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

Mumbai: Developers Explore Tankers, Recycling Amid Water Restrictions

MUMBAI: As water supplies in Mumbai become tighter, developers and industrial users are adjusting their operations, preparing for increased costs, a greater reliance on tankers, and potential project delays, while also accelerating investments in water recycling and reuse. The BMC has suspended water supply to construction sites and implemented a 20% reduction in supply to industrial and commercial entities due to declining reservoir levels and a delayed monsoon. These restrictions are on top of a previously established 10% cut from the previous month. Amit Jain, Chairman and Managing Director of Arkade Developers, mentioned that these measures would drive developers towards…

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CM Finalizes Delhi Slum and JJ Cluster Rehab Policy

NEW DELHI: Chief Minister Rekha Gupta has announced the finalization of the Delhi Slum and JJ Cluster Rehabilitation and Resettlement Policy, 2026, by the Centre and the Delhi government. Gupta stated that the first phase will involve rehabilitation projects for five JJ clusters, providing essential civic amenities such as schools, health centers, playgrounds, and anganwadi centers. In a late Tuesday night post on X, Gupta mentioned that the policy was concluded in a high-level meeting led by Union Home Minister Amit Shah. She also indicated that the Delhi Development Authority (DDA) and the Delhi Urban Shelter Improvement Board (DUSIB) will…

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Guwahati Builders Support Government’s Satellite City Plan

GUWAHATI: The Assam Real Estate and Infrastructure Developers’ Association (AREIDA) has shown strong support for the state government’s initiative to establish the Guwahati Satellite Cities Development Authority (GSCDA). This authority aims to plan, finance, and develop satellite cities in the vicinity of Guwahati. AREIDA President PK Sharma emphasized the importance of constructing a well-planned satellite city near the Guwahati airport to alleviate pressure on the main city. He noted that this initiative is critical for decongesting the area and accommodating projected population growth. “With the Guwahati Metropolitan Area’s population expected to reach 4 million during the Master Plan period, sustainable…

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Puravankara Acquires 9.73 Acres in Bengaluru; Arvind Joins for 58.25 Acres in Ahmedabad

Representative image NEW DELHI: Puravankara has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru. This outright acquisition has development potential of approximately 0.89 million sq ft, with an estimated gross development value (GDV) of ₹800 crore. In a separate announcement, Arvind SmartSpaces (ASL) shared plans for a residential plotted project located on Kerala-Nalsarovar Road in South Ahmedabad. The project encompasses 58.25 acres, featuring a saleable area of 2.5 million sq ft. This joint development initiative is expected to generate a top-line of ₹180 crore. Published On Jun 17, 2026 at 09:46 AM IST Join a community of…

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Harmony Infra Ventures to Invest ₹550 Crore in Ghaziabad Project

NEW DELHI: Harmony Infra Ventures has assumed full ownership of The Horizon Residences, a ₹1,600 crore residential endeavor located in Indirapuram, Ghaziabad. HS Kandhari, co-founder and executive director of the firm, mentioned that ₹550 crore will be invested in this project, with substructure work already in progress across the two G+33 towers. The project features 264 residences with pricing starting at ₹5.99 crore. It is compliant with the Real Estate Regulatory Authority and has secured all necessary approvals. Indigo Infraprojects is responsible for the foundation work, which includes deep excavation, piling, diaphragm wall construction, shoring, and other ground engineering tasks…

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Delhi’s Slum Dwellers Rehabilitation Policy Finalized: Home Min.

NEW DELHI: Union Home Minister Amit Shah announced on Tuesday that the Delhi Slum and JJ Cluster Rehabilitation and Relocation Policy, 2026, is finalized and will benefit around four lakh families residing in such areas. Shah recommended that the Delhi government issue tenders for at least five public-private partnership-based rehabilitation projects each month. During a review meeting focused on the rehabilitation of slum dwellers in the national capital, he directed the Delhi Development Authority (DDA) and the Delhi Urban Shelter Improvement Board (DUSIB) to issue tenders for five clusters within 45 days. He also requested the preparation of project documents…

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CMDA Gains Authority to Approve Chennai High-Rises

CHENNAI: The process for obtaining planning permissions for high-rise buildings (HRBs) is set to become faster. The state government has delegated the authority to approve HRB projects in the Chennai Metropolitan Area (CMA) to the Chennai Metropolitan Development Authority (CMDA). This decision was made known through a Government Order (GO) by the housing and urban development department on June 15. Following a request from the CMDA, which indicated that routing proposals through the government after technical review had caused delays, the government has concurred and decided to enable the planning authority to grant approvals directly. This order amends provisions of…

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India’s REIT, InvIT AUM could hit ₹20 lakh crore by 2030

NEW DELHI: India’s Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) markets are projected to draw an additional ₹11.6 lakh crore in investments over the next five years. This would result in total assets under management exceeding ₹20 lakh crore by 2030, according to an Avendus Capital report. The report notes that the market currently includes 32 listed trusts with assets under management of approximately ₹10 lakh crore and a total market capitalisation of around ₹5 lakh crore. Domestic institutional investors are anticipated to be a key source of funding for this asset class. The report suggests that…

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Ahmedabad Homes to Rise 5-10% from July 1 Amid Cost Surge

AHMEDABAD: From July 1, homebuyers in Ahmedabad may face a price increase of 5-10% for under-construction properties. This decision comes in response to a rise in construction costs caused by supply disruptions linked to the West Asia conflict. This decision was made during a meeting of approximately 400 developers organized by Credai Ahmedabad on Monday. The gathering aimed to evaluate the effects of rising raw material prices as the June price stabilization commitment by Credai approaches its end. Rajesh Vaswani, chairman of Credai Ahmedabad, noted that construction material prices have surged dramatically since the onset of the conflict. “Some raw…

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Mumbai Sees 70 Redevelopment Deals in Q1 2026: Report

NEW DELHI: In the first quarter of 2026, Mumbai saw nearly 70 developer agreements for society redevelopment, making up over 30% of the total agreements for 2025, according to a report by Knight Frank India. The report noted a shift towards larger, cluster-led redevelopment projects, driven by policy modifications, land aggregation, and enhanced project feasibility. Mumbai’s redevelopment initiatives could potentially unlock around 59,000 homes valued at approximately ₹1.5 lakh crore by 2031. Additionally, these projects are projected to generate about ₹9,115 crore in stamp duty revenue throughout their lifespan, the report stated. Since 2020, developer agreements in Mumbai have surpassed…