Steel & Construction Update: August 2017

Andhra Pradesh, Telangana look plans to digitise land deals with blockchain
Andhra Pradesh, Telangana are exploring a switch to blockchain technology to record land deals digitally, bring transparency to a system that is rife with fraud

Developers fear restrictions under RERA could impact sales
From 1 August, developers of commercial and residential properties can sell only projects that have a registration number under the Real Estate Act

Housing inventory dips
Pockets such as the National Capital Region may take longer than the rest of the country to recover from the burden placed by high inventory on prices

Indians second largest buyers of Central London property
South-east Asians accounted for 36% of property sales in Central London in the year to August, followed by Indians at 22% and West Asia 21%, as per London Central Portfolio’s latest sales audit

Need supply side solutions to solve the household finance problem in India
Indian households rely heavily on gold and real estate, are under-insured, have very little pension corpus build-up, and take home mortgages much later in life

Makeover for Varanasi drives steel recovery in India
Varanasi is one of the 100 places earmarked to get an upgrade under the Smart Cities project, which could lead India to triple its steel production by 2030

What the sand mining ban means for cement companies
Lower availability of sand would halt or slow construction activities, having a cascading impact on cement demand

Home sales up only 6% in June quarter, unsold residential stock further rises: report
According to the Liases Foras Real Estate report, Mumbai Metropolitan Region recorded maximum rise in home sales in June quarter and unsold residential stock grew 3%

Build it and they will come
The Golden Quadrilateral project shows how investment in transport infrastructure has shaped spatial development and improved allocative efficiency in India

House panel raps States for diluting RERA

Tamil Nadu govt notifies RERA

RBI rate cut will boost housing demand, say realty sector players

RERA effect: Home segment gets 54% of realty funds in H1

Real estate development council meet to focus on affordable housing

322 infrastructure projects see cost overrun of Rs. 1.71 lakh cr: Report

With prices cooling, land deals are on the rise

Indian real estate likely to attract $7 billion investments in 2017: Report

Bangalore, Chennai, Pune micro-markets office rentals up 8-17% in Q2: Report

Private developers to tap affordable housing policy push

Commercial realty buyer can drag company to bankruptcy court

CMDA takes stock of expansion of Chennai Metropolitan Area limits

Govt sanctions over 2.17 lakh houses for urban poor

Odisha to go cashless in land registration from September 1

Home inventory drops to 10-quarter low as sales improve

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