Juniper Hotels Wins DDA Award For Dwarka Five Star Hotel

10 Mar 2026 CW Team

Juniper Hotels Limited (the Company) received a Letter of Award from the Delhi Development Authority (DDA) on March two, 2026 after being declared successful bidder for licence rights to a land parcel measuring two point five two acres in Sector 23, Dwarka, New Delhi. The site has been allotted for development and operation of a five star hotel near Yashobhoomi India International Convention and Expo Centre and the Delhi International Airport. The LOA is valid for 12 months during which the lease agreement is expected to be executed and will be subject to the compliances in the tender document.

This strategic award strengthens the Company's presence in the National Capital Region (NCR) and underscores its commitment to asset ownership and large format hospitality in metropolitan markets. Juniper pursues a disciplined asset selection strategy focused on big box projects that deliver scale and efficiencies. With limited scope to expand at Aerocity, the Dwarka project is a natural phase of growth in the NCR.

Juniper operates Andaz Delhi in Aerocity with 401 rooms and 129 serviced apartments and has recorded sustained growth in Average Room Rate (ARR) supported by business travel and rising MICE activity. The Company also owns Grand Hyatt Mumbai Hotel and Residences, a 547 room and 120 serviced apartment development, and last year acquired a 235 room hotel at the international airport in Bangalore that is scheduled to commence operations in Q1 of FY27 with an additional 270 rooms planned for FY29. The Company will continue to seek large developments across metro cities in India.

The proposed five star hotel is expected to feature approximately 500 keys, food and beverage outlets, banqueting facilities and limited commercial space, which will raise the Company's total inventory in the NCR to over 1,000 keys. The project aligns with the Company's strategy to develop large scale big box assets and will proceed in line with the LOA and applicable compliances.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..