10 Feb 2026

ACME Solar has won a 301 MW firm and dispatchable renewable energy project from SECI under the FDRE-VII tender. The project integrates solar, wind and battery storage to ensure reliable power supply during non-solar hours, with defined monthly and annual availability requirements. Awarded through an e-reverse auction earlier this week, the project is awaiting a formal Letter of Award. Following this win, ACME Solar's total contracted capacity has reached 8,071 MW across multiple renewable and round-the-clock power segments. ICRA has also assigned an AA-/Stable rating to its Sikar unit's INR 1,209 crore debt.Read more

10 Feb 2026

Serentica Renewables has secured a 600 MW project under India's FDRE VII assured peak tender, marking the largest single-location BESS installation in the company's history. The project will deliver 2,400 MWh of daily peak power through a combined solar and battery system, ensuring energy supply during non-solar hours to meet evening peak demand. With strict monthly and annual demand fulfilment ratios, the initiative strengthens grid reliability and supports India's renewable energy transition. Established in 2022, Serentica focuses on providing dispatchable clean energy to decarbonise critical sectors.Read more

10 Feb 2026

Mahindra Lifespace Developers Ltd has entered into a joint venture with Japan's Mitsui Fudosan Group to develop a premium residential project in Whitefield, Bengaluru. The project, named Mahindra Blossom, marks the first development under the strategic partnership and will comprise around 730 homes. While the company has not disclosed the total project cost or expected revenue, it said the collaboration aims to integrate Mitsui Fudosan's global expertise in design, sustainability and customer experience into Indian residential development. The Japanese developer views India as an attractive residential market driven by economic growth and urbanisation, with the project representing its entry into the country's housing sector. Mahindra Lifespace continues to expand its residential and integrated development footprint across multiple Indian cities.Read more

10 Feb 2026

Sri Lotus Developers & Realty Ltd has reported a 37 per cent year-on-year increase in consolidated net profit for the December quarter, supported by a sharp rise in total income. The Mumbai-based developer said its net profit stood at INR 70.22 crore during the quarter, compared with INR 51.35 crore in the corresponding period of the previous year. Total income more than doubled to INR 239.78 crore from INR 123.59 crore in the year-ago quarter, according to a regulatory filing made earlier this week. Incorporated in 2015, Sri Lotus Developers has completed four real estate projects and continues to expand its development pipeline through a combination of ongoing and upcoming projects across a significant carpet and saleable area footprint.Read more

10 Feb 2026

Shapoorji Pallonji Housing has announced Shapoorji Pallonji One Estate, a premium row house project within the 30-acre Joyville Howrah township near Santragachi. Spread over 8 acres, the project will offer 180 row houses designed to combine independent living with the security of a gated community. Joyville Howrah already houses over 800 families and allocates nearly 75 per cent of its area to open spaces. Strong transport connectivity and access to shared amenities remain key features of the development.Read more

10 Feb 2026

Noida Authority has opened applications for a fresh round of plot allotments across corporate office, commercial builder, hotel, group housing and religious categories through an online auction process. The offering includes plots of varied sizes spread across multiple sectors, with reserve prices ranging from about INR 1 crore to nearly INR 800 crore depending on use and location. While most plots will be allotted through e-auction, religious plots will follow an interview-based process. The move continues the authority's push for transparent land allocation.Read more

09 Feb 2026

Arvind SmartSpaces Ltd has acquired a 4.7-acre land parcel on Sarjapur Road, Bengaluru, on an outright basis to develop a residential housing project with an estimated saleable area of around 6.8 lakh sq ft. The project carries a topline revenue potential of approximately INR 860 crore and marks a further expansion of the company's vertical residential portfolio in the city. The acquisition strengthens Arvind SmartSpaces presence in one of Bengaluru's key residential corridors, following its earlier additions in the market. The developer entered Bengaluru in 2013 and has steadily expanded its footprint across the region. With multiple projects already delivered and several under development, the company continues to focus on high-growth urban markets as part of its broader residential expansion strategy.Read more

09 Feb 2026

Oberoi Realty has emerged as the highest bidder for an 11-acre railway land parcel in Bandra East, Mumbai, with a bid of INR 5,400 crore. The land, offered by the Railway Land Development Authority on a 99-year lease, has a development potential of around 19.50 lakh sq ft. Financial bids were opened during the past week, and the company is awaiting further steps from RLDA. The development comes alongside a marginal rise in the company's quarterly profit and income.Read more

08 Feb 2026

Keystone Realtors Limited, which operates under the Rustomjee brand, has reported strong operating and financial performance in Q3FY26, supported by steady housing demand and an active launch pipeline. The Mumbai Metropolitan Region-based developer recorded pre-sales of INR 8.37 bn during the quarter, taking year-to-date FY26 pre-sales to INR 26.76 bn, marking a 23% increase over the same period last year. During the first nine months of FY26, the company launched five projects with a combined gross development value of INR 58.35 bn, achieving over four-fifths of its full-year guidance. It also added four new projects with a GDV of INR 86.49 bn, surpassing its annual acquisition target, underlining a robust expansion strategy focused on redevelopment-led growth.Read more

08 Feb 2026

DLF has agreed to sell its IT/ITeS SEZ property and adjacent land parcel in Kolkata to subsidiaries of Srijan Realty for around INR 670 crore. The transaction includes DLF TechPark II, offering about 10.54 lakh sq ft of gross leasable area, and roughly 8.15 acres of freehold land, along with a 17.75-acre vacant land parcel. In FY2024-25, the SEZ business generated INR 66.88 crore, a minor share of DLF's consolidated turnover. The sale reflects DLF's ongoing strategy to optimize its portfolio and focus on core high-value assets.Read more