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Mid-size cement companies plan expansion as demand revives

MUMBAI: In an industry where size matters more than any other attribute, cement majors in the country have been acquiring large distressed rivals. But those with regional ambitions are also getting bigger, leading the capexcycle revival in the world’s second-largest...

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Govt notifies amendments in Delhi’s master plan

NEW DELHI: The government has notified amendments in the Delhi's Master Plan which will also allow shop-cum-residence complexes to continue with activities permissible in a local shopping centre (LSC), subject to conditions. The LSCs are government-approved marketing...

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Realtor to repay premium for not delivering promised view

MUMBAI: If a real estate developer has charged a premium for a specific view and the view no longer exists, the developer will have to refund the amount to homebuyers. In most property markets, realty developers usually charge an amount for this, implying an...

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Building plans in Pune region stuck in Auto DCR facelift

PUNE: Pune Municipal Corporation’s (PMC’s) Auto DCR process has gone for a toss with architects and developers not being able to submit their proposals since last month. Developers have claimed that their projects are not taking off because of this. The PMC...

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With no bidders, smart city SPVs in Karnataka to go local

HUBBALLI: The special purpose vehicles (SPVs) of the proposed tier-II smart cities Hubballi-Dharwad, Shivamogga, Davanagere, Belagavi, Tumakuru and Mangaluru are now looking for local contractors to implement their projects as no bidder is coming forward to invest....

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