Construction key part of India鈥檚 economy with around 9 per cent of GDP

31 Dec 2021 CW Team

Construction startups in India are finding a place in the sun as the sector looks for new-age technologies to improve the delivery of infrastructure and real-estate projects.

The year 2020 was a washout for many businesses 鈥� but certainly not for Indian construction tech startups. A record 18 startups in the segment received equity infusions, according to data from Tracxn (see chart), although the $ 0.241 billion (bn) flow of equity into the segment was lower than the all-time high, $ 1.050 bn in 2018. 2021 promises to outperform last year, with nine startups already receiving $ 0.723 bn in equity funding.

If you look at the global picture, which is important because overseas construction tech startups like Katerra and Briq are operational in India, construction tech is one of the most active sectors for investors, with an overall equity funding of $16.5 bn in 1K+ companies, according to Tracxn. Over half, this funding was raised in the past three years (2019-2021 to date).

What鈥檚 attracting investors to construction tech startups?

Click here to read more鈥�

Real Estate

21 May 2025

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Infrastructure Transport

21 May 2025

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Infrastructure Transport

21 May 2025

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..