41 minutes ago

The Finance Minister highlighted that under the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, the Committee of Creditors (CoC) in real estate insolvency cases can invite land authorities to provide inputs on land and regulatory matters. The law also sets stricter timelines for case admission and resolution plan approvals before tribunals. Of the 565 cases admitted so far, 111 affecting roughly 162,320 homebuyers have been resolved. Another 210 cases are under resolution, with 87 plans awaiting tribunal approval, while some cases are in liquidation or withdrawn.Read more

05 Apr 2026

The Association of Senior Living India (ASLI) has appointed Rajagopal G as its chairman for the 2026-2028 term, succeeding Rajit Mehta. A co-founder and group CEO of Lifebridge Group, Rajagopal brings over three decades of experience in senior living and geriatric care. His appointment comes at a time when India's senior housing and care segment is expanding in response to demographic shifts. ASLI, established in 2011, represents a broad ecosystem of developers, healthcare providers, and service operators, and plays a role in policy advocacy and standardisation. The leadership transition is expected to focus on strengthening regulatory frameworks, improving care standards, and supporting the growth of the senior living sector within India's evolving real estate and healthcare landscape.Read more

Noida News Desk

05 Apr 2026

Noida's stamp and registration department has reported its highest revenue in a decade, collecting approximately INR 4,498.7 crore in the financial year ending recently, achieving 87% of its INR 5,180 crore target. The increase was supported by a series of state government incentives, including stamp duty rebates for women, reduced charges on rental agreements, and concessional rates for intra-family property transfers. However, total property registrations declined to around 1.6 lakh units from 1.7 lakh in the previous year. The data indicates a divergence between revenue growth and transaction volumes, with a higher share of registrations occurring under concessional categories and larger-value properties contributing to overall collections.Read more

05 Apr 2026

The Bhubaneswar Development Authority (BDA) has entered into an agreement with Singapore-based consultancy Surbana Jurong to prepare a comprehensive master plan for an 800-acre New City project on the outskirts of Bhubaneswar. The proposed development, spread across Gothapatna, Malipada, and Daspur, is planned as a transit-oriented, mixed-use urban hub aligned with Odisha's long-term development vision. The project, with an approved outlay of approximately INR 8,179 crore, aims to accommodate urban expansion, provide affordable housing across income groups, and integrate commercial, residential, and institutional zones. The plan will incorporate sustainable infrastructure, public transport systems, and economic clusters to guide structured growth and reduce unplanned urban sprawl in the capital region.Read more

05 Apr 2026

UK-based construction materials supplier BRCK Group has rejected a takeover proposal from US private equity firm Atlas Holdings, triggering a sharp rise in its share price. The non-binding offer of 65 pence per share valued the company at approximately GBP 209.4 million (around USD 276 million). BRCK's board unanimously declined the proposal, stating that it did not adequately reflect the company's value. Following the announcement, the company's shares rose by over 24%, despite remaining lower on a year-to-date basis amid broader weakness in the UK construction sector. Under takeover regulations, Atlas has until later this month to either formalise a revised offer or withdraw its interest.Read more

05 Apr 2026

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has acquired a 100% stake in out-of-home (OOH) advertising firm Skyiwave for INR 3 crore through a cash transaction. The acquisition, completed in recent days, brings Skyiwave under AAHL as a wholly owned subsidiary and a step-down arm of Adani Enterprises. Incorporated in 2016, Skyiwave operates in hoardings and media solutions, with a turnover of INR 16.51 lakh in FY25. The move is aimed at strengthening non-aeronautical revenue streams by enabling the management and expansion of advertising assets across Adani's airport network. The transaction does not involve related parties and did not require regulatory approvals.Read more

05 Apr 2026

Ranchi Municipal Corporation has recorded its highest-ever tax collection of about INR 108 crore, showing a steady rise in revenue performance. The growth has been driven by better compliance, digital payment systems, and stricter recovery from defaulters. Collections came from holding tax, water charges, and trade licence fees. Over the past few years, the civic body has focused on improving its financial systems and expanding the tax base. The higher revenue is expected to support infrastructure works and improve delivery of basic civic services across the city.Read more

05 Apr 2026

Toll charges on the Dwarka Expressway have been revised from the start of the new financial year, increasing travel costs for commuters using the Delhi Gurugram corridor. The revision, implemented by the National Highways Authority of India (NHAI) at the Bijwasan toll plaza, forms part of the annual toll adjustment exercise across national highways. The increase is expected to have a direct impact on cab fares, given the limited availability of public transport along the expressway. The corridor, which connects key residential and commercial zones, already operates under an integrated tolling system, and the revised rates are likely to raise daily commuting expenses, particularly for frequent users without monthly or annual passes.Read more

05 Apr 2026

Navi Mumbai Municipal Corporation (NMMC) has presented its INR 6,704.43 crore budget for the financial year 2026-27 before the general body, with provisions for civic infrastructure, public services, and urban development projects. The budget, tabled in the past week by Standing Committee Chairman Ashok Patil to Mayor Sujata Patil, includes an opening balance of INR 1,265.83 crore and projected expenditure of INR 6,689.43 crore, leaving a closing balance of INR 15 crore. The revised estimate for FY26 stands at INR 5,830.82 crore. The civic body has scheduled a general body discussion on the budget in early April, alongside transport and tree authority allocations, as part of its annual financial planning exercise.Read more

05 Apr 2026

Construction has begun on the Crowne Plaza 5-Star Hotel in Amaravati, marking a key step in expanding the city's hospitality infrastructure. Developed by Indrayal Hotels Private Limited and consortium, the hotel will be built on four acres in Shakamuru, featuring 200 rooms and an investment of around INR 300 crore. The project is expected to provide jobs for 500 people. The move reflects APCRDA's ongoing strategy of allocating land and ensuring timely project execution, contributing to the balanced and inclusive development of Amaravati as a modern, well-planned capital city.Read more

05 Apr 2026

Casagrand has commenced construction of its residential project Casagrand Mandarin in Miyapur, Hyderabad, introducing what it describes as the city's first UPARTMENT concept. The development spans 8 acres and will comprise 334 units of 3 and 4 BHK homes, designed with a focus on higher carpet efficiency and low-density planning. The project includes 5.7 acres of open space, a 41,000 sq ft clubhouse and multiple lifestyle amenities. Located in a key residential corridor with proximity to IT hubs and metro connectivity, the project is positioned to cater to evolving urban housing preferences centred on space, functionality and end-use demand in Hyderabad's western suburbs.Read more

05 Apr 2026

The Navi Mumbai Municipal Corporation (NMMC) has achieved its highest-ever annual property tax collection, recording INR 876 crore in the financial year ending recently. The performance surpasses all previous yearly collections since the civic body's formation and has been attributed to a structured recovery drive, digital payment systems, and an amnesty scheme implemented during the closing weeks of the financial year. Over 2.25 lakh property owners contributed to the collections, with nearly 61% opting for online payments. Nerul ward recorded the highest contribution at over INR 182 crore. The initiative reflects improved taxpayer participation, data-driven enforcement, and expanded outreach through digital communication and extended payment facilities.Read more

05 Apr 2026

The Swarajya residential project in Dombivli, developed by Bhagwati Group and Haware Properties and marketed by The Guardians Real Estate Advisory, has recorded over 500 bookings and INR 171 crore in sales within four days of launch. The project received 1,053 expressions of interest in the four weeks prior, translating into 531 bookings from 1,233 walk-ins, reflecting a 47% conversion rate. Launched around Chhatrapati Shivaji Maharaj Jayanti, the project's positioning focused on cultural alignment with the local buyer base. It forms part of the My First Home initiative, which has previously delivered strong sales in Kalyan and Shil Phata. The response highlights sustained demand for affordable housing in emerging micro-markets within the Mumbai Metropolitan Region.Read more

05 Apr 2026

Haworth India organised a series of women's leadership roundtables in Bengaluru and Hyderabad as part of its Give to Gain initiative, engaging senior professionals from architecture, corporate real estate and project management sectors. The discussions, held as moderated panels, focused on the role of workplace design, mentorship and inclusive policies in improving organisational performance. The initiative, conducted across five cities including Delhi, Mumbai and Chennai, aimed to position inclusion as a business driver rather than a social objective. Participants highlighted the importance of structured support systems, leadership culture and adaptive workplaces in enabling women's participation and leadership across different stages of their careers.Read more

05 Apr 2026

KSH Distriparks has inaugurated Pune's first dedicated empty container yard, a 15-acre facility located near the Mumbai-Pune Expressway, aimed at improving container availability in a key manufacturing and export corridor. The yard is designed to handle up to 100,000 TEUs annually and offers integrated services including storage, repair, washing and vehicle pre-delivery inspection (PDI). The development addresses a long-standing infrastructure gap in the Chakan Talegaon belt, where rising industrial and export activity had led to operational inefficiencies. The facility is expected to streamline container turnaround times and strengthen logistics support for exporters, shipping lines and industrial operators in the region.Read more

05 Apr 2026

A strategic partnership has been signed between the Mumbai Metropolitan Region Development Authority (MMRDA), the Maharashtra government, and the Government of Moscow to strengthen urban development cooperation. The agreement focuses on infrastructure, innovation, tourism, healthcare, and skill development. It aims to bring global expertise to the Mumbai Metropolitan Region (MMR) and support its growth as a major economic hub. With MMR already contributing around 5-6% to India's GDP and targeting USD 300 billion economic output by 2030, the collaboration is expected to support long-term planning, improve infrastructure delivery, and enhance overall urban living standards.Read more

Delhi News Desk

05 Apr 2026

The Delhi government has approved a INR 626.8 crore road strengthening and repair programme to be executed by the Public Works Department (PWD) across major corridors in east, south, and north Delhi. Announced in the past week, the initiative targets heavily used arterial and feeder roads, with funds distributed region-wise to address traffic load and deteriorating road conditions. Key stretches identified for upgrades include West End Marg, Mandi Road, and Barapullah Elevated Road. The works will involve resurfacing, structural strengthening, and maintenance interventions aimed at improving ride quality and extending road life. Bids for the projects have already been invited, indicating the start of implementation in the new financial year.Read more

Gurugram News Desk

05 Apr 2026

The Municipal Corporation of Gurugram (MCG) has enforced stricter recovery measures for pending civic dues, introducing an 18% annual interest on unpaid property tax and additional surcharges on overdue water bills from the start of the new financial year. Residents were required to clear outstanding payments by the end of the previous financial cycle to avoid penalties. The move forms part of the civic body's broader strategy to strengthen revenue collection, with a property tax target of INR 325 crore for the current fiscal, marking an 18% increase over the previous year's projections. Authorities have also expanded enforcement and digital tracking measures, including artificial intelligence-led identification of defaulters.Read more

05 Apr 2026

The development of a modern astronomy and science education centre in Amaravati has moved forward with the signing of a land lease agreement between the Andhra Pradesh Capital Region Development Authority and the Indian Institute of Astrophysics. The project, named COSMOS-2, will be developed on 5 acres in Anantavaram and will include a planetarium, research labs, and public science exhibits. The initiative builds on a previously signed MoU and aims to strengthen scientific learning, research opportunities, and educational infrastructure in the state, positioning Amaravati as an emerging hub for space and astrophysics studies.Read more

05 Apr 2026

The Jaipur Municipal Corporation (JMC) initiated enforcement action against prominent hotel properties over unpaid urban development (UD) tax, leading to swift compliance from operators. Properties linked to Hotel Marriott near Jawahar Circle and Hotel Ramada in Raja Park were sealed due to outstanding dues of approximately INR 5 crore and INR 1 crore, respectively. The liabilities had remained unpaid since 2007 despite repeated notices. Within hours of the sealing action, both hotel managements cleared their dues, resulting in the reopening of the affected premises. The move forms part of a broader municipal drive to strengthen tax recovery and ensure compliance among commercial establishments across Jaipur.Read more

05 Apr 2026

Avenue Supermarts Limited has opened a DMart store at Omaxe Connaught Place in Beta II, Greater Noida, expanding its presence in the National Capital Region with its largest outlet in the region. The store spans over 50,000 sq ft on a single floor and marks DMart's first entry into Greater Noida. The development, which has a total retail footprint of around 12 lakh sq ft, gains a daily-needs anchor aimed at increasing regular footfall. The addition aligns with rising demand for organised retail in emerging urban clusters, supported by residential growth and improving connectivity. It also reflects the relatively low penetration of organised retail in India, estimated at under 15%.Read more

05 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) is planning to impose parking restrictions in narrow lanes across Mumbai to address obstruction faced by emergency services. The move, under consideration in the past week, targets densely populated localities such as Kalbadevi, Girgaon, and Byculla, where illegal and haphazard parking has been delaying fire engines and ambulances. Authorities are evaluating measures including odd-even parking and no-parking zones in highly congested stretches. Industry stakeholders have highlighted that the issue reflects a broader infrastructure gap, calling for integration of structured and technology-driven parking solutions in urban planning. The development comes amid increasing vehicle ownership and limited availability of organised parking infrastructure in older parts of the city.Read more

Mumbai News Desk

05 Apr 2026

Mumbai's civic body reported its highest-ever property tax collection for FY 2025-26, reaching INR 7,610.9 crore and surpassing its revised target. Andheri East's K-East ward emerged as the top contributor, followed by key commercial and residential hubs like Lower Parel and Andheri West. Western suburbs continued to dominate collections, while a strong push in enforcement, digital payments, and recovery drives supported the overall performance. A significant share also came from penalties and last-day payments, showing improved compliance but also dependence on delayed settlements.Read more

05 Apr 2026

NAREDCO Maharashtra NextGen will host Excelerate 2026, a one-day international conclave in Mumbai aimed at examining investment, financing and capital trends in India's real estate sector. Scheduled to be held at Trident Hotel, the event will bring together developers, institutional investors, policymakers and financial institutions. The conclave comes amid rising investor participation, with institutional inflows increasing significantly in recent years and foreign capital accounting for a growing share. Discussions will focus on private equity, family offices, REITs and emerging asset classes, reflecting the sector's evolving capital structure and the increasing role of organised funding channels in supporting real estate development.Read more

05 Apr 2026

The Union government has approved a INR 438.29 crore project to redevelop Berth No. 9 at New Mangalore Port in Karnataka, aimed at enhancing liquid bulk cargo handling capacity. Cleared in the past week, the project will be implemented under a public-private partnership (PPP) model with a 30-year concession period, including a two-year construction phase. The upgrade will increase capacity to 10.9 million tonnes per annum (MTPA) and allow handling of large vessels, including Very Large Gas Carriers. The redevelopment involves dismantling ageing infrastructure and introducing mechanised systems and modern safety features. The initiative is part of broader efforts to strengthen maritime logistics, improve energy cargo handling, and enhance port efficiency along India's western coast.Read more

05 Apr 2026

The Belagavi City Corporation has increased property tax rates for the current financial year, with a 3% rise for residential properties and 4% for commercial, industrial units and vacant plots. The move is expected to generate an additional INR 2-3 crore, taking total collections beyond INR 100 crore. A 5% rebate continues for early payments to encourage timely compliance. The revision comes amid ongoing issues such as unassessed properties, tax leakages estimated at INR 8-10 crore, and pending dues, highlighting the need for better enforcement and improved assessment systems.Read more

05 Apr 2026

The Prime Minister's Office (PMO) has raised concerns over deficiencies in dust control and waste management measures in Delhi, directing civic and infrastructure agencies to address gaps or face action. The issue was reviewed at a high-level meeting of the Implementation Committee for Control of Air Pollution, where shortcomings in road dust management, construction waste removal, and grievance redressal systems were highlighted. Agencies including the Municipal Corporation of Delhi (MCD) and Delhi Metro Rail Corporation (DMRC) were instructed to strengthen enforcement and submit action taken reports. The review also flagged operational constraints such as limited mechanised sweeping and inefficiencies in complaint handling systems, indicating increased oversight of urban environmental compliance.Read more

05 Apr 2026

IRB Infrastructure Trust has begun toll collection on the 74.5 km Chandikhole Bhadrak stretch of NH-16 in Odisha after completing project formalities. The asset was secured under the toll-operate-transfer (TOT-18) model with an upfront concession payment of INR 3,087 crore to the National Highways Authority of India. The project comes with a 20-year concession period and is part of the Golden Quadrilateral corridor. It is expected to support steady toll income and strengthen the trust's presence in eastern India while adding to its long-term revenue pipeline.Read more

Ahmedabad News Desk

05 Apr 2026

The Ahmedabad Urban Development Authority (AUDA) is preparing to release its draft Development Plan 2041, marking a shift from the conventional 10-year planning cycle to a 20-year framework. The plan is expected to expand the authority's jurisdiction across parts of Ahmedabad, Gandhinagar, and Mehsana, while integrating infrastructure, land use, and environmental strategies. It is being positioned in the context of Ahmedabad's bid to host the 2036 Olympic Games and the 2030 Commonwealth Games. The draft is likely to include provisions for industrial relocation, revised zoning regulations, and new greenfield development areas. Authorities are also aligning the plan with regional economic corridors and long-term urban infrastructure requirements.Read more

04 Apr 2026

The Amaravati Growth & Infrastructure Corporation Limited (AGICL) reviewed the progress of key projects at the Amaravati Government Complex, including the High Court building and housing towers for non-gazetted officers. Managing Director SVR Srinivas assessed construction status and held discussions with contractors and engineering teams, stressing adherence to quality and timelines. The NGO housing project includes 21 towers with nearly 2,000 residential units, while the High Court is being built across a large area with multiple floors. The review highlights the state's continued push to develop core administrative infrastructure in Amaravati.Read more

Indore News Desk

04 Apr 2026

Property rates in Indore have been revised under new collector guideline values for the financial year commencing recently, with increases implemented across 2,624 of the district's 4,590 surveyed locations. The revision translates to an average rise of around 26%, with significant adjustments in key urban and peri-urban corridors such as Vijay Nagar, Dewas Naka, and the Super Corridor. The updated rates are aimed at aligning government-notified values with prevailing market prices and supporting land acquisition in infrastructure-linked areas. Despite a rise in stamp duty revenue to approximately INR 2,716 crore in the previous financial year, property registrations declined marginally, indicating a divergence between value growth and transaction volumes.Read more

04 Apr 2026

The National Highways Authority of India (NHAI) has exceeded its highway construction target for FY26 by completing 5,313 km, about 15 per cent higher than planned. The pace remained slightly lower than last year due to more complex projects. The authority recorded capital expenditure of over INR 2,44,000 crore, going beyond budgetary support and relying partly on internal resources. It also raised over INR 28,000 crore through asset monetisation, reflecting a continued focus on funding diversification alongside steady infrastructure expansion.Read more

04 Apr 2026

Prime Minister Narendra Modi inaugurated a semiconductor facility in Sanand, Gujarat, and launched infrastructure projects worth over INR 20,000 crore across the state. The chip plant, developed by Kaynes Technology with an investment of about INR 3,300 crore, is expected to support India's semiconductor ambitions and reduce import dependence. Key projects include the Ahmedabad-Dholera Expressway and multiple initiatives across transport, energy, and urban sectors. The developments reflect the government's continued focus on building a domestic semiconductor ecosystem and strengthening industrial infrastructure in key growth regions.Read more

04 Apr 2026

Indian Railways is planning to revise its parcel leasing policy to improve flexibility and attract more participation from logistics players. The changes include extending contract durations, easing penalty rules for overloading, and reducing security deposit requirements. These steps build on earlier reforms where entry barriers like turnover criteria were removed. The revised framework is expected to provide better business stability, improve parcel space utilisation, and support steady growth in rail-based cargo movement. The focus remains on making parcel operations more practical and aligned with market needs.Read more

04 Apr 2026

77Pillar has expanded its real estate technology platform to Dholera, Gujarat, marking its entry into a greenfield smart city within the Delhi-Mumbai Industrial Corridor (DMIC). The company, which operates across more than 15 cities including Delhi NCR, Gurugram, Noida, Jaipur, and Ahmedabad, aims to strengthen its presence in emerging investment destinations alongside established urban markets. Dholera is witnessing growing interest from developers, investors, and businesses due to planned infrastructure, large land availability, and government-backed initiatives. Through this expansion, 77Pillar intends to facilitate project visibility, enable access to commercial and land opportunities, and connect stakeholders to a broader buyer and investor base.Read more

04 Apr 2026

Alstone has announced its association with Punjab Kings as the official cladding partner for the 2026 season of the Indian Premier League. The collaboration marks the company's continued engagement with cricket as a platform for brand visibility and stakeholder outreach. Through integrated marketing campaigns, on-ground activations, and digital initiatives, Alstone aims to strengthen engagement with channel partners and consumers across India. The partnership comes as the brand seeks to reinforce its position in the premium cladding segment while leveraging the wide reach and audience engagement associated with franchise cricket.Read more

Mumbai News Desk

04 Apr 2026

The Bombay High Court has directed a builder to deposit around INR 41 lakh towards the cost of demolishing unauthorised portions in two buildings in Nagpur. The order followed a detailed estimate submitted by civic authorities, highlighting violations of approved plans and potential safety risks. The matter stems from a long-pending public interest litigation. A significant part of the demolition has already been carried out. The court has made it clear that the financial burden of such actions will not fall on public authorities and will be borne by the developer.Read more

04 Apr 2026

ITC Hotels Limited has launched Storii Jawai, a 15-key boutique retreat in Rajasthan, marking the 11th property under its Storii brand. Located in the Jawai region, known for its leopard habitat, granite landscapes, and river ecosystem, the project focuses on nature-led and experiential tourism. Developed in partnership with 1st Gate Luxe Pvt. Ltd., the property integrates safari-style accommodation with low-impact design elements such as tented villas, private courtyards, and preserved green zones. The development aligns with the growing demand for boutique and eco-sensitive hospitality formats in emerging leisure destinations. It also reflects increasing investor interest in experiential tourism assets that combine wildlife, culture, and premium accommodation.Read more

04 Apr 2026

Golden Growth Fund has acquired a land parcel in Gulmohar Park, South Delhi, for development of an ultra-luxury residential project with an estimated revenue potential of around INR 100 crore. The project will comprise four independent floors across a built-up area of nearly 20,000 sq ft on a 500 sq yd plot. This marks the fund's third acquisition in South Delhi since its launch in late 2024, following projects in Anand Niketan and Neeti Bagh. The development will be executed by Grovy India Ltd. The move reflects continued investor interest in redevelopment-led housing within Category A and B colonies, supported by rising prices and strong end-user demand.Read more

04 Apr 2026

Danube Properties has launched Greenz, a master-planned residential community in Dubai International Academic City, marking its entry into large-scale integrated developments. The project will feature villas and townhouses, with completion expected in 36-40 months and handover targeted by the end of 2029. Located near Dubai Silicon Oasis, the site lies within a high-growth corridor supported by planned infrastructure such as the District IO technology hub and the upcoming Blue Line Metro. The development will offer over 50 amenities and a mix of three- to five-bedroom configurations. With prices starting from AED 3.5 million, the project is positioned to attract both end-users and investors in Dubai's expanding suburban residential market.Read more

04 Apr 2026

Construction activity across the Amaravati Government Complex is moving ahead, with senior officials closely monitoring progress and quality. The Managing Director of Amaravati Growth and Infrastructure Corporation Limited reviewed ongoing work at HOD Tower-4, residential bungalows for ministers and secretaries, and the Quantum Computing Center. The review focused on construction timelines, adherence to quality standards, and material usage. Officials and contractors were directed to meet set targets without compromising on execution standards. The developments are part of the broader effort to strengthen administrative and technology infrastructure in the capital region.Read more

04 Apr 2026

The National Council for Cement and Building Materials (NCB) has entered into a memorandum of understanding with Delhi Technological University (DTU) to enhance research collaboration and skill development in India's cement and construction sector. The agreement, signed in New Delhi in the past week, focuses on joint research in cement and concrete technologies, training programmes for students and professionals, and knowledge exchange between academia and industry. The partnership aims to improve technical capabilities, promote best practices, and support capacity building across the construction ecosystem. It is also aligned with the sector's increasing focus on sustainable and resilient infrastructure, as demand grows for advanced materials and construction technologies.Read more

04 Apr 2026

India's luxury housing market is witnessing a structural shift as Tier 2 cities emerge as key demand centres, driven by locally generated wealth and end-user aspirations rather than metropolitan spillover. According to Anarock, premium and luxury homes now form a rising share of new launches across several non-metro markets, reflecting developer confidence in sustained demand. The trend is supported by enterprise-led growth, including expansion of family-run businesses, SME clusters and startup exits. Demand is largely end-user driven, with business families, next-generation buyers and returning NRIs investing in primary residences. The shift indicates a move away from investment-led buying in metros towards consumption-led, locally anchored housing demand in emerging urban centres.Read more

04 Apr 2026

Saya Group has reported a complete sell-out of its residential project Saya Gold Avenue in Indirapuram, Ghaziabad, with the final units transacting at prices exceeding INR 15,000 per sq ft. The development comprises 1,620 units across eight towers rising up to 39 storeys, positioning it among the tallest residential projects in the city. The project includes a mix of 2BHK to 4BHK units and penthouses, along with an 80,000 sq ft clubhouse and lifestyle amenities. The sales outcome reflects sustained demand for premium housing in Ghaziabad, supported by improved connectivity, established social infrastructure and relatively competitive pricing within the National Capital Region.Read more

04 Apr 2026

Madurai's INR 100 crore road repair programme under the Tamil Nadu Urban Roads Infrastructure Project (TURIP) has reached only about 50% completion, with delays attributed to logistical constraints and the need to redo underground drainage (UGD) pipelines. The project, launched earlier this year to restore roads damaged during sewer infrastructure works, was initially scheduled for completion by mid-February. However, repeated relaying of faulty pipelines has led to re-damage of repaired stretches, extending timelines to May. Residents have also raised concerns over the quality of completed roads, citing early deterioration and potholes. The civic body has stated that repairs will continue without budget escalation and additional resurfacing will be undertaken where required.Read more

Mumbai News Desk

04 Apr 2026

Several housing societies and bakeries in Mumbai's Sakinaka area have been waiting for Piped Natural Gas (PNG) connections for over a decade, despite pipelines being installed years ago. Societies like Shiv Prabha, Shiv Prerna, Dhanlaxmi, and Anna Sagar, covering around 500 households, are still awaiting supply due to pending technical feasibility and connection issues. Local bakeries that invested INR 25,000 or more for connections are also affected. Senior citizens face difficulties managing LPG cylinders, highlighting the gap between policy initiatives promoting PNG and actual service delivery.Read more

Delhi News Desk

04 Apr 2026

Authorities in Delhi are planning a feasibility study for constructing a 900-metre road beneath an existing metro viaduct to improve traffic movement and optimise underutilised urban space. The proposal, initiated in the past week, involves coordination between the Delhi Metro Rail Corporation (DMRC), Public Works Department (PWD), and other civic agencies. The stretch is expected to enhance connectivity and decongest key corridors by formalising road infrastructure below elevated metro lines. Officials indicated that the study will assess structural safety, alignment feasibility, and integration with existing road networks. The initiative reflects a broader push to utilise land beneath metro infrastructure for transport and public use, particularly in densely built urban areas with limited land availability.Read more

04 Apr 2026

IFFCO-TOKIO General Insurance Company has introduced a Comprehensive Property All Risk Policy aimed at providing integrated risk coverage for businesses, particularly MSMEs. Announced in the past week, the policy combines multiple protections including material damage, machinery breakdown, business interruption, fidelity, money, and public liability under a single framework. The offering is designed to address gaps in traditional property insurance, which often provides fragmented coverage. With no minimum sum insured requirement, the policy caters to a wide range of users, from small enterprises to large corporates and institutional clients. The development comes amid increasing exposure of businesses to operational risks and growing investments in commercial and industrial real estate.Read more

04 Apr 2026

SOTC Travel has expanded its retail presence in Hyderabad with the launch of a new franchise outlet in Himayath Nagar, taking its total network in the city to five locations. The outlet is positioned in a key commercial and residential catchment with high consumer footfall and connectivity. The company will offer its omnichannel services through the store, including domestic and international holiday packages, group tours, cruises, and travel insurance. The expansion reflects sustained demand for organised travel services in urban markets such as Hyderabad, where consumer preferences are evolving towards experiential and customised travel, alongside continued interest in both leisure and pilgrimage segments.Read more

04 Apr 2026

V. Vijaya Ramaraju, IAS, took charge as the Commissioner of APCRDA at the Rayapudi headquarters in Amaravati. The formal ceremony included traditional rituals and the presence of senior officials like Additional Commissioner A. Bhargava Teja and Director Vallabhaneni Srinivasa Rao. After assuming office, he reviewed ongoing capital development works with department heads to assess progress and address pending tasks. His leadership is expected to strengthen administrative oversight, streamline development initiatives, and support the continued growth and infrastructure development of the Amaravati capital region.Read more