Page 2 - Construction Industry

How L&T Construction could disrupt the realty space with 3D-printed houses

The company, which has 3D-printed a ground-plus-one building, plans to use the tech to improve speed and scale especially in the EWS space

India's secondary steel producers, trade see decline as China price falls

Motilal Oswal says demand for long steel has moderated, possibly weighed by weakened construction activity

L&T's construction arm receives multiple orders in domestic market

Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received multiple orders across its business segments in the domestic market. The company did not disclose the value of the contracts but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts. "The construction arm of L&T has secured (significant) orders from prestigious clients for its various businesses," L&T said in a regulatory filing. The company said its buildings and factories business has won an order from a reputed developer to construct an office space in Mumbai. The scope of the project includes construction of two towers comprising four basements, G+21 (ground + 21) floors with a built-up area of 33.50 lakh square feet. It has also won an order from the Haryana government to construct a Medical College at Jind. The scope of the project includes construction of a hospital .

Larsen & Toubro lowest bidder for Rishikesh-Karnaprayag railway project

The Heavy Civil Infrastructure business of L&T Construction has emerged as the lowest bidder for a Package 4 of new broad-gauge line between Rishikesh and Karnaprayag, sources privy to the development said.

Jain Housing raises Rs 175 crore from Apollo Global and Nippon Life

The company, which has been in constructing residential apartments and complexes for over 33 years, will use the proceeds to reduce its debts

JMC Projects bags building orders worth Rs 698 crore in south India

Engineering firm JMC Projects on Wednesday said it has bagged orders worth Rs 698 crore in the domestic market

Hindalco turns environment-harming product into a money-minting resource

The aluminium maker's breakthrough in regenerating red mud for the construction industry addresses a serious environmental concern

NS Ventures Implementing A New Normal For Construction Industry Amid COVID-19

Virtual Reality Technology that Bridges Buyer-Seller Gap In Real Estate business

Construction to resume, focus now on labour, raw materials and funds

Not all companies to gain. while those in hotspots will remain shut, industry feels relaxation applies only to open-air work, not underground or tunnelling operations

Stubble burning, construction waste still a major concern: Economic Survey

Agriculture crop residue burning as well as construction and demolition waste continues to be major concerns, the Economic Survey said on Friday adding that Delhi's public-private-partnership model in construction-related waste management should be replicated by other states and cities. Emphasising on the need to use recycled products in construction, the Survey lauded the Delhi public-private-partnership (PPP) model in construction and demolition (C&D) waste management as it supports the Swachch Bharat Mission and supporting the Sustainable Development Goals. "Burning of agricultural residues, leading to rise in pollutant levels and deterioration of air quality, is still a major concern though the total number of burning events recorded reduced due to various efforts taken," the Survey said. However, continuation of this practice by farmers is reported every year starting winter and serious concerns about its impact on air quality are raised, it said. About 178 million tonnes of .

India's manufacturing capacity utilisation declines to the lowest ever

Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019

$14 bn loans to builders under severe stress, may result in default: Report

"Over 62% or about $58 billion of the total loan advances ($93 billion) to Indian real estate by banks and NBFCs/HFCs is currently completely stress-free," Anarock said in a statement

Letter to BS: Rs 25,000 crore realty corpus is a game changing move

Corpus announced by the government can help in the recovery of economy

Realty revival: IBC, Rera may need tweaking for booster shot to take effect

In September, Finance Minister Nirmala Sitharaman had announced the Special Window fund but projects in the NCLT or those dubbed NPAs had been kept out of its ambit

SC rules property transfers done through Power of Attorney won't be valid

Going by the judgement, if the PoA holder resells the property to someone else, the transfer will actually be between the original owner and the new buyer

Govt considers making technical textiles must for ministries to boost jobs

Technical textiles are functional fabrics used in multiple industries such as automobile, construction, and agriculture

Sweeteners in build-operate-transfer scheme to attract foreign investors

Such an amendment is being considered to attract international participation in the sector

Gopal Sarma & Deepak Jain: Construction in the time of crisis

Claims takeout funds and interest subvention can shore up construction companies challenged by massive unpaid claims