13 Jan 2026

Mumbai-based Crest Ventures has partnered with Vensco Projects to develop a premium mixed-use residential project in Chembur, with an estimated gross development value of around INR 1,850 crore. Located on Golf Course Road, the luxury development will span about 2.5 acres and offer nearly 5 lakh sq ft of saleable area. The project reflects rising demand for high-end housing in eastern Mumbai, driven by improved connectivity and established social infrastructure. Crest Ventures said the development aligns with its luxury housing strategy and changing buyer preferences for integrated, well-planned communities. Chembur continues to attract developers as a key residential micro-market, with mixed-use projects gaining traction for their lifestyle appeal and long-term value.Read more

13 Jan 2026

Lodha Developers Ltd has acquired five land parcels across Mumbai Metropolitan Region, Delhi-NCR and Bengaluru to develop residential projects with an estimated sales value of nearly INR 34,000 crore. The acquisitions, completed in the October-December quarter, strengthen the company's future project pipeline and growth visibility. Lodha plans to build primarily housing projects on these sites, tapping demand in India's top real estate markets. The move follows the company's recent entry into Delhi-NCR through partnerships in Gurugram and aligns with its strategy of calibrated capital deployment. With a strong presence in MMR, Pune and Bengaluru, Lodha aims to expand its reach across major cities while working towards its annual sales booking target of INR 21,000 crore.Read more

13 Jan 2026

Bhumika Realty has raised INR 170 crore from a real estate credit platform backed by Aditya Birla Sun Life AMC and global investor BGO to fund its upcoming mixed-use project in Faridabad. The funding will support construction and working capital needs and was secured shortly after the project launch, highlighting growing investor confidence in the city. Faridabad is emerging as a key real estate destination, driven by improved connectivity, infrastructure upgrades, and rising demand across residential, retail, and commercial segments. Industry leaders say mixed-use developments are gaining preference as buyers and occupiers seek integrated live-work-play environments. The investment reflects sustained interest in NCR markets and the increasing flow of institutional capital into well-structured real estate projects.Read more

13 Jan 2026

State-owned NTPC plans to invest around INR 10,000 crore to set up a coal-to-synthetic natural gas (SNG) facility at Talaipalli in Chhattisgarh, strengthening fuel diversification and domestic coal utilisation. Spread over nearly 150 acres, the plant will produce about 5 lakh tonnes of SNG annually using coal from NTPC's captive mines. The project will deploy advanced gasification and methanation technologies, with final tie-ups expected by FY26-end. Beyond SNG, the facility can support production of fuels and petrochemicals, boosting industrial activity. The project is expected to create jobs, drive demand for infrastructure, and position Chhattisgarh as a key hub for cleaner, technology-led energy and industrial development.Read more

13 Jan 2026

Omaxe Group has recorded a strong market response to the launch of Omaxe Eternity 2, its integrated township project in Vrindavan, with around 750 units sold within days of launch. The rapid sell-out highlights robust demand from both end-users and investors for well-planned townships in culturally significant and well-connected locations. Spread across 101 acres, the project offers a mix of residential plots, villas, studio apartments, retail spaces and group housing, creating a self-sustained urban ecosystem. Competitive pricing, coupled with Vrindavan's growing infrastructure and spiritual importance, has played a key role in driving buyer interest. The success reinforces Omaxe Group's strategy of focusing on integrated developments in emerging growth corridors.Read more

13 Jan 2026

The Lucknow Development Authority (LDA) has conducted a lottery for allotment of 1,665 affordable 1BHK flats, marking a key step in expanding access to affordable housing in the city. The flats are part of the authority's ongoing efforts to provide quality homes to eligible residents under subsidised schemes designed for lower and middle-income groups. The lottery event saw strong participation from applicants seeking affordable home ownership, reflecting persistent demand for budget housing in urban centres. The allotment process will be followed by further documentation and possession timelines for successful applicants, as the authority moves ahead with project execution. The initiative underscores the role of civic bodies in addressing housing needs and facilitating inclusive urban development through planned residential supply.Read more

12 Jan 2026

Uttar Pradesh Chief Minister Shri Yogi Adityanath has inaugurated Ashok Leyland's new electric vehicle manufacturing plant, strengthening the state's industrial and logistics ecosystem. The facility will begin with an annual capacity of 2,500 electric buses, expanding to 5,000 units in phases. The project highlights Uttar Pradesh's improved infrastructure, including expressways, freight corridors, rail networks, and logistics hubs, which are attracting large-scale manufacturing investments. The state has received investment proposals worth INR 45 lakh crore and now contributes nearly 9.5 per cent to India's GDP. The EV plant supports Make in India goals, boosts electric mobility, creates skilled jobs, and reinforces Uttar Pradesh's position as a key manufacturing destination.Read more

12 Jan 2026

A joint venture between Prestige Estates Projects Ltd and Arihant Foundations & Housing Ltd has agreed to acquire a 16.38-acre land parcel in Padi, Chennai, for INR 561 crore, strengthening Prestige Group's presence in a key urban market. The land is being purchased through Canopy Living LLP from Sundaram-Clayton Ltd and is intended for a future real estate development. The transaction reflects Prestige Group's continued focus on securing well-located land assets in high-demand city locations to support its long-term residential and mixed-use growth strategy. With Chennai emerging as an important market for large-scale urban developments, the acquisition aligns with the group's broader expansion plans across major Indian cities.Read more

12 Jan 2026

Lodha Developers Ltd has strengthened its future development pipeline by acquiring five land parcels across Mumbai Metropolitan Region, Delhi-NCR and Bengaluru during the October-December quarter of FY26. These acquisitions, made through a mix of outright purchases and partnerships, are expected to generate an estimated gross development value of around INR 33,800 crore, largely from residential projects. The move reflects the company's strategy of building long-term growth visibility by expanding its land bank in high-demand urban markets. Lodha's recent entry into Delhi-NCR, including joint development projects in Gurugram, marks a significant geographic expansion aimed at capturing housing demand across India's largest cities.Read more

Bangalore News Desk

12 Jan 2026

Bengaluru-based Sumadhura Group is set to launch six luxury residential projects across the city's East and North corridors, aiming to generate around INR 10,000 crore in revenue in the current financial year. The projects will span over 8 million sq ft of saleable area and include more than 4,000 apartments along with over 400 plotted development units across roughly 90 acres in micro-markets like Whitefield, Panathur, Marathahalli Thubarahalli, Rachenahalli, and Devanahalli. Three projects have already secured RERA approval, reflecting the group's strong focus on premium housing.Read more