GIFT City on fast track after bid for 2030 CWG

Ahmedabad’s successful bid for the 2030 Commonwealth Games last week has renewed attention on GIFT (Gujarat International Finance Tec) City, a central business district in Gujarat’s Gandhinagar district. The idea to build an international financial centre on a greenfield site was conceived in 2007 by then Gujarat chief minister Narendra Modi. (Special arrangement) The idea […]

Next GIFT City? Karnataka building ‘IT City’ near Bengaluru, DK Shivakumar says| Business News

The Karnataka government is building an “IT City” near Bengaluru, Deputy CM D.K. Shivakumar said, even as he touted infrastrutural spending worth lakhs of crores on the tech capital of India. Karnataka Deputy CM D.K. Shivakumar says no other city can match Bengaluru’s weather and culture. (PTI) “We are developing residential layouts for NRIs, a […]

‘NYC will become Mumbai’, warns billionaire tycoon planning to leave city due to Zohran Mamdani

Billionaire property magnate Barry Sternlicht has said his firm is considering moving out of New York following Zohran Mamdani’s election as mayor, claiming other companies are likely to do the same. Barry Sternlicht says New York City will become like Mumbai under Zohran Mamdani. Sternlicht, who chairs the global investment firm Starwood Capital Group, suggested […]

Marriott, Aratt One World to launch luxury hotel in ₹3,500-crore integrated township in Bengaluru’s Electronic City

Marriott International has signed an agreement with Aratt One World, the real estate arm of Aratt Developers, to launch a 370-key JW Marriott Hotel in Bengaluru’s Electronic City. The hotel, spread across four acres, is slated to open in 2030 and will be part of a larger ₹3,500-crore mixed-use township being developed by Aratt One […]

Gold prices hit record high on Dhanteras, up by over ₹3,000 | Check today’s rates in your city

Gold prices are skyrocketing amid the ongoing festive season, with premiums in India hitting another record high at ₹1,32,953 on Saturday, on the occasion of Dhanteras. On Saturday, 24-carat gold stood at ₹1,32,953 per 10 grams, up by ₹3,350, while the 22-carat gold rate was priced at ₹1,21,883 per 10 grams. (PTI) People are willing […]

Urban planning gridlock: Bengaluru’s Outer Ring Road traffic jam offers hard lessons for future city corridors

Once envisioned as a decongesting arterial corridor connecting major IT hubs, Bengaluru’s Outer Ring Road (ORR) has become one of the city’s most gridlocked stretches, a cautionary tale of how rapid commercial expansion without adequate infrastructure planning can hinder a city’s mobility and productivity. Once meant to ease traffic between IT hubs, Bengaluru’s Outer Ring […]