05 Dec 2025

Knauf India has expanded its manufacturing capacity at its Khushkhera facility by inaugurating a new Metal Line, effectively doubling the plant's overall output. The development reflects the company's broader strategy to enhance domestic production and support the rising demand for drywall and ceiling solutions in India. To mark the milestone, Knauf organised a Dealer Engagement Day, featuring a plant tour, technical showcases, sustainability activities and engagement events. The company emphasised that the new line incorporates advanced technologies aimed at improving accuracy, reducing waste and ensuring consistent product quality.Read more

05 Dec 2025

Smartworks Coworking Spaces Ltd has leased around 1.68 lakh sq ft of office space in Kolkata to a global IT services company, marking another large enterprise deal for the recently listed workspace operator. The new office spans Smartworks' Victoria Park and Mediasiti campuses in Salt Lake City, Sector V, reinforcing growing demand for managed workspace solutions among major corporates.Read more

05 Dec 2025

The Andhra Pradesh government has cleared the allotment of 480 acres in Visakhapatnam and Anakapalli to Adani Infra (India) Pvt. Ltd., a notified partner of Raiden Infotech India, a Google company. The land will be used to build 1 GW AI data centres, among the largest in the country. Raiden is investing over INR 87,500 crore in the state and will receive INR 22,000 crore in incentives, with benefits also sought for its partner firms. The centres will follow global Google standards and require massive power, equal to about half of Mumbai's annual usage. Chief Minister N. Chandrababu Naidu said Google's India investment commitment has risen to USD 15 billion.Read more

05 Dec 2025

Piramal Realty has completed Phase 1 of Piramal Revanta, its 12-acre residential project in Mulund, after Tower 4 received its Occupation Certificate. All four towers in the phase are now delivered, with over 1,100 homes handed over. The developer has also opened Club RASA, a 20,000 sq. ft. wellness and community hub, along with amenities such as a pool, landscaped courts, an amphitheatre and play areas. Attention now shifts to Phase 2 (Vana), which includes Towers 5 and 6 and a second clubhouse, Club RAHA. Located beside Sanjay Gandhi National Park, Piramal Revanta offers strong connectivity and reflects the company's focus on thoughtful, community-driven design.Read more

05 Dec 2025

Migsun Group is set to invest INR 250 crore in a new commercial project along the Yamuna Expressway, comprising retail and office spaces. The corridor, connecting Noida and Greater Noida with Agra, has become a notable growth area due to rising industrial activity, improving infrastructure, and the upcoming Noida International Airport. The company has previously delivered over 40 projects in the Delhi-NCR region. This move reflects Migsun's strategic focus on high-potential commercial hubs and its aim to capitalize on evolving business and real estate opportunities along the expressway.Read more

04 Dec 2025

Mahindra Lifespaces has been selected to redevelop a residential cluster in Matunga (West), Mumbai. The project covers nearly 1.53 acres and carries a gross development value of about INR 1,010 crore. It will replace the old housing structures with upgraded homes, improved infrastructure and modern community amenities. The redevelopment also aligns with the company's plan to scale its Mumbai Metropolitan Region portfolio, as it aims to increase new launches and redevelopment work over the next few years. The project reflects the wider demand for society-redevelopment in Mumbai's older localities.Read more

04 Dec 2025

Sikka Group has entered into a co-development agreement with Birla Estates to develop a housing project in Greater Noida, valued at nearly INR 1,600 crore. The upcoming project, planned on a 5-acre land parcel owned by Sikka Group, will see Birla Estates investing around INR 500 crore. The partnership comes at a time when the Greater Noida Development Authority has been permitting co-developers to revive delayed real estate ventures. The collaboration aims to enhance financial strength, credibility and execution capacity for the long-pending development.Read more

04 Dec 2025

DDA recorded close to INR 1,500 crore in its recent e-auction of 81 plots across residential, commercial, industrial, institutional and group-housing categories, more than doubling the overall reserve price. The highest jump came from industrial plots, followed by strong traction in group-housing plots in Dwarka. Officials linked the response to recent policy changes that reduced reserve-price multipliers and made participation easier, along with improving connectivity and public amenities in key areas. The auction reflects rising interest in Delhi land parcels following these reforms.Read more

03 Dec 2025

Adani Enterprises Ltd confirmed earlier this week that it had finalised the INR 231.34 crore acquisition of Trade Castle Tech Park Pvt Ltd through its joint venture, AdaniConneX. The deal, initiated in the past week through a share purchase agreement with the company's existing stakeholders, gives AdaniConneX full ownership of an entity holding substantial land parcels and key infrastructure licences. Although the acquired firm has yet to begin commercial operations, the JV expects the assets to accelerate its national data centre expansion plans, particularly in line with its long-term 1 GW capacity strategy.Read more

03 Dec 2025

91Springboard has strengthened its South India footprint by launching new hubs in Bengaluru and Chennai, adding over 1 lakh sq. ft. of flexible workspace and around 2,500 seats. The company now operates 13 hubs across the region and plans to add another 1.5 lakh sq. ft. by FY 2025-26. The expansion follows strong demand and the successful opening of its first Chennai centre earlier this year. The new hubs, set to open by early 2026, are located in premium, well-connected business parks with modern amenities. CEO Anshu Sarin said the company remains focused on delivering flexible, customer-centric workspaces as flexible offices continue to gain prominence in South India.Read more