Market News Today

After nearly seven decades, the Bairabi–Sairang Line finally connects Mizoram's capital, Aizawl, to India's rail grid. This infrastructure milestone overcomes challenging terrain, ending isolation and redrawing the region's economic and mobility map.

Kartik Aaryan endorses HoABL's 78-acre Nagpur Marina, a waterfront plotted development in South Nagpur. With a 2.91-acre water body and 28,000 sq ft clubhouse, it targets high-net-worth buyers, leveraging connectivity for land investments.

Urbanrise launches a 623-unit premium housing project in Chennai's Sholinganallur, spanning six acres. Developed with Gauri Khan, it features IGBC Gold-certified 3/4-BHK apartments, reflecting a push for branded, sustainable design in the city's evolving IT corridor.

World Trade Center Bengaluru achieved India's first WiredScore Platinum certification for digital connectivity and smart infrastructure. This sets a new benchmark for Grade A office assets, highlighting resilience, speed, and adaptability crucial for multinational occupiers and future-ready urban economies.

India's residential real estate growth is set to moderate in FY27, with sales projected at 5-7% due to elevated prices and affordability issues. Post-pandemic, prices rose ~9% CAGR, outpacing income, especially impacting mid-market segments.

Bangalore's BDA holds 1,910 unsold homes from 6,738 units, with villas and 1BHKs seeing slow uptake. Mid-income flats sell better, but 470 EWS units need repairs. Private competition intensifies inventory pressure.

Bengaluru property prices sparked debate after a post claimed Jayanagar rates were ~Rs 5,000/sq ft. Residents countered, citing actual apartment prices of Rs 13,000-20,000/sq ft, highlighting market disconnect and contextual pricing.

Bengaluru realty marketing is taking an experiential turn. Century Real Estate launched a citywide teaser for a Jakkur project in North Bengaluru, a growing corridor. This OOH campaign, using partial imagery, targets aspirational buyers, reflecting a maturing demographic.

Styrene prices in India held steady at ₹96–97/kg as Asian benchmarks rebounded on firmer benzene and renewed post-holiday buying. Global supply remains adequate, but restocking has tightened the near-term range. India’s full import dependence keeps domestic pricing closely aligned with international feedstock and freight movements.

Asian base oil prices were mixed as trading gradually resumed after holidays. Light grades in Group I and II tightened, while heavy cuts remained more available. Group III fundamentals stayed balanced-to-firm. Brent near $72/bbl provided upstream support, with maintenance schedules and geopolitical risks influencing near-term sentiment.