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

Patna Civic Body to Survey Properties to Boost Revenue and Curb Abuse

PATNA: The Patna Municipal Corporation (PMC) is launching a comprehensive survey to address the significant disparity between electricity connections and registered properties in the state capital. This initiative aims to identify unregistered properties, verify self-assessments, confirm actual occupancy status, and uncover misuse of residential properties for commercial activities. According to PMC officials, there are over five lakh electricity connections in Patna, yet only around 3.06 lakh properties are registered with the municipal body. Alarmed by this inconsistency, the urban development and housing department (UDHD) has directed a thorough survey across all sectors under PMC jurisdiction to validate these records. This…

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Goa: 18,000 sq meters in Bardez Converted to Settlement Zones

Representative image PANAJI: The Town and Country Planning (TCP) department continues to approve zone change proposals under Section 39A of the Town and Country Planning Act. Recently, the department greenlit the conversion of 18,629 sqm of land to settlement zones, mainly in Sircaim and Mandrem. The approvals reflect a significant concentration of land conversion activity in Bardez, with five of the six proposals located here, while Pernem holds the remaining site in Mandrem. The most extensive conversion was authorized in Sircaim, Bardez, where a developer received permission to change 5,410 sqm of orchard land to settlement. Additionally, the same applicant…

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Hawelia Group Receives UP-RERA Approval for Noida Project

NEW DELHI: Hawelia Group announced on Sunday that it will invest ₹770 crore to revive a 22-acre housing project in Greater Noida, following approval from the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). The company’s involvement will help over 2000 homebuyers who have been waiting for years to see their investments realized. In 2023, the Delhi-NCR-based firm reached an agreement with SJP Infracon, the previous promoter of the stalled ‘Shri Radha Sky Gardens’ project, to ensure its completion. The firm sought governmental approval to act as a co-promoter in this delayed development. In its statement, Hawelia Group mentioned that it…

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HUDCO, NBCC Sign MoUs for Delhi Redevelopment, Asset Deals

NEW DELHI: Housing and Urban Development Corporation Limited (HUDCO) announced on Saturday that it has entered into two Memorandums of Understanding (MoUs) with NBCC (India) Limited for collaboration on redevelopment and asset monetization projects. As per a stock exchange filing, “HUDCO has signed two MoUs with NBCC on April 11, 2026.” The first MoU aims at the redevelopment of a significant property located in the national capital. The filing noted that the two companies will “collaborate on the redevelopment of a leasehold plot… approximately 18,830 sq mt. at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi.” The…

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Jammu & Kashmir: 415 Building Permits Issued in 2025-26

JAMMU: The tourism sector in Jammu and Kashmir is witnessing significant growth, with tourism development authorities (TDAs) issuing 415 building permissions in 2025-26 alone, surpassing the total from the last two financial years combined. In total, from 2023 to 2026, 807 building permissions were granted in the Union territory, according to official statistics. Over the past three years, TDAs have identified more than 500 unauthorized constructions in prominent tourist areas, leading to notices being served, FIRs registered, penalties imposed, and demolitions carried out. The tourism department reported that 245 building permissions were issued in 2023-24, followed by 147 in 2024-25,…

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24 Industrial Plots Available Across Greater Noida Sectors

Representative AI image NOIDA: The Greater Noida Industrial Development Authority has introduced a scheme offering 24 industrial plots across various sectors to stimulate investment and promote industrial development. The plots are situated in Ecotech-1 (Extension 1), Ecotech-6, Ecotech-8, Ecotech-10, Ecotech-11, and Sector 16. Officials indicated that this initiative aims to enhance Greater Noida’s status as a manufacturing and logistics hub, capitalizing on its close proximity to Noida International Airport. Applicants will be assessed based on criteria such as financial stability, net worth, and employment generation potential, with extra consideration given to start-ups, export-oriented units, women entrepreneurs, SC/ST applicants, and expansion…

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Real Estate Private Equity Soars 66% to $1.2B in Q1 2026

NEW DELHI: Private equity (PE) investments in India’s real estate sector reached $1.2 billion in the January-March quarter of 2026, reflecting a 66% rise from the same period last year, as reported by Savills India. Office assets represented the largest portion of these investments at 41%, primarily concentrated in markets like Gurugram and Pune. The hospitality sector followed, capturing a 17% share, indicating a growing interest from investors in asset classes beyond the traditional ones. Domestic investors were the main contributors to equity inflows this quarter, accounting for $817 million, which is approximately 66% of total investments. A significant 63%…

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Haryana Updates Housing Policy: Requires One Parking Space per Unit

Representative Image NEW DELHI: The Haryana government has updated its Affordable Housing Policy, 2013, adjusting parking requirements and increasing allotment rates for residential units in cities like Gurugram and Faridabad. According to the updated policy, developers are now required to provide one equivalent car space (ECS) for each dwelling unit. The cost for this parking will be limited to 10% of the flat’s purchase price. Additional parking can be allocated for visitors or two-wheelers, with designated slots to be specified during building plan approvals. For ongoing projects lacking these parking provisions, developers must secure consent from at least two-thirds of…

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RIICO Enables Sale of Rajasthan Financial Corporation Properties

Representative Image JAIPUR: The Rajasthan State Industrial Development and Investment Corporation (RIICO) has granted conditional approval for issuing No Objection Certificates (NOCs) to the Rajasthan Financial Corporation (RFC) for the sale of properties that were allotted to it. According to a statement from RIICO, the RFC is permitted to sell properties located in several industrial zones across Banswara, Kota, Alwar, Jhunjhunu, Abu Road, Balotra, Jalore, and Bhiwadi. These properties were allocated by RIICO over time at either concessional or current market rates for constructing office and residential buildings. RFC sought NOCs from RIICO to facilitate these plot sales, and the…

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Flat Dispute in Mumbai: Developer, Designer’s Kin File Cross FIRs

MUMBAI: A disagreement between a builder and a buyer regarding a flat in Oshiwara has resulted in the filing of cross FIRs. The Oshiwara police have initiated a cheating case against developer Sameer Bhube following a complaint from fashion designer Riyaz Ganji. Simultaneously, an extortion case was registered against Ganji and his niece, Fazila Mukhi, based on the builder’s counter-complaint. According to the complaint, in April 2016, Ganji made a payment of Rs 45 lakh out of a total of Rs 72 lakh for a flat in the Royal Green Project, which is registered in the names of Akil and…