6 minutes ago

• The Maharashtra government has suspended 15 Revenue Department officials, including deputy collectors and tehsildars, over alleged irregularities in land record modifications.
• The action follows an official inquiry that identified suspected misuse of legal provisions governing corrections to land records.
• Authorities have ordered departmental proceedings and directed a broader review of similar cases across the state to detect potential irregularities.
• The government has also indicated that amendments to the Maharashtra Land Revenue Code will be considered to strengthen safeguards against future misuse.Read more

36 minutes ago

KRP Development Holdings Ltd has announced that one of its subsidiaries has entered into an agreement to acquire the entire equity interest in Holly Trent Investment Holdings. The transaction, valued at RMB 23.8 million, was signed recently and marks the company's latest corporate acquisition. The deal will result in the subsidiary taking full ownership of Holly Trent Investment Holdings upon completion, subject to the agreed terms and conditions. The company has not disclosed additional financial or operational details of the acquisition.Read more

1 hour ago

The Maharashtra government is planning to establish an Urban Challenge Fund to strengthen urban infrastructure and improve governance across cities. The proposed initiative aims to help urban local bodies overcome financial and administrative hurdles by encouraging innovative funding models, including municipal bonds and public-private partnerships. The fund is expected to support projects across 22 focus areas such as digital governance, mobility, redevelopment, water supply and sanitation. Maharashtra is targeting projects worth INR 44,800 crore under the initiative with financial support from the Centre, the state and market-based funding.Read more

1 hour ago

• The Enforcement Directorate (ED) has provisionally attached assets worth INR 1,021 crore as part of its money laundering investigation involving the Reliance Anil Ambani Group.
• The attached properties include land parcels, buildings and other immovable assets allegedly linked to entities under investigation.
• The agency's action follows allegations of financial irregularities and diversion of funds connected to loans obtained from financial institutions.
• The provisional attachment has been carried out under the Prevention of Money Laundering Act (PMLA), with the investigation continuing into the alleged transactions and beneficiary entities.Read more

Mumbai News Desk

2 hours ago

• The Brihanmumbai Municipal Corporation (BMC) has set August 31, 2026, as the deadline for completing the Vidyavihar railway flyover, which is expected to improve east-west connectivity in Mumbai's eastern suburbs.
• Around 80% of the project has been completed, with the remaining works including girder installation, deck slab construction, lighting and safety infrastructure.
• The civic body has also directed contractors to accelerate work on the Mankhurd-Maharashtra Nagar flyover, targeting completion by May 2027.
• Both projects are expected to ease traffic congestion, improve connectivity and reduce travel time for daily commuters.Read more

2 hours ago

L&T Finance reported a strong performance for the June quarter, with consolidated net profit rising 29 per cent year-on-year to INR 902 crore. The company also recorded growth in its loan book, retail disbursements and net interest margin, while asset quality continued to improve. Gross Stage 3 assets declined and credit costs reduced due to stronger collections and the use of artificial intelligence-led tools. Unsecured personal loan disbursements more than doubled during the quarter, reflecting robust demand across retail lending segments.Read more

3 hours ago

• A district court in Maharashtra's Washim has ordered the attachment of an NHAI-operated toll plaza after compensation awarded to landowners in an acquisition case remained unpaid.
• The order follows the National Highways Authority of India's alleged failure to comply with revised compensation directions issued by the competent authority.
• The attachment is intended to facilitate recovery of pending dues owed to affected landowners whose property was acquired for a national highway project.
• The case is being viewed as a significant development in the enforcement of land acquisition compensation orders against public infrastructure agencies.Read more

3 hours ago

Institutional investments in India's real estate sector reached a record USD 4.1 billion during the first half of 2026, registering a 58 per cent year-on-year increase, according to Vestian. The growth was supported by stronger participation from both domestic and foreign investors, particularly during the second quarter. Commercial assets continued to attract the largest share of investments due to sustained demand from Global Capability Centres (GCCs), while investors also diversified into other real estate segments. Industry experts believe improving economic conditions and stronger investor confidence are expected to support continued investment activity.Read more

4 hours ago

Puravankara Ltd reported a strong operational performance for the first quarter, with pre-sales increasing 28% year-on-year and customer collections rising 40% compared to the same period last year. Alongside its sales performance, the company entered into an agreement with ICICI Prudential Asset Management Company for the sale of a commercial property. The transaction values the asset at an enterprise value of INR 6.26 billion. The company has continued to focus on improving cash flows through higher collections while monetising select commercial assets to strengthen its business.Read more

4 hours ago

• The West Bengal government has announced a direct land purchase policy under which it will purchase land directly from willing owners and transfer it to industries, replacing the contentious land acquisition model that triggered disputes in Singur and Nandigram.
• The policy will be accompanied by a single-window clearance mechanism for investment proposals of INR 100 crore and above, aimed at simplifying project approvals and improving the state's ease of doing business.
• The government said the initiative seeks to create a transparent and consent-based framework for industrial land procurement while balancing the interests of landowners and investors.
• Industry associations have welcomed the move, stating that the policy could remove a long-standing hurdle to industrial development and strengthen investor confidence in West Bengal's manufacturing ecosystem.Read more

5 hours ago

Uttar Pradesh Chief Minister Yogi Adityanath reviewed the progress of key development projects, law and order arrangements, and preparations for the upcoming Shravan month in Varanasi. He instructed officials to complete ongoing infrastructure works on time while maintaining quality standards. The review covered the ropeway project, Jal Jeevan Mission works, road restoration, traffic management, sanitation, healthcare, security, and civic facilities for devotees. The Chief Minister also stressed better coordination among departments to ensure smooth execution of development works and uninterrupted public services during the religious season.Read more

Mumbai News Desk

5 hours ago

• A Maharashtra government-appointed committee has submitted an interim report recommending the removal of eight religious structures and the relocation or consolidation of three others in Dharavi Sector 1 as part of the Dharavi Redevelopment Project.
• The recommendations are based on the Supreme Court's September 29, 2009 cut-off date for unauthorised religious structures on public land, with post-cut-off structures proposed for removal.
• The committee has identified 590 religious structures across the redevelopment area and has begun a phase-wise review, having conducted 149 hearings involving trusts, community representatives and government officials.
• The report marks an important step in resolving land-use issues for the Dharavi Redevelopment Project while attempting to balance legal requirements, redevelopment objectives and religious sensitivities.Read more

6 hours ago

• AustralianSuper has committed an additional AUD 500 million to the National Investment and Infrastructure Fund (NIIF), increasing its total investment exposure in India to AUD 3.3 billion.
• The announcement was made during Prime Minister Shri Narendra Modi's visit to Australia and underscores the pension fund's long-term confidence in India's infrastructure and growth prospects.
• The fresh capital will be channelled through NIIF-managed infrastructure investment platforms spanning transport, energy, logistics and urban infrastructure.
• The expanded partnership reflects growing institutional interest in India's infrastructure sector and aligns with NIIF's strategy of attracting global long-term capital.Read more

6 hours ago

• Union Road Transport and Highways Minister Nitin Gadkari has said Gujarat's approach to land acquisition could serve as a model for other states undertaking infrastructure projects.
• He credited the state's administrative mechanisms for helping expedite highway development while reducing disputes during land acquisition.
• Gujarat has introduced measures to curb speculative land transactions along proposed highway alignments during the planning stage.
• The minister also reviewed ongoing national highway projects and urged the state to continue accelerating infrastructure development.Read more

7 hours ago

HFCL has secured an export order worth approximately USD 51.98 million (INR 495.8 crore) from an international data centre company to supply optical fibre cable-based connectivity solutions. The contract, awarded through the company's overseas wholly owned material subsidiary, is scheduled for execution by December 2026. The order follows HFCL's recent launch of its OptiQ AI data centre solutions portfolio and comes as the company expands its optical fibre manufacturing capacity. HFCL also reported a record order book of INR 13,483 crore for its Optical Fibre Cable (OFC) business during the previous financial year, reflecting growing demand for fibre connectivity infrastructure.Read more

7 hours ago

Transparency across the real estate sector is essential to attract long-term investment and support sustainable growth, Uttar Pradesh RERA Chairman Sanjay R. Bhoosreddy said while addressing a real estate conference recently. He highlighted the need to balance the interests of homebuyers and developers, increase the supply of affordable housing, and ensure timely project execution. The conference also saw RERA officials from Delhi, Haryana and Punjab discuss stronger enforcement powers, the use of artificial intelligence for project monitoring, and the importance of protecting homebuyers' interests.Read more

8 hours ago

Union Road Transport and Highways Minister Nitin Gadkari has said the government is conducting hydrogen fuel trials on 10 transport routes across India as part of its efforts to promote cleaner mobility. Speaking at the Prawaas 5.0 and Bharat Prawaas Awards in Gandhinagar, he described hydrogen as the future fuel for the transport sector and highlighted ongoing initiatives in alternative fuels, road safety, electric mobility and bus manufacturing. Gadkari also called for higher domestic bus production, lower charging costs for electric vehicles, faster approvals for bus body manufacturers and greater private investment in bus terminals to strengthen India's public transport ecosystem.Read more

8 hours ago

Flipkart has announced plans to further expand its long-term investments in West Bengal by strengthening its supply chain infrastructure, seller ecosystem and skill development initiatives. The Walmart-owned e-commerce company said the state, which houses its largest fulfilment centre in India at Haringhata, will remain a key part of its growth strategy. The company currently operates more than 300 logistics facilities across West Bengal, supports over 120,000 jobs, and has expanded Flipkart Minutes with 90 micro fulfilment centres. It also continues to support MSMEs, artisans, weavers and farmers through its digital marketplace.Read more

9 hours ago

• Phase-I development works in Amaravati are progressing as scheduled and are expected to be completed by 2027, according to Andhra Pradesh Municipal Administration and Urban Development Minister P. Narayana.
• The review covered government complexes, road infrastructure and Land Pooling Scheme (LPS) layouts, with officials reporting that key projects such as MLA quarters have been completed while several other buildings are nearing completion.
• The state government reiterated its commitment to developing Amaravati as Andhra Pradesh's sole capital, dismissing criticism over project delays and maintaining that construction is progressing according to the approved master plan.
• Amaravati's first phase forms part of a broader capital city development programme involving major administrative buildings, transport infrastructure and civic amenities, with the Centre also supporting the project through approved government office infrastructure.Read more

9 hours ago

India's retail inflation moved up to 4.38% in June from 3.93% in May, according to the latest government data. The increase was largely driven by higher food prices, which pushed food inflation to 5.32% during the month. While headline inflation remained within the Reserve Bank of India's prescribed tolerance band, it rose above the central bank's medium-term target of 4%. The latest figures indicate that food prices continue to have a significant influence on overall consumer inflation across the country.Read more

10 hours ago

Uttar Pradesh showcased its infrastructure-led development strategy at the 16th RAHSTA Expo, with senior government officials highlighting plans to expand the state's expressway network, industrial corridors and digital infrastructure. The state currently has 22 expressways at various stages of planning and development, including nine operational, while the Uttar Pradesh State Industrial Development Authority (UPSIDA) is developing an 8,000-acre industrial land pipeline alongside over 5,000 acres of readily allotable land. National Highways Authority of India (NHAI) officials also outlined the country's highway development roadmap for 2026-27, focusing on technology adoption, digital project planning, asset monetisation and the construction of 5,000 km of national highways.Read more

10 hours ago

The Municipal Corporation of Delhi (MCD) has reaffirmed that the remediation of the Okhla and Bhalswa landfill sites remains on schedule for completion by December 2026, while the Ghazipur landfill is targeted for full clearance by December 2027. Delhi Mayor Pravesh Wahi recently reviewed the progress with Union Home Minister Amit Shah, highlighting advances in biomining, waste processing and land reclamation. The civic body has already reclaimed large portions of the Okhla and Bhalswa sites and plans to convert the recovered land into green spaces and public-use areas once the remediation work is completed.Read more

14 Jul 2026

Heavy rainfall has disrupted road connectivity across Uttarakhand, with 120 roads, including three National Highways, remaining closed due to landslides triggered by the ongoing monsoon. Rescue teams evacuated around 100 stranded pilgrims along the Yamunotri National Highway after a section of the road was washed away. Restoration work is underway across affected corridors, although continuous rainfall has slowed operations. State authorities are constructing temporary diversions and bridges where required while maintaining emergency response measures as adverse weather continues to affect transport infrastructure and pilgrimage routes across the Himalayan state.Read more

14 Jul 2026

India is emerging as one of the key beneficiaries of the global shift in manufacturing as companies diversify supply chains beyond China, according to an Assocham study. The report said India's manufacturing growth has improved significantly since the pandemic, supported by policy reforms, rising investor confidence and infrastructure development. It highlighted that the country's manufacturing growth has moved above the global average, placing India in a stronger position to attract investments. The study also stressed the need to further improve logistics, industrial infrastructure and supplier networks to strengthen India's role in global value chains.Read more

Mumbai News Desk

14 Jul 2026

• A Brihanmumbai Municipal Corporation (BMC) committee has approved a proposal to regularise certain residential buildings in Tardeo that have remained without Occupation Certificates (OCs) due to technical and procedural lapses.
• The proposal is expected to benefit residents who have been living in completed buildings for years but have faced difficulties in obtaining civic services, carrying out property transactions and securing financial approvals because of the absence of OCs.
• The measure forms part of Maharashtra's broader initiative to provide a legal pathway for eligible OC-less buildings while holding developers accountable for construction-related violations.
• The proposal will now move through the remaining approval process before implementation, after which eligible housing societies will be able to apply for regularisation under the prescribed framework.Read more

14 Jul 2026

State-owned REC Ltd has signed two Memoranda of Understanding (MoUs) with the Government of Tripura to provide financing of up to INR 15,000 crore for power and renewable energy projects in the state. Signed during the Destination Tripura Business Conclave 2026, the agreements include funding support of up to INR 5,000 crore for renewable energy projects through the Tripura Renewable Energy Development Agency (TREDA) and up to INR 10,000 crore for power infrastructure projects through the Tripura State Electricity Corporation Ltd (TSECL). The partnerships are intended to strengthen the state's electricity network while supporting renewable energy deployment and sustainable infrastructure development.Read more

14 Jul 2026

Singapore's sovereign wealth fund GIC has announced changes to its senior investment leadership team by appointing two new deputy group chief investment officers and naming a new chief investment officer for its Fixed Income & Multi Asset (FIMA) business. The changes expand responsibilities for senior executives across private markets and portfolio management while maintaining the existing reporting structure. Established in 1981, GIC manages Singapore's foreign reserves and has investments across more than 40 countries, covering equities, fixed income, real estate, infrastructure and other asset classes.Read more

14 Jul 2026

• Bihar's Urban Development and Housing Department (UDHD) has sanctioned more than INR 2 crore for a waste management project in Madhubani to strengthen the town's sanitation infrastructure.
• The project will support improvements in waste collection, transportation, processing and scientific disposal of municipal solid waste.
• The initiative forms part of the state's efforts to enhance urban cleanliness and improve municipal waste management systems.
• Officials expect the investment to strengthen civic services while promoting cleaner and more sustainable urban development in Madhubani.Read more

14 Jul 2026

Mumbai Metro One Private Limited (MMOPL), a subsidiary of Reliance Infrastructure, has signed a debt restructuring agreement with National Asset Reconstruction Company Limited (NARCL), reducing its debt by over INR 1,100 crore. The restructuring is expected to lead to the withdrawal of insolvency proceedings against the company. MMOPL, which operates Mumbai Metro Line-1, aims to strengthen its financial position while ensuring uninterrupted metro services. The agreement is valued at INR 2,771.32 crore and marks a key step in resolving the company's long-pending debt obligations.Read more

Mumbai News Desk

14 Jul 2026

Mumbai's long-awaited Dindoshi–Film City flyover is expected to open by September 2026, providing a direct elevated link between the Western Express Highway and Film City Road. The 1.2-km flyover, built at a cost of around INR 100 crore, is expected to significantly reduce congestion at the Dindoshi junction and improve connectivity to Goregaon East, Film City and surrounding areas. Authorities believe the project will ease travel for commuters while strengthening access to key residential and commercial hubs.Read more

Delhi News Desk

14 Jul 2026

Flexible workspace provider Executive Centre India has leased around 1.14 lakh sq ft of premium office space at Worldmark 3 in Delhi's Aerocity from Bharti Real Estate for nine years. The lease, valued at approximately INR 309 crore over its tenure, marks one of the largest flex-space transactions in the National Capital Region this year. The deal reflects sustained demand for premium managed office spaces from enterprises and multinational companies while reinforcing Aerocity's position as a preferred commercial hub.Read more

14 Jul 2026

Swedish Logistic Property (SLP) has extended an existing lease in Linkoping by eight years while also increasing the leased area by approximately 2,600 square metres. The lease will now remain valid until the end of 2037. The expansion is expected to raise the property's annual rental value to around SEK 11.2 million from an additional SEK 2.9 million. SLP will invest about SEK 44 million in the project, with the investment being financed through internal funds, reflecting the company's continued focus on strengthening its logistics property portfolio.Read more

14 Jul 2026

The Supreme Court has expressed serious concern over unauthorised constructions in Delhi-NCR and recent fatal fire incidents in Delhi and Lucknow, directing civic authorities to ensure strict compliance with its earlier orders. During a hearing held earlier this week, the court warned that senior officials of municipal bodies could face personal consequences and contempt proceedings if they failed to act against illegal structures. The bench also ordered immediate action in vulnerable areas, appointed a committee comprising IIT professors and Municipal Corporation of Delhi (MCD) officials to conduct ground surveys, and sought accountability from Gurugram civic authorities over reports of widespread non-compliance with fire safety norms.Read more

14 Jul 2026

• A landslide on the newly opened connecting link between the Mumbai–Nagpur Samruddhi Mahamarg and the Mumbai–Pune Expressway has prompted authorities to initiate a comprehensive safety audit of the ghat section.
• The incident occurred after heavy monsoon rainfall triggered slope instability along the stretch, leading to temporary traffic restrictions while debris was cleared and the affected area stabilised.
• The Maharashtra State Road Development Corporation (MSRDC) has engaged experts to inspect vulnerable slopes, retaining structures and drainage systems to identify potential risks and recommend remedial measures.
• Officials have maintained that the expressway remains operational, with precautionary measures being implemented to ensure commuter safety during the ongoing monsoon season.Read more

14 Jul 2026

Amazon India has partnered with the Telangana government to establish five new Ashray rest centres at high-footfall locations across Hyderabad, taking its total network in the city to 14 centres. Under the agreement, the state government will assist with site identification, approvals and administrative coordination through the Cyberabad Municipal Corporation. The initiative is aimed at improving facilities for delivery drivers. Amazon currently operates more than 100 Ashray centres across 16 Indian cities and plans to expand the network to 250 centres by the end of 2026 as part of its wider investment in workforce welfare.Read more

14 Jul 2026

The Central Bureau of Investigation (CBI) has filed its first chargesheet in connection with the alleged diversion of funds by Reliance Home Finance Limited (RHFL), resulting in losses of more than INR 3,526 crore to a consortium of 10 public sector banks. The chargesheet, filed before a special court in Mumbai, names RHFL and three former senior executives on charges of criminal conspiracy and cheating. The agency alleged that borrowed funds were diverted through intermediary entities to companies within the Reliance ADA Group in violation of lending conditions. The investigation remains ongoing, with the CBI indicating that supplementary chargesheets may be filed after examining the role of additional individuals and entities.Read more

14 Jul 2026

• Keystone Realtors reported pre-sales of INR 617 crore in Q1 FY27, compared with INR 1,068 crore in the corresponding quarter last year, supported by sustained demand across existing projects despite no new launches during the quarter.
• The company achieved collections of INR 599 crore, a 4% year-on-year increase from INR 575 crore, reflecting healthy cash flows from ongoing projects and strengthening its liquidity position.
• During the quarter, Keystone added two new projects with a combined saleable area of 1.98 million sq ft and an estimated gross development value (GDV) of INR 713 crore, while completing one residential project in Juhu.
• The developer expects multiple launches across the Mumbai Metropolitan Region (MMR) in the coming quarters, supported by an upgraded credit rating, a robust launch pipeline and sustained homebuyer demand.Read more

14 Jul 2026

Picton Property has said that the revised proposed acquisition offer from LondonMetric Property and Schroder Real Estate Investment Trust (SREIT) values the company at GBP 397 million, or 77 pence per share. Under the revised proposal, Picton shareholders would receive a combination of LondonMetric and SREIT shares for each Picton share they hold. The latest update follows the consortium's ongoing pursuit of Picton and reflects revised transaction terms as discussions continue. The proposal remains subject to the customary corporate process and shareholder approvals.Read more

14 Jul 2026

• The Himachal Pradesh government has deployed around 15,000 personnel and over 1,600 machines to restore road connectivity disrupted by heavy monsoon rains across the state.
• Restoration efforts are being led by the Public Works Department, with priority being given to national highways, state highways and key district roads affected by landslides and flash floods.
• The government has instructed field officials to expedite clearance operations and ensure essential routes are reopened at the earliest.
• The large-scale deployment comes as persistent rainfall continues to damage transport infrastructure and disrupt connectivity in several districts.Read more

14 Jul 2026

The Nagpur Municipal Corporation (NMC) is considering a 10% increase in property tax despite presenting its 2026–27 budget with a commitment of imposing no new taxes. The proposed revision, expected to generate an additional INR 15.42 crore in annual revenue, has been placed before the standing committee for approval. Civic officials say the move is aimed at strengthening municipal finances and supporting infrastructure and public service expenditure, while the proposal has sparked debate as it appears to contradict the administration's earlier assurance of a "no new tax" budget.Read more

14 Jul 2026

Four residents of West Bengal's Birbhum district have returned to India after spending more than a year in Bangladesh following their alleged wrongful deportation by Delhi Police in 2025. Their return comes after sustained legal intervention and directions from the Supreme Court, which led to verification by Bangladeshi authorities confirming their Indian citizenship. The case has raised fresh concerns over citizenship verification procedures, due process in deportation cases and the need for stronger safeguards to prevent wrongful cross-border expulsions.Read more

14 Jul 2026

KlaraBo reported a 4.7% year-on-year increase in rental income during the second quarter, supported by annual rent revisions and completed apartment refurbishments. The Swedish residential property company posted a net loss as negative unrealised fair value changes on investment properties and derivatives affected earnings. The company also moved ahead with its planned merger with Sveafastigheter after receiving shareholder approval. KlaraBo expects the merger to be completed in September 2026, with anticipated cost and operational synergies of at least SEK 120 million and a conditional extraordinary dividend of SEK 1.40 per share upon completion.Read more

14 Jul 2026

• The Goa government has launched the Mukhya Mantri Janjatiya Mhaje Ghar Yojana to provide financial assistance to Scheduled Tribe (ST) families for purchasing or regularising dwelling houses and land under the existing Mhaje Ghar Yojana.
• Eligible ST beneficiaries with an annual family income of up to INR 5 lakh can receive reimbursement of up to INR 1 lakh, with 100% assistance for pre-1972 properties and 50% assistance for post-1972 properties.
• Applicants must have already obtained purchase or regularisation approval under specified provisions of the Goa land laws and submit supporting documents, including payment receipts, income and ST certificates, house tax receipts and bank details, to claim the benefit.
• The scheme will be implemented for an initial two-year period, with benefits disbursed through direct benefit transfer (DBT) after approval by the Director of Tribal Welfare and oversight by a monitoring committee.Read more

Priyanka Vig

14 Jul 2026

India's hospitality industry has evolved beyond the traditional model of hotel ownership, with a growing preference for operating structures that separate real estate ownership from hotel management. Owned-and-operated hotels, management contracts, franchise agreements and aggregator platforms each play a distinct role in the sector, offering different levels of control, investment and operational responsibility. As hotel brands continue to expand across the country, these business models have become central to attracting investment, supporting faster growth and strengthening the organised hospitality market.Read more

14 Jul 2026

Bollywood actor Salman Khan has sold his apartment in Mumbai's Bandra West for INR 3.50 crore, according to property registration documents. The flat, located in Shiv Asthan Heights, was purchased by the actor in 2014 and has now changed hands after more than a decade. The transaction reflects the continued demand for premium residential properties in Bandra West, one of Mumbai's costliest housing markets. Despite the sale, Salman Khan continues to be associated with Bandra, where his family has lived for decades and where a new residential project is also under development.Read more

14 Jul 2026

• The Maharashtra government has constituted a committee to formulate a rehabilitation plan for eligible slum residents living on mangrove land and other environmentally sensitive areas across the state.
• The panel will undertake surveys, identify eligible beneficiaries and prepare a comprehensive rehabilitation strategy within a stipulated timeframe.
• Families that cannot be rehabilitated at their existing locations will be considered for resettlement through government housing agencies such as MHADA, CIDCO and the Slum Rehabilitation Authority (SRA).
• The initiative seeks to balance environmental conservation with rehabilitation of eligible occupants while enabling the restoration and protection of mangrove ecosystems.Read more

14 Jul 2026

Mumbai's waterfront is undergoing one of its most significant transformations in decades. From the Coastal Road and Atal Setu to the INR 22,672 crore Eastern Waterfront redevelopment programme, major projects are changing how the city uses its coastline. Transport infrastructure, maritime facilities, public promenades and commercial districts are emerging alongside traditional port operations. Together, these initiatives are expanding public access, strengthening connectivity and redefining the role of Mumbai's waterfront in the city's economic and urban development story.Read more

14 Jul 2026

Fastighets Aktiebolaget Trianon reported improved financial performance for the second quarter, with income from property management increasing 18 per cent year-on-year to SEK 67 million. The company also posted higher rental income of SEK 208.4 million, reflecting continued growth in its property portfolio. Net profit for the quarter stood at SEK 31.9 million, while earnings per share reached SEK 0.17. The results indicate steady operational performance supported by stronger rental earnings despite the challenging market environment.Read more

Mumbai News Desk

14 Jul 2026

Jawaharlal Nehru Port Authority (JNPA) has initiated the development of a 62-acre automated empty container yard near Nhava Sheva through a long-term concession with Dubai-based RSA Global. The INR 2,580 crore project, located within the JNPA estate at Uran in Raigad district, aims to modernise empty container handling, reduce road congestion and improve cargo movement at India's largest container port. Designed to handle more than 50,000 TEUs every month, the facility will consolidate storage, maintenance and repair operations while supporting port-led logistics infrastructure. The project is expected to generate around 750 direct and indirect jobs and strengthen freight efficiency across western, northern and central India.Read more

14 Jul 2026

Indian Hotels Company Limited (IHCL), part of the Tata Group, has opened the 154-key Vivanta Gurugram Sector 95A, taking its portfolio in the National Capital Region (NCR) to 18 hotels. The new property strengthens the hospitality company's presence in Gurugram, a key commercial hub witnessing sustained corporate activity and infrastructure development. The opening also expands the footprint of the Vivanta brand in a high-growth market. IHCL currently has a development pipeline of 263 hotels across India and opened 11 new properties during the quarter ended June, reflecting its continued expansion strategy across multiple hospitality segments.Read more