Bharat Petroleum Corporation Ltd (BPCL) and Oil India Ltd have announced plans to jointly set up a greenfield refinery and petrochemical complex in Andhra Pradesh with an investment of about USD 11.38 billion (INR 1 trillion). Oil India is considering a 10-20 % stake in the project, while BPCL is seeking additional partners. The facility will process 180,000-240,000 barrels of crude per day and include a 1.5 million-tonne ethylene cracker. The state government has allotted 6,000 acres of land and granted key approvals, with commercial operations expected by FY 2030.Read more

Experion Developers has appointed Tata Projects as the main contractor for its luxury residential development, 'The Trillion', in Gurugram. The construction deal, valued at over INR 800 crore, forms part of a wider investment estimated at around INR 2,500 crore for the entire 25 lakh sq ft project. The company, a wholly owned subsidiary of Experion Holdings Pte Ltd, Singapore, is part of the AT Capital Group, which has a global footprint spanning real estate, renewable energy, structured credit, and public markets.Read more

US tech major Google has taken up 617,000 sq ft of office space at Atrium Place in Gurugram, a commercial development jointly built by DLF and Hines. The company has not disclosed details about the tenure or value of the lease. This marks one of the largest office leasing deals in the region this year. The move follows Google's earlier 550,000 sq ft lease from Table Spaces in Gurugram and comes at a time when office demand in Delhi-NCR rose by 10% quarter-on-quarter and 56% year-on-year, as per Cushman & Wakefield.Read more

Sobha Ltd is preparing to introduce several new residential and commercial projects across key Indian markets to capitalise on sustained housing demand. The company, which currently holds unsold inventory worth around INR 13,000 crore, recorded significant sales growth in the recent quarter. With a pipeline of nearly 16 million sq ft for future launches and unrecognised revenue exceeding INR 18,000 crore, Sobha aims for strong pre-sales performance in the ongoing fiscal year.Read more

The Municipal Corporation of Delhi (MCD) has approved its fifth construction-and-demolition (C&D) waste-processing plant at Tehkhand, with an initial capacity of 1,000 metric tonnes per day (TPD) and plans to expand to 2,000 TPD. This will raise Delhi's total capacity to around 6,000 TPD, matching its daily generation of C&D waste. The facility will receive waste mainly from the South and Central zones, run on a 25-year concession and must ensure less than 10% of incoming waste ends up in landfill. Alongside, the MCD is setting up 14 new material-recovery facilities and expanding designated dumping sites.Read more

Smartworks Coworking Spaces Ltd has leased more than 500 seats at its Pune centre to Davies Shared Services (India) Pvt Ltd, the Indian subsidiary of UK-based global professional services firm Davies. The company, which recently went public, manages around 12 million sq ft of workspace across 14 Indian cities and Singapore. Smartworks follows a model of leasing large bare-shell properties from landlords and subleasing them to medium and large enterprises. It also recently leased 5.57 lakh sq ft at Intellion Park, Navi Mumbai, marking its largest campus in the city.Read more

The Lucknow Development Authority (LDA) has extended its festive discount offer on ready-to-move flats until early November, allowing homebuyers to avail direct price reductions ranging from INR 1 lakh to INR 2 lakh based on the unit cost. Nearly 589 flats have been booked so far, while more than 1,100 are still available. The flats, priced between INR 22 lakh and INR 1.08 crore, come in 1BHK, 2BHK, and 3BHK configurations across several housing projects. Buyers making full payments within 45-90 days can also avail additional discounts of 3-6 percent.Read more

Bengaluru-based developer Puravankara Ltd's subsidiary, Starworth Infrastructure & Construction Ltd, has been awarded a contract worth INR 211.53 crore by SBR Builders for the construction of a new residential development. The project, named SBR Global Queen's Ville, involves core and shell construction along with finishing works. The company disclosed this development in a regulatory filing earlier this week, underscoring Puravankara's growing presence in India's residential real estate segment.Read more

Bhendi Bazaar witnessed a radiant transformation this Diwali as the Saifee Burhani Upliftment Trust (SBUT) led the redevelopment of the 16.5-acre precinct, symbolising renewal, inclusivity, and sustainability. The upgraded neighbourhood now features spacious homes with improved ventilation, wide roads, landscaped courtyards, and eco-friendly systems. Former tenants have returned as homeowners, celebrating dignity and stability in their revitalised surroundings. This redevelopment merges modern design with traditional values, standing as a model of how urban renewal can uplift communities while preserving their cultural essence.Read more

Realty developer Godrej Properties anticipates generating over INR 10,000 crore in gross revenue from its forthcoming residential development named Godrej Trilogy in the Worli area of Mumbai. The 2.63-acre project will comprise three towers, with two of them covering about 11 lakh square feet of saleable area now having secured RERA approval, and registration from Maharashtra Real Estate Regulatory Authority (MahaRERA) obtained earlier this week. In the first phase, the company plans to launch the two approved towers this quarter. The project is a joint development on a prime land parcel in South Mumbai, aligning with the company's strategy to expand its presence in high-potential urban land assets.Read more