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

Omaxe repays ₹80 crore loan to SWAMIH fund

Representative AI Image NEW DELHI: Realty firm Omaxe Group has repaid ₹80 crore in loans, including interest, to the government-backed stress fund, SWAMIH. Omaxe announced on Tuesday that it had fully repaid the loans secured from the SWAMIH fund for projects in New Chandigarh and Prayagraj. The SWAMIH (Special Window for Affordable and Mid-Income Housing) fund had approved ₹168.80 crore for ‘The Lake’ project in New Chandigarh and ₹60.40 crore for the ‘Omaxe Shiva’ series in Prayagraj. Omaxe stated that against the total sanctioned amount, it only drew ₹70 crore but repaid approximately ₹80 crore, including interest. In New Chandigarh,…

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HDFC Capital Invests ₹20 Crore in Earth Fund by Brigade & Gruhas

NEW DELHI: HDFC Capital has formed a partnership with Brigade Enterprises and Gruhas PropTech LLP. This collaboration sees the company acquiring a minority stake in Zoiros Projects and investing ₹20 crore into the Earth Fund. The Earth Fund is dedicated to supporting early-stage ventures that are transforming the built environment. Vipul Roongta, CEO of HDFC Capital, stated, “Launched in 2019, HDFC Capital’s H@ART platform aims to invest in, mentor, and collaborate with companies focused on enhancing efficiencies. Our alliance with Earth Fund is a natural progression of this purpose.” Published On Dec 2, 2025 at 09:07 AM IST Join 2M+…

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Japanese property firms expand aggressively into India’s market

Representative Image MUMBAI: Japanese real estate developers continue to explore the complex Indian market, with many expected to enter, lured by rising rental rates in a rapidly expanding economy and low construction costs. A prime example is Mitsui Fudosan, Japan’s largest property developer, which ventured into India in 2020 through a partnership with local developer RMZ Real Estate to construct an office complex in Bengaluru. According to two sources familiar with the matter, the company may invest an additional 30-35 billion yen (approximately $190-$225 million) in projects with RMZ or other local developers. Last month, Mitsui Fudosan’s management team visited…

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Chennai Builders Urge Govt to Halt Road Grid Plan Enforcement

CHENNAI: Realtors are urging the state government to intervene and halt the CMDA’s enforcement of its grid road plan, which they claim lacks a proper government order. In a letter addressed to Chief Secretary N. Muruganandam, the realtors pointed out that some CMDA officials have been applying the grid layout when processing planning and development applications. “We have brought this to the government’s attention, as the scheme is flawed. The grid proposal disrupts already approved buildings, necessitating a complete re-evaluation. CMDA has been implementing this without statutory approval, leading to numerous projects being on hold, which causes significant hardship for…

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Mumbai Housing Societies Toughen Stance on Builders in Redevelopment

MUMBAI: Traditionally, developers have wielded considerable influence in the real estate market. However, housing societies planning redevelopment are now shifting dynamics in their favor. With builders eager to secure redevelopment rights, these societies are negotiating aggressively, often making “unrealistic demands” for their properties. Market insiders report that housing societies are seeking additional space, hardship compensation, and relocation amounts that exceed prevailing market standards by as much as 15%–25%. Alongside standard area matching and displacement compensations, many are requesting excess amenities and significant hardship payments per member. Some expectations extend beyond what’s feasible, with societies demanding extensive additional area, substantial displacement…

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Odisha directs collectors to allocate sites for landless housing beneficiaries

Representative Image BHUBANESWAR: The Odisha government has instructed district collectors to allocate land sites to landless families beneficiary of various rural housing schemes. In a letter to the collectors, Girish S N, Secretary of the Panchayati Raj and Drinking Water Department, emphasized that eligible landless beneficiaries should be prioritized for housing site allocations. Additionally, the government has directed block development officers (BDOs) to meet with relevant tahsildars on the first Saturday of each month to address these concerns. Unfortunately, there are still 871 beneficiaries of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) in 11 out of 30 districts awaiting land site…

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Andhra Pradesh Cabinet Approves 16,666 Acres for Amaravati

Observing the construction of the Amaravati Outer Ring Roads amidst a growing real estate landscape, representing progress. AMARAVATI: The Cabinet of Andhra Pradesh, led by Chief Minister N Chandrababu Naidu, has approved the second phase of the land pooling scheme for Amaravati, which involves pooling 16,666 acres. The land will be sourced from seven villages in the capital region: Vaikuntapuram, Pedda Madduru, Endrai, Karlapudi, Vaddamanu, Harishchandrapuram, and Peddaparimi. Information and Public Relations Minister K Parthasarathy announced that the Cabinet has authorized the Andhra Pradesh Capital Region Development Authority (APCRDA) Commissioner to proceed with the pooling of 16,666.57 acres from these…

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Kesar India Acquires 24,256 Sq M Land in Hingna for Township

Representative image NAGPUR: Kesar India Limited (KIL) has expanded its presence in Nagpur’s rapidly developing real estate sector by acquiring a 24,256 sqm (approximately six acres) land parcel in Hingna, where it plans to launch a high-rise residential and commercial project projected to generate around ₹900 crore in revenue. The company announced that the upcoming project will encompass more than 1.5 million square feet of space, integrating luxury residences with commercial facilities. Officials involved in the project emphasized that it aims to cater to the increasing demand in Nagpur, which is experiencing a surge in population, a lack of housing,…

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No Construction Without Plinth Marking in Bengaluru, Say Officials

BENGALURU: Aiming to address building plan violations and unauthorized constructions, the Bengaluru Central City Corporation has enacted a comprehensive order. This mandates plinth-line marking, plan verification, and time-constrained demolitions for all constructions within its jurisdiction. According to Commissioner Rajendra Cholan, “Under the new guidelines, construction work cannot commence without obtaining the approved ‘building plinth-line marking.’ Town-planning officials are required to mark foundation boundaries within 30 days of plan approval and issue a foundation certificate before any construction can proceed.” He further mentioned, “Senior planning officials have been tasked with ensuring compliance with this process. To enhance transparency, approved building plans…

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Ahmedabad Plans to Earn ₹473.7 Crore from Five Plots Auctioned

Representative Image AHMEDABAD: During an online auction held on Thursday and Friday, the Ahmedabad Municipal Corporation (AMC) successfully sold five plots in areas such as Shilaj, Chandkheda, Sola, and Vastral, which is projected to bring in ₹473.7 crore. Out of 13 plots listed for sale across different areas in the city, only five were sold. As per the AMC’s estate department, Final Plot No. 93 in Shilaj (TP Scheme No. 216), designated for residential use with an area of 9,765 sq m and a base price of ₹168.9 crore (₹1.7 lakh per sq m), was auctioned for ₹1.7 lakh per…