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.

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Embassy Developments Reports ₹152.61 Crore Loss in Q2 FY26

NEW DELHI: Embassy Developments (EDL) disclosed a net consolidated loss after tax of ₹152.61 crore for the quarter ending September 30, 2025, as per their BSE filing. Their net consolidated income for Q2 FY26 was ₹536.90 crore. For the quarter and the half-year, the company secured ₹44.99 crore and ₹1,205.64 crore respectively in share warrant money, with shares allocated accordingly. Furthermore, during this quarter, they received an additional ₹7.10 crore in share warrant money, pending share allocation. “All ongoing projects are on track, with the successful completion of two legacy developments in Vizag and Thane. This progress will soon reflect…

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Godrej Properties Q2 FY26 Net Profit Rises 20.73%

NEW DELHI: Godrej Properties (GPL) has recorded a 20.73% increase in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax reached ₹402.99 crore in Q2 FY26, up from ₹333.79 crore in the same quarter last year, as stated in a BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹1,950.05 crore, reflecting a growth of 44.82% compared to ₹1,346.54 crore in the previous fiscal year’s quarter. Pirojsha Godrej, executive chairperson, remarked, “The ₹6,000 crore raised through a QIP last year, alongside our operational cash flow, will empower us to continue investing…

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Ajmera Realty Q2 FY26 Net Profit Falls 14.09%

NEW DELHI: Ajmera Realty & Infra India reported a 14.09% decline in net consolidated profit for the quarter ending September 30, 2025. Profit after tax and non-controlling interest was ₹30.37 crore in Q2 FY26, down from ₹35.35 crore in the same quarter of the previous fiscal year, according to a BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹221.01 crore, reflecting an 8.30% increase from ₹204.08 crore in the corresponding quarter last year. In the reported quarter, sales value rose 48% year-on-year to ₹828 crore, sales volume increased 20% year-on-year to 2,93,016 sq ft, and collections…

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Officials Regain Key Land in Malavalli After HC Ruling

Sure! Here’s a rewritten version of that content: MANDYA: In a significant development, officials took possession of 2.3 acres of valuable land in the heart of Malavalli town on Tuesday. This prime property, valued at over Rs 50 crore, was reclaimed by the City Municipal Council (CMC) following a ruling from the High Court. Lokesh, the tahsildar of Malavalli taluk, stated, “According to a court order dated October 10, this land was previously under the control of the family of former Union minister MV Chandrashekara Murthy. The High Court’s verdict granted ownership to the CMC. The operation commenced at 7:30…

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New Noida Project Land Acquisition to Start Soon

Representative image NOIDA: The process of land acquisition for New Noida, set to be the upcoming industrial township, is about to commence. Officials report that the Noida Authority is finalizing the compensation plan for farmers in the Dadri–Noida–Ghaziabad Investment Region (DNGIR). The Authority will appoint officials to manage acquisition efforts across 80 identified villages in Gautam Budh Nagar and Bulandshahr districts. As one official explained, “The land acquisition will utilize a hybrid model that includes direct purchase, mutual consent, and land pooling to promote farmer involvement and ensure transparency throughout the process.” New Noida will cover approximately 209 square kilometers…

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HMDA to Auction 44 Acres in Kokapet, Moosapet for ₹5,000 Cr

HYDERABAD: Following the Telangana State Industrial Infrastructure Corporation’s (TSIIC) record land auctions in Raidurg, the Hyderabad Metropolitan Development Authority (HMDA) has announced plans for e-auctions of 44 acres of government land in Kokapet and Moosapet, aiming to generate approximately ₹5,000 crore in revenue. The HMDA has set the minimum bid price at ₹99 crore per acre for the Neopolis layout in Kokapet, ₹70 crore per acre for the Golden Mile layout also in Kokapet, and ₹75 crore per acre in Moosapet. This will be the third phase of auctions in Neopolis and the second phase in Golden Mile. Auctions for…

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Notices Sent to 170 Trichy Site Owners for Poor Upkeep

Representative Image TRICHY: The Trichy corporation has initiated a campaign to identify neglected vacant plots in residential areas and locate property owners to issue notices according to the Tamil Nadu Public Health Act of 1939. So far, the local authority has sent out 170 notices, urging property owners to remove overgrown weeds and level their land to prevent water stagnation during the monsoon. Due to a lack of regular maintenance, shrubs often conceal these properties, and neighbors frequently use the abandoned sites as dumping grounds. Residents and large waste generators are also reported to use vacant lots along major roads…

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Noida & Ghaziabad Stamp Services Paused Nov 8-11 for Migration

NOIDA: Property registrations in Noida and Ghaziabad will be halted for four days next week as the Stamp and Registration Department’s online portal undergoes a significant server migration. The department’s operations will transition from the NIC-operated Meghraj cloud to the National Govt Cloud (NGC) from November 8 to 11, as directed by the inspector general of registration in Uttar Pradesh. Assistant Inspector General of Registration-II, Brijesh Kumar, stated that this temporary suspension is essential for enhancing efficiency and data security. He noted that the migration aims to bolster system reliability and facilitate quicker, safer online transactions in the future. “We…

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Maharashtra Cabinet Makes 21 Decisions, Scraps Asset Firm

MUMBAI: In an unprecedented move, the Maharashtra cabinet made 21 decisions in its Tuesday meeting, which included the dissolution of the state’s asset reconstruction company, Maha ARC Ltd., and the approval of a Rs 2,000 crore HUDCO loan guarantee for a transport corridor. The decisions were made shortly before State Election Commissioner Dinesh Waghmare announced that elections for 246 municipal councils and 42 nagar panchayats in Maharashtra are set for December 2, with vote counting scheduled for December 3. An official statement from the Chief Minister’s Office (CMO) confirmed that the Finance Department’s proposal to close Maha ARC Ltd was…

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M3M India to Invest ₹7,200 Crore in Delhi Integrated City

NEW DELHI: M3M India is set to invest around ₹7,200 crore to create Gurgaon International City (GIC) on the Dwarka Expressway Link Road in New Delhi. This integrated township, spread over 150 acres with plans for expansion to 200 acres, is projected to generate a revenue of approximately ₹12,000 crore. Pankaj Bansal, the company’s promoter, stated, “Our vision is to draw global corporations and enterprises that epitomize future innovation and sustainable growth.” The initial phase of Gurgaon International City (GIC), covering 50 acres and already RERA-approved, will feature 300 plots. The development will comprise data centers, innovation parks, EV hubs,…