Category: CAPEx


Construction Technologies that will make ‘Housing for All’ a Reality by 2022

Developers of affordable homes in India are faced with multiple challenges and the requirement for swift execution and consistent quality of construction is the biggest of the lot. With the scale of a typical affordable housing project, low-wastage and speedy construction are vital to achieving the volumes in the prescribed period, as any delay in […]

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Punjab cabinet approves new building rules

The Punjab Cabinet recently made amendments for easing building rules to give the further boost to the construction industry, while facilitating better urban planning and development in the state. The cabinet also approved the Punjab Urban Planning and Development Rules-2018, providing for purchasable unlimited floor area ratio (FAR) for group housing, commercial, public office, hotel […]

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China lay emphasis on the safety of high-rises

The Chinese Ministry of Public Security has issued a draft regulation on fire safety for high-rise buildings and for public consultation. According to the draft, Shopping malls are banned from setting up on the third basement or below in high-rise buildings, and entertainment places should not be established in the second basement or below. The […]

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DIFC aims to lease 90% of its property

Dubai International Financial Centre (DIFC), the emirate’s financial free zone, aims to lease 90% of units at its Dh1 Billion (US$272 million). Gate Avenue retail development before it opens in 2018, to avoid creating a “ghost town,” the official leading the project said. Gate Avenue is a retail podium linking together the numerous towers of […]

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UK’s Hasting Piers crowned best new building by RIBA

Hastings Pier has been crowded with the UK’s best new building. The building was constructed in 1872 but was ravaged by fire in 2010 and had to close two years earlier because of storm damage. Standing tall on the East Sussex coast and overlooking the English Channel, its resurrection has been described by judges as […]

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Tulip Infratech enters the infrastructure and construction sector

Tulip Infratech, a distinguished real estate company in India, is all set to enter country’s promising infrastructure and construction sector. Talking about the growth plans, Parveen Jain, Chairman & Managing Director, Tulip Infratech, said that Tulip enjoyed an enviable reputation for realty excellence of being in operation since 2005. With the government’s focus on infrastructure […]

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Foster + Partners to erect Toronto’s tallest skyscraper

Foster + Partners has begun construction in Toronto’s business district, which is set to become the country’s tallest skyscraper at 306 metres. At 85 storey, it will be Canada’s tallest building and the second-tallest manmade structure after the CN Tower, a 553-metre communications and observation tower. The rectilinear design by British firm Foster + Partners […]

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India collaborates with Russia to construct nuclear plant

India is all set to collaborate with Russia to build the Rooppur Nuclear Power Plant in Bangladesh. This will be India’s first atomic energy venture abroad and first such collaboration on an atomic energy project in a third country. “We are collaborating with our Russian and Bangladeshi partners on establishing the Rooppur Nuclear Power Plant […]

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CCT purchases 46-storey tower in Singapore

Capital and Commercial trust (CCT) will buy a 46-storey office tower in Singapore’s financial district, for Asia Square Tower 2 for $2.1 billion. This is the second largest office building sale after the sale of 43-storey tower 1. The deal is undertaken by BlackRock Inc. Some of the tenants of CCT include Australia Bank and […]

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Colombo to get the second tallest building of Asia

The developers of The World Capital Centre (WCC) have signed a $2 billion investment agreement with the Board Of Investment of Sri Lanka (BOI) on  for what could be Asia’s second tallest building and the third tallest in the world. The 625-meter tall building which will be constructed at the commercial heart of Colombo will […]

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