Infrastructure should precede residential development and not the other way round.

01 Jul 2019 Editorial Team

Sriram Mahadevan, Managing Director, JoyvilleShapoorji Housing, shares more on the potential of affordable housing in India and the company’s focus going forward with SHRIYAL SETHUMADHAVAN.

How do you view the availability of funds for project execution?

For corporate developers, availability of funds has never been a challenge. The situation has not changed much, even during the current liquidity crunch witnessed overall in the financial market.

How do you view the construction opportunities in the sector for the next five years?

Demand for affordable housing has always been there; this lends itself to huge construction opportunities. The healthy pipeline of construction activities in the affordable segment will keep generating employment opportunities that, in turn, will fuel the GDP growth rate going forward. Thus, construction of affordable housing will surely contribute positively to the overall growth of the economy.

Any recommendations to give a further fillip to the sector?

Building affordable housing in far-flung areas with scanty connectivity and social infrastructure is not desirable as the target segment may not like to displace themselves and move to such a place. The solution is to fuel the infrastructure of metros connecting the far-flung areas through an efficient mass transport system, which would ensure that an increasing amount of landis made available in the market for development. Infrastructure should precede residential development and not the other way round. Approval timelines have remained a challenge for the real-estate sector. Single-window clearance with defined timelines will surely help the viability of the business and ensure more supplies are infused in the market.

How do you view growth in affordable housing in the coming five years?

Joyville is catering to the mid-income segment, which is important in the overall growth story for the next five years in India. We are present in four metros in India so far and would like to focus on getting into other job-creating metros like Bengaluruand Hyderabad, apart from expanding in Mumbai, Pune and Delhi (NCR).

Sriram Mahadevan, Managing Director, JoyvilleShapoorji Housing, shares more on the potential of affordable housing in India and the company’s focus going forward with SHRIYAL SETHUMADHAVAN.How do you view the availability of funds for project execution? For corporate developers, availability of funds has never been a challenge. The situation has not changed much, even during the current liquidity crunch witnessed overall in the financial market.How do you view the construction opportunities in the sector for the next five years?Demand for affordable housing has always been there; this lends itself to huge construction opportunities. The healthy pipeline of construction activities in the affordable segment will keep generating employment opportunities that, in turn, will fuel the GDP growth rate going forward. Thus, construction of affordable housing will surely contribute positively to the overall growth of the economy.Any recommendations to give a further fillip to the sector?Building affordable housing in far-flung areas with scanty connectivity and social infrastructure is not desirable as the target segment may not like to displace themselves and move to such a place. The solution is to fuel the infrastructure of metros connecting the far-flung areas through an efficient mass transport system, which would ensure that an increasing amount of landis made available in the market for development. Infrastructure should precede residential development and not the other way round. Approval timelines have remained a challenge for the real-estate sector. Single-window clearance with defined timelines will surely help the viability of the business and ensure more supplies are infused in the market.How do you view growth in affordable housing in the coming five years? Joyville is catering to the mid-income segment, which is important in the overall growth story for the next five years in India. We are present in four metros in India so far and would like to focus on getting into other job-creating metros like Bengaluruand Hyderabad, apart from expanding in Mumbai, Pune and Delhi (NCR).

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..