22 Feb 2026

Signature Global (India) Ltd. has announced its entry into large-scale commercial real estate through a 50:50 joint venture with RMZ Corp to develop a mixed-use project on Southern Peripheral Road (SPR), Gurugram. Under the agreement, RMZ will invest INR 1,283 crore to acquire a 50% equity stake in Gurugram Commercity Limited (GCL), a wholly owned subsidiary of Signature Global. The development, spanning 3.94 million sq ft of Floor Space Index (FSI), will include office spaces, hotels and retail components. Upon completion, the project is expected to have a total capital value of approximately INR 14,000-16,000 crore, positioning it among the larger mixed-use developments in the region and marking a strategic diversification for Signature Global beyond its core residential portfolio.Read more

21 Feb 2026

Casagrand has launched Casagrand Mandarin in Miyapur, introducing what it terms Hyderabad's first UPARTMENT a new residential category positioned as an upgrade over conventional apartments through higher space efficiency and low-density planning. Spread across eight acres, the gated community will comprise 334 large-format 3 and 4 BHK homes with a reported carpet efficiency of 78%, around four percentage points higher than typical apartments. The project features over 70 lifestyle amenities and 25 wellness-oriented facilities, anchored by a 41,000 sq ft clubhouse. Prices start from INR 1.25 crore. Located in Miyapur, the development targets professionals seeking larger homes with improved connectivity to IT corridors, metro networks and social infrastructure, while maintaining an institutional-grade construction and amenity offering.Read more

21 Feb 2026

NVT Quality Lifestyle has announced its strategic entry into sky villas and large-format integrated townships, marking a significant evolution from its established presence in the luxury villa segment. The Bengaluru-based developer plans to deliver approximately 5 million sq ft of new premium residential space by 2028, targeting annual sales of INR 1,200-1,500 crore. Anchored by a multi-phase, 100-acre township set against a 300-acre lake, the initiative reflects rising demand from affluent domestic buyers and NRIs for master-planned communities offering diverse housing formats. With infrastructure growth accelerating in key corridors of Bengaluru, the move positions NVT to capitalise on next-generation luxury housing trends centred on lifestyle integration, connectivity and long-term asset value.Read more

21 Feb 2026

Mumbai-based developer Paradigm Realty has unveiled an ultra-luxury double-height designer lobby at Paradigm Anantaara, its 41-storey flagship project in Borivali West. The developer said the lobby sets the tone for the project's positioning as a premium lifestyle address, combining grand proportions, curated interiors and high-end materials with integrated security features. Nearly 500 ft tall and located in Shimpoli, the tower offers 3, 4 and 6 BHK deck residences with views of Sanjay Gandhi National Park, the Global Pagoda and the Arabian Sea. The company said the lobby launch marks the first of several experiential reveals planned for the project, including a podium-level amenity zone and a rooftop sky deck with an infinity pool.Read more

Kolkata News Desk

20 Feb 2026

Eden Realty Group has announced a comprehensive INR 5,000-crore investment strategy for residential, commercial and hospitality projects in West Bengal to be executed by 2030, signalling a marked expansion of its portfolio along the Hooghly riverfront. Central to the plan is a premium riverside residential development in Shalimar, Howrah, comprising more than 1,000 homes in five towers with an estimated INR 2,000-crore outlay. For the first time, the group is entering the hospitality sector with five luxury hotels totalling approximately 600 rooms at key locations including Kolkata, Howrah, South 24 Parganas, Raichak and Budge Budge. The first 80-room property is planned on a 2.3-acre parcel leased from the Syama Prasad Mookerjee Port, while a larger 300-room hotel is anticipated on a 20-acre leased site at Garden Reach. Discussions are underway with Indian and international hotel operators to manage the new properties, though none have been finalised. INR-funded investment figures reflect the company's commitment to enhancing urban living and tourism infrastructure in the region while broadening its presence in both residential and hospitality segments.Read more

20 Feb 2026

Waaree Energies will establish India's largest integrated lithium-ion battery Gigafactory in Andhra Pradesh with an investment of INR 8,175 crore. Located at Rambilli in Anakapalli district, the 16 GWh facility will cover advanced cell manufacturing, battery pack assembly and large-scale Battery Energy Storage Systems (BESS). The project has received in-principle approval from the Andhra Pradesh State Investment Promotion Board and is expected to create around 3,000 direct jobs. The plant will strengthen domestic battery manufacturing, reduce import dependence and support renewable energy, electric mobility and grid stability. Backed by the state's Integrated Clean Energy Policy, Andhra Pradesh is emerging as a major clean-energy manufacturing hub.Read more

20 Feb 2026

The Tata Group and OpenAI have announced a strategic partnership to develop AI infrastructure in India, starting with 100MW of AI-ready capacity and scalable to 1GW. TCS, through its data centre arm HyperVault, will build green-powered, liquid-cooled facilities designed for high-density AI workloads. Backed by a USD 1 billion investment from TPG, the venture aims to position India as a global AI hub. The collaboration will also drive enterprise AI adoption, with TCS deploying OpenAI solutions across sectors. Thousands of Tata employees will access Enterprise ChatGPT, while AI skilling and industry-focused solutions form a key part of the initiative.Read more

20 Feb 2026

The Bihar government has announced plans to construct pucca houses for around 1.04 crore families identified under the Pradhan Mantri Awas Yojana (PMAY), subject to approval from the central government. The state's Rural Development Minister informed the legislative assembly that detailed lists of eligible families have been submitted to the Centre and that implementation will begin once clearance is received. Alongside the PMAY-Gramin component, which focuses on rural housing, online applications from about 20 lakh families have been received. The minister also outlined ongoing efforts to support additional housing needs, including schemes for landless persons and replacement houses for earlier beneficiaries whose old structures have become dilapidated. Funding requirements for the Rural Development Department for the upcoming financial year were discussed, with the assembly approving the demand for grants. The announcement reflects Bihar's commitment to expanding access to permanent housing for economically disadvantaged households under national housing programmes.Read more

19 Feb 2026

Sambhav Homes and Infrastructure, part of the e-Cosmos Group, has handed over 85 acres of land to ESR Group for the development of the ESR Hosur Advanced Manufacturing Park in Tamil Nadu. The project, backed by an investment of INR 600 crore, has a development potential of 2.1 million sq ft and marks a major expansion of ESR's industrial and logistics platform in South India. Strategically located in the Hosur-Shoolagiri industrial belt near key markets such as Bengaluru and Chennai, the park is expected to strengthen the region's manufacturing ecosystem and enhance Tamil Nadu's position as a leading industrial hub.Read more

18 Feb 2026

Suraj Estate Developers Ltd is considering raising up to INR 450 million through the private placement of debentures, as disclosed in a regulatory filing cited by Reuters. The proposal is expected to be taken up by the company's board, though key terms of the issue have not been revealed. The move reflects a broader trend among real estate developers opting for debt instruments to meet funding needs. The company has an active presence in Mumbai's redevelopment market and has previously used structured financing to support its operations.Read more