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Construction Costs Surge by 39% in Big Cities, Impacting Housing Projects
The cost of construction for housing projects in major Indian cities has surged by 39% over the past four years, now averaging Rs...
Brigade REAP Expands Proptech Investments with $500,000 in Settlin’s Resale Platform
Brigade REAP, the proptech accelerator by Brigade Group, has invested in Settlin, a gig-based residential resale platform, as part of a larger $500,000...
India Targets 300 Million Tons of Steel Output by 2030, $120 Billion Investment Needed
India plans to scale its steel production to 300 million tons by 2030, requiring an estimated $120 billion investment, according to the Ministry...
Tamil Nadu Achieves 20.12% SGST Growth, Tops India in H1 FY25
Tamil Nadu has emerged as the top-performing state in State Goods and Services Tax (SGST) collections, recording a remarkable 20.12% growth in the...
UltraTech Strengthens Cement Dominance with Rs 8,600 Crore Century Deal
UltraTech Cement Ltd has announced the acquisition of Century Textiles and Industries Ltd’s cement business for Rs 8,600 crore. This deal adds 13.4...
Chennai Metropolitan Development Authority Plans 330 Acres Land Acquisition for Thirumazhisai Development
The Chennai Metropolitan Development Authority (CMDA) has proposed acquiring 330 acres under the Land Pooling Area Development Scheme (LPADS) to develop a loop...
Construction Sector Gains Momentum with Increased Steel and Cement Demand
The Reserve Bank of India (RBI) reports significant growth in the construction sector, with steel consumption rising by 9% year-on-year in October 2024....
Provident Housing Will Launch Bayscape in Chennai’s Southern Suburbs
Provident Housing is set to launch Provident Bayscape, its latest residential project on Kelambakkam-Vandalur Road in Chennai, on November 23. This project promises...
Steel Industry at the Forefront of India’s Transformation: Union Minister HD Kumaraswamy
Union Minister for Steel and Industries, HD Kumaraswamy, underscored the pivotal role of steel in driving India’s development at the National Metallurgist Awards....
BEML Secures Major Order from CCL: ₹246 Crore Deal for Mining Trucks
Bharat Earth Movers Ltd (BEML), a prominent public sector enterprise in heavy equipment manufacturing, has secured a ₹246.78 crore contract from Central Coalfields...
