News articles tagged Construction Sector

Punjab Building and Other Construction Workers Welfare Board

The article elucidates the applicability, benefits, required documents, registration process, and potential penalties associated with the BOCW Act in Punjab.

Goa CM cuts infrastructure tax by 30% to revive real estate

Goa CM Pramod Savant announced a 30% infrastructure tax reduction for six months starting April 1, 2021, to revitalize the real estate sector and simplify double taxation issues.

Water Shortage Affects Realty Construction

Water shortages are impacting real estate construction, especially in urban areas. Increased costs for water are driving up property prices and potentially halting projects.

Green Norms to Be Eased For Real Estate Construction

Environment Ministry to ease green norms, paving the way for more high-rise buildings in cities, potentially boosting real estate construction.

Real Estate Sector Wants FM To Lower Costs Of Finance

Indian real estate players anticipate the Finance Minister's budget to lower construction finance costs, boost the sector, enable affordable housing, and expedite project clearances.

Steel Prices Register A Slow Down

SAIL has reduced steel product prices by Rs 1,000-1,500 per ton in response to global trends and decreasing demand due to the European financial crisis.

Renaissance of Realty Sector

Indian real estate is experiencing a resurgence due to increased construction, especially in affordable housing, and record-low home loan rates. This has led to renewed optimism among consumers, particularly in Tier II and Tier III cities.

TCI Consolidates

Transport Corporation of India Ltd has announced the consolidation of its real estate and warehousing activities into a newly formed company, TCI Developers Limited.

Lodha Developers among top 10 Builders

Lodha Developers Ltd. named among India's top ten builders by Construction World survey

Govt criticizes ASSOCHAM

Govt disputes Assocham's job loss forecast, cites domestic-driven economy