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

Kozhikode Orders Structural Audit After Valiyangadi Incident

KOZHIKODE: Protests have escalated following the tragic collapse of a building owned by the Kozhikode Corporation, which resulted in the deaths of four individuals. Mayor O. Sadasivan defended the corporation’s actions during a news conference on Monday morning, where he explained that the building, located in Valiyangadi, had been flagged for rebuilding back in 2022, along with 15 other old structures. He emphasized that tenants were not evicted due to the significant number of traders operating from these sites. Sadasivan has requested a detailed structural evaluation of all corporation properties and vowed to conduct a thorough investigation with government assistance.…

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Major Urban Expansion Planned in Haryana: HSVP to Acquire Land

GURUGRAM: The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated an expansive land procurement plan aimed at developing new residential and commercial areas in the state, the first such effort in the city in 20 years. This initiative seeks to alleviate pressure on existing urban centers while ensuring a consistent supply of serviced plots according to planned development norms. HSVP aims to acquire approximately 1.8 lakh acres statewide, with 23,739 acres earmarked for the city, to be implemented in three phases. New sectors are anticipated to launch in the first half of 2026. The procurement process will utilize direct purchase and…

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Suraj Estate Developers Buys Hally Pacific for ₹30.40 Crore

NEW DELHI: Suraj Estate Developers has successfully acquired 100% of the shares of Hally Pacific, which owns a vacant land parcel located at Sayani Road, Prabhadevi, Mumbai. This acquisition was finalized based on a share purchase agreement dated February 20, 2026, for a total amount of approximately ₹30.40 crore, making Hally Pacific a wholly owned subsidiary of the company. The newly acquired land spans around 717.39 sq meters. The company plans to develop this site with an estimated saleable carpet area of approximately 0.367 lakh sq ft and an anticipated gross development value (GDV) of around ₹200 crore. Rahul Thomas,…

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Uttarakhand Forms 14-Member Panel to Revise Building Bylaws

DEHRADUN: In response to Uttarakhand’s heightened seismic vulnerability, the state government has launched a thorough revision of its building bylaws to incorporate updated earthquake safety standards. According to an official release, this initiative aligns with the Indian Standard ISO 1893-2025, which categorizes the entire state within a high seismic zone. The government announced plans to amend current construction regulations to enhance their scientific basis, resilience against disasters, and adherence to modern engineering practices. Presently, the building bylaws in Uttarakhand are founded on the outdated Bureau of Indian Standards framework ISO 1893-2002. Guided by Chief Minister Pushkar Singh Dhami, Chief Secretary…

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Maharashtra Minister: 1,000+ Mumbai Sites Issued Stop-Work Notices

MUMBAI: The Maharashtra government, along with civic authorities, has intensified measures against air pollution in Mumbai, issuing stop-work notices to over 1,000 construction sites for breaching environmental regulations, as stated by state Minister Pankaja Munde on Tuesday. The environment minister reported to the legislative assembly that as of January, 1,952 of the 2,224 active construction sites—nearly 88 percent—had installed low-cost air quality sensors. Official figures indicate that between October 2025 and January 2026, a total of 1,981 show-cause notices and 1,047 stop-work notices were issued as part of the ongoing “Clean Air” initiative, Munde noted in a written response regarding…

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Godrej Properties to Co-Develop 18 Acres in Thane

Representative Image NEW DELHI: Godrej Properties (GPL) has signed a joint development agreement for an 18-acre land parcel in Thane. The anticipated project will primarily be residential, with an estimated revenue potential exceeding ₹7,500 crore. Gaurav Pandey, MD & CEO of the company, stated, “This is our fourth development in Thane, and the substantial size of the land will facilitate a meticulously planned integrated residential project.” Published On Feb 23, 2026 at 10:02 AM IST Join a community of over 2 million industry professionals. Subscribe to our Newsletter for the latest insights and analyses delivered to your inbox. Stay updated…

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Telangana Housing Board makes ₹34 crore from Hyderabad land auction

HYDERABAD: Recent auctions of Telangana Housing Board land parcels have seen impressive prices, reaching ₹1.76 lakh per square yard in Gachibowli and ₹1.64 lakh per square yard in Kukatpally. The total revenue generated from Monday’s land sales stood at ₹34.27 crore. The Board released a notification on February 9 to auction off 14 land parcels in Gachibowli, Bowrampet, Balaji Nagar, Chintal, and other areas across the city. Approximately 50 bidders participated in the auction held at the KPHB community hall on Monday. All plots sold were in the MIG and HIG categories, with the exception of a plot in Bowrampet…

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Telangana Aims to Raise ₹3,500 Crore from Osman Nagar Auctions

Representative image HYDERABAD: Following record revenue from land sales in key western sectors, the Telangana government is focusing on the next growth area on Hyderabad’s outskirts, auctioning valuable land parcels in Osman Nagar near Tellapur. After successful auctions in high-end locations such as Raidurg, Kokapet, Gopanpally, Gachibowli, and Budwel, the government is now offering approximately 48 acres of land in Osman Nagar, conveniently situated near the Financial District and Outer Ring Road. Sources indicate that the government has resumed land auctions after a three-month hiatus to raise funds between ₹4,000 crore and ₹5,000 crore for welfare initiatives like Rythu Bharosa…

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Coimbatore: Steel Prices Up 20%, Hurting Construction Activity

COIMBATORE: This month, TMT steel prices—a critical component in construction—have surged by 20% compared to last month, leading builders’ associations to express concerns about a potential slowdown in construction activities, particularly in housing projects. A builder based in Coimbatore noted that steel prices have risen by ₹10 to ₹12 per kg, resulting in higher construction costs than originally anticipated. The price per tonne has now increased from ₹62,000 to ₹72,000. While cement and brick prices remain stable, the significant rise in steel costs has forced builders to adjust their project estimates accordingly. This increase equates to nearly ₹50 per square…

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NBCC Discusses 139-Acre Project in Seychelles

NEW DELHI: State-owned NBCC is considering a project in Seychelles focused on infrastructure development, including housing, on a 139-acre island. On Monday, the company announced that Vice-President of Seychelles, Sebastien Pillay, visited NBCC’s headquarters with a high-level delegation. Discussions were held with NBCC CMD K P Mahadevaswamy and other senior officials regarding potential projects in Seychelles. “Detailed presentations were shared with the delegation, highlighting infrastructure development opportunities for the island’s 139 acres,” NBCC stated. The planned development includes affordable housing, leisure and hospitality options, premium villas, a sports arena, and social infrastructure, among others. Back in January, NBCC’s CMD visited…