In a significant development for Ahmedabad's real estate sector, Resset Group has acquired a 3-acre prime land parcel in South Bopal through its Special Purpose Vehicle (SPV) for approximately INR 42 crore, with an additional INR 2.5 crore paid in stamp duty. The site, located near the proposed Olympic 2036 Village, is set to house a premium residential and retail project offering 2 and 3 BHK units. The development will feature contemporary designs, sustainable architecture, and a Singapore-inspired landscape by Studio Black Smith, reinforcing Resset's focus on innovation and community-centric planning.Read more

Kalpataru Projects International Limited has secured orders worth around INR 2,332 crore in its power transmission and distribution and buildings and factories segments. Overseas T&D projects and domestic B&F contracts have increased the company's total order inflows for the financial year to nearly INR 15,000 crore, achieving 25% year-on-year growth. The new orders reinforce KPIL's position in global T&D markets and reflect ongoing expansion in India's civil construction sector. The company continues to strengthen its presence across multiple infrastructure domains and international markets.Read more

Larsen & Toubro's minerals and metals division has won two significant orders in India. The company will establish a 180 KTPA aluminium smelter with a gas treatment centre for Hindalco in Odisha and construct coke oven battery 6 A/B for Tata Steel in Jamshedpur. Covering engineering, manufacturing, supply, construction, and installation, these projects reflect L&T's engineering capabilities, execution strength, and strong customer relationships. They also highlight the ongoing industrial expansion in India's aluminium and steel sectors, emphasizing L&T's role in shaping the nation's industrial infrastructure.Read more

Marathon Nextgen Realty has partnered with Adani Realty to develop Monte South Commercial, a large-scale office and retail project in Byculla, Mumbai, covering around 1.2 million sq ft with a gross development value of INR 3,400 crore. The project is part of the Monte South campus, which already features four residential towers over 64 storeys totaling more than 1.6 million sq ft of saleable area. The collaboration strengthens Adani Realty's presence in central Mumbai's office market while expanding Marathon's footprint, responding to growing demand for integrated commercial and residential developments.Read more

Hyderabad-based Megha Engineering & Infrastructures (MEIL) has secured a USD 225.5 million contract from Kuwait Oil Company (KOC) to build, operate, and manage a gas sweetening and sulphur recovery facility in Kuwait. The project will handle sour gas at around 120 million standard cubic feet per day, with completion in 790 days and a subsequent five-year operation and maintenance period. KOC also holds an option to buy back the facility. The order reflects MEIL's ongoing efforts to expand its footprint in the Middle East, complementing its past international projects.Read more

The Delhi Development Authority (DDA) is set to start registration for its e-auction of nearly 100 plots across major city locations, beginning October 27. The auction will cover six categories: residential, institutional, commercial, industrial, CNG station, and group housing plots. Registration will continue until November 17, with online bidding for residential and group housing plots on November 20, and other categories on November 21. This move follows a one-and-a-half-year pause due to RERA regulations and marks the resumption of the DDA's e-auction initiative, offering multiple investment opportunities.Read more

Juniper Green Energy has commissioned a total of 64 MW renewable capacity across Gujarat and Maharashtra. The Gujarat project added 28 MW of wind power through Juniper Green Kite Pvt Ltd, while the Maharashtra hybrid project contributed 36 MWp solar capacity via Juniper Green Spark Ten Pvt Ltd. The initiatives are part of the company's ongoing focus on large-scale renewable projects. By expanding its footprint in key states, Juniper Green Energy continues to support India's clean energy transition and strengthen the development of wind, solar, and hybrid energy infrastructure.Read more

Power Grid Corporation of India (POWERGRID), a government-owned transmission utility, has acquired two major projects worth INR 3,375 crore to expand and strengthen the country's power transmission network. The new projects Vindhyachal Varanasi Transmission Limited and SR WR Power Transmission Limited were secured through tariff-based competitive bidding. These projects aim to ease congestion in existing transmission corridors, enhance grid reliability, and improve renewable energy transfer across regions while also supporting power evacuation from future pumped storage projects across India.Read more

The Union Housing and Urban Affairs Ministry has approved the construction of over 1.41 lakh new homes under the Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0), taking the total number of sanctioned houses under the scheme beyond 10 lakh. The new projects cover 14 states and Union Territories, including Assam, Gujarat, Rajasthan, Tamil Nadu, and Uttar Pradesh. The ministry emphasized that these projects should be developed in areas with proper infrastructure, roads, and public transport. PMAY-U 2.0 also focuses on inclusivity, supporting vulnerable sections and promoting women's empowerment through joint or female-headed ownership of houses.Read more

Hosachiguru, a Bengaluru-based realty firm, has launched a 23-acre farm plot project called 'Dharani', offering 60 plots priced from INR 65 lakh onwards. The company anticipates generating INR 100 crore from this initiative. Known for managing farms using organic and tech-enabled practices, Hosachiguru provides a seamless ownership experience. The firm has successfully completed six farm projects and is developing around ten more. The launch of Dharani highlights the growing demand for well-managed, hassle-free farm plot investments in the Bengaluru region.Read more