24 Jan 2026
India's megacities are fast emerging as the primary engines of economic growth, demographic transition and real estate expansion. With urbanisation projected to rise from nearly 38 per cent today to about 50 per cent by 2040, cities such as Mumbai, Delhi-NCR, Bengaluru, Hyderabad and Pune are witnessing sustained population inflows driven by employment opportunities, infrastructure development and lifestyle aspirations. This migration is not cyclical but structural, supported by a young population and expanding urban economies. Real estate, contributing 7-8 per cent to GDP, sits at the core of this transformation, shaping residential, commercial and mixed-use development patterns. While infrastructure investment and redevelopment opportunities are unlocking long-term value, challenges around affordability, density and planning persist. How effectively India manages megacity growth today will define its urban and economic future.Read more
23 Jan 2026
Mumbai's Metro 6, connecting Andheri (W) to Vikhroli, is expected to begin operations around October 2026 without waiting for the Kanjurmarg car depot. MMRDA plans to use an elevated eight-lane corridor with pit lines at Vikhroli for routine rake maintenance, while major overhauls will be handled at the Mandale depot. The Kanjurmarg depot, with a cost of INR 509 crore, will include workshops, stabling lines, and an operations centre, but is delayed due to land procedures. Initially, six to eight rakes will run at intervals of six to eight minutes along the 15.31-km corridor.Read more
23 Jan 2026
IRB Infrastructure and Developers has started toll collection on two major highway sections in Uttar Pradesh, covering Lucknow-Ayodhya-Gorakhpur (NH-27) and Lucknow-Sultanpur (NH-731). This follows an upfront payment of INR 9,270 crore to NHAI and completion of financial closure. Managed through the project SPV, IRB Harihara Corridors, the highways will operate under a 20-year revenue-linked concession. The corridors connect key cultural and religious cities, enhancing travel safety and regional development. IRB Infra, India's largest private toll road developer, manages assets of around INR 94,000 crore across 13 states.Read more
23 Jan 2026
India has crossed five lakh circuit kilometres of high-voltage electricity transmission lines, marking a significant step in strengthening its power infrastructure. The milestone was achieved after a new 765 kV line in Rajasthan became operational, enabling additional evacuation of renewable energy from major solar zones. Since 2014, the transmission network has expanded sharply, boosting transformation and inter-regional transfer capacity. Ongoing transmission projects are expected to further support renewable energy growth and help meet the national target of 500 GW of clean energy by 2030.Read more
23 Jan 2026
DLF Ltd has reported a 14% year-on-year increase in its consolidated net profit for the December quarter of FY26, supported by a sharp rise in total income. The country's largest listed real estate developer posted a net profit of INR 1,203.36 crore for the October-December period, compared with INR 1,058.73 crore in the corresponding quarter of the previous financial year. Total income for the quarter rose to INR 2,479.54 crore, up from INR 1,737.47 crore a year earlier, reflecting improved operational performance across its core business segments. DLF is engaged in the development of residential, office, and retail assets and continues to remain a key bellwether for India's organised real estate sector. The latest quarterly results highlight stable profitability amid a market that has seen selective demand and tighter capital discipline.Read more
23 Jan 2026
Eternal Ltd, the parent company of Zomato, has agreed a lease for a substantial commercial office space of 2,78,249 sq ft in Intellion Park, Sector 59, Gurugram, with a monthly rent payment of roughly INR 2.33 crore, according to lease deed documents. The transaction covers seven floors the ground level and floors four through nine under a lease running just under five years, which began in October 2025. The agreement includes a three-year lock-in clause, a 15% rent escalation after three years, and a rent-free fit-out period of six months and 14 days to facilitate tenant customisations before rent payments commence. A security deposit equivalent to six months rent has been paid, and the premises will provide 371 dedicated car parking spaces, calculated on the basis of one parking slot per 750 sq ft. The lease reflects strong occupier demand in Gurugram's commercial office market.Read more
23 Jan 2026
Airbus will showcase a broad range of commercial aircraft and helicopters at Wings India 2026 in Hyderabad, highlighting solutions aligned with India's fast-growing aviation market. The static display will feature the A321neo and A220, underlining Airbus's focus on efficient domestic and regional connectivity. In the rotary segment, the H160 and H125 helicopters will be showcased, with the H125 linked to local assembly in Karnataka under the Make in India initiative. Visitors will also see models of the A321XLR and H145, a virtual reality H125 simulator, and Airbus's lifecycle services and sustainability roadmap. The showcase reinforces Airbus's strong manufacturing, sourcing and talent engagement presence in India.Read more
23 Jan 2026
State-owned National Highways Authority of India (NHAI) and Konkan Railway Corporation Ltd (KRCL) have signed an umbrella memorandum of understanding to strengthen integrated infrastructure development across the country. The agreement focuses on closer coordination between road and rail planning, particularly in difficult and challenging terrains where joint solutions can improve efficiency, safety and economic outcomes. Key areas of collaboration include rail-cum-road bridges, tunnels, multi-modal logistics parks, inter-modal hubs and grade separators at locations where highways intersect or run alongside railway lines. The partnership will also allow NHAI to leverage KRCL's experience in complex bridge and tunnel projects, safety audits and slope stabilisation, while jointly adopting advanced technologies and digital tools to enhance project monitoring, asset management and overall infrastructure delivery.Read more
23 Jan 2026
Resident Welfare Associations (RWAs) in Gurugram have urged the government to take responsibility for constructing stalled 24-metre internal sector roads in newly developed sectors adjoining the Dwarka Expressway, citing long-standing gaps in land acquisition that have left key link roads incomplete and homes dependent on narrow village routes for access. At a press conference under the Dwarka Expressway Gurgaon Development Association (DXP GDA) banner, residents highlighted bottlenecks in Sectors 112, 99A and 109, where stretches of planned arterial roads remain unfinished because small parcels of land have not been acquired. RWAs argue these missing internal links undermine connectivity, affect daily commuting, and reduce safety for thousands of residents. Government planning officials clarified that internal roads fall under developers obligations, but said the issue could be examined at the policy level.Read more
23 Jan 2026
The Delhi government is accelerating the expansion of the Delhi Metro network under Phase IV to reduce road congestion, cut pollution and improve urban mobility. Funding has been cleared for three new corridors spanning about 47.2 km, with a total project cost of INR 14,630.80 crore, including the Delhi government's share of INR 3,386.18 crore. The corridors will connect Lajpat Nagar Saket G-Block, Inderlok Indraprastha, and Rithala Kundli, strengthening access across south, north and central Delhi and extending into neighbouring regions. The expansion aims to encourage a shift to public transport, ease traffic pressure and support cleaner travel. Construction and tendering are underway, with completion targeted within four years.Read more
23 Jan 2026
Skanska AB has secured the contract for the second phase of a hospital project in Turku, Finland, with a project value of around EUR 50 million or nearly SEK 540 million. The development is part of a broader effort to upgrade healthcare infrastructure in the city. Skanska will handle core construction works, adhering to Finland's strict healthcare building standards. The project adds to the company's Nordic portfolio, where healthcare developments continue to see steady public investment.Read more
22 Jan 2026
Madinet Masr for Housing and Development has signed a memorandum of understanding with Aboelwafa for Contracting and Real Estate Investment to execute construction works worth about EGP 3.3 billion at its Taj City project. The agreement covers the construction of around 40 residential buildings along with supporting infrastructure. The works are planned to be completed by the end of 2027. The move reflects Madinet Masr's ongoing focus on advancing phased development at Taj City through strategic contractor partnerships.Read more
22 Jan 2026
Rays Power Infra Limited has been awarded a 300 MW renewable energy project by a Maharatna PSU, adding INR 1,912 crore to its order book of over INR 8,000 crore. The project, to be built in Karnataka under the Co-Development Business Model, will cover land acquisition, ISTS connectivity, and complete EPC execution. Modules will be sourced from the company's upcoming solar cell facility in Madhya Pradesh. With a diversified portfolio of 11,665 MWp and ongoing expansion, Rays Power continues to strengthen its position in India's renewable energy sector.Read more
22 Jan 2026
The Delhi Metro Rail Corporation (DMRC) has completed the relocation and reconstruction of the Park Street Electric Receiving Sub Station (RSS), strengthening power supply for Delhi's expanding metro network. Originally built in 2010, the substation was dismantled to enable the Central Vista redevelopment and rebuilt on alternate land provided by CPWD. The upgraded RSS will support existing corridors and the upcoming Central Vista Metro line between Indraprastha and R K Ashram Marg. Designed for future demand, it features modern transformers, GIS panels, automation systems and energy-efficient infrastructure. Enhanced safety and fire protection systems have also been installed, ensuring reliable and uninterrupted power for current and future metro operations.Read more
22 Jan 2026
L&T Vyoma has started construction of a 40 MW green, AI-ready data centre in Mahape, Navi Mumbai, the first phase of a 100 MW campus. The facility will support enterprise, build-to-suit, and NeoCloud workloads with high-density computing for AI and critical applications. It will feature liquid cooling for thermal efficiency and integrate renewable energy for low-carbon operations. The project strengthens L&T Vyoma's colocation portfolio and aligns with its three-pillar strategy. It also forms part of a national expansion plan to achieve over 200 MW across major digital hubs.Read more
22 Jan 2026
Bank of Baroda and IIFCL have signed an agreement to jointly finance and syndicate loans for a wide range of infrastructure projects in India. The partnership aims to accelerate key infrastructure developments, with a focus on sectors like transportation, energy, and urban development. IIFCL emphasizes long-term and sustainable funding, targeting green finance, MSMEs, and rural projects to promote inclusive growth. With Bank of Baroda's extensive network, the collaboration seeks to offer innovative financing solutions that support India's growing infrastructure needs.Read more
22 Jan 2026
The Adani Group has announced an investment plan of over INR 6 lakh crore spanning aviation, clean energy, urban infrastructure, digital platforms and advanced manufacturing. Presented at the World Economic Forum in Davos, the roadmap covers projects across Maharashtra, Assam and Jharkhand. Key initiatives include aviation and renewable energy projects in Assam, major urban and airport-linked developments in Maharashtra, and investments in data centres, hydropower, manufacturing and energy transition. The strategy reflects a move towards integrated, technology-led infrastructure platforms aligned with national growth priorities.Read more
22 Jan 2026
Maharashtra has signed five MoUs at the World Economic Forum in Davos, including four with Singapore-based firms, to advance the Raigad Pen Smart City project under the Mumbai 3.0 mission. The project, located near the Navi Mumbai International Airport, will be developed through a joint venture model involving private land acquisition and public development. Planned as a major business district focused on fintech and Global Capability Centres, the project is expected to expand up to 1,000 acres and support wider economic growth across Maharashtra.Read more
22 Jan 2026
The Punjab government has approved plans to modernise bus terminals in Ludhiana, Jalandhar, Sangrur, Patiala and Bathinda to improve public transport facilities and commuter experience. The upgrades will be carried out through Public-Private Partnership (PPP) models under the leadership of Chief Minister Bhagwant Singh Mann. With terminals in Ludhiana and Jalandhar handling up to 1 lakh passengers daily, the initiative focuses on easing congestion and improving efficiency. Planned improvements include better waiting areas, upgraded sanitation, organised boarding, improved safety, lighting and parking facilities, along with barrier-free access. The revamped terminals are also expected to function as integrated urban hubs with commercial amenities, supporting smoother, safer and more convenient travel across key districts in Punjab.Read more
22 Jan 2026
KPI Green Energy recorded strong financial performance in the quarter ended December 31, 2025, with consolidated net profit rising nearly 48 per cent to INR 125.80 crore. The growth was driven by a sharp increase in total income, which climbed to INR 676.05 crore from INR 466.09 crore a year earlier. Expenses also moved up during the quarter due to higher operational activity. Alongside the results, the company announced a third interim dividend of INR 0.20 per share for FY26.Read more