Buildwatchnews
MSME Engineering Exporters Concerned Over Proposed 25% Safeguard Duty on Steel Imports
MSME engineering exporters have expressed concerns over the government’s proposal to impose a 25% safeguard duty on steel imports, warning that it could...
Steel Market Faces Pressure in Chennai, Hyderabad, Bellary
The induction furnace (IF) steel market in Chennai, Hyderabad, and Bellary saw notable price corrections on December 2, 2024, as mills adjusted their...
Puravankara Plans Rs 2,000 Crore Fund to Expand in Affordable Housing Segment
Real estate developer Puravankara is set to launch a real estate fund of up to Rs 2,000 crore to fuel its expansion in...
India’s Steel Imports Up 41%, BIS Enforces Quality Standards to Protect Industry
India’s steel imports have risen sharply in the first half of 2024-25, reaching 4.735 million tonnes, a 41.3% increase compared to 3.329 million...
Cement Demand Growth to Moderate to 5-6% in FY25: CareEdge Ratings
The cement sector is projected to see demand growth moderate to 5-6% in FY25, down from 8-9% in recent years, according to CareEdge...
Sri Venkatachalapathy Constructions Bags Rs 129.20 Crore Chennai Sewerage Project
Sri Venkatachalapathy Constructions has emerged as the lowest bidder (L1) for a crucial water and sewerage project in Chennai. The Rs 129.20 crore...
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...
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...
Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027
India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...
Chennai’s Real Estate Shift: High-Rises and Skyscrapers Redefine the Urban Horizon
Chennai, traditionally known for its low-rise residential buildings, is experiencing a shift towards vertical growth, with a surge in high-rise construction. The city,...
