26 Dec 2025

Realty firm J Estates has forayed into the senior living housing segment with the acquisition of three land parcels in Gurugram, where it plans to develop more than 450 homes for elderly residents. Spread across over eight acres, the three upcoming premium projects are expected to generate a combined Gross Development Value (GDV) of around INR 2,100 crore. The move marks a strategic diversification for the company as it taps into the growing demand for purpose-built senior housing in India. J Estates said the projects will focus on creating thoughtfully designed living environments that promote well-being, social interaction, and peace of mind for senior citizens, a segment expected to gain prominence in the coming years.Read more

26 Dec 2025

Concord Control Systems wholly owned subsidiary, Advanced Rail Controls, has secured a major contract from Indian Railways valued at approximately INR 139.32 crore for a locomotive wireless control system. The project involves the supply, installation and commissioning of the system and will be executed over a period of 18 months. This order strengthens the company's footprint in railway signalling and control technologies and adds depth to its growing order book. The contract aligns with Indian Railways ongoing focus on modernisation, safety enhancement and operational efficiency through advanced digital and communication-led solutions across its vast rail network.Read more

Delhi News Desk

26 Dec 2025

Delhi's Municipal Corporation is moving quickly to establish its fifth construction and demolition (C&D) waste processing plant at Tehkhand to strengthen waste management and reduce dust pollution. The seven-acre site will be handed over to the selected contractor on January 1, 2026, and the plant is expected to be operational in about a year, following required approvals. Initially processing 1,000 tonnes daily, capacity will later increase to 2,000 tonnes. Once functional, the facility will raise Delhi's total C&D processing capacity to 5,500-6,000 tonnes daily and support waste disposal across all 250 civic wards.Read more

26 Dec 2025

ArcelorMittal has announced plans to invest about USD 900 million (approximately INR 8,145 crore) in three renewable energy projects in India with a combined nominal capacity of 1 gigawatt (GW) of solar, wind and battery storage. The initiatives will be developed across Maharashtra, Rajasthan and Gujarat and are part of the company's strategy to expand clean power capacity and strengthen sustainability credentials. Once completed, they will double ArcelorMittal's renewable energy capacity in India to around 2 GW and contribute to the company's broader global clean energy portfolio. Electricity generated by these assets will support operations at AMNS India, the steelmaking joint venture with Nippon Steel, while advancing emission reduction and green growth objectives.Read more

25 Dec 2025

NHPC has started partial commercial operations at the 2,000 MW Subansiri Lower Hydroelectric Project on the Assam & Arunachal Pradesh border with the commissioning of one 250 MW unit. The project, India's largest hydropower facility, has faced long delays and sharp cost escalation since construction began in 2005. Designed as a run-of-the-river scheme, it will eventually generate over 7,400 million units of renewable power annually. Phased commissioning of the remaining units is planned, with full operations expected by 2026-27.Read more

Bangalore News Desk

25 Dec 2025

Puravankara Limited has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, increasing its developable area by around 6.4 million sq ft with a gross development value (GDV) potential exceeding INR 4,800 crore. The company stated this purchase is part of a planned strategy to expand its land bank in key micro-markets. The move follows previous acquisitions in North and East Bengaluru, which collectively strengthened Puravankara's portfolio. The company aims to leverage these strategic land additions to cater to rising demand and infrastructure-led growth in Bengaluru.Read more

25 Dec 2025

The Telangana Housing Board has launched the sale of affordable low-income group (LIG) flats in Hyderabad, aiming to broaden homeownership opportunities for lower-income residents. The housing authority opened applications for units designed to be economically accessible, supported by policy incentives and streamlined allotment procedures to facilitate participation. The move aligns with broader state objectives to promote inclusive urban development, reduce the housing shortage and support first-time buyers. Prospective applicants have been encouraged to review eligibility criteria and submit required documentation within the prescribed timeline.Read more

25 Dec 2025

Elan Group has partnered with luxury beauty and wellness brand Levo Spalon to introduce an exclusive, residents-only wellness facility at its newly launched ultra-luxury residential project, Elan The Statement, in Sector 49, Gurugram. The collaboration is positioned as a key lifestyle differentiator, integrating premium grooming, spa and holistic wellness services within the project's clubhouse, as the developer sharpens its focus on experiential, wellness-led luxury living in Gurugram's high-end residential market.Read more

24 Dec 2025

Prestige Estates Projects Ltd has acquired a 25 acre land parcel in Medavakkam, Chennai, marking a significant expansion of its presence in the city. The site offers a development potential of around five million sq ft and is expected to generate top line revenue exceeding INR 5,000 crore. The acquisition aligns with the company's strategy to cater to sustained mid segment housing demand, supported by improving infrastructure, planned metro connectivity, and proximity to employment hubs. The purchase also included non core assets acquired from Ramco Cements valued at INR 514.90 crore.Read more

24 Dec 2025

EPC major Ceigall India has secured an INR 550 crore solar power project under the PM-KUSUM Yojana, strengthening its presence in India's renewable energy sector. Awarded by Madhya Pradesh Urja Vikas Nigam Limited, the project involves setting up 130 MW of grid-connected solar PV capacity across two districts in the state. The contract covers end-to-end responsibilities including design, engineering, construction, commissioning and long-term operations. With an 18-month execution timeline followed by a 25-year operational period backed by a power purchase agreement, the project supports Madhya Pradesh's clean energy goals and national targets for decentralised solar generation.Read more