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1.Jewar International Airport project garners interest from 20 companies

The Jewar International Airport development has reportedly, attracted around 20 companies that include both, national and international entities


2.Nirmala Sitharaman gives boost to housing sector with Rs 200 billion aid

Finance Minister Nirmala Sitharaman announced financial support of Rs 200 billion for about 0.35 million incomplete housing projects (non-NPA and non-NCLT) in the affordable and middle-income segment.


3.Code of Conduct: Homebuyers Find a Place in IBC

Together, the Insolvency and Bankruptcy Code and the Real-Estate Act 2016 will bring positive change to the interaction between home buyers and developers.


4.Real-estate developers receive aid from smaller NBFCs/HFCs

These companies have lent about Rs 40 billion in the six months after the NBFC crisis


5.GIC to invest Rs.44 bn in IRB Infrastructure’s nine road projects

ingapore’s sovereign wealth fund GIC will invest `44 bn in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers.


6.Funding crunch, rising construction costs may derail India’s roads sector

PMO and private sector not keen on large investments in building highways


7.Customised installations

Elevators are selected to match the features of a property. For instance, customers buying into luxury developments expect the fastest, safest technology.


8.Power discoms owe dues worth Rs 68 billion to renewable energy developers

Central Electricity Authority (CEA) stated that power distribution firms throughout the country owed dues amounting to approximately Rs 68.72 billion to renewable energy developers


9.Mahindra Lifespace looks to scale up affordable housing biz

The Mahindra Group’s real estate arm, which operates its low-cost housing business under the Happinest brand, is building three affordable housing projects in Mumbai and Chennai.


10.Apart from roads, we have identified the water sector as one of the great opportunities

Part of the Welspun Group, Welspun Enterprises (WEL) was formed in its current form in 2015. WEL is unique as it focuses primarily on road HAM projects.