20 Jan 2026

West Bengal Housing Infrastructure Development Corporation Ltd (HIDCO) has announced an e-auction of prime commercial land parcels in the Central Business District (CBD) of New Town, Kolkata, inviting bids from eligible corporate bodies. Two freehold commercial plots, one measuring about 10 acres and another approximately 3.9 acres, are being offered with starting bid prices of INR 353.3 crore and INR 138.9 crore respectively. Bidders must begin construction within a year of taking possession, and any change in planned land use is not permitted, underscoring the state's intent to fast-track structured commercial development in the rapidly expanding township. The move reflects ongoing efforts to unlock land assets and stimulate investment in Kolkata's growing urban real estate market, building on broader initiatives to develop New Town into a major commercial and economic hub.Read more

20 Jan 2026

Realty firm Nirala World has announced an investment of around INR 80 crore to develop a premium commercial project, Nirala 154, along the Noida Greater Noida Expressway. Spread across 1.1 acres, the project will have a total leasable area of about 2 lakh square feet and is being developed on a pure leasing model to generate steady long-term rental income. The company expects the project to be completed by January 2028 and, once operational, to generate monthly lease rentals of approximately INR 1.5-2 crore. The development marks Nirala World's second commercial project in the Noida Greater Noida region and aligns with its strategy of strengthening its presence in income-generating commercial real estate alongside residential developments in Delhi-NCR.Read more

20 Jan 2026

K Raheja Corp has announced plans to develop a global school on a 1.18-acre land parcel in Juinagar, Navi Mumbai, as part of its large mixed-use development in the region. The international school, with a built-up area of around 1.8 lakh sq ft, will offer education up to Class 12 and is expected to commence its first academic session within the next three to four years. While the company has not disclosed the total investment for the project, the initiative underlines its focus on creating integrated urban ecosystems that combine education, workplaces, residences and lifestyle infrastructure. The school will form a key social infrastructure component of the developer's over 50-acre mixed-use township in Navi Mumbai.Read more

19 Jan 2026

M3M India and Smartworld Developers have entered into a partnership with global luxury brand Elie Saab to develop two branded residential projects in Gurugram and Noida with a combined investment of around INR 3,500 crore. The developments will include about 950 premium homes across both locations, positioned as high-end branded residences. The projects mark Elie Saab's first association with residential real estate in India and are planned for completion by 2030, reflecting rising demand for globally designed luxury housing in NCR.Read more

19 Jan 2026

Bengaluru-based Sumadhura Group plans to invest around INR 6,000 crore to develop six new residential projects in the city, reflecting continued confidence in housing demand, particularly in premium segments. The projects, scheduled for launch during the current quarter, will comprise over 4,000 units including apartments and residential plots. Located across east and north Bengaluru, the developments will span nearly 90 acres and offer a total saleable area of more than 8 million square feet. The company expects to generate around INR 10,000 crore in revenue from these projects. Despite broader market data showing flat quarterly sales in Bengaluru, Sumadhura sees sustained end-user demand. Over the past three decades, the group has delivered 56 projects covering more than 17 million square feet across multiple real estate verticals.Read more

19 Jan 2026

Prestige Estates has recorded strong growth in sales bookings, reporting a 39 per cent rise to INR 4,183.6 crore in the third quarter, with pre-sales in the first nine months more than doubling to INR 22,327.3 crore. The company sold 1,811 units in the quarter, taking nine-month sales to 8,598 units, and achieved 16.95 million sq ft in cumulative sales volume. Mumbai, Bengaluru, and Hyderabad led the geographical mix, and the average price per sq ft rose by 6 per cent. The performance reflects strong customer confidence in the Prestige brand.Read more

18 Jan 2026

Juniper Green Energy has initiated power generation at the 72-MWp solar segment of its 133-MWp hybrid project in Solapur, Maharashtra, which was commissioned on January 10. Developed by its subsidiary Juniper Green Spark Ten Private Ltd, the solar segment was completed 10 months earlier than planned, following the first phase of 36 MWp commissioned last September. The project's PPA with Maharashtra State Electricity Distribution Company Limited covers 108 MWp of solar and 25 MW of wind power, with full commercial operation originally set for November 2026. The solar commissioning marks a major milestone in advancing the hybrid project.Read more

18 Jan 2026

ACME Group's 400 MW solar power project with integrated battery storage in Andhra Pradesh has progressed from approvals to construction within four months. Located in Anantapur district and involving an investment of about INR 3,000 crore, the project is being developed under the Firm and Dispatchable Renewable Energy framework. It is scheduled for commissioning in 2026 and aims to provide reliable renewable power. The state government has highlighted the project as an example of its fast-track approach to renewable energy development and grid stability.Read more

18 Jan 2026

Waaree Renewable Technologies has secured an order worth INR 102.75 crore for the execution of a solar power project on a turnkey basis, according to a regulatory filing. The order involves the setting up of a ground-mounted solar project with a capacity of 25 MWac or 35 MWp, along with evacuation infrastructure of 50 MW. The project has been awarded by a domestic entity and includes engineering, procurement and construction works. As per the terms of the order, the project is scheduled to be completed during the 2026-27 financial year. The development adds to the company's EPC order book in the renewable energy segment.Read more

18 Jan 2026

Chandak Group has marked 40 years of operations in Mumbai's residential real estate market by launching #Mission4000Trees, a tree plantation initiative focused on enhancing the city's green cover. Instead of a traditional anniversary celebration, the developer undertook a large-scale plantation drive at its Chandak Treesourus project in Malad West, where 4,000 saplings were planted. The initiative reflects the company's stated emphasis on sustainability and environmental responsibility alongside urban development. The plantation drive was designed as a community-led effort involving residents and stakeholders, and also highlighted the group's approach to integrating open spaces and greenery within residential projects in densely populated parts of Mumbai.Read more