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

Raymond Realty Q2 FY26 Income Reaches ₹706 Crore

NEW DELHI: Raymond Realty has reported a total income of ₹706 crore in Q2 FY26, marking a 20% year-on-year increase from ₹589 crore in Q2 FY25. The company’s EBITDA rose to ₹101 crore in Q2 FY26, compared to ₹95 crore in the same quarter last year, with an EBITDA margin of 14.3% in Q2 FY26, down from 16.2% in Q2 FY25. According to Harmohan Sahni, managing director, “We are on track with our strategic plan for the latter half of the year, expecting increased operational activity supported by a new pipeline of project launches.” The current potential revenue from its…

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YEIDA to Acquire 94 Acres for Apparel Park

Representative image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to acquire an additional 94 acres for the Apparel Park project located in Sector 29. Of the planned 175 acres, 81 acres have already been allocated, with construction in progress at various sites. This acquisition aims to attract more investors and enhance apparel manufacturing in the region, fostering industrial activity and job creation. Officials assert that the added land will address land-related challenges and provide ample space for shared infrastructure. “The procurement process for the remaining 94 acres has commenced. This will bolster the region’s apparel ecosystem and…

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Punjab Cabinet Approves Stilt-Plus-Four Floor Building Rules

CHANDIGARH: On Tuesday, the Punjab cabinet approved the Punjab Unified Building Rules, 2025, which will permit the construction of stilt-plus-four floors in newly developed urban sectors. This decision was made during a council of ministers meeting led by Chief Minister Bhagwant Mann. According to officials, those owning a plot of at least 250 square yards will be eligible to construct stilt-plus-four floors in urban areas. A representative from the Chief Minister’s office stated that the new rules aim to establish a comprehensive and standardized framework for building and development across the state. These regulations will apply uniformly to both the…

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Signature Global secures ₹8.75B through NCDs for housing projects

NEW DELHI: Signature Global (India) has successfully secured ₹8.75 billion through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lending arm. The NCDs received ‘A+’ stable ratings from Care Edge Ratings, marking the company’s first listed debt transaction. With a coupon rate of 11%, the NCDs have a tenure of three years, two months, and 30 days, maturing on January 15, 2029. The proceeds will be allocated for developing mid-income housing and environmentally sustainable projects, along with reducing existing debt. Pradeep Aggarwal, founder and chairman of Signature Global, expressed, “We are committed…

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390 Nagpur Mixed-Occupancy Buildings; 139 Unsafe After Audit

NAGPUR: The rise of mixed-use buildings has become one of Nagpur’s most pressing fire hazards, highlighted by recent incidents at Reliance Fresh Mart in Laxmi Nagar’s Aath Rasta Square and Mini Punjab Hotel in Dharampeth. These events underscore the serious risks faced by residents living above commercial businesses. The Nagpur Municipal Corporation (NMC) fire and emergency services has initiated a review following a citywide audit that found widespread safety violations. The audit assessed 390 mixed-occupancy buildings, revealing that 186 lacked fundamental fire safety features like alarms, extinguishers, hydrants, and emergency exits. Additionally, 139 structures were deemed unsafe for habitation, and…

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Della Group targets ₹700 crore revenue, ₹450 crore EBITDA by FY27

NEW DELHI: The Della Group expects its revenue to reach around ₹700 crore by FY27, supported by a transformative operational strategy and rapid expansion into its proprietary real estate model. This represents a substantial increase from the ₹200 crore revenue recorded in FY25, mainly derived from its resort operations in Lonavla. The company, led by founder and director Jimmy Mistry, is actively launching a new framework for integrated townships across India. Delivery is structured using a conceptualization, design, development, marketing, sales & operations (CDDMO) model, partnering with land-owning developers. “It’s an asset-light model that enables partners to unlock greater value…

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Axis Bank to Sell ₹511-Crore Lavasa Corp Debt

Axis Bank has become the first creditor to seek buyers for its outstanding exposure to the financially troubled Lavasa Corp, while other lenders are still evaluating their options due to the ongoing litigation issues tied to the resolution process. On Monday, Axis Bank listed its ₹511 crore claims for sale with a reserve price of ₹80 crore, available on an all-cash basis. As the fifth-largest creditor to the distressed private hill city, Axis is actively soliciting expressions of interest (EoIs) from asset reconstruction companies (ARCs), non-banking finance companies (NBFCs), and other financial institutions. The deadline for submitting documents is November…

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Pune Builder Requests Jain Trust to Cancel Deal

PUNE: Amid ongoing controversy surrounding the sale of a prominent property owned by a Jain trust in Pune, the involved private builder has formally requested the cancellation of the deal. On Sunday, Vishal Gokhale, a partner at Gokhale Landmarks LLP, sent an email to the Seth Hirachand Nemchand Smarak Trust, notifying the trustees of his intention to withdraw from the transaction and request the cancellation of the sale deed. In his message, he pointed to “numerous false and misleading rumors” circulating publicly that raised questions about the legitimacy of the deal and suggested improper motives. Opponents of the property deal…

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Shriram Properties to Co-Develop Row Houses in Yelahanka

Representative AI image NEW DELHI: Shriram Properties (SPL) has entered into a joint development agreement for a seven-acre parcel of land, part of a larger 15-acre site in North Bengaluru. The company plans to develop a row house project with an estimated gross development value (GDV) of ₹600 crore. According to Akshay Murali, Vice President of Business Development, “Yelahanka’s robust infrastructure growth and its proximity to the upcoming biodiversity park make it an ideal location for premium row houses.” This project reiterates the company’s commitment to its asset-light growth strategy, emphasizing partnerships and efficient capital allocation in high-potential areas. Published…

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Suraj Estate Developers Q2 FY26 Net Profit Rises 3.96%

NEW DELHI: Suraj Estate Developers has announced a 3.96% growth in net consolidated profit for the quarter ending September 30, 2025. The profit after tax was ₹33.09 crore in Q2 FY26, compared to ₹31.83 crore during the same period last year, according to a filing with BSE. The company reported a total net consolidated income of ₹145.42 crore in Q2 FY26, marking a significant increase of 32.65% from ₹109.63 crore in the equivalent quarter last year. The board of directors has approved a postal ballot notice to seek shareholder approval for the special resolution regarding the appointment of Ananta Singh…