Development Watch – Week #4 Oct’25

Development News

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UP RERA approves 35 projects in 1 month

UP-RERA has approved 35 projects valued at Rs 9,000 crore in a month, boosting the real estate sector. Approvals span beyond NCR to cities like Ayodhya and Jhansi, promoting balanced regional development and enhancing housing availability, particularly for affordable and mid-income segments.

DDA Housing Scheme 2025

The DDA has launched a new housing scheme in East Delhi, featuring over 1,000 flats in the upcoming tallest residential tower in the National Capital. The 48-storey building, part of the East Delhi Hub, offers modern amenities and strategic connectivity. Prices range from ₹1.78 crore to ₹3.09 crore, with possession expected by July 2026. Developed by the DDA under the project management of NBCC and built by Nagarjuna Construction Company Ltd., the project features a 20,000 sq.m. green zone with a jogging track and open recreational space.

Delhi homestay scheme for hosting tourists

Delhi is set to revive its Bed and Breakfast scheme. The tourism department is looking at Goa’s successful model. This aims to simplify registration and verification. Residents can rent out rooms to tourists. The initiative seeks to provide affordable accommodation. It also helps homeowners earn income. Plans include improving service quality and cleanliness.

Global Railway parts makers expand in India

Global railway equipment makers are eyeing investments in manufacturing facilities in India as the national transporter has projected a sustained capital expenditure push in the coming decade. Sector experts say even as India can develop into an export hub for railway equipment, there is a need to continue the policy focus on the country while investing in quality control and adopting international standards. Switzerland and India are collaborating to modernise India’s railway sector, Swiss official Martin Saladin said, following his delegation’s meeting with the Railway Board. Switzerland aims to share expertise in rail security, signalling, crossings, and global railway projects, while also exploring investments in India through its private sector.

No US deal on decarbonization of ships

An international vote to approve a global carbon pricing system for maritime emissions was delayed by a year after the United States threatened sanctions against supporting countries. The London-based International Maritime Organization (IMO) postponed the decision following opposition from the US and some oil-producing nations, citing economic concerns. Washington threatened to impose sanctions, visa restrictions and port levies on those supporting the Net Zero Framework (NZF), the first global carbon-pricing system. Russia joined major oil producers Saudi Arabia and the United Arab Emirates in voting against the carbon-reduction measure in April, arguing it would harm the economy and food security.

China against copying its EV playbook

India’s push for electric vehicle and battery manufacturing is drawing global attention. China has filed a complaint with the World Trade Organization, alleging India’s subsidy schemes violate trade rules. This move suggests India’s industrial strategy is beginning to impact global manufacturing powerhouses. India is actively building domestic capacity, aiming for self-reliance and potentially altering global supply chains.

Highway developers to tweak BOT model

Road developers are urging the NHAI to amend model concession agreements for BOT projects, focusing on restructuring termination payments and easing financial burdens. Recommendations include shared demand-side risk, permanent GNSS toll data, and revised prolongation cost compensation to boost project viability and attract investors.