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12 minutes ago
From high-speed rail corridors and international airports to metro expansions and railway upgrades, India is witnessing a period of sustained infrastructure development across multiple sectors. Several flagship projects have reported major construction milestones, received regulatory clearances or moved closer to operational readiness in recent months. Together, these developments reflect the scale of investment being directed towards improving mobility and connectivity across the country, while reshaping the physical networks that link cities, industries and regions.Read more
42 minutes ago
The US House of Representatives has approved a bipartisan housing bill designed to increase the supply of affordable homes and improve access to housing finance, sending the legislation to President Donald Trump for final approval. The measure, which received strong support in both chambers of Congress, seeks to reduce barriers to housing development, streamline regulatory processes, and expand lending opportunities for lower-income buyers. Lawmakers from both parties have described the legislation as a rare example of bipartisan cooperation at a time when housing affordability remains a major concern for millions of Americans.Read more
57 minutes ago
• Logistics major Delhivery has expanded its green mobility initiative by integrating 1,500 electric cargo vehicles into its last-mile delivery operations.
• The electric fleet has been developed in collaboration with Bajaj Auto, marking a push toward cleaner and more efficient urban logistics solutions.
• The move is aimed at reducing carbon emissions, lowering fuel dependency, and improving cost efficiency in high-frequency delivery routes.
• This expansion reflects a broader industry shift toward electrification in e-commerce logistics and sustainable supply chain practices in India.Read more
1 hour ago
• Gurugram’s Rapid Metro recorded around 81 lakh passenger journeys in just five months, signalling a sharp rise in daily dependency on the system.
• The network has witnessed steady double-digit growth in commuter traffic, reflecting stronger adoption of metro-based travel.
• Haryana’s metro operations turned financially positive, posting an operational surplus of about INR 9.1 crore in the same period.
• Improved connectivity, smoother interchanges, and rising road congestion are pushing more commuters toward rapid rail transit.Read more
1 hour ago
Haryana has introduced an upgraded Auto Mutation System and Paperless Registration 2.0, enabling property ownership records to be updated within 24 hours of registration without requiring separate mutation applications. The reform digitally integrates property registration with land records, reducing paperwork, manual intervention and transaction delays. Aimed at improving transparency, curbing fraud and strengthening ease of doing business, the initiative is expected to benefit homebuyers, developers, financial institutions and other stakeholders by ensuring faster, more accurate and secure property ownership transfers across the state.Read more
2 hours ago
London's stock markets saw support from real estate stocks as warehouse landlord Segro rejected a USD 16.6 billion takeover proposal from U.S.-based logistics real estate company Prologis. The move triggered a strong rally in property-related shares, with Segro emerging as the top performer on the FTSE 100. Gains across real estate investment trusts and developers helped lift the FTSE 250 index, while investors also monitored developments in UK politics and expectations around future interest rate decisions. Strong corporate updates from Liontrust, Berkeley Group and Primary Health Properties further supported market sentiment.Read more
2 hours ago
The Adani Group has announced plans to enter the nuclear energy sector through Adani Atomic Energy, targeting 10 GW of nuclear power capacity by 2035. Chairman Gautam Adani said land has already been identified for the venture as the conglomerate seeks to strengthen its position across India’s energy value chain. The announcement forms part of a broader infrastructure and energy expansion strategy that includes thermal, renewable, hydro, gas and transmission assets, alongside significant investments in ports, airports, data centres and logistics infrastructure.Read more
3 hours ago
The National Highways Authority of India has temporarily suspended concessionaire Shivalaya and independent engineer Feedback-Satra JV from future bidding, following the collapse of a 9.4-metre reinforced soil wall at Mylakkadu in Kollam district on 5 December 2025. The wall, part of the Kollam-Kadambattukonam project on NH-66, failed due to inadequate foundation soil strength. NHAI has issued show-cause notices proposing debarment of up to three years for the concessionaire and two years for the independent engineer, alongside monetary penalties, and ordered soil testing at 378 structures across 18 NH-66 projects in Kerala.Read more
3 hours ago
• Central Railway has completed the launch of a 500-tonne steel girder for the reconstruction of the Sion Road Over Bridge.
• The operation marks a critical stage in the CSMT–Kurla fifth and sixth line expansion project aimed at increasing suburban rail capacity.
• The heavy engineering exercise was carried out during a restricted night block between Matunga and Kurla stations.Read more
4 hours ago
• Senior living demand in India is increasingly shifting from traditional retirement and care homes to active ageing communities focused on lifestyle, wellness and independence.
• Experts say today's seniors are healthier, financially independent and looking for social engagement, recreation and better quality of life.
• Developers are responding by creating integrated communities with healthcare access, fitness facilities and community-driven amenities.
• Urban locations are emerging as a preferred choice as seniors want to stay connected to family, healthcare services and city infrastructure.
• The growing elderly population and changing family structures are expected to support long-term growth in the senior living housing segment.Read more
4 hours ago
The Goa Industrial Development Corporation (GIDC) is drafting new building bylaws for industrial estates to improve land utilisation and increase industrial development capacity. The proposed framework will review planning norms such as floor space utilisation, setbacks and construction regulations to enable more efficient use of existing industrial land. The initiative follows recommendations to liberalise industrial building norms and complements ongoing infrastructure upgrades and policy reforms aimed at strengthening Goa’s industrial estates and manufacturing ecosystem.Read more
5 hours ago
The US Supreme Court has ruled in favour of ExxonMobil in a long-running dispute over assets seized by Cuba following the 1959 revolution, making it easier for American companies to seek compensation under the Helms-Burton Act. The court held that Cuban state-owned entities cannot rely on sovereign immunity protections in such cases. The decision removes a major legal hurdle in Exxon's claim, now valued at more than USD 1 billion, and could influence several other lawsuits filed by US companies seeking compensation for property confiscated by the Cuban government decades ago.Read more
5 hours ago
The Slum Rehabilitation Authority (SRA) has proposed cluster redevelopment of three large slum pockets in Mumbai Antop Hill-Wadala, Majaswadi and Behrampada covering hundreds of acres. The initiative aims to enable integrated planning, improve infrastructure and accelerate rehabilitation by bringing fragmented settlements under unified redevelopment schemes. The Antop Hill-Wadala cluster alone spans around 450 acres. Authorities believe the approach will help unlock land potential, provide better housing and create planned urban spaces in some of Mumbai’s most densely populated areas.Read more
6 hours ago
• The BMC is moving ahead with a revised amnesty proposal aimed at providing relief to buildings constructed before November 2016 that lack occupancy certificates.
• The scheme seeks to address long-standing issues faced by residents, including difficulties related to property taxation, utility connections and redevelopment processes.
• State authorities have backed a more practical framework that could allow eligible buildings to regularise certain compliances without undergoing lengthy legal disputes.
• If approved, the initiative could benefit thousands of homeowners across Mumbai living in structures that remain occupied despite pending occupancy certification.Read more
6 hours ago
Construction of the final deck slab on Delhi's Barapullah Phase-III elevated corridor was completed this week, physically joining both ends of the structure across the Yamuna River. The project, approved in 2014 and originally due in 2017, was held up for nearly a decade by land acquisition disputes, environmental clearances and forest department approvals, with its cost revised to around INR 1,635 crore. Once finished, the corridor is intended to give East Delhi a signal-free route towards South Delhi via Sarai Kale Khan. Authorities have indicated a target opening date of 30 June 2026.Read more
7 hours ago
The Gujarat High Court has ruled that municipal authorities cannot cancel property regularisation orders after they have been granted under the Gujarat Regularisation of Unauthorised Development Act (GRUDA). The court held that civic bodies lack the power to review or revoke such approvals once issued. The judgment came while quashing an Ahmedabad Municipal Corporation order that had withdrawn an earlier regularisation granted to unauthorised construction in a commercial building, reinforcing legal certainty for property owners.Read more
7 hours ago
Schroder European Real Estate Investment Trust (REIT) has proposed a managed wind-down of its business and a phased return of capital to shareholders after reporting a decline in net asset value (NAV) and lower earnings for the first half of the year. The company said unrealised losses from property revaluations affected its portfolio value despite maintaining high occupancy levels and strong rent collection. Lease extensions at key assets supported valuations in some markets, while tenant departures at certain properties impacted income and asset values. Subject to shareholder approval, the wind-down process is expected to take two to three years.Read more
8 hours ago
Bihar's rural works department (RWD) has said that more than 3,032 km of rural roads across seven flood-prone districts in north Bihar have been strengthened and surface-renewed ahead of the monsoon. The claim follows flooding in the Mechi river that affected Thakurganj block in Kishanganj district last week, triggered by heavy rainfall in Nepal, which also marginally raised water levels in the Kosi and Gandak rivers. The upgraded districts include Madhubani, West Champaran, East Champaran, Supaul, Purnia, Araria and Kishanganj, all located in Bihar's border and Seemanchal regions.Read more
8 hours ago
UK homebuilder Berkeley Group has called for changes to tax and regulatory policies after reporting a 15% decline in annual pre-tax profit. The company said ongoing economic uncertainty, higher borrowing costs and planning-related challenges are affecting housing delivery, particularly in London, where supply remains significantly below demand. Berkeley maintained its long-term profit outlook despite market pressures and political uncertainty in the UK. The developer also urged policymakers to reduce barriers that delay housing projects and reconsider stamp duty levels to support demand, investment and housing construction across the country.Read more
9 hours ago
The Madras High Court has struck down Section 34-C of the Registration Act introduced by the Tamil Nadu government, holding that registration authorities cannot decide issues relating to property title or refuse registrations on that basis. The court observed that title disputes fall within the jurisdiction of civil courts and directed the registration department to improve encumbrance records. The ruling is expected to bring greater clarity to property transactions and limit the role of registrars to administrative functions.Read more
9 hours ago
Telangana CM A. Revanth Reddy met Railway Minister Ashwini Vaishnaw in New Delhi to discuss funding and execution of Hyderabad Metro Phase-2. Union Minister G. Kishan Reddy and officials reviewed financing structures, Centre-state coordination, and overall project viability. Talks also included SBICAPS advisory participation, faster approvals, and measures to reduce procedural delays. Further discussions at Manohar Lal Khattar’s residence highlighted progress on funding and takeover-related issues. The deliberations also stressed aligning Phase-2 expansion with Hyderabad’s long-term urban mobility and infrastructure development goals and ensuring timely execution.Read more
10 hours ago
Grasim Industries has completed its INR 2,880-crore investment in Aditya Birla Capital through a preferential allotment of equity shares, slightly increasing its stake in the financial services arm. The capital infusion forms part of Aditya Birla Capital’s INR 4,000-crore fundraise aimed at strengthening its balance sheet and supporting future growth. International Finance Corporation (IFC) and group entity Suryaja Investment also participated in the issue, which will be used to augment capital and expand lending operations.Read more
10 hours ago
• Adani Group plans to invest between INR 90,000 crore and INR 1 lakh crore in its airport business over the next five years.
• The announcement coincides with the launch of scheduled commercial flight operations at Mundra Airport in Gujarat.
• Investments will focus on capacity expansion, terminal infrastructure, technology upgrades and the development of airport-linked ecosystems.
• The move reflects growing confidence in India's long-term aviation demand and airport infrastructure sector.Read more
11 hours ago
• An Ahmedabad court has denied bail to the owner of Popular Builders in connection with an ongoing land fraud and forgery case.
• The case involves allegations of irregular land transactions and financial misrepresentation linked to a disputed 1996 land deal.
• The accused, identified as Raman Patel in reports, remains under judicial scrutiny as proceedings in the case continue.
• The ruling reinforces a strict judicial stance on real estate-related fraud cases in Gujarat amid multiple pending appeals.Read more
11 hours ago
The Centre has reaffirmed its commitment to the ambitious Great Nicobar Island development programme, with groundwork for the Galathea Bay transshipment port now expected to begin in 2028. Union Minister Sarbananda Sonowal said the project remains on track despite environmental concerns and legal challenges. Conceived as a strategic maritime hub capable of handling some of the world's largest vessels, the port is expected to strengthen India's position in global shipping routes. The larger Great Nicobar master plan also includes an international airport, power infrastructure and urban development projects aimed at transforming the remote island.Read more
12 hours ago
• A criminal case has been registered after a forged judicial order was allegedly used to halt action against an unauthorised building in Navi Mumbai's Nerul area.
• The suspected fake interim relief was produced before civic authorities to prevent demolition proceedings.
• A Belapur court directed an investigation after discrepancies emerged in the purported order.
• The incident has raised concerns over misuse of judicial documents and attempts to obstruct action against illegal constructions.Read more
25 Jun 2026
• Haryana's Department of Town and Country Planning (DTCP) has initiated blacklisting proceedings against 15 architects for allegedly issuing occupation certificates (OCs) to buildings that did not comply with prescribed norms.
• The action follows inspections that found occupation certificates being granted to incomplete or non-compliant structures in licensed colonies, particularly in Gurugram.
• Authorities are reviewing a large number of OCs issued under the self-certification system and examining the role of empanelled architects.
• Officials have indicated that occupation certificates issued in violation of rules may be cancelled, while further action could be taken against those responsible.
• The move is part of a broader effort to strengthen compliance, accountability and oversight in Haryana's real estate sector.Read more
25 Jun 2026
• The Delhi government has extended the eligibility cut-off for slum rehabilitation from 2015 to January 1, 2025, bringing a significantly larger number of residents under the housing programme.
• The decision is expected to benefit nearly 20 lakh people living in JJ clusters and support the rehabilitation of around 4-5 lakh families.
• The revised provision has been approved under the Delhi Slum and JJ Cluster Rehabilitation and Relocation Policy, 2026.
• Authorities believe the move will help speed up redevelopment projects by reducing disputes over beneficiary eligibility.
• The policy focuses on permanent housing, in-situ redevelopment, and improved civic infrastructure across slum settlements in the national capital.Read more
25 Jun 2026
Reserve Bank of India (RBI) Governor Sanjay Malhotra has inaugurated the new campus of the Centre for Advanced Financial Research and Learning (CAFRAL) in Mumbai. During the event, the Governor highlighted the importance of continuous learning, professional capacity building and research in addressing the evolving needs of the financial sector. CAFRAL, an institution promoted by the RBI, focuses on research in banking, finance and macroeconomics while also providing leadership development and training programmes for senior financial sector professionals. The institution aims to function as a global centre of excellence supporting policy formulation, knowledge creation and capability enhancement across India’s financial ecosystem.Read more
25 Jun 2026
The Himachal Pradesh government has sanctioned INR 137.4 crore for upgrading the Chail Chowk–Janjehli road in Mandi district. The project aims to improve connectivity across the Seraj region, facilitate tourism, and strengthen access to remote villages. The investment is expected to enhance road safety and support local economic activity, particularly in agriculture and hospitality.For many hill communities in Himachal Pradesh, roads are more than just transport corridors they are vital links to markets, healthcare and livelihoods.Read more
25 Jun 2026
Primary Health Properties (PHP) is in advanced discussions with an investor regarding a potential joint venture involving its private hospital assets in the UK. The healthcare-focused real estate investment trust (REIT) said the talks are ongoing and there is no certainty that a transaction will be completed or what terms it may involve. The move is part of PHP’s broader effort to unlock long-term value from its private hospital portfolio. The company, which completed its merger with Assura in 2025, currently manages a property portfolio worth around GBP 6 billion across the UK and Ireland.Read more
25 Jun 2026
CIDCO has transferred Kharghar, Taloja Panchanand and Pendhar railway stations in Navi Mumbai to Central Railway, which will now oversee their operations, maintenance and passenger services. The stations are part of the Belapur–Uran suburban rail corridor developed to improve connectivity across the city’s growing residential and commercial areas. The handover integrates the facilities into Central Railway’s operational network and marks a key step in the transition of transport infrastructure developed by CIDCO to long-term railway management.Read more
25 Jun 2026
• Pune Municipal Corporation (PMC) has approved the process to prepare a new Development Plan (DP) for 23 villages merged into the city limits.
• The move follows the Maharashtra government's decision to appoint PMC as the sole planning authority for these areas, replacing the earlier dual-authority system.
• The fresh plan will focus on road networks, public amenities, infrastructure, land use, and future urban development.
• Residents of the merged villages have long sought a structured planning framework to address civic and infrastructure gaps.
• The proposed DP is expected to provide greater clarity on development permissions and support planned growth in Pune's expanding suburbs.Read more
25 Jun 2026
The Maharashtra government has approved Navi Mumbai Metro Line 2, an 8.15-km corridor connecting Taloja and Khandeshwar, with a budget allocation of INR 5,575 crore. Proposed by CIDCO in 2011, the line will serve key nodes including Kamothe, Kalamboli and Taloja through eight stations. The corridor is expected to improve internal connectivity across Navi Mumbai and strengthen links with major transport infrastructure, including the upcoming Navi Mumbai International Airport, as the city expands its metro network.Read more
25 Jun 2026
India’s major listed real estate developers recorded strong sales momentum during FY26, with combined sales bookings reaching nearly INR 1.95 lakh crore, reflecting a 17% year-on-year increase. The growth was driven by sustained housing demand, rising property prices and strong traction in the premium and luxury housing segments. Godrej Properties retained its position as the country’s largest listed developer by sales bookings, while Prestige Estates moved to the second spot. The top five listed developers together accounted for nearly 60% of total pre-sales, highlighting the growing dominance of established brands in India’s housing market.Read more
25 Jun 2026
Chinese property developer Shimao Group has confirmed that lenders have taken control of its Sheraton and Four Points by Sheraton hotels near Hong Kong International Airport and have initiated a sale process for the assets. The move comes after the company completed a USD 11.5 billion offshore debt restructuring last year. Receivers appointed by lenders have engaged Savills to conduct a tender sale, which is expected to conclude by the end of August. Sources said the hotels are being marketed for at least HKD 3 billion against an outstanding loan of nearly HKD 5 billion tied to the properties.Read more
25 Jun 2026
More than a month after Western Railway’s demolition drive at Garib Nagar in Bandra East, around 100 families eligible for rehabilitation are still awaiting details of their resettlement. The clearance operation removed nearly 500 unauthorised structures from railway land near Bandra station, while eligible households were protected under court directions. Despite a Bombay High Court order recognising their rehabilitation rights, residents say no timeline or relocation plan has been communicated. The issue has gained urgency as monsoon conditions worsen across Mumbai.Read more
25 Jun 2026
Maha Mumbai Metro has strengthened its monsoon preparedness measures by deploying additional standby trains across all metro corridors in the Mumbai Metropolitan Region. The move comes as passenger footfall continues to rise and stations experience heavier crowds during the rainy season. The reserve trains will be activated immediately whenever required to manage demand and maintain service continuity. Metro authorities said the additional services can be introduced not only during peak travel periods but also at any time of the day depending on passenger volumes and operational requirements.Read more
25 Jun 2026
IHG Hotels & Resorts plans to more than triple its presence in India over the next five years, backed by a pipeline of 80 hotels and sustained signing momentum. The company views India as one of its most important growth markets, supported by rising travel demand, favourable demographics and increasing owner interest in branded hospitality assets. Alongside expanding established brands, IHG is introducing new offerings across luxury, premium and midscale segments. The strategy reflects growing confidence in India's hospitality sector and the country's emergence as a key destination for domestic and international travel.Read more
25 Jun 2026
The Brihanmumbai Municipal Corporation (BMC) has removed illegal commercial structures and footpath encroachments in Andheri West as part of its ongoing anti-encroachment campaign. The K West Ward demolished nine unauthorised shops, including structures on Veera Desai Road and Fun Republic Road, and removed additional sheds and staircases occupying public footpaths. Supported by local police and multiple civic departments, the drive aimed to restore pedestrian access and reclaim public spaces. The action forms part of wider enforcement efforts being undertaken across Mumbai.Read more
25 Jun 2026
• Andhra Pradesh is planning affordable rental housing projects near major industrial clusters to provide workers with housing closer to their workplaces.
• The initiative aims to improve living conditions for industrial workers, reduce daily travel, and support the state's expanding manufacturing sector.
• The government is exploring a dedicated rental housing model that can address accommodation shortages in industrial regions.
• The move is expected to strengthen industrial infrastructure, improve workforce availability, and support future investments across the state.Read more
25 Jun 2026
Public Storage has announced its entry into the Canadian market through the acquisition of Public Storage Canada in a stock-and-cash transaction valued at approximately USD 1.2 billion. The deal brings together two businesses operating under the same brand but managed separately for years. The acquisition follows the company's recent agreement to acquire National Storage Affiliates and reflects a broader consolidation trend across the self-storage industry. The transaction will strengthen Public Storage's North American presence while providing access to a growing Canadian self-storage market. The deal is expected to be completed in the second half of 2026.Read more
25 Jun 2026
• Delhi's PWD has launched a city-wide pothole repair drive ahead of the monsoon to improve road safety and traffic flow.
• Multiple teams have been deployed to identify and repair damaged stretches on major roads across the capital.
• Officials say thousands of potholes have already been fixed as part of a broader pre-monsoon infrastructure preparedness campaign.
• The initiative also aims to reduce traffic disruptions, vehicle damage and commuter inconvenience during the rainy season.Read more
25 Jun 2026
Manglam Group has announced plans to invest around INR 350 crore in a new hospitality project in Jaipur, strengthening its presence in the city's growing hotel market. The company has partnered with Marriott International to bring the Sheraton brand to the project, which will be developed on the Jaipur–Ajmer highway. Spread across more than 3 lakh sq ft, the hotel will feature 220 rooms. The development reflects continued investor interest in Jaipur’s hospitality sector, driven by tourism growth, business travel, and rising demand for branded hotel properties.Read more
25 Jun 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a training programme on climate change and sustainable urban development for officials, consultants and project stakeholders involved in the development of Amaravati. Organised by the Environmental and Social Management Unit (ESMU) in collaboration with the Project Grievance Management Cell (PgMC) Capacity Building Team, the session focused on climate-resilient infrastructure, environmental sustainability and long-term development planning. Experts highlighted global climate challenges, Andhra Pradesh's sustainability initiatives and the state's commitment to achieving Net Zero emissions by 2070 while promoting environmentally responsible growth in Amaravati.Read more
25 Jun 2026
National Healthcare Properties Inc. has announced the final results of its self-tender offers for its Series A and Series B preferred stock. The company disclosed the outcome after the completion of the tender process, under which eligible shareholders were given an opportunity to tender their preferred shares back to the company. Self-tender offers are typically undertaken to manage capital structure, improve financial flexibility, or address outstanding preferred equity obligations. The announcement marks the conclusion of the tender process and provides clarity to preferred shareholders regarding the acceptance of shares under the offers.Read more
25 Jun 2026
The Union Ministry of Environment, Forest and Climate Change has reconstituted Chandigarh’s State Environment Impact Assessment Authority (SEIAA) and State Expert Appraisal Committee (SEAC), appointing new members to oversee environmental clearances for major real estate, infrastructure and civic projects. Retired IFS officer Suresh Kumar Vashishth will head the SEIAA, while former Punjab Pollution Control Board chairman Ravindra Singh will lead the SEAC. The revamped panels are expected to strengthen project appraisal and facilitate timely environmental clearances in the Union Territory.Read more
25 Jun 2026
• A major landslide along the Shillong-Dawki highway has disrupted vehicular movement on one of Meghalaya’s key road corridors connecting Shillong with Dawki near the India-Bangladesh border.
• The collapse occurred following heavy rainfall, leading to road damage and forcing authorities to restrict traffic movement through the affected stretch.
• Restoration work has been initiated by state agencies, with machinery deployed to clear debris and stabilise vulnerable sections of the hillside.
• The disruption has affected local commuters, commercial transport and tourist traffic, particularly during the ongoing monsoon season when the route witnesses significant movement.Read more
25 Jun 2026
• National real estate developers have increased their share of NCR's housing supply from 3% in 2022 to over 13% by the end of 2025.
• More than 15,000 housing units have been launched by national developers across NCR since 2022, led by Godrej Properties, Prestige Estates and Sobha.
• Gurugram remains the biggest growth market, attracting nearly half of all launches by national developers.
• Rising demand for branded housing, stronger buyer confidence and large infrastructure projects are driving this expansion.
• The trend is reshaping NCR's residential market, which was traditionally dominated by regional developers.Read more
25 Jun 2026
The National Highways Authority of India (NHAI) has signed a memorandum of understanding with the National Council of Applied Economic Research (NCAER) to establish India’s first permanent and independent research centre dedicated to the economics of transportation, mobility and logistics. The centre will undertake applied economic research to support policy formulation, infrastructure planning and investment decisions in the road transport sector. Areas of focus will include national highway economics, freight logistics, tolling policies, asset monetisation, road safety and technology adoption. The initiative will be guided by an advisory committee comprising economists, transport specialists, policy experts and academicians, with funding support from NHAI and additional contributions expected from partner institutions.Read more