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1.Lafarge to set up R&D facility in India

French cement major, Lafarge, is mulling over to set up a R&D facility in India for developing solutions and products to suit the growing demand of 'green' infrastructure and affordable housing.


2.Government seeks ideas for affordable housing

Government seeks ´out of the box´ ideas for the real estate sector with affordable housing projects being its main focus. It will consider recommendations for pension funds and insurance in the sector and aims at providing housing for all by 2022.


3.Painting progress

´Cautiously optimistic´ is the best way to describe the outlook for the paints and coatings sector for the near term while the overall, long-term outlook is positive. Globally, the paint industry is equally made up of decorative products and industrial coatings.


4.New code of conduct from MCHI

A code of conduct for developers and a grievance redressal mechanism are high on the agenda for the newly elected managing committee of MCHI (Maharashtra Chamber of Housing Industry).The new committee would ensure that an aggrieved customer comes to MCHI before knocking the doors of courts.For this, a grievance redressal system would be put into practice.


5.India's Top Builders: Hiranandani Constructions

It has changed the face of suburbia, forever. A pioneer of integrated townships in India, the Hiranandani Group, under the stewardship of Managing Director Niranjan Hiranandani has also marked its presence in education, healthcare, hospitality, entertainment, retail and BPOs.


6.CII urges HP to upgrade state infrastructure

The Confederation of Indian Industry (CII) has urged the state government to im-prove the infrastructure in the state on a priority basis in order to prevent the industry from exiting the state. The central ex-cise package has already expired in the hill state.


7.Demand and supply will dictate prices

Paras Gundecha is no stranger to hard work and challenges. After all, this is a man who toiled tirelessly from the age of 21 and created an empire: the Gundecha Group. And now, he is more than primed for his next challenge in his capacity as the President of the Maharashtra Chamber of Housing Industry (MCHI)


8.Jaycee Homes bets on affordable housing

In its maiden affordable housing project, Jaycee Homes has decided to develop around 2 mn sq ft of land holdings in Mumbai over the next four years.


9.Affordable homes in short supply

A research report from PropEquity Analytics finds that the reluctance of developers to launch affordable housing projects has led to a shortage of affordable homes in metro cities.


10.M&M to foray into affordable housing segment

Mahindra & Mahindra plans to foray into the affordable housing segment across many cities in the country. The company is targeting the construction of houses up to Rs 10 lakh in larger cities and between Rs 5 lakh and 7 lakh for Tier-II and III cities.