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22 Apr 2026
The Public Works Department has initiated the compensation claim process for land acquired for the Ponda Bhoma highway expansion in Goa. Around 46,308 square metres of land across multiple villages has been notified, and affected landowners have been asked to submit claims. The project includes widening works, flyovers, and underpasses to ease traffic congestion. The construction contract worth INR 273 crore has already been awarded, though the work order is still pending. The project has faced local resistance earlier, mainly over land acquisition and impact on structures.Read more
22 Apr 2026
Illegal colonies along the Ganga riverbank in Haridwar have emerged as a significant source of pollution, with local authorities flagging direct discharge of untreated waste into the river. The municipal body has written to the irrigation department seeking action against encroachments on government land, where basic sewage infrastructure is absent. These settlements reportedly release domestic and human waste into the river, undermining ongoing clean-up efforts. The issue highlights gaps in urban planning and enforcement, particularly in riverfront zones, and raises concerns over environmental compliance in unregulated housing clusters. Authorities are now considering coordinated action to address both encroachment and waste management failures.Read more
21 Apr 2026
Hyderabad is planning a ropeway project to connect Golconda Fort and the Qutb Shahi Tombs to improve tourist movement and reduce road congestion. The proposed 1.3-km stretch is part of efforts to strengthen heritage infrastructure and offer an alternative travel option. Authorities are exploring a public-private partnership model, with feasibility studies underway. The project is expected to improve accessibility between the two monuments, which currently rely on road connectivity, while also supporting tourism growth and better visitor management in the area.Read more
21 Apr 2026
HDFC Bank, through its CSR initiative Parivartan, has built and restored over 15,289 water structures across more than 10,430 villages, supporting around 14.92 lakh households nationwide. The programme has also enabled access to safe drinking water in over 950 villages through community purification systems. The initiative spans farm ponds, check dams, rainwater harvesting systems, and decentralised distribution infrastructure, alongside irrigation support for farming communities. Combined with agricultural interventions and community-led planning, the programme aims to improve water access, enhance irrigation coverage, and support rural livelihoods through sustainable resource management.Read more
21 Apr 2026
The 23rd CREDAI MCHI Thane Property Expo concluded recently with strong participation, drawing over 20,000 visitors and recording 234 on-the-spot bookings. The three-day event showcased more than 100 RERA-approved projects across segments and price ranges, with the INR 55 lakh to INR 2.25 crore bracket seeing the highest demand. Key micro-markets such as Ghodbunder Road, Kolshet, Pokhran and Majiwada remained in focus. Banks sanctioned home loans worth INR 398 crore during the event. Developers also reported steady NRI and investor interest, supported by ongoing infrastructure developments across Thane.Read more
21 Apr 2026
The Lucknow Development Authority (LDA) has approved 15 major development proposals, including a new township in Amausi, with a combined investment of nearly INR 2,500 crore. The clearances cover residential, commercial and institutional projects across the city and are expected to add fresh housing supply and urban infrastructure. The proposed Amausi township will be developed over a large land parcel near the airport corridor, reflecting the authority's focus on planned urban expansion in southern Lucknow. The approvals form part of a broader push to accelerate project clearances and unlock stalled investments in the city's real estate market.Read more
21 Apr 2026
The Nagpur-Mumbai Samruddhi Expressway recorded toll collections of INR 1,240.04 crore in FY26, with 1.55 crore vehicles using the corridor, marking a year-on-year increase of nearly INR 500 crore. The 701 km access-controlled expressway has seen steady traffic growth since its phased opening, crossing one crore vehicles in FY25. Cumulative usage has reached 3.44 crore vehicles, generating INR 2,660 crore in toll revenue to date. The sharp rise in collections reflects increasing traffic volumes across the corridor, which connects key districts in Maharashtra and serves as a major intra-state logistics and passenger movement route.Read more
21 Apr 2026
Two Boeing 737 aircraft operated by Akasa Air and SpiceJet were damaged after coming into contact on the ground at Delhi airport, prompting an investigation by the Directorate General of Civil Aviation (DGCA). The incident occurred at Terminal 1 when a taxiing SpiceJet aircraft struck the stationary Akasa Air plane preparing for departure. Both aircraft have been grounded following the occurrence. The Akasa flight, scheduled to operate to Hyderabad, was returned to the bay, and all passengers and crew were safely disembarked. The regulator has initiated a probe to assess the circumstances, with preliminary findings indicating damage to the winglet and horizontal stabiliser of the respective aircraft.Read more
21 Apr 2026
The Brihanmumbai Municipal Corporation (BMC) has utilised around 87% of its capital expenditure budget, spending INR 39,159 crore out of INR 43,162 crore. This marks an increase from the previous year and reflects faster execution of infrastructure projects. Major spending was directed towards sewage treatment upgrades, road concreting, bridges, water supply, and stormwater drainage. While the administration has focused on improving long-term infrastructure, concerns have been raised about gaps in basic civic services and the need for better quality control in project execution.Read more
21 Apr 2026
The Maharashtra government has secured investment commitments exceeding INR 1.75 lakh crore through memorandums of understanding with Shyam Steel and JW Global India, covering steel manufacturing, renewable energy, data centres and emerging technologies. Shyam Steel plans to invest INR 10,000 crore in a steel plant in Chandrapur, while JW Global has proposed investments of around INR 1.65 lakh crore across multiple sectors, including a floating solar project in Solapur. The developments are expected to generate over 11,000 jobs. The state government highlighted ongoing policy reforms and simplified procedures aimed at accelerating project execution and attracting investments across industrial and clean energy segments.Read more
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21 Apr 2026
Navi Mumbai Municipal Corporation has started work on a tunnel road beneath Palm Beach Road near Moraj Circle in Sanpada, despite continued opposition over environmental impact. The project will affect 440 trees, with 111 to be cut and 329 to be transplanted. Estimated at INR 33.80 crore, the project is aimed at easing congestion at a key junction. Residents and environmental groups have raised concerns about tree loss and planning changes, but authorities have proceeded without altering the approved design, and on-ground work is now underway.Read more
21 Apr 2026
Citius TransNet Investment Trust has mobilised INR 497.25 crore from anchor investors prior to the launch of its INR 1,105 crore initial public offering. The anchor book saw participation from pension funds, mutual funds, insurance firms, and institutional investors, with units allocated at INR 100 each. The public issue is priced between INR 99 and INR 100 per unit and is scheduled to open in the immediate term. Proceeds will be utilised for acquiring stakes in road infrastructure assets, including SRPL Roads Private Ltd and several project-specific special purpose vehicles. The offering reflects continued investor interest in infrastructure-backed InvIT structures with stable yield potential.Read more
21 Apr 2026
Maine has become the first US state to approve a moratorium on large-scale data centres, pausing new developments above 20 megawatts amid rising concerns over energy demand, environmental impact and infrastructure strain. The legislation, passed in the past week, will halt approvals until late 2027 while a state-appointed council evaluates the sector's impact on electricity grids, water usage and local communities. The move comes as AI-led demand accelerates data centre investments across the US, with tech firms committing significant capital to expand capacity. The decision reflects growing resistance to hyperscale infrastructure, even as governments and industry continue to view data centres as critical to digital and AI ecosystems.Read more
21 Apr 2026
Recent updates from France and the Benelux region indicate stable performance across real estate, construction, and telecom sectors. Covivio reported steady revenue and high occupancy, reflecting resilience in property demand. Kaufman & Broad maintained stable earnings outlook with consistent margins, while Vinci secured a large infrastructure contract in the Czech Republic, strengthening its order book. Meanwhile, Proximus announced a leadership change, and Exail Technologies saw strong growth driven by its robotics segment.Read more
21 Apr 2026
The Yamuna Expressway Industrial Development Authority (YEIDA) has extended the deadline for applications to its proposed 500-acre fintech hub in Sector 11 near the Noida International Airport, revising the submission date to April 29. The move is aimed at attracting wider participation from global investors and financial institutions. The project, structured through an expression of interest (EOI), is envisioned as a financial services ecosystem comprising offices, IT and digital service centres, and transaction processing units. YEIDA plans to leverage upcoming industry events to promote the development and increase investor engagement. The hub is expected to support fintech, banking, and financial services firms while strengthening the region's positioning as a financial services destination.Read more
21 Apr 2026
Wipro Hydraulics, part of Wipro Infrastructure Engineering, has signed a definitive agreement to acquire a majority stake in Italy-based Indeco Ind Spa, marking its entry into the hydraulic attachments segment. Indeco, established in 1976, manufactures demolition and construction equipment such as hydraulic hammers and shears, with operations across Italy and the US. The transaction is expected to expand Wipro's product portfolio beyond hydraulic cylinders while strengthening its global manufacturing and distribution footprint. The founding Vitulano family will continue to remain operationally involved in the business. The deal also provides Indeco access to enhanced research and development capabilities and Wipro's global network, supporting further product development and organisational growth.Read more
21 Apr 2026
The Ministry of Statistics and Programme Implementation has introduced a new infrastructure dashboard covering 11 sectors and 116 indicators to improve performance tracking and policymaking. Based on the PAIMANA framework, the system evaluates not just output but also access, quality, utilisation, affordability and financial efficiency. It brings together data from sectors such as power, roads, railways, telecom, aviation and ports. The dashboard reflects steady progress across key segments and will be updated quarterly, with the next update scheduled for July 16, 2026, to ensure continuous monitoring.Read more
21 Apr 2026
Uganda has appointed Citibank to help mobilise funding for its planned Standard Gauge Railway (SGR) project, estimated at euro 2.7 billion (USD 3.19 billion). The government is also in discussions with the World Bank, which is evaluating multiple financing options. The project had faced delays after earlier attempts to secure funding from China did not succeed. Now assigned to Turkish firm Yapi Merkezi, initial groundwork has started with government support, while full construction is pending financial closure. The rail line is expected to improve regional connectivity by linking Uganda to Kenya's railway network and the port of Mombasa.Read more
20 Apr 2026
The Department of Town and Country Planning (DTCP), Haryana, has initiated enforcement action against unauthorised hospitality developments in Gurugram, identifying 13 banquet halls and marriage venues for violating land-use norms. As part of the drive, a hotel structure in Sidhrawali was demolished. The action forms part of a broader crackdown on illegal constructions operating without approvals or in violation of zoning regulations. Authorities have indicated that further inspections and enforcement measures will continue across the district. The move highlights ongoing regulatory scrutiny in Gurugram's peri-urban areas, where unlicensed hospitality and commercial developments have expanded amid rising demand for event and lodging spaces.Read more
20 Apr 2026
Finland has applied for EUR 9.55 million (USD 11.25 million) in funding from the European Commission to strengthen its undersea cable repair capabilities amid rising concerns over infrastructure disruptions in the Baltic Sea region. The project, coordinated by the National Emergency Supply Agency, involves partners from Finland, Sweden and Estonia. It aims to reduce repair timelines for subsea energy and communication cables during both routine and emergency situations, while ensuring operational continuity if private sector capacity is unavailable or maritime access is restricted.Read more
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