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13 Feb 2026
Mumbai recorded 11,219 property registrations in January 2026, marking an 8 % year-on-year decline compared with the same month last year, according to data from the Maharashtra Inspector General of Registration. Despite the fall in volume, stamp duty collections increased by about 2 % to around INR 1,012 crore, underscoring steady transaction value in the city's real estate market. On a month-on-month basis, both registrations and stamp duty receipts eased, reflecting typical seasonal moderation in early calendar year activity. Analysts said the divergence between volume and revenue suggests sustained demand for higher-value homes, particularly in mid-to-premium segments, which has helped buoy government revenue despite fewer transactions overall. The data highlights ongoing resilience in Mumbai's residential property market amid evolving buyer preferences and broader economic conditions.Read more
13 Feb 2026
The Municipal Corporation of Manesar (MCM) has announced stricter enforcement against illegal waste dumping and the operation of non-functional sewage treatment plants (STPs). Residential societies and industrial units found discharging untreated water or dumping garbage will face FIRs. Officials have been instructed to act immediately during inspections instead of issuing repeated warnings. MCM is coordinating with the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and Haryana State Pollution Control Board to monitor compliance, address environmental hazards, and tackle related civic issues, including illegal parking, encroachments, and public hygiene challenges in residential and industrial areas.Read more
13 Feb 2026
The Maharashtra government has unveiled plans to develop an access-controlled road that will directly connect the Vidarbha region to the upcoming Vadhavan deep-draft port on the state's western coast, significantly reducing freight transit times and strengthening logistics networks. Announced by the chief minister at a business conclave focused on Vidarbha's economic growth, the initiative is aimed at integrating central and eastern Maharashtra more closely with coastal trade routes, fostering industrial expansion and attracting investment. The new road is expected to cut travel time for goods from Vidarbha to the port to under eight hours, compared with much longer current routes. Officials highlighted that the project forms part of a wider infrastructure push in the region, including expressway and highway links connecting key industrial hubs and enhancing the state's position in national supply chains.Read more
13 Feb 2026
The Madhya Pradesh government has announced development projects worth around INR 2,300 crore for Shahdol district, with a strong focus on irrigation, education, and road infrastructure. The key project is the Shahdol Irrigation Complex, comprising four micro-irrigation schemes on the Son River, aimed at expanding irrigation to nearly 50,000 hectares and benefiting 122 villages. Additional measures include new educational facilities, expansion of medical education capacity, road development, and administrative upgrades to support long-term regional growth.Read more
13 Feb 2026
UBS Business Solutions India has leased an entire commercial office tower in Pune's Yerwada area under a long-term agreement valued at over INR 263 crore. The company has taken a fully managed and furnished workspace spanning about 165,290 sq ft at Tech Park One, with seating capacity for nearly 1,520 people. The lease reflects continued demand from global financial services firms for ready-to-use office spaces in Pune, particularly in well-connected micro markets such as Yerwada's Airport Road corridor.Read more
12 Feb 2026
The Delhi government has approved an allocation of INR 100 crore for the implementation of an Advanced Traffic System (ATS) aimed at enhancing road safety and traffic management across the city. The funding forms part of a larger INR 1,200 crore grant released to the Delhi Transport Corporation (DTC) by the chief minister, which also covers other transport modernisation initiatives. The ATS will incorporate a suite of technologies including traffic control systems, high-resolution video surveillance and electronic enforcement tools, and will be linked with a central command centre to facilitate real-time monitoring and quicker emergency responses. Officials highlighted rising concerns about traffic accidents involving buses and the need for improved incident detection and response capabilities. The investment aligns with broader efforts to harness technology for safer, more efficient urban transport.Read more
12 Feb 2026
Indian Railways has announced plans to construct a new underground railway line through the Siliguri corridor in West Bengal, a narrow land bridge that connects mainland India with its North-eastern states. The project, spanning about 35.76 km between Dumdangi and Bagdogra, will incorporate an extensive underground alignment particularly between Tinmile Hat and Rangapani to provide secure, uninterrupted rail connectivity along this sensitive route. The corridor's proximity to international borders with Nepal, Bhutan and Bangladesh, combined with its susceptibility to natural disruptions and congestion, has underscored the strategic importance of the development. Officials stated that the underground design will support continuous movement of passengers, freight, defence personnel and emergency supplies, with advanced electrification, signalling and tunnelling technologies planned. The initiative aligns with broader efforts to strengthen transport infrastructure and optimise access to the North-eastern region.Read more
12 Feb 2026
Tamara Leisure Experiences has outlined a steady expansion plan to add nine new hospitality properties over the next three to four years, aiming to double its room inventory to 1,200. The company currently operates eight hotels and an AYUSH hospital, with a total of 600 rooms. Its upcoming projects span luxury eco-resorts, midscale leisure hotels, business travel formats, and destination-led offerings across South and East India. Several developments are already underway and are expected to become operational between 2028 and 2030.Read more
12 Feb 2026
Fire authorities in Lucknow have identified about 90 hotels operating without the mandatory fire safety no-objection certificates (NOCs). This follows a recent fire at an under-construction hotel in Gomtinagar, which triggered a large-scale firefighting operation but caused no casualties. Notices have already been served, and physical inspections are scheduled to begin soon. Hotels that fail to comply with prescribed safety standards risk administrative action, including fines, sealing, or closure. The incident highlights long-standing gaps in fire safety compliance across the city's hospitality sector.Read more
12 Feb 2026
Ride-hailing and electric vehicle firm Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru, reflecting broader operational recalibration amid increased integration of artificial intelligence (AI) and automation in its business processes. The space released includes about 1.12 lakh sq ft at Prestige RMZ Startech in Koramangala and roughly 60,000 sq ft at Infozone in Electronic City, where Ola runs a battery innovation centre. Sources said the move is part of internal consolidation and cost optimisation rather than an indication of weakness in Bengaluru's office market, which continues to attract demand from global consulting and capability centres. Ola continues to retain a significant office footprint in the city, including renewed leases for its core operations area, even as automation has reduced the need for larger call-centre and administrative workspaces.Read more
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12 Feb 2026
The Uttar Pradesh government has proposed an outlay of INR 2,111 crore for the civil aviation sector in its 2026-27 Budget, with a significant allocation of INR 750 crore for the development of the Noida International Airport in Jewar. The project's scope has been expanded from two to five runways, signalling long-term capacity planning. Additionally, INR 1,100 crore has been earmarked for the construction, expansion and strengthening of airstrips across the state, including land acquisition. The government aims to position Jewar as an aviation innovation and maintenance hub while enhancing regional connectivity under the Centre's scheme. The airport is nearing completion, with inauguration expected soon.Read more
12 Feb 2026
China Railway Construction Corporation (CRCC) has recently won multiple project bids totaling 45.1 billion yuan (USD 6.52 billion). The projects span various infrastructure developments, strengthening the company's position in China's construction sector. This follows CRCC's consistent track record of securing large-scale contracts, reflecting the ongoing demand for infrastructure expansion in China. Industry observers note that the company's strategic focus on rail and urban development projects has helped it maintain a leading market share. The new contracts are expected to significantly contribute to CRCC's revenue over the next few years.Read more
12 Feb 2026
The Kachchi Dargah Bidupur six-lane bridge project across the Ganga is nearing completion and is expected to open by April, strengthening road connectivity between north and south Bihar. Spanning nearly 20 km, the project links NH-30 in Patna with NH-103 in Vaishali and is designed to reduce traffic load on the Mahatma Gandhi Setu. With phased sections already operational, the remaining stretches are under close monitoring to ensure timely completion and smoother regional movement.Read more
12 Feb 2026
The Brihanmumbai Municipal Corporation has stepped up recovery of long-pending property tax dues by issuing attachment notices to several high-value defaulters across Mumbai. The action targets real estate developers and commercial entities with outstanding dues running into multiple crores, including one case exceeding INR 140 crore. The notices were issued after repeated reminders and final demand notices failed to yield results. Under civic law, the BMC can seize movable assets and proceed with property auctions if dues remain unpaid.Read more
12 Feb 2026
ACME Solar Holdings has won a 220 MW solar project with integrated battery energy storage at the Morena Solar Park in Madhya Pradesh. The project is part of a 440 MW tender issued by Rewa Ultra Mega Solar Ltd under tariff-based competitive bidding. It includes four hours of daily peak power supply with high availability and a 25-year power purchase agreement. Land and evacuation infrastructure will be provided by the solar park developer, supporting long-term renewable energy supply for the state.Read more
12 Feb 2026
Larsen and Toubro (L&T) has won a major contract for transport infrastructure development in Dubai, marking another international milestone for the company. The project involves Phase-1 of a road upgrade on Latifa Bint Hamdan Street, improving the corridor between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). The work will expand the current two-lane dual carriageway into a four-lane dual carriageway in each direction, aiming to enhance traffic flow and network capacity. The Transportation Infrastructure division will execute the project, scheduled to be completed over 36 months.Read more
12 Feb 2026
Maharashtra has secured a higher allocation under the Union Budget, with INR 89,855.80 crore earmarked for tax devolution in 2026&27, according to Union Minister Nitin Gadkari. The state has seen a steady rise in central support since 2014, alongside major investments in metro rail, railways and station redevelopment. Ongoing projects include Nagpur Metro expansions, railway works worth INR 1.70 lakh crore and redevelopment of 128 stations. The budget also focuses on reducing logistics costs and boosting infrastructure-led growth.Read more
12 Feb 2026
The Maharashtra State Road Development Corporation (MSRDC) has announced stricter safety regulations governing the movement of hazardous cargo on the Mumbai-Pune Expressway, aiming to reduce risks following a prolonged tanker accident that caused major disruption. Under the revised norms, consigners and consignees of highly flammable and dangerous goods will now be held directly accountable for safety compliance throughout transit. MSRDC will work closely with highway police and commodity firms to tighten checks and introduce a specialised emergency traffic management plan for hazardous consignments, as directed by the state's deputy chief minister. Officials also said a committee chaired by a senior expert will review the recent incident to recommend corrective measures and standard operating procedures. The move follows scrutiny of emergency response gaps revealed during the extensive delay caused by a tanker overturning on the expressway.Read more
12 Feb 2026
Saudi Arabia has announced a major investment package in Syria, signaling strong support for the country's new leadership under President Ahmed al-Sharaa. The package includes $2 billion for airport development in Aleppo, a joint venture airline with flynas, and nearly $800 million for telecommunications infrastructure. Additional cooperation covers energy and water projects. This comes after U.S. sanctions on Syria were lifted, allowing Riyadh to increase engagement. Analysts note the investments are part of a broader effort to rebuild Syria's economy after years of conflict.Read more
12 Feb 2026
Kochi Metro Rail Limited (KMRL) has entered a memorandum of understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru, to undertake collaborative research and pilot projects aimed at enhancing sustainable urban mobility and public transport systems. The partnership will combine Kochi Metro's operational experience in multimodal transport including Metro, Water Metro and canal-based services with IISc's advanced, data-driven research capabilities. Focus areas will include sustainable mobility planning, transport operations and the application of emerging technologies such as artificial intelligence, internet of things, blockchain, simulation modelling and intelligent decision-support systems to solve real-world urban challenges. Officials highlighted that the research will promote evidence-based transport solutions to improve public health, accessibility, congestion management, emissions reduction and climate resilience, with Kochi envisaged as a testbed for developing scalable urban mobility models.Read more
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