Crisis-Hit Jaiprakash Associates Defaults on Rs.4,616 Crore Loans

BMC Ropes in New Contractors to Speed Up Mithi River Desilting Work

The BMC has appointed two new contractors to complete the Mithi River desilting project after missing the deadline twice. The project had experienced significant delays due to an ongoing police investigation into alleged irregularities with previous contractors. The Mithi River, a key stormwater drain in Mumbai, plays a crucial role in mitigating urban flooding. Desilting began in April as part of the city's pre-monsoon disaster preparedness.Following the 2005 floods, the BMC prioritised regular maintenance of the river as part of its flood mitigation strategy. The desilting project is divided..

Hyderabad Records Rs 40+ Bn in Property Registrations in May 2025

According to Knight Frank India’s latest assessment, residential property registrations in Hyderabad rose by 2 per cent year-on-year (YoY) and 5 per cent month-on-month (MoM) in May 2025—the first such increase recorded this year. Total value of homes registered have surged by 14 per cent YoY and 4 per cent MoM. Registrations for homes priced above Rs 1 crore grew sharply by 37 per cent YoY, accounting for 19 per cent of total registrations. The Hyderabad residential market spans across four districts—Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy—and includes transactions f..

India Remains Top 10 Global Destination for Land Investments: Colliers

Asia Pacific continues to assert its dominance on the global investment stage and play a key role in overall capital movements, according to a new report from Colliers. Colliers’ Global Capital Flows June 2025 report found Singapore, Japan and Hong Kong among the top 10 sources of global capital in the first quarter, with Singapore in fourth position, Japan seventh and Hong Kong tenth.While Japan and Australia ranked among the top 10 global cross-border capital destinations for standing assets, India continued to feature prominently at the seventh place in the top 10 global cross-border capi..