What to expect at apex construction rentals

The apex construction rental industry is booming with more than 10,000 workers being employed on every construction site in the country.

With the construction sector growing at a brisk pace, we are finding that the rental sector is in a good position to grow in the long run.

As per a report released by the construction consultancy IHS, the construction rental sector in the nation is set to grow by 11 per cent over the next five years.

This sector is likely to see an annual growth rate of about 25 per cent in the next ten years.

The growth in the construction industry in the current economic climate will come as a great relief to the construction workers in the sector.

“It is good news for the construction labour force and also the overall construction industry,” said T S Dhawan, senior managing director, IHS India.

Construction workers are also set to benefit from lower construction prices and reduced inflationary pressures.

“The construction sector is witnessing a significant improvement in terms of the price per unit of construction in the last few years,” said Dhawan.

“IHS India expects construction industry to see a positive impact on the economy in the near term and growth will accelerate thereafter,” he added.

IHS said that the construction rentals sector is set for a major growth period in the coming years.

“With the construction housing market in a favourable position, construction rentals are likely to continue to be the dominant rental sector,” said IHS’ chief economist and managing director of the India project, R Raghunath.

The report added that construction rentals in India have been witnessing a sustained and rapid growth over the last decade.

A construction worker dies after a construction accident at construction site

Posted August 25, 2018 09:03:11 A construction labourer who died in an accident while working on a construction site in Wuhan was buried in the morning, his family has said.

The 41-year-old died when his head collided with a wall at a construction yard in the city of Dongguan on Sunday afternoon, according to the official Xinhua News Agency.

His family said he had just finished work when he was hit by a wall.

“My brother was working on the site when he passed away,” his sister, Xingtian, told local media.

“We were unable to get to him.”

She added that the worker had not been seriously injured.

Workers were called to investigate a construction mishap on Sunday at a new construction site on the outskirts of the city.

A construction worker, who had been hit by another wall while working, dies after accident at a site in Dongguans construction site, police say in a statement.

Source: Xinhua | Duration: 1min 19sec Topic: Construction

Alabama court rules in favor of home builder who wants to turn over construction materials

The Alabama Supreme Court has ruled in favor to a homeowner who wants the state to return the materials she was given to build her home in exchange for a promise that she won’t sue the builder if the home doesn’t sell.

The Alabama Supreme Board of Appeal ruled Wednesday that Alabama Code Section 17-2-104 requires a builder to return materials within six months if the builder doesn’t get a refund or the property isn’t sold within 30 days.

The court ruled that the builder must then pay the state $100 for each day the materials weren’t returned.

The court said that if the state returned the materials, it could have given the homeowner a full refund or a reasonable and reasonable payment for the materials.

The materials were worth $4,500.

The homeowner sued the builder last year and won.