The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
Tag: Construction
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JICA to fund projects worth Rs 34.20 billion
By constructing the Chennai Peripheral Ring Road (Section 1) and installing Intelligent Transport Systems the city authority aims to meet increasing traffic demands in the cityÂ’s metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.
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HG Infra bags Rs 5.65 billion NHAI road project in Haryana
HG Infra Engineering has bagged a new hybrid annuity mode project "Rewari- Ateli Mandi section of NH-11 valued at Net Present Value (NPV) of Rs 5.64 billion by the National Highways Authority of India in the state of Haryana.
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AIIB aided safe drinking water projects improves sanitation in AP
About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a $400 million loan by the Asian Infrastructure Investment BankÂ’s (AIIB) Board of Directors.
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CM lays foundation for work worth Rs 1.37 billion at Barsoor
Rs 1.37 billion worth of construction work was sanctioned by Raman Singh, Chief Minister, Chhattisgarh at Barsoor, Dantewada district.
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Imagining Construction’s Digital Future
New methods of sharing project responsibility between the owners and contractors looks set to accelerate the ongoing digital journey to combat late delivery, budget excesses and poor visibility into performance.
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Importance of Mega Projects
In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.
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Power transmission in India is the most attractive sector to invest in
Neeraj Nanda, President-South Asia (T&D, Solar), KEC International speaks to INFRASTRUCTURE TODAY in length about the potentials in India's transmission sector. He also advices DISCOMs to enhance their willingness and preparedness to adopt and drive renewable energy.
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India would require a few hundred kilometres of tunneling every year
Today, images and news of under construction infrastructure projects compete for popularity with politics, cinema and cricket in the popular discourse.
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Is IndiaÂ’s Rs 5.7 trillion infrastructure investment at risk?
The construction core is being subject to a mockery through the use of inferior quality TMT rebars. Construction World investigates with analysis from FIRST Construction CouncilÂ…