Kochi News Desk

18 Mar 2026

The Kerala State Housing Board has moved forward with the Marine Eco City project planned along Kochi's Marine Drive, appointing NBCC (India) Limited as the project management consultant for the first phase of the development. The initial phase, estimated to cost about INR 480 crore, will include a mixed-use residential and commercial tower on a 3.16-acre site within a larger 17.9-acre waterfront project area. The development will feature residential apartments, retail spaces, office floors and recreational facilities. The larger multi-phase project will also include hospitality infrastructure, convention facilities and additional residential towers.Read more

18 Mar 2026

Bajel Projects has secured an INR 700 crore contract from MSETCL to establish a 400/220 kV air-insulated switchgear substation at Saswad, Pune, along with connecting transmission lines. As part of the Bajaj Group, the company has long been active in power infrastructure, handling high-voltage transmission projects across India. This project aligns with Maharashtra's efforts to modernize its power grid and enhance electricity supply in both urban and rural areas. Analysts view such government-backed orders as crucial for EPC firms to expand their portfolios and demonstrate technical expertise.Read more

17 Mar 2026

Clean energy company ReNew Green Energy Solutions has raised USD 95 million (around INR 878 crore) in equity from a consortium led by LeapFrog Investments. The funds will support the expansion of its commercial and industrial (C&I) renewable energy platform. LeapFrog has committed USD 50 million directly, with the rest coming from co-investors Emerging Market Climate Action Fund and Carlyle AlpInvest. ReNew's portfolio includes 2.5 GW capacity, over 2 GW of which is commissioned, with 1.3 GW under long-term agreements with global companies like Microsoft, Amazon, and Google.Read more

17 Mar 2026

Stoneweg Europe Stapled Trust has acquired a freehold temperature-controlled logistics facility in the Netherlands for EUR 35 million through its manager, Stoneweg EREIT Management. The acquisition strengthens the trust�s logistics and cold-chain portfolio in Europe, where demand for specialised storage linked to food, pharmaceuticals and e-commerce continues to grow. Temperature-controlled logistics assets are considered a resilient segment due to stable tenant demand and long-term lease structures. The deal forms part of the trust�s broader strategy to expand its European logistics platform and enhance income-generating assets within its portfolio.Read more

17 Mar 2026

The National Real Estate Development Council (NAREDCO) has joined hands with realty platform Magicbricks to enhance research, market intelligence, and policy discussions within the Indian real estate sector. The one-year partnership will position Magicbricks as NAREDCO's knowledge and official broadcast partner, providing research reports, monthly co-branded newsletters, and insights through MBTV. With the real estate industry moving towards greater transparency and structured frameworks, the collaboration aims to support developers, investors, and consumers by delivering accurate, timely data and digital reach, helping them make informed decisions in a complex market.Read more

17 Mar 2026

The Supreme Court has given the Noida Authority a final opportunity to comply with its earlier directions related to the long-stalled Sports City project in Sector 150, Noida. The court stressed that the authority must implement the framework already laid down to revive the development. The project, which was planned as an integrated township with sports infrastructure and residential units, had been halted after regulatory action over policy violations. The delays have affected thousands of homebuyers. The latest order indicates that the court expects authorities to move forward with approvals and ensure that the revival process is implemented.Read more

17 Mar 2026

Enterprise technology infrastructure provider Aurionpro Solutions has secured a multi-year contract valued at nearly INR 350 crore from a hyperscale operator to develop a large data centre facility in southern India. The project involves the creation of an artificial intelligence-ready green data centre designed to support high-density computing workloads and next-generation digital infrastructure requirements. Under the contract, the company will undertake the design, detailed engineering and full execution of mechanical, electrical and plumbing (MEP) works. The project commenced earlier this month and is expected to be completed over the next six to seven quarters. The contract comes amid rapid expansion in India's data centre sector, where capacity reached approximately 1.5 gigawatts in 2025 and is projected to grow to around 2 gigawatts by the end of 2026.Read more

17 Mar 2026

The State Government is enhancing emergency services in Amaravati by constructing fire stations at key locations. A new station will be established on a 50-cent site at Nelapadu within the Amaravati Government Complex, home to major administrative offices. Director General of Fire Services P. V. Ramana laid the foundation stone, with construction managed by the AP Police Housing Corporation at a cost of INR 1.28 crore. The project is set for completion by November 2026, reflecting the government's commitment to strengthening fire safety infrastructure.Read more

17 Mar 2026

The Jammu and Kashmir government is planning to develop future-ready IT Parks across the Union Territory in phases, starting with an Innovation and Research Park at the IIT Jammu campus on the outskirts of Jammu city. The project received momentum after the institute's Board of Governors approved the Detailed Project Report earlier this year and the UT administration granted in-principle approval for collaboration. The plan includes upgrading existing space at the campus, constructing new infrastructure by 2028, and expanding the park outside the campus later to encourage greater industry participation, innovation, and employment generation.Read more

17 Mar 2026

Electricity demand from India's expanding data centre sector is projected to reach 13.56 gigawatts (GW) by 2031-32, according to information provided by the Ministry of Electronics and Information Technology in Parliament. Responding to a question in the Rajya Sabha, Minister of State for Electronics and IT Jitin Prasada stated that national data centre capacity has grown significantly in recent years, rising from about 375 megawatts (MW) in 2020 to roughly 1,500 MW by 2025. The anticipated surge in power demand reflects the rapid growth of artificial intelligence infrastructure and large-scale data processing facilities across the country. The government indicated that this rising energy requirement is already being factored into national power planning, while initiatives under the AI compute capacity framework are also expanding access to computing resources for startups, researchers and academic institutions.Read more

Gurugram News Desk

17 Mar 2026

The Department of Town and Country Planning (DTCP), Gurugram, carried out a demolition drive targeting several illegal colonies and unauthorised structures across multiple locations in the city as part of its enforcement action against unapproved real estate developments. During the operation conducted in the past week, officials demolished colonies and early-stage construction works in areas including Sadhrana village, Bhondsi and Sector 89. Structures removed during the drive included damp-proof course foundations, boundary walls, partially constructed buildings and internal road networks created to support illegal plotting activities. The enforcement action, supported by local police, is aimed at preventing unauthorised colonies being carved out on agricultural land without planning approval and curbing misleading plot sales to unsuspecting buyers. Authorities said such colonies typically lack civic infrastructure and violate planning regulations, and warned that strict action will continue against illegal development activities in Gurugram.Read more

17 Mar 2026

GMR Airports Ltd has secured the concession to upgrade, modernise and operate Cargo Terminal 1 at Indira Gandhi International Airport in New Delhi following a competitive bidding process conducted by Delhi International Airport Ltd (DIAL). The development comes nearly ten months after DIAL terminated its cargo concession agreement with Turkish firm Celebi under directions from the civil aviation ministry. According to a regulatory filing, the project will be implemented under a revenue-share arrangement with DIAL and will run until 2036. The company estimated a revenue share payment of around INR 340 crore to DIAL during the first full year of operations. GMR Airports had been handling cargo terminal operations on an interim basis since the termination of the earlier concession agreement, ensuring continuity of services at the country's busiest airport.Read more

17 Mar 2026

Shipwaves Online has secured a logistics digitalisation order worth INR 15.6 million from Hindalco Industries. The contract involves implementing digital solutions aimed at improving logistics management and operational efficiency within Hindalco's supply chain. The move highlights the growing adoption of technology-driven systems by large manufacturing companies to streamline freight tracking, documentation, and logistics coordination. Hindalco, one of India's major metals producers and part of the Aditya Birla Group, has been increasingly focusing on digital transformation across its operations. The project is expected to support more transparent and efficient logistics processes within the company's supply network.Read more

17 Mar 2026

The Telangana government has initiated plans to develop ring roads around major district headquarters as part of a broader strategy to improve road connectivity and reduce congestion within urban centres. Chief Minister A. Revanth Reddy directed officials from the Roads and Buildings Department to prepare feasibility studies and detailed plans for the proposed corridors during a recent review meeting on road infrastructure. The proposed ring roads are intended to link district headquarters with nearby national and state highways while diverting through-traffic away from city cores. Officials have been asked to examine existing road alignments that could be integrated into the ring road network and prepare comprehensive proposals under the state's long-term road sector development strategy. The initiative forms part of Telangana's wider efforts to strengthen inter-district connectivity and support economic activity through improved transport infrastructure.Read more

17 Mar 2026

Gera Developments has appointed Rajesh Yashwant Shirwatkar as its new Chief Financial Officer to strengthen the company's financial leadership as it expands its real estate operations. Shirwatkar will oversee financial planning, strategy, treasury, compliance, and governance. At the same time, Swapan Mukherjee has been elevated to the position of Group Chief Financial Officer and will supervise financial operations across the broader organisation. The leadership changes are aimed at strengthening the company's financial structure and improving oversight as the Pune-based developer continues to scale its residential development portfolio.Read more

17 Mar 2026

Several flyovers across Delhi are showing visible signs of structural deterioration, including cracks on road surfaces, potholes, damaged expansion joints and general wear caused by ageing infrastructure and heavy traffic loads. Authorities have identified at least 17 flyovers across the capital that require repair and maintenance to address safety concerns. Many of these elevated structures were built more than two decades ago as rapid interventions to ease congestion at key intersections and corridors. Over time, increased traffic volumes, delayed maintenance and ageing construction components have contributed to their current condition. Engineers and officials have indicated that repairs, inspections and structural audits will be required to maintain commuter safety and ensure the continued functioning of these transport links, which carry a substantial share of the city's daily vehicular movement.Read more

Indore News Desk

17 Mar 2026

The Indore Municipal Corporation is implementing an INR 416 crore river rejuvenation project to prevent untreated sewage from entering the Kanh river, a tributary that ultimately feeds into the Kshipra river in Ujjain. The initiative is being undertaken under the Namami Gange programme to ensure improved water quality ahead of the Simhastha Kumbh Mela scheduled in 2028, which is expected to draw millions of pilgrims. The project includes the construction of three sewage treatment plants, installation of new sewer networks using trenchless technology, and monitoring infrastructure to manage wastewater flows across the city. Civic authorities are accelerating construction and have directed contractors to increase labour and machinery deployment where progress has lagged. The project is intended to stop polluted discharge from Indore's waterways so that cleaner water flows into the Kshipra during the large-scale religious gathering.Read more

17 Mar 2026

A quarterly meeting of the Grievance Redressal Committee (GRC) was recently conducted at the headquarters of Andhra Pradesh Capital Region Development Authority in Rayapudi to review complaints and operational issues related to ongoing development works in the capital region. The meeting was chaired by Deputy Collector and Grievance Redressal Mechanism nodal officer P. Jayashree and attended by grievance officers and member secretaries from various committees. Discussions focused on labour welfare, wage-related complaints, safety awareness for residents and students, and compliance with traffic and operational guidelines at project sites across Amaravati.Read more

16 Mar 2026

The Vijayawada Municipal Corporation (VMC) has approved a proposal to establish electric vehicle (EV) charging stations at major road junctions, municipal parking spaces and other high-footfall locations across the city. The decision was taken during a recent municipal council meeting chaired by Mayor Rayana Bhagya Lakshmi, with civic officials stating that the initiative aims to support the growing adoption of electric mobility in Vijayawada. The project will identify suitable locations across the city where EV charging infrastructure can be installed to serve private vehicle owners, commercial fleets and public transport users. Authorities indicated that the rollout will align with national and state programmes promoting electric mobility, including the Smart Cities Mission, AMRUT and the FAME India scheme. The initiative is intended to strengthen urban charging infrastructure and facilitate wider EV adoption within the city's transport network.Read more

Chennai News Desk

16 Mar 2026

Chennai has introduced a premium low-floor electric air-conditioned bus service operated by the Metropolitan Transport Corporation (MTC), marking a new category of reserved-seat urban public transport in the city. The service, launched in the past week by Tamil Nadu's Transport and Electricity Minister S. S. Sivasankar, begins operations with electric buses running on two major routes linking key transport nodes and the IT corridor. Initial services include Route P91 connecting Kalaignar Centenary Bus Terminus, Kilambakkam, with Thiruvanmiyur, and Route P570S between Koyambedu's Chennai Mofussil Bus Terminus and Siruseri IT Park. The premium buses require advance seat reservations through a mobile application and do not permit standing passengers. Authorities stated that the initiative aims to offer a more comfortable and predictable commuting option while encouraging a shift from private vehicles to cleaner public transport modes.Read more