Atul Projects has taken charge of the redevelopment of a 2.76-acre land parcel in Borivali (West), a location positioned along the active SV Road belt, earlier this week. With an estimated GDV of about INR 750 crore, the company is preparing to introduce luxury 2, 3 and 4-bedroom residences aimed at both end-users and long-term investors seeking premium living options within Mumbai's western suburbs. The initiative builds on Atul Projects' ongoing expansion across the MMR and aligns with its strategy of strengthening its redevelopment portfolio in established residential markets.Read more

The Greater Noida Industrial Development Authority (GNIDA) has launched a major commercial property scheme, offering 37 plots worth a combined INR 3,604 crore through e-auction. Located in key sectors such as Sector 3, 10, 12, Ecotech-1 Extension and Ecotech-12, the plots come under two FAR categories: FAR-4 for large vertical developments like malls, hotels and office towers, and FAR-2 for smaller commercial uses. GNIDA has set strict conditions, including a ban on plot subdivision or amalgamation and a five-year project completion deadline. Reserve prices are substantial, with several plots valued between INR 91 crore and INR 216 crore. Strong investor interest is expected, supported by Greater Noida's improving connectivity and upcoming airport.Read more

Notandas Realty has launched Notan Jewel, a new commercial development on Turner Road in Bandra, with an estimated revenue potential of over INR 400 crores. Designed to meet the rising demand for premium office and retail space, the project spans 90,000 sq. ft. with about 45,000 sq. ft. of leasable area. It features a grand arrival lobby, a modern car tower parking system, high-speed elevators, surveillance, and recreational spaces including a rooftop pickleball court and breakout zones. The launch reflects the company's legacy in Bandra and forms part of its plan to introduce four new commercial projects in FY2025-2026, strengthening its position in Mumbai's real estate market.Read more

Conscient Infrastructure Pvt Ltd has given a construction contract worth INR 350 crore to NCC Ltd for building 540 flats in its Elaira Residences project at Sector 80, Gurugram. The project spans 5.6 acres and is part of the company's growing residential portfolio. Conscient, active for more than four decades, has delivered over 20,000 homes and has nearly 35 million sq ft of developments across Delhi-NCR, Dehradun, and Goa. The company also partnered earlier this year with Texmaco, Hines, and HDFC Capital for the redevelopment of the Birla Cotton Mills land in Delhi.Read more

The Karnataka government will develop a 200-acre semiconductor park within the upcoming 5,000-acre KWIN City near Bengaluru, aiming to strengthen its position in advanced manufacturing and next-generation technologies. Announced at the Bengaluru Tech Summit, the park will offer specialised infrastructure for chip-making companies and act as a national innovation hub. Minister M B Patil highlighted the state's push to attract investments in semiconductors, drones, solar energy and Industry 5.0. Karnataka already hosts over 800 R&D centres, 100 chip-design firms and thousands of start-ups in areas such as AI, quantum computing and deep tech. The government has allocated INR 600 crore and is planning a Centre of Excellence for AI and Quantum Computing in Dharwad.Read more

Nuvoco Vistas Corporation, the cement arm of the Nirma Group, has agreed to acquire Gujarat-based Vadraj Energy in an INR 200-crore deal involving JSW Cement and Alpha Alternatives. The purchase is being made through Algebra Endeavour, Vadraj Energy's holding company, and will give Nuvoco access to power plants in Kutch and Surat to support its captive energy needs. The all-cash transaction is expected to close within about ten days, subject to conditions. Earlier this year, Nuvoco also secured NCLT approval to acquire Vadraj Cement for INR 1,800 crore. Nuvoco, India's fifth-largest cement maker, saw its shares trade slightly lower at INR 364.15.Read more

KPI Green Energy has secured a Rs 696.50 crore contract with SJVN Ltd to develop a 200 MW (AC) solar project at Gujarat's GIPCL Renewable Energy Park. The company will supply all equipment, handle construction, installation, civil works, and manage testing, commissioning, and operational acceptance. KPI Green will also provide O&M support for three years post-commercial operation. The project is structured under three contracts: Supply, EPC, and O&M highlighting KPI Green's turnkey responsibility and strengthening its position as a key renewable energy EPC player.Read more

Smartworks Coworking Spaces has leased about 1.66 lakh sq ft of office space in Pune to Wolters Kluwer (India), reflecting rising demand from global enterprises for large, consolidated workplaces. Smartworks, which manages 12.7 million sq ft across 14 cities, said its large-format campuses cater to clients seeking scale, speed and consistent experiences. The share of clients occupying more than 1,000 seats has grown from 12% to 35% in three years. Financially, the company's net loss narrowed to INR 3.13 crore in Q2, while income rose 22% to INR 441.06 crore. The deal strengthens Smartworks' position in India's flexible office market amid growing enterprise-focused demand.Read more

CCI Projects has announced a major investment of around INR 700 crore to develop a new luxury residential tower within the Mumbai Metropolitan Region. Introduced earlier this week, the 53-storey tower, named Skyleap, will form part of the Rivali Park 2 gated community situated along the Western Express Highway in Borivali. The development will comprise 320 premium apartments and is expected to generate revenue exceeding INR 1,250 crore on completion. CCI Projects, founded in 2000, has already delivered several towers and currently maintains an active development pipeline across the region.Read more

NBCC Ltd recently announced that it had secured a significant contract from the Damodar Valley Corporation to develop an integrated township in Jharkhand. The state-owned enterprise confirmed through a regulatory filing that the order, valued at INR 498.30 crore, relates to township construction at the Chandrapura Thermal Power Station. This development comes as NBCC recently reported strong quarterly financial results, with consolidated net profit rising by 25 per cent and total income showing notable year-on-year growth. The company continues to strengthen its presence across engineering, procurement and construction, project management consultancy and real estate operations.Read more