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

Gulshan Group to Invest ₹1,000 Crore in Wave City Project

Representative AI image NEW DELHI: The Gulshan Group is set to invest approximately ₹1,000 crore in the development of Gulshan Empire, a residential project located in Phase-I, Sector-1 of Wave City. The project is projected to yield sales exceeding ₹1,200 crore. Spanning 5.5 acres (22,505 sq metres), this single-phase development will feature 500 residential units distributed across six towers, each comprising 31 stories. The land was acquired last year for around ₹175 crore, as stated by Deepak Kapoor, a director of the company. Designed by DFI Architects, the project’s completion aligns with the RERA timeline slated for 2031. The company…

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Pune Cantonment Board Orders Redevelopment of 100 Unsafe Buildings

Representative AI image PUNE: A recent survey has found approximately 100 century-old buildings in the Camp area to be structurally unsafe, uninhabitable, and prone to collapse. The Pune Cantonment Board (PCB) has now mandated that property owners submit redevelopment plans. These dilapidated structures are mainly located in the older sections of the cantonment, including Dastur Meher Road, Sachapir Street, Bacchu Adda, Old Modikhana, and surrounding lanes. Officials have warned that these weakened buildings pose significant risks to occupants and pedestrians, especially during the monsoon season. The board has served notices to multiple property owners, instructing them to vacate and begin…

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Delhi to issue smart property cards in Lal Dora areas soon: CM

Representative AI image NEW DELHI: The Delhi government is surveying Lal Dora areas (village Abadi land) to create digital records, with plans to issue smart property cards to owners, addressing a longstanding issue, as stated by Chief Minister Rekha Gupta on Tuesday. Gupta noted that 48 villages are included in the SWAMITVA scheme, established through an agreement with the Survey of India. Surveys in 30 of these villages have been finalized, and their respective property cards have been developed. The government will provide SVAMITVA PVC property cards as per UIDAI standards. These cards will include data such as the Property…

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Haryana Reinstates Ban on Stilt-Plus-Four Building Approvals

GURUGRAM: The Haryana government has once again halted approvals for stilt-plus-four (S+4) residential buildings statewide, following proceedings at the Punjab and Haryana High Court on Wednesday. The Department of Town and Country Planning (DTCP) issued directives on Wednesday evening instructing all relevant authorities to cease granting new approvals for S+4 buildings until further notice. An official communication from the DTCP director indicated that the decision was made due to the pending finalization of an online building plan approval framework and other administrative mechanisms for these types of constructions. Consequently, all new approvals are on hold. The order mandates that concerned…

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Sunteck Realty Q1 FY27 Net Profit Jumps 26% to ₹42 Crore

NEW DELHI: On Tuesday, Sunteck Realty announced a 26% drop in its consolidated net profit, reporting Rs 41.96 crore for the quarter ending in June. This is a decrease from Rs 33.43 crore during the same period last year. The company’s total income showed a slight increase, amounting to Rs 202.02 crore in the first quarter of this fiscal year, up from Rs 201.53 crore in the prior year, as indicated in a regulatory filing. The operational expenses also decreased, falling to Rs 150 crore from Rs 159 crore during the review period. Based in Mumbai, Sunteck Realty is recognized…

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Divyansh Group Buys Ghaziabad Land for ₹128 Crore

Representative AI image NEW DELHI: Divyansh Group has successfully acquired a 12,868 sq metre land parcel located in Koyal Enclave, Ghaziabad, via an auction organized by the Ghaziabad Development Authority. The acquisition cost approximately ₹128 crore, and the land will be transformed into a plotted residential project with a projected sales potential exceeding ₹200 crore. The company anticipates launching the project in the third quarter of the current financial year. The acquisition notably enhances the company’s development pipeline within the National Capital Region. Published On Jul 21, 2026 at 02:26 PM IST Join a community of 2M+ industry professionals. Subscribe…

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Lucknow to Introduce One-Time House Tax Settlement Scheme

Representative AI image LUCKNOW: Residents with outstanding house taxes will soon have the opportunity to settle their dues under a new one-time settlement (OTS) scheme introduced by the Lucknow Municipal Corporation (LMC). This initiative will be active from August 15 to December 15, following directives from the Uttar Pradesh government. The scheme will apply to all unpaid house tax, water tax, and sewer tax dues up to April 1, 2026, covering residential, commercial, industrial, government, semi-government, and public sector properties within the LMC jurisdiction. Taxpayers who pay their principal outstanding amount will be eligible for a waiver or concession on…

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Property deeds can be registered in Goa districts.

Representative AI image PANAJI: Citizens can now register sale deeds and other property-related documents at any sub-registrar office across the district. The state government has finalized the district-wide registration process. Goa is comprised of three districts. Previously, property registrations were confined to respective taluka-level sub-registrar offices. Chief Minister Pramod Sawant announced to TOI that the government has decided to permit registration of property deeds from any location within the district, with implementation set to begin shortly. This decision follows models established in Maharashtra and Karnataka. A senior government official clarified that this change pertains solely to property-related registrations, excluding others.…

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Goa: NAKSHA Won’t Impact Property Ownership, Boundaries

Representative AI image PANAJI: All current property titles, boundaries, and official land records are completely secure and remain unchanged due to the National Geospatial Knowledge-based Land Survey of Urban Habitations (NAKSHA) pilot project. In light of concerns surrounding the mapping initiative, the Directorate of Settlement and Land Records (DSLR) and the Centre’s Department of Land Resources have issued a clarification to dispel “groundless rumors”. DSLR assured that the rights of non-resident landowners and those living abroad are fully protected. “Being physically absent during a survey visit does not jeopardize property rights or ownership. The program features multiple verification stages and…

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Institutional Real Estate Investments Drop 7% YoY to $1.9B in Q2 2026

NEW DELHI: Institutional investments in India’s real estate sector reached $1.9 billion in Q2 2026, marking a seven percent decrease year-on-year, as reported by Cushman & Wakefield. Sequentially, this represents a 16 percent increase compared to the previous quarter. Total institutional investments for H1 2026 amounted to $3.5 billion, up six percent from H1 2025. In Q2 2026, the office sector drew nearly $1 billion, constituting 51 percent of total investments, indicating four consecutive quarters where office assets led the real estate investment landscape. Domestic institutions made up 54% of total Q2 investments, while foreign investors accounted for 46%. This…