You are here:
Home
News

Cement sector performs poorly in August

Posted On Wednesday, September 08, 2010

A prolonged subdued demand for cement in South India is prompting regional manufacturers to migrate to the western states of Maharashtra and Gujarat It seems that a massive demand-supply mismatch is creating big-time troubles for domestic cement manufacturers, primarily the southern players. To make matters worse, an active South West monsoon further lowered the demand for the raw material as cons....

More
Rural infra gets a boost from NABARD

Posted On Friday, September 03, 2010

West Bengal and Karnataka recently received Rs 284.51 crore and Rs 90.12 crore, respectively, as grants from the National Bank for Agriculture and Rural Development In a bid to help rural India prosper, the National Bank for Agriculture and Rural Development (NABARD) has recently come out with a slew of proposals comprising NABARD Infrastructure Development Assistance (NIDA). NIDA, which focus....

More
Affordable housing wooing new entrants

Posted On Friday, September 03, 2010

Steady demand, coupled with decent margin is attracting more and more new developers to invest in affordable or low-cost housing segment Affordable housing, at present, is seen to be drawing more and more new developers who are keen to invest in this budding segment on account of the increasing demand for dwelling units in urban India. The country is suffering from a huge deficit of around 25 mill....

More
JLL releases ‘Project Risk Management’ report

Posted On Thursday, September 02, 2010

Implementation of project planning and monitoring processes at the outset is necessary for successful project execution Integral to any real estate development project, risks threaten the costing and timeline of projects and consequently impact project execution. Emphasising on this key aspect, international property advisory firm Jones Lang LaSalle (JLL) has released its recent report titled Proj....

More
Be prepared for global lease accounting changes, urges JLL

Posted On Friday, August 27, 2010

Jones Lang LaSalle highlights the impact of proposed lease accounting standards on the Asia-Pacific business sector Global real estate advisory firm Jones Lang LaSalle (JLL) is urging businesses across Asia-Pacific to prepare for dramatic proposed changes to global lease accounting standards with significant impacts predicted on real estate portfolios in the first year of the new regime.

The In....

More
Karnataka witnessing decline in rural-urban gap

Posted On Thursday, August 26, 2010

Despite a decline in rural-urban disparity in terms of education attainment, gender discrimination is very much prevalent in the rural areas With the declining rural-urban gap in Karnataka, its time for state administrators and policy makers to start emphasising on the poor in both urban and rural areas. According to a recent study on Rural-Urban Disparity in Karnataka, the village households ....

More
IFC plans big for Indian affordable housing market

Posted On Tuesday, August 24, 2010

Besides having a multiplier effect, affordable housing helps to trigger the national economic growth With the International Finance Corporation (IFC), a member of the World Bank Group, intending to develop big affordable housing projects in the country, the Indian real estate sector, low-cost housing segment in particular, has much to cheer. Till now, segments such as trade finance, micro-finance....

More
Amid controversies, CGF president Fennell visits India

Posted On Friday, August 20, 2010

Commonwealth Games Federation president visited Thyagaraj stadium on Wednesday morning and then left for Jawaharlal Nehru stadium to oversee preparations for the upcoming mega event to be held in the national capital Commonwealth Games (CWG) 2010 has attracted much hue and cry, with controversies looming large. With 45 days to go for CWG, Commonwealth Games Federation (CGF) president Michael F....

More
NCR to receive US$150 million aid

Posted On Monday, August 16, 2010

The fund would help in developing infrastructure facilities, attract private investors and encourage public-private partnerships in the national capital region The Asian Development Bank (ADB) has come forward to improve urban infrastructure in the national capital region (NCR), which is likely to witness a population spurt from the current 37 million (mn) to 64 mn by 2021.

A US$150-million fin....

More
Plan panel opposes NHAI’s proposal

Posted On Wednesday, August 11, 2010

The Planning Commission panel opines that the Rs 12-crore revised cost estimate, as proposed by National Highways Authority of India, is too high Of late, the cost of building four-lane highways has drawn contrasting opinions from the National Highways Authority of India (NHAI) and the Planning Commission. The reason: Recently, NHAI suggested raising building cost of each four-lane highway acr....

More
Karnataka aims at conserving iron ore, bans exports

Posted On Wednesday, August 11, 2010

The state government banned iron ore exports from 10 ports during last month and plans to extend the ban to other ports as well Indias second largest iron ore producing state Karnataka intends to put a blanket ban on the export of the raw material to facilitate the countryssteel manufacturers. Sectoral experts and analysts also opine that iron ore conservation is critical to increase Indias st....

More
Indo-Bangla connectivity gets a boost

Posted On Monday, August 09, 2010

Both Indian and Bangladesh governments agreed to construct a 13-km Agartala-Akhaurah connecting rail line to improve cross-border communication On the back of growing cooperation between India and Bangladesh, finance minister Pranab Mukherjee paid a 4-hour visit to Bangladesh last Saturday to witness the official signing of the US$1-billion loan that India has offered to its neighbour. The loa....

More
Crisil launches 8-point rating scale for realty projects

Posted On Monday, August 09, 2010

Around 70% of the people surveyed by Crisil said they would definitely prefer a rated project Home buyers, cheer up! Good news for you, get all credible information about your dream house now. Recently, Indias premier ratings organisation Crisil introduced an 8-point scale to gauge real estate projects constructed by developers in big cities. Consequently, this would solve the perennial problem ....

More