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

Record Land Auction in Raidurg: 1 Acre Sells for ₹237 Crore

Representative Image HYDERABAD: In a record-breaking e-auction held by the Telangana State Industrial Infrastructure Corporation (TSIIC) on Thursday, an acre of land in Raidurg was sold for an astonishing Rs 237 crore. This sale surpassed previous records, with Gowra Ventures Pvt Ltd acquiring 6.29 acres for the development of an IT office tower and mixed-use projects. Earlier, the TSIIC had auctioned a parcel in October 2025 in the same area for Rs 177 crore per acre. The recent bid exceeded the reserved price of Rs 139 crore by 70%, resulting in approximately Rs 1,490 crore for the state government. The…

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Top 11 Developers’ Pre-Sales Jump 18% to ₹1.48 Lakh Crore

NEW DELHI: According to an Anarock Research analysis, the combined pre-sales of 11 listed real estate developers increased by 18% year-on-year, reaching ₹1,48,158 crore in FY26, up from ₹1,25,841 crore in FY25. The analysis focused on major players including Godrej Properties, Prestige Estates, DLF, Macrotech Developers, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil Developers, Keystone Realtors, and Sobha. Developers with significant exposure to premium and luxury housing exhibited stronger growth over the year. Prestige Estates saw the largest annual growth in pre-sales at 76%, followed by Puravankara at 48%, Keystone Realtors at 33%, Sobha at 30%, Godrej Properties at…

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LIC Aims to Boost Real Estate Returns with New Subsidiary

NEW DELHI: LIC aims to enhance returns from its real estate assets and may consider establishing a separate subsidiary to manage these efficiently. Its real estate portfolio is conservatively valued at over Rs 60,000 crore. “Over the last 70 years, we have acquired substantial real estate, both inherited and purchased. We utilize these properties for company operations and as investments to generate returns,” said LIC CEO and MD R. Doraiswamy in an interview with PTI. This recent review of LIC’s real estate portfolio is part of a broader strategy to evaluate returns and identify optimisation opportunities. Our goal is to…

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Unitech Q4 FY26 Net Loss Grows to ₹441 Crore

NEW DELHI: Realty firm Unitech Ltd announced a consolidated net loss of Rs 441 crore for the quarter ending March 2026, compared to a net loss of Rs 309.95 crore in the same quarter last year. Total income increased to Rs 145.31 crore in Q4 FY 2025-26, up from Rs 126.34 crore in the previous year, as per a regulatory filing. Throughout FY26, the company’s net loss amounted to Rs 2,455.73 crore, an improvement from a loss of Rs 2,593.47 crore in the previous financial year. Total income for the year rose to Rs 566.80 crore, up from Rs 396.80…

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Creditors Recovered ₹4 Lakh Cr; ₹14 Lakh Cr Settled Pre-Admission

NEW DELHI: Creditors have successfully recovered over Rs 4 lakh crore through resolution processes enabled by the insolvency law, which has been operational for a decade. Additionally, more than 30,000 cases, totaling nearly Rs 14 lakh crore, have been addressed at the pre-admission stage before the National Company Law Tribunal (NCLT). The Insolvency and Bankruptcy Code (IBC), which was implemented in 2016, emphasizes a time-bound and market-linked approach to resolving stressed assets. “As of March 2026, 1,419 cases have generated resolution plans, leading to the realization of over Rs 4 lakh crore for creditors. This amounts to 95% and 167%…

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No Bidders for Ludhiana’s ₹197-Crore Ghost Complex

File Photo LUDHIANA: A 77-unit neglected property attracted no bidders at auction, extending an 18-year failure streak for the Ludhiana Improvement Trust (LIT), which had hoped for a valuation of ₹197 crore. The government-backed developer must now reevaluate the reserve price, while the 2.22-acre Rani Jhansi Road site remains an unappealing structure after local officials dismissed internal warnings about its excessive reserve price negatively impacting the sale. Local developers had previously shunned it, even with a reduced valuation of ₹154 crore under a prior administration. This inaccessibility has hindered the LIT’s latest revenue generation efforts. The prime commercial building has…

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E-Khata Streamlines Bengaluru’s Property Management: GBA Official

BENGALURU: Munish Moudgil, Special Commissioner (Revenue & IT) of the Greater Bengaluru Authority (GBA), announced that the integration of e-khata with the Kaveri property registration portal has resolved issues in Bengaluru’s property management. Prior to the e-khata integration, around 85% of Kaveri transactions were linked to unauthorized layouts, illegal revenue sites, unapproved subdivisions, or faulty ownership records. In the 2024-25 fiscal year alone, over 75,000 such transactions occurred before e-khata was implemented on October 1, 2024. Following this integration, those instances dramatically decreased, according to Moudgil. The GBA Commissioner noted that some entities benefiting from the previous opaque manual process,…

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Arkade Developers’ Net Profit Falls 96.63% to ₹5.29 Crore

NEW DELHI: Arkade Developers has experienced a significant decline of 96.63% in its net consolidated profit for the fiscal year 2025-26. The profit after tax was reported at ₹5.29 crore compared to ₹156.92 crore in FY25, as per the company’s BSE filing. The net consolidated income rose to ₹828.16 crore in FY26, reflecting a 19.23% increase from ₹694.60 crore in FY25. In Q4 FY26, net total income surged by 48.18% to ₹199.06 crore from ₹134.34 crore year-over-year. However, the company faced a loss after tax of ₹109.56 crore in Q4 FY26, contrasting with a profit after tax of ₹32.26 crore…

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Construction Costs Rise 25% Amid Global Conflicts: CREDAI

NEW DELHI: Since the onset of global conflicts, construction costs have surged by over 25%, primarily due to supply chain interruptions, labor migration, and increased prices for raw materials. Top builders have noted shortages of essential materials, which are exacerbating the issue. Vikas Oberoi, chairman and managing director of Oberoi Realty, expressed during the FY26 earnings call, “Rising costs for energy, aluminum, and glass are stressing us out. This affects the entire industry and is beginning to take a toll.” Experts believe that these crises may serve as a catalyst for leaders to outpace less agile competitors within the industry.…

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Ahmedabad Civic Body’s Property Tax SOP for Businesses with Free Parking

AHMEDABAD: The Ahmedabad Municipal Corporation (AMC) has launched a new initiative aimed at improving traffic flow and decreasing the pressure from unauthorized roadside parking. This is part of the ‘Comprehensive Policy 2026 to Transform Traffic, Parking, Encroachment, Road Safety, and Cattle Management Across the City’. Understanding the importance of collaboration with commercial establishments in addressing the city’s traffic challenges, the AMC has introduced special measures to encourage these businesses. Under this scheme, commercial establishments that open their parking facilities to the public at no cost will be eligible for property tax exemptions corresponding to the designated parking area. The AMC…