Tag: Housing Construction

BMC Announces Increase in Water-Supply In Mumbai

In a move to take away the overburden from the shoulders of city residents, BMC has announced an increase in the water supply in the city. The BMC move may boost the construction sector. Last year, builders had to cop up with the lack of water for construction purposes. This year the builders expect that […]

NBO to launch housing index by March’09

The Reserve Bank of India (RBI) has asked a government agency that collects statistics on the country‚Äôs housing construction activities to launch a housing start-up index by March 2009, to help it assess the impact of fiscal and monetary stimulus offered to revive the sector. The index, to be launched by the National Building Organization […]