Real Estate: Unexpected Surge In Hyderabad's Luxury

05 Feb 2025 CW Team

In a surprising trend, Hyderabad has emerged as a strong contender in India’s ultra-luxury real estate market for 2024, closely trailing behind Mumbai and the National Capital Region (NCR). The total sales value of homes priced above Rs100 billion across major Indian cities reached an astounding Rs 530 billion this calendar year. Mumbai Metropolitan Region (MMR) led the segment with 928 units sold, followed by NCR (Delhi/Gurgaon) with 795 units. Remarkably, Hyderabad recorded 689 units sold, highlighting the city’s growing appetite for ultra-luxury living. This surge speaks about the robust economic growth and increasing purchasing power among Hyderabad’s affluent class. Despite market fluctuations, the demand for premium properties remains strong, signaling a shift in luxury real estate dynamics beyond traditional hubs like Mumbai and Delhi.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..