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

Hawelia Group Receives UP-RERA Approval for Noida Project

NEW DELHI: Hawelia Group announced on Sunday that it will invest ₹770 crore to revive a 22-acre housing project in Greater Noida, following approval from the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA). The company’s involvement will help over 2000 homebuyers who have been waiting for years to see their investments realized. In 2023, the Delhi-NCR-based firm reached an agreement with SJP Infracon, the previous promoter of the stalled ‘Shri Radha Sky Gardens’ project, to ensure its completion. The firm sought governmental approval to act as a co-promoter in this delayed development. In its statement, Hawelia Group mentioned that it…

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HUDCO, NBCC Sign MoUs for Delhi Redevelopment, Asset Deals

NEW DELHI: Housing and Urban Development Corporation Limited (HUDCO) announced on Saturday that it has entered into two Memorandums of Understanding (MoUs) with NBCC (India) Limited for collaboration on redevelopment and asset monetization projects. As per a stock exchange filing, “HUDCO has signed two MoUs with NBCC on April 11, 2026.” The first MoU aims at the redevelopment of a significant property located in the national capital. The filing noted that the two companies will “collaborate on the redevelopment of a leasehold plot… approximately 18,830 sq mt. at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi.” The…

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Jammu & Kashmir: 415 Building Permits Issued in 2025-26

JAMMU: The tourism sector in Jammu and Kashmir is witnessing significant growth, with tourism development authorities (TDAs) issuing 415 building permissions in 2025-26 alone, surpassing the total from the last two financial years combined. In total, from 2023 to 2026, 807 building permissions were granted in the Union territory, according to official statistics. Over the past three years, TDAs have identified more than 500 unauthorized constructions in prominent tourist areas, leading to notices being served, FIRs registered, penalties imposed, and demolitions carried out. The tourism department reported that 245 building permissions were issued in 2023-24, followed by 147 in 2024-25,…

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24 Industrial Plots Available Across Greater Noida Sectors

Representative AI image NOIDA: The Greater Noida Industrial Development Authority has introduced a scheme offering 24 industrial plots across various sectors to stimulate investment and promote industrial development. The plots are situated in Ecotech-1 (Extension 1), Ecotech-6, Ecotech-8, Ecotech-10, Ecotech-11, and Sector 16. Officials indicated that this initiative aims to enhance Greater Noida’s status as a manufacturing and logistics hub, capitalizing on its close proximity to Noida International Airport. Applicants will be assessed based on criteria such as financial stability, net worth, and employment generation potential, with extra consideration given to start-ups, export-oriented units, women entrepreneurs, SC/ST applicants, and expansion…

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Real Estate Private Equity Soars 66% to $1.2B in Q1 2026

NEW DELHI: Private equity (PE) investments in India’s real estate sector reached $1.2 billion in the January-March quarter of 2026, reflecting a 66% rise from the same period last year, as reported by Savills India. Office assets represented the largest portion of these investments at 41%, primarily concentrated in markets like Gurugram and Pune. The hospitality sector followed, capturing a 17% share, indicating a growing interest from investors in asset classes beyond the traditional ones. Domestic investors were the main contributors to equity inflows this quarter, accounting for $817 million, which is approximately 66% of total investments. A significant 63%…

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Haryana Updates Housing Policy: Requires One Parking Space per Unit

Representative Image NEW DELHI: The Haryana government has updated its Affordable Housing Policy, 2013, adjusting parking requirements and increasing allotment rates for residential units in cities like Gurugram and Faridabad. According to the updated policy, developers are now required to provide one equivalent car space (ECS) for each dwelling unit. The cost for this parking will be limited to 10% of the flat’s purchase price. Additional parking can be allocated for visitors or two-wheelers, with designated slots to be specified during building plan approvals. For ongoing projects lacking these parking provisions, developers must secure consent from at least two-thirds of…

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RIICO Enables Sale of Rajasthan Financial Corporation Properties

Representative Image JAIPUR: The Rajasthan State Industrial Development and Investment Corporation (RIICO) has granted conditional approval for issuing No Objection Certificates (NOCs) to the Rajasthan Financial Corporation (RFC) for the sale of properties that were allotted to it. According to a statement from RIICO, the RFC is permitted to sell properties located in several industrial zones across Banswara, Kota, Alwar, Jhunjhunu, Abu Road, Balotra, Jalore, and Bhiwadi. These properties were allocated by RIICO over time at either concessional or current market rates for constructing office and residential buildings. RFC sought NOCs from RIICO to facilitate these plot sales, and the…

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Flat Dispute in Mumbai: Developer, Designer’s Kin File Cross FIRs

MUMBAI: A disagreement between a builder and a buyer regarding a flat in Oshiwara has resulted in the filing of cross FIRs. The Oshiwara police have initiated a cheating case against developer Sameer Bhube following a complaint from fashion designer Riyaz Ganji. Simultaneously, an extortion case was registered against Ganji and his niece, Fazila Mukhi, based on the builder’s counter-complaint. According to the complaint, in April 2016, Ganji made a payment of Rs 45 lakh out of a total of Rs 72 lakh for a flat in the Royal Green Project, which is registered in the names of Akil and…

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Telangana: Minimal Rise in CURE Building Approval Revenue Post-Merger

HYDERABAD: Despite the merger of 17 municipalities into three corporations – Greater Hyderabad Municipal Corporation (GHMC), Cyberabad Municipal Corporation (CMC), and Malkajgiri Municipal Corporation (MMC) – revenue from building approvals in the Telangana Core Urban Region (CURE) has seen only a slight increase. The original GHMC, which covered six zones over 650 sq km, generated ₹1,138 crore from building permits in 2024-25. In contrast, the newly expanded CURE, now comprising 12 zones, reported ₹1,172 crore in 2025-26. However, this represents a significant drop of approximately ₹282 crore compared to 2022-23. Of the 15,536 building permissions granted in 2025-26, a majority—12,014…

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Chandigarh Boosts FAR to Lower Flat Prices, Permit 6 Floors

Representative AI image CHANDIGARH: To enhance housing affordability and revive the recently stalled Chandigarh Housing Board (CHB) project in Sector 53, the UT administration has approved an increase in the permissible Floor Area Ratio (FAR) to 2.4, allowing for the construction of taller residential buildings as part of the proposed group housing scheme. The change, suggested by the urban planning department, will facilitate the construction of buildings up to six stories high. Officials noted that this adjustment is designed to increase the number of housing units, thereby lowering per-unit costs and improving accessibility for buyers. “The revised FAR allows for…