91Springboard has accelerated its pan-India growth by launching two new hubs in Mumbai and Gurugram, adding 1,00,000 sq.ft. of premium workspace. This year, the company has added half a million sq.ft., with plans to add another million by the end of the fiscal year. The Mumbai and Gurugram hubs feature Grade A infrastructure, high-speed internet, eco-friendly design, and strategic connectivity to airports, metro stations, and commercial districts. With 43 hubs across nine cities, 91Springboard caters to enterprises, startups, and MSMEs, offering flexible seating, private suites, and customized offices.Read more
Ashtech Group, known for construction materials and infrastructure projects, is entering real estate with a luxury housing development in Greater Noida valued at INR 1,800 crore. The project will be built on a 5.6-acre plot acquired for INR 300 crore. Leveraging its experience in fly ash bricks, RMC, AAC blocks, and large-scale infrastructure, the company plans to launch the first phase soon. After reporting a turnover of INR 500 crore last fiscal, Ashtech aims to expand its property portfolio amid a strong post-pandemic real estate market with rising prices and land costs.Read more
ACME Solar Holdings Ltd has bagged a 400 MW/1,800 MWh firm and dispatchable renewable energy project from SJVN at a tariff of INR 6.75 per unit for 25 years. The project, awarded through a Tariff-Based Competitive Bidding process, will combine 300 MW of solar power with 1,800 MWh of battery storage to deliver peak-time power. It will also be ACME Solar's first project to use Indian-made solar cells under ALMM List-II. The project aims to leverage Rajasthan's strong solar potential and existing transmission connectivity.Read more
Emaar India is investing INR 1,600 crore to develop Serenity Hills, a luxury residential project in Gurugram, reflecting strong demand for high-end housing. The first phase will have 997 apartments across seven towers on 15 acres, with construction expected to start soon and completion in five years. Unit prices range from INR 3 crore to INR 5.7 crore. Designed with quality, greenery, and sustainability in mind, the project is part of Emaar India's 12.5 million sq ft portfolio. The company is also exploring strategic partnerships with major Indian business houses.Read more
Urban Vault has added two co-working centres in Pune, providing 92,000 sq ft and 2,500 seats, bringing its total Pune portfolio to 1.40 lakh sq ft and 3,500 seats. The new facilities in Baner and Viman Nagar include Grade-A spaces that have already secured enterprise clients. CEO Amal Mishra highlighted Pune's strong IT, manufacturing, and startup base as a driver of demand for flexible workspaces. Nationally, Urban Vault now manages 2.60 million sq ft with over 45,000 seats and reported INR 120 crore turnover for 2024-25.Read more
JSW Energy has launched India's largest green hydrogen plant in Karnataka to supply clean hydrogen and oxygen to JSW Steel's low-carbon steel production. Developed under the Production Linked Incentive Scheme, the plant will provide 3,800 TPA of green hydrogen and 30,000 TPA of oxygen under a seven-year offtake agreement. The company also plans to supply significantly larger quantities of green hydrogen and oxygen by 2030. With 30.5 GW of locked-in generation and 29.4 GWh of storage, JSW Energy aims to expand capacity and achieve carbon neutrality by 2050.Read more
The Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids to lease a 10,860 sq. m. commercial plot in Wadala, valued at a reserve price of INR 1,629 crore. With a high permissible FSI of 10, the site offers a built-up potential of 1,08,600 sq. m. Located in the Wadala Notified Area, the plot is part of MMRDA's plan to develop Mumbai's third central business district after BKC and Nariman Point. Enhanced by metro, monorail, and freeway connectivity, the initiative aims to attract large-scale commercial investment and generate non-fare revenue for regional infrastructure. The project marks a key step in decentralising Mumbai's commercial growth.Read more
Signature Global, a leading real estate developer, hosted its DXP WellFest at DXP Estate, Sector 37D, Dwarka Expressway, Gurugram, earlier this week. The wellness event aimed to strengthen the developer's vision of fostering a holistic community environment. Renowned actor and philanthropist Sonu Sood inspired participants to adopt fitness and mindfulness as integral parts of everyday life. The fest also featured fitness sessions by Tagra Raho, nutrition experiences by FITTR, and various wellness activities, reaffirming Signature Global's commitment to promoting healthy, community-driven living.Read more
Sembcorp Green Infra, a subsidiary of Singapore-based Sembcorp Industries, has been awarded a 150 MW firm and dispatchable renewable energy project by SJVN. The initiative combines solar, wind, and battery energy storage systems (BESS) to ensure steady power delivery during high-demand hours. This project forms part of SJVN's 1,500 MW tender for assured peak power through renewable energy sources connected to the Inter-State Transmission System. Once completed, it will further strengthen Sembcorp's position in India's renewable energy market, where it now holds over 7.6 GW of capacity.Read more
Highway Infrastructure Ltd announced a sharp increase in its net profit for the September quarter, reporting INR 9.7 crore compared with INR 1.6 crore during the same period last year. The company expressed confidence in executing EPC projects worth INR 150-200 crore over the next two years while actively bidding for fresh contracts valued around INR 250 crore. With new orders in toll operations and greenfield expressways across several states, the company achieved its highest-ever order book of INR 775 crore, indicating sustained revenue visibility.Read more