Ambuja Neotia purchases a 10-acre plot in West Bengal

Meet the Champions!

The 18th edition of the CONSTRUCTION WORLD Architect and Builder Awards in Mumbai, was a joyous celebration of triumph, energy, strength, and enthusiasm.

Seventeen remarkable years led to this moment, undeterred even by the challenges posed by the pandemic. As the calendar turned to August, the CW team, yet again, stood poised to deliver to this industry its long-awaited and richly deserved celebration. With unwavering determination, the industry convened once again to bestow recognition upon the paragons of industry excellenc..

Next Generation of Gensets!

CW engaged in conversations with several real estate developers to ascertain their favoured technologies for both construction sites and completed buildings. Additionally, it delved into the value additions that these developers would like to witness in the industry.

To re..

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Types of HVAC systems developers prefer for different applications

First things first: What do developers look for in an HVAC system?

Air-conditioning accounts for the biggest portion of energy consumed by a building – 55-65 per cent, reckons Bishnu Swaroop, President - Technical, Ambuja Neotia. Thus, he identifies energy-efficiency or lifetime cost as the most important criterion when choosing a system, followed by ease of maintenance, capex (as this defines the payback period), ease of installation, cooling capacity and interior design needs.

“Our HVAC system designs depend on the end utilisation of the building (whether re..

LIC Housing Finance net profit dips 9.14% in Q4 of FY24; Rs 10.8206 bn

LIC Housing Finance disclosed a 9.14 % decline in its net consolidated profit for the quarter ending March 31, 2024. Its profit after tax reached Rs 10.8206 billion in Q4 FY24, down from Rs 11.9088 billion in the corresponding period of the previous fiscal, as per the company's filing with BSE. The net consolidated total income for Q4 FY24 amounted to Rs 69.4861 billion, marking an 8.04% increase from Rs 64.3123 billion in the same quarter last year.

Tribhuwan Adhikari, MD & CEO said, "Our focus on reduction in NPA and control over cost of funds have enabled us to close the year with a..

Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR

Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.

The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant u..