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

Amaravati ORR Project Fuels Real Estate Boom

Representative AI image VIJAYAWADA: The Amaravati Outer Ring Road (ORR) project is igniting a substantial real estate boom in areas surrounding the capital. With land acquisition accelerating and gazette notifications in progress, property prices near the proposed route have soared, showing one of the sharpest increases in recent years. Notable price hikes are occurring in regions like Kanchikacherla (NTR district), Agiripalli–Pottipadu (Eluru and Krishna districts), and around Kankipadu, where real estate firms are actively seeking investment opportunities. Locals report that land values in several areas have surged by nearly 35% within just a few weeks. Residents attribute this increase to…

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Godrej Properties buys 75-acre plot in Nagpur

Representative AI image NEW DELHI: Godrej Properties (GPL) has successfully acquired a 75-acre land parcel in Nagpur, which has an estimated revenue potential of ₹755 crore. According to Gaurav Pandey, MD & CEO of Godrej Properties, “This acquisition is a significant milestone in our expansion strategy as we aim to enhance our footprint in emerging real estate markets across India.” This marks the third acquisition in Nagpur within the last four years. The planned development on this land will primarily consist of residential plotted units, offering an estimated saleable area of 1.7 million square feet. With this recent acquisition, the…

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Hyderabad: ORR’s Challenged Industries Can Alter Land Use

Representative AI image HYDERABAD: The state government has rolled out the Hyderabad Industrial Lands Transformation Policy (HILTP) 2025, allowing industries within the Outer Ring Road (ORR) that are no longer economically viable due to outdated technologies to shift land use for residential and commercial purposes, upon payment of a fee. This change aims to generate revenue for the government. The cabinet approved this policy on November 17. Officials noted that this policy will affect approximately 10,000 acres in industrial estates, parks, and auto nagars managed by the Telangana State Industrial Infrastructure Corporation (TGIIC) and related authorities, as well as standalone…

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Maharashtra approves free regularization for small plot deals

NAGPUR: On Tuesday, the Maharashtra government approved a significant reform to regularize thousands of small land transactions that previously violated the state’s fragmentation law. This initiative aims to provide long-awaited legal recognition to holdings that have remained uncertain for decades. The revenue department has introduced a new operating framework allowing these plots to be regularized without incurring any fees, benefiting nearly 60 lakh property owners. Previously, individuals seeking regularization were required to pay a penalty of 25% of the land’s current market value, which was later reduced to 5%. However, participation remained low. Officials noted that waiving all fees aims…

IndustryLatest Stories

Godrej Properties buys 3.8 acres in Bengaluru

Representative AI image NEW DELHI: Godrej Properties (GPL) has acquired a 3.8-acre land parcel on Sarjapur Road in South Bengaluru. This project has a revenue potential of ₹2,400 crore and a development potential of two million sq. ft. With this acquisition, GPL anticipates an estimated total revenue potential of ₹3,500 crore, encompassing a total of three million sq. ft. across a larger 30-acre development. Published On Nov 20, 2025 at 09:25 AM IST Join the community of 2M+ industry professionals. Subscribe to our newsletter for the latest insights & updates. Get all the ETRealty updates right on your smartphone!

IndustryLatest Stories

Maharashtra: IGR Panel Calls for Stricter Property Registration Controls

PUNE: A five-member inquiry committee, led by Joint Inspector General of Registration Rajendra Muthe, has proposed significant reforms to enhance Maharashtra’s property registration system and reduce revenue loss. This recommendation follows an investigation into irregularities linked to a ₹300-crore land purchase case in Mundhwa involving Amadea Enterprises LLP, associated with Deputy Chief Minister Ajit Pawar’s son, Parth. According to sources familiar with the report, the committee has advised that registrars must obtain a formal decision from the Stamp Collector under Section 31 of the Maharashtra Stamp Act before granting stamp duty exemptions based on government notifications. “This measure is vital…

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Maharashtra Minister Orders Free Regularization of Small Lands

MUMBAI: Maharashtra’s Revenue Minister, Chandrashekhar Bawankule, announced on Tuesday the free regularization of small land parcels that were purchased in violation of the Fragmentation Act. This initiative is projected to benefit approximately 60 lakh property holders and nearly three crore citizens statewide. “Entries reflecting transactions violating the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act will be erased from the 7/12 land title document,” Bawankule stated. He emphasized that the newly implemented eight-point procedure will legitimize thousands of long-standing small-plot transactions in Maharashtra. In response to Bawankule’s directive, the revenue department indicated that this procedure will apply to land…

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AU Real Estate Secures Selling Rights for Aspire Leisure Valley 2

Representative AI image NEW DELHI: AU Real Estate has secured the selling rights for Aspire Leisure Valley, a residential project by NBCC (India), through a ₹1,069 crore deal that also includes Aspire Centurion Park. Earlier this year, in May 2025, AU Real Estate obtained sales rights for Aspire Silicon City valued at ₹1,467.93 crore. Following this acquisition, the company has launched Aspire Leisure Valley in Greater Noida West at an introductory rate of ₹7,979 per sq ft. The project is under the supervision of the Supreme Court of India, with construction managed by Capacite Infraprojects. Published On Nov 18, 2025…

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Mumbai: MHADA Lawyer’s Role in Girgaum Redevelopment Delay

MUMBAI: A confidential report from MHADA’s legal department has confirmed that the critical Section 79A notice issued to Parekh Estate Pvt Ltd has never been revoked. This contradicts earlier claims made by MHADA panel advocate Priyanka Chavan during a writ petition in front of the Bombay High Court this year. According to an internal memo dated November 14, 2025, “the 79A notice issued to the landlord…has not been revoked by this office.” It further indicates that there are no documents reflecting any revocation and that the matter falls under the jurisdiction of the Dy. Chief Engineer (Zone II), not the…

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Goa to Profit from Sale of Comunidade, Housing Board Land

Representative AI image PANAJI: In response to revenue losses from the sale of plots by comunidades and the Goa Housing Board (GHB), the state government has mandated that comunidades execute conveyance deeds at 50% below the minimum land rates and collect stamp duty based on GHB-determined rates. According to under secretary (revenue-I) Vrushika Kauthankar, “For comunidade land, the minimum land values for areas up to 400sqm in S1 to S4 zones will see a 50% reduction.” Revenue Minister Atanasio ‘Babush’ Monserrate stated that comunidades collect ‘foro’ for plots allotted to beneficiaries over 20 years, generating no revenue for the government.…