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.

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Aurum Proptech’s Q2 FY26 Net Loss Narrows to ₹8.41 Crore

NEW DELHI: Aurum Proptech reported a consolidated net loss after tax of ₹8.41 crore for the quarter ending September 30, 2025. This reflects an improvement from a net loss of ₹12.15 crore in the same quarter of the previous fiscal year, as stated in a BSE filing. The company’s consolidated net total income for Q2 FY26 stood at ₹87.66 crore, marking a growth of 29.66% compared to ₹67.61 crore in the corresponding quarter last year. Onkar Shetye, the company’s executive director, commented: “Our distribution business grew by 62% year-on-year, driven by AI-led product innovations in Sell.do and the expanding presence…

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Signature Global secures ₹875 crore through debentures for growth

I visualize the growth potential of non-convertible debentures (NCDs) with a rising graph against a cityscape. NEW DELHI: Realty firm Signature Global Ltd has successfully raised Rs 875 crore through the issuance of non-convertible debentures (NCDs) aimed at repaying existing debt and fostering business expansion. The company announced in a regulatory filing on Friday that its debenture committee has approved the allocation of 87,500 NCDs, each with a face value of Rs 1 lakh, amounting to a total of Rs 875 crore, under private placement. Although Signature Global did not disclose the identities of the investors who subscribed to these…

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Ahmedabad’s Major Land Deal Nets ₹31 Crore Stamp Duty

AHMEDABAD: A landmark land transaction in the city has resulted in the highest stamp duty from a single sale deed to date. A 66,168 sq m plot in Chandkheda has been sold to LuLu International Shopping Malls Pvt Ltd for Rs 519.41 crore, generating Rs 31 crore in stamp duty revenue for the government. The deed was finalized on Friday at the Sabarmati sub-registrar’s office within the Ahmedabad district collector’s office. According to sources at the sub-registrar’s office, this is the largest land sale registered in Ahmedabad, thus marking a significant increase in stamp duty revenue. Officials from the state…

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UT Chief Secretary Reviews Chandigarh Housing Board Operations

Representative AI image CHANDIGARH: H Rajesh Prasad, the UT Chief Secretary, led an extensive review meeting of the Chandigarh Housing Board (CHB) on Friday. The agenda aimed to boost innovation, enhance operational efficiency, and increase accountability within the organization. A comprehensive presentation covered staff strength, recovery of outstanding dues, and other operational aspects of CHB. Highlighting CHB’s crucial role in providing housing for Chandigarh residents, the Chief Secretary urged the Board to develop a detailed plan showcasing its contribution to the city’s progress. He also emphasized the need for innovative housing schemes that align with urban development goals. In light…

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Sobha Q2 FY26 Net Profit at ₹72.52 Crore

NEW DELHI: Sobha has reported a net consolidated profit after tax of ₹72.52 crore for the quarter ending September 30, 2025. This marks an increase from the profit after tax of ₹26.08 crore recorded in the same quarter of the previous fiscal year, as stated in the company’s BSE filing. The company’s net consolidated income reached ₹1,469.32 crore, reflecting a growth of 52.22% from ₹965.29 crore in the equivalent quarter last year. “With a strong pipeline of 16.69 million sq ft of future launches planned over the next six quarters, a robust balance sheet, and stable demand, we are well-positioned…

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Sunteck Realty Q2 FY26 Profit Soars 41% to ₹48.96 Crore

NEW DELHI: Sunteck Realty Ltd announced on Thursday that its consolidated net profit surged by 41% to Rs 48.96 crore for the second quarter of this fiscal year, driven by increased income. In the same quarter last year, the company’s net profit was recorded at Rs 34.62 crore. For the July-September quarter, total income climbed to Rs 262.16 crore, up from Rs 182.06 crore during the same period the previous year, as reported in a regulatory filing. Sunteck Realty is recognized as one of the premier developers in the nation. Published On Oct 17, 2025 at 10:26 AM IST Join…

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Kalpataru’s Q2 FY26 Sales Bookings Rise 19% to ₹1,329 Crore

NEW DELHI: Realty company Kalpataru Ltd announced a 19% increase in sales bookings, reaching Rs 1,329 crore in the second quarter of this fiscal year, driven by strong housing demand. The sales bookings, or pre-sales, were Rs 1,117 crore during the same period last year. In its regulatory filing, Kalpataru Ltd reported a 43% rise in sales bookings, totaling Rs 2,577 crore in the first half of this fiscal compared to Rs 1,799 crore during the corresponding period of the previous year. Based in Mumbai, Kalpataru Ltd is recognized as one of the leading real estate developers in the country.…

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Arkade Developers Q2 FY26 Profit Rises 6% to ₹45.8 Crore

NEW DELHI: Arkade Developers Ltd has reported a 6% increase in consolidated net profit, reaching ₹45.80 crore for the quarter ending in September, driven by higher revenue. In the same quarter last year, the net profit was ₹43.36 crore. Total income rose to ₹264.82 crore in the July-September quarter of this fiscal year, up from ₹203.33 crore during the same period last year, according to a regulatory filing. Mumbai-based Arkade Developers has successfully delivered over 5.5 million square feet of property, with another 2 million square feet currently under construction. Published On Oct 17, 2025 at 10:31 AM IST Join…

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M3M India to Invest ₹2,100 Crore in Noida’s Jacob & Co. Residences

NEW DELHI: M3M India has announced a ₹2,100 crore investment to develop the Jacob & Co. Residences in Noida. The project will be situated on six acres in Noida’s central business district and is expected to generate a topline of around ₹3,500 crore. This development marks the entry of the Jacob & Co. branded residential concept into India. The company aims to complete the project within three years. The development will be implemented in two phases: the first phase will feature 150 branded residences, while the second phase will include approximately 100 ultra-luxury serviced residences. Apartments will be available in…

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Technical Team Evaluates Maradu Flats Site

Sure! Here’s a rewritten version of your content: File Photo KOCHI: In line with the Supreme Court’s ruling on the Maradu flat demolition, a team of technical experts from the Kerala Coastal Zone Management Authority (KCZMA) conducted a thorough inspection of the site on Thursday. They assessed the condition of the areas where the demolished apartments were located, alongside adjacent regions. The expert team comprised KCZMA personnel, district urban planning officials, and Maradu municipality engineers. Their objective was to evaluate potential violations of the Coastal Regulation Zone (CRZ), examine the status of nearby water bodies, and review land restoration efforts.…