7 minutes 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

37 minutes 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

1 hour 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

1 hour 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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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

18 Jul 2026

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