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

Maharashtra Minister: 1,000+ Mumbai Sites Issued Stop-Work Notices

MUMBAI: The Maharashtra government, along with civic authorities, has intensified measures against air pollution in Mumbai, issuing stop-work notices to over 1,000 construction sites for breaching environmental regulations, as stated by state Minister Pankaja Munde on Tuesday. The environment minister reported to the legislative assembly that as of January, 1,952 of the 2,224 active construction sites—nearly 88 percent—had installed low-cost air quality sensors. Official figures indicate that between October 2025 and January 2026, a total of 1,981 show-cause notices and 1,047 stop-work notices were issued as part of the ongoing “Clean Air” initiative, Munde noted in a written response regarding…

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Godrej Properties to Co-Develop 18 Acres in Thane

Representative Image NEW DELHI: Godrej Properties (GPL) has signed a joint development agreement for an 18-acre land parcel in Thane. The anticipated project will primarily be residential, with an estimated revenue potential exceeding ₹7,500 crore. Gaurav Pandey, MD & CEO of the company, stated, “This is our fourth development in Thane, and the substantial size of the land will facilitate a meticulously planned integrated residential project.” Published On Feb 23, 2026 at 10:02 AM IST Join a community of over 2 million industry professionals. Subscribe to our Newsletter for the latest insights and analyses delivered to your inbox. Stay updated…

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Telangana Housing Board makes ₹34 crore from Hyderabad land auction

HYDERABAD: Recent auctions of Telangana Housing Board land parcels have seen impressive prices, reaching ₹1.76 lakh per square yard in Gachibowli and ₹1.64 lakh per square yard in Kukatpally. The total revenue generated from Monday’s land sales stood at ₹34.27 crore. The Board released a notification on February 9 to auction off 14 land parcels in Gachibowli, Bowrampet, Balaji Nagar, Chintal, and other areas across the city. Approximately 50 bidders participated in the auction held at the KPHB community hall on Monday. All plots sold were in the MIG and HIG categories, with the exception of a plot in Bowrampet…

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Telangana Aims to Raise ₹3,500 Crore from Osman Nagar Auctions

Representative image HYDERABAD: Following record revenue from land sales in key western sectors, the Telangana government is focusing on the next growth area on Hyderabad’s outskirts, auctioning valuable land parcels in Osman Nagar near Tellapur. After successful auctions in high-end locations such as Raidurg, Kokapet, Gopanpally, Gachibowli, and Budwel, the government is now offering approximately 48 acres of land in Osman Nagar, conveniently situated near the Financial District and Outer Ring Road. Sources indicate that the government has resumed land auctions after a three-month hiatus to raise funds between ₹4,000 crore and ₹5,000 crore for welfare initiatives like Rythu Bharosa…

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Coimbatore: Steel Prices Up 20%, Hurting Construction Activity

COIMBATORE: This month, TMT steel prices—a critical component in construction—have surged by 20% compared to last month, leading builders’ associations to express concerns about a potential slowdown in construction activities, particularly in housing projects. A builder based in Coimbatore noted that steel prices have risen by ₹10 to ₹12 per kg, resulting in higher construction costs than originally anticipated. The price per tonne has now increased from ₹62,000 to ₹72,000. While cement and brick prices remain stable, the significant rise in steel costs has forced builders to adjust their project estimates accordingly. This increase equates to nearly ₹50 per square…

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NBCC Discusses 139-Acre Project in Seychelles

NEW DELHI: State-owned NBCC is considering a project in Seychelles focused on infrastructure development, including housing, on a 139-acre island. On Monday, the company announced that Vice-President of Seychelles, Sebastien Pillay, visited NBCC’s headquarters with a high-level delegation. Discussions were held with NBCC CMD K P Mahadevaswamy and other senior officials regarding potential projects in Seychelles. “Detailed presentations were shared with the delegation, highlighting infrastructure development opportunities for the island’s 139 acres,” NBCC stated. The planned development includes affordable housing, leisure and hospitality options, premium villas, a sports arena, and social infrastructure, among others. Back in January, NBCC’s CMD visited…

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Centre Invites RWAs, Private Players for Urban Projects

NEW DELHI: Resident welfare associations (RWAs), real estate developers, and private entities are now empowered to initiate civic projects, such as water and sanitation, thanks to the newly launched Urban Challenge Fund by the Centre. Civic and urban development projects are no longer exclusively the responsibility of financially constrained municipalities. Multiple RWAs can collaborate to address civic issues by forming a group, devising a project proposal, and submitting it to local civic agencies. If a developer’s high-end apartment complex faces waterlogging on access roads, they can propose and execute a project outside the colony. This new strategy, facilitated by the…

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DDA Approves Land Use Change in NW Delhi Pooling Area

NEW DELHI: The Delhi Development Authority (DDA) has approved the land use change for a 40.2-hectare land pooling area in Sector-8B of Planning Zone P-II, marking the first sector eligible for development under Delhi’s Land Pooling Policy, enacted in 2018. Sector-8B encompasses land from the villages of Garhi Khusro, Mukhmelpur, and Ibrahimpur in north-west Delhi. The DDA initially approved the proposal on November 5, 2025, and subsequently issued a public notice for objections and suggestions. Following the completion of the statutory process, the proposal has been cleared and will now be sent to the Ministry of Housing and Urban Affairs…

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375 Hectares in Jhunsi & Hetapatti Designated for Housing

Representative AI image PRAYAGRAJ: The Prayagraj Development Authority (PDA) has designated around 375 hectares in the Jhunsi and Hetapatti areas for future residential and commercial development. Civic body officials reported that approximately 250 hectares in Jhunsi, encompassing the villages of Mukundpur, Chakia Hinauta, and Chak Hinauta, have been identified under the Chief Minister’s urban expansion initiative. Over 500 farmers will be impacted as land acquisition is planned. In Hetapatti, 125 hectares of land across Neemarmee Khurd, Narayanpur, and neighboring areas have also been earmarked for acquisition. Rishiraj, the vice-chairman of the civic body, conducted site inspections on Thursday and informed…

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Haryana Assembly Approves Housing Board Merger with HSVP

CHANDIGARH: The Housing Board Haryana, a government housing entity active for 55 years, was officially dissolved on Friday after the Haryana Assembly sanctioned its merger into the Haryana Shehri Vikas Pradhikaran (HSVP). This occurred amidst symbolic resistance from opposition Congress leaders. This decision was made during the assembly’s first Budget session, where Chief Minister Nayab Singh Saini, who was also the minister in charge, introduced the merger resolution. Saini explained that the roles of the Housing Board and HSVP were largely similar and assured that the interests of the Housing Board employees would be protected. The government has been working…