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

Nashik to Receive Incentive FSI for Redevelopment: Maha Deputy CM

NASHIK: Deputy Chief Minister Eknath Shinde announced on Thursday that Nashik will soon enjoy incentive Floor Space Index (FSI) benefits similar to those of Thane and Pune to promote the redevelopment of aging buildings. This pledge was made during an interactive meeting hosted by State Industries Minister Uday Samant with industry and trade associations in Nashik. Members of the Confederation of Real Estate Developers Association of India (Credai) expressed their concerns regarding obstacles in redevelopment initiatives. In response, Samant promptly contacted Shinde and briefed him on the issues. Shinde committed to formulating a policy that would implement additional FSI for…

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DRA Homes and Yubi Launch ₹250 Crore Secured Debt Platform

NEW DELHI: DRA Homes has launched a strategic ₹250 crore secured debt platform in partnership with Yubi Group to enhance its land acquisition portfolio. This platform will consist of secured non-convertible debentures (NCDs), with funds earmarked solely for land acquisition. Ranjeeth Rathod, managing director of DRA Homes, stated, “This collaboration helps us to institutionalize our land sourcing strategy using secured, non-dilutive capital while ensuring balance-sheet discipline.” Aspero, an online bond platform provider, will facilitate DRA’s access to capital markets, enabling them to attract funds from a diverse investor base. Yubi will support the structuring, issuance, and distribution of the NCDs…

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SWAMIH Fund Aids Completion of 61,000 Stalled Homes

NEW DELHI: The Special Window for Affordable and Mid-Income Housing, a government-supported stress fund, has successfully completed over 61,000 homes in stalled projects as of December 15. The fund is expected to deliver more than 100,000 homes, benefitting over 400,000 individuals, the Finance Ministry stated. “Demonstrating effective deal execution and responsible capital use, the fund has fully committed its entire investable corpus ahead of the investment period ending on December 5, 2025. “The fund’s portfolio includes over 145 projects across 30 cities, establishing SWAMIH (Special Window for Affordable and Mid-Income Housing) as the largest residential-focused stress resolution platform in the…

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Oberoi Realty, Shree Naman vie for 11-acre Mumbai land

Representative AI image Real estate developers Oberoi Realty and Shree Naman Developers have qualified as bidders for the Railway Land Development Authority’s 11.21-acre prime land parcel in Mumbai’s Bandra locality, according to sources familiar with the matter. The Railway Authority set a reserve price of ₹5,365 crore for the land located along the Western Express Highway in Bandra East. The land will be leased for a 99-year term under a revenue-share model, with a base FSI of four times, as per the Railways’ tender conditions. According to one source, “The selected developer is required to share a minimum of 45%…

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Freehold Conversion Resumes, Boosting Lutyens’ Delhi Real Estate

Over 100 high-value property transactions in Lutyens’ Delhi may finally be registered this year as the Land and Development Office (L&DO) prepares to approve them under the Union housing and urban affairs ministry. One significant deal includes the Rs 1,100-crore transaction for the first official residence of Jawaharlal Nehru, located at 17 York Road (currently Motilal Nehru Road), which has been on hold due to L&DO’s suspension of converting leasehold properties to freehold. The office has now decided to use Delhi government circle rates for calculating conversion charges starting January 1, 2026. “This is a long-overdue and positive development. Linking…

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Sundaram-Clayton to sell 16.38 acres in Chennai for ₹560 crore

BENGALURU: Sundaram-Clayton Ltd has entered into an agreement to sell a 16.381-acre land parcel in Chennai to Canopy Living LLP, a joint venture of Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd, for approximately Rs 560 crore. This move is part of their strategy to monetize non-core assets and enhance value. In a regulatory filing on Thursday, the company announced it executed the Agreement to Sell (ATS) on January 8, 2026, for the property located in Korattur village, Ambattur taluk, a well-connected residential and industrial micro-market in northwest Chennai. Completion of the transaction is anticipated by February 11,…

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Karnataka Cabinet Clears A-Khata for B-Khata in Illegal Layouts

BENGALURU: The Karnataka Cabinet has approved the issuance of A-khata certificates for B-khata properties situated in unauthorized layouts within urban local body jurisdictions, as announced by Minister H K Patil. During the post-cabinet meeting briefing, Patil outlined that this decision mirrors a previous resolution concerning B-khata properties in the region. He clarified that properties in officially sanctioned layouts receive A-khata, while B-khata properties exist in layouts lacking such endorsements. “The cabinet has sanctioned the granting of A-khata to sites and buildings, including apartments and flats, that currently possess B-khata in layouts formed without the necessary approvals from competent authorities, within…

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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…

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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…

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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…