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This fibre made from textile wastes can be used for insulations

The LYCRA Company has launched THERMOLITE® EcoMade fibre made from 100% textile waste, which can be used for insulation applications. This new warming technology involves recycling textile waste from cutting room floors that would have...

White goods manufacturers want extension of PLI deadline

Many white goods (air conditioners and LED lights) manufacturers want extension of PLI benefits for 1-2 years as some companies were not able to complete capex and achieve the required growth due to Covid....

Third wave may temporarily postpone demand for paints

According to paint manufacturers, Covid third wave which has already pushed many states to impose lockdown like restrictions once again may force the home owners to postpone their purchases for home painting but may...

PVC pipe makers set for 35% revenue growth this fiscal

Revenue of polyvinyl chloride (PVC) pipes and fittings manufacturers will surge 35% this fiscal, riding on higher realisations and a modest volume growth this fiscal, says a research report by CRISIL.  Next fiscal, sustained...

Can a fungus help clean up lead-contaminated soil?

Urban gardening is on the rise in cities across America. But in so-called legacy cities like Buffalo, where lead and other contaminants have seeped into the soil over decades of heavy industry, it can...

This Bangladesh hospital wins RIBA International Prize

The Friendship Hospital Satkhira, designed by Kasef Chowdhury/URBANA, built to serve a rural population in the Bangladesh delta has won the RIBA International Awards for Excellence 2021. The community hospital of eighty beds was...

Gujarat Gas changes rule, puts Morbi tile manufacturers into difficulties

The recent move of Gujarat Gas to tighten the contract terms and conditions for gas consumers may be a cause for concern for the Morbi tile manufacturers. According to some gas manufacturers, the latest...

Housing registration in MMR (Mumbai) up 53 pc in 2021

Registration of homes in Mumbai Metropolitan Region (MMR) rose 53 per cent last year to 2.42 lakh units, driven partly by stamp duty reduction by the Maharashtra government and low interest rates on home...

Architects ask BMC to change tender norms

Raising concern over the conditions laid down by the Brihanmumbai Municipal Corporation (BMC) for the empanelment of architects for redesigning streets in Mumbai, a group of 113 architects and urban designers have written to...

Kempinski to unveil the First Floating Sea Palace in 2023

For the first time, a luxury hotel, Kempinski Floating Palace, is opening as a floating building around which 12 likewise floating luxury villas are grouped with the possibility to sail to other anchorages at...

Real estate sector remains optimistic about short-medium term prospects

The Future Sentiment score, which gauges the stakeholders' expectation in the short to medium term, dipped from 72 in Q3 2021 to 60 in Q4 2021 but remained in the optimistic zone, reflecting a...

Demand for office space up 50% in 2021 led by startups, tech companies

Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, says global real estate consultancy firm Colliers. In...

Electrical audit for high rises likely to become mandatory in Mumbai

With the number of fire accidents in high rises going up the government may think of making an annual electrical safety audit, on the lines of biannual fire audit, compulsory for buildings above 15...

228 PPP projects worth Rs 22k completed under SCM

According to Ministry of Housing and Urban Affairs (MoHUA), the Smart City Mission has so far completed 228 PPP projects worth Rs 22,000 crore across 60+ cities. Further, more than 160 PPP early-stage projects...

ABB India turns its Nelamangala Campus ‘water positive’

ABB India’s Nelamangala unit has received a 'Water Positive' certification from The Energy and Resources Institute (TERI). In place of simply replacing the amount of water taken from the environment, the unit implemented an...

India’s home textile exporters gain market share in US

The Office of Textiles and Apparel (OTEXA) data continues to reveal India’s increasing share in US home textiles market. As per OTEXA data, India’s market share in US Cotton Sheets increased to 57% over...

Falling PVC price is good news for realtors

After abnormal rise in prices PVC resin prices are showing signs of softening which is a good news for realtors as PVC pipes are widely used for plumbing and drainage system. PVC resin price...

Rising construction cost is a cause of concern for realtors

Since the onset of Covid from the first quarter of calendar year 2020, there has been an upward pressure on construction costs for projects across all real estate classes, viz., residential, offices, malls and...

AKTU’s faculty of architecture and planning to get autonomous status soon

The faculty of architecture and planning of Dr APJ Abdul Kalam Technical University, Lucknow will soon be granted autonomous status and renamed as School of Architecture and Planning. This was announced by AKTU vice...

Dunedin Bungalow gets Platinum certification

Dunedin Bungalow of State Bank of India (SBI), Mumbai, Maharashtra, achieved 'Platinum certification' under CII - Indian Green Building Council (IGBC) Green Homes Rating system. This is the designated residence of Chairman of SBI. Shri...

Anupama Kundoo featured in exhibition at MAXXI Museum

Some of the world’s most influential female architects and architectural personalities in history are featured in a new exhibition running at the MAXXI Museum in Rome until 11 September 2022 and India’s architect Anupama...

IGNOU launches MA in urban studies in ODL mode     

The Indira Gandhi National Open University has launched MA programme in Urban Studies in in Open and Distance Learning (ODL) mode from January session. The School of Extension and Development Studies, IGNOU will offer...

Smart City Living Lab at IIITH announces winners of Water Challenge

Smart City Living Lab at IIITH, in collaboration with the Government of Telangana and NIUM, announced the 3 winners of Water Challenge - Oceo Water Pvt Ltd, IIITH - Smart Water Meter Solutions and...

Raymond arm signs pact to redevelop housing project in Mumbai

Textile and apparel company Raymond's has announced that its wholly-owned subsidiary has signed a pact for the redevelopment of residential project in Mumbai. This is in line with the company’s growth plan to expand...

Cement demand may pick up post Sankranti

Cement dealers expect the demand for the commodity to pick up in the coming days as has been normally the case all these years. Demand in first fortnight of Jan has normalized from the...

MoHUA launches ‘Open Data Week’

Ministry of Housing and Urban Affairs (MoHUA) has initiated Open Data Week to encourage adoption of open data and promote innovation across India’s urban ecosystem. Leading up to the ‘Azadi Ka Amrit Mahotsav -...

Architect Hafeez Contractor to design Ajmera’s Wadala project

Prominent architect Hafeez Contractor will be designing Ajmera Realty and Infra India Ltd’s residential project in Wadala, Mumbai. The project is part of the 100 acres master layout of Ajmera i-Land in Mumbai. The construction...

Inclusion, walkability will be key to rebuilding cities after the COVID-19 pandemic

Cities emerged as the epicentres of the COVID-19 pandemic: roughly 90 per cent of COVID-19 infections worldwide were reported in urban settings. And poor urban neighbourhoods were hit especially hard. Researchers frequently attributed the vulnerability...

Revised Guidelines for Charging Infrastructure for EV Promulgated

The Union Ministry of Power has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV) with the objective of enabling a faster adoption of electric vehicles in India by...

Last week’s record rainfall may not affect Central Vista project much: Minister

According to Union Housing and Urban Affairs Minister Hardeep Singh Puri, the record rainfall in Delhi last week cost the Central Vista Avenue redevelopment project not more than a day or two. On January...

Sunteck Realty sees revenue potential of Rs 22k crore from new projects

Sunteck Realty is aiming to launch seven projects in and around the Mumbai metropolitan region over the next five to eight years which will have revenue potential of Rs 22,000 crore. These projects are...

GIS-based automated water connection system developed

Geographical Information Systems (GIS) based automatic water supply system is first of its kind in the country to automate the granting of water connection to the residents of cantonments. This system, based on the...

10th century stone idol is being returned to India

A 10th century stone idol of Goat Head Yogini that had been illegally removed from a temple in Lokhari, Banda, Uttar Pradesh is being returned to India.  Announcing this in a tweet, the Union...

Decarbonizing the built environment: Takeaways from COP26

How can the cement and construction industry achieve net zero by 2050? Here are the key takeaways from a roundtable discussion McKinsey hosted at the COP26 Climate Change Conference. The built environment—that is, the cement...

Q3 sees weak demand for PVC pipes

The PVC pipes industry witnessed a higher realization and peak prices in the initial period of the third quarter, that is, in October. However, the trend was soon reversed and prices corrected almost 20%...

India’s forest cover increases by 2,261 sq km in 2 years

According to ‘India State of Forest Report 2021’ prepared by the Forest Survey of India (FSI), India’s forest and tree cover has been increased by 2,261 sq km in 2021 as compared to 2019....

Building material industry’s fortunes to change for better: Report

The organised building material sector is likely to witness revival in growth as one of its major user industry, which is the residential real estate market, is expected to see better times, says a...

Inventory level may come down further for realtors in 2022

Year 2021 saw not only record absorption but the inventory level with the realtors also depleted to a decadal low. This trend of lower inventory levels may continue in 2022 also unless there are...

Global Risks 2022: The ‘disorderly’ net-zero transition is here and it’s time to embrace it

By Peter Giger, Group Chief Risk Officer, Zurich Insurance Group The 2022 Global Risks Report has “climate action failure” as the number one risk over the coming decade. The most documented risks associated with climate...

UNESCO to publish Hindi descriptions of India’s heritage sites on website

On the occasion of World Hindi Day on January 10, the Director of World Heritage Centre has informed the Permanent Delegation of India to UNESCO, Paris that UNESCO's World Heritage Centre has agreed to...

Office space absorption in major cities grew 10% in 2021

office spaceA report by property consultant Colliers has revealed a 10% growth in office absorption in major cities during last year as compared to 2020. Overall office gross absorption across top six cities was...

India born Engineer architects world’s first autonomous traffic management platform

India born Engineer 36-year-old Vaibhav Ghadiok has architected the first autonomous traffic management platform in the world. Vaibhav is a pioneer in the field of robotics with multiple inventions and patents to his name....

262 pillars of flyovers covered in vertical garden in Delhi

According to a reply given by the Ministry of Environment, Forests and Climate Change to the Parliamentary Standing Committee, 262 pillars of flyovers/over-bridges have been covered with vertical gardens in NCT of Delhi. Further,...

CSE to conduct course on greening the construction sector

Centre for Science and Environment is holding residential training course on “Greening the Construction Sector” from January 27th to 29th which will be an on-site course. The course aims to equip construction managers/developers and...

Expect more launches in Q4

While the waning of the second Covid wave, record low mortgage rates and strong hiring/salary growth in the IT/ITes sector led to developers preponing many launches to August-September 2021 which saw strong buyer demand,...

Waterproofing is no longer a seasonal business

Usually April-June quarter is the key season for waterproofing business but that may not be any longer. According to many dealers, waterproofing business continued to perform well in the third quarter this year though...

House registrations in Mumbai rise on MoM basis

Monthly house registrations in Mumbai during December decreased 51% YoY to 9,681 units. The decline was mainly because the stamp duty rate was at its lowest level of 2% in the same period last...

Revival signs in Pune real estate industry

Pune region has clocked sales of 37,218 units in 2021, reveals the half yearly report of property consultant Knight Frank. The report highlights that Pune witnessed 2.7 million square feet of office space transactions...

Cement despatches improve in December

The railway freight data for December 2021 indicates a sharp jump in cement despatches MoM basis. Freight data show that volumes transported through railways are up 23% MoM in December 2021. Cement Despatches Volume FY18 FY19 FY20 FY21 FY22 Q1 30.3 30.5 27.1 20.1 32.4 Q2 25.4 27.4 25.0 26.4 32.1 Q3 26.9 28.6 28.2 34.8 34.0 Q4 31.7 31.4 30.8 40.8   (Figures in million...

Venice to replace glass surface on its famous Calatrava designed bridge

The glass surface of the bridge by star architect Santiago Calatrava, Ponte della Costituzione, will be replaced with stone, as the slick surface was the cause of numerous incidents. The bridge, Ponte della Costituzione is...

MoHUA sanctions 1.14 crore houses under PMAY-U

As against the total assessed demand of 1.12 Cr houses, 1.14 Cr houses have been sanctioned under Pradhan Mantri Awas Yojana-Urban (PMAY-U). Of these, total of 91.5 lakh houses were grounded for construction and...

It’s pressure all around for AC makers

Air conditioner manufacturers are facing multiple challenges amidst waning pent-up demand. They are now caught between sustaining margins and market share expansion. To achieve one, they may have to sacrifice the other. As they are entering...

Cement demand may grow at 8% in FY22: Report

Cement demand may grow at 8-9% during the current financial year as against earlier expectations of 12% growth says a report by ICICI Securities, broking arm of ICICI Bank. The report expects a demand...

Cement price falls in December as manufacturers go for volume push

December being the last month of the year when meeting the volume targets overwhelm other factors one cannot expect huge price increase for cement. No wonder then all India average price of the commodity...

Now wind turbines recycled to make bike shelters

Like many good things in life, wind turbines don’t last forever. But disposing of retired turbine blades has become a headache for the renewable energy industry. They’re made of materials that can’t easily be...

Global carpet fair to be held in Uttar Pradesh in October 2022

The Carpet Export Promotion Council (CEPC) has decided to organise a national and international level carpet fair Uttar Pradesh in October 2022. The fair was not organised for two years due to the pandemic. The...

Morbi tile exporters divert their production to domestic market

Non-availability of containers (for exports) and prevailing high freight rates are affecting export of tiles from India to other countries which in turn is forcing the tile manufacturers to divert the production to domestic...

24 Indian cities figure in ‘2021 Global Top 500 Cities’

24 of Indian cities figure in the list of '2021 Global Top 500 Cities' released by Global City Lab. New Delhi, Mumbai and Bangalore are some of the Indian cities that have figured in...

Piyush Goyal makes on-site visit to IECC at Pragati Maidan

Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Shri Piyush Goyal undertook an on-site visit to India Exhibition-cum-Convention Centre at Pragati Maidan in New Delhi to assess the...

More companies may opt for REIT route to monetise assets

According to real estate analysts, REIT or Real Estate Investment Trusts (REITs) have emerged as a potent asset monetisation tool. Though India made a late entry in the field of REITs (first REIT made...

CREDAI announces 11th Edition of Hyderabad Property Show 2022

CREDAI, the Confederation of Real Estate Developers’ Associations of India, the country’s apex body of private real estate developers, will hold the 11th edition Hyderabad Property Show from 11th to 13th February 2022 at...

Home textile exporters in a sweet spot

After going through a prolonged period of subdued global demand, Indian textile manufacturers in general and home textile makers in particular are witnessing a favourable trend emerging for their products. Of course, they are...

Will the paint companies hike prices in new year?

Though not confirmed by the manufacturers nor the dealers, some analysts expect paint manufacturers to hike the prices again in January to absorb the rising cost of materials. Asian Paints, the market leader has...

Home affordability at its decadal best: Report

Indian real estate markets are at their decadal best in terms of housing affordability, says property advisory Knight Frank in its report titled ‘Affordability Index 2021.’ All markets, except Mumbai, are recorded to be...

NFT drop of works of Raja Ravi Varma soon                  

RtistiQ, a physical and digital art marketplace, will collaborate with gallery g and Raja Ravi Varma Heritage Foundation for non-fungible token (NFT) drop of works of the celebrated Indian painter Raja Ravi Varma. All...

Nagaland may become hub of bamboo based handicrafts

Ministry of Skill Development and Entrepreneurship has launched a pilot project for upskilling the cane and bamboo artisans of Nagaland under Recognition of Prior Learning (RPL). The objective of this initiative is to upskill...

J&K attracts huge investments in realty sector

The Jammu and Kashmir administration signed 39 MoUs (Memorandum of Understanding) worth Rs 18,300 crore with the National Real Estate Development Council (NAREDCO) for the development of housing and commercial projects in the union...

Hyderabad records highest residential price appreciation

Hyderabad was positioned at 128th rank on Knight Frank’s Global Residential Cities Index Q3 2021 with 2.5% year-on-year (YoY) rise in home prices. The Index has featured four Indian cities, i.e., Hyderabad, Chennai, Kolkata...

Corporates may replicate WFH model over the long term

Corporates may try to replicate the Work from Home (WFH) model over the long term, especially in the case of IT/ITeS companies that account for 40-50% of overall Indian office demand says a report...

Indian home textile exporters see strong export demand

India’s share in bed-linen export to the US has improved to 58% from 50% in CY2019, while in terry towel exports, it has improved to 44% from 39% in CY2019. This along with sustained...

A lot more remains to be done in affordable housing: Study

When investments in affordable housing are expanding under Central and state government housing schemes, on-ground assessment of emerging building stock in states shows there is still considerable scope of reducing heat gain in buildings,...

World’s one of the largest tiles showrooms planned in Morbi

Morbi in Gujarat which is considered to be India’s tiles hub will soon have world’s one of the largest tiles showrooms. The five storey showroom will be designed as a one-stop-solution to meet the...

EESL targets installation of 1.6 cr more ‘smart LED’ streetlights by 2024

Energy Efficiency Services Ltd (EESL), the organisation responsible for implementation of Domestic Efficient Lighting Programme or the UJALA scheme, is targeting to install an additional 1.6 crore 'smart LED' streetlights across the nation by...

Star rating protocol for garbage free cities launched

The Ministry of Housing and Urban Affairs (MoHUA), has launched the star rating protocol for garbage free cities called ‘[email protected] Star Rating Protocol of Garbage Free Cities - Toolkit 2022' as a governance tool...

Consolidation of realty sector helping Indian home décor industry

According to some analysts, consolidation taking place in the real estate sector in the last few years has proved to be a blessing in disguise for the Indian home décor industry consisting of plastic...

Indian cement industry in better position to combat global warming – Report

The Indian cement industry is in a better position than the global counterpart to combat global warning, says a report prepared by HDFC Securities, the broking arm of HDFC Bank. The Indian cement industry...

Meghalaya CM seeks World Heritage Site tag for living root bridges

Meghalaya’s Chief Minister, Conrad K Sangma has sought World Heritage Site tag for living root bridges. He was speaking at a national convention on Community and Science-based Conservation Research and Development of Jing kieng...

Kerala gets its biggest mall in Thiruvananthapuram

With a built-up space of 2 million sq ft and located at Akkulam on NH 66 bypass, in close proximity to Technopark, Lulu Mall is the largest mall in Kerala and one of the...

Housing registrations in Mumbai crosses 1 lakh units

Year to date housing units’ registrations in Mumbai crossed the 100,000 mark for the first time in a decade and stood at 102,200 units, up 122% YoY. This came in even without the extension...

In quest to develop living construction materials and beyond

Some engineered living materials can combine the strength of run-of-the-mill building materials with the responsiveness of living systems. Think self-healing concrete, paint that changes color when a specific chemical is detected or material that...

Institutional investment in real estate may fall 20% in 2021

Institutional investments in real estate may fall 20 per cent to USD 4 billion during this calendar year because of a higher inflow of funds in 2020, according to property consultant JLL India. It...

PAN India residential market rebounds in Q3

The pan-India residential market rebounded strongly during Q3CY2021 after Q2CY2021 got hit by COVID-19 second wave, says a report by broking firm, Sharekhan. The top seven cities, viz., NCR, MMR, Bengaluru, Pune, Hyderabad, Chennai...

eChhawani project to provide GIS Based Automatic Water Supply System

The GIS Based ‘Automatic Water Supply System’ for citizens of Cantonment Boards has been launched recently by Raksha Mantri Shri. Rajnath Singh on the occasion of Defence Estates Day 2021. The module of GIS based...

AMRUT 2.0 aims to create water secure cities

Pey Jal Survekshan under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 launched by the government on 1 October 2021 aims to cover 500 cities selected under AMRUT in the first Phase. Pey Jal...

$150 million ADB loan for affordable housing for urban poor in TN

The Government of India and Asian Development Bank (ADB) recently signed a $150 million loan to provide access to inclusive, resilient, and sustainable housing for the urban poor in the state of Tamil Nadu....

Foundation stone for mega CFC at SEEPZ laid

The Union Commerce Minister Shri Piyush Goyal last week laid the foundation stone for a Mega Common Facility Centre (CFC) for Gem and Jewellery sector, at the Santacruz Electronic Export Processing Zone (SEEPZ) Special...

Residential segment is the clear winner in 2021

In spite of two successive Covid waves in India in CY20 and CY21, leading developers seem to have weathered the storm successfully at least for the time being. Among all the sub-segments, the residential...

1.2k railway stations have been modernised

According to the information given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Rajya Sabha yesterday, 1211 railway stations have...

NIP projects may push up demand for cement

While the demand undercurrent turned slightly shaky slew of projects and programmes announced by the government may change the tide for the cement industry in the medium term. On the other hand, it also...

Big Bloc enters into JV with SCG for building material products

Big Bloc Construction Ltd (BCL) has entered into a joint-venture agreement with SCG International India Pvt Ltd, a wholly owned subsidiary of Siam Cement Public Company Ltd engaged in Cement-Building Materials Business, to produce...

Poor festive demand disappoints AC makers

With two successive peak summer seasons becoming washouts (due to Covid-19 induced lockdowns) air conditioner manufacturers were hoping for partial recovery of revenue through better festive season sales. But that was not to be...

2 ITC Hotels achieve the LEED Zero Carbon Certification

ITC Grand Chola, Chennai owned by ITC Hotels has been accorded the USGBC LEED Zero Carbon Certification thus making it the largest hotel in the world and commercial building to achieve this distinction. Incidentally,...

How the design of this waterfront renewal project realised?

This is Barangaroo Reserve project, a globally-significant, 22-hectare waterfront renewal project, that is named after an influential Aboriginal woman of pre-colonial Sydney. The project re-created a "Club Cape" headland by transforming a concrete container...

AMRUT 2.0 aims to recycle wastewater to meet 20% of city water needs

Under reforms agenda of Atal Mission for Rejuvenation and Urban Transformation 2.0 (AMRUT 2.0), reforms on water conservation envisages recycle of treated wastewater to meet 20% of the total city water demand and 40%...

Indian ceramic tile exporters may get a jolt from EU

While Indian ceramic tiles exporters from India yet to recover from the problem of container shortages and high freight rates they may have to soon cope with another issue of possible anti-dumping duty by...

PM inaugurates Shri Kashi Vishwanath Dham in Varanasi

Prime Minister Narendra Modi inaugurated Shri Kashi Vishwanath Dham in Varanasi Uttar Pradesh yesterday. The premises of Kashi Vishwanath Temple was earlier spread over an area of only 3000 sq feet but now it...

25 pc of leads in real estate sector generated through digital medium: EY Report

According to the report by EY India, organisations that have invested in digital technology were able to generate 25 per cent of their leads through the online medium. The report also notes that earlier...

Consumer adhesives market to clock 9-10% CAGR

According to a research report by CRISIL, India’s consumer adhesives industry is expected to clock 9-10% CAGR between fiscals 2021 and 2026 driven by economic recovery and growth in end-user industries. The consumer adhesives...

$350 Million ADB Loan to Help Improve Urban Services in India

The Asian Development Bank (ADB) has approved a $350 million policy-based loan to improve urban services in India. The loan supports the policies established by the Ministry of Housing and Urban Affairs to accelerate universal...

Balkrishna Doshi wins 2022 RIBA royal gold medal

The 2022 RIBA royal gold medal, the UK’s highest honour for architecture, has been won by Balkrishna Doshi, India’s most celebrated living architect. It may be recalled here that Doshi is the winner of...

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Demand for office space up 50% in 2021 led by startups, tech companies

Demand for office space in Delhi NCR region has grown 50 per cent year-on-year...

PVC pipe makers set for 35% revenue growth this fiscal

Revenue of polyvinyl chloride (PVC) pipes and fittings manufacturers will surge 35% this fiscal,...

Can a fungus help clean up lead-contaminated soil?

Urban gardening is on the rise in cities across America. But in so-called legacy...