CONSTRUCTION & ARCHITECTURE UPDATE
MARCH-APRIL 2015
VOL. 6 ISSUE 6
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editor’s note It’s tangible, it’s solid, it’s beautiful. It’s artistic, from my standpoint, and I just love real estate –– Donald Trump
www.constructionarchitectureupdate.com www.erafamemedia.com Editor Imran Ahmad Khan
Dear Reader, Let me take the opportunity to THANK to all twelve builders, who have been featured in this issue but we also adhere that there are plenty great real estate developers and their excellent works we all witness PAN India. In Union Budget 2015, real estate sounds ordinary in terms of the direct benefit to buyers to boost demand for houses and take the sector out of the slump, In fact, areas such as affordable housing and smart cities didn’t found any mention, although the thrust on infrastructure and sustainable economic growth will benefit it in the long run. The Indian real estate sector is one of the most globally recognized sectors. In the country, it is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. It comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodation. Rightly said by Mr. Ravi Memon- More and more multinational organizations are expanding their footprints in prime southern states and offering lucrative jobs. This is evident by the increase in the transaction of luxury products such as cars, electronic goods and residential properties in these areas. Commercial development has gained pace with the increase in the employment opportunities. Infrastructure development and the budding start-ups have also contributed a great deal to the real estate development in South India. Next 3 months are going to be very crucial at India’s growth and development perspectives. Industrialists and Companies are having high expectations in terms of positive market flow and government boost-up in their respective sector..
Have an insightful reading. Your suggestions are most welcome! Email: editor@erafamemedia.com
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Contents
www.constructionarchitectureupdate.com
March-April 2015 • Vol. 6 Issue 6
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18 88 90 98
Post Budget Reactions Roofing Pre-Engineered Buildings LED Lightings
Ravi Menon Sobha Limited
Kushagr Ansal Ansal Housing
Pirojsha Godrej Godrej Properties
Pavan Bakeri Bakeri Group
Brotin Banerjee Tata Housing
Gautam Ahuja Ahuja Constructions
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M R Jaishankar Brigade Group
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Nikhil Jadhav Akruti Developers
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Dinesh Patel and Sharif Memon Deep Group of Companies
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Deepak Goradia Dosti Realty
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Shravan Gupta Emaar MGF
Product Line Asada Decor Pvt. Ltd................................................................ 44 Profine India Window Technology Pvt. Ltd................................. 50 Star Coatings and Membranes Pvt. Ltd............................. 70, 114 Trade Will Interiors................................................................... 94 Nuvo Skyline Steel Structure.................................................... 96 Able Lighting......................................................................... 106 K-Lite Industries.................................................................... 108 Technics Unlimited................................................................. 109 Walplast................................................................................ 116 MC-Bauchemie (I) Pvt. Ltd...................................................... 118 Vineet Sanitrade Co................................................................ 126 Dow Corning.......................................................................... 130
Editor’s Note.................................................... 4 News.......................................................... 8-16 Subscription................................................ 129 Index to Advertisers..................................... 131 006
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news at glance CREDAI chief hails rate cut n Describing the RBI’s announcement of repo rate cut by 25 basis points as “an excellent move”, realtors apex body CREDAI Chairman Mr. Lalit Kumar Jain said, this should help the industry and business in general to tackle liquidity crisis. In fact, there is further scope to ease the credit policy, said Mr. Jain, who is also the CMD of Kumar Urban development Limited (KUL). He appealed to the RBI to note the fact that the real estate and infrastructure sectors together form the backbone of the nation’s economy and therefore they need to be allowed to adequate liquidity. He pointed out that several projects have been delayed due to financial crunch; hence rollover / restructuring should be permitted in current scenario. It is about time that the banks opened their doors to help the key sectors tide over the crisis. The two sectors contribute up to 11% to GDP and support over 200 hundred other industries, he said.
‘Element’ new faucet range from hindware Made in India at India’s first automated faucet plant in Kaharani n Strengthening its impeccable portfolio, brand hindware from HSIL Limited, introduced ‘Element’, an exquisite range of faucets in the market. A contemporary classic, ‘Element’ is manufactured at HSIL’s most modern Greenfield state-of-the-art automated faucet plant commissioned recently at Kaharani. Made of virgin brass and use of technology at each stage of its manufacturing process is one of the hallmark of ‘Element’ faucets. Automation guarantees uniformity in design, specification and everlasting shine in every piece.
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NMMC has been awarded the prestigious GOLD certification under LEED INDIA New Construction n The new Head office building of Navi Mumbai Municipal Corporation (NMMC) has been awarded the prestigious GOLD certification under LEED INDIA New Construction rating system by Indian Green Building Council (IGBC) for its commitment to sustainable development. Green Building Consultancy Services, one of the lines of businesses of Electricals & Electronics Division at Godrej & Boyce Mfg. Co. Ltd. was the Green Building consultant and Hiten Sethi Associates (HSA) was the Architectural Consultant on onboard for the project. The Head Office building of NMMC is located at Belapur, Navi Mumbai, has a total built up area of 33,258 square meters and houses various Administrative, Engineering departments, Political Head offices and General Body hall under one roof.
The Real Estate Investment Trust (REIT) as an investment vehicle has the potential to transform the Indian real estate sector n KPMG, Knight Frank India, Hariani & Co and NAREDCO today launched a comprehensive analysis on Real Estate Investment Trust (REIT) by outlining the importance of a REIT in the Indian context; guidelines applicable to REIT, tax implications and an overview of REIT model in other countries.Punit Shah – Partner and Head, West India, KPMG in India said “REIT could have a large opportunity in the Indian real estate market with a growing economy, existing portfolio of commercial real estate and conducive investment climate.
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news at glance RAK Ceramics turns heads at Cevisama Spain as it launches Maximus Mega Slab n RAK Ceramics, a global hi-tech manufacturer of lifestyle ceramics solutions with a turnover of one billion USD, announced today the launch of the largest ceramic tile in the GCC region. Maximus Mega Slab in Gres Porcellanato, produced using Continua Technology will be the largest single pressed ceramic tile in the region measuring a gigantic 1.5 x 3 metres. The innovation was launched at Cevisama Exhibition, one of the largest international exhibitions in the ceramic tiles, sanitaryware and natural stones industry, taking place in Spain in Feb. 2015.
Oberoi realty announces Q3fy15 and 9mfy15 results n Oberoi Realty Limited, headquartered in Mumbai, today announced it’s results for the third quarter of FY15 and nine months of FY15. The company has recorded Consolidated Revenues of Rs. 219.60 crore for Q3FY15 as against Rs. 185.95 crore for Q3FY14, a growth of 18.09% and Rs 590.81 crore for 9MFY15 as against Rs. 627.02 crore for 9MFY14. The Consolidated Profit Before Tax for Q3FY15 is Rs. 119.19 crore as against Rs. 98.32 crore for Q3FY14, a growth of 21.22% and Rs. 316.72 crore for 9MFY15 as against Rs 337.79 crore for 9MFY14.
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India LED Lighting Market Outlook to 2019 – Next Wave of Growth Driven by Government Initiatives n India LED Market is expected to reach more than INR 200 billion in terms of revenue by FY’2019. Future growth of India LED market is expected to be led by increasing government initiatives, falling prices of LED lights and growing concerns with respect to energy conservation. The LED industry is one of the most dynamic industries and plays an important role in the lighting sector of India. LED market has grown at a CAGR of 56.1% in terms of revenue generated from FY’2009-FY’2014.
RBI rate cut - good beginning, but more expected, says Rajesh Prajapati n The real estate industry welcomes the announcement of Dr. Raghuram Rajan, RBI Governor on a cut of 25 basis points in its repo rate as a good beginning said, Mr. Rajesh Prajapati, MD, Prajapati Constructions. ”It is a first step among the many expected, and a long awaited one, which will propel the growth of the real estate industry,” he said. “We are happy to now see a possibility of single digit home loan rate after many years which will act as a catalyst, attracting and making possible more and more home buyers to buy their dream home.
March-April 2015 > Construction & Architecture Update > www.constructionarchitectureupdate.com
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news at glance YOUnique Walls by Marshalls n India’s No. 1 in wallcoverings, Marshalls has continued its tradition of innovations with the launch of YOUnique Bespoke Walls. Fascinating images of breathtaking slices of nature, heartwarming wildlife, imposing monuments, etc. are now brought alive on your wall. Simply choose the image that appeals to your aesthetic instincts and give us the size of your wall. Marshalls will print the image in the required size on non-woven wallcovering base and install it on your wall. Then await ceaseless stream of compliments from friends and visitors.
JNPT expansion, Infra development to fuel Dronagiri growth Indiabulls Asset Management enters AIF space n Indiabulls Asset Manage– ment Company Limited (IBAMC) is entering into the alternative investment space through its maiden offering ‘Indiabulls Real Estate Fund’. This fund has been rated ‘AAA (AIF)’ by CARE Ratings and is targeting investments in residential projects in top 5 cities. The fund intends to invest in geographies with proven market depth, high inherent demand, pricing stability and projects with low execution risk. The proposed target fund size is INR 500 Crore with an additional option of raising INR 500 Crore and focusing an average deal tenure of 3 years.
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n The expansion of JNTP and the infrastructure development is expected to bring in prosperity and growth to the nearby townships, including Dronagiri and Uran, local leaders and developers feel. The ultra modern port has already changed the landscape of the area. Several big and small businesses have been flourishing and hundreds of youths found employment and even self-employment opportunities. An SEZ with self-sustainable integrated development project has been launched spread across 277 hectares near the port which promises to generate over 1,50,000 jobs. With this, the area will need infrastructure like housing, commercial establishments, schools, colleges which will translate into massive development.
Olympeo offers Free Semi Furnished Home at Property show n The upcoming real estate developer Olympeo Infrastructure is offering Free Semi Furnished Home to buyers who book an apartment at MCHI Thane Expo-2015 being held from January 16 - 19, 2015 at Highland Gardens, Thane. During this exhibition, home buyers can instantly book an apartment by paying a special price of just Rs 2,015 and get two payment options. In the first option, they can pay 20% of the flat cost within one month of booking and can avail free semi furnished home along with LCD TV, AC, washing machine and refrigerator. For easing the payment procedure, the other option is that the buyer can pay 20% in next 6 months in easy interest free installments.
March-April 2015 > Construction & Architecture Update > www.constructionarchitectureupdate.com
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news at glance Zynna Furnishings introduces alluring range of Velvet and Chenille Fabrics n Zynna Furnishings a one stop destination for interiors has recently launched its alluring range of velvet and chenille upholstery fabric collection which comprises of stylish colors, rich textures and pretty patterns that can transform a room into a dignified look and create an ambience. This exotic collection by Zynna Furnishings offers unrivalled choice and depth of colors like silver & gold shades, with artificial leather & natural weavings that makes the collection very rich. No fabric other than velvet and chenille can smartly be amalgamated to put an element of change in one’s room in a budget friendly way.
KOLTE-PATIL collaborates with Snapdeal for their Home Buying Expo, NestFest 2015 n With the intention of extending the reach to all the prospective Home buyers in India, Kolte Patil developers Ltd, Pune’s largest developer with presence in Pune, Bangalore, Mumbai and Goa, has collaborated with Snapdeal – India’s largest online marketplace by extending the online booking facility of KoltePatil properties, to Snapdeal users. All the 13, Kolte-Patil Pune properties on display at Nest Fest would be available for online bookings on Snapdeal. Now customers can log in to Snapdeal, book a Kolte Patil property and avail all the NestFest offers.
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Mtandt Group announces major expansion in west India with new office opening in Mumbai n Mtandt, the trusted leader in providing world class equipments for safely working at height, today has announced the opening of a new office in Mumbai, India to service the growing demand for Aerial Working Platforms, Aluminium Scaffolds, Fall Protection Systems and Equipment Rentals in the region. The new office in Mumbai strengthens Mtandt’s pan India presence, adding to the existing portfolio of products Mr. Ajay Kanoi (Right), Head West Region, and services offered by its Corporate Office receiving Bouquet from West Team during in Chennai and its Regional Center in Delhi. the Inauguration Ceremony The opening of the new Mumbai office reaffirms Mtandt’s commitment to this important market. The new office will enable Mtandt to provide direct support and services to its rapidly growing customer base in India, particularly in Equipment Rental Services and AWP Sales.
Zamil Steel Construction Co. awarded SAR 13 million turnkey contract for GulfGuard in Jubail n Zamil Steel Construction Company (ZSCC), a subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), was recently awarded a turnkey project contract worth approximately SAR 13 million by the Saudi Guardian International Float Glass Company (GulfGuard) for its factory expansion project in Jubail, Saudi Arabia. The scope of the contract includes the design, fabrication, supply and erection of more than 415 MT of pre-engineered steel buildings as well as the provision of all EPC works, including civil works and finishing work at the industrial facilities of GulfGuard, which is located in the eastern region of Saudi Arabia.
March-April 2015 > Construction & Architecture Update > www.constructionarchitectureupdate.com
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news at glance Classic Marble Company launches Iris Maxfine … Iris to be launched in India for the first time by CMC n Classic Marble Company has always presented to its customers world class products by several innovations done in the past 20 yrs and continuing with the legacy and taking a step up, they have launched Iris Maxfine, a large size porcelain slab from IRIS Italy. With the help of most innovative & advances technologies and production system this thing is possible. MAXFINE,in the unique size of 10’ X 5’, is a material that combines high- performance qualities such as strength, lightness, flexibility and adaptability. In addition to the exceptional size, MAXFINE slabs offer the novelty of minimum thickness, as well as the brightness of the smooth finishing. The newly available technology has made it possible to create slabs with stunning size and minimum thickness(6 mm)
Bleu Concepts unveils its alluring SCALEATON ‘Walk in Interiors’ n Bleu Concepts an amalgamation of the pre-eminent technology and materials, one of the world’s pioneering companies in storage solutions has recently launched their avant-garde SCALEATON ‘Walk in Interiors’. The creative leading age piece can be assembled into any type of architecture and spatial volume like wall units, walk in wardrobes, partitions, retail spaces, kitchens, offices etc. Flaunt the well-earned collection of shoes and clothing by customizing the room space with the innovative system by Bleu Concepts. The glamorous Scaleaton system is designed to maximize every last millimeter of space and can include a range of clever storage solutions to suit every need.
Brick Eagle co-founder forays into Realty • Launches integrated township ‘Olympeo Riverside’ with civic amenities in fast growing Neral-Karjat belt • Project expected to generate revenues over Rs. 300 cr • Project master-planned and designed by renowned Architect Hafeez Contractor • Premium homes starting at Rs 13 lakh onwards • 25 acres of prime property to have 1500+ homes Prabhat Ranjan, co-founder of Brick Eagle, a financial services platform for the affordable housing industry, has forayed into real estate development, incorporating a new venture Olympeo Infrastructure. The company has announced the launch of its first project Olympeo Riverside, an integrated township spread across 25 acres on the banks of Ulhas River, in the Neral-Karjat belt, an extended Mumbai suburb.
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post Budget r CSE finds no strategy in budget 2015 for addressing environmental issues
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entre for Science and Environment (CSE) in a statement said on Monday that the budget presented by the central government does not aim to address environmental issues in a strategic manner. Not only does the budget lack a strategy to salvage the worsening state of environment, it also lacks perspective. CSE director general Sunita Narain said that perhaps the only “green initiative” of the budget was the increase in cess on coal—from Rs 100 toRs 200 per tonne. A five-fold increase in the cess would equalise price of domestic coal with international prices and would contribute to annual CO2 emission reduction of 214 million tonne, which is 11 per cent of India’s annual emissions. “However, in budget 2015, the finance minister has opted to take the slow road and has doubled the cess on coal to balance the need to tax pollution and the price of power in his words,.
Ambar Maheshwari
CEO - Private Equity Fund, Indiabulls Asset Management Company Limited “Both the developments are extremely positive for the industry. We’ve been asking for a pass through for a bit now and this time in the budget Mr. Finance Minister has obliged. We are waiting for the fine print now to assess that there aren’t any other issues with this.”
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t reactions J.C. Sharma
S.M. Lodha
Vice Chairman and Managing Director, Sobha Limited.
Chairman, Indsur Group of Companies
“The economic direction that the budget has pointed out is an encouraging one. The push for infrastructure and the plan to build two crore houses in urban areas and four crore houses in rural areas under the government’s policy to provide housing for all by 2022 is a welcome step. While the implementation of the Goods and Services Tax by 2016 will help boost the economy, the additional depreciation of 20% on new plant and machinery installed by manufacturing units will be of much help to companies engaged in manufacturing activities. The proposed reduction in corporate tax from 30% to 25% in the next four years will leave further funds for additional investment in economic activity in the hands of corporate entities, furthering employment. The decision to overhaul capital gains taxes to pave the way for the listing of Real Estate Investment Trusts (REITs) in the country is a step forward that will indirectly aid the promotion of housing for all in the country. However, it is disappointing that real estate has not been considered as part of infrastructure or given industry status, something that would have impacted the sector in a very helpful manner for the good of all. Further, the largely unchanged tax slabs for individual tax payers and unchanged interest structure on home loans means an opportunity has been lost to promote this sector especially considering that the government has already announced its intention to have housing for all in seven years.”
“The announcement that the much awaited Goods and Service Tax (GST) will be introduced on 1st April 2016, will definitely rejuvenate the industry. GST will make manufacturing more competitive and support the ‘Make in India’ Campaign. How fast the Finance Minister will move the wheels of change to usher in GST will be keenly watched in the coming days. While other than infrastructure spending there are no visible and concrete steps that could be seen on the ‘Make in India’ campaign. However reduction in corporate tax will benefit only few large stateowned enterprises and corporates. The budget will not inspire the business communities as a whole, all said and done much more was expected which could have benefitted all sections of society.”
Monish Doshi
Managing Director , Acme Housing India This budget seems to be more focused on Housing for All and Make in India. The Government has tried to work out long term plans, although there is not much in the store for real-estate segment except, 100% REIT is now available for commercial real estate and reduction in corporate tax in four year. Abolish of wealth tax will allow people to have more than 1 flat, without additional tax implication, but service tax has been increased to 14% (from 12.5%). Also there has been no incentive for Affordable Housing. Over all, there are no major differences in real-estate sector. www.constructionarchitectureupdate.com < Construction & Architecture Update < March-April 2015 18_23_Budget_Reactions.indd 19
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Manju Yagnik
Vice Chairperson, Nahar Group
Giles Everitt
A very disappointing budget as far as the real estate sector is concerned. There was a lot of expectation from this budget as our PM had proposed Housing for all by 2022 and developing smart cities. The sector has been widely ignored.Overall Growth factor is missing.The industry’s long pending demand for industry status for the real estate sector has not been met, though the sector being the largest employment provider and second largest GDP contributor to the Indian economy. New reforms and rebates would have brought about a sea change to the whole sectorand would have accelerated the growth further.
Managing Director, CHRYSO India. “The Union budget is encouraging, focused and growth oriented, as the government is building momentum to bring a positive overhaul to the economy. The strong focus on infrastructural development through initiatives like hike in investment in infrastructure, allocation of Rs.25, 000 Cr for rural infrastructure and building 20 Million houses in urban India to realize the dream of a roof for each family in India by 2022, are indicators to a positive growth phase. The announcement that the much awaited GST will be introduced on 1st April 2016 will definitely rejuvenate the industry. GST will make manufacturing more competitive and thereby support the ‘Make in India’ campaign so it is imperative that the ministry should move quickly to usher in GST. The government is also looking closely to enhance road and rail services and boost the infrastructure sector, this will be instrumental to drive the overall growth of the country. However, there is no clear direction on excise duties and taxation which would have interested the manufacturing sector.”
Sivasubramanian Natarajan Managing Director, ThyssenKrupp Industries India Pvt. Ltd
The new government’s budget is indeed a forward looking budget. It seems to be more credible with higher allocation for infrastructure along with clarity in taxation structure. The proposal for 5 “ultra mega” power projects is definitely a positive move and a big boost for growth. The progressive nature of the budget will provide the much needed impetus for growth and timely implementation will put the economy back on track. Clarity is awaited on a lot of points, however, the overall approach is positive.
Nayan Shah
CEO, Mayfair Housing Pvt. Ltd, Vice-President MCHI CREDAI Mr. Nayan Shah has welcomed the Union Budget 2015 and said that it’s a positive budget and has a long term prospective for the whole economy; this budget will also help to meet the Housing demand Mr. Shah expressed that “Govt. planning to ease the approval process which will really boost the Real Estate sector in near future. On GST Mr. Shah said that it is a very welcoming move from the finance minister. This will help to reduce the project costs. On abolition of wealth tax Mr. Shah stated that it will encourage people to buy more than one property without additional tax implication and also boost the rental housing. Reduction of Corporate tax 30% to 25 % is a welcome step and tax compliance will increase Mr Shah continued. Affordable housing is the need of the hour Mr. Shah is very surprise that in this budget there was no talk on Affordable Housing and government did not give any road map on how ‘Housing for all by 2022’and also there was not reduction in home loan Mr Shah concluded
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Anil Chaudhry
Country President and MD, Schneider Electric India The 2015-16 Budget announced by the Government has positive announcements for the infrastructure and power sector, particularly renewable energy. Investments in infrastructure being increased to Rs70,000 crores should spur renewed interest in many projects across the country. The five new ultra-mega power projects of 4,000 MW each in the plug-and-play mode and commissioning of the Kudankulam nuclear power station in 2015-16 clearly sets the tone in this regard. The renewable energy capacity target being revised to 175,000 MW (100,000 MW Solar, 60,000 MW Wind, 10,000 MW Biomass and 5,000 MW Small Hydro) also augurs well for the clean energy sector. The increase in clean energy cess from Rs100 to Rs200 per metric tonne of coal, lignite and peat to finance clean environment measures and concessions on custom and excise duty for electrically operated vehicles and hybrid vehicles being extended up to 31 March 2016 are also good news for the environment and renewable energy.
Rajesh Prajapati MD, Prajapati Constructions Ltd
The Union Budget for 2015-16 is a big disappointment to the real estate sector, said Rajesh Prajapati – MD, Prajapati Constructions Ltd. “There were huge expectations from the Government but it did not deliver on what was promised,” he said. The Prime Minister Narendra Modi had announced ‘Housing for all by 2022’, however he did not give a roadmap on how to achieve the same, although it is the first time that the target has been set in the Union budget. The increase the service tax to 14% will prove to be quite burdensome as it will affect the purchasing power of home buyers. Overall the expectation of the housing industry from government was very high and they have not been met, he added.
Farrokh Cooper
Chairman & MD, Cooper Corporation Pvt. Ltd. The budget is an extremely positive one. The roadmap to simplify processes, encourage growth was critically needed and several measures proposed will stimulate growth and revive the economy. The Corporate Tax reduction will definitively promote growth. Our congratulations to the Government for a budget that is realistic and progressive.
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Sanjeev Ranjan
Managing Director, International Copper Association of India (ICA India) The railway budget had set up a roadmap for reforms and the tone for the Union Finance Budget has followed more or less a similar pattern. It is more of a directional budget which talks about the “what” & “where” rather than “how”. The intent of the budget has been to focus on Growth & Equality and as a budget which has something for everyone. The thing which stands out that the government has realized that there is a very strong case for improving the Global Competitiveness of India by focusing on infrastructure, ease of doing business by bringing in regulatory reforms to cut bureaucracy and improve existing taxation norms and help to generate jobs. The announcement that GoI will set up 5 more ultra mega power projects of 4000MW, entailing investments of around Rs 1 lakh crore, is a big positive for copper industry. Though we do not have anything specific for real estate but the clarity that there will be no capital gains tax on contribution to REITS will also be positive. Consolidation and improvement in operations of railways by bringing in better technology will also be a big positive for the copper industry.
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Ravi Menon, Sobha Limited
â&#x20AC;&#x2DC;Sobha Home Truthsâ&#x20AC;&#x2122; is a unique initiative that we have introduced to educate the various construction processes and quality aspects pioneered by SOBHA in our international quality products.
Ravi Menon Chairman, Sobha Limited
What makes South India an ideal destination for business and real estate investment in particular? Southern cities such as Bangalore, Chennai, Coimbatore, Kochi and Mysore have emerged as key investment destinations. A large number of young working population hailing from southern states are working abroad and aspire to own a property back home. More and more multinational organisations are expanding their footprints in prime southern states and offering lucrative jobs. This is evident by the increase in the transaction of luxury products such as cars, electronic goods and residential properties in these areas. Commercial development has gained pace with the increase in the employment opportunities. Infrastructure development and the budding start-ups have also contributed a great deal to the real estate development in South India.
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Sobha Indraprastha
How has Sobha Limited’s communication evolved over the years? When my father Mr. P.N.C. Menon founded SOBHA in 1995, he did so with a vision to change the way people perceive quality. At SOBHA, we work incessantly towards building international quality products with precision and delivering it as per promised timelines. All our processes are streamlined and focused towards customer satisfaction and building trust amongst our stakeholders. Our communication is simple and customer centric with the aim of building trust and credibility for the brand. A significant number of our customers are repeat customers who appreciate the benefits of our unique backward integration model, using which we deliver bestin-class products. Our customers are
Infrastructure development and the budding start-ups have also contributed a great deal to the real estate development in South India. our greatest brand advocates, having experienced the Sobha way of living. A high percentage of customer referrals come through word-of-mouth. ‘Sobha Home Truths’ is a unique initiative that we have introduced to educate the various construction processes and quality aspects pioneered by SOBHA in our international quality products. This has been received well by all our customers and we hope to continue developing effective communication strategies to deliver key industry messages to all our stakeholders.
Ravi Menon Sobha Limited
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Ravi Menon, Sobha Limited
Ravi Menon Sobha Limited
We believe that for the overall wellbeing of the society, a comprehensive and sustainable development of rural India is a must.
How challenging has formalising these CSR activities been for you to do, and what is your advice for other companies who are gearing up to meet this requirement?
There has been a lot of talk about the need to hike income-tax benefit on home loan interest payments. Do you think a higher figure will help the sector?
SOBHAhasbeencommittedtothecause of social empowerment and community development since its inception. We believe that for the overall well-being of the society, a comprehensive and sustainable development of rural India is a must. It is in this context that we initiated Graamasobha, a unique social developmental programme in 2006. Our CSR activities are carried out under the aegis of ‘Sri Kurumba Educational and Charitable Trust’. Under this unique social development initiative, we adopted two grama panchayats in Palakkad - Vadakkenchery and Kizhakkenchery. Unlike the quintessential CSR programmes followed by corporates that focus on a single aspect of development, Graamasobha encompasses activities in the areas of education, health, livelihood, and women empowerment – a more holistic approach to improve the quality of life of the rural masses and to enable the beneficiaries to become self-sufficient.
Enhanced income-tax benefits on home loan interest payments will certainly drive the demand for residential properties. Despite the measures being taken to control inflation and the gradual reduction in the repo rates, the home loan rates are yet to accrue benefits for the home buyers. Incentives such as interest waivers for first time home buyers and increased income-tax benefits will augur well for the real estate sector.
How do you increase the supply of affordable housing in the country? What are the other measures that you strongly recommend; and your message to the industry? Affordable housing is gaining prominence and is being encouraged by the Government. The ‘Housing for all by 2022’ is a step in this direction. In order for affordable housing to gain momentum, it is important that land is made available at reasonable cost.
Infosys Global Education Centre II, Mysore built by Sobha Limited
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Land cost, which constitutes a majority of the overall cost, still remains very high. The lengthy approval processes mean we are not able to put the land to use and begin construction. Therefore, in order for affordable housing to take off, besides addressing the land cost, we should focus on making a singleclearance window available as also the availability of working capital loans that will enable the purchase of land at reasonable rates.
Will the Real Estate (Regulation & Development) Bill help the sector? The real estate sector in India has been largely unorganised and unregulated. The Real Estate (Regulation and Development) bill is the need of the hour. It will provide standardisation and transparency and will encourage corporate governance practices within the industry. The proposed bill shall bring in regulations that ensure crucial information is shared proactively by developers. This would include land titles, amenities and features included in the project, carpet area of the property and the approvals received for the project. This apart, the bill ensures that the project is delivered on time and aims to promote affordable housing. It will help the real estate sector in more ways than one. It will instil confidence in the minds of buyers, enabling them to make informed choices with the information provided. It will further help the sector attract greater foreign investments, both FDIs and FIIs and boost the market sentiments.
Sobha Corporate Office - Bangalore In the next two years, what are the two trends that will define the future of the industry? Smart technologies integrated with green building concepts will define the future of the real estate industry. Over the last few years, pre-cast technology has become increasingly popular and is one major step in the sustainable initiatives of the developers. Smart home solutions are evolving by the hour and have addressed the security concerns of the home buyers.
Can you shed some light on Sobha Limitedâ&#x20AC;&#x2122;s digital strategy? Sobha has a very clear and focused digital strategy. Over 60% of our business gets generated online. Our informative and vibrant website drives majority sales online. We are one of the most engaged real estate entities on social media with an overall social audience of over 216,000 (organic) spanning Facebook, Twitter, LinkedIn, Google+ & YouTube.
Smart technologies integrated with green building concepts will define the future of the real estate industry. Over the last few years, pre-cast technology has become increasingly popular and is one major step in the sustainable initiatives of the developers.
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Ravi Menon, Sobha Limited How do you take Green Building Share us about your recent concept in India; overall your completed projects, ongoing comments? projects and upcoming projects?
Ravi Menon Sobha Limited
We have planted over 13,000 trees in Sobha Lifestyle that welcomes its residents to this heavenly abode.
Today, builders are becoming increasingly conscious of the changing environmental conditions and are doing everything in their capacity to reduce the carbon footprint at every stage of construction. Green initiatives are given utmost precedence at SOBHA. By default, all our projects qualify for the Gold rating by IGBC. We employ environment-friendly initiatives such as rain-water harvesting systems, sewage treatment plants and organic waste converters in all our projects. While Sobha Turquoise, Coimbatore has recently been certified with IGBC Green Homes Platinum rating, Sobha Forest View, Bangalore has a Precertified Gold rating by IGBC. Sobha Lifestyle in Bangalore has the largest rain-water harvesting facility (15 million litre unit) in a gated community. We have planted over 13,000 trees in Sobha Lifestyle that welcomes its residents to this heavenly abode.
Sobha Lifestyle - Phase I, Bangalore
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Since inception, we have completed 98 real estate projects and 258 contractual projects covering about 67.97 million square feet of area. The Company currently has 49 ongoing residential projects aggregating to 31.24 million square feet of developable area and 22.45 million square feet of saleable area, and 28 ongoing contractual projects aggregating to 8.62 million square feet under various stages of construction. In this financial year, we have completed and handed over 6 projects in real estate having total developable area of 2.85 million square feet. Some of the recently completed projects include Sobha City â&#x20AC;&#x201C; Aristos and Paradiso in Bangalore and Sobha City â&#x20AC;&#x201C; Sapphire in Thrissur. Sobha Halcyon, Sobha Lifestyle Legacy and Sobha Arena in Bangalore; Sobha International City, Gurgaon; Sobha Elanza and Orion in Pune; Sobha Serene and Meritta in Chennai are few of our ongoing projects. We have about 15 million square feet of new project launches planned in the next few quarters in our existing real estate geographies. Our upcoming project, Sobha Aspirational Homes in Balagere, Bangalore will be our maiden project in its segment that will cater to the residential aspirations of quality conscious and value discerning customers. It is a 10.26 million square feet development that will be executed with state-of-the-art precast machinery being imported from Germany and Italy.
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Pirojsha Godrej, Godrej Properties
We expect significant changes in the market dynamics once the government starts pushing land reforms and brings in greater transparency and accountability in the sector.
Pirojsha Godrej Managing Director & Chief Executive Officer Godrej Properties
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Current real estate scenario in India particularly in MAHARASHTRA? The past couple of years have been challenging for the real estate sector. While some cities have seen good absorption, many others have seen a rise in inventories. Having said that, we have seen great success for all our new launches and ongoing projects.
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With the new Government in place, there is optimism about the Indian macroeconomic growth story. The recent announcement on guidelines for REITs, easing of FDI investment norms, focus on affordable housing and tax incentives for home buyers lend a welcome positivity for the real estate sector. With rapid urbanisation and the governmentâ&#x20AC;&#x2122;s thrust on building a more inclusive India, our sense is that Tier 2 and Tier 3 cities will see rapid growth in infrastructure and real estate. The Government is keen to push for building 100 smart cities all over India, some of which will be within Maharashtra, thereby further fuelling growth in the coming years. In Maharashtra, the dynamics in each city vary. While Pune and Nagpur have been fairly stable yet growing markets, Mumbai has seen a lot more volatility. We expect significant changes in the market dynamics once
the government starts pushing land reforms and brings in greater transparency and accountability in the sector.
How do you take Green Building concept in India; overall your comments? All our projects are either IGBC or LEED certified. The Godrej Group has been associated with sustainable development for decades. Before sustainability and green building concepts became industry buzzwords, Godrej had built a reputation for its commitment to environmental causes. In 2004, when the CII Godrej Green Business Center was inaugurated, it was the single highest LEED platinum-rated building in the world. CII-Sohrabji Godrej Green Business Centre has expertise in offering advisory services to the industry in the areas of green buildings, energy efficiency, water management, environment
Godrej Palmgrove
Godrej Palm Grove has been pre-certified Gold by the Indian Green Building Council (IGBC). GPL has planned several environmentally friendly features in the project and an interesting highlight is that the design offers 70% open space for residents to unwind.
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Pirojsha Godrej, Godrej Properties
Affordable housing is almost completely dependent on selling large volumes quickly and hence the key drivers are getting large and clear tracts of land having infrastructural support, at affordable pricing.
Pirojsha Godrej
Godrej Properties
Brief us about your latest completed projects, on-going projects and pipe line projects? We have recently completed and handed over phases • Godrej Platinum – Vikhroli • Godrej Garden City – Ahmedabad • Godrej Anandam – Nagpur • Godrej Prakriti – Kolkata We are currently doing several projects in Mumbai, Pune, NCR, Nagpur, Chennai and Bangalore.
As the competition is getting tougher, how do you differentiate your projects offerings from the rest of the players?
Godrej BKC management, renewable energy, green business incubation and climate change activities. The centre sensitizes key stakeholders to embrace green practices and facilitates market transformation, paving the way for India to become one of the global leaders in green businesses by 2015. Godrej’s responsible stewardship of the vast mangrove holdings it owns in Vikhroli has been unanimously praised. The vast expanse of mangroves serves as a critical lung to the city. We are a founding member of the Indian Green Building Council, which is actively involved in promoting the green building concept in India with a vision to serve as a single point solutions provider and facilitator for green building activities in India.
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At Godrej Properties, we put a lot of emphasis on selecting the right location, the right partners and developing projects such that they become landmarks. All our homes are carefully planned keeping in mind the smallest needs of our customers. Partnering with the best architects, contractors and suppliers ensures that the project inherits contemporary features and technology thereby delivering superior and smarter homes to customers.
How do you increase the supply of affordable housing in the country? Affordable housing has been an area of concern and policymakers will need to look at a more holistic approach to increase its supply in the country. Affordable housing is almost completely dependent on selling large volumes quickly and hence the key drivers are getting large and clear tracts of land having infrastructural support, at affordable pricing. There is a need to end the policy paralysis, bring in greater accountability and ensure faster approval processes.
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Brotin Banerjee, Tata Housing
Tata Housing projects have close to about 75-80% open space, and going verticalhas opened up a lot of greenery and open landscaped areas for customers to enjoy their stay at our projects.
Brotin Banerjee CEO and MD, Tata Housing
Myst, Kasauli
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Myst Rooftop
Share with us your overall thoughts on the real estate sector, post the announcement of the union budget? We welcome the Union Budget 2015-16 and appreciate the Government’s efforts and initiatives taken towards strengthening of the economy. The government’s decision on providing 6 crore units of urban and rural housing under ‘Housing for All’ by 2022, revisiting and revitalizing the PPP model, increasing funding for infrastructure, introduction of predefined permissions regime and proposal to rationalise capital gains tax regime for REITs etc., will have a positive impact on the sector.
We see so many high-rise buildings coming up in all metros, but isn’t there a basic conflict between high-rise buildings and sustainability? Rapid urbanization and higher incomes, has resulted in a rapid increase in demand for housing, especially in your metropolitan cities. Tata Housing projects have close to about 75-80% open space, and going verticalhas opened up a lot of greenery and open landscaped areas for customers to enjoy their stay at our projects. Tata Housing has taken up the cause of environment by committing to develop certified green buildings, thus, saving energy for the country. The first green development to be executed under this norm was Xylem – Bangalore’s first LEED gold rated green building followed by The Promont project also in Bangalore.
Tata Housing, India’s fastest growing real estate developer, aims to be the largest home provider in the value and affordable housing segment, one that holds great potential in the country.
Prive in Lonavala is pre-certified platinum rated, while Aquila Heights and Raisina Residency are gold certified green developments by the Indian Green Building Council
What is your market share and future plan? As a comprehensive real estate developer of choice, Tata Housing straddles all consumer segments from value housing to luxury housing. By offering products ranging from Rs. 5 lakh to Rs. 14 crore, the company has a diversified portfolio of more than 70 million sq.ft. under various stages of development. Besides projects under execution, there is a steady pipeline of projects of over 19 million. Tata Housing, India’s fastest growing real estate developer, aims to be the largest home provider in the value and affordable housing segment, one that holds great potential in the country. The company plans to unveil 4-6 projects this year, having already launched the New Boisar project and The Cascades in Bangalore during Great Online Shopping Festive (GOSF) 2014 and Adwita in Kolkata during its flagship property National Home Buying Week 2015 (NHBW) 2015
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Brotin Banerjee, Tata Housing
We aim to minimize our carbon foot print by adopting sustainable construction practices and creating climate change awareness among all its stakeholders.
Brotin Banerjee
Tata Housing
Prive Exterior View, Lonavala
How challenging has formalising these CSR activities been for you to do, and what is your advice for other companies who are gearing up to meet this requirement? Giving back to society has always been a part of Tata Groupâ&#x20AC;&#x2122;s ethos and Tata Housing also follows the same footsteps. The company aims at profitable growth that helps reduce inequality and rejuvenates the environment. In fact for the year 2014-15 they have budgeted around 3.5% towards CSR as against the stipulated 2%. Tata housing has four pillars under which it has its CSR initiatives mainly Community care initiatives- Company has launched Sparsh where the company conducts need assessment surveys in key communities; identify infrastructural requirements and help addressing the same. Environmental Sustainability & Green & Biodiversity Initiatives: The company strives to invigorate the environment by bio-diversity conservation across the
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geographies of India. We aim to minimize our carbon foot print by adopting sustainable construction practices and creating climate change awareness among all its stakeholders. Energy efficient BEE rated light fixtures, solar lighting, drought resistant plant species, efficient method of irrigation of landscapes, rainwater harvesting, soil preservation, local material consumption, re-use of salvaged materials, wind turbine ventilators, light-off policy at stipulated times, ACs at optimum temperature, Rail travel instead of air travel, car-pooling and video/ audio-conferencing etc. Educational Development Initiatives: Company helps to impart remedial coaching, provides supplementary tutorials, enhance educational infrastructures, up-grade school buildings, create recreational facilities in schools and provide necessary reading & writing materials to needy students. We also provide scholarships to students in need. We have been working with a few NGOs in this regard including Pratham
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product line Asada Decor Pvt. Ltd.
modular kitchen
has changed the entire concept of Modular Kitchen
A
urra is an associate brand of Asada DĂŠcor Pvt. Ltd., a flagship of Shreeraj Group, Aurra was launched in India in August 1994.We are leading manufacturers & exporter/importer of Modular Furniture, Curvica Tops, Shutters and Wooden Furniture.
Our Aim :n I s to give Premium Quality Materials like BWP 710 grade Ply only for our Modular kitchen unit keeping in mind , the needs of our Indian Customers. n To create a lobby of satisfied Customers. n Our Hi-Tech and efficient system allows us to give assured Delivery or assembling of Modular kitchen in Time. n Aurra has changed the entire concept of Modular Kitchen in India,Since cooking habits and patterns have paved the way forward for a fresh trend of a contemporary kitchen setup. n Today we can proudly say that within a short time span Aurra has opened 6 exclusive stores all across India and we are in process of extending many more Aurra stores in near future recently we opened an exclusive store in Rajkot which was inaugrated by Respected Mayor Smt Raksha ben.
Our Store Categories
n S mall Store / Medium Store / Big Store , We give 5 year onsite Warranty on our Kitchen Furniture products and Lifetime Warranty on all Accessories.
Our Associate Brand
Hettich, KESSABOHMER ,Rehau,KICH, SC Herrajes, Cata Spain, and L.G. Hausys.
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M R Jaishankar, Brigade Group
Brigade Gateway
Bangalore has been the fastest-growing cosmopolitan city of India since the past few decades. IT is the key growth driver and is responsible for aggressive real estate development in the city.
M R Jaishankar Chairman & Managing, Director, Brigade Group Share us some current real estate scenario in there is a large demand for luxury projects and high India particularly inSouth /Bangalore? end residential apartments. One interesting aspect we Bangalore has been the fastest-growing cosmopolitan city of India since the past few decades. IT is the key growth driver and is responsible for aggressive real estate development in the city. The Bangalore real estate market seems to be doing well compared to other parts of India. The real estate developers in Bangalore have ensured timely delivery of projects to customers even in the current economic condition.Currently, the most attractive residential micro-markets are Outer Ring Road, Sarjapur Road, Whitefield and North Bangalore. It is interesting to note that Bangalore is the third largest destination for High Net Worth Individuals. Due to this
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have noted is the boom of the real estate sector in East Bangalore. East Bangalore is well known for its IT parks around Whitefield and EPIP zone which has increased the demand for residential projects in the past few years. Brigade has 4 ongoing residential projects in East Bangalore like Brigade Cosmopolis, Brigade Lakefront, Brigade Golden Triangle and Brigade Exotica.
Brief us about your latest completed projects, ongoing projects and pipe line projects? The integrated enclave/township is a concept in urban planning that is becoming increasingly popular all over
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the world. In essence, a township forms a self-contained urban neighbourhood—by combining residential, social, business and commercial zones within a single enclave. Together, the different zones form a cohesive, convenient and connected urban space…offering a range of modern services and facilities that are easily accessible.Brigade Group pioneered the concept of integrated enclaves/ townships in Bangalore. Our completedIntegrated enclaves in Bangalore- Brigade Millennium & Brigade Gardenia in JP Nagar, Brigade Metropolis in Whitefield and Brigade Gateway in Malleswaram have become landmarks of Bangalore. Brigade Gateway spread across 40 acres is the most integrated enclave in an urban city centre,anywhere in the world. It has luxury residences, WTC – world class office spaces, Sheraton Bangalore- 5 star hotel, Orion-a lifestyle Mall, Galaxy Club, Columbia Asia Hospital and the Brigade School. We are presently developing 2 large townships in Bangalore- Brigade Meadows a 60 acre integrated enclave on Kanakapura road, next to Art of Living and Brigade Orchards a 130 acre township in Devenahalli. Brigade Meadows, on Kanakapura Road, is spread over 60 acres. It has both 2 & 3 bedroom value homes and luxury apartments that come along with conveniences of a kindergarten, hospital, shopping centre, recreational facilities and large open green spaces. The project has been well received by customers and the first phase of value homes is nearing completion, while the luxury apartments- Wisteria was launched recently. Brigade Orchards in Devenahalli, our latest township of 130 acres, designed to global best practices by Nbbj, USA offers Luxury Villas, Luxury Apartments, Value Plus Apartments, Retirement homes & assisted living facilities for senior citizens.The Villa areas range from 4900-4950sq.ft while the value plus home areas vary between 1000-1200 sq.ft.
We are presently developing 2 large townships in Bangalore- Brigade Meadows a 60 acre integrated enclave on Kanakapura road, next to Art of Living and Brigade Orchards a 130 acre township in Devenahalli.
b. c. d. e.
and acquisition, R eduction in approval procedures at each stage of a project INDUSTRY STATUS for the real estate sector, which is long overdue. A n environment conducive for growth & investments. Speed up the process of reforms.
Highlight the innovation and techniques you use? Brigade Grouphas taken a bold initiative in the real estate segment in Bangalore by introducing precast concrete technology for residential apartments to begin with and will later incorporate this technology into commercial properties as well. Prioritizing on speed and quality and eco-friendly construction, we are the first real estate developer to introduce this technology in Bangalore through their Group company, BCV Developers Pvt. Ltd., a Joint Venture between Brigade Enterprises Ltd.
Brigade Symphony, Mysore
What problems do you face at a policy level? India has now got what was much needed - a stable, pro-development and a decisive government. The government should a. D eliver on expectations of the real estate segment - transparent and clear policies for smooth l www.constructionarchitectureupdate.com < Construction & Architecture Update < March-April 2015 46_51_Brigade_Interview.indd 47
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M R Jaishankar, Brigade Group
Brigade Sparkle- Courtyard, Mysore
Brigade Group, has also launched its online booking platform to enable customers to book a Brigade apartment online in a few easy steps.
M R Jaishankar Brigade Group and Classic Group and Valmark Group. The technology will initially be implemented in the 130 acre Brigade Orchards mixed-use development in Devanahalli, near BIAL. This technology which has been proven worldwide will enable us to optimize use of resources such as labor, material and other auxiliary works so that timelines are shrunk and speed up the time required for construction. It also delivers improved quality of construction by optimum utilization of resources and is environmentfriendly too! Brigade Group launches Customer Portal- a first by a Bangalore Developer Brigade Group has launched a Customer Portal that allows its residential buyers to access details of the home they purchased. With the portal, a first by a Bangalorebased developer, customers of Brigade Group will be able to: 1. Access their statement of accounts â&#x20AC;&#x201C; dues, overdues,
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payment status and tracking of payments 2. Access and upload their property-related documents 3. Option to view property papers and guidelines 4. View status of construction of the property 5. Raise queries online and track status of those 6. View and edit profile information of the applicants 7. Refer their friends and family to Brigade properties and track status 8. Fill customer satisfaction surveys at various stages of project progress 9. Keep abreast with news and events at Brigade Group The portal has been rolled out to customers of one of its flagship projects, Brigade Exotica and will be gradually rolled out to customers of its other under-construction projects in the next couple of months. Brigade Group launches an online booking platform for apartment buying Brigade Group, has also launched its online booking platform to enable customers to book a Brigade apartment online in a few easy steps. The platform was launched to coincide with the Great Online Shopping Festival (GOSF), where customers had the convenience of booking homes online, and also avail fabulous offers on some of Brigadeâ&#x20AC;&#x2122;s most popular projects.
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upvc WINDOWS
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The wonderful
world of windows KÖMMERLING – more than just a window
P
rofine is the emphatic answer to the complex development of the international market for uPVC profiles. Under the brands KBE, KÖMMERLING and TROCAL, we produce uPVC profiles for windows and doors, shutters and façades as well as uPVC sheets. With the KÖMMERLING brand, we face the challenges of the future with confidence to prove our leadership position in the window profile sector every day.
Management The Management Board of profine Group consists of Dr. Peter Mrosik (Owner and CEO), Ursula Kretzschmar and Hans-Willi Neumann.
Production In Germany we have production sites in Berlin and Pirmasens.
Other production sites are located in: Vadodara, Gujarat, India Tianjin, China Marmoutier, France Bosaro, Italy Madrid, Spain Woskresensk and Chabarowsk, Russia Zaporozhie, Ukraine Huntsville, USA (sheets)
Strength & Capabilities Profine has a total of 3,000 employees in 29 locations in 22 countries. Around 1,800 of these employees are in Germany. A sales volume of about 700 million euros (consolidated) and a current production capacity about 450,000 tons annually of high-quality uPVC profiles are convincing proof of our capabilities and the trust of our customers.
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Profine India Window Technology Pvt. Ltd. 501, 5th Floor, Kailash Building, 26, K. G. Marg, New Delhi - 110001, India Phone: +91 11 42368600 E-Mail: info.india@profine-group.com www.koemmerling.co.in
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Dinesh Patel and Sharif Memon, Deep Group of Companies
Our completed projects have not only resulted in more than 5500 satisfied families but have also enhanced the reputation of the prestigious city of Ahmedabad.
Dinesh Patel
Director, Deep Group of Companies Tell us little about Deep Group of Companies? The Deep Group of Companies is a front-running development company in the field of construction and real estate in Ahmedabad, the commercial hub of Gujarat since 1980. The Group boasts of a highly professional and skilled staff which is known for its expertise and experience along with unmatched ability to deliver work of value to customers. The Group is committed to its long-standing goodwill which it has maintained in the market. Its multiple
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Sharif Memon
Director, Deep Group of Companies high-rise and low-rise residential apartment projects along with other commercial projects have been in vogue in different posh areas of Ahmedabad. The company has been stringent in its quality measures and its constructed edifices have become important landmarks of the city. Since its inception three decades back, the Group has been instrumental in the construction of huge projects of high-rise & low-rise luxurious and affordable apartments, commercial spaces and bungalows.
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Our completed projects have not only resulted in more than 5500 satisfied families but have also enhanced the reputation of the prestigious city of Ahmedabad. We promise the best for everyone keeping in consideration the market trends and changing tastes, even in the future.
Thaltej
Kindly brief us on the latest achievements of the company? Our Achievements w 5500+ Families Accommodated w 21000+ People Dwelling With Us w 30000+ Trees Planted w More than 68,50,000 Sq. Ft. of Total Area Constructed The Deep Group is known as for its “Indraprasth & Deep” series of Constructions and attaches its identity with them. With its tenth “Indraprasth” venture, the group promises to replicate the same spirit, perfection and vision for which it is known, always. Deep Group has successfully completed more than 45 residential and commercial projects in our journey with excellence in development to achieve the milestone.
Share us your overall thoughts on real estate sector, particularly in Gujarat and your expectation on coming union budget? Gujarat has always been driven by positive growth. The spirit and zeal of business coupled with the dynamic leadership has positioned Gujarat on the global map. Today Gujarat is synonymous for better governance, better quality and better returns on investment. We are positive about the real estate sector in Ahmedabad city and also in the entire Gujarat state. It is stable and steady market for the last few years. It is sustainable real estate development. We are hopeful that with 10 Vibrant summits, we will surely cross other metro’s like Pune and Bangalore till 2020. Our Ahmedabad city is the fastest growing city and is also a role model for development of SMART CITY and the “MAKE IN INDIA.” For the Union Budget of 2015, we are hopeful for a positive budget for realtors and hope for a single window
New Ranip
The spirit and zeal of business coupled with the dynamic leadership has positioned Gujarat on the global map. clearance scheme. The Government should emphasize towards infrastructure development and have better transparency with the realtors. Also, more steps should be taken towards the development of affordable housing projects.
What is your market share and future plan? Deep Group’s Future Plan w Logistic Park w Govt. infrastructure projects Importantly for our group, our second generation i.e. well educated for infrastructure development is quite well into our business these days and hence we can plan many big projects for a remarkable future of our group and also for AAPNU AMDAVAD.
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Dinesh Patel and Sharif Memon, Deep Group of Companies
Bodakdev
ameneties at par with the rest of the World. This is true not only in metros but also tier-II cities. The concept of luxury is also evolving with far greater emphasis on personal space and comfort. Each company is involved in a healthy competetion with the others and has been using every element to win the race.
The government has stressed enough on affordable housing. However, most developers are averse to this. What are some of the hurdles that make this unattractive?
How do you take Green Building concept in India; overall your comments? The growing global crisis has created the need to adopt the concept of sustainability. Real estate activity, being one of the significant contributors to energy consumption and usage of resources, is working towards the development of green buildings to reduce energy consumption and the environmental impact. Important aspects; The growth and development of our communities has a large impact on our natural environment. The manufacturing, design, construction, and operation of the buildings in which we live and work are responsible for the consumption of many of our natural resources and protecting our planet for the future generations.
While there is a need for affordable housing in the city and the country, developers donot find it viable to take up such projects due to many reasons. The high land cost in the city, the rising prices of raw materials make it unviable for the developers to take up affordable housing projects. The developers need assistance from the government through subsidized land cost and intervention in controlling prices of raw materials to opt for creating affordable housing stocks.
Real estate activity, being one of the significant contributors to energy consumption and usage of resources, is working towards the development of green buildings to reduce energy consumption and the environmental impact.
How do you see the industry evolving in the next three years? Indian real estate market is going through a very interesting phase with the general economic developemnt. With buyers getting more of international exposure, the nature of the demands are changing as the customers want quality projects that have all the
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Dinesh Patel and Sharif Memon Deep Group of Companies
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Amenities F F F F F F F F F F F F F F F
Hibiscus Court Water Feature Gazebo GYM Home Theatre Indoor Games Badminton Gourt Skating Rink Childrenâ&#x20AC;&#x2122;s Play Area Senior Citizen Seating Deck Library School Bus Pick-up Zone Secuirty
Feature
Type of Apartments: Low Rise Type of Units: 2 BHK & 3 BHK No. of Units: 269 Apartments & 28 Shops
Amenities F Amenities F Fully Equipped Gym F Swimming Pool F Waiting Lounge F Party Lawn F Indoor Games F Car Porch F School Bus Pick-up Zone F Security
Features
Type of Apartments: High Rise Type of Units: 4 BHK No. of Units: 40 Apartments
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Amenities F F F F F F F F F F F F F F F F F
Frangipani Court 2 Storied Club House Fully Equipped Gym Infinity Pool Fountains Indoor Games Open Air Amphitheater Party Hall & Event Lawn Hobby Center Out Door Dining Library Walking Trail Children’s Play Area Water Sculpture School Bus Pick-up Zone Senior Citizen Gathering Visitor’s Parking
Features
Type of Apartments: High Rise Type of Units: 3 BHK and 4 BHK No. of Units: 109 Apartments
Amenities F B usiness Centre F Entrance Porch & Plantation F Water Fountain F Showroom Porch F Mirror Wall F Foyer Parking F Security Cabin
Features Type of Spaces: Commercial (Showrooms & Offices) No. of Units: 13 Showrooms & 53 Offices
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Kushagr Ansal, Ansal Housing
The need for extensive innovations in the technologies has been realized due to problems such as low productivity, much construction waste and materials, accidents on sites and few others
Kushagr Ansal
Director, Ansal Housing
Do you think Indian real estate sector has the right equipment to put itself on the global map? Indian construction industry is well matured and has its own set of practices and methods. However, the need for extensive innovations in the technologies has been realized due to problems such as low productivity, much construction waste and materials, accidents on sites and few others. To solve these glitches, advanced technologies such as prefabrication modularization,
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lot of stress been put upon housing for all, development of smart cities, attracting of FDI and infrastructural improvements. All these factors will jointly help the sector to grow immensely over the next one decade. Such extreme level of plans will open a wide scope for the construction and architectural industries which will act as a backbone for these plans to get executed on time and as per the desire of the government. Thus, 10 years down the line the real estate sector of India will walk shoulder to shoulder with other countries with better performing real estate sectors.
What is your say on the development of smart cities?
A smart city uses digital technologies to enhance performance and wellbeing, to reduce costs and resource consumption, and to engage more effectively and actively with its citizens. industrialization, mechanization, computerization and automation have been researched and developed with ideas and approaches to enhance quality and productivity. With such advancements in IT, India is pretty well equipped to represent itself on the global platform as well.
How do you see the growth of Indian real estate sector 10 years down the line? Indian real estate sector is on a road to revival with a
A smart city uses digital technologies to enhance performance and wellbeing, to reduce costs and resource consumption, and to engage more effectively and actively with its citizens. Government is looking forward to the smart cities that will have better facilities, commercial activities, connectivity and environment. Development of smart cities will help develop the nation better and one can see the changes in infrastructure 5 years down the line. Once it is executed; it will lead to a huge improvement in infrastructure in areas such as education, healthcare, housing and infrastructure. Q.4. Theme based/luxurious housing concept has been accepted well by the customers in India? There has been a lot of change in peopleâ&#x20AC;&#x2122;s lifestyles off late. As more and more people will travel abroad to several foreign destinations, they will start to be inclined more towards new and unique things. This also enhances the overall mental and status development of the customers. These new theme based projects have been a great hit already and will gain more popularity in near future. Also, developing a theme based project is an art in itself. It is not easy for a developer to build such projects easily. It requires a lot of heavy investment, foreign materials and foreign man power as well because when we integrate some work in which we are not experts, then we need experts. The final result will always be good then. Today we are witnessing a heavy rise in demand for many theme based or luxurious projects.
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Kushagr Ansal, Ansal Housing
Our main aim is to complete the construction and to deliver the projects on time also to continue this mission of world-class development & to enrich living styles across all spectrum of society.
Kushagr Ansal Ansal Housing
be undone but a lot of scope persists when we do something new. These regions are new and will always receive better of technology and construction in times to come.
What are your future plans? What projects are in the pipeline and what are your plans for any upcoming project?
Tier 1 cities are nearing saturation. Does Tier 2, 3 & 4 cities have the correct infrastructure required to bridge the demand supply gap? It is very true that Tier 1 cities are nearing its saturation with respect to style of construction, prices and even infrastructure. This has allowed Tier 2, 3 & 4 to gain attention of the public and private sectors. The cities are lucrative and have lots of captive consumption - a lot of people outside the city are investing in properties in the city where they would like to go back after their careers. Thus, developers have started working on developing many green projects in Tier 2 & 3cities and the government is putting its best to provide the necessary infrastructure. The higher demand for investment and housing will be very well met with the development of these regions. At the same time, what is done cannot
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At present, we have over 10 projects underway across PAN India which cater to housing commercial needs of the society.We have undertaken all sorts of commercial and residential projects all over the country and delivering the best to our customers. Our commitment to quality & innovation over the last three decades have earned us the enduring trust of our customers and made us the renowned brand. Our main aim is to complete the construction and to deliver the projects on time also to continue this mission of world-class development & to enrich living styles across all spectrum of society. In future, if things fall in place, then we will think about expanding further. In the coming few months, we have a luxurious residential project â&#x20AC;&#x2DC;Ansals Amantreâ&#x20AC;&#x2122; to be built at a prime location of Gurgaon.
What are the USPs of your projects with respect to construction and architecture? All of our projects are built keeping in mind the seismic zones of the regions and thus are fully equipped with RCC frames. The architecture of each of our project is such that it falls in synchronization with the theme for the said project. High quality raw materials and labour is employed in each of our project to ensure quality standards and desires of the customers.
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Pavan Bakeri, Bakeri Group
“Bakeri Group has grown on the pillars of trust, transparency, and ethical practices. Known by many as a symbol of trust and quality”
Pavan Bakeri
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ver the last five decades, Bakeri Group has grown on the pillars of trust, transparency, and ethical practices. Known by many as a symbol of trust and quality, the company continues to deliver on its promise of surpassing customer expectations with innovative homes and work spaces accompanied by transparent and prudent business practices It is upon these core values that the company has thrived in Gujarat, pioneering numerous innovative projects such as the development of planned residential township and affordable housing with Bakeri City, corporate commune with the Sakar Series, and weekend getaway homes with the Suramya Series.
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MD, Bakeri Group
With its established pace & unparalleled recognition in the real estate industry within Gujarat, Bakeri Group has now expanded its operations in other cities such as Pune and Vadodara, offering quality projects to various segments across different geographies. The legacy of Bakeri Group can be felt throughout Ahmedabad. It is evident in the people who believe in the values that the group stands for; it can be seen in the architectural landmarks contributed by the company; and most importantly, it has changed the face of real estate in Ahmedabad and Gujarat. One of the most enduring principles that Bakeri Group has strictly adhered to is that “Environment is our Attitude”. The company firmly believes that sustainability and care for the environment is more than just a task; it is a way of life. This entails more than just offering ecofriendly features; it is imbibing the environment as a focal point in designing projects. Its state-of-the-art architecture consist of systematic tree plantations, lavish green areas, rain water harvesting systems, efficient water management systems, appropriate ventilation, and well-developed and scientific plantation on boundaries to reduce noise and pollution from surroundings. Bakeri Group has taken numerous far-reaching measures to minimize impact on natural environment as well as to discharge the company’s social, ethical, and moral responsibilities towards society at large.
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Pavan Bakeri, Bakeri Group
Serendeep Mansions provides a seamless blend of indoors and outdoors. Here, you can never tell where one Pavan Bakeri marvelous experience ends and another one begins Bakeri Group SERENDEEP MANSIONS: A Masterpiece of Opulence
Comprising of 150 bungalows spread over 1 lakh sq yards of open space, Serendeep Mansions oozes with comfort and luxury. Each 4-BHK bungalow is endowed with its own design exclusivity, so that no two bungalows are the same. Yet every structure has something in common: they are built around nature surrounding you with a world of tranquil greens. Meticulous detailing and planning create a remarkable interplay of open spaces and interior coziness. At Serendeep Mansions, you have access to the best of both worlds- the dynamic outdoors and the serene indoors. Here, you can dine-in or dineout, bathe-in or bathe-out, live-in or live-out. Enjoy the natural orchestra of chirping birds as you dine in the outdoor dining area. Bid adieu to the day and greet the starlit sky as you bathe in the unique Sky Bathroom. Serendeep Mansions provides a seamless blend of indoors and outdoors. Here, you can never tell where one marvelous experience ends and another one begins.
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Gautam Ahuja, Ahuja Constructions
Innovation and Customer Delight has always been two of our core values at Ahuja Constructions
Gautam Ahuja Managing Director, Ahuja Constructions
Please share about the core-strength of Ahuja Constructions? Innovation and Customer Delight has always been two of our core values at Ahuja Constructions. For example, Gautam Complex(1994) at CBD, Belapur, Navi Mumbai was the first project ever to showcase a sample flat, then for a set of 7 projects in Versova, Andheri (1997-1999), the buildings had imported marble entrances, every apartment included Italian/imported marble flooring and the windows were double glazed with dry glass infill to reduce the heat. Also Ambercroft (2003) in Bandra had a number of exclusive elements like a rooftop swimming pool, a party area and a landscaped garden with club facilities.
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Stemming from our tagline, ‘The Art of Extraordinary Living’, we give our customers an extraordinary experience within each of our projects be it the luxury, MIG and affordable segment by leveraging our formidable experience, expertise and technology gained over the past 3 decades in the real estate industry. Also being true and transparent in our dealings internally and externally is what we value the most and this is a prerequisite for all our interactions.
Which sector (residential/ commercial etc) will fuel the demand and why? The Indian real estate and construction industry is an integral part of economy and is responsible for a considerable part of its development investment. Globally recognized, the industry plays an important role in the development of the country’s infrastructure base and is one of the largest generators of economic activity. It is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade, comprising of 4 sub sectors - residential, commercial,
retail and hospitality. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations. Out of the four sub sectors, the dominating sector is residential with 80% demand. During the year 2014, new launches of residential units saw a consistent fall every quarter as a consequence of the subdued demand and high prices. While this was largely the case with high-end projects, the affordable housing segment definitely began to gain favour.
Ahuja Constructions, Prasadam, a residential township at Ambernath (East) has recently launched their new phase,‘Vrindavan’. An integrated township sprawled over 40 acres, is aimed at promoting the concept of community living
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Gautam Ahuja, Ahuja Constructions
In the second half of 2014, many large developers who in the recent past concentrated on the mid-to-high segment due to better margins were seen eager to play the volume game and entering into affordable-segment projects in the deeper suburbs.Going forward, developers will become more earnest about right-sizing and rightpricing their offerings. Smaller, yet better-designed and more efficient homes will define the residential real estate market in 2015, and selective corrections in some of the over-priced cities will help bring about faster sales for stagnated supply of larger configurations. Townships will become more prevalent, and the supply of luxury homes will moderate to align with the slow demand dynamics for these offerings. The rapid growth of the Indian Economy has had a significant impact on the demand for commercial property to meet the needs of business, by way of offices, warehouses, hotels Ahuja Towers, our and retail shopping centres. project in Worli Growth in commercial is a testament of space requirement is led by timeless designs, the burgeoning outsourcing and information technology classic elegance industry and organized and international retail. lifestyle combined The commercial office with practically market, which was subdued in the early half of 2014, efficient and is slowly showing signs of sustainable revival and the demand for real estate office space are increasing development. in service sectors apart from information technology (IT) and IT Enabled Services (ITES). The other service Ahuja Constructions
Gautam Ahuja
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Ahuja Tower, Worli sectors that are absorbing office space in the six cities are consulting, retail, e-commerce and others.
What is your market share and future plan? The Ahuja Universe of projects is classified into three categories â&#x20AC;&#x201C; Star, Stella and Galaxy. The projects under the Ahuja Star are designed keeping in mind the lifestyle of the globetrotting connoisseurs of the modern world and offer the highest level of luxury living, like Ahuja Towers.Lâ&#x20AC;&#x2122;Amor is an Ahuja Stella category project that has been especially created to cater to the dreams and needs of the fast growing aspirational segment. Focusing on community living, Ahuja Galaxy properties combine thoughtful amenities and best in class facilities in the concept of a modern township, for example Prasadam. Ahuja Towers, Worli is a testament of timeless designs, classic elegance and international lifestyle combined with practically efficient and sustainable real estate development.
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waterproofing
PRODUCT LINE Star Coatings and Membranes Pvt. Ltd.
The basic company principle is quality production and technological innovations
Liquid Membranes- Future of Waterproofing Systems
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tar Coatings & Membranes Pvt. Ltd. Having expertise in waterproof coatings, liquid membranes, polyurethane coatings, epoxy coatings, high solid acrylic polymer additives, concrete admixtures, joint sealants, anticorrosive coatings, decorative coatings and specialty chemicals.
Star Coatings & Membranes Pvt. Ltd. Take the privilege of being first introducer of liquid applied waterproofing membranes systems in Indian Market. Our vision incorporates providing our clients value added, cost effective and ecofriendly waterproofing solutions and products.
What is liquid Membrane System? Liquid membrane system is a completely new and a different approach to waterproofing system. As its name suggests it is a membrane which is in liquid (thixotropic liquid/ Semisolid) form when it is in container but when it applied on any surface it forms a seamless/joint less film. Due to no joint it forms a uniform film all over the surface where it will be applied. n ENIROOF EMB® is water based and eco friendly, not having any solvent in it other than water n ENIROOF EMB® is a flexible type system having 1000% elasticity; it can bear all the cracks which one is in concrete. n ENIROOF EMB® is highly resistance to heat and its softening point is 120˚C, due to which it never became brittle and there will be no effect of time and no cracks after several year of application. n ENIROOF EMB® is a complete one part system and it is cold applied, n ENIROOF EMB® has a very good or excellent bonding with almost all type of surface and primers, there is no air gap The moral of the story is in Indian extremely undefined weather condition the real need for waterproofing is liquid membranes. Star Coatings and Membranes Pvt. Ltd. Namberdar Estate, A-92 C, 2nd Floor New Friends Colony, New Delhi-65, Contact +91-11-26328652/53/54 Website: www.starcoating.in E-mail: info@starcoating.in
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Nikhil Jadhav, Akruti Developers
We have taken a conscious decision to bring in different concepts and focus the design of the project to cater to the end users needs
Nikhil Jadhav Director, Akruti Developers
Tell us about the new technologies As the competition is getting being employed, or experimented tougher, how do you differentiate with, by the company? your projects offerings from the There are constant developments that rest of the players? are taking place in the world today. As far as real estate is concerned India is learning fast from the world and brining in the latest technologies. As a company, we are focused on constantly experimenting and evolving to meet the requirements of the future. For our upcoming villa project located at Sarjapur, we are planning to create a project with pre-fabricated structures and pre-cast slabs. This would directly help us in reducing the time taken for completing the project and also help us tackle a major problem of shortage of skilled labour.
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Todayâ&#x20AC;&#x2122;s market is really tough and competitive. There are new players entering the market everyday, so it is very important for us that we keep innovating. At our company, we have taken a conscious decision to bring in different concepts and focus the design of the project to cater to the end users needs. For example, at our upcoming project, â&#x20AC;&#x153;Akruti Arkâ&#x20AC;? we are creating fully managed homes that would help people at a time where work takes up most of their time, leaving very little time for themselves and maintaining a home.
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We have developed a concept, where all the services of cleaning and maintaining the property would be taken care by a professionally run organisation. So if there is a young working couple living there, they need not worry about maid, cook or even baby sitting services. All will be taken care for them as per their convenience. We look to bring in many more concept driven projects and at the same time bring in unique designs for each of our properties.
The real estate industry is subject to a host of taxes and duties making it more unaffordable. What is your take? Yes, the real estate industry is one of the most heavily taxed industry in
India. While the buyers have to pay a considerable amount to the builder for their home their final decision is based on the total amount to be paid to the builder and the government. First the builder has to pay taxes to the various departments while acquiring the property and that is added on to the project which he need to realise with the sales and over that the buyer needs to pay service tax, VAT, registration and stamp duty which becomes a major burden on the buyer. The government needs to look into doing something that would reduce this burden from the buyer, but instead there has been a increase in the service tax this budget that would add to the woes.
We have developed a concept, where all the services of cleaning and maintaining the property would be taken care by a professionally run organisation
Nikhil Jadhav Akruti Developers
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Nikhil Jadhav, Akruti Developers
Will the Real Estate (Regulation & Development) Bill help the sector?
Nikhil Jadhav Akruti Developers
We have various other projects in pipeline such as a luxury weekend homes wherein people would get a chance to take a break from the hectic city life and live in the freshness of Mother Nature and enjoy a great weekend with the family
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The real estate bill will drastically help in organising and regularising this sector. Buying real estate today is an expensive affair and no one likes to feel cheated after putting in so much money into buying a property. The buyer will know exactly what he is paying for, when the project will be completed and get complete transparency on the ownership of the land. This bill will help in putting a bit more trust on developers.
Brief us about your latest completed projects, ongoing projects and pipe line projects? Our latest completed project is Afallon, located in Whitefield, Bangalore. Itâ&#x20AC;&#x2122;s a 150 keys hotel. For this property we have signed with the Wyndham group of hotels for their Days inn hotel brand and it will be the first Days hotel in Bangalore. We hope that this will become a landmark property in the heart of Bangalore. We are in the process of starting our new development that is in Sarjapur, Bangalore called Akruti Ark. With design expertise from one of the top Singapore architects, theses are uniquely designed villas are spread over 5 acres as the first phase of a 15 acre development. These homes will be fully managed homes a first of its kind here in Bangalore.
We have various other projects in pipeline such as a luxury weekend homes wherein people would get a chance to take a break from the hectic city life and live in the freshness of Mother Nature and enjoy a great weekend with the family. Another concept called 50+, that would cater to the lifestyle of the people actively living after the age of 50.
What are the major steps being taken to realize Company name future plans? As a company, we are debt free. We only come out with one project a year and we hope to create a name for ourselves where we will be associated
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Afallon, Whitefield
with words such as quality, unique and innovative. We are following this vision and like mentioned earlier we are looking to bring in deigns that are not available in the market today and bring in concepts that cater to the needs of the people for who we build these spaces.
How do you increase the supply of affordable housing in the country? Affordable housing is a huge market in todayâ&#x20AC;&#x2122;s rapidly growing Indian market. The government needs to see this as a big opportunity for the improvement of the country. The biggest challenge is the acquisition
of land and for the government to have that vision where they allocate area or acquire land for the sole purpose of creating hosing projects. Land cost of another crucial factor affecting the supply of land . Given the limited availability of land in the urban areas, it becomes unviable for the developers to provide affordable housing without the governments support. The other factor that will help in increasing the supply is if the government along with the nationalised banks make it easier for the buyer to get a housing finance. This seems to be the major factors that affect the increase in supply of affordable housing projects in the country.
The biggest challenge is the acquisition of land and for the government to have that vision where they allocate area or acquire land for the sole purpose of creating hosing projects
Nikhil Jadhav Akruti Developers
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Deepak Goradia, Dosti Realty
High rise buildings create a sustainable development for the people of the city. With land being a constraint, going vertical is the only way forward especially in metro cities like Delhi and Mumbai.
Deepak Goradia Chairman & Managing Director, Dosti Realty
We see so many high-rise buildings coming up in all metros, but isnâ&#x20AC;&#x2122;t there a basic conflict between high-rise buildings and sustainability? Absolutely not, in fact it is the reverse. High rise buildings create a sustainable development for the people of the city. With land being a constraint, going vertical is the only way forward especially in metro cities like Delhi and Mumbai. Going vertical helps in providing more housing in a given area, while at the same time creating more open space and greenery all around. Today, people are more environmental conscious and are interested in knowing if their property is sustainable and adheres to green building norms. This has come about due to greater awareness created about our environment we live in and desire to protect our planet for the future generation. Most leading developers in the country have on board international architects and designers who work along with their Indian counterparts in various high rise projects. They bring with them international technology along with
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innovative and superior construction techniques. The technology used today in most high rise buildings are far advanced in terms of materials used, which are light weight and yet strong and durable. At Dosti Realty, we take pride in incorporating sustainability as a given; in most of our projects. This provides our customers with a healthier environment and better lifestyle to reside in along with his family.
spaces. Architectural grandeur, avant-garde interior designs and beautiful landscapes is what distinguishes Dosti projects from the rest. Dosti Realty has on board well known Indian and international architects for designing and landscaping of our projects. Also, most of our projects are centrally located and easy accessible to major railway stations, business hubs or even the international airport.
As the competition is getting tougher, how do How do you increase the supply of affordable you differentiate your projects offerings from housing in the country? the rest of the players? There is immense growth potential for affordable Ever since our inception in 1980, the Dosti Group has been synonymous with trust, togetherness and reliability. Our first priority has always been to make friends with our customers, a practice that has served us very well over the years. Dosti Realty is known for its gated community projects spread across acres of open
housing in the country. But for this to happen, government will need to free up land for development. Government needs to incentivise schemes that will attract developers to enter into the affordable housing segment space. The government should lower cost of land for development which will make it more
DOSTI VIHAR Dosti Vihar is a township project at Thane which consist of 19 towers of 20 to 30 storeys each in 2, 2 ½ and 3 BHK apartment configurations. The project is designed by Archetype Architect and the landscaping is conceptualized by TAIB Landscape Studio, Singapore. Dosti Vidisha and Dosti Vasudha are two latest additions to Dosti Vihar taking the township to the next level of luxury. Dosti Vidisha is a 29-storied single tower, with four apartments per floor and ample space for you to enjoy your freedom. Dosti Vasudha is a 30-storied tower with two wings and eight spacious apartments on each floor. The most striking feature of Dosti Vidisha and Dosti Vasudha is that both towers offer spectacular views of the lush gardens surrounding them. A breath of fresh air in the city of Thane may be a luxury for others, but for those living in Dosti Vidisha and Dosti Vasudha, the experience comes on a platter.
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Deepak Goradia, Dosti Realty
Dosti Acres Wadala
Deepak Goradia Dosti Realty Mumbai centric and plan to concentrate on the Mumbai market only. With our flagship project situated at Wadala, we are poised for further growth which would include a mix of residential and commercial property as well.
We will continue to bring innovative products to our customers, thereby enhancing their lifestyle.
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attractive to develop, as land is a major price component in the overall cost of a project. Also, we can look at the PPP model which should work well for increasing the supply of affordable housing in the country.
Will the Real Estate (Regulation & Development) Bill help the sector? Yes, to an extent as it will bring in more transparency in dealings with the buyer more aware of what is being offered. But instead of introducing new bills to help reign the sector, it would be advisable to implement policies that already exist in the realty sector. We have enough laws and procedures in place to deal with matters related to proper functioning of the real estate sector, it just needs to be implemented in the right spirit.
What is your companyâ&#x20AC;&#x2122;s future plan? In the space of a little over three decades, we have built an impressive portfolio of over 5,500 homes that house over 27,550 residents in 92 impressive Dosti complexes, which occupy a total developed area of 5 million sq ft across Mumbai. Besides residential complexes, we have also made our mark in the commercial, retail & SEZ segments. Presently, we are Mumbai centric and plan to concentrate on the Mumbai market only. With our flagship project situated at Wadala, we are poised for further growth which would include a mix of residential and commercial property as well. We will continue to bring innovative products to our customers, thereby enhancing their lifestyle.
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Shravan Gupta, Emaar MGF
Shravan Gupta
Emaar is one of the world’s leading real estate companies, having developed approximately 89 million square feet of real estate across the residential, commercial and other business segments and with operations in 14 countries.
Executive Vice Chairman and Managing Director, Emaar MGF
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Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Developments Limited (“MGF”) of India. Emaar is one of the world’s leading real estate companies, having developed approximately 89 million square feet of real estate across the residential, commercial and other business segments and with operations in 14 countries. MGF has established itself as one of the key players in retail real estate development in Northern India and has delivered approximately 2 million square feet of retail space. The Company commenced operations in India in February 2005 and is into real estate development with a pan-India presence and operations spanning all key segments of the Indian real estate industry, namely the residential, commercial, retail and hospitality sectors. The Company’s operations encompass various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution. At present, its focus is on the development of residential projects in Delhi and elsewhere in the NCR, Mohali, Hyderabad, Chennai and other key Indian cities.
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Shravan Gupta, Emaar MGF
Capital Towers is a mix of location and brand that creates lasting value in terms of assets.
Shravan Gupta Emaar MGF Emaar MGF Capital Towers Downtown in Gurgaon Vibrant world-class offices at Gurgaon Gateway Capital Towers is a mix of location and brand that creates lasting value in terms of assets. Capital Towers, Downtown is located in the Central Business District of Gurgaon, on MG Road and at the border between Delhi and Gurgaon. The philosophy behind the identity of the Capital Towers at Downtown is to reflect the inherent characteristics of the millennium city of Gurgaon. The project is a unique mix of form, function and style, inspired by the very best of architectural designs. The entire complex boasts of international quality craftsmanship and maximum utilisation of every square foot of space. Ground floor is dedicated for Commercial Retail hosting businesses that attract customer footfalls (like Banking & Insurance), Restaurants & cafes add to the convenience and charm of doing business at Capital Towers. Higher floors are offices which offer world-class plug & play technology support and state-of-the-art facilities that any blue-chip business would expect to find. Special Features • S trategically located at the gateway of Gurgaon • C apital Towers is the first commercial development, when one arrives in Gurgaon from Delhi • I n close proximity to Guru Dronacharya Metro station on the Mehrauli Gurgaon Road • U nique architectural design with the combination of ass curtain walls, stone cladding and metal finishes
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Office Amenities a. Large and efficient open space plans with centrally located core design b. Dedicated lift lobbies for passengers and services c. Modern high speed elevators. d. Integrated green building standards with high performance glazing and Environmental control systems e. Centralized air conditioning system with Hot and cold options f. Fully integrated fire / life safety with refuge areas and communication & control room g. Integrated landscape design with formal entry dropoff area h. Equipped with modern life safety and security system i. 100% fully automatic Power Back-up Quick Facts Size of the Project: Capital Tower -1, a Grade-A commercial Tower spread over 3.60 lakh sq ft area (Approx) with G+12 floors Office unit Cost: - 3 Cr onwards Mode of Payment: Construction Linked and Down Payment options Year of Launch: July 2013 Year of completion: Expected 2017
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Bimal Hegde, Chartered Housing
Consumers should focus and buy properties in areas that are developing, which will result in getting better value for money. Share us some current real estate scenario in India particularly in SOUTH?
Bimal Hegde CEO, Chartered Housing
Bangalore has been the fastest growing city of India over the past few decades. IT has been the major growth driver and is responsible for aggressive real estate development in the city. Talking of trends, the new trend is compact but efficient apartments in the range of 950 sq. ft to 1400 sq. ft. which caters to the budget segment, giving them comfortable living space. In Bangalore mid-segment housing continues to show momentum due to advantageous affordability quotient. Another major trend is the emergence of upscale villa projects and row houses. Typically villas cost upwards of 3 crore, but row houses will range between 2-3 crore for around 3500 -4000 sq. ft. Given the fact some of the areas are mostly developed and availability of land is decreasing in these parts, projects in these areas will be costing slightly more. Therefore consumers should focus and buy properties in areas that are developing, which will result in getting better value for money.
Chartered Beverly Hills
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Bimal Hegde, Chartered Housing Chartered Beverly Hills
Glass is seen in commercial developments and not in residential complexes. But nowadays few highrise residential buildings preferred glass in construction, as it is suitable for all climatic conditions.
Bimal Hegde Chartered Housing Apart from Bangalore, Chennai has also opened its doors to the IT majors and its effect can be seen on the realty sector. An apartment, a 2BHK in Chennai is priced in the range of Rs. 50-60 lakh while in Bangalore a 2BHK in the area dominated by IT population, will fall in the range of Rs. 60-70 lakh. Roads like GST road, IT corridor of OMR stretches, outer ring road and areas further down south have seen lot of appreciation due to the development of IT corridor, industrial estate, roads and transport facilities.
Tell us something about the technology and IT processes followed at Chartered Housing? As in any growing organization technology plays a very important role. I have mentioned a few important points below: • ERP systems to ensure budgets, expenditures etc are monitored. • ERP system also ensures that authority for various decisions, budget - flexibility is given to the correct people.
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• T he CRM systems ensure all the leads generated are stored for future interactions, to send them information. Also we have a system which helps the sales team in their regular follow ups. • Also our IT helps us ensure the project budgets are carefully monitored to ensure we don’t overshoot the project cost. • We also have a weekly progress analytics system to monitor the progress of the project
In modern buildings and especially in high-rise buildings we see that Glass is the preferred material for the building envelop, what are the reasons for that? Typically glass is seen in commercial developments and not in residential complexes. But nowadays few highrise residential buildings preferred glass in construction, as it is suitable for all climatic conditions. Glass is durable to the extremities and even cost of glass envelope is reasonable. Above all, it brings in visible light while keeping the elements out. When many balconies face the west which turn entire living space hot, glass is used to avoid excess sunlight from entering the homes.
How do you take Green Building concept in India; overall your comments? Green Buildings as a concept is slowly catching up in India which is great. A green building as a concept starts
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roofing
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Roofing demand across the country
Still RCC is the preferred choice of roofing solution for the buildings in the urban areas accounting for around 55% of the roofing demand. Metal and plastic roofs are widely used in malls and complexes.. 088
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he thriving urban construction sector in India, coupled with increasing disposable incomes in rural areas, is moving roofing solutions market to the next generation products. Industry sector is also witnessing a gradual shift towards prefabricated buildings, and is indicating an increased willingness to try contemporary roofing materials that are easy to maintain and long lasting. This is largely reflective of the rural landscape which is gradually shifting towards concrete, metal and fibre cement roofing. Concrete roof accounts for 30% of the total roofing demand across the country, followed by metal roofs and fibre cement sheets. Still RCC is the preferred choice of roofing solution for the buildings in the urban areas accounting for around 55% of the roofing demand. Metal and plastic roofs are widely used in malls and complexes.. Warehousing is a leading demand driver for roofing products in India. Industry sources estimate demand for warehousing to grow at an annual rate of around 9% over the next five years. Growing number of factories, poultry farms, architectural buildings, cold storages and development of special economic zones are other key demand drivers for roofing market with focus on thermal insulation and energy conservation.
March-April 2015 > Construction & Architecture Update > www.constructionarchitectureupdate.com
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Experts say that, global construction will grow by 67% from $7.2 trillion today to $12 trillion by 2020. A total of $97.7 trillion will be spent on construction globally over the next ten years. Growth in China, India and the US will account for over half of the predicted increase. Roofing refers to the elements which cover, protect and insulate the roof surface of a structure, Roofing market is witnessing healthy growth on the backdrop of consistent development in infrastructure and rising disposable income both in urban as well as rural areas. Metal roofing market has been growing with the rising demand for durable and aesthetic products. Growing popularity of concrete, metal and asbestos roofing have taken a toll on the roofing tiles market. Hand made tiles dominate the rural market while machine made tiles dominate the urban market, Economical advantage and aesthetic nature leads to usage of these tiles in the roofing sector Consistent government initiatives to increase rural income will ensure a sustained growth of the market Asbestos cement roofing installed capacity is expected to witness steady growth over the next five years RCC is widely used in India owing to its cost effectiveness and versatility
Roofing market is witnessing healthy growth on the backdrop of consistent development in infrastructure and rising disposable income both in urban as well as rural areas. Metal roofing market has been growing with the rising demand for durable and aesthetic products.
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pre-engineered buildings
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The PEB industry on the growth curve
Major players are increasingly scouting for new opportunities by adopting multiple business strategies such as venturing into engineering design, project cntracting, manufacturing heavy structural... 090
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he PEB industry in India is still on the growth curve, and as industrialization increases there will be growing acceptance of PEB structures. Major players in the Indian market are increasingly scouting for new opportunities by adopting multiple business strategies such as venturing into engineering design, project cntracting, manufacturing heavy structural steel buildings and focusing on verticle integration. Presence of global players have made the Indian PEB market more competitive A significant change in the Pre Engineered Steel Business in the last 7-8 years. Initially the Demand exceeded the Supply which enabled new companies to mushroom and get an elbow space in the PEB Suppliers domain. So far the supply and the demand is matching, To work to low costs, there has been a paradigm shift in the quality of products, delivery periods, etc. which has resulted in severe dent to the Customer Satisfaction Index. Even, as on date, established companies with Brand Equity faces stiff challenges from new players or players from the unorganized sector.
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“The PEB market is strongly associated with investments and growth in the industrial and commercial sectors. The new potential application areas for PEB in the next few years will include power plant structures, factory buildings, commercial buildings (offices and retail malls), warehouses, and metro stations.”
Due to the increasing demand for Steel Solutions for the infrastructure industry like Power, Cement, Bridges have given a much needed boost to the Metal Manufacturing industry. Hopefully, this requirement would continue for the next 5 years. Frost & Sullivan’s Analysis of the Indian PEB market finds that this to reach Rs 13,612 crore in 2016, at a compounded annual growth rate (CAGR) of 26.6%. Key challenges include increasing cost and shortage of skilled manpower, presence of alternative building structure (both steel and concrete) and fluctuating raw material (steel) prices, which account for 55 to 60% of the overall cost. These will certainly affect the price trend and impact the profit margin of the supplier in the long run as competition intensifies. These challenges shall be directly attributed to the lower penetration of PEB in India. “The PEB market is strongly associated with investments and growth in the industrial and commercial sectors. The new potential application areas for PEB in the next few years will include power plant structures, factory buildings, commercial buildings (offices and retail malls), warehouses, and metro stations,” noted Frost & Sullivan’s senior research analyst. The heightened emphasis on green building construction is also poised to push market expansion. For instance, to increase energy-efficiency, many PEB manufacturers have developed high efficiency windows and insulation for roofs, walls, ceilings & floors. The use of sky lights and solar panels on rooftops will meet daylight and captive power requirements, while, at the same time, reducing emissions and gaining carbon credits under clean development mechanism (CDM). Many leading international and domestic market participants are increasingly scouting for opportunities by adopting multiple business strategies such as venturing into engineering design, project contracting, manufacturing heavy structural steel buildings, and focusing on vertical integration whereas, merger & acquisition strategy will support them to grow inorganically and enable them to broaden their geographic reach and product portfolios.
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pre-engineered building
product line Trade Will Interiors
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Company Infrastructure & Machinery
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ur state of art infrastructure includes all the latest facilities and equipments which are required for carrying our operations smoothly. We have well developed R&D and Testing Facilities which help in ensuring optimum quality of the product. Owing to our infrastructure we are able to deliver prime quality products in large numbers and also provide Customized Production Facility to our clients. We have different departments for each task including Procurement Department, Client-coordination Department, Account Management Department, Manufacturing Unit, Quality Testing Unit, Warehousing Unit, Sales & Marketing Unit, Research and Development Department and thus ensuring smooth business operations. Our spacious, well connected and well maintained warehouse helps us in safely accommodating the wide range of finished products. Pre-treatment of products, Powder coating & liquid painting, Fitting & Packing is done in our paint shop. Trade Will Interiors has the wide range of Prefabricated structure
which used for Educational Institutions, Builders & Developers, Rooftop Rooms, Department Store, Farm Houses, Security Guard Rooms, Corporate Offices due to l Good insulating property l Fire retardant l Easy transportable l Complete weather Protection l Easy maintenance l High impact strength l Dimensionally accurate l Earth-quake proof l Multi-functional l Safe to use l Durable finish standards l Properly finishing l Available in various colors and designs l Easy dismantling and reassembling About us Trade Will Interiors has established itself as a well renowned Manufacturer, Exporter and Supplier of Pre-fabricated or Pre-Engineering Structures. We are a professionally managed organization guided in our efforts by Mr. Dilip Sharma (CEO) having experience of 10 years in this
field. Located in Haryana we are an ISO 9001-2008 certified company founded in the year 2009. The company has achieved tremendous success in a short span of time and created a niche for itself in the market. l Pre-Engineering Building q Warehouse q Industrial Sheds l Prefabricated Buildings q Portable cabin q Labor Accommodation q Project Office q Security Guard cabin l Insulated Containers q Mobile Container q Office Container l Modular Partitions q Gypsum Partition q Pre office Partition l Portable Toilet Cabin l Air Ventilator Trade Will Interiors Plot No. 5121/31, Rajendra Park, Bajghera Road, Gurgaon-122006 T - 91-124-2468126 F- 91-124- 2468126 E- info@tradewillinteriors.in www.tradewillinteriors.com
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roofing
product line
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Nuvo Skyline Steel Structure
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uvo Skyline Steel Strutures(name of complete roofing/PEB solutions). We introduce ourselves as a leading Manufacturer , Exporter , Supplier of Metal roofing Systems/Wall Cladding Systems , Wind operated turbo air ventilator , Z & C Purlins, Profiled FRP/Polycarbonate Roofing Sheets, Mangalorian Tile Roofing Sheets, Pre-Fabricated Steel Structure with accessories installed at site like factories, warehouses, farm houses, Industrial Sheds,Parking Sheds. Railway Sheds etc. Metal Roofing System Provides a good aesthetic appearance. It is lightweight,Durable, high strength, easy maintenance , cost-efective, eco-friendly and overall the ultimate choice of your roofing and cladding. The Fabrication and erection is always of highest quality and of utmost importance and is the most notable advantage offred by us. We Have built-up enviable record of long-term relationship with satisfied clients and to most of these esteemed clients. Providing quality material and services to our client excellence is our main aim,A Significant source of strength to our company has been strong relationship with our clients before and after the sale Nuvo Skyline Steel Structure has marked its special mark in the industry in a short time span, owing to its premium product offerings. Located in Maharashtra, the company is the foremost Manufacturer, Exporter, and Supplier of Pre Painted Steel Sheets and Pre-Engineered Buildings. Our products are known for increasing the aesthetic appeal and value of any structure. Being an ISO 9001:2008 Certified Organization, the company is committed towards delivering the best to the clients. Our professionals are wellversed with the latest technological development and changing market trends. This helps the team to upgrade the product line, on regular intervals.
A special emphasis is also laid upon delivering the consignments of the clients within the set time period. This way, the company has set a benchmark for itself in the domain. The company is the backed by a sophisticated infrastructural unit, which is spread over a wide area. The unit is well equipped with the latest designing, production, testing, and other facilities to deliver the flawless product range. Competent team comprising of exceedingly skilled and proficient professionals acts as one of the major strengths of the company. The company has gained an edge over its competitors, because of the following reasons: l Unmatched products l ISO Certified Company l Competitive prices l Experienced team l Widespread network
Pre Painted Steel Sheets We are reckoned as the prime Pre Painted Steel Sheets Manufacturer,
Exporter, and Supplier in India. The Pre Painted Steel Sheets are available in different shades, as per the industrial requirements. These Pre Painted Steel Sheets are excellent in quality and thus are demanded by the global clients. Our Pre Painted Steel Sheets are offered at the most competitive prices. Known For l High temperature resistance l Aesthetically attractive l Easy to install l Light weight
Pre-Engineered Buildings The company is the chief PreEngineered Buildings, Exporter, and Supplier in India. Our Pre-Engineered Buildings have high tensile strength and heat resistance. Therefore, these Pre-Engineered Buildings are highly demanded amidst national as well as international clients. The PreEngineered Buildings can be availed from us at the most competitive prices. Acclaimed For l Easy to install l Light weight l High temperature resistance l Aesthetically attractive Nuvo Skyline Steel Structure 126/2, Chincholi Shivar, Ajanta Road, Tal. & Dist. Jalgaon Tel: 0 257-2352446, 9422224022 Fax: 0257-2352444 Email: aarav.nemish@gmail.com Website: www.skylineroofing.in www.nuvoskyline.com
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feature
India to install LED bulbs in 100 cities by March 2016
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Western Railway, the scenario is about to change with a plan proposed to replace the existing fluorescent tube lights in local trains as well as office buildings with LEDs.
ED becoming the lighting of choice, a career in this industry will only have brighter prospects. The market will be driven by such factors as government support for promoting investments in energyefficient lighting, development of national standards for testing and performance evaluation, transfer and improvements in existing technology for new applications, global mandate to address greenhouse gas (GHG) emissions, and decline in average prices of LED. The efficacy and life of LED lighting would improve over a period of time. Efficacy is expected to double in the next 20 years. Formation of national standards for LEDs will accelerate the market development. The nationwide LED Village Campaign by Bureau of Energy Efficiency (BEE) has come as a booster. Under the campaign, LED-based street lights are being installed in villages. LEDs are also being used on a large scale in appliances like air-conditioners and televisions. India government has initiated a scheme to install LED
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bulbs for domestic and street lighting in 100 cities by March 2016, reports Business Line.Major players of lighting industry in India sees huge opportunity in LED segment and are all prepared to create a strong marketing push in near future. They have started moving forward with plans to enhance LED production capacities as well as increase consumer awareness for this thriving industry. The industry is inspired by Prime Minister Narendra Modi terming LED lights as â&#x20AC;&#x2DC;prakash pathâ&#x20AC;? (way to light) in a recent initiatives. For Western Railway, the scenario is about to change with a plan proposed to replace the existing fluorescent tube lights in local trains as well as office buildings with LEDs.The project was initiated earlier this month at the Mahalaxmi car shed in Mumbai by replacing about 500 fluorescent tube lights with LED ones.For instance, According to industry estimates, the LED lights business in the country stood at about 4,000 crore in 2014 and is expected to touch the 20,000-crore mark by 2020.
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led lighting
feature n Surya Roshni has made investments in the range of 40-50 crore and aims to achieve revenues worth 500 crore in the LED segment in the next two-three years.
n Orient Electric has decided to switch more than 50 per cent of its production capacity from CFL (compact fluorescent lamp) to LED lamps by March.In addition, they have plans to add the capacity to produce nine lakh LED lamps a month.
LED lights on streets by Dussehra Mumbai will soon have LEDs illuminating its streets as the Centre wants to replace current lights to save energy. Union Energy Minister Piyush Goyal on Thursday announced that LEDs would be installed on city streets till Dussehra. “We are going to replace street lights in Mumbai with LEDs till Dussehra with an aim to save energy,” Mr Goyal said. Energy Efficiency Services Limited will be providing LEDs that save 50 per cent power, and the cost of LEDs would be recovered from savings.Consumers of electricity would have portability choice in the future, as the Centre had proposed amendments in the Electricity Act. “Consumers can choose the electricity company that has less tariff and better services to offer. It is like having a mobile phone of one’s choice,The amendment was proposed during the winter session of Parliament and a report by the standing committee on power was expected in March-April. “ With growing environmental concerns and rising fuel prices, automobile manufacturers have adopted the new technology of LED and adaptive lighting technologies. LED
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n Bajaj Electricals expects revenues from its LED business to double by the next fiscal with the launch of its new range of products.LED lamps start from ₹300-400 and are said to last up to 25,000-50,000 hours.Besides, the Electric Lamp and Component Manufacturers Association members have decided to stop production of ordinary bulbs in a phased manner.
lights are more desirable as they enhance the fuel efficiency and decrease energy consumption. Asia Pacific is emerging as the fastest growing region for LED Automotive Lighting with China showing tremendous potential. Taiwan,Japan and Korea are few other regions which offer great opportunity for the growth of LED automotive lighting market. Currently LED headlamps represent a very small fraction of the total LED Automotive Lighting, but holds immense business potential driven mostly by increasing adaptability of LED lamps in passenger cars. In many developing countries of BRIC, the automobile industry is growing at a faster pace due to the increase in purchasing power and rising demand of stylish as well as affordable cars. Rising concern towards road safety, strict automotive regulations and lower energy consumption in LED technology are few of the reasons leading to faster growth of Automotive LED lighting industry. Also, increasing vehicle production, mainly in the BRICS countries, have boosted the consumption of the lighting equipment. However, with immense growth opportunities, the Automotive LED lighting industry faces the challenges in terms of high price of LED lamps, high research and development costs, lower automobile demand which also leads to high bargaining power of the consumer. The Light Emitting Diode (LED) market in India has been growing over 50% for the last five years (2009-10 to 2013-14) and expected to sustain this growth rate in the next five year (2014-15 to 2018-19). Although late, the government of India has announced a lot of incentives and measures in order to prioritize LED manufacturing in the country. However, there are lot of LED Lamp assembling companies in India, who design and make LED lamps but they import basic LED chip elements.
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led lighting
interview LightOtech The main focus of innovation is how to increase the life of LED Luminaire by creating new designs to manage the temperature, comfort and cost for the consumer Sobat Singh Aswal, LightOtech LightOtech is strengthening the process of local for local innovation in LED lighting and also reducing the time to market for more affordable products and solutions.
Your presence is into the multicity, which city’s outcome is better in terms of reenue and the future perspectives? As such our presence is PAN India, people are accepting our products and our products are getting raised in demand month by month, but if I have to take couple of names, I will pick Punjab & Gujarat.., Punjab having extensive area including NCR & UP and Gujarat being one of the fastest growing state in India. Gujarat continues to remain
the top-ranked Indian state in terms of “economic freedom” - an index that measures governance, growth, citizens’ rights and labour and business regulation among the country’s 20 largest states.
Any new innovations in this category that are in the pipe line? The main focus of innovation is how to increase the life of LED Luminaire by creating new designs to manage the temperature, comfort and cost for the consumer. New products which are going to be launched in 2015 will have WiFi feature and compatible with mobile and computer interface. The consumer can program the lumens level, timing and power consumption as per the convenience.
How have your LED products evolved to ensure greater efficiency at lower costs? Considering the poor power supply across the country? LightOtech is strengthening the process of local for local innovation in LED lighting and also reducing the time to market for more affordable products and solutions. These products are designed to withstand local operating conditions like voltage fluctuations, frequent power outages, diverse weather conditions and the price point are fixed accordingly as well. Our design understanding evolves with time and projects. We are constantly doing
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interview LightOtech new types of designing patterns and questioning our beliefs in the face of what works and what does not to create more meaningful places. This cycle of growth fuels better designs that are in sync with the needs of the time.
How is your company planning to tackle the cost-versus-quality issue in India?
Sobat Singh Aswal LightOtech
We would request our end consumers to actually explore the true potential of lighting.It has immense power to transform spaces, which actually holds the key to your mood.
We at LightOtech focus on better quality that is at par with global standards and easily available at all distributors and outlets of LightOtech. We stronly believe that there is a strong movement towards sustainable solutions in Lighting and Government initiatives added on another feather in Led Lighting sector. As the central government sending an internal note to all ministeries to start using only LEDs for their new requirements.
Shed us 3 Strategies to spread LightOtech PAN india? LightO’s AAA Approach to market: At first we are conveniently Accessible: in today’s scenario when the disruptive technology of LED has hit the market there is huge dearth of knowledge. We at LightObelieve in selling through awareness the same can be seen in all customer touch point’s rights from packaging to the one-one interaction with our stake holders, channel partners etc. Our team is sound with a solid market experience and holds the passion to share knowledge freely. Extremely adaptable: In LED technology things are changing at a fast pace. And we at lightO are focused to get market time relevant solutions. Our Product development team is constantly working on bettering the solutions that roll out. Growing in to an allegiant partner : Lighting is a responsible sector and we at LightO believe in getting the best out of it while keeping its standards high and thus emerge as a dependable partner to all our consumers. The same has been well proven by our more 100 projects which have been rolled out successfully and have garnish the best of response from our end consumers, eminent Architects and lighting designers.
What is your future plans and your message to the industry? Play with Light We would request our end consumers to actually explore the true potential of lighting.It has immense power to transform spaces, which actually holds the key to your mood. With the advent of LED technology all this would be quite easy. So we request all our stakeholders to just dream, play with light to achieve your dreams come true. SHIFT TO HAPPY MOMENTS!!
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product line Able Lighting
Able has a clear vision of setting a trend in constant innovation, static design and technology with consideration and respect for the environment and affordability.
A Sathish Chandran
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ble a brand registered under Able lighting company, India constitutes a devotion and expetisein its product range of led lights fixtures. Able has a clear vision of setting a trend in constant innovation, static design and technology with consideration and respect for the environment and affordability. Our lighting experience of more than a decade has empowered us with our strengths like : n Extensive product portfolio n High scalability n Customised solutions n Rapid innovation & track of development n Constant geographical expansion n Trend leadership Our optimum human resources with high graded quality control has helped our vendor achieving certificates like CE, ROHS & many more. Being an ISO 9001:2008 certified company the standards comply latest testing technology & advanced quality controls systems to ensure our product quality. An Independent R&D center is constantly striving to improvise on existing range and development in new reliable innovative products at an affordable price. Our Networking systems is growing towards brand awareness with development of a bonding Trust within our channel partners, Our vision of “Building Values and Lighting up Life’s “ has a clear composition by safe guarding the environment, customer relationship, expertise, products and our key partners. This gradually adds to our productivity due to which we are promptly placed in all the major states in India with ABLE Brand Shops and ABLE Exclusive outlets. The Brand has now successfully embarked a 200+Product range in Residencial/Commercial/Industrial and outdoor Led Lighting. We as a brand and a company realise our dual responsibility by interacting as an interface between our valuable clients and enery conservation with the medium of LED in Lighting.
March-April 2015 > Construction & Architecture Update > www.constructionarchitectureupdate.com
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product line
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PRODUCT LINE Technics Unlimited
Helping you to paint your dream space
B
ig thinking precedes great achievement. Technics Unlimited, established in 1985, has always been a forerunner in providing unique and high quality solutions in the field of civil repairs, specialty coatings and waterproofing. Today, we are one of the oldest and most reliable civil repairs and painting contractors based in Mumbai, executing works all over India. We at Technics Unlimited have adopted the latest technologies and developments to suit local conditions. Moreover, we boast of having the most experienced labour force in the industry. Our supervisors and engineers are trained to handle
various on-site situations in the best possible way. We have over 25 supervisors, 15 engineers and a skilled labour force of approximately 250.Technics Unlimited is well equipped with Airless Sprayers, Steel Scaffolding Systems, Bamboos, Compressors, Mortar Mixers, Transportation Facilities, etc. Technics Unlimited 87, Nitin Villa bldg., Ground floor, Flat no. 1, Sewri-Wadala cross road, Opp SIWS college gate no.1, Wadala west, Mumbai- 400031 Tel: 24149090 / 24117700 E-mail:nareshgoshar@hotmail.com Website: www.technicsunlimited.in
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circular GOVERNMENT OF MAHARASHTRA No. MFS/36-G/2014/1765 Tel: 26677555 Fax: 26660287 Email: info@mahafireservice.gov.in Website : www.mahafireservice.gov.in
OFFICE OF THE FIRE ADVISER Maharashtra Fire Services Academy, Vidyanagari, Hans Bhugra marg, Santacruz – East, Mumbai – 400 098. Date : 15.12.2014 CIRCULAR Fire Door
NBC – 2005 provides for Fire containment doors to be provided for various levels of safety like 30 minutes or 60 minutes etc. For Dwelling Unit Separation (Main Door) clause 3.3.1 table 1 S. No (viii) provides for 1 hour fire resistance for Type 1 construction, Type 2 construction, Type 3 construction and Type 4 construction, Under same clause non load bearing partitions provides for minimum half hour fire resistance. These are mandatory as per Maharashtra Fire Prevention and Life Safety Measures Act, 2006, and thus to ensure that a proper fire door is installed these are to be adhere to IS 3614 (Part II ): 1992 (Reaffirmed 2002) Metallic and non-Metallic Fire Check doors – Resistance Test and Performance Criteria which is the latest IS code as on date for specifying the requirements of fire door, As per these codes, given below parameters and precautions are to be checked by the Nomination Officer while carrying out the inspection of any premises to ensure Fire, Life and Safety Measures are taken care of as per Maharashtra Fire Prevention and Life Safety Measures Act, 2006. 1. As per definition, Fire Door means “A door or shutter provided for the passage of persons, air or things which, together with its frame and fixture as installed in a building, is intended, when closed, to resist the passage of fire and/or gaseous products of combustion and is capable of meeting specified performance criteria to those ends. Insulated or non-insulated. The door leaves/shutters never give fire performance in isolation. Performance in fire is integrated system performance and whole assembly must be installed. 2. It shall be ensured that “Test Certificate” from Central Building Research Institute, Roorkee, Uttarkhand or from Indian Plywood Industries Research and Training Institute, Bengaluru or from any institute / Laboratory recognized by Central Government / State Government / Government Undertakings which specifically states that these Fire Doors are tested in
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accordance to IS 3614 (Part II): 1992. 3. It is also acceptable that the test certificate from Warrington Fire Research Centre Ltd. UK or from Chiltern International Fire Ltd. UK or from International Fire Consultants Limited UK or any other institute of International repute for door assemblies tested in accordance BS 476 part 22. 4. The owner or occupier should produce Form A from Licensed Agency having valid license for “Passive Fire Protection” and Rules thereunder issued as per Maharashtra Fire Prevention & Life safety Measures Act, 2006. 5. It has to be ensured by the authorities that the report include following information: a) Name of manufacturer; b) b) A description of the assembly including fixing arrangements of fire door including drawing, exact sizes and components like thickness and the locations of fire door test assembly. The Clearance and gaps between doors and frame shall also be fully recorded; c) Rating of the fire door mentioning insulation and integrity rating; d) Furnace time/pressure chart and temperature curves actually attained during heating conditions; e) Time/temperatures results; and f) Any other information about the performance. 6. It has been brought to the notice to this office that certain builders are just providing door shutters / door leaves claiming certifications based on Bunsen burner/flame test or other non-related tests which are invalid as these certificates are neither as per BS 476 part 22 or IS 3614 (part 2). These certificates are invalid. 7. Obtain certificate that the door assembly is supplied by door manufacturer containing every components as was used in the original testing done to obtain the fire rating certification. Make sure the door frame filled on the wall and the door shutter/
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leaf has marking of the door manufacturer and matches to the dimensions as mentioned in certificate. Also keep on record the test certificate on locks and hinges provided by door manufacturer. They should be fire rated for same or more minutes as the door assembly. 8. The door assembly cannot exceed the size it was originally tested and documented in the test certificates. However if the test results are 20% higher that the rating for insulation and integrity the following increase in sizes are allowed. +15% in height or +15% in width or +20% in area 9. Check the intumescent seals are provided on all 3 sides of the frame/shutters as shown in the test certificate. The bottom side of door leaf may or may not be provided with a drop down seal but an intumescent seal is must to control spread of smoke. 10. Give preference to Green constructions. If the core, the skin and the stiles/rails are components of wood products which are recyclable and bio degradable with NO inorganic material may be preferred. Some doors are made with many types of inorganic material which can eventually
cause landfill and recyclable concerns (Magnesium oxide board, Calcium Silicate Board, Gypsum Board, Cement Board, Fiberglass Sheet, Promat Sheets etc.). It should be noted that fire rated performance is combined integrated performance of the door set/door assembly meaning the doorframe + door leaf + hardware (having the right density of seasoned timber, the spices used for stiles, rails and door frame and the right type of core within + skin + glue for bonding + lock + hinges + Screws or any other accessories mounted + intumescent strips and intumescent sheet cladding on the metal parts used like locks and underlay for hinge flaps). All the enforcing agencies such as Urban Local Bodies and Special Planning Authorities should ensure that the detection systems are strictly adhering to the said Codes. Public Works Dept. and the Engineering Dept. of the other Government and Semi Government Organizations responsible for the designing and commissioning of the Fire Door should also take the note of the same to avoid any violation. This Circular is available on website : www.mahafireservice.gov.in
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waterproofing
PRODUCT LINE Star Coatings and Membranes Pvt. Ltd.
We match your expectations with our expertise
S
tar Coatings & Membranes Pvt. Ltd. is one of the leading suppliers of Water-Proof Coatings, Epoxy Coatings, Poly-Urethane Coatings, Decorative Coatings, Anti-Corrosive Coatings, Adhesives, Joint-Sealants, Cement Admixtures and Specialty Chemicals in the ever increasing Indian market. Our products are well known with various Ministries/ Government Departments, Big Corporate houses, Leading Developers, Consultants and Architects. Star Coatings & Membranes Pvt. Ltd. is among top 5 companies with 140 products to serve construction industry in various applications. Star Coatings & Membranes Pvt. Ltd. is first introducer of perfect Liquid Membranes System in Indian market. Our scientific and advanced technologies bring winds of change to revolutionize the construction industry. Our vision is to provide ecofriendly, high quality and cost effective products
to our respected customers. Star Coatings & Membranes Pvt. Ltd. is having more than 10 years credibility in Indian market. Star Coatings & Membranes Pvt. Ltd. is having well equipped warehousing facilities at different locations in India with sufficient stock of various products & grades, to provide prompt services to our respected customers at their end. Star Coatings & Membranes Pvt. Ltd. has professionally managed site inspection and consultancy team to suggest our clients; value added solutions against their needs. Our special team is continuously working to procure cost effective and International Quality Standard Products to face the Global Market. Throughout these years of establishment, our name has successfully been recognized in the Indian Market. We are getting pride and joy in providing solutions with commitment to our valuable customers.
Star Coatings and Membranes Pvt. Ltd. Namberdar Estate, A-92 C, 2nd Floor New Friends Colony, New Delhi-65, Contact +91-11-26328652/53/54 Website: www.starcoating.in E-mail: info@starcoating.in
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constructions
product line Walplast
Exterior Finishing – Love at first “site”
Mandar Chitre VP, Walplast
E
xterior finishing and good facade leads to love at first site. This is the key to the project and provides a solid first impression. The facade quality also talks about the brand and gives a substantial benefit to the developer. Secondary to the architecture of the building, the material used in the external coat has equal importance. In this article, we wish to highlight the products offered by Walplast to ensure love happens at the first “site”. A good exterior finishhas 3 mainrequirements: A. Good foundation of consistent and good quality plastering. B. Weather protection capacity. C. Long lastingand low maintenance. With the latest technology, Walplast is able to provide products matching all the above requirements. Plastering – A foundation to good exterior finish Exterior Plastering acts as a foundation to the finishing&provides weather protection. Sand plays a major role in plastering. There are two types of sand available for the construction industry, natural sand & manufactured sand. Both have their pros and cons. Natural sand is found in riverbeds and is excellent for construction. However due to environmental reasons, it’s mining or dredging will soon have to be stopped. Manufactured sand is made from rock and has rough edges which make it difficult to deal with. There are certain chemical additivesas well as equipment which take care of these edges andshape it up to a nice friendly and workable form. Plastering Problems A. Sand problems – Incorrect gradation, impurities, salt contain and excess water. B. Storage problems – Space constrain, pilferages etc. C. Mixing problems – Errors at site (Incorrect mixture of sand and cement) D. Applying problems – Wastage and availability of skilled labour. Walplast introduces products which will considerably reduce these problems and assure high quality as well as peace of mind. Ready Mix Plaster – Complete mix, just add water and start with the application Ready Mix Plaster is a factory made premix product, packed in 40 kg bags and just need water in proper ration at the site. High technology weighing equipment ensures perfect mixing.
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Sand is burnt in a large drum burner to remove moisture and other debris. Then it is then screened to reduce slit & separate different sizes to ensure that the final product is of zone II as per IS. Masterplast – Plaster Additive with polymers, plasticizers andfibers MASTERPLAST is a dry powdered admixture of fibers and high quality polymers. It intended for use to create a smooth, easily-spread plaster that reduces water loss and subsequent cracking. It is a chemically active agent that improves the water retention of cement-based plasters.It also reduces water loss to the concrete shell. This allows for better cement hydration and a more even finish. Masterplast is an all-in-one plaster additive which will ensure excellent workability, reduction of wastage, more adhesion, cohesive mix and minimal cracks. It is easy to use and very economical. One pouch is mixed with one bag of cement and this makes the mixing ratio practically free of errors. Appearance & Weather Protection Paints, waterproofing chemicals, weather guards & many more products dominate this market and the user has today wide choices to make. Paints may not always be able to achieve water proofing but provides great finish. Water Proofing chemicals will definitely do a good job in minimizing the leakage, however they lack aesthetical appearance. For a single solution, Walplast offers Scratch-XTexture, a cement based texture powder which is mixed with waterat site, to produce a good workable mix & provides the rustic look in 3 to 4 mm layer.It decorates the wall as well as protectsthe exterior surface. It is economical and has better coverage then other acrylic based productsandhas distinctive appeal. The special formulation keeps it safe against the ill-effects of weather. It contains finest quality minerals, White cement, quartz and polymers.This product is long lasting & ensures low maintenance. It protects the walls from weather, UV rays & is anti-algae & anti-fungal. Therefore use of right products &good architecture can lead to great external appearance.This will ensure that the buyer will take a decision even before walking in & elevate your brand from regular to premium status. Try these excellent products from Walplast & observe love happening at your site. For more detailsabout the products and your value feedback, please write back to us at mktg@walplast.com or mandar. chitre@walplast.com
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construction chemicals
product line MC-Bauchemie (I) Pvt. Ltd.
EMCECOLOR-FLEX
Acrylic Polymer modified Elastic Elastomeric Breathable, Anti-Carbonation, Crack Bridging, and UV Resistant Protective Coating for Concrete
E
mcecolor-flex is an Acrylic Polymer modified Elastic Elastomeric Breathable, Anti-Carbonation, Crack Bridging, and UV Resistant Protective coating for new or strained concrete surfaces, against environmental pollution. It is based on acrylic polymers and selected mineral fillers. Emcecolor-flex is water based and solvent free, therefore eco-friendly. It provides excellent protection for concrete subjected to adverse climatic conditions like in cooling towers, chimneys, bridges, buildings, etc. The product is waterproof and has a low water vapour diffusion coefficient. This makes the coating breathable. It also has a high resistance to diffusion of carbon dioxide and thus has anticarbonation properties. In addition, EmceColorflex is crack bridging, which is advantageous in case of repair and protection of cracked facades, exhibiting hairline and shrinkage cracks (within the region of 0.2 mm crack width). Its UV resistance ensures, no fading or degradation of coating material. EmceColor-flex can then be applied in 2 coats, using painting rollers, brushes or by airless
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spraying over a primer coat of Primex 250. More coats offer higher degree of protection and better crack bridging properties. This product is fully compatible with fully solvent free PCC system for the protection, repairs and maintenance of concrete structures. The consumption of Primex 250 is approximately 100 gms/m2 and that of EmceColor-flex is approximately 425 to 450 gms/ m2 in 2 coats for a thickness of 200-225 microns. MC-Bauchemie (India) Pvt. Ltd. Manufactures this product alongwith a host of other Construction Chemicals in technical and financial collaboration with MC-Bauchemie, Germany. MC-Bauchemie (India) Pvt. Ltd. is an ISO 9001:2008 certified Company. MC-Bauchemie (I) Pvt. Ltd. 411, Arenja Corner, Sector 17, Vashi, Navi Mumbai 400703 Phone: (022) 27880803 / 27892856; Fax: (022) 27893870 Email: info.india@mc-bauchemie.com; mcbindia@yahoo.co.in Web: www.mc-bauchemie.com
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bathroom
PRODUCT LINE
Vineet Sanitrade Co.
In variety, quality & perfection cardin has no peer !!!!!
A
n innovation from one of the most promising and young entrepreneurs in the field of bathroom and sanitary products - Vineet Jain, assures you for best products. He was among the key members of ‘Team Chilly’, where he was on position of Executive Director from 1991 till 2005 and later was instrumental in the inception of Camry in 2005, handling responsibilities as a Director upto 2009. Possessing rich knowledge of product development and manufacturing process at CHILLY and CAMRY, he has proceeded to bring all his passion, at VSC. With quality and consistency as the prime motivating factors, CARDIN is all set to conquer the broad horizons. Some features which make us stand out of the crowd:
Makes U Feel Good again N again
1. Commercial – We offer cost effective stylish choices of bathroom accessories 2. Design – Attractively designed bath accessories and fittings 3. Resistance – All the accessories are highly corrosion resistant and last for a long period 4. Quality – We use finest quality products to give your bathroom a sophisticated look 5. Tensile Strength – All our bathroom accessories are preferred for their high tensile strength and the light weight The choice of finishing helps the bathroom design vision. Enhance your bathroom space and add a perfect finishing touch through accessories that fits the unique
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style. Cardinbath offers decorative innovative and high quality bath accessories to suit any bathroom décor. We provide variety of styles, especially designed to enrich today’s decorations. The finishes are guaranteed not to tarnish and deliver quiet a pleasing appearance. We help to enhancing the style which adds beauty to any bath. The Success of VSC is empowered to its customer orientation. Complying with the changing needs and taste has been the company’s main motive. Search for quality is never ending. So we always work for more improvements in our products to make the same as “Exclusive”. Vineet Sanitrade Co. Plot No. 2, Phase-2, Near Telephone Exchange, Badli Industrial Area, New Delhi-110042 (India) Tel: +91-11-27851392, +91-9350211392, +9312210687 Email: cardinbath@gmail.com • www.cardinbath.com
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Index to Advertisers Company Name
Page no.
Company Name
Page no.
Able Lighting
107
Nicomac Doors Pvt Ltd
71
Ace Tech Exhibition
111
Nirali
17
Ambica Sales & Services
104
Nuvo Skyline Steel Structure
93
Arc International
123
Pioneer Roofing Solutions Pvt. Ltd
87
Asada DĂŠcor Pvt. Ltd.
63
Profine India Window Technology
49
Ashirwad Industries & Security Systems
81
Quba Architectural Products Pvt Ltd
23
RAK Ceramics India Pvt Ltd
29
B&K Exhibition
Front Inside
Beardsell
51
Bharat Bijlee Ltd
7
Rakshan Home Styles S. N. Industries
122 121
Buljin Led Lights & Kits
101
Sara Kitchen
Chandra Kitchen
127
Schneider Electric
Continental Device India Ltd
99
Deep Group of Companies
56-57
38-39
SFMC Group Shree Sai Enterprise
1 110 85
Dolphin International
15
Shri Durga Enterprises
113
Dow Corning
65
Sleek Boards India LLP
37
EBCO Pvt. Ltd
11
Sobha Limited
Echelon Lifestyle Products Pvt. Ltd.
2-3
Electrotherm
83
Firstech Solutions Pvt. Ltd
32-33
GLS Lighting Solutions Pvt. Ltd (Glow Tech) Gujarat Guardian Ltd
103 5
Sonia Enterprises
30-31 120
Star Coatings & Membranes Pvt Ltd
61
Stylam Industries Ltd
55
Sunshade Solutions
91
Sunworld Technologies
105
Technics Unlimited
109
HACKER
13
IEEEXPO
117
Tradewill Interiors
INDEX Exhibition
115
Veena Agency Modular Kitchen Accessories
124
Vineet Sanitrade
132
Ironite Co of India Ltd
69
95
Jay Vee Gee Enterprises
Back Inside
Visaka Industries Ltd
9
JSW Steel
Back Cover
Vita Granito Pvt Ltd
45
Wallplast Products Pvt. Ltd.
43
Window Magic India
21
K-Lite Industries Laxmi Metal Works LCP Building Products Pvt Ltd
97 125 79
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CONSTRUCTION & ARCHITECTURE UPDATE
MARCH-APRIL 2015
VOL. 6 ISSUE 6
3/15/2015 6:59:55 PM C&A Mar-April15_Front_Back Cover.indd 1