Mumbai's commercial map is shifting as companies increasingly choose the Eastern and Northern suburbs over traditional hubs like BKC, Lower Parel and Nariman Point. Chembur-Ghatkopar East is emerging as a strong alternative, offering modern offices, better connectivity and more affordable rentals. Improved access through the Santacruz-Chembur Link Road, Eastern Freeway and growing Metro network has made the area appealing to BFSI, tech and professional services firms. Developers are introducing Grade-A spaces with large floor plates and sustainable features, often at rents 30-40% lower than BKC. With steady leasing activity and rising investor interest, the corridor is quickly becoming a future-ready commercial destination.Read more
A new NLB Services report shows that India's Global Capability Centres (GCCs) are rapidly shifting from small AI pilots to large-scale adoption, pushing the sector toward strong growth. Employment is expected to rise 11% next year, reaching nearly 2.4 million, and expand to 3.46 million by 2030. As GCCs enter the AI-native 4.0 stage, new roles such as AI governance architects, prompt engineers and GenAI product owners are emerging, while traditional IT support and legacy development roles decline. The report also highlights a geographic shift, with more work moving to tier II and III cities due to lower costs and attrition. By 2030, these locations may account for nearly 39% of the GCC workforce.Read more
The National Mission for Clean Ganga (NMCG) has approved projects worth around INR 360 crore to improve pollution control and deepen scientific understanding of the Ganga and Yamuna rivers. A major approval was a INR 361.86 crore project for Siliguri to intercept 25 drains flowing into the Mahananda and build two STPs of 27 MLD and 22 MLD under a hybrid-annuity model. For Delhi, NMCG cleared works to enhance treated-water flow into the Yamuna, including drain diversion and new pumping and conveyance systems. Several research studies were sanctioned, including glacier-melt analysis in the Upper Ganga Basin, a 1,100-km bathymetric survey, groundwater recharge assessments and development of a Digital Twin platform. A school outreach programme, Youth for Ganga, Youth for Yamuna, was also approved.Read more
Puravankara Limited released its ESG Report for 2024-25 during the EcoBuild Conclave held in Bengaluru, an event organised in partnership with the Centre for Sustainability at the Ramaiah Institute of Management. The two-day conclave brought together policymakers, industry leaders and academicians to examine sustainable development themes, in line with India's long-term vision for Viksit Bharat 2047. The event also marked the announcement of IFC EDGE Pre-Certification for Puravankara�s Purva Winworth 2 project in Kochi, reflecting the developer's continued focus on resource efficiency, climate responsibility and environmentally aligned growth.Read more
Mumbai's real estate market attracted USD 1.19 billion in institutional investments over the past nine months, according to Cushman & Wakefield's India Capital Markets Q3 2025 report. This marks a sharp rise from USD 295.57 million a year earlier. Foreign investors contributed 67% of the total, led by USD 500 million from the US and USD 297 million from Japan, while domestic investors added USD 398 million. The firm noted that Mumbai has now crossed the USD 1 billion mark for four consecutive years, supported by strong fundamentals and major projects like the Trans Harbour Link and Coastal Road. In contrast, nationwide institutional inflows declined 10% during the period.Read more
CREDAI-MCHI convened its 43rd Annual General Meeting last week, bringing together senior government leaders, policymakers, and real estate stakeholders to outline a unified reform agenda under the leadership of President Shri Sukhraj Nahar. The association highlighted strengthened coordination with civic authorities, the rollout of Ease of Doing Business 2.0, and collective representation through a joint platform with NAREDCO, PEATA, and BDA. Key developments included institutionalised monthly reviews with BMC and SRA, acknowledgement of members� contributions during recent floods, and curated discussions on Mumbai's future development trajectory. The AGM reaffirmed CREDAI-MCHI's commitment to transparent, timely, and responsible urban growth.Read more
India's office market is experiencing robust growth as companies prioritize sustainability, flexibility, and inclusivity. Grade A office space across major cities is expected to reach 70 million square feet in 2025, supported by 60 million square feet of new supply. Developers are focusing on wellness-driven designs, technology-enabled infrastructure, and collaborative zones. Flexible workspaces are gaining traction, with nearly 20% of demand expected from this segment. Strong sustainability adoption, attention to generational diversity, and technology integration are shaping India's workplaces, positioning the country as a leading APAC office hub.Read more
Dun & Bradstreet's City Vitality Index (CVI) for Q4 2025 highlights a changing pattern in India's urban economy, with smaller cities gaining strength alongside established metros. Bengaluru maintained its top position among metropolitan cities, while Ahmedabad and Pune followed. Among emerging cities, Ahmednagar rose to the top, supported by its agro-industrial base, dairy cooperatives, and sugarcane farming. Uttar Pradesh showed strong regional performance with several cities in the top 25. The index, based on satellite-based Earth Observation data, closely aligns with nominal GDP, reflecting India's expanding and diversifying urban growth.Read more
India's data centre sector continues its rapid growth, adding 260 MW to reach 1.5 GW by September. Mumbai dominates the landscape with 53 per cent of total capacity, driven by digitalisation, AI investments, and supportive government policies. Since 2019, the country has attracted nearly USD 94 billion in investments, with Telangana, Maharashtra, and Tamil Nadu leading. Major corporations, including the Tata Group, are expanding capacity. Cost advantages, global capability centres, and Mumbai's strategic location near internet hubs and submarine cables further boost India's appeal as a data centre destination.Read more
India hosted its first IFLA Global Studio Program (GSP) earlier this week at Vivekanand Education Society's College of Architecture (VESCOA), Mumbai, as an allied event to the upcoming Asia Pacific Regional Congress 2025. The initiative brought together students from India and across the globe to deliberate on the theme 'Reimagining Urban Landscapes: Negotiating Mumbai's Paradoxes.- Organised by the Indian Society of Landscape Architects (ISOLA), the five-day charette focused on addressing urban challenges through collaborative design and innovation, encouraging cross-border academic engagement in landscape architecture.Read more