Mumbai News Desk

3 hours ago

Former Indian cricketer and BCCI chief selector Ajit Agarkar has sold a residential apartment in Mumbai’s Bandra West for INR 4 crore. The transaction involved a flat in the upscale Bandra Reclamation locality and reflects sustained activity in one of Mumbai’s most sought-after residential micro-markets. The sale highlights the continued attractiveness of premium suburban housing destinations, where strong connectivity, proximity to business districts and limited supply continue to support property values and transaction activity.Read more

04 Jun 2026

• The Maharashtra government has formally taken ownership of Mumbai’s iconic Air India Building at Nariman Point through a completed acquisition worth INR 1,601 crore.
• The transaction involves the transfer of the 23-storey sea-facing commercial structure from Air India Assets Holding Limited to the state government.
• The acquisition is aimed at addressing the state’s office space constraints by consolidating multiple government departments under one centrally located facility.
• The move follows approvals from the Centre and the state cabinet, with funds already transferred and agreement formalities completed in early June 2026.Read more

29 May 2026

Grovy India Ltd has announced the acquisition of a premium luxury residential project in Defence Colony, New Delhi, strengthening its presence in the capital’s high-end housing segment. The company disclosed the development in a regulatory filing during the past week. Defence Colony remains one of Delhi’s established upscale residential markets, known for limited land availability and strong demand for luxury housing. The acquisition comes at a time when developers are increasingly focusing on premium and redevelopment-led projects in prime urban locations across Delhi-NCR amid steady demand from affluent buyers and investors.Read more

Priyanka Vig

28 May 2026

A fire broke out in a second-floor apartment at Lokhandwala Lands End, a residential building in Andheri West, on Wednesday evening, prompting the evacuation of residents from the premises. Three fire engines and two ambulances were deployed, with emergency teams reaching the spot from Andheri East and bringing the situation under control within nearly 30 minutes. While some residents were moved to the terrace, others were evacuated outside the building safely. Officials suspect the fire may have originated from an air-conditioning unit, though the exact cause is still under investigation.Read more

22 May 2026

Tariq Premji, son of Azim Premji, has acquired a luxury penthouse in Whitefield, Bengaluru, for INR 45.71 crore, according to property registration documents cited in multiple media reports. The apartment is located in the 27 Summit residential project developed by Sterling Urban Developments Pvt. Ltd. and has a super built-up area of around 7,000 sq ft with five car parking spaces. The transaction was registered earlier this month, with stamp duty and registration charges of about INR 2.74 crore, adding to a series of high-value residential deals in Bengaluru’s premium housing market.Read more

Mumbai News Desk

1 hour ago

• The BMC is planning a pilot parking hub in Dadar to address congestion and improve parking management in one of Mumbai’s busiest commercial and transit districts.
• The project aims to create a structured parking model that makes better use of limited urban space and reduces roadside parking.
• Civic authorities are evaluating locations and implementation mechanisms before rollout.
• If successful, the model could be replicated in other congested parts of Mumbai facing growing traffic and parking pressures.Read more

5 hours ago

• The Delhi government has initiated an INR 75 crore road and drainage redevelopment project for the Wazirpur Industrial Area.
• The initiative aims to improve internal roads, strengthen drainage infrastructure, and address long-standing waterlogging issues.
• Better civic infrastructure is expected to enhance industrial operations and ease transportation within the manufacturing hub.
• The project forms part of the government's broader effort to upgrade key industrial clusters across the national capital.Read more

6 hours ago

• Reliance Industries and Meta have partnered to develop an AI-enabled data centre in Jamnagar, Gujarat, marking Meta’s first built-to-suit data centre project in India.
• The facility will have an initial capacity of 168 MW, with scope for future expansion, and is expected to support Meta’s global AI and digital infrastructure requirements.
• Reliance will provide end-to-end development and operational services, including renewable energy integration, network connectivity and utility management.
• The project is expected to strengthen India’s position as a destination for large-scale AI infrastructure and hyperscale data centre investments.Read more

7 hours ago

• Gujarat Chief Minister Bhupendra Patel sanctioned INR 629 crore on 8 June 2026 for the four-laning of six major road stretches across Kutch district, covering a combined length of approximately 43.5 km.
• The roads identified for upgrade span key stretches connecting Mundra, Zarpara, Kandagara, Deshalpar, Siracha, and Navinal, including dedicated bypass roads for three villages.
• The upgrade is expected to improve the movement of heavy vehicles operating to and from Mundra Port and the surrounding industrial and commercial hubs.
• Beyond logistics, the state government cited improved rural connectivity, road safety, and a boost to Kutch's tourism sector as additional objectives of the programme.Read more

9 hours ago

The National Highways Authority of India (NHAI) has detailed its asset monetisation strategy aimed at unlocking value from operational highway assets to finance new infrastructure development across the country. The framework relies on instruments such as Toll-Operate-Transfer (TOT), Infrastructure Investment Trusts (InvITs) and securitisation to attract long-term domestic and global investors. By recycling capital generated from mature assets, the authority seeks to reduce dependence on budgetary support while sustaining the pace of national highway expansion and improving overall asset management.Read more

51 minutes ago

The Centre has approved an INR 1,359.33 crore project to widen the Nagaur–Bikaner section of National Highway-62 in Rajasthan to four lanes, providing a major boost to road infrastructure in the state's western region. The project will be implemented under the Build-Operate-Transfer (BOT) toll model and is aimed at improving connectivity between Nagaur and Bikaner while enhancing the movement of passengers and freight. The highway upgrade is expected to strengthen regional transport networks, reduce bottlenecks on a key corridor, and support industrial, tourism and economic activity across western Rajasthan. The approval forms part of ongoing efforts to modernise the state's highway infrastructure and improve connectivity across strategic economic centres.Read more

Mumbai News Desk

2 hours ago

BMC has launched a city-wide enforcement drive against restaurants and hotels that have illegally occupied mandatory open spaces and emergency access areas across Mumbai. The action follows heightened scrutiny of fire safety compliance and evacuation preparedness at commercial establishments. Civic officials have begun demolishing unauthorised extensions, sheds and service-area encroachments while conducting inspections of permissions, exits and access routes. The drive is expected to continue across multiple wards as authorities seek to ensure compliance with building regulations and prevent safety risks arising from blocked open spaces and unauthorised constructions.Read more

4 hours ago

• The Enforcement Directorate has carried out search operations at the premises of Jalandhar-based businessman Amit Bajaj in connection with an ongoing money laundering and related financial irregularities probe.
• The raids, reported across multiple locations in Punjab and Uttar Pradesh, are part of an investigation examining financial records, business dealings and property transactions linked to the case.
• The action has triggered political reactions in Punjab, with allegations of selective targeting being raised while agencies maintain the searches are part of routine enforcement under economic offences laws.Read more

Noida News Desk

6 hours ago

The National Green Tribunal (NGT) has directed the Uttar Pradesh Ground Water Department to investigate allegations of illegal groundwater extraction by real estate developers in Noida and Greater Noida. The case originates from a petition raising concerns over large-scale dewatering and borewell usage at multiple construction sites. The tribunal has asked authorities to verify facts on the ground, identify violations, and take appropriate action, including penalties where necessary. It also stressed procedural fairness, noting that all alleged violators must be properly heard during the inquiry process.Read more

8 hours ago

• The Enforcement Directorate (ED) has provisionally attached assets worth around INR 100 crore in connection with its investigation involving Jaypee Infratech and Jaiprakash Associates.
• The agency alleges that funds collected from homebuyers were diverted and laundered through related transactions.
• The action forms part of an ongoing money laundering probe based on allegations of financial irregularities and fund diversion.
• The case is significant for thousands of homebuyers awaiting resolution of long-delayed housing projects.Read more

1 hour ago

Urban Vault, a Bengaluru-based coworking and managed workspace operator, has provided a 16,000 sq ft office space in Gurugram to Green SM, the electric ride-hailing company backed by Vietnam’s Vingroup. The facility, located on Golf Course Road in Sector 54, accommodates around 500 seats and marks Green SM’s first office in India. The agreement forms part of a broader partnership under which Urban Vault will support Green SM’s workspace requirements across key Indian cities. The development comes amid strong demand for flexible office solutions in major urban markets, with coworking operators significantly increasing office leasing activity during the first quarter of 2026, according to industry data.Read more

4 hours ago

UK-based oil producer EnQuest has agreed to acquire interests in four offshore production-sharing contracts in Malaysia from Petronas in a deal valued at up to USD 833 million. The transaction marks a significant step in EnQuest’s strategy to expand its presence in Southeast Asia and diversify beyond the North Sea. The acquisition is expected to boost the company’s production levels and strengthen its international portfolio. Investors welcomed the announcement, sending EnQuest shares sharply higher in early trading.Read more

8 hours ago

Tamil Nadu has completed the assignment of guideline values for every land survey number across the state, marking a significant reform in property registration and valuation. The initiative, announced by the Registration Department, aims to bring greater transparency and consistency to land transactions by ensuring that each parcel of land has a designated market guideline value. The exercise covers both urban and rural areas and is expected to reduce valuation disputes, improve revenue collection and streamline property registrations. Officials indicated that the project was undertaken using extensive field surveys and digital mapping tools. The move forms part of the state's broader efforts to modernise land administration, enhance the accuracy of property records and support a more transparent real estate market.Read more

12 hours ago

The Odisha government has approved a reduction in stamp duty for Economically Weaker Section (EWS) housing, providing relief to lower-income homebuyers and reinforcing its affordable housing agenda. The decision comes amid concerns that recent changes to apartment registration and stamp duty provisions could increase transaction costs for affordable housing purchasers. The revised framework is intended to lower the upfront cost of homeownership for economically vulnerable households while supporting housing accessibility across the state. The measure forms part of a broader set of reforms undertaken by the state government in recent months to streamline apartment registration, simplify common-area ownership transfers and improve transparency in property transactions. The move is expected to benefit beneficiaries of affordable housing schemes and first-time homebuyers within the EWS category.Read more

15 hours ago

Indore has retained its position as the highest contributor to property registration revenue in Madhya Pradesh, reflecting sustained real estate activity despite rising property valuations and a moderation in transaction volumes. Data from the state registration department shows the city generated the largest share of stamp duty and registration collections among districts in the state. The performance comes amid significant appreciation in collector guideline rates across several micro-markets and continued demand for residential and commercial assets. Officials attribute the strong revenue generation to high-value transactions, infrastructure-led growth and ongoing urban expansion. The figures underline Indore’s growing significance within Madhya Pradesh’s property market and its role as a key source of revenue for the state government.Read more

Mumbai News Desk

2 hours ago

• A consortium led by Reliance Industries has emerged as the winning bidder for the redevelopment of the Juhu Galli-Gilbert Hill slum cluster in Andheri West, one of Mumbai’s largest rehabilitation projects.
• Spread across nearly 100 acres, the project is expected to transform a densely populated informal settlement into a planned urban precinct through the Slum Rehabilitation Authority (SRA) framework.
• The redevelopment is poised to reshape a key western suburb location while creating rehabilitation housing, upgraded infrastructure and new development opportunities in the area.Read more

11 Jun 2026

Godrej Properties has recorded sales of more than 1,000 apartments worth over INR 2,000 crore in the launch week of its newly unveiled residential project, Godrej Vanantara, in Bengaluru. The strong response comes shortly after the project's launch and highlights sustained homebuyer demand in Bengaluru's residential market. Spread across 36 acres, the development has a total developable area potential of 3.53 million sq ft and an estimated revenue potential of INR 3,700 crore. The performance adds to Godrej Properties' growing presence in key housing markets across India.Read more

10 Jun 2026

Mumbai-based Agami Realty has announced Agami Legends, an ultra-luxury residential project in Kalanagar, Bandra East, overlooking the MIG Cricket Club and Mahim Bay. The development marks a new addition to the city's premium housing segment and is inspired by the values associated with cricket, including discipline, strategy and legacy. Former Indian cricket captain Sunil Gavaskar has joined Agami Realty as its brand ambassador and will endorse the project. Planned as a low-density residential tower with 67 homes, the development aims to combine privacy, connectivity and thoughtfully designed living spaces in one of Mumbai's established residential neighbourhoods.Read more

10 Jun 2026

Godrej Properties has reported home sales worth more than INR 20 billion at the launch of its residential project, Godrej Vanantara. The strong response highlights sustained demand for residential housing despite evolving market conditions. The sales achievement adds to the company's growing portfolio of successful project launches and reflects continued buyer interest in branded developments offered by established developers. The performance is also in line with the broader trend of healthy residential demand seen across key Indian property markets, where end-users and investors continue to drive sales in newly launched projects.Read more

10 Jun 2026

Avani Infratech has announced plans to invest around INR 750 crore over the next five years to develop three real estate projects in Gurugram and Sonipat, Haryana. The Delhi-based developer will launch all three developments during the current financial year, spanning residential, commercial and industrial segments. The planned projects include an integrated residential-commercial development in Sonipat, a group housing project in Sohna Sector 2, and a new industrial township at Sonipat-Kharkhouda. The company, part of the RASA Group, has already delivered six projects covering more than 11 lakh sq yd and maintains a land bank exceeding 300 acres for future expansion. The investment forms part of its strategy to strengthen its presence in emerging growth corridors across northern India.Read more

11 Jun 2026

Third-party logistics provider Emiza has launched a 120,000 sq ft warehouse facility in Farrukhnagar, Haryana, aimed at supporting rising demand from the e-commerce and retail sectors across northern India. The facility, which has a pallet capacity of 15,000, 23 loading docks and the ability to process up to 800,000 orders per month, will function as a dedicated returns-processing centre for partner brands. The new warehouse is Emiza’s sixth facility in the Delhi-NCR region and expands its nationwide warehousing network to more than 11 cities across 11 states. The company said the project will enhance supply chain efficiency, strengthen last-mile delivery capabilities and generate over 500 jobs in the region.Read more

05 Jun 2026

• Welspun One plans to lease over 10 million sq ft of warehousing and industrial space across India during the next three years.
• The company is expanding its logistics and industrial real estate portfolio amid sustained demand from manufacturing, e-commerce, third-party logistics and retail occupiers.
• The planned leasing is expected to come from assets being developed under the firm's investment platforms across multiple logistics markets.
• The company remains focused on scaling its portfolio through institutional capital, development activity and long-term tenant partnerships.Read more

05 Jun 2026

DTDC Express has introduced a self-onboarding digital platform designed to simplify and speed up logistics registration for businesses. The system allows companies to complete KYC, register, and start shipping within 10 minutes without manual intervention. Launched earlier this week, the platform targets the growing MSME and D2C segments, which require faster and more efficient logistics solutions. The initiative aims to reduce traditional onboarding delays caused by documentation and operational dependencies. With strong early adoption, the platform has already attracted over 22,000 registrations and onboarded more than 5,000 businesses across multiple regions in India.Read more

04 Jun 2026

• Supply chain operator Prozo has expanded its logistics presence in Maharashtra with a new 50,000 sq ft fulfilment centre in Bhiwandi, Thane district.
• The facility is designed to support FMCG, fashion and lifestyle, and healthcare distribution requirements across the state.
• With this addition, Prozo now operates seven fulfilment centres in Maharashtra, covering a total warehousing footprint of 4.1 lakh sq ft.
• The expansion reinforces Bhiwandi’s position as a key warehousing hub within western India’s logistics network.Read more

01 Jun 2026

• Real estate investment across the Asia Pacific region increased 19.2% year-on-year during Q1 2026, according to Savills.
• Prime office assets led the recovery, while industrial, logistics and data centre-related investments continued to witness strong demand.
• India emerged as a key market attracting investor interest due to infrastructure expansion, logistics growth and rising data centre activity.
• Cross-border capital flows strengthened during the quarter, particularly in Japan and Singapore.
• Investors continued focusing on core income-generating assets despite geopolitical tensions and global trade uncertainty.Read more

9 hours ago

• Nexus Select Trust plans to deploy INR 2,000 crore to expand its retail presence in Northeast India through acquisitions and greenfield developments.
• The REIT is assessing opportunities across key cities where organised retail supply remains limited despite growing consumption and urbanisation.
• The investment forms part of the company's broader portfolio expansion strategy beyond established metropolitan markets.
• The planned deployment highlights increasing investor interest in the Northeast's retail and commercial real estate sector.Read more

11 Jun 2026

Pride Hotels Limited has expanded its presence in Madhya Pradesh by signing a long-term lease agreement for a 141-key hotel in Indore. The property will operate under the Pride Plaza brand, becoming the fifth hotel in the company’s Plaza portfolio after Delhi, Ahmedabad, Kolkata and Jaipur. The development also marks Pride Group of Hotels’ second property in Indore, strengthening its footprint in one of central India’s key commercial and industrial centres. The company said the agreement reflects its continued focus on growth through strategic expansion while reinforcing its commitment to the Indore market and the wider region.Read more

10 Jun 2026

Marriott International has entered into a multi-property agreement with CG Hospitality Global to develop three luxury hotels across India and Nepal, strengthening its expansion strategy in South Asia. The partnership will add nearly 450 rooms to Marriott’s regional portfolio by 2031 through the development of The Ritz-Carlton Kathmandu, The Westin Kathmandu and JW Marriott Hotel Siliguri in West Bengal. The projects are aimed at tapping growing demand in key hospitality markets across the region. CG Hospitality Global, part of CG Group Global, brings extensive regional expertise and operates a portfolio of more than 220 hotels and resorts across 12 countries. The agreement reflects continued investment activity in South Asia’s premium hospitality segment.Read more

09 Jun 2026

SpiceJet has announced plans to strengthen its fleet by adding three Airbus A320 aircraft on a damp lease arrangement next month. The airline has already finalised the lease agreement for the narrowbody planes as part of its ongoing fleet expansion strategy. In addition, SpiceJet has reintroduced a Boeing 737 MAX aircraft into commercial operations after bringing it back from the ground. The move is aimed at meeting rising passenger demand during the peak travel season, while also improving operational flexibility and supporting the airline’s domestic and international network requirements.Read more

09 Jun 2026

Travel booking platform ixigo has approved the acquisition of a 54.66 per cent stake in flexible-stay hotel network Brevistay for a total investment of INR 65.69 crore. The transaction, announced in the past week, will be completed through a combination of primary and secondary share purchases, subject to customary conditions. Following the acquisition, Brevistay will become a subsidiary of ixigo. The move is aimed at strengthening ixigo’s presence in India’s accommodation segment and expanding its hotels business. Founded in 2016, Brevistay operates a flexible-stay model that allows short-duration and overnight hotel bookings. The combined network of the two companies will comprise more than 10,000 directly contracted hotels across the country, providing greater scale and wider market reach.Read more

08 Jun 2026

• Bengaluru-based real estate consultancy Propsoch has raised USD 2 million (approximately INR 19 crore) in a seed funding round led by Athera Venture Partners, Sparrow Capital, and Vakil Group, with proceeds earmarked for strengthening research and advisory capabilities, team expansion, and market growth.
• The raise follows an earlier USD 6,00,000 in pre-seed funding backed by the family office arms of the Godrej Group and the Vakil Group, alongside individual investments from Mohit Malhotra, former MD and CEO of Godrej Properties, and Bhaskar Bhat, former MD of Titan Company.Read more

01 Jun 2026

Bengaluru-based startup Mappstore is expanding its AI-powered WhatsApp automation platform, VibeFlow, as businesses increasingly adopt conversational commerce tools to streamline customer interactions and operational workflows. The company said more than 1,000 businesses are currently using the platform, with growth averaging around 50% month-on-month during the current quarter. Founded by Sooraj Kumar, Lakshya Sharma and Manu George, the startup enables businesses to create automated WhatsApp workflows for bookings, payments, customer support and delivery coordination without coding requirements. Mappstore has also launched mappsto.re, a discovery marketplace for AI-powered conversational storefronts across sectors including food services, healthcare, retail and local services, positioning itself within India’s expanding messaging-based commerce ecosystem.Read more

26 May 2026

• 99acres reported a pre-tax loss of INR 591.5 million in FY26 despite growth in operating revenue.
• Revenue growth across property listings and advertising was offset by spending on brand promotion, technology and expansion.
• The performance was disclosed in Info Edge (India) Limited’s FY26 results amid continued investments across digital platform businesses.Read more

24 Apr 2026

Aurum PropTech Limited reported crossing the INR 500 crore annualised recurring revenue (ARR) mark during the past quarter, alongside delivering its second consecutive profitable quarter. The company’s total income rose 72% year-on-year in Q4 FY2026 to INR 135 crore, while profitability metrics improved significantly with a positive PBT margin of 2.5%. For the full financial year, income increased 49% to INR 424 crore, with margins narrowing losses. Growth was supported by acquisitions, including PropTiger, and expansion across distribution and rental segments. The company also secured a Small and Medium REIT licence, strengthening its position in India’s evolving real estate investment ecosystem.Read more

14 Apr 2026

Qlik has partnered with ServiceNow to help enterprises integrate data insights into workflows and AI-driven processes, aiming to improve decision-making and efficiency. The collaboration enables businesses to combine data from multiple systems such as ERP, CRM and supply chains to gain a unified operational view. By connecting analytics with workflows, companies can identify patterns, respond faster and make informed decisions in real time. The integration also supports growing demand for AI solutions within existing business environments. As organisations expand AI adoption, the partnership highlights the importance of linking data, insights and actions to drive smarter enterprise operations.Read more

09 Jun 2026

• India's economy grew 7.8% year-on-year in the January-March quarter, exceeding the 7.2% forecast by economists.
• Strong private investment, higher agricultural output and continued construction activity supported growth despite the initial impact of geopolitical tensions in West Asia.
• The National Statistics Office revised India's FY26 GDP growth estimate to 7.7%, slightly higher than its earlier projection of 7.6%.
• Economists noted that resilient domestic demand helped sustain growth, although private consumption remained uneven in some segments.
• Analysts expect growth to moderate in FY27 amid risks from elevated energy prices, geopolitical uncertainties, inflationary pressures and concerns over monsoon conditions.Read more

25 May 2026

Maharashtra Chief Minister Devendra Fadnavis said the state is on track to become a USD 1 trillion economy by 2030, backed by growth in infrastructure, artificial intelligence, startups and innovation-led sectors. Speaking at the ImagiNxt 2026 event in Mumbai, he said Maharashtra has already become the world’s 30th largest economy and could surpass the economies of Singapore and the UAE within the next few years. The state government is also increasing the use of AI across governance, agriculture and the criminal justice system while closely monitoring investment execution through dedicated mechanisms.Read more

14 May 2026

• Devendra Fadnavis said Maharashtra aims to become a USD 1 trillion economy by 2030 and a leading global regional economy by 2047.
• The Chief Minister stated that Maharashtra currently has a USD 660 billion economy and contributes nearly 15 per cent to India’s economy.
• He highlighted large-scale infrastructure investments including the Mumbai Trans Harbour Link, Samruddhi Mahamarg, Navi Mumbai International Airport and Vadhavan Port.
• Fadnavis said Maharashtra is positioning itself as a hub for AI, semiconductors, EVs, advanced manufacturing, clean energy and data centres.Read more

12 May 2026

A government-backed study on income disparity in Nagaland has revealed significant inequality in household earnings across the state, with the top 5 per cent of households accounting for nearly 21 per cent of total income while the bottom 50 per cent receive only around 18 per cent. The report, prepared under the Ministry of Statistics and Programme Implementation in collaboration with the University of Hyderabad, recorded a Gini coefficient of 0.46, indicating a high level of income concentration. The findings also showed that urban areas have marginally higher inequality than rural regions, while districts such as Longleng reported the sharpest income disparities across both urban and rural households.Read more

06 May 2026

The Union government has begun identifying households holding both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a recent regulatory amendment prohibiting dual ownership. The move, notified under the Liquefied Petroleum Gas (Regulation of Supply and Distribution) Order, 2000, requires consumers with PNG access to surrender domestic LPG connections. More than 43,000 such connections have already been relinquished, though officials expect higher compliance. The policy aims to prioritise subsidised LPG supply for households without piped gas access, amid constraints driven by global energy disruptions. The decision follows supply pressures linked to geopolitical developments in West Asia, which have impacted India’s imports of crude oil, natural gas and LPG, prompting the government to rationalise allocation and limit fresh LPG connections.Read more

21 minutes ago

Road King Infrastructure has announced that the hearing related to the winding-up application against New Select has been adjourned by the British Virgin Islands (BVI) court. The company said the next hearing is not expected to take place before mid-September 2026, providing additional time for stakeholders involved in the restructuring process. Road King also confirmed that the early-bird Restructuring Support Agreement (RSA) fee deadline remains scheduled for late June. The development forms part of the company's ongoing efforts to address matters linked to the winding-up proceedings involving New Select.Read more

3 hours ago

Thailand-based hospitality and property development company Dusit International has signed an agreement with luxury real estate and hospitality developer Atmosphere to launch the Dusit Princess Rishikesh in Uttarakhand. The upper-midscale hotel will feature 300 rooms and is expected to open in 2031. The project marks another step in Dusit International’s expansion strategy in India, a market it views as offering strong long-term growth opportunities. The development is expected to strengthen Rishikesh’s hospitality landscape, which has been witnessing increasing demand from leisure, wellness and experiential travellers.Read more

5 hours ago

Sime Darby Property has launched a Shariah-compliant investment fund worth 1.25 billion ringgit (USD 307.7 million) to support the development and leasing of data centres, industrial facilities and logistics assets in Malaysia. The New Economy Venture fund achieved full capital commitments at its first close, backed by major institutional investors. The five-year fund has already secured two seed assets located in Elmina Business Park and the City of Elmina, representing about 85% of its target size. Construction has commenced on both projects, with completion scheduled for the second half of 2027.Read more

10 hours ago

UK homebuilder Bellway has reported a moderation in customer demand after a strong start to the spring selling season, as rising fuel and energy costs continue to pressure the housing sector. The company said higher construction expenses and softer buyer activity, driven partly by elevated mortgage rates, are creating a more challenging operating environment. Despite these headwinds, Bellway has maintained its full-year operating profit and housing delivery forecasts. The company also highlighted uncertainty surrounding global geopolitical developments and the domestic political landscape, which could influence market conditions in the months ahead.Read more

11 Jun 2026

Starhill Global REIT has announced the appointment of Tan Peck Mun Kemmy as its new chief executive officer and executive director. The leadership change comes as the real estate investment trust continues to manage and strengthen its portfolio across key markets. As CEO and executive director, Tan will be responsible for overseeing the REIT’s strategic direction, asset management initiatives and overall business operations. The appointment marks an important development for the trust as it focuses on long-term portfolio performance, operational efficiency and value creation for unitholders.Read more

7 hours ago

Bengaluru is widely known for its technology hubs, busy roads and popular social hotspots, but the city is also home to several lesser-known destinations that offer a different experience. From bamboo forests and hidden lakes to ancient temples and birdwatching spots, these locations showcase Bengaluru's natural, cultural and historical character away from the crowds. Many of these places remain overlooked despite offering unique landscapes, rich biodiversity and peaceful surroundings. Together, they highlight how the city continues to preserve pockets of greenery, heritage and community spaces amid rapid urban development.Read more

11 Jun 2026

Mumbai is famous for landmarks like Marine Drive, the Gateway of India and Juhu Beach, but the city holds countless hidden gems beyond its popular attractions. From a 66-million-year-old volcanic monolith and ancient Buddhist caves to a charming Portuguese-style village, a forgotten fort visited by flamingos and a serene pagoda overlooking the Arabian Sea, these lesser-known destinations reveal a different side of Mumbai. Whether you're a first-time visitor or a local explorer, these offbeat spots offer unforgettable experiences away from the crowds.Read more

10 Jun 2026

• Mumbai’s food culture extends beyond popular restaurants, with many lesser-known neighbourhood eateries located near railway stations forming a strong local food map across the city.
• These spots include long-standing Maharashtrian breakfast stalls, iconic South Indian cafés, seafood joints, Indo-Chinese eateries, and heritage restaurants serving traditional recipes passed down over decades.
• Often within walking distance of major stations, these hidden gems remain everyday favourites for locals, offering authentic flavours, affordability, and cultural depth away from mainstream tourist attention.Read more