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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Kerala’s Policy Shift Will Legalize Land-Use Violations

Representative Image THIRUVANANTHAPURAM: Recent years have seen land-use violations in Idukki—previously considered serious enough for court action—shift to the focus of a significant policy change. What’s particularly notable is that these cases were investigated using public funds, with district officials, revenue personnel, and law enforcement dedicating years to identify violations, issue stop orders, and defend their actions in court. Now, those same violations face potential retroactive approval under a new standard operating procedure, effectively undermining years of administrative diligence. Documents submitted to the Kerala High Court by the Idukki district administration in 2023 indicate that these violations were neither isolated…

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Dubai Beckons Flexible Office Providers and Fund Houses

Indian businesses are increasingly opting for Dubai as a destination for expansion. Notable investments have been made by flexible workspace provider CorporatEdge and fund management firm Nisus Finance Services Company Limited. The city’s investor-friendly policies, tax-exempt environment, and Golden Visa program enhance its appeal. This makes Dubai an attractive option for Indian companies seeking global growth and investment opportunities.

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Kerala to implement blockchain for secure land transactions: CM

Representative AI image KANNUR: Kerala Chief Minister Pinarayi Vijayan announced on Sunday that the state government is planning numerous initiatives, including the application of blockchain technology, to enhance the security of land transactions. The chief minister emphasized the government’s goal to deliver comprehensive services directly to citizens’ homes, minimizing the need for office visits. “We have several initiatives in the pipeline, such as utilizing blockchain technology to secure land transactions further and employing scientific methods to eliminate fraudulent documents and duplicate registrations,” he stated. Vijayan shared these insights after inaugurating the annual Registration Department Day celebrations and recognizing the top-performing…

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Sobha’s Q3 FY26 Sales Bookings Surge 52% to ₹2,115 Crore

NEW DELHI: Sobha Ltd, a prominent real estate firm, has announced a remarkable 52% surge in sales bookings, totaling ₹2,115.2 crore for the third quarter of this fiscal year. This growth is attributed to increased volumes and favorable price realization, buoyed by strong housing demand. In comparison, the Bengaluru-based company recorded sales of ₹1,388.6 crore during the same period last year. “We have achieved a historic quarterly performance, with record real estate sales of ₹2,115 crore,” Sobha Ltd noted in its regulatory announcement on Saturday. In terms of physical sales, Sobha Ltd sold 1,370,340 sq ft from October to December,…

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Get Fire NOC in 30 Days or Face Action: Ludhiana Residents Warned

Ludhiana: In the wake of a significant fire incident, the Ludhiana municipal authorities are emphasizing the urgent need for robust fire safety protocols in the industrial sector. Municipal Commissioner Aaditya Dachalwal announced on Thursday that residents must secure a fire safety No Objection Certificate (NOC) within 30 days, or face penalties. Under the Fire Prevention and Fire Safety Act of 2012, residents are required to obtain this fire safety NOC from the fire department within the specified timeframe, or risk incurring heavy fines and possible building sealings for non-compliance. Officials stated that all commercial properties—including educational institutions and coaching centers—must…

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Mysuru MDA Seeks Landowner Consent for Mega Housing Plan

Representative Image MYSURU: The Mysuru Development Authority (MDA) has invited landowners from four villages in Yelwal hobli to submit consent letters for a proposed mega residential layout covering 2,113 acres. This project is part of the 50:50 scheme, where landowners will receive half of the developed land in exchange for the land they surrender. However, villagers have expressed concern over a lack of information regarding the project, while real estate experts have raised questions about its feasibility. The MDA’s proposal encompasses the villages of Nagawala, Bommenahalli, Kammarahalli, and Doddamaragowdanahalli. The initiative requires participation from 1,524 landowners and is expected to…

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Delhi Mayor Urges Clearing Property Tax Dues in Amnesty Scheme

NEW DELHI: Delhi Mayor Sardar Raja Iqbal Singh urged residents to pay overdue property taxes under the Property Tax Amnesty Scheme 2025-26, which includes waivers on interest and penalties. The offer ends on January 31. The Sumpattikar Niptaan Yojana (SUNIYO) allows taxpayers to completely waive property tax, interest, and penalties for dues from before the 2020-21 fiscal year, contingent on payment of the principal tax for the current year (2025-26) and for the previous five years (2020-21 to 2024-25). A late fee of 5% is applicable after the deadline. “We encourage property owners to take full advantage of this opportunity…

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Veegaland Developers Files ₹250-Crore IPO with Sebi

NEW DELHI: Veegaland Developers, a real estate firm under the V-Guard group, has submitted draft papers to market regulator Sebi to raise ₹250 crore through an initial public offering (IPO) aimed at fueling its expansion efforts. This IPO is a completely new issue of shares, with no Offer-for-Sale (OFS) element, as detailed in the draft red herring prospectus (DRHP) submitted on Tuesday. Funds from the IPO will be allocated to cover part of the ongoing and upcoming project costs, estimated at ₹111.60 crore, alongside ₹18.49 crore earmarked for purchasing specific land parcels for residential projects. The remainder will be utilized…

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RBI Report: Creditors Recovered ₹4 Lakh Cr via IBC by Sept 2025

MUMBAI: According to a Reserve Bank report released Wednesday, creditors have recovered ₹4 lakh crore under resolution plans initiated under the Insolvency and Bankruptcy Code (IBC) as of September 30, 2025. Since the introduction of corporate insolvency resolution processes in December 2016, a total of 8,659 Corporate Insolvency Resolution Processes (CIRPs) have been initiated, with 6,761 (or 78.1%) successfully completed by September 30, 2025. The IBC primarily aims to assist corporate debtors (CDs) in distress. During the period from April to September 2025, the code aided 187 CDs, bringing the total number of aided debtors to 3,865 since the IBC’s…

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Private Equity in Indian Real Estate Soars 59% to $6.7B by 2025

NEW DELHI: Private equity investments in India’s real estate sector saw a significant surge in 2025, with total capital deployment reaching $6.7 billion (₹593 billion), reflecting a 59% increase from the previous year, as reported by Savills India. The investment figure encompasses equity investments made through private channels, structured debt deals by alternative investment funds (AIFs), and non-convertible debenture (NCD) issuances. Foreign investors maintained a dominant presence, responsible for 76% of total private equity inflows. Savills highlights the recovery as being driven by improved regulatory transparency via RERA, developers’ balance sheet consolidation, and a stronger emphasis on asset-level performance. The…