Sector / Industry News › Sub-category
Real Estate / Construction
29 articles
India’s real estate and construction sectors are demonstrating resilience and a focus on sustainable practices. Sobha Limited reported a robust 16% year-over-year increase in Q2 sales value, while Mahindra Lifespaces is expanding its presence in Mumbai with redevelopment projects and maintaining a fully green portfolio. Simultaneously, cities across India are embracing innovative waste management solutions, leveraging technology to improve efficiency and reduce environmental impact, and NITI Aayog is working to integrate Sustainable Development Goals into state budgets. These developments, alongside Max Estates’ top ranking in GRESB’s residential real estate category, suggest a growing emphasis on ESG principles and sustainable growth within the sector, positioning Indian real estate for long-term value creation.
Sobha Q2 FY27 Sales Value Rises 16% YoY
Sobha Limited reports Q2 FY27 operational update with total sales value of ₹22.06 billion, a 16% YoY increase.
H1 FY27 achieved record sales of ₹58.62 billion and launched 7.91 million sft with ₹112 b
Indian Cities Advance Sustainable Waste Management Initiatives
Goa's integrated waste facility processes 250 tons daily, generating 1.32 kW electricity and 7-8 tons compost.
Gandhinagar engaged 600+ citizens in zero-waste activities, reaching 40,000 via social me
NITI Aayog Hosts National SDG Budgeting Workshop
NITI Aayog organized National Workshop on SDG Budgeting in Kolkata with 32 States/UTs participation to align planning with Sustainable Development Goals.
Workshop introduced Guide on Mapping State Bud
Law Ministry Tree Plantation Drive at IIAC
Law Minister Arjun Ram Meghwal led tree plantation drive at India International Arbitration Centre under Swachhata Hi Seva campaign.
Event emphasized mental cleanliness and environmental responsibilit
Max Estates GRESB 2026 Dual 5-Star Rating, Ranks #1
Max Estates achieved Dual 5-Star Rating in GRESB 2026 with perfect 100/100 Development score and 93.5/100 Standing Investments.
Company ranked No. 1 among GRESB-defined peer group of six Indian listed
Mahindra Lifespace Launches Pune Residential Project Rivenza
Mahindra Lifespace Developers launched residential project 'Mahindra Rivenza' in Mahalunge, Pune on October 1, 2026.
The project is registered with Maharashtra RERA (PR1261012602102, PM1261012602103)
Ministry of Tourism Organizes 500-Participant Cleanliness Drive
Ministry of Tourism organized a major cleanliness drive at Hauz Khas Fort with 500 participants under Swachhta Hi Seva Campaign.
Secretary Bhuvnesh Kumar led the initiative with participation from hos
Ashiana Housing Q2 Bookings Reach ₹834 Crores
Ashiana Housing reported Q2 FY27 bookings of 9.46 lakh sq. ft. valued at ₹834.40 crores and 525 units.
The company completed conversion of 222 units at Ashiana OMA, Jaipur and commenced handovers at t
Landsmill Green 24th AGM Approves All Resolutions
Landsmill Green Limited held its 24th Annual General Meeting virtually on September 29, 2026, concluding in 17 minutes.
Shareholders passed two resolutions: adoption of FY26 standalone/consolidated fi
Apeejay Surrendra Park Hotels Launches Zone Connect Visakhapatnam
Apeejay Surrendra Park Hotels launched Zone Connect by The Park Visakhapatnam, its second hotel in the city with 52 keys.
The hotel is strategically located on Beach Road near key transport hubs and f
Technology Transforming Urban Sanitation Across Indian Cities
PIB document showcases technological innovations in urban sanitation under Swachh Bharat Mission, featuring digital platforms and robotics.
Raipur implemented digital Faecal Sludge Management dashboar
Government Launches Gram Panchayat Development Planning Campaign
Special Gram Sabhas nationwide on October 2, 2026 to discuss governance reforms and launch People's Plan Campaign 2026-27.
Multiple government departments to present citizen-centric schemes including
Tribal Affairs Minister Jual Oram Uttar Pradesh Uttarakhand Visit
Union Tribal Affairs Minister Jual Oram begins four-day visit to Uttar Pradesh and Uttarakhand from October 1-4, 2026.
Itinerary includes senior citizen welfare program in Meerut and Swachh Bharat eve
Mahindra Lifespaces Adds ₹1,500 Crore MMR Projects
Mahindra Lifespaces added three residential redevelopment societies in Mumbai with ₹1,500 crore GDV potential.
The expansion includes two societies in Borivali and one in Chembur, strengthening Mumbai
Lemon Tree Opens Keys Prima Darjeeling Hotel
Lemon Tree Hotels announces the opening of Keys Prima by Lemon Tree Hotels in Darjeeling, featuring 65 rooms.
This marks the group's third operational property in West Bengal, with three more hotels i
Ambuja Cements Subsidiaries Commission New Grinding Units
ACC Limited commissioned a 2.4 MTPA greenfield cement grinding unit expansion in Uttar Pradesh.
Bulk Cement India commissioned a 3.0 MTPA blending unit adding 1.0 MTPA capacity in Maharashtra.
Ambuja
ACC Commissions 2.4 MTPA Grinding Unit Expansion
ACC Limited commissioned a 2.4 MTPA greenfield cement grinding unit expansion in Salai Banwa, Uttar Pradesh.
Subsidiary Bulk Cement Corporation commissioned a 3.00 MTPA blending unit with 1.00 MTPA ad
NHAI Inspects 17 Low-Bid Highway Projects
NHAI initiates special quality inspections on 17 highway projects where bids were over 15% below estimated cost.
Projects selected exceed ₹500 crore construction value and have 35-80% physical progres
MoSPI Releases July 2026 Services Production Index
MoSPI published experimental Index of Services Production for July 2026 covering 19 sub-sectors with 2024-25 base year.
Administrative and support services led growth at 20.9% YoY, while air transport
MoHUA Launches PRAGATI-50 Model Cities Swachhata Initiative
MoHUA launches PRAGATI-50 initiative targeting 50 model cities across 24 states for higher cleanliness benchmarks under Swachh Bharat Mission-Urban 2.0.
Thirteen startups onboarded in third cohort wit
Shivraj Chouhan Southern Agriculture Conference Hyderabad
Union Agriculture Minister addressed Southern States Regional Agriculture Conference focusing on region-specific challenges and Rabi season planning.
India's coconut exports grew 62% to ₹7,038 crore i
TRAI Launches Digital Connectivity Rating Platform
TRAI launched the Digital Connectivity Rating Platform to implement property connectivity ratings under its 2024 regulations and 2026 amendments.
The platform enables property managers to register pro
CSIR-CRRI Partners with VMRDA, GVMC for Visakhapatnam Road Upgrades
CSIR-CRRI will provide scientific support to VMRDA and GVMC for a major 228 km road upgradation program in Visakhapatnam.
The collaboration includes technical studies for road relaying, erosion remedi
CSIR-CRRI Trains PWD Delhi Engineers on CAQM Road Framework
CSIR-CRRI conducted specialized training for PWD Delhi engineers on implementing CAQM's standard framework for urban road paving and greening.
The program focused on scientific road design, environmen
CSIR-CRRI Demonstrates 60% RAP Technology on NH-716
CSIR-CRRI, OSEPL and Ooms India successfully demonstrated 60% Reclaimed Asphalt Pavement technology on National Highway-716 Chennai-Tirupati Package-I.
The demonstration featured REJUBIT indigenous re
Prestige Estates Launches ₹1,750 Crore Bengaluru Project
Prestige Estates launched Prestige Parklane, a 1,788-home residential project in Bengaluru with ₹1,750 crore GDV.
The 11.91-acre development features 1.7 million sq. ft. saleable area and 4 acres of l
Horizon Industrial Parks Reports 77% Revenue Growth in FY26
Horizon Industrial Parks achieved 77% YoY revenue growth to INR 6,914 Mn with 79% EBITDA margin, expanding to 61 M. Sf. across 46 assets with 90% occupancy.
The company reported consolidated net loss
Birla Estates Enters Navi Mumbai with ₹2,600 Crore Project
Birla Estates announces entry into Navi Mumbai market via redevelopment of Shiv Sai housing society with ₹2,600 crore revenue potential.
Project involves 3.06-acre land parcel in Vashi developed joint
Hubtown Q1FY27 Investor Presentation Proforma Performance
• Hubtown presents Q1FY27 proforma performance post-merger of promoter entities, achieving ₹3,201 Mn collections and ₹5,350 Mn pre-sales.
• The company has a strong execution pipeline of 34.17 msf and