As the MUDA land scam unravels, the ED has frozen 92 properties worth more than INR 100 crore. The alleged involvement of Siddaramaiah's family adds political heat to the ongoing investigation into manipulated land allotments and forged records.

Chandigarh's upcoming housing scheme in Manimajra could ease the city's housing crunch. With discussions underway to revise collector rates, the authorities aim to strike a balance between market feasibility and affordability for potential homebuyers.

The Uttar Pradesh government unveiled the Global Capability Centres (GCC) Policy 2024 at the Lucknow Conclave to attract foreign companies and boost investments. The policy offers incentives for setting up back-end tech and financial operations, aligning with India's broader goal of becoming a global business service hub.

The World Bank Group's Chennai office was highlighted by MD Wencai Zhang as a centre for operational excellence and innovation. The facility focuses on financial operations, data services, and global knowledge support. It reinforces India's role in the World Bank's global ecosystem of development services.

Microfinance firm CreditAccess Grameen has secured USD 100 million through a syndicated loan facility led by Sumitomo Mitsui Banking Corporation. The funds will support rural credit expansion and financial inclusion initiatives. The loan is part of the firm's ongoing strategy to diversify global funding sources.

Amazon has signed a lease for more than 1 million sq ft of office space in North Bengaluru with a monthly rent of INR 6.1 crore. The long-term lease is one of the largest office space deals in the region and reinforces Bengaluru's standing as a tech and commercial hub.

The Delhi Development Authority (DDA) has moved the Delhi High Court challenging a Delhi RERA directive that mandates registration of its housing schemes as real estate projects. DDA argues its public agency status exempts it from the Real Estate (Regulation and Development) Act's provisions. The case could set precedent for other government bodies.

Infosys has leased over 1 lakh sq ft of office space at Gujarat International Finance Tec-City (GIFT City) with a monthly rent of INR 57.26 lakh. The lease reflects growing corporate interest in the financial hub and aligns with Infosys's expansion plans in tech-driven SEZs.

Actors Ranveer Singh and Deepika Padukone have renewed the lease for their luxury apartment in Mumbai's Prabhadevi area. The re-registered agreement confirms a monthly rent of INR 10 lakh with a three-year term. The flat, spanning over 5,000 sq ft, is part of a high-end residential tower.

IREDA secures over INR 2,000 crore via oversubscribed QIP to boost renewable energy financing momentum. Source PTI

Blackstone has received CCI approval to acquire a majority stake in Kolte-Patil Developers, boosting its footprint in India's residential real estate market.

The Centre has advised states to fast-track and maintain Smart Cities projects, emphasising institutional support and long-term sustainability in urban transformation efforts.

YEIDA has fixed rates between INR 3,100 and INR 3,900 per sq m to acquire farmland near Noida Airport, targeting industrial growth and planned development around the upcoming aviation hub.

Six relocation sites have been identified for ineligible Dharavi residents under the redevelopment project, ensuring alternative housing as part of the 240-hectare transformation initiative in Mumbai.

The Bombay HC has instructed MMRDA to deposit INR 1,169 crore into the Mumbai Metro One account amid an ongoing dispute with Reliance Infrastructure over Metro Line 1 operations and funding responsibilities.

UP is positioning itself as a top destination for GCCs, backed by robust infrastructure and incentives. Plans include a Noida-like city in Bundelkhand to promote regional growth. Invest UP will hold roadshows in India and abroad to attract investments, while cities like Jhansi are being developed as industrial hubs under the GCC Policy 2024.

Coal India and SMPK have partnered to install solar-powered dynamic lighting on Kolkata's Howrah Bridge. The upgrade includes volumetric lighting and music shows to enhance the 80-year-old bridge's nighttime appeal. The project aims to highlight the structure's design while enhancing the experience for daily commuters, with completion targeted within a year.

DRP CEO SRV Srinivas confirmed that Dharavi's redevelopment prioritises inclusive rehabilitation and equitable land access. While eligible residents will get free homes, others can access rental options in Mumbai. With a focus on protecting livelihoods, the INR 97,500 crore plan aims to revitalise Dharavi into a growth hub for SMEs and local industries.

Markolines Pavement Technologies has won two contracts totalling INR 16.76 crore from Vadodara Kim Expressway Pvt Ltd for restoration works caused by rainwater damage. The projects are due by July 31, 2025. With a growing order book of INR 347 crore, the company sees strong business potential amid India's expanding highway infrastructure.

The Bombay High Court has directed MMRDA to deposit INR 1,169 crore in its arbitration dispute with Reliance Infrastructure's MMOPL over cost overruns in Mumbai Metro Line 1. The court denied interim relief unless the amount is deposited by July 15, making stay on the award contingent upon compliance.

PCMC listed its INR 200 crore green bonds on the BSE to fund the Harit Setu project, a 12-year plan for sustainable urban mobility. The bonds, with a 4-5 year tenor, were oversubscribed 5.13 times. This marks Maharashtra's first municipal green bond, aiming to improve last- and first-mile connectivity with inclusive road infrastructure.

Reliance Defence and Germany's Diehl Defence will jointly manufacture 155mm precision-guided munitions in Maharashtra, aimed at boosting India's defence self-reliance. The collaboration includes a greenfield facility with over 50% indigenous input, aligned with the Make in India programme. Reliance anticipates a potential INR 10,000 crore market and aims to be among India's top three defence exporters.

IHG Hotels & Resorts will open a 150-key Holiday Inn in Ahmedabad by Q3 2028 through a partnership with Atithi Gokul Hotel Inns. The hotel will target modern travellers and benefit from IHG's global network and brand recognition. This move supports IHG's ongoing expansion into key Indian markets.

Uttar Pradesh will set up a research centre with IRRI in Siddharthnagar to boost Kalanamak rice production and exports. Known for its aroma and cultural link to Lord Buddha, the rice fetches INR 250-300/kg. The state plans to expand cultivation to 1,00,000 hectares and support exports through processing centres and logistics schemes.

IHCL has signed a new 115-key Vivanta hotel in Mysuru, partnering with the Farah Group. The move aligns with its strategy to grow in emerging cultural and economic hubs. The hotel marks IHCL's 26th in Karnataka, including 12 under development, supported by improved regional connectivity like the Bengaluru-Mysuru Expressway.

Jakson Green has added 1 GWp of new solar O&M projects across Rajasthan, Chhattisgarh, and Tamil Nadu, raising its total O&M portfolio to 5 GWp. These contracts, managed by Jakson Green Renewables, support the firm's goal of scaling sustainable energy solutions. The company also holds over 8 GWp in global EPC projects and 1.5 GWp under development.

ACC expects major gains from India's USD 2.2 trillion infrastructure investment by 2030, with plans to reach 140 MTPA capacity by FY28. Backed by Adani Group's infrastructure and energy assets, ACC is focusing on cost efficiencies, raw material security, and expanded synergies with Ambuja Cement, while also advancing its digitalisation and sustainability goals.

The Wealth Company has launched the INR 2,000 crore Bharat Bhoomi Fund targeting real estate, including data centres, warehousing, and mid-to-premium housing. Backed by industry veterans and a 1,200-acre project pipeline, the Category II AIF aims to swiftly deploy capital across high-growth cities like Mumbai, NCR, Bengaluru, and Hyderabad, amid rising demand for real assets.

ACME Solar has added 75 MW to its Sikar solar project in Rajasthan, increasing the total commissioned capacity there to 240 MW out of a planned 300 MW. The company's overall operational capacity has now reached 2,806.4 MW.

Sebi has cleared IPO proposals from Kent RO, Karamtara Engineering, Mangal Electrical, and Vidya Wires, aiming to raise around INR 2,500 crore collectively. While Kent's issue is a complete OFS, others include fresh issues to fund debt repayment, capacity expansion, and working capital. All four companies plan to list on BSE and NSE.

L&T has won power transmission and distribution orders worth INR 5,000-10,000 crore in India and the Middle East. Projects include a renewable energy zone transmission line in Andhra Pradesh and gas insulated substations in the Middle East, strengthening the company's global energy infrastructure portfolio.

Prestige Estates targets INR 27,000 crore in property sales for FY26, up 59% year-on-year. The firm plans to launch 25 projects worth INR 42,120 crore across major cities. Strong Q1 sales, including The Prestige City Indirapuram, are driving optimism after a weak FY25 due to project delays and lower revenue.