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Construction & Infrastructure News

Cement demand up but profitability pressures continue

April 2018

Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% i...

Higher petcoke, Coal, Diesel, Sabyasachi Majumdar, ICRA, MSP, PMAY

PMAY-U: A Boost For Urban Housing

March 2018

According to economic survey 2015v16, the decade to 2011 saw inter-state migration of 60 million people and inter-district migration of around 80 mil...

economic survey 2015-16, EWS, PMAY-U, FSI, MHUPA, Housing for All 2022, PPP, Affordable housing, RERA, Binaifer Jehani, CRISIL Research

Dumping ground matter: Construction ban in Mumbai lifted

March 2018

The Supreme Court has provided a huge relief to the real estate industry of Mumbai, by allowing the new construction in the city of Mumbai, against a...

Supreme Court, Construction, CREDAI-MCHI, Mayur Shah, MCGM, Ulwe Node, Vahal Node, JNPT SEZ, Pushpak Node, Construction, Demolition, Real-estate industry

Pimpri Chinchwad to have about 60,000 affordable houses by 2022

March 2018

Around 60,000 affordable houses based on public-private-partnership (PPP) basis will be built in all eight zones of the Pimpri Chinchwad Municipal C...

Affordable houses, Pimpri Chinchwad Municipal Corporation, MHADA, DPR, PCMC, PMAY, PPP, Construction

Highways to Life – Housing on Mumbai’s Western Express Highway

March 2018

The lifeline of Mumbai has always been the suburban train network with local trains supporting more than 7.5 million commuters daily. However, due to...

Suburban train network, Western Express Highway, Metro Line, SRA projects, Oberoi Sky City, robust social infrastructure, SEEPZ, MIDC, Ashutosh Limaye

IFC to invest Rs 324 crore in Altico Capital for affordable housing projects

February 2018

The International Finance Corporation (IFC) has plans of providing a debt financing of around Rs 324 crore to non-banking financial company Altico Ca...

International Finance Corporation, Altico Capital India, PMAY, Housing for All, L&T Finance Holdings, Ashiana Housing, Aspire Home Finance, Micro Housing Finance, Aptus Value Housing Finance

Housing for All and PMAY to get boost with reduction in GST under CLSS

February 2018

CREDAI-MCHI President Mayur Shah welcomes the recommendations made by the GST Council in its meeting in January 2018. ...

CREDAI-MCHI, Mayur Shah, GST Council, GST, FSI, FAR, Housing for All

Consumers prefer digital platforms for their home search

February 2018

QuikrHomes has released a comprehensive report that captures consumer sentiments for the year 2018, at the backdrop of its first edition of QuikrHome...

QuikrHomes Realty Awards, Online property portals, Sonu Abhinandan Kumar, PMAY budget
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