11 Sep 2025

Kalpataru Projects International Ltd (KPIL) and its overseas subsidiaries have secured fresh orders worth INR 2,720 crore. The new contracts cover both Power Transmission & Distribution (T&D) and Buildings & Factories (B&F) businesses, with repeat orders from private real estate developers strengthening the company's B&F portfolio. According to MD & CEO Manish Mohnot, KPIL's total order intake in FY26 has now reached INR 12,620 crore. With operations in more than 30 countries and a global presence in 75, the company continues to expand while building on its strong technical expertise and sustainability practices.Read more

11 Sep 2025

The Godrej Enterprise Group (GEG), among Mumbai's largest private landholders, has initiated a master planning exercise for its 1,000-acre parcel in Vikhroli. Executive director Nyrika Holkar stated that while some manufacturing activities had shifted out of the site, operations would continue at Vikhroli alongside long-term systematic development. The land, largely controlled by the Jamshyd Godrej and Smita Crishna branch of the family, also accommodates Godrej & Boyce businesses, leased IT offices, and environmentally sensitive mangroves.Read more

10 Sep 2025

Brigade Enterprises Ltd has announced plans to generate INR 2,500 crore in revenue through a new luxury housing project in East Bengaluru. The development, spread across 10.75 acres, will feature a saleable area potential of 2.5 million square feet under a joint venture with a landowner. The company reaffirmed its focus on Bengaluru as its primary market, highlighting the city's connectivity, infrastructure, and lifestyle strengths.Read more

10 Sep 2025

MHADA has launched its latest online housing lottery in Nashik under the Inclusive Housing Policy, offering 478 flats priced between INR 5.48 lakh and INR 27 lakh. Spread across six neighbourhoods, with the largest supply in Mhasrul and Agar Takli, these compact homes are aimed at the Economically Weaker Section. The registration process is open only through MHADA's official website and mobile app. Officials stressed that no middlemen are authorised. This initiative marks the third such lottery by the Nashik Board this year.Read more

10 Sep 2025

The Anant Nagar Housing Scheme in Lucknow began its lottery process earlier this week, allotting more than 50 plots on the first day. Spread over 785 acres along Mohan Road, the project is designed to provide housing for around 1.5 lakh residents. The scheme features residential plots, commercial spaces, group housing, and PMAY-supported homes for EWS and LIG categories. Transparent lottery procedures and detailed planning for infrastructure, green spaces, and an Edutech City are part of the development.Read more

09 Sep 2025

The Delhi Development Authority's Apna Ghar Aawas Yojana saw all 152 flats offered under the scheme booked within an hour of opening on 5 September. The units, located in Lok Nayak Puram and Narela, were expected to fetch about INR 100 crore. Following the response, DDA extended the scheme until 26 November 2025, giving buyers more time to apply for remaining ready-to-move-in flats across income categories. Officials linked the surge in demand to revised marketing efforts, with the scheme forming part of a larger housing push that included more than 7,500 flats in different parts of the city.Read more

08 Sep 2025

The Karnataka Housing Board (KHB) has secured cabinet approval for a 43-acre integrated township project in Chikkajala, Yelahanka, under a public-private partnership model. Estimated at INR 2,930 crore, the project will feature multi-storied residences, office spaces, a commercial complex, and a star hotel, with projected net revenue of INR 1,252 crore for KHB. The land, acquired over two decades ago, faced legal disputes, but 43 acres were cleared after owners consented to a 50:50 land-sharing arrangement. The finance department projects total revenue of INR 4,182 crore. Construction will commence once approvals are received from the Bengaluru International Airport Area Planning Authority.Read more

08 Sep 2025

The Maharashtra Housing and Area Development Authority (MHADA) has opened an online lottery for 478 flats in Nashik, offering affordable housing for the Economically Weaker Section (EWS). The flats, ranging from 215 to 537 sq ft, are priced between INR 5.48 lakh and INR 27 lakh. Spread across six Shivar locations, the lottery allows applicants to register online until early October. This initiative follows earlier MHADA lotteries in Nashik, aiming to increase access to affordable housing in the region.Read more

08 Sep 2025

Vedanta has been identified as the highest bidder for debt-ridden Jaiprakash Associates, with an offer valued at INR 17,000 crore. On a net present value (NPV) basis, the bid stands at INR 12,505 crore, ahead of competing offers from Adani, Dalmia, Jindal Power, and PNC Infratech. The proposal includes an upfront payment of INR 4,000 crore after NCLT approval, while the remaining amount will be spread over the next five to six years. JAL's unpaid debt stands at over INR 55,000 crore, and the resolution process remains subject to creditor approval and tribunal clearance.Read more

08 Sep 2025

Max Estates Ltd has finalised the acquisition of a 7.25-acre land parcel in Gurugram through its takeover of Base Buildwell Private Limited (BBPL). The land, located at Sector 59, Golf Course Extension Road, is expected to generate more than INR 3,000 crore in sales. With an estimated development potential of 1.3 million square feet, the project strengthens the company's residential strategy in Delhi-NCR.Read more