Category: Industry

Explore updates on Industry real estate focusing on warehouses, logistics parks, and manufacturing hubs. Learn about infrastructure development, market demand, rental yields, and investment opportunities shaping this fast-growing segment.

IndustryLatest Stories

Kalpataru’s Q2 FY26 Sales Bookings Rise 19% to ₹1,329 Crore

NEW DELHI: Realty company Kalpataru Ltd announced a 19% increase in sales bookings, reaching Rs 1,329 crore in the second quarter of this fiscal year, driven by strong housing demand. The sales bookings, or pre-sales, were Rs 1,117 crore during the same period last year. In its regulatory filing, Kalpataru Ltd reported a 43% rise in sales bookings, totaling Rs 2,577 crore in the first half of this fiscal compared to Rs 1,799 crore during the corresponding period of the previous year. Based in Mumbai, Kalpataru Ltd is recognized as one of the leading real estate developers in the country.…

IndustryLatest Stories

Arkade Developers Q2 FY26 Profit Rises 6% to ₹45.8 Crore

NEW DELHI: Arkade Developers Ltd has reported a 6% increase in consolidated net profit, reaching ₹45.80 crore for the quarter ending in September, driven by higher revenue. In the same quarter last year, the net profit was ₹43.36 crore. Total income rose to ₹264.82 crore in the July-September quarter of this fiscal year, up from ₹203.33 crore during the same period last year, according to a regulatory filing. Mumbai-based Arkade Developers has successfully delivered over 5.5 million square feet of property, with another 2 million square feet currently under construction. Published On Oct 17, 2025 at 10:31 AM IST Join…

IndustryLatest Stories

M3M India to Invest ₹2,100 Crore in Noida’s Jacob & Co. Residences

NEW DELHI: M3M India has announced a ₹2,100 crore investment to develop the Jacob & Co. Residences in Noida. The project will be situated on six acres in Noida’s central business district and is expected to generate a topline of around ₹3,500 crore. This development marks the entry of the Jacob & Co. branded residential concept into India. The company aims to complete the project within three years. The development will be implemented in two phases: the first phase will feature 150 branded residences, while the second phase will include approximately 100 ultra-luxury serviced residences. Apartments will be available in…

IndustryLatest Stories

Technical Team Evaluates Maradu Flats Site

Sure! Here’s a rewritten version of your content: File Photo KOCHI: In line with the Supreme Court’s ruling on the Maradu flat demolition, a team of technical experts from the Kerala Coastal Zone Management Authority (KCZMA) conducted a thorough inspection of the site on Thursday. They assessed the condition of the areas where the demolished apartments were located, alongside adjacent regions. The expert team comprised KCZMA personnel, district urban planning officials, and Maradu municipality engineers. Their objective was to evaluate potential violations of the Coastal Regulation Zone (CRZ), examine the status of nearby water bodies, and review land restoration efforts.…

IndustryLatest Stories

Hiranandani Acquires Land in Andheri, Mumbai

Representative image Realty developer House of Hiranandani has secured an acre of land in Mumbai’s Andheri East as part of its strategy to enhance its commercial real estate presence in the city’s evolving office market. The company plans to invest over Rs 500 crore in developing a premium commercial tower on this site. The project is projected to offer around 400,000 sq ft of leasable space, with construction set to commence within three to six months, pending regulatory approvals. This development aims to meet the increasing demand for Grade A office spaces in Mumbai’s western suburbs, fueled by strong occupier…

IndustryLatest Stories

Builders Seek RERA Clarity as Andhra Pradesh Real Estate Revives

VIJAYAWADA: The real estate sector in Andhra Pradesh is experiencing a resurgence, with developers eager for the Real Estate Regulatory Authority (Rera) to enhance transparency and protect the interests of homebuyers and builders alike. Recent months have seen a surge in construction activity, especially in urban areas, fueled by improved infrastructure and rising investor confidence. According to guidelines, all housing projects must register with Rera prior to construction commencement. Authorities have indicated that non-compliance will lead to significant penalties, a move designed to protect buyers from misleading promotions while ensuring that developers adhere to approved plans and timelines. Several ongoing…

IndustryLatest Stories

Maharashtra: Only 31% Builder Recovery Warrants Executed, Buyers Upset

PUNE: Homebuyers across Maharashtra are expressing their dissatisfaction with the slow progress on recovery warrants issued against non-compliant builders by MahaRERA, with only 31% of cases resolved to date. Despite a directive from the state government to hasten the process, officials revealed that only ₹243 crore has been recovered from the ₹760 crore owed in 1,212 cases. The slow recovery stands in stark contrast to revenue minister Chandrashekhar Bawankule’s promise during the state budget session to eliminate the backlog within three months. Recovery warrants, issued under Section 40(1) of the Real Estate (Regulation and Development) Act (RERA), authorize district administrations…

IndustryLatest Stories

Mahindra Logistics Secures 4.75 Lakh Sq Ft Warehouse in Kolkata

Mahindra Logistics Ltd, part of the Mahindra Group’s logistics and supply chain services, has secured over 4.75 lakh sq ft of warehousing space in Howrah district, near Kolkata, through a long-term lease. This transaction is one of the largest logistics leases in eastern India in recent years. The new lease agreement is for a warehouse in Subharara, Howrah, commencing on April 1, 2025, with a duration of 9 years and 9 months. The monthly rental cost for the space is Rs 97.72 lakh, equating to Rs 20.60 per sq ft. Additionally, a security deposit of Rs 2.93 crore is included,…

IndustryLatest Stories

Railways to Lease Prime Mumbai Land Worth Crores

MUMBAI: India’s largest landowner is leasing prime real estate across the country to fund infrastructure projects. In September, Indian Railways, via its land development authority (RLDA), called for bids to generate at least Rs 8,000 crore by leasing significant land areas in Mumbai. The RLDA plans to offer around 10.11 hectares in four key locations in Mumbai’s bustling real estate market. These Mumbai plots are part of nearly 340 hectares the RLDA intends to lease to private entities nationwide. The railways aim to lease approximately 110 hectares in Mumbai gradually. Land slices have been identified for auction in upscale areas…

IndustryLatest Stories

Maharashtra Panel Proposes Cancelling Membership for Flat Owners Blocking Redevelopment

PUNE: Homeowners who continue to obstruct self-redevelopment after exhausting all legal avenues may face membership revocation, as suggested by a state-appointed study group. The panel, led by MLC Pravin Darekar, emphasized that while objections are a member’s right, persistent resistance following majority approval of a redevelopment plan constitutes holding the entire society at ransom. The report proposed that if a minimum of 51% of society members approve a redevelopment resolution (validated by the deputy registrar, cooperative court, or even the High Court), that decision should be obligatory for everyone. Dissenters would then need to vacate their flats to facilitate the…