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Latest Articles in Construction

House of Woes

The contraction of the construction industry in Q3 coupled with rising raw material cost and 'wait-n-watch' by potential homebuyers mars the sector’s revival narrative

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Established Residential Realtors' Topline To Grow 35% In FY22: Report

This jump in sales for the 11 listed players was attributed to affordability and a preference for larger homes, owing to a surge in remote working driven by the Covid-19 pandemic, as per the report

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Examine If RERA Rules Subserve Interest Of Home Buyers: SC To Centre

The Supreme Court directed the Centre to examine whether the rules framed by various states under RERA are in conformity and subserve the interest of home buyers.

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Godrej Properties Plans Rs 7,500-cr Investment In Next 12-18 Months

Recently, Godrej Properties Ltd reported that its consolidated net profit in December quarter nearly trebled to Rs 38.95 crore

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From Input Tax Rates To Roll-back Of GST, What Realty Sector Expects From Budget

The expectations from the government in GST reduction and input tax rates of construction raw material to 5 per cent from the current will definitely provide a much-required breather for the developers who would refrain from increasing property prices to sustain the rising input costs.

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Positive Sentiment Score In Real Estate Hit Record High In Dec Qtr: Report

The sentiment index score for India's real estate sector remained positive and touched an all-time high during October-December quarter

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Tata Realty To Invest Rs 5,000 Cr To Build IT Park Project In Navi Mumbai

Tata Realty and Infrastructure Ltd announced an investment of Rs 5,000 crore to develop a premium IT park project in Navi Mumbai as it expects demand for office and data centre spaces to rise

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What A Buyer Should Look For While Purchasing Affordable Homes

Consumers are investing in the luxury of more space. What remains unchanged however is the requirement for the said space to be affordable. Therefore, the homebuyer today has a view on ownership which more nuanced than previously. Affordable homes can no longer be those where the overall ticket size is small, as is the space and utility.

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NDMC Halts Construction And Demolition Activities At 54 Sites, Imposes Fine

The NDMC also imposed a fine of Rs 16 lakh on violators, according to guidelines of the green authorities, they said.

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ESG: A Sustainable Business Transformation Strategy

In the real estate value chain, it is pertinent for companies to integrate sustainable thinking across the life cycle from due diligence to final handover and customer use.

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SC Rejects Bail Plea Of Ex-Amrapali Director On Medical Grounds

The top court said that the prayer for bail on medical grounds has been pursued unsuccessfully since September 2020.

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Supertech Moves SC To Save Twin 40-Storey Towers From Being Razed In Entirety, Suggests Plan

Due to the proximity of Tower-17 (Ceyane) with the other residential towers, it cannot demolish the building by blowing through explosives and it would have to be done brick by brick, Supertech said.

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De-mystifying REIT: Real Estate Investment Trust

Real Estate Investment Trusts (REITs) are undoubtedly the safest investment options in the Indian market today. However, you may not see much of it in the residential real estate turf just as yet.

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Of 6.26 Lakh Heavily Delayed Homes, 1.74 Lakh units Valued INR 1,40,613 Cr Totally Stalled

Heavily delayed – and even worse, completely stalled - housing projects (launched in 2014 or before) continue to plague the Indian residential sector. While stalled or stuck projects have seen absolutely no construction activity, delayed projects have seen minimal progress.

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Large Listed Realty Player Record Good Q4 FY21: ICRA

Almost 85 msf of residential realty was sold across the top eight cities during Q4 FY2021 - amongst the highest quarterly sales levels reached since FY2017

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