DEVELOPMENT
Delhi sees luxury housing boom as developers bet on high-rise gated communities
The luxury real estate sector in Delhi is witnessing a notable uptick as homebuyers show heightened interest in upscale flats and secure communities. Recently, the NBCC achieved remarkable sales of luxury units in Chanakyapuri, surpassing their initial price expectations. Meanwhile, major developers such as DLF and TARC are set to unveil innovative residential projects, maximizing redevelopment opportunities in key urban areas.
Extracurricular activities for children: How much should parents spend on classes beyond academics?
As parents spend more on soft skills, the challenge is to identify pursuits that offer lasting value.
Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company has made similar acquisitions, including Gloind Vintage Infra for Rs 519 crore.
Apple opens Siri AI to all developers: Here’s what you need to know
Apple has launched a Developer Preview of Siri AI for developers across multiple operating systems. This integration facilitates enhanced user interactions, allowing apps to utilize features like App Intents for task management and app skills for managing complex tasks. However, Siri AI remains unavailable in the European Union due to regulatory obligations, and its usage is restricted to individuals over 13 years old.
Centre identifies 22 works to boost fodder security, livestock infrastructure under VB-G RAM G Act
The Centre has asked states and Union Territories to strengthen fodder security, pasture development and livestock infrastructure under the VB-G RAM G Act, identifying 22 permissible works. These include fodder banks, silage units, grazing lands and livestock shelters, aimed at addressing shortages and supporting rural households dependent on animal husbandry.
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says
Anthropic invited researchers from the Berkeley, California-based nonprofit, Model Evaluation and Threat Research, to review its internal data and interview staff as it prepares for its Wall Street debut with debate swirling over the potential for AI models to elude human control with catastrophic consequences.
DRDO successfully tests indigenously developed Pralay missile off Odisha coast: Rajnath Singh
The Defence Research and Development Organisation executed a successful flight test of the Pralay missile. This test took place off the coast of Odisha at 11:10 am as part of user evaluation trials. Defence Minister Rajnath Singh confirmed that all objectives were met during the exercise. Data captured through various range instruments validated the success of the test.
Developing countries' debt hit record $9.4 trillion in 2025: World Bank
Most of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising nearly 35 percent, the Bank's annual International Debt Report showed.
Mahindra Lifespaces acquires 100 acres in Mumbai region for plotted development
Mahindra Lifespace Developers has acquired 100 acres of land in Mumbai for a plotted development project. This move signifies the company's entry into the plotted development segment in the region. The project is expected to commence around the middle of the next financial year. Additionally, Mahindra Lifespace is looking to acquire more land in the area.
Richville Infra to develop senior-living focused project in Ludhiana
Richville Infra Private Limited plans to invest around ₹500 crore to develop a 100-unit senior-living and NRI-focused residential project on five acres at Hambran Road in Ludhiana, Punjab. The project, named Tirthankar Abode, is expected to generate revenue of around ₹1,000 crore.
Noida removes FAR cap on projects along 45-metre roads, paving way for high-rises
Noida’s decision to remove the maximum FAR cap for residential projects along 45-metre roads is expected to encourage high-rise development and increase housing supply. With land prices exceeding ₹200 crore per acre, developers say the move will improve project viability and land use.
OpenAI to acquire developer tools firm Pierre to expand Codex capabilities
OpenAI will acquire Pierre Computer Company, the developer of open-source coding tools, to expand its Codex platform's capabilities in building, understanding and reviewing software, as it looks to strengthen the role of AI agents across the software development process.
From lab to farm: How Proximal Soilsens is developing a ‘glucometer’ for soil testing
Developed over nearly a decade of research at IIT Bombay, Proximal Soilsens’s patented NutriSense X aims to make laboratory-grade soil testing portable, faster and accessible. The device tests multiple soil parameters in seconds, without requiring electricity or elaborate laboratory infrastructure.
Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developments
Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generate about Rs 1,800 crore.
Sri Lotus Developers and Realty promoters to sell 2.38 cr shares via OFS
In a significant move to adhere to Sebi's minimum public shareholding regulations, Sri Lotus Developers and Realty Ltd announced that promoter Anand Kamalnayan Pandit plans to sell 2.38 crore shares. This transaction is scheduled for November 3-4, with the shares priced at Rs 240 each, despite the company's current share price of Rs 245.90. Presently, promoters own 79.87 percent of the company.
Nugraj Developers raises Rs 50 crore from Capri Global for Haryana project expansion
Nugraj Developers has raised Rs 50 crore in growth capital from Capri Global to expand real estate projects. This funding will support ongoing and upcoming development initiatives in Kharkhoda and Sonipat regions. The area is experiencing increasing demand for residential plotted development due to improved connectivity and industrial growth. The Namo Bharat connectivity is expected to enhance regional travel and shift land usage toward residential projects.
HDFC Capital creates Rs 1,500 crore residential platform with DivyaSree Developers
DivyaSree Developers has formed a partnership with HDFC Capital to establish a residential development platform. The new platform will provide growth capital to support residential projects over the next three to four years. There is a potential Gross Development Value of Rs 6,750 crore from the upcoming projects. The partnership reflects the ambitions of DivyaSree Developers for growth in urban markets.
NCRTC to develop urban centres along the Namo Bharat corridor
NCRTC is working with NCRPB to develop urban centers along new transit corridors including Namo Bharat. Collaboration focuses on planning frameworks to encourage private investment in transit-oriented development zones. Key discussions cover measures that support flexible land use and streamlined clearances for developers. The redevelopment project at Sarai Kale Khan aims to create a multimodal hub for connectivity.
NCRTC explores transit-oriented development along Namo Bharat, proposed regional corridors
NCRTC is evaluating transit-oriented development to create planned urban centers along major corridors, including the Delhi-Ghaziabad-Meerut route. A recent workshop gathered key stakeholders to discuss policy support for private investment in these developments. Emerging urban centers such as Meerut and Ghaziabad are expected to benefit significantly from improved connectivity. The new framework aims to link transport infrastructure closely with land-use planning for organized urban growth.
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