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The Govt to provide much-required support to the construction sector
ECONOMY & POLICY

The Govt to provide much-required support to the construction sector

Infrastructure is a key driver for the economy, responsible for the overall development and growth of the Indian construction industry. It broadly consists of two major segments: real estate and urban development. While the real-estate segment includes residential buildings, commercial and retail spaces, hotels and so on, the urban development segment pertains to infrastructure development of water supply, transportation, educational complexes, solid waste management, etc. As per a global survey, the construction industry in India is expected to grow steadily and the growth momentum is expected to continue to rise, thereby recording a compound annual growth rate (CAGR) of 11.7 per cent during 2021-2025. The survey further envisaged an output of $ 842,535.2 million by 2025.

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Infrastructure is a key driver for the economy, responsible for the overall development and growth of the Indian construction industry. It broadly consists of two major segments: real estate and urban development. While the real-estate segment includes residential buildings, commercial and retail spaces, hotels and so on, the urban development segment pertains to infrastructure development of water supply, transportation, educational complexes, solid waste management, etc. As per a global survey, the construction industry in India is expected to grow steadily and the growth momentum is expected to continue to rise, thereby recording a compound annual growth rate (CAGR) of 11.7 per cent during 2021-2025. The survey further envisaged an output of $ 842,535.2 million by 2025.Click here to read more…

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Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

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Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

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Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

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