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

As Noida Airport Opens, Attention Turns to Aerocity Development

Sure! Here’s a rewritten version of the content: Representative AI image NOIDA: With commercial flights now operating from Noida International Airport, the area surrounding this greenfield hub is set for a significant transformation—from open land and industrial plots to a bustling aerotropolis featuring hotels, malls, multiplexes, logistics parks, and business districts. For the Yamuna Expressway Industrial Development Authority (YEIDA), the commencement of passenger operations on June 15 and cargo services on June 17 represents more than just aviation activity; it serves as the catalyst for an airport-driven urban ecosystem that has been in the works for years. An aerotropolis refers…

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Chennai Development Body to Focus on Urban Planning, Exit Construction

CHENNAI: Following two years of spending nearly ₹3,000 crore and accumulating a deficit of ₹1,500 crore, the Chennai Metropolitan Development Authority (CMDA) has resolved to cease construction activities and refocus on its primary responsibilities of urban planning and approvals. During the past two years, CMDA financed various projects including the Vada Chennai Valarchi Thittam, Mudhalvarin Padaipagams, and several bus terminuses, along with improvements to libraries and the ornamental fish market, alongside infrastructure development throughout the city. “We have spent about ₹3,000 crore on construction, leading to a negative balance of ₹1,500 crore. There are no funds available for new projects,…

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August Launch: 5 Private Property Registration Hubs, 1 in Pune

PUNE: The state registration department is set to launch its first five private model sub-registrar offices, including one in the city, this August. A senior official revealed that two offices will be established in Mumbai, one in Navi Mumbai, and another in Nagpur during the initial phase. This initiative is part of the registration department’s broader plan to create 60 model registration centres across the state through public-private partnerships, while maintaining the existing 517 government-run offices. The private operator has assured that these first five centres will commence operations between August 1 and August 30, with the original target being…

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AI and Sustainability Driving Real Estate Growth: Experts

NEW DELHI: During the NAREDCO Real Estate Conclave 2026, experts highlighted that artificial intelligence, sustainable construction, regulatory compliance, and skill development will be pivotal in shaping India’s real estate landscape. Anand Kumar, Chairman of AIFORERA and Delhi RERA, emphasized that while significant growth is expected in the sector, it necessitates investor confidence, regulatory compliance, and strategic long-term planning. “The Real Estate (Regulation and Development) Act (RERA) has been essential in restoring trust among homebuyers, investors, and developers. All stakeholders must understand and fulfill their responsibilities under the law for sustainable sector growth,” Kumar stated. Kumar identified emerging segments like commercial…

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Mahindra Secures 15 Acres in Mumbai; YKK to Build Chennai Plant

NEW DELHI: Mahindra Lifespace Developers (MLDL) has acquired a 15-acre land parcel in Kandivali East, Mumbai. This site presents a development opportunity of approximately 1.8 million sq ft, with an estimated gross development value of ₹5,600 crore, as stated by the company. The acquisition was made through a competitive bidding process. The land is conveniently located near the Western Express Highway and metro corridors. “This acquisition enhances our footprint in one of Mumbai’s key residential areas,” commented Vimalendra Singh, Chief Business Officer – Residential. The site benefits from a well-established social infrastructure, including schools, hospitals, and retail centers. Connectivity is…

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SBI Claims Ownership in Telangana Land Row Amid Auction Defense

HYDERABAD: The Telangana High Court has issued a three-week stay on all proceedings regarding the recent auction of a 6.2-acre land parcel in Knowledge City, Raidurg. The land was purchased by Gowra Ventures Pvt Ltd for a staggering Rs 237 crore per acre (totaling Rs 1,490 crore) on May 28. Justice NV Shravan Kumar made this ruling while addressing a series of petitions from the State Bank of India, which asserted that 5 acres of the auctioned land had been allotted to it in 2010 and has remained in its possession ever since. The state contended that it proposed a…

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TN government halts ₹2,000 crore Brigade housing project

Representative AI image CHENNAI: The Tamil Nadu government has suspended construction on Brigade Enterprises’ ₹2,000-crore residential project in Perumbakkam. The halt follows the discovery that construction began without the required permissions from the Tamil Nadu State Wetland Authority (TNSWA). The project consists of 1,250 units across 14.7 acres and is reported to be situated within the ecologically sensitive Pallikaranai Ramsar Wetland Site. During a meeting on May 8, just two days before TVK took office, the State Environment Impact Assessment Authority (SEIAA) revoked the environmental clearance (EC) previously granted to Brigade Enterprises Ltd. This action was influenced by a complaint…

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Gurugram DLF-3: Hotels, PGs, Offices Sealed for Code Violations

GURUGRAM: The enforcement wing of the Department of Town and Country Planning (DTCP) initiated a major restoration and enforcement drive against unauthorized constructions and commercial activities from residential premises in DLF-3 on Thursday. Following directions from the Punjab and Haryana High Court, the operation began around noon in S-Block on Nathupur Road, supported by police and district administration. Led by District Town Planner (Enforcement) Amit Madholia, this marks the start of a broader enforcement campaign targeting violations across DLF-1 to 5. During the operation, multiple establishments were sealed, including hotels, paying guest accommodations, offices, a hospital, and a beauty parlour.…

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India Must Speed Up Construction to Meet Urbanization Needs: Minister

NEW DELHI: To address the demands of rapid urbanization, India must significantly enhance its construction activities, stated Union Minister for Housing and Urban Affairs, Manohar Lal Khattar, at Bharat Buildcon 2026. Khattar emphasized that future construction efforts should prioritize speed, quality, durability, sustainability, and affordability. He projected that India’s urban population will grow dramatically in the coming decades, leading to increased demands for housing, infrastructure, and public amenities. To meet these future needs, over one crore urban homes will need to be constructed annually, he noted. Additionally, Khattar suggested implementing a durability certification system for buildings to reflect their expected…

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HDFC Fund, Advisors Settle ₹26 Lakh Regulatory Violations

NEW DELHI: HDFC Property Fund and HDFC Capital Advisors have reached a settlement over a regulatory violation with Sebi, amounting to Rs 26 lakh. The case involved delays in the asset liquidation process and the distribution of proceeds. This delay in winding up the schemes is a violation of Sebi’s Venture Capital Funds rules. According to a Sebi settlement order issued on Thursday, HDFC Property Fund and HDFC Capital Advisors submitted suo motu settlement applications, proposing to resolve the matter “without admitting or denying the findings of facts and conclusions of law”. HDFC Property Fund initiated two schemes: the HDFC…