Hyderabad News Desk

13 Feb 2026

Builders and realtors in Telangana have approached the state government seeking permission for farmhouse plotting in conservation and bio conservation zones around Hyderabad. They proposed minimum plot sizes, building coverage limits, and height restrictions to ensure planned development, curb unregulated layouts, and generate state revenue. Under current rules, land in GO 111 areas like Moinabad, Shankarpally, Mokila, and Gandipet remains agricultural, and construction requires a land-use change. Officials said these suggestions could be reviewed under unified building rules, even as concerns persist about protecting environmentally sensitive zones.Read more

12 Feb 2026

Sri Lotus Developers and Realty Ltd has been appointed as the developer for a redevelopment project in Lokhandwala, Mumbai, as disclosed in a regulatory update during the past week. The project adds to the company's presence in Mumbai's redevelopment-driven residential market, particularly in the western suburbs. Lokhandwala has seen consistent redevelopment activity due to ageing buildings and limited land availability. Although project size and financial details were not disclosed, the appointment aligns with the broader trend of developers focusing on urban renewal projects in established residential areas.Read more

Gurugram News Desk

12 Feb 2026

A Gurgaon-based real estate firm has entered the corporate insolvency resolution process after a default claim of approximately INR 274 crore was raised by IDBI Trusteeship Services on behalf of non-convertible debenture holders. The claim covers principal, interest, default interest, and a fixed redemption premium, secured against land in Harsaru, Gurgaon. The developer has contested the default, stating that the NCD redemption dates were extended with consent from the investment manager, making the petition premature. The National Company Law Tribunal appointed an interim resolution professional to manage the proceedings.Read more

12 Feb 2026

Ashiana Housing Ltd has sold 242 units in its kid-centric residential project, Ashiana Aaroham Phase 1 and Phase 2, in Gurugram, achieving a total booking value of INR 767.23 crore. The developer converted Expressions of Interest (EOIs) into confirmed bookings beginning February 7, 2026, with the process currently underway. The booked inventory represents a saleable area of approximately 5.03 lakh sq ft. The first two phases of the project comprise 364 apartments. With these transactions, the company has crossed INR 2,000 crore in area booked during the current financial year, reflecting sustained demand across its portfolio. Ashiana Housing has delivered over 23 million sq ft across multiple cities.Read more

12 Feb 2026

Ashiana Housing has acquired about 8.83 acres of land in Wavarle, Raigad district, Maharashtra, for a new senior living community covering approximately 4.50 lakh sq ft of saleable area. Alongside, the company partnered with Epoch Elder Care, which will manage operations at its Ashiana Care Homes facility in Bhiwadi, including a 48-bed campus for assisted living and chronic care. This acquisition reinforces Ashiana's strategy to strengthen its senior living segment, complementing its broader residential portfolio across cities such as Pune, Bhiwadi, Jaipur, and Chennai.Read more

12 Feb 2026

Reliance MET City, a wholly owned subsidiary of Reliance Industries, has started developing Metropolis, an integrated mixed use township in Daryapur, Jhajjar district, Haryana. The first phase covers around 100 acres of a 140 acre plan combining residential plots, industrial plots, and future group housing. Residential plots range from 112 to 179 square yards and are priced between INR 99,000 and INR 110,000 per square yard. The project is self funded, with construction and infrastructure works already underway, targeting families and businesses in the National Capital Region.Read more

11 Feb 2026

Apogee Aerospace has placed an order worth INR 3,500 crore for 15 Albatross 2.0 amphibian aircraft from Australia's Amphibian Aerospace Industries. The deal includes a planned INR 500 crore investment by Apogee to set up manufacturing, maintenance, training and systems integration facilities in India. The aircraft can operate from land and water and seat up to 28 passengers. Apogee has also been named AAI's exclusive partner for defence and government programmes across the Indian subcontinent, with deliveries expected within 18 to 24 months.Read more

10 Feb 2026

ACME Solar has won a 301 MW firm and dispatchable renewable energy project from SECI under the FDRE-VII tender. The project integrates solar, wind and battery storage to ensure reliable power supply during non-solar hours, with defined monthly and annual availability requirements. Awarded through an e-reverse auction earlier this week, the project is awaiting a formal Letter of Award. Following this win, ACME Solar's total contracted capacity has reached 8,071 MW across multiple renewable and round-the-clock power segments. ICRA has also assigned an AA-/Stable rating to its Sikar unit's INR 1,209 crore debt.Read more

10 Feb 2026

Serentica Renewables has secured a 600 MW project under India's FDRE VII assured peak tender, marking the largest single-location BESS installation in the company's history. The project will deliver 2,400 MWh of daily peak power through a combined solar and battery system, ensuring energy supply during non-solar hours to meet evening peak demand. With strict monthly and annual demand fulfilment ratios, the initiative strengthens grid reliability and supports India's renewable energy transition. Established in 2022, Serentica focuses on providing dispatchable clean energy to decarbonise critical sectors.Read more

10 Feb 2026

Mahindra Lifespace Developers Ltd has entered into a joint venture with Japan's Mitsui Fudosan Group to develop a premium residential project in Whitefield, Bengaluru. The project, named Mahindra Blossom, marks the first development under the strategic partnership and will comprise around 730 homes. While the company has not disclosed the total project cost or expected revenue, it said the collaboration aims to integrate Mitsui Fudosan's global expertise in design, sustainability and customer experience into Indian residential development. The Japanese developer views India as an attractive residential market driven by economic growth and urbanisation, with the project representing its entry into the country's housing sector. Mahindra Lifespace continues to expand its residential and integrated development footprint across multiple Indian cities.Read more