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Latest Articles in Infrastructure Transport

How co-living and co-working are expected to reshape the Real Estate sector in India, amidst COVID-19!

The pandemic has had a global impact both on our lifestyle, as well as the economies of the world, which need to find its equilibrium, in order to survive. In the wake of COVID-19, most of the industries asked employees to work remotely, and the traditional working pattern has been affected tremendously.

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Mitigate Road Crash Deaths during National Lockdown in Rajasthan: CUTS International recommends Rajasthan Government

CUTS International along with its partners have been maintaining a ‘Road Crash Tracker’ to document road crash deaths and traffic violations during the lockdown since March 25 until now. Road crashes killed 1,51,417 people in 2018

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L&T Technology Services reports 11% revenue growth in FY20

FY20 Revenue of ₹5,619 crore, up 11% FY20 Net Profit of ₹819 crore, up 7%

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Relief for Smaller Developers in 5th Relief Tranche

The 5th and last tranche of the INR 20 lakh crore economic package announced today can help smaller local developers to tide through the unprecedented coronavirus crisis to some extent, and give them some time to get their business on track. In this last tranche, the FM focussed on measures pertaining to MNREGA, businesses, and steps to improve the ease of doing business, among others.

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COVID-19 Relief - FM Fires Second Relief Salvo for Real Estate

The second tranche of the government’s INR 20 lakh crore economic package was unleashed for the benefit of migrant workers, traders, farmers and street vendors – and there was a real estate takeaway. In a big move, the government has announced the one-year extension of the CLSS scheme up to March 2021. This will help push demand for affordable housing.

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Qatar Airways to Give Away 100,000 Complimentary Tickets to Frontline Healthcare Professionals

Qatar Airways to Give Away 100,000 Complimentary Tickets to Frontline Healthcare Professionals As the foremost airline taking people home, Qatar Airways will now support healthcare workers to take a well-deserved break Giveaway will open on International Nurses Day 2020 to say a massive thank you to these heroes. Complimentary Economy Class return tickets on Qatar Airways operated flights will be fully flexible for destinations and dates

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Wipro signs MoU with Maharashtra to repurpose Pune IT facility to 450-bed COVID-19 hospital

Wipro Limited, a leading global information technology, consulting and business process services company, has signed a memorandum of understanding with the Government of Maharashtra under which it will repurpose one of its information technology campuses in Hinjewadi, Pune to a 450-bed intermediary care COVID-19 hospital in four weeks and hand it over to the state government by May 30.

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How Will WFH Impact Office Space Demand?

Commercial real estate has been a reliable mainstay of the Indian real estate sector, remaining vibrant even while residential property remained in the doldrums. Now, the coronavirus has thrown a serious spanner into the works of this lucrative real estate segment, at least for next two quarters.

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Dassault Systèmes and Aden Group Collaborate to Develop Smart and Connected Turnkey Hospital Solutions in Fight Against COVID-19

• Led by Aden Group to establish a consortium of companies to build hospital within 100 days that is easily operated in countries needing it most • Full adoption of virtual twin experience to develop new hospital from engineering, construction and procurement to operations and maintenance • Virtual collaborative platform supports infrastructure and cities innovators taking new approaches to building that increase agility and maximize project outcomes • 3DEXPERIENCE integration collaboration with all disciplines throughout full lifecycle

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15-20% Housing Business Resumes Despite Lockdown

• Homebuying going increasingly digital, top developers leverage digital sales tools to beat Covid-19 blues • Of total 3,000 homes sold by Godrej Properties in FY Q4 2020, at least 17% were sold in second half of March alone • Amidst stock market volatility & recent-past financial sector turmoil, physical asset becoming increasingly relevant • For NRIs, Indian real estate now even more appealing due to depreciating rupee value

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