HomeNews

Appetite for land acquisition continues unabated

According to property consultant Anarock, the appetite for land acquisition continues unabated for developers and other entities in the post-COVID world. Real estate market has witnessed at least 28 land deals, including outright purchases...

Dholera greenfield industrial city phase 1 almost ready

The first phase of the project spanning 22.5 sqkm  of Dholera Industrial City, located around 110 km southwest of Ahmedabad on the western coast, encompassing 22 villages and the Dholera taluka, and part of...

NMA finalises 101 Heritage By-Laws in 3 years

National Monuments Authority (NMA), has made a record number of 101 Heritage By Laws during the covid period (from 2019 onwards), covering a total of 126 centrally protected monuments. This is in comparison to...

Live presentation of the Royal Gold Medal to Balkrishna Doshi on 15th June

Presentation of the 2022 Royal Gold Medal to Balkrishna Doshi, will be held live from Ahmedabad and London on 15th June. Earlier this month, Pritzker Prize winner Balkrishna Doshi was conferred with prestigious Royal...

Swachh Survekshan 2023 aims at garbage free cities

The eighth edition of Swachh Survekshan (SS) – SS 2023 under Swachh Bharat Mission Urban 2.0 has been launched with the theme of ‘Waste to Wealth’ as its driving philosophy. SS 2023 is curated...

EESL’s entry into B2C may impact small-medium players

According to some analysts, Energy Efficiency Services Ltd’s proposed entry into retail segment may have some impact on pricing pressure for small-medium players. However, the industry doesn’t expect any material impact on larger players...

Housing price increases by 11% in Q1

According to a joint report by CREDAI, Colliers and Liases Foras, housing prices increased by up to 11 percent annually across eight major cities during the January-March period of this year due to a...

Government plans 62-storey high-rise for navy

A 62-storey skyscraper is planned in Mumbai’s Colaba, one of India’s most expensive neighbourhoods to accommodate the navy officials. According to the available reports, the government is in the final stages of awarding the...

Anangtal step well to be cleaned & beautified

Cleaning and beautification of Anangtal, an 11th CE monument resurrected, will be taken up this week by DDA. This assurance was given by DDA Vice Chairman Shri Mukesh Gupta,  who visited the grand water...

Cooling items in hot demand, says Croma report

Record breaking summer temperature this year has resulted in record breaking sales for cooling equipment. According to Croma report, ‘Unboxed Summer 2022’, the demand for cooling products such as refrigerators, air conditioners, coolers and...

Professional movements in building material industry

Though building material prices are at an alarmingly high level it doesn’t seem to have any impact at the ground level, including professional movements in the industry. Given below are some of the professional...

Upturn in interest cycle unlikely to impact realty demand

If the past trends are any indication, upturn in interest cycle is unlikely to have any impact on the demand in real estate sector. According to real estate analysts, urbanization is still low in...

These braces can improve earthquake resistance of structures

Researchers have developed low-cost buckling-restrained braces that can give improved protection to constructions from earthquakes. These braces have several advantages, such as all-steel components, onsite fabrication and assembling process, post-earthquake inspection, and easy replacement. The...

Government owned EESL plans major retail push

State-run Energy Efficiency Services Ltd (EESL) plans to increase its presence in the business-to-consumer (B2C) retail space through offline and online channels, with products such as smart bulbs, inverter bulbs, energy efficient ACs, fans...

A nontoxic glue for plywood – from glucose, citric acid

The go-to materials for building home furniture, décor and floors are composite wood products that come in large sheets. But the glues and resins holding together particleboard, fiberboard and plywood usually contain formaldehyde and...

Lion sculpture found during excavation for Puri heritage corridor

A sculpture of a lion was found during excavation for the controversial heritage corridor project in Puri. The incident has prompted the Archaeological Survey of India (ASI) to rush a team to the spot...

Nucleus Office Parks has the largest LEED v4.1 certified office portfolio in India

With nine assets receiving LEED certifications, Nucleus Office Parks, the operating platform for Blackstone Real Estate’s wholly owned offices in India, is now the country’s largest office portfolio to have received Leadership in Energy...

Lockdown in Covid-hit China may affect Indian AC industry

It has been a smooth sailing for the Indian AC industry this season so far but the lockdown in Covid-hit China may play a spoilsport, say industry sources. Complete shutdown of industries in China...

Inauguration of amenities at Kanheri Caves

The Union Minister for Tourism and Culture Shri G Kishan Reddy, inaugurated various amenities at the Kanheri Caves on the occasion of Buddha Purnima. Located in the Sanjay Gandhi National Park in Borivali, Mumbai,...

12th edition of INDIAWOOD to be held in June

The 12th edition of INDIAWOOD organised by NuernbergMesse India will be held from 2nd - 6th June, 2022 in Bengaluru. With country pavilions from Germany, USA, Canada, Turkey, Malaysia, Finland, Estonia, Taiwan, Gabon amongst...

New terminal at Jabalpur airport to reflect local art and culture

The proposed new terminal building at Jabalpur airport will welcome the passengers with glimpses of vibrant Gond Paintings, local handicrafts, murals and popular tourist destinations of Madhya Pradesh. The state government had handed over...

Net Zero Buddhist culture and heritage centre planned in Lumbini

A unique centre for Buddhist Culture and Heritage within the Lumbini Monastic Zone during in Lumbini will be constructed and "Shilanyas” ceremony for the same will be held today. The Prime Minister, Mr Narendra...

National Museum to celebrate International Museum Day 2022

Beginning today, the National Museum is offering a mixed bag of online and offline activities and events, designed for both young and adults, during the next five days as part of International Museum Day...

Professional movements in urban planning sector

Urban design, environment engineering, climate change and geoinformatics are the current hot topics and also the areas where most of the recruitments are happening. Here is the list of professional movements in those areas...

WeWork signs deal with Bhutani Group for Alphathum, Noida

WeWork India, India's leading flexible workspace provider, has signed its largest expansion deal to date with renowned real estate developer Bhutani Group wherein WeWork will take up the entire tower comprising 25 leasable floors...

Logistic issues halt home textile exports surge

Most of Indian home textile exports are USA which is facing supply-chain disruption problems on account of US Truckers issue. Adding fuel to the fire is the ocean freight costs which have tripled in...

Lodhas & 2 global investors plan digital infrastructure platform

Real estate developer, Lodha, in partnership with Bain Capital and Ivanhoé Cambridge will develop a next-generation green digital infrastructure platform. The platform will establish a pan-India presence in the digital infrastructure space that includes...

Housing demand will be unaffected by rising prices, interest rates: Report

According to CRISIL Research, the momentum in housing demand across India’s top six cities is expected to continue this fiscal and grow 5-10% despite rising property prices, interest rates and a high-base effect. The...

This centre for excellence gives hospitality inspired look

The Centre for Excellence (CoE), Gartner's largest office globally has been designed by Space Matrix, a leading multinational workplace design and building consultancy, to ensure a workspace that offers a perfect mix of collaborative...

Architect Balkrishna Doshi Conferred with prestigious Royal Gold Medal

Pritzker Prize winning Ahmedabad-based acclaimed architect Balkrishna Vithaldas Doshi was yesterday conferred with the Royal Gold Medal 2022, one of the world’s highest honours for architecture. Thus, BV Doshi became one of the rare...

HC verdict on GST may reduce tax outgo for buyers

Gujarat High Court’s last week’s ruling that the actual value of land should be deducted before levying GST on under-construction flats is likely to reduce the tax outgo for homebuyers, provided the contractual arrangement...

Geopolitical tensions may affect new MDF projects

The ongoing war between Russia and Ukraine may also affect the implementation new projects for manufacturing MDF, say some manufacturers in the wood panel industry. This may be beneficial for the existing manufacturers in...

ASI fears damage to Puri Jagannath temple

The ongoing Puri Heritage Corridor construction work might have caused damage to the 800-year-old Jagannath Temple, the Archaeological Survey of India (ASI) informed the Orissa High Court yesterday. ASI also said that the state...

Macrotech targets to deliver 10,000 housing units in 22-23

Realty firm Macrotech Developers has set a target of delivering 10,000 homes by next March for which the company will invest Rs 3,800 crore this fiscal year on the construction of its various ongoing...

Some AC manufacturers face supply chain constraints

Though the demand for RACs remain all-time high, several brands, especially the import dependent brands, are witnessing supply side constraints. However, industry experts feel this would have long term positive impact on the industry...

Elevated cement price is affecting demand in some regions

Continued increase in cement price may affect the demand for the commodity in May and may force the industry to rollback the price hikes. The cement manufacturers have gone for another hike in May...

Professional movements in architecture and design sectors

This is the season when lot of recruitment and shuffling takes in architecture and design sector. Here is the list of recent professional movement in architecture and design fields in recent months. Ar. Gagan Sharma ...

Tata Realty leases 1.56 lakh sq ft office space in Gurugram

Tata Realty and Infrastructure Ltd (TRIL), a 100 per cent subsidiary of Tata Sons Pvt Ltd, has leased over 1,56,000 square feet in its commercial projects at Gurugram in Haryana to Johnson Controls and...

Scaling back CO2 emissions with gratitude

“Gratitude Eco-Villa”, designed by Architect Trupti Doshi, a widely known sustainability skilled, is part of the mission that makes use of supplies, local weather particular passive design, and sensible development methodologies to create a...

World’s largest elevator installed in Mumbai

World's largest passenger lift, which can carry over 200 people at a go has been installed at the Jio World Centre in Mumbai. The 5-stop and 16-tonne elevator installed at Jio World Centre (JWC),...

Dalmia Bharat, FLSmidth join hands to develop more sustainability solutions

Dalmia Cement (Bharat) Ltd, a subsidiary of Dalmia Bharat Limited, and FLSmidth & Co. A/S, a major supplier of engineering, equipment and service solutions to the global mining and cement industries, have signed an...

Switch over to water based AC in Mumbai suggested

According to JLL India’s research report, conversion of air-based centralised cooling systems in prime office buildings in Mumbai to water-based air-conditioning can lead to savings of Rs 175 crore in electricity bills annually. Mumbai's Grade...

Cement Most Vulnerable to Climate Risk Among Building Materials

According to Fitch Ratings, cement production is the segment of the building materials and construction sector most vulnerable to long-term climate risks due to large, direct, hard-to-abate carbon emissions that require expensive decarbonisation technologies. Other...

4 tonne weighing sword for Kempegowda statue in Bangalore

Work on 108-feet tall statue of Kempegowda at the Bangalore International Airport has gained pace with the arrival of 35-feet long sword weighing 4000 kg from Delhi. The giant sword arrived in a special...

Fresh housing supply rises 43 pc in to 80k units in Jan-Mar

Indicating the revival in the demand for residential properties, fresh housing supply rose 43 per cent quarter-on-quarter across six cities during January-March to around 80,000 units, according to Square Yards, a technology-led real estate...

Trichy to get new energy efficient airport terminal

Airports Authority of India has undertaken the expansion work of Trichy Airport which includes Construction of a New Integrated Passenger Terminal Building, a new Apron, Air Traffic Control (ATC) Tower, and upgradation of Air...

India reiterates its commitment to go net zero

India has reiterated its commitment to environmental and climate causes and the Union Minister of State (Independent Charge) Science & Technology Dr Jitendra Singh pointed out the recent launching of the National Hydrogen Energy...

Macrotech in talks with investors for industrial park funding platform

According to media reports, realty major Macrotech Developers is in an advanced stage of discussion with two global investors to set up a platform that will invest more than USD 1 billion to develop...

Office demand in India to remain strong: Report

According to an equity research report by Jefferies, office demand in India will remain strong despite the continuation of work from home practice by several companies. The 99% collection efficiency reported during 2020-21 reflects...

Cement prices set to rise further

After remaining relatively calm in March, cement prices went up in April and are set for another hike in May. April saw Rs 10-50 per bag hike in various markets and interestingly, there was...

Professional movements in real estate sector

With demand recovery sustaining against heavy odds, real estate industry is seeing some high level shuffling in recent months. Here is the list of professional movements in the real estate sector in recent weeks. Rao...

Indian real estate market to grow to Rs 65k crore by 2040: CIRIL

According to property consultancy firm CIRIL, Indian real estate market is expected to grow to Rs 65,000 crore (USD 9.3 billion) by 2040. In 2019, the size of the real estate market was Rs...

Godrej Properties acquires 58 acres land in Nagpur

Godrej Properties Ltd, one of India’s leading real estate developers, has announced the acquisition of 58 acres of land in Nagpur. The development on this land will comprise primarily of plotted residential units and...

3-day National Conclave on ‘Gender and Disability Inclusion in Indian Cities’

A 3-day National Conclave on ‘Gender and Disability Inclusion in Indian Cities’ will be held from today at India Habitat Centre, New Delhi. Three-day workshop aims to mainstream gender and disability inclusion in the...

‘Olympic City’ planned around Noida Airport

If the proposed Master Plan-2041 presented to the Board of the Yamuna Expressway Industrial Development Authority (YEIDA) becomes a reality then the region surrounding the Noida International Airport will soon have a 500 hectare...

Commercial Real Estate absorption to grow to 26.8msf in CY22

According to an equity research report prepared by ICICI Securities, India’s office space net absorption is expected to rise from April 2022 onwards and is estimated clock net absorption of 26.8msf in CY22 and...

Recent trade agreements to boost home textile exports

According to analysts, trade agreements which the government has entered into with some countries in recent months will help the home textile industry to boost its exports in the coming years. Recently, India signed...

19 companies file applications for PLI Scheme for White Goods in Round 2

19 companies have filed applications for Production Linked Incentive (PLI) Scheme for White Goods (ACs and LED Lights) in the 2nd Round of Applications with committed investments of Rs 1,548 crore. This includes 8...

HUDCO completes 52 years

The Housing and Urban Development Corporation Ltd. (HUDCO) which was set up in 1970, has traversed a long journey during these 52 years with a Pan-India network of 21 regional offices and 11 development...

Monthly rent in Delhi-NCR’s high street retail locations rises   

According to Cushman & Wakefield, monthly rentals in Delhi-NCR's high street retail locations, including Khan Market and Connaught Place, increased by up to 5.6 per cent during January-March period as compared to the previous...

Exports of ceramics and glassware products touch USD 3.5 bn in FY22

Exports of ceramics and glassware products touched a record USD 3.5 billion in 2021-22, the commerce ministry said on Sunday. It said the exports rose because of increase in shipments of ceramic tiles and...

Cement prices are set to climb another Rs 25-50: CRISIL

After rising to Rs 390 per bag over the past 12 months, domestic cement prices are set to climb another Rs 25-50 across regions in April as manufacturers start passing on rising costs due...

AICTE, IPA to introduce plumbing education in architecture institutions

The All India Council of Technical Education (AICTE) last week signed a pact with the Indian Plumbing Association (IPA) to introduce a course in plumbing in engineering and architecture institutions across India. The MoU...

UNESCO indefinitely postpones planned world heritage meeting in Russia

UNESCO has decided to indefinitely postpone a meeting of the World Heritage Committee that was scheduled to be held in June in Russia. The 45th annual meeting of the organisation’s World Heritage Committee was...

Professional movements in building materials industry

Soaring prices of building materials in recent months has neither affected its demand nor the professional movements in the industry. Here is the list of some professional movements in building materials industry in recent...

ICRA revises FY23 residential real estate outlook to Stable from Negative

Credit rating agency ICRA has revised the FY23 outlook for residential real estate to Stable from Negative, supported by multi-year high sales which in-turn is driven by increasing preference for home ownership, improved affordability,...

How cities can plan for urban heat resilience

As cities everywhere get hotter, addressing increasing heat is becoming a priority. In a new publication, “Planning for Urban Heat Resilience,” Sara Meerow, assistant professor in the School of Geographical Sciences and Urban Planning at...

TN Govt to introduce BPlan course

The Tamil Nadu state government will introduce BPlan (Bachelors of Planning) course for the first time, at the School of Architecture and Planning in Anna University from this year. It will be funded by...

Real estate sentiment up in 1Q22

Real estate seems to be the only sector that has been least affected by the third wave in January and then the geopolitical situation in Eastern Europe. According to the Knight Frank – NAREDCO...

Govt releases Draft Battery Swapping Policy

NITI Aayog has come out with a Draft Battery Swapping Policy which allows battery swapping stations that can stack multiple batteries on top of each other, and require limited parking, which would address space...

Bengaluru to have new setback rules

As part of the zonal regulations of the Revised Master Plan 2015, under the Town and Country Planning Act 1961, the Karnataka state government is bringing in changes to the mandatory setback rules for...

This REIT has the largest LEED certified office portfolio in India

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, has been accorded the distinction of operating and maintaining the largest ‘USGBC LEED Platinum v4.1 O+M’ certified...

Ayodhya will be developed as a ‘climate-smart city’

Uttar Pradesh state government will develop the ancient holy city, Ayodhya, as a `climate-smart city` where most of the energy requirement will be met through renewable sources. The Uttar Pradesh Urban Development Department is...

Customs duty exemption to cotton imports to benefit textile sector: HEWA

The Home Textile Exporters Welfare Association (HEWA), an apex body of the home textile exporters and manufacturers said the exemption (of cotton imports from duty) would benefit the entire textile value chain--yarn, fabric, garments,...

Demand for PVC pipes to remain strong

According to analysts, demand for PVC pipes is expected to remain strong in the coming months thanks to new residential projects, demand from affordable housing and replacement demand. Also,  normal Monsoon prediction by the...

Mahindra Lifespaces acquires 11.5 acres land parcel in Pune

Mahindra Lifespace Developers Ltd has purchased 11.5 acres of land in the rapidly developing micro market of Pimpri, Pune. The land is estimated to have a developable potential of approximately 2 million square feet...

Cement demand to grow 7-8% in FY23

After the likely high single digit growth to around 350 million tonnes (mnt) in FY22, India Ratings and Research (Ind-Ra) expects cement demand to grow 7%-8% yoy in FY23 (five-year CAGR: 5%), with cement...

CEPT alumna’s thesis on conservation of Aliabet wins YTAA award

Shreeni Benjamin, CEPT alumna, is one of the three winners of the Asian Edition of the Young Talent Architecture Award 2020 (YTAA 2020) for her thesis on coastal management titled ‘Mending the gap: Landscape...

Surat to hold “Smart Cities, Smart Urbanization” event from today

The Ministry of Housing and Urban Affairs (MoHUA) is organising “Smart Cities, Smart Urbanization” event from today till 20th April, 2022 in Surat, Gujarat. The Surat event will highlight some of the important initiatives being...

Professional movements in Urban Planning

As India is marching ahead with her rapid urbanisation programs, professional movements in Urban Planning and related fields also picking up pace. Here is the list of some recent professional movements in Urban Planning. Aparajita...

Today is ‘World Heritage Day’

Today April 18, is known as the International Day for Monuments and Sites, also known as World Heritage Day. The theme for World Heritage Day 2022 is "Heritage and Climate". The International Council on...

CPWD to transplant 487 trees for new Executive Enclave

The Central Public Works Department (CPWD) will transplant 487 trees for the construction of an 'Executive Enclave' as part of the Central Vista redevelopment plan. The Executive Enclave will house the new Prime Minister's...

Wastewater management to get boost with Japanese collaboration

Areas such as decentralized domestic wastewater management and effective reuse of treated wastewater using Johkasou technology likely to get a big boost with the cabinet approval of Memorandum of Cooperation (MoC) between India and...

New materials & processes for carbon capture and utilization

A group of scientists have computationally designed a hybrid material which can absorb greenhouse gas methane, converting it to clean Hydrogen and also simulated a process of capturing carbon dioxide in-situ and converting it...

Dynamix Group plans 3 new projects in Mumbai

Dynamix Group, one of leading real-estate developers, plans to launch close to 1.1 mn sq. ft of projects in 2022, in addition to its ongoing works of 2.2 million sq. ft in Thane and...

Balkrishna Doshi features in BAC’s new video channel

Professor Balkrishna Doshi—India's first and only Pritzker prize winning architect, has featured in the inaugural episode of Boston Architectural College’s (BAC) newest video venture, BAC Channel with Mahesh Daas. Doshi was also BAC's 2021...

Theme-based luxury villas planned in Goa

The World of Luxuries (WOL) HOUSE, a theme-based luxurious villa concept backed by Aegean Constructions, will soon enter Goa with a 100 villa concept to be built in next 5 years. Each villa project will...

NAREDCO enters into MoU with PCSC

National Real Estate Development Council (NAREDCO)-an apex real estate body under the aegis of Union Ministry of Housing & Urban Affairs, has signed a Memorandum of Understanding (MoU) with Paints and Coatings Skill Council...

Cement off-take improves in March, price hike expected

Cement off-take recovered sharply in March 2022, particularly towards the second half of the month, supported by both trade and non-trade segments. However, owing to a large base of the last year, cement off-take...

Professional movements in architecture and interior design

This is the recruitment season when most of job shuffling takes place. No wonder, the architecture and interior design sector too is seeing lot of professional movements. Here is the list of some professional...

NATA 2022 registration for Architecture courses has started

The Council of Architecture (CoA) has started the registration process for the National Aptitude Test in Architecture (NATA) 2022 from yesterday at nata.in. Candidates will be able to apply for NATA phase 1 till May...

Gabon eyes more Indian investment

Gabon, a west African country, wants more investments from India which may be a good news for the domestic wood panel industry. The Gabon National Investment Promotion Agency and Invest India have signed a...

Reverse migration during COVID impacted real estate projects: Govt

Real estate projects across the country were adversely impacted due to the reverse migration of construction workers during COVID-19 pandemic lockdowns, Union Minister of State for Housing & Urban Affairs Kaushal Kishore said in...

India to see 48k more EV chargers in 3-4 years: Icra

According to domestic credit ratings agency Icra, India is likely to see around 48,000 additional electric vehicle chargers at an investment of around Rs 14,000 crore over the next 3-4 years amid an expected...

Noida to grant mortgage permission to builders for Centre’s stress fund

Noida Authority in its 204th Board Meeting has decided to grant mortgage permission to real estate developers in Noida in a bid to help them access the Centre's stress funds to complete their projects. In...

Govt to incur Rs 2,285 cr on Central Vista in FY23

The government will incur an expenditure of Rs 2,285 crore on the development of the Central Vista project for the Financial Year 2022-23. Minister of State for the Ministry of Housing and Urban Affairs...

India & Australia agree to mutually recognise architecture profession

Under a new free trade deal between India and Australia, Indian and Australian architects will be recognised in each other’s countries. “This agreement will make it easier for us to exchange students, professionals, and tourists,...

Property registrations in Mumbai fell in March

According to Knight Frank India, registration of housing properties in the Mumbai municipal region fell by 11 per cent year-on-year to 15,717 units during March on higher base. The registration of homes stood at...

AC demand/price to go up this summer

You may hate the hot summers but not the air conditioner manufacturers who thrive on such opportunities made possible by global warming. No wonder the AC makers are looking for double-digit growth this year...

CoA will decide mandatory subjects for architecture admissions

The new academic season for architecture students has started with confusion and chaos. After removing the mandatory requirement of studying physics, chemistry and mathematics in Class 12 for pursuing architecture, the All India Council...

editor's picks

Subscribe to our newsletter

To be updated with all the latest news from Sawdust

NMA finalises 101 Heritage By-Laws in 3 years

National Monuments Authority (NMA), has made a record number of 101 Heritage By Laws...

EESL’s entry into B2C may impact small-medium players

According to some analysts, Energy Efficiency Services Ltd’s proposed entry into retail segment may...

Housing price increases by 11% in Q1

According to a joint report by CREDAI, Colliers and Liases Foras, housing prices increased...