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22 Jun 2026
• The Brihanmumbai Municipal Corporation (BMC) and the Customs Department have signed an MoU to undertake the restoration and conservation of Mahim Fort.
• The initiative aims to preserve one of Mumbai’s important coastal heritage structures while improving public access and visitor infrastructure.
• Restoration activities will focus on structural conservation, environmental improvement and protection of the fort’s historical character.
• The collaboration reflects a broader push towards safeguarding Mumbai’s neglected heritage assets through coordinated institutional efforts.Read more
22 Jun 2026
Amazon has announced that its operations in India have become water positive, meaning the company now replenishes more water to local communities than it consumes across its facilities, including data centres, offices and warehouses. The milestone was achieved this year, a year ahead of the company's target, through water conservation measures and community-focused replenishment projects. The announcement comes as global technology firms face increasing scrutiny over the environmental impact of data centres, particularly their water and energy consumption. The development is significant in India, where water stress remains a major concern and large-scale investments in data centres and artificial intelligence infrastructure continue to accelerate. Amazon has committed substantial investments in India, including major expansion plans through Amazon Web Services in Maharashtra.Read more
22 Jun 2026
India Infradebt Limited is set to raise up to INR 15 billion through a bond issuance with a tenure of five years and six months, according to bankers involved in the transaction. The fundraising includes a base issue of INR 5 billion and a greenshoe option of INR 10 billion. The bonds will carry a coupon rate of 7.92%, with commitment bids scheduled for June 22. The issue has received AAA ratings from ICRA and CRISIL, indicating the highest level of creditworthiness. The proposed borrowing comes amid an active primary debt market, with several issuers, including Embassy Office Parks REIT, IREDA and Torrent Power, also planning bond sales in the coming days to raise funds from institutional investors.Read more
22 Jun 2026
Roadside Real Estate Plc has announced the acquisition of the Ross Road Petrol Filling Station in Gloucester as part of its ongoing strategy to expand its roadside real estate portfolio. The transaction is valued at GBP 2.9 million and adds another operational roadside asset to the company's holdings. Roadside Real Estate focuses on acquiring and managing properties that benefit from vehicle traffic and essential roadside services. The latest purchase reflects continued activity in the roadside property segment, where fuel stations and convenience-led assets remain important components of investment portfolios.Read more
22 Jun 2026
• Delhi government has approved a INR 400 crore smart streetlight modernisation project.
• Around 96,000 conventional streetlights will be replaced with smart LED systems.
• The project will be implemented under the Public Works Department (PWD) across nearly 1,400 km of roads.
• An EMI-based payment model will be used, where contractors are paid monthly based on performance.
• The system is expected to improve energy efficiency, reduce faults, and enable real-time monitoring of streetlight operations.Read more
22 Jun 2026
• The Brihanmumbai Municipal Corporation (BMC) has increased its overall climate-related spending in recent budgets, with climate-linked projects accounting for a significant share of capital expenditure.
• Despite the larger climate budget, allocations specifically earmarked for air quality management have declined compared to the previous fiscal year.
• The shift has sparked concerns among environmental experts and civic observers amid continued scrutiny of Mumbai’s worsening air pollution levels.
• BMC officials maintain that several pollution-control initiatives are being implemented through broader climate and environmental programmes rather than standalone air quality allocations.Read more
22 Jun 2026
Maharashtra has proposed the development of a dedicated rail freight corridor aimed at strengthening cargo movement between major ports and inland logistics hubs. The corridor is planned to connect key ports such as Jawaharlal Nehru Port Trust (JNPT) and the upcoming Vadhvan Port with the Samruddhi Expressway network. The project is expected to improve freight efficiency, reduce logistics costs, and enhance export competitiveness across the state. It is also aligned with a broader multimodal infrastructure strategy that integrates rail, road, and port connectivity for smoother trade flow and industrial expansion.Read more
22 Jun 2026
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a new cable-stayed bridge connecting Kopri in Thane East with the Patni Road-Airoli Knowledge Park corridor in Navi Mumbai. The INR 723.42 crore project is expected to provide an alternative route across Thane Creek and reduce congestion at the heavily burdened Kopri junction. The proposed 1.4-km bridge forms part of MMRDA’s wider strategy to strengthen regional connectivity, address missing transport links and support growing commuter and commercial traffic between Thane and Navi Mumbai.Read more
22 Jun 2026
Generative Artificial Intelligence (GenAI) could contribute an additional USD 14-17 billion to India's real estate economy over the next seven years by improving productivity, accelerating project execution and enhancing customer engagement, according to a joint report by EY-Parthenon and CREDAI. The study estimates that GenAI adoption could increase sales velocity by 30-50 per cent, shorten product launch timelines by up to 30 per cent and improve operational efficiencies across the development lifecycle. The report suggests that the technology could contribute an additional 3-4 per cent to the sector's gross value added by 2033. Industry leaders believe GenAI's application across planning, design, construction, sales and customer interactions could significantly influence how developers manage projects and respond to evolving market demand.Read more
22 Jun 2026
Delhi NCR has developed into a well-connected urban region supported by metro networks, expressways, and upcoming infrastructure projects like Dwarka Expressway and RRTS. Key locations across Delhi, Gurgaon, Noida, and Faridabad now offer convenient access to workplaces, airports, and nearby cities. These areas benefit from improved travel options and reduced commuting time. As connectivity improves, demand for housing and commercial spaces continues to grow in these locations.Read more
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22 Jun 2026
The Bhubaneswar Development Authority (BDA) has announced four new Town Planning (TP) schemes covering 969 acres across several peripheral areas of the city as part of its ongoing effort to guide planned urban expansion. The schemes span parts of Patrapada, Bhagabanpur, Bijipur, Baliapada and Kasipur mouzas and have been notified under TP Scheme Nos. 42, 43, 44 and 45. The initiative forms part of BDA's wider programme to implement 45 town planning schemes across the Bhubaneswar Development Plan Area. Through the land-pooling-based planning framework, the authority aims to create road networks, civic infrastructure and public amenities while ensuring landowners retain a substantial portion of their reconstituted land parcels. The latest schemes are expected to support organised growth in rapidly urbanising areas on the city's outskirts.Read more
22 Jun 2026
Mumbai's Brihanmumbai Electric Supply and Transport (BEST) undertaking is preparing to induct 1,500 air-conditioned midi buses to strengthen last-mile connectivity to metro and suburban rail stations across the city. The buses will operate primarily on feeder routes and form part of BEST's plan to expand its fleet to 7,000 buses by 2027. The move comes as Mumbai's metro network continues to grow, increasing the need for integrated public transport solutions linking residential neighbourhoods with major transit hubs.Read more
22 Jun 2026
• NHAI has prepared a draft alignment for a proposed 31-km elevated corridor that will improve connectivity between Delhi, Noida, Greater Noida and Noida International Airport.
• The eight-lane project is planned along the Yamuna embankment and is expected to function as an alternative route to the existing Noida-Greater Noida Expressway.
• The proposed corridor will include multiple entry and exit connections to serve residential, commercial and institutional sectors along the route.
• Authorities are currently assessing land requirements and refining the alignment before the project moves towards detailed planning and approvals.Read more
22 Jun 2026
Authorities in Gurugram have launched a large-scale demolition drive against unauthorised commercial structures and encroachments in the Chakkarpur area near Galleria Road following directions linked to Supreme Court proceedings. The enforcement action, led by the Department of Town and Country Planning (DTCP), targeted illegal constructions operating in violation of approved land-use norms. During the initial phase of the exercise, multiple structures were removed with police support as officials sought to clear unauthorised commercial activity from one of the city's prominent mixed-use corridors. The drive forms part of a broader enforcement campaign underway across Gurugram to address illegal developments, reclaim public spaces and ensure compliance with planning regulations in licensed colonies and commercial zones.Read more
22 Jun 2026
The Ladakh administration has approved the creation of the Ladakh Pashmina Development Board (LPDB), the country’s first dedicated institution focused on promoting and developing Ladakhi Pashmina. Approved by Lieutenant Governor V K Saxena, the initiative aims to strengthen the entire Pashmina value chain, improve returns for pastoral communities and position Ladakh as a global hub for authentic Pashmina products. The Board will oversee policy formulation, infrastructure development, branding, certification and export promotion while implementing the Ladakh Pashmina Mission. The programme will focus on enhancing goat productivity, strengthening high-altitude grazing ecosystems, establishing local processing facilities and increasing value addition within the Union Territory. Ladakh is estimated to have nearly 200,000 Pashmina goats, making the sector a key contributor to local livelihoods.Read more
22 Jun 2026
The Telangana government is set to inaugurate ‘Donald Trump Avenue’, a road adjoining the United States Consulate in Hyderabad, on June 23 as part of a broader initiative to recognise global personalities and institutions associated with the city’s economic and technological growth. The road naming proposal was first announced last year and forms part of a wider urban branding exercise that also includes roads named after prominent business leaders and technology companies. The inauguration is expected to be attended by senior state government officials and diplomatic representatives.Read more
22 Jun 2026
• Maharashtra's Urban Development Department has directed PMRDA to prepare and implement its structure plan within the next 12–18 months.
• The move is aimed at resolving delays in development permissions that emerged after the earlier Development Plan process was scrapped.
• The proposed structure plan will provide a framework for land use, infrastructure planning and future growth across the Pune Metropolitan Region.
• Authorities expect the exercise to unlock pending approvals, improve planning certainty and support long-term urban expansion in the rapidly growing region.Read more
22 Jun 2026
• Delhi has approved the Delhi Slum and JJ Cluster Rehabilitation and Resettlement Policy, 2026, creating a framework for large-scale redevelopment of JJ clusters across the city.
• Five JJ clusters have been identified for the first phase, while planning and tender preparations are underway for 50 additional clusters.
• The rehabilitation programme will be implemented through a public-private partnership (PPP) model to accelerate housing delivery and infrastructure development.
• The eligibility cut-off date has been extended to January 1, 2025, expanding the number of families that can benefit from rehabilitation.
• The policy aims to provide formal housing along with schools, healthcare facilities, anganwadis and other community infrastructure for nearly four lakh families.Read more
21 Jun 2026
The Union Ministry of Agriculture and Farmers Welfare has launched the nationwide ‘Khet Bachao Abhiyan’ (Save Farms Campaign) to encourage sustainable agricultural practices amid growing concerns over soil degradation, declining groundwater levels, climate change and the excessive use of chemical fertilisers. The campaign focuses on improving soil health through balanced nutrient management, wider use of Soil Health Cards, organic farming practices and water conservation measures. Indian Potash Limited (IPL) is supporting the initiative by conducting awareness programmes on soil management and modern farming techniques. The campaign also seeks to educate farmers on efficient irrigation methods, crop diversification and the identification of quality agricultural inputs to enhance productivity, reduce cultivation costs and safeguard long-term food security.Read more
21 Jun 2026
Western Railway's long-awaited Jogeshwari terminus, Mumbai's fourth long-distance rail terminus, is expected to commence Phase I operations by June 2026, with the full facility scheduled for completion by March 2027. The INR 76.48 crore project, being developed at the existing auxiliary terminal yard in Jogeshwari East, was originally slated for completion in December 2024 but faced repeated delays owing to contractor changes, land acquisition challenges, and administrative hurdles. Once fully operational, the terminus is projected to handle up to 24 long-distance trains daily, significantly easing congestion at Dadar, Bandra, and Mumbai Central.Read more
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