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

Raymond Realty Q4 FY26 Pre-Sales Surge to ₹1,519 Crore

NEW DELHI: Raymond Realty Ltd announced on Thursday that its sales bookings surged more than two-fold to Rs 1,519 crore for the quarter ending in March, driven by increased demand for residential properties. In comparison, sales bookings were Rs 636 crore during the same period last year. According to a regulatory filing, the company’s pre-sales for the entire fiscal year 2025-26 climbed 31% to Rs 3,023 crore, up from Rs 2,314 crore in the previous year. Raymond Realty has a robust pipeline of upcoming projects with a total revenue potential of Rs 43,000 crore across the Mumbai Metropolitan Region (MMR),…

IndustryLatest Stories

Marathon Nextgen Realty buys majority stake in 3 firms for ₹70 crore

NEW DELHI: Marathon Nextgen Realty has secured a 51% controlling stake in three real estate firms via its fully-owned subsidiary, Nexzone IT Infrastructures. The company invested approximately ₹70 crore to acquire stakes in DVK Developers (₹22.47 crore), Shree S S Developers (₹40.26 crore), and Shree Swami Samarth Builders (₹7.25 crore). The three firms together manage six residential projects with a total development potential of around 5.94 lakh sq ft, translating to an estimated gross development value (GDV) exceeding ₹840 crore. Approximately 35% of these projects are already under construction or set to launch within the next twelve months. Notably, around…

IndustryLatest Stories

Lucknow survey aims to prevent fraud and update records

LUCKNOW: On Wednesday, the LDA initiated a door-to-door verification process for all residential and commercial properties allocated under its various schemes. This initiative aims to update records and prevent potential fraud. A private agency has been engaged for this task. Vice-chairperson Prathamesh Kumar urged residents to assist with the surveys, which are essential for digitizing property records. He emphasized that updated records will enhance the quality and efficiency of services provided to citizens. Officials noted that many property files are either incomplete or missing, hindering official activities and causing challenges for allottees. They believe that outdated or lost records heighten…

IndustryLatest Stories

J&K Govt Finds 578 Illegal Constructions, Issues 807 Permits: CM

Representative AI image JAMMU: The Jammu and Kashmir government announced on Wednesday that the Tourism Development Authorities have approved 807 building permits over the past three years, while identifying 578 illegal constructions across the Union Territory. In response to a question from PDP MLA Waheed-ur-Rehman Para in the Assembly, Chief Minister Omar Abdullah, who oversees the Tourism Department, provided the following breakdown: 245 permits in 2023-24, 147 in 2024-25, and 415 in 2025-26. Abdullah also categorized the permits issued, revealing that 544 were for residential houses, 121 for commercial constructions, 26 for hotels, 14 for huts, and two for guesthouses.…

IndustryLatest Stories

Creditors’ Committee Can Engage Land Authorities in Realty Insolvency

File Photo NEW DELHI: On Wednesday, Finance Minister Nirmala Sitharaman announced that the committee of creditors (CoC) will now be able to invite land authorities to its meetings for discussions regarding regulatory and land-related issues under the insolvency regulations. This move aims to expedite the resolution of bankruptcy cases involving numerous real estate projects. While addressing the Rajya Sabha on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, Sitharaman stated that the amendments narrow the scope of adjudication for case admissions and set stricter timelines to accelerate resolution and enhance the value of stressed assets. The Rajya Sabha has passed…

IndustryLatest Stories

Mahagun Group Secures ₹225 Crore Funding from CSL Finance

Representative AI image NEW DELHI: Mahagun Group has secured ₹225 crore in funding from CSL Finance to boost project execution across its portfolio. The group recently closed a ₹650 crore debt for the Mahagun Medalleo project, repaying ₹310 crore in principal and around ₹340 crore in interest. This fresh capital infusion will help the company accelerate construction and ensure timely project delivery. Published On Apr 1, 2026 at 02:30 PM IST Join the community of over 2 million industry professionals. Subscribe to our newsletter for the latest insights and analysis delivered to your inbox. Stay updated with the ETRealty industry…

IndustryLatest Stories

Prestige Group and Partner to Develop Gurugram Land

Representative AI image NEW DELHI: Prestige Estates Projects has signed a joint development agreement (JDA) with Sare Gurugram for a 17.2-acre plot in Sector 92, Gurugram, as part of its strategy to enhance its residential portfolio in the National Capital Region (NCR). The upcoming project is expected to cover approximately three million sq ft, with a projected gross development value (GDV) of around ₹4,200 crore. The property is situated near the Dwarka Expressway, an area witnessing a surge in residential developments due to improved connectivity and infrastructure. Irfan Razack, Chairman and Managing Director of the company, stated that this acquisition…

IndustryLatest Stories

Institutional Real Estate Investments Reach $1.4 Billion in Q1 2026

NEW DELHI: Institutional investments in Indian real estate reached $1.4 billion during the January-March 2026 quarter, marking the highest first-quarter inflow since 2022, as reported by Vestian. While there was a 62% decline in investments quarter-on-quarter due to a high previous base, a 74% year-on-year increase demonstrates continued investor interest in the face of global uncertainties. Commercial properties led the investment scene, comprising around 80% of total inflows at over $1.1 billion, primarily driven by demand from global capability centres (GCCs), although there was a 51% sequential drop in this segment. Residential investments plummeted to approximately $0.2 billion, reflecting a…

IndustryLatest Stories

Hero Realty Acquires 18,215 Sq M Land in Greater Noida

Representative image NEW DELHI: Hero Realty, the real estate division of Hero Enterprise, has successfully acquired a land parcel of 18,215 square meters in Sector MU, Greater Noida, via a recent auction held by the Greater Noida Industrial Development Authority (GNIDA). The site is designated for residential development. In Gurugram, the company has launched “The Palatial by Hero Homes” located in Sector 104 along the Dwarka Expressway. This project spans around 11 acres. Additionally, the company has introduced a new vertical, Hero Earth, focusing on its plotted development offerings. Through this brand, Hero Realty has entered the Sonipat real estate…

IndustryLatest Stories

Tata Realty to Acquire Bengaluru Land from Hinduja for ₹2,300 Cr

Representative Image BENGALURU | MUMBAI: Tata Realty and Infrastructure Ltd (TRIL) has finalized a binding agreement to purchase over 38 acres in Bengaluru from Hinduja Group companies Gulf Oil Corp and Hinduja Realty Ventures for approximately Rs 2,300 crore. This transaction represents the largest land acquisition, both in scale and value, ever completed in Bengaluru, and ranks among the largest in India. The deal highlights sustained investor confidence in Bengaluru’s office market, which recorded over 20 million sq ft of office space leased in 2025, securing its position as one of the leading markets for office space absorption in the…