Construction

Mumbai civic body issues stop-work order to construction sites as AQI dips

Amid worsening AQI, the civic body has halted work at 53 construction sites and rolled out hundreds of AQI monitoring sensors across the city

Hong Kong high-rise fire puts spotlight on bamboo scaffolding safety

While the exact cause of the deadly inferno that swept across a Hong Kong apartment complex remains unknown, questions have been raised about the role of the bamboo scaffolding that enveloped the buildings at the time of the fire. The blaze, which has left at least 94 dead, has focused attention on the use of the ancient construction technique dating back over 1,000 years. Bamboo poles lashed together using wire and other strong materials are often found at construction sites in Southeast Asia. Hong Kong is one of the few major cities where such scaffolding is a common sight. Officials said Wednesday's fire started on the external scaffolding of a 32-story tower in the suburb of Tai Po, spread to the inside of the building and then to six other towers, likely aided by windy conditions. Officials are investigating why the scaffolding and other construction materials used in renovations to the outsides of the buildings caught fire. Bamboo is a fast-growing plant that forms tall, hol

Building materials to revive in H2, says Motilal Oswal; top stock bets here

MOFSL has initiated coverage on Century Plyboards with a 'Buy' rating and Cera Sanitaryware with a 'Neutral' stance

GRAP III norms vital but could delay projects, say realty developers

Developers say adhering to Graded Response Action Plan Phase III is crucial but argue construction is not a major pollution source and blanket bans disrupt timelines and affect workers' livelihoods

Jaipur metro Phase-II construction to be under DMRC's supervision

The project involves construction of 34 elevated and two underground metro stations, they said

Monolithisch eyes 30% share of premixed ramming mass market in 2 years

Monolithisch India Ltd, manufacturer of premixed ramming mass, is aiming for up to 30 per cent share of the market in the next couple of years, according to its Managing Director Harsh Tekriwal. The premixed ramming mass is expected to grow to nearly 5 lakh tonnes a month, Tekriwal said. The company, which went public in June this year, is embarking on a capacity expansion drive targetting around 5.74 lakh tonnes per annum (TPA) of ramming mass in the next one year, Tekriwal told PTI. Premixed ramming mass is used for lining induction furnaces mostly used in secondary steel sector and alloy melting applications, acting as insulation material between the furnace and the molten metal, which is being melted. "The growth opportunity looks very optimistic because the secondary steel sector in India is booming at a very good pace. The reason being that they are economical, their product quality is quite good and gradually they are scaling up to very big levels," he said when asked about

Construction worker falls to death at Delhi airport near Terminal 3

A construction worker died after falling at Delhi airport's Terminal 3 site on September 5, with Delhi Police registering a case and DIAL citing non-adherence to safety protocols

Maple Highways in talks to raise about $200 million from Societe Generale

French bank Societe Generale SA and the borrower are working on documentation for the loan deal, said the people, who asked not to be identified because the information is private

12 dead, 4 missing as under-construction railway bridge collapses in China

The collapse of an under-construction railway bridge over a major river in China has killed at least 12 workers and left four others missing, state media reports said. Aerial photos from the official Xinhua News Agency show a large section missing from the bridge's curved aquamarine arch. A bent section of the bridge deck hangs downward into the Yellow River below. Sixteen workers were on the bridge in northwest China's Qinghai province when a steel cable snapped about 3 am. Friday during a tensioning operation, Xinhua said. Boats, a helicopter and robots were being used in the search for the missing. The bridge is 1.6 kilometres long and its deck is 55 metres above the surface of the river below, the English-language China Daily newspaper said.

Construction costs surge 40% since 2019; experts call for GST reforms

Construction costs in India's affordable housing sector have surged 40% since 2019, squeezing developer margins. Experts suggest GST reforms could ease costs and protect housing affordability

National highways construction pace slows to 29 km per day in FY25: Gadkari

The pace of National Highways construction in India slowed to 29 km/day in the last fiscal, Parliament was informed on Wednesday. Union Road Transport and Highways Minister Nitin Gadkari, in a written reply to the Rajya Sabha, said the pace of National Highways construction during 2023-24 stood at 34 km/day. The highest-ever pace was recorded in 2020-21, when it reached 37 km per day. The Ministry of Road Transport and Highways is primarily responsible for development and maintenance of National Highways (NHs), including National Expressways. The ministry had constructed 10,660 km length of national highways in 2024-25, 12,349 km length of national highways in 2023-24 and 10,331 km length of national highways in 2022-23. Gadkari said all the NHs development projects, including development of access-controlled High Speed Corridors (HSC) / Expressways, are planned in line with PM GatiShakti National Master Plan (NMP) Principles. "The government has constructed 10,660 km of NHs duri

ICRA forecasts muted growth for mining and construction industry in FY26

ICRA predicts 2-5% growth for mining and construction in FY26 due to factors like erratic monsoons, delayed project awards, and rising equipment costs after regulatory changes

Tata Steel inks MoU with InQuik to bring modular bridge tech to India

According to Tata Steel, the agreement will help expand its offerings in the infrastructure space by adding value-added construction products to its portfolio

Construction tech adoption lags in Indian real estate amid cost hurdles

Despite availability of BIM, modular, and 3D technologies, Indian construction firms remain hesitant due to cost, labour economics, and limited developer scale

Cement makers struggle despite robust growth of construction sector in GDP

The cement industry combined net sales declined to Rs 2.1 trillion in FY25 from Rs 2.22 trillion in the previous year

Globe Civil Projects IPO gets fully subscribed on day 1 of bidding

The initial public offer of civil construction and infrastructure development company Globe Civil Projects fully subscribed on the first day of bidding on Tuesday and finally ended the session with a 6.96 times subscription. The Rs 119-crore IPO received bids for 8,16,76,623 shares against 1,17,32,392 shares on offer, as per NSE data. The quota for non-institutional investors garnered 8.16 times subscription, and the category for qualified institutional buyers (QIBs) subscribed 8.06 times. The portion for retail individual investors (RIIs) received 5.82 times the subscription. The Initial Public Offer (IPO) of up to 1,67,60,560 equity shares has a price range of Rs 67-71 per share. The issue will close on June 26. Its shares will be listed on BSE and NSE. Globe Civil Projects Ltd intends to utilise Rs 75 crore of the IPO proceeds for funding working capital requirements, Rs 14.26 crore for capital expenditure towards the purchase of construction equipment/machinery and the remain

Delhi govt to introduce policy for use of treated water in construction

The state government said the move is meant to reduce groundwater extraction as well as extend the life of buildings since poor quality water can corrode iron and damage concrete

StarBigBloc Building gets shareholders' approval to raise funds via IPO

StarBigBloc Building Material, a wholly-owned subsidiary of BigBloc Construction, on Tuesday said it has received shareholders' approval to raise funds through an initial public offering. The Initial Public Offering plan, cleared at an extraordinary general meeting held on June 13, is aimed at unlocking value, raising growth capital for expansion, and enhancing the valuation of the parent company BigBloc Construction, it said. The public issue proposal is subject to necessary regulatory approvals, prevailing market conditions, and other applicable clearances, it added. "The IPO will enable StarBigBloc Building Material to access capital markets, drive the next phase of expansion, and solidify its market position across India," Mohit Saboo, Director and Chief Financial Officer of BigBloc Construction, said. Incorporated in 2015, BigBloc Construction is one of the largest and only listed AAC block manufacturers in India, with a 1.3 million cubic meters annual capacity across plants i

High temperatures take toll on realty, project timelines, impact workers

Realty & construction cos taking tactical measures: Heatwave training, on-site housing, new tech and more

Rainfall outlook, infra push to lift construction equipment demand: ICEMA

Industry stakeholders expect a rise in demand for construction equipment this year largely driven by 'above normal' rainfall outlook and government's focus on infrastructure, industry body ICEMA President designate Deepak Shetty has said. "The India Meteorological Department (IMD) has predicted 'above normal' rainfall in the country and I am very happy that due to this the rural market will be benefited. As most of our machines operate in the rural area, I am hopeful that we will be benefited," Shetty said. With the government focusing on infrastructure, he said, "I am sure that this year the growth will be in double-digit." In an interaction with PTI, Shetty who is also the CEO & Managing Director of JCB India, a leading manufacturer and supplier of heavy construction equipment in India, said that in the last few years, the Indian construction equipment industry has witnessed a growth of 26 per cent. Shetty noted that FY25 has been a year of strategic repositioning for the ...