March 18, 2018
As many as 4.4 lakh housing units were unsold in seven major cities at the end of 2017 with Delhi-NCR contributing maximum at over 1.5 lakh flats, property consultant JLL India said. The consultant expects high level of unsold inventories would result in stable housing prices. According to its recent survey, JLL said, "as many…
March 18, 2018
Hong Kong's richest man, Li Ka-shing, has finally stepped down from his business empire at the age of 89, as one of the world's most storied tycoons brings his career to a close almost 70 years after founding his first company. Li spent decades making his name in Hong Kong and around the world at…
March 18, 2018
Cement demand in India is likely to grow about 4.5 per cent in 2018-19 on the back of pick-up in housing segment, and higher infrastructure spend, rating agency ICRA said today. Domestic cement production during April-December 2017-18 stood at 216.5 million metric tonne (MMT), higher by 2.7 per cent compared to 210.8 MMT during the…
March 18, 2018
By Sudhir Pai Much on expected lines, the government in Budget 2018-19 has continued with its thrust for Affordable Housing and Housing for All scheme. The government has been consistent with its efforts in addressing affordable housing in 2017 -- be it giving infrastructure status to this segment in the previous budget, to helping increase…