31 Mar 2026

The Telangana government has initiated a reallocation strategy to address more than 12,000 unoccupied double-bedroom housing units across Hyderabad and adjoining districts, following concerns over low occupancy despite high demand for affordable housing. Originally sanctioned under a previous administration, around 92,000 units were approved within Greater Hyderabad Municipal Corporation limits, of which 61,000 have been completed. While 23,500 houses were allotted before the 2023 elections, a significant share remains vacant due to location-related challenges. Beneficiaries have been issued notices to occupy homes within a revised deadline, failing which units will be reassigned to eligible applicants residing within a 5 km radius. The move aims to improve utilisation of public housing assets and refine future project planning.Read more

31 Mar 2026

L&T Technology Services (LTTS) has agreed to sell its Smart World and Communication (SWC) business to AMI Paradigm Solutions for INR 452 crore in a slump sale. The divestment is part of LTTS's strategic five year plan to focus on AI driven digital engineering and Engineering Intelligence services. The SWC unit, which generated over INR 1,000 crore in revenue last fiscal, provides smart infrastructure and technology solutions in India and abroad. The deal, expected to close by late September, will allow LTTS to reallocate resources to higher-growth technology segments while enabling AMI Paradigm to expand its AI capabilities.Read more

31 Mar 2026

The upcoming Noida International Airport at Jewar is expected to accelerate residential real estate activity in Greater Noida, with increased demand and new project launches anticipated as economic activity expands, according to a report by Knight Frank India. Annual housing supply in Greater Noida has already risen from 4,415 units in 2021 to 14,000 units in 2025, while sales have grown to 12,903 units over the same period. The micro-market accounted for 28 per cent of new launches and 25 per cent of sales across Delhi-NCR in 2025. The report indicates that the airport will strengthen developer confidence, attract investments, and support growth along the Yamuna Expressway and surrounding catchments.Read more

31 Mar 2026

The Union government is examining a proposal to merge Rail Vikas Nigam Limited (RVNL) and IRCON International, two Navratna public sector enterprises under the Ministry of Railways, to create a larger infrastructure execution entity. The plan, currently under inter-ministerial review, aims to combine engineering, project management and financial capabilities to improve efficiency and enable the combined entity to undertake larger domestic and international projects. The proposal will require approvals from the Ministry of Finance, Department of Public Enterprises and the Cabinet Committee on Economic Affairs. Both companies currently operate independently across railway construction, electrification and infrastructure segments, and the consolidation is expected to reduce overlap while strengthening execution capacity and project delivery scale.Read more

30 Mar 2026

The central government is set to deploy 10,000 air-conditioned electric buses across 116 cities by 2027 under the PM e-Bus Sewa scheme. The initiative will mainly cover Tier 2, Tier 3, and hill cities to improve public transport and reduce pollution. In addition, a larger plan to introduce around 35,000 more e-buses is under consideration. The scheme includes support for charging infrastructure and operations. This move builds on earlier electrification efforts and is expected to improve connectivity, lower fuel dependence, and modernise urban transport systems.Read more

30 Mar 2026

Jindal Stainless has started drawing renewable energy from Oyster Renewable Energy's hybrid project in Madhya Pradesh, marking progress in its decarbonisation plans. The project is part of a larger 315 MW renewable energy agreement signed earlier, with power being supplied to its plants in Odisha and Haryana. The company has already reduced emissions significantly in FY25 and plans to further increase green energy use in FY26. With additional capacity expected soon, this move reflects a broader industry shift towards clean and cost-efficient power solutions.Read more

30 Mar 2026

The Delhi Metro Rail Corporation has partnered with INSEAD, Singapore, to boost capacity building and professional excellence in the metro rail sector. This MoU establishes a platform for knowledge exchange between DMRC Academy and INSEAD, focusing on strategic, business, and customer service aspects of metro operations. The collaboration combines DMRC's extensive experience in urban transport systems with INSEAD's expertise in leadership and management education. It aims to enhance skill development, encourage innovation, and implement global best practices in metro management, strengthening urban transit operations and workforce capabilities.Read more

30 Mar 2026

The Employees' State Insurance Corporation has inaugurated a new branch office in Sri Muktsar Sahib, Punjab, aimed at improving access to social security services for workers and insured beneficiaries. The facility was opened by Dr Hemant Garg, Deputy Director-cum-Recovery Officer at ESIC's regional office in Punjab. The office is expected to enhance service delivery through faster grievance redressal, improved scheme implementation, and greater accessibility for beneficiaries in the region. The development aligns with ongoing efforts by the Ministry of Labour and Employment to expand institutional reach, strengthen welfare frameworks, and support compliance through digital initiatives and labour reforms.Read more

30 Mar 2026

Construction of the Delhi-Mumbai Expressway across Rajasthan is approaching completion, with the National Highways Authority of India targeting a September deadline for the remaining sections. Of the total 373 km alignment in the state, around 338 km has already been completed, leaving approximately 35 km under construction. Key pending works include a 27 km stretch across Sawai Madhopur, Dausa and Bundi districts, along with a tunnel near Kota facing minor technical delays. Designed as a high-speed, access-controlled corridor, the expressway will significantly reduce travel time and improve regional connectivity. The project forms a critical segment of the 1,350 km greenfield corridor linking Delhi and Mumbai, aimed at strengthening logistics efficiency and inter-state mobility.Read more

30 Mar 2026

Vadodara Municipal Corporation is preparing to raise around INR 200 crore through a proposed blue bond issuance by mid-year, aimed at financing water management projects. The civic body has received regulatory approvals, and the credit rating process is currently underway. Blue bonds, similar to green bonds, are linked to sustainable infrastructure and may qualify for central government incentives. The corporation has previously accessed the bond market, raising INR 100 crore each through municipal bonds in 2022 and green bonds in 2024. The move comes amid stable but slightly declining revenue receipts and rising expenditure, reflecting the need for alternative funding sources for urban infrastructure development.Read more

30 Mar 2026

Aditya Birla Real Estate Ltd has announced a redevelopment project in Mumbai through a joint venture with Parinee Group. The project is expected to unlock a development potential of around INR 1,700 crore. This move reflects the company's continued focus on expanding its urban redevelopment portfolio in key cities like Mumbai, where demand for modern housing and commercial spaces remains strong. Redevelopment projects have become a major growth driver for real estate firms due to limited land availability and increasing interest from housing societies seeking better infrastructure and living conditions.Read more

30 Mar 2026

The Noida International Airport (NIA) in Jewar, Uttar Pradesh, is set to be inaugurated by Prime Minister Narendra Modi, marking the launch of a major greenfield aviation project in the National Capital Region. Developed at an investment of INR 11,200 crore, the airport will initially handle 12 million passengers annually, with planned expansion to 70 million capacity. Operated by Yamuna International Airport Pvt Ltd, a subsidiary of Zurich Airport International AG, the project is expected to ease congestion at Delhi's existing airport and strengthen regional connectivity. The facility includes cargo infrastructure, logistics zones, and a dedicated maintenance hub, positioning it as a key infrastructure addition to the region.Read more

30 Mar 2026

Delhi's latest budget for FY27 dedicates INR 8,374 crore to transform the city's transport system with a focus on cleaner, sustainable mobility. Funding prioritises the expansion of the metro under DMRC Phase IV and Phase V, development of Regional Rapid Transit System (RRTS) corridors, and electric vehicle adoption. The EV bus fleet will grow from 4,400 to 5,800, with a longer-term target of 12,000 by 2029. Investments also include charging infrastructure, new automatic testing stations, and feasibility studies to reduce congestion and pollution in the city.Read more

30 Mar 2026

Residential property prices along the Yamuna Expressway in the National Capital Region have recorded sharp appreciation over the past five years, driven by infrastructure development, particularly the upcoming Noida International Airport. According to a report by Square Yards, average apartment rates have nearly tripled, while land prices have risen by around 1.5 times, with certain micro-markets witnessing up to fivefold growth. The surge has been supported by both investor and end-user demand, linked to the airport-led development corridor. However, price growth is expected to stabilise over the next two years, with projected increases of 22% for apartments and 28% for plots, indicating a transition towards a more mature market cycle.Read more

30 Mar 2026

A performance audit by the Comptroller and Auditor General of India has identified unwarranted expenditure of Rs 297.97 crore in road projects executed in Maharashtra under the Hybrid Annuity Model (HAM). The audit, presented in the Maharashtra Legislative Assembly, examined projects implemented between 2018-19 and 2022-23. It highlighted issues in detailed project reports, incorrect cost estimations, delays in payments, and weak monitoring mechanisms. The report also pointed to excess insurance-related costs, procedural lapses, and instances where works began without required clearances, while also noting improved connectivity on certain road stretches.Read more

30 Mar 2026

Central infrastructure projects in India, each valued at over INR 150 crore, have faced cumulative cost overruns of INR 5.66 lakh crore, raising the total revised project cost to INR 41.98 lakh crore. The 1,948 ongoing projects, monitored across 17 ministries, have spent INR 19.71 lakh crore so far, with many projects in advanced stages. Transport and Logistics dominate the project landscape, followed by energy, communication, water, and social infrastructure. Several major projects were commissioned recently, and 268 additional projects were brought under monitoring, reflecting continued government focus on connectivity and essential services.Read more

30 Mar 2026

VinFast Auto India has expanded its retail presence by opening its 50th dealership in Bengaluru, marking steady progress in its India growth strategy. The new 3S facility, developed with PPS Motors LLP, reflects the company's focus on premium customer experience and integrated sales and service. With plans to reach 75 outlets across 60+ cities by year-end, VinFast is strengthening its footprint beyond metros into emerging markets. Alongside retail expansion, the company is building a broader EV ecosystem, offering strong safety ratings, long warranties, and customer-focused initiatives to support electric vehicle adoption.Read more

30 Mar 2026

Ceigall India Limited has entered into power purchase agreements with Maharashtra State Electricity Distribution Co. Ltd. for two solar photovoltaic projects with a combined capacity of 337 MW. The projects, being developed under Mukhyamantri Saur Krushi Vahini Yojana 2.0, involve an estimated investment of INR 1,369 crore and will be executed through the company's wholly-owned subsidiaries. One project of 190 MW will span four districts, while the 147 MW project will cover two districts, with an execution timeline of around 18 months.Read more

Mumbai News Desk

30 Mar 2026

The long-delayed Kamathipura cluster redevelopment in Mumbai is finally set to move forward, with a work order expected shortly and construction likely to begin within the next two months. Led by MHADA, the project will cover over 700 old buildings and rehabilitate around 8,000 residents into 500 sq ft homes. The plan had been stalled for more than a decade due to administrative and planning issues but has now reached the execution stage after key approvals and contractor appointments, bringing clarity to one of the city's oldest redevelopment projects.Read more

29 Mar 2026

Navi Mumbai Municipal Corporation has undertaken demolition action against an unauthorised structure in the Nerul division after the property owner failed to comply with a statutory notice issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966. The construction, located in Nerul village, was found to be ongoing despite prior enforcement warnings. The action was executed under the direction of Municipal Commissioner Dr Kailas Shinde, with supervision from senior officials including Additional Commissioner Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad. The operation involved municipal staff, labourers and mechanised equipment, supported by police personnel. The civic body has stated that enforcement drives will continue to address unauthorised developments across its jurisdiction.Read more