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Construction Costs Rise Over 25% as Material Shortages and Labour Constraints Impact Real Estate Sector: CREDAI

CREDAI has warned that construction costs have increased by more than 25 percent due to global conflicts, material shortages and labour constraints, putting...

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Cera Sanitaryware Q4 Profit Falls 9.6% Despite Revenue Growth, Recommends ₹75 Dividend

Cera Sanitaryware reported a 9.6% decline in Q4 FY26 net profit despite double digit revenue growth. The company also announced a ₹75 dividend...

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Sattva Group Targets ₹8,600 Crore Revenue from 50-Acre Bengaluru Housing Project

Sattva Group has launched a 50-acre residential project in North Bengaluru with a revenue potential of over ₹8,600 crore, tapping into strong housing...

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Vedaanta Senior Living Plans Rs 500 Crore Expansion Across South India

Vedaanta Senior Living will invest up to Rs 500 crore over four years across key South Indian cities including Chennai and Trichy, adding...

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Viksit Bharat 2047: Amit Shah Calls on Real Estate Sector to Support India’s Infrastructure and Urban Growth Vision

Union Home Minister Amit Shah has urged the real estate sector to actively support India’s infrastructure and urban development push, stating that policy...

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JSW Cement Unveils ₹11000 Crore Expansion Plan to Boost Production Capacity to 41 Million Tonnes

JSW Cement has announced a major ₹11000 crore expansion plan to increase its production capacity from 20 to 41 million tonnes by 2028...

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Indian Cement Industry Set for Strong Expansion with Major Capacity Additions

Crisil reports that India’s cement industry is entering a major expansion cycle with 160 to 170 MT of new capacity planned between FY26...

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CREDAI and NAREDCO Urge RBI to Cut Repo Rate Below 5.5% to Boost Affordable Housing Demand

CREDAI and NAREDCO urge RBI to cut repo rate below 5.5% to boost affordable housing demand, homebuyer confidence, and real estate sector growth.

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GST Cut to Ease Cement Prices, Boost Construction Sector: India Ratings and Research

India Ratings and Research said GST rationalisation will reduce cement prices by ₹30-35 per 50 kg bag from September 22, easing construction costs....

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GST Cut on Cement, Construction Materials to Ease Costs, Boost Housing Demand

The GST Council’s decision to reduce tax rates on certain key construction inputs would ease project costs and thus improve housing affordability, industry...