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

Maharashtra Charity Chief Cancels Jain Trust Property Sale

PUNE: On Thursday, the Maharashtra charity commissioner ordered the cancellation of the sale of a prime property in Pune belonging to a Jain trust, following community protests over recent days. This decision was prompted by the construction firm Gokhale Landmarks LLP and the Seth Hirachand Nemchand Digambar Smarak Trust’s request to terminate the sale deed concerning the 3.5-acre property in Model Colony, which includes a boarding facility and a Jain Temple. The charity commissioner has revoked the April 2025 order that permitted the Seth Hirachand Nemchand Digambar Smarak Trust (SHNST) to enter into an agreement with Gokhale Landmarks. According to…

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DLF Q2 FY26 Net Profit Falls 14.56%

NEW DELHI: DLF has reported a 14.56% decrease in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax was ₹1,180.09 crore in Q2 FY26, down from ₹1,381.22 crore in the same quarter the previous fiscal year, as per a filing with the BSE. The company’s net consolidated total income for Q2 FY26 was ₹2,261.80 crore, marking a growth of 3.71% compared to ₹2,180.83 crore in the corresponding quarter last year. During the quarter, DLF Home Developers (DHDL), a wholly-owned subsidiary, redeemed 60,000 8.50% senior, secured, rated, listed, redeemable, guaranteed, Rupee-denominated non-convertible debentures (NCDs) worth…

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Lodha Developers’ Q2 FY26 net profit jumps 86.67%

NEW DELHI: Lodha Developers has announced an impressive 86.67% increase in its net consolidated profit for the quarter ending September 30, 2025. Their profit after tax reached ₹789.80 crore in Q2 FY26, compared to ₹423.10 crore in the same quarter last year, as stated in a filing to the BSE. The company’s total consolidated income for Q2 FY26 was ₹3,878.90 crore, marking a 44.49% rise from ₹2,684.60 crore in the corresponding quarter of the previous fiscal year. Abhishek Lodha, MD & CEO of the company, expressed, “We are delighted to report our best-ever Q2 performance, achieving pre-sales of ₹45.7 billion,…

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Kerala Eases Building Rules for Simpler Permit Process

THIRUVANANTHAPURAM: The government has launched major amendments to the state’s building regulations to streamline the approval process, enhance transparency, and expedite construction permits. Local self-government and excise minister M B Rajesh announced these changes on Wednesday, stating that they were informed by feedback from district-level adalats and consultations with experts, town planners, and industry representatives. The most significant reform is the expansion of the self-certified permit category. Residential buildings up to 300 sq m are now eligible for instant approval without height restrictions, allowing almost 80% of homes to receive permits automatically when applications are submitted online. For commercial buildings,…

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Dharavi Redevelopment: SRA Named Planning Authority for Salt Pan Land

Representative image MUMBAI: The Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority (SRA) have been designated as the special planning authority for the 42.51-acre Jamasp Salt Pan land located in Mulund East. According to a notification released on October 27 by the state urban development department, the SRA has been assigned this authority over the Dharavi area and the adjacent railway land included in the rehabilitation initiative. Additionally, it has authority over the 8.5-hectare Kurla Dairy site. The Mulund salt pan is part of the 256 acres the Centre has approved to be transferred for the Dharavi redevelopment project,…

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Panel to Review Delhi’s Settlements and Land Use Plans

Representative image Delhi’s land challenges, including contentious topics like the regularisation of unauthorised colonies and the implementation of a land pooling policy, are now under scrutiny by a parliamentary committee. The 31-member standing committee on housing and urban affairs is set to delve into three significant urban development and land matters concerning Delhi. Recently reconstituted, the panel has identified 23 issues for examination. Currently, the committee is assessing the implementation of prominent missions under the housing and urban affairs ministry. Among the 23 issues, three directly address Delhi’s land concerns, including the regularisation of unauthorised colonies, the status of the…

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Aditya Birla Sun Life AMC to raise ₹1,500 crore via Realty Fund

Aditya Birla Sun Life AMC, part of Aditya Birla Capital, intends to raise over ₹1,500 crore, including a greenshoe option, through a Category II alternative investment fund focused on senior secured lending for real estate projects in major Indian cities. The fund, named Aditya Birla Real Estate Credit Opportunities Fund-Series II (ABRECOF-II), will primarily invest in post-approval, brownfield projects developed by established real estate firms in tier-1 markets like Mumbai, Delhi-NCR, Bengaluru, Pune, Hyderabad, and Chennai. The investment strategy will mirror that of its predecessor, Aditya Birla Real Estate Credit Opportunities Fund (ABRECOF), which has invested over ₹1,427 crore to…

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Brigade Enterprises Q2 FY26 Net Profit Surges 47.97%

NEW DELHI: Brigade Enterprises has announced a significant increase in its net consolidated profit, rising by 47.97% for the quarter ending September 30, 2025. The company’s profit after tax for Q2 FY26 reached ₹170.28 crore, compared to ₹115.08 crore in the same period last year, according to a filing with the BSE. The total consolidated income stood at ₹1,429.86 crore, marking a 25.63% increase from ₹1,138.13 crore in the same quarter last year. In Q2 FY26, net bookings in the real estate sector were 1.90 million sq ft, with a sales value of ₹2,034 crore. Collections for the quarter amounted…

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India’s Real Estate Sees $1.76B Institutional Investment in Q3 2025

NEW DELHI: The Indian real estate sector attracted institutional investments totaling USD 1.76 billion in Q3 2025, marking the highest quarterly influx for any Q3 in the last four years, as stated in a Vestian report. While there was a slight decline of 2% in investments from the previous quarter, this represents an impressive 83% increase from the same time last year. The commercial sector continued to lead, accounting for 79% of the total investments, exceeding its previous records of 61% and 71% in the last quarter and the same quarter last year, respectively. In terms of value, investments in…

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Andhra Pradesh Extends Layout Regularization Deadline by 3 Months

Here’s a rewritten version of the content provided: Representative AI image VIJAYAWADA: In light of inadequate public response, the state government has opted to extend the deadline for the Layout Regularisation Scheme (LRS) by an additional three months. Initially announced in July, the scheme was set to conclude on October 31. With the new deadline, applications for the regularisation of plans can now be submitted until January 23, 2026. Sources indicate that the extension was prompted by a lack of interest from layout developers and plot owners. “The state government has decided to prolong the submission period for applications under…