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Infrastructure & Construction News Today

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India Property Markets Slow As Housing Sales Drop

India Property Markets Slow As Housing Sales Drop

India's property market slowed in early 2026, with housing sales dropping to 98,761 units in Q1, a double-digit contraction. New launches fell 20% due to costs and cautious buyers. Bengaluru showed growth, but major cities like Mumbai saw declines, raising concerns.
IndiQube GCC Office Lease Boosts Bengaluru Market

IndiQube GCC Office Lease Boosts Bengaluru Market

IndiQube leased 48,000 sq ft managed office space in Bengaluru to a healthcare tech firm, generating ₹75 crore over five years. This boosts the market, reinforcing the city's GCC appeal and flexible workspace trend.
Pune Airport Summer Schedule Expands Flight Network

Pune Airport Summer Schedule Expands Flight Network

Pune Airport's expanded summer schedule, effective late March, significantly boosts air connectivity with additional slots and new routes. This strengthens links to metropolitan and regional destinations, supporting economic growth and positioning Pune as a key aviation hub.
PMRDA Tourism Push To Boost Regional Economy

PMRDA Tourism Push To Boost Regional Economy

PMRDA is investing ₹67 crore in a new regional tourism strategy for Pune district, upgrading infrastructure in Maval, Mulshi, and Haveli. This push aims to boost local economies, improve accessibility, and enhance visitor facilities, balancing growth with sustainability.
Pune Seasonal Storms Raise Climate Concerns

Pune Seasonal Storms Raise Climate Concerns

Pune's unseasonal storms, with rain, hail, and strong winds, disrupted daily life, causing waterlogging and traffic issues. The event exposed urban infrastructure vulnerabilities and agricultural risks, highlighting urgent needs for climate-resilient planning and upgraded drainage systems across Maharashtra.
BMC Set To Clear Long Pending Occupation Certificates For Housing Societies

BMC Set To Clear Long Pending Occupation Certificates For Housing Societies

Mumbai's civic body is set to introduce a policy to grant Occupation Certificates to thousands of housing societies, regularizing long-pending approvals. This move aims to unlock economic value, improve asset credibility, and streamline redevelopment across residential and commercial units.
Oberoi Realty Signs Deal For Peddar Road Redevelopment

Oberoi Realty Signs Deal For Peddar Road Redevelopment

Oberoi Realty's Peddar Road redevelopment covers 4,800 sq m, adding 1.40 lakh sq ft RERA carpet area. This South Mumbai project reinforces premium housing, signaling growth and substantial revenue potential in a land-constrained market.
Aditya Birla Realty Ties Up With Parinee Group For Mumbai Redevelopment

Aditya Birla Realty Ties Up With Parinee Group For Mumbai Redevelopment

Aditya Birla Realty partnered with Parinee Group for a ₹1,700 crore Mumbai redevelopment project. This joint venture aims to accelerate urban renewal, upgrade ageing housing, and meet strong demand in India's space-constrained city.
NAREDCO NextGen Maharashtra To Organise Excelerate 2026 Summit

NAREDCO NextGen Maharashtra To Organise Excelerate 2026 Summit

NAREDCO NextGen Maharashtra's Excelerate 2026 Summit in Mumbai will explore evolving real estate capital flows, new financing routes like REITs, and sustainability. It aims to foster transparent, regulated, and climate-resilient investment in India's growing property market.
Gurugram Road Safety Challenges Expose Urban Mobility Gaps

Gurugram Road Safety Challenges Expose Urban Mobility Gaps

Gurugram faces severe urban mobility challenges due to persistent congestion, deteriorating road safety infrastructure, and weak enforcement. This leads to increased accident risks, pollution, and productivity loss, urging urgent mobility planning.

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