'Demonetisation de-grew the industry by 40 per cent in November, 15 per cent in December and 3 per cent in January,' says Anup Bhargava, Product Group Head-Air-Conditioners, Godrej Industries. 'February was more or less flat.

Granting 'infrastructure' status to affordable housing has made the segment more acceptable to developers, boosting construction activity across the country,' says Sailaj Verma, Senior Vice President, KYB-Conmat.

The Delhi Mumbai Industrial Corridor (DMIC) is among the major infrastructure projects in India. Planning is complete for eight zones - there have been huge regional plans, with the smallest being at 84 sq km and the largest at 920 sq km, bigger than Singapore!

Real estate had been witnessing a slowdown for the past three years, and the slowdown induced by demonetisation halted many deals. According to experts, about 15-30 per cent of transaction value in various markets used to be in black money. Today, there is a general anticipation of the removal of 20-30 per cent of cash dealings from the transaction process.

Experts believe that the Goods and Services Tax (GST), which is relied upon to take off the country on July 1, will bring an impressive measure of straightforwardness and responsibility into the sector and limit questionable transactions.

CASE Construction Equipment, a brand of CNH Industrial, celebrated a ground-breaking achievement recently with the delivery of its 10,000th vibratory compactor for the Indian market, the only company to have achieved this milestone in India.

Ashish Kumar Singh, Principal Secretary, Public Works Department (PWD), Government of Maharashtra, speaking at the Confederation of Indian Industry (CII) Conference on Infrastructure Project Management, in association with CBRE, highlighted the challenges faced by the government in executing infrastructure projects particularly the need for a pool of contractors who are supported by a team of skilled personnel who can deliver world class projects.

Housing.com, part of Elara Technologies, which also owns PropTiger.com and Makaan.com, has launched ‘Housing Partner’– a unified platform for real estate developers and partners to manage their business. The latest technology-powered product from Housing.com is aligned with its objective of becoming a preferred digital platform for all stakeholders within the real estate ecosystem.

A greater part of the country's developers appear to be on a ‘Mission Project Completion’ nowadays, possibly it is an impact of RERA.