15 Feb 2026

Dubai's residential real estate market is evolving into a dual-track structure, where homes increasingly function as lifestyle assets rather than conventional housing, according to Talal M. Al Gaddah, CEO and Founder of luxury brand Keturah. He said the market is moving away from high-volume, speculative development towards purpose-led, wellness-integrated projects focused on long-term liveability. As the sector matures in 2026, standard residential supply is expected to face slower absorption and compressed margins, while experience-driven developments are likely to outperform. Demand, he noted, is consolidating around projects that emphasise privacy, quality, sustainability and community, supported by Dubai's stable regulatory environment and rising interest from global investors seeking capital preservation and lifestyle integration.Read more

15 Feb 2026

Submer has entered into a strategic collaboration with Anant Raj Cloud, a subsidiary of Anant Raj Limited, to develop and deploy AI-ready datacentres across India, targeting sovereign and enterprise AI workloads. The partnership combines Submer's modular datacentre architecture, liquid-cooling technology and neocloud platform, InferX, with Anant Raj's established datacentre campuses and operational capabilities. Together, the companies aim to deliver high-density, energy-efficient infrastructure designed for GPU-intensive computing at scale. The collaboration aligns with India's push for AI sovereignty and comes against the backdrop of Union Budget 2026-27, which has prioritised AI datacentres and semiconductor manufacturing. The first phase will leverage Anant Raj's facilities in Haryana, positioning the partnership as a template for replicable, utility-grade AI infrastructure nationwide.Read more

14 Feb 2026

The Haryana government's Department of Town and Country Planning (DTCP) has taken enforcement action against Golden Glow Estates, the developer of a group housing project in Sector 68, Badshahpur, Gurugram, after the project's development licence lapsed eight years ago and was not renewed, officials said earlier this week. The developer has reportedly accumulated more than INR 51.8 crore in external development charges and related dues. The DTCP has issued a show-cause notice to the company and directed the district town planner (enforcement) to initiate action under relevant provisions of the Haryana Development and Regulation of Urban Areas Act, requiring a compliance report within a short timeframe. Authorities indicated that subsequent steps could include licence cancellation, recovery of dues and other enforcement measures if the promoter does not respond satisfactorily. The case highlights intensified regulatory scrutiny of stalled and non-compliant housing projects in the state.Read more

14 Feb 2026

The Gujarat government has taken an unprecedented step to address longstanding construction delays at the World Trade Centre (WTC) development in Gujarat International Finance Tec-City (GIFT City) by proposing to transfer responsibility for completing the unfinished towers to an association of allottees. The move follows cancellation of the original developer's lease after the promoter was arrested in a fraud case and extended delays in construction of Towers B and C, while Towers A and D are already complete. A committee headed by the state chief secretary has resolved that, if allottees can mobilise funds and appoint contractors, they will assume control of the project, with regulatory support from the Gujarat Real Estate Regulatory Authority (GujRERA) and state agencies. Officials said the initiative aims to secure possession for buyers and resolve investor grievances under Section 8 of the Real Estate (Regulation and Development) Act.Read more

14 Feb 2026

Renewed clashes between the Tangkhul Naga and Kuki communities in Manipur's Ukhrul district resulted in widespread arson, with more than 20 homes destroyed in and around the Litan area. The unrest began after an alleged assault on a Tangkhul Naga man, leading to stone-pelting exchanges and prolonged confrontations. Authorities imposed prohibitory orders and deployed security forces to restore order. Political leaders have been involved in talks to calm tensions, and efforts continue to prevent further escalation.Read more

14 Feb 2026

Guwahati railway station has introduced new passenger facilities aimed at improving comfort and convenience for travellers using the busy Northeast rail hub. The development includes a sleeping pod, an air-conditioned waiting lounge and multi-cuisine food options, with special focus on hygiene and safety for women passengers. The facility was inaugurated by Railway Minister Ashwini Vaishnaw, who also pointed to higher rail spending in the region, including an allocation of INR 11,486 crore and ongoing projects worth INR 72,468 crore to strengthen connectivity.Read more

14 Feb 2026

Construction of stage II of the Trichy Junction Road Over Bridge is moving forward with authorities targeting an opening by June after multiple delays slowed the project earlier. The Southern Railway has begun assembling key steel spans procured from Katpadi, while the state highways department is progressing with approach roads and retaining walls. Delays were largely caused by land acquisition issues and late procurement of bridge components. Once operational, stage II will handle outbound city traffic, complementing the already functional first stage and easing congestion around the busy junction.Read more

14 Feb 2026

The Airports Authority of India (AAI) is preparing to invite bids for the privatisation of 11 airports under a bundled public-private partnership (PPP) framework by April. This will mark the third phase of airport monetisation after a gap of nearly five years. The airports have been grouped into five bundles, pairing high-traffic airports with smaller regional ones to improve commercial viability. Major domestic and global airport operators have shown interest. The government expects to raise about INR 6,000 crore for reinvestment in aviation infrastructure.Read more

14 Feb 2026

The National Company Law Tribunal has approved the resolution plan for Hotel Horizon, allowing a consortium led by Oberoi Realty, Shree Naman Developers and JM Financial Properties and Holdings to acquire the insolvent company. The plan proposes a payout of INR 919 crore against total admitted claims of INR 1,293 crore, offering around 74% recovery to lenders. Hotel Horizon's main asset is a prime 1.85-acre land parcel in Juhu, Mumbai. However, the National Company Law Appellate Tribunal has put a temporary hold on equity creation under the plan, pending further hearings.Read more

14 Feb 2026

Kamarajar Port Ltd has received in-principle approval from the Ministry of Ports, Shipping and Waterways to proceed with an initial public offering, a move that could make it India�s first state-owned port company to be listed. The port, now fully owned by the Chennai Port Authority following a government stake transfer in 2020, will next seek board and shareholder approvals. With consistent cargo volumes and strong profitability, the port�s proposed listing may open a new route for capital access in the government-owned ports sector.Read more

14 Feb 2026

Danube Properties has unveiled Serenz by Danube, a premium residential development in Jumeirah Village Circle (JVC), reinforcing its focus on amenity-led urban housing in Dubai. Officially launched earlier this week, the project is positioned around high connectivity, with what the developer describes as a 2 minutes in, 2 minutes out access between Sheikh Mohammed Bin Zayed Road and Al Khail Road. The high-rise scheme combines fully furnished residences with over 120,000 sq ft of lifestyle and wellness spaces, marking one of the larger amenity allocations within JVC. With prices starting from AED 850,000 and supported by Danube's 1% monthly payment plan, the project is being marketed to both end-users and investors targeting rental-led micro-markets. The launch underlines Danube's strategy of pairing affordability-led payment structures with premium positioning in high-demand residential zones.Read more

Nagpur News Desk

14 Feb 2026

Nagpur Metro's Phase 3 expansion is poised to become the largest growth stage in the system's history, adding approximately 54.5-55 km of new lines and bringing the total network to around 129 km, sources said. The expansion plan, incorporated in Nagpur's Comprehensive Mobility Plan and now included in the Detailed Project Report (DPR) process, will feature four key corridors: a c. 25 km route along the Inner Ring Road and three additional links enhancing north-south connectivity and last-mile access to industrial and greenfield zones. Once completed, the extension will position Nagpur Metro among India's most extensive urban rail systems outside larger metropolitan markets. The DPR, expected within nine months, will determine final alignments, station locations and elevated or underground sections before phased construction begins after completion of Phase 2.Read more

Mumbai News Desk

14 Feb 2026

The Brihanmumbai Municipal Corporation has intensified recovery action against large property tax defaulters in Mumbai by issuing attachment and seizure notices under the municipal law. The civic body has identified several major developers and entities with long-pending dues running into hundreds of crores. Officials have warned that movable assets may be seized first, followed by auction of properties if payments are not made. Property tax remains a key revenue source for civic services, and the BMC has urged defaulters to clear arrears through available payment mechanisms.Read more

14 Feb 2026

Prime Minister Narendra Modi has directed the road transport ministry to urgently address concerns over declining highway quality and submit a clear improvement framework by May. The instruction follows repeated complaints about damaged and poorly built national highways, especially after monsoons. The Prime Minister has asked for stronger standard operating procedures, stricter monitoring, and firm action against underperforming and litigating contractors. The ministry has also been told to review land acquisition disputes, assess contractor performance more closely, and stop converting state highways into national highways.Read more

Nagpur News Desk

14 Feb 2026

The Nagpur Metro is catalysing the transformation of the city into multimodal urban growth zones, with authorities promoting high-density development around metro corridors as part of a broader transit-oriented development (TOD) strategy. The Maharashtra Metro Rail Corporation has initiated land use action plans to integrate mixed-use developments including commercial, residential and social infrastructure within about 500 metres of major metro stations. Officials overseeing the initiative said the approach aims to improve land-use efficiency, enhance last-mile connectivity and attract investment into integrated urban zones. Plans for new business districts, combined with strategic infrastructure such as ring roads and single-window approvals for land allotment, are expected to further position Nagpur as a hub for economic and residential growth centred on its expanding metro network.Read more

14 Feb 2026

The Navi Mumbai Municipal Corporation (NMMC) has undertaken demolition action against an unauthorised construction in the Turbhe division, where a fourth-floor RCC structure was being erected without prior approval. During a site inspection at a residential property in Sector 5, Sanpada village, civic officials found that construction measuring about 9.40 metres by 5 metres was underway in violation of planning norms. Despite the issuance of a notice under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, the work reportedly continued. Acting on senior-level directions, the civic body organised a demolition drive and removed the illegal structure. The operation was carried out under the supervision of senior officials, with police support and demolition equipment deployed. The corporation reiterated that enforcement against unauthorised constructions will be intensified across its jurisdiction.Read more

14 Feb 2026

Pan IIT Alumni India has welcomed the interim India-US trade framework, stating that it could significantly accelerate India's push in semiconductors, data centres and advanced technology manufacturing. The alumni body said the framework, read alongside the Union Budget, reflects a clear strategic alignment between global technology partnerships and domestic capacity-building. According to Pan IIT Alumni India, improved access to advanced components and closer cooperation with the United States come at a critical juncture as India expands semiconductor fabrication, packaging and design under its incentive programmes. It also highlighted the Budget's proposed tax holiday for foreign cloud service providers using Indian data centres as a strong signal to global investors. Together, the measures were said to strengthen supply chain resilience, support digital infrastructure expansion and enhance India's position within global technology value chains.Read more

13 Feb 2026

The Airports Authority of India (AAI) has raised concerns about multiple unauthorised constructions around Jolly Grant Airport in Dehradun, highlighting risks to aviation safety. Recent inspections revealed residential and commercial buildings erected without the mandatory No Objection Certificate (NOC), violating height restrictions and clearance norms. Officials said approvals under the Aircraft Act, 1934, are required within 20 km of airports, especially in approach and landing zones. Monthly inspections flag violations and report them to local authorities to ensure obstacle-free airspace for safe aircraft operations.Read more

13 Feb 2026

The National Highways Authority of India (NHAI) is likely to miss its highway project award targets for FY26 as delays in approvals and project preparation slow the bidding process. Against a plan to bid out 124 projects spanning over 6,300 km, bids have been invited for only about 60% of the projects so far. The gap is wider in value terms, with fewer large projects reaching the bidding stage. Slower land acquisition, prolonged clearances and limited private sector appetite for large contracts have affected the pace of awards.Read more

13 Feb 2026

Haryana Electricity Regulatory Commission (HERC) has emphasized the importance of efficiency in strengthening the state's power system. During a public hearing on the Annual Revenue Requirement for 2026-27, HERC Chairman Nand Lal Sharma highlighted the need to modernize the distribution network, reduce Aggregate Technical and Commercial (AT&C) losses, and enhance consumer satisfaction. The discussion also explored the possibility of allowing consumers to choose their electricity provider in the future. Dakshin Haryana Bijli Vitran Nigam (DHBVN) projected revenue requirements, highlighting both a potential surplus and a deficit after adjusting past gaps. Efforts to improve services and further cut losses are underway.Read more