New Delhi, April 17 (IANS) India’s construction market, currently valued at $685 billion in 2025, is projected to touch $1.2 trillion by 2034 at a CAGR of 6.9 per cent driven by sustained infrastructure investments and urban development, a report said on Friday.The report from Savills India and Hotelivate said that demand for offices remains robust, driven by GCC expansion and occupier preference for Grade-A, sustainable workspaces. Construction costs rose by 6.4 per cent–7.6 per cent, large…
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New Delhi, March 31 (IANS) The National Council for Cement and Building Materials (NCB) has signed a memorandum of understanding with Delhi Technological University (DTU) to strengthen research–academia collaboration and skill development in the domestic cement and construction sector, an official statement said on Tuesday.The collaboration will promote joint research and innovation in cement and concrete technologies, provide training opportunities for students, professionals and stakeholders…
New Delhi, March 24 (IANS) India’s construction industry is likely to see a 3–5 per cent rise in costs across asset classes in 2026 amid rise in labour costs and higher metal prices, a report said on Tuesday.Developers who embrace workforce formalisation, leverage GST savings strategically, and invest in technology adoption will emerge as leaders in this dynamic landscape, the report noted.The report from real estate services firm JLL said material costs showed mixed trend in 2025 as cement,…
New Delhi, Feb 7 (IANS) As part of a conscious effort by the ruling Bharatiya Janata Party (BJP), state unit leaders on Saturday continued to disseminate the finer details of the Union Budget with Delhi Minister Kapil Mishra hailing the Union Budget for its focus on Creative Economy. “For the first time, special focus has been given to the Creative Economy (Orange Economy) in the budget. Our content creators are the soft power of the nation. New avenues have been opened for them in digital infra…
New Delhi, Jan 8 (IANS) The government-backed SWAMIH Investment Fund is expected to deliver more than one lakh homes across the country, providing much-needed relief to over four lakh people who were stuck in long-delayed housing projects, Ministry of Finance said on Thursday.The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund was launched in November 2019 after approval by the Union Cabinet chaired by Prime Minister Narendra Modi.The initiative was created to provi…
Mumbai, Dec 29 (IANS) Actor Allu Sirish on Monday announced that he will be tying the knot with his fiancee Nayanika Reddy on March 6, the same day his brother Allu Arjun tied the knot with Sneha Reddy. Sirish took to Instagram to make the announcement via a viral reel featuring him alongside his nieces and nephews.Speaking about the coincidence, Allu Sirish said, “When our wedding dates were being arrived at as per charts and kundalis, we were given two favorable dates – 25 Feb end and March …