Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
06 May 2025
Mangaluru City Corporation has proposed a INR 886.3 crore budget for FY2025-26, prioritizing drainage, water supply, and road infrastructure. With INR 741.2 crore expected in revenue and INR 500 crore in state and central grants, the city aims to advance key urban projects. Under the Smart Cities Mission, initiatives like the Integrated Command and Control Centre and smart roads are improving efficiency. The New Mangalore Port Authority is expanding capacity, while the Mangaluru-Madgaon Vande Bharat Express boosts regional connectivity. The upcoming Mangala Corniche riverfront project promises to enhance tourism and urban aesthetics, reinforcing Mangaluru's vision for sustainable and inclusive development.Read more
05 May 2025
Karnal is rapidly transforming into a key infrastructure and urban development hub in Haryana. The INR 21,627 crore Delhi-Panipat-Karnal RRTS will cut travel time to Delhi to 45 minutes, boosting regional integration. The proposed RCE-3 expressway will enhance road connectivity via Gharaunda-Kutail, improving trade routes. Under the Smart City Mission, Karnal is implementing smart roads, drainage upgrades, and traffic solutions. The Master Development Plan 2025 envisions balanced growth through new residential, commercial, and industrial zones. Additionally, Yamuna Power's new Gas Insulated Substation will improve power reliability. Together, these initiatives position Karnal as a future-ready and sustainable urban centre in Haryana.Read more
05 May 2025
Mandi, Himachal Pradesh, is transforming into a key infrastructure and tourism hub in 2025, driven by projects exceeding INR 14,000 crore. The INR 2,000 crore Mandi Airport at Nag Chala, cleared by the Airports Authority of India, will be the state's first international airport. The Bhanupli-Leh railway line, including a crucial Mandi link, is set to improve civilian and military logistics. The INR 100 crore Shiv Dham spiritual tourism project and the World Bank-backed Mid-Himalayan Watershed Development Project highlight Mandi's sustainable development focus. With energy contributions from Pandoh Dam and growing connectivity, Mandi is poised for balanced growth in the Himalayan region.Read more
05 May 2025
Kochi is advancing its urban infrastructure with the INR 2,577 crore Phase 2 'Pink Line' metro expansion, adding 11.2 km and 11 stations from JLN Stadium to Infopark via Kakkanad by 2026. Supported by a EUR 175 million loan from France's AFD, the metro aims to improve connectivity to Kochi's tech hubs. The INR 1,137 crore Kochi Water Metro, India's first integrated water transport system, spans 76 km with 78 battery-powered boats across 38 terminals. Meanwhile, DP World's Vallarpadam transshipment terminal saw 17% growth in 2024, now operating at 1.4 million TEU capacity. Together, these projects position Kochi as a model sustainable urban hub.Read more
02 May 2025
Panipat is undergoing a major transformation in 2025, with projects worth over INR 60,000 crore reshaping its industrial and urban landscape. The IOCL refinery is being expanded from 15 to 25 MMTPA at a cost of INR 36,225 crore, while Asia's first 2G ethanol bio-refinery is set to curb stubble burning and generate jobs. The INR 21,627 crore Delhi-Panipat RRTS will slash travel time to Delhi, and the upcoming 300-km Panipat-Dabwali Expressway will boost regional connectivity. Real estate developers like M3M and Godrej are investing in large-scale residential and mixed-use projects, positioning Panipat as a fast-emerging, sustainable, and well-connected urban centre.Read more
02 May 2025
Mapusa, a key town in North Goa, is undergoing major infrastructure upgrades aimed at easing traffic and enhancing civic amenities. A key project is the INR 8 crore road widening from Gandhi Chowk to Bodgeshwar Temple, expanding the 520-meter stretch into four lanes to improve access to tourist hotspots like Calangute and Anjuna. Civic improvements include a six-storey commercial complex with parking, a refurbished municipal building turned modern library, and an expanded fish market with a new exhibition floor for self-help groups. Additionally, a new municipal administrative block is under construction. These projects mark Mapusa transformation into a modern, better-planned urban hub.Read more
02 May 2025
Jorhat, a key city in Assam, is undergoing major infrastructure upgrades aimed at boosting connectivity, public services, and cultural preservation. Key projects include the Jorhat�Dibrugarh National Highway section, set for completion by December 2025, and a 581-meter railway flyover easing congestion near Jorhat Medical College. New facilities like a convention centre in Chinnamara and a digital vehicle testing station are enhancing civic services. Looking ahead, the historic Jorhat Central Jail will be transformed into a Freedom Struggle Memorial Museum and park, while the upcoming Bhogdoi flyover will further improve urban mobility. These developments signal Jorhat's transition into a modern, culturally rooted urban hub.Read more
02 May 2025
The Maharashtra government has announced a USD 50 billion investment plan to transform regional infrastructure over the next three to four years. Key projects include the Navi Mumbai airport, Mumbai-Nagpur bullet train, Samruddhi Mahamarg, and the Mumbai Trans Harbour Link. A major highlight is the proposed “Third Mumbai” — a new logistics and innovation hub connecting Navi Mumbai airport, JNPT port, and the Virar-Alibaug corridor. With 50% lower rents than Mumbai, it aims to attract data centres and logistics firms. Maharashtra is in talks with global investors to fund this vision, positioning itself as a gateway for international capital and job creation.Read more
01 May 2025
Housing registrations in India's top eight cities surged to 5.44 lakh units in FY25, marking a 77% rise from FY19, according to Square Yards data. While primary sales held a 57% share, the secondary market grew to 43%, up from 38% in FY19. Cities like Mumbai, Bengaluru, and Noida saw rising demand for ready-to-move-in homes. Mumbai recorded strong growth in both resale (69,000 units) and new sales (71,000 units), driven by redevelopment and infrastructure projects. Bengaluru and Noida also saw heightened resale activity. Experts expect this momentum to continue, especially in mid-income and premium segments across infrastructure-rich urban markets.Read more
01 May 2025
At MHADA's second redevelopment conference, CEO Sanjeev Jaiswal unveiled a new fast-track policy for cessed building redevelopment in Mumbai, mandating No Objection Certificate (NOC) approval within six weeks under the Right to Service Act. Delays beyond this period will result in deemed approvals. The plan aims to deliver 8 lakh affordable homes in MMR over five years, backed by MHADA's INR 6,609 crore investment and INR 1.28 lakh crore from developers. Key reforms include higher FSI, automatic transit housing approvals, reduced interest rates, GST relief, and rental housing incentives. With over 13,000 cessed buildings targeted, the initiative signals a major push in Mumbai's urban renewal.Read more