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editorial
Managing projects during the steep rise in building material prices
T
The Facebook page of Ply Reporter, leading he downturn in the construction sector despite media for the wood & panel industry in the a positive sentiment in the market and an country, remains flooded with the price rise increase in selling in the real estate sector is posts related to laminate and other plywood directly caused by the rise in construction material products. I have not seen such volatility in prices prices and the cost of labor. Some major reasons in the last 7-8 years. for this cost increase are rising raw material shortage, rising global material prices, production There has also been a hike in the prices of challenges, logistic challenges, sand, glass, PoP, and other increasing fuel prices etc. Overall, there construction materials. There is a rise of is a rise of about 14% in Mumbai while Tiles segment has already been facing around 14% Delhi, Pune, and Bangalore are eyeing the brunt of rising raw material costs for a rise of 10-12%. in Mumbai while some time despite showing the quickest Delhi, Pune, With the Russia-Ukraine war, the price recovery post-pandemic. For a change, the of Brent crude oil crossed the $110 Bangalore accounts demand in the luxury segment bounced per barrel mark. It is one of the major back after several years. Sales in the luxury for 10-12% rise. components used in making paints segment (>INR 3 Cr) almost doubled in and accounts for more than 50% of 2021, compared to 2019. Luxury sales the total expense of the paint companies. Already, accounted for the highest share in three years, as Asian Paints, one of the major paint brands in the per CREDAI MCHI, Colliers, and CRE Matrix. country, in nine months of FY22, took a cumulative The combined impact of the surge in input costs price hike of around 22% in response to nearly is likely to escalate the cost of construction further, 25% raw material inflation. especially for under-construction projects, and Union Steel Minister, RCP Singh, informed that thus impact pricing in the real estate sector. It is steel products used in the infrastructure sector time to be cautious and keep the price rise into such as wire rods, plates, and TMT bars have gone account while starting new projects. up by up to 117% in the last six years.
VERTICA DVIVEDI Editor-in-Chief, Surfaces Reporter Founder, WADE ASIA, Women in Design & Architecture February-March 2022 | www.surfacesreporter.com | 4
CONTENT in Visual I
30 Cover Story
LINK-BNK- A venture of Neelam Kothari Soni & Ar Bhehzad Kharas
90 Maintenance of Luxury Natural and Engineered Stones
75 SR Frontrunner
49
Bhavana Bindra, Managing Director, REHAU South Asia
SR Material of Substance Special SR SpotLight
79 92 Ar Komal Matharoo Principal Architect, Matharoo Associates, Ahmedabad
Khushnu Panthaki Hoof & Sönke Hoof Studio Sangath, Ahmedabad
SR Rising Stars
92
Ar Gaurav Kapoor & Neha Bhardwaj, LSDA, Delhi
readers reviews Kolkata designers, thank you for the responses! We can be contacted at hello@surfacesreporter.com
What people are saying about "Surfaces Reporter" I would like to say that your website is very helpful as a reference guide for designers.
We loved the publishing. Thank you for putting up the details in the best light.
Ar Chetan Lahoti
Devarati Sarkar
Principal Architect, Mind Manifestation Design, Pune
Content & Social Media, Pencil & Monk, Chennai
Thank you very much for the wonderful feature & I really like the layout of the entire project.
Thank you so much for giving the opportunity of publishing our work in Surfaces Reporter.
Ar Yatin Kavaiya
Neha Dhuri
Partner, Usine Studio, Vadodara
Thank you so much for the article ! It was beautifully written and we really appreciate the time & effort you have spent on the article. Ar Juhi Patel
Principal Architect, Yellow Door Architects, Bengaluru
Principal Interior Designer, The 7th Corner Interior, Mumbai
I extend my gratitude for publishing the project. Ar Roopakala D S
Proprietor and Principal Architect, RR Architects & Associates, Bengaluru
Thank you for the lovely feature of the project. Looking forward to sharing more projects with you in the near future. Rachna Agarwal Founder Partner & Design Ideator, Studio IAAD, Gurugram
We acknowledge and are delighted with our work being featured in Surfaces Reporter Magazine. We are grateful for this opportunity and are looking forward to having many more collaborations in the future. Ar. Shantanu Mishra Salankar Pashine & Associates, Pune
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Surfaces Reporter | COVER STORY
LINK-BNK
A venture into luxury interiors by
NEELAM KOTHARI SONI & BEHZAD KHARAS BNK Group, one of India’s wellestablished architecture group has collaborated with Actress & Jewellery Designer Neelam Kothari Soni to create a marvel on the 49th floor sky apartment at one of India’s highest residences, One Avighna.
The lavish apartments is the maiden venture of Neelam Kothari Soni in the field of interior design who, from now on, will lent her design expertise for the newly launched company LINK BNK, which showcases celebrity designed spaces. In this special story, SURFACES REPORTER (SR) covers the minute aspects of the latest launched residences and features exclusive conversations with Neelam Kothari Soni and Behzad Kharas.
Material of Substance
SR Spotlight