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

Revised TOD Rules Open 207 sq km for High-Density Housing in Delhi

Representative AI Image NEW DELHI: The government has released updated regulations for Transit Oriented Development (TOD) as part of Delhi’s Master Plan 2021. This initiative aims to encourage high-density, mixed-use development and enhance the availability of affordable housing along metro and transit corridors. The revised policy encompasses approximately 207 sq km within a 500-metre radius of metro corridors and key transit nodes, including RRTS and railway stations. Significantly, this is the first time around 80 sq km of land, including land pooling areas, low-density residential zones, and unauthorized colonies, has been included under TOD. According to the new norms, developers…

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Mumbai developers contribute ₹11,626 crore to BMC in FY26

MUMBAI: Builders in the city emerged as the leading revenue source for the BMC during 2025-26, contributing a staggering Rs 11,626 crore in premiums and development charges. This figure reflects a significant increase from the BMC’s highest recorded property tax collection of Rs 7,610 crore in the previous financial year, driven primarily by extensive redevelopment projects. “The development plan department is the principal revenue generator for the municipal corporation,” stated a civic official. This amount marks the highest collection from developers since the Covid-19 lockdown. In October 2020, the BMC incentivized the real estate sector by offering a 50% discount…

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Mumbai: BMC to Sell Prime Worli Plot for ₹455 Crore

Representative AI image MUMBAI: Following an inquiry ordered by junior urban development minister Madhuri Misal regarding BMC’s Rs 600-crore tender for the redevelopment of its municipal testing laboratory in Worli, the civic body has launched a tender to sell a prime 5,166 sqm plot to builders for “commercial exploitation” at a starting price of Rs 455 crore. The highest bidder will have the opportunity to construct residential or commercial towers on the site. BMC initially aimed to redevelop the laboratory and construct a new facility along with a multistory robotic parking tower and commercial units on this residentially zoned plot.…

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Ghaziabad: GDA Requires Rooftop Solar Panels in Building Maps

Representative Image GHAZIABAD: The Ghaziabad Development Authority has mandated that developers and property owners allocate space for rooftop solar panel installations in building plans submitted for approval. Officials have stated that any maps not in compliance will be rejected immediately. As part of the PM Surya Ghar scheme, applicants are also required to pay a refundable fee upon map approval, which will be returned once installation is confirmed during an inspection. The fee structure is based on plot size: Rs 20,000 for plots between 200 and 500 square meters, Rs 50,000 for plots ranging from 500 to 1,000 square meters,…

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Revival Path Opens for All Sports Cities With Noida Plans

Representative AI image NOIDA: The Noida Authority board has approved a revised layout for the Lotus Greens Sports City project, effectively lifting a ban imposed on all four Sports City projects in 2021. This decision paves the way for the revival of these initiatives, which collectively feature around 32,000 flats. This choice, made in adherence to a Supreme Court directive from November 2025, concludes a freeze that had obstructed map approvals, building plan revalidations, and occupancy certificates due to a Comptroller and Auditor General (CAG) audit that highlighted irregularities in project allotment and execution. The Sports City scheme aims to…

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Centre Issues New TOD Rules for Delhi, Unlocks 207 sq km for Housing

Representative AI Image NEW DELHI: The government has announced updated regulations for Transit Oriented Development (TOD) as part of the Delhi 2021 master plan. This initiative aims to foster high-density, mixed-use development and enhance affordable housing options along metro and transit corridors. The new policy encompasses approximately 207 sq km within a 500-meter radius of metro lines and significant transit hubs, including RRTS and railway stations. For the first time, around 80 sq km of land, which includes pooling areas, low-density residential zones, and unauthorized colonies, will come under the TOD framework. Under the new guidelines, developers can have a…

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NCLT Clears Merger of Nirmal Lifestyle and Oberoi Realty

NEW DELHI: The Mumbai bench of the National Company Law Tribunal (NCLT) has sanctioned the merger of Nirmal Lifestyle Realty with Oberoi Realty, according to a regulatory filing from the company. This merger will take effect once the NCLT order is filed with the Registrar of Companies. Nirmal Lifestyle Realty will be dissolved without winding up as part of this merger. Since the transferor company is wholly owned by the listed entity, there will be no shares issued under the scheme, resulting in the cancellation of its entire share capital. The objective of this merger is to streamline the group’s…

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Ahmedabad: 3 Gota Construction Sites Sealed for No Green Nets

AHMEDABAD: In a decisive move against dust pollution and urban safety violations, the Ahmedabad Municipal Corporation (AMC) has shut down three significant construction sites in Gota ward as of Saturday. This action followed the failure of these sites to install essential green nets and barricades to manage particulate emissions. A team from the AMC’s Estate and Town Development Officer (TDO) department conducted an unannounced inspection, leading to the suspension of work at Evera, S Plus, and Solo Bliss 2 sites for breaching the city’s Good Construction Practice Policy. Additionally, the Solo Bliss site received a fine of ₹1 lakh for…

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Lodha Developers’ Q4 FY26 Pre-Sales Hit ₹5,890 Crore

NEW DELHI: Lodha Developers has reported pre-sales of ₹5,890 crore for the January-March quarter of FY26, reflecting a 23% increase from the previous year. For the entire financial year, pre-sales reached ₹20,530 crore, a rise of 16% year-over-year. The company noted that sales in March fell short of expectations due to a slight deferment in demand. Collections in Q4 FY26 increased by 18% year-over-year, totaling ₹5,230 crore, while full-year collections were ₹15,160 crore, marking a 5% annual growth. During the quarter, the company launched one project in the Mumbai Metropolitan Region, valued at a gross development value (GDV) of ₹1,300…

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Telangana: TGIIC to Auction Osman Nagar Land on April 23

Representative AI image HYDERABAD: The Telangana State Industrial Infrastructure Corporation (TGIIC) is set to auction land in Osman Nagar on April 23. The auction will feature only two parcels of land: a 10-acre site and a 5.72-acre plot, as opposed to the initially planned six parcels. Originally, the auctions were scheduled for March 10, 13, and 16 in Osman Nagar, encompassing 48 acres. However, TGIIC postponed the auction due to various factors, including confusion regarding the utilization of transferable development rights (TDR), assembly budget sessions, and uncertainties in the real estate market. The state government has set the upset price…