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

Godrej Properties buys 3.8 acres in Bengaluru

Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired a 3.8-acre land parcel on Sarjapur Road in South Bengaluru. This project has a revenue potential of ₹2,400 crore and a development potential of two million sq. ft. With this acquisition, GPL anticipates an estimated total revenue potential of ₹3,500 crore, encompassing a total of three million sq. ft. across a larger 30-acre development. Published On Nov 20, 2025 at 09:25 AM IST Join the community of 2M+ industry professionals. Subscribe to our newsletter for the latest insights & updates. Get all the ETRealty updates right on your smartphone!

IndustryLatest Stories

Maharashtra: IGR Panel Calls for Stricter Property Registration Controls

PUNE: A five-member inquiry committee, led by Joint Inspector General of Registration Rajendra Muthe, has proposed significant reforms to enhance Maharashtra’s property registration system and reduce revenue loss. This recommendation follows an investigation into irregularities linked to a ₹300-crore land purchase case in Mundhwa involving Amadea Enterprises LLP, associated with Deputy Chief Minister Ajit Pawar’s son, Parth. According to sources familiar with the report, the committee has advised that registrars must obtain a formal decision from the Stamp Collector under Section 31 of the Maharashtra Stamp Act before granting stamp duty exemptions based on government notifications. “This measure is vital…

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Maharashtra Minister Orders Free Regularization of Small Lands

MUMBAI: Maharashtra’s Revenue Minister, Chandrashekhar Bawankule, announced on Tuesday the free regularization of small land parcels that were purchased in violation of the Fragmentation Act. This initiative is projected to benefit approximately 60 lakh property holders and nearly three crore citizens statewide. “Entries reflecting transactions violating the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act will be erased from the 7/12 land title document,” Bawankule stated. He emphasized that the newly implemented eight-point procedure will legitimize thousands of long-standing small-plot transactions in Maharashtra. In response to Bawankule’s directive, the revenue department indicated that this procedure will apply to land…

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AU Real Estate Secures Selling Rights for Aspire Leisure Valley 2

Representative AI image NEW DELHI: AU Real Estate has secured the selling rights for Aspire Leisure Valley, a residential project by NBCC (India), through a ₹1,069 crore deal that also includes Aspire Centurion Park. Earlier this year, in May 2025, AU Real Estate obtained sales rights for Aspire Silicon City valued at ₹1,467.93 crore. Following this acquisition, the company has launched Aspire Leisure Valley in Greater Noida West at an introductory rate of ₹7,979 per sq ft. The project is under the supervision of the Supreme Court of India, with construction managed by Capacite Infraprojects. Published On Nov 18, 2025…

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Mumbai: MHADA Lawyer’s Role in Girgaum Redevelopment Delay

MUMBAI: A confidential report from MHADA’s legal department has confirmed that the critical Section 79A notice issued to Parekh Estate Pvt Ltd has never been revoked. This contradicts earlier claims made by MHADA panel advocate Priyanka Chavan during a writ petition in front of the Bombay High Court this year. According to an internal memo dated November 14, 2025, “the 79A notice issued to the landlord…has not been revoked by this office.” It further indicates that there are no documents reflecting any revocation and that the matter falls under the jurisdiction of the Dy. Chief Engineer (Zone II), not the…

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Goa to Profit from Sale of Comunidade, Housing Board Land

Representative AI image PANAJI: In response to revenue losses from the sale of plots by comunidades and the Goa Housing Board (GHB), the state government has mandated that comunidades execute conveyance deeds at 50% below the minimum land rates and collect stamp duty based on GHB-determined rates. According to under secretary (revenue-I) Vrushika Kauthankar, “For comunidade land, the minimum land values for areas up to 400sqm in S1 to S4 zones will see a 50% reduction.” Revenue Minister Atanasio ‘Babush’ Monserrate stated that comunidades collect ‘foro’ for plots allotted to beneficiaries over 20 years, generating no revenue for the government.…

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Bengaluru Engineers Appeal Against RERA ‘Promoter’ Order

BENGALURU: Several engineers from the Bangalore Development Authority (BDA) are urging senior officials to contest the Karnataka Real Estate Regulatory Authority (K-Rera) order issued on Nov 7, which classifies the agency as a promoter under the Rera Act. However, sources indicate that BDA chairman NA Harris is reluctant to pursue an appeal, causing unrest within the organization. A senior bureaucrat commented, “The engineers are pressing the government to file an appeal to exempt the Nadaprabhu Kempegowda Layout (NPKL) from Rera’s jurisdiction. Their primary concern is straightforward: the BDA has a history of delays. Being under Rera means they will be…

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Hyderabad: Interest Grows in Neopolis Kokapet Phase-III Auction

Representative AI image HYDERABAD: Over 85 developers and real estate firms are interested in the upcoming four-day e-auction for Neopolis, Kokapet Phase-3, scheduled for the third week of November. The Hyderabad Metropolitan Development Authority (HMDA) held pre-bid discussions with potential bidders and companies on Monday. HMDA plans to auction plots in Neopolis, Kokapet, and the Golden Mile layout on November 24, 28, and December 3, 5, offering two plots each day. During a nearly two-hour session, HMDA Commissioner Sarfaraz Ahmad clarified the e-auction process, compliance, zoning laws, and payment methods, addressing questions from bidders. Cushman & Wakefield highlighted Hyderabad’s robust…

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Nagpur Seeks Freehold Status for 332 Shiv Nagar Plots

Representative image NAGPUR: The Nagpur Municipal Corporation (NMC) is preparing to submit a proposal to the state government to grant freehold status to 332 plots in the Shiv Nagar (Mirchi Bazaar) layout. This decision has sparked new political dynamics ahead of the civic elections, as plot holders from the remaining 20 NMC-owned layouts—over 1,300 beneficiaries citywide—are now advocating for similar relief, claiming favoritism and selective action by the administration. The proposal, strongly advocated by Central Nagpur MLA Pravin Datke and endorsed by CM Devendra Fadnavis, aims to convert leasehold plots in Shiv Nagar into freehold. This comes after the government’s…

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Unitech’s Q2 FY26 Loss Shrinks to ₹739 Crore

NEW DELHI: Realty company Unitech Ltd has narrowed its consolidated net loss to ₹738.72 crore for the most recent September quarter. This is a decrease from a net loss of ₹766.76 crore in the same quarter last year. Total revenue rose to ₹151.01 crore in the second quarter of this fiscal year, up from ₹79.94 crore during the previous year, as per a regulatory announcement. In 2020, the company’s board was superseded by the central government following a directive from the Supreme Court. Following this, the Ministry of Corporate Affairs proposed a new board’s formation, which received Supreme Court approval…