Awards bagged

01 Nov 2016 CW Team

In its continuous recognition for its commitment to green, K Raheja Corp has been bestowed with the Indian Building Congress (IBC) Award for Excellence in Built Environment (2014-15) in key categories at the 21st Annual Convention of IBC held in New Delhi.
GVK Mumbai International Airport´s Multi Level Car Park at Terminal 1B has been awarded the ICI Dr Ramakrishna Award 2016 for the Best Project with Pre-cast Concrete in India.
Essel Infraprojects has been felicatated with the Michael Porter-IFC Strategy Award in the Utilities´ category for the strategic role it has played in shaping the industry.
Kolte Patil Developers has been ranked as the No. 1 Most Reputed Real Estate Brand in Pune in a report by Blue Bytes in association with TRA Research, as it has completed over 13 million sq ft of landmark developments in Pune and Bengaluru, making it the largest developer in Pune.
Kirloskar Ebara Pumps has won gold and silver trophies at the 31st Chapter Convention CCQC-2016, organised by Quality Circle Forum of India.

Mahindra Lifespace Developers has been recognised as one of the 100 most sustainable corporations across Asia in the 2016 edition of the Channel NewsAsia Sustainability Ranking; ranked at No. 28 on this year´s list, up 28 places from last year.

The businesses and innovators behind some of Asia Pacific´s most iconic green buildings have been announced at the World Green Building Council´s Asia Pacific Leadership in Green Building Awards for 2016; Delhi Metro Rail Corporation has been awarded under the ´Business Leadership in Sustainability´ category.

JLL has been awarded the Golden Peacock Global Award for Sustainability, which recognises companies´ commitment to a more sustainable world across a number of criteria including corporate governance, economic, environmental and social performance, by India´s Corporate Institute of Directors.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..