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

Hyderabad: 4 Acres in Neopolis Sold for ₹609 Crore

HYDERABAD: Setting a new record beyond its previous high on Nov 24, the Neopolis auction saw a remarkable land sale on Friday. A 4.03-acre plot fetched an astounding Rs 151.25 crore per acre, contributing approximately Rs 609 crore to the state’s revenue. Additionally, another 5.03-acre parcel generated Rs 147.75 crore per acre for the Hyderabad Metropolitan Development Authority (HMDA), bringing the total to Rs 1,352 crore. During this week’s earlier Neopolis auction, the highest bid was Rs 137 crore. Plot no 15, measuring 4.03 acres, was secured by Lakshmi Narayana Gummadi, Karteesh Reddy Madgula, Sharat Ventrapragada, and Shyam Sunder Reddy…

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Sebi Reclassifies REITs as Equity to Enhance Market Participation

NEW DELHI: The market regulator, Sebi, announced on Friday that Real Estate Investment Trusts (REITs) will now be classified as equity-related instruments to encourage greater involvement from mutual funds and specialized investment funds (SIFs). Additionally, the classification of Infrastructure Investment Trusts (InvITs) will remain as hybrid instruments. Sebi stated in its circular, “Effective January 1, 2026, any investment by mutual funds and SIFs in REITs will be classified as an investment in equity-related instruments.” Investments in REITs from existing debt schemes and SIF strategies as of December 31, 2025, will be grandfathered. However, asset management companies (AMCs) are encouraged to…

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17 Tall Buildings Approved in Ahmedabad Over Last 2 Years

Here’s a rewritten version of the content: Representative AI image AHMEDABAD: The Standing Committee of the Ahmedabad Municipal Corporation (AMC) convened on Thursday to evaluate the construction proposals for towers exceeding 70 meters in height within the city. Over the past two years, the AMC has approved development permits for 17 tall buildings, generating an income of ₹250 crore. All 17 structures are located exclusively in the western part of the city and will comprise a total of 2,000 residential and 2,300 commercial units. The AMC’s town development department has already issued the Building Use (BU) certificate for one tower,…

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Umiya Buildcon Buys 20,000 Sq Ft in Bengaluru CBD

Representative AI image NEW DELHI: Umiya Buildcon has acquired a 20,000 sq ft plot in Bengaluru’s central business district (CBD), located off Cunningham Cross Road, for a residential development. The site offers a built-up potential of approximately 55,600 sq ft, and, upon completion, the project is anticipated to contribute nearly ₹200 crore to Umiya’s financial standing. The acquisition coincides with a period of projected steady growth in Bengaluru’s residential market. A recent analysis by ICRA indicates that the city’s housing market is set to see a 3–5% increase in area sold in FY2026, primarily driven by sustained demand in mid-income…

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RIICO Invites Applications for Industrial Land Use Changes in Rajasthan

JAIPUR: Following its board’s announcement in October regarding the change of land use in industrial areas, the Rajasthan State Industrial Development and Investment Corporation (RIICO) has invited applications from industrial plot allottees seeking approval for alterations in the permitted activities on their plots. This initiative aims to make land use in industrial zones more practical, transparent, and in tune with contemporary industrial demands. Applicants will need to pay additional fees for the approval. Recently, RIICO launched an online portal allowing industrial plot holders interested in changing their activity to submit applications along with necessary documentation and a non-refundable fee of…

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Tata Realty & DBS Bank India ink ₹1,280 crore green loan

Representative AI image NEW DELHI: Tata Realty & Infrastructure (TRIL) in collaboration with DBS Bank India has secured a green loan facility worth ₹1,280 crore. In this transaction, DBS Bank India served as the sole advisor and green loan coordinator. The loan has been obtained by a special purpose vehicle (SPV) focused on developing Intellion Park in Gurugram. As India’s real estate sector expands, ESG-linked and climate-focused financing tools are becoming increasingly vital. A new white paper from Sundaram Alternates indicates that the real estate market is responsible for nearly 40% of global energy-related CO₂ emissions, underscoring the importance of…

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Mt K Kapital Unveils $450M Real Estate Fund for Major Cities

NEW DELHI: Mt K Kapital, a real estate investment management firm, has launched its second fund with a target of USD 450 million. This fund receives backing from both general and limited partners. The firm’s objective with this new fund is to invest in projects during the acquisition stage, focusing on locations such as Mumbai, NCR, Pune, and Bengaluru. The target for fund deployment is set for early 2026. Boman Irani, CMD of Rustomjee Group, remarked, “The initial fund, a ₹790 crore MMR-focused initiative, has set a precedent in underwriting, project oversight, and investor relations.” Published On Nov 27, 2025…

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HDFC Capital, Hero Realty Launch ₹1,000 Crore Housing Fund

Representative AI image NEW DELHI: HDFC Capital Advisors, the private equity arm of HDFC Group, has launched a ₹1,000 crore platform in collaboration with Hero Realty, the real estate division of Hero Enterprise, aimed at developing housing projects in tier-I and tier-II cities across India. Currently, Hero Realty is working on five projects with a total potential of 6.4 million sq ft, along with an additional eight million sq ft in five projects planned for the future. Vipul Roongta, MD & CEO of HDFC Capital, stated, “This partnership will facilitate housing development in well-connected towns that serve as extensions of…

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ASK CLAF-I Partners with Amavi by Clarks for ₹500 Crore Fund

NEW DELHI: The ASK Curated Luxury Assets Fund-I (CLAF-I), a partnership between ASK Property Fund and India Sotheby’s International Realty, has launched a ₹500 crore equity platform with Amavi by Clarks, focusing on branded residences. This collaboration is set to invest in equity for luxury second homes located in scenic hills, serene lakes, and spiritual destinations. ASK CLAF-I is registered with the Securities and Exchange Board of India (SEBI) as a Category-II Alternative Investment Fund (AIF) under relevant regulations. The fund aims to raise ₹1,500 crore overall, which includes a green shoe option of ₹500 crore for its final closing.…

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Ghaziabad fines builders for storing materials outdoors

Here’s the rewritten content: GHAZIABAD: The Ghaziabad Development Authority (GDA) has imposed fines of Rs 20,000 on two developers for unlawfully storing construction materials outdoors, breaching construction and demolition waste regulations and directives from the National Green Tribunal (NGT). According to GRAP-3 guidelines, open storage is strictly forbidden, with sites larger than 20,000 square meters required to have PTZ cameras. A GDA official noted that violations were identified in New Panchawati Colony and a location in the Vijaynagar area, leading to penalties being issued in accordance with current construction regulations during the enforcement of GRAP. As per established norms, a…