The government’s SWAMIH Fund has already sanctioned INR 12,079 Cr for over 81,000 units across 123 projects in the country
Category: Construction
ANAROCK Property Consultants' Land Services division today announced the successful closure of a joint development deal for 72 acres in Kolkata's Rajarhat, between Satyaa Homes and Ambuja Neotia Group
On an average, 1/3rd of the overall project cost a real estate developer incurs in Mumbai goes towards various premiums. In one notable case, for a plot of land valued at INR 5 crore in Bandra, the developer had to pay premiums to the tune of approx. INR 6 crore to the BMC.
‘A Blueprint for Modern Infrastructure Delivery’, authored by international construction and consultancy company, Mace, finds that by 2030 India will be spending US$500 billion (over 37 trillion) a year to accommodate its rapidly expanding population.
Hyderabad, Kolkata and NCR saw their new supply increase by 45%, 24% and 10% respectively during the period. The affordable and mid segments (priced up to INR 80 Lakh) comprised over 72% share (approx. 23,290 units) of the total new supply between July-Sept.
~ 4.66 Lakh Homes Scheduled for 2020 Delivery May Miss Deadline
If not for COVID-19, the top 7 cities were to see the delivery of nearly 4.66 lakh units by 2020-end. Launched after 2013, many of the projects were in the final leg of completion
Relief to construction sector as the Indian government permits activity to resume in non-COVID-19 hotspots, that follow strict social guidelines.
Real estate developers, urban planners, architects, Government bodies, and homebuyers need to work together for a better environment for future generations.
The Union Budget 2019-20 budget had a few hits and misses for real estate, but infrastructure and affordable housing under the PMAY scheme got a boost.
- Indian façade industry worth INR 15,000 Cr, growing 20% annually; global façade market to reach USD 340 billion by 2024
- Fenestration and curtain wall industry pegged at INR 10,000 Cr – 65% share by fenestration, 35% by curtain walls
- Sustainable, eco-friendly façade products now an industry imperative
New Delhi, 22 February 2019: Sustainable and eco-friendly façade developments focused on energy conservation and reduced dependency on fossil fuels are the new imperative of the rapidly-growing façade and fenestration industry, states ANAROCK’s Fenestration Industry Report.
The report, in association with World of Fenestration, was released at the World of Fenestration 2019 event in New Delhi today.
Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants says, “Rapid real estate and infrastructure development in India directly impact the demand for façade and fenestration products, particularly in office spaces. Our cities are going increasingly vertical, and vertical development created heat islands which environmentally unfriendly products exacerbate. Moreover, eco-friendly façade and fenestration products promote officegoers’ wellbeing and productivity.”
“The quest for creating iconic office structures plays heavily on façades and fenestration to evoke a modern aesthetic ethos.