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Construction & Infrastructure News

GMR’s airport SEZ plea turned down

February 2017

A proposal by the GMR Group for converting an aviation SEZ into a multi-product SEZ has been rejected by the Expert Appraisal Committee (EAC) under t...

GMR Group, Aviation, SEZ, Union Ministry of Environment, Forests and Climate Change, GMR Aerospace, Industrial Park

Italian CE market up in 2016

February 2017

According to Unacea, the Italian construction machinery association, 10,984 machines have been sold in the Italian market in 2016, 26 per cent more c...

Construction Equipment, Unacea, Paolo Venturi, Samoter, Earthmoving, Building machinery exhibition

Re-financing is a major step that will increase availability of funds and competition will keep rates reasonable in the market

February 2017

It is a welcome Budget for the real estate sector. The government’s proposal towards reducing Capital Gain Tax to two year shall facilitate in invest...

Budget, Jitendra Mehta, Kanakia Spaces, Union Budget 2017-18, Capital Gain Tax, Affordable housing

HIGH HOPES ON HOUSING

February 2017

Talk about an action-packed year! With RERA, GST, the Benami Act, FDI reforms, and more, there was never a dull moment in 2016. Adding to it all was ...

RERA, GST, Benami Act, FDI, Rohit Gera, Gera Developments, Sharad Mittal, Motilal Oswal Real Estate Fund, Sunil Sharma, Mahindra Lifespace Developers, RERA, REIT, Pradeep Aggarwal, Signature Global, CN Raghavendran

Airbus France to set up aerospace cluster at Dholera

January 2017

Airbus France has signed a memorandum of understanding (MoU) with Gujarat government's Dholera Industrial City Development Ltd (DICDL) for setting up...

DICDL, MoU, Aerospace, Defence cluster, Dholera special investment, Vibrant Gujarat Global Summit, Airbus France, MoU, Industries, Mines, PK Taneja, Aerospace, Defence Cluster

Mahindra Lifespace to develop Rs 3,000 crore industrial park in Gujarat

January 2017

Mahindra group’s realty firm Mahindra Lifespace Developers has announced its foray in Gujarat and will develop a 350-acre industrial park near Ahmeda...

Mahindra group, Mahindra Lifespace Developer, Industrial park, Gujarat Industrial Policy 2015

Eng Cranes joins UNACEA

January 2017

The Italian construction equipment association continues to expand its membership in the branch of tower cranes. Eng Cranes Srl is the new Unacea mem...

Tower Cranes, UNACEA, Italian Construction Equipment Association, Emilia-Romagna, Eng Cranes Srl

Banks must pass on rate cuts to revive real estate growth

January 2017

The Modi government’s demonetisation exercise will hit the real estate sector hard- in short lived – as it has consistently seen a very large compone...

Real estate growth, Black money, Cash transactions, Anuj Puri, JLL India, M3M Group, EMI, Mahindra Lifespaces, Tata housing, Shapoorji Pallonji Group, Assetz property Group, Puravankara Projects, investment Atul Bansal, Nisus Finance Services, Bank Eagle Capital
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