Page 5 - Construction Sector

Real estate players seek more sops from govt to tide over Covid-19 crisis

Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now

Covid-19 impact: Housing sales down 67% in April-June, says PropEquity

The supply of new units also dropped by 81% during the period to 11,967.

Rates for construction finance rise; LRD down as banks turn averse to lend

Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year

Investments in construction sector to see 12-16% dip in FY21: Crisil report

The decline in investment factors in lower capex by central and state governments due to diversion of funds towards healthcare, public welfare and social obligations

Statsguru: Economy was in grips of a slowdown even before Covid-19 hit

Manufacturing is weakening, as is the job-generating construction sector

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion, says India Ratings

Credit costs could touch Rs 2.7 trillion

Reality of realty post-Covid-19: Here're factors that may impact growth

With the Covid crisis continuing to wreak havoc in the market, its short-term impact in the coming 6-12 months is likely to be quite a dampener for the recovery of the real estate sector

Covid-19: On-site construction labourers turn weary of Mumbai's lockdown

Anxious, home-sick and with monsoons approaching, labourers want to return home

LafargeHolcim first-quarter profit falls 14% as Covid-19 hits construction

The world's biggest cement maker says its sales fell 11.2% to 5.29 billion Swiss francs ($5.42 billion), from 5.96 billion francs a year earlier

Covid-19: Order inflow a concern for capital goods, construction companies

In a two-part series, Business Standard takes stock of order books of infrastructure companies and whether they will be able to withstand the lockdown-induced economic slowdown

Lockdown 2.0: Our targets for project award won't decline, says Gadkari

In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner

Lockdown 2.0: Some respite for construction firms, but road ahead is long

Companies with stronger balance sheet and early cycle plays like L&T, J Kumar Infra, IRB Infra, Sadbhav Engineering and NCC though may be considered on dips, say analysts

IOC, BPCL restart project-work after relaxation of Covid-19 lockdown norms

IOC said it has resumed work on 64 select projects with a combined allocation of about Rs 21,375 crore

European EPC major A&M Group enters India in JV with Oberoi Group

The joint venture Oberoi-A&M Infra-Consortium will also handle the Saarc operations of the European group

Cement, paint, pipes: Will construction relaxation aid these sectors?

With the demand likely to remain tepid even after the lockdown is lifted, analysts suggest picking stocks from long-term perspective and focus on firms with low debt levels and a healthy order book

The job protection diktat

Govt must pay for a part of the wage cost

Who owns what: Portfolio of developers who could bear brunt of lockdown

Office property segment is expected to fare better compared with others, though new leasing is expected to come down sharply. Hotels are also expected to see sharp drop in revenues.

Covid-19: Construction in major centres halts, project delivery to worsen

Experts say things have come to a standstill and that it will take at least 3-4 months for the work to even begin

Covid-19: Govt directs states to transfer cash to construction workers

Last date for annual filing of returns under labour laws for employers deferred till April 30

Real estate and infrastructure drove buyouts in 2019, says report

In 2019 , buyouts in real estate and infra were $11.6 billion while in other assets it stood at $4.6 billion