Market Updates
Chennai’s First Steel Flyover to Open in T Nagar on September 28, Promising Traffic Relief
Chennai’s first steel flyover in T Nagar, built at ₹164.92 crore, opens on Sept 28. The 1.2 km bridge will ease congestion and...
State Highways Authority to Build Roadside Facilities in Seven Districts
Tamil Nadu State Highways Authority plans roadside facility centres in seven districts with toilets, parking, EV charging, restaurants, and commuter safety.
CapitaLand India Trust Unlocks Rs 1,103 Crore Through Inaugural Divestment of CyberVale and CyberPearl
CapitaLand India Trust has completed its first-ever divestment, selling CyberVale in Chennai and CyberPearl in Hyderabad for Rs 1,103 crore. The proceeds will...
Real Estate Investment Trusts Outshine Realty Stocks Amid Market Uncertainty
Real Estate Investment Trusts (REITs) outperform listed developer stocks like Oberoi Realty, The Phoenix Mills, and Anant Raj amid execution risks, regulatory hurdles,...
Tata Steel Strengthens Global Footprint with ₹4,055 Crore Investment in T Steel
Tata Steel invests ₹4,055 crore in T Steel Holdings, boosting global operations and strengthening its international footprint amid strong metals demand.
Steel Consumption in India Projected to Grow 9–10%: Steel Secretary
India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
GST 2.0 Reshapes Construction: Lower Costs, Affordable Housing, and Faster Project Delivery
The rollout of GST 2.0 on September 22 has reshaped India’s construction industry by reducing tax rates on cement, materials, and logistics. With...
Nuvama-C&W JV Acquires One Paramount in Chennai, Reflecting Strong Domestic Interest in Office Assets
Nuvama Asset Management and Cushman & Wakefield India’s Prime Offices Fund has acquired One Paramount, a 2.4 million sq ft Grade-A office complex...
Maharashtra Signs ₹80,962 Crore Investment Pacts at Steel Mahakumbh, Over 40,000 Jobs to be Created
Maharashtra secures ₹80,962 crore in steel investments at Steel Mahakumbh, creating over 40,000 jobs across multiple districts, boosting industrial growth.
