RBI’s 50 bps rate cut energises housing market across segments
The Reserve Bank of India’s decision to reduce the repo rate by 50 basis points to 5.50 per cent, along with a 100 basis point cut in the Cash Reserve Ratio (CRR) to 3 per cent, has drawn widespread acclaim from the real estate sector. Industry leaders view the move as a growth-enabling step to enhance affordability, liquidity, and homebuyer sentiment. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd, said, “This bold move by the apex bank comes at a crucial time when inflation is easing, and the economy requires strong stimulus to sustain growth… This larger r..
Trimble honours Greenbrook as Feature Company of the Month
Trimble has named Greenbrook Engineering its 'Feature Company of the Month' for May 2025, recognising the firm’s pioneering use of construction technology and sustained innovation in steel detailing and structural engineering. Headquartered in India with operations in the US, Greenbrook is among the earliest adopters of Tekla Structures and has grown into a 300-strong team across Bangalore, Chennai, and Nashik. The company delivers complex projects, backed by a robust in-house API team that develops custom tools to support automation and precision in fabrication. Notable deliveries..
Autodesk unveils BIM suite tailored for Indian infrastructure
Autodesk has launched a customised suite of Building Information Modelling (BIM) tools under the 'BIM Package for Viksit Bharat' initiative, aimed at accelerating India's infrastructure growth. Announced at the Autodesk Viksit Bharat Summit in New Delhi, the suite includes locally aligned versions of Autodesk Revit and Civil 3D. These integrate Indian standards, including the Delhi Schedule of Rates (DSR), Indian Road Congress (IRC), MoRTH, and Indian Railways codes, ensuring better design precision and regulatory compliance. Revit's updates will aid architects, engineers, and MEP pr..
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