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Construction & Infrastructure News

Middle income families drive Bangalore's real estate market

May 2013

Despite global recession Bangalore's residential real estate market remains resilient, mainly driven by demand for mid-end homes. The city saw 35,500...

Bangalore, residential real estate market, resilient, demand, mid-end homes

CMCL to cater to eastern India market

May 2013

Cement Manufacturing Company (CMCL), which produces cement under the brand name of Star, will cater to the market in eastern India which witnessed a ...

Cement Manufacturing Company, CMCL, demand, market, sales, growth, production, plant

Mysore builders happy as demand for houses goes up

May 2013

With the increased demand, real estate sector in Mysore is buoyed. Builders who are holding a four-day realty show in the city to attract and market ...

increased demand, real estate sector, Mysore, exhibitors

Cement firms may face strain on profitability

May 2013

Rating agency ICRA expects cement companies to suffer from strain on their profitability in the coming quarter because of weak demand and the hike in...

Rating agency, ICRA, demand, cement, budget, infrastructure, construction, production, output, earnings, profit

Cement prices likely to fall from next month

April 2013

As demand remained muted even in the traditionally peak season cement prices are likely to start declining from early May, much before the advent of ...

demand, peak season, cement prices, early May

Weak demand hits cement, volumes dip in 4th quarter

April 2013

Weakening demand has hit the Indian cement sector very lately. It has seen volumes fall one per cent year-on-year (y-o-y) in the fourth quarter. Afte...

weakening demand, Indian cement sector

Cement firms bet big on govt projects ahead of election

April 2013

Some industry players and analysts feel that demand for cement may rise in the coming months as government expedite key construction projects ahead o...

construction, project, shipping, cement, capacity, demand, price, market, infrastructure

Steel consumption stood at 6.8 mn t in Feb

April 2013

The implied monthly steel consumption in India stood at 6.8 million tonne in February 2013, which is higher compared to the year-ago month and Januar...

steel, consumption, India, cement, demand, consumption, price
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