Advertisement
22 Mar 2026
Delhi's Public Works Department (PWD) has introduced random inspections across road projects to improve construction quality and durability. Engineers will conduct on-site checks using modern equipment to assess materials and execution during different stages of construction. The move aims to detect issues early, reduce delays, and ensure accountability among contractors. The department is also working on setting up in-house testing facilities to speed up verification processes. This comes as Delhi undertakes large-scale road repairs and redevelopment to improve overall urban infrastructure and reduce recurring maintenance problems.Read more
22 Mar 2026
The central government is working on a dedicated insurance support mechanism for shipping companies as risks rise due to the ongoing West Asia conflict. The proposal includes setting up a domestic protection and indemnity (P&I) structure and a war-risk insurance fund of around INR 1,000 crore. Global insurers have reduced exposure to high-risk routes like the Strait of Hormuz, leading to higher premiums and limited coverage. The move aims to ensure smoother trade operations, reduce reliance on foreign insurers, and support Indian shipping firms and exporters facing cost pressures.Read more
22 Mar 2026
The Municipal Corporation of Delhi has started repair and maintenance work on borewells across city parks to ensure water availability during the summer months. Around 3,500 borewells support over 15,200 parks, many of which depend fully on groundwater for irrigation. Funds are being released zone-wise and tenders are being processed to complete the work on time. The move comes after last year's maintenance delays led to water shortages in several parks. Officials are also checking non-functional equipment to improve reliability and reduce dependence on tanker supply.Read more
22 Mar 2026
The Karnataka government has requested the Centre to review building height restrictions around key aviation zones in Bengaluru, stating that they are affecting real estate development and limiting efficient land use. Deputy Chief Minister D. K. Shivakumar raised the issue with Kinjarapu Ram Mohan Naidu, seeking flexibility similar to other metro cities. The restrictions impact multiple airport and defence-linked areas, reducing the feasibility of vertical projects. The state is also working on long-term infrastructure plans, including a second airport and urban expansion measures.Read more
22 Mar 2026
Indore Metro has completed high-speed trials at 80 kmph on an extended stretch, marking a key step before expanding passenger operations. The Commissioner of Metro Rail Safety (CMRS) carried out detailed inspections of stations, systems, and safety mechanisms, including emergency braking and signalling checks. With inspections now complete, the project is awaiting the final No Objection Certificate. Once approved, the operational corridor will increase from 6 km to around 17.5 km, improving connectivity between the airport zone and major commercial areas such as Vijay Nagar.Read more
22 Mar 2026
The New Delhi Municipal Council has started a pilot project to provide round-the-clock drinking water supply in the Vinay Marg area, covering about 550 connections, mainly government housing. The initiative focuses on improving supply reliability, reducing water losses, and upgrading infrastructure using systems like SCADA for real-time monitoring. With an estimated cost of around INR 1.38 crore, the project includes pipeline strengthening and network optimisation. It is part of a broader plan to modernise water distribution and, if successful, may be expanded to other NDMC areas.Read more
21 Mar 2026
The Union government has approved a survey for the proposed Hyderabad Regional Ring Rail project, marking an initial step towards developing a rail network aligned with the Regional Ring Road (RRR) corridor. The approval, granted in the past week by the Ministry of Railways, will enable preparation of a Detailed Project Report (DPR) in coordination with the Telangana government. The proposed rail system is intended to enhance connectivity between Hyderabad and surrounding districts, while integrating with existing transport infrastructure. The project is expected to support passenger and freight movement, particularly across emerging industrial and peri-urban zones. The survey will assess alignment, technical feasibility, and cost parameters before further approvals from central agencies are considered.Read more
21 Mar 2026
The Lucknow Development Authority (LDA) has adopted drones and satellite imagery to strengthen enforcement against unauthorised constructions and land-use violations. Initial surveys have focused on residential plots along major roads where some properties were being used for offices, showrooms, and retail without approved land-use changes. By combining GPS data, geospatial mapping, and aerial imagery, the authority is identifying deviations like unauthorised floors and layout changes. Over 5,000 illegal constructions have already been detected and sealed. Regular six-monthly surveys across all city zones are planned for ongoing compliance and prompt action.Read more
21 Mar 2026
Policy focus on infrastructure expansion, particularly high-speed rail corridors announced in the Union Budget 2026-27, is expected to accelerate the growth of Tier-II and Tier-III cities as key real estate and economic centres. Proposed corridors such as Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, and Delhi Varanasi aim to reduce travel time and improve inter-city mobility, linking smaller cities with major economic hubs. Improved connectivity is driving demand for residential, commercial, and logistics developments in these markets, supported by lower land costs and expanding employment opportunities. The shift reflects a broader move towards decentralised urbanisation, as developers and investors increasingly explore opportunities beyond Tier-I cities, where rising costs and congestion have constrained further expansion.Read more
21 Mar 2026
The Union government is examining the introduction of a Namo Bharat rapid rail service between Bhubaneswar and Cuttack to strengthen regional connectivity in Odisha. Announced in the past week by Railway Minister Ashwini Vaishnaw, the proposal involves operating high-frequency trains on a new railway line currently under consideration. The service is expected to run at intervals of around 30 minutes, offering a cost-effective alternative to the previously proposed metro project, which had an estimated cost of INR 6,255 crore. The plan is aimed at improving commuter mobility between the twin cities, which function as a single urban cluster with high daily traffic movement. The initiative forms part of broader efforts to expand semi-high-speed rail-based urban transit systems across emerging metropolitan regions.Read more
Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
21 Mar 2026
The Municipal Corporation of Delhi (MCD) has introduced an online portal to streamline the collection and disposal of construction and demolition (C&D) waste across the capital, enabling residents, developers, and contractors to request pickups through a digital interface. Launched in the past week, the platform connects users with authorised transporters and provides end-to-end tracking of waste movement to designated processing facilities. The initiative aligns with the C&D Waste Management Rules, 2025, and aims to address large volumes of debris generated daily in the city. Authorities have allowed free collection for waste up to one metric tonne, with prescribed charges beyond that limit. The system is expected to strengthen compliance, reduce unauthorised dumping, and support recycling efforts in Delhi's construction sector.Read more
21 Mar 2026
The completion timeline for the Hinjewadi Shivajinagar Metro corridor in Pune has been deferred again, with authorities citing construction and coordination challenges affecting progress. The project, being implemented by Pune IT City Metro Rail Limited (PITCMRL), is a key urban transit link connecting the city centre with the Hinjewadi IT hub. Initially targeted for earlier completion phases, the revised schedule now extends the delivery timeline beyond previous projections. The delay is attributed to land acquisition issues, utility shifting, and complexities in executing elevated structures along congested stretches. The corridor is expected to significantly ease traffic congestion upon completion, but repeated timeline revisions have raised concerns around execution pace and project management in large-scale urban infrastructure developments.Read more
21 Mar 2026
Borivali, long regarded as a stable suburban residential destination in Mumbai's western corridor, is undergoing a structural transformation driven by redevelopment activity, infrastructure expansion and the entry of large developers. Over the past few years, several branded developers have launched high-rise residential projects, introducing larger gated communities and premium housing formats to the suburb. Improved connectivity through Metro Line 2A and other planned infrastructure projects has strengthened its accessibility across the Mumbai Metropolitan Region. At the same time, large-scale redevelopment of ageing housing societies is changing the built environment and adding new housing supply. Rising homebuyer demand, supported by established social infrastructure and a strong end-user base, is gradually positioning Borivali as one of Mumbai's emerging premium residential micro-markets.Read more
21 Mar 2026
Cement stocks moved higher in the past week as expectations grew that companies may increase prices to pass on rising input costs, mainly fuel and energy. This has improved sentiment after a period of weak pricing power and margin pressure. Brokerages believe price hikes could support profitability in the near term. The sector has been impacted by high costs and competitive intensity, but consolidation and steady demand from infrastructure and real estate are offering support. The recent rally reflects cautious optimism around margin recovery and better pricing discipline.Read more
21 Mar 2026
The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed an agreement for sale with XLRI Xavier School of Management to establish a new campus in Amaravati. The institute plans to develop the campus on a 61.7-acre land parcel with an estimated investment of around INR 300 crore. In its first phase, the campus will accommodate about 1,000 students and offer executive education programmes for around 200 professionals. The project is expected to strengthen Amaravati's education ecosystem and support the state government's plan to position the capital region as a hub for reputed national and international educational institutions.Read more
20 Mar 2026
The 14.6 km Chennai Metro stretch between Poonamallee Bypass and Vadapalani is now expected to open only after state assembly elections, due to restrictions under the model code of conduct and the desire for a full ceremonial launch. Conditional safety approvals have been granted, but final deck slab installations, signalling system adjustments, and incomplete stations remain. Initial services will operate on a limited schedule with selective station stops, gradually expanding as remaining stations and infrastructure are ready, providing much needed connectivity for west and central Chennai commuters.Read more
20 Mar 2026
Powerica Ltd, a provider of integrated power solutions, is launching a Rs 1,100 crore initial public offering, combining a fresh share issue of Rs 700 crore with an offer for sale of Rs 300 crore by promoters. The IPO, priced at Rs 375-395 per share and valuing the company at around Rs 5,000 crore, will primarily fund debt reduction. Bidding for anchor investors will occur before the public subscription opens, with the stock expected to debut in early April. The company has seen revenue growth, though net profit has declined recently.Read more
20 Mar 2026
Operations at the New Delhi airport were affected after dust storms and heavy rain led to weather disruptions during the evening this week. As a result, around 22 incoming flights were diverted to alternate airports, according to an official statement. The situation prompted the India Meteorological Department to issue an orange alert for the city, indicating significant weather activity. The Indira Gandhi International Airport, which handles over 1,300 flight movements daily, experienced temporary operational impact due to reduced visibility and adverse flying conditions.Read more
20 Mar 2026
The Delhi government has cleared a set of road infrastructure projects aimed at improving connectivity and easing congestion across key stretches of the city. The plan includes the Barapullah Phase-III extension linking Mayur Vihar and Sarai Kale Khan, and a six-lane elevated corridor along Mehrauli-Badarpur Road. These projects are expected to enable signal-free movement, reduce travel time, and ease pressure on existing roads. The initiative is part of a broader strategy to strengthen urban mobility, building on earlier proposals for road expansion, underpasses, and better connectivity across high-traffic zones.Read more
20 Mar 2026
Cube Highways Trust has filed draft documents with the Securities and Exchange Board of India (Sebi) to raise up to INR 5,000 crore through an initial public offering, marking its transition from a privately listed infrastructure investment trust to a publicly listed InvIT. The issue will be entirely an offer-for-sale by existing investors, including Cube Highways and Infrastructure entities and institutional stakeholders. The InvIT, which manages 27 road assets across 12 states and one union territory, reported assets under management of INR 36,520 crore as of September 2025. Ahead of the listing, the trust plans to acquire four additional highway and tunnel assets, expanding its portfolio to 31 assets. The move is expected to broaden its investor base and improve liquidity access.Read more
Advertisement
