11 May 2026

Bouygues SA’s Feronord consortium has secured the OL32 Skavsta contract, a key part of Sweden’s East Link rail project located south of Stockholm. The contract includes the construction of nearly 36 kilometres of railway infrastructure and is expected to play an important role in strengthening regional rail connectivity in the country. The execution phase of the project is likely to begin in early 2028 and is estimated to be valued at around EUR 1.2 billion. The development adds to Bouygues’ growing international infrastructure portfolio and reflects continued investment in large-scale rail modernisation projects across Europe.Read more

11 May 2026

The Central Bureau of Investigation has filed a chargesheet against AVJ Developers (India) Pvt Ltd, associated companies, bank officials and alleged proxy homebuyers in connection with a large-scale homebuyer fraud and banking irregularities case. The agency stated that the investigation uncovered an alleged builder-bank nexus involving fraudulent representations, misuse of housing loans and diversion of funds, resulting in financial losses to homebuyers and lending institutions. Officials from Bank of India, UCO Bank and ICICI Bank have also been named in the chargesheet. The case relates to housing projects in Greater Noida and forms part of wider investigations into alleged irregularities in the residential real estate sector.Read more

11 May 2026

The Bihar government has initiated the redevelopment process for Raxaul Airport with the issuance of a tender for engineering consultancy services related to runway and airside infrastructure development. Announcing the move earlier this week, Samrat Choudhary said the project is aimed at improving regional, national and international connectivity in Bihar’s border districts adjoining Nepal. The redevelopment proposal includes construction of key aviation infrastructure such as the runway, apron and taxiway. The project is expected to support trade, tourism and economic activity in the Champaran region while strengthening aviation connectivity in northern Bihar. The airport, which has remained non-operational for decades, forms part of the state’s broader infrastructure and regional connectivity expansion strategy.Read more

11 May 2026

The Maharashtra Pollution Control Board has intensified enforcement against ready-mix concrete (RMC) plants, issuing closure notices to 84 non-compliant units in Pune and Pimpri Chinchwad as part of a broader crackdown on air pollution. The action follows inspections across hundreds of units, identifying violations such as inadequate dust control systems, improper material handling and non-compliance with environmental norms. The regulator has also issued directions to additional units for corrective action. The move comes amid stricter regulatory norms introduced recently, including mandatory dust suppression infrastructure and location restrictions, reflecting increased scrutiny on construction-linked pollution sources across urban regions.Read more

11 May 2026

Poland’s largest construction company, Budimex reported a more than 24% year-on-year decline in net profit for the first quarter, mainly due to severe winter conditions and lower activity in its road construction business. Construction sales in Poland dropped nearly 19% as snow and low temperatures disrupted work during the initial months of the year. The company also saw reduced output after completing several high-revenue road projects executed last year. Despite weaker revenue, Budimex maintained stable profitability margins and continued to strengthen its long-term order pipeline while expanding operations into rail, energy, industrial construction and international markets.Read more

11 May 2026

The Maharashtra government has approved an extension of Metro Line 5A at an estimated cost of INR 4,063 crore, adding a key link to Sindhu Nagar in Ulhasnagar. The project is aimed at improving suburban connectivity in the Mumbai Metropolitan Region by integrating underserved areas into the metro network. The extension is expected to enhance last-mile access, reduce dependence on road-based transport and support transit-oriented development in Ulhasnagar. The approval forms part of ongoing efforts to expand metro infrastructure across the region to address rising commuter demand and urban growth pressures.Read more

11 May 2026

Toivo Group Oyj has entered into an agreement for a regional construction project valued at EUR 4.1 million in Honkasuo, Helsinki. The development reflects the company’s continued focus on expanding its residential and regional project portfolio in Finland. Honkasuo has been seeing steady growth as a planned residential area, attracting new housing projects. This deal adds to Toivo’s ongoing pipeline and highlights its strategy of participating in mid-sized developments across key urban locations.Read more

11 May 2026

The Municipal Corporation of Delhi (MCD) has launched a detailed probe into a residential building in Vivek Vihar after a fire incident that led to nine deaths. Preliminary findings indicate possible violations such as deviation from sanctioned plans, absence of a completion certificate, and additional dwelling units beyond permitted limits. Authorities are also examining safety lapses including blocked exits, enclosed balconies, and restricted access points. The incident has once again raised concerns around enforcement of building norms and fire safety compliance in residential areas.Read more

10 May 2026

The Maharashtra government has appointed a consortium led by VFS Global to modernise property registration infrastructure through the development of 60 model sub-registrar offices across the state. The initiative aims to improve service delivery, reduce transaction timelines and enhance transparency in property registration processes. The upgraded offices will incorporate digital systems, standardised layouts and improved citizen interfaces. The project is part of broader efforts to streamline land and property transactions in one of India’s largest real estate markets, where registration efficiency plays a critical role in transaction volumes and revenue generation.Read more

10 May 2026

Madhya Pradesh Metro Rail Corporation Limited has introduced a programme allowing private events such as birthday parties, pre-wedding shoots and film productions on metro coaches and station premises in Indore and Bhopal. The ‘Celebrations on Wheels’ initiative comes as metro services in both cities report lower-than-expected ridership. The scheme permits use of stationary and moving coaches for a fee, with defined capacity limits and security deposits. Authorities stated that the move is aimed at improving public engagement with metro infrastructure while generating additional non-fare revenue from existing assets within the urban transport network.Read more

10 May 2026

Navi Mumbai Municipal Corporation Commissioner Dr Kailas Shinde conducted an extensive inspection of drain desilting operations, transport infrastructure projects and civic amenities across Navi Mumbai in the past week, directing officials to accelerate pre-monsoon preparedness and complete critical works within stipulated timelines. The review covered major natural drains in Kopri, Vashi and Sanpada, the Ghansoli–Airoli creek bridge project linked to Palm Beach Road, traffic management measures at Talavali Naka, and civic infrastructure including crematorium facilities, health centres and underpasses. During the inspection, the commissioner instructed officials to remove silt immediately after drying, undertake structural audits of ageing infrastructure, and coordinate with multiple agencies to address wastewater contamination in drains flowing into the creek system.Read more

10 May 2026

Eviction of residents at Haji Noorani Chawl in Prabhadevi has commenced, clearing the final obstacle for the 4.5-km Sewri–Worli elevated corridor being implemented by the Mumbai Metropolitan Region Development Authority. The process follows prolonged negotiations over rehabilitation and compensation, which had delayed construction near the Elphinstone bridge stretch. With most tenants vacating, authorities are preparing the site for demolition and construction. The project is expected to improve east–west connectivity in Mumbai, reduce congestion on key arterial roads, and accelerate progress on a critical missing link in the city’s transport network.Read more

10 May 2026

Bahi Ajman Palace Hotel and Coral Beach Resort Sharjah are projecting occupancy levels of around 90 per cent during the upcoming Eid Al Adha holiday period amid rising staycation demand across the UAE. The two Northern Emirates hospitality properties stated that domestic leisure travel and festive bookings have strengthened significantly ahead of the holiday week. In response to the anticipated surge in visitors, both hotels have introduced cultural programming, family entertainment and wellness-focused recreational offerings. The projected occupancy reflects sustained demand for beachfront hospitality assets in Ajman and Sharjah, where competitively priced staycation packages and family-oriented experiences continue to support the regional tourism and hospitality market.Read more

10 May 2026

The Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive in Belapur earlier in the past week against an unauthorised construction after issuing statutory notice under the Maharashtra Regional and Town Planning (MRTP) Act. The action was undertaken by the encroachment department under senior civic supervision, targeting a structure in Sector 20, Belapur village. The property owner had been directed to remove the illegal construction independently but failed to comply, prompting civic intervention. The operation involved departmental officials, police personnel, and deployed labour and machinery. The civic body indicated that such enforcement measures would continue across Navi Mumbai to address unauthorised developments and ensure adherence to planning regulations.Read more

10 May 2026

Dubai’s residential property market is witnessing a structural shift towards long-term ownership, according to an analysis by Dubai-based brokerage fäm Properties covering more than 1.1 million Dubai Land Department transactions. The study found that a substantial share of buyers across both primary and resale segments have continued to hold their properties for several years, indicating reduced speculative activity and increasing end-user participation. Data showed that nearly 70% of primary market homes purchased since 2012 and over 61% of resale properties acquired since 2009 have not been resold. The findings place Dubai’s ownership trends closer to mature global markets such as London and New York, where homeowners typically retain assets for more than a decade. Industry stakeholders attributed the shift to long-term residency policies, regulatory reforms, infrastructure expansion and the growing maturity of Dubai’s housing market.Read more

10 May 2026

Authorities in Delhi have initiated major road infrastructure upgrades around Indira Gandhi International Airport in preparation for the upcoming India–Africa Forum Summit. The works include road widening, resurfacing, improved signage, drainage systems and traffic management measures aimed at easing congestion and ensuring smoother movement for delegates. Key arterial routes connecting the airport to central and diplomatic zones are being prioritised. The upgrades are part of a broader urban infrastructure push to enhance city readiness for international events while addressing long-standing traffic bottlenecks in one of the capital’s busiest transit corridors.Read more

10 May 2026

The Ministry of Environment, Forest and Climate Change has scheduled the 140th meeting of its Regional Empowered Committee in Mumbai to review multiple proposals involving diversion of forest land in Maharashtra. Key projects include an 8-lane access-controlled highway for connectivity to the proposed Vadhavan Port and several national highway upgrades across districts such as Pune, Ahmednagar, Solapur, and Dharashiv. The committee also planned a field visit to assess ground conditions before discussions. An additional proposal related to industrial logistics in Gadchiroli is also part of the agenda, reflecting continued infrastructure expansion alongside environmental scrutiny.Read more

09 May 2026

Ladun Investment announced that a consortium it is part of has secured the Namar infrastructure project under the first phase of the Real Estate Balance Programme. The project is valued at SAR 326.7 million. The development marks a step in the broader push to improve infrastructure linked to real estate growth. The programme focuses on supporting housing and urban expansion through better infrastructure delivery. This award adds to Ladun Investment’s ongoing involvement in construction and infrastructure projects across the region.Read more

09 May 2026

The Bihar government has introduced a digital mechanism to enable faster correction of errors in registered property documents, aiming to reduce delays and improve accuracy in land records. The system, rolled out in the past week, allows property owners to apply online for rectification of mistakes such as name discrepancies, typographical errors, and incorrect details in registered deeds. Officials stated that the initiative is designed to minimise reliance on manual processes and reduce the need for repeated visits to registration offices. The move forms part of broader efforts to digitise land administration and enhance transparency, particularly in a state where property-related documentation issues have historically led to disputes and transaction delays.Read more

09 May 2026

New Zealand-based Infratil saw its shares reach a record high after its associate, CDC Data Centres, secured a major 555-megawatt contract with a U.S. client. The deal has taken CDC’s total contracted capacity beyond one gigawatt, reflecting strong global demand for data infrastructure. The long-term agreement and planned capacity rollout over the next few years highlight growing investment in Australasia’s data centre market, supported by renewable energy access and stable conditions.Read more