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

L&T Realty Buys Land in Lower Parel, Mumbai for ₹448.6 Crore

Representative image created by AI MUMBAI: L&T Realty Developers, the realty arm of engineering and construction giant Larsen & Toubro, has acquired a prime land parcel in Lower Parel-Elphinstone Road, a key business district, for ₹448.6 crore through a deed of assignment. Of the total amount, ₹300 crore will be paid in cash, while the remainder will be settled through an area-sharing agreement that includes 55,000 sq ft of RERA carpet non-residential space and corresponding car parking. The land acquisition, spanning 1.34 acres, was executed on January 9, and involves obtaining land rights from AVA Smart City LLP, according to…

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Stable Liquidity and Office Demand Boost Q4 2025 Real Estate Sentiment

NEW DELHI: According to the Knight Frank-NAREDCO Real Estate Sentiment Index, sentiment in India’s real estate market stabilized in the October–December quarter of 2025, with both current and future outlooks remaining positive. The Current Sentiment Score for Q4 2025 rose to 60, an increase from 59 in the previous quarter, while the Future Sentiment Score held steady at 61, indicating balanced expectations for the next six months. Although these levels are lower than the peaks recorded in 2023-24, they suggest a market buoyed by stable macroeconomic conditions, decreasing inflation, and availability of funding. The report highlights that enhanced economic clarity…

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Oberoi Realty Q3 FY26 Profit Edges Up to ₹622.64 Crore

NEW DELHI: Oberoi Realty announced a slight increase in its net consolidated profit for the quarter ending December 31, 2025. The profit after tax reached ₹622.64 crore in Q3 FY26, compared to ₹618.38 crore in the same quarter of the previous fiscal year, according to a BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,561.74 crore, reflecting a growth of 6.95% from ₹1,460.27 crore in the corresponding quarter last year. As of December 31, 2025, Oberoi Realty’s net worth was recorded at ₹17,289.66 crore, with a debt-equity ratio of 0.17. The current liability ratio was…

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Delhi to upskill 1.2 lakh registered construction workers

NEW DELHI: The Delhi government has initiated a skill training program for 120,000 construction workers as part of the newly adopted Code of Social Security, aiming to boost their efficiency and job opportunities, officials reported on Monday. The Delhi Building and Other Construction Workers Welfare (DBOCWW) Board is responsible for the welfare of registered workers in the capital. The training is crucial for construction workers, particularly as they represent one of the most vulnerable segments of the labor force, often migrating from various regions, mainly rural areas, to Delhi for work, stated a senior official from the Delhi government. The…

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ASK Property Fund Invests ₹210 Cr in Gami Group’s Navi Mumbai Projects

NEW DELHI: ASK Property Fund, part of ASK Asset & Wealth Management Group, has invested ₹210 crore in Gami Group’s developments in CBD Belapur and Ghansoli, Navi Mumbai. Bhavin Jain, CIO of ASK Property Fund, commented, “This investment marks ASK’s initial entry into the Navi Mumbai market, which has seen substantial momentum due to significant infrastructure enhancements.” The project located in CBD Belapur covers two acres and will feature 2-BHK and 3-BHK units. Recently, the company invested ₹340 crore in three residential projects from Mantra Group, located in JVLR, Mumbai, and two sites in Pune—Wakad and Mundhwa. Published On Jan…

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Runwal Enterprises Wins ₹5,000-Crore Marine Lines Project

MUMBAI: Realty developer Runwal Enterprises has secured redevelopment rights for two significant land parcels totaling four acres in Marine Lines and Bandra, with a gross development value exceeding Rs 5,000 crore. These projects will operate under the cluster redevelopment plan in line with Regulation 33(9) of the Development Control and Promotion Regulations (DCPR), which the state government encourages to boost large-scale urban renewal and infrastructure projects. Subodh Runwal, director of Runwal Enterprises, stated, “These agreements are for the redevelopment of two private housing societies on premium land parcels, including rights for the Marine Lines project, which has been stalled for…

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Bhubaneswar body criticized for delayed PMAY-U 2.0 village list

BHUBANESWAR: The Housing and Urban Development Department has once again reprimanded the Bhubaneswar Development Authority (BDA) for not providing the required list of revenue villages for the Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0). A reminder was issued, instructing the authority to submit the certified list “immediately.” In the reminder, Joint Secretary Satish Chandra Singh noted that despite prior instructions on February 28, 2025, BDA failed to provide the list of villages certified by the Vice-Chairman in the required format. The department emphasized the need for BDA to prioritize this matter, citing that the delay has a direct impact on…

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Telangana to Issue TDRs for Land Near Water Bodies

Representative Image HYDERABAD: In a bid to promote the utilization of transferable development rights (TDR) in the state and generate market interest, the municipal administration department has stipulated that 10% of the built-up area in high-rise buildings exceeding 10 floors should be allocated through TDRs. This initiative aims to benefit landowners holding TDRs. Currently, the GHMC and other agencies offer TDRs instead of cash compensation for land acquired for various projects and road expansions. However, there is minimal demand for TDRs, forcing owners to sell them at significantly reduced prices. Developers can utilize TDR for additional built-up space. The state…

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UP CM Orders Action on Land Lease Allocation Irregularities

File Photo GORAKHPUR: On Friday, Chief Minister Yogi Adityanath instructed officials to enforce strict measures against irregularities in land lease allocations, emphasizing that any allotments made for financial gain will not be tolerated. The directives were given during the Janata Darshan held at the Gorakhnath Temple, where the CM engaged with around 200 attendees to address their concerns. The Janata Darshan followed a two-day review of security arrangements and facilities for devotees attending the Makar Sankranti/Khichdi Mela. During the event, the chief minister personally interacted with attendees, listened to their grievances, and ensured applications were forwarded to relevant departments with…

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CRDA to Offer Single Layout for Returnable LPS Plots

Representative image VIJAYAWADA: The Capital Region Development Authority (CRDA) is set to create a unified layout for returnable plots in the second phase of its land pooling initiative. A decision is anticipated soon, having already been reviewed by officials and submitted to the government for approval. The government aims to acquire 20,494 acres as part of Amaravati’s expansion through Land Pooling Scheme (LPS) 2.0. During the first phase, layouts were established in various villages, as farmers requested returnable plots in their respective areas, though not necessarily on the same land. This approach resulted in fragmented parcels, complicating the government’s ability…