Tuesday, September 1News That Matters

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Bengaluru East City Corporation Fast-Tracks High-Density Corridors and ITPL Road Infrastructure Projects.

Bengaluru East City Corporation Fast-Tracks High-Density Corridors and ITPL Road Infrastructure Projects.

News
Bengaluru: 12 August 2026Priority for Integrated Development of Major Roads and Infrastructure Projects: Lokhande Snehal SudhakarA progress review meeting was held under the leadership of Additional Commissioner Lokhande Snehal Sudhakar to review the progress of various major road, junction development and infrastructure projects being undertaken by B-Style within the jurisdiction of Bengaluru East City Corporation.The meeting reviewed and discussed in detail the progress, technical aspects, inter-departmental coordination and execution of various key infrastructure projects, including the Hennur–Bagalur Road, Horamavu Service Road, roads under the High-Density Corridor, ITPL Road, Hope Farm–Old Madras Road, Outer Ring Road junction improvements, and the Yeshwanthpur–K.R. Puram...
Dr. Rajendra K.V,.Commissioner of Bengaluru West City Corporation Mandates Daily Ground Inspections for Bengaluru West Markets.

Dr. Rajendra K.V,.Commissioner of Bengaluru West City Corporation Mandates Daily Ground Inspections for Bengaluru West Markets.

News
Malleshwara, Rajajinagar Markets Under Scrutiny as BWCC Demands Strict Lease EnforcementBengaluru, August 12:Dr. Rajendra K.V., Commissioner of Bengaluru West City Corporation, held a meeting today at the Corporation office regarding the Corporation's Market Department.He instructed the officials to inspect the overall condition, including the maintenance and grievances of shops in the markets under both divisions of the Corporation, and submit a report.Ensure that lease rules are not violated (such as sub-leasing, etc.) in all markets under the Corporation's jurisdiction, including Malleshwara Market, Devaiah Park Market, Rajajinagar Shopping Complex, and Gayatrinagar Market. Verify rate revisions and payments. If the buildings are not in good condition, take necessary act...
Green debt’s share in REITs doubled to 12% during 2022-26; sustainability-led funding momentum remains strong: ICRA

Green debt’s share in REITs doubled to 12% during 2022-26; sustainability-led funding momentum remains strong: ICRA

Business & Finance, News
Green debt in REITs grew sevenfold to ~Rs. 8,400 crore in March 2026 from ~Rs. 1,200 crore in March 2022August 11, 2026- -ICRA expects sustainable financing to play an increasingly important role in the funding strategy of Indian real estate investment trusts (REITs) over the medium term, supported by a high proportion of green-certified assets, growing environmental, social and governance (ESG) commitments, rising preference of investors for sustainable investments and evolving regulatory frameworks. Reflecting this trend, outstanding green borrowings of Indian REITs increased sharply to around Rs. 8,400 crore as of March 2026 from approximately Rs. 1,200 crore in March 2022, doubling the share of green debt in total REIT borrowings to about 12% from 6% during the period. ICRA expect...
Gopal Rathi, Founder, Anchor Realty NRI, on Why NRIs Are Prioritising Control Over Ownership in Indian Real Estate

Gopal Rathi, Founder, Anchor Realty NRI, on Why NRIs Are Prioritising Control Over Ownership in Indian Real Estate

Home Improvement, News
New Delhi,India-For decades, Indian real estate has remained a preferred investment for the global Indian diaspora, serving as both an emotional anchor and a long-term financial asset. However, as overseas families become increasingly global and geographically dispersed, many NRIs are recognising the limitations of informal property management arrangements, leading them to seek greater transparency, accountability and professional oversight.Traditionally, property ownership among the Indian diaspora has been driven by emotional ties, retirement planning and wealth creation. However, changing family dynamics, geographical distance and increasing asset values have highlighted the limitations of informal property management arrangements, prompting many NRIs to reassess how their...
Greenply Launches Termivax, India’s First Anti-Termite Vaccinated Technology in Plywood

Greenply Launches Termivax, India’s First Anti-Termite Vaccinated Technology in Plywood

Architecture, Home Improvement, Lifestyle, News
Tuesday, Aug 11, 2026 14:31:07 | Greenplyhttps://youtu.be/vO6MCaWIbUg-Greenply disrupts Indian Plywood market, sets new benchmark in termite protection, durability & lifetime assurance with innovative Termivax, powered by proprietary Nano- Technology.Kolkata, 11th August 2026: Greenply Industries Limited, one of India's leading interior infrastructure companies, has introduced TermiVax one of India's first Vaccinated anti-termite plywood powered by advanced nanotechnology with a patent application filed. With this innovation, Greenply plywood will now come with superior lifetime protection against termites, a problem highlighted under damp & wet conditions & gets accelerated in monsoon season.This innovation is much ahead than usual surface treatment & comes...
Kapil Dev-inspired Bangalore Blasters unveil ambitious vision for JPL Season 1.

Kapil Dev-inspired Bangalore Blasters unveil ambitious vision for JPL Season 1.

News
Navrathan Jewellers and Jain Sports Join Hands to Launch Bangalore Blasters for Inaugural JITO Premier LeagueTeam launched in the presence of cricket legend Kapil Dev; Jain Sports announced as Team Partner as Bangalore Blasters set ambitious vision for JPL Season 1Bengaluru, August 11, 2026: Navrathan Jewellers, owners of the Bangalore Blasters, today unveiled the team ahead of the inaugural JITO Premier League (JPL) Season 1, marking the beginning of an ambitious sporting journey that brings together cricket, community, entrepreneurship and a shared pursuit of excellence.The team was launched at a special event in the presence of Indian cricket legend Kapil Dev, who gave the team members an inspiring pep talk. IPL star Vaishak Vijaykumar also attended the event, adding further...
Polar Bear’s 200th Store: Homegrown Ice Cream Chain Celebrates Double Milestone

Polar Bear’s 200th Store: Homegrown Ice Cream Chain Celebrates Double Milestone

LIFE & ARTS, Lifestyle, News
10th August, Bengaluru, India: Polar Bear, the Ice Cream Sundae Zone, has achieved a landmark milestone with the launch of its 200th outlet nationally, which also marks its 100th parlour in Bengaluru, the city where the brand's journey began. A 100% Indian-owned, self-funded brand, Polar Bear has grown from a single store near Bengaluru's ITPL in 2008 to 200 dine-in sundae parlours across more than 35 cities, making it one of India's largest homegrown dessert chains.Founded by entrepreneur Kishore Rai, Polar Bear has steadily built its presence through a singular focus on quality, innovation and memorable customer experiences. Remaining entirely self-funded throughout its journey, the brand has expanded sustainably over the years, earning the trust of millions of customers and strong f...
Pradhan Mantri Awas Yojana – Urban Milestone: 1.25 crore houses sanctioned, 1 crore houses delivered .

Pradhan Mantri Awas Yojana – Urban Milestone: 1.25 crore houses sanctioned, 1 crore houses delivered .

News
Empowering Nari Shakti: 1 crore houses allotted to women2.09 lakh houses sanctioned under PMAY-U 2.0 in 8th CSMC meeting chaired by Secretary, MoHUAPosted On: 09 AUG 2026 3:17PM by PIB Delhi Pradhan Mantri Awas Yojana – Urban (PMAY-U) has achieved another significant milestone with the sanction of over 1.25 crore houses under PMAY-U and PMAY-U 2.0, of which more than 1 crore houses have been completed and delivered to beneficiaries across the country. Building on this milestone, the Government continues to accelerate the implementation of PMAY-U 2.0 to expand access to affordable housing for eligible urban families.In line with this commitment, the 8th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under PMAY-U 2.0 was held on 6th August 2026 at Sankalp B...
Raymond Realty reports a healthy Q1FY27 performance.

Raymond Realty reports a healthy Q1FY27 performance.

News, PROPERTY MATTERS
Mumbai, August 8, 2026: Raymond Realty Limited today announced its unaudited financial results for the quarter ended 30th June 2026.KEY HIGHLIGHTS Strong Booking Value Trajectory: Achieved a robust Booking Value (BV) of ₹700 Crore in Q1FY27, marking an outstanding 129% growth compared to ₹306 Cr in Q1 FY26  Booking Value Contribution Mix: JDAs - 64%; Thane Land Parcel - 36% for the quarter  Strong Growth Visibility: Total portfolio is now ~ ₹52,000 Cr in Gross Development Value (GDV), with a prudent mix of Own land as well as JDA projects  Customer Collections of ₹ 550 Cr in Q1FY27 vs ₹ 374 Cr in Q1FY26, 47% Y-o-Y growth  Total Income of ₹ 536 Cr in Q1FY27 vs ₹ 392 Cr in Q1FY26, 37% Y-o-Y growth  EBITDA of ₹ 70 Cr in Q1FY27 vs ₹ 41 Cr in Q1FY26, 70% Y-o-Y gro...
One Destination, Five Cities, Fifteen Projects: SPRE’s Property Showcase Comes to Noida.

One Destination, Five Cities, Fifteen Projects: SPRE’s Property Showcase Comes to Noida.

News
Friday, Aug 07, 2026 17:35:53 |Noida, Uttar Pradesh, India (NewsVoir)      Building on the success of its property showcases in Gurugram and Mumbai, Shapoorji Pallonji Real Estate (SPRE), one of the trusted real estate developers, is bringing its signature Multi-City Property Showcase to Noida on 9th August 2026. The one-day event will offer homebuyers and investors an opportunity to explore 15 premium residential projects across Mumbai, Thane, Pune, Gurugram and Howrah, all under one roof. The showcase will feature a curated portfolio of premium apartments, luxury villas and lifestyle plots, with prices starting from Rs. 60 lakh*. Designed to simplify the home-buying journey, the event will enable visitors to compare multiple projects in a single visit while benefiting from exclus...