Tata Steel will seek board nod to raise Kalinganagar plant capacity to 8 MT
Tata Steel MD T.V. Narendran on expansion plans for Jamshedpur and Kalinganagar steel plants, and how steel can be sold like an FMCG product

Budget 2017 | Big picture on the changing tax landscape
Taxpayers are expecting the government to lower the corporate tax rates as well as individual tax rates, which will also foster increased compliance at all levels

L&T Q3 profit up 39% to Rs972 crore, revises FY17 guidance downward
L&T’s third quarter revenue from operations rises 1.4% to Rs. 26,286.98 crore from Rs. 25,928.07 crore

Government rules out any changes to the real estate Act at this stage
RERA is to be implemented from 1 May 2017, as proposed in the Act

Highway projects on an overdrive as NHAI raises Rs. 8,500 crore from LIC
NHAI needs to raise Rs 55,000 crore in the current financial year to fund its various highway projects

Property developers falling in line with new stringent realty law
The new realty law has stringent provisions, including imprisonment of as many as three years or heavy fines, for failing to comply with any of the directions of the Act

Steel demand revival hinges on PM Modi’s roads-to-rail spending push
A revival in steel consumption from the weakest estimated growth in at least 4 years hinges on government boosting spending on infrastructure, housing and road projects to absorb record output

Is the luxury housing market shrinking?
Developers are not only looking at different strategies to sell expensive homes but also watching the market before launching fresh inventory

Infrastructure has failed to keep pace with realty boom
The rapid realty boom in Chembur and Tilak Nagar has also put pressure on the infrastructure, leading to overcrowded streets.

Pradhan Mantri Awas Yojana: Broader interest subsidy a fillip for low-cost housing
After PM’s latest announcement, loans of up to Rs 9 lakh and Rs 12 lakh will now get interest subvention of 4% and 3%, respectively, against initial scheme providing loans of up to Rs 6 lakh at subsidised rate of 6.5%

PWD to bridge nine-inch gap on Lajpat Nagar flyover with plates
The gap — nearly nine inches wide — gives a clear view of the traffic running under the flyover, raising concerns over the safety of motorists plying on the flyover.

Government projects: Steel Ministry for usage of only India-made products
At a consultative committee meeting on Monday, he also said the ministry is exploring new avenues for usage of steel like steel bridges, containers, water tanks and crash barriers.

NGT freezes government move to ease construction norms

Shankara Building Products plans IPO launch in the next three months

Piramal Finance to start home loans in four months, eyes small corporate lending too
Piramal Finance also seeks to form a JV for slum redevelopment investments, lend to new sectors and begin housing finance in four months’ time

AMW Auto Component’s lenders, led by IDBI Bank, seek to sell the firm
The banks are looking at an enterprise valuation of about Rs. 900 crore for the auto parts firm AMW Auto Components

These 4 Sustainable Building Materials Can Make The “Concrete Jungle” a Thing of the Past!

Two Hyderabad entrepreneurs all set to help you build the perfect home!