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1.Houses sanctioned under PMAY(U) now over 93 lakh

48th CSMC sanctions 2.32 lakh houses with overall investment of Rs 73.22 bn


2.India ups rank from 52nd to 27th for construction permits: World Bank

Ease of Doing Business index jumps to 63 for 2018-19 from 77 in 2017-18


3.Lodha Group forays into affordable housing, launches Crown

Lodha Group has launched its affordable housing brand Crown. The group will invest Rs.25 bn to build homes between Rs.25-50 lakh in Mumbai (MMR)


4.India ups rank from 52nd to 27th for construction permits: World Bank

India is among the top 10 economies where business climates improved the most, as per the World Bank’s Doing Business 2020 report. The country saw its ranking in the World Bank’s ‘Ease of Doing Business’ index jump to 63 for 2018-19 from 77 in the previous year.


5.Sustainable economic stimuli is the need of the hour

Affordable housing, mining, railways have gained prominence and the all-time favourite roads and highways sector is waiting for wings (in terms of finance) to fly.


6.Our budgets may be strained but we need to build the project pipeline and clear the tax and legal hurdles so that FDI can flow in

What’s the situation in the construction industry today? Or let’s say any industry for that matter. There are cracks appearing everywhere. Even fissures at some spots.


7.Our budgets may be strained but we need to build the project pipeline and clear the tax and legal hurdles so that FDI can flow in

There are cracks appearing everywhere. Even fissures at some spots. The world economy is in dire straits. Even the US economy is showing signs of strain. Europe, China, Middle East have slowed down.


8.The kind of beautiful buildings coming up only show that art is no more limited to only drawing vertical and horizontal lines; it has gone much beyond that

This is the first time I am seeing so many stars in a single hall. With mostly architects, builders and city planners, I don’t think I will have such an opportunity to interact with so many talented people sitting here again in my career.


9.Elevating Value

New developments in the vertical mobility solutions market include elevators tailored for affordable as well as premium realty, and 24 x 7 service assurances.


10.Made in India

Otis India has a factory in Bengaluru as well as an R&D centre with mechanical and electrical test labs and a 51.2-m test tower with the ability to simultaneously test up to five elevators.