
India Plans Rs 13.5 Billion Scheme for Rare Earth Magnets

MHADA Konkan Board Opens Lottery for 5,285 Flats, 77 Plots
The Konkan Housing and Area Development Board, a regional unit of the Maharashtra Housing and Area Development Authority (MHADA), has announced a housing lottery offering 5,285 flats and 77 residential plots across Thane, Palghar, Sindhudurg, and Badlapur. The application process will go live on July 14, 2025, at 1:00 PM and will be inaugurated by MHADA Vice President and CEO, Mr Sanjeev Jaiswal, IAS. The initiative includes five housing components. Under the 20% Inclusive Housing Scheme, 565 flats will be allotted. The 15% Integrated Urban Housing Scheme offers 3,002 flats, while 1,..

KSH Infra to Develop Second Industrial Park in Tamil Nadu
KSH INFRA has announced plans to invest Rs 5.5 billion in a new 60-acre Grade A Industrial and Logistics Park in Tamil Nadu’s Sriperumbudur-Oragadam belt. The park, to be developed on freehold land, will offer a total built-up potential of 1.6 million sq. ft. and generate over 1,500 jobs. The site benefits from ~600 metres of road frontage and robust connectivity, aided by the upcoming Chennai–Bangalore Expressway (NE7). Located in a region housing companies such as Hyundai, Samsung, Dell, Nokia, and Foxconn, the park will support manufacturing, electronics, and engineering units.&nbs..

Selene by Central Park launched at Flower Valley; 85 per cent units sold on day one
Central Park has launched Selene, a new luxury tower within its flagship township Flower Valley in South Gurugram. Featuring 353 fully furnished studio and one-bedroom serviced residences, the project recorded a strong launch with 85 per cent of units sold on day one. Set amidst the scenic Aravalli backdrop and overlooking the Alpha Golf Course, Selene residences are designed with a four-side open layout and a generous 3.9-metre floor-to-floor height, enabling expansive views and enhanced light and ventilation. Positioned as an urban sanctuary, the development combines privacy with immers..