Real estate firm Alpha G:Corp Development Pvt Ltd plans to invest Rs 350-500 crore in the second phase of its mixed use development mega project 'AlphaOne' in Amritsar, which will include setting up of service apartments, a premium residential complex and expanded retail space.
Jotun Paints announced its range of Colour Trends 2011 this festive season. The Colour Trends 2011 is made up of four choices - 24 trendy colours; six colours per palette in each trend that can be achieved by using Jotun's Fenomastic range.
High-end machines for laying underground infrastructure are in demand, but local manufacturers are conspicuous by their absence. India has seen considerable advancement in the way underground infrastructure
India ranked fourth in developing Asia for FDI inflows as per the World Investment Report 2016 by the United Nations Conference for Trade and Development. That is endorsement at the highest levels – and real estate saw equity investment on a very visible return journey to India last year. Indian real estate has attracted US$ ~32 billion in private equity so far. The global capital flow into Indian real estate in 2016 stood at US$ ~5.7 billion.
A recent ICRA report on ‘Trends in Housing Credit’ reveals that the total housing credit growth has slowed to 16 per cent in 2016-17 from 19 per cent in 2015-16, with the overall housing credit standing at Rs 14.4 lakh crore as on March 31, 2017 ( Rs 12.4 lakh crore as on March 31, 2016).
India is expected to see strong growth in the green building sector with nearly 55 per cent of all projects likely pursuing green by 2021, according to the Dodge Data & Analytics World Green Building Trends 2018 SmartMarket Report, to which the US Green Building Council (USGBC) is a contributing partner.
Apex real estate body NAREDCO, along with Nova Exhibitions & Conferences, has introduced iDAC, an initiative in lines with our Prime Minister Narendra Modi’s vision of coining the year April 2019-March 2020 as the ‘year of construction technology’.