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.

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EAAA Alternatives Secures ₹2,500 Crore for Real Assets Fund

Alternative asset manager EAAA Alternatives has successfully secured over Rs 2,500 crore with the final closing of its multi-strategy real assets fund, marking a significant milestone as the first diversified platform in India’s domestic alternative investment sector. The Infrastructure and Real Assets Fund, officially categorized as a Category II Alternative Investment Fund (AIF), starts with a base corpus of Rs 1,000 crore and includes a greenshoe option of Rs 1,500 crore. The fund aims to diversify investments across various real asset sectors such as energy, transportation, warehousing, and structured deals including private infrastructure investment trusts (InvITs), thus establishing itself as…

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Lodha Developers’ Q3 FY26 Sales Up 25% to ₹5,620 Crore

NEW DELHI: Lodha Developers announced quarterly pre-sales of ₹5,620 crore for Q3 FY26, reflecting a 25% increase year-on-year. The company is on track to meet its annual pre-sales target of ₹21,000 crore. Collections for Q3 FY26 were ₹3,560 crore, which is lower compared to the same period last year due to unique inflows from significant land and office sales recorded in Q3 FY25. However, the company anticipates an increase in collections in the forthcoming quarters. During the quarter, five new projects were launched with a gross development value (GDV) of ₹33,800 crore across the Mumbai Metropolitan Region (MMR), NCR, and…

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Uttar Pradesh Cuts Rent Agreement Stamp Duty by 90%

LUCKNOW: The Uttar Pradesh Cabinet has approved new proposals allowing the registration of ancestral property partition deeds for a fixed fee of Rs 10,000. Additionally, the stamp duty and registration charges on rent agreements will be reduced by up to 90 percent. The State’s Minister of State (Independent Charge) for Stamp and Court Fee, Registration, Ravindra Jaiswal, shared this information during a press briefing after the Cabinet meeting led by Chief Minister Yogi Adityanath. The objective of these decisions is to alleviate family disputes, curtail informal agreements, and enhance legal security, thereby improving the ease of living in Uttar Pradesh,…

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Railway secures ₹1,368 crore bid for 6-acre land in Mumbai

Representative Image The Railway Land Development Authority (RLDA) has received a bid of Rs 1,368 crore for redeveloping the Supari Baug colony, a nearly six-acre land parcel located in central Mumbai’s Parel area, according to sources familiar with the matter. Dineshchandra R Agrawal Infracon is the sole bidder for this land, which will be redeveloped under a revenue share model through a long-term lease. The reserve price for the plot, which will be granted via a 99-year lease, was set at Rs 1,343 crore. The Supari Baug tender initially garnered interest due to its size and prime location in Parel,…

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Runwal Enterprises buys 200 acres in Alibaug for ₹20,000 crore

Here’s a revised version of the content: — Representative AI image Real estate developer Runwal Enterprises has secured a 200-acre land parcel in the coastal town of Alibaug, situated near Mumbai. This acquisition is part of a ₹20,000 crore integrated township project authorized under the Maharashtra Regional and Town Planning (MR&TP) Act of 1966, which regulates large-scale and mixed-use developments in the region. Led by Subodh Runwal, the firm aims to roll out a project that incorporates both residential and commercial facets. Plans include a five-star hotel and social amenities like a golf course, subject to compliance with planning regulations…

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Noida Authority Forms Panel to Resolve Sub-Lease Backlog

NOIDA: On Saturday, the Noida Authority board approved an eight-member committee to tackle the longstanding issue of non-registration of tripartite sub-lease deeds. This committee, chaired by the additional chief executive officer (group housing) of Noida, is responsible for analyzing the challenges associated with the non-registration of these sub-lease deeds and providing recommendations to resolve them, while ensuring the financial interests of the authority are protected. Officials indicated that the panel’s recommendations could lead to a standardized policy for regularizing sub-lease registrations in ongoing cooperative housing cases across Noida. The decision was influenced by ongoing challenges encountered by flat owners—both current…

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Kerala’s Policy Shift Will Legalize Land-Use Violations

Representative Image THIRUVANANTHAPURAM: Recent years have seen land-use violations in Idukki—previously considered serious enough for court action—shift to the focus of a significant policy change. What’s particularly notable is that these cases were investigated using public funds, with district officials, revenue personnel, and law enforcement dedicating years to identify violations, issue stop orders, and defend their actions in court. Now, those same violations face potential retroactive approval under a new standard operating procedure, effectively undermining years of administrative diligence. Documents submitted to the Kerala High Court by the Idukki district administration in 2023 indicate that these violations were neither isolated…

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Dubai Beckons Flexible Office Providers and Fund Houses

Indian businesses are increasingly opting for Dubai as a destination for expansion. Notable investments have been made by flexible workspace provider CorporatEdge and fund management firm Nisus Finance Services Company Limited. The city’s investor-friendly policies, tax-exempt environment, and Golden Visa program enhance its appeal. This makes Dubai an attractive option for Indian companies seeking global growth and investment opportunities.

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Kerala to implement blockchain for secure land transactions: CM

Representative AI image KANNUR: Kerala Chief Minister Pinarayi Vijayan announced on Sunday that the state government is planning numerous initiatives, including the application of blockchain technology, to enhance the security of land transactions. The chief minister emphasized the government’s goal to deliver comprehensive services directly to citizens’ homes, minimizing the need for office visits. “We have several initiatives in the pipeline, such as utilizing blockchain technology to secure land transactions further and employing scientific methods to eliminate fraudulent documents and duplicate registrations,” he stated. Vijayan shared these insights after inaugurating the annual Registration Department Day celebrations and recognizing the top-performing…

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Sobha’s Q3 FY26 Sales Bookings Surge 52% to ₹2,115 Crore

NEW DELHI: Sobha Ltd, a prominent real estate firm, has announced a remarkable 52% surge in sales bookings, totaling ₹2,115.2 crore for the third quarter of this fiscal year. This growth is attributed to increased volumes and favorable price realization, buoyed by strong housing demand. In comparison, the Bengaluru-based company recorded sales of ₹1,388.6 crore during the same period last year. “We have achieved a historic quarterly performance, with record real estate sales of ₹2,115 crore,” Sobha Ltd noted in its regulatory announcement on Saturday. In terms of physical sales, Sobha Ltd sold 1,370,340 sq ft from October to December,…