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NGMA to organise virtual tour of Ramkinkar Baij’s works

Ministry of Culture’s National Gallery of Modern Art will organise virtual tour titled “Ramkinkar Baij | Journey through silent transformation and expressions” to commemorate...

Two adjacent towers to be merged to become one

In a first of its kind, in Australia, two adjacent buildings in Brisbane's CBD will be merged to become one tower. The project, the...

Mall owners may resolve rental issue with retailers through dialogue

Malls have been closed across the country for the last two months due to countrywide lockdown resulting in loss of business to retailers and...

PVC price changes direction, goes up

PVC price which had been falling continuously since mid-March, last week changed its direction of movement and started rising. In fact, last week, PVC...

Movers & Shakers in Building Materials industry, May 25, 2020

Building materials industry was nearly out of action for two months due to lockdown and has recently resumed activities once again. Hence most of...

NGMA to organise virtual tour of Ramkinkar Baij’s works

Ministry of Culture’s National Gallery of Modern Art will organise virtual tour titled “Ramkinkar Baij | Journey through silent transformation and expressions” to commemorate the 115th Birth Anniversary of Ramkinkar Baij on 26th May...

Two adjacent towers to be merged to become one

In a first of its kind, in Australia, two adjacent buildings in Brisbane's CBD will be merged to become one tower. The project, the Midtown Centre development, will merge together two former government office...

Mall owners may resolve rental issue with retailers through dialogue

Malls have been closed across the country for the last two months due to countrywide lockdown resulting in loss of business to retailers and loss of rental income to mall owners. The situation has...

PVC price changes direction, goes up

PVC price which had been falling continuously since mid-March, last week changed its direction of movement and started rising. In fact, last week, PVC price was hiked twice, by Rs 2/kg each on 18th...

Movers & Shakers in Building Materials industry, May 25, 2020

Building materials industry was nearly out of action for two months due to lockdown and has recently resumed activities once again. Hence most of the new recruitments and promotions are likely to take place...

Restoration work of Shimla’s Bantony Castle starts

The homeless migrant labourers hailing from different parts of the country have started renovation and restoration work of over century-old building, 'Bantony Castle', the British era building, amid the fourth phase of coronavirus lockdown....

Urban planning crucial for better public health in cities

As the COVID-19 pandemic continues to highlight the importance of safe distancing in cities, a new sourcebook launched by WHO and UN-Habitat provides a wealth of useful information on ensuring human health is a...

More than 55k housing units sold during Q1, 2020

55,138 housing units were sold across nine major markets in the country during the Covid-hit January-March quarter, says PropEquity’s latest report. The survey was done across Bengaluru, Kolkata, Pune, Mumbai, Thane, Gurugram, Noida, Chennai...

This data centre to be the smartest of all

National Payment Corporation of India (NPCI), the umbrella organization for operating retail payments and settlement systems in India, is getting ready to launch its own Smart Data Centre in Chennai. Edappadi K. Palaniswami, Hon’ble...

Tiles dealers see better than expected demand in South

According to South India’s one of the largest ceramic tiles dealers, actual demand for tiles and sanitaryware at the ground level is far better than the expectation. This has actually surprised many dealers who...

Cement sales to decline by more than 20% – CRISIL

In fiscal 2021, most of the dealers expect sales to decline more than 20%, says a CRISIL report titled “Cracks loom for cement dealers.” The report is based on a survey of 100+ cement...

There are only six 5-Star cities in India

Ministry of Housing and Urban Affairs has announced star ratings of Indian cities for the year 2019-20 and according to this rating, there are six 5-star rated cities in India. These cities are: Ambikapur,...

COVID-19 to inflict $ 1 tn loss on real estate sector: KPMG

The consequent loss of COVID-19 pandemic outbreak to India's real estate sector is estimated to be one trillion dollars (about Rs 76 lakh crore) by the end of the current financial year, says a...

Cement price goes up sharply in May

A survey of a cross section of the dealers reveals that cement prices have gone up by 5-8% all over the country in May. Price was hiked despite the demand condition was poor. Cement...

Conversations kick started to create sustainable cultural organizations

Development of Museums and Cultural Spaces, Ministry of Culture, Government of India hosted a webinar on “Revitalising Museums and Cultural Spaces” yesterday to celebrate the International Museum Day and kick start conversations around creating...

Mumbai’s luxury housing projects may face tough time

According to some property consultants in Mumbai, prices of super-luxury apartments in some locations like Central Mumbai may see further correction due to lukewarm response from property investors. Usually, property investors account for 25-30%...

Plumbing pipe mfrs expect better demand in 2nd half

Like any other building materials industry, plumbing pipe industry too has suffered badly due to countrywide lockdown. April month has seen almost nil sales for the plumbing pipes as the house construction activity was...

RERA completes three years

It has been three years since the Real Estate (Regulation and Development) Act, 2016 (RERA) was  implemented in the country and in the last three years the sector has seen lot of disruption and...

Labour shortage may hasten automation in construction

It may not be life as usual for the construction industry going forward in the post-lockdown era which will be governed by social distancing norms. The way cement being used will largely be dictated...

Movers & Shakers in Urban Planning, May 18, 2020

A casual glance through this week’s list of urban planners who have some moves in their professional career recently indicates that there is increasing trend of architects doing post graduation in urban planning and...

Office leasing activity drops in top three Indian markets

COVID-19 is already showing its impact on office leasing. According to the latest Knight Frank Asia Pacific market bulletin, office leasing activity across India's three tier-one cities witnessed a drop due to the impact...

RFP for Tirupati railway station smart makeover gets good response

If the number of firms that participated in the pre-bid meeting for the development of the Tirupati railway station is any indication, the response for redevelopment of the station is very good, if not...

Copenhagen will be 2023 World Capital of Architecture

The Danish capital of Copenhagen will be the World Capital of Architecture in 2023; a title assigned by UNESCO to the host city of the International Architectural Association UIA's World Congress. Copenhagen won the...

US Green Building Council launches Global Economic Recovery Strategy

The U.S. Green Building Council (USGBC) has announced a new strategy, Healthy People in Healthy Places Equals a Healthy Economy, intended to leverage LEED and the community implementing the rating system to support buildings...

Rajasthan govt allows shops selling air conditioners to open

The Rajasthan government has allowed six categories of shops and business establishments, including those selling building materials and air conditioners, to open in the state. Hardware shops, building material shops, air conditioner, cooler, television, electronic...

FM announces 2nd tranche of financial package for various sectors

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman announced the 2nd Tranche of measures to ameliorate the hardships faced specifically by migrant labours, street vendors, migrant urban poor, small traders self-employed people, small...

MoHUA directs state RERAs to extend registration of realty projects by 6 months

Ministry of Housing & Urban Affairs (MoHUA) has issued an advisory to all States / UTs and their respective Real Estate Regulatory Authorities to consider the current pandemic of COVID-19 as “force majeure” being...

High inventory level of RACs is a matter of concern

Air conditioner manufacturers who are battling for survival have their task cut out once the lockdown is lifted completely, that is, clearing the huge inventories lying with dealers and distributors. According to one estimate,...

Finance Minister announces relief measures to get back to work

Finance Minister Smt. Nirmala  Sitharaman yesterday evening announced series of measures focused on getting back to work i.e., enabling employees and employers, businesses, especially Micro Small and Medium Enterprises, to get back to production...

Loss of green space in India is leading to higher cardiometabolic risk

Although the health benefits of green space are supported by a growing body of evidence, few studies on this topic have been carried out in low and middle-income countries. A new study by the...

Thanjavur Netti and Arumbavur Wood carving get GI tag

After a seven-year-long wait, the Thanjavur Netti Works (pith works) and Arambavur Wood Carvings belonging to the central region of Tamil Nadu were awarded the Geographical Indication Tag yesterday by the GI registry. A...

AC makers stare at double digit revenue loss

According to leading air condition manufacturers, this season is one of the worst seasons in recent years for the industry and its impact will be visible more in the current financial year than in...

The construction sector can help lead the economic recovery – Here’s how

The construction sector may hold the key to kick-starting economies ravaged by the fallout from the COVID-19 pandemic. Past crises have shown that, although households and private sector businesses may be reluctant to invest while...

MDF manufacturers post decent growth despite pandemic

It seems Medium Density Fibreboard manufacturers are slowly crawling back to growth path if 2019-20 growth figure is any indication. For the financial year just concluded, the industry which is the youngest in wood...

These pots teach you methods to prevent spread of Coronavirus

At a time when even the smallest bit in the fight against COVID-19 counts and raises hope, scores of KVIC potters in a Rajasthan village are drawing the country’s attention with their unique campaign...

Kansai Nerolac restarts its operations

Five of the six plants of Kansai Nerolac, the third largest paint manufacturer in the country, are now operational after the partial lifting of lockdown in the country. Further, the company has opened 90...

PVC price touches multi-year low

There seems to be no end to the fall in the price of PVC, mainly used in irrigation and housing. Fall in the price which started in the middle of March continued in the...

Cement manufacturers hike price amid low demand

With major portion of April seeing lockdown throughout the country, cement consumption took a big hit during the month. Some demand emerged towards the end of the month when lockdown norms were loosened post...

Architecture & Interior Design, May 11, 2020

As the lockdown is getting extended several times, ‘work from home’ seems to be becoming a new norm. Architecture and interior design industry is one segment which may take some more time to get...

Supply, demand for commercial realty fall in Q1CY20

As expected, supply and demand for commercial realty have declined 11% and 6% QoQ, respectively, during the first quarter of the current calendar year. Vacancy levels also have inched up slightly to 13.4%. Outbreak...

International firms show interest in New Delhi station redevelopment

International consultancy firms like Australia-based ITALFERR and Louis Berger have shown interest in New Delhi station redevelopment. In all, not less than 30 companies had  participated in the pre-bid meeting for the redevelopment of...

Coir Board ropes in IIT-Madras for R&D works on Coir

Coir Board signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology-Madras, to establish a “Centre of Excellence (CoE) for the application of Coir exclusively or in combination with other natural fibres”....

Paint companies increase cash discount to dealers

Paint manufacturing companies have increased cash discounts to dealers by 3.5% from the beginning of the new financial year. Paint manufacturers have started providing extra discounts to dealers, depending on the volume of business,...

Realtors want stimulus package from government

Real estate sector, mainly residential real estate, is one of the worst affected segments of the economy due to COVID-19 which subsequently led to countrywide lockdown. The sector was already on a weaker footing...

Furniture makers see opportunity in post-lockdown era

Furniture makers see an opportunity emerging in post-COVID-19 as the trend then would be towards readymade furniture than call the carpenters home to make furniture. Post-COVID-19 people would be wary of calling carpenters home...

GCC imposes ADD on tiles imported from India

Just as India started relaxing its lockdown norms and slowly moved towards normalcy, Indian tiles exporters received a shock as the GCC decided to implement its earlier decision of imposing final anti-dumping duty for...

Mumbai’s property price set to fall

According to property consultant, Knight Frank, the prime residential market of Mumbai is expected to see a price fall of 5 per cent this year and 3 per cent in 2021. The direction of...

NGMA to conduct virtual program dedicated to Tagore

National Gallery of Modern Art (NGMA) will present a theme based virtual program, ARTIST BY ARTISTS which will be dedicated to Gurudev Rabindranath Tagore. This week’s program coincides with the maestro's 159th birth anniversary...

Stock clearance becoming an issue for cement manufacturers

Though the economy has slowly started moving ahead after partial lifting of lockdown, it may take several months for the cement manufacturers to get back to normalcy. Meanwhile, they have an uphill task at...

Real estate, May 04, 2020

The country has been in lockdown for last forty days and realty sector is one of the worst affected by this lockdown. Most of the job movements listed below had happened just before the...

Indian sleep industry cries for help

Indian Sleep Products Federation (ISPF) has requested the Government to support the industry which is battling for survival. The industry that produces mattresses of foam, spring & coir and other sleep related products has...

Commercial Real Estate – 2019 record may remain unbroken

Calendar year 2019 was a record year for country’s commercial real estate which saw a net absorption of 42msf. The sector was expecting 40msf plus absorption during the current and next financial year also....

Wood panel industry is down but not out

Wood panel industry is down but not out and most of the industry players are upbeat about the medium to long term prospects of the industry, once the country gets over the chaos created...

India advocates $ 1 trillion grants to developing world to fight climate change

Stressing on the issue of Climate finance, India’s Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar has advocated 1 trillion USD in grants to developing world immediately. He was deliberating at the...

This year ‘Jal Shakti Abhiyan’ will observe social distancing

‘Jal Shakti Abhiyan’ which was started as a mass movement last year will be implemented this year also but by observing social distancing. It will be ensured that all works are undertaken with strict...

Ravi Varma’s birth anniversary celebrated through virtual tour

Raja Ravi Varma was born on 29th April and is considered among the greatest painters in the history of Indian art for a number of aesthetic and broader social reasons. National Gallery of Modern...

Save real estate sector from collapse

Real estate is on the brink of collapse. A few months ago, it had given revival hopes and everyone believed that year 2020 will be the year of revival for the sector which has...

‘Work from home’ trend to dent office space demand

Present COVID-19 pandemic and subsequent nationwide lockdown has popularised work from home concept as large number of companies and businesses have resorted to this culture for their employees to keep operations of the companies...

Anti-dumping duty on thin MDF likely

The Directorate General of Trade Remedies has initiated the anti-dumping duty investigation concerning imports of plain (thin) MDF boards having thickness of less than 6mm originating in or exported from Vietnam, Malaysia, Thailand and...

Varanasi Smart City sprays sanitizer through drones

Varanasi Smart City has employed drones for spraying of sanitizer in the selected areas of Varanasi City under Smart Cities Mission. The task was undertaken by Chennai Based company, Garuda Aerospace Private Limited and...

Will paint manufacturers go for price cuts?

There is a general feeling that the decorative paint makers may go for price cuts as they have made substantial savings in raw material cost which are mostly crude oil based. However, timing of...

New Delhi railway station redevelopment pre-bid meeting to go online

The Rail Land Development Authority (RLDA) is set to conduct online pre-bid meeting via video link for redevelopment of New Delhi railway station. Depending upon the participation and the reaction of the participants this...

Parliament building renovation may get environment nod this week

Last week the EAC on constructions, townships and area development projects conducted a meeting to consider environmental clearance for several infrastructure projects including Parliament building renovation project. The project was discussed in detail by...

Revision of energy ratings for ACs may be delayed further

Lockdown and its subsequent extension (with the possible further extension, atleast in certain parts of the country) may force the air conditioner manufacturers to approach the government to further delay the revision of energy...

78,000 ‘ready to move in’ homes unsold across top cities

According to a report by Anarock Property Consultants, around 78,000 ready-to-move-in housing units, valued at Rs 65,950 crore, remain unsold in the country. It accounts for nearly 12 per cent of the 6.44 lakh...

International Architectural Competition to Reconstruct Al-Nouri Mosque in Mosul

UNESCO will launch an international architectural competition for the reconstruction of Al-Nouri Mosque. The competition will take on board the input of the residents of Mosul who will be invited to take part in...

Building Materials, Apr 27, 2020

Lockdown has taken its toll on employee movements and appraisals. People are more comfortable in holding on to their jobs than search for better prospects in these hard times. Here is the list of...

UNESCO postpones World Heritage Committee session in June

The 44th session of the World Heritage Committee has been postponed indefinitely in an attempt to prevent the spread of the Novel Coronavirus (COVID-19). The session was scheduled to be held in the Chinese...

NCLAT directs NBCC to implement JIL resolution plan – with rider

The National Company Law Appellate Tribunal (NCLAT) has directed state-run NBCC to implement the approved resolution plan for JIL, but subject to the final order in the matter. NCLAT on Wednesday asked state-owned NBCC (India)...

Cement manufacturers face logistic problems

According to N Srinivasan, Vice Chairman and Managing Director of India Cements, transporting cement was the main problem during the ongoing lockdown. He was talking on a video conference presided over by Chief Minister...

Cement manufacturers slowly take steps to resume production

Some of the large cement manufacturers have started proceeding to reopen their manufacturing facilities after taking necessary approvals from the government and also after putting in place requisite safety measures for the workers &...

PVC prices hit two-year low

Fall in the PVC price is seemingly unabated and it has now touched 27 months’ low. Few days ago, price fell by sharp by 4.2% or Rs 3 per kg. This leads to fourth...

ISHRAE issues guidelines to prevent spread of virus in buildings

The Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE) has set up a "COVID-19 Task Force" comprising "Thought Leaders and Experts", from among its members, to help carve out guidelines as an...

Waterproofing business may be hit by COVID-19

For waterproofing business April to June is the peak season and as such it is likely to be impacted by the COVID-19 and subsequent lockdown. Extension of lockdown from April 15th till May 3rd...

World Heritage Day observed

Last Friday was the World Heritage Day 2020 and the Ministry of Tourism celebrated the Day through a webinar series. The International Council on Monuments and Sites (ICOMOS) has proposed the theme of Shared...

Urban Planning, Apr 20, 2020

Urban planning and within that Transport Planning is the most important segment where some hectic activity is taking place. This week’s Movers & Shakers indicates that. Abhishek Sada is now Traffic Modeler at Khatib &...

Affordable housing will be the worst hit: Industry Experts

According to a cross-section of real estate industry experts, affordable housing will be one of the most affected sectors due to the ongoing nationwide COVID-19 lockdown. According to ANAROCK, a property consultant, nearly 40% of...

Today is International Day for Monuments and Sites

Today is the International Day for Monuments and Sites and the International Council on Monuments and Sites (ICOMOS) has proposed the theme of Shared Cultures, Shared Heritage, Shared Responsibility for the occasion. According to...

Pidilite commences operations partially in 2 units

Pidilite Industries, the largest manufacturer of adhesives in India, has announced that it has resumed operations, partially, in two of its facilities. However, the company has not disclosed the location of those units. The...

Real estate sentiments hit historic low: Survey

According to the 24th Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q1 2020 Survey, current sentiment of real estate stakeholders in India has dropped to an all-time low of 31 in the first quarter (January...

Fall in the PVC prices continues unabated

Declining trend in PVC prices has continued and in less than three weeks it has fallen thrice. Last week the price fell by Rs 3 or 4%. PVC price has fallen by Rs 7/kg...

One year after the Notre Dame fire

It has been a year since the fire ravaged Notre Dame Cathedral in Paris, France. Remember, it was on the unfortunate evening of 15 April 2019 flames tore through the upper levels of the...

Second webinar series of “DekhoApnaDesh” today

After Delhi's success, the second "DekhoApnaDesh" webinar series will be held today between 11:00 AM to 12:00 Noon. The webinar will provide people to get a chance to know about ’Calcutta - A Confluences...

Ar. Rajeev Kathpalia appointed Honorary Professor at XJTLU

Rajeev Kathpalia has recently been appointed Honorary Professor in the Department of Architecture and Design at Xi’an Jiaotong-Liverpool University. Architect Rajeev Kathpalia has been a partner with Vastu Shilpa Consultants (VSC) since 1995, collaborating closely...

Lockdown Will cement industry see a price war?

Extension of lockdown was the last thing one would have expected in cement industry who have not seen single rupee business in last few weeks. Now the same condition will continue for few more...

Realty players fear pay cuts, job losses

Real estate sector, which is estimated to incur a loss of over Rs 1 lakh crore due to nationwide lockdown, is likely to see pay cuts and job losses as cash-strapped builders will look...

RERAs should extend project completion timeline up to 1 year: PHDCCI

The PHD Chamber of Commerce in report has suggested that Real Estate Regulatory Authorities in the states to extend the deadline for completion of projects by six months to 1 year in the wake...

Pipe manufacturers brace for muted demand

PVC pipe manufacturers have already written off the first quarter as a washout with blurred visibility of the quarters thereafter. The fact that lockdown has badly disrupted the real estate sector has further dented...

Architecture and Design, Apr 13, 2020

Lockdown has taken place during appraisal season and when the recruitment reaches the peak. So the pandemic has restricted the professional career movement to an extent but its not a standstill like situation. Here...

AnantU proposes to scale up Covid-19 recovery facilities

Anant National University (AnantU) has approached the Prime Minister's Office (PMO) to transform any vacant space into Covid-19 recovery facility. AnantU will do the transformation free of cost in 3-5 days. AnantU has submitted a...

Disinfection Walkway and Road Sanitizer developed in India

One of the Council of Scientific and Industrial Research’s (CSIR’s) premier engineering lab based in Durgapur, CSIR-Central Mechanical Engineering Research Institute (CMERI) has developed technologies and products, which can help in countering the menacing...

UNESCO supports culture and heritage during COVID-19’s shutdown

UNESCO is launching initiatives to support cultural industries and cultural heritage as billions of people around the world turn to culture for comfort and to overcome social isolation during the COVID-19 sanitary crisis, which...

NAREDCO wants $200 billion relief package for real estate sector

The National Real Estate Development Council (NAREDCO) has sought 200 billion dollars (about Rs 15 lakh crore) from the government as a relief package to minimise the economic impact of COVID-19 and called for...

Lockdown may lead to litigations in commercial realty sector

Lockdown may end sooner or later but that may be just the beginning of lengthy legal battle between the landlords and tenants. Tenants feel that since the office space was not used by them...

Developer cashflows will be adversely affected due to lockdown: CREDAI-MCHI

According to a report analysing the impact of COVID-19 and subsequent lockdown published by CREDAI-MCHI, developer cashflows will be adversely affected due to the lockdown. While cash outflows in the short term will be...

Cement demand could contract by 10-25% in fiscal 2021: CRISIL

According a CRISIL report on cement, depending upon when the lockdown will be lifted, cement consumption in the current fiscal year might fall anywhere between 10% and 25%. According to the report, COVID-19 has...

COVID-19 Slide in PVC price continues in April too

Falling trend in PVC prices has continued in April too and last week PVC prices in India declined further by Rs 1.5/kg. It may be recalled here that PVC prices had fallen by Rs...

COVID-19 Godrej Properties maintains growth despite Lockdown

Godrej Properties, a leading realtor, has achieved growth in total booking value for the financial year 2019-20 of 11 per cent year-on-year at Rs 5,915 crore with residential sales increasing by 14 per cent...

COVID-19 Smart cities using data​ dashboards to monitor

Some of the smart cities like  Smart City of Pune, Surat, Bengaluru and Tumakuru are using the integrated data dashboards, developed by the data analysts and data experts working with their ICCCs (also functioning...

Explained: Cement vs. concrete — their differences, and opportunities for sustainability

Concrete is the world’s most consumed construction material. Yet there’s a lot the public doesn’t know about it or its environmental impact. There’s a lot the average person doesn’t know about concrete. For example, it’s...

editor's picks

NGMA to organise virtual tour of Ramkinkar Baij’s works

Ministry of Culture’s National Gallery of Modern Art will organise virtual tour titled “Ramkinkar Baij | Journey through silent transformation and expressions” to commemorate...

Two adjacent towers to be merged to become one

In a first of its kind, in Australia, two adjacent buildings in Brisbane's CBD will be merged to become one tower. The project, the...

Mall owners may resolve rental issue with retailers through dialogue

Malls have been closed across the country for the last two months due to countrywide lockdown resulting in loss of business to retailers and...

PVC price changes direction, goes up

PVC price which had been falling continuously since mid-March, last week changed its direction...

Urban planning crucial for better public health in cities

As the COVID-19 pandemic continues to highlight the importance of safe distancing in cities,...

More than 55k housing units sold during Q1, 2020

55,138 housing units were sold across nine major markets in the country during the...