Market News Today

Bitumen price in India remains firm as demand continues to outpace supply, driven by strong infrastructure activity. Despite a recent drop in crude oil prices, earlier geopolitical tensions have pushed costs higher, impacting road projects. The market is expected to stay stable to firm in the near term with supply constraints persisting.

MNRE centralized RE bidding to boost project realization. Kosol airlifted 100 tons of solar cells. Aroma Solar (12 GW) and Waaree Energies (3 GW) commissioned new solar module plants. India added record 6.05 GW wind capacity.

FSR Global and SECI signed an MoU to boost India's clean energy transition. The partnership focuses on training, research, and policy dialogue to enhance capacity and accelerate renewable energy adoption in India and the Global South.

India's Q1 2026 real estate saw commercial office leasing surge 6% to 29.9M sq ft, driven by GCCs. Residential sales fell 4% to 84,827 units, with premium homes gaining. Institutional investment reached $1.41B, mainly in commercial.

Telangana is expanding health infrastructure, establishing NCD clinics reaching 50 lakh patients, upgrading 70-80 trauma care centres, and deploying AI for early diagnosis. This multi-pronged approach aims to strengthen public healthcare access and delivery.

Hyderabad RWAs seek GST relief on housing maintenance charges, citing rising costs pushing more communities above the ₹7,500 monthly taxable threshold. They argue the 18% tax on essential services impacts affordability and constitutes double taxation.

Hyderabad's gated communities face rising maintenance costs due to higher tariffs, labor, services, and GST. This creates financial pressure and affordability concerns for residents, prompting cost-saving measures and policy discussions.

MahaRERA directed Paranjape Schemes to compensate homebuyers for delayed possession in a senior living project, enforcing interest payments and addressing infrastructure gaps despite pandemic disruptions, reinforcing buyer rights and accountability.

Hyderabad's Karregutta sees a new police outpost, marking a shift from a conflict zone to an integrated area. This development brings security, governance, and paves the way for infrastructure and public investment, fostering urban growth.

MahaRERA is reviewing 19 buyer complaints over Sumeru Project delays. Buyers, who invested 2020-2022, face stalled construction and financial burdens, seeking refunds and compensation.