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

Shapoorji Pallonji to raise ₹22,000 crore to cut debt in 2026

MUMBAI: The Shapoorji Pallonji (SP) Group plans to raise $2.5 billion (approximately ₹22,000 crore) in the first quarter of the next calendar year to retire expensive existing debt. The infrastructure conglomerate has begun discussions with current investors to determine whether they prefer repayment now or at the scheduled maturity in April. The fundraising goal aims to eliminate $1.7 billion (₹15,000 crore) of existing high-cost debt and is seen by analysts as the second phase of a capital restructuring for the group entity, Goswami Infratech. “Refinancing is step two, which is the Q1 event,” said an insider. “Step one involved the…

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Pune: Trust May Cancel Model Colony Deal, Status Quo Until Oct 30

PUNE: Just two days after Vishal Gokhale from Gokhale Landmarks LLP announced plans to withdraw from the contentious land agreement concerning the 3.5-acre property of the Seth Hirachand Nemchand Digambar Jain Boarding Trust, the trustees informed the charity commissioner on Tuesday that they also intend to cancel the deal. In an application submitted to charity commissioner Amogh Kaloti through their attorney Ishan Kolhatkar, the trustees noted that a board meeting had been called on October 27, following Gokhale’s email requesting the cancellation deed. They unanimously agreed to accept the developer’s proposal, emphasizing the importance of community harmony, transparency, public trust,…

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Aditya Birla Real Estate Q2 FY26 Net Loss Reaches ₹73.10 Crore

NEW DELHI: Aditya Birla Real Estate (previously Century Textiles and Industries) has reported a net consolidated loss after tax of ₹73.10 crore for the quarter ending September 30, 2025. This compares to a net loss after tax of ₹1.28 crore recorded in the same quarter last year, according to a filing with BSE. The company’s net consolidated total income was ₹113.23 crore, down from ₹275.82 crore reported in the same quarter last year. As of September 30, 2025, the net worth stood at ₹3,797.24 crore, with a debt-equity ratio of 1.45, a current liability ratio of 0.69, total debts to…

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Panvel to Inspect Fire Safety in Buildings and Establishments

NAVI MUMBAI: The fire brigade unit of the Panvel City Municipal Corporation (PCMC) is taking proactive measures to ensure compliance with fire No Objection Certificates (NOC) among schools, hotels, hospitals, and buildings. Chief Fire Officer Pravin Bodkhe has requested the cooperation of these establishments following recent fire incidents in Kharghar and Kamothe. Fire brigade personnel will conduct on-site inspections using a standardized format. Two teams assigned to each node will complete this task across six areas—Panvel, New Panvel, Kamothe, Kalamboli, Rodpali, and Taloja—within the next six months. This initiative aims to update fire safety records for all establishments within the…

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Raymond Realty Q2 FY26 Income Reaches ₹706 Crore

NEW DELHI: Raymond Realty has reported a total income of ₹706 crore in Q2 FY26, marking a 20% year-on-year increase from ₹589 crore in Q2 FY25. The company’s EBITDA rose to ₹101 crore in Q2 FY26, compared to ₹95 crore in the same quarter last year, with an EBITDA margin of 14.3% in Q2 FY26, down from 16.2% in Q2 FY25. According to Harmohan Sahni, managing director, “We are on track with our strategic plan for the latter half of the year, expecting increased operational activity supported by a new pipeline of project launches.” The current potential revenue from its…

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YEIDA to Acquire 94 Acres for Apparel Park

Representative image NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) is set to acquire an additional 94 acres for the Apparel Park project located in Sector 29. Of the planned 175 acres, 81 acres have already been allocated, with construction in progress at various sites. This acquisition aims to attract more investors and enhance apparel manufacturing in the region, fostering industrial activity and job creation. Officials assert that the added land will address land-related challenges and provide ample space for shared infrastructure. “The procurement process for the remaining 94 acres has commenced. This will bolster the region’s apparel ecosystem and…

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Punjab Cabinet Approves Stilt-Plus-Four Floor Building Rules

CHANDIGARH: On Tuesday, the Punjab cabinet approved the Punjab Unified Building Rules, 2025, which will permit the construction of stilt-plus-four floors in newly developed urban sectors. This decision was made during a council of ministers meeting led by Chief Minister Bhagwant Mann. According to officials, those owning a plot of at least 250 square yards will be eligible to construct stilt-plus-four floors in urban areas. A representative from the Chief Minister’s office stated that the new rules aim to establish a comprehensive and standardized framework for building and development across the state. These regulations will apply uniformly to both the…

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Signature Global secures ₹8.75B through NCDs for housing projects

NEW DELHI: Signature Global (India) has successfully secured ₹8.75 billion through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lending arm. The NCDs received ‘A+’ stable ratings from Care Edge Ratings, marking the company’s first listed debt transaction. With a coupon rate of 11%, the NCDs have a tenure of three years, two months, and 30 days, maturing on January 15, 2029. The proceeds will be allocated for developing mid-income housing and environmentally sustainable projects, along with reducing existing debt. Pradeep Aggarwal, founder and chairman of Signature Global, expressed, “We are committed…

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390 Nagpur Mixed-Occupancy Buildings; 139 Unsafe After Audit

NAGPUR: The rise of mixed-use buildings has become one of Nagpur’s most pressing fire hazards, highlighted by recent incidents at Reliance Fresh Mart in Laxmi Nagar’s Aath Rasta Square and Mini Punjab Hotel in Dharampeth. These events underscore the serious risks faced by residents living above commercial businesses. The Nagpur Municipal Corporation (NMC) fire and emergency services has initiated a review following a citywide audit that found widespread safety violations. The audit assessed 390 mixed-occupancy buildings, revealing that 186 lacked fundamental fire safety features like alarms, extinguishers, hydrants, and emergency exits. Additionally, 139 structures were deemed unsafe for habitation, and…

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Della Group targets ₹700 crore revenue, ₹450 crore EBITDA by FY27

NEW DELHI: The Della Group expects its revenue to reach around ₹700 crore by FY27, supported by a transformative operational strategy and rapid expansion into its proprietary real estate model. This represents a substantial increase from the ₹200 crore revenue recorded in FY25, mainly derived from its resort operations in Lonavla. The company, led by founder and director Jimmy Mistry, is actively launching a new framework for integrated townships across India. Delivery is structured using a conceptualization, design, development, marketing, sales & operations (CDDMO) model, partnering with land-owning developers. “It’s an asset-light model that enables partners to unlock greater value…