Realty NXT

10/06/2026

| Mirae Asset Venture Investment is set to lead a $25 million funding round in Mumbai-based wealth management startup Nexedge Capital. Founded in 2025 by former 360 One executive Aniruddha Taparia, Nexedge is raising its first institutional funding round as it expands its presence in the ultra-high-net-worth segment. The firm currently manages assets worth ₹23,000 crore ($2.41 billion) for over 1,200 families and employs 175 professionals, including 82 bankers.

[Nexedge Capital, Mirae Asset, Wealth Management, Funding Round, Aniruddha Taparia, UHNI, Investment]

10/06/2026

| ED attached assets worth Rs 100 crore linked to Jaypee entities while probing alleged diversion of homebuyer funds collected for Wish Town. The investigation also examines transactions involving associated firms as scrutiny intensifies over stalled projects, unfinished flats and alleged money laundering activities

https://realtynxt.com/residential-news/2026-06-10/ed-attaches-rs-100-cr-assets-of-jaypee-linked-entities-amid-ongoing-money-laundering-probe

Agency investigates alleged financial irregularities connected to housing projects.

10/06/2026

The Cabinet Committee on Economic Affairs has approved a ₹3,936.05 crore project to upgrade the 143.529-km Khagaria–Purnea section of NH-31 and NH-231 in Bihar to four lanes under the BOT (Toll) mode. The project includes a 6.729-km Greenfield Purnea Bypass and aims to reduce travel time to around two hours. Connecting key cities including Khagaria, Bhagalpur, Katihar and Purnia, the corridor will improve logistics, road safety and regional connectivity while linking economic nodes, railway stations and Purnea Airport. The project is expected to generate over 73 lakh person-days of employment.

[NH-31, NH-231, Bihar Highway Project, Khagaria Purnea Corridor, NHAI, Road Infrastructure, PM Gati Shakti]

10/06/2026

| Afcons Infrastructure has secured a ₹5,301 crore contract from Vadhvan Port Project Limited to construct a 10.14-km breakwater at the upcoming Vadhvan Port in Maharashtra. Upon completion, it will become the world's second-longest breakwater. The project is a key component of the ₹76,220 crore Vadhvan Port development and is expected to strengthen India's maritime infrastructure and global trade capabilities. Afcons said the project reflects India's growing expertise in delivering large-scale and complex infrastructure projects.

[Afcons Infrastructure, Vadhvan Port, Maharashtra, Breakwater, Port Infrastructure, Maritime Development, Jawaharlal Nehru Port Authority]

10/06/2026

| Pune's ₹56,000 crore ring road transformation is no longer just a plan on paper. With the 173-km Outer Ring Road and the 83-km Inner Ring Road progressing simultaneously, the city is gearing up for one of its biggest infrastructure upgrades aimed at easing congestion and improving regional connectivity.

With over 98% land acquisition completed for the Outer Ring Road and construction already underway across multiple packages, the project is expected to enhance access to key growth corridors including Hinjewadi, Chakan, and the airport region, potentially reshaping how Pune moves by the end of this decade.

[Pune Ring Road, Pune Outer Ring Road, Pune Inner Ring Road, MSRDC, PMRDA, Pune Infrastructure]

10/06/2026

|Zepto founders Aadit Palicha and Kaivalya Vohra were summoned by the Enforcement Directorate under FEMA proceedings as the quick commerce firm prepares for its proposed ₹10,000 crore IPO. The agency sought details on foreign investments, financial records, shareholding patterns, and business operations. Zepto said the founders have submitted all requested documents and have not received any further communication. The company also highlighted regulatory uncertainty around FDI and e-commerce marketplace rules as a potential business risk.

[Zepto, ED, FEMA, IPO, Quick Commerce, FDI, Regulatory Compliance]

10/06/2026

| A Supreme Court PIL has alleged that JKM Infra and debt settlements through ARCs caused over Rs 1,500 crore in public sector bank exposure. The petition seeks investigations by CBI, ED, RBI, SEBI and SFIO while citing forensic audit findings and regulatory inaction allegations.

https://realtynxt.com/regulations/2026-06-10/supreme-court-pil-seeks-probe-into-alleged-jkm-infra-arc-debt-settlement-transactions-process

PIL Raises Questions Over Debt Recovery Practices And Regulatory Oversight Across Banking Framework

10/06/2026

| UK builder Bellway maintained its 2026 profit and volume targets despite rising energy costs, mortgage pressure and slowing demand. Private reservations declined 6.2%, while the company warned ongoing geopolitical tensions and construction cost inflation continue creating uncertainty across the UK housing market .

https://realtynxt.com/international/2026-06-10/bellway-holds-volume-goals-despite-geopolitical-pressures-housing-slowdown

UK housing market faces pressure from rising energy costs and mortgage rate uncertainty amid volatility

10/06/2026

| Mygate has raised ₹225 crore from Dharana Capital, which acquired a 12–14% stake in the community management and security platform. The funding will support expansion across gated communities, strengthen technology and product capabilities, and help Mygate reach 10 million homes. The investment follows a strong FY25 performance, with revenue rising 80% to ₹173.5 crore and net losses narrowing by 61%. Mygate currently serves over 27,000 residential communities and 5.7 million households across India.

[ Mygate, Dharana Capital, Funding, PropTech, Community Management, Startup Funding, Residential Communities]

10/06/2026

| Morningstar expands at Wadhwa Group’s Vishwaroop IT Park with a 9-year lease, boosting Mumbai’s office market momentum.

https://realtynxt.com/commercial-news/2026-06-10/wadhwa-group-signs-9-year-commercial-lease-as-morningstar-expands-mumbai-operations

Morningstar expands its Mumbai footprint through a long-term lease at Vishwaroop IT Park.