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JA Solar announced it had signed a module-supply agreement with Larsen & Toubro (L&T), the EPC contractor for the Samarkand 1 and 2 utility-scale solar PV plants in Uzbekistan. The two projects, developed by ACWA Power, will together have a capacity of 1.2 GW and are projected to power hundreds of thousands of homes while offsetting over one million tons of CO? annually. The deal underlines JA Solar's commitment to Central Asia's energy transition and supports Uzbekistan's aim to derive 25 % of its power from renewables by 2030.Read more
M3M India has announced a major expansion with the launch of its 150-acre integrated township, Gurgaon International City (GIC), on the Dwarka Expressway Link Road. The company will invest INR 7,200 crore in the project, which is expected to generate around INR 12,000 crore in revenue. Designed as a low-emission industrial and residential hub, the township will feature premium homes, EV hubs, innovation parks, retail zones, and data centres, targeting global corporations like Google, Apple, Microsoft, and Tesla. The first RERA-approved phase covers 50 acres with 300 plots.Read more
The Uttar Pradesh Housing Board (UPHB) has listed about 4,200 residential units in Lucknow on a centralised online portal, providing details such as addresses, area, cost, and photographs mapped via Google Maps. The initiative, part of a state-wide directive covering 29 housing authorities, aims to enhance transparency and convenience by reducing the need for in-person visits. Buyers can register online and participate in lottery draws for units in government-backed projects such as Avadh Vihar, Himalayan Enclave, and Kailash Enclave. With 21 of 30 agencies having uploaded listings so far across cities like Agra, Kanpur, Varanasi, and Ghaziabad, the move marks a step toward streamlined, accessible housing allocation in Uttar Pradesh.Read more
Mid-premium developer Shriram Properties has entered into a joint development agreement (JDA) for approximately five acres along Bannerghatta Road in south Bengaluru, with estimated gross development value (GDV) of over INR 350 crore. The company intends to develop an exclusive "villament" community, meaning a hybrid of villas and apartments, and plans to launch the project during the current fiscal year. The move expands its mid-premium housing portfolio and builds on its track record of delivering 48 projects and 28.3 million sq ft of saleable area across Bengaluru and Chennai.Read more
IMFA has signed binding agreements to acquire Tata Steel's ferro-chrome plant in Kalinganagar, Odisha, for INR 610 crore, marking a major expansion in its production capacity. The plant, with 99 MVA of furnace capacity (66 MVA operational and 33 MVA under construction), will raise IMFA's total capacity above 0.5 million tonnes per annum, making it India's largest and the world's sixth-largest ferro-chrome producer. Covering 115 acres, the facility will reach 150,000 tonnes annual output once a fifth furnace is commissioned.Read more
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The Lucknow Development Authority (LDA) has extended the registration deadline for the Atal Nagar Housing Scheme to 21 November, giving low- and middle-income buyers more time to apply. The project comprises 19 towers with 2,496 flats, offering 1-BHK units of around 30 sq m and 2-BHK units up to 54.95 sq m, priced from INR 9.82 lakh onwards. Equipped with modern amenities such as lifts in all buildings, reliable water and electricity supply with backup, landscaped green areas, play zones and parking facilities, the scheme aims to provide affordable yet well-equipped housing.Read more
Nagaland has achieved a 96% completion rate under the Pradhan Mantri Awas Yojan-Urban (PMAY-U), with nearly 30,000 houses built, marking one of the strongest performances among north-eastern states. Officials highlighted that since 2016, beneficiaries have received INR 1.5 lakh per household in phased assistance, improving urban housing access while generating employment and infrastructure growth. At the PM Awas Mela-Shehri in Chumoukedima, officials launched the "Angikaar 2025" campaign, laying the groundwork for PMAY-U 2.0, which raises financial aid to INR 2.5 lakh per unit with a 90:10 funding ratio. The renewed five-year phase aims to provide affordable, permanent homes for Nagaland's urban poor and middle-income families.Read more
Titagarh Rail Systems Ltd (TRSL) announced earlier this week that it had been awarded a contract worth INR 2,481 crore by the Mumbai Metropolitan Region Development Authority (MMRDA). The agreement includes the design, manufacture, supply, and commissioning of 132 metro coaches for Mumbai Metro Line 5, along with several key systems such as signalling, telecommunication, and depot machinery. The project spans both phases of Line 5 and will also include five years of comprehensive maintenance.Read more
The Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) launched the sixth phase of its direct allotment scheme, offering about 6,000 industrial plots across nearly 100 industrial areas in the state. The scheme is available to investors who signed memoranda of understanding under the Rising Rajasthan summit. It includes dedicated reservations for SC/ST entrepreneurs, women, ex-servicemen and persons with disabilities. For plots up to 50,000 sq m, direct allotment applies if there's a single applicant, while contested lots go to lottery; larger plots are allotted based on eligibility and land-requirement.Read more
Smartworks Coworking Spaces Ltd has leased 8.15 lakh sq ft of office space in Mumbai from the Hiranandani Group to create what it says will be the world's largest managed workspace campus. The new facility, located at Vikhroli in the Regalia Office Parks project, is expected to be operational by late 2026. The partnership marks a major milestone for Smartworks, which already manages over 12 million sq ft of workspace across 14 cities in India and Singapore. The company continues to expand its focus on large, sustainable, and enterprise-driven office campuses.Read more
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