30 Nov 2025

Rakesh Roshan and his wife Pramila 'Pinkie' Roshan have expanded their commercial property portfolio in Mumbai with the purchase of five office units in Andheri East for a total of INR 19.68 crore. All units, located in the Vaidya West World One Aeropolis building, were registered earlier this week. Together, they span over 7,500 sq ft of carpet area and include ten parking slots. Two offices were bought under Rakesh Roshan's name, while three were registered to Pramila Roshan. The couple paid more than INR 1.18 crore in stamp duty. This follows other recent acquisitions in the same business district, signalling sustained long-term interest.Read more

30 Nov 2025

UAE-based DAMAC Group has launched a Global Capability Centre (GCC) in Noida through its new shared-services arm, DAMAC Shared Services India (DSSI), to support its global operations. The Noida centre occupies about 22,622 sq ft of leased office space and will host over 250 employees. The company is also planning a second GCC in Pune, expected to be operational by 2026 with more than 100 staff. The twin hubs will handle essential business functions like finance, HR, operations, digital and commercial work, reflecting DAMAC's ambition to centralise global services in India.Read more

29 Nov 2025

The Lucknow Development Authority (LDA) is preparing to introduce its large-scale IT City housing township along Sultanpur Road by early 2026, designed to accommodate close to one lakh residents. The township spans roughly 2,660 acres and is being developed under a land-pooling model that returns 25% developed land to donors through a lottery system. With nearly 10,000 plots planned, along with a 200-acre green belt, a 15-acre water body and a new approach road linking the site to Kisan Path, the project aims to establish a self-sustaining, mixed-use urban zone.Read more

29 Nov 2025

CIDCO has unveiled a housing scheme offering 4,508 ready-to-move homes across Navi Mumbai's Taloja, Dronagiri, Ghansoli, Kharghar, and Kalamboli nodes. The scheme operates on a first-come, first-served basis, allowing applicants to directly choose their preferred units. Among the tenements, 1,115 are allocated for the Economically Weaker Section (EWS) under PMAY with a subsidy of INR 2.5 lakh, while 3,393 are for the Low Income Group (LIG). Online registration has begun, and successful applicants can start selecting flats later this month, with immediate possession upon payment and document verification.Read more

28 Nov 2025

Haryana is preparing to welcome Tesla's first electric vehicle manufacturing plant in India, alongside other related units. The state government, led by Chief Minister Shri Nayab Singh Saini, has been actively working to strengthen the business ecosystem through policies that reduce costs and simplify regulations. With initiatives like a special industrial leasing policy, local supply chain enhancement, AI and deep-tech hubs, and dedicated departments for MSMEs and future technologies, Haryana has emerged as a key industrial and investment hub, contributing significantly to national GDP and employment growth.Read more

28 Nov 2025

Umiya Buildcon Limited announced earlier this week that it had acquired a 20,000 sq. ft. super-prime parcel off Cunningham Cross Road in Bengaluru's Central Business District to develop an ultra-luxury, design-led boutique residential project. With a planned built-up area of about 55,600 sq. ft., the project reinforces the company's strategy of focusing on limited-inventory, high-value homes in tightly held micro-markets. The acquisition adds to Umiya's growing premium real estate portfolio, which also includes its ongoing development in Candolim, Goa, one of the most centrally located and in-demand coastal destinations.Read more

28 Nov 2025

Engineers India Limited (EIL) has entered into a new agreement with the Dangote Group to act as the Project Management Consultant and EPCM consultant for the second train of the Dangote Refinery. This follows EIL's earlier work on the first 6,50,000 bpd train, which was commissioned last year and is recognised as one of the world's largest single-train refinery units. The upcoming expansion will increase the facility's refining capacity to 1.4 million bpd by 2028 and will include a new PDH unit to significantly scale up polypropylene output, supporting Africa's fuel and petrochemical requirements.Read more

28 Nov 2025

Ashiana Housing Ltd has announced an investment plan of about INR 750 crore for its new residential project in Gurugram. The project, named Ashiana Aaroham, covers 10.8 acres in Sector 80 and will include 542 units. The company has allocated around INR 250 crore for the first phase, which will release 182 units priced between INR 2.99 crore and INR 4.19 crore. The development has been described as child-centric by the company's leadership. Ashiana Housing, headquartered in Delhi, has delivered more than 23 million square feet of real estate across eight Indian cities.Read more

28 Nov 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has floated a tender of INR 36 crore to restart the pending section of the Thakurli elevated flyover in Dombivli, which has been stalled for nearly seven years. The remaining stretch between Thakurli Railway Phatak and Mahsoba Chowk is expected to improve traffic movement between Kalyan and Dombivli. The delay was mainly due to compensation challenges involving around 60 affected homes. With these issues recently resolved, authorities plan to move ahead with the project, which earlier saw partial completion in 2018.Read more

27 Nov 2025

Schneider Electric has joined hands with VIT to establish a Centre of Excellence in Smart City and Smart Factory Technologies at the VIT Vellore campus. The centre will focus on research, innovation, and skill development in areas vital to India's digital and sustainable growth. The first batch will have 1,100 students, with plans to expand in the future. The initiative reflects Schneider Electric's commitment to nurturing talent and fostering practical learning, enabling students to work with technologies shaping modern industries and the smart cities of tomorrow.Read more