Construction

FY20 Construction Outlook: Risks Emerging in Roads – RealtyMyths

India Ratings and Research (Ind-Ra) has maintained a stable outlook for the construction sector for FY20, in view of continued revenue growth, albeit at a slower pace than that in last two years, and a stable EBITDA margin. The revenue growth of sector participants in FY20 would be driven by a strong...Read More

Building materials industry to grow by 10% in 2019 backed by massive infrastructure developments

The building material industry is the second largest employer in the country after agriculture, providing a significant contribution to the nation’s economy and employing a large number of people. Currently, it is valued at approximately $126 billion and is accounting for around 8% of India’s GDP. In...Read More

Kondapur – Another Hyderabad Housing Hub Goes Premium

Prashant Thakur, Head – Research, ANAROCK Property Consultants Located in western Hyderabad, Kondapur has emerged as a major residential hotspot in the city over the last few years. Once a remote locality, the micro market is currently abuzz with residential activity across property types and budget ...Read More

Essar completes Rs 8,000-crore capex cycle for 2×600 MW

Mahan power project; commissions second unit Completes railway siding to receive both domestic coal from pithead mines, as well as imported coal Mahan plant operating at full load with end-to-end coal sourcing, generation and evacuation infrastructure in place Essar Power today announced the completi...Read More

Technology Disrupting the Construction Sector

Anuj Puri, Chairman – ANAROCK Property Consultants Technology has disrupted almost every facet of the real estate business today. However, the creation of the core product is and will remain the most important aspect of this business, and advanced technologies are certainly playing a major role...Read More

Winning Architects, Builders & Interior Designers Hail from 13 Cities at the 13th CW Architect & Builder Awards!

850 Nominations were received from over 56 cities across National, Regional and Noteworthy Projects Categories The FIRST Construction Council has announced the winners of the Construction World Architect and Builder (CWAB) Awards 2018. The Award ceremony was graced by the presence of Mr. Sanjay Seth,...Read More

Winning Architects, Builders & Interior Designers Hail from 13 Cities at the 13th CW Architect & Builder Awards!

850 Nominations were received from over 56 cities across National, Regional and Noteworthy Projects Categories  The FIRST Construction Council has announced the winners of the Construction World Architect and Builder (CWAB) Awards 2018. The Award ceremony was graced by the presence of Mr. Sanjay Seth...Read More

All the construction at Kant Enclave must be demolished: Supreme Court

In the long pending case of Kant Enclave, the Supreme Court, today held that land on which the proposed colony is located is a forest land. The court then ordered that all the construction in the region carried out after August 18, 1992 must be demolished before December 31st, 2018. A Bench of Justic...Read More

Shrem Group got CCI nod to acquire the stake in 23 Subsidiaries of Dilip Buildcon Limited.

Singh & Associates, Founder Manoj K. Singh, successfully represented Shrem Group (Chattawal Trust) before Competition Commission of India (CCI) to seek approval of the Board to acquire the stake in 23 subsidiaries of Dilip Buildcon Limited. Dilip Buildcon Limited is a Listed infrastructure-based ...Read More

Supertech Commences Delivery of Nova Residences in Tallest Towers of North India

Supertech, India’s leading real estate player today announced that it has commenced delivery of Nova Residences in their landmark project “Supernova” located at Sector 94, Noida. In the first phase, the Company has completed “Nova East” and “Nova West” Towers. Committed to ensuring timely completion ...Read More

NBCC gets Rs. 250 crore order from SAIL

Navratna public sector undertaking NBCC (India) Limited has bagged an order from Steel Authority of India Limited (SAIL) worth Rs 250 crore for the construction of Ispat Post-Graduate Medical Institute and Super-Speciality Hospital at Rourkela Steel Plant, Rourkela. The proposed hospital will have 15...Read More

India and the issue of unplanned development

There is no doubt that the current status of India’s urban infrastructure is not in great shape. Every now and then we hear about log traffic jams, overflowing sewers, garbage spill over, flyovers falling down, roads caving in and many more such incidences happening in and around our ‘wor...Read More

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