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

BMC to Offer Amnesty for Pre-Nov 2016 Buildings in Mumbai

MUMBAI: The BMC is set to launch an amnesty scheme aimed at granting occupation certificates (OC) to buildings that have been occupied for years without the necessary approvals. This initiative seeks to resolve a long-standing issue affecting numerous residential buildings throughout the city and its suburbs. According to civic officials, the scheme will pertain to structures built before November 17, 2016, including those that faced issues due to deviations from approved plans or additional constructions that barred them from receiving OC certification. At present, while these buildings receive water supply on humanitarian grounds, they are billed at significantly elevated rates…

IndustryLatest Stories

Layout Approvals Reflect Bengaluru’s Evolving Growth

Representative AI image BENGALURU: The evolution of the city’s urban sprawl is evident not just in its changing skylines but also in its developmental layouts. Data from the Bangalore Development Authority (BDA) highlights how the city’s growth trajectory has shifted over the past fifty years in response to changes in land use, job availability, and infrastructure. From 1972 to 2025, the BDA has approved 1,017 layouts. In the early years, development was concentrated in southern Bengaluru, which still represents 40-43% of all approved layouts. Areas like Uttarahalli, Begur, and Kengeri emerged as primary hubs for planned expansion, attributed to their…

IndustryLatest Stories

TDI Infratech, DC Group to invest ₹750 crore in Ludhiana project

NEW DELHI: Realty company TDI Infratech announced a partnership with DC Group to develop a 150-acre township in Ludhiana, with an investment of ₹750 crore. The upcoming township will feature luxury housing, residential plots, and low-rise independent floors, catering to both end-users and long-term investors. The total developable area will exceed 6 million square feet. As per their statement, “TDI Infratech, in collaboration with DC Group, has announced its venture into Ludhiana through the establishment of an integrated township spanning approximately 150 acres.” Akshay Taneja, Managing Director of TDI Infratech, emphasized that Ludhiana stands out as a high-potential market with…

IndustryLatest Stories

Max Estates posts ₹5,305 crore pre-sales for FY26

NEW DELHI: Max Estates has announced pre-sales amounting to ₹5,305 crore for FY2026, primarily fueled by robust sales in the March quarter, which contributed ₹3,392 crore to the total. In comparison, the company’s pre-sales for FY2025 stood at ₹5,321 crore. Estate 105 in Noida garnered approximately ₹1,783 crore shortly after its launch in March, while Estate 361 in Gurugram added ₹1,704 crore. Additionally, Max One in Noida contributed ₹1,415 crore, which includes bookings recognized post-regulatory approvals. Sahil Vachani, the vice chairman & managing director, commented, “As we look ahead to FY27, we foresee considerable growth, backed by a total GDV…

IndustryLatest Stories

Keystone Realtors’ Q4 FY26 Pre-Sales Surge 58%

NEW DELHI: Keystone Realtors has reported pre-sales of ₹13.46 billion in Q4 FY26, up from ₹8.54 billion in Q4 FY25, reflecting a year-on-year growth of 58%. During FY26, total pre-sales reached ₹40.22 billion, compared to ₹30.28 billion for FY25, marking a 33% year-on-year increase. Boman Irani, chairman & managing director of the company, stated, “Our collections achieved remarkable growth, totaling ₹26.21 billion for FY26. On the business development side, we successfully launched five projects in FY26, with an aggregate GDV of ₹104.20 billion—an impressive 118% growth year-on-year. In FY26, we introduced seven projects with an estimated GDV of ₹98.13 billion,…

IndustryLatest Stories

SIT to Probe EWS Quota Violation in Nashik: Maharashtra Minister

Nashik: Revenue Minister Chandrashekhar Bawankule announced on Saturday that the state government will soon establish a Special Investigation Team (SIT) consisting of one IPS and two IAS officers to investigate allegations against 197 developers in Nashik. These developers reportedly evaded the mandatory 20% reservation for economically weaker sections by unlawfully splitting large landholdings into smaller plots. Bawankule revealed that numerous builders, developers, and government officials are suspected of colluding to illegally divide large land parcels to keep the total development area below 4,000 sqm, thereby circumventing the EWS reservation requirement. “Upon reviewing the case’s gravity, it seems evident that there…

IndustryLatest Stories

Delhi’s Leasehold to Freehold Conversion Halted for Review

NEW DELHI: The Delhi Development Authority (DDA) has suspended the conversion of properties from leasehold to freehold for the past three months, causing uncertainty for applicants. DDA officials confirmed that the ministry of housing and urban affairs (MoHUA) is currently reviewing the policy to rationalize rates and streamline procedures. However, no update on the review status has been communicated. The decision, aimed at enhancing transparency and making the process more user-friendly, has instead resulted in confusion for many applicants who are waiting for clarity on the new policy and expected timelines. A DDA official stated, “The current policy is undergoing…

IndustryLatest Stories

Institutional Investments in Indian Real Estate Surge 25% to $1.6B

NEW DELHI: According to a recent report by Colliers India, institutional investments in Indian real estate grew 25% year-on-year to $1.6 billion in the January–March quarter of 2026, primarily fueled by a notable rise in domestic capital. Domestic investments experienced a remarkable 57% increase, reaching $1.2 billion and comprising nearly 75% of the total inflows, a significant rise compared to historical averages. On the other hand, foreign investments saw a decline of 23% year-on-year, totaling $0.4 billion amidst global market uncertainties. Delhi-NCR and Bengaluru were key players, together accounting for 46% of total inflows, attracting approximately $0.4 billion and $0.3…

IndustryLatest Stories

Over 18 Lakh Kanals of Land Encroached in J&K: Official Data

Representative AI image JAMMU: Over 1.8 million kanals of land are reported to be encroached in Jammu and Kashmir, with only 29,000 kanals reclaimed so far, according to official data. The data indicates that a total of 1,838,735.42 kanals are affected, consisting of 1,722,993 kanals of state land and 115,742.42 kanals of forest land. It was noted that encroachment entries in revenue records have been removed. Officials from the revenue department state they are acting under the Land Revenue Act to evict encroachers. However, they acknowledge it is a significant issue, stating ongoing eviction drives without a fixed timeline. “The…

IndustryLatest Stories

Sobha’s Q4 FY26 Pre-Sales Up 11% to ₹2,039 Crore

NEW DELHI: Sobha Ltd, a prominent real estate developer, reported an 11% growth in sales bookings, totaling ₹2,039.3 crore for the fourth quarter of the last fiscal year, driven by increased demand for its residential projects. The previous year’s pre-sales were ₹1,835.7 crore. According to a regulatory filing on Friday, Sobha achieved its highest annual sales bookings of ₹8,135.9 crore during the fiscal year 2025-26, up from ₹6,276.5 crore the year before. “Sobha concluded FY26 on a strong note, maintaining the momentum from the previous three quarters. Despite global uncertainties such as trade policy changes and geopolitical tensions in West…