
NHAI to Invest Rs 150 Bn in Upgrading Uttar Pradesh Highways

Arkade Buys MMR Land Parcel for Rs 1.48 Billion
Mumbai-based real estate firm Arkade Developers Ltd announced on Wednesday that it has acquired a 14,364 sq metre land parcel in the Mumbai Metropolitan Region (MMR) for Rs 1.48 billion.In a regulatory filing, the company stated that it has entered into a memorandum of understanding (MoU) to acquire 100 per cent shareholding in Woollen and Textile Industries Ltd, which owns the Bhandup (West) land parcel.“The proposed acquisition includes a land parcel measuring 14,363.60 square metres located in Bhandup (West), Mumbai. The total consideration for the deal is Rs 1.48 billion,” the filing r..

Amazon Signs Rs 400 Million Lease for Hooghly Warehouse
Amazon Seller Services, the marketplace division of Amazon Inc., has leased 560,000 sq. ft of warehousing space in West Bengal’s Hooghly district as part of its nationwide expansion of fulfilment infrastructure.The upcoming facility, set to serve as a fulfilment centre (FC), has been pre-leased from Nahar Industrial Enterprises Ltd. As per documents accessed via real estate analytics platform Propstack, the property handover will occur between January and June 2026, with the lease officially commencing on 1 June 2026. The agreement spans a period of 20 years.Amazon will pay a monthly rent of..

GDA to Buy Land for RNE Roads, Clear Maps for Housing
The Ghaziabad Development Authority (GDA) will now directly purchase land from owners for eight major roads under the zonal plan for Raj Nagar Extension (RNE), paving the way for improved road infrastructure and residential development in the area, officials confirmed on Wednesday.Seven of these roads have remained stalled due to land acquisition hurdles, prompting the GDA to approve a proposal for direct purchase. The plan includes five roads with widths of 45 metres each, one 30-metre-wide road, and two roads of 24 metres in width—all integral to the approved zonal plan for RNE.“This dec..