. The initiative aims to improve project coordination, planning efficiency and decision-making by creating a unified digital ecosystem that integrates design, planning and execution across the project lifecycle.Read more

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Wistron Vietnam unit signs civil engineering contract worth USD 67.47 million for new plants and warehouses

18 Jul 2026

Wistron Corp's Vietnam subsidiary has signed a civil engineering contract valued at 1.7718 trillion Vietnamese dong (around USD 67.47 million) to build new manufacturing plants and warehouses in Vietnam. The investment is part of the Taiwanese electronics manufacturer's ongoing expansion in the country as it strengthens its production base outside China. The project is expected to support Wistron's manufacturing capacity and long-term business growth in Vietnam, which has become an important hub for global electronics and technology companies.Read more

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Wheels India board approves fundraising of up to INR 400 crore through equity and debt securities

18 Jul 2026

Wheels India Ltd has approved a proposal to raise up to INR 400 crore through the issuance of equity shares and other eligible securities in one or more tranches. The Board of Directors cleared the fundraising plan at its meeting held on July 10, authorising a committee to determine the timing, pricing and terms of the issue. The company may raise capital through domestic or international offerings, including qualified institutional placements, preferential allotments, rights issues and private placements. Wheels India reported a net profit of INR 139 crore on revenue of INR 5,124 crore in the previous financial year.Read more

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Delhi NCR and Chennai account for over 45% of industrial and warehousing leasing in H1 2026: Colliers

18 Jul 2026

India's industrial and warehousing sector recorded approximately 21.9 million sq ft of Grade A leasing across the top eight cities during the first half of 2026, reflecting a 12% year-on-year increase, according to Colliers. Delhi NCR and Chennai together contributed more than 45% of the total absorption, while third-party logistics (3PL) companies remained the largest occupier segment, accounting for 30% of leasing activity. Engineering and e-commerce firms also recorded strong demand. New Grade A supply reached 24.7 million sq ft during the period, surpassing leasing activity and resulting in a marginal increase in vacancy levels to 17.2%. Despite global supply chain disruptions during the second quarter, occupier demand remained resilient, supported by domestic manufacturing growth and infrastructure-led development.Read more

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ZTA Group establishes ZTA Infrastructure as flagship company to expand engineering and infrastructure business

18 Jul 2026

ZTA Group has launched ZTA Infrastructure Pvt. Ltd. as its flagship engineering and construction company to lead expansion across residential, commercial and institutional projects, as well as roads, highways and other infrastructure developments. Based in Meerut, Uttar Pradesh, the company has been established as an integrated platform offering engineering, construction, project management consultancy (PMC) and infrastructure execution services. The group said it plans to grow its project portfolio organically before considering the induction of strategic investors as part of its long-term expansion strategy. ZTA Infrastructure also aims to evolve into a professionally managed infrastructure company with the potential for a future public listing. The company cited its revival of The Grande residential project in Meerut, where more than 500 homebuyers have received possession, as an example of its project execution capabilities.Read more

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Navi Mumbai civic chief directs citywide road repairs and infrastructure inspections after heavy rainfall

18 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has instructed its engineering and civic departments to undertake immediate road repairs, inspect all manhole covers and strengthen monsoon preparedness following continuous heavy rainfall recorded during the first week of the month. Municipal Commissioner Dr Kailas Shinde directed officials to prioritise pothole repairs, prevent waterlogging, improve drainage infrastructure, ensure electrical safety, maintain water supply and sewerage systems, and intensify cleanliness drives. The civic body has also asked officials to promote rainwater harvesting and urged residents to adopt preventive measures against waterborne and vector-borne diseases during the monsoon season.Read more

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Urbanrise secures strong channel partner commitments ahead of Chennai residential project launch

Chennai News Desk

18 Jul 2026

Urbanrise has received strong backing from channel partners ahead of the launch of its upcoming residential project in Chennai, with more than 300 partners participating in a two-day pre-launch event. The developer said the project's initial launch inventory is valued at over INR 1,000 crore, while channel partners collectively committed business exceeding three times that value and submitted a significant number of expressions of interest. Participants from Chennai, Bengaluru and Hyderabad attended the event, indicating early market confidence in the development. The project, currently referred to as "Codename: The Next Big Thing", is yet to receive its official name and is expected to be launched in the coming months.Read more

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Amaravati’s HappyNest residential project records 1.5 million safe man-hours without a lost time injury

18 Jul 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has announced that the HappyNest residential project in Amaravati has achieved 1.5 million safe man-hours without recording a Lost Time Injury (LTI). The milestone was achieved through strict safety practices, regular worker training, continuous site monitoring and preventive measures. The project, being executed by NCC Limited, includes 1,200 apartments across 12 residential towers. To mark the achievement, APCRDA organised a recognition programme for workers and project teams, highlighting its continued focus on workplace safety and disciplined project execution.Read more

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Fibromat unit secures INR 140 million road construction subcontract in Sarawak

18 Jul 2026

Fibromat (M) Bhd has secured a new infrastructure project in Sarawak through its wholly owned subsidiary, MTS Fibromat (M) Sdn. Bhd. The company has accepted a road construction subcontract with an estimated value of MYR 140 million, strengthening its order book and providing earnings visibility over the coming years. The project involves the construction of a key access road and related infrastructure in Limbang, Sarawak, and is expected to support regional connectivity and economic development. The contract marks another addition to Fibromat's growing infrastructure portfolio.Read more

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PanIIT Alumni India appoints Dr Amitabh Ranjan as Vice Chairman and Rajeev Singh as General Secretary

18 Jul 2026

PanIIT Alumni India, the apex body representing alumni from all 23 Indian Institutes of Technology (IITs), has elected Dr Amitabh Ranjan as Vice Chairman and Rajeev Singh as General Secretary for the 2026–28 term. The appointments strengthen the organisation's Executive Council, which represents a global network of more than five lakh IIT alumni. Dr Ranjan, currently Registrar at the Indian Institute of Public Administration (IIPA), brings experience in public administration and governance, while Rajeev Singh, Chief General Manager at Engineers India Ltd, has played an active role in PanIIT's initiatives over the years. The organisation said the new leadership will support its focus on alumni engagement, technology, entrepreneurship and public policy.Read more

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Navi Mumbai Municipal Corporation intensifies anti-mosquito drive at 270 construction sites during monsoon

18 Jul 2026

The Navi Mumbai Municipal Corporation (NMMC) has launched a focused drive to prevent mosquito breeding at construction sites across the city during the monsoon, targeting 270 active projects under the jurisdiction of its 26 Urban Primary Health Centres. The campaign includes weekly larvicide spraying, chemical fogging, guppy fish deployment and inspections of labour camps to curb the spread of vector-borne diseases such as dengue and malaria. The civic body said 265 construction sites have already been stocked with guppy fish, while more than 3,500 workers' residential units have been treated over the past three months. The initiative forms part of NMMC's broader public health strategy amid continued residential development and redevelopment activity across Navi Mumbai.Read more

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Masar signs agreements to sell three land plots in Makkah project for SAR 441.1 million

18 Jul 2026

Umm Al Qura for Development and Construction Company (Masar) has signed reservation agreements to sell three land plots within its Masar Destination project in Makkah for a total value of SAR 441.1 million. The agreements are part of the company's ongoing strategy to attract private investment into the mixed-use development. The reservation agreements will remain valid until November 1, 2026, during which the parties are expected to complete the final sale transactions. The latest deal follows a series of land transactions announced by the company in recent months as development activity at the project continues.Read more

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Aura Homes residents seek action over waterlogging and pending amenities in Zirakpur

18 Jul 2026

Residents of Aura Homes in Zirakpur have raised concerns over persistent waterlogging and the non-completion of several promised amenities, alleging that the issues have continued for years despite repeated assurances. Homebuyers claim that critical infrastructure, including the internal drainage system, clubhouse and landscaped park, remains unfinished even after most units in the project were sold. The residents have approached the Punjab Urban Planning Development Authority (PUDA) and local civic authorities, seeking inspections, completion of pending works and action against the developer. The incident has also highlighted the importance of timely project delivery and regulatory compliance in residential developments.Read more

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APCRDA introduces immediate road safety measures to reduce accidents in Amaravati

18 Jul 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has directed officials to implement a series of immediate measures aimed at improving road safety in Amaravati amid ongoing construction activity. APCRDA Commissioner V. Vijaya Ramaraju held a review meeting with traffic police, RTO officials and other departments, issuing instructions to regulate heavy vehicle movement, strengthen traffic enforcement and improve monitoring. The measures include speed control, QR code-based vehicle tracking, deployment of additional traffic personnel, alternative routes for construction vehicles and restrictions on heavy vehicle movement during peak commuting hours.Read more

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