03 Apr 2026

India's real estate sector has transformed from an unregulated market in the 1990s to a structured and accountable industry. NBR Group, led by N. Nagabushana Reddy, played a vital role in building trust through transparent documentation and disciplined project delivery, particularly in Bengaluru's Sarjapur Road and Gunjur corridors. Modern developments now emphasize sustainability, green spaces, and livable designs while integrating technology for transparency. The sector increasingly aligns with national growth objectives, focusing on employment, connectivity, and urban planning. Recognition at global forums highlights India's shift toward ethical, responsible, and long-term real estate practices.Read more

03 Apr 2026

The proposed Neopolis IT township in Thiruvananthapuram is facing delays after the Union government initiated a major revision of the programme by expanding its scope from 10 to nearly 100 cities nationwide. The project, which had received in-principle approval in late 2024, is planned at Technopark Phase IV and forms part of the Outer Area Growth Corridor (OAGC) strategy. Authorities have been asked to reassess proposals in line with revised guidelines, including reconsideration of Kannur, which was earlier excluded. The development is envisaged as an integrated IT-led township combining office, residential, and commercial infrastructure. The revised national framework has introduced uncertainty in timelines while placing all shortlisted projects under fresh evaluation.Read more

Mumbai News Desk

03 Apr 2026

A traffic bottleneck at the Breach Candy exit of Mumbai's Coastal Road has triggered a citizen-led campaign demanding additional exit infrastructure to ease congestion in South Mumbai. The issue has emerged in the past week as residents highlighted that while the arterial road has reduced travel time significantly along the main corridor, the absence of a planned exit at Nepeansea Road has resulted in severe delays at the final stretch. Commuters report that a 300-metre segment near the exit can take up to 20-25 minutes during peak hours. The campaign, titled Unlock the Exit, is advocating for the reinstatement of a previously proposed exit, citing technical feasibility and the need for improved last-mile connectivity within dense urban neighbourhoods.Read more

03 Apr 2026

South Western Railway (SWR) has introduced modern Linke Hofmann Busch (LHB) coaches on five short-distance train services, replacing older conventional rakes to improve passenger comfort and safety. The rollout, implemented in the past week, covers three Mysuru-bound trains, one service to Dharwad, and an intercity train to Talguppa. The upgraded coaches are designed for speeds of up to 160-180 kmph and include features such as charging points, tray tables, modular switches, and improved window systems. However, the transition has reduced the total coach count from 21 to 19, raising concerns over capacity. Passenger feedback has also pointed to limited seat recline in second-sitting coaches, highlighting trade-offs in the modernisation effort.Read more

03 Apr 2026

Prime Minister Narendra Modi inaugurated a semiconductor facility and launched multiple infrastructure projects worth over INR 20,000 crore across Gujarat in the past week, covering sectors such as urban development, transport, power, and healthcare. The semiconductor plant, located at Sanand in Ahmedabad, marks the country's second such facility and is expected to strengthen domestic chip manufacturing capabilities. Alongside this, a series of projects were inaugurated or had foundation stones laid in the Vav-Tharad region, including initiatives in road connectivity, railways, and urban infrastructure. The visit also included the launch of a museum in Gandhinagar. The combined developments are part of broader efforts to enhance infrastructure capacity and support industrial and regional growth in the state.Read more

02 Apr 2026

State-owned NTPC Limited has started commercial electricity supply of 168.02 MW from its solar projects at Khavda in Gujarat through its subsidiary NTPC Renewable Energy Ltd. This includes partial commissioning of two large solar projects Khavda-I and Khavda-II. With this addition, the NTPC Group's total installed capacity has reached 89,057 MW, while its commercial capacity stands at 87,977 MW. The development is part of NTPC's ongoing renewable energy expansion and aligns with its broader plan to significantly increase green energy capacity in the coming years.Read more

02 Apr 2026

The multi-modal dry port project at Jalna in Maharashtra has been sealed by the district administration over unpaid land revenue dues of INR 52 lakh, affecting a key logistics infrastructure project nearing operationalisation. The action, taken in the past week at the Daregaon site, follows multiple recovery notices issued to project authorities. Developed jointly by Jawaharlal Nehru Port Authority (JNPA) and National Highways Logistics Management Limited (NHLML), the 495-acre facility had recently been handed over to a private operator for a 15-year term. Although core infrastructure such as warehouses and rail connectivity is largely in place, the project has yet to commence full operations. Authorities have indicated that the seal will be lifted only after complete recovery of dues.Read more

02 Apr 2026

Chhattisgarh has emerged as the top-performing state in rural housing delivery, completing over six lakh homes in FY26. The progress has been driven by the combined implementation of PMAY-G, PM JANMAN Yojana and the state housing scheme. Around 18 lakh houses had been approved earlier, and the government has now ensured coverage of all eligible beneficiaries. The initiative has also supported rural livelihoods through women-led material supply models, mason training, and local employment, making it a broader development effort beyond housing construction.Read more

02 Apr 2026

The new terminal at Maharana Pratap Airport in Udaipur is nearing completion and is expected to open soon, significantly increasing passenger handling capacity. Built at a cost of around INR 887 crore, the terminal is designed to support future international operations. Authorities are in discussions with airlines to start international flights. The project is expected to improve connectivity, support tourism growth, and strengthen the local economy, while also creating positive momentum for real estate and hospitality demand in the region.Read more

02 Apr 2026

The National Highways Authority of India (NHAI) is close to achieving its asset monetisation target of INR 30,000 crore for the financial year 2025-26, having already realised INR 28,307 crore through Infrastructure Investment Trusts (InvITs) and Toll-Operate-Transfer (TOT) transactions. The progress has been supported by recent monetisation rounds, including InvIT Round-5 and TOT Bundle-18, with additional bids under evaluation expected to bridge the remaining gap. The initiative forms part of the government's broader National Monetisation Pipeline, which aims to unlock capital from operational infrastructure assets and reinvest it into new highway development. The strategy also aligns with efforts to reduce reliance on borrowings and improve financial sustainability in road infrastructure funding.Read more