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

Anant Raj’s Net Profit Soars 30.81% to ₹557.02 Crore in FY26

NEW DELHI: Anant Raj has reported a 30.81% increase in its net consolidated profit for the financial year 2025-26. The profit after tax reached ₹557.02 crore in FY26, compared to ₹425.82 crore in FY25, according to a BSE filing. The company’s total net consolidated income for FY26 was ₹2,579.08 crore, reflecting a growth of 22.80% from ₹2,100.28 crore in FY25. In Q4 FY26, net consolidated income grew by 22.60% to ₹675.41 crore, up from ₹550.90 crore in the same quarter last year. Profit after tax also rose by 25.19% to ₹148.71 crore, compared to ₹118.79 crore in the corresponding quarter…

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War Halts UAE Realty Boom; Dubai Projects Delayed

DUBAI: The ongoing conflict in West Asia is projected to hinder handovers in the UAE’s thriving property market, with developers facing delays of six to nine months due to supply chain issues, increased costs, and stricter bank financing. Of the 45,000 units scheduled for delivery in Dubai by 2026, around half are expected to be postponed until 2027 or later, based on data from Anarock Middle East. The overall construction costs have surged by nearly 30%, as per industry estimates. Currently, Dubai’s under-construction market accounts for approximately 70% of total property transactions, fueled by strong foreign investment, increased migration, and…

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Dwarka Projects to Generate ₹29,000 Crore in License Fees for Delhi

NEW DELHI: The Delhi Development Authority (DDA) is poised to generate over ₹29,700 crore in the next 55 years by shifting focus from direct land sales to long-term land monetization. This strategy involves annual license fees from three key projects in Dwarka, aiming to enhance revenue while promoting urban infrastructure development. The three projects include a five-star hotel in Sector 23, Delhi’s inaugural Transit Oriented Development (TOD) project in Sector 22, and a 600-bed super-speciality hospital in Sector 9. This approach represents a significant shift in DDA’s operations, allowing it to unlock value from limited land resources without giving up…

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Fresh 39A plans aim to convert 25,000+ sq meters in Bardez, Pernem

PANAJI: The Town and Country Planning (TCP) department has announced new corrections to the Regional Plan under Section 39A of the TCP Act, proposing to convert over 25,000 sqm of land. These land parcels, located in Bardez, Pernem, Salcete, and Bicholim, are currently designated as natural cover, orchard land, and no-development-slope areas. The latest notification includes nine proposals approved by the TCP board on April 21, which are now open for public objections and suggestions for 30 days. The largest proposal comes from Mumbai’s KGL Realtors Pvt Ltd, seeking to convert 18,733 sqm of land in Salvador do Mundo, Bardez,…

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SRA Cancels 181 of 228 Mumbai Joint Venture Projects

MUMBAI: Nearly two years after the government instructed various state-run corporations to carry out slum redevelopment at 228 locations in collaboration with the Slum Rehabilitation Authority (SRA), 181 projects have been abandoned due to minimal progress and feasibility issues. Of the 77 proposed joint ventures, the Brihanmumbai Municipal Corporation (BMC) will now proceed with only 44, while the Maharashtra Housing and Area Development Authority (Mhada) will complete 2 of its 24, and the Mumbai Metropolitan Region Development Authority (MMRDA) will implement just 1 of its 5. The SRA will take over these projects under its cluster redevelopment scheme or through…

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Maharashtra Plans Property Cards with Valuation for All Plots

Representative AI image PUNE: The Maharashtra state government is drafting a Land Titling Act that will mandate property cards for all land parcels, as stated by Revenue Minister Chandrashekhar Bawankule in Pune on Sunday. This card will not only include essential details but will also indicate the property’s value. A property card, or malmatta patrak, serves as the official land record document issued by the city survey department for urban areas. Currently, it is the primary legal proof of ownership for urban properties, encompassing all details about the owner, property size, location, and transaction history. For rural areas, a 7/12…

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Maharashtra to Challenge Bombay HC Ruling on Mira-Bhayander Land

MUMBAI: The Maharashtra government intends to challenge the Bombay High Court’s directive to transfer approximately 254.88 acres of land in Mira-Bhayander, Thane district, to two developers, as stated by Revenue Minister Chandrashekhar Bawankule on Saturday. The High Court ruled in favor of The Estate Investment and Mira Real Estate Developers regarding land valued at crores of rupees, according to an official statement. Bawankule affirmed, “The land is owned by the state. We will robustly present our case in the Supreme Court to ensure it remains in government hands,” announcing plans to file a Special Leave Petition against the April 30…

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UP Cuts Development and Building Permit Fees in Ghaziabad

GHAZIABAD: The UP government has further reduced development and building permit fees in multiple districts, including Ghaziabad. Previously, the fee in Ghaziabad increased from Rs 2,500 per sqm to Rs 4,170 per sqm in January. The new order has slightly decreased it to Rs 4,165 per sqm. In January, Ghaziabad experienced the highest hike, with a surge of over 66%. Despite the recent reduction, the city retains the highest development fee in the state. As per a GDA official, the fee in Loni, Muradnagar, and Modinagar has been reduced from Rs 1,510 per sqm to Rs 1,450 per sqm. New…

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TGIIC to Auction 11 Acres in Raidurg at ₹139 Crore/Acre

Representative AI image HYDERABAD: The Telangana State Industrial Infrastructure Corporation (TGIIC) is preparing for a new land auction in Raidurg Panmaktha (Knowledge City), with a record upset price set at Rs 139 crore per acre. Officials estimate that the government could generate around Rs 2,000 crore from the sale of approximately 11 acres. TGIIC announced the auctions on Thursday. One plot, identified as survey no 83/1 and measuring 6.29 acres, will be auctioned on May 28, while another plot of 5.09 acres from the same survey number will be sold on June 1. In October 2025, a previous auction achieved…

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Oberoi Realty’s FY26 Profit Up 12.67% to ₹2,507.43 Crore

NEW DELHI: Oberoi Realty has reported a net consolidated profit increase of 12.67% for the financial year 2025-26. The profit after tax reached ₹2,507.43 crore in FY26, up from ₹2,225.51 crore in FY25, as stated in a BSE filing. The company’s net consolidated total income rose to ₹6,304.27 crore in FY26, showing a growth of 15.16% from ₹5,474.17 crore in FY25. In Q4 FY26, the net consolidated total income grew by 50.31%, reaching ₹1,823.71 crore compared to ₹1,213.33 crore in the same quarter last year. The profit after tax surged by 62.36% to ₹703.28 crore in Q4 FY26, versus ₹433.17…