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Construction & Infrastructure News

Treatment of home buyers as financial creditors could impact real estate sector asymmetrically

June 2018

India Ratings and Research (Ind-Ra) believes the cabinet ordinance to treat home buyers as financial creditors rather than operational creditors unde...

India Ratings and Research, IBC, LGD, Construction, Homebuyers, Real estate

Amendments to IBC give homebuyers primacy with banks; gives status of secured financial creditors to home buyers

June 2018

In a welcome news for homebuyers, the Union Cabinet has reportedly approved amendments to the Insolvency and Bankruptcy Code (IBC) 2016, allowing hom...

Homebuyers, Union Cabinet, IBC, Ramesh Nair, JLL India

Future Switches

June 2018

ABB has launched the IVIE modular light switch range to help turn houses into smart homes. This range of wiring accessories incorporate wired and wir...

ABB, Smart homes, Wiring accessories, Wireless building automation systems

Enhanced Building Technology

June 2018

Honeywell has announced its latest smart building technology, Command and Control Suite release 200 (CCS R200), which connects building personnel wit...

Honeywell, Control Suite, Smart building technology, Automation, Mobile electronics, Consumer home, Enhanced Building Technology

ATS' HomeKraft launches Happy Trails, to invest Rs. 5 bn in first project

June 2018

HomeKraft, an ATS Group company, has launched its first project in Greater Noida West, Uttar Pradesh. The company plans to invest Rs 5 bn to develop ...

HomeKraft, ATS Group, Happy Trails

Haware Intelligentia brings automated homes to Mumbai

June 2018

Haware Properties has unveiled what it claims to be India's first intelligent automated homes - Haware Intelligentia....

Haware Properties, Haware Intelligentia, Automated homes, Smart homes, Amazon Echo, Apple Home

How RERA is revolutionising Indian real estate

May 2018

The Indian real estate industry, particularly the residential sector, was in the past correctly characterised as being unregulated and unorganised wi...

RERA, Construction, Homebuyers, Central Government, Central Government, Anarock Property Consultants

74 per cent homebuyers unaware of how to check RERA status of project

May 2018

RERA falls short of connecting with consumers, 15 states yet to set-up websites for registration of projects by developers....

RERA, Magicbricks, Magicbricks Consumer Choice Poll, E Jayashree Kurup, Homebuyers, MahaRERA, Construction
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