Uttar Pradesh Chief Minister Shri Yogi Adityanath recently handed over keys to 160 families in Gorakhpur under the Economically Weaker Section (EWS) and Lower Income Group (LIG) housing scheme developed by the Gorakhpur Development Authority (GDA). The flats, allotted through a transparent lottery process from over 9,000 applications, include 80 EWS and 80 LIG units, priced well below market rates. Alongside, the CM inaugurated and laid the foundation for 50 development projects worth INR 118 crore, highlighting the state's focus on infrastructure and community welfare.Read more

Kerala's Industrial Corridor Development Corporation (KICDC) confirmed that the Palakkad Industrial Smart City-part of the Kochi-Bengaluru Industrial Corridor-will be realised in a single phase. Works are slated to begin either by the end of the month or in the early part of the next. With land acquisition largely completed and central and state funding well underway, KICDC aims to deliver infrastructure within 42 months before allotting parcels to industrial players.Read more

Prestige Estates Projects Ltd has launched Prestige Garden Trails in Mumbai, aiming for INR 2,000 crore in revenue. Spread across 5.2 acres, the project includes 1,324 units with a total carpet area of 10 lakh sq ft. Following its recent Ghaziabad launch worth INR 2,200 crore, the company continues its expansion strategy amid high demand for quality housing. With over 300 projects completed since 1986 and record sales in the first half of the fiscal year, Prestige demonstrates strong growth and sustained focus on India's residential real estate market.Read more

Lodha Developers Ltd, one of India's largest real estate firms, acquired a land parcel in the Mumbai Metropolitan Region during the past quarter to develop a residential project valued at around INR 2,300 crore. With this purchase, the company achieved its annual business development goal, reaching a cumulative potential revenue of INR 25,000 crore for the fiscal year. Despite limited project launches, Lodha recorded a 7% rise in quarterly pre-sales, backed by sustained housing demand. The developer now aims to meet its full-year sales target of INR 21,000 crore, with significant project launches planned for the coming months.Read more

Construction firm Capacit'e Infraprojects announced earlier this week that it had bagged a significant contract from the Indian Institute of Technology Bombay (IIT Bombay) for developing fast-track buildings on a design-and-build basis. The project, valued at around INR 542.37 crore, involves the use of composite steel and reinforced cement concrete materials to expedite construction timelines while maintaining high structural standards.Read more

Sanghvi Realty has announced soft possession at its premium residential project, Sanghvi Palazzo, in Mumbai, aligning with the festive spirit of Diwali. The developer has introduced attractive festive offers and flexible payment schemes to encourage homebuyers to move into their dream homes this season. Located in one of Mumbai's prominent micro-markets, the project features modern architecture, superior amenities, and excellent connectivity, appealing to discerning buyers seeking immediate move-in opportunities.Read more

Mahindra Lifespace Developers Ltd, the real estate arm of the Mahindra Group, acquired a 13.46-acre parcel of land in Pune's Nande-Mahalunge locality to develop a residential project with an estimated development potential of INR 3,500 crore. The firm, which withheld details of the seller, also unveiled plans to redevelop four housing societies in Malad (West), Mumbai, projecting around INR 800 crore in revenue from the sale of the free-sale component.Read more

Google will invest USD 10 billion to establish a large-scale data centre and artificial intelligence hub in Visakhapatnam, Andhra Pradesh, marking its biggest investment in India so far. The project involves building a 1-gigawatt data centre campus equipped with AI infrastructure, renewable energy systems, and expanded fibre-optic connectivity. The Andhra Pradesh government has also announced plans to scale data capacity to 6 GW in the coming years. However, some legal and land acquisition issues have arisen around the project's designated sites.Read more

Hindustan Construction Company (HCC) recently revealed that it had secured a contract valued at INR 204 crore from Hindalco Industries Limited for critical works linked to the Aditya aluminium smelter expansion project in Odisha. The contract encompasses fabrication, supply, and erection of pot shells and superstructure, representing a significant element of Hindalco's ongoing efforts to boost its aluminium smelting capacity by 200,000 tonnes per annum. The project highlights HCC's proven expertise in large-scale industrial construction and its ability to deliver complex assignments to international quality benchmarks.Read more

Wagle Estate in Thane has developed into a community where living close to work is practical and convenient. The area combines residential complexes with office spaces, allowing professionals to reduce commute times while enjoying a better work-life balance. With good connectivity to Mumbai, nearby IT parks, educational institutions, healthcare facilities, shopping, and recreational options, the locality supports modern urban living. Developers continue to build projects that reinforce the walk-to-work lifestyle, making Wagle Estate an example of a well-planned neighborhood where homes, offices, and essential amenities coexist efficiently.Read more