Mumbai News Desk

08 Apr 2026

Shreya Ghoshal and her parents have purchased a premium apartment in Mumbai's Worli for INR 29.70 crore. The unit is located in the Godrej Trilogy project and offers a carpet area of around 2,430 sq ft along with three parking spaces. The deal was registered recently and involved a stamp duty payment of about INR 1.78 crore. The transaction reflects steady demand for luxury housing in Worli, which continues to attract high-net-worth buyers due to its central location and connectivity.Read more

Mumbai News Desk

02 Apr 2026

Malaika Arora has rented out her apartment in Bandra West, Mumbai, for a total lease value of around INR 1.17 crore over a three-year period. The agreement starts at a monthly rent of about INR 3.10 lakh, with structured increases during the tenure. The deal was registered recently, as per official property documents accessed through the registration portal. The transaction reflects steady demand for premium rental homes in key Mumbai locations and highlights how high-value residential assets are being used to generate consistent rental income.Read more

Delhi News Desk

02 Apr 2026

Fair Exports (India) Pvt Ltd, part of Lulu Group International, has purchased a premium bungalow in Delhi's Sunder Nagar for INR 89.5 crore. The deal involved a stamp duty payment of INR 6.26 crore and reflects steady demand for ultra-luxury homes in Lutyens Delhi. The seller was based overseas, which slightly delayed documentation. The locality has seen several high-value deals in recent years, including transactions above INR 100 crore. Demand from high-net-worth individuals continues, supported by both investment potential and end-use requirements.Read more

Mumbai News Desk

31 Mar 2026

Actor Madhuri Dixit has leased a commercial office unit in Lower Parel, Mumbai, with a total rental commitment of approximately INR 2.81 crore over a five-year tenure. The transaction, registered recently, involves a 731 sq ft unit in a premium office development and includes a structured rental escalation of 5% annually. The agreement also comprises a security deposit of INR 17 lakh along with statutory charges. Located in one of Mumbai's key commercial micro-markets, the deal reflects sustained demand for Grade-A office assets despite evolving occupier dynamics. The transaction highlights continued interest from high-net-worth individuals in leasing premium commercial space within established business districts.Read more

Chennai News Desk

10 Mar 2026

South Indian actress Nayanthara and filmmaker husband Vignesh Shivan purchased a luxurious duplex apartment in Chennai's Poes Garden for INR 31.5 crore. The 14,369 sq ft property in the Legacy project spans the fourth and fifth floors and includes 5,308 sq ft of undivided land and eight covered parking spaces. Nayanthara owns 90% of the apartment, with Vignesh Shivan holding 10%. The acquisition follows their marriage in 2022 and growing pan-India film presence. Poes Garden remains a preferred enclave for celebrities and high-net-worth individuals, sustaining high property values.Read more

1 hour ago

The inauguration of the 590+ km Ganga Expressway in the past week is expected to influence real estate activity across Uttar Pradesh and NCR-linked regions by improving connectivity and enabling industrial expansion. The corridor is likely to support logistics efficiency, reduce travel time, and attract investment into emerging micro-markets. Industry stakeholders indicated that locations along the Yamuna Expressway, Greater Noida, and adjoining belts could see increased demand, with near-term price appreciation estimated at 8–12% over the next 12–18 months. The project is also expected to accelerate development across tier-2 and tier-3 cities, supported by planned industrial clusters and infrastructure rollout.Read more

2 hours ago

Micro-markets across New Gurugram are emerging as key growth drivers in the National Capital Region’s residential and commercial real estate landscape, supported by expanding infrastructure and rising end-user demand. The region, particularly along the Dwarka Expressway and Southern Peripheral Road, has seen increased development activity, with Gurugram accounting for nearly 73 per cent of NCR housing launches in the past quarter. Improved connectivity, metro expansion plans, and proximity to Indira Gandhi International Airport have strengthened its appeal. Mid-segment housing continues to dominate supply, while commercial leasing and warehousing activity have reinforced Gurugram’s position as a multi-sector hub, contributing to sustained demand across evolving micro-markets.Read more

9 hours ago

Amaravati Development Corporation Chairperson and Managing Director Smt. D. Lakshmiparthasarathy carried out inspections at labour camps managed by different contracting agencies involved in capital works in Amaravati during the past week. She directed companies to improve living conditions for workers who have come from other states and are engaged in construction activity. The review covered accommodation, sanitation, bedding, food arrangements, and basic utilities. She also instructed better ventilation, cleanliness, and support for cooking needs. Officials from ADC, engineering teams, and PMC representatives accompanied the inspection across multiple sites.Read more

11 hours ago

Technip Energies has operationalised a captive jetty at its Dahej facility in Gujarat and shipped its first large process module to Europe. The new infrastructure enables direct sea movement of heavy modules, reducing transit time from around 15 days to about 48–72 hours. The company indicated that fuel use could drop by 60–70 percent, improving cost efficiency and lowering emissions. The development strengthens India’s role in global modular manufacturing and supports faster execution of international projects through better logistics integration.Read more

12 hours ago

AmpereHour Energy has partnered with Organo Eco Habitats to implement a centralised battery energy storage system at the Organo Antharam residential community in Chevella, Hyderabad. The project, positioned as India’s first such deployment in a housing development, integrates solar power, grid supply, and battery storage to enable continuous energy access. The system, with a capacity of 500 KVA/608 kWh, supports the community’s broader net-zero energy goals and reduces reliance on conventional power sources, including diesel generators, reflecting a shift towards sustainability-led residential planning.Read more

3 hours ago

The Supreme Court has directed a Magistrate’s court to proceed with trial in an INR 50 crore cheque dishonour case linked to a financial dispute between members of the Sheth real estate family. The case involves allegations of fraud, breach of trust and misconduct against financier Viren Gala, who had acted as a guarantor in a 2021 settlement concerning share transfers in Sheth group entities. The cheque issued as part of the arrangement was later dishonoured, triggering legal proceedings. Earlier orders setting aside the complaint have been overturned, reviving the case for judicial examination amid questions over escrow assurances and intermediary roles in high-value settlements.Read more

5 hours ago

The Andhra Pradesh Capital Region Development Authority conducted an e-lottery process this week at its Rayapudi office for the allotment of returnable plots to farmers who contributed land for Amaravati, the proposed People’s Capital. A total of 37 plots were allotted to 17 farmers from nine villages, along with five farmers from Undavalli who gave land for the Seed Axis Road project. The process was held in the presence of farmers through a live random selection system. Provisional certificates were handed over by the Additional Commissioner, while officials urged farmers to complete registration and await GIS-based land demarcation support.Read more

02 May 2026

The Ministry of Labour & Employment has issued a nationwide advisory directing states and Union Territories to implement measures to protect workers amid rising temperatures and heatwave conditions. The advisory calls for rescheduling work hours, provision of drinking water, rest areas, and workplace cooling arrangements, particularly for outdoor and labour-intensive sectors. Employers have been asked to ensure health monitoring and emergency preparedness, while agencies such as ESIC and EPFO have been instructed to strengthen support systems. The move comes as temperatures have crossed 40°C in several regions, including Delhi, highlighting risks for construction workers and daily wage earners.Read more

02 May 2026

The Chief Secretary of Andhra Pradesh inspected key ongoing infrastructure and development works in Amaravati during a field visit earlier this week. The review covered major projects including steel bridges under Seed Access Road Phase-3, land pooling scheme development in LPS Zone-5D, and the construction of iconic government towers. Officials presented updates on connectivity works, drainage, power networks, and administrative buildings being developed as part of the capital region plan. A detailed review meeting was also held at the APCRDA office to assess overall progress and planning for the capital city.Read more

02 May 2026

The Andhra Pradesh High Court has directed the demolition of an unauthorised beach resort near Thotlakonda in Visakhapatnam, citing violations of Coastal Regulation Zone (CRZ) norms and lack of statutory approvals. The property, originally leased by the Andhra Pradesh Tourism Development Corporation (APTDC) for a small tourism facility, was allegedly expanded into a full-scale resort with permanent structures and hospitality operations. Following inspections and a demolition order issued by the Greater Visakhapatnam Municipal Corporation (GVMC), the court upheld the action and instructed authorities to complete demolition within three weeks. The ruling reinforces regulatory oversight in coastal zones and raises scrutiny over land-use deviations in tourism-linked real estate developments.Read more

02 May 2026

India’s real estate sector recorded USD 5.1 billion in investments during the first quarter of 2026, according to CBRE, reflecting a 72 per cent year-on-year rise and the highest quarterly inflow on record. The surge was largely driven by domestic capital, which accounted for about 96 per cent of investments, with developers and REITs contributing a significant share. Key markets such as Bengaluru, Mumbai and Delhi NCR together attracted nearly two-thirds of the capital. The inflows span residential, office, and emerging asset classes, indicating a shift towards institutional-grade, income-generating assets. The trend highlights sustained investor confidence supported by stable demand and macroeconomic conditions.Read more

02 May 2026

Umiya Buildcon Limited reported a strong financial performance for the fourth quarter and full year ended recently, with consolidated annual revenue rising to INR 7,236.5 lakh, marking a 48.9 per cent year-on-year increase. The growth was led by the products segment, which recorded its highest quarterly sales in a decade and nearly 80 per cent annual growth. The company also saw continued traction in its real estate vertical, driven by project activity in Candolim, Goa, and central Bengaluru. While the solutions segment remained stable, overall performance was supported by diversified operations spanning telecom, networking, and property development, alongside a healthy order pipeline and ongoing project execution.Read more

02 May 2026

The CREDAI–Liases Foras report on India’s residential real estate market shows strong value-led growth across 50 major cities during 2025. Primary sales reached 614,218 units with a total value of INR 8.46 lakh crore, marking a 16% rise in value terms compared to the previous year. Premium housing continued to dominate, with properties above INR 1 crore contributing 78% of total sales value. The report also highlights steady price appreciation in key cities, balanced supply conditions, and the growing economic role of real estate, which now contributes 7.1% to India’s GDP.Read more

01 May 2026

Neo Alternative Asset Managers has completed the first close of its second infrastructure-focused income fund, raising INR 1,500 crore out of a planned INR 5,000 crore corpus. The fund will invest in operational infrastructure assets with stable revenue streams, largely backed by government contracts. Its focus includes roads and renewable energy sectors, offering predictable long-term income. The firm, which manages over INR 25,000 crore in assets, plans to diversify through select investments such as privately listed InvITs. The move reflects growing investor interest in infrastructure as a steady income-generating asset class.Read more

01 May 2026

The Executive Centre (TEC), a Hong Kong-based managed office space provider, has expanded its presence in India by leasing around 90,000 sq ft across Mumbai and Pune. The company plans to set up three new co-working centres, adding over 1,000 workstations. This move comes amid rising demand for flexible workspaces, which now account for a notable share of Grade A office leasing. Industry data shows strong growth in co-working space absorption, while TEC is also preparing to raise up to INR 2,600 crore through an upcoming IPO, indicating its broader growth strategy in India.Read more

7 hours ago

Avhad Group has launched Avhad Bayline Residences in Mahim, marking its entry into South Mumbai’s premium housing segment. The project, introduced in the past week, has reported encouraging initial demand from homebuyers seeking centrally located, design-led residential developments. Comprising 251 units with extensive lifestyle amenities spread across multiple levels, the development reflects a growing preference for community-oriented living within established urban neighbourhoods. Designed in collaboration with architect Reza Kabul, the project integrates sustainability features alongside premium amenities. The launch highlights continued demand for upgrade housing within city limits, particularly in well-connected micro-markets such as Mahim.Read more

02 May 2026

Alliance City Developers Realtors Pvt. Ltd. has reported a development milestone with 19 residential projects across Mumbai over more than a decade, including 12 completed, seven ongoing, and three upcoming developments. Operating in micro-markets such as Matunga, Vile Parle, Santacruz, Malad, Borivali, and Mulund, the developer has delivered over 1.2 million sq ft of housing and handed over homes to more than 700 families. The company continues to focus on redevelopment-led projects with a defined execution timeline, supported by an active pipeline of ongoing and planned developments. Several projects are approaching completion, while new launches are being planned in established residential locations, indicating continued expansion in Mumbai’s redevelopment segment.Read more

02 May 2026

Signature Global has entered into a partnership with Tonino Lamborghini to develop branded residences in Gurugram, marking the Italian brand’s entry into India’s residential real estate sector. The collaboration was formally unveiled at a high-profile event attended by industry stakeholders and company leadership from both sides. The proposed development, located along the Southern Peripheral Road, will comprise over 800 premium residences in multiple configurations, targeting the city’s growing luxury housing demand. Industry observers indicated that the project reflects a rising trend of global luxury collaborations in Indian real estate, particularly in key markets such as Gurugram. The initiative is expected to strengthen the positioning of branded residences, supported by evolving buyer preferences for design-led, globally benchmarked living experiences.Read more

01 May 2026

Omaxe Group has planned an investment of INR 250 crore to develop its premium residential project ‘Omaxe Cassia’ in Lucknow. The project is part of the larger 690-acre Omaxe Metro City township located on Raebareli Road. The company has already recorded strong initial sales, with around 300 units sold out of a total 360 units. The development is aligned with the company’s ongoing expansion strategy in key urban markets. Established in 1987, Omaxe has built a significant presence across India with large-scale residential and commercial developments across multiple states.Read more

01 May 2026

Mahindra Lifespace Developers Ltd reported a marginal rise in consolidated net profit for the quarter ended late in the past financial year, even as its total income recorded a significant increase. The company posted a net profit of INR 90.12 crore, up 6 per cent year-on-year, while quarterly income rose sharply to INR 723.21 crore. For the full financial year, profit and income both registered substantial growth compared to the previous year. The performance reflects higher revenue recognition and improved operational scale across its real estate portfolio during FY26, positioning the company among steadily expanding listed developers in India’s residential and integrated developments segment.Read more

30 Apr 2026

DP World has acquired a 49% stake in Reliance Industries’ multimodal logistics park near Chennai, expanding its presence in India’s logistics sector. The project at Mappedu is being developed as an integrated hub with road, rail and port connectivity to improve cargo movement and reduce costs. Spread across about 184 acres, the facility will handle multimodal freight and offer warehousing and value-added services. The deal builds on the existing partnership between the two companies and supports DP World’s broader plan to strengthen supply chain infrastructure in India.Read more

29 Apr 2026

Azad Engineering has inaugurated a 7,600 sq metre lean manufacturing facility in Hyderabad to strengthen its long-standing partnership with Baker Hughes. The unit, located within its Centre of Excellence, is designed to enhance production scale, speed, and precision. This marks the company’s fourth dedicated facility, reflecting its continued capacity expansion to meet rising global demand across key sectors. The move also highlights Telangana’s growing prominence in precision engineering, supported by strong export growth, MSME participation, and investments from global OEMs.Read more

28 Apr 2026

Amazon India has announced an investment of over INR 2,800 crore to improve associate safety, health, and financial wellbeing while expanding its logistics and delivery network. The move builds on earlier investments and supports its long-term plan to invest over USD 35 billion in India by 2030. The company will scale fulfilment infrastructure, strengthen last-mile delivery, and expand quick commerce operations. It will also enhance insurance, social security access, and workplace facilities for associates, while improving service reach across tier II and III cities.Read more

27 Apr 2026

CIDCO has proposed an Integrated Logistics Park (ILP) spanning around 374 hectares in Navi Mumbai to strengthen the region’s position as a national logistics hub. The project will be developed near Chirle Village in Pushpak Node and will include core infrastructure, utilities and social amenities. The initiative is backed by Navi Mumbai’s proximity to JNPA port, the upcoming Navi Mumbai International Airport, and connectivity through major infrastructure such as the Mumbai Trans Harbour Link and Dedicated Freight Corridor. CIDCO has initiated the pilot phase by inviting bids for 12 plots. The development aligns with rising demand from e-commerce, manufacturing and trade, and aims to create a structured logistics ecosystem to improve cargo movement and attract investments.Read more

27 Apr 2026

Shadowfax Technologies has launched ‘Shadowfax 360’, a self-serve digital logistics platform aimed at small and medium enterprises (SMEs) and direct-to-consumer (D2C) brands. The platform enables businesses to begin shipping operations within minutes without technical integration or minimum order commitments. It provides access to Shadowfax’s network spanning over 15,000 pincodes across more than 2,500 cities, along with features such as flat-rate pricing, AI-led return risk assessment and e-commerce integrations. The move is part of the company’s strategy to diversify beyond large enterprise clients and expand its merchant base among early-stage and online-first businesses, while improving logistics accessibility and efficiency across the digital commerce ecosystem.Read more

47 minutes ago

Yatra Online Limited has upgraded its AI-powered travel assistant, DIYA, to support end-to-end planning and booking of multi-city and multi-country itineraries within a single chat interface. Announced recently, the feature allows users to create and book complex travel plans across destinations without switching platforms. The assistant integrates flights, hotel stays, and local experiences into a single itinerary while supporting multiple journey formats. Powered by advanced artificial intelligence models and available across web and mobile platforms, the upgrade reflects a broader shift towards automated, conversational travel planning, reducing manual effort and streamlining the booking process for increasingly complex travel requirements.Read more

1 hour ago

The Government has outlined plans to increase the tourism sector’s contribution to India’s GDP from 5.22 per cent to 10 per cent over the next decade, supported by rapid expansion in transport and infrastructure networks. The target was highlighted during the 15th edition of The Great Indian Travel Bazaar in Jaipur, where officials pointed to growth in airports, rail connectivity, and aviation capacity as key drivers. Domestic tourism has risen sharply, crossing 4 billion visits, while international arrivals and foreign exchange earnings have also doubled. The push is expected to require significant expansion in hotel capacity and destination development.Read more

4 hours ago

SOTC Travel has inaugurated its 100th retail store at Nariman Point, Mumbai, marking a key milestone in its physical network expansion across 53 cities in India. The move reflects the company’s continued focus on strengthening its omnichannel distribution strategy by integrating physical retail with digital platforms. The outlet is positioned to cater to high-value urban consumers, including corporate and affluent travellers. Alongside retail expansion, the company is investing in technology-driven solutions and customised travel offerings to address evolving consumer preferences across segments, including leisure, spiritual and experiential tourism. The development highlights sustained growth in organised travel services and premium customer engagement in metro markets.Read more

02 May 2026

Hotels in Ajman have supported a recently announced incentive package by the Ajman Department of Tourism Development, aimed at easing operational challenges in the hospitality sector. Introduced under the leadership of the emirate’s executive authorities, the measures include temporary fee deferrals, penalty waivers, and flexible payment mechanisms. Industry stakeholders indicated that the initiative comes at a time of softer occupancy levels and margin pressures, providing short-term financial relief while reinforcing long-term confidence. The move is positioned to strengthen public-private collaboration, improve the emirate’s competitiveness as a tourism destination, and sustain investment interest in the hospitality sector.Read more

01 May 2026

Brigade Hotel Ventures reported a consolidated net profit of INR 64.59 crore for FY26, marking a sharp increase of around 173% compared to the previous financial year. The company’s total income rose to INR 543.44 crore, reflecting steady growth in hospitality operations. The performance was supported by higher average room rates and improved revenue per available room across its portfolio. The results indicate continued recovery and expansion in the hotel sector, driven by domestic travel demand and operational efficiencies across Brigade’s hospitality assets.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

16 Mar 2026

India's real estate sector is steadily moving from traditional practices to a technology-driven ecosystem, with the PropTech segment projected to reach about USD 3.79 billion to USD 4.29 billion by 2030. In this evolving environment, PropTech Pulse has positioned itself as a knowledge-focused digital platform aimed at improving transparency and decision-making in property transactions. The platform combines data tools, market insights, verified listings, and financing assistance to support developers, investors, lenders, and homebuyers. By prioritizing access to verified information and educational resources, the platform seeks to address long-standing trust issues that have affected India's property market for decades.Read more

23 Feb 2026

As property transactions continue to rise across Tamil Nadu, Chennai-based proptech platform LandLens has positioned itself as a due diligence tool aimed at identifying land and property risks before purchase decisions are finalised. Developed by Verified.RealEstate, the platform integrates land records, zoning regulations, environmental indicators and infrastructure constraints into a single digital interface. Industry experts note that many real estate disputes arise not from lack of data but from fragmented information spread across departments, making holistic assessment difficult for buyers. Recent cases involving temple land claims, coastal regulation restrictions and environmental compliance issues have reinforced the need for early verification. LandLens seeks to address this gap by structuring public data into actionable insights, supporting buyers, investors and developers in making informed property decisions before financial commitments are made.Read more

23 Feb 2026

OpenAI and JioHotstar have partnered to integrate streaming recommendations into ChatGPT, enabling users to receive direct links to shows, movies and live sports available on the platform. Entertainment-related queries on ChatGPT will now feature contextual suggestions from JioHotstar's catalogue. The collaboration also introduces a ChatGPT-powered voice discovery feature within the JioHotstar app, allowing users to search by mood, intent or context using natural voice prompts. The companies said the integration aims to simplify content discovery and personalise viewing experiences. The move highlights the growing role of artificial intelligence in reshaping India's digital streaming and media landscape.Read more

02 May 2026

India’s edible oil import strategy is expected to shift from price-led procurement to supply-driven sourcing amid geopolitical tensions in West Asia, climate uncertainties, and energy market linkages, according to the Indian Vegetable Oil Producers’ Association. Speaking at an international industry conference recently, a senior IVPA official highlighted that weak monsoons, elevated crude oil prices, and rising biofuel demand are tightening global edible oil availability. India, which imports nearly 60 per cent of its edible oil requirement, is projected to maintain imports at around 16.5 million tonnes in the current oil year. While palm oil is expected to dominate the import basket due to cost advantages, policy interventions and domestic production initiatives are likely to influence future trade patterns.Read more

28 Apr 2026

Indian government bond yields moved higher in recent sessions as crude oil prices crossed USD 100 per barrel following escalating tensions between the US and Iran. The disruption in the Strait of Hormuz, a key global energy route, has raised concerns over supply constraints and rising import costs for India. Market participants are factoring in higher inflation risks and potential pressure on economic growth. The rupee weakened, equity markets declined, and swap rates rose, reflecting broader market caution. The Reserve Bank of India has indicated a wait-and-watch approach, viewing the oil surge as a supply-driven shock.Read more

26 Apr 2026

The Union government has generated over INR 4,000 crore from scrap disposal over the past five years, highlighting the economic potential of recycling within India’s circular economy framework. Speaking at a global symposium on resource efficiency, Minister Jitendra Singh stated that recycling is emerging as a key growth driver for startups and MSMEs, moving beyond large industrial players. Policy measures such as the Extended Producer Responsibility (EPR) framework and revised Solid Waste Management Rules, effective from earlier this month, are strengthening compliance and digital monitoring. With participation from around 75,000 producers and 5,000 recyclers, the circular economy is increasingly influencing sectors including infrastructure, manufacturing and energy, supported by industry collaborations and pilot projects across key material streams.Read more

15 Apr 2026

Shri Narendra Modi and Donald Trump held a discussion on the West Asia crisis, focusing on ensuring the Strait of Hormuz remains open amid rising global energy concerns. The conversation, held in the past week, also covered progress in India US bilateral ties. US officials indicated that several big-ticket agreements, particularly in the energy sector, are expected to be finalised in the coming weeks. The development comes against the backdrop of tensions involving Iran and disruptions to global shipping routes. Both countries are also preparing for upcoming diplomatic engagements, including a planned visit by senior US officials to India, signalling continued efforts to stabilise and strengthen bilateral relations.Read more

14 Apr 2026

Escalating conflict in West Asia could push up to 2.5 million Indians into poverty and impact economic stability, according to a UNDP report. Rising fuel prices, higher freight costs and supply disruptions are reducing purchasing power, increasing food insecurity and straining public finances. India's strong dependence on the region for oil, fertilisers and trade makes it vulnerable to these shocks. Export delays, rising input costs and risks to the Kharif season may affect businesses and agriculture. Remittances from Gulf countries could also slow, impacting incomes, while job risks rise across key sectors, highlighting growing pressure on supply chains and economic resilience.Read more

17 minutes ago

Actor Tiger Shroff has invested in a residential unit at Breez by Danube, a waterfront project in Dubai Maritime City developed by Danube Properties. The transaction highlights continued interest from global investors and high-net-worth individuals in Dubai’s residential market, particularly in premium waterfront developments. The project offers fully furnished apartments and multiple lifestyle amenities, positioned within an emerging coastal district. The investment reflects sustained demand for Dubai real estate, supported by investor-friendly policies, rental yield potential and infrastructure growth. The development is part of Danube Properties’ broader portfolio of mid-to-premium housing offerings in the UAE.Read more

6 hours ago

Cibus Nordic Real Estate AB reported a steady performance for the first quarter, with rental income reaching EUR 45.3 million, up from EUR 39.1 million in the same period last year. Profit from property management stood at EUR 20.9 million, compared to EUR 18.4 million a year ago, excluding non-recurring items and currency impacts. The company, which focuses on grocery-anchored properties across Nordic markets, has continued to benefit from stable tenant demand and long-term lease structures, supporting consistent income growth.Read more

8 hours ago

A recent global report shows that tropical forest loss declined sharply in the past year, mainly due to stronger policy action in Brazil. However, overall deforestation levels remain higher than global targets, with agricultural expansion continuing to be the biggest driver. Climate change is also worsening forest conditions, leading to more frequent and intense fires. While some countries have managed to control forest loss through consistent policies, emerging policy changes and environmental pressures could reverse recent gains and slow progress towards global forest conservation goals.Read more

02 May 2026

Travis Perkins reported a decline in first-quarter like-for-like sales amid continued weakness in the UK construction market. The company faced pressure from subdued housing demand and high interest rates, while rising energy costs added to input expenses. Despite this, it has been working to pass on higher manufacturer prices to customers. Its Toolstation business showed resilience, partly offsetting weaker merchanting performance. Meanwhile, Howden Joinery posted revenue growth supported by price hikes. Analysts caution that rising prices may impact volumes as consumers delay spending.Read more

02 May 2026

A fire at an under-construction multi-storey residential building in northern Moscow led to the death of at least seven people and left 13 injured. The incident took place in the Aeroport district, where nearly 200 workers were believed to be present at the time. Emergency teams rescued over 30 individuals as firefighters worked through heavy smoke to control the blaze. Authorities have initiated a criminal investigation into possible violations of construction safety norms. The incident has once again highlighted concerns around worker safety and compliance at construction sites in Russia.Read more