Real Estate industry is on the rise hoping to take on board hundreds of technical and marketing professionals to clear their inventory and strengthen profit curve.
The Construction Industry Development Council (CIDC) has so far trained 252 youths while 101 are undergoing training and counselling under the Capacity Building and Technical Assistance (CBTA) scheme.
The Indian construction equipment market is expected to witness a Compound Annual Growth Rate (CAGR) of 20% year-on-year during 2011-2015.
The buildings wing of the Public Works Department in Chennai has floated tenders and the total estimated cost of the proposed civil and electrical works has been fixed around Rs. 26.9 crore.
With the commencement of upgraded branch, Schwing Stetter aims to target the booming construction market and active customer base in Raipur.
Cement prices in India set to go up by as much as Rs 9 per 50-kg bag this month as the new coal pricing mechanism adopted by Coal India Limited (CIL) has increased the production cost for makers of the building material.
Fitch, an international rating agency, has projected a ‘negative outlook’ for the Indian real estate sector in 2012 due to weak overall demand and higher construction costs, which are likely to continue to squeeze margins in 2012
Boasted to be the biggest real estate exhibition in Kuwait, Realty India 2012 will be inaugurated by the Indian Ambassador to Kuwait, Satish C Mehta at the Ramada Kuwait Hotel in Al-Riggae.
Getting a skilled labour is an uphill task in construction industry. To overcome this issue, National Skill Development Corporation (NSDC) along with CREDAI Pune Metro has initiated a unique program called Kushal. The main objective of “Kushal” is to impart practical skills to un-skilled & semi-skilled laborers.
Frost & Sullivan predicts two fold sales growth construction equipment industry by 2015 and in particular, the hydraulic components market to reach Rs 50 billion mark by 2017.
Introducing another trend in the Chennai realty sector Akshaya Pvt Ltd, recently launched ready to move in and live homes in the METROPOLIS Phase II project, located near Mahindra World City on the GST road.
Voltas, one of the world's premier engineering solutions providers and project specialist, has won the most prestigious 'MEP Contractor of the Year' honour at the recently held MEP Middle East Awards in Dubai.
IL&FS Private Equity has bought 9.36 per cent stake in Indiabulls Infraestate Ltd, a wholly owned special purpose vehicle (SPV) floated by Indiabulls Real Estate Ltd, to develop a realty project on a parcel of land in Mumbai for Rs 200 crore.
Bengaluru-based Brigade Enterprises is all set to launch about 25 new projects this year developing a total area of 20-25 million square feet.
MCHI India Realty Expo Dubai 2012 concluded successfully as Non-Resident Indians (NRIs) from the Gulf region took advantage of the low Rupee vaue and booked properties back home.