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

Chamarajanagar Land Prices Surge with Better Connectivity, Industry

MYSURU: Property prices in private layouts around Chamarajanagar city have been rising steadily over recent years. This trend is largely due to improved connectivity, the establishment of new industries in the Badanaguppe-Kellamballi Industrial Area, and delays in site allocation by the Chamarajanagar Urban Development Authority (CUDA). In the first phase of developing the Badanaguppe-Kellamballi Industrial Area, the state government acquired approximately 1,500 acres of land a decade ago, compensating landowners at Rs 20 lakh per acre. Three years prior, CUDA secured an additional 1,100 acres for the second phase of development in the Kellamballi-Badanaguppe area, offering compensation of Rs 43…

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Embassy Group pays off ₹1,748 crore debt

NEW DELHI: Embassy Group has successfully repaid ₹1,748 crore in non-convertible debentures (NCDs), using funds from the WeWork India IPO offer for sale to lower its group-level debt. Jitendra Virwani, the company’s chairman, stated, “This debt repayment not only strengthens our financial stability but also highlights our ongoing commitment to a solid and sustainable financial framework.” This move has also reduced the group’s stake in WeWork India to 15%. Over the years, it has fully settled its ₹1,600 crore debt with Samaan Capital. Published On Oct 15, 2025 at 03:33 PM IST Join a community of over 2M industry professionals.…

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Ahmedabad body auctions Chandkheda plot, includes service road

AHMEDABAD: Different departments within the Ahmedabad Urban Development Authority (Auda) appear to be making significant decisions without proper communication. A notable instance of this miscommunication is a recent land deal. One year after auctioning 21,685 sq m of prime land next to the SP Ring Road in Chandkheda for ₹166 crore, officials in the estate department discovered that their counterparts in the town planning department had already designated part of that land for a 9m wide service road. In response to this oversight, Auda officials hurried to rectify the situation. During the board meeting on September 30, they proposed granting…

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One Prastha Realty secures ₹80 crore from Capri Global for project

NEW DELHI: One Prastha Realty, a real estate developer, has secured ₹80 crore in debt financing from Capri Global to support its integrated township project spanning 57 acres in Sonipat, Haryana. The company has successfully completed an 8.5-acre residential project in Sonipat and has now acquired 57 acres of land for a large-scale township development featuring residential plots and villas, as stated in the company announcement on Tuesday. Somesh Mittal, Co-Founder of One Prastha, noted the significant demand for residential plots in the Sonipat area, driven by infrastructure growth and improved connectivity to Delhi and Gurugram. “We see this not…

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Godrej Properties buys 26 acres of land in Bengaluru

Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired a 26-acre land parcel in South Bengaluru, near Sarjapur Road. Gaurav Pandey, MD & CEO, remarked, “As Bengaluru solidifies its reputation as one of India’s most vibrant real estate markets, the Sarjapur Road corridor emerges as a pivotal growth zone in the city’s urban landscape.” GPL intends to develop a premium residential project on this land, projecting a revenue potential of ₹1,100 crore. Published On Oct 15, 2025 at 08:37 AM IST Join a community of over 2 million industry professionals. Subscribe to our Newsletter for the latest insights &…

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CCI Approves Vedanta’s Bid for Jaiprakash Associates

NEW DELHI: The Competition Commission of India (CCI) announced on Tuesday that it has granted in-principle approval for mining giant Vedanta’s proposal to acquire the financially troubled Jaiprakash Associates, contingent upon winning the ongoing insolvency auction. Besides Vedanta, the CCI has also approved acquisition proposals from Jindal Power, PNC Infratech, Adani Group, and Dalmia Bharat for Jaiprakash Associates. “The proposed transaction involves the acquisition of Jaiprakash Associates Ltd (JAL) by Vedanta Ltd (the acquirer) as part of a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016,” stated the regulator in an official release. The CCI confirmed…

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Anant Raj Secures ₹1,100 Crore by Selling Shares

NEW DELHI: Realty firm Anant Raj Ltd has successfully raised Rs 1,100 crore by selling equity shares to institutional investors. The Finance and Investment Committee of the board has sanctioned the issuance and allocation of 1,66,16,314 equity shares to qualified institutional buyers at a price of Rs 662 per share, totaling Rs 1,100 crore, as stated in a regulatory filing on Tuesday. Anant Raj’s Qualified Institutional Placement (QIP) opened on October 7 and closed on October 13. The shares have been allocated to investors including Societe Generale ODI, BNP Paribas Financial Markets, Morgan Stanley Asia Singapore, Jupiter India Fund, and…

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Telangana’s property loss in fires exceeds ₹800 crore this year

HYDERABAD: From January to September this year, Telangana has experienced an alarming increase in fire incidents, resulting in a staggering property loss of ₹819.37 crore—the highest recorded in the state’s history over the past 11 years. In comparison, 2018 reported a previous peak of ₹260.16 crore in damages from 9,120 fire incidents, as per data from the state fire department. To date, the state has logged 7,276 fire accidents, claiming 142 lives. The only other year with a greater fatality rate was in 2015, with 159 deaths resulting from fires. “The uptick in incidents in major industrial areas like Pashamailaryam…

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Noida Authority Installs Notices on Housing Projects for Dues

NOIDA: The Noida Authority has begun placing boards outside housing projects where promoters have not cleared significant land dues and have not applied for the government’s rehabilitation scheme. Images of these boards are being shared on the Authority’s website as part of a strategy aimed at resolving issues with certain builders. The initial board has been set up outside Lotus Panache, a project by Granite Gate Properties currently under insolvency proceedings at the National Company Law Tribunal (NCLT). This initiative has faced strong opposition from residents who argue it breaches the moratorium imposed during the corporate insolvency resolution process (CIRP)…

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Maharashtra earns ₹29,795 crore from property fees by Oct 12

PUNE: Property registrations across Maharashtra continue to thrive, even after the recent increase in the ready reckoner (RR) rate, marking the first uptick in three years. The state has already gathered nearly half of its annual stamp duty and registration fees target as Diwali approaches. According to the state registration department, Maharashtra amassed ₹29,795 crore in stamp duty and registration fees by October 12, equating to 46.9% of the current financial year’s target of ₹63,500 crore. This represents a 7% increase from ₹27,834 crore during the same timeframe last year (up to the end of September), despite the recent RR…