Amit Bhagat, Managing Director and CEO, ASK PIA believes that the direct real estate investments are not advisable due to not-so-liquid nature of investments. What is your overview of the realty sector? Close ended private equity funds with proven track record through cycles are best to op... Read more...
Amidst the pandemic, with cities under lockdown, people practising social distancing and professionals working from home, technology has become an essential part of our daily lives. It’s also helping accelerate the development and commercialization of several emerging technologies Technology has ... Read more...
Kunal Moktan, CEO and Co-Founder, PropShare Capital (propertyshare.in) shares points that can help make best use of corpus savings for better returns now. Why Commercial Real Estate is a good investment option today? The spread of Covid-19 worldwide has raised ambiguity about investm... Read more...
Though the government has allowed the resumption of construction activities at non-COVID hotspots of the district, developers say nothing has actually moved on the ground as only about 30 projects have managed to commence work and that too with a thin labour force. In the 250 real estate projects... Read more...
The Union Ministry of Defence inked a deal with Tata Power SED worth Rs 1,200 crore to modernise the infrastructure at 37 airfields for the Indian Air Force (IAF), Indian Navy and Indian Coast Guard (ICG). The proposal was approved by Defence Minister Rajnath Singh. The project is a turnkey proje... Read more...
Singapore said it is providing temporary relief for property developers hit by disruptions to construction and home sales due to the COVID-19 pandemic amid disrupted supply chains and manpower shortages. The measures include allowing developers to extend the completion time for projects and a relaxa... Read more...
Britain's construction sector suffered a record drop in activity during April as the coronavirus pandemic shut sites. On Wednesday, the closely-watched IHS Markit/CIPS UK construction purchasing managers' index showed a reading of only 8.2 in April, down from 39.3 in March and the lowest since recor... Read more...
JSW Steel produced 0.56 million tonne of crude steel in April, almost 60% lower year-on-year, with capacity utilisation falling 38% in the first full month of the covid-19 induced lockdown. India’s second largest private steelmaker produced 0.34 mt of flat steel products, used to build automotive ... Read more...
In another setback to the construction sector, which is reeling under the effect of the lockdown, cement manufactures hiked prices in the retail market by up to Rs 100 per bag. Hardware retailers dealing with cement in the city said leading brands have hiked the price of 53 grade cement bags, each w... Read more...
New York Governor Andrew Cuomo on Monday outlined a phased reopening of business activity in the state hardest hit by the COVID-19 pandemic, starting with select industries like construction and the least affected regions. Cuomo did not give a timeline, but the state's stay-at-home order is due t... Read more...
