Realty firm Signature Global, which is into development of affordable homes, will invest Rs 500 crore to develop two housing projects in Gurgaon as the company expects better demand after the government announced an interest subsidy under the Pradhan Mantri Awaas Yojna.
Category: ECONOMY & POLICY
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Haryana govt formulates industrial infra development scheme
The Haryana government has formulated an Industrial Infrastructure Development Scheme aimed at promoting uniform regional and sustainable growth across the state, including in backward areas.
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Setu revamp in 42 months, Centre tells Patna HC
The Centre has informed the Patna High Court that the dilapidated Mahatma Gandhi Setu will be totally revamped within 42 months and a new four-lane bridge, parallel to it, will be put in place in due time.
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Office leasing hits all-time high at 43 mn sq ft in 2016 | CBRE
Office space leasing rose by 9 per cent last year to touch record 43 million sq ft on robust demand from corporates looking to expand their operations, according to property consultant CBRE.
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Housing market sales down 44percent in Oct-Dec 2016
The housing market came to a “complete standstill” during October-December 2016 on the adverse impact of demonetisation, as sales fell by 44 per cent in the eight top cities, the lowest figure reported since 2010.
This resulted in a Rs 22,600 crore revenue loss to the builders, according to Knight Frank.
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Smoothening the cement deliveries
The cement industry in India is driven by the immense growth in housing and commercial sectors, infrastructure development, and construction of the transportation ecosystem.
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Sustainability, the Next Stage?
In the mid-2000s, Walmart was in for a shock when it was informed that its maximum carbon emissions were not from its supply trucks, but refrigerators placed inside stores. Storage of ice cream and other frozen foods in open shelves was resulting in higher energy consumption as they were required to be cooled at higher temperatures.
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The economy is slowing down
There has been little clarity on the subject. The rates of commercial realty are coming down as a direct consequence. However, while the direct buying/selling market has witnessed sharp corrections, the rental office space business has witnessed no change.
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Vibrant Gujarat will benefit the entire country
There are many sectors on which we are focusing on like automobiles, petrochemicals, textiles, etc., then now we have this new area, defence, because the government has opened up this sector.
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Ramboll India announces diversification of services in buildings market
Ramboll has announced the appointment of Sundar Chandramouli as the Director to lead its Buildings business in India. Based in the company´s Mumbai office, Chandramouli´s responsibility will include spearheading the future growth avenues for Ramboll´s Buildings market in India.