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

Plots for Sale in Faridabad’s Protected Aravalis at ₹14,000/sq yd

Representative AI image FARIDABAD: Despite Supreme Court directives in 2022 mandating the demolition of all illegal structures in the protected Aravalis, the hills continue to face encroachment. On Tuesday, TOI discovered construction activities occupying 35 acres in Anangpur, with plots being sold for Rs 12,000-14,000 per square yard on land protected under sections 4 and 5 of the PLPA. This area lies within a 200-meter no-construction buffer zone surrounding the Anangpur dam–Suraj Jheel complex, which is safeguarded by the Archaeological Survey of India (ASI). Certain sections of the land are designated as ‘gair mumkin pahar’ (uncultivable hill). Local villagers have…

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Bagmane REIT Aims for $3.9B Valuation in India IPO

Blackstone-backed Bagmane Prime Office REIT is gearing up for an initial public offering (IPO) as early as next month, aiming for a valuation of approximately $3.9 billion, sources indicate. The Bengaluru-based real estate firm has received regulatory approval and commenced investor roadshows. Sources requested anonymity due to the confidential nature of the information. The proposed IPO seeks to raise 40 billion rupees ($440 million), which includes up to 30 billion rupees in new units and a secondary sale of 10 billion rupees by Blackstone, as detailed in the IPO prospectus that was filed in December. Discussions are ongoing, and details…

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Cluster Redevelopment Vital for Mumbai’s Future, Say Experts

Here’s the rewritten content: Wankhede discusses the importance of social inclusivity in redevelopment, emphasizing MHADA’s role in providing accessible housing beyond mere monetization. NEW DELHI: As greenfield land in cities like Mumbai runs low, experts at the RealtyDailyNews Realty Real Estate Conclave 2026 indicated that brownfield and cluster-led redevelopment are now key avenues for urban growth. The panel discussion, titled ‘Redevelopment & Urban Renewal: Transforming the Future of Indian Cities,’ was moderated by Anuj Puri, Chairman of Anarock Property Consultants. Key speakers included Anil Wankhede (Deputy CEO, MHADA), Prashant Sharma (President, NAREDCO Maharashtra), Sukhraj Nahar (President, CREDAI-MCHI), Dhaval Ajmera (Vice…

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Lodha Developers acquires 4.3-acre Malabar Hill site with bungalows

Representative Image MUMBAI: Lodha Developers, a leading real estate firm, has acquired development rights for a valuable 4.3-acre land site in the affluent Malabar Hill area of South Mumbai, where six bungalows and other buildings currently stand. The projected development value is approximately ₹2,800 crore. The agreement entails an initial payment along with a combination of monetary and non-monetary compensations to the land-owning trust once redevelopment is complete. The property, owned by the Sorabji Kanga Charity Trust, includes a residential tower and a chawl, though the tower will not be part of the redevelopment plan, according to informed sources. As…

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Real Estate: India’s Growth Multiplier, Says Niranjan Hiranandani

Hiranandani described real estate as a central pillar of India’s growth narrative. During the keynote address at the RealtyDailyNews Realty Real Estate Conclave 2026, Niranjan Hiranandani, Chairman of NAREDCO and Co-Founder & MD of Hiranandani Group, presented an optimistic and balanced perspective on India’s real estate sector. He framed the industry within the context of India’s broader economic growth, emphasizing continuous GDP growth, accelerated infrastructure development, and increased credit availability as key drivers for future development. “Commercial lending is achieving annual growth rates of nearly 15%,” Hiranandani remarked, connecting the increase in credit accessibility to both homebuyers and developers. With…

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RealtyDailyNews Realty Conclave 2026: Infrastructure, Discipline, Micro-Markets

Looking ahead, the consensus was that the next housing cycle will be defined less by speculative momentum and more by structural fundamentals. At the RealtyDailyNews Realty Real Estate Conclave 2026, a high-profile fireside chat titled ‘Building for the Next Housing Cycle: Strategy, Scale and the Changing Residential Playbook’ convened key figures from the residential sector to discuss future trends. Moderated by Chaitanya Seth, Partner at EY Parthenon, the panel included Manan Shah, Treasurer (Elect) of NAREDCO Maharashtra and MD of MICL Group; Jay Morzaria, Chairman of NAREDCO NextGen and Director of VRAJ Group; Vikas Jain, President NextGen of NAREDCO Maharashtra…

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Kozhikode Orders Structural Audit After Valiyangadi Incident

KOZHIKODE: Protests have escalated following the tragic collapse of a building owned by the Kozhikode Corporation, which resulted in the deaths of four individuals. Mayor O. Sadasivan defended the corporation’s actions during a news conference on Monday morning, where he explained that the building, located in Valiyangadi, had been flagged for rebuilding back in 2022, along with 15 other old structures. He emphasized that tenants were not evicted due to the significant number of traders operating from these sites. Sadasivan has requested a detailed structural evaluation of all corporation properties and vowed to conduct a thorough investigation with government assistance.…

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Major Urban Expansion Planned in Haryana: HSVP to Acquire Land

GURUGRAM: The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated an expansive land procurement plan aimed at developing new residential and commercial areas in the state, the first such effort in the city in 20 years. This initiative seeks to alleviate pressure on existing urban centers while ensuring a consistent supply of serviced plots according to planned development norms. HSVP aims to acquire approximately 1.8 lakh acres statewide, with 23,739 acres earmarked for the city, to be implemented in three phases. New sectors are anticipated to launch in the first half of 2026. The procurement process will utilize direct purchase and…

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Suraj Estate Developers Buys Hally Pacific for ₹30.40 Crore

NEW DELHI: Suraj Estate Developers has successfully acquired 100% of the shares of Hally Pacific, which owns a vacant land parcel located at Sayani Road, Prabhadevi, Mumbai. This acquisition was finalized based on a share purchase agreement dated February 20, 2026, for a total amount of approximately ₹30.40 crore, making Hally Pacific a wholly owned subsidiary of the company. The newly acquired land spans around 717.39 sq meters. The company plans to develop this site with an estimated saleable carpet area of approximately 0.367 lakh sq ft and an anticipated gross development value (GDV) of around ₹200 crore. Rahul Thomas,…

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Uttarakhand Forms 14-Member Panel to Revise Building Bylaws

DEHRADUN: In response to Uttarakhand’s heightened seismic vulnerability, the state government has launched a thorough revision of its building bylaws to incorporate updated earthquake safety standards. According to an official release, this initiative aligns with the Indian Standard ISO 1893-2025, which categorizes the entire state within a high seismic zone. The government announced plans to amend current construction regulations to enhance their scientific basis, resilience against disasters, and adherence to modern engineering practices. Presently, the building bylaws in Uttarakhand are founded on the outdated Bureau of Indian Standards framework ISO 1893-2002. Guided by Chief Minister Pushkar Singh Dhami, Chief Secretary…