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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Andhra Pradesh Plans to Update Urban Land Values from Feb 1

Representative AI image VIJAYAWADA: The Andhra Pradesh government has announced a revision of land market values in urban areas, effective February 1. The registration department has been instructed to assess market values and finalize the new valuations promptly. This revision follows nearly a year after the last update in February. Officials revealed that this initiative aims to align the official market values with the current market conditions, as there have been noticeable discrepancies between guideline prices and actual transaction amounts across various urban, semi-urban, and rural regions. Each district will have an evaluation committee led by the joint collector, including…

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Gujarat Plans Deregulation of NA in Town Planning Schemes

GANDHINAGAR: The Gujarat government is considering a proposal to remove the mandatory requirement for obtaining a non-agriculture (NA) certificate from the revenue department for projects—be it residential, commercial, mixed-use, or industrial—within town planning (TP) scheme areas. In a high-level meeting held on Thursday in Gandhinagar with officials from the government of India and secretaries of all state departments, the Gujarat government indicated to the Union government that it would likely repeal the clause requiring NA permission in areas governed by draft and finalized TP schemes. This certificate, issued by collectorates and district development offices, has been cited as a significant…

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Housing Revolution Needed: Niranjan Hiranandani, Naredco

NEW DELHI: The National Real Estate Development Council (Naredco) has pointed out a significant tax imbalance between corporations and individual taxpayers, urging the government to adjust income tax rates. The organization claims that individuals and partnerships engaged in business face substantially higher taxes compared to companies. Niranjan Hiranandani, chairman of Naredco, emphasized that while corporations generally pay an effective tax rate around 25%, individuals in similar business roles may pay up to 40%, including surcharges and cesses. “If a company is taxed at 25%, why should an individual or partnership in the same field face a 40% tax?” he questioned,…

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TVS Emerald Secures ₹425 Crore from IFC for Housing Projects

NEW DELHI: Realty company TVS Emerald has secured Rs 425 crore in equity funding from the International Finance Corporation (IFC) to finance new housing developments. Part of the TVS Group, TVS Emerald announced on Thursday that these funds will assist in the development of two upcoming residential projects, set to launch in the next fiscal year in Chennai and Bengaluru, along with additional projects in the pipeline. The company will allocate Rs 136 crore for the Chennai project and Rs 103 crore for the Bengaluru project. The remaining funds will support further residential ventures over the next two years. The…

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RMZ Plans $30 Billion Investment in Mumbai Region Over 10 Years

NEW DELHI: RMZ has announced an investment collaboration with the Mumbai Metropolitan Region Development Authority (MMRDA) and the City & Industrial Development Corporation of Maharashtra (CIDCO) at the World Economic Forum (WEF) in Davos. The company aims to mobilize investments totaling up to USD 30 billion in the Mumbai Metropolitan Region (MMR) over the next decade, potentially creating around three lakh direct and indirect jobs throughout the project lifecycle. RMZ will lead the investment structuring and capital mobilization efforts, along with master planning, development, and long-term asset management. MMRDA will assist in land identification and aggregation. Additionally, the company plans…

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DLF Q3 FY26 Net Profit Rises 13.66%

NEW DELHI: DLF has announced a 13.66% increase in net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹1,203.36 crore for Q3 FY26, compared to ₹1,058.73 crore in the same quarter last fiscal year, as reported in a BSE filing. The company’s net consolidated total income was ₹2,479.54 crore in Q3 FY26, reflecting a 42.71% growth from ₹1,737.47 crore recorded in the same quarter last year. Gross collections for the quarter amounted to ₹5,100 crore, with cumulative net collections for the nine-month period at ₹10,216 crore, indicating a year-on-year growth of 21%. The company…

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Anant Raj Q3 FY26 Profit Climbs 31% to ₹144 Crore

NEW DELHI: Realty firm Anant Raj Ltd announced a 31% rise in consolidated net profit to ₹144.23 crore for the December quarter, driven by improved income. The net profit was ₹110.37 crore during the same period last year. The company’s total income increased to ₹660.38 crore in the October-December period, compared to ₹543.97 crore in the corresponding period of the previous year, as per a regulatory filing. Based in Delhi, Anant Raj Ltd is a prominent real estate developer, primarily focusing on residential and data center projects. Published On Jan 22, 2026 at 06:52 AM IST Join the community of…

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Raymond Realty Launches Residential Project in Wadala, Mumbai

NEW DELHI: Raymond Realty has unveiled a new residential redevelopment project in Wadala, central Mumbai, with a projected revenue potential of approximately ₹5,000 crore. Spanning a 5.62-acre land area, the development will feature premium 2-BHK and 3-BHK apartments, alongside high-street retail spaces. Harmohan Sahni, the company’s CEO, stated, “This development, with an expected revenue potential exceeding ₹5,000 crore, greatly enhances our long-term value creation strategy while reinforcing our asset-light expansion model.” Currently, the developer is working on over 10 million sq ft of projects across the Mumbai Metropolitan Region and has successfully delivered more than 5,500 homes to date. Published…

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Mumbai Tops 2025 Land Deals with 32 Acquisitions Over 500 Acres

Representative AI image NEW DELHI: The Mumbai Metropolitan Region (MMR) topped the land acquisition market in India in 2025, with 32 deals covering over 500 acres, according to Anarock Research. This accounts for more than 13% of the total land transactions in the country for the year. Overall, 126 land deals involving over 3,772 acres were completed in India in 2025, which is a slight decrease from 133 transactions in 2024 but a significant increase in land area, up from approximately 2,514 acres in the previous year. In 2024, MMR recorded about 30 land deals encompassing over 607 acres. Residential…

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Odisha Drafts Law to Simplify Land Management

Representative image BHUBANESWAR: The Odisha government is set to introduce a new land management law in the upcoming assembly session, aiming to replace multiple existing Acts related to land administration, as stated by Revenue and Disaster Management Minister Suresh Pujari on Monday. A consultative meeting regarding the proposed legislation, known as the Odisha Govt Land Management Act, was conducted on Monday. “The draft is ready, and we anticipate introducing the Bill during the next session of the Vidhan Sabha,” Pujari informed the media. The proposed law aims to replace outdated and overlapping revenue statutes with a more cohesive legal framework.…