Privatisation of NMDC Steel to be completed in H1
Strategic disinvestment of NMDC Steel, which may fetch the government around Rs 11,000 crore for its 50.79% stake sale, is expected to be completed in the first half of the current fiscal year, official sources said. This would be the…
Developers to state how long will apartment last in their plan
Lucknow Development Authority is planning to make the clause binding on developers who are planning a building that has four or more floors. All private developers, who undertake commercial, residential or any other projects, will soon have to mention the…
Structural Audits in Mumbai: An Overview
Mumbai, one of the largest and most populous cities in India, has a rapidly growing skyline with numerous high-rise buildings and infrastructure projects. The city’s coastal location also makes it susceptible to natural disasters such as earthquakes and monsoon floods,…
Kona Expressway likely to get 6-lane elevated corridor by 2026
A 7.2km six-lane elevated superhighway will be constructed on the four-lane Kona Expressway (NH117) and the work, with a two-and-half-a-year deadline, is likely to be over by early 2026. The new stretch will bring an end to the perennial traffic snarl on…
India Data Center Construction Market: Opportunities and Challenges
India’s data center construction market is expected to reach a value of $3.46 billion by 2028, growing at a CAGR of 14.76%. The market is being driven by the need for data-center development as a major criterion for offering internet…
leasing by technology companies and Flex space operators almost neck-to-neck in Q1 2023
Leasing by flex space operators in Q1 2023 inched closer to that of Technology companies for the first time ever. Flex occupiers leased 2.1 mn sq feet of space during Q1 2023, accounting for 20%, few paces behind the technology…
India’s First Prototype Bridge using Indigenous 3D Printing Technology
A prototype 3D printed bridge has been developed and printed as a collaboration between IIT Hyderabad and Simpliforge Creations. The concept and design were developed and evaluated by Prof. K.V.L. Subramaniam and his research group, Department of Civil Engineering, IIT…