25 May 2026

• The Radisson Blu Hotel Nathdwara Stadium is being developed as India’s first integrated cricket stadium hotel project near Udaipur, Rajasthan.
• The development combines an international-standard cricket stadium with a luxury Radisson Blu hotel offering direct stadium-view rooms and hospitality facilities.
• Developed by the Miraj Group, the project is positioned as a sports tourism, hospitality and events destination targeting cricket, weddings and corporate gatherings.
• The integrated complex is expected to strengthen Nathdwara’s positioning beyond pilgrimage tourism through sports and experiential hospitality infrastructure.Read more

25 May 2026

•MMRDA has secured investment commitments worth around USD 40 billion at the World Economic Forum in Davos for projects across the Mumbai Metropolitan Region.
•The proposed investments are expected to support infrastructure, logistics, residential, commercial and economic development initiatives under the Mumbai 3.0 framework.
•Officials stated that the investment proposals are aimed at accelerating regional growth, strengthening connectivity and expanding employment-linked urban infrastructure across MMR.
•Reports indicate that the new city model focuses on integrated infrastructure, decentralised growth and long-term economic development planning for the Mumbai Metropolitan Region.Read more

25 May 2026

The National Highways Authority of India (NHAI) has signed a memorandum of understanding (MoU) with the Norwegian Geotechnical Institute (NGI), Norway, to enhance technical capabilities in national highway infrastructure development. The partnership focuses on tunnel engineering, slope stability analysis, safety monitoring and infrastructure risk mitigation. Under the agreement, NGI will support feasibility studies, Detailed Project Reports (DPRs), tunnel safety audits and advanced geotechnical assessments. The collaboration will also include the use of InSAR-based slope monitoring and early warning systems. The move comes as India continues to expand highway connectivity in hilly and geologically sensitive regions.Read more

25 May 2026

• The Maharashtra government plans to set up an expert committee to accelerate Pune’s proposed underground road network project spanning nearly 54 km across the city.
• The proposed tunnel corridors are aimed at reducing traffic congestion, improving east-west connectivity and easing pressure on key arterial roads in Pune.
• Authorities are evaluating technical feasibility, alignment planning, funding models and integration with wider mobility and urban infrastructure projects across the city.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

25 May 2026

Putprop Ltd has entered into an agreement with Bluhire Proprietary for the sale of its Montana Park property for R29 million. The transaction was disclosed through a regulatory filing on the Johannesburg Stock Exchange during the past week. The move forms part of Putprop’s ongoing portfolio management strategy as property companies continue to evaluate asset performance and capital allocation amid changing market conditions. The company has not yet disclosed further operational details related to the property or timelines linked to the completion of the transaction.Read more

25 May 2026

The BJP-led Mahayuti alliance in the Brihanmumbai Municipal Corporation has proposed one underground parking facility in each of Mumbai’s 27 wards as part of its congestion management plan. The parking hubs are proposed beneath gardens and playgrounds to address parking shortages without additional land acquisition in densely populated areas. The proposal was included in the alliance’s 100-day municipal report released on 22 May, with civic officials stating that corporators, MLAs and ward authorities have been asked to identify suitable plots in line with Development Control and Promotion Regulations provisions.Read more

25 May 2026

• Rapid Holdings 2 Pte Ltd, backed by Brookfield Asset Management, sold over 3.04 crore units of Energy Infrastructure Trust through a block deal on the BSE.
• The transaction was valued at around INR 231.34 crore and executed at an average price of INR 76.10 per unit.
• Tara Investments 2 (Incorporated VCC Sub-Fund) purchased the same number of units in a matching deal.
• Energy Infrastructure Trust units ended flat at INR 76.70 on the BSE after the transaction.
• The deal comes amid continued institutional interest in India’s InvIT and infrastructure investment segment.Read more

25 May 2026

Suzlon has secured a repeat 195 MW wind energy order from Sunsure Energy, strengthening its position in India’s renewable energy sector. With this order, Suzlon’s 3 MW platform has reached nearly 9 GW in total sales, reflecting continued market adoption. The partnership between both companies now stands at around 300 MW across Maharashtra and Karnataka. Suzlon’s orderbook in Karnataka has crossed 2 GW, while its installed base in the state is 1,500 MW. The project includes installation of 65 wind turbine generators along with execution and long-term operations and maintenance services.Read more

25 May 2026

JSW Cement Ltd reported a sharp rise in consolidated net profit for the March quarter, supported by strong cement and GGBS sales growth. The company posted a profit of INR 361.65 crore compared to INR 16.21 crore in the year-ago period, while revenue from operations also increased. Sales volumes across cement and slag segments remained strong during both the quarter and FY26. Despite the quarterly growth, the company reported a higher annual net loss due to exceptional financial expenses. JSW Cement also approved a new capacity expansion project at its Nagaur plant in Rajasthan to strengthen its production footprint in North India.Read more

25 May 2026

• The Union Ministry of Road Transport and Highways has sanctioned over INR 11.6 crore for two underpass projects on NH-66 in Mangaluru.
• Around INR 7.1 crore has been approved for a light vehicular underpass at the accident-prone Baikampady Junction.
• Another INR 4.5 crore has been cleared for an underpass near KIOCL Junction and Kulur Bridge to improve traffic flow towards Tannirbhavi and MSEZ.
• The projects are aimed at reducing congestion, improving road safety and supporting industrial and port-related traffic movement in Dakshina Kannada.
• The approvals come after port-area roads in the region were transferred to NHAI to speed up infrastructure development works.Read more

25 May 2026

Rail Vikas Nigam Ltd (RVNL) has received approval from Bidhannagar Police to begin construction work on a crucial 120-metre viaduct gap on VIP Road for Kolkata Metro’s Orange Line project connecting New Garia and the airport. The pending work near Kaikhali and Haj House had remained delayed for a long period because of traffic movement concerns and construction permissions. The latest approval comes shortly after progress at Chingrighata, where another important viaduct gap was bridged on the corridor. With multiple pending sections now moving ahead, authorities are looking to speed up construction on the remaining stretches of the Kolkata Airport Metro route.Read more

25 May 2026

The first Delhi section of the Delhi-Mumbai Expressway between DND Flyway and Jaitpur is expected to be completed within the next few weeks, according to Union Road Transport and Highways Minister Nitin Gadkari. The stretch is part of the larger DND-Faridabad-Sohna access-controlled corridor and is expected to ease congestion for commuters travelling from Noida, East Delhi and South Delhi towards Haryana and western India. The project is also expected to improve connectivity to the upcoming Noida International Airport at Jewar through a separate under-construction link road. Officials said the corridor is part of a broader Delhi-NCR decongestion and mobility improvement plan.Read more

24 May 2026

• The Maharashtra Coastal Zone Management Authority (MCZMA) has scaled down a proposed luxury housing project in Nerul to seven towers after examining Coastal Regulation Zone (CRZ) related concerns.
• The project came under regulatory scrutiny during the coastal clearance review process, with authorities assessing development impact and permissible construction norms.
• The decision highlights increasing regulatory oversight on large real estate projects proposed near environmentally sensitive coastal and creek-side zones in the Mumbai Metropolitan Region.Read more

24 May 2026

• A commercial tower proposal has emerged as part of the development plan for Mulund salt pan land linked to the Dharavi Redevelopment Project (DRP).
• The proposed project includes one commercial building, free-sale residential towers and rehabilitation housing for Dharavi residents.
• The development forms part of nearly 256 acres of salt pan land across Mulund, Kanjurmarg and Bhandup being developed by Navbharat Mega Developers Pvt. Ltd., in which the Adani Group holds an 80 per cent stake.Read more

24 May 2026

Uttarakhand is set to get its first construction and demolition (C&D) waste processing plant in Dehradun as the state moves to improve scientific waste management and reduce illegal dumping of debris. The proposed facility will process waste generated from construction, renovation and demolition activities and convert it into reusable materials. The move is expected to support cleaner urban development and reduce pressure on landfill sites. The project also comes amid growing concerns over unmanaged C&D waste in urban areas and follows earlier state-level efforts to strengthen solid waste management infrastructure in Dehradun and nearby cities.Read more

Mr. Samyag Shah, Director, Marathon Nextgen Realty Ltd

24 May 2026

Panvel is emerging as one of the Mumbai Metropolitan Region’s most closely watched infrastructure-led growth corridors as large-scale connectivity projects and the upcoming Navi Mumbai International Airport reshape its long-term urban and economic significance. Industry stakeholders indicate that the region is gradually transitioning from a peripheral residential market into a larger airport-linked urban ecosystem, supported by transport infrastructure, planned development zones and expanding social infrastructure. Connectivity projects including the Mumbai Trans Harbour Link, Panvel-Karjat corridor, proposed metro links and multimodal transport corridors are improving accessibility across the region. At the centre of this transition is the Navi Mumbai Airport Influence Notified Area (NAINA), which is expected to support residential, commercial, logistics and institutional development around the airport ecosystem, positioning Panvel within India’s emerging aerotropolis-led urban growth model.Read more

24 May 2026

Karjat is gradually transitioning from a weekend-home and leisure destination into a potential first-home residential market as infrastructure development, improving connectivity and expanding social infrastructure reshape buyer interest across the Mumbai Metropolitan Region. Industry stakeholders indicate that projects such as the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, the proposed Virar-Alibaug Multimodal Corridor and the Panvel-Karjat suburban rail corridor are expected to significantly improve accessibility over the coming years. Compared to Mumbai and Navi Mumbai, Karjat continues to offer lower residential costs, larger living spaces and lower-density surroundings, attracting first-time buyers, hybrid-working professionals and families seeking long-term liveability. Developers and industry bodies believe the region could evolve into a major residential growth corridor within the next five years.Read more

Vikash Kawar, Director, AGM Vijaylaxmi

24 May 2026

Improved transport infrastructure and enhanced regional connectivity are reshaping commercial real estate activity across Mumbai’s western suburbs, with Goregaon East emerging as a key beneficiary of the shift, according to Vikash Kawar, Director at AGM Vijaylaxmi. In an industry commentary, Kawar highlighted the role of projects such as the Bandra-Worli Sea Link, Coastal Road, Metro Line 7 and the proposed Goregaon-Mulund Link Road in reducing commute times and improving cross-city accessibility. The suburb, once primarily residential, is increasingly attracting Grade A office demand due to its connectivity advantages, competitive rentals and integrated urban ecosystem. The commentary also referenced a major leasing transaction exceeding 73,000 sq ft in Goregaon East, indicating growing occupier confidence in the suburb’s long-term commercial potential.Read more

24 May 2026

• HCBS Developments Limited has partnered with Jindal Stainless to use ‘Jindal Infinity Stainless Steel Rebars’ in its Twin Horizon residential project in Gurugram.
• The rebars are being deployed for diaphragm wall and raft foundation applications due to their corrosion resistance and suitability for high groundwater conditions.
• The 5.29-acre project will comprise two residential towers with 268 housing units and seven commercial spaces.
• Architectural design for the project is being handled by Morphogenesis, while construction execution is being undertaken by Krishna Buildestates Private Limited.
• The developer said excavation and diaphragm wall work for Tower West has been completed, while similar work for Tower East is currently underway.Read more