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CREDAI to offer free homes to the families of Pulwama attack victims

The Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body in Indian real estate, has announced its intentions to offer free homes to the families of the victims of the heinous Pulwama terrorist attacks. These houses will be situated in the respective home cities or states of the martyrs. With the country still shocked in the aftermath of the horrific incident, CREDAI stated ...

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JK Cement to set up grinding unit in Balasinor, Gujarat

JK Cement laid the foundation of a grinding unit in Balasinor, Gujarat. Once fully operational, the unit will have a total output capacity of 0.7 MT annually. Balasinor is a small township, 87 kms from Ahmedabad, and marks the company’s foray into Gujarat. The plant, which will be spread over a total project area of over 8 hectares will be set up at a total project cost of Rs 200 crore. This is part of the ...

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5% GST without ITC – Impact on Buyers, Builders and Exchequer

The article is authored by Anuj Puri, chairman - ANAROCK Property Consultants. The keenly-awaited meeting of the Goods and Services Tax (GST) Council, which was supposed to deliver a final decision on the differential tax rates on real estate, hopes to reach a consensus on the 24th. This is a critical matter and the outcome will have a notable impact on real estate market sentiment. The levying of 5% GST (w ...

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Inspira Enterprise picks up significant stake in iRAM Technologies

Inspira Enterprise has announced its partnership with iRAM Technologies, specialised in smart street lighting and parking solutions based on the Internet of Things to develop convergent solutions for India's smart cities. Apart from infusing funds in the company, the stake sale will give iRAM access to Inspira Enterprise’s sales force and established relations with government verticals in the smart city spa ...

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“The most valuable asset in any building are the occupants”

Gaurav Burman, VP & APAC President, 75F, India, on how the company is disrupting the building systems industry by taking a fresh approach to HVAC, lighting and building controls. Brief background of how the company was started and the major milestones / achievements. Deepinder Singh founded 75F in 2012 in the US after he designed some of the world’s fastest core networks for Tier 1 service providers like AT ...

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Buying a home easier today as affordability improves across India: Knight Frank survey

In a recently concluded study by Knight Frank India, Mumbai showed maximum improvement in affordability since 2010. The report evaluates top eight markets of India, to assess the affordability of homes, and notes that affordability in other cities including the National Capital Region (NCR) and IT hubs of Bengaluru and Hyderabad have also seen an improvement. Knight Frank’s proprietary Affordability Index e ...

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JLL India launches residential brokerage business to tap into India’s growing housing sector

JLL has announced the launch of its residential brokerage business that will offer a bouquet of technology-enabled advisory and transaction services to home buyers and developers. Significantly boosting and complementing the firm’s extensive real estate capabilities, this bespoke business will be led by industry veteran Siva Krishnan who brings over two decades of experience, and has successfully advised an ...

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thyssenkrupp bags its first six m/s high-speed elevator project in India

thyssenkrupp announced its first project to install 6 m/s high-speed elevators in a 244 m, high-rise project – Ruparel Ariana, developed by Ruparel Realty, in Parel, Mumbai. thyssenkrupp will install nine elevators, seven units of TE-HP (high performance) 61, out of which five elevator units have a 6 m/s speed with 70 stops and a travel height of 244 m with Destination Selection Control (booster type) and t ...

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Voyants Solutions industrialises BIM workflows to design iconic station for Indian Railways

Voyants Solutions was selected to design an iconic new Gwalior Railway Station that would complement the existing station and attract tourism. The firm used BIM models and workflows to optimise building design and incorporate existing structures. Voyants Solutions designed a structure and development plan that specifically accommodated the challenging requirement of keeping the existing station fully operat ...

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India ranks third in the world for LEED green buildings

The US Green Building Council (USGBC), the creators of the LEED green building rating system, announced the annual top 10 countries and regions for LEED outside of the US. The list recognises markets that are using LEED to create healthier spaces for people, as well as use less energy and water, reduce carbon emissions and save money for families and businesses. India ranked third with more than 899 LEED-ce ...

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