Steel ministry proposes scrap-based steel plants
The steel minister Chaudhary Birender Singh says the govt proposes to set up steel plants with scrap as the raw material, the initiative would result in saving of 65% of iron ore

External, infrastructure development charges
There are some charges that have to be compulsorily paid by all the home buyers. These include EDC and IDC

Renting may not be emotionally rewarding, but it is financially rewarding
There are few factors that can help you in deciding whether moving to a rented premises is a better option versus buying a property

Land monetisation picks up post RERA
Developers rush to monetise land parcels due to changing regulatory environment under RERA, piling debts and prolonged slowdown in the property market

Indian steel capacity to more than double by end of next decade
While the push for infrastructure will be the main driver for rising demand, the govt is also seeking to boost steel’s use in structures including pipes for drinking water

Steel: rising exports and low but steady domestic demand keep hopes alive
In the domestic market, how soon real estate and construction markets recover, and when private spending on infrastructure revives, are key imponderables to watch for

Nitish Kumar seconds Arun Jaitley on GST push for real estate
Bihar CM Nitish Kumar endorsed finance minister Arun Jaitley’s remarks that he saw a ‘strong case’ for bringing the real estate sector under the ambit of the GST

Value of stalled projects rises to a record Rs.13.22 trillion in September quarter
The number of stalled projects increased for the fifth straight quarter and accounted for more than 13% of total infrastructure projects under implementation

India’s infrastructure output grows 4.9% in August: Govt
The government data shows the infrastructure output grew 4.9% in August compared with a revised 2.6% year-on-year growth in July

Why rent agreements are usually of 11 months only
Most rent agreements are signed for 11 months so that they can avoid stamp duty and other charges

GST will reduce prices, consumers will be biggest beneficiaries: Narendra Modi
Prime Minister Narendra Modi says new law for consumer protection, with stricter provisions against misleading advertisements, is in the making

India slaps anti-dumping duty on some stainless steel imports
India imposes anti-dumping duty on some cold-rolled flat products of stainless steel from China, the US, South Korea and the EU, to curb the influx of cheaper imports

Cabinet approves Rs7 trillion road construction plan, including Bharatmala
The road construction push includes the Bharatmala Pariyojana with a Rs5.35 trillion outlay for 34,800km, NHAI to spend Rs1.57 trillion for 48,877km of roads

More Indians keen on investing in Dubai

Real estate: Foundation for a stronger future

Housing demand unlikely to revive in next 12-18 months

Digitalisation will help improve the viability of infrastructure projects

Affordable housing units launch surge 27%

Housing sales drop 35% in 8 cities due to slowdown in demand

Indians spent $112 mn in buying property overseas

Realty sector to have over 17 mn workforce by 2025: Report

Inclusion of real estate under GST may lead to greater transparency, more regulation: analysts

Cement demand remains weak as prices firm up

Real estate investment in 6 top cities doubles to $2.9 bn: Report

Corporates, funds home in on affordable housing

Share of non-housing loans on the rise for HFCs: ICRA

Housing sales dip 18% in 9 major cities

Housing ministry plans to allow residential projects in villages: Official

Tamil Nadu housing board plans Malaysia’s Petronas-like twin towers in Nandanam

Builders must pay interest for all delayed projects on their own: Consumer body

India may topple no. 2 Japan in crude steel production

Home launches reduce by 53% in Jul-Sept on GST & RERA implementation: Report

Tamil Nadu government to acquire 100 acres for Chennai airport expansion

Land acquisition to go digital, aims to cut verification time

New earthquake-resistant concrete to be tested in India

Over 73% of house paints found to have excessive lead: Study

Illegal sand mining meets 30% of demand in Tamil Nadu

Steely Resolve