MHADA has announced the launch of ‘Aapla Davakhana,’ a healthcare initiative offering low-cost medical services across 34 residential colonies in Mumbai. Developed in collaboration with One Rupee Clinic by Magicdil Health for All, the project aims to provide accessible healthcare, including consultations for INR 1 and diagnostic tests for INR 10. Clinics will be set up in various MHADA colonies, benefitting both residents and the general public.

Ferrari, through its dealer Select Cars Private Limited, has leased a 10,000 sq ft space in North Bengaluru for its first service centre and pre-owned car showroom in South India. The 10-year lease, starting March 2024, has a monthly rent of INR 8 lakh and a 4.7% annual escalation.

Sanjay Kukreja, CIO at ChrysCapital, and his wife, Shaveta Sharma, MD of Central Square Foundation, purchased a 11,250 sq. ft bungalow in Golf Links for INR 155 crore from Pradeep Varma, who later bought another property for INR 78.5 crore. The transactions highlight the premium demand for single-owner properties in the area.

The Noida authority has requested a report on the recent Sector 18 fire and approved INR 30 crore for firefighting equipment. Workshops will be conducted to train staff on fire safety. Meanwhile, Greater Noida has allocated INR 30 crore for advanced firefighting tools, including a robotic fire system and high-rise response vehicles.

Reliance Industries has begun its INR 65,000 crore investment in compressed bio-gas (CBG) hubs in Andhra Pradesh, laying the foundation for a INR 139 crore CBG plant in Kanigiri. Spanning 475 acres, the plant will produce 100 tonnes of CBG and support rural livelihoods. The initiative aims to develop 500 of such plants, generating 4 million tonnes of CBG and 1.1 million metric tonnes of organic fertiliser annually, transforming barren land into fertile farmland.

Macrotech Developers accused House of Abhinandan Lodha (HoABL) of forging board resolutions to misuse its brand. It alleged HoABL falsified documents, including an independent director’s signature and PAN details, to rename firms under ‘Lodha’. HoABL denied allegations, calling them baseless. Macrotech previously sued HoABL for INR 5,000 crore over the unauthorised use of the 'Lodha' brand.

Ashok Leyland invested GBP 45 million (INR 500 crore) in its UK subsidiary, Optare Plc, raising its stake to 93%. The funds will aid capital expansion and reduce Switch UK's interest burden.

A study by Pani Haq Samiti and Mumbai University found that BMC’s 2022 Water for All policy has improved access of slums to legal water connections, with 7,043 connections provided from 16,000 applications. However, challenges remain, including bureaucratic hurdles, low water pressure, and contamination. BMC aims to expand supply and reduce water losses.

The Bombay High Court ordered Thane Municipal Corporation (TMC) to reinitiate the demolition of an unauthorised building in Uthalsar, Thane (W) and sought action against Assistant Municipal Commissioner Bhalchandra Ghuge for allegedly protecting the structure. The court criticised delays, directing the Thane police to provide support, ensuring the demolition proceeds without further obstruction.

The NCLT has approved Supreme Infrastructure India’s debt resolution plan, addressing liabilities of INR 2,200 crore. Financial creditors will receive INR 464 crore, with INR 183.29 crore from asset monetisation, INR 147.23 crore from equity infusion, and INR 133.48 crore from pledged asset sales. Creditors will exit with no further exposure.

The BMC has stationed a 10-member team and a vehicle at Shahu Nagar Police Station to clear hawkers and improve traffic flow on Dharavi’s 90- and 60-feet roads and near Sion station. The Sion bridge closure has intensified congestion, causing severe delays, prompting authorities to take corrective measures.

Andheri residents face fresh traffic disruptions as Gokhale Bridge works enter the final phase. Traffic diversions are in place from 1 April to 15 May, affecting routes via Gold Spot Junction and Teli Gully Bridge. Only one phase of the bridge is open, with full access expected by May, 2025.

The NHAI constructed 5,614 km of highways in FY 2024–25, exceeding its target by 9% but falling short of the 6,644 km built in 2023–24. Monetisation revenue stood at INR 28,724 crore, missing the INR 39,000 crore target. Capital expenditure hit a record INR 2.5 lakh crore, up 21% from FY 2023–24.

Greater Hyderabad Municipal Corporation (GHMC) collected INR 100 crore in property tax within 24 hours, driven by a 90% rebate under the One-Time Settlement scheme. Total property tax collection crossed INR 2,000 crore for the first time. A 5% rebate is offered for FY 2025-26 tax payments made before April 30.

Ranchi Municipal Corporation (RMC) collected INR 80.64 crore in property tax for FY 2024-25, the highest in Jharkhand. INR 41.81 crore came from door-to-door collections, INR 17.05 crore from digital payments, and INR 5.38 crore via service centres. A 10% rebate is offered for payments made before June.

Tripura CM Manik Saha stated that 95% of Agartala Smart City Mission work is complete, with the remaining projects to finish by May 2025. The project, worth INR 541.04 crore, includes 65 initiatives, with INR 490 crore coming from the Centre. Key ongoing works include airport road widening, lake revitalization and park development.

Greater Visakhapatnam Municipal Corporation’s (GVMC) property tax collection crossed INR 500 crore for the first time, reaching INR 510 crore in FY 2024-25—INR 56 crore more than the previous year. The shift to market-based tax calculations, tax net expansion, and stricter defaulter collections contributed to this record-breaking revenue.

Noida’s stamps and registration department collected INR 4,230 crore in FY 2024-25, an 18% YoY increase and the highest in a decade. Of 18,405 registered flats, 11,991 were from stalled projects. The rise is attributed to property registrations under UP’s zero-period waiver scheme for builders.

Over 2,630 real estate projects in Karnataka have missed deadlines, with Bengaluru accounting for 1,301 stalled projects. KRERA warned buyers about expired project registrations. While 1,007 projects await extension approvals, stakeholders are citing KRERA’s inefficacy in addressing complaints and protecting homebuyers.

Tripura is constructing its first G+14 high-rise administrative building in Gurkhabasti, featuring earthquake-resistant technology and green standards. Costing INR 133.89 crore, it integrates a pendulum-based base isolator tested in the US. Expected by December 2026, the 20,833 sqm complex will consolidate all directorate offices of the Tripura government.

The Union government is set to extend the Smart City project deadline in Thiruvananthapuram until December. Pending works include Palayam and Chalai market renovations, multi-level car parking, and Rajaji Nagar redevelopment. Additionally, Thiruvananthapuram will implement CITIIS 2.0 for climate-friendly urban development.

British house prices remained unchanged in March, with the market expected to stay subdued following a tax increase on property transactions. The government has lowered the threshold for stamp duty, prompting buyers to expedite purchases ahead of the change. Experts anticipate a temporary slowdown before recovery, aided by low unemployment, rising wages, and potential rate cuts by the Bank of England.

Australia’s property prices reached a record high in March, driven by improved buyer sentiment following the first interest rate cut in over four years. Prices rose by 0.4% month-on-month, with every major city except Hobart posting gains. However, experts remain uncertain whether this upward trend will persist due to affordability concerns.

G Square Realtors aims to double revenue to INR 5,000 crore in FY25 and plans an IPO in 2028. The firm launched 'Aranya' in Porur, Chennai, featuring 464 plots and 125 villas/apartments, priced between INR 4,290-6,000 per sq ft. It operates 61 projects across Tamil Nadu, Karnataka, and Hyderabad.

Runwal Enterprises filed a DRHP with SEBI for a INR 1,000 crore IPO, consisting of a fresh issue. Proceeds will fund debt repayment (INR 650 crore), project acquisitions, and corporate purposes. The firm saw 188.55% revenue growth in FY24. ICICI Securities and Jefferies India are lead managers.

PE-VC firms invested USD 1,108 million across 14 deals in Tamil Nadu in Q1 2025, a sharp rise from USD 53 million in Q1 2024. The largest deal was Neuberg Diagnostics’ USD 109 million funding. Nationally, PE-VC investments reached USD 7.9 billion, led by Bain Capital’s USD 508 million investment in NBFC gold loan company Manappuram Finance.

Hasiru Dala Innovations raised INR 6 crore in a pre-Series A round led by Rainmatter Fintech Investments and Next Bharat Ventures IFSC. The funds will expand its plastics circularity business, enhance recycling capacity, and scale its Bio-gas plant through a joint venture with Carbon Masters.

LehLah, a content commerce startup, secured INR 12.5 crore in seed funding led by Gruhas, co-founded by Nikhil Kamath and Abhijeet Pai. The funds will support product development, brand visibility, and team expansion. LehLah enables creators to monetise influence via affiliate links, partnering with major e-commerce and D2C brands.

Experian expanded its Global Innovation Centre (GIC) in Hyderabad, doubling its space to 85,000 sq. ft. The GIC drives fintech, analytics, and fraud prevention innovations. It operates a “follow-the-sun” model, focusing on cloud migration, AI, and automation. The expansion aims to enhance global technology leadership and talent development.

IndiQube secured SEBI approval for an INR 850 crore IPO, comprising a fresh issue of INR 750 crore and an OFS of INR 100 crore. Proceeds will fund capex, debt repayment, and corporate purposes. The firm operates 103 centres across 13 cities, reported INR 867.6 crore revenue in FY24, and holds a CRISIL A+ rating.

A draft notification for Gautam Budh Nagar proposes circle rate hikes, with Noida’s high-rise apartments rising by 20% and Greater Noida’s by 30%. Agricultural land prices may surge 70% in Jewar, 50% in Greater Noida, and 40% in Noida. Property prices increased while residential demand declined. “Location-based” pricing is introduced.

DTCP recommended revoking OCs for 843 houses in DLF phases 1-5, adding to the 1,588 previously flagged, totalling 2,431. Once OCs are revoked, water, sewer, and electricity connections would be severed. Residents raised concerns over prior approvals, while others supported the move. Sealing and demolitions start in April, while affected parties are considering legal challenges.