Aug 03, 2022 02:52 PM ISTReplying to supplementaries during the Question Hour, the minister said there is no shortage of funds with the National Highways Authority of India (NHAI) which has AA rating and is financially very sound.
Jul 27, 2022 02:03 PM IST Vora said since the government spending has increased in the engineering & construction and defence sector, these firms would do well
Jul 26, 2022 08:45 PM IST The company’s management said the June quarter, which is typically a seasonally weak quarter, saw high order execution and robust order inflow which resulted in its highest-ever order book at Rs 3,63,448 crore in June end
Jul 20, 2022 01:38 PM IST Senior town planner, Gurugram, Narendra Singh Solanki said that a need to revise the guidelines was felt because as per the previous definition of a temporary structure, the requirement of a site office cannot be fulfilled.
Jul 18, 2022 03:36 PM IST L&T Realty said this is a part of the company’s larger plan to strengthen its footprint in major metros by adding around 5 million square feet per year over the next five years.
Jul 13, 2022 04:16 PM IST The industry is battling with input cost pressure due to considerable rise in major commodity costs, particularly steel, bitumen and cement.
Jul 10, 2022 07:11 PM IST A portal for the registration of construction and demolition sites was launched in October last year in a bid to control dust pollution in the capital.
Jun 29, 2022 01:41 PM IST Chairman of Shapoorji Pallonji Group, Pallonji Mistry, the man behind iconic buildings in Mumbai and around, passed away on June 28 at the age of 93.
Jun 27, 2022 12:42 PM IST In this episode of The Moneycontrol Real Estate show, Moneycontrol's Vandana Ramnani talks to Tariq Ahmed, Chief Executive Officer, West India at Prestige Group, about the company’s plans in the residential space.
Jun 21, 2022 09:15 PM IST Construction companies (excluding Dilip Buildcon) maintained double-digit growth momentum in Q4FY22. However, growth momentum moderated owing to government ban on construction activities in the NCR, slower execution by construction companies due to steep increase in raw material prices, and relatively higher base in the corresponding quarter last year. But MC Pro conviction stocks posted better execution with revenues growing 17% YoY. Watch the video to know which are these stocks.
Jun 20, 2022 06:59 PM IST The new payroll additions recorded in April, the first month of FY23, is almost 45,000 less than the new additions in March, when the pension fund had added 968,163 new subscribers. But net payroll additions have gone up.
May 26, 2022 01:57 PM IST The industry expects steel prices to soften only over the next few quarters, which may subsequently reflect in the cost of projects.
May 22, 2022 05:31 PM IST The move is ‘timely’ and will help bolster the availability of raw materials domestically, cool off prices of steel products, and help tide the rise in prices of real estate projects, strengthening consumer sentiment, said experts
May 12, 2022 07:27 AM IST To clean up dirty sectors such as cement, big emerging nations are going to need money and innovative technology from Western multinationals.
Apr 29, 2022 02:59 PM IST The cost of various construction commodities has risen by at least 50 percent, while some items have become expensive by as much as 100 percent and more over the last couple of years.
Apr 25, 2022 04:25 PM IST On an average, there was 9.26 percent to 10.44 percent increase in construction costs for Grade A warehousing and 7.72 percent and 8.68 percent for general manufacturing in last two years
Apr 22, 2022 02:31 PM IST New launches are expected to be at a six-year high of 400 mn sqft in FY2023, showing improvement from the previous two years, which were impacted by the COVID-19 pandemic.
Apr 19, 2022 08:50 PM IST According to a survey conducted by Credai, almost 40 percent developers have said that they won’t be able to sustain and deliver projects if no immediate measures are taken to provide relief
Apr 09, 2022 07:17 AM IST The scale of operations and financial bandwidth also defines whether a builder can afford to halt operations. Larger projects and/or developers sitting on high debt may find it unsustainable to halt construction.
Mar 30, 2022 10:10 AM IST IRDAI has issued guidelines for surety bonds, which come into effect on April 1. Contractors will be allowed to use these bonds as a substitute for bank guarantees for government contracts
Mar 29, 2022 01:19 PM IST The cost of key materials like cement and steel, which account for a large share of construction expenses, has spiked
Mar 28, 2022 06:35 PM IST CREDAI-MCHI seeks a reduction in stamp duty as well as GST and also wants teh export of cement and steel to be halted
Mar 22, 2022 07:35 PM IST Developers claim that steel prices have gone up by 121percent and cement by nearly 38 percent in the last two years and that cost of construction has increased by at least Rs 500 per sq. ft. making projects unviable.
Mar 22, 2022 04:02 PM IST Homebuyers say builders cannot stop construction of projects that they have launched as they have taken the booking amount and subsequent EMIs for the projects. Price rise cannot be a force majeure situation since raw materials are abundantly available.
Mar 12, 2022 07:19 AM IST Work-from-home also offers immense opportunity for reducing emissions.
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