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Construction business in A’bad slows down by 40%: GICEA

The leading gold loan player is looking to open 130 branches in Gujarat from the current 115. If with acute shortage of skilled manpower was not enough, the construction industry…

September 26, 2011 / No Comment / Read More

Rising construction cost slowing real estate sector

Sharp rise in prices and interest rates have affected thereal estate sector adversely. According to a survey, the slowdown in the realty sector is likely to bring down its contribution…

September 8, 2011 / No Comment / Read More

Construction sector faces labour crunch as rural migration drops

There is a severe shortage of about 40 per cent skilled construction workers as government projects like the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and the National Rural Employment…

September 7, 2011 / No Comment / Read More

Cement prices may recover post-monsoon

With construction activity likely to pick up post-monsoon, cement prices are expected to recover. “We expect cement prices to recover after rains. With the construction activity expected to pick up…

August 23, 2011 / No Comment / Read More

BE Billimoria bags Rs 500 cr construction contract

High-rise construction specialist BE Billimoria & Co has bagged the contract to construct Noida-based developer Supertech’s flagship project, North Eye in Noida. The contract is worth Rs 500 crore to…

June 29, 2011 / No Comment / Read More

HC stays service tax on housing deals

The Bombay High Court has granted an interim stay on the service tax levied on buildings under construction. Admitting a Maharashtra Chamber of Housing Industries petition, a division bench comprising…

July 30, 2010 / No Comment / Read More
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