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

Golden Growth Fund wraps first real estate AIF at ₹101 crore

NEW DELHI: The Golden Growth Fund has announced the successful closing of its first real estate-focused Alternative Investment Fund (AIF) with assets totaling ₹101 crore. This category-II AIF targets real estate projects in South Delhi. Launched in September 2024, it reported a net asset value (NAV) of 160.9 as of March 2026, reflecting a 61% growth since inception. The fund has achieved an annualized internal rate of return of 47% since its launch. The fund has made investments in three locations within South Delhi: Anand Niketan, Neeti Bagh, and Gulmohar Park. The Anand Niketan project is approximately 80% complete and…

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Bengaluru’s Next Decade: Infrastructure Drives Growth, Says CMD

BENGALURU: The next phase of real estate growth in Bengaluru will be fueled by infrastructure advancements, population increases, and its status as a significant employment hub, according to Murali Malayappan, chairman and managing director of Shriram Properties. Speaking at the RealtyDailyNews Realty & Beyond Summit in Bengaluru, Malayappan noted that the city continues to draw migration and demand for housing driven by employment. “Bengaluru is poised for substantial growth. I don’t perceive any threats from employment issues or major challenges for the real estate sector,” he stated. He pointed out that Bengaluru has experienced one of the swiftest urban growth…

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Mumbai: 450-Acre Antop Hill Slum Cluster to Be Redeveloped

MUMBAI: Following the 101.4-acre Juhu Galli project in Andheri West, the Slum Rehabilitation Authority (SRA) has now focused on redeveloping one of the largest slum clusters in the city at Antop Hill in Wadala, spanning 450 acres. Additionally, two other major clusters—Majaswadi (260 acres) in Jogeshwari East and Behrampada (140 acres) in Bandra East—are also earmarked for redevelopment. SRA has begun the process to secure approval from the state’s high-powered committee for the redevelopment of these three clusters. A consortium led by Reliance recently became the highest bidder for the Juhu Galli project—the city’s first slum cluster redevelopment—offering a 35.1%…

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Bengaluru’s Growth Needs Planned Expansion, Says Maheshwar Rao

Maheshwar Rao M (IAS), Chief Commissioner, Greater Bengaluru Authority (GBA). As Bengaluru embarks on its next urban expansion phase, Maheshwar Rao M (IAS), the Chief Commissioner of the Greater Bengaluru Authority (GBA), emphasizes the necessity of planned development over haphazard growth. During a talk on Tuesday, Rao highlighted that the city’s population is projected to grow sharply in the upcoming decades, making integrated urban planning, housing, transportation infrastructure, and public spaces vital to sustaining economic growth. Rao shared these insights at the RealtyDailyNews Realty & Beyond Summit in Bengaluru, attended by developers, policymakers, consultants, and industry stakeholders focusing on real…

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Goa GIDC Drafts New Bylaws to Enhance Industrial Space

PANAJI: The Goa Industrial Development Corporation (GIDC) is working on establishing specific construction regulations for industrial units to streamline the process of obtaining permissions for industrial sheds. These new building bylaws aim to optimize the built-up area available for manufacturing units in industrial estates. This policy is crucial as Goa is quickly depleting its industrial land. GIDC intends to maximize land utilization for industrial purposes, particularly since many manufacturing units are unable to expand vertically due to the use of heavy machinery. “We plan to introduce our own building bylaws in industrial estates to simplify regulations and maximize the area…

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Andhra Pradesh to Launch Rental Housing for Industrial Workers

VISAKHAPATNAM: The Andhra Pradesh government has initiated a demand assessment for the creation of affordable rental housing complexes (ARHC) for industrial workers statewide. The Andhra Pradesh Township and Infrastructure Development Corporation Limited has pinpointed 13 industrial clusters for this study, including regions such as Anakapalli, Anantapur, Kakinada, Krishna, Nellore, Tirupati, Visakhapatnam, and others. This initiative aligns with the Union government’s ARHC scheme and aims to leverage viability gap funding available under the program. Officials indicate that the project is designed to tackle housing challenges faced by industrial workers, particularly migrants. Many workers are currently residing in informal settlements or unauthorized…

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GoI reconstitutes Chandigarh clearance panels for major projects

CHANDIGARH: The Ministry of Environment, Forest, and Climate Change has reconstituted the State-Level Environment Impact Assessment Authority and the Expert Appraisal Committee for Chandigarh, initiating a new three-year term that will govern ecological oversight for upcoming urban developments. As the top regulatory body, this assessment authority is charged with granting or denying environmental clearances across various sectors in Chandigarh, including industrial, infrastructure, residential, and commercial projects. “The newly appointed administration guarantees that all proposed initiatives conform to established environmental standards,” stated a senior UT official. Formation of Statutory Authority This authority has been established under the legal frameworks of the…

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SRA Identifies 18 New Clusters for Mumbai Redevelopment

The Slum Rehabilitation Authority (SRA) has identified 18 new slum clusters in the Mumbai Metropolitan Region for redevelopment as part of the state government’s Slum Cluster Area Redevelopment Scheme. This follows investor interest in its pilot project in Andheri (West), according to sources familiar with the matter. This initiative aligns with Maharashtra’s strategy to create a slum-free Mumbai, providing secure, permanent housing through extensive redevelopment initiatives outlined in the State Housing Policy 2025. Officials have begun gathering approvals from the High-Powered Committee for significant clusters, including Majaswadi in Andheri (East), Behrampada in Bandra (East), and the Wadala Truck Terminal area.…

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MHADA’s 925-acre Mumbai plan could attract ₹4 lakh crore investment

MUMBAI: The Maharashtra Housing and Area Development Authority (MHADA) aims to launch a redevelopment programme under its Construction & Development Agency (C&D) model, expected to attract investments of approximately ₹4 lakh crore in Mumbai, according to a senior official from the agency. This initiative will facilitate the construction of roughly 75,000 rehabilitation tenements, about 30,000 housing units for MHADA, along with a significant saleable component to benefit private developers. “This large-scale urban renewal initiative will cover around 925 acres across 11 projects, significantly revamping many older housing colonies and reshaping some of Mumbai’s most crowded neighborhoods. In total, these projects…

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Jaipur Development Body Shifts to Direct Plot Auctions for Revenue

Representative AI image JAIPUR: In response to the ongoing real estate slowdown, the Jaipur Development Authority (JDA) has initiated the auctioning of residential plots directly to end buyers, moving away from its prior focus on investor-centric land sales. “The JDA has shifted its emphasis from investors to end users and has commenced e-auctioning vacant plots within residential schemes. Our aim is to encourage direct buyer participation to enhance auction responses and boost revenue,” remarked a JDA official. Previously, the authority allocated commercial, institutional, and group housing plots through various projects. However, due to failure by earlier buyers to pay the…