23 minutes ago

The National Housing Bank (NHB) is examining alleged loan classification lapses at Aavas Financiers following an inspection that reportedly flagged irregularities involving loans worth around INR 400-500 crore. The regulator has sought clarifications from the housing finance company, while Aavas has maintained that the observations relate to differing interpretations and are not expected to materially impact its financial position. The development triggered a decline in the company's share price amid concerns over asset quality and regulatory compliance in the housing finance sector.Read more

53 minutes ago

The state government is advancing plans to develop six textile parks aimed at strengthening the textile and apparel value chain and attracting large-scale investments. The proposed parks are expected to provide integrated infrastructure for spinning, weaving, processing, garment manufacturing and allied activities. Authorities believe the initiative will boost industrial development, generate employment opportunities and enhance the state's competitiveness in textile manufacturing. The parks are also expected to support exports, improve logistics efficiency and create a comprehensive ecosystem for domestic and international investorsRead more

1 hour ago

Resonia, the power transmission infrastructure business that emerged from Sterlite Power, has secured a transmission project in Telangana from Power Finance Corporation. The project is aimed at improving transmission connectivity between Andhra Pradesh and Telangana while supporting the integration of renewable energy from the Kurnool Renewable Energy Zone. The development includes a new 765/400 kV Doma substation, expansion of the Kurnool-IV pooling station, and associated transmission infrastructure. The project is expected to enhance grid flexibility, improve power evacuation capacity, and support the growing renewable energy network in southern India.Read more

1 hour ago

• Bihar has reported the construction of more than 41 lakh permanent houses for economically weaker families under government-supported housing programmes.
• The achievement has been attributed largely to the implementation of the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), aimed at replacing temporary dwellings with durable homes.
• State officials say the initiative has improved living conditions, strengthened rural infrastructure and expanded access to basic amenities for beneficiary households.
• The large-scale housing push has also generated rural employment opportunities through construction activity and related supply chains.
• The scheme’s focus on direct benefit delivery has helped improve transparency and reduce delays in fund disbursement to eligible beneficiaries.Read more

2 hours ago

Social Housing REIT has officially rebranded as Living REIT, with the name change taking effect on June 19. The company is scheduled to begin trading under its new name on the London Stock Exchange from June 23 and plans to change its ticker symbol from SOHO to LIVE after July 8. The move marks a corporate identity update for the UK-listed real estate investment trust, which has earlier focused on social and supported housing assets. The company has not announced any changes to its business operations, investment strategy, or portfolio as part of the rebranding.Read more

2 hours ago

• NHAI's highway monetisation programme could receive a major boost as policymakers revisit the Build-Operate-Transfer (BOT) model for upcoming road projects.
• Increased private-sector participation through BOT projects may contribute an additional INR 20,000 crore to monetisation receipts beyond existing projections.
• The strategy is expected to strengthen infrastructure financing while creating a sustainable pipeline for future highway development and asset recycling.Read more

3 hours ago

National Capital Region Transport Corporation Ltd (NCRTC) has floated a tender for construction of a skywalk with travelators at the Anand Vihar multimodal hub, connecting Anand Vihar Railway Station to ISBT Kaushambi. The project includes integrated access to the Delhi-Meerut Namo Bharat corridor, DMRC Line 3 and Line 4, and a foot-over-bridge linking the Namo Bharat and DMRC stations at Anand Vihar. The contract, bearing bid security of INR 71,11,854, carries a 15-month completion period. Bids must be submitted online by 13 July 2026, with technical bids opening the following day.Read more

3 hours ago

The Government of Odisha has introduced a Standard Operating Procedure (SOP) for apartment registration to streamline and bring greater transparency to property transactions across the state. The SOP categorises registrations into pre-RERA resale units, first sale of unsold pre-RERA apartments, and post-RERA projects, each with defined documentation and verification requirements. Aligned with the Odisha Apartment (Ownership and Management) Act, 2023 and the Real Estate (Regulation and Development) Act, 2016, the move aims to reduce procedural delays, minimise disputes, and create a more predictable registration framework for homebuyers, promoters, and authorities.Read more

4 hours ago

• India added 2.7 GW of rooftop solar capacity in the first quarter of 2026, marking a 125% year-on-year increase driven largely by residential installations.
• Maharashtra and Uttar Pradesh emerged as the leading contributors, supported by rising consumer adoption and policy-backed solar initiatives.
• The strong growth helped India achieve record solar additions during the quarter, highlighting the growing role of distributed renewable energy in the country's clean energy transition.Read more

4 hours ago

India’s office Real Estate Investment Trust (REIT) penetration is projected to rise significantly, potentially reaching 30% by 2030, according to recent industry reports. The growth is expected to be driven by increasing institutional participation, expansion of Grade-A office assets, and rising investor confidence in structured real estate investment vehicles. Broader REIT and InvIT markets in India are also likely to attract substantial inflows, estimated at around INR 11.6 lakh crore by 2030. The trend reflects the deepening maturity of India’s commercial real estate investment ecosystem. The growth in REIT penetration is also being supported by strong performance and steady rental income from listed office REITs, which have improved investor confidence in the segment. India’s expanding base of global capability centres (GCCs) and continued demand for Grade-A office space in major cities are expected to further strengthen occupancy levels and support REIT expansion.Read more

5 hours ago

Ambuja Cements has entered into a partnership with UK-based clean technology company Leilac to assess carbon capture and hybrid electrification technology at its Sanghipuram cement plant in Gujarat's Kutch district. The initiative is part of the company's long-term decarbonisation strategy and supports its net-zero emissions target for 2050. The project aims to reduce carbon emissions, lower fuel consumption and increase the use of renewable electricity in cement manufacturing. If the technology proves successful, the facility could be expanded significantly, potentially becoming one of the world's largest industrial-scale carbon capture projects.Read more

5 hours ago

• Uttar Pradesh RERA has introduced new compliance requirements for registered real estate agents.
• Agents will now be required to submit details of transactions handled by them every quarter through the authority's portal.
• The regulator has also prescribed record-keeping norms and penalties for delays in filing reports.
• The changes are aimed at improving transparency and strengthening oversight of brokerage activities in the state's real estate sector.Read more

6 hours ago

The World Bank has approved a loan of INR 4,000 crore for Haryana’s ‘Jal Sanrakshit Haryana’ programme, a large-scale water conservation and irrigation modernisation initiative with a total project cost of INR 5,714 crore. Scheduled for implementation between 2026 and 2032, the programme will cover 15 clusters spanning 48.94 lakh acres across the state. The project includes rehabilitation of canals and water channels, groundwater recharge measures, micro-irrigation upgrades, reuse of treated wastewater and reclamation of waterlogged land. It also proposes crop diversification and the promotion of water-efficient farming practices. Haryana Chief Minister Nayab Singh Saini has directed departments to prepare a comprehensive water management framework, while village-level committees will be established to support implementation and maintenance of water infrastructure across rural areas.Read more

6 hours ago

Authorities in Gurugram have stepped up enforcement action against unauthorised constructions in DLF Phase III, sealing 181 paying guest (PG) rooms and 29 commercial units over three days. The Department of Town and Country Planning (DTCP) also demolished illegal structures, including a 45-room PG facility, and identified a 128-room unauthorised accommodation block during the drive. Officials said the action targets properties operating in violation of approved building plans and land-use norms, with further enforcement measures expected in the area.Read more

23 Jun 2026

• Residents of Shahu Nagar in Dharavi have sought a stay on eviction notices issued as part of the Dharavi Redevelopment Project, citing concerns over rehabilitation arrangements.
• Residents have demanded written assurances regarding permanent housing, rehabilitation timelines and relocation terms before vacating their homes.
• Civic authorities and project officials have stated that relocation is necessary for redevelopment work and have offered transit accommodation and rental assistance.
• The issue has triggered discussions between residents, public representatives and authorities as concerns over housing security and rehabilitation continue to dominate the redevelopment process.Read more

23 Jun 2026

Union Finance Minister Nirmala Sitharaman has inaugurated Northeast India’s largest organic spice processing unit at Bhoirymbong in Meghalaya’s Ri-Bhoi district. Developed by the Eastern Ri-Bhoi Organic Farmer Producer Company, the 10,000-tonne facility is expected to benefit around 5,500 farmers by providing processing, packaging and marketing support for organic spices. The project forms part of broader efforts to strengthen value addition, boost exports and create sustainable livelihoods through the region’s growing organic agriculture ecosystem.Read more

23 Jun 2026

Mumbai’s Tree Authority has approved the removal of 1,080 trees for three infrastructure and redevelopment projects, including MMRDA’s Chedda Nagar–Anand Nagar elevated corridor, MHADA’s Motilal Nagar redevelopment and a redevelopment scheme in Bandra. Of the affected trees, several will be transplanted while others will be felled based on project requirements. The approvals follow site inspections and technical reviews, allowing transport and urban renewal projects to move forward across key suburban locations.Read more

23 Jun 2026

• The Centre has introduced a temporary compensation mechanism to offset the impact of rising fuel, material and logistics costs on National Highway projects.
• EPC and HAM contractors will receive faster and more frequent payments to improve cash flow and project execution.
• Price adjustment calculations will be linked to more recent market data, allowing compensation to better reflect prevailing costs.
• The measures aim to prevent project disruptions, support developers and maintain momentum in India's highway infrastructure programme.Read more

23 Jun 2026

The United States has completed its largest clean energy infrastructure project with the commissioning of the USD 11 billion SunZia wind and transmission project spanning New Mexico and Arizona. Developed over nearly 18 years, the project combines a 3,650-megawatt wind farm with a 550-mile transmission line capable of supplying electricity to around one million homes. The project comes at a time when renewable energy developers are facing a more challenging permitting environment in the country. Industry leaders and policymakers have highlighted SunZia as an example of the need for faster approval processes to support rising electricity demand and future economic growth.Read more

23 Jun 2026

Mumbai is progressing the construction of a six-lane cable-stayed bridge at Dadar to replace the nearly 100-year-old Tilak Bridge. The INR 375 crore project, being executed by BMC and MRIDC, will provide a higher-capacity east-west road connection across railway tracks in central Mumbai. Developed in phases to maintain traffic movement, the twin-bridge structure is designed to address structural concerns and improve corridor capacity. The project forms part of Mumbai’s broader programme to modernise ageing transport infrastructure.Read more

23 Jun 2026

The Nashik Municipal Corporation Commissioner has presented a budget estimate of INR 3,099.85 crore for the financial year 2026-27, prepared under Section 95 of the Maharashtra Municipal Corporation Act. The budget, which follows a revised estimate of INR 3,629.48 crore for 2025-26 under the Commissioner's office, allocates INR 736.96 crore towards capital expenditure, with the largest share nearly half earmarked for construction, electrical, garden, and other capital works. The remaining capital outlay covers town planning, government scheme contributions, corporator development funds, and water supply and sewerage projects.Read more

23 Jun 2026

Air India Express is set to commence international operations from Navi Mumbai International Airport (NMIA) with a direct service to Abu Dhabi, marking a significant milestone for the airport's expansion into overseas connectivity. Bookings for the new route are expected to open shortly, ahead of the flight's scheduled launch on July 15. The service will become the first international flight to operate from NMIA since the greenfield airport began domestic operations late last year. The development forms part of the broader expansion of aviation infrastructure in the Mumbai Metropolitan Region and is expected to strengthen connectivity between western India and the United Arab Emirates, one of the country's busiest international travel corridors.Read more

23 Jun 2026

IHG Hotels & Resorts has expanded its presence in India by signing a management agreement with Embrassio Hotels & Resorts, the hospitality arm of Vrindara Group, to develop a Holiday Inn hotel in Mathura, Uttar Pradesh. The property is expected to open in early 2030 with 115 rooms and suites. Separately, Air India and Booking.com have entered into a partnership to provide integrated travel booking services, allowing customers to book accommodation through Air India's platforms while accessing exclusive rewards and benefits.Read more

23 Jun 2026

Waymo, the self-driving vehicle division of Alphabet, has recalled nearly 3,900 robotaxis across the United States after identifying a software issue that could allow vehicles to enter closed freeway construction zones. The recall follows multiple incidents in California and Arizona where autonomous vehicles failed to recognize ramp closure signs and proceeded into active work areas. The company has already updated its software and temporarily restricted freeway operations while implementing improvements. The development comes shortly after another recall linked to flooded-road navigation and amid ongoing regulatory scrutiny of Waymo's autonomous driving technology.Read more

23 Jun 2026

The Maharashtra government has initiated a statewide exercise to correct and standardise leasehold land records, directing district collectors to complete the process within three months. The move follows concerns over discrepancies in revenue records that have led to unauthorised property transactions and legal disputes. Revenue Minister Chandrashekhar Bawankule has issued a circular mandating the identification of leasehold plots and correction of entries in land records. The exercise is aimed at improving transparency, strengthening regulatory oversight and ensuring that leasehold properties are transferred only after obtaining the required permissions.Read more

23 Jun 2026

The National Highways Authority of India (NHAI) has launched Rajasthan's first Multi-Lane Free Flow (MLFF) tolling system at the Daulatpura Toll Plaza on the Delhi–Jaipur section of National Highway-48. The technology-driven system enables barrier-free toll collection through Automatic Number Plate Recognition (ANPR) and FASTag-based electronic tolling, allowing vehicles to pass without stopping. The initiative forms part of NHAI's broader effort to modernise toll collection, reduce congestion and improve travel efficiency on key highway corridors. Following the implementation at Daulatpura, NHAI is also planning to convert the Shahjahanpur and Manoharpur toll plazas on the Delhi–Jaipur route to the MLFF system, creating a seamless tolling experience along one of northern India's busiest highway stretches.Read more

23 Jun 2026

The Punjab government has launched a large-scale enforcement drive to recover outstanding Value Added Tax (VAT) and Goods and Services Tax (GST) dues by auctioning properties belonging to chronic tax defaulters. The Department of Excise and Taxation has already completed major auctions in Mohali and Jalandhar, generating recoveries from firms that failed to settle liabilities despite repeated notices and opportunities under the state’s One Time Settlement (OTS) Scheme. Finance Minister Harpal Singh Cheema said nearly 20 additional property auctions have been scheduled across Punjab in the coming weeks. The government has simultaneously extended the OTS Scheme until July 31, 2026, providing taxpayers another opportunity to clear legacy dues. The initiative forms part of a broader revenue recovery programme aimed at strengthening tax compliance and securing pending government revenues.Read more

23 Jun 2026

• Five people lost their lives and 18 others were injured after a portion of an under-construction temple structure collapsed in Yashwadi village of Maharashtra’s Parbhani district.
• The incident occurred when the roof of the sabha mandap, or assembly hall, under construction at a Hanuman temple caved in during the afternoon.
• Rescue teams, local authorities and villagers launched immediate relief operations to evacuate those trapped beneath the debris.
• The state administration has initiated an investigation into the cause of the collapse, while treatment is being provided to the injured at nearby hospitals.Read more

23 Jun 2026

Prestige Estates Projects is preparing to launch two residential developments in Delhi-NCR during FY27, with an estimated revenue potential of INR 6,800 crore. The Bengaluru-based developer plans to introduce one project each in Noida and Gurugram, adding nearly 8 million sq ft of developable area to its portfolio in the region. The planned launches follow the strong performance of Prestige City Indirapuram, the company’s first housing project in NCR, which generated more than INR 9,500 crore in pre-sales within its first year. The developer recorded around INR 10,000 crore in sales bookings from the NCR market during FY26 and remains optimistic about demand in the region. Across India, Prestige has a launch pipeline valued at approximately INR 58,000 crore for the current fiscal year, subject to regulatory approvals.Read more

23 Jun 2026

PPHE Hotel Group has said that a potential takeover approach from Fattal Hotel Group can no longer move forward after its largest shareholder, Euro Plaza Holdings, opposed the proposal. The development effectively blocks the possibility of a deal, given Euro Plaza’s significant influence in the company. PPHE, which owns and operates hotels across Europe under brands including Park Plaza and art’otel, indicated that the indicative approach was no longer deliverable. The announcement brings uncertainty to any near-term acquisition plans involving the hospitality real estate company.Read more

23 Jun 2026

The Union government has approved the Angamaly–Aroor bypass project in Kerala, a major highway initiative aimed at reducing congestion on the heavily used NH-544 and NH-66 corridors around Kochi. The greenfield bypass, expected to span about 50 km following its extension to Aroor, will provide a direct route for long-distance traffic travelling between northern and southern Kerala without entering the city’s congested urban stretches. The project will connect Angamaly with the under-construction Aroor–Thuravoor elevated highway and is being aligned with the PM Gati Shakti National Master Plan. The approval marks a significant step in advancing a long-pending infrastructure proposal intended to improve regional connectivity, streamline freight movement and support future traffic growth across central Kerala.Read more

Priyanka Vig

23 Jun 2026

India's hospitality industry is far larger than a single market-size figure suggests. Depending on the scope of measurement, estimates range from USD 24 billion for the organised hotel sector to over USD 281 billion for the broader hospitality ecosystem. This article explores how the industry is structured, where growth is coming from, and why investors remain optimistic about its future. From branded hotels and booking channels to revenue models and development pipelines, the sector reflects a market that is expanding rapidly while still remaining significantly underpenetrated compared to global benchmarks.Read more

23 Jun 2026

• The BMC has instructed engineers to repair potholes within 24 hours of receiving complaints during the monsoon season.
• Round-the-clock monitoring and faster response mechanisms have been put in place to minimise disruptions to traffic and public safety.
• Officials have been asked to identify vulnerable road stretches and carry out preventive maintenance to avoid severe damage.
• The move comes as Mumbai braces for increased rainfall and the annual challenge of deteriorating road conditions.Read more

23 Jun 2026

The wealth division of Morningstar has entered into a partnership with major asset managers including Apollo Global Management, Franklin Templeton, and J.P. Morgan Asset Management to create investment portfolios that combine exposure to both public and private markets for retail investors. The strategy aims to widen access to private credit and real estate through interval funds. The launch is planned for later this year, with allocations in private assets expected to form a smaller but structured portion of diversified models.Read more

Lucknow News Desk

23 Jun 2026

• A major fire broke out in a three-storey commercial building in the Aliganj area of Lucknow, Uttar Pradesh, resulting in at least 15 deaths and several injuries.
• Most of the victims were students and trainees associated with an animation and coaching centre operating inside the premises.
• The blaze is believed to have originated in the building and spread rapidly, trapping occupants inside and triggering panic evacuation attempts.
• Preliminary accounts suggest issues related to building usage and fire safety compliance may become part of the investigation into the incident.Read more

Mumbai News Desk

23 Jun 2026

The Mira-Bhayander flyover, which became the subject of public debate earlier this year over its four-lane-to-two-lane configuration, has now been opened to traffic after months of delay. The flyover, part of the Metro Line 9 double-decker corridor, was inaugurated by local political representatives and made operational for motorists. While concerns had earlier been raised about potential traffic bottlenecks and commuter safety, the Mumbai Metropolitan Region Development Authority (MMRDA) has maintained that the design follows approved plans and is linked to existing land constraints, with provisions for future expansion once additional land becomes available.Read more

23 Jun 2026

GeeCee Ventures Ltd has made an investment of INR 9.9 million in GMR Power and Urban Infra, according to a company disclosure. The investment reflects the company's continued deployment of capital into listed businesses as part of its broader investment strategy. GeeCee Ventures, which has interests across real estate, financial investments and related sectors, regularly manages a portfolio of equity investments alongside its core operations. The latest investment in GMR Power and Urban Infra adds to its investment holdings and comes at a time when infrastructure and urban development-linked companies continue to attract investor attention.Read more

23 Jun 2026

A total of 322 beneficiaries in Jamshedpur have received keys to newly constructed homes under the Pradhan Mantri Awas Yojana (Urban) as part of the Birsanagar Affordable Housing Project. The handover took place in the past week, with Jharkhand’s Urban Development and Housing Department overseeing the initiative. The project comprises 644 housing units developed across two residential blocks, with the first batch of allottees taking possession of their homes. The scheme is aimed at providing formal housing to economically weaker sections and low-income households in the city. The development forms part of the Centre’s PMAY (Urban) programme, which seeks to expand affordable housing availability through government-supported residential projects across urban India.Read more

23 Jun 2026

India offers a wide range of landscapes and cultural settings that resemble popular global destinations. From snow-covered mountains and colonial streets to beaches, hills, and valleys, many locations across the country provide travel experiences similar to places like Switzerland, France, New Zealand, and the Maldives. These destinations combine familiar international-style scenery with their own local identity, making them attractive options for domestic travel.Read more

23 Jun 2026

Swedish real estate company Logistea has expanded its logistics portfolio with the acquisition of an airside logistics property in Turku, Finland. The asset has an underlying property value of SEK 114 million and generates annual rental income of approximately SEK 10.6 million. Global logistics companies FedEx and DHL account for around 90% of the property's rental income, providing a strong tenant base. The acquisition aligns with Logistea's strategy of strengthening its presence in the Nordic logistics real estate market through assets backed by long-term demand from major logistics and distribution operators.Read more

23 Jun 2026

The Amaravati Development Corporation (ADC) has commenced the development of a Central Nursery spread across 18 acres in Amaravati to support large-scale roadside plantation across the capital city. Located at the junction of the N-10 Seed Access Road (E-03) between Lingayapalem and Uddhandarayunipale villages, the nursery will serve as the primary stock point for saplings required for avenue plantation along nearly 700 km of roads. The project aims to improve greenery, provide shade, and enhance the urban environment as infrastructure development progresses across the capital region.Read more

23 Jun 2026

Mahindra Lifespace Developers has acquired a 15-acre land parcel in Kandivali East, Mumbai, through a competitive bidding process to develop a residential project with an estimated revenue potential of INR 5,600 crore. The proposed development is expected to have a total development potential of around 1.8 million sq ft. While the company did not disclose the acquisition cost, the transaction marks another addition to its Mumbai development pipeline. The acquisition aligns with Mahindra Lifespaces' strategy of expanding its residential portfolio across key urban markets. The company currently has a development footprint of 53.65 million sq ft across completed, ongoing and upcoming residential projects in seven cities and manages more than 5,000 acres of integrated developments and industrial clusters.Read more

Goa News Desk

23 Jun 2026

• The Goa government is set to introduce the ‘Mhajo Flat’ scheme within the next 15 days to help apartment owners secure legal rights over their properties and common areas.
• The initiative is aimed at resolving long-pending issues arising from incomplete conveyance of land and buildings by developers to housing societies.
• The scheme is expected to benefit thousands of flat owners facing difficulties in establishing ownership of shared spaces and underlying land parcels.
• The move forms part of the state's wider efforts to streamline housing-related matters and provide greater legal clarity to residential property owners.Read more

23 Jun 2026

Saudi Aramco is evaluating the sale of stakes in several infrastructure assets as part of a broader effort to raise substantial capital and support Saudi Arabia’s economic diversification plans. Among the assets under review are sulphur storage and export facilities, oil export terminals, real estate holdings, water infrastructure and power assets. Sources indicated that the potential fundraising pipeline could be worth around USD 50 billion. The move comes as Aramco continues to seek operational efficiencies, lower costs and attract external investment while advancing major projects such as the USD 100 billion Jafurah gas development.Read more

23 Jun 2026

• The Adani Group has expressed interest in participating in multiple infrastructure projects in West Bengal, including a proposed tunnel beneath the Hooghly River.
• The group is also evaluating opportunities in power transmission, distribution and other infrastructure sectors in the state.
• The discussions emerged during recent engagements between state government officials and Adani Group representatives.
• The potential investments form part of West Bengal’s efforts to attract private sector participation in large-scale infrastructure development.Read more

23 Jun 2026

Apac Realty Ltd has informed investors that the lawsuit filed against its subsidiary, ERA Realty Network Pte. Ltd., has been withdrawn by the claimants. The company stated that the legal action has been discontinued, bringing the matter to a close. While limited details regarding the nature of the dispute were disclosed, the update removes an ongoing legal overhang for the real estate services group. Apac Realty, which operates one of Singapore’s largest real estate agency networks through ERA, continues to focus on its core brokerage and property-related businesses.Read more

23 Jun 2026

• Bharat Buildcon 2026 was inaugurated at Yashobhoomi Convention Centre, New Delhi, bringing together stakeholders from the construction and building materials sectors.
• The event attracted over 25,000 visitors on its opening day, facilitating industry networking and business engagement.
• Participants from more than 90 countries and 100 Indian cities are showcasing products and innovations across multiple construction-related segments.
• Government and industry leaders highlighted the importance of trade, manufacturing and quality-driven growth in strengthening the sector.Read more

23 Jun 2026

Embassy Office Parks REIT is set to raise INR 7 billion through the issuance of three-year bonds, according to bankers involved in the transaction. The real estate investment trust has fixed the coupon at 7.49%, payable quarterly, and has invited commitment bids for the proposed issue on June 22. The bonds have been assigned AAA ratings by CRISIL and CARE Ratings, reflecting the highest level of credit quality. The planned fundraising comes amid continued activity in India’s corporate debt market, where issuers across real estate, infrastructure, renewable energy and utilities sectors are tapping institutional investors for capital. Other borrowers preparing bond issuances in the coming days include IREDA and Torrent Power.Read more

23 Jun 2026

More than 100 acres of land were voluntarily offered by farmers from four villages for the development of Amaravati under the land pooling scheme. Farmers from Thullur, Rayapudi, Lingayapalem and Velagapudi submitted consent documents to the Andhra Pradesh Capital Region Development Authority (APCRDA), expressing support for the capital city's development. The landowners said they were pleased to contribute to the project and encouraged other farmers in capital region villages to participate in the pooling process. The latest contribution adds to the ongoing land aggregation efforts aimed at advancing infrastructure and urban development in Amaravati.Read more

23 Jun 2026

• HUDCO has signed a Memorandum of Understanding with the Gujarat government to explore infrastructure financing opportunities worth up to INR 1 lakh crore over the coming years.
• The partnership will support projects across urban development, housing, water supply, transport networks and other public infrastructure sectors.
• The agreement aims to strengthen access to long-term funding for large-scale development initiatives across the state.
• The collaboration reflects Gujarat's continued focus on infrastructure-led growth while expanding the role of institutional finance in project execution.Read more