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Construction & Infrastructure News

Luxury homes prices in Bengaluru, Delhi record negative growth, Mumbai sees marginal surge

August 2017

Amid a global pattern of weakening prices for luxury residences, a declining trend engulfed Indian metros according to the Knight Frank Prime Global ...

Amid, Dr Samantak Das, Knight Frank India, Luxury homes

Here’s why office projects are the new favourites of Indian developers

August 2017

For many years, most Indian developers’ portfolios were dominated by residential projects, and many dedicated only a miniscule percentage to the offi...

REIT, Residential projects, RERA, GST, Santhosh Kumar, JLL India

Coal India plans Rs 8,500-crore capex investment in 2017-18

August 2017

Coal India Ltd (CIL) has planned to invest Rs 8,500 crore as capital expenditure in 2017-18 and has further planned to invest Rs 6,500 crore in vario...

Coal India, Coal mining, Investment, Capital expenditure

Gates organises reach-out campaign for Tamil Nadu region

August 2017

To support One India Gates Vision 2020, Gates organised ‘Reach-out’ campaign for Tamil Nadu region. Under this campaign, a road show was hosted by Ga...

Gates India, Hoses, Hydraulics, Customer meet, Tamil Nadu

Fifteen major projects of new lines taken up in North Eastern states including in Assam

August 2017

Indian Railways have laid a great emphasis on improvement and development of railway infrastructure in Assam and the North Eastern states....

Indian Railways, Infrastructure, Rajen Gohain, NOC from Road, Canal, Electrical crossings

Affordable housing set to grow at a faster pace than rest of the real estate sector

August 2017

If we talk about affordable houses, it typically denotes the housing needs of the lower or middle income population. The Government of India has take...

Government of India, Awas Yojana, Vineet Relia, SARE Homes, Affordable housing, FSI, RERA, GST, DMIC, Indira Gandhi International Airport

What would Rs 1,000 crore IPO mean to Pune-based BVG India

August 2017

Pune-based facility management company BVG India is in the initial stages of planning its IPO offering and is in the process of hiring bankers. As re...

BVG India, Kotak India Growth Fund I, 3i Group Plc, Offerings spanning facility management, Emergency services, Turnkey projects

Schindler to invest Rs 170 crore in expanding manufacturing facilities

August 2017

Schindler India is gearing up to expand its manufacturing set up and improve its Chakan-based R&D facilities with an investment of Rs 170 crore. It p...

Schindler India, Chakan-based R&D, Make in India, Uday Kulkarni, R&D centre, Elevator
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