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

Over 70 Realty Projects Missed Registration Deadline: RTI Reply

Sure! Here’s a rewritten version of the content you provided: BHUBANESWAR: Concerns are rising among promoters and homebuyers due to delays in the issuance of registration certificates by the Odisha Real Estate Regulatory Authority (ORERA). An RTI response has highlighted significant lapses from the approved timelines. As per the Odisha Real Estate (Regulation and Development) Act, 2016, intended to safeguard homebuyers’ interests while regulating the sector, the authority is required to process registration applications within 30 days of receipt. Currently, many approvals are taking much longer than this timeframe. The RTI response indicated that 72 projects have yet to receive…

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Lodha Developers Q3 FY26 Net Debt Rises ₹800 Cr to ₹6,170 Cr

NEW DELHI: Lodha Developers Ltd. has reported a 15% rise in net debt, reaching Rs 6,170 crore for the October-December period due to aggressive land acquisitions aimed at business expansion. Lodha Developers, a prominent name in the Indian real estate sector, operates under the Lodha brand. According to the company’s operational update, its net debt was Rs 6,170 crore at the end of Q3 for the fiscal year 2025-26, up from Rs 5,370 crore on September 30, 2025. “Despite substantial investments in business development during the first nine months of this fiscal year, our net debt remains at Rs 61.7…

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Signature Global to invest ₹380 crore in quake-resistant tech

Representative AI image NEW DELHI: Signature Global has entered into a ₹380-crore memorandum of understanding (MoU) with CECO Hirun, an Indo-Italian joint venture, to introduce advanced earthquake-resistant technology in its projects over the next 15 years. The Delhi-NCR region is situated in seismic zone IV. The advanced earthquake-resistant technology being utilized is Hysteretic Tuned Mass Dampers (HTMDs), which aim to minimize vibrations in high-rise buildings caused by seismic activity and wind, thus enhancing stability and comfort for occupants. “We plan to implement this technology in 80-100 towers over the next 15 years, particularly in buildings exceeding 150 meters in height,”…

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Runwal Developers Secures SEBI Approval for IPO

NEW DELHI: Seven companies, including Runwal Developers in real estate, Lalbaba Engineering for engineering solutions, and Augmont Enterprises, which focuses on gold and silver, have received approval from Sebi to raise funds through initial public offerings (IPOs), as announced by the regulator on Friday. Other approved companies include Supreet Chemicals, Sillverton Industries (a manufacturer of eco-friendly paper), CJ Darcl Logistics, and fertility services provider Gaudium IVF, along with Women Health Ltd. These seven firms submitted their draft IPO documents between June and October and received observations from Sebi from January 12 to 15. In regulatory terms, this allows them to…

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Khata Freeze Leaves Thousands of Bengaluru Properties Stuck

Sure! Here’s a rewritten version of your content: BENGALURU: Property owners within the Greater Bengaluru Authority (GBA) limits face significant challenges in obtaining khata-related services for their properties, as khata bifurcation has been on hold for several years. The process for converting B-khata properties to A-khata has been exceedingly slow, and there are no provisions for khata division, leaving countless citizens with unusable property records. Residents believe that a shift in policy has exacerbated the issue. Previously, the Bangalore Development Authority (BDA) managed khata bifurcation, but this responsibility has since moved to the GBA’s town planning department. Officials assert that…

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NCLT Approves Poonawalla Finance Demerger of Lending, Real Estate

MUMBAI: The National Company Law Tribunal (NCLT) has sanctioned a composite scheme of arrangement for Poonawalla Finance and its real estate divisions, facilitating a multi-step demerger intended to separate its lending and real estate operations. According to the tribunal’s Mumbai bench order, the restructuring aligns with Sections 230 to 232 of the Companies Act, empowering Poonawalla Finance to transfer specific business undertakings into two distinct entities: Rising Sun Holdings and Synergist Realtors. The NCLT deemed the scheme fair, reasonable, and compliant with the law, noting the absence of objections from shareholders, creditors, or regulators. Post-restructuring, Poonawalla Finance will operate as…

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Ahmedabad Civic Body Starts Asset Monetisation to Boost Revenue

AHMEDABAD: The Asset Monetisation Cell (AMC) of the city is making its inaugural move to devise a strategy for evaluating and selling both AMC-owned and leased properties. Established in March 2025, the cell has issued a tender to appoint a consultant, with selections set to be finalized next month. This collaboration will aim to develop an effective sales strategy. The selected consultant will chiefly target the sale of 4,113 leasehold properties, including the notable Municipal Market located on CG Road. Bidders have until January 31 to submit their proposals, with an expected total property valuation exceeding Rs 2,000 crore. Moreover,…

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Sobha Q3 FY26 Net Profit Drops by 28.87%

NEW DELHI: Bengaluru-based Sobha reported a 28.87% decline in net consolidated profit for Q3 FY26, ending December 31, 2025. The profit after tax was ₹15.42 crore, compared to ₹21.68 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 was ₹983.10 crore, marking a 21.78% decrease from ₹1,256.87 crore in the same quarter last year. Jagadish Nangineni, the managing director, stated, “Although procedural delays in obtaining occupancy certificates (OCs) have temporarily tempered quarterly profitability, we are optimistic about expediting project completions, which will significantly improve our…

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Uttar Pradesh Boosts Development Fees by 50% for Major Cities

Increased fees will support urban infrastructure development, enhancing authorities’ annual income. LUCKNOW: Housing development authorities have announced an increase in fees required for construction activities in key cities throughout the state. Aspiring developers must now pay the revised development charges set by the housing authorities prior to commencing any civil work. Dedicated bodies have been established to oversee construction efforts in over 30 cities in UP, including Lucknow, Kanpur, Varanasi, Ghaziabad, Meerut, Agra, Gorakhpur, and Jhansi. The housing department approved these revised rates earlier this month, factoring in rising construction costs and inflation. Development charges have been raised by a…

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Nagpur Land Deals Soar, Revenue Rises by ₹147 Crore

NAGPUR: In the last nine months, Nagpur has seen a significant increase in property transactions, reflecting a surge in investor confidence driven by extensive infrastructure projects and its emergence as a rapidly growing urban center. Data from the stamp duty department indicates that over 125,000 land transactions were recorded in Nagpur district, generating a revenue of ₹1,568.60 crore for the government in this timeframe. This represents an increase of over ₹147 crore compared to the same period in 2024, underscoring a consistent growth trend in real estate activities across both urban and rural sectors. Officials attribute this growth to several…