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

TN CM Calls for Priority on Patta, Tax, Water Petitions

CHENNAI: On Friday, Chief Minister M.K. Stalin instructed officials to give priority to petitions concerning patta transfers, property tax, drinking water connections, changes to ration card addresses, and grievances from farmers while inspecting an Ungaludan Stalin camp in T Nagar. During his visit to the grievance redressal camp in Ward 133, Stalin emphasized the need to address requests from individuals with disabilities carefully and ensure timely resolution of petitions under the Kalaignar Magalir Urimai Thittam. He directed officials to accept applications even from residents arriving after official hours and to ensure they are processed promptly. In reviewing the camp’s operations,…

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Registrars May Verify Land Records Before Transactions

NEW DELHI: The new Registration Bill from the Centre empowers states to create regulations enabling registrars to thoroughly verify land rights records prior to registration. This initiative aims to combat fraud in land transactions and minimize litigation, as noted by Manoj Joshi, the land resources secretary, in an interview with RealtyDailyNews. Currently, registrars are not mandated to conduct such verification. This new measure is anticipated to provide greater assurance to retail buyers and investors, who mostly depend on their own research for land purchases. The bill also introduces a fully paperless registration process where possible, which could be expanded in…

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Suburban Land Demand Rises Amid Urban Cost Increases

Naugaon and Hapur in NCR, Khopoli and Karjat in Maharashtra, as well as Chikkaballapur and Channapatna in Karnataka are emerging as affordable new destinations for horizontal real estate development, with developers selling plots and farmland. As real estate in metro areas becomes more expensive, buyers are searching for new locations within a reasonable driving distance from major cities. “We are witnessing this trend across India as city land prices soar. Increased construction costs are prompting developers to pivot towards horizontal development, which is thriving as buyers with budgets of ₹50 lakh to ₹2 crore find it increasingly difficult to purchase…

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Hyderabad Land Auctions Fall Flat, Most Plots Remain Unsold

Representative AI Image HYDERABAD: The Telangana government is making efforts to increase revenue through land auctions, though the Hyderabad Metropolitan Development Authority (HMDA) encountered a tepid response for its recent offerings, with most plots remaining unsold. In Turkayamjal, only two bidders showed interest in the 12 available plots, indicating a lack of market enthusiasm. After a two-year pause, HMDA resumed land auctions, offering 93 open plots for bidding from September 17-19 across the city. This include 70 plots in Bachupally, 12 in Turkayamjal, and four each in Kokapet, Poppalguda, Chandanagar, and Bairagiguda in the Rangareddy district. An additional seven plots…

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Eight Dead in 345 Building Crashes Since 2021: RTI

Representative Image MUMBAI: Between 2021 and August 2025, the city witnessed 345 incidents of total or partial cessed building collapses, resulting in 8 fatalities and 28 injuries, according to data acquired under the Right to Information (RTI) Act by activist Jeetendra Ghadge. While the number of deaths is lower compared to previous decades, records from Mhada spanning 1970 to 2018 indicate that 815 people have lost their lives in such incidents. The Maharashtra government modified the Mhada Act in 2020 to expedite the redevelopment of precarious cessed buildings. The 2020 amendments—which introduced Sections 79A and 79B—were a response to repeated…

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Catena Homes India faces ₹25-crore fraud claims over fake leases

BENGALURU: Catena Homes India Pvt Ltd, a Bengaluru-based property management company, is facing significant backlash after seven FIRs were lodged at various police stations. The complaints accuse the firm and its directors of defrauding tenants and homeowners of nearly Rs 25 crore through fraudulent lease and rental schemes. Authorities have arrested three individuals: Naveen, Raman, and Ranjith. The incidents span several areas, including Parappana Agrahara, Varthur, Ramamurthy Nagar, Amruthahalli, and Electronic City. The first complaint was registered by a resident of Bengaluru, who reported losing almost Rs 10 lakh on September 1 after being misled by the company’s rental promises.…

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Crores-Worth HSVP Plots in Panchkula’s Sector 21 Become Dumping Ground

Representative AI image PANCHKULA: Prime residential plots in Sector 21, Part 3, developed and auctioned by the Haryana Shehri Vikas Pradhikaran (HSVP) for millions of rupees have been shockingly converted into an unofficial dumping ground for horticulture and construction-demolition (C&D) waste, allegedly by vehicles from the Municipal Corporation and private contractors. According to reports, HSVP was responsible for development in the area after auctioning the plots to buyers last year, with some yet to be auctioned. However, following this, the development authority seemingly halted its activities, allowing private contractors to exploit the absence of oversight. Some residents hold the Municipal…

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Emaar Properties to Keep Stake, Considering JV with Major Firms

NEW DELHI: Dubai’s Emaar Properties has confirmed it will not sell stakes in its Indian subsidiary but is exploring potential joint ventures with major Indian business groups, including the Adani Group. In a regulatory update to the Dubai Financial Market on September 18, Emaar stated it “is no longer considering the sale of any stake in its Indian entity.” Instead, the company is looking into partnerships with large firms or groups in India, specifically mentioning the Adani Group. Emaar Properties first entered the Indian real estate market in 2005 by partnering with MGF Development, committing around Rs 8,500 crore through…

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Deputy CM Calls for Action on 65 Illegal Kalyan-Dombivali Builds

THANE: Maharashtra’s Deputy Chief Minister, Eknath Shinde, has initiated a rigorous investigation and legal measures against those responsible for constructing 65 unauthorized buildings in the Kalyan-Dombivli area of Thane district, officials announced on Friday. These buildings have been declared unauthorized by the High Court, leaving residents facing eviction after being misled by builders who sold them properties without legal sanction. “Deputy Chief Minister Eknath Shinde has instructed an investigation into the developers who deceived residents of these 65 unauthorized buildings in Kalyan-Dombivli. He has directed the municipal commissioner to lodge a complaint with the Economic Crime Investigation Branch,” the statement…

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Vasai Arrests: Only One Town Planner Remains, Files Pile Up

VASAI: The recent arrest of Y S Reddy, deputy director of the Vasai-Virar civic body’s town planning department, along with ex-commissioner Anil Pawar, in a money laundering scandal linked to alleged corruption and unauthorized construction, has led to unexpected consequences. The backlog of building project approvals has soared due to a staffing shortage, resulting in significant revenue losses. Following the arrests, one of the two remaining officials in the department took leave and has not returned, leaving only one town planner to manage operations. A civic official confirmed, “Due to the lack of senior planning officers, no files have been…