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

Ashiana Housing Q3 FY26 Net Profit at ₹56.65 Crore

NEW DELHI: Ashiana Housing has reported a net consolidated profit after tax of ₹56.65 crore for the quarter ending December 31, 2025, according to a BSE filing. This is a significant increase from the profit after tax of ₹10.85 crore recorded in the same quarter of the previous fiscal year. The company’s net consolidated total income for Q3 FY26 was ₹373.35 crore, compared to ₹139.93 crore in the corresponding quarter last year. As of December 31, 2025, the company’s net worth was ₹847.30 crore, with a debt-equity ratio of 0.38. The current liability ratio stood at 0.88, while the total…

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Karnataka Raises Build Limits for Industrial Plots

Sure! Here’s a revised version of the content: BENGALURU: On Monday, the Karnataka government approved a significant increase in the permissible built-up area on its industrial land. This policy change aims to enhance land utilization in KIADB regions and attract further investments. The state has raised the allowable ground coverage for industrial plots from 65% to 75%. “Previously, only 65% of the land could be utilized for construction, leaving 35% dedicated to setbacks and parking. We have revised this to 75%. There was a clear demand from the industry for better land use, and our assessment indicates that the city…

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Embassy Developments Q3 FY26 Loss Widens to ₹234 Crore

NEW DELHI: Realty firm Embassy Developments Ltd reported a consolidated net loss of ₹233.71 crore for the quarter ending in December. This contrasts with a net loss of ₹26.54 crore during the same period last year. Total income decreased to ₹264.01 crore in the third quarter of this fiscal year, down from ₹329.13 crore in the corresponding quarter of the previous year, as stated in a regulatory filing. Embassy Developments Ltd, previously known as Indiabulls Real Estate Ltd, is a prominent real estate developer in India, focusing on residential and commercial projects across Bengaluru, Mumbai Metropolitan Region (MMR), National Capital…

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Sri Lotus Realty’s Q3 FY26 Profit Soars 37% to ₹70 Crore

NEW DELHI: Sri Lotus Developers & Realty Ltd announced a 37% increase in consolidated net profit, reaching Rs 70.22 crore for the December quarter, compared to Rs 51.35 crore in the same period last year. The company’s total income surged to Rs 239.78 crore in the third quarter of this fiscal year, up from Rs 123.59 crore in the corresponding quarter of the previous year, as reported in a regulatory filing. Founded in 2015 and based in Mumbai, Sri Lotus Developers & Realty has successfully completed four projects totaling over 4.2 lakh sq ft of carpet area. They currently have…

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Shriram Properties Acquires Shrivision Upscale Spaces

NEW DELHI: Shriram Properties has announced the acquisition of 100% equity shares of Shrivision Upscale Spaces, as stated in a regulatory filing. This acquisition was finalized on February 9, 2026, for a cash consideration of ₹10 per share (at par). The target company has a paid-up share capital of ₹1 lakh and reported no turnover as of March 31, 2025. The company noted that this acquisition is strategic and intended for business purposes. It clarified that the transaction does not qualify as a related party transaction, emphasizing that no promoter or promoter group entities hold any interest in the acquired…

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Confident Group Vows Project Completion After Chairman’s Death

File Photo KOCHI: Following the alleged suicide of its chairman in Bengaluru last week, Confident Group reaffirmed on Monday that it is a zero-debt, zero-investor company. The firm reassured customers that all ongoing projects will be completed as scheduled. Confident Group’s MD, T A Joseph, clarified that a recent Income Tax audit at their Bengaluru office was routine and that IT officials had not engaged in “extreme harassment” during the inspection. His comments come in light of the controversy surrounding the alleged suicide of chairman C J Roy during the IT inspection on January 30. Joseph emphasized that IT officials…

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Chandigarh to Auction About 1,000 Vacant Government Properties

CHANDIGARH: The Chandigarh administration plans to monetize approximately 1,000 vacant properties across the city beginning in the next financial year. This initiative aims to enhance revenue and promote optimal use of government-owned land and buildings. The UT estate office has identified around 1,000 properties from residential, commercial, industrial, and institutional categories for potential auction, depending on market demand. This includes about 130 residential, 205 commercial, 168 industrial, five nursing home, and one institutional site. According to senior UT officials, the administration anticipates generating over Rs 1,000 crore in revenue during the first half of the upcoming financial year through these…

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Bhubaneswar Body Approves Demolition Plan, Sparks Outrage

Representative AI image BHUBANESWAR: In an unexpected development, the Bhubaneswar Development Authority has approved a building plan for a five-storey structure in Andilo, Balianta, on the outskirts of the city, despite a demolition order previously issued by the housing and urban development department. This approval, reportedly granted in December last year, has faced significant backlash from landowners, raising concerns about adherence to legal and regulatory directives that declared the structure unauthorized and mandated its demolition. Documents indicate that the residential building was erected without the necessary building plan approval from the BDA or a no-objection certificate from the water resources…

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Glada Recovers ₹25 Crore from Illegal Colonies in Ludhiana

LUDHIANA: The Greater Ludhiana Area Development Authority (GLADA) has sharpened its focus on regulating the local real estate sector, issuing numerous new licenses and recovering significant debts over the past six months. From July 2025 to January 31, GLADA concentrated on enforcing the Punjab Apartment and Property Regulation Act (PAPR Act), 1995, to combat unauthorized housing and promote organized urban development. The licensing branch reported a successful period aimed at improving transparency for homebuyers and accountability for developers. During this time, 33 new licenses were granted to residential colonies to ensure compliance with legal and infrastructure standards. Additionally, 15 promoter…