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Construction & Infrastructure News

IIFL arm to raise $500 million for maiden offshore affordable housing fund

January 2018

Leading finance major IIFL Asset Management is set to raise $500 million in the coming financial year for its first offshore affordable housing fund....

IIFL Asset Management, Fairfax Group of Canada, IIFL Holdings, Offshore affordable housing fund

Prestige to acquire 66.66% stake in group company for Rs 324 crore; plans to develop one of the largest affordable and mid- income housing projects

January 2018

Prestige Group, a leading real estate developer in the country, through its wholly-owned special purpose vehicle (SPV) is acquiring 66.66 per cent s...

Prestige Group, SPV, PPPL, Irfan Razack, Affordable housing

Smart City plan at snail pace; only 5 per cent of total projects completed

January 2018

Almost three years after the announcement of the government's ambitious Smart City mission, only around 5 per cent of the total projects have been c...

Smart City Mission, Smart Cities, NDMC, Investment, Ministry of Housing and Urban Affairs

Real estate to be driven by affordable housing in 2018

January 2018

The real estate sector is expected to be driven largely by the affordable housing segment in 2018, media reports reveal. The drive is a result of the...

Cushman & Wakefield, GST, RERA, Narendra Modi, Real Estate, Affordable housing, Infrastructure

Punjab working on twin policy for affordable housing and rental accommodation

January 2018

As reported, the Government of Punjab is working on a twin policy for affordable housing site and rental accommodations across the state. ...

Government of Punjab, Solar power, Affordable housing, Construction

Real estate should be the preferred option to grow wealth in 2018

January 2018

The Indian economy and indeed, real estate have experienced a ‘Systems Reboot’. The new paradigm includes various encouraging initiatives by the gove...

Dr Niranjan Hiranandani, RERA, REIT, GST, PMAY, DMIC, RoI, CAGR, Housing for All by 2022, Systems Reboot, NAREDCO, Government of India, Ministry of Housing & Urban Poverty Alleviation, Hiranandani Communities

Localisation of production is a major factor

January 2018

Construction industry is moving at a faster pace and hopefully next year will be a busy time for everybody as the road is now clear for developments....

Construction industry, Components segment, OEM, Equipment, Loaders, Pavers Compactors, GST, Excon, Kennady V Kaippally, Bonfiglioli Transmissions Pvt Ltd, Caterpillar India, Amit Bansal, R&D centres, Off-highway trucks, Cat 360°ADVANTAGE

We design our products and solutions to make our customers more successful

January 2018

As construction activities gain pace in the country, demand is likely to grow for high-productivity equipment, though traditional machines will also ...

Construction activities, Excon, Caterpillar, Infrastructure, Roads, Railways, Housing, Irrigation, Amit Bansal, ICEMA, Vivekanand Vanmeeganathan, Andy Dhanraj, Murali Achutaraman, Caterpillar India, CAGR
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