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Construction & Infrastructure News

Housing and Urban Affairs Minister seeks review of FSI and FAR norms in mega cities

September 2017

Minister of Housing and Urban Affairs Hardeep Singh Puri recently directed a review of Floor Space Index (FSI) and Floor Area Ratio (FAR) norms in me...

Housing, Urban Affairs, Hardeep Singh Puri, FSI, NITI Ayog, Metro Rail Corporations, National Dissemination Workshop, PIB

16 million sq ft more of Grade-A office supply in Mumbai through 2018

September 2017

Mumbai is among the top-five cities globally that will see the maximum addition to its office footprint in the next 18 months, according to a recent ...

JLL report, Construction, Mexico City, Beijing, Development Plan 2034, FSI, Ashutosh Limaye

Navi Mumbai – 8 per cent hike in office rentals over past one year

September 2017

While the gross average rental of Mumbai rose by only 0.5 per cent (YoY) in 2Q17, the increase in office rentals was highest in Navi Mumbai – at more...

CBD, BKC, satellite city, BFSI-backend corridor, Karan Singh Sodi, JLL India

Here’s how Mumbai’s crumbling neighbourhood is trapped in a vicious web!

September 2017

Mumbai’s dilapidated neighbourhoods are a mosaic of emotions. There is fear of death, hope for a better tomorrow, pent up anger stemming from decades...

Bhendi Bazaar, Real estate, Rent Control Act, Eco-system, FSI, SBUT, PAP, Knight Frank India

Infrastructure Equipment Skill Council elects Schwing Stetter India’s Anand Sundaresan as Chairman

September 2017

The Infrastructure Equipment Skill Council (IESC), promoted by the Indian Construction Equipment Manufacturers Association (ICEMA), subsidised by the...

IESC, ICEMA, NSDC, Anand Sundaresan, Schwing Stetter India, EFSI

Affordable housing set to grow at a faster pace than rest of the real estate sector

August 2017

If we talk about affordable houses, it typically denotes the housing needs of the lower or middle income population. The Government of India has take...

Government of India, Awas Yojana, Vineet Relia, SARE Homes, Affordable housing, FSI, RERA, GST, DMIC, Indira Gandhi International Airport

Did you know? The current housing deficit in India stands at 19 million units

August 2017

If we talk about affordable houses, it typically denotes the housing needs of the lower or middle income population. The government has taken a numbe...

Affordable houses, Infrastructure, FSI, Omaxe, SARE Homes, BDI, DMIC, Indira Gandhi International Airport, GST, Ssumit Berry, ICRA report, Awas Yojana

Navi Mumbai ramps up as captive offices hub

August 2017

Navi Mumbai continues to have the most affordable average rent among all micro-markets of Mumbai. The well-planned city also has a growing footprint ...

Navi Mumbai, BPO, offshore resources, Mumbai Metropolitan Region, BFSI sector, Axis Bank, IDFC, Accenture, L&T Infotech, Capgemini (iGate), Cognizant, Syntel, JLL India
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