Piling Work on Elphinstone Bridge Stalled After Residents Raise Safety Concerns

Piling work on the Elphinstone Bridge redevelopment project was halted after nearly 50 residents protested, citing fear that vibrations could damage their century-old buildings. MMRDA and VJTI experts have now stepped in with real-time vibration monitoring and safety measures to reassure locals.

TVS InvIT Inaugurates 17-Acre Industrial & Logistics Park in Visakhapatnam

TVS InvIT has inaugurated a 17-acre, ₹250-crore industrial and logistics park in Visakhapatnam, offering direct NH-16 and port connectivity. The facility, expected to create over 1,000 jobs, was virtually launched by Andhra Pradesh Chief Minister N. Chandrababu Naidu and is positioned as a major boost to the state’s industrial ecosystem.

🏗️ Realty Stocks Slip as Markets Close: Sector Sees Broad Weakness Amid Low Volumes and No Fresh Triggers

Realty stocks closed lower on Wednesday with broad-based weakness across large and mid-cap developers. Analysts attribute the decline to profit-booking and a lack of fresh sector triggers, calling it a phase of healthy consolidation.

🏗️ India’s Construction Equipment Demand Stalls at 2–4% Growth as Road and Real Estate Projects Slow

India’s construction equipment industry faces another slow year with just 2–4% growth, as road and real estate projects cool off. Crisil Ratings says strong exports are keeping margins and credit profiles stable despite rising costs.

🏗️ Realty Stocks Open Flat as Markets Eye Fresh Catalysts

Real-estate stocks opened the day flat, driven by modest buying in large developers and caution in mid-caps. With the NIFTY Realty index in consolidation mode, investors are waiting on booking announcements and policy cues to decide the next move.