Rising costs hit affordable housing

Ceigall JV Wins Rs 5.1 Billion Mohali Infra Project

EPC company Ceigall India on Sunday announced that it has secured an infrastructure project worth Rs 5.1 billion in a joint venture with JSP Projects.The Greater Mohali Area Development Authority (GMADA) has awarded the contract for the Aerotropolis project in Mohali, covering the construction of internal roads along with civil, public health and electrical works. The project will be executed within 24 months under an item-rate contract.Ramneek Sehgal, Chairman and Managing Director of Ceigall India, said: “The Aerotropolis project is a transformative urban initiative, and we are proud to co..

Reloy Projects Rs 500 Million Revenue in FY26

HDFC Capital-backed proptech startup Reloy, which enables builders to generate referral sales, expects its revenue to grow by 75 per cent this fiscal to around Rs 500 million, supported by strong housing demand.The company reported a 60 per cent rise in gross revenue in FY25 to Rs 285 million, up from Rs 178 million in the previous year.“We are expecting to clock Rs 450–500 million in revenue in the current fiscal,” said Reloy founder and CEO Akhil Saraf...

Jindal Stainless to Invest Rs 7 Billion in Green Projects

Jindal Stainless announced on Thursday that it is investing Rs 7 billion in decarbonisation initiatives and has cut 318,248 metric tonnes of CO2 emissions in FY25.The company said it has undertaken several measures to reduce its carbon footprint, including commissioning Odisha’s largest captive solar plant. Over the next few years, JSL plans to channel Rs 7 billion into decarbonisation, energy efficiency upgrades, supply chain digitisation for transparency, and community initiatives in education, healthcare and skills development.In FY25, JSL achieved a 14 per cent year-on-year reduction in ..