Noida Authority Opens Building Audits
Real Estate

Noida Authority Opens Building Audits

In a groundbreaking move, the Noida Authority has announced its decision to allow private firms to conduct building audits in the region. This significant development aims to streamline and enhance the efficiency of building assessments, marking a departure from the traditional approach. The decision is expected to bring in expert perspectives and innovative methodologies to ensure the structural integrity and safety of buildings.

The Noida Authority's decision to involve private firms in building audits is seen as a strategic step towards promoting transparency and accountability in the construction sector. The move is anticipated to foster healthy competition among auditing entities, leading to higher standards and improved practices in building inspections.

In a groundbreaking move, the Noida Authority has announced its decision to allow private firms to conduct building audits in the region. This significant development aims to streamline and enhance the efficiency of building assessments, marking a departure from the traditional approach. The decision is expected to bring in expert perspectives and innovative methodologies to ensure the structural integrity and safety of buildings. The Noida Authority's decision to involve private firms in building audits is seen as a strategic step towards promoting transparency and accountability in the construction sector. The move is anticipated to foster healthy competition among auditing entities, leading to higher standards and improved practices in building inspections.

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Building Material

SAIL Chairman Calls for Steel Tariffs

The Chairman of Steel Authority of India Limited (SAIL) has called for the imposition of tariffs on steel imports, citing the need to protect the domestic steel industry from rising competition and price pressures. This recommendation comes amid growing concerns over the impact of cheaper imported steel, particularly from China, which is affecting the profitability and stability of Indian steel producers. The chairman highlighted that the influx of foreign steel has created market imbalances, making it difficult for local manufacturers to compete on both price and volume. India’s steel indus..

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Real Estate

314 Housing Projects Face Insolvency

A concerning report reveals that 314 housing projects in Maharashtra are currently facing insolvency, leaving homebuyers in a precarious situation. The projects, many of which are located in Mumbai and its surrounding areas, have been stalled due to financial distress, raising serious concerns about the stability of the state’s real estate sector. These developments have impacted thousands of homebuyers who have invested in under-construction properties, now facing uncertainty about the completion and delivery of their homes. The insolvency issue has prompted calls for stronger government in..

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Infrastructure Transport

Etihad Rail, RITES Partner for Expansion

Etihad Rail, the UAE’s national railway network developer, has entered into a strategic partnership with India’s RITES Ltd., a leading transport consultancy and engineering company, to bolster the expansion of the UAE rail network. The partnership aims to support the ongoing development of the Etihad Rail network, which plays a crucial role in enhancing connectivity and logistics across the UAE and the wider Gulf Cooperation Council (GCC) region. This collaboration between Etihad Rail and RITES will focus on leveraging India’s expertise in railway engineering and infrastructure developme..

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