Latest-Updates-On-Construction-Companies

MMR has the highest number of delayed housing projects

Delhi-NCR follows MMR in the highest number of delayed units

India-Germany sign MoUs during German Chancellor’s visit to India

MoUs signed for civil aviation, smart cities, skill development, sustainable growth, among others

Coal India to produce 1 bn tonne of coal by 2024

Coal & Mines Minister announces target on 45th Coal India Foundation Day

360 projects report cost overruns of Rs 3.88 tn

Average time overrun for 550 infra projects reported to be 39.24 months

ADB signs $190 million loan for Rajasthan road upgrade

754 km of state highways and major district roads to be upgraded in the state

FM announces $1.4-trillion spend on infrastructure

The move is a key component of India’s ambitious goal to become a $5 trillion economy by 2024

Government led reforms to boost hotels sector growth

Reduction in GST for premium and luxury hotels and significant cut in corporate tax.

NHAI directed to speed up project implementation, meet construction targets

Gadkari asks officials to re-shift focus from procedures to project delivery, and maintain targets of award and construction

RBI permitting banks to lend to InvITs positive

Now, with the availability of bank debt financing, InvIT issuances can further gain prominence, says ICRA

Construction quality and timeline need to be checked on

Dr Anup Wadhawan, Secretary, Ministry of Commerce & Industry, GoI, said at ICF 2019

We are planning Rs 14 trillion worth of investment in the next five years

Nagendra Nath Sinha, Chairman, NHAI, announced at the recently concluded India Construction Festival 2019

Wishing India Construction Festival to be a "singular success" -Narendra Modi, Honorable Prime Minister of India

I am pleased to learn that First Construction Council is organizing the India Construction Festival.