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Construction & Infrastructure News

Viability Gap Funding to support infrastructure projects worth Rs 2,750 crore

February 2017

Viability Gap Funding, which has been provided a budgetary support of Rs 550 crore, will support projects worth Rs 2,750 crore towards infrastructure...

Viability Gap Funding, Infrastructure building, Framework, Schemes 2017-18, PPP, infrastructure

About 80 per cent funds for construction workers, unspent

February 2017

The Centre and state governments have collected Rs 26,962 crore in the Construction Workers’ Welfare Fund by levying a mandatory 2 per cent cess on a...

Supreme Court, West Bengal, Construction, Welfare Measures, Construction Workers Welfare Fund

NAREDCO hails the announcements of Union Budget 2017-18

February 2017

India’s leading apex body for real estate sector, National Real Estate Development Council (NAREDCO) has welcomed the provisions of the Finance Bill ...

NAREDCO, Housing Segment, Parveen Jain, Infrastructure, Real Estate Development, Completion Certificate, Notional Rental Income, PMAY, Metros, Union Budget 2017-18, Rajeev Talwar, Pension Funds

It is heartening to note the announcement of ambitious target of 20,000 MW of solar power during 2017-18

February 2017

It is heartening to note the announcement of ambitious target of 20,000 MW of solar power during 2017-18. If we look back seven years before, when th...

Jaideep N Malaviya, Solar Thermal Federation of India, Electronics manufacturing, Dairy Infrastructure Development Fund

We now also have access to the Rs 40,000 crore NIIF

February 2017

Providing a roof over one’s head is as or more important than building roads and bridges for a country like ours. Terming affordable housing as ‘infr...

Kirti Timmanagoudar, Brick Eagle Funds, NIIF

Interest subvention for housing loans and reduced lending rates by banks post-demonetisation is a welcome move

February 2017

The Union Budget announced is a balanced budget focusing on providing an impetus to the economy and offers encouraging measures for the tax payers. A...

Union Budget, Ajay Durrani, Covestro India, GST, Demonetisation, MSME sector, NABARD fund, Housing for All, Petro-chemicals sector

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

Lodha Group launches Start-up Investment Fund

February 2017

Lodha Group has launched its maiden Start-up Investment Fund, which will invest in start-ups at all stages of the development cycle, including early ...

Lodha Group, Start-up Investment Fund, smart city space
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