2 minutes ago

• Maharashtra has secured USD 2 billion in funding from the World Bank for a large-scale road infrastructure programme.
• The initiative will focus on upgrading state highways and district roads across the state.
• Planned works include road rehabilitation, bridge improvements, maintenance measures and technology-based monitoring systems.
• The programme aims to enhance connectivity, road safety and climate resilience across key transport corridors.
• To be implemented in phases, it will strengthen links between urban centres, industrial clusters and rural regions, making it one of Maharashtra’s largest externally funded road projects.Read more

2 hours ago

Disney India has leased approximately 1.75 lakh sq ft of office space at Embassy TechVillage in Bengaluru under a five-year agreement, marking one of the larger office transactions in the city this year. The lease, carrying a monthly rental of about INR 2.01 crore, covers multiple floors within the business park. The transaction reflects sustained demand for premium office assets in Bengaluru from global occupiers, particularly in the technology, media and services sectors, amid continued expansion of corporate operations in India.Read more

9 hours ago

Adani Group companies reported record capital expenditure of INR 1.53 lakh crore and an all-time high EBITDA of INR 94,834 crore in FY26, reflecting a strong push towards infrastructure development across energy, utilities, transport and logistics. The group commissioned several major projects, including renewable energy assets, battery storage systems, Navi Mumbai International Airport and the Ganga Expressway. Despite significant investments, leverage remained below the group's stated threshold, while liquidity levels stayed strong. The performance highlights Adani Group's ongoing focus on infrastructure, energy transition and logistics as key long-term growth drivers.Read more

12 hours ago

The Maharashtra cabinet has approved a proposal to secure financial assistance from the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) for major road infrastructure projects across the state. The funding is expected to support Phase III of the Chief Minister's Gram Sadak Yojana and the Maharashtra State Road Improvement Project, aimed at enhancing road connectivity and transport infrastructure. The cabinet also approved the expansion of Hyderabad (Sind) National Collegiate University in Mumbai by bringing six educational institutions under its framework, strengthening higher education infrastructure in the city.Read more

Hyderabad News Desk

15 hours ago

• A 5.09-acre land parcel in Hyderabad’s Raidurg was sold through an e-auction at INR 204 crore per acre, generating around INR 1,040 crore for the Telangana government.
• The plot was acquired by Vamsiram Builders, making it the second major land transaction in Raidurg within a span of days.
• The sale follows a recent auction of a 6.29-acre parcel that fetched a record INR 237 crore per acre.
• Together, the two transactions have generated nearly INR 2,529 crore from 11.38 acres of land.
• The strong bidding reflects sustained demand for premium commercial land in Hyderabad’s established IT and business corridor.Read more

03 Jun 2026

• Flexible workspace operator IndiQube Spaces Ltd has signed a five-year office leasing agreement valued at INR 52 crore with a consulting and management services firm.
• The transaction covers more than 700 desks at IndiQube’s co-working facility in Yelahanka, North Bengaluru.
• The deal was disclosed by the company through a regulatory filing released in the past week.
• The agreement reflects continued demand for managed and flexible workspaces from corporate occupiers seeking long-term office solutions.
• IndiQube currently operates across 17 cities and manages a portfolio exceeding 9.66 million sq ft.Read more

Mumbai News Desk

03 Jun 2026

Amazon Data Services India has acquired a 10.6-acre land parcel in Mumbai Metropolitan Region from Lodha Developers for more than INR 125 crore to expand its data centre footprint. The transaction was completed in Ambernath, near the company’s existing data centre campus, and forms part of Amazon’s broader infrastructure expansion strategy in India. The acquisition comes amid rising demand for hyperscale data centres driven by cloud computing, digital services and artificial intelligence-related infrastructure requirements.Read more

03 Jun 2026

India’s commercial real estate sector is undergoing a structural transformation, driven by the rapid expansion of Global Capability Centres (GCCs), increasing demand for flexible office formats and growing interest in Tier-II cities. A new industry report highlights how office real estate is shifting from traditional ownership models to technology-enabled, subscription-based workspaces that offer greater flexibility and scalability. With GCCs expected to significantly expand their footprint by 2030, flexible workspaces are emerging as one of the fastest-growing segments within the country’s commercial real estate market.Read more

Hyderabad News Desk

03 Jun 2026

Hyderabad’s commercial real estate market has recorded a new benchmark after a prime land parcel in Raidurg was auctioned at approximately INR 237 crore per acre, the highest land price recorded in the city to date. The auction, conducted by the Telangana Industrial Infrastructure Corporation (TGIIC), attracted strong interest from developers and investors, reflecting growing demand for premium commercial land in Hyderabad’s technology corridor. The transaction has reinforced Raidurg’s position as one of the country’s most sought-after business districts and highlights the continued momentum in the city’s office-led real estate market.Read more

03 Jun 2026

• Family offices of Godrej Group, JSW Group, Macrotech Developers and Sattva Group have invested in real estate platform Sila.
• The investment comes as Sila expands its operations across property management, facility management and real estate advisory services.
• The transaction highlights rising family office interest in real estate service platforms amid growing institutionalisation of India’s property sector.Read more