Category: Latest Stories

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CommercialLatest Stories

Gurugram: Demolition of illegal buildings starts on Galleria Road

GURUGRAM: The enforcement wing of the Department of Town and Country Planning (DTCP) demolished 13 unauthorized commercial structures on land designated for residential use in Chakkarpur, near Hamilton Court Society on Galleria Road. The demolition occurred under strict security, supported by personnel from the Sector 29 police station. Among the structures removed were a chemist shop, pet shop, and a scrap dealer’s unit. District Town Planner (Enforcement) Amit Madholia led the operation alongside duty magistrate Naveen Barua, assistant town planners Divya Dahiya and others from the enforcement team. This anti-encroachment drive concludes a legal battle that lasted over 20 years.…

InfrastructureLatest Stories

Bhubaneswar Launches Four New Town Planning Schemes for 969 Acres

BHUBANESWAR: On Wednesday, the Bhubaneswar Development Authority (BDA) revealed four new town planning (TP) schemes that will cover a total of 969 acres. Government officials indicated that the TP scheme, known as Samrudha Sahar, is designed to encourage planned urbanization and expedite economic progress throughout the state via comprehensive urban and regional planning. As part of this initiative, BDA will implement TP schemes in several areas: Patrapada mouza across 330.07 acres, Bhagabanpur mouza over 264.33 acres, Bijipur, Bhagabanpur, Baliapada, and Kasipur mouzas totaling 290.67 acres, and a portion of Bijipur mouza covering 83.68 acres. In total, these four schemes encompass…

IndustryLatest Stories

NCR States Opt Against Touching Aravali, Plan 2041 Paused

NEW DELHI: On Tuesday, the NCR states agreed to maintain the Natural Conservation Zone (NCZ) provisions in the Regional Plan 2041 and to protect the Aravali region. Meanwhile, the NCR Planning Board has postponed the finalization of the plan for a couple of months. The board opted to form a sub-committee with senior officials from central and state governments to evaluate new proposals suggested by board members. The panel is expected to deliver its final report by August 15. Union Urban Affairs Minister Manohar Lal, who led the meeting, informed reporters that numerous suggestions have been put forward, and certain…

CommercialLatest Stories

Target Corp leases 830,000 sq ft office in Bengaluru for 10 years

US retail giant Target Corporation has secured over 8.3 lakh sq ft of office space at Embassy Manyata Business Park in Bengaluru through a long-term leasing agreement, which involves an estimated rental commitment of roughly Rs 1,250 crore. This move highlights the ongoing growth of global capability centers (GCCs) in India’s tech hub. Target Corporation India, the company’s local subsidiary, has leased space spanning the ground and 10 upper floors of a newly constructed commercial building at Embassy Manyata Business Park in Nagavara from Embassy Office Parks REIT. The lease began on September 1, 2025. The lease is a new…

InfrastructureLatest Stories

Bihar Eases Land Sale Rules in Proposed Township Zones

Representative Image PATNA: The state cabinet, led by CM Samrat Choudhary, approved a proposal on Wednesday to acquire land for 11 planned greenfield satellite townships, which will be leased or sold to investors for state-approved projects. The prohibition on land transactions in the designated satellite township areas has been lifted. Landowners can now sell their land to the government due to family emergencies or significant expenses like weddings. The cabinet has empowered administrative officials to facilitate these acquisitions. A total of 29 agenda items were ratified during the cabinet meeting. Notably, amendments to the Bihar Outstanding Sportspersons Direct Recruitment Rules…

IndustryLatest Stories

Chandigarh Plan Changes to Boost Housing and Affordability

CHANDIGARH: Proposed changes to the Chandigarh Master Plan (CMP) 2031 could lead to substantial expansions in housing and mixed-use developments in the city. The UT administration aims to unlock large areas of vacant land and allow for higher-density construction. Officials believe these changes will address Chandigarh’s increasing housing demand, enhance affordability, and make home ownership more accessible for a broader segment of the population. A major element of the proposal includes nearly doubling the city’s mixed land use (MLU) area. The draft amendments also suggest raising the Floor Area Ratio (FAR) and promoting vertical development in select zones. According to…

IndustryLatest Stories

Mumbai: Developers Explore Tankers, Recycling Amid Water Restrictions

MUMBAI: As water supplies in Mumbai become tighter, developers and industrial users are adjusting their operations, preparing for increased costs, a greater reliance on tankers, and potential project delays, while also accelerating investments in water recycling and reuse. The BMC has suspended water supply to construction sites and implemented a 20% reduction in supply to industrial and commercial entities due to declining reservoir levels and a delayed monsoon. These restrictions are on top of a previously established 10% cut from the previous month. Amit Jain, Chairman and Managing Director of Arkade Developers, mentioned that these measures would drive developers towards…

Latest StoriesResidential

Tulip Infratech to Invest ₹1,100 Cr in Gurugram Housing

NEW DELHI: Tulip Infratech Group is set to invest approximately ₹1,100 crore in Tulip Melrose, a residential project located on Southern Peripheral Road in Gurugram. The 7.5-acre development will feature a height of around 495 ft and will comprise over 600 units, including four residential towers with spacious residences, clubhouse amenities, and a sky terrace connecting the towers. “Southern Peripheral Road is entering a defining phase of growth and is progressively becoming one of NCR’s luxury residential hubs,” stated Parveen Jain, chairman & managing director of Tulip Infratech Group. Published On Jun 17, 2026 at 05:00 PM IST Join 2M+…

IndustryLatest Stories

CM Finalizes Delhi Slum and JJ Cluster Rehab Policy

NEW DELHI: Chief Minister Rekha Gupta has announced the finalization of the Delhi Slum and JJ Cluster Rehabilitation and Resettlement Policy, 2026, by the Centre and the Delhi government. Gupta stated that the first phase will involve rehabilitation projects for five JJ clusters, providing essential civic amenities such as schools, health centers, playgrounds, and anganwadi centers. In a late Tuesday night post on X, Gupta mentioned that the policy was concluded in a high-level meeting led by Union Home Minister Amit Shah. She also indicated that the Delhi Development Authority (DDA) and the Delhi Urban Shelter Improvement Board (DUSIB) will…

IndustryLatest Stories

Guwahati Builders Support Government’s Satellite City Plan

GUWAHATI: The Assam Real Estate and Infrastructure Developers’ Association (AREIDA) has shown strong support for the state government’s initiative to establish the Guwahati Satellite Cities Development Authority (GSCDA). This authority aims to plan, finance, and develop satellite cities in the vicinity of Guwahati. AREIDA President PK Sharma emphasized the importance of constructing a well-planned satellite city near the Guwahati airport to alleviate pressure on the main city. He noted that this initiative is critical for decongesting the area and accommodating projected population growth. “With the Guwahati Metropolitan Area’s population expected to reach 4 million during the Master Plan period, sustainable…