IndustryLatest Stories

Manufacturing Demand Spurs Development of Industrial Townships

Property developers are increasingly focusing on integrated industrial townships to leverage the government’s goal of boosting manufacturing’s share to 25% of GDP by 2035. Experts suggest this shift will enhance demand for industrial plots as a viable investment option. Major developers like M3M, Signature Global, Reliance, and LML Realty are actively creating industrial townships in the NCR. In the southern region, Brigade Group has launched Brigade Industrial Park, a 25-acre project in Devanahalli, North Bengaluru, as part of its expansion into industrial real estate. “Much of the activity is concentrated in a few locations where infrastructure, connectivity, and execution align…

IndustryLatest Stories

LML Realty to Invest ₹150 Crore in Haryana Industrial Park

Representative image created by AI NEW DELHI: LML Realty, the real estate division of the LML brand, is set to invest ₹150 crore to launch its inaugural industrial park project in Firozpur Jhirka, Haryana. The initiative has received approval under the state government’s Promoting Access and Development of MSME Advancement (PADMA) scheme. Covering 35 acres, the LML industrial park will feature ready-to-use plug-and-play units, an exhibition and display center, as well as on-site R&D and testing facilities. The PADMA Scheme provides a comprehensive package of incentives for MSMEs establishing operations in the park. This includes benefits of up to ₹2…