Steel & Construction Update: September 2017

Pre-GST goods can be sold till 31 December: Ram Vilas Paswan
As several companies and traders have huge unsold stocks of pre-GST goods, the government extended the deadline to sell them by three months till December-end

Govt mulls Rs10 trillion public financing for infrastructure projects
Transport minister Nitin Gadkari says the government plans to raise the money in tranches of Rs10,000 crores by selling 10-year bonds at a coupon of 7.25-7.75%

Infrastructure firms cash in on higher risk appetite in equity markets
Apart from new orders in infrastructure, efforts by the government to make infrastructure projects financially viable are paying off

Why you should use the RERA website before buying property
The website for Real Estate Regulation Act (RERA) has all details of real estate projects. Here is how you can use it

India trumps Hong Kong as no. 1 for home-price gains in Asia
Investing in India’s residential market returned 70% in the five years through June, compared with 65% for Hong Kong, Knight Frank’s global house price index showed

India puts Myanmar highway project on the fast track
The Punj Lloyd-Varaha Infra joint venture has won the contract for the India-Myanmar-Thailand highway during PM Narendra Modi’s maiden Myanmar visit

RERA effect: Developers rush to sell ready-to-move-in properties
Ready apartments are easier to market as they are out of the purview of RERA and GST

Bullet train deadline advanced to 2022: Piyush Goyal
New railway minister Piyush Goyal says India and Japan have decided to advance the Ahmedabad-Mumbai bullet train project from 2023 to 2022

How B2B firms can achieve digital potential
Seven action points for chief executives of business-to-business companies to counter the common myths on the path to digital transformation

National Housing Bank looks to cap loans advanced by housing finance companies
National Housing Bank’s move comes in the wake of sluggish growth and an increase in stress over the past few years

Bank loans for builders’ under-construction projects decline in last 4 years: report
Investments from private equity funds and NBFCs into real estate developers’ under-construction projects rose in the last four years, a KPMG report said

Iron ore comes under fire
A prolonged stretch of declining prices suggests this could continue for some time, which can then become a worry as lower iron ore prices lead to weaker steel prices

Why rising imports don’t pose a threat to steelmakers yet
Indian steel mills are in a good position as their realizations have improved and consumption is trending up

Bengaluru sees 23% drop in new launches

Developers, global funds renew interest in SEZs

62% of new launches in H1 2017 were in affordable segment: Report

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

Buyers overlooking freebies while looking at properties

PE investment in realty to exceed $4 b in 2017: Knight Frank report

Ground reality

Realtors bullish on festival season

Bulk of family wealth in India still tied to real estate: RBI report

Few RERA offices, portals may hit home loans disbursal

Builders’ association wants GST exemption for government projects

Insolvency cases may hit home financiers

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