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Civil Aviation Minister inaugurates first hub-and-spoke flight from Varanasi via Delhi
Civil Aviation Minister K Ram Mohan Naidu launched Air India's 'Easy Connect' initiative in Varanasi, establishing the first hub-and-spoke flight to connect the city globally via New Delhi. This model aims to boost international connectivity from smaller cities. Six destinations will soon adopt this model, with Varanasi set to receive airport upgrades within 13 months. Air India plans to expand this service to several other Indian cities.
Delhi NCR's 'Ring of Opportunity' could open up a new era of affordable homes
Four new greenfield cities along Rapid Rail Transit System (RRTS) corridors are set to boost real estate affordability in Delhi and its surroundings. The KMP-Eastern Peripheral Expressway belt is now designated NCR's Ring of Opportunity, ending regulatory uncertainty for peripheral land. This strategic development, anchored by existing infrastructure like the Delhi-Meerut RRTS and Noida International Airport, positions Sonipat, Bhiwadi, Meerut, and Alwar as independent growth hubs, not just commuter towns.
India-US share a strong and growing economic partnership, says Union Minister Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal has said that India and the United States share a strong and growing economic partnership. Mr Goyal met United States Trade Representative Jamieson Greer and US Ambassador to India Sergio Gor in New Delhi yesterday. The Minister said that productive discussions were held on advancing negotiations towards a balanced and mutually beneficial trade agreement, in line with the Joint Statement of 7th of February. He added, India remains committed to working constructively with the United States to further deepen economic ties and create new opportunities for growth and innovation.
National realty companies expand base in NCR, target affluent clients
National real estate developers are making significant inroads into Delhi-NCR's residential market, traditionally led by local firms. Homebuyers' preference for branded properties is fueling this shift. National players' share of new supply surged from 3% in 2022 to over 13% by the end of 2025, marking a substantial increase and indicating a growing institutionalized property landscape.
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.
Bihar gets record Rs 10,000 crore for rail infrastructure in FY27: Ashwini Vaishnaw
Bihar's rail network is set for a major upgrade. The Union Railway Minister announced a record Rs 10,000 crore allocation for infrastructure development. A new express train will connect Chapra with Delhi. Locomotives manufactured in Bihar are now being exported. Projects worth Rs 1.15 lakh crore are underway. Patna Junction will get five new platforms.
DLF sells The Dahlias apartment to Madhusudan Kela for Rs 121 crore
DLF has sold a luxury apartment in The Dahlias for Rs 120.71 crore. This transaction sets a new benchmark for Gurgaon's real estate market. The project is driving DLF's sales, with significant revenue potential. Other high-value transactions have also occurred in Gurgaon, surpassing prime Mumbai and Lutyens Delhi prices.
Stock Picks Today: Bullish On LG Electronics India, Lenskart, GMR Airports, IndiGo On Brokerage Radar - NDTV Profit
Stock Picks Today: Bullish On LG Electronics India, Lenskart, GMR Airports, IndiGo On Brokerage RadarNDTV Profit
Krystal Integrated Services secures Rs 24-cr Maharashtra Sadan Contract
Krystal Integrated Services has secured a work order worth Rs 24.38 crore from the Office of the Resident Commissioner, Maharashtra Sadan, for providing mechanized housekeeping services at the New and Old Maharashtra Sadan premises in New Delhi.
ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategy
ASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai, Delhi NCR, Pune, Bengaluru, Chennai, and Hyderabad. The fund aims to support developers with structured financing for mid-segment housing. It will also focus on lender replacement and completing stalled projects.
Kolkata metro gets 60 new trains, Rs 1 lakh crore railway projects for West Bengal
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for Kolkata Metro in five years, alongside Rs 1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours were also promised. The state government pledged cooperation for faster project execution.
Sixty next-generation trains to be introduced for Kolkata Metro in 5 years: Union Minister Ashwini Vaishnaw
Sixty new trains will join the Kolkata Metro network in the next five years. Ashwini Vaishnaw made this announcement. He also stated that railway projects in West Bengal will receive a boost. High-speed train corridors are planned to connect Siliguri to New Delhi in six hours. This aims to significantly cut travel time.