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02 May 2026
Travis Perkins reported a decline in first-quarter like-for-like sales amid continued weakness in the UK construction market. The company faced pressure from subdued housing demand and high interest rates, while rising energy costs added to input expenses. Despite this, it has been working to pass on higher manufacturer prices to customers. Its Toolstation business showed resilience, partly offsetting weaker merchanting performance. Meanwhile, Howden Joinery posted revenue growth supported by price hikes. Analysts caution that rising prices may impact volumes as consumers delay spending.Read more
02 May 2026
India recorded its highest-ever peak electricity demand of over 256 GW in the past week and managed to meet it without any shortage. Around one-third of this demand was fulfilled through renewable energy sources such as solar, wind, and hydro. Solar alone contributed over one-fifth of the total power supply during peak hours. The government highlighted ongoing efforts to improve grid systems, increase generation capacity, and strengthen transmission. The performance reflects steady progress in integrating renewable energy into the country’s power mix while maintaining grid stability and supporting electricity exports.Read more
02 May 2026
The Ghaziabad Development Authority has proposed a 16-km metro corridor connecting Vaishali to Gokulpuri in Delhi via Hindon Civil Terminal, aiming to improve regional connectivity and provide direct access to the airport facility. The proposal has been sent to the Delhi Metro Rail Corporation for preparation of a detailed project report. The corridor is expected to pass through key residential zones such as Indirapuram and Vasundhara, strengthening multimodal transport integration and supporting urban expansion in Ghaziabad and adjoining NCR regions.Read more
02 May 2026
A fire at an under-construction multi-storey residential building in northern Moscow led to the death of at least seven people and left 13 injured. The incident took place in the Aeroport district, where nearly 200 workers were believed to be present at the time. Emergency teams rescued over 30 individuals as firefighters worked through heavy smoke to control the blaze. Authorities have initiated a criminal investigation into possible violations of construction safety norms. The incident has once again highlighted concerns around worker safety and compliance at construction sites in Russia.Read more
02 May 2026
The Ministry of Labour & Employment has issued a nationwide advisory directing states and Union Territories to implement measures to protect workers amid rising temperatures and heatwave conditions. The advisory calls for rescheduling work hours, provision of drinking water, rest areas, and workplace cooling arrangements, particularly for outdoor and labour-intensive sectors. Employers have been asked to ensure health monitoring and emergency preparedness, while agencies such as ESIC and EPFO have been instructed to strengthen support systems. The move comes as temperatures have crossed 40°C in several regions, including Delhi, highlighting risks for construction workers and daily wage earners.Read more
02 May 2026
Demolition of Signature View Apartments in Delhi remains delayed as the Delhi Development Authority (DDA) awaits clearance from the Central Bureau of Investigation (CBI), which is probing alleged construction lapses. The project, earlier declared structurally unsafe, has already been vacated and residents shifted with interim rent support. The agency is collecting evidence, including structural samples, before allowing demolition. Alongside the investigation, redevelopment plans are also dependent on a pending Delhi High Court matter related to floor area ratio, keeping timelines uncertain.Read more
02 May 2026
The Chief Secretary of Andhra Pradesh inspected key ongoing infrastructure and development works in Amaravati during a field visit earlier this week. The review covered major projects including steel bridges under Seed Access Road Phase-3, land pooling scheme development in LPS Zone-5D, and the construction of iconic government towers. Officials presented updates on connectivity works, drainage, power networks, and administrative buildings being developed as part of the capital region plan. A detailed review meeting was also held at the APCRDA office to assess overall progress and planning for the capital city.Read more
02 May 2026
The Andhra Pradesh High Court has directed the demolition of an unauthorised beach resort near Thotlakonda in Visakhapatnam, citing violations of Coastal Regulation Zone (CRZ) norms and lack of statutory approvals. The property, originally leased by the Andhra Pradesh Tourism Development Corporation (APTDC) for a small tourism facility, was allegedly expanded into a full-scale resort with permanent structures and hospitality operations. Following inspections and a demolition order issued by the Greater Visakhapatnam Municipal Corporation (GVMC), the court upheld the action and instructed authorities to complete demolition within three weeks. The ruling reinforces regulatory oversight in coastal zones and raises scrutiny over land-use deviations in tourism-linked real estate developments.Read more
02 May 2026
AFC Furniture Solutions has expanded its role from a modular furniture manufacturer to an integrated workspace solutions provider, delivering large-scale projects across India and overseas markets. The company has executed major assignments, including a 10.5 lakh sq ft campus for TCS in Hyderabad and furnishing works at Noida International Airport, Jewar. With a 4 lakh sq ft manufacturing facility in Greater Noida and an annual capacity of 4.5 lakh units, AFC has reported 3.7x growth with over 20% CAGR. It is now planning an INR 50 crore investment to expand into tier-2 and tier-3 cities while strengthening its enterprise-focused and sustainability-driven operations.Read more
02 May 2026
Bengaluru’s real estate market continues to expand, supported by its long-standing technology-driven growth, strong talent base and steady infrastructure development. The city has been ranked among the leading global tech talent hubs, which has helped attract multinational companies, startups and manufacturing firms. Ongoing metro expansion and improved road connectivity have further strengthened access across Central Business District (CBD), Secondary Business District (SBD) and peripheral locations. With multiple metro lines becoming operational in phases and others expected to follow, real estate demand is shifting across office, residential and warehousing segments.Read more
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02 May 2026
The Bombay High Court has dismissed a petition challenging the redevelopment of a large housing cluster in Wadala, enabling Sahakar Nagar Co-operative Housing Society to appoint a new developer after prolonged delays. The project, involving over 800 residential units across 46 buildings constructed in the late 1950s, had remained stalled for more than a decade under the previous developer. The court’s decision removes legal hurdles and permits redevelopment to move forward, offering relief to residents living in ageing structures. A mediator has been appointed to address pending disputes, while the newly selected developer is expected to undertake reconstruction, marking progress in a long-delayed urban renewal project in Mumbai.Read more
02 May 2026
The Telangana Fire Department has started consultations with real estate developers to revise the Fire Services Act, 1999, with a focus on widening its scope and improving compliance. A key proposal is to include buildings below 15 metres under fire safety regulations, as most incidents occur in such structures. Authorities also plan to simplify the fire NOC process and strengthen enforcement. Industry bodies like CREDAI and NAREDCO have been involved for feedback. The move follows low compliance levels and recent inspections that exposed safety gaps across several buildings in the state.Read more
02 May 2026
Residential projects nearing completion are witnessing faster sales as homebuyers increasingly prioritise execution visibility and delivery certainty. Developments that are 80–95% complete are emerging as a preferred segment, offering a balance between pricing advantage and lower risk compared to early-stage launches. The shift reflects sustained concerns over delays despite regulatory oversight, rising ticket sizes, and a growing share of end-users in the market. In high-supply micro-markets such as Greater Noida West and Dwarka Expressway, construction progress and delivery credibility are becoming key differentiators, influencing buying decisions more than pricing or location alone.Read more
02 May 2026
India’s aviation sector is witnessing steady expansion, with passenger traffic projected to reach around 500 million by 2030 and nearly 1 billion by 2047. Growth is being supported by rising demand, fleet expansion, and over 1,000 aircraft orders. The country is already among the top three domestic aviation markets, with traffic crossing 412 million in 2025. Infrastructure development, including new airports and capacity expansion, continues to keep pace. Industry experts highlighted the need for stronger hub infrastructure, reduced reliance on foreign hubs, and improved policy support to sustain long-term growth and efficiency.Read more
02 May 2026
The Belagavi City Corporation has intensified action against unauthorised constructions, including partial demolition of a multi-storey building in Maruti Galli. The move reflects a stricter enforcement approach but has also raised concerns over lack of prior notice and procedural clarity. Reports suggest some illegal structures had earlier received approvals such as completion certificates and property identification numbers, pointing to administrative lapses. The crackdown follows earlier probes into building violations and irregular approvals, bringing attention to gaps in monitoring, coordination, and accountability within the city’s planning and enforcement system.Read more
01 May 2026
The Haryana government has proposed amendments to its building regulations to mandate electric vehicle (EV) charging infrastructure in all new residential and non-residential developments, including group housing, offices, and commercial complexes. The draft changes to the Haryana Building Code, 2017, aim to accelerate EV adoption by ensuring charging availability at the design stage. The proposal also includes provisions such as exemption of EV infrastructure from floor area ratio calculations and defined installation norms. The move aligns with the state’s broader electric mobility strategy and responds to infrastructure gaps affecting EV adoption across urban areas.Read more
01 May 2026
Railway authorities have stepped up restoration work on an ageing bridge near Buxar station to improve safety and maintain smooth train operations. The structure had been operating under speed restrictions due to its condition. Using a planned mega block, officials deployed additional manpower and machinery to fast-track critical repairs. The work includes structural strengthening, girder replacement, and continuous site monitoring. With rising passenger and freight traffic on this route, the restoration is being carried out on priority to reduce risks and ensure reliable operations with minimal disruption.Read more
01 May 2026
Work has started on a key 104.25 km stretch of the NH-43 corridor with an investment of INR 3,147 crore, forming part of the larger Raipur–Dhanbad economic corridor. The project is expected to improve road connectivity between Chhattisgarh and Jharkhand, especially across industrial and mineral-rich regions. It includes multiple bridges, flyovers and underpasses to ensure smoother and safer travel. Once completed, the corridor is likely to reduce logistics costs, cut travel time and support local economic activity across smaller towns and industrial clusters.Read more
01 May 2026
Neo Alternative Asset Managers has completed the first close of its second infrastructure-focused income fund, raising INR 1,500 crore out of a planned INR 5,000 crore corpus. The fund will invest in operational infrastructure assets with stable revenue streams, largely backed by government contracts. Its focus includes roads and renewable energy sectors, offering predictable long-term income. The firm, which manages over INR 25,000 crore in assets, plans to diversify through select investments such as privately listed InvITs. The move reflects growing investor interest in infrastructure as a steady income-generating asset class.Read more
01 May 2026
The Maharashtra government is evaluating the creation of a dedicated authority to oversee river infrastructure and pollution management projects in Pune, particularly along the Mula-Mutha river system. The move comes amid delays in ongoing projects, including sewage treatment and riverfront development, and concerns over untreated wastewater discharge. Authorities are examining governance gaps across multiple agencies involved in execution. The proposed body is expected to improve coordination, accelerate project delivery, and strengthen environmental outcomes, with implications for urban infrastructure planning and riverfront-led real estate development in Pune.Read more
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