The Maharashtra Building and Other Construction Workers Welfare Board offers various support programs, online registration, and welfare schemes to benefit construction workers in the state.
In 2016, Bengaluru faced a 28% deficiency in office space supply despite high demand from the IT sector and e-commerce companies. CBRE predicts a shorter supply for the year.
Private equity investment in Indian real estate and infrastructure witnessed a decline last year, according to a Grant Thornton report. However, there is optimism for increased investment in 2023.
Spice Global, led by Bhupendra Kumar Modi, is entering the hospital and real estate sectors with the Saket City Hospital set to open by 2014, aiming to expand across India.
Private equity investors are shifting focus from traditional sectors like real estate and financial services to emerging sectors like education, healthcare, and infrastructure due to their growth potential.
The Chandigarh-based Alchemist Group is investing Rs 1,300 crore in the hospitality sector over the next two years, including fine dining restaurants and quick service chains.
The Indian real estate sector is evolving, requiring a diverse skill set to support its growth in sustainable development and specialized infrastructure needs.
Piya Charitable Trust, Chandigarh, provides free primary education, healthcare, and vocational training to 180 children of construction workers in Zirakpur, Panchkula, and Silver City.
Rakindo Developers Pvt Ltd is launching Kovai Hills, an integrated township in Coimbatore, with an investment of Rs 6,000 crore, featuring luxurious villas and world-class amenities.