10 Feb 2026

Kerala has approved a Regional Rapid Transit System connecting Thiruvananthapuram and Kasaragod over 583 km, aiming to enhance mobility and regional development. The project will mostly use elevated tracks to reduce land acquisition and environmental disruption and will integrate with existing and proposed metro networks. Estimated at INR 1.92 lakh crore, the project will be implemented in four phases over around 12 years, with funding shared between the state, central government, and international loans. Experts note speed and long-distance travel limitations, but the plan is considered practical and socially feasible.Read more

Mumbai News Desk

09 Feb 2026

The Brihanmumbai Municipal Corporation received only two bids for developing a helipad at the Worli jetty on a public private partnership (PPP) basis, showing limited private sector interest. The proposals came from JSW and Raymonds, both with experience in helicopter operations. The helipad will support medium-class helicopters for emergency medical evacuations, coastal surveillance, and VIP movement. The revenue-sharing PPP model requires the selected firm to pay BMC a fixed monthly sum of INR 1 lakh and a share of operational revenue, while also enhancing the site's aesthetics and ensuring aviation compliance.Read more

09 Feb 2026

The Uttar Pradesh government has introduced a revised One-Time Settlement (OTS) scheme to resolve long-pending residential and commercial housing allotment cases. The move targets unpaid dues and stalled allotments under state housing and development authorities. The updated framework builds on earlier settlement efforts that were disrupted during the COVID-19 period. The scheme offers financial relief through rebates and structured payment options while aiming to speed up dispute resolution. The initiative is expected to ease pressure on allottees and improve revenue recovery for housing agencies across the state.Read more

09 Feb 2026

A Mumbai special court has discharged DHFL from an INR 5,050 crore money laundering case, granting it statutory immunity under the Insolvency and Bankruptcy Code following its resolution and acquisition by the Piramal Group. The court held that once an IBC resolution plan is approved, the corporate debtor is protected from liability for past offences. However, the immunity does not apply to individuals involved in the alleged wrongdoing. Former DHFL promoters and Yes Bank co-founder Rana Kapoor will continue to face prosecution under the PMLA.Read more

09 Feb 2026

The Nashik Municipal Corporation (NMC) has asked property owners in the city to verify their property tax assessment details and submit objections, if any, by March 10. The civic body has opened property registers for public inspection at its six divisional offices. Around 5.90 lakh properties are currently on record. NMC has clarified that objections will be accepted only after all pending property tax dues are cleared. The exercise follows earlier surveys that identified unauthorised additional construction, which led to revised tax assessments.Read more

09 Feb 2026

The Maharashtra Housing and Area Development Authority has approved the redevelopment of four structurally unsafe transit buildings in Sion's Pratiksha Nagar, affecting 261 resident families and four commercial units. The decision follows a structural audit by IIT Bombay that recommended complete reconstruction. MHADA has scrapped an earlier plan to build middle-income group sale housing at the site and will instead construct two high-rise transit buildings with 322 tenements. Residents will be shifted to temporary accommodation with rent support during construction, which is expected to take at least two years.Read more

09 Feb 2026

The Chandigarh Administration has tightened regulations governing paying guest (PG) accommodations to strengthen safety, planning compliance, and accountability. Under the revised policy, PG registration will now be allowed only in residential buildings that have a valid completion certificate and an occupation certificate. The earlier provision that permitted conditional approvals, where pending documents could be submitted later, has been withdrawn. The move is aimed at preventing unauthorised PG operations, ensuring buildings meet approved standards, and addressing long-standing concerns around unregulated residential use across the city.Read more

09 Feb 2026

Andhra Pradesh has approved over INR 500 crore for acquiring 2,171 acres for the Dugarajapatnam Green Field Port and Shipbuilding Cluster. Most of the land is patta land with habitation, and a smaller portion is government-owned. Key villages in Tirupati and Nellore districts have been identified for acquisition. The decision follows a technical feasibility report by RITES. The total estimated cost for land acquisition is INR 544.3 crore, with the APMB responsible for fund mobilisation. This project reflects the state's ongoing efforts to boost maritime infrastructure.Read more

09 Feb 2026

The Supreme Court has ordered NBCC to complete 16 pending Supertech housing projects, providing relief to thousands of homebuyers waiting over a decade for possession. Upholding the December 2024 NCLAT directive, the court emphasized that homebuyers interests take priority over financial and operational creditors, who must accept fair adjustments. The completed homes must include all promised amenities, and NBCC will be supported by an expert committee to expedite delivery. Tribunals and high courts have been barred from issuing orders that could delay construction, ensuring swift execution of these long-stalled projects.Read more

09 Feb 2026

The Mumbai Port Authority (MbPA) has received bids from five companies, including the Adani Group's Cemindia Projects Ltd and Larsen & Toubro, for the development of a marina at Cross Island, off the Gateway of India. The INR 887 crore project, partially funded by MbPA with an investment of INR 470 crore, will include docking facilities, yacht maintenance services, fuel supply, and protection against weather. Onshore, a 4.2-hectare land parcel will house a 322-room five-star hotel, a club, a sailing school, restaurants, a business centre, and parking for 780 vehicles.Read more