Gold
Even more enhanced focus on urban design and planning
Originally called the House of Parliament, it was designed by the British architects Sir Edwin Lutyens and Sir Herbert Baker in 1912 as part of their wider mandate to construct a new administrative capital city for British India. The 92-year-old Parliament House, also known as Sansad Bhavan, is home to the Lok Sabha and the Rajya Sabha and one of the most impressive buildings in Delhi. It is said that the circular structure of the 11th-century Chausath Yogini Temple inspired the design of the building. Now, this complex is set for a facelift. Design firm HCP Design Planning & Management has already been awarded the project, which is to be built at a cost of Rs 9.22 billion. The firm is preparing the master plan of the project, including designs, cost estimation, landscape and traffic integration plans, and parking facilities.
Indeed, the pre-eminence of design and planning has come to the fore now more than ever before. In addition to administrative structures, the pandemic has highlighted the need to develop healthcare infrastructure and control the outbreak in dense urban environments.
While the Indian economy has significantly slowed as a result of COVID-19, hospitals are struggling to cope with queues of patients. Their experience has generated interesting learning for the construction industry; in particular, for those planning and designing hospitals. A big experiential takeaway from the frontline is the need for flexible design. Read our August story on Hospital Design and Construction Post-COVID here.
CONSTRUCTION WORLD has been curating ideas such as these for urban design by creating a platform to showcase the best architects and builders in India—the CONSTRUCTION WORLD ARCHITECT & BUILDER (CWAB) Awards—for the past 15 years.
Since their inception in 2006, the CWAB Awards have become the most coveted awards for the architectural industry, with over 100 jury members, recognising over 50 architects and builders and 36 noteworthy projects as well as giving out 28 regional awards.
While this year has been challenging for all, the show must go on! This must-attend event of the building industry will be held virtually, thereby allowing not only the building industry from India but also neighbouring countries who are seeking inspiration from the talent showcased at this event. To honour all the winners of the past 14 years, as well as crown new ones, the CWABAwards will be held on August 28, 2020. Who will be the new faces that will shine at these awards—any guesses? Tune in and find out!
Meanwhile, here’s a list of the winners of the 14th CWAB Awards.
India’s Top Architects
India’s Top Builders
CWAB Regional-South
Top Architect (Tie):
Top Builder
Top Architect
CWAB Regional-East
Top Architect
CWAB Regional-North
Top Architect (Tie)
Noteworthy Projects
Top Challengers 2018-19
USA Mortgage Rates Reach 6.95%
In July 2024, the average mortgage rate in the USA rose to 6.95%, marking a significant increase and impacting homebuyers nationwide. This upward trend in mortgage rates is attributed to several economic factors, including inflationary pressures, shifts in the Federal Reserve?s monetary policy, and broader market dynamics. The rise in mortgage rates presents challenges for potential homebuyers, making borrowing more expensive and potentially slowing down the housing market. Higher rates can lead to increased monthly payments for homeowners, reducing affordability and potentially deterring new ..
Toronto Home Sales Increase 4.2%
In June 2024, home sales in Toronto experienced a notable rise, increasing by 4.2% compared to the previous month. This growth highlights a positive trend in the Toronto real estate market, indicating robust buyer activity and a favorable environment for sellers. Several factors contribute to this uptick, including attractive mortgage rates, strong demand for housing, and a stable economic backdrop. The Toronto Regional Real Estate Board (TRREB) reported this increase, pointing to heightened buyer confidence and competitive market conditions. Despite rising interest rates in other parts of Nor..
New Zealand Boosts Home Construction
New Zealand is set to implement regulatory changes aimed at boosting home construction to address the nation's housing shortage. The government plans to streamline building consent processes, reduce construction costs, and increase the supply of affordable housing. This initiative is part of a broader strategy to make housing more accessible and alleviate the pressure on the housing market. Key elements of the regulatory overhaul include simplifying the approval process for new housing projects and reducing bureaucratic hurdles that often delay construction. By cutting red tape, the government..
Opinion Poll
Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?
Latest updates
