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06 Jul 2026
• The National Highways Authority of India (NHAI) has invited bids for the construction of the 62.7-km Thiruvananthapuram Outer Ring Road (ORR) from Navaikulam to Vizhinjam in Kerala.
• The project, estimated to cost INR 8,004.72 crore, will be developed on a Build-Operate-Transfer (BOT) mode as part of NH-866.
• Bidding documents are available from June 5 to August 6, 2026, with online bids to be submitted by August 5 and opened on August 7.
• The proposed corridor is expected to enhance regional connectivity by linking Navaikulam and Vizhinjam, supporting smoother movement of passenger and freight traffic.Read more
06 Jul 2026
Coal India Limited (CIL) has secured an INR 2,831.11 crore contract to develop a 600 MW solar power plant at Jalaun Solar Park in Uttar Pradesh. Awarded by Bundelkhand Saur Urja Limited, the project comprises two 300 MW units and will supply electricity at a tariff of INR 2.73 per kWh. The project strengthens CIL's renewable energy portfolio and supports the company's strategy to expand clean energy infrastructure alongside its core mining business.Read more
05 Jul 2026
The National Highways Authority of India (NHAI) is moving closer to making the entire Delhi–Jaipur stretch of NH-48 barrier-free by expanding its Multi-Lane Free Flow (MLFF) tolling system. Following the rollout at Daulatpura and the latest launch at Manoharpura Toll Plaza, the authority now plans to upgrade Shahjahanpur Toll Plaza as well. The technology-driven initiative aims to eliminate toll barriers, reduce travel time, improve fuel efficiency and create a seamless commuting experience on one of India's busiest highway corridors.Read more
05 Jul 2026
Jindal Stainless has appointed Kunjal Mehta as its Chief Financial Officer (CFO), effective June 25, 2026, following approval from the company's Board. Mehta succeeds to the role after serving as CFO of Adani Energy Solutions and brings more than 25 years of experience across the steel, power, ports, logistics and technology sectors. He will oversee the company's finance function, including treasury, capital management, financial planning, investor relations, risk management and strategic growth initiatives. The appointment comes as Jindal Stainless continues to expand its operations and strengthen its financial management framework to support long-term growth and capital allocation.Read more
05 Jul 2026
With the arrival of the monsoon, homeowners face challenges such as water seepage, dampness, structural deterioration and electrical hazards that can affect both property and occupant safety. This guide outlines practical measures to prepare homes for the rainy season, including structural inspections, waterproofing, drainage maintenance, electrical safety checks and moisture control. It also highlights the importance of climate-responsive design features that improve resilience against extreme weather. Timely maintenance and preventive action can help protect homes, reduce repair costs and ensure a safer, more comfortable living environment throughout the monsoon.Read more
05 Jul 2026
Rapid urbanisation, rising vehicle ownership and shrinking land availability are intensifying parking challenges across India's major cities, particularly Mumbai. As conventional parking models become increasingly inefficient in high-density developments and redevelopment projects, Automated Parking Systems (APS) are emerging as a space-efficient alternative. By optimising land utilisation, improving traffic flow within buildings and enhancing safety and convenience, APS is gaining traction among developers and urban planners. With global cities already adopting advanced parking technologies, intelligent parking solutions are expected to play a growing role in supporting future urban development in India.Read more
05 Jul 2026
Developers across the Gulf region need to rethink residential design as rising temperatures and heat stress expose the limitations of conventional construction methods, according to Talal M. Al Gaddah, CEO and Founder of Keturah. Citing new research from the European Centre for Medium-Range Weather Forecasts, he said luxury homes should increasingly incorporate materials and systems designed to address heat, humidity and indoor air quality. The comments come as the UAE and Saudi Arabia continue to promote sustainable urban development through long-term planning frameworks, while buyers place greater emphasis on healthy indoor environments alongside traditional luxury features.Read more
05 Jul 2026
The National Capital Region's proposed Namo Cities represent a shift in urban planning, placing high-capacity transit infrastructure at the centre of future development. Planned under Regional Plan 2041 as mixed-use, transit-oriented urban centres around Namo Bharat stations, the initiative aims to accommodate a rapidly expanding population while promoting balanced regional growth. Backed by a Central allocation of INR 5,000 crore and informed by the real estate gains witnessed along the Delhi–Meerut RRTS corridor, the proposal reflects a broader strategy to steer housing, employment and investment towards well-connected locations. Its long-term success, however, will depend on timely execution, supporting infrastructure and sustained economic activity.Read more
05 Jul 2026
Mumbai-based developer UK Realty has partnered with California-headquartered Slate Technologies Inc. to deploy an artificial intelligence-powered construction intelligence platform across its operations, becoming the first developer in Maharashtra to adopt the technology. The platform will initially be implemented across approximately 20 lakh sq ft of ongoing residential projects in Andheri, Jogeshwari and Kandivali, with full deployment targeted by the third quarter of FY2026–27. The AI platform will support project management, quality inspections, site monitoring, procurement, safety analytics and delay prediction, enabling data-driven decision-making aimed at improving project delivery, operational efficiency and construction quality.Read more
05 Jul 2026
Navi Mumbai Mayor Sujata Patil inspected several flood-prone locations across the municipal limits following three days of continuous rainfall to review the city's monsoon preparedness and emergency response measures. During the inspection, she assessed waterlogging from Belapur to Digha, reviewed dewatering operations and directed officials to strengthen drainage management. The visit also followed an incident beneath the Nerul LP flyover where two young women sustained electric shocks in a waterlogged area and were admitted to hospital. According to the Navi Mumbai Municipal Corporation (NMMC), both are in stable condition. The civic body recorded 105.46 mm of rainfall across its jurisdiction on July 1 and has deployed emergency personnel and pumping equipment in vulnerable locations.Read more
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05 Jul 2026
Myanmar's government is preparing to restart the long-delayed Myitsone hydropower project in Kachin State, with construction expected to be completed in around eight years. Backed by China, the USD 3.6 billion project has remained suspended since 2011 due to public opposition over environmental and social concerns. Officials say fresh assessments and modern technology will help address safety and displacement issues, while civil society groups continue to oppose the project. The dam's revival comes as Myanmar seeks to address its electricity shortage and strengthen economic ties with China.Read more
05 Jul 2026
The National Highways Authority of India (NHAI) has launched a comprehensive drainage initiative to address recurring flooding and waterlogging along NH-66 in Ernakulam, expanding a wider flood mitigation programme being implemented across Kerala. The project aims to improve connectivity between highway drains and natural water channels, tackling one of the key causes of monsoon flooding. By working with district administrations and local bodies, NHAI hopes to strengthen climate resilience, protect highway infrastructure and provide long-term relief to residents living along the busy national highway corridor.Read more
05 Jul 2026
The Navi Mumbai Municipal Corporation (NMMC) has demolished an unauthorised structure in the Juhugaon area of Vashi as part of its ongoing drive against illegal constructions. The action was carried out earlier this week after the occupants failed to comply with a notice issued under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The demolition was undertaken under the supervision of senior civic officials with support from the encroachment department, police personnel, security staff and labourers using specialised equipment. The civic body has reiterated that enforcement against unauthorised developments will continue to be intensified across Navi Mumbai to ensure compliance with planning regulations.Read more
04 Jul 2026
The Navi Mumbai Municipal Corporation (NMMC) has carried out a demolition drive against unauthorised constructions in the Belapur division as part of its ongoing enforcement against illegal developments. The action was undertaken under the directions of Municipal Commissioner Dr Kailas Shinde and supervised by Additional Commissioner (II) Dr Rahul Gethe and Deputy Commissioner Dr Amol Palwe. The demolition targeted two unauthorised structures in Agroli and Karave villages after notices issued under Section 54 of the Maharashtra Regional and Town Planning (MRTP) Act failed to secure voluntary compliance. The operation involved officials from the Belapur ward office, civic staff, police personnel and heavy equipment to remove the illegal constructions.Read more
04 Jul 2026
The Union Cabinet has approved the construction of the 117.7-km Kanpur–Kabrai access-controlled greenfield highway in Uttar Pradesh at an estimated cost of INR 7,145.14 crore. The project, to be implemented by the National Highways Authority of India (NHAI) under the Build-Operate-Transfer (BOT-Toll) model, forms a key section of the Bhopal–Kanpur Economic Corridor. Designed for future six-laning, the highway is expected to significantly reduce travel time, strengthen freight movement, improve regional connectivity and support industrial growth across Uttar Pradesh and Madhya Pradesh.Read more
04 Jul 2026
Andheri West has evolved from a collection of distinct residential pockets into one of Mumbai's most integrated and mature urban markets, supported by sustained infrastructure development and strong connectivity. According to Parthh K. Mehta, CMD of Paradigm Realty, projects such as the Mrinal Tai Gore Road, Metro Lines 1 and 2A, road upgrades, and the upcoming Bandra–Versova Sea Link and Coastal Road extensions are enhancing accessibility across the western suburbs. The locality's established social infrastructure, proximity to major employment hubs, and premium residential ecosystem continue to support demand and capital appreciation across micro-markets including Versova, Lokhandwala, Oshiwara and Four Bungalows. With redevelopment, limited land availability and long-term infrastructure investment, Andheri West is positioned as one of Mumbai's most resilient and well-established residential destinations.Read more
04 Jul 2026
HiLITE Group has announced plans to invest INR 25,000 crore over the next five years to develop 50 million sq ft of real estate across Kerala, covering retail, information technology, healthcare, education, residential and commercial projects. The expansion will focus on Tier 2 and Tier 3 cities through new HiLITE Centre and HiLITE Countryside developments while also advancing major mixed-use, business park and educational projects. The developer's pipeline includes India's largest World Trade Centre project in Kozhikode, new retail destinations, IT infrastructure, educational institutions and wellness facilities, as it seeks to expand organised retail and commercial infrastructure across emerging markets in the state.Read more
04 Jul 2026
The Navi Mumbai Municipal Corporation (NMMC), in coordination with the City and Industrial Development Corporation (CIDCO), demolished an unauthorised ground-plus-one (G+1) reinforced cement concrete (RCC) structure in Nerul as part of a joint anti-encroachment drive conducted earlier this week. The action was carried out on a notified CIDCO plot measuring approximately 600 sq m in Sector 6 after the occupants failed to comply with a statutory notice issued under the Maharashtra Regional and Town Planning (MRTP) Act, 1966. The demolition was undertaken using heavy machinery under the supervision of senior civic officials. The civic body has stated that similar enforcement drives against unauthorised constructions will continue across Navi Mumbai.Read more
04 Jul 2026
AI-based property technology startup MiMove has secured EUR 450,000 (approximately SEK 5 million) in an oversubscribed investment round to support its expansion across Southern Europe. The funding, backed by a group of investors and venture accelerator Hetch, will be used to strengthen the company's sales operations, accelerate market expansion and prepare for a larger fundraising round. Founded with operations in Marbella and Sweden, MiMove uses an AI-driven property search platform to connect international homebuyers with local real estate agents. The company currently serves 260 estate agencies representing nearly 100,000 residential properties across Spain and Portugal, where demand from overseas buyers continues to grow.Read more
04 Jul 2026
India's redevelopment boom is reshaping urban landscapes while driving strong demand for advanced vertical mobility solutions across major cities such as Mumbai, Pune, Thane and Delhi NCR. As ageing low-rise buildings give way to taller residential, commercial and mixed-use developments, developers are increasingly investing in high-performance elevator systems that improve efficiency, safety and user experience. The trend is accelerating the adoption of smart, energy-efficient and space-saving technologies, while also boosting elevator modernisation in existing buildings. As cities continue to build vertically, modern vertical transportation is becoming a fundamental element of redevelopment-led urban growth.Read more
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