Larsen & Toubro has initiated a structured consolidation of its real estate operations by transferring its realty business to its wholly owned subsidiary, L&T Realty Properties Ltd. The move, approved by the board through a slump sale under a scheme of arrangement, aims to streamline all residential and commercial assets under one corporate structure. The company stated that the real estate business requires independent functioning, steady expansion of its land pipeline, and periodic capital infusion. L&T expects the unified structure to support future growth once regulatory clearances are completed.Read more
The Adani Group recently announced that it is establishing a 48-megawatt AI-centric green data centre in Telangana with an investment of INR 2,500 crore. At the Telangana Rising Global Summit, Karan Adani noted that the conglomerate has already invested close to INR 10,000 crore in the state across infrastructure, logistics, and manufacturing. He highlighted the group's role in developing highways, logistics networks, and a major defence and aerospace park in Hyderabad, which manufactures UAVs for domestic and global markets. The group's initiatives have collectively generated employment for over 7,000 people.Read more
Reliance Group is making significant strides in India's renewable energy sector through Reliance Infrastructure and Reliance Power. The group is building an advanced, fully integrated solar manufacturing facility covering ingots, wafers, cells, and modules, designed to meet the projected 55-60 GW annual solar module demand by 2030. Alongside, it is establishing a complete battery manufacturing ecosystem to boost storage capacity from less than 1 GWh today to 250 GWh by 2032. Reliance NU Energies is also facilitating the shift to hybrid and round-the-clock renewable energy.Read more
Antara Senior Living, part of Max India Limited, has partnered with Max Estates to manage Estate 361, an 18.23-acre forest-themed senior living community in Gurugram. Following the success of Estate 360, Estate 361 will feature 360 residences and an integrated wellness centre combining modern healthcare with traditional therapies. Designed for accessibility and active ageing, the development offers extensive recreational and wellness amenities. With India's senior population rising rapidly and traditional family structures evolving, professionally managed senior living solutions like Estate 361 are increasingly essential. Antara is leveraging its healthcare and real estate expertise to address this demand.Read more
Smartworld Developers has decided to expand beyond Gurugram with a major entry into Noida through a mixed-use project planned on a newly acquired 6-acre land parcel in Sector 98. The company secured the plot for INR 414 crore through an auction and intends to invest about INR 2,000 crore in development. The project will include branded residences, high-street retail and serviced homes, and is expected to generate revenue of more than INR 3,000 crore. Smartworld, which recorded INR 6,400 crore in sales bookings last fiscal year, is also exploring a collaboration with a global brand for this project.Read more
Urban Vault has leased 21,000 sq ft of office space in Bengaluru to three Japanese companies Nachi, Pioneer, and Komatsu for setting up Global Capability Centres. The deals were confirmed earlier this week, adding to the steady rise in demand from multinational groups expanding their India operations. With these additions, Urban Vault now hosts more than 50 GCCs across major Indian cities. The company continues to scale its footprint, supported by growing interest from sectors such as manufacturing, automotive, engineering, electronics, and technology. Urban Vault currently operates a portfolio exceeding 2.8 million sq ft.Read more
Sonu Nigam has leased a 4,257 sq ft commercial unit in Trade Centre BKC, Santacruz East, under a five-year agreement that begins with a monthly rent of INR 19 lakh. The contract includes annual escalations-5.26% in the second year and 5% thereafter-taking the rent to INR 23.15 lakh in the final year. Total rental income over the term is estimated at INR 12.62 crore. The deal, registered in December 2025, involved stamp duty of INR 3.27 lakh and a security deposit of INR 90 lakh. Located in a well-connected business hub, the property reflects a broader trend of celebrities leasing premium commercial assets for steady income growth.Read more
Hazoor Multi Projects Ltd (HMPL) secured two new contracts from the National Highways Authority of India through an e-tender process this past week. The combined value of these projects stands at INR 277.40 crore. The work involves managing user fee collection at highway fee plazas in Tamil Nadu and Maharashtra, along with the upkeep and maintenance of nearby blocks. HMPL, which operates across infrastructure and renewable energy, has been expanding its portfolio over the past few years by taking up EPC-based road projects. The latest contracts further strengthen its presence in the highway operations segment.Read more
Inductus Limited's Global Capability Centre division has signed an MoU with Singapore-based Asteria Visions Pte to strengthen cross-border collaboration in the GCC sector. Signed in the presence of the Singapore High Commission, the agreement sets a framework for joint service exchange, solution design and coordinated delivery for multinational clients. The partnership aims to blend India's fast-growing GCC capabilities with Singapore's digital innovation ecosystem, focusing on AI, cloud, digital engineering and transformation-led models. Inductus CEO Alouk Kumar said the alliance reflects India's rapidly maturing GCC landscape. The move aligns with broader India-Singapore technology ties and supports Inductus' ongoing growth, with the firm reporting FY25 revenue of INR 148 crore.Read more
Smartworks Coworking Spaces Ltd has leased 168,000 sq. ft. of office space in Kolkata to a prominent IT company, signaling strong demand for flexible office solutions. The deal underscores the growing preference among technology firms for ready-to-use, scalable workspaces. Over the past few years, Smartworks has expanded across India, focusing on tier-1 and tier-2 cities, and attracting large corporate clients. Industry experts view this lease as a reflection of the resilience of Kolkata's office market and the ongoing adoption of hybrid work models.Read more