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Latest Articles in Construction

The Unexplored Humanitarian Sector Of Logistics

Whenever we talk about logistics, people always have this thought in their mind that logistics is for the commercial purposes, how it can help the mankind.

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Housing Credit Growth Slows To 16% In FY17: Icra

Total housing credit growth moderated to 16 per cent in the financial year 2016-17 due to lack of new project launches and as investors deferred their home purchase decisions, according to rating agency Icra

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Sikka Group Raises Rs 230 Crore To Complete 3 Housing Projects

With demand slowdown in the property market, cash-starved real estate developers in the Delhi-NCR are raising fund from banks and private equity players to complete their projects and handover housing units to customers.

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Supertech To Invest Rs 750 Crore On Commercial Projects

Almost 400 national and international brands will have their retail presence in projects like Supernova, North Eye, and E-Square in Delhi-NCR.

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Government Infra Spend To Increase Cement Demand: Crisil

Last fiscal was a landmark year that saw the sector signing Rs 32,000 crore of acquisitions, which was termed as the biggest consolidation the segment has seen in a year, and was financed through a Rs 25,000 crore debt.

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Over 20 Lakh Houses For Urban Poor Under PM Awas Yojna: M Venkaiah Naidu

The scale of housing activity has picked up in the three years of the Narendra Modi government, the minister said while participating in a foundation laying ceremony for 1,09,000 houses under the Yojna in Andhra Pradesh's Vijaywada town.

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NHAI Releases Rs 9.8 bn Under Arbitration Scheme, Road Developers Face Hurdles in Providing Guarantees: Ind-Ra

Due to the financial difficulties faced by many developers in the sector, Ind-Ra believes that banks are wary of taking exposure in the form of bank guarantees, without adequate margins/collateral

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Assam CM Orders Probe Onto Rs 139 Crore Scam

The Chief Minister reviewed the functioning of the welfare board and ordered a probe to unearth an alleged scam. The investigation will be carried out by the vigilance cell of the CM.

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Govt Urges States To Refrain From Diluting RERA Norms

Having enforced for over 20 days, RERA is far from resolving the ground situation from consumer’s point of view

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Game Changer Act: States Yet To Act

It is tough to determine if the RERA will really help homebuyers considering only a handful of states have adopted it

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Delayed Notification, Non-uniformity Of Rules Could Dilute Effective Implementation Of RERaD Act

The basic objective of the RERaD Act is to protect the interest of consumers through a regulatory regime that improves the transparency level and accountability of real estate developers

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SBI And DLF Sign MoU To Ensure Top Class Services For Homebuyers

Undertakes a three-year memorandum of understanding for preferred treatment and ease of convenient transactions for their customers

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