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1. They bagged it!

Mass housing project RPP Infra Projects has won a mass housing project in the Republic of Gabon from the Ministry of Housing. The contract envisages construction of 10,000 houses over 36 month. Coke oven package NMDC has awarded a Rs 1,978 crore contract to Bhilai Engineering Corporation for the entire coke oven package meant for its upcoming 3 mtpa steel plant in Chhattisgarh.


2.Developers stay away from affordable housing

Developers are staying away from affordable housing projects owing to expensive land, high financing costs, and multiple approvals.


3.Godrej Properties to enter Noida market

Godrej Properties plans to enter the Noida real estate market and is in talks with a few potential partners for developing a housing project in the city.


4.Japanese company to build houses in India

Japanese company, Tama Home has announced the construction of 12-18 projects at an investment of Rs 6,000 crore in partnership with Singapore- headquartered Developer Group. The two companies will jointly build three housing projects.


5.Verdict 2010

Has the Budget for FY 2010-11 done enough for the construction, building material and infrastructure sectors? CW compares the expectations and reactions of the industry.


6.Bengal realty project cleared

Siddha Group and Eden Realty have cleared the decks for the two components of the Bonhooghly Tenement Housing project, being developed in partnership with the Bengal Government on 18 acre.


7.Ambience invests Rs.1,945 cr

Ambience Group will invest Rs 1,945 crore over the next four years on two housing projects in Gurgaon and Noida. The company will offer 1,030 apartments. In Noida, it will build 280 flats in the 3.5 acre project ┬┤Ambience Tiverton┬┤ at Rs 465 crore.


8.Godrej Properties launches residential project

Godrej Properties has recently announced a new project at Badlapur in Maharashtra. The company has entered into a development management agreement to develop the property into an affordable housing project, which will comprise 1.3 mn sq ft of saleable area.


9.RPP Infra sets foot in Lanka

RPP Infra Projects has launched a new venture in Srilanka - RPP Infra Projects (Lanka) - to execute a recently won housing project for internally displaced people (IPDs) in the country.


10.Booming Innovation

The new REL-Waitzinger 17 m Boom Placer ensures compactness, is fuel saving and offers great value for money.


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