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

BSNL to Auction 11-Acre Land in Madhyamgram, Kolkata

Representative AI image KOLKATA: Officials have announced that an 11.1-acre land parcel belonging to BSNL on Jessore Road in Madhyamgram is expected to be auctioned within the next two to three months. The Central Public Sector Undertaking has placed an initial valuation of Rs 179 crore on the property, which could exceed Rs 250 crore as major players are anticipated to participate in the auction. Recently, BSNL sold an 87 cottah land parcel in Kankurgachi for Rs 131 crore, achieving a price of Rs 1.5 crore per cottah, marking it as one of the city’s top land deals and the…

IndustryLatest Stories

BMC Seeks Tenants for 30-Year Lease of Worli Plot

Representative AI image MUMBAI: On Friday, BMC released a tender for leasing a plot in Worli for a 30-year term, extendable by an additional 30 years, under a model ensuring private participation. The plot covers 1,299.52 sq m and is strategically located near the Bandra Worli Sealink. Last year, G South ward officials reclaimed this plot after the previous lease expired, with intentions of converting it into a municipal gymkhana for officers. As part of the newly announced tender, the successful bidder will need to develop the plot in accordance with the sanctioned Development Plan 2034 for the G/South ward.…

IndustryLatest Stories

ONE Group to invest ₹700 crore in reviving Sushant Aquapolis

NEW DELHI: ONE Group has successfully acquired the former Sushant Aquapolis project on NH9, Ghaziabad through the NCLT process, rebranding it as ONE Aquapolis. The group intends to invest approximately ₹700 crore to complete and revitalize the project, aiming for a total revenue potential of ₹1,300 crore. This investment will prioritize infrastructure improvements, landscaping, and enhanced amenities. Spanning 26.18 acres, this integrated group housing development consists of 26 towers with around 3,000 residential units. To date, over 150 units have been handed over, and 125 families are currently residing in the community. Published On Nov 21, 2025 at 01:00 PM…

IndustryLatest Stories

SEBI to Engage Stakeholders for REITs Inclusion in Indices

NEW DELHI: The Securities and Exchange Board of India (Sebi) plans to collaborate with industry stakeholders to include Real Estate Investment Trusts (REITs) in market indices, a step that is anticipated to significantly enhance liquidity for these instruments, as stated by chairman Tuhin Kanta Pandey on Friday. Speaking at the National Conclave on REITs and InvITs-2025, Pandey remarked, “Sebi will work with all stakeholders to facilitate the inclusion of REITs in indices.” REITs manage and operate real estate, providing investors an opportunity to invest in high-value properties while earning dividend income that can increase capital over time. Once included in…

IndustryLatest Stories

SEBI Considers Expanding Investment Options for REITs, InvITs

BENGALURU: The chairperson of India’s market regulator has announced plans to expand liquid mutual fund options for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to enhance their participation in the market. “We are reviewing a proposal to increase the accessible liquid mutual fund schemes for REITs and InvITs, with a focus on protecting investor interests,” said Tuhin Kanta Pandey, chairman of the Securities and Exchange Board of India (SEBI). Furthermore, Pandey noted that SEBI will work towards incorporating REITs into market indices, as outlined in his speech on the regulator’s website last Friday. This initiative follows SEBI’s…

IndustryLatest Stories

Two Ahmedabad Developers Allegedly Forge MoU for Land Claim

AHMEDABAD: Recently, allegations of cheating and forgery have emerged against two land developers. The complainant, Bhavesh Patel, a resident of Bopal, has accused Ujash Shah and Sanjay Shah of Ethereum Infracon LLP of deceit. According to Patel, he entrusted the accused with the development and marketing of numerous land plots in Ahmedabad district. “We trusted their expertise after several meetings with them,” Patel stated. However, it was later revealed that the accused allegedly forged documents to sell the land to others without Patel’s consent. Patel further claims the duo created a fraudulent Memorandum of Understanding (MoU) that included forged signatures.…

IndustryLatest Stories

Amaravati ORR Project Fuels Real Estate Boom

Representative AI image VIJAYAWADA: The Amaravati Outer Ring Road (ORR) project is igniting a substantial real estate boom in areas surrounding the capital. With land acquisition accelerating and gazette notifications in progress, property prices near the proposed route have soared, showing one of the sharpest increases in recent years. Notable price hikes are occurring in regions like Kanchikacherla (NTR district), Agiripalli–Pottipadu (Eluru and Krishna districts), and around Kankipadu, where real estate firms are actively seeking investment opportunities. Locals report that land values in several areas have surged by nearly 35% within just a few weeks. Residents attribute this increase to…

IndustryLatest Stories

Godrej Properties buys 75-acre plot in Nagpur

Representative AI image NEW DELHI: Godrej Properties (GPL) has successfully acquired a 75-acre land parcel in Nagpur, which has an estimated revenue potential of ₹755 crore. According to Gaurav Pandey, MD & CEO of Godrej Properties, “This acquisition is a significant milestone in our expansion strategy as we aim to enhance our footprint in emerging real estate markets across India.” This marks the third acquisition in Nagpur within the last four years. The planned development on this land will primarily consist of residential plotted units, offering an estimated saleable area of 1.7 million square feet. With this recent acquisition, the…

IndustryLatest Stories

Hyderabad: ORR’s Challenged Industries Can Alter Land Use

Representative AI image HYDERABAD: The state government has rolled out the Hyderabad Industrial Lands Transformation Policy (HILTP) 2025, allowing industries within the Outer Ring Road (ORR) that are no longer economically viable due to outdated technologies to shift land use for residential and commercial purposes, upon payment of a fee. This change aims to generate revenue for the government. The cabinet approved this policy on November 17. Officials noted that this policy will affect approximately 10,000 acres in industrial estates, parks, and auto nagars managed by the Telangana State Industrial Infrastructure Corporation (TGIIC) and related authorities, as well as standalone…

IndustryLatest Stories

Maharashtra approves free regularization for small plot deals

NAGPUR: On Tuesday, the Maharashtra government approved a significant reform to regularize thousands of small land transactions that previously violated the state’s fragmentation law. This initiative aims to provide long-awaited legal recognition to holdings that have remained uncertain for decades. The revenue department has introduced a new operating framework allowing these plots to be regularized without incurring any fees, benefiting nearly 60 lakh property owners. Previously, individuals seeking regularization were required to pay a penalty of 25% of the land’s current market value, which was later reduced to 5%. However, participation remained low. Officials noted that waiving all fees aims…