26 Mar 2026

Japan International Cooperation Agency has signed loan agreements with the Government of India for four projects with a combined value of approximately INR 16,420 crore. The funding will support metro rail expansions in Bengaluru and Mumbai, alongside initiatives in healthcare in Maharashtra and sustainable horticulture in Punjab. The projects are aimed at strengthening urban mobility, medical infrastructure and agricultural value chains. With implementation timelines extending into the early 2030s, the initiatives are expected to contribute to improved connectivity, healthcare access and climate-resilient agricultural practices across multiple states.Read more

26 Mar 2026

Octave, a potential software spin-off from Hexagon AB, announced that Keolis India Pvt. Ltd. has chosen its Attune Enterprise Asset Management (EAM) platform for Pune Metro Line 3. The metro line, currently under construction, spans 23 km with 23 stations and is expected to improve connectivity between Shivajinagar and Hinjewadi while easing congestion. The platform will manage the full asset lifecycle, support maintenance, and integrate with enterprise systems through a SaaS model, including generative AI capabilities.Read more

26 Mar 2026

The Odisha government has launched new affordable housing initiatives aimed at improving access to formal housing for the urban poor across key cities. The programme focuses on developing residential units under state and central schemes, targeting economically weaker sections and low-income households. The projects are being implemented through the Odisha Urban Housing Mission, with provisions for essential infrastructure and basic services. The initiative forms part of a broader push to reduce housing shortages, improve living conditions and support planned urbanisation. The state has also allocated budgetary support to accelerate implementation, with emphasis on faster execution and wider coverage across urban local bodies.Read more

26 Mar 2026

India Accelerator has announced plans to invest USD 5 million to expand its coworking and community workspace footprint across India over the next 12 to 18 months. The company aims to double its presence across cities, building on its existing network of 29 centres in more than 20 locations. Expansion is planned across both metro and tier-2 markets, including Vadodara, Kolkata, Guwahati and Bengaluru by the first half of 2026. The move reflects growing demand for flexible workspaces driven by startups, SMEs and enterprises adopting hybrid work models, alongside the increasing decentralisation of office demand beyond traditional business hubs.Read more

Mumbai News Desk

25 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has asked Mumbai Metropolitan Region Development Authority (MMRDA) and Maharashtra Housing and Area Development Authority (MHADA) to clear property tax dues of over INR 2,287 crore. A large portion of the dues comes from MMRDA's infrastructure assets, while MHADA's pending amount is linked to residential properties. The move comes as BMC strengthens collections before the financial year-end. With property tax now its main revenue source after octroi was removed, recovering such large dues has become important for maintaining civic finances.Read more

25 Mar 2026

Prime office markets across Europe are witnessing a supply shortage as new construction has declined to its lowest level in nearly a decade, even as demand and rents continue to rise. According to research by Cushman & Wakefield, space under construction stood at 10.1 million sq ft at the end of last year, the lowest since 2016. The shortage is being driven by high construction and financing costs, while occupier demand has strengthened with return-to-office trends. Prime office rents have recorded sustained growth, with limited availability forcing many occupiers to retain existing space. Geopolitical tensions and energy price volatility are expected to add further uncertainty to the sector's outlook.Read more

25 Mar 2026

Dredging Corporation of India (DCIL) is planning to scale up its operations and target a revenue of around INR 3,000 crore over the next five to six years. The company is expanding beyond its core port dredging business into new segments such as dams, reservoirs, and inland waterways. With a current topline of about INR 1,148 crore, DCIL is focusing on more tenders, partnerships, and large infrastructure projects. Growing government focus on port-led development and waterways is expected to support demand for dredging services.Read more

Pune News Desk

25 Mar 2026

Supreme Universal has announced an investment of approximately INR 1,500 crore to develop a residential project in Punawale, Pune. The project, named Supreme Rivana, will be executed over 12.6 acres under a joint development agreement and will have a development potential exceeding three million sq ft. It will comprise more than 2,200 apartments across multiple phases, targeting the mid-to-premium housing segment with 2BHK, 3BHK and 4BHK configurations. The phased construction approach aligns with demand in West Pune, a micro-market witnessing sustained residential activity driven by infrastructure growth and proximity to employment hubs.Read more

25 Mar 2026

The Government of India has announced the expansion of the SWAMIH Investment Fund under Budget 2026-27 with an allocation of INR 15,000 crore to support the completion of stalled housing projects. The initiative aims to provide relief to distressed homebuyers whose investments remain stuck and to improve overall confidence in the housing sector. As of earlier this year, the fund has committed investments across 148 projects and has already delivered over 63,000 homes. The scheme continues to function as a key financing mechanism for stressed residential developments across India.Read more

25 Mar 2026

Co-working operators are expanding rapidly into India's tier II cities as demand for managed office spaces increases among corporates. A report by Vestian highlights that over 575 flexible workspace centres have been established across 17 smaller cities, covering nearly 8.8-9 million sq ft. These cities now account for a significant share of India's flex space ecosystem, supported by cost advantages, infrastructure improvements, and growing enterprise interest. The trend reflects a shift in office space demand beyond metros, with global capability centres and companies exploring new locations for expansion and talent access.Read more