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04 Jul 2026
Coral Beach Resort Sharjah has received multiple honours at the Hozpitality Group's Middle East Chef Excellence Awards, F&B Excellence Awards and Leaders Powerlist 2026. The resort's beachfront dining venue, Casa Samak Seafood Restaurant, was recognised as the Best Sunset Spot of the Year, acknowledging its seaside location, seafood offerings and dining experience overlooking the Arabian Gulf. Several members of the resort's culinary and food and beverage teams also received individual accolades across leadership and service categories. The awards highlight the resort's hospitality and dining operations, recognising both its signature restaurant and the contributions of its staff.Read more
04 Jul 2026
Mumbai's Matunga-Sion corridor is witnessing renewed interest from developers, investors and homebuyers as redevelopment activity and major infrastructure upgrades strengthen its residential appeal. The micro-market, known for its established social infrastructure, educational institutions and central location, is transitioning from an ageing housing stock to modern residential developments. Industry executives say improved connectivity through the Sion-BKC elevated road, Mumbai Trans Harbour Link (Atal Setu), Coastal Road and Metro network, combined with limited land availability and sustained demand, is supporting long-term capital appreciation. The corridor's strategic location between South Mumbai, western suburbs and key commercial districts is also reinforcing its position as an emerging high-growth residential destination.Read more
03 Jul 2026
Skanska has secured a contract worth EUR 29 million (around SEK 310 million) to construct a new business facility for Garmin in Jyväskylä, Finland. The project will be included in the company's Nordic order bookings for the third quarter of 2026, further strengthening Skanska's presence in Finland's commercial construction market. The contract adds to the company's recent portfolio of technology and business infrastructure projects across the Nordic region. While detailed specifications of the facility have not been disclosed, the development reflects continued investment in modern business infrastructure in Finland.Read more
03 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) has decided to file a police complaint against the contractor responsible for drain repair work at Mumbai's Sakinaka after a 55-year-old man died by falling into an open manhole during heavy rain. The civic body has also suspended four officials pending an inquiry and announced disciplinary action, with the incident sparking renewed scrutiny of safety protocols at civic work sites. The tragedy has intensified calls for stricter supervision of contractors and stronger safeguards during monsoon infrastructure works.Read more
03 Jul 2026
State-owned NBCC has awarded nine construction contracts worth INR 955.13 crore during the first quarter of FY27, covering projects across Jammu & Kashmir and West Bengal. The largest order, valued at INR 334.74 crore, is for the first phase of the Central University of Kashmir campus in Ganderbal. The company has also awarded a nearly INR 200 crore township project for Damodar Valley Corporation in West Bengal. Separately, NBCC recently signed an agreement with the Andhra Pradesh government to construct a new Andhra Pradesh Bhawan in New Delhi at an estimated cost of INR 105.5 crore.Read more
03 Jul 2026
JSW Infrastructure has raised INR 7,503 crore through a Qualified Institutional Placement (QIP), comprising a primary issue of INR 6,555 crore and a promoter offer-for-sale. The capital will fund the company's INR 39,000 crore multi-year capital expenditure programme, strengthen its institutional investor base and support compliance with minimum public shareholding norms. The transaction is the first in India to combine a primary issuance and promoter OFS within a single QIP structure.Read more
03 Jul 2026
Uganda has signed a financing agreement worth EUR 110.5 million (USD 126.1 million) with the local unit of Standard Chartered to support the construction of a 115.8-km road in the Karamoja region. The project is expected to reduce transport costs, improve regional trade, and strengthen connectivity in the mineral-rich northeastern region bordering Kenya. The road will also support major ongoing investments, including a USD 300 million cement plant and a USD 72 million international airport, as the government continues to improve infrastructure to boost economic growth.Read more
03 Jul 2026
Two separate ceiling slab collapse incidents in Mumbai and Navi Mumbai have claimed two lives, once again drawing attention to the structural safety of ageing residential buildings during the monsoon. One tragedy occurred in Kamothe, where a man died after the ceiling of his bedroom collapsed while he was asleep, while another fatal incident was reported in South Mumbai. The accidents have renewed concerns over delayed structural audits, ageing infrastructure and the urgent need for preventive maintenance before the rainy season.Read more
03 Jul 2026
The Bihar government has sought expedited approval from the Centre for road infrastructure projects worth nearly INR 15,000 crore, aiming to accelerate connectivity across the state. Deputy Chief Minister Samrat Choudhary raised the matter during a meeting with Union Road Transport and Highways Minister Nitin Gadkari, requesting quicker clearances for key national highway proposals. The discussions also covered larger road investments worth over INR 53,000 crore that are at various stages of planning and execution, reflecting Bihar's continued focus on strengthening transport infrastructure and supporting regional economic growth.Read more
03 Jul 2026
The Delhi government has fixed October 31, 2026, as the final date for residents of 1,511 unauthorised colonies to apply for conveyance deeds and authorisation slips under the Pradhan Mantri Unauthorised Colonies in Delhi Awas Adhikar Yojana (PM-UDAY). The decision follows a lower-than-expected response since the application process resumed earlier this year, with only around 2,000 applications received. The deadline is intended to encourage eligible property owners to complete the regularisation process and secure legal ownership documents required for property registration. The Revenue Department has also established dedicated PM-UDAY Cells across all district magistrate offices to facilitate applications and document issuance.Read more
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03 Jul 2026
Sterling and Wilson Renewable Energy Ltd (SWREL) has secured an engineering, procurement and construction (EPC) contract valued at approximately USD 560 million for the West Minya Solar Power Project in Egypt. The project has been awarded to a 50:50 joint venture between SWREL and Hassan Allam Construction. Located in Egypt's Minya Governorate, the development will comprise a 1,000 MW utility-scale solar power plant integrated with a 600 MWh Battery Energy Storage System (BESS). Upon completion, it is expected to become one of the country's largest renewable energy projects, with the joint venture responsible for delivering the complete EPC scope, including grid connectivity and associated infrastructure.Read more
03 Jul 2026
The Brihanmumbai Municipal Corporation (BMC) has constituted a two-member inquiry committee following the fatal collapse of a peepal tree on a school bus in Chembur, Mumbai, which claimed the life of an 11-year-old student and injured four others. The civic body has also suspended officials pending investigation and ordered a citywide reinspection of potentially hazardous trees. The incident has renewed scrutiny of Mumbai's urban infrastructure, particularly the coordination between road construction and tree maintenance, after reports indicated earlier warnings over root damage in the area. The inquiry will examine the cause of the collapse and recommend measures to strengthen public safety during the monsoon.Read more
03 Jul 2026
The Municipal Corporation of Delhi (MCD) has extended the deadline for property owners to avail a 10% rebate on lump-sum property tax payments for the 2026–27 financial year until July 31. The concession was previously available for payments made by June 30. The civic body said the extension aims to give more taxpayers an opportunity to benefit from the rebate, particularly those who were unable to make payments within the original timeframe. Delhi Mayor Pravesh Wahi stated that the decision would support timely tax compliance while strengthening the corporation's revenue base, which is used to fund civic infrastructure, sanitation, healthcare, public amenities and other municipal services across the national capital.Read more
03 Jul 2026
The Goa Cabinet has approved the ‘Mhajo Flat’ scheme to provide legal ownership rights to thousands of flat owners who have been unable to obtain title to their properties because of disputes between developers and landowners or incomplete conveyance procedures. Announced in the past week, the initiative includes amendments to the Goa Cooperative Societies Act, the Indian Stamp Act and related revenue provisions to facilitate unilateral deemed conveyance. The state government said the scheme would enable cooperative housing societies to secure conveyance even where developers have abandoned projects or legal disputes remain unresolved. It also introduces concessional stamp duty and registration charges to simplify the process and is expected to support the redevelopment of ageing residential buildings across Goa.Read more
03 Jul 2026
Sumou Real Estate Company has signed a project development management agreement with Arch 3 for a mixed-use development in Jeddah. The agreement, signed for the benefit of Arch Real Estate Development Fund 3, will run for 36 months and covers the complete management of the project's development. Sumou will receive a development management fee equivalent to 10% of the construction contract value and an additional marketing fee of 3% of the project's total sales value. The development will have a built-up area of around 57,000 square metres.Read more
03 Jul 2026
Union Road Transport and Highways Minister Nitin Gadkari has underlined the role of technology in improving road safety, enhancing public awareness and strengthening emergency response systems as India continues to record a high number of road accidents and fatalities. Speaking at an event organised by Uber earlier this week, the minister said adherence to traffic rules, coupled with technology-driven interventions, could help reduce road deaths. He outlined the Centre's initiatives, including the Rah-Veer (Good Samaritan) Scheme, nationwide cashless treatment for accident victims and investments in eliminating accident-prone black spots. Uber also announced new safety features and partnerships aimed at improving rider and driver safety.Read more
03 Jul 2026
M3M Group plans to invest INR 10,000 crore during the current financial year, with a major focus on accelerating construction and acquiring new land parcels to support future growth. The Gurugram-based developer will fund the entire investment through internal accruals, maintaining its debt-free status. The company is currently developing over 30 million sq ft across multiple projects and intends to strengthen its presence in Delhi-NCR through land acquisitions, including participation in upcoming Noida land auctions, while continuing its strategy of developing branded luxury housing projects.Read more
03 Jul 2026
India's first eight-lane highway tunnel constructed beneath a tiger reserve is expected to become fully operational in August after ongoing safety trials and technical evaluations are completed. Located beneath the Mukundra Hills Tiger Reserve in Rajasthan's Kota district on the Delhi-Vadodara section of the Delhi-Mumbai Expressway, the 4.9-km twin-tube tunnel has initially been opened for cars and emergency vehicles. The National Highways Authority of India (NHAI) said the tunnel has been designed to preserve wildlife movement by routing traffic underground while reducing travel distance and improving connectivity. Authorities will permit all vehicle categories only after completing safety system and mobile network assessments.Read more
03 Jul 2026
• A six-lane bridge over the Falgu River in Gaya, built at a cost of INR 65 crore, is facing congestion due to encroachment by roadside vendors.
• Stalls selling fruits, vegetables, snacks and daily-use items have occupied parts of the carriageway, reducing available road space.
• Commuters say the bridge often functions like a four- or five-lane road instead of a six-lane corridor.
• The encroachment has raised concerns over traffic bottlenecks, pedestrian safety and accident risks.
• The bridge was developed to improve connectivity between Gaya and Manpur and support movement on Bihar’s Buddhist Circuit.Read more
03 Jul 2026
The National Highways Authority of India (NHAI) plans to empanel Indian Institutes of Technology (IITs) and other leading technical institutions to independently verify the hydraulic studies and structural designs of major bridges across national highway projects. The initiative is intended to strengthen quality assurance by subjecting bridge designs, which are expected to have a service life of at least 100 years, to rigorous technical scrutiny before construction begins. Around 12 IITs, including IIT Delhi, IIT Bombay, IIT Roorkee and IIT Kharagpur, have expressed interest in collaborating with the authority. The review framework will be applied uniformly across projects executed under different implementation models.Read more
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