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

BNW Developments Aims for ₹20,000 Crore in Projects Next Year

UAE-based BNW Developments, co-founded by Ankur Aggarwal and Vivek Anand Oberoi, aims to launch projects valued at ₹20,000 crore next year. The firm has already initiated projects totaling ₹10,000 crore and manages a portfolio of 30 projects. It seeks to introduce 10 to 15 additional projects by the next year. “We are acquiring ready-to-move-in properties in Dubai and refurbishing them for resale. There is a noticeable demand-supply gap in the region, making these projects vital,” stated Ankur Aggarwal, Chairman and Founder of BNW Developments. Recently, the company partnered with FashionTV to develop a branded residential project on Al Marjan Island…

IndustryLatest Stories

IFC Invests $150M in HDFC Capital’s H-DREAM Fund

Representative image created by AI NEW DELHI: The International Finance Corporation (IFC) has pledged up to $150 million as a leading equity investor in the H-DREAM Fund, a private credit initiative worth $1 billion aimed at advancing the development of sustainable, affordable, and mid-income housing in urban India. The H-DREAM Fund is managed by HDFC Capital Advisors, the private equity division of HDFC Group and a subsidiary of HDFC Bank. With an initial capital of $500 million and an additional $500 million green shoe option, H-DREAM’s goal is to attract long-term investments from both global and domestic institutional investors. The…

IndustryLatest Stories

NBCC India’s Q1 FY26 Net Profit Climbs 25.97%

NEW DELHI: NBCC (India) reported a 25.97% increase in net consolidated profit for the quarter ending June 30, 2025, with a profit after tax of ₹135.03 crore in Q1 FY26, up from ₹107.19 crore during the same quarter last year, as per their BSE filing. The company’s net consolidated total income for Q1 FY26 reached ₹2,465.48 crore, marking a 12.26% rise from ₹2,196.20 crore in the equivalent quarter of the previous year. The board declared a first interim dividend of ₹0.21 per share (face value of ₹1) for the financial year 2025-26. Published on Aug 8, 2025, at 09:29 AM…

IndustryLatest Stories

Meghalaya Cabinet Endorses Reforms in Building By-Laws

SHILLONG: In a bid to enhance the ease of doing business, the Meghalaya Cabinet approved amendments to the building bylaws 2025 on Thursday. This will initiate a streamlined online building permission system effective from August 11. The Cabinet also endorsed significant reforms to the Meghalaya Civil Services (MCS) examination format and delegated new financial powers to the District Council Affairs (DCA) department. “Under the updated bylaws, all building permit applications must be submitted online,” announced Chief Minister Conrad K. Sangma, who led the meeting. He added, “For low-risk buildings—both residential and commercial—with a built-up area ranging from 2,500 to 3,000…

IndustryLatest Stories

Signature Global India Q1 FY26 Net Profit at ₹34.43 Crore

NEW DELHI: Signatureglobal (India) has reported a consolidated net profit after tax of ₹34.43 crore for the quarter ending June 30, 2025, a significant increase from ₹6.79 crore in the same quarter last year, according to a BSE filing. The company’s total net consolidated income for Q1 FY26 reached ₹898.35 crore, marking a 109.90% growth from ₹427.98 crore recorded in the same period last year. Pradeep Kumar Aggarwal, chairman and whole-time director of the company, stated, “Capitalizing on the strong momentum from FY25, we achieved impressive performance in the first quarter of FY26, with our operational revenue doubling year-on-year.” The…

IndustryLatest Stories

RBI Holds Interest Rate Steady at 5.5%

MUMBAI: The Reserve Bank of India (RBI) has maintained the policy rate at 5.5% following three consecutive interest rate cuts, citing concerns over tariff fluctuations. In the announcement of the third bi-monthly monetary policy for the fiscal year, RBI Governor Sanjay Malhotra shared that the growth rate forecast for FY26 remains at 6.5%. The Monetary Policy Committee (MPC) unanimously opted to keep the short-term lending rate, or repo rate, steady at 5.5% with a neutral stance. Regarding inflation, the RBI Governor reduced the projection for the current financial year to 3.1%, down from the previous estimate of 3.7%. Since February…

IndustryLatest Stories

RBI Keeps FY26 Growth at 6.5%, Lowers Inflation to 3.1%

MUMBAI: The Reserve Bank of India announced on Wednesday that it is maintaining its GDP growth forecast for the current fiscal year at 6.5%, while reducing its inflation projection from 3.7% to 3.1%. During the release of the third bi-monthly monetary policy for 2025-26, RBI Governor Sanjay Malhotra noted that the favorable southwest monsoon, declining inflation, increasing capacity utilization, and supportive financial conditions are all contributing positively to domestic economic activity. The combination of strong monetary, regulatory, and fiscal policies, alongside significant government capital spending, is expected to drive demand. The services sector is predicted to maintain robust growth, particularly…

IndustryLatest Stories

SEIAA & SEAC Dissolution Delays Delhi Environmental Approvals

NEW DELHI: The dissolution of the State Level Environment Impact Assessment Authority (SEIAA) and the State Level Expert Appraisal Committee (SEAC) has resulted in delays in the issuance of environmental clearances, according to a builder’s statement to the National Green Tribunal (NGT) on July 31. In an affidavit to the NGT, the Delhi Pollution Control Committee (DPCC) noted that the state is unable to issue environmental clearances because both authorities are currently inactive. Consequently, the Union Ministry of Environment is now responsible for granting these clearances. The NGT is reviewing a plea from a builder who applied for environmental clearance…

IndustryLatest Stories

SEIAA & SEAC Dissolution Delays Delhi’s Environmental Approvals

NEW DELHI: A builder informed the National Green Tribunal (NGT) on July 31 that the dissolution of the State Level Environment Impact Assessment Authority (SEIAA) and the State Level Expert Appraisal Committee (SEAC) has resulted in delays in obtaining environmental clearances. In an affidavit to the NGT, the Delhi Pollution Control Committee (DPCC) mentioned that environmental clearances cannot be issued at this time due to the defunct status of these two authorities. Currently, these clearances are being issued by the Union environment ministry. The NGT is reviewing a plea from a builder who applied for environmental clearance (EC) in February…

IndustryLatest Stories

Lavasa’s Rebids Approved as Creditors Extend Timeline

Creditors of the financially troubled Lavasa Corporation have opted to prolong the resolution timeline, allowing bidders another opportunity to enhance their bids for the real estate project. This extension was prompted by Valor Estate, which submitted an improved proposal after the initial deadline, according to sources familiar with the situation. Lenders plan to reconvene on Friday to determine the new deadline for all bidders, likely extending it by two months from the original August 29 deadline, they indicated. “Following extensive discussions, the lenders have agreed that the Valor bid should be considered, necessitating another chance for other bidders to adjust…