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Ticker Tape March 2025

Construction Ticker March 2025

wienerberger India, a leading provider of green building materials has recently launched T-Brick, a façade tile system that redefines the future of modern brick architecture with a perfect blend of aesthetics and functionality.

T-Brick Façade Tiles combine robust design, rich textures, with advanced dry cladding system to create a premium and sustainable brick architecture. With an extensive range of colors & finishes, architects and façade consultants can create visually stunning and impressive structures.

“T-Brick is a game-changer in the façade tiles industry,” said  Monnanda Appaiah, Managing Director, wienerberger India. “Its unique blend of aesthetics, functionality, and sustainability makes it the perfect choice for premium and sustainable architecture.”

T-Brick’s innovative design provides a faster, cleaner, and more secure installation process, saving time and money for builders and developers. Its unmatched durability and weather resistance ensure that buildings adorned with T-Brick tiles retain their elegance for decades.

Key Features of T-Brick:

Unique and sleek design with extensive range of finishes and colours

Advanced dry cladding technology for faster, cleaner, and more secure installation

Unmatched durability and weather resistance for long-lasting elegance

Sustainable and eco-friendly, integrating seamlessly with green building practices

Special designed installation board makes the system unique

Ideal for premium projects, T-Brick can be used in few, exclusive places

“We are committed to providing sustainable and innovative building solutions,” added  Appaiah. “T-Brick is a testament to our dedication to excellence and our passion for revolutionizing the facade industry.”

With T-Brick, wienerberger India aims to revolutionize the façade architecture industry with a luxurious and sustainable building solution. The company’s commitment to innovation, sustainability, and excellence makes T-Brick an ideal choice for architects, builders, and developers seeking to create iconic and eco-friendly structures.


Nemetschek Group, a global leader in digital solutions for the Architecture, Engineering, and Construction (AEC) industry, has partnered with Ovation Services in a $0.5 million deal to advance structural steel detailing and Building Information Modeling (BIM) services across India. This collaboration positions Nemetschek India at the forefront of digital construction solutions, empowering Ovation Services with cutting-edge technology to enhance precision, efficiency, and project outcomes.

Under this partnership, Ovation Services will integrate Nemetschek’s industry-leading ALLPLAN SDS2 software into its operations, reinforcing its capabilities in structural steel detailing, connection design, and BIM services. Additionally, Ovation will leverage Nemetschek’s BIM Construction package, which includes Bluebeam which enables seamless project collaboration and advanced digital workflows. With offices in Hyderabad, Chennai, and Kakinada, as well as in the United States (Copley, Ohio; Hoover, Alabama; and Auburn, Georgia), Ovation Services will now offer an expanded suite of high-precision engineering solutions to its global clientele. By adopting Nemetschek’s advanced BIM and structural design tools, Ovation aims to optimize project delivery, reduce rework, and improve constructability.

“This partnership with Ovation Services is a significant milestone in Nemetschek’s mission to accelerate digital transformation in construction,” said Nirmalya Chatterjee, Managing Director of Nemetschek Group (Indian Subcontinent). “ALLPLAN SDS2, along with our BIM Construction suite, provides a robust technological foundation for improving steel detailing accuracy, project coordination, and overall efficiency. We are excited to collaborate with Ovation and drive innovation in the AEC industry.”

Rama Krishna, Vice President at Ovation Services, emphasized the impact of this collaboration, stating, “Integrating Nemetschek’s technology stack allows us to take our structural engineering and BIM capabilities to the next level. With access to ALLPLAN SDS2 and Bluebeam, we can deliver more precise, efficient, and intelligent solutions to our clients worldwide. This partnership aligns with our commitment to excellence and innovation.”

With this strategic alliance, Nemetschek Group continues to strengthen its presence in the Indian AEC market, reinforcing its role as a key enabler of digital transformation and innovation in construction workflows.


Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced today that it has been appointed as the preferred partner for the redevelopment of two residential societies in the Lokhandwala Complex, Andheri West, Mumbai, with a project value of approximately Rs.1,200 crore. The project will be pursued under the state’s cluster development scheme. The redevelopment site is strategically located 15 minutes from the upcoming Versova-Bandra Sealink, providing excellent connectivity to other parts of the city. Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers Ltd., said, “This strategic milestone significantly fortifies our presence in Mumbai’s western suburbs, a pivotal market for our growth ambitions. We are most excited to leverage our expertise to create an exceptional living experience.”

Vimalendra Singh, Chief Business Officer – Residential, Mahindra Lifespace Developers Ltd., said, “This project is a testament to the trust that customers have placed in Mahindra Lifespaces. They value our proven track record of delivering high-quality living spaces and our commitment to transparency. At Mahindra Lifespaces, we prioritize innovative designs, timely delivery, and uncompromising quality. By combining these values with our expertise in creating premium residences, we aim to exceed our customers’ expectations and enhance the neighbourhood.”

The area is also witnessing robust development of social and leisure infrastructure, including the upcoming coastal road. This premium project will offer residents a unique blend of comfort, convenience, and connectivity.


Neworld Developers, a prominent player in the Indian real estate sector, has announced its strategic expansion plan to launch real estate projects worth Rs.5000 crore over the next five years. With a focus on delivering integrated townships, villas, resorts, and hospitality-linked developments, the company is set to redefine modern living experiences across key locations.

The major highlight of the expansion is the upcoming launch of a township project in Goa in May 2025, backed by robust infrastructure, premium amenities, and seamless connectivity to the newly developed MOPA Airport. The project has already received all necessary approvals under state regulations, including the NA (Non-agricultural) registration and Occupancy Certificate (OC), ensuring transparency and reliability for homebuyers.

Neworld Developers has acquired 182 acres of prime land in Goa & Maharashtra, aiming to create a vibrant township that offers more than just residential spaces. Unlike traditional second homes or retirement communities, the township is designed to provide a comprehensive lifestyle experience with a mix of plotted developments, premium villas, and resort-like living spaces. The initial phase, with a sales value of Rs.400 crore, is set to commence possession soon.

Sunil Sisodiya, Chairman and CEO of Neworld Developers, who brings over 17 years of experience in the real estate industry, shared his vision for the expansion, “At Neworld Developers, we believe in building experiences, not just homes. Our projects in Goa are a reflection of this commitment — integrating residential, commercial, and hospitality elements to create self-sustained communities. With approvals in place and development well underway, we are eager to introduce a township that will offer an exceptional living environment, complemented by Goa’s serene landscape and excellent connectivity. This is just the beginning of our Rs.5000 crore development roadmap.”

In addition to its presence in Goa, Neworld Developers is planning to acquire land parcels in multiple parts of Haryana for plotted developments under the fresh scheme to promote affordable housing in the region.

Furthering its national presence, the company is also exploring opportunities in culturally significant locations such as Mathura, Ayodhya, and Meerut, with plans for township projects that cater to the evolving housing demand in Tier 2 and Tier 3 cities.

With a development journey spanning over 3 to 4 years, Neworld Developers has maintained a strong emphasis on quality, timely delivery, and customer satisfaction. The company’s projects are backed by promoter’s equity investment, reflecting confidence in its long-term vision.

“Our goal is to contribute to the growth of India’s real estate landscape by creating thoughtfully designed spaces that meet the needs of both homebuyers and investors. As we roll out projects valued at over Rs.5000 crore in the next few years, we remain committed to delivering excellence at every step.” added Sisodiya.


Merino Shelters, a wholly owned subsidiary of MAN Industries, has partnered with Paradise Group to develop its 6-acre land parcel in Navi Mumbai over six years, aiming to monetize a value of Rs.770 crore.

The company has executed a deed of assignment and granted development rights for the prime land opposite DY Patil Stadium, Nerul, to Paradise Green-Spaces LLP. The site boasts excellent connectivity and is strategically located near the upcoming Navi Mumbai International Airport, set to become operational in June 2025.

As part of the deal, Merino Shelters has received an upfront payment of Rs.70 crore and will secure 30% of the developed area, equivalent to approximately 4.50 lakh sq ft of RERA carpet area, with an estimated monetization value of Rs.650-Rs.700 crore over 5-6 years. The total projected value of the project is between Rs.720-Rs.770 crore.

Nikhil Mansukhani, Managing Director of MAN Industries, stated that the company aims to monetize non-core assets while strengthening its core line pipe business and expanding into high-value segments and new markets.

Manish Bathija, Managing Director of Paradise Group, highlighted the project’s potential, emphasizing its prime location and close proximity to the upcoming airport as key factors driving development opportunities.


HDFC Capital, the real estate private equity arm of HDFC Group, has partnered with Total Environment, one of South India’s leading real estate developers, to form a Rs.1,300 crore platform for the development of high-quality homes in Bangalore.

This strategic collaboration will add an additional 6.5 million square feet of new residential projects to the ongoing 16 million square feet of residential projects being developed by Total Environment. The new residential projects will have a combined GDV of Rs.10,100 crores, which will be delivered over the next four to five years.

The partnership will develop sustainable greenfield residential projects enhancing the city’s housing landscape by providing quality living spaces for its residents.

Commenting on the transaction, Vipul Roongta, Managing Director & CEO, HDFC Capital said, “HDFC Capital is committed to strengthening our partnership with trusted real estate developers with an established track record. Our collaboration with Total Environment helps address the significant demand for sustainable, high-quality homes for mid-income and upper mid-income households in India.”

Kamal Sagar, Founder, Total Environment, expressed his views on the collaboration, stating, “We are glad to build upon and deepen our long-standing partnership with HDFC Capital. The investment provides long-term and flexible capital to fund and develop large, vibrant residential communities, and includes investment into some of our ongoing projects to help deliver them faster. This collaboration will help further our mission to continuously improve our products and services through care and craftsmanship.”

This platform marks the fourth investment by HDFC Capital in Total Environment, highlighting their strategy of partnering with top-rated developers. Two of the three existing investments have resulted in successful exits, creating significant value for all stakeholders.


Amaravati, the planned capital of Andhra Pradesh, has received a significant financial boost with Rs.26,000 crore in funding, backed by the Department of Economic Affairs and the Ministry of Housing and Urban Affairs (MoHUA). The funding is further supported by multilateral agencies, including the World Bank and the Asian Development Bank (ADB), which have extended Rs.11,000 crore in soft loans. These investments will drive large-scale infrastructure projects and governance reforms to modernize the city. In addition, contracts worth Rs.40,000 crore have been awarded in recent weeks, reinforcing Amaravati’s development momentum, according to G. Surya Sai Praveenchand, Additional Commissioner of the Capital Region Development Authority (CRDA), Government of Andhra Pradesh. Speaking at the CII South India Annual Convention 2025, Praveenchand highlighted ongoing discussions with the World Bank and ADB to establish an integrated governance framework that streamlines city and district administration for efficient urban management. Strategically located between Vijayawada and Guntur, Amaravati is set to become a hub for non-polluting industries while benefiting from the region’s thriving logistics, food processing, and pharmaceutical sectors. The city’s sustainability-focused infrastructure plans include a 24/7 “Drink from the Tap” initiative, 100% wastewater reuse through a dual-pipeline system, and a piped gas supply network for residents. Further, Amaravati aims to promote eco-friendly urban mobility with 2,000 km of shaded pedestrian pathways, dedicated cycling lanes, and extensive green infrastructure. Nearly 30% of the city—spanning 65 km²—is designated for green and blue spaces, including urban forests, parks, and a 48 km-long canal network to enhance ecological sustainability. Designed to accommodate 3.5 million people across 275 square km along the Krishna River, Amaravati is advancing toward becoming a model smart city with future-ready infrastructure and sustainable urban development initiatives.


Birla Opus Paints, the decorative paints division of Grasim Industries, is accelerating its expansion into tier 2 and tier 3 markets through an innovative franchise model. The company aims to establish compact 300-400 square feet stores staffed by trained local entrepreneurs and paint consultants, bringing premium service to smaller towns. “The majority of stores catering to metros, non-metros, and smaller towns will be franchise stores,” said CEO Rakshit Hargave, emphasizing the company’s strategic push into underserved regions. Since its launch in April 2024, Birla Opus has positioned these franchise outlets as scaled-down versions of its larger experience centers. On March 25, the company inaugurated two new experience stores in Mumbai, including a flagship location in Worli. These stores will serve as hubs for customers seeking expert consultation, a complete product range, and a seamless shopping experience. To date, Birla Opus has established over 400 franchise stores across India, with plans to expand further each month. The franchise model is designed to provide localized service while maintaining the brand’s comprehensive product offerings. “These stores will be a space where customers can visit with their families, alongside designers and architects,” Hargave added, highlighting the community-driven approach of the initiative.

Currently operating in approximately 6,000 towns, the company aims to onboard nearly 50,000 dealers by year-end. This expansion strategy complements its network of company-owned stores in metropolitan areas, fostering what Hargave describes as a “vibrant ecosystem” for customer engagement.

Despite a slowdown in the decorative paints market, Birla Opus remains optimistic about its growth trajectory. “We’ve seen a market slowdown over the past six to eight months, but we believe this is cyclical, and improvement is on the horizon,” Hargave stated. The company’s expansion is underpinned by a strong manufacturing infrastructure. With five operational plants and a sixth facility in Kharagpur, West Bengal, set to begin trial production in the next fiscal quarter, Birla Opus is reinforcing its position as a national player. Birla Opus prioritizes dealer profitability and efficient inventory management, avoiding excessive stock-building to ensure strong returns on capital employed. “Our focus is on dealer success and sustainable growth,” Hargave affirmed.

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