23 Mar 2026

India will need an estimated USD 2.2 trillion investment in its power sector over the next two decades to support capacity expansion, grid modernisation, and energy transition efforts, according to Union Power Secretary Pankaj Agarwal. Speaking at the Bharat Electricity Summit 2026, the official outlined the country's targets of achieving 500 GW of renewable energy capacity by 2030 and adding 97 GW of coal-based thermal capacity by 2034-35. The sector has seen rapid growth, with total installed capacity crossing 520 GW and peak demand deficits declining sharply. Policymakers emphasised the need for regulatory reforms, market redesign, and flexible energy systems to manage rising renewable integration, alongside initiatives such as PM-Kusum and PM Surya Ghar Muft Bijli Yojana.Read more

23 Mar 2026

India has urged global investors to participate in its power and energy sector, highlighting opportunities in manufacturing, renewable energy, and infrastructure development. A written message from Prime Minister Narendra Modi, read out at a recent energy summit, emphasized collaboration under the make in India, innovate in India, invest in India, and scale with India approach. The country's progress in non-fossil fuel capacity, along with policy reforms and initiatives like nuclear energy expansion and distributed solar adoption, was presented as evidence of a growing, investment-friendly energy ecosystem aligned with long-term development goals.Read more

23 Mar 2026

The Andhra Pradesh government has introduced a 50% waiver on interest for pending property tax dues to encourage faster recovery and provide relief to taxpayers. The scheme applies to residential properties and vacant lands across urban local bodies, provided dues are cleared before March 31, 2026. Taxpayers must pay the full principal amount along with half of the interest to avail the benefit. The move follows similar past initiatives that helped improve collections, with authorities expecting better compliance and a reduction in long-pending arrears through this limited-time relief.Read more

23 Mar 2026

The Telangana government is set to roll out the second phase of the Indiramma Housing Scheme from April, aiming to expand housing support to more eligible families. The move follows steady progress in the first phase, where around 4 lakh houses were sanctioned and a large number are under construction. The next phase will focus on pending applicants and urban housing needs, while ensuring stricter verification and transparency. The scheme is part of the state's larger plan to provide permanent housing to nearly 20 lakh families over time.Read more

Hyderabad News Desk

23 Mar 2026

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has secured around 11 acres of government and public-use land in Hyderabad, valued at nearly INR 1,650 crore, following multiple encroachment complaints. The land parcels are located in Kondapur and Pragathi Nagar and were originally reserved for civic amenities such as a public park, cremation ground, and dumping yard. Authorities removed temporary structures, verified land ownership records, and fenced the areas to prevent further misuse. The action is part of ongoing efforts to protect public land and ensure proper urban planning.Read more

22 Mar 2026

India's housing market continues to demonstrate stability despite ongoing geopolitical tensions in West Asia involving the United States, Iran, and Israel, which have contributed to rising crude oil prices globally. As India remains heavily dependent on oil imports, elevated energy costs may create short-term pressure on construction and household budgets. However, industry stakeholders indicate that such impacts are gradual and manageable, with developers adapting through cost optimisation and pricing strategies. Demand is expected to remain steady, supported by end-user focus on quality housing and favourable long-term fundamentals including urbanisation, infrastructure expansion, and policy reforms.Read more

22 Mar 2026

Hyderabad's premium residential market witnessed a significant rise in supply during 2025, with 29,187 new units added in the INR 2-5 crore segment, marking a 52% increase over the previous year, according to a report by Nklusive. North West Hyderabad accounted for the majority of supply, while average saleable prices increased 7% year-on-year to INR 7,850 per sq ft. Demand remained driven by larger home configurations, lifestyle-oriented developments, and proximity to employment hubs such as HITEC City, Gachibowli, and the Financial District. Despite a marginal moderation in absorption due to increased supply, the market continues to see sustained buyer interest from both end-users and investors, supported by infrastructure expansion and the growth of key residential corridors across the city.Read more

22 Mar 2026

India's Grade A office market is expected to maintain strong momentum in 2026, with leasing demand projected at 70-75 million sq ft and new supply estimated at 60-65 million sq ft, according to a report by Colliers. Expansion of Global Capability Centres (GCCs), rising adoption of flexible workspaces, and increasing institutional investment through REIT structures are identified as key drivers of growth. GCC occupiers are expected to account for 30-35 million sq ft of leasing, representing nearly 40-50% of demand, while flex space operators may lease 15-18 million sq ft. Major office markets including Bengaluru, Hyderabad, and Delhi NCR are likely to lead both demand and supply activity, supported by technology-driven occupiers and expanding talent corridors.Read more

22 Mar 2026

Maharashtra's registration and stamps department has achieved nearly 90% of its annual revenue target, supported by steady property registrations across the state. Collections have crossed around INR 56,000 crore against a target of INR 63,500 crore, with total registered documents already matching last year's full-year numbers. Monthly registrations have remained consistent, with a noticeable rise in recent months. Strong housing demand in key cities and increasing adoption of digital registration services have helped sustain this momentum, while industry stakeholders continue to seek stability in ready reckoner rates.Read more

22 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has executed a lease agreement with NTPC Limited for setting up a facility in Amaravati. The agreement was signed by Jubin Cheeran Roy, Joint Director (Estates), APCRDA, and Kundaram Pawan Kumar, authorised signatory for NTPC Limited. The move is expected to support institutional and infrastructure growth in the capital region. Amaravati is being planned as a hub for key government institutions and organisations. The entry of a central public sector enterprise such as NTPC is likely to add credibility to the city's development plans and strengthen long-term infrastructure and energy-related initiatives in the region.Read more