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Construction & Infrastructure News

322 infra projects observe Rs 1.71 lakh crore overrun cost

August 2017

Data released by the Ministry of Statistics and Programme Implementation reveal that delays and other similar reasons have resulted in 322 infrastruc...

Ministry of Statistics and Programme Implementation, Infrastructure projects

Six projects to be launched by Shapoorji Pallonji Realty

August 2017

The real estate arm of Shapoorji Pallonji will be launching six projects across India by next year. According to reports, two of the six projects wil...

Shapoorji Pallonji, Real estate, NCR, IFC, ADB, Joyville project

20 per cent of India’s new homes to become green by 2022

August 2017

A first-of-its-kind, voluntary, private sector-led initiative, the Sustainable Housing LeadershipConsortium (SHLC), is working towards mainstreaming ...

SHLC, Godrej Properties, Mahindra Lifespace Developers, Shapoorji Pallonji Real Estate, Tata Housing Development Companyand VBHC Value Homes, MHUA, Sustainable HousingLeadership Consortium, United Nations, built eco-systems, IFC

2Q17 sees India Residential Inventory overhang drop to 10-quarter low

August 2017

2Q17 marks a record low for units launched across India, even as sales continue to outdo new units getting constructed in a quarter for the sixth con...

RERA, Under-construction projects, Real estate developers, Anarock Property Consultants, Anuj Puri

Vikram Solar opens its office in China at Shanghai

August 2017

Vikram Solar Pvt. Ltd. recently announced the opening of a new office at Yan’an W Road HongQiao, Shanghai, China. This decision has been taken with a...

Vikram Solar Pvt. Ltd., Yan’an W Road HongQiao, Logistic, Procurement hub

Seven companies secure contracts for Mumbai metro

August 2017

Seven of the 10 infrastructure developers who made bids for Mumbai’s Metro Line 2B and Metro Line 4 were awarded contracts, according to reports. Met...

Rizzani de Eccher, Simplex Infrastructure, NCC Infra, J Kumar Infraprojects, JMC Projects and a JV between Tata Projects

PMO intervention sought for successful implementation of RERA

August 2017

The Confederation of Real Estate Developers' Associations of India (CREDAI) has requested the Prime Minister of India Narendra Modi to intervene in a...

CREDAI, RBI, RERA, Ongoing project, EMI, Jaxay Shah

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
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