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

Prestige Estates’ Profit Soars 111.61% to ₹1,305.4 Cr in FY26

NEW DELHI: Prestige Estates Projects has announced a remarkable 111.61% growth in its consolidated net profit for the fiscal year 2025-26, reaching ₹1,305.4 crore compared to ₹616.9 crore in FY25, according to a filing with BSE. The company’s overall consolidated income for FY26 amounted to ₹13,195.5 crore, up by 70.58% from ₹7,735.5 crore in FY25. In the fourth quarter of FY26, the net consolidated income surged by 160.71% to ₹4,143.5 crore, rising from ₹1,589.3 crore in the same quarter of the previous year. The profit after tax for Q4 FY26 was ₹291.8 crore, compared to ₹43.1 crore reported during the…

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MHADA Assesses Housing Project Progress in Kalyan Taluka

NEW DELHI: Sanjeev Jaiswal, vice-president and CEO of the Maharashtra Housing and Area Development Authority (MHADA), conducted an inspection of housing projects being developed by the Konkan Housing and Area Development Board in the Kalyan taluka of Thane district. During his visit to project sites in Khoni, Shirdhon, Gotheghar, and Bhandarli, Jaiswal reviewed the progress of ongoing construction. He emphasized the need for quality, transparency, and timely completion of projects. He further assessed various aspects such as construction quality, internal road access, water supply, electricity provisions, sewage management, and the green spaces and civic amenities planned for residents. The Khoni…

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White Flower Developers to Buy 6,000 sq m Land in Goa for ₹65 Cr

Representative image created by AI NEW DELHI: White Flower Developers plans to venture into the Goa real estate market, acquiring 6,000 sq meters of land for ₹65 crore to develop three villa projects in Assagao, Tivim, and Siolim. The Assagao project will consist of five villas with an estimated value of ₹60 crore and a development area of 2,500 sq meters, while the Tivim project will feature eight villas estimated at ₹50 crore. The company is also set to acquire Igreha Vaddo, a 150-year-old Portuguese-style heritage villa in Siolim, covering 1,200 sq meters and valued at ₹20 crore. In total,…

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Sundaram Alternates Raises ₹2,500 Crore for Real Estate Fund

NEW DELHI: Sundaram Alternates has successfully finalized its fifth real estate credit fund, SA Real Estate Credit Fund V, with a total corpus of ₹2,500 crore. Launched in October 2025, the fund surpassed its initial target of ₹1,500 crore and has already allocated over 90% of the raised capital across various investment transactions. The Sundaram Finance Group serves as the sponsor for this fund, which adopts a performing credit strategy that targets senior-secured, amortizing, and cash-generating debt opportunities primarily in brownfield residential projects. With this latest fund, Sundaram Alternates has amassed a total of over ₹5,500 crore across its real…

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India’s Real Estate Needs ₹50 Lakh Crore by 2036: Report

NEW DELHI: According to a report from Anarock Capital, India’s real estate sector will need nearly ₹50 lakh crore in capital over the next decade to sustain its growth. The report points to a shift in the sector’s financing landscape, evolving from a fragmented, NBFC-led model to a more organized, institutional framework supported by banks, alternative investment funds, real estate investment trusts, private credit, and government initiatives. However, it highlights that capital is primarily concentrated among established developers and in major metropolitan areas, which results in disparities in affordable housing, smaller developers, and tier II and III cities. Despite a…

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IRDAI to Relax Rules for Insurance Investment in REITs, InvITs

The insurance regulator is currently reviewing a proposal to relax investment regulations for real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). This comes in response to strong investor interest in recent infrastructure offerings, such as the ₹6,000 crore Raajmarg InvIT issue launched in March, which has amplified the call for increased insurer involvement in long-term yield assets. Currently, insurers are limited to a maximum of 3% investments in both REITs and InvITs. The Insurance Regulatory and Development Authority (IRDAI) is considering a proposal that would raise the combined exposure limit to 6%, permitting insurers to allocate investments across…

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Adani, Reliance, Lodha, JSW vie for 206-acre Mumbai project

Realty developers such as Adani Properties, Reliance 4IR, Lodha Developers, and JSW Realty & Infrastructure have placed bids to redevelop three significant housing colonies covering over 206 prime acres in Mumbai’s key neighborhoods: Worli, Bandra Reclamation, and Andheri West. The Maharashtra Housing and Area Development Authority (MHADA) opened technical bids for these projects on Tuesday, covering 98.27 acres at Bandra Reclamation, 73.89 acres at Sardar Vallabhbhai Patel (SVP) Nagar in Andheri West, and 34.33 acres at Adarsh Nagar in Worli. On April 8, the Mumbai Housing and Area Development Board, a unit of MHADA, issued tenders to appoint construction and…

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Embassy Developments reports ₹872.47 crore net loss in FY26

NEW DELHI: Embassy Developments has announced a net consolidated loss after tax of ₹872.47 crore for the financial year 2025-26. In contrast, it reported a profit after tax of ₹193.63 crore in FY25, according to a BSE filing. The company’s total consolidated income for FY26 was ₹1,905.12 crore, reflecting a decline of 25.20% from ₹2,546.97 crore in FY25. In Q4 FY26, the net consolidated total income fell by 65.57%, amounting to ₹407.20 crore, compared to ₹1,182.61 crore in the same quarter the previous year. The loss after tax for Q4 FY26 was ₹323.43 crore, in contrast to a profit after…

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Arvind SmartSpaces FY26 Net Profit Falls 13.22% to ₹103.41 Cr

NEW DELHI: Arvind SmartSpaces has announced a 13.22% decrease in its net consolidated profit for the financial year 2025-26. The profit after tax fell to ₹103.41 crore compared to ₹119.16 crore recorded in FY25, according to a filing with the BSE. The net consolidated total income for FY26 was ₹584.47 crore, reflecting a 20.49% decline from ₹735.11 crore in FY25. In Q4 FY26, the net consolidated total income dropped 6.09% to ₹163.53 crore from ₹174.14 crore in the same quarter last year. However, profit after tax surged by 102.94% to ₹44.16 crore compared to ₹21.76 crore in the previous fiscal’s…

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Pune: Property Prices May Jump ₹250-300/SQ FT Amid Supplier Hike

PUNE: Homebuyers in Pune may face rising property prices following a proposed rate hike by ready-mix concrete (RMC) suppliers for various concrete grades on May 9. Experts suggest that this increase could elevate construction costs by Rs 250-300 per square foot. “While some developers may absorb part of the costs for ongoing projects, new launches will likely pass the added burden on to buyers,” commented Nitin Deshpande, president of the Marathi Bandhkam Vyavasayik Association. The Pune RMC Association previously halted operations on April 16 due to coordination issues with the Maharashtra Pollution Control Board (MPCB), Pune Municipal Corporation (PMC), and…