Construction

Construction sector may need 2.5 lakh drone operators soon

Construction sector may need 2.5 lakh drone operators soon

The construction sector is the fastest-growing adopter of commercial drones, and is likely to require 2.5 lakh people with UAV (unmanned aerial vehicle) operating skills in the coming years, a report said. Highways, roads, bridges and housing will take the lead in the...

Boost in construction ups demand for skills training

Boost in construction ups demand for skills training

Amid the rising demand emanating from the real estate sector, the government has stepped up efforts to create a reservoir of technically skilled people to meeting demand of the construction and allied sectors. It has been decided that it is important that most fresh...

More focus on infra pushes labour cost in realty industry

More focus on infra pushes labour cost in realty industry

The Central government’s increased focus on infrastructure is one of the major reasons behind the rising labour cost in real estate industry, according to   industry experts. “In the last three years, the cost of labour had definitely increased in the range of...

Prefabricated construction to speed up real estate

Prefabricated construction to speed up real estate

Financial innovation is critical in the real estate sector but operational innovation around real estate is equally if not more important, says Taponeel Mukherjee, head of   Development Tracks, an infrastructure advisory firm. An innovative operational model in real...

Dry construction global market to grow at 5.95% CAGR by 2023

Dry construction global market to grow at 5.95% CAGR by 2023

A Market research report Global Dry Construction Market Research Report - Forecast to 2023 says Dry Construction is set to boom Dry Construction is a method that refers to the utilization of innovation to minimize the use of water and the impact of concrete/cement on...

Share of construction industry in GDP drops steadily

Share of construction industry in GDP drops steadily

A report says the share of construction in gross value added has been steadily falling. For the first half of the current fiscal, the share of construction in total value added in the economy was 7.86%—compare that to a share of 9.73% in the first half of 2011-12. For...

Latest News

TP schemes, affordable housing must: Vijay Rupani

Stressing on the need to build quality, safe and affordable houses for all, Gujarat Chief Minister Vijay Rupani has termed “affordable housing” as an essential requirement in the time to come. “The state government approved 100 town planning schemes in 2018. 400 TP...

Blackstone to pick up stake in two Indiabulls office assets

Private equity giant Blackstone Group has signed up with listed developer Indiabulls Real Estate Ltd to buy up to 50% stake in two commercial properties in Gurugram. In a stock-exchange filing, Indiabulls Real Estate said that it was parting with the stake at a...

Essex India to expand operations to more cities

Essex India, a Hyderabad-based prop-tech company aiming to disrupt home-buying and selling process in residential real estate market, plans to expand its operations to four cities in next six months. Essex, incubated out of Way2online, a leading marketing technology...

From the Blog

Why Indian real estate is turning attractive for NRIs

The depreciated rupee value is prompting a large number of NRIs to invest in the Indian realty market, writes Navneet Dubey. With rupee witnessing a major fall against the dollar in recent months, non-resident Indians (NRIs) have begun scouting for property buys in...

Making mini fortune by investing in flats

We all know somebody who has made a mini fortune by investing in a flat or residential plot at the right time, writes  Ashwini Kumar Sharma. Despite the usual ups and downs, there exists a deep rooted sense among Indian investors that residential property is a...