01 Dec 2025

Tata Realty and Infrastructure Ltd has secured an INR 1,280 crore green loan from DBS Bank India to fund its sustainable Gurugram project, Intellion Park, which offers 2.1 million sq ft of Grade A office space. The funds will be utilized for certified green assets adhering to global sustainability benchmarks. DBS Bank India acted as the sole advisor and green loan coordinator. Tata Realty's commercial portfolio spans 19.6 million sq ft, while its residential arm, Tata Housing, manages over 34 projects across India and the Maldives, reflecting the group's commitment to sustainable development.Read more

30 Nov 2025

Tata Power is set to invest INR 10,000 crore to build a 10-GW ingots and wafers manufacturing plant in Odisha, crucial for solar cell, module, and semiconductor production. With an existing 4.55 GW cell and module capacity, the company plans to backward integrate its production to serve domestic and export markets. Two locations, Gopalpur and Cuttack, are under consideration due to their port proximity. This investment enhances Tata Power's solar manufacturing capabilities, strengthens supply chains, and reflects the company's commitment to supporting India's renewable energy growth and global market expansion.Read more

30 Nov 2025

The Brihanmumbai Municipal Corporation (BMC) has invited bids to lease a prime 1,299.52 sq m plot in Worli for 30 years, with an option to extend for another 30. The land, located near the Bandra-Worli Sea Link, is expected to generate around INR 200 crore, which will be used for city infrastructure projects. The plot was regained by BMC after a long legal dispute, and under Mumbai's Development Plan 2034, it is earmarked for public recreational or community use, potentially as a gymkhana or club.Read more

29 Nov 2025

GMR Cargo and Logistics Ltd, a subsidiary of GMR Airports, has secured a term loan of INR 750 crore from Axis Bank to develop a cargo city at Delhi's Indira Gandhi International Airport across 50.5 acres. To secure the facility, GMR Airports provided a Sponsor Support Undertaking and pledged or restricted the sale of 51% of its GCLL shares. The SSU will cover the construction period of Phase 1 and one year of operations. Additional funding will be infused if project costs overrun or repayments fall short.Read more

29 Nov 2025

A Cuttack housing project under the 'Housing for All' scheme faces a GST liability of nearly INR 10 crore for transfer of development rights. The project involved a 3.63-acre land parcel where 550 units for EWS and 320 units for LIG were constructed in collaboration with the Cuttack Development Authority. While GST on construction services and interest for delayed compliance was paid, the TDR-related GST remains unpaid. Officials flagged issues with input tax credit entries, prompting the case to be escalated to the national GST enforcement agency for detailed investigation.Read more

29 Nov 2025

BSNL is set to auction an 11.1 acre land parcel on Jessore Road, Madhyamgram, Kolkata, within the next few months. Valued internally at INR 179 crore, the land is expected to attract bids exceeding INR 250 crore due to its strategic location near Star Mall and close to Kolkata airport. Previously, BSNL sold a smaller Kankurgachi parcel for INR 131 crore. The Madhyamgram land, currently housing staff quarters and a telephone exchange, could support large-scale residential projects, drawing interest from national and local developers, under the supervision of NLMC.Read more

28 Nov 2025

Mt. K Kapital has launched its second real estate credit fund with a target size of USD 450 million, a move that comes on the back of strong investor confidence following the performance of its debut fund. The new fund will expand the firm's presence across Mumbai, NCR, Pune, and Bengaluru, with deployment expected around early 2026. The platform aims to partner with developers from the acquisition stage and support them through the project cycle. With robust participation from both GPs and LPs, the fund builds on the success of Mt. K Kapital's earlier MMR-focused investment strategy.Read more

28 Nov 2025

HDFC Capital Advisors has joined hands with Hero Realty to launch a INR 1,000 crore platform for residential projects in India's Tier 1 and Tier 2 cities. Hero Realty, with a track record of over 8.4 million sq ft in completed residential projects and 200 acres of industrial parks, currently has five ongoing developments. The partnership aims to tap into rising demand for mid-income housing, focusing on well-connected towns near major metros. HDFC Capital's CEO emphasized that the move supports sustainable housing growth for India's middle class, while Hero Realty plans faster expansion under this collaboration.Read more

28 Nov 2025

Siemens Energy India reported a year-on-year rise of over 31 per cent in net profit for the July-September period, supported mainly by higher operational revenue and a strong order book. Revenue increased to INR 2,646 crore, while the order backlog reached INR 16,205 crore, reflecting a 47 per cent jump over the previous financial year. New orders remained slightly higher than last year, and the company's Board recommended a 200 per cent dividend. The firm also expanded its manufacturing and service capabilities to meet the ongoing rise in demand for electrification across India.Read more

28 Nov 2025

The Union Cabinet has approved an INR 9,858 crore Phase 2 expansion of Pune Metro, adding Lines 4 and 4A, covering roughly 31.6 km with 28 elevated stations. These lines will connect key IT, commercial, educational, and residential areas across Pune. Maha?Metro will handle all construction and systems work, with preliminary surveys and design activities already underway. Daily ridership on these corridors is expected to reach 4.09 lakh by 2028 and over 11.7 lakh by 2058. The expansion aims to enhance connectivity, reduce traffic congestion, and support long-term urban growth.Read more