24 Nov 2025

Sadbhavna Vruddhashram, the Rajkot-based institution known as the world's largest free old-age home, announced two large-scale initiatives during a Mumbai press interaction earlier this week. The organisation revealed plans to plant 151 crore trees across India and to construct a new seven-tower, 11-storey elderly care complex costing INR 400 crore at Rampar on the Rajkot-Jamnagar Road. Donors, including the London-based Nagrecha-Radia family, contributed INR 108 crore towards the project. Alongside these developments, Pujya Morari Bapu's Ramkatha is currently under way in Ghatkopar to support the charitable mission.Read more

23 Nov 2025

TCS and TPG are joining forces to create HyperVault AI Data Centre, with a combined equity investment of 180 billion INR (USD 2.03 billion). The companies plan to raise additional debt funding of USD 4.5-5 billion. TCS will hold a 51% stake and TPG 49%, supporting India's growing AI data infrastructure. Analysts note the venture aligns with global trends of tech firms partnering with private equity to share risks, while TCS's previous announcement of a USD 7 billion investment in a data centre drew investor skepticism due to limited alignment with its core IT services.Read more

23 Nov 2025

Saif Ali Khan has purchased two adjoining commercial office units in Mumbai's Andheri East for a total of INR 30.75 crore, as shown in recently accessed registration records. The spaces, located in Kanakia Wallstreet, together span 5,681 sq ft and include six parking slots. The seller is Apiore Pharmaceutical, a U.S.-based company. The deal was facilitated by real estate advisory firm Volney. This purchase aligns with the growing preference among high-net-worth individuals for Grade-A commercial assets and adds to Saif's existing real estate holdings across Mumbai.Read more

22 Nov 2025

Designheed Consultants, an architectural and design-execution firm backed by HLK Group's long-standing legacy, has completed more than 60 projects across India since it began operations in 2017. Earlier this week, the company indicated that it is strengthening its design, engineering, and project management capabilities as it works towards surpassing the 100-project mark by next year. Its portfolio spans campuses, corporate workplaces, ports, and institutional facilities, including work for ICSI, IFCI, FDDI, Vishakhapatnam Port Authority, and Jawahar Navodaya Vidyalaya. The firm is also expanding internationally, with assignments underway in the UAE and the US.Read more

22 Nov 2025

Jaguar Land Rover has expanded its Bengaluru footprint by leasing an additional 1.46 lakh sq ft at Brigade Tech Gardens for its Global Capability Centre. Valued at around INR 106 crore, the five-year deal includes a warm-shell rent of INR 65 per sq ft per month and a security deposit of INR 10.10 crore. Notably, the lease features a steep 15% rent escalation every three months. A 67,065 sq ft portion is on a separate fit-out rent of INR 65.95 lakh per month. With this expansion, JLR now occupies about 2.04 lakh sq ft in the tech park, strengthening its long-term presence in the Grade-A Bengaluru campus.Read more

22 Nov 2025

The Brihanmumbai Municipal Corporation (BMC) has issued a tender of about INR 9.64 crore to construct the 325-metre promenade stretch between Lotus Jetty and Baroda Palace. This portion could not be built earlier due to pending CRZ permission, which was granted around five months ago. The project includes an 8-metre-wide walkway, a 2-metre cycle track, landscape elements, tetrapod installation, and access for police and fire services. Once work begins, the construction is expected to take around six months, though administrative delays remain possible.Read more

21 Nov 2025

Godrej Properties has purchased a 75-acre land parcel in Nagpur to develop a residential project focused mainly on plotted housing. With this acquisition, the company crossed its INR 20,000 crore annual new business development target for the current financial year. The upcoming project is expected to offer around 1.7 million sq ft of saleable area and generate an estimated INR 755 crore in revenue. This marks the developer's third land purchase in Nagpur in the last four years. The deal follows another acquisition in South Bengaluru announced a day earlier for a township project.Read more

21 Nov 2025

Godrej Properties has acquired an additional 3.8-acre land parcel in South Bengaluru, increasing its consolidated land bank in the area to nearly 30 acres. The newly added plot unlocks an estimated INR 2,400 crore in incremental revenue potential and around 2 million sq. ft. of extra development capacity. When combined with the 26-acre parcel the company bought in the past few months, the total project revenue potential is expected to reach about INR 3,500 crore with an overall build-up of nearly 3 million sq. ft. The location lies in the active Sarjapur Road micro-market.Read more

21 Nov 2025

SAIL's Rourkela Steel Plant is set for a major expansion, aiming to increase its capacity to 9.8 million tonnes per year. The expansion includes a new 1 MTPA slab caster built at INR 1,100 crore and ongoing construction of a coke oven battery and pellet plant. The project supports critical sectors like defence, oil and gas, and automobiles. Earlier, RSP was India's first public sector steel plant, starting operations in 1959 with German collaboration and an initial 1 MTPA capacity. The expansion aligns with the government's 300 MT national steel target.Read more

21 Nov 2025

Servotech Renewable Power System has been awarded a rooftop solar project worth INR 74 crore under the PM Surya Ghar: Muft Bijli Yojana by NREDCAP. The project involves designing, supplying, installing, and maintaining rooftop solar systems for 5,886 SC and ST households through a utility-led aggregation model, including five years of O&M. The scheme is the world's largest domestic rooftop solar initiative and aims to provide solar power to one crore households by March 2027, marking a significant step in promoting inclusive clean energy across India.Read more