Author: AU News Bureau

The project portfolio of Shankar Fenestrations and Glasses has gained a new project, CRC The Flagship. The project demonstrates the participation of the company in the provision of modern façade and fenestration solutions in commercial projects, where architectural designs, functions, quality, and aesthetics are crucial for such structures. The addition of CRC The Flagship project to the company’s portfolio falls at a time when façade systems have been gaining considerable recognition in commercial real estate. In general, the exterior of buildings is created to harmoniously combine such parameters as aesthetic appeal, durability, and performance, as well as compatibility with the…

AFC Furniture Solutions, country’s leading modular furniture solutions company, is expecting over 20 percent growth in its Tamil Nadu operations in FY 2026-27 coming from a sharper focus in engineering, automotive, electronics, data centres and Global Capability Centres (GCCs) sectors. Unlike other markets, the company’s state plans have been catering to specialised workplace requirements of growing technology-led manufacturing, R&D and technical support operations of large and medium sized corporates. AFC’s growth comes from state’s established IT corridors, including Old Mahabalipuram Road (OMR), Sholinganallur and Siruseri, while pursuing operations in the industrial belts of Sriperumbudur and Oragadam. The expansion is driven…

Bengaluru based Kalyani Developers is set to significantly expand its hospitality portfolio, targeting over 1400 keys over the next two years across Bengaluru and Hyderabad. As part of its strategic growth plans, the company has partnered with global hospitality major Hilton for a landmark dual-brand hotel development in Bengaluru featuring around 600 keys across the two hotels, with Hilton catering to the upper-upscale segment and Conrad positioned in the luxury segment, thus bringing together two global brands within a single integrated development. The company is in talks with leading global operators for the additional 825 keys. Speaking about the company’s…

Shree Naman Group, has completed the acquisition of JW Marriott Bengaluru for INR1,611 crore and Crowne Plaza Pune for INR189 crore, marking a landmark expansion of its hospitality business. The INR1,800-crore transaction was completed on 1 October 2026, within 30 days of approval by the National Company Law Tribunal on 3 September 2026, following a competitive bidding process. The acquisitions take the Group’s operating hotel portfolio beyond Mumbai into two of India’s leading business and hospitality markets. JWMarriott Bengaluru and Crowne Plaza Pune join Sofitel Mumbai BKC, Lemon Tree Hotel, Kalina BKC, and ibis Mumbai BKC, bringing the Group’s portfolio…

GB Realty plans to invest INR 2,400–2,500 crore in a luxury branded residences project on Airport Road in Mohali, in collaboration with global luxury watch and jewellery brand Jacob & Co. The developer is positioning the project as Punjab’s first branded residences development. The investment includes more than INR 1,000 crore for land, with the balance allocated to construction, development and other project costs. The project will target demand for luxury homes across the Chandigarh–Mohali–Panchkula region. “Our planned investment of about INR 2,400–2,500 crore, including over INR 1,000 crore for land, reflects our confidence in Tricity’s potential and our commitment…

Brigade Group announced the signing of management agreements with Hyatt Hotels Corporation for two new hotels in Bengaluru- Hyatt Regency Bengaluru at Brigade Global Park and Hyatt Regency Bengaluru at Brigade’s upcoming integrated township on Whitefield-Kadugodi Road. Together, the two hotels are expected to add 600 rooms to Brigade’s hotel portfolio in Bengaluru. Brigade Estates and Projects Private Limited, an entity of the Brigade Group, signed a management agreement for Hyatt Regency Bengaluru at Brigade Global Park, which will be located within Brigade Group’s 25-acre integrated advanced engineering and business ecosystem. Planned with approximately 350 guestrooms and suites, the hotel…

WAL Developments has launched Serenia Wellness Residences, a premium residential project in Sector 92, Gurugram, with prices starting at ₹1.5 crore. Spread across 4.57 acres, the development will comprise 416 3 BHK residences across two towers, with configurations of 1,250 sq. ft. and 1,350 sq. ft. (super area). The project marks the developer’s next residential offering in Gurugram, following its earlier premium SCO developments in Sector 73 (WAL Street 73) and Sector 88A ( WAL Street 88A). New Gurgaon is gaining prominence in Gurugram’s expanding residential landscape, with infrastructure development, regional connectivity and new residential communities shaping the evolution of…

AFC Furniture Solutions, country’s leading modular furniture solutions company, is eyeing a 30 percent growth in its Pune business in FY 2026-27. The company expects growth from the city’s expanding Global Capability Centres (GCC), IT/ITeS and managed workspace sectors. Last year, the company prioritised focus on large-volume corporate fit-outs, faster project execution and modular furniture solutions for businesses centered around Hinjewadi, Kharadi, Baner-Balewadi and other commercial hubs in and around Pune. AFC’s growth is timed with Pune’s own fast paced expansion as the city continues to attract multinational technology companies, financial services firms and engineering-led GCCs. The city recorded approximately…