Latest-news

CRZ clearance cancellation for Mumbai Coastal Road to impact L&T, HCC order books

18 Jul 2019

The Bombay High Court recently cancelled the coastal regulation zone (CRZ) clearances granted to the ambitious Rs 140-billion Mumbai Coastal Road Project, reasoning that there was serious lacuna in the decision-making process and lack of proper scientific study. The decision is likely to impact the order book of large construction players such as Larsen & Toubro (L&T) and HCC, who are involved in the construction of the project.

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India to get over 65 million sq ft of new mall space by 2022-end

17 Jul 2019

It’s raining malls in India! Despite the onslaught of the e-commerce business across the country, malls are still serious business. According to Anarock's latest retail report ‘TCCx: Redefining the Future of Retail Malls’ released at the CII North Retail Conclave recently in Delhi, the sector is riding high on the phenomenal rise of consumerism and renewed interest by institutional investors.

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How long can India afford to ignore rainwater harvesting?

17 Jul 2019

India, which depends almost completely on the annual monsoons, currently faces the most severe water crisis in the annals of its known history. A recent report by NITI Aayog predicted that as many as 21 cities in the country will see the total depletion of their groundwater by as early as 2020.

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PE funds inject $1.1 billion into logistics and warehousing in two years

16 Jul 2019

Private equity (PE) funds altogether pumped nearly US$ 9.7 billion into Indian real estate between Q1 2017 and Q1 2019 – but into more sectors than the 'usual suspects' of commercial and residential projects. Logistics and warehousing is a bright new spot on the Indian real estate heatmap.

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Favourable response to the third TOT bundle critical for the success of TOT as a model

16 Jul 2019

Timely monetisation of mature road assets through the toll-operate-transfer (TOT) route will be a critical determining factor in plugging the shortfall in budgetary allocations and fetch requisite funding to support ambitious execution targets set for the Bharatmala programme

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RERA to make the market accountable, bring in financial discipline

15 Jul 2019

The implementation of the Real Estate Regulation Act (RERA) in the country has picked up pace, with 90 per cent of the state and Union Territories notifying the rules, according to a JLL analysis of the data provided by the Ministry of Housing and Urban Affairs, Government of India. O

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Beijing Airport will equipped with most developed devices and technologies

15 Jul 2019

Located in less than 50 km south from the capital of China, Beijing Daxing Airport will become world’s biggest airport along with being the most progressive and modern transportation centre.

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thyssenkrupp inks pact with Gainwell to strengthen its presence in Indian aggregates market

12 Jul 2019

thyssenkrupp Industries India has entered into an exclusive distribution agreement with Gainwell, a leading distributor for construction, mining and power solutions having a strong presence in the North, East and Northeast region of India.

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Stuck housing projects get a new lease of life

11 Jul 2019

More than 90 per cent consolidation in Indian real estate at project-level; only a few (such as Indiabulls) consider exiting realty business altogether. After DeMo wiped out fly-by-night and many small developers, liquidity crisis led Big Boys to take up stuck or delayed projects. Preferred consolidation models include JVs, alliance, development management contract, land monetisation.

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Spurt in demand for affordable housing pushes up overall residential sales

10 Jul 2019

Residential unit launches in H1 2019 increased by 21 per cent YoY to 0.11 mn units while sales grew by a steady 4 per cent YoY to 0.13 mn units. The residential market witnessed growth in supply as well as sales for the third consecutive half year period, both hitting their highest level since demonetisation during H2 2016

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Prefabricated and modular construction is a rising trend

10 Jul 2019

The furnishing industry hasn’t had a lot of evolutions except for changes in styles, which is a given. However, one trailblasing method that has taken this industry by storm is the use of prefabricated and modular construction. For those incognizant of this phenomenon, prefabricated construction is the production of components in factories that are then transported to the final location and are only assembled on site.

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Real Estate Budget Reactions

09 Jul 2019

A mixed bag of reactions by real estate sector on full Union Budget 2019-20

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