Dutch horticultural company Van der Hoeven Horticultural Projects recently announced that it had secured three contracts totalling around 40 million euros to build advanced greenhouses for strawberry cultivation in India. The projects, spanning 8 hectares across Punjab, Tamil Nadu and Karnataka, will introduce the firm's high-tech systems for climate control, irrigation and automation. The initiative forms part of HortiRoad2India, a Dutch-led public-private partnership promoting sustainable and climate-smart agricultural technologies in India.Read more

BCPL Railway Infrastructure Ltd (BCPL) has received a contract worth INR 32.58 crore from Rail Vikas Nigam Ltd (RVNL) for overhead electrification (OHE) modification in parts of the Dhanbad Division under East Coast Railway. The project involves 25 kV works, including design, supply (excluding certain steel structures and conductors), erection, testing, and commissioning of a 2×25 kV feeder line system. The project is targeted to support a 3,000-tonne loading capacity and is expected to be completed within 16 months. BCPL's management expressed optimism about sustained project inflows in the rail electrification sector.Read more

Vaishnavi Group has announced a new luxury residential project in Bengaluru with an estimated gross development value of INR 1,200 crore. The project, named Vaishnavi AT-One Krishna Brindavan, spans 4.95 acres and will feature 359 upscale homes, with prices starting at INR 3.5 crore. While the company has not disclosed the overall project cost, it emphasized Bengaluru's growing appeal among high-net-worth individuals, driven by the city's strong business environment and premium lifestyle offerings.Read more

The Thiruvananthapuram City Corporation has revived the long-delayed Poonkulam housing project, which had been stalled since 2008 due to financial constraints. Originally planned to deliver 120 houses under the BSUP scheme, only two floors were completed at a cost of INR 2.96 crore, with total expenses later estimated at INR 9 crore. The revised plan now targets 32 families, fully funded by the Corporation. Following a structural and stability audit by the College of Engineering, Thiruvananthapuram, a fresh tender will be issued. With an expected completion timeline of 18-24 months, the initiative aims to provide affordable housing and restore confidence in the city's ability to deliver long-pending BSUP projects.Read more

Arvind SmartSpaces Ltd, a part of the Lalbhai Group, has entered the Vadodara residential market through a new joint development project valued at over INR 700 crore. The large-scale horizontal project marks the company's 23rd development in Gujarat, underscoring its focus on strengthening its state-wide presence. The company said the initiative aligns with its expansion strategy into high-potential markets, with further projects expected across Gujarat, Bengaluru, and the Mumbai Metropolitan Region amid a sustained positive outlook for India's real estate sector.Read more

The Telangana Rajiv Swagruha Corporation Limited (TRSCL) is set to hold a three-day e-auction of residential plots in Kurmalguda, Thorrur (Rangareddy district), and Bahadurpally, near Hyderabad. The online auction, scheduled in multiple daily sessions, aims to offer buyers and investors plots in areas witnessing rapid infrastructure growth. Plot sizes at Kurmalguda start from 200 sq yd with an upset price of INR 20,000 per sq yd, while Thorrur plots (200-500 sq yd) are priced at INR 25,000 per sq yd. Bahadurpally plots start at INR 27,000 per sq yd for regular and INR 30,000 for corner plots. With a minimum bid increment of INR 500, TRSCL anticipates strong participation driven by growing demand in Hyderabad's expanding suburban corridors.Read more

Realty firm Shriram Properties Ltd has entered into a joint development agreement with a landowner to build a premium row-houses project on a 7-acre site in North Bengaluru, estimating a gross development value (GDV) of about INR 600 crore. The project is set to launch in the next financial year and is positioned in the Yelahanka area, near an upcoming biodiversity park. The company already has delivered 48 projects with 28.3 million sq ft of saleable area and maintains a pipeline of 39 projects totaling 36 million sq ft of development potential.Read more

A Pune builder has withdrawn from a proposed land deal with a Jain charitable trust after public protests and circulating rumours of irregularities. The project, involving about 12,000 m2 (3.5 acres) owned by the Seth Hirachand Nemchand Smarak Trust, had already progressed to a sale at INR 311 crore. The developer, Gokhale Landmarks LLP, cited the ethical implications and reputational damage as reasons for ending the transaction, and requested the trust to cancel the arrangement and refund INR 230 crore paid so far.Read more

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