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

Sri Lotus Developers’ IPO Opens July 30, Priced at ₹140-₹150

NEW DELHI: Sri Lotus Developers and Realty has established a price range of ₹140 to ₹150 per equity share of face value ₹1 for its initial public offering (IPO). The IPO is set to open for subscription on July 30, 2025, and will close on August 1, 2025. Investors can bid for a minimum of 100 equity shares, with options to bid in multiples of 100 shares thereafter. A discount of ₹14 per share is available for eligible employees participating in the employee reservation segment. The IPO consists entirely of a fresh issue of shares up to ₹792 crore, with…

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Thane Civic Chief: No Power to Unauthorized Properties

Representative Image THANE: On Wednesday, Thane Municipal Commissioner Saurabh Rao directed power companies to refrain from supplying electricity to any unauthorized structures, emphasizing the need for verification of legal statuses. During a high-level meeting at the Thane Municipal Corporation (TMC) headquarters, Rao stressed that providing power to unauthorized buildings contravenes court orders and should be strictly prohibited through diligent verification processes. “The high court has explicitly stated that electricity should not be supplied to unauthorized constructions,” he affirmed, noting that both Maharashtra State Electricity Distribution Company (MSEDCL) and Torrent Power are legally obligated to confirm a building’s legality before permitting…

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Mumbai: SRA Gathers ₹1,386 Crore Rent from Builders in 3 Years

Representative image created by AI MUMBAI: In a significant effort to tackle builders who are defaulting on rent payments to slum dwellers, the Slum Rehabilitation Authority (SRA) has successfully collected dues amounting to Rs 1,386 crore over the past three years. This includes Rs 601 crore from regular schemes, Rs 134 crore from an amnesty program, and Rs 650 crore due to a new directive mandating builders to prepay two years of rent to the agency. According to SRA data, out of the Rs 880 crore owed from regular projects, Rs 279 crore remains uncollected. Additionally, the outstanding amount from…

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Sunteck Realty to Co-Develop 3.5 Acres in Mumbai

Representative image NEW DELHI: Sunteck Realty (SRL) has secured a joint development agreement (JDA) for a project on approximately 3.5 acres (13,500 sq meters) of land in Mira Road, Mumbai. The company forecasts a saleable area of about 5.5 lakh sq ft from this development. The estimated gross development value (GDV) of the project is around ₹1,200 crore. Published On Jul 23, 2025 at 06:21 PM IST Join 2M+ industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Access ETRealty industry news on your smartphone!

IndustryLatest Stories

Invesco Sells Oberoi Realty, Lodha Shares for ₹3,202 Cr

Representative image created by AI NEW DELHI: Investment management firm Invesco has sold over 2 crore shares of real estate companies Oberoi Realty and Lodha Developers for a total of ₹3,202 crore through open market transactions. The US-based firm, via its affiliate Invesco Developing Markets Fund, divested a little over 1 crore equity shares—2.95% of its stake in Oberoi Realty, according to bulk deal data from the BSE. Shares were sold at ₹1,754.26 each, totaling roughly ₹1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund held a 3.01% stake in Oberoi Realty. In a separate transaction on the…

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Aditya Birla Real Estate Reports ₹47.30 Crore Loss in Q1 FY26

NEW DELHI: Aditya Birla Real Estate (previously known as Century Textiles) has reported a consolidated net loss of ₹47.30 crore for Q1 of the financial year 2025-26. This is a significant drop compared to a profit after tax of ₹9.86 crore reported in the same quarter last fiscal, according to a BSE filing. The company’s net consolidated total income for Q1 FY26 was ₹157.41 crore, reflecting a decline of 56.90% from ₹365.24 crore in the corresponding quarter the previous year. As of June 30, 2025, the company reported a net worth of ₹3,835.56 crore, with a debt-equity ratio of 1.32,…

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Nisus Finance Invests ₹115 Cr in Kumar Vibe, Mumbai & Pune

NEW DELHI: Kumar Vibe Properties, a 50:50 joint venture between Kumar Properties & Infrastructure LLP and Vibe Realty, has successfully secured an investment of ₹115 crore from Nisus Finance, marking a key milestone in its growth. The funds will be directed toward three projects in Khar West and Goregaon West in Mumbai, as well as NIBM in Pune. The residences are expected to be priced at ₹7 crore and above in Khar West, ₹3 crore to ₹4.25 crore in Goregaon West, and up to ₹1.25 crore in NIBM Pune. Collectively, these ventures will generate a total topline exceeding ₹1,100 crore.…

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Ashiana Housing Q1 FY26 Sales Surge 83% to ₹431 Crore

Certainly! Here’s a rewritten version of your content: NEW DELHI: Ashiana Housing Ltd reported an impressive 83% increase in sales bookings, reaching Rs 430.97 crore in the first quarter of the fiscal year, driven by heightened demand. In the same period last year, the company had sales bookings of Rs 235.32 crore, according to a recent regulatory filing. The firm’s sales volume during the April-June quarter amounted to 5.95 lakh square feet, compared to 4.42 lakh square feet in the previous year’s corresponding quarter. Based in Delhi, Ashiana Housing is one of India’s leading real estate developers, having recorded total…

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Lodha, Oberoi Realty Shares Drop Up to 6% After Block Deals

NEW DELHI: Oberoi Realty and Lodha Developers experienced significant block deals totaling USD 395 million (Rs 3,412 crore) on the stock exchanges, resulting in a decrease in the shares of both real estate giants by up to 6 percent on Wednesday. The transactions, conducted through open market exchanges, involved the sale of institutional stakes in each firm. In the case of Oberoi Realty, around 11 million equity shares, or 3 percent of the company’s total, were sold for USD 230 million (Rs 1,987.02 crore) at a floor price of Rs 1,753.20 per share, indicating a 4 percent discount from the…

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Kochi: Key Hurdle Cleared for Infopark Phase III Land Pooling

AI-generated Representative Image KOCHI: The development of Infopark’s proposed Phase III campus, spanning 300 acres in Kizhakkambalam panchayat, is progressing as the Local Self Government Department (LSGD) officially designated the Greater Cochin Development Authority (GCDA) as the land pooling agency for the initiative. The government previously decided to implement the Phase III project through a land pooling model and appointed GCDA as the executing agency. However, since Kizhakkambalam falls outside GCDA’s jurisdiction, the agency had to seek special approval to move forward. With the latest order from the LSGD, GCDA is now authorized to conduct land pooling in the region.…