As the sector accounts for 6-7% of India’s GDP and employs nearly 10-11% of population, Real estate developers’ body the National Association of Real Estate Developers Council has urged the government to focus on the demand of the developers. The pandemic has stalled all activities in the sector apart from disrupting the businesses across the […]
The NuOffice in Munich, to be completed by year’s end is a paragon for self-sustaining green construction. Born out of a collaboration between the Fraunhofer Institute for Building Physics and the European energy-efficiency project DIRECTION, the NuOffice surpasses all thresholds for LEED platinum status. The designers’ goal was to maximize the complex’s passive use of […]
Construction in Lethbridge, Canada – 04-07-2020 – 11:00: City to go ahead with CIP projects as scheduled City council voted against suspending funding for two previously approved Capital Improvement Plan projects, meaning the projects will begin construction this summer as scheduled. Construction in Solihull, UK – 04-07-2020 – 08:30: What Covid-19 means for long-awaited Kingshurst Parade plan […]
Most infrastructure companies make the bulk of their annual sales and new orders in the fourth quarter of a fiscal year. The pandemic and the subsequent nationwide lockdown in the country further added to the woes of these companies that have already been facing growth challenges. Mumbai: Indian infrastructure companies are likely to miss order […]
The Central government is working on a package to offer loans to state power distribution companies (DISCOMs) to help them clear dues of electricity generation plants to prevent blackouts as the projects face a severe liquidity crisis. The Union Ministry of Power is arranging loans from the Power Finance Corporation and REC to distribution companies […]