04 Jan 2026
Gautam Buddh Nagar stayed under national attention as infrastructure delays, legal rulings and civic issues influenced the district's trajectory. The Noida International Airport project faced further postponements, with authorities indicating commercial operations would begin in early 2026. Metro expansion plans continued through approval stages, keeping connectivity expectations alive. High-profile court decisions related to long-pending criminal cases brought renewed focus on the district. Environmental concerns, rising crime cases and administrative developments also shaped public discourse, while Greater Noida strengthened its position as an exhibition and business hub during the year.Read more
04 Jan 2026
KPI Green Energy has received charging and energisation approval for 32.40 MW of solar and hybrid power projects, enabling their connection to the main electricity grid. The projects were developed for clients through the company's subsidiary under its captive power producer segment. Such approvals are issued by grid operators after technical parameters are met and are essential for projects to commence power supply. The approval has been granted in the names of the respective clients, reinforcing the company's progress in operationalising its renewable energy portfolio.Read more
04 Jan 2026
Silverstorm Parks and Resorts Limited has filed its draft prospectus with the BSE SME platform to raise funds through an initial public offering of up to 62,00,000 equity shares. The company plans to use the proceeds for developing a snow park and family entertainment centre in Lucknow, upgrading its existing theme park, repaying certain borrowings, and meeting general corporate needs. In FY25, Silverstorm reported consolidated revenue of INR 3,100.12 lakh and profit after tax of INR 971.07 lakh, with stable performance continuing in the current year.Read more
04 Jan 2026
KEC International has announced new order wins worth INR 1,050 crore across its renewable energy, civil construction, transmission and distribution, and cables businesses. The renewables arm secured its first wind energy order for a 100+ MW Balance of Plant project in southern India. Civil works include an industrial project for a major steel player in western India, while transmission and cable orders span India and overseas markets. The company's total order intake for the year so far has reached INR 19,300 crore.Read more
04 Jan 2026
The Lucknow Development Authority (LDA) has introduced a new digital system called FastPass to significantly reduce the time required for approving building plans. The initiative allows eligible residential and small commercial projects to receive instant approvals through an online self-certification process. By removing the need for routine physical inspections, the system aims to cut delays, improve transparency, and reduce applicant interaction with officials. FastPass is part of LDA's broader effort to modernise approval mechanisms and streamline compliance under updated building bylaws.Read more
03 Jan 2026
Belagavi's flyover project is set to proceed after authorities decided to seek public and stakeholder feedback before finalising design and alignment. Although the project has received cabinet approval, officials have scheduled consultations to ensure community concerns are addressed. The elevated corridor will be constructed in three phases, covering major city junctions and aiming to manage traffic efficiently. Alongside, authorities are planning new waste dumping sites to tackle overburdened existing facilities. The project reflects a structured approach to improving urban infrastructure while considering local stakeholder inputs.Read more
03 Jan 2026
The Reserve Bank of India (RBI) has eased the proposed risk-weight framework for infrastructure loans given by non-banking financial companies (NBFCs) after consulting the industry. The definition of high-quality projects now includes those generating revenue from concessions or contracts awarded by central or state governments, public sector entities, or statutory bodies. Repayment thresholds for lower risk weights have been significantly reduced, helping NBFCs manage capital requirements. Key safeguards, including termination protection clauses, remain unchanged. The new norms will take effect from April next year, with optional early adoption available.Read more
03 Jan 2026
The National Highways Authority of India (NHAI) has revised its list of national highway assets for potential acquisition by the National Highways Infra Trust (NHIT) under its FY26 monetisation plan. The updated portfolio includes 24 road assets totaling approximately 1,472 km, including key stretches in Maharashtra and Andhra Pradesh. NHAI aims to raise INR 30,000-40,000 crore through a mix of Toll-Operate-Transfer (TOT) bundles and InvIT transfers. The plan aligns with the 2025 monetisation strategy, which seeks stable non-budgetary funding and reduced debt reliance to support future highway construction and development.Read more
03 Jan 2026
India's premium housing market experienced strong growth in 2025, with capital values rising by up to 36% across major cities, primarily driven by under construction projects. Mumbai, Noida, Gurugram, and Bengaluru recorded notable appreciation due to improved infrastructure, connectivity projects, and sustained end user demand. Completed homes also saw steady gains, while rental values increased sharply across urban centers due to limited supply. Luxury segments, especially in central and south Mumbai, and growth corridors in Bengaluru and Noida, attracted buyer attention. Analysts expect steady price growth to continue, supported by timely project delivery and evolving buyer preferences.Read more
03 Jan 2026
The Union Cabinet has approved a INR 1,526.21 crore project to upgrade a 243-km stretch of NH 326 from Mohana to Koraput in southern Odisha. The project will convert the existing two-lane road into a two-lane highway with paved shoulders under the EPC model, addressing sub-standard lane widths, sharp curves, and steep gradients. It aims to improve safety, reduce travel time by 2.5-3 hours, strengthen freight movement, and connect industrial, logistics, educational, and healthcare hubs, while linking NH 326 to NH 26, NH 59, NH 16, Gopalpur port, Jeypore airport, and nearby railway stations.Read more
03 Jan 2026
Indian Railways is set to introduce the country's first Vande Bharat sleeper train on the Kolkata Guwahati route later this month. The 16-coach fully air-conditioned train has completed testing and certification, and will be inaugurated by Prime Minister Narendra Modi. It offers 823 berths across 3AC, 2AC, and First AC classes, with fares significantly lower than air travel. The train features modern safety systems, improved suspension, automatic doors, upgraded toilets, and regional cuisine onboard, marking a key step in enhancing long-distance overnight rail travel in India.Read more
03 Jan 2026
The Union Cabinet has approved the development of a six-lane, access-controlled greenfield highway corridor connecting Nashik, Solapur and Akkalkot in Maharashtra at an estimated cost of INR 19,142 crore. The project will be implemented on a build-operate-transfer (toll) basis and is designed to significantly cut travel time and distance across the region. By linking key expressways and national highways, the corridor is expected to improve freight movement, strengthen regional connectivity, and support economic activity across several districts in the state.Read more
03 Jan 2026
At least nine people have died and over 200 have been hospitalised in Indore following a diarrhoea outbreak linked to contaminated drinking water, according to local authorities. The illness was traced to a leak in a water pipeline in the Bhagirathpur area, where tests confirmed bacterial contamination. Health officials said most patients are receiving treatment across city hospitals, while final test reports are awaited. Authorities have repaired the leakage point, deployed medical teams for door-to-door health checks, and distributed chlorine tablets to residents. Thousands have been screened so far, with several cases showing mild symptoms. The incident has raised concerns despite Indore's reputation as India's cleanest city.Read more
03 Jan 2026
The Calcutta High Court has permitted the Kolkata Municipal Corporation to undertake repair and maintenance work on buildings deemed unsafe, even as civil litigation remains pending between the property owners and the civic body. The order enables the corporation to carry out structural rectification to ensure safety and prevent potential hazards, particularly in densely populated neighbourhoods. The ruling underscores the court's emphasis on protecting life and property, balancing legal rights with urgent civic responsibilities. While the civil dispute continues to be adjudicated separately, the civic agency has been authorised to proceed with remedial works to avert risks associated with deteriorating structures.Read more
02 Jan 2026
Kalpataru Projects International Ltd (KPIL) has secured a new order worth INR 719 crore in its urban infrastructure business, further strengthening its position in India's fast-expanding urban mobility segment. The order pertains to an elevated metro rail project in Thane, Maharashtra, highlighting growing investments in metro rail networks across major cities. The win reinforces KPIL's capabilities in executing complex engineering, procurement and construction (EPC) projects in urban transportation. With infrastructure-led growth gaining momentum, the latest contract adds to the company's strong order book and underlines its focus on metro rail, flyovers and other urban mobility solutions in India and overseas.Read more
02 Jan 2026
The Tiruchirappalli City Municipal Corporation has taken decisive action against contractors responsible for delays in smart city development works, issuing penalty notices and pressurising timely completion of ongoing infrastructure projects. The action follows concerns over missed deadlines on key components of the smart city initiative, which aims to improve urban amenities, traffic management and public utilities. Corporation officials have emphasised adherence to contractual timelines and quality standards, warning that continued non-compliance will result in further punitive measures. The drive underscores the civic body's commitment to accelerating smart city outcomes and addressing bottlenecks in project delivery, with a renewed focus on accountability and execution efficiency.Read more
02 Jan 2026
Chhattisgarh Chief Minister Vishnu Deo Sai has said that several long-pending infrastructure and energy projects in the state are now being completed in a time-bound and effective manner through the IT-based PRAGATI monitoring platform. He highlighted that projects such as the modernisation of the Bhilai Steel Plant and the NTPC Lara Super Thermal Power Project have gained renewed momentum due to real-time tracking, inter-agency coordination and continuous reviews under PRAGATI. According to the Chief Minister, the platform reflects a result-oriented governance approach and has strengthened energy security, industrial growth and employment generation in Chhattisgarh.Read more
02 Jan 2026
CapitaLand India Trust has announced plans to divest a 20.2% equity stake in three data centres for approximately INR 702 crore, marking a strategic capital recycling move. The divestment involves a partial sell-down in assets under the trust's data centre portfolio. Proceeds from the transaction are expected to strengthen the trust's balance sheet and support future acquisitions or growth initiatives across its diversified real estate portfolio. The move reflects broader industry trends where data centre assets are increasingly attracting investor interest due to robust demand for digital infrastructure. The remaining 79.8% stake will continue to be held by CapitaLand India Trust after the transaction.Read more
02 Jan 2026
The Gujarat government has approved the establishment of the Indian AI Research Organisation (IAIRO) at GIFT City, aimed at strengthening artificial intelligence research and development. The institution will be set up under a public-private partnership involving the state government, the Union government and the Indian Pharmaceutical Alliance, and will operate as a non-profit special purpose vehicle from early January 2026. An estimated budget of around INR 300 crore has been earmarked for the first five years, with funding shared equally among the three partners. IAIRO will focus on advanced R&D, creation of AI-based products and solutions, collaboration with academia and industry, and capacity building to support India's AI ecosystem.Read more
02 Jan 2026
The Lucknow Development Authority (LDA) has carried out a significant enforcement action, dismantling 12 illegal structures across the city in a bid to uphold planning regulations and protect public land. The crackdown targeted unauthorised buildings that had been erected without requisite approvals or in violation of sanctioned land use, including encroachments on roadsides and open spaces. LDA officials said the action forms part of ongoing efforts to prevent unauthorised real estate activity and to ensure orderly urban development. The authority has reiterated its commitment to continued monitoring and enforcement, warning that future violations will be acted upon promptly under applicable planning and municipal laws.Read more