
Damani seals India’s largest residential portfolio deal to date

MoRTH Seeks State Input on New Urban and Road Policies
The Ministry of Road Transport and Highways (MoRTH) convened a State Consultation Conference on 3 September 2025 at Bharat Mandapam, New Delhi, under the chairmanship of Union Minister Nitin Gadkari, with Ministers of State Ajay Tamta and Harsh Malhotra in attendance. The aim was to gather inputs from State and Union Territory governments on key policy frameworks under finalisation, which are expected to shape coordinated infrastructure and urban development along India’s National Highway network.Urban Decongestion PolicyThe proposed Urban Decongestion Policy targets cities with populations ..

Maharashtra Clears Rs 750 Billion Urban Infra Projects
The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has cleared infrastructure projects worth Rs 750 billion (Rs 75,000 crore) across Mumbai, Thane, Navi Mumbai, Pune, and Nagpur, including the ambitious Mumbai Metro Line-11 linking Wadala to Gateway of India, at an estimated cost of Rs 240 billion (Rs 24,000 crore).Mumbai Metro Line-11: Wadala to Gateway of IndiaThe 17.5-km underground corridor will extend the existing Line-4 (Wadala–Thane–Kasarvadavli) and feature 14 stations, 13 of them underground. Designed to run six-car trains at 80 kmph with a 2.5-minute headway, t..

Panel to Review Rs 22 Billion NICE Road Project Delays
Karnataka Home Minister G Parameshwara on Wednesday announced that the state cabinet has constituted a sub-committee to scrutinise the long-pending Bengaluru–Mysuru NICE Road project, which has seen little progress since its launch in 2008 by Nandi Infrastructure Corridor Enterprises (NICE).Despite being conceived as a high-speed corridor between Bengaluru and Mysuru, only 42 km of the planned peripheral road has been completed so far. “Land has been handed over to the company, but there is still no clarity. The company has violated the agreement multiple times while shifting blame onto th..