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

Hyderabad’s Bharathi Builders Allegedly Dupes Investors

HYDERABAD: A private employee from Chikkadpally has approached the Cyberabad EOW, claiming that a real estate company and its executives defrauded him and other investors of several crores through a pre-launch offer for a project at Bhanur in Sangareddy district. After the accused failed to deliver on their promises, he filed a cheating complaint with the police. The complainant, P. Kishore Kumar, 45, reported that he and roughly 300 other buyers were persuaded to invest in Bharathi Green Empire Heights, a real estate project promoted by Bharathi Builders India. The company’s chairman, Dupati Nagaraju; managing director, Mulpury Siva Rama Krishna;…

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Ludhiana Trust Assesses Crore-Worth Properties Before Court Ruling

LUDHIANA: The Ludhiana Improvement Trust (LIT) has begun an extensive assessment of its key real estate holdings, including the long-dormant City Centre building in Shaheed Bhagat Singh (SBS) Nagar. This initiative is part of the Trust’s efforts to prepare for potential significant legal outcomes and to raise funds for city development through upcoming auctions. The evaluation encompasses several valuable properties, including the multi-storey building on Rani Jhansi Road, the Trust’s headquarters in Ferozepur Gandhi Market, and the 25.5-acre City Centre project on Pakhowal Road. Sources reveal that the Delhi High Court has instructed officials to compile a list of all…

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Borrowing Limits Raised to $1 Billion, ETRealty

MUMBAI: The Reserve Bank of India has released updated guidelines for External Commercial Borrowings (ECBs), revising limits, relaxing maturity requirements, and eliminating cost caps. Under these new regulations, eligible borrowers can secure ECBs up to the greater of $1 billion in outstanding borrowings or 300% of their net worth as per the most recent audited balance sheet. Previously, the borrowing cap was set at $750 million. This update comes at a time when India’s ECB transactions have been on the rise, with Indian companies raising a record $61 billion through this route in FY25, compared to $48 billion in FY24.…

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Maharashtra Forms Panel to Review TDR Relief for Redevelopment

PUNE: The state government has established a 12-member committee to re-survey river flood lines across Maharashtra, including areas in Pune and Pimpri Chinchwad, nearly a year after making this commitment in the assembly. The panel is expected to submit its report within two months. The government has tasked the committee with reviewing current regulations and suggesting amendments to the Unified Development Control and Promotion Regulations (UDCPR) to facilitate the use of Transfer of Development Rights (TDR) for properties built within flood lines prior to the irrigation department’s demarcation in 2009. A significant number of properties, particularly in Pimpri Chinchwad, were…

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Eden Realty Group to invest ₹5,000 crore in projects by 2030

KOLKATA: Eden Realty Group announced on Tuesday a substantial investment of ₹5,000 crore aimed at developing residential, commercial, and hospitality projects along both banks of the Hooghly River by 2030. The initiative includes a premium riverside residential complex in Howrah’s Shalimar, as well as five luxury hotels offering a total of 600 rooms in Kolkata, Howrah, and South 24 Parganas, as disclosed by Eden Realty MD Arya Sumant. “For the first time, we are venturing into the hospitality sector with plans to establish five luxury hotels on land leased from SMPK (Kolkata Port). We’ve engaged with various Indian and international…

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Unitech CEO’s Term Extended by One Year

NEW DELHI: Unitech Ltd announced on Tuesday that its board has sanctioned a one-year extension for CEO Ashok Kumar Yadav. In a regulatory disclosure, Unitech, based in Gurugram, stated that during last month’s board meeting, the extension was approved effective from February 11, 2026, or until further notice, whichever comes first. In 2020, the central government intervened and superseded the company’s board following a Supreme Court ruling. The Ministry of Corporate Affairs suggested the formation of a new board, which the Supreme Court ratified on January 20, 2020. Unitech Ltd is currently dealing with a severe cash shortage, leading to…

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Rajasthan Considers Easing Building Rules to Attract Investment

JAIPUR: The state government is contemplating easing building height and setback regulations to foster a more adaptable and investor-friendly urban development framework, aiming to spur industrial growth and enhance affordable housing. The government is considering the principle of “Everything is allowed unless explicitly prohibited,” which would eliminate the need for formal conversion of agricultural land for non-agricultural uses if the intended purpose aligns with the master plan. An official informed that Chief Secretary V. Srinivas has updated the cabinet secretariat regarding Rajasthan’s second phase of compliance reduction and deregulation, detailing a comprehensive reform roadmap designed to simplify business operations and…

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Keystone Realtors to Redevelop 8 Housing Societies in Andheri East

MUMBAI: Keystone Realtors has been awarded a significant redevelopment project for Om Nagar Co-operative Housing Society Federation in Andheri (East), Mumbai, with an estimated gross development value of approximately ₹1,775 crore. The project entails the redevelopment of eight housing societies, covering a total land area of around 20,569.90 square meters. As reported by the company, the redevelopment will facilitate the rehabilitation of 637 current members from these societies, and it is projected to create a free-sale potential of about five lakh square feet of carpet area. Boman Irani, chairman and managing director of Keystone Realtors, stated, “We are enhancing our…

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2,000 Mumbai Redevelopment Projects’ Debris Reported Missing

Representative AI image MUMBAI: A civic investigation has revealed that tonnes of construction debris from nearly 2,000 redevelopment projects intended for designated disposal sites have not been reaching their intended locations, according to officials from Mumbai Mirror. Environmentalists suspect that this waste has been sold to land mafia for illegal encroachment on Mumbai’s mangrove and wetland areas. This significant environmental oversight came to light when the Brihanmumbai Municipal Corporation (BMC) examined documents and discovered that builders had repeatedly listed just seven sites as waste disposal locations for over 2,000 projects. “There is no way that so much debris could fit…

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YEIDA earns ₹389 crore from Noida airport plot e-auction

Representative AI image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) raised a total of ₹389 crore from the e-auction of three group housing plots spanning approximately 13 acres. The combined reserve price for these plots was set at ₹283 crore, with final bids surpassing this figure by ₹106 crore, significantly boosting the authority’s revenue from the auction held on Friday. Provence Developers acquired one plot with a bid of ₹95 crore, Eldeco Infrastructure & Properties bid ₹105 crore, and Northwind Estate topped the auction with a bid of ₹189 crore. With these latest three allocations, the total number of…