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

Delhi to Revamp Property Registration, Modernize Offices: CM

NEW DELHI: The Delhi government is gearing up for a comprehensive transformation of the property registration system in the capital. The initiative aims to modernize Sub-Registrar offices, enhancing transparency and making them more citizen-friendly by reducing delays, corruption, and reliance on agents. On Saturday, Chief Minister Rekha Gupta instructed officials to implement significant reforms across all Sub-Registrar offices to ensure that citizens can register properties smoothly, without unnecessary obstacles. The government’s objective is to turn these offices into effective service centers providing timely and hassle-free services. Recently, the Chief Minister held a high-level meeting with senior officials to discuss the…

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Jharkhand Seeks Amendments to Building Regularization Rules

RANCHI: The Association of Licensed Technical Professionals of Jharkhand, made up of leading architects and structural engineers, has reached out to the Chief Minister to request significant modifications to the newly implemented ‘Jharkhand Regularisation of Unauthorizedly Constructed Building Rules, 2026’. The letter states that the existing framework limits regularisation applications to individuals with a total plot size not exceeding 300 square metres (approximately 3,228 square feet or 7.41 decimals). This criterion, according to the association, marginalizes a large segment of the population governed by the Chotanagpur Tenancy (CNT) Act, where traditional land holdings usually exceed 10 decimals, thus excluding them…

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HDFC Bank Funds ₹300 Crore Luxury Housing in Hyderabad

NEW DELHI: HDFC Bank has allocated Rs 300 crore towards an ultra-luxury residential project in Kokapet, Hyderabad, as developers seek structured financing in response to a cooling housing market and an increasing demand for high-end homes. This investment will facilitate the completion of the project, which has a gross development value of Rs 2,000 crore and is being developed by DE Blue Oak and P Mangatram. Transaction advisor CBRE has opted not to comment. Recently, there has been a surge in funding within the residential real estate sector as developers look for credit options amid a dip in sales. “There…

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Maharashtra Offers Free Rural Property Cards, Waives Fees

Representative AI image NAGPUR: The state government has announced that villagers throughout the state will be issued property cards free of charge as part of the Centre’s Swamitva scheme. To alleviate the financial burden on rural residents, the government will also waive the sanad fees for property ownership regularization. During a review meeting at the Konkan Divisional Commissioner’s office on Wednesday, Revenue Minister Chandrashekhar Bawankule highlighted the state’s aim to simplify the legal ownership process for rural households. The guardian minister for the Nagpur district stated that the decision will come into effect after necessary modifications to Gram Panchayat Form…

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Kolte-Patil Reports FY26 Net Loss of ₹38.08 Crore

NEW DELHI: Kolte-Patil Developers (KPDL) reported a net consolidated loss after tax of ₹38.08 crore for the financial year 2025-26. This marks a significant decline from a profit after tax of ₹109.33 crore achieved in FY25, according to a filing with the BSE. In FY26, the company’s net consolidated total income was ₹802.50 crore, a decrease of 54.50% from ₹1,763.73 crore in FY25. In Q4 FY26, net consolidated total income fell by 63.75%, totaling ₹262.16 crore, compared to ₹723.20 crore in the same quarter of the prior year. The company reported a loss after tax of ₹66.29 crore for Q4…

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Ashiana Housing to invest ₹186 crore in Jaipur project phase 1

NEW DELHI: Ashiana Housing is set to invest ₹186.78 crore in the first phase of Ashiana Oma, a residential group housing project located in Mansarovar Extension, Jaipur. The total cost of the project is estimated at ₹558.60 crore. The development is situated in the Ajmer Road micro-market and spans approximately 10.35 acres, planned in two phases with a total of 490 units. The initial phase will consist of 280 residences, featuring 3BHK and 4BHK apartments and penthouses. Unit sizes will range from around 1,740 sq ft to 2,700 sq ft. Ashiana Oma is being realized through a joint venture under…

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Prestige Estates’ Profit Soars 111.61% to ₹1,305.4 Cr in FY26

NEW DELHI: Prestige Estates Projects has announced a remarkable 111.61% growth in its consolidated net profit for the fiscal year 2025-26, reaching ₹1,305.4 crore compared to ₹616.9 crore in FY25, according to a filing with BSE. The company’s overall consolidated income for FY26 amounted to ₹13,195.5 crore, up by 70.58% from ₹7,735.5 crore in FY25. In the fourth quarter of FY26, the net consolidated income surged by 160.71% to ₹4,143.5 crore, rising from ₹1,589.3 crore in the same quarter of the previous year. The profit after tax for Q4 FY26 was ₹291.8 crore, compared to ₹43.1 crore reported during the…

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MHADA Assesses Housing Project Progress in Kalyan Taluka

NEW DELHI: Sanjeev Jaiswal, vice-president and CEO of the Maharashtra Housing and Area Development Authority (MHADA), conducted an inspection of housing projects being developed by the Konkan Housing and Area Development Board in the Kalyan taluka of Thane district. During his visit to project sites in Khoni, Shirdhon, Gotheghar, and Bhandarli, Jaiswal reviewed the progress of ongoing construction. He emphasized the need for quality, transparency, and timely completion of projects. He further assessed various aspects such as construction quality, internal road access, water supply, electricity provisions, sewage management, and the green spaces and civic amenities planned for residents. The Khoni…

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White Flower Developers to Buy 6,000 sq m Land in Goa for ₹65 Cr

Representative image created by AI NEW DELHI: White Flower Developers plans to venture into the Goa real estate market, acquiring 6,000 sq meters of land for ₹65 crore to develop three villa projects in Assagao, Tivim, and Siolim. The Assagao project will consist of five villas with an estimated value of ₹60 crore and a development area of 2,500 sq meters, while the Tivim project will feature eight villas estimated at ₹50 crore. The company is also set to acquire Igreha Vaddo, a 150-year-old Portuguese-style heritage villa in Siolim, covering 1,200 sq meters and valued at ₹20 crore. In total,…

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Sundaram Alternates Raises ₹2,500 Crore for Real Estate Fund

NEW DELHI: Sundaram Alternates has successfully finalized its fifth real estate credit fund, SA Real Estate Credit Fund V, with a total corpus of ₹2,500 crore. Launched in October 2025, the fund surpassed its initial target of ₹1,500 crore and has already allocated over 90% of the raised capital across various investment transactions. The Sundaram Finance Group serves as the sponsor for this fund, which adopts a performing credit strategy that targets senior-secured, amortizing, and cash-generating debt opportunities primarily in brownfield residential projects. With this latest fund, Sundaram Alternates has amassed a total of over ₹5,500 crore across its real…