22 Jan 2026

New Zealand-based Fletcher Building has agreed to divest its construction division to France's VINCI Construction for NZD 315.6 million, with the consideration potentially rising to NZD 334.1 million subject to the finalisation of certain contracts. The sale forms part of Fletcher Building's broader strategic reset after recent earnings pressure and operational challenges within its construction business. The division includes Higgins, Brian Perry Civil and Fletcher Construction Major Projects. The transaction remains subject to regulatory approvals and is expected to close by the end of calendar 2026.Read more

22 Jan 2026

Rays Power Infra has secured an INR 1,912 crore order from a public sector entity to develop a 300 megawatt renewable energy project in Karnataka, further strengthening its position in India's fast-growing clean energy sector. The project will be developed within an upcoming renewable energy park and is scheduled for commissioning over the next three years. With this addition, the company's total order book has crossed INR 8,000 crore, reflecting strong momentum in utility-scale renewable energy development.Read more

21 Jan 2026

Embassy Developments has announced an investment of USD 495 million to develop three luxury residential projects in and around Mumbai, underlining its strategic expansion into India's most expensive and competitive real estate market. The projects, planned across Worli, Juhu and the nearby coastal destination of Alibaug, are expected to generate total revenues of about USD 1.32 billion upon completion. The move comes amid rising demand for premium housing driven by the growing population of high-net-worth individuals in India. Company leadership has emphasised a selective, conviction-led development strategy focused on quality rather than volume.Read more

21 Jan 2026

Lodha Developers Ltd has announced a massive INR 1.3 lakh crore investment to develop a 2.5 gigawatt data centre park near Mumbai, marking one of the largest infrastructure commitments in India's digital economy. The project, backed by a fresh memorandum of understanding with the Maharashtra government signed at the World Economic Forum in Davos, builds on an earlier commitment made in 2025. Planned at Lodha's Palava township, the park is expected to become the largest data centre cluster in the country, hosting global and domestic hyperscalers. The investment underscores Maharashtra's ambition to position itself as a leading data infrastructure hub while generating large-scale employment and supporting India's rapid digital transformation.Read more

21 Jan 2026

ACME Solar has started operations of a 68 MW wind energy capacity at its 100 MW project located in Surendranagar, Gujarat. The project is being developed in phases through its subsidiary, ACME Eco Clean Energy Pvt Ltd. The latest commissioning added 12 MW, taking the operational capacity to over two-thirds of the planned size. Power generated from the project will be sold under a long-term 25-year power purchase agreement with Gujarat Urja Vikas Nigam Limited. The project has received financial backing from Power Finance Corporation.Read more

21 Jan 2026

Crest Urban Living Private Limited, a wholly owned subsidiary of Crest Ventures Limited, has entered into a joint development agreement with Vensco Group to develop 'Crest Golfshire', a golf course-facing luxury mixed-use residential project in Chembur, Mumbai. Spread over about 2.7 acres opposite the Bombay Presidency Golf Course, the project has an estimated gross development value of around INR 1,850 crore. The development will offer nearly 5 lakh sq ft of saleable area comprising premium 3 BHK and 4 BHK homes with permanent green views. Crest Golfshire marks Crest's entry into golf-oriented luxury housing in Mumbai and is positioned to benefit from improving connectivity and infrastructure in the eastern suburbs.Read more

20 Jan 2026

Sunteck Realty Limited is set to launch the first phase of an ultra-luxury residential development in Goregaon West with an initial investment of INR 1,250 crore. Spread across a prime three-acre land parcel, the 42-storey project carries a total gross development value of around INR 3,000 crore and is positioned as a landmark offering in Mumbai's western suburbs. Designed by internationally acclaimed architect James Law, the development combines ultra-luxury residences with premium commercial, retail, and fine-dining spaces, creating a future-ready mixed-use ecosystem.Read more

20 Jan 2026

West Bengal Housing Infrastructure Development Corporation Ltd (HIDCO) has announced an e-auction of prime commercial land parcels in the Central Business District (CBD) of New Town, Kolkata, inviting bids from eligible corporate bodies. Two freehold commercial plots, one measuring about 10 acres and another approximately 3.9 acres, are being offered with starting bid prices of INR 353.3 crore and INR 138.9 crore respectively. Bidders must begin construction within a year of taking possession, and any change in planned land use is not permitted, underscoring the state's intent to fast-track structured commercial development in the rapidly expanding township. The move reflects ongoing efforts to unlock land assets and stimulate investment in Kolkata's growing urban real estate market, building on broader initiatives to develop New Town into a major commercial and economic hub.Read more

20 Jan 2026

Realty firm Nirala World has announced an investment of around INR 80 crore to develop a premium commercial project, Nirala 154, along the Noida Greater Noida Expressway. Spread across 1.1 acres, the project will have a total leasable area of about 2 lakh square feet and is being developed on a pure leasing model to generate steady long-term rental income. The company expects the project to be completed by January 2028 and, once operational, to generate monthly lease rentals of approximately INR 1.5-2 crore. The development marks Nirala World's second commercial project in the Noida Greater Noida region and aligns with its strategy of strengthening its presence in income-generating commercial real estate alongside residential developments in Delhi-NCR.Read more

20 Jan 2026

K Raheja Corp has announced plans to develop a global school on a 1.18-acre land parcel in Juinagar, Navi Mumbai, as part of its large mixed-use development in the region. The international school, with a built-up area of around 1.8 lakh sq ft, will offer education up to Class 12 and is expected to commence its first academic session within the next three to four years. While the company has not disclosed the total investment for the project, the initiative underlines its focus on creating integrated urban ecosystems that combine education, workplaces, residences and lifestyle infrastructure. The school will form a key social infrastructure component of the developer's over 50-acre mixed-use township in Navi Mumbai.Read more