UP Real Estate Investments Jump 53% to Rs 69,000 Crore

Uttar Pradesh's real estate sector witnessed a 53% surge in investments to Rs 69,000 crore in 2025, with project approvals and construction activity also showing significant growth, according to UP RERA Chairman.

LT Elevator Targets Rs 400 Crore Revenue by FY28

Kolkata-based LT Elevator plans to exceed Rs 400 crore revenue by FY 2028, driven by the acquisition of Ricardo Elevators and a new South Korean partnership for mechanical parking systems.

ITC Hotels Q3 Profit Up 9.4%, Revenue Surges 21.2%

ITC Hotels reports strong Q3 FY26 results with net profit rising 9.4% YoY to Rs 235.1 crore and revenue up 21.2% to Rs 1230.6 crore, driven by robust performance in corporate, wedding, and MICE segments.

UP Expands Bioplastic Stamp Duty Exemption

The Uttar Pradesh stamp and registration department has approved up to 100% stamp duty exemption for non-anchor bioplastic units, extending benefits beyond anchor units under the state's bioplastic policy.

MSME, Startup Demands for Union Budget 2026

Industry associations ASSOCHAM and CII have presented key recommendations for the upcoming Union Budget 2026, focusing on easing financial stress for MSMEs and improving governance for startups amid funding challenges.

Rupee Hits New Low of 91.58 as Geopolitical Tensions Mount

The Indian rupee fell sharply to a historic low of 91.58 against the US dollar on Wednesday, driven by geopolitical tensions, stop-loss dollar purchases, and persistent foreign portfolio outflows. Forex experts warn of sustained pressure on the currency.

Mahalunge-Maan TP Scheme Awaits Final Clearance

Seven years after in-principle approval, Pune's Mahalunge-Maan town planning scheme still awaits final clearance from Urban Development Department, delayed by approvals and technical hurdles.

RERA's 70:30 Rule: Safeguard for Homebuyers

The RERA Act's 70:30 rule mandates developers to deposit 70% of funds in escrow for construction, ensuring project completion and protecting homebuyers from financial risks.

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