Pune-based real estate developer Kumar Properties has forayed into the lucrative luxury residential segment with its first project ‘Sienna’ at Hadapsar in Pune. The 46-year-old firm has plans to launch several luxury residences under its Privie brand, according to a report.Construction News by Jayashankar Menon on Apr 3 2013
The Chennai-based real estate major, Akshaya Limited has bought one acre property in the heart of the city from IFCI Infrastructure Developers for a consideration of Rs 94 crore.Construction News by Jayashankar Menon on Apr 1 2013
Navigator Mobile enables construction workers in the field, architects and engineers on the move, and other project stakeholders to navigate – online or offline – 3D architecture, engineering, and construction models intuitively and fully using i-models, as well as to browse a broad range of project documents in various formats.Construction News by Jayashankar Menon on Mar 25 2013
While China stood at the first position, the US and the UK are at second and third spots.
The Ministry of Housing and Urban Poverty Alleviation, Government of India is contemplating on rolling out a single window system for clearance of all real estate projects across the country.Construction News by Jayashankar Menon on Mar 18 2013
Swedish firm Pergo, best in laminate flooring introduces Domestic Extra laminate floors in India.Construction News by Jayashankar Menon on Mar 6 2013
Tata Housing launches second phase of its luxury housing complex Amantra in Mumbai.Construction News by Jayashankar Menon on Mar 1 2013
Life Insurance plays a critical role in providing long-term funds for infrastructure development by channelising domestic savings and could have helped in funding Rs 1 trillion planned to be invested in infrastructure during the 12th five year plan.
The Union Budget 2013-14 attempts to boost the demand for core sectors such as steel, cement and construction by providing an investment allowance on capital expenditure and additional interest deduction to first time homeowners.Construction News by Jayashankar Menon on Feb 28 2013
While reacting to Union Budget 2013, Brotin Banerjee, Managing Director and CEO of Tata Housing Development Company said the additional tax deduction on home loans is likely to boost demand for affordable housing.
Tata Housing, India’s fastest growing real estate development company announces a never before introduced offer to their prospective buyers to book an apartment in New Haven Compact anytime between March 1-10, 2013 and receive an appreciation of ten percent on the total apartment cost.Construction News by Jayashankar Menon on Feb 18 2013
Lanco Infratech Limited (LITL), the leading integrated infrastructure conglomerate with global footprints having business verticals including EPC, Power, Solar, Natural Resources and Infrastructure announced that Lanco Solar Energy Pvt Ltd, a fully owned subsidiary of Lanco Infratech Limited won prestigious IESA Technovation Award for Most Innovative Product Award 2012.Construction News by Jayashankar Menon on Jan 29 2013
Saint-Gobain Glass India's 'Transparence 2012', the annual design competition held for students of Architecture and Design, concluded with a Grand Finale at Sonepat on the of January 26, 2013.Construction News by Jayashankar Menon on Jan 29 2013
The National Housing Bank (NHB) has slashed its prime lending rate from ten percent to 7.5 percent with immediate effect.Construction News by Jayashankar Menon on Jan 29 2013
Despite sagging sales, the property prices in Mumbai are not showing any signs of decline, as Lodha Group yesterday received 1,300 applications from customers for the upcoming realty project, Blue Moon, which is more than double the number of units up for grabs.