28 Jan 2026

Mumbai-based real estate developer Arkade Developers has unveiled plans to launch five new residential projects across the Mumbai Metropolitan Region (MMR) in calendar year 2026, with a combined gross revenue potential exceeding INR 3,700 crore, according to the company's announcement. The projects are expected to span key micro-markets including Goregaon, Thane, Borivali, Malad and Santacruz and will be backed by an investment of around INR 2,500 crore. Arkade said the broader real estate market outlook remains positive amid a softening interest rate environment and improving homebuyer sentiment. In addition to the five planned launches, the developer also noted ongoing execution momentum, with two additional occupation certificates targeted in the current quarter. The projected launches reflect the company's focus on premium residential developments and its continued expansion across Mumbai's core and suburban corridors.Read more

27 Jan 2026

Trident Realty has announced plans to invest around INR 1,200 crore to develop a large-scale integrated township in Panipat, Haryana, as part of its ongoing expansion strategy. The 125-acre project, branded as Trident Parktown, will offer a mix of residential plots, independent floors, group housing and commercial spaces, targeting end-users and investors in the region. The Gurugram-based developer has already launched the first phase of the township, introducing more than 400 residential plots with sizes starting from 200 sq yd. The company cited strong demand for plotted developments in Panipat as a key driver for the project. With this development, Trident Realty aims to strengthen its footprint beyond major metros by tapping into high-growth regional markets.Read more

27 Jan 2026

Real estate developer Elan Group has awarded an INR 840 crore construction contract to Tata Projects for its newly launched luxury residential development in Gurugram. The contract covers construction works for Elan The Statement a high-end housing project located in Sector 49. Spread across six acres, the development will comprise 230 apartments, with Elan Group committing a total investment of around INR 1,600 crore for the project. The developer stated that the appointment of Tata Projects reflects its focus on engineering expertise, execution capability and delivery reliability for large-scale residential developments. With this project, Elan Group aims to strengthen its presence in Gurugram's premium housing segment, while Tata Projects adds another significant residential assignment to its portfolio in the National Capital Region.Read more

27 Jan 2026

DLF Ltd has announced plans to launch its first senior living housing project in Gurugram during the current quarter, marking its entry into the senior housing segment. The project is expected to have an estimated revenue potential of around INR 2,000 crore and forms part of the company's broader residential expansion strategy. Management remains confident about housing demand in Gurugram, particularly for established developers, and has reiterated its pre-sales guidance of INR 20,000-22,000 crore for the ongoing financial year. The company attributed muted sales in the December quarter to the temporary pause in bookings at its ultra-luxury project, The Dahlias, and the absence of new launches. With sales at The Dahlias resuming and multiple launches planned across key markets, DLF expects momentum to improve over the coming quarters.Read more

27 Jan 2026

Embassy Developments Ltd is expecting a sharp rise in residential sales bookings during the current financial year, driven by strong housing demand and fresh project launches in the Mumbai Metropolitan Region. The company's management has indicated that bookings could increase to around INR 5,000 crore, nearly two-and-a-half times the level recorded last year. Momentum has picked up following the takeover of Indiabulls Real Estate, with sales already crossing INR 2,000 crore in the first nine months of the fiscal. New luxury launches in Mumbai and sustained sales in existing projects are expected to support growth. The developer is also investing heavily in completing legacy projects while expanding its footprint in premium residential markets.Read more

26 Jan 2026

Fujiyama Power Systems has commissioned a 1 GW solar cell manufacturing plant at Dadri, Uttar Pradesh, with an investment of INR 300 crore, strengthening its domestic manufacturing capabilities. The new facility supports the company's backward integration strategy by bringing solar cell production in-house, reducing dependence on imports and improving supply stability. The entire capacity will be used for captive consumption to support Fujiyama's solar panel operations, taking its total panel manufacturing capacity to 1.6 GW. Completed within six months, the plant will produce mono PERC DCR solar cells that comply with India's domestic content requirement (DCR) norms, enabling participation in government-backed solar programmes and reinforcing the push for local manufacturing in the renewable energy sector.Read more

26 Jan 2026

Concord Control Systems Ltd, through its wholly owned subsidiary Advance Rail Controls Pvt Ltd, has secured a contract worth approximately INR 47 crore from NTPC Limited to develop a green hydrogen hybrid locomotive propulsion system. The order involves supplying equipment for a 3,100 horsepower hydrogen-fuelled locomotive that will be retrofitted for operations at NTPC's Sipat facility in Chhattisgarh, and is expected to be completed within about 18 months. This marks a significant step in sustainable rail mobility and aligns with efforts to decarbonise heavy-duty rail transport. The high-horsepower conversion places India at the forefront of global hydrogen rail innovation, far surpassing earlier benchmarks, and supports broader goals to adopt cleaner fuels and reduce carbon emissions in the transport sector.Read more

Mumbai News Desk

25 Jan 2026

Parle Products has received partial environmental clearance to demolish its historic factory in Vile Parle East, Mumbai, and redevelop the site into a commercial complex. The clearance allows dismantling 21 existing structures and constructing four main buildings with two parking towers, covering a total built-up area of around 1,90,360 sq m. The project includes shops, restaurants, and offices, with tree retention, transplantation, and a Miyawaki-style plantation for greenery. The factory had ceased biscuit production nearly a decade ago but remained a local landmark for nearly nine decades.Read more

Lucknow News Desk

25 Jan 2026

The Lucknow Development Authority (LDA) held the third phase of its Anant Nagar Housing Scheme lottery at Indira Gandhi Pratishthan, with 7,429 applications submitted for 637 plots. The draw included five plot sizes in Akash Khand and Adarsh Khand, highlighting steady demand from homebuyers and investors. The scheme is part of LDA's planned township project spanning 800 acres, offering residential plots near key city infrastructure. Earlier phases also recorded high participation. The lottery system ensures transparent allotment and reflects growing interest in organized residential development in Lucknow.Read more

25 Jan 2026

Ceigall India Limited, in a joint venture with SAM India Builtwell Pvt Ltd, has emerged as the lowest bidder for a major Jaipur Metro Phase II civil contract worth approximately INR 918.04 crore. The contract, awarded by Jaipur Metro Rail Corporation Ltd, is for the design and construction of a 10.8-kilometre elevated viaduct and ten elevated metro stations under the Phase II Mass Rapid Transit System (MRTS). The project, excluding architectural finishing, covers a stretch of the corridor from chainage 600 metres to 11,400 metres and includes a spur line towards the depot. Scheduled for completion within 34 months, this contract represents a significant step forward in expanding urban rail infrastructure in Jaipur and supports broader efforts to improve city-wide mobility and connectivity.Read more