Chennai’s Rental Market Sees 22.2% Surge: Magicbricks Report
Magicbricks’ Q3 2024 rental update reveals a 7.4% quarter-on-quarter (QoQ) increase in average rents across 13 major Indian cities, reaching Rs 35.8 per...
Aditya Ultra Steel to Set Up Rs 15-Crore Solar Plant in Gujarat
Aditya Ultra Steel, a leading rolled steel products manufacturer, will establish a 5 MW solar power plant in Jasdan, Rajkot, Gujarat, to meet...
Century Plyboards Plans ₹140 Crore Expansion to Boost Plywood Output by 30%
Century Plyboards, India’s leading plywood manufacturer, is set to expand its production capacity by 30% over the next 12-15 months with a ₹140...
UltraTech Cement Raises Rs 3,000 Crore via NCDs Amid Financial Setbacks
UltraTech Cement, the Aditya Birla Group’s flagship company, plans to raise up to Rs 3,000 crore through the private placement of non-convertible debentures...
Shriram Properties Reports Strong Q2 FY25 Performance Despite Handover Delays
Shriram Properties Limited (SPL) has announced its financial results for Q2 and H1 FY25, showcasing robust sales volumes and continued growth despite challenges....
Prestige Estates to Unveil Rs 52,000-Crore Housing Projects by March 2025
Prestige Estates Projects Ltd plans to launch housing projects worth Rs 52,000 crore by March 2025, tapping into strong demand for residential properties....
CMRL Pushes for Airport-Kilambakkam, Poonamallee-Parandur Projects
Chennai Metro Rail Limited (CMRL) is advancing the much-anticipated Airport-Kilambakkam and Poonamallee-Parandur metro projects, addressing critical transit needs in Chennai. The detailed project...
India to Launch Green Steel Star Ratings for Sustainable Infrastructure
India’s Ministry of Steel (MoS) has introduced a star-rating system to define and promote the production of green steel, a key initiative for...
Chennai’s Real Estate Transforms with Surge in Plotted Developments
Chennai’s real estate market is witnessing a significant transformation, with plotted developments gaining popularity. Abandoned industrial campuses and joint-family properties are being repurposed...
Labour Costs Surge 25%, Driving Construction Expenses Up 11% in 2024
Construction costs surged by 11% year-on-year in 2024, driven by a staggering 25% rise in labour costs, according to a Colliers India report....
