Happy Nest project likely cancelled by CRDA in Amravati

01 Jun 2022 CW Team

The "Happy Nest" project is most likely to be shelved by the Capital Region Development Authority (CRDA). The CRDA is issuing messages to the subscribers of the Happy Nest project in accordance with a directive from the Real Estate Regulation Authority (RERA), informing them that they may receive a refund if they decide to leave the project.

In its proceedings, the RERA claimed that the CRDA had failed its commitment to finish the project on schedule and ordered it to reimburse anyone who wanted to leave the project their money. According to RERA's guidelines, the CRDA is issuing messages to all subscribers who purchased plots by paying the deposit sum, informing them that they have the option to leave the project if they so want.

The CRDA established the Happy Nest project with the dual goals of boosting construction activity in the capital region and providing opulent flats at a reasonable cost. The CRDA held a first-come, first-served sale of apartments in two parts.

A private business received a tender from the CRDA for the Happy Nest project, which was eventually cancelled. The CRDA then announced a second tender, but no bids were submitted as a result of capital uncertainties and problems receiving government payments.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..