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Construction of the IKEA store in Noida is set to commence soon after receiving approval from the government. The necessary permission from the Noida Authority is currently awaited, and construction is expected to begin within the next few months. Once completed, the IKEA facility in Noida will ...

Construction of the IKEA store in Noida is set to commence soon after receiving approval from the government. The necessary permission from the Noida Authority is currently awaited, and construction is expected to begin within the next few months. Once completed, the IKEA facility in Noida will encompass a shopping mall, retail outlets, residential facilities, and meeting centers. To realise this project, IKEA plans to invest approximately `55 billion in developing the shopping mall. Ramayan Temple in Bihar is poised to become the world's largest Ramayan temple. The commencement of the construction took place on June 20 in Bihar's East Champaran district. The Ramayan temple in Bihar will surpass the height of Cambodia's 12th century Angkor Wat temple complex. The estimated cost of constructing this temple is `5 billion. The Ramayan temple will boast 12 domes, with the tallest dome reaching an impressive height of 270 feet.Jyotiraditya Scindia, the Civil Aviation Minister, announced that India is poised to have a remarkable 200-220 airports, heliports, and water aerodromes within the next two to three years. Furthermore, he revealed that Tirupati, Vijayawada, Kushinagar, and Mopa Airports have recently been declared as international airports, increasing the total number of international airports in India to 30. The minister also emphasised on the ongoing efforts to augment capacity at metro airports.Indira Gandhi International Airport (IGI) announced the introduction of a convenient new facility called DigiYatra, aimed at enhancing the travel experience for passengers. DigiYatra offers passengers the benefits of the facility without requiring them to download a mobile application. This initiative has been implemented at Terminal 3, and it streamlines registration process.Willie Walsh, Director General of International Air Transport Association, expressed that Indian aviation market holds significant potential and abundant opportunities. He described the market as vibrant and highlighted India as one of world's fastest-growing aviation markets.

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Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

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Real Estate

Hansgrohe unveils LavaPura Element S e-toilets in India

Hansgrohe India has launched its latest innovation, the LavaPura Element S e-toilet series, introducing a new standard in hygiene-focused, smart bathroom solutions tailored for Indian homes and high-end hospitality spaces.Blending German engineering with minimalist aesthetics, the LavaPura Element S combines intuitive features with advanced hygiene technology. The series is designed for easy installation and optimal performance under Indian conditions, reinforcing the brand’s focus on functional elegance and modern convenience.“With evolving consumer preferences, smart bathrooms are no lon..

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Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

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