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

Shree KB Realty Acquires 3-Acre Land in Greater Noida for ₹122 Cr

Representative AI image NEW DELHI: Shree KB Realty, a real estate firm, has acquired a 3-acre plot in Greater Noida for ₹122 crore via auction to develop a commercial project. The company announced on Thursday that it secured a land parcel measuring 12,000 square meters (approximately 2.97 acres) for ₹122 crore, which includes lease rent and stamp duty. The land, situated in Greater Noida West, was obtained through an auction held by the Greater Noida Authority. Rakesh Singhal, founder of Shree KB Group, stated, “We plan to construct a commercial project on the purchased land, featuring a built-up area of…

IndustryLatest Stories

Goa: Town Planning Halts Carambolim Housing Project After Protests

PANAJI: In response to local protests, the town and country planning department issued a show cause notice and stop work order to the Carambolim panchayat on Tuesday. This halts construction of a large housing project that includes residential flats, commercial shops, a swimming pool, and a boundary wall until further notice, as reported by Lisa Monteiro. The department’s notice indicated that during a joint inspection on Monday, villagers raised concerns about the proximity of the proposed building to the existing crematorium, stating it did not comply with regulations. Villagers also highlighted that the planned access roads of 15m and 10m…

IndustryLatest Stories

Gurugram: Strict Checks on Building Code Violations in DLF 1-5

GURUGRAM: Following the directives of the Punjab and Haryana High Court, the Department of Town and Country Planning (DTCP) has initiated a thorough verification drive to investigate discrepancies in sanctioned building plans and occupation certificates within licensed plotted colonies across DLF phases 1 to 5. Official records indicate that a meeting took place on January 5, chaired by the district town planner (enforcement) to assess progress on the High Court’s order from November 26. This meeting followed the establishment of multiple inspection teams by the senior town planner in an official directive issued in December. In compliance with the court’s…

IndustryLatest Stories

Bengaluru Body Shifts to Apartment Projects for Land Efficiency

BENGALURU: The Bangalore Development Authority (BDA) is shifting its focus towards apartment developments over large plotted layouts, emphasizing enhanced land-use efficiency in urban areas. This shift raises concerns about the future of the BDA’s traditional housing model centered around plots. According to officials, projects comprising apartments facilitate quicker housing delivery and prevent land fragmentation. “While discussions are ongoing and we don’t anticipate an abrupt change, there will be a noticeable trend towards apartments for more efficient land use. Basic housing needs should not always mean a 30×40 plot. We are conscious of the demand for plots, but our priority remains…

IndustryLatest Stories

EAAA Alternatives Secures ₹2,500 Crore for Real Assets Fund

Alternative asset manager EAAA Alternatives has successfully secured over Rs 2,500 crore with the final closing of its multi-strategy real assets fund, marking a significant milestone as the first diversified platform in India’s domestic alternative investment sector. The Infrastructure and Real Assets Fund, officially categorized as a Category II Alternative Investment Fund (AIF), starts with a base corpus of Rs 1,000 crore and includes a greenshoe option of Rs 1,500 crore. The fund aims to diversify investments across various real asset sectors such as energy, transportation, warehousing, and structured deals including private infrastructure investment trusts (InvITs), thus establishing itself as…

IndustryLatest Stories

Lodha Developers’ Q3 FY26 Sales Up 25% to ₹5,620 Crore

NEW DELHI: Lodha Developers announced quarterly pre-sales of ₹5,620 crore for Q3 FY26, reflecting a 25% increase year-on-year. The company is on track to meet its annual pre-sales target of ₹21,000 crore. Collections for Q3 FY26 were ₹3,560 crore, which is lower compared to the same period last year due to unique inflows from significant land and office sales recorded in Q3 FY25. However, the company anticipates an increase in collections in the forthcoming quarters. During the quarter, five new projects were launched with a gross development value (GDV) of ₹33,800 crore across the Mumbai Metropolitan Region (MMR), NCR, and…

IndustryLatest Stories

Uttar Pradesh Cuts Rent Agreement Stamp Duty by 90%

LUCKNOW: The Uttar Pradesh Cabinet has approved new proposals allowing the registration of ancestral property partition deeds for a fixed fee of Rs 10,000. Additionally, the stamp duty and registration charges on rent agreements will be reduced by up to 90 percent. The State’s Minister of State (Independent Charge) for Stamp and Court Fee, Registration, Ravindra Jaiswal, shared this information during a press briefing after the Cabinet meeting led by Chief Minister Yogi Adityanath. The objective of these decisions is to alleviate family disputes, curtail informal agreements, and enhance legal security, thereby improving the ease of living in Uttar Pradesh,…

IndustryLatest Stories

Railway secures ₹1,368 crore bid for 6-acre land in Mumbai

Representative Image The Railway Land Development Authority (RLDA) has received a bid of Rs 1,368 crore for redeveloping the Supari Baug colony, a nearly six-acre land parcel located in central Mumbai’s Parel area, according to sources familiar with the matter. Dineshchandra R Agrawal Infracon is the sole bidder for this land, which will be redeveloped under a revenue share model through a long-term lease. The reserve price for the plot, which will be granted via a 99-year lease, was set at Rs 1,343 crore. The Supari Baug tender initially garnered interest due to its size and prime location in Parel,…

IndustryLatest Stories

Runwal Enterprises buys 200 acres in Alibaug for ₹20,000 crore

Here’s a revised version of the content: — Representative AI image Real estate developer Runwal Enterprises has secured a 200-acre land parcel in the coastal town of Alibaug, situated near Mumbai. This acquisition is part of a ₹20,000 crore integrated township project authorized under the Maharashtra Regional and Town Planning (MR&TP) Act of 1966, which regulates large-scale and mixed-use developments in the region. Led by Subodh Runwal, the firm aims to roll out a project that incorporates both residential and commercial facets. Plans include a five-star hotel and social amenities like a golf course, subject to compliance with planning regulations…

IndustryLatest Stories

Noida Authority Forms Panel to Resolve Sub-Lease Backlog

NOIDA: On Saturday, the Noida Authority board approved an eight-member committee to tackle the longstanding issue of non-registration of tripartite sub-lease deeds. This committee, chaired by the additional chief executive officer (group housing) of Noida, is responsible for analyzing the challenges associated with the non-registration of these sub-lease deeds and providing recommendations to resolve them, while ensuring the financial interests of the authority are protected. Officials indicated that the panel’s recommendations could lead to a standardized policy for regularizing sub-lease registrations in ongoing cooperative housing cases across Noida. The decision was influenced by ongoing challenges encountered by flat owners—both current…