Projects

Almost 200 million sq ft of space will be added across all segments including housing, office, retail and logistics this year (2019), said a report by property consultant CBRE India.

The NITI Aayog and the Rocky Mountain Institute (RMI) have released a report on opportunities for the automobile sector and government under the Faster Adoption and Manufacturing of Electric Vehicles II (FAME II) scheme.

The Indian Navy is developing advanced technologies and its immediate projects include development of alternative desalination technologies, installation of wireless MEMS based sensors for remote operation and Residual Life Assessment studies of Gas Turbine Generator blades to improve reliability.

The passenger vehicle market in India is likely to reach about five million units in FY 2023 from 3.3 million units in FY18, clocking a compounded annual growth rate (CAGR) 7.7%, according to a recent ASSOCHAM-Roland Berger joint study.

Indian states and major cities will henceforth play a major role in industrialization of India and the race is on as each state is seeking investment independently.

The Central Board of Direct Taxes (CBDT) has entered into 18 APAs in the month of March 2019, which includes three Bilateral APAs (BAPAs).

The Vice President, M. Venkaiah Naidu, has called for the promotion of new and renewable energy in a big way, not just to ensure energy security but also protect the climate and reduce pollution.

Self-redevelopment of old, dilapidated housing projects in cities like Mumbai is a much-talked-about new phenomenon and is rapidly catching on because it is, in many cases, a practically possible proposition.

The demand for polyamide in India is projected to grow at a CAGR of 9.41% during 2019-2030 to reach 657 KTPA by 2030. It was 206 KTPA in 2018.

Foreign investors are convinced of a certainty on return on investments from the Indian real estate which is also winning the confidence of banks following over 80% consolidation from the shakeup of positive but disruptive policies.