Page 11 - Construction

Cement cos regain pricing power as demand improves from infra, construction

Cost pressures a concern, though, as crude, currency volatility remain

Air pollution: 491 construction, demolition sites in Delhi-NCR to be shut

The Commission for Air Quality Management (CAQM) said on Saturday it has issued directions for the closure of 491 construction and demolition sites, including 110 in Delhi, for flouting air pollution control norms. The CAQM has set up 40 flying squads to rigorously monitor enforcement and compliance of its directions to ameliorate the air quality of Delhi-NCR. These flying squads have inspected more than 8,580 construction and demolition sites till October 14. Closure directions have been issued to 491 defaulters -- 110 in Delhi, 118 in Haryana, 211 in Uttar Pradesh and 52 in Rajasthan -- a statement said. The flying squads have been conducting surprise inspections and field-level incognito checks at industrial units, construction and demolition sites, commercial and residential units, air pollution hotspots, etc. The CAQM also advised state implementing agencies, including state pollution control boards and the Delhi Pollution Control Committee, to ensure compliance and strict ...

China's real estate crisis: CCB to set up $4.2 bn fund to buy properties

The fund will "invest in existing assets" of real estate companies and renovate the properties into rental housing, the lender said in a statement to the Shanghai stock exchange Friday.

Casagrand forays into home building segment, plans 500 homes in 3 years

Realty firm Casagrand has unveiled an independent residential construction venture -- 'CASAGRAND PERCH', and announced plans to build 500 homes over the next three years under the new initiative. CASAGRAND Perch would be involved in designing of the residential units for customers who own a minimum of 1,500 sq ft land, while keeping in mind the concepts of light, ventilation, privacy and 'vaastu,' a company official said on Wednesday. "Through this venture, we will build an individual home by following the same standards of CASAGRAND. People usually reach out to unorganised players to build their homes and there are times when they are not satisfied with the outcome." CASAGRAND founder-managing director Arun Mn noted. "CASAGRAND Perch has been conceptualised as a venture that will professionally take care of the end-to-end requirements of home building.. at this moment, we will build houses in Chennai, Bengaluru and Coimbatore. We aim to build 500 houses under CASAGRAND Perch in 3 .

9.8 km tunnel on Banihal-Katra railway link completed in Jammu and Kashmir

The 9.8 km tunnel connecting two stations on 111 km under-construction Banihal-Katra railway link in Jammu and Kashmir was completed on Monday, officials said. It is part of the Udhampur-Srinagar-Baramulla Railway Line (USBRL) project. This is the third tunnel following the 12.6 km tunnel T-49B, the longest tunnel of Indian Railways, which was completed in January this year. On August 14, the world's highest rail bridge over the Chenab river in the Kouri area of Reasi district achieved a milestone when the overarch deck of the bridge was completed with a golden joint. The breakthrough was executed by conducting a blast and with it, the work on the escape tunnel T-13 was started, said the officials engaged in the work. "We have succeeded in completing the construction work on the tunnel between Dugga and Sawlakote stations in the Katra-Banihal section of the UdhampurSrinagarBaramulla Rail Link (USBRL)," an official said. The officials said USBRL is a national project and Indian ...

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF

Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Delhi construction workers' woes continue despite uptick in registration

Delhi construction workers welfare board has registered around 6,400% increase in registrations but many remain aloof

Building material players take a demand, margin hit in June quarter

Slowdown in construction activity, high inventory levels and cost spike key negatives

What legacy Pallonji Mistry leaves behind?

Pallonji Mistry's quiet demise was in tune with his reclusive nature. He diversified the Shapoorji Pallonji Group and built some of the country's iconic buildings. Find out more about his legacy

Near-term pain to hit paint, cement stks; long-term outlook robust: Experts

Analysts have downgraded the related sectors, and have cut earnings estimates for FY23 and FY24 factoring the near-term challenges

New emission norms in construction to boost exports to mature mkts: Expert

The new emission standards in the construction industry when implemented will boost exports to more mature markets such as Europe and North America from India, according to a top industry executive

Non-commercial construction in education institutions to draw less GST

Gujarat AAR ruled that such buildings would attract 12% GST, not 18% levied for other construction activities

Dr. Vikram Mehta: Maharashtra's Fire Evacuation Man

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Avg construction cost up 10-12% in last yr; may rise by 8%: Colliers India

The average cost of construction has risen 10-12 per cent over last one year due to the rise in prices of raw materials and may rise further by 8-9 per cent by December, according to Colliers India

Surging cost of construction likely to push up real estate prices

Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints

CNH Industrial boosts presence in India, sets up India Tech Centre

The unit has 100 engineers and specialists now, will be ramped up to 1,000 by 2024 to make it one of the largest tech centres for the company globally

5 workers dead as under-construction building slab collapses in Pune

The incident occurred at Shastrinagar in Yerwada area of the city late Thursday night, an official said.

Is all macroeconomic analysis time-pass, idle chat and ephemeral?

Macroeconomics comprises 6-7 interconnected variables, each of which can or will be different depending on what other 6 are. So what you get at the best of times are wide ranges of possible outcomes.

Vista Construction and Remodeling Shapes Luxury Architecture In South Florida

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BIM the key? AEC Firms embrace this new-age Technology with RDT

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