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

Kolte-Patil Q2 FY26 Pre-Sales Fall 13% to ₹670 Crore

NEW DELHI: Kolte-Patil Developers Ltd has reported a 13% decline in sales bookings, amounting to Rs 670 crore for Q2 of this fiscal year, attributed to reduced area sold amidst declining demand in the Indian residential sector. In the same period last year, sales bookings were ₹770 crore. According to a regulatory filing from the Pune-based firm, sales volumes fell by 17%, totaling 0.86 million square feet in the July-September quarter compared to 1.03 million square feet the previous year. In the first half of the fiscal year, the company’s sales bookings decreased by 13% to Rs 1,286 crore, down…

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Oberoi Realty Q2 FY26 Profit Up 29% to ₹760.26 Crore

NEW DELHI: Oberoi Realty announced a 29% increase in consolidated profit, reporting Rs 760.26 crore for the second quarter of this fiscal, attributed to higher revenues. This compares to a net profit of Rs 589.44 crore in the same period last year. For the July-September quarter of 2025-26, total income surged to Rs 1,844.84 crore, up from Rs 1,358.62 crore during the corresponding period of the previous fiscal year, according to a regulatory filing from Oberoi Realty. Based in Mumbai, Oberoi Realty is a leading player in the real estate sector, primarily focusing on luxury housing. Published On Oct 16,…

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NAREDCO Elects Parveen Jain as President, Hiranandani as Chair

NEW DELHI: The National Real Estate Development Council (NAREDCO) has appointed Parveen Jain as its new president and Niranjan Hiranandani as chairman. Parveen Jain, who is also the founder and managing director of Tulip Infratech, stated, “Our focus will be on promoting transparency, supporting progressive policy reforms, and enabling sustainable growth that aligns with India’s broader economic vision. NAREDCO will continue to serve as a bridge between the government and the real estate sector, ensuring responsible and inclusive growth.” Jain has previously served as president of NAREDCO – National from 2015 to 2017 and has held the position of president…

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Tribeca Developers repays ₹200 crore in construction loan

NEW DELHI: Tribeca Developers has repaid a ₹200 crore construction finance facility ahead of schedule, which was raised for its Mumbai project, The Edge. The company operates in six Indian cities and has launched or delivered over six million sq ft of real estate, accumulating a total revenue exceeding ₹7,000 crore. In FY25, Tribeca Developers achieved sales exceeding ₹4,000 crore. Published On Oct 15, 2025 at 12:34 PM IST Become part of a community with over 2M industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Access all ETRealty industry updates right on…

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Chamarajanagar Land Prices Surge with Better Connectivity, Industry

MYSURU: Property prices in private layouts around Chamarajanagar city have been rising steadily over recent years. This trend is largely due to improved connectivity, the establishment of new industries in the Badanaguppe-Kellamballi Industrial Area, and delays in site allocation by the Chamarajanagar Urban Development Authority (CUDA). In the first phase of developing the Badanaguppe-Kellamballi Industrial Area, the state government acquired approximately 1,500 acres of land a decade ago, compensating landowners at Rs 20 lakh per acre. Three years prior, CUDA secured an additional 1,100 acres for the second phase of development in the Kellamballi-Badanaguppe area, offering compensation of Rs 43…

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Embassy Group pays off ₹1,748 crore debt

NEW DELHI: Embassy Group has successfully repaid ₹1,748 crore in non-convertible debentures (NCDs), using funds from the WeWork India IPO offer for sale to lower its group-level debt. Jitendra Virwani, the company’s chairman, stated, “This debt repayment not only strengthens our financial stability but also highlights our ongoing commitment to a solid and sustainable financial framework.” This move has also reduced the group’s stake in WeWork India to 15%. Over the years, it has fully settled its ₹1,600 crore debt with Samaan Capital. Published On Oct 15, 2025 at 03:33 PM IST Join a community of over 2M industry professionals.…

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Ahmedabad body auctions Chandkheda plot, includes service road

AHMEDABAD: Different departments within the Ahmedabad Urban Development Authority (Auda) appear to be making significant decisions without proper communication. A notable instance of this miscommunication is a recent land deal. One year after auctioning 21,685 sq m of prime land next to the SP Ring Road in Chandkheda for ₹166 crore, officials in the estate department discovered that their counterparts in the town planning department had already designated part of that land for a 9m wide service road. In response to this oversight, Auda officials hurried to rectify the situation. During the board meeting on September 30, they proposed granting…

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One Prastha Realty secures ₹80 crore from Capri Global for project

NEW DELHI: One Prastha Realty, a real estate developer, has secured ₹80 crore in debt financing from Capri Global to support its integrated township project spanning 57 acres in Sonipat, Haryana. The company has successfully completed an 8.5-acre residential project in Sonipat and has now acquired 57 acres of land for a large-scale township development featuring residential plots and villas, as stated in the company announcement on Tuesday. Somesh Mittal, Co-Founder of One Prastha, noted the significant demand for residential plots in the Sonipat area, driven by infrastructure growth and improved connectivity to Delhi and Gurugram. “We see this not…

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Godrej Properties buys 26 acres of land in Bengaluru

Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired a 26-acre land parcel in South Bengaluru, near Sarjapur Road. Gaurav Pandey, MD & CEO, remarked, “As Bengaluru solidifies its reputation as one of India’s most vibrant real estate markets, the Sarjapur Road corridor emerges as a pivotal growth zone in the city’s urban landscape.” GPL intends to develop a premium residential project on this land, projecting a revenue potential of ₹1,100 crore. Published On Oct 15, 2025 at 08:37 AM IST Join a community of over 2 million industry professionals. Subscribe to our Newsletter for the latest insights &…

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CCI Approves Vedanta’s Bid for Jaiprakash Associates

NEW DELHI: The Competition Commission of India (CCI) announced on Tuesday that it has granted in-principle approval for mining giant Vedanta’s proposal to acquire the financially troubled Jaiprakash Associates, contingent upon winning the ongoing insolvency auction. Besides Vedanta, the CCI has also approved acquisition proposals from Jindal Power, PNC Infratech, Adani Group, and Dalmia Bharat for Jaiprakash Associates. “The proposed transaction involves the acquisition of Jaiprakash Associates Ltd (JAL) by Vedanta Ltd (the acquirer) as part of a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016,” stated the regulator in an official release. The CCI confirmed…