Market News Today

For years, Tier-2 cities had enough land to expand horizontally. But as centrally located land becomes expensive, making low-density housing has become less viable for developers

Gujarat Port Concessions face uncertainty as Pipavav and Mundra near concession deadlines, raising concerns over investment, long-term infrastructure planning and policy certainty.

Israel is advancing a series of hospitality and infrastructure developments, including the expansion of Ben Gurion Airport, the country's first airport hotel and new luxury resorts across Herzliya, Eilat, the Negev Desert and the Sea of Galilee. The projects aim to strengthen tourism infrastructure and diversify premium travel experiences.

RMZ has awarded a Rs 670.24-crore contract to Tata Projects for building RMZ Infinity in Porur, featuring nearly 2.94 million sq ft of leasable office space across multiple towers on a 16.4-acre site.

Chennai revised tenders for 1,520 electric buses, extending delivery timelines, lowering monthly kilometer requirements, and imposing stricter manufacturing capacity checks to ensure reliable public transport expansion.

Karnataka has completed the full digitisation of its land records, including RTC and Pahani, creating a unified digital framework to improve transparency, streamline property transactions, and reduce administrative visits.

Chennai's second airport project faces fresh uncertainty as the government rules out Parandur after acquiring 1,700 acres, forcing authorities to explore alternative sites while expanding the existing Meenambakkam facility.

Chennai is executing a ?184.88-crore drainage project spanning 4.2km in Sholinganallur to curb monsoon flooding in Semmancheri by September, funded by KfW to improve stormwater management.

Bengaluru's expanding metro network, featuring the Pink, Blue, and Green corridors, aims to improve urban mobility, reduce road congestion, and connect residential areas, tech hubs, and the airport.

A promotional event at a Chennai mall drew thousands, overwhelming traffic and exposing severe crowd management gaps. Police halted the programme as congestion severely disrupted south Chennai's transport network for hours.