NEW DELHI: Real estate ancillary industriesNSE -1.64 % such as elevator, tile and pipe manufacturers are counting on the government’s Rs 25,000 crore stress fund for reviving stalled projects to improve their business prospects. IndiaMART, an online B2B marketplace connecting buyers and suppliers, said growth in queries had fallen 50% and the government’s intervention will help revive the ancillary industries. Lift manufacturers Read More

The real estate sector is expected to generate 1.28 crore of man-days in West Bengal in future, state Finance Minister Amit Mitra said on Thursday. Since the Trinamool Congress came to power in the state in 2011, the real estate sector has seen a CAGR of 15.7 per cent, he said. “The real estate sector is the second largest employer Read More

NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said four real estate companies from three cities, Mumbai, Bengaluru and Hyderabad, have approached to avail Rs 25,000 crore bailout fund. More companies are likely to approach the nodal agency for taking benefit of this window from next week, she said. Earlier this month, the government approved a Rs 25,000 crore fund to help complete over Read More

Two persons were arrested, a factory was sealed and eight real estate firms were slapped with penalties of Rs 5 lakh each on Wednesday for violating anti-pollution norms, the Gautam Buddh Nagar administration said. The action was taken in Noida and Greater Noida as air quality deteriorated to ‘severe’ category, and the Central Pollution Control Board (CPCB) once again ordered Read More

MUMBAI: Three years after Narendra Modi in an address to the nation banned Rs 500 and Rs 1,000 currency notes digital transactions are increasing year over year but large number of people still prefer cash transactions over digital transactions as per a survey. The survey also pointed out that black money continues to dominate the real estate market despite the demonetisation of currency notes. When asked how much Read More

When considering the depth and breadth of the real estate industry there are myriad opportunities that could be included from realtors, appraisers, inspectors and attorneys to architects, general contractors and tradespeople to all things supporting home ownership like insurance agents, home improvement stores and their staff. In fact, according to the NAHB, housing accounts for 15-18% of the nation’s economy Read More

  Branded players see upswing but smaller developers are still struggling Home sales in Kolkata have been a mixed bag over the first nine months of 2019. While branded real estate developers have seen an upswing of sorts and improvement in sentiment, smaller players and standalone projects are yet to gain any sales momentum. Project launches continue to be on Read More

BENGALURU: A sharp rise in enrollment of women coders for the fifth edition of Tech-Gig’s Geek Goddess clearly shows that the technology industry is seeing improved gender diversity, said Ram Awasthi, Vice President, Technology, Times Internet. The fifth edition of the coding challenge for women saw 73,000 registrations from nearly 39,000 in the first edition. “Biggest change is that we started from Read More

Such in line with the announcements made by Union finance minister Nirmala Sitharaman in September, the cabinet on November 7 approved a Rs 25,000 crore special window to provide funding to stalled housing projects in a bid to revive the sector. According to the government, as many as 1,600 projects with 458,000 dwelling units will be covered under this. While Read More

More than 200m homes now have a smart speaker providing voice-controlled access to the internet, according to one global estimate. Add this to the talking virtual assistants installed on many smartphones, not to mention kitchen appliances and cars, and that’s a lot of Alexas and Siris. Because talking is a fundamental part of being human, it is tempting to think Read More