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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RBI Holds Interest Rate at 5.25%, Pauses Rate Cuts

NEW DELHI: Following a 25 basis point rate cut in December, the RBI has opted to pause its policy rate amid ongoing geopolitical uncertainties. This marks the first monetary policy review since Finance Minister Nirmala Sitharaman revealed the Budget for FY 2026-27. During the sixth and final bi-monthly monetary policy meeting of the current fiscal year, RBI Governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has decided to maintain the short-term lending rate (repo rate) at 5.25 percent, adopting a neutral stance. The pause in rate cuts is influenced by the consumer price index (CPI)-based retail inflation, which…

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RBI May Permit Banks to Lend to REITs

MUMBAI: On Friday, the Reserve Bank of India proposed allowing banks to extend loans to Real Estate Investment Trusts (REITs) with specific prudential safeguards, aiming to enhance the financing pool for the real estate industry. REITs are investment vehicles that manage income-producing real estate, offering investors a way to earn a portion of the income without directly buying properties. Developed in India, REITs and Infrastructure Investment Trusts (InvITs) aim to liberate banks’ funds tied up in completed and operational real estate and infrastructure projects by refinancing these with pooled resources from institutional and retail investors. Initially, commercial banks were not…

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Noida Authority Unveils E-Auction Plot Allotment Schemes

Representative image NOIDA: The Noida Authority has introduced several plot schemes across various categories, including religious, corporate, commercial, hotel, and group housing. Applications opened on Thursday and will be accepted until February 26. Allotments, except for religious plots, will occur through an e-auction. In the corporate office category, 10 plots in Sector 152 are available, with nine measuring 1,000 sqm each, and one larger plot of 4,000.6 sqm. Reserve prices range from approximately Rs 1 crore to Rs 4.4 crore. For religious use, two plots measuring 302 sqm and 600 sqm have been designated in Sectors 15A and 93B for…

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Six Ahmedabad Plots Valued at ₹528 Crore Approved for Auction

Representative AI image AHMEDABAD: On Wednesday, the standing committee of the Ahmedabad Municipal Corporation (AMC) approved the auction of six plots located in various parts of the city, with a total base price set at Rs 528.38 crore. Among the approved properties is a 3,365 sq m commercial plot in Motera, with a starting price of Rs 2.81 lakh per sq m. The committee also authorized the sale of a 3,546 sq m residential plot in Chandkheda, priced at Rs 1.63 lakh per sq m. In Nava Vadaj, a 3,229 sq m commercial plot will be auctioned at a base…

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LIC Targets Higher Returns from Real Estate Investments

MUMBAI: Life Insurance Corporation (LIC) plans to enhance the yield on its real estate assets, valued at Rs 16,000 crore post-revaluation and over Rs 45,000 crore in market value. While officials noted that real estate generally provides a yield of 3-4%, capital gains remain significantly higher. Additionally, LIC has paused its plans to acquire a strategic stake in a health insurance company. During a press conference following the board meeting, MD & CEO R Doraiswamy stated that LIC will take a cautious approach towards its previous intention to enter the health insurance market, a plan initiated by his predecessor. “We…

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Sebi Plans to Broaden Liquid MF Investments for REITs, InvITs

NEW DELHI: On Thursday, the market regulator Sebi proposed to broaden the investment scope for liquid mutual fund schemes by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), as the current eligibility criteria limit their investment choices. At present, these investments are confined to liquid schemes that have a high credit risk value and are highly classified in terms of risk. Sebi’s proposals aim to simplify business operations for REITs and InvITs, offering enhanced investment flexibility while maintaining necessary prudential safeguards. In its consultation paper, Sebi has also suggested that InvITs should be allowed to retain investments in…

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Godrej Properties Q3 FY26 Net Profit Up 22.55%

NEW DELHI: Godrej Properties (GPL) has reported a net consolidated profit growth of 22.55% for the quarter ending December 31, 2025. Its profit after tax (PAT) reached ₹193.87 crore, up from ₹158.20 crore during the same quarter last year, as per the company’s BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,033.84 crore, reflecting a decline of 16.62% from ₹1,239.97 crore in the previous fiscal year’s corresponding quarter. Pirojsha Godrej, Executive Chairperson, stated, “The ₹6,000 crore equity capital raised through a QIP last financial year, combined with our operating cash flow, will support our continued…

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₹3,000 Crore Allocated for Western UP Townships

LUCKNOW: To address the growing need for affordable housing in western Uttar Pradesh, the state government has allocated nearly Rs3,000 crore. This funding will assist families in Agra, Mathura-Vrindavan, Moradabad, and Bagpat, as new townships equipped with modern amenities are set to be developed in these cities. One township will be established in Agra, Moradabad, and Bagpat, while Mathura, a popular religious site, will receive two township projects. Approved in January, the funds are aimed at accumulating the necessary land for the township developments. Local housing development authorities submitted proposals to the housing department last year, requesting initial capital under…

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Oberoi Realty Wins Bid for 11-Acre Bandra East Land

Representative AI image NEW DELHI: Oberoi Realty has won the highest bid for a long-term lease of approximately 45,371 square meters (about 11 acres) of railway land in Bandra East, Mumbai. This was confirmed after the financial bids were opened by the Railway Land Development Authority (RLDA), a statutory body under the Ministry of Railways. The company submitted a bid of ₹5,400 crores, quoted as net present value (NPV), for a 99-year lease on the land, which is strategically located along the Western Express Highway and has potential for around 19.5 lakh sq ft of floor space index (FSI). As…

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G Square Group Buys ₹300 Crore Land in Madurai from TVS Owners

Representative image NEW DELHI: G Square Group has purchased a five-acre land parcel valued at ₹300 crore in Periyar, Madurai, from the TVS Group owners to create a residential and commercial plotted development named G Square Temple View Square. The land was previously owned by T. V. Sundaram Iyengar, the founder of the TVS family of companies. Out of the total area, 1.63 acres will be dedicated to residential development, two acres for commercial use, and the remaining land will provide infrastructure and community amenities. The project consists of 55 plots in total, including 50 residential and five commercial plots.…