Latest-Construction-News

Homebuying may soar as gross rental yield climbs to 3.62%

The report highlights significant growth in cities like Chennai and Delhi

Rs 60 Tn BPCL project to come up near Andhra port

Bharat Petroleum Corp. Ltd (BPCL) will establish the refinery and hub on 1,000 acres of land.

Container shippers hedging green transition with dual-fuel vessel orders

Decarbonising shipping is important to global efforts to fight climate change because it accounts for about 3% of GHG.

Rapido to soon launch airport pool taxis to Bengaluru airport

The idea is to make rides from the airport to the city more affordable by allowing passengers to share rides.

NCLT grants approval to capital reduction proposal of Mahindra Homes

The company has clarified that advances worth nearly Rs 2.14 billion received from homebuyers.

Telangana DISCOM Floats Tenders for 3 MW Solar Power Projects

The 2 MW project will be located in CESS Boinpally in Sircilla district.

Nippon Life India acquires office space for Rs 4.86 Bn in Mumbai

Company is planning to shift its HQ in this office spread over 52,162 sq ft.

Average home prices in cities at Rs 123 Mn in H1 FY25: Report

Mumbai metropolitan region saw no change in average ticket size in this period.

Mall operators to see revenue growth of 10-12% in FY25

Retail consumption growth of the malls is estimated to have moderated to 3-5%.

Himachal HC orders closure of 18 HPTDC loss making prime hotels

The court ordered that the MD of the HPTDC shall be responsible to ensure the enforcement.

Equity investments in real estate to cross $10-11 billion in 2024

The office sector witnessed a resurgence of inflows during January-September 2024.

Oil Prices Rise Amid Escalating Russia-Ukraine Tensions

Geopolitical Risks and Inventory Data Fuel Volatility in Oil Markets