“GST wil limprove efficiency in transportation and logistics related to construction materials,” says Sunil Sharma, VP-CRM & Marketing, Mahindra Lifespaces Developers

July 2017

As the government rolled out the Goods & Services Tax (GST) on July 1, 2017, it is set to bring about fundamental shifts in taxation across sectors, ...

Tags: GST, Sunil Sharma, Mahindra Lifespaces Developers, Excise Duty, VAT, Octroi, LBT, Construction materials

“With GST, cost of tax compliance will ease a little along the value chain,” says Atul Chordia, Chairman, Panchshil Realty

July 2017

We only have completed and near ready projects in our portfolio. For our near ready projects, we will be paying GST at 12 per cent but on the cost of...

Tags: Panchshil, Construction, GST, HNI buyers, Yoopune, Trump Towers, Atul Chordia, Global technology

“GST will empower more transparency and simplicity of operation in property deals,” says Shailesh Puranik, MD, Puranik Builders

July 2017

“With Goods and Service Tax (GST) being implemented from July 1, and Real Estate Development and Regulation Act (RERA) already being in force, the re...

Tags: GST, RERA, Construction, Puranik Builders, Shailesh Puranik, Cement, Steel, Competent authorities

Kirloskar Oil Engines to acquire La Gajjar Machineries

July 2017

Kirloskar Oil Engines (KOEL) has executed a definitive agreement, on June 21, 2017, to acquire 76 per cent stake in La-Gajjar Machineries (LGM) at a ...

Tags: Kirloskar Oil Engines, EBITDA, LGM, Nihal Kulkarni, T Vinod Kumar, Udayan Gajjar, LGM Group, Antony Cherukara

Crushing at high altitudes – MB Crusher launches fourth series of its BF120.4 crusher bucket

July 2017

Only those who work up there know how difficult it is – we are talking about the mountainous areas of the Alps, in Italy, where the kilometres to go ...

Tags: MB Crusher, Alta Badia, Earthmoving, Construction, Handling crushing operations, Lubrication system

Mine developer and operator route – large growth opportunity for EPC Players

July 2017

The mine developer and operator (MDO) route presents a large growth opportunity for domestic engineering, procurement and construction (EPC) players ...

Tags: MDO, EPC, India Ratings and Research, EBITDA

NHAI grants national highway status to 28-km-long Dwarka Expressway

July 2017

Dwarka Expressway’s wait has finally come to an end. The National Highway Authority of India (NHAI) has issued a notification which grants the nation...

Tags: Dwarka Expressway, National Highway, NHAI, Manohar Lal Khattar, Rahul Singla, Mapsko, Shiv Murti

An Upward shift to Affordable Housing

July 2017

The favourable policy announced by the current government of owing affordable houses has got an upward shift over the past three years. The motto of ...

Tags: PMAY, Vineet Relia, SARE Homes, Sumit Berry, BDI Group, Pradeep Aggarwal, Signature Global, Brijesh Bhanote, Buildtech India, Avnish Yadav, Affordable Housing