19 minutes ago

Mukand Ltd, part of the Bajaj Group, has signed a term sheet to sell nearly nine acres of land in Kalwa, Thane, to AGP DC Infra Private Ltd for approximately INR 506 crore. The transaction marks another significant land monetisation deal in the Mumbai Metropolitan Region, where industrial land parcels continue to attract strong developer interest. The proposed sale is expected to unlock value from Mukand's non-core assets while providing AGP DC Infra with a strategically located development opportunity.Read more

49 minutes ago

The Uttarakhand High Court has quashed a District Magistrate's order directing the issuance of a fire No Objection Certificate (NOC) to a residential project in Dehradun, ruling that key fire safety concerns required a more thorough examination. The court observed that the appellate authority had not adequately assessed the deficiencies identified by fire officials before granting relief to the developer. It has remanded the matter to the District Magistrate for a fresh decision after hearing all stakeholders, underscoring that fire safety compliance cannot be diluted through procedural oversight.Read more

1 hour ago

• Brigade Hotel Ventures Limited (BHVL) plans to invest around INR 1,100 crore to develop three Hyatt-branded hotels in Chennai, strengthening its hospitality portfolio and expanding its presence in South India's premium hotel market.
• The projects include Grand Hyatt Chennai ECR, Hyatt Regency Chennai and Hyatt Place Chennai OMR, collectively adding nearly 600 keys to the city's hospitality inventory over the next few years.
• Grand Hyatt Chennai ECR, expected to open in 2029, will feature about 200 rooms, multiple dining venues, wellness facilities and extensive MICE infrastructure, targeting business travellers, leisure guests and destination weddings.
• The expansion aligns with BHVL's long-term growth strategy and Hyatt's India expansion plans, reflecting growing demand for premium branded hotels driven by business travel, tourism and large-scale events in Chennai.Read more

1 hour ago

• Amazon Web Services (AWS) has commenced construction of a new data centre campus in Hyderabad as part of its planned USD 21 billion investment in cloud infrastructure across India by 2030.
• The Hyderabad facility will expand AWS's cloud capacity to meet growing demand from enterprises, startups and public sector organisations adopting digital technologies and artificial intelligence.
• The investment is expected to strengthen India's digital infrastructure while supporting economic activity, job creation and technology innovation.
• The new campus forms part of AWS's long-term strategy to expand cloud infrastructure in India and support the country's growing digital economy.Read more

2 hours ago

• The Karnataka government has released a draft Apartment Ownership Bill aimed at replacing the existing legal framework governing apartment ownership and management.
• The proposed legislation seeks to strengthen the rights of apartment owners while introducing greater accountability for developers and resident associations.
• Citizens, housing associations and industry stakeholders have been invited to submit feedback before the Bill is introduced in the State Legislature.
• The government says the legislation is intended to address long-standing issues related to maintenance, common areas, governance and dispute resolution in apartment complexes.Read more

2 hours ago

• The Kazipet Rail Manufacturing Unit in Telangana is nearing completion and will begin manufacturing 200 next-generation intercity trains over the next five years, Union Railway Minister Shri Ashwini Vaishnaw announced.
• The trains are being designed for short-distance travel of around 300 km with frequent stops, offering improved regional connectivity between towns and cities.
• The new fleet will feature modern passenger amenities, energy-efficient technologies and enhanced safety systems to support affordable and sustainable rail transport.
• The manufacturing unit is expected to strengthen India's rolling stock production capacity while supporting the expansion of regional passenger rail services across the country.Read more

3 hours ago

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has introduced new regulations requiring promoters to maintain separate bank accounts for Interest-Free Maintenance Security (IFMS) funds collected from homebuyers. The rules also mandate that the entire maintenance corpus, including accrued interest, be transferred to the Residents' Welfare Association (RWA) or Association of Allottees once it takes over maintenance responsibilities. The move aims to improve financial transparency, protect homebuyers' interests and ensure proper management of maintenance funds.Read more

3 hours ago

SEGRO has strengthened its leasing activity by signing three new agreements covering around 540,000 square feet at SEGRO Park Coventry. The deals include facilities for Volvo Group UK, DIRKS Consumer Logistics and GigaCloud Technology, adding GBP 6 million in annual rental income. The new leases form part of the GBP 53 million in new rent secured by the company during the first half of 2026. The developments will expand the park's occupied space, support logistics operations, create employment opportunities and reinforce SEGRO's industrial and warehousing portfolio across the UK.Read more

4 hours ago

Thousands of documents reportedly linked to the Kudankulam Nuclear Power Plant (KKNPP) have been exposed following an alleged ransomware attack, prompting an investigation by Indian authorities into the cybersecurity incident. The leaked material is said to include technical drawings, contractor records and project-related documents associated with the plant's expansion works. While officials have confirmed that the incident is being examined, the Nuclear Power Corporation of India Limited (NPCIL) has stated that no nuclear safety or security systems have been affected. The breach has renewed attention on the cybersecurity of India's critical infrastructure as the country continues to expand its nuclear power capacity.Read more

4 hours ago

NPCIL and NTPC Ltd's joint venture, Ashvini, is set to invite bids for an Engineering, Procurement and Construction (EPC) contract worth approximately INR 28,000 crore for the nuclear island package of the Mahi Banswara Rajasthan Atomic Power Project. The tender marks a significant milestone in India's nuclear power expansion, with the project expected to strengthen clean energy capacity and support long-term electricity demand. The development also creates substantial opportunities for engineering, construction and infrastructure companies.Read more

5 hours ago

The International Financial Services Centres Authority (IFSCA) has released the report of its Expert Committee on the development of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in GIFT IFSC, outlining a comprehensive roadmap to strengthen the international financial centre as a global platform for real estate and infrastructure financing. The committee, chaired by former SEBI Whole Time Member Ananta Barua, has recommended regulatory, taxation and inter-regulatory reforms, alongside new investment products, to attract long-term domestic and foreign capital. The report also proposes introducing Mortgage REITs, enabling global and mixed REIT structures, improving capital-raising mechanisms, and creating tax parity with SEBI-regulated investment trusts. The recommendations are intended to support India's long-term infrastructure financing needs and expanding real estate sector by encouraging greater participation from global institutional investors.Read more

5 hours ago

Kuwait Business Town Real Estate has renewed its Murabaha financing facility agreement with a foreign bank, maintaining an Islamic financing arrangement worth GBP 30.240 million. The renewal ensures the company continues to have access to Shariah-compliant funding to support its financial requirements. Murabaha financing is widely used in Islamic banking as an alternative to conventional interest-based lending. The company has not disclosed the identity of the lending bank or provided details on the tenure, repayment structure, or intended use of the renewed facility.Read more

6 hours ago

• The Telangana High Court has stayed the Greater Hyderabad Municipal Corporation's (GHMC) proposed demolition action against the BLISS residential project in Somajiguda after the developer challenged a show-cause notice.
• The dispute centres on GHMC's allegation that parts of the project fall within the Full Tank Level (FTL) and buffer zone of Bum-Rukn-ud-Daula Lake, violating planning and environmental norms.
• Pradeep Constructions has argued that the project was undertaken after obtaining the necessary statutory approvals and sought judicial intervention against coercive action.
• The High Court has directed authorities to maintain the status quo until the matter is heard further, with the case expected to shape future enforcement of lake protection regulations in Hyderabad.Read more

6 hours ago

• KEC International has secured new orders worth INR 1,180 crore across its Transmission and Distribution (T&D), Civil and Cables businesses.
• The order book includes the company's first T&D project for a data centre, marking its entry into a new infrastructure segment alongside transmission projects in India and overseas.
• The Civil business has received orders for residential projects from private developers, while the Cables division has won supply contracts in both domestic and international markets.
• The latest contracts strengthen KEC International's order pipeline and reflect continued demand across India's power, urban infrastructure and real estate sectors.Read more

7 hours ago

• The Cabinet Committee on Economic Affairs (CCEA) has approved two railway capacity expansion projects worth approximately INR3,907 crore to strengthen rail infrastructure in Odisha and Jharkhand.
• The approved projects include the doubling of the Paradeep–Haridaspur line and the fourth railway line between Rajkharsawan and Dangoaposi, adding around 145 km to the Indian Railways network.
• The projects will improve connectivity to nearly 1,526 villages with a combined population of around 14 lakh, while boosting freight movement and access to key tourist destinations.
• The capacity enhancement is expected to support an additional 44 million tonnes of freight annually, reduce logistics costs, save fuel and lower carbon emissions, in line with the PM Gati Shakti National Master Plan.Read more

7 hours ago

ACME Solar has secured long-term project financing of INR 2,646.64 crore from state-owned REC Ltd to develop a 450 MW/1,800 MWh Firm and Dispatchable Renewable Energy (FDRE) project. REC will act as the sole lender for the project with a 20-year financing tenure. The project combines solar power, wind energy and Battery Energy Storage Systems (BESS) to provide reliable and dispatchable renewable electricity during periods of peak demand. ACME Solar has also signed a 25-year Power Purchase Agreement (PPA) with SJVN Ltd at a tariff of INR 6.74 per unit. The project forms part of the growing deployment of integrated renewable energy systems designed to improve grid reliability while supporting India's clean energy transition.Read more

8 hours ago

PPI Public Property Invest reported an increase in its key operating metrics during the second quarter of 2026, with rental income, net operating income and profit from property management showing year-on-year growth. Rental income reached SEK 884 million, while net operating income rose to SEK 743 million. Profit from property management also improved to SEK 387 million. However, the company posted a loss after tax of SEK 59 million for the quarter, even as its first-half after-tax profit remained positive at SEK 219 million.Read more

19 Jul 2026

Gujarat Inject (Kerala) Ltd has reported a sharp rise in standalone revenue and profit for the first quarter of FY27 as the company accelerates its transition into the renewable energy sector. Revenue from operations increased more than fourfold year-on-year to INR 12.45 crore, while net profit rose to INR 1.25 crore. The board has also appointed Murli Shivshankaran Nair as Managing Director for a three-year term, subject to shareholder approval, and approved a proposal to rename the company as REGENOVA RENEWTECH LIMITED. The rebranding aligns with the company's growing focus on solar photovoltaic module distribution, clean energy solutions and solar infrastructure projects.Read more

19 Jul 2026

Ireland’s residential property market recorded annual house price inflation of 6.2% in May, unchanged from the previous month and marking the slowest annual growth rate in almost two and a half years, according to Central Statistics Office data released earlier this week. The figures indicate that the pace of price increases has moderated from the 10.1% peak seen in August 2024, although housing values remain substantially higher than a decade ago. Prices are now nearly three times the level recorded at the 2013 trough following Ireland’s major property market crash.Read more

19 Jul 2026

M3M India has entered into a strategic partnership with Zydex Paints to deploy KEIM Regalan, a silicate mineral façade coating manufactured by Germany-based KEIM, across several of its premium residential developments. The collaboration will begin with M3M Golf Hills in Sector 79, Gurugram, where the coating will be applied across the project's exterior façade from July 2026. The agreement has subsequently been extended to include other developments, including The Cullinan, Altitude and Mansion. According to the companies, the partnership is expected to generate approximately INR 100 crore worth of façade painting works over the next three years. The move reflects growing adoption of long-life building materials in India's premium real estate sector, with developers increasingly focusing on durability, lifecycle performance and maintenance efficiency alongside architectural design.Read more

19 Jul 2026

Hyderabad's residential market held steady through the first half of 2026, with home sales inching up 1 percent year-on-year to 19,249 units even as new launches slipped 2 percent, according to Knight Frank India. Property prices rose 7 percent on average, led by Banjara Hills. Meanwhile, the city's office market outperformed, recording its best-ever first-half leasing volume at 7.5 million sq ft, a 29 percent jump, driven largely by Global Capability Centres. Vacancy levels tightened despite fresh supply entering the market.Read more

19 Jul 2026

Sime Darby Property Bhd informed Bursa Malaysia that the Shah Alam High Court has delivered a decision related to a land compensation matter involving one of its units. The court recently set aside a MYR 78.6 million award that had been granted under severance and injurious affection claims. The company disclosed that the decision was issued on July 10, 2026. The matter relates to compensation linked to land acquisition proceedings. Sime Darby Property has not yet provided further financial impact details or additional legal steps following the ruling. The company remains one of Malaysia’s major township and property developers.Read more

19 Jul 2026

The House of Abhinandan Lodha (HoABL) has announced that its 78-acre Nagpur Marina development in South Nagpur has become the first and only project in Central India to qualify as an Alpha Grade Luxury Asset under the assessment framework developed by independent real estate research firm Liases Foras. The research-based framework evaluates luxury developments across five parameters, including brand credibility, location, design, hospitality integration and exclusivity. HoABL said the recognition reflects the project's positioning as an investment-grade luxury development, supported by infrastructure connectivity, managed hospitality services, curated amenities and a limited inventory targeting high-net-worth buyers from India and overseas.Read more

19 Jul 2026

A Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Nigerian Attorney-General and Justice Minister Abubakar Malami after determining that the assets were reasonably suspected to be proceeds of crime. The ruling follows an application by the Economic and Financial Crimes Commission (EFCC), which is prosecuting Malami on money laundering and conspiracy charges involving billions of naira. The forfeited portfolio includes residential, educational and industrial assets located across Nigeria, with the court noting that no successful challenge to the interim forfeiture order was filed within the prescribed period.Read more

19 Jul 2026

AmpereHour Energy has inaugurated a Battery Energy Storage System (BESS) manufacturing and integration facility at Chakan in Pune, marking its expansion from a system integrator into battery energy storage manufacturing. The facility will manufacture and integrate containerised and cabinet-based battery DC-AC blocks for utility-scale and commercial and industrial applications. Designed with a planned manufacturing capacity of 5 GWh, the plant incorporates the company's proprietary ELINA Energy Management System (EMS) and AH-Suite digital quality management platform to support testing, performance validation and product traceability. The investment forms part of the company's localisation strategy under the Make in India initiative and is intended to strengthen domestic battery energy storage manufacturing capabilities as demand for grid-scale storage and renewable energy integration continues to grow across India.Read more

19 Jul 2026

OTU India, owned by Kaamlo Platform Pvt Ltd, plans to accelerate the development of its workforce management platform following a strategic investment from Tally Solutions. The company will use the funding to enhance its flagship OTUHRPLUS platform, expand customer acquisition and strengthen its presence across India over the next 12 to 24 months. OTUHRPLUS digitises employee management processes, including recruitment, attendance, payroll and shift scheduling, with a particular focus on manufacturing and construction businesses. The company expects to achieve operational break-even during the current financial year and is evaluating a Series A funding round to support international expansion. A key element of the partnership is the integration of OTUHRPLUS with TallyPrime to streamline workforce and payroll management.Read more

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

Navi Mumbai News Desk

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

19 Jul 2026

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

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

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

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