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

Bengaluru Property Work Stalled by e-Khata Delays

BENGALURU: The implementation of e-Khata, a digital property document system designed for property sales, building approvals, and ownership regularization, is facing significant hurdles in Bengaluru. Launched citywide in 2024 and accessible via Bruhat Bengaluru Mahanagara Palike (BBMP) offices, Bengaluru One centres, and public drives, this system aimed to streamline property documentation and safeguard against fraud. However, residents are experiencing severe delays attributed to server outages, document mismatches, and insufficient options for correcting errors in draft e-Khatas. While approximately 25 lakh properties are listed with draft e-Khatas online, only 5.34 lakh have received official approval to date. Without a reliable process…

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UP Cabinet to Announce Revised Bylaws for Vertical Development

LUCKNOW: The state government is set to announce revised building bylaws designed to facilitate swift urbanization and bolster economic activities, promoting vertical development. Sources indicate that the housing department has submitted its final proposal to the government, which is anticipated to be discussed in the upcoming cabinet meeting. The updated rules will enable property owners to optimize use of available land space. Officials report that over 1,000 objections and suggestions were reviewed, with some affecting the final draft. The state has amended the building construction and development bylaws since their establishment in 2008, aiming to align with stakeholder expectations. As…

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Domestic Investment in Indian Real Estate Soars 53% to $1.4B

Here’s a rewritten version of your content: — New Delhi: In the first half of 2025, India’s real estate sector drew in USD 3 billion in institutional investments, of which nearly half (48%) came from domestic investors, according to recent data from Colliers. Although total inflows saw a 15% year-on-year decline, domestic capital surged by 53% to USD 1.4 billion, acting as a vital cushion against decreasing foreign investments. Domestic investments, which traditionally took a back seat, have risen significantly from just 16% of total investments in 2021 to nearly half in H1 2025. Conversely, foreign investments fell 39% year-on-year…

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NCR Sees 7.2M Sq Ft Office Leasing in H1 2025

NEW DELHI: The National Capital Region (NCR) has outshined other Indian cities in both commercial and residential real estate during the first half of 2025, achieving a record 7.2 million sq ft of office space leased and a significant increase in ultra-luxury home sales, as reported by Knight Frank India. Office Market: Record Leasing Momentum in NCR NCR’s office leasing rose by 27% year-on-year, reaching an unprecedented high and signaling the region’s growing status as a commercial hub. Gurugram, recognized as NCR’s corporate focal point, represented a remarkable 65% of total office leasing, a notable increase of 900 basis points…

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Real Estate Firms Triple Capital Raised in FY25: Equirus Capital

NEW DELHI: Capital mobilization by real estate firms has more than tripled in FY25, reaching ₹3,28,526 million, up from ₹1,09,554 million in FY24, as reported by Equirus Capital. The number of transactions rose significantly from 5 to 17 during the same period. Large-cap companies led the fundraising efforts, raising ₹3,93,898 million, followed by REITs at ₹3,12,012 million. Small-cap and mid-cap firms gathered ₹66,938 million and ₹52,626 million, respectively. According to Equirus Capital, returns from Real Estate Investment Trusts (REITs) were at 17.9% for the 12-month period ending June 23, 2025—nearly three times the Sensex’s returns of 6.1%. In contrast, publicly…

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Raymond Realty to List on Exchanges, Forecasts Over 20% Growth

File Photo NEW DELHI: Raymond Realty (RRL), the real estate division of Raymond Group, is set to debut on Indian stock exchanges after its demerger from Raymond. The goal of this listing is to enhance shareholder value by forming a focused, debt-free real estate entity. Harmohan Sahni, MD & CEO of the company, stated, “Our net debt-free balance sheet, ownership of 100 acres of land, and a capital-efficient joint development model position us for sustainable annual growth of over 20% and an industry-leading ROCE exceeding 20%.” RRL operates under three residential brands: TenX, The Address by GS, and Invictus. The…

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Keystone Realtors to Redevelop 25 GTB Nagar Buildings

AI-generated Representative Image NEW DELHI: Keystone Realtors has successfully obtained the letter of acceptance (LOA) for redeveloping 25 buildings of Sindhi refugees at Guru Teg Bahadur Nagar (GTB Nagar) in Sion Koliwada, Mumbai, in collaboration with the Maharashtra Housing and Area Development Authority (MHADA). The redevelopment spans approximately 11.19 acres (45,308 sq. meters) and aims to benefit over 1,400 families. This project is expected to generate a saleable area of about 20.7 lakh sq. feet, with a projected gross development value (GDV) of ₹4,521 crore. Boman Irani, Chairman and Managing Director of Keystone Realtors, expressed, “We are honored to receive…

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Pune Extends Property Tax Discount Deadline to July 7

PUNE: The Pune Municipal Corporation (PMC) has extended the deadline for property tax payments at discounted rates to July 7, an extension from the original June 30 deadline. According to PMC officials, citizen facilitation centers (CFCs) are available for residents to pay taxes in person. “We have also launched an online payment facility for taxpayer convenience. Property owners are encouraged to pay their taxes on time to avoid last-minute congestion,” stated Avinash Sapkal, head of the property tax department. The PMC offers property owners a 5-10% discount if taxes are paid by May 31. This year, due to delays in…

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Gujarat Waives 80% Duty on Property Transfers Without Sale Deeds

GANDHINAGAR: In a significant relief for numerous property owners in Gujarat, the state government announced on Monday a stamp duty waiver of up to 80% for property transfers executed through allotment letters and share certificates, bypassing the need for a sale deed. This issue has long impacted older housing societies. The decision, released by the revenue department under Section 9A of the Gujarat Stamp Act, addresses requests from citizens and elected officials. The new ruling specifically benefits residents of societies, associations, and non-trading corporations that transferred properties without sale deeds — a common practice from 1982 to 2001. Many residences,…

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Kalpataru Shares Debut Flat, Surge Over 9% Later

NEW DELHI: Shares of real estate developer Kalpataru Ltd had a flat debut on Tuesday, opening at the issue price of Rs 414 but later rallied by over 9%. The stock began trading at Rs 414.10 on the BSE and gained momentum, increasing by 9.42% to reach Rs 453. On the NSE, it was listed at Rs 414, before climbing 9.37% to Rs 452.80. The company had a market valuation of Rs 9,121.99 crore in early trading. Kalpataru Ltd’s initial public offering (IPO) was subscribed 2.26 times by the end of bidding last Thursday. The IPO’s price band was set…