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Infrastructure In 2020
Year of the PandemIc
In a year when challenges spanning the key M’s of management—men, materials, money,
markets—have left many struggling to get any work done, CW explores how the other M’s,
namely, machines and methods, have helped players across various infrastructure...18
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CONTENTS
18 COVER STORY
INFRASTRUCTURE IN THE
YEAR OF THE PANDEMIC
Where do fund diversions to contain
COVID-19 leave India’s infrastructure
development story? How can
infrastructure be developed more
sustainably, in a way that generates
badly needed jobs?
GUEST ARTICLE
14 CURRENT AFFAIRS
• S
timulus for construction, infrastructure
40 Connected Construction
The use of technology such as BIM will
and real estate. hasten the adoption of sustainable buildings
in India, writes Paul Wallett, Regional
• Kolkata Metro’s East-West Corridor project Director, Middle East and India, Trimble.
kicks off.
• H
omebuyers have the right to choose MATERIAL ADVANTAGE
between RERA and Consumer Forum.
• J SW Infrastructure completes acquisition 36 Construction Chemistry
Dr Dinakar Pasla, Associate Professor,
of Chettinad Group’s port business. Indian Institute of Technology –
Bhubaneswar, discusses the development
• A
dani takes over Ahmedabad airport for
and applications of geopolymer concrete.
50 years.
INTERACTIONS
SPECIAL PROJECT 32 “A number of “Unitechs” have
28 Span of Success
L&T has completed the construction of the
happened earlier that led to
the enactment of RERA.”
Durgam Cheruvu cable-stay bridge in
Yudhvir Singh Malik, Chairperson and
Hyderabad, the world’s longest precast
Managing Director, Unitech
segmental span of 233.85-m in concrete on a
48
cable-stay bridge.
“Once the key team members
realised they were part of a
project that would catapult
us to a new league, the rest
followed.”
Sudhanshu Mani, Retd. GM, Indian
Railways Independent Consultant
CONTENTS
PROJECT UPDATE
70 Project Update 82 Cement Update 88 Upcoming Projects 102 Property Rates
74 Transport Update 84 Smart Cities Update 97 Tenders 106 Building Material Prices
78 Power Update 86 Equipment Update
100 Contracts Awarded
80 Real Estate Update
FEATURE
healthier interiors.
Photo courtesy: DCJ Group
(Encraft)
GUEST ARTICLE
Glazing &
Type
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Hardware
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Recommended for P6B as per EN356
LSB 1
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Recommended for P7B as per EN356 Recommended for RC2 and RC3
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EDITOR'S NOTE
WHY INDIA’S GDP IS LEAKING!
India has a leaking bucket. So even
while the economy grows, it is unable
to benefit from the growth as our
resources so added are not deployed Construction World
efficiently. Our second quarter results www.ConstructionWorld.in
indicate that the economy shrank by
7.5 per cent as we unlocked our cities.
One of the holes in the bucket is
created by the banking sector. Between
FY09 and FY19, the Government Founder & Editor-in-Chief
infused `3.15 trillion in public-sector Pratap Padode
banks. The Union Budget 2019 further
provided for a `700 billion provision to Group Managing Editor
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carrying non-performing assets (NPAs)
of `7.27 trillion. While moratorium and Group Executive Editor – Construction &
loan restructuring will cause a pause in Government’s 51 per cent stake for Infrastructure Group
the ever-increasing numbers in the NPA cash. The second highest divestment Shashidhar Nanjundaiah
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basket, there will a fresh round of was in 2018-19 of `80 billion. So, while
recapitalisation very soon. Every year, FY 2018 and FY 2019 did send out a
Press Releases
the taxpayers fund `2 trillion of NPAs of good signal for divestment, FY 2020
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banks according to some estimates. RBI has slipped. A recent respite has come
data shows that Indian banks wrote off in the form of the BPCL disinvestment,
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terminal; and one with the newly developed coal ambition of achieving port capacity that can handle
and bulk commodity terminal at New Mangalore Port 200 mt of cargo by 2022. At present, several ports run by
Trust (NMPT). The cargo terminals that have been JSW Infrastructure have a capacity of over 100 mt. This
acquired include a 10 million tonne (mt) common includes ports based in Jaigarh and Dharamtar
user handling terminal and a 2 mt multi-cargo (Maharashtra); Paradip (Odisha); and Goa. They have
terminal based in Kamarajar Port. Further, a 10 mt handled a combined capacity of 70 mt of cargo in 2020.
common user coal terminal situated at NMPT has Of this, 90 per cent was the group’s captive cargo. JSW
also been acquired. Infrastructure intends to have a 50:50 mix of captive and
third-party cargo by the end of 2025.
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COVER STORY
Infrastructure in the
Year of the Pandemic
Where do fund diversions to contain COVID-19 leave India’s infrastructure
development story? How can infrastructure be developed more
sustainably, in a way that generates badly needed jobs?
The Center for Strategic & Then COVID-19 struck and poverty, unemployment, breakdown
International Studies (CSIS), a Indo-Pacific countries that of supply chains and services, and
US think-tank, recently observed particularly struggled to contain the struggling SMEs. “Much of this
that economic trends in the Indo- pandemic, such as India and the cutback on infrastructure investment
Pacific prior to the pandemic Philippines, had to put infrastructure has happened at the level of
forecast, among other things, development projects on hold in states,” observes Dr Pronab Sen,
showed a heightened focus on order to address the immediate Country Director for the India
closing the infrastructure gap. impacts of the crisis: health, Programme of the International
QUICK BYTES
• The infrastructure industry
makes up 6 per cent
of the global GDP and
workforce.
COVER STORY
AIRPORTS
“We invested in automation which we had earlier
thought was too expensive.”
“Our work did not qualify as ‘essential’ during the Now that labour is returning and
COVID-19 lockdown, so our work came to a standstill the monsoon is over, the company’s
until June,” says Dr Milind Deshpande, Chairman work has resumed in earnest but
and Managing Director, Vishal Infrastructure, which Deshpande expects it will take
is implementing a cargo hub at the new international another two months for the situation
airport in Bengaluru; runways in Ranchi, Jabalpur to normalise.
and Kolkata; and has just been awarded the With regard to the flow of work,
Chauba airport runway. The company has recently as the privatisation of airports is on
completed a runway extension in Vellore and air side the cards, the Airports Authority of Dr Milind
Deshpande
works in Madurai. India (AAI) is going slow on some
“By June, the monsoon had set in and we had to projects, observes Deshpande.
contend with poor weather conditions,” continues “Other tenders are coming out and contracts are being
Deshpande. “Mobilising labour was another key awarded but it remains to be seen whether payments
challenge, especially in Bengaluru and Kolkata, where are made promptly. So far, some payments have come
migrant workers got the opportunity to travel home.” through but with airports working at barely 10-25 per
To tide over the labour scarcity, Vishal Infrastructure cent capacity, we hope other payments are timely.
invested in automation which, interestingly, “we had Unlike roads and rail, the AAI does not have a minister
earlier thought was too expensive”, to quote at the helm to push through project payment
Deshpande. “For instance, we were using labour to mechanism and other reforms; that is a constraint.”
feed and segregate material in the asphalt plant, which Deshpande also notes that though the Government
we have now automated. We were using labour for has given contractors time extensions and returned
runway markings but are now using machines for the bank guarantees for the value of work already
job. Demolition is another task we are now doing completed to ease their cash flow, faster decision-
mechanically. Also, wherever possible, we are focusing making would help make up for the time lost to the
on upskilling and redeploying labour, especially those pandemic. “For instance, labour security clearances
with some basic education, as plant operators, drivers used to take two days; now, they take 21. These and
and so on.” other procedural inefficiencies could be weeded out.”
AIRPORT INFRASTRUCTURE
(COVID EFFECT)
PORTS
“Essar Ports was able to ensure minimum human
intervention through our mechanised facilities.”
Demand supply mismatches impacted shipping quick owing to increased demand
volumes initially, the lockdown impacted cargo and from the power, steel, mining and oil
manpower movement, and social distancing with sectors,” shares Agarwal. “However,
enhanced safety checks impacted productivity, says the overall revival in cargo volumes
Rajiv Agarwal, CEO and Managing Director, and the sector will wholly depend on
Essar Ports, elucidating the three key challenges faced how quick the demand and actual
by the ports sector. consumption meet the gap.”
These constraints impacted costs and revenues, For FY 2021, Agarwal expects to Rajiv Agarwal
built up inventory at jetties, and delayed ongoing report similar numbers as FY 2020
projects. when the company registered a growth of about
Eventually, some restrictions were lifted and the 23.5 per cent in cargo throughput.
Indian ports sector regained momentum and observed “Adapting, mechanisation and innovating with
a spike in traffic. After an initial dip in April 2020, state-of-the-art operations was the biggest opportunity
Essar Ports has seen terminals along the western and of 2020,” says Agarwal. “Essar Ports was able to
eastern coasts come back to pre-COVID level ensure minimum human intervention through our
performances. For the six months ended September mechanised facilities. Digitisation has eased working
30, 2020, the company recorded revenue for and led the change. Going forward, it will be the way
23.8 million tonne of cargo. “The recovery has been we conduct business.”
RAIL
“Initial supply chain challenges were overcome through
our vast vendor network.”
Tata Projects, along with its consortium partners, is facemasks, sanitisers and washing
executing five important packages of the Eastern facilities; providing temporary
Dedicated Freight Corridor and two packages of the housing and food arrangements at
Western Dedicated Freight Corridor. When the project sites; and deploying trained
pandemic caused sudden disruptions nationwide, medical personnel at project sites
Tata Projects faced some labour shortage issues and helped build trust in the company
pressure on its supply chain system, shares Vinayak and this, in turn, helped bring back
Deshpande, Managing Director, Tata Projects. workers to worksites, continues Vinayak
“We overcame the challenges posed by labour Deshpande. “After conforming to Deshpande
issues by using automated track-laying machines to various governmental directives, we
build the freight rail line,” he says. “Our highly have commenced work at most of our project sites that
automated track-laying machine has minimised the are located outside containment zones.”
need for labour and delivered very high productivity. As for the initial supply chain challenges, these were
Such automated systems are the answer to overcoming overcome “through our vast vendor network and
challenges. In addition, more cranes and other long-term relationships with various suppliers, which
equipment were deployed to ensure that work ensured that materials and supplies were quickly
continues unabated.” provided at worksites so that work continued without
Worker welfare initiatives such as providing any delay.”
PoRts Maharashtra, Goa, Kerala, Vadhavan Port as well as building dryports at Nashik,
Number of projects: 58 Tamil Nadu, Andhra Pradesh, Wardha and Jalna
NIP capex over 5 years Karnataka, Odisha
US$ billion: 16.2
aiRPoRts Maharashtra, Goa, Gujarat, New airports at Navi Mumbai, Mopa (Goa), Jewar, Itanagar,
Number of projects: 58 Kerala, Tamil Nadu, Uttar Bhogapuram, Dholera (Gujarat), Agatti and Rajkot; modernization
NIP capex over 5 years Pradesh, Chhattisgarh and expansion of airports across metro’s in India
US$ billion: 19.1
www.ConstructionWorld.in
INVESTMENT IN
(1X) = INFRASTRUCTURE
INFRASTRUCTURE
METROS
not able to capture the true value with the structuring and phasing of Government investment in
that their infrastructure project the infrastructure project. This dual infrastructure has an annual
generates. Rail and metro focus would create a flow of funds multiplier effect of 0.4 to 2.2 times
authorities, the National Highways that would enable agencies to plan on the GDP. Infrastructure can help
Authority of India (NHAI), and other their next projects.” generate at least 10,000 jobs for
PSUs in this space should be able to A resumed focus on every $1 billion invested.
significantly earn from monetising infrastructure is expected to help However, “job generation from
their land bank and creating alleviate the current state of mass infrastructure investments depends
long-term, revenue-generating joblessness. Infrastructure is a on the kinds of projects taken up,”
assets on their lands in partnership powerful catalyst for socioeconomic points out Dr Sen. “Smaller projects
with the private sector. Alternative development. The infrastructure such as rural roads, residential
sources of revenue must become industry per se makes up 6 per cent housing, small and medium
part of project development along of the global GDP and workforce. irrigation, etc, tend to be labour-
ROADS
“Digital technologies (drone surveys) were used to
monitor the progress of work.”
“Skilled labour shortages, staff movement used to hold virtual meetings to
restrictions, restricted working hours and supply chain discuss concerns with all the
disruptions were our biggest challenges,” shares Sanjay stakeholders, including clients, and
Londhe, Director & CEO, Projects, Ashoka Buildcon. fast-track the identification of
“Skilled labour shortages in Gujarat and Karnataka solutions. For instance, in six-laning
were overcome by effectively deploying locally available the 40-km stretch between
labour and air-transporting skilled labour and other Khairatunda and Barwa Adda on the
staff from various parts of the country,” explains NH-2 in Jharkhand, 10-km was Sanjay Londhe
Londhe. “Early on, supply chain issues were overcome obstructed. With the support of the
by consuming earlier stock and extra material. local administration, we were able to make available
Thereafter, some materials and machinery parts were the obstructed part for early completion.”
bought at higher rates to ensure work continuity and “Relief granted by the Government of India under
the construction schedule and method were augmented the Atmanirbhar Bharat programme, payments made
to work with the available materials. These measures on the progressive basis instead of the milestone basis,
entail effective risk management skills and planning. was effectively availed, which helped maintain the
Throughout, we enforced the 6-Ss: self-declaration, company’s cash flow,” continues Londhe. He attests to
safety, self-isolation, social-distancing, sanitisation, working at more than 90 per cent of the previous year’s
self-discipline.” performance level and expects to surpass this
“Digital technologies (drone surveys) were used to performance level as a result of the Central
monitor the progress of work and understand difficulties Government’s continued push for road infrastructure
at the field level and, thereafter, digital platforms were and adequate work.
MINING
Recovery Expected
WAREHOUSING
“We launched a Tenant Communication App for easier
and faster communication with customers.”
“As warehousing managers, our challenge and FY 2021. We are confident of
priority since the beginning of the pandemic have been future growth because India is
to ensure seamless operations of all our industrial and one of the largest consumption
logistics parks for clients,” says Rajesh Jaggi, markets in the world, which will
Vice-Chairman, Real Estate, Everstone Group. grow the requirement for storage
“We revisited our hygiene and safety standards and and warehousing, and we are
processes, partnering with CBRE, Deloitte and Microsoft well positioned to provide world-
for new standardised operating procedures, and class warehousing and industrial
equipped our parks with appropriate sanitisation parks infrastructure.” Rajesh Jaggi
and virus protection protocols [masks, daily Jaggi believes organised
temperature checks, disinfection of private and national-level players will have an edge over the
transportation vehicles].” unorganised sector as tenants will look for the highest
“We informed our tenants about our international degree of hygiene and safety standards. And bigger
standards and assured them about the preventive players will be able to take forward the ongoing
measures in place,” he adds. “In fact, we launched a conscious shift towards the technological advancement,
Tenant Communication App for easier and faster modernisation and optimisation of warehousing
communication with customers.” operations and the development of Grade-A
“As warehouse developers, material procurement acilities and infrastructure. If COVID-19 persists for a
and labour issues were the biggest disruptions to work,” longer period, Jaggi sees companies adopting
continues Jaggi. “Consequently, we have seen some technology faster, which may have a long-term impact
delays in project deliveries in Q2 and Q3.” on human interventions.
That said, the future outlook seems positive, He would like the Government to make policy-level
he believes. “Some industry reports have forecast decisions to cope with the variable demand-supply
good recovery after Q4 2020 and a pick-up in H2 of metric post COVID-19.
intensive, and should be prioritised “What we need is strong lead the rebound. Meanwhile, he
to generate jobs. Larger collaboration between the Centre, expects India’s unique ability for
infrastructure projects, such as which has funds, and states. So far, frugal innovation and jugaad to
highways, power plants and we have seen some increase in help tide over the current crisis.
high-speed rail, which are vital to funds allocated to NREGA but no Indeed! In a year when
continue the growth process, increased allocations to other challenges spanning the key Ms of
necessitate the greater use of employment-generating schemes management—men, materials,
technology for timely completion like the Gram Sadak Yojna or money, markets—left many
and do not generate employment at micro-irrigation projects.” struggling to get any work done at
the same scale. As infrastructure has KPMG has predicted that all, leaders of companies engaged
value only when it is ready to infrastructure is set for a big leap across key infrastructure sectors told
facilitate economic activity, adhering after the pandemic recedes. George CW that other Ms, namely,
to timelines is essential.” expects India’s transition to machines and methods, helped
The challenge is, smaller renewable energy, the creation of them get ahead despite the
infrastructure projects typically lie in modern urban infrastructure, pandemic.
the domain of states, which are farm-to-market and transport
- CHARU BAHRI
short of funds, as Dr Sen says. logistics, and domestic aviation to
To share your views, write in at feedback@ConstructionWorld.in
SPAN OF SUCCESS
L&T has completed the construction of the Durgam Cheruvu cable-stay bridge in
Hyderabad, the world’s longest precast segmental span of 233.85-m in concrete on a
cable-stay bridge.
Hyderabad certainly has reason to Development Industries, IT&C,
celebrate! The newly constructed Telangana, the construction of the
Durgam Cheruvu cable-stay bridge bridge was completed by Larsen &
eases traffic and reduces commute Toubro (L&T) and it was dedicated
time. What’s more, it has set a to the people of the city.
record for being the world’s longest “Our association with this young
precast segmental span of state of Telangana has been rich
233.85-m in concrete on a cable- and we are proud to have delivered
stay bridge. Constructed under yet another pearl to the City of
Telangana’s Strategic Road Pearls,” says SN Subrahmanyan,
Development Programme, and Chief Executive Officer &
SN Subrahmanyan,
recently inaugurated by KT Rama Managing Director, Larsen & Chief Executive Officer & Managing
Rao, Minister of Municipal Toubro. “Infrastructure development Director, Larsen & Toubro
Administration & Urban should ultimately improve the
life of citizens and this bridge will tensile strand, 26,600 cu m of towards HITEC City. Studies have
certainly improve connectivity concrete, 4,800 mt of steel and revealed that the average time
within the city of Hyderabad 287 mt of stay cables. We are taken to reach the ITC Junction from
manifold. We are also grateful to happy we delivered the project in Jubilee Hills (Road No. 45) is
the Telangana government for time even during these unprecedent anywhere between 25 minutes and
having reposed their faith in us times of the pandemic.” 30 minutes. The Durgam Cheruvu
once again to deliver world-class While the entire bridge with bridge will reduce commute time
infrastructure once again. And we its approaches at both ends is from Jubilee Hills to Madhapur from
are happy to have delivered to their 764.38 m, the cable-stayed bridge 30 minutes to a mere 10 minutes
complete satisfaction.” portion is 435-m long and 25.8-m and the distance from Mind Space
Speaking on the USP of the wide with a total of 52 stay cables. to Jubilee Hills by 2 km.
bridge, SV Desai, Whole-Time The 53 CC (cement concrete)
Director & Senior Executive segments of the bridge are Why an extradosed cable-stay
Vice-President (Civil supported by stay cables sourced bridge?
Infrastructure), L&T, elaborates, “It from Germany. The approach An extradosed bridge is a cross
has the world’s longest precast viaduct and solid ramps are between a girder and a conventional
segmental span of 233.85-m in 309.8-m long with 1.8-m wide cable-stayed bridge, wherein the
concrete for a cable stay bridge. We footpaths on both sides. deck is directly supported by the
have constructed it despite extremely Hyderabad is another Indian pylon and the tension of the cables
challenging conditions and terrain metro notorious for its traffic and acts more to support it vertically. The
using a total of 428 mt of high- this bridge will ease traffic flow cable stay acts as a prestressing
SPECIAL PROJECT
The bridge will reduce commute time from Jubilee Hills to Madhapur from 30 minutes to a mere 10 minutes.
cable for the concrete deck. Hence, Speedy construction transporting the huge precast
the deck is comparatively thinner The precast segments were made elements from the casting yard
and the span length more in an ready by the time the anchor spans through the busy, round-the-clock
extradosed bridge. Precast were casted in-situ, which speeded traffic near the site and erecting
engineering has significantly reduced up construction. Precast segments them at site. A unique aspect of
execution time and costs. of 3.5-m length and weighing the project was the casting yard
155 tonne were cast or fabricated that was synchronised with a
The world’s longest precast in a casting yard and transported load-out jetty that substantially
segmental span to site for erection while the derrick reduced cycle time.
The bridge has the world’s crane was designed and fabricated The bridge is equipped with
longest precast segmental span by L&T. aesthetically pleasing, first-of-its-
of 233.85-m in concrete for a kind carriageway lighting and will
cable-stay bridge. Although Challenging conditions and be a major recreational and tourist
extradosed bridges are commonly terrain attraction for citizens with its
constructed using the balanced The bridge has been constructed specially designed footpath. Apart
cantilever erection method, in this in extremely challenging conditions from the cables and the lighting
case, a back span was constructed and terrain with a lot of the work system, everything else has been
with complete staging from the happening at 20-m above ground sourced from India making this
ground and then the main span or above water. Executed within bridge a shining example of the
was constructed by cantilever contractual stipulations, the 4.7-m ‘Make in India’ movement.
erection with precast segment using depth of the precast elements was a
- SHRIYAL SETHUMADHAVAN
a derrick crane. challenge as was the task of
Know of a landmark project? Write in at feedback@ConstructionWorld.in
`50 billion (as per initial cost nor will the company charge any land assets, what is material is their
estimates) to complete the residential interest on the defaulted amount till realisable value, not their book
units sold to the homebuyers, the the cut-off date. Homebuyers have value. A major part of the readily
company has huge amounts to appreciate that the newly monetisable and value stock has
payable to authorities like Noida appointed Board has proposed a been charged to banks or financial
and Greater Noida towards unpaid holistic resolution framework and institutions and asset reconstruction
dues (claimed amount of about tried to be most considerate to those companies. Some encumbrance-
`85 billion); the Haryana who have suffered. Despite 10 to 12 free land parcels have already
government (claimed amount of years having elapsed since the units been monetised through the
about `7.75 billion towards external were booked, the Board has Justice Dhingra Committee
development charges, infrastructure proposed to complete and deliver appointed by the Supreme Court,
development charges and license them for the same booking price, the proceeds from which have
renewal fees); banks and financial implying that all the escalations over been deposited in the Supreme
institutions (estimated amount of the period are proposed to be Court Registry. We have started the
about `55 billion including interest); borne by the company from other ‘due diligence’ process for the
fixed deposit holders (about sources. Given this proposal, the remaining land assets but it would
`9.54 billion including interest); timely payment of the balance be an overstatement to expect that
employees for their salaries and receivable by homebuyers is critical kind of money (`60 billion) from
their provident fund payments for to help maintain the required cash those sales. In most cases, the book
about five years; tax deducted at flow for uninterrupted construction. value appears to be overstated
source pending deposit; and In fact, even those cash inflows are compared to the realisable value.
vendors and contractors (about not likely to meet the payment The disposal of some land assets
`6 billion). The Board held the view obligations arising on account of that are not contiguous (like 244
that, as directed by the Supreme construction, for which the company acre in Varanasi and 246 acre in
Court, the rights of homebuyers had will have to arrange additional Agra), or which do not have
to be seen as way superior to all priority financing and proper access, seems extremely
other stakeholders. As such, all simultaneously monetise other challenging. We have dealt with
stakeholders, including the non-project assets. this subject adequately in the
homebuyers (in terms of foregoing resolution framework.
any delayed interest and penalties), Do you propose to dispose of
would have to take haircuts of Unitech’s unsold inventory, Why aren’t you giving homebuyers
varying amounts. Banks and supposedly worth `30 billion, the choice to opt out and get their
financial institutions, though secured and another `60 billion worth money refunded?
creditors, would also have to take of land? Some homebuyers seeking
considerable haircuts, almost on the The Board has taken cognisance refunds have had a decree or other
same lines as they do in one-time of unsold inventory of about 4,000 order issued in their favour by a
settlements in the case of non- units, although this number would court or other authority. The
performing assets (NPAs). It has to also vary depending on how many available information shows that the
be appreciated that this is an homebuyers are adjusted through Amicus Curiae has, on the
extraordinary situation that calls for migration and how many are finally directions of the Supreme Court,
extraordinary solutions. Otherwise, it directed to be refunded. This already refunded the full principal
will not be possible to resolve inventory would become saleable amount of `1.017 billion to 391
various issues. only when it is completed alongside homebuyers, though none of those
Coming to the homebuyers, as the sold stock. So, there will be a have returned the title papers or
against the `50 billion initial cost mismatch in its sale and the cash NOCs with respect to those units in
estimates for the completion of all flow requirement. However, the spite of the directions of the Court in
the units, the balance receivable proceeds from this unsold stock will this behalf. Further, about
from them is about `32 billion, very much be a part of the cash flow `1.21 billion has been released
payable as per a revised payment management as detailed in the towards partial refunds (about
plan. We have proposed that the resolution framework to meet 14 per cent) of the principal
company will not pay any delayed construction or completion costs. amounts in favour of about another
penalties or interest to homebuyers, With regard to other non-project 1,100 homebuyers. The payment of
the full principal amount in these the actions of the promoters and subject to the outcome of the
partial refund cases would entail an erstwhile management in any litigation. A company called I-City
outgo of about `4.5 billion. If this manner, including in relation to Infrastructure (India) had claims on
amount were also to be refunded, it taking unmanageable and the land. I ask you: Which bank or
would be out of the same corpus unconscionable risks or alleged financial institution would finance
proposed to be used for the siphoning off of funds, making such a project? It would cease to be
commencement of the completion misrepresentations to homebuyers a bankable project from Day 1.
of projects, thus having a major and other stakeholders etc, it Thereafter, the National Green
adverse impact on the cash flow. It appears to the Board that the delays Tribunal imposed a ban on all
has been proposed that such in construction and delivery of units construction activity for two years
homebuyers should accept delivery in several situations have also been (September 2013 to August 2015)
of their current allotment because caused due to factors outside the because the said land fell within
we have only one kitty to complete control of the Unitech Group, 10-km of the Okhla Bird Sanctuary.
the backlog. If we use it to refund including acts and omissions of Rules mandated each state to notify
monies and defray other liabilities, the boundaries of eco-sensitive
the Board will not have the cash zones around national parks or
flow needed for construction. sanctuaries by a given date, failing
Homebuyers, who have already We have proposed which the limit would extend to an
been given part refund of their that the company will area of 10-km around their
principal amounts would be not pay any delayed boundaries. The state took two
required to return the refunded years to notify its boundaries, in the
amount within 60 days of the penalties or interest to said instance restricting the buffer
acceptance date, failing which they homebuyers, nor will area up to only 100-m. The
would be deemed to have foregone developer could not have done
their allotment and the Unitech
the company charge anything during this period. Why
Group would be entitled to include any interest on the should the developer pay
such units for further sale, free of defaulted amount till the instalments, lease money, interest
any encumbrance. It has been and penal interest for those two
proposed that such homebuyers cut-off date. years? We have set out all the
shall be refunded the remaining reasons in the resolution framework
part of their principal paid-up as well as how much we believe is
amount from the final surplus authorities and governments. payable by the company.
after the construction and delivery If you take the situation in Noida Unitech also faced delays in
of all the homes. and Greater Noida, all of Unitech’s getting approvals of layouts and
land was bought through an open building plans, and unreasonable
Estimates suggest that Unitech bid process. It isn’t as if the land demands for the payment of
owes the Noida Authority around was allotted. The authority invited compensation to farmers. If a
`80 billion, of which `50 billion bids for prime land in sectors 96, developer pays well above the
is in interest and penalties. 97 and 98, land which accounts reserve price for land, as it had for
Banks have to be paid around for “major defaults”, to quote the the land in sectors 96 to 98 and
`50 billion, with interest Noida authority. Unitech Group also for land in sectors 113 (highest
accounting for 40 per cent of the offered a bid price of bid price of `3.7804 billion against
amount. Apparently, the Board `15.8284 billion for that land the reserve price of `2.5997 billion)
wants a `50 billion interest and against a reserve price of and 117 (`5.0343 billion as against
penalty waiver from the Noida `7.8868 billion. Thus, its purchase the reserve price of `3.4620 billion),
Authority and banks. What price was slightly more than double we believe any additional
justification do you put out for this the reserve price. compensation to farmers is payable
waiver? Why should they agree? After the bidding, the lease by the authority, especially when no
Doesn’t it set a bad example? agreement for the land sprang a such condition was laid down in the
It has been highlighted multiple surprise. It said that there were lease deeds.
times in the proposed resolution litigations on the land and that the As for banks and financial
framework that, without condoning title (lease) of the land would be institutions, given the peculiar
situation and the fact that most because of successive lockdowns construction of all of those starts
accounts have become NPAs, the due to Covid-19. We faced a very simultaneously, we plan to deliver
normal practice in the banking complex and multidimensional about 2,500 units within the first
industry in the case of NPAs is to go legacy, which had to be addressed year, about 6,500 units in the
in for one-time settlements wherein holistically. We filed the resolution second year, about 5,000 units in
the payment obligations are settled framework on July 16, 2020. the third year, and the balance units
at 60 to 70 per cent of the principal Thereafter, we have also been in the fourth year. These are
amount, foregoing all interest. waiting for the Supreme Court to somewhat aggressive timelines but
However, a final resolution on these find time to consider it. appear to be achievable unless we
liabilities will depend on how the A total of 14,980 sold units are face some unforeseen conditions
Supreme Court views the proposals. pending delivery and another 4,000 (like COVID-19) or stoppage of
unsold units in those projects are construction activities for certain
A Supreme Court-ordered forensic pending completion. In all, we have periods due to environmental
audit in 2018 found that Unitech to complete about 19,000 units. In constraints, etc.
had collected `142.7 billion the resolution framework, we have
from homebuyers between 2006 proposed that it will take at least six What measures would you
and 2014 and `18.05 billion months after we get a ‘go ahead’ propose to ensure that another
from six financial institutions for ‘Unitech’ does not happen?
74 projects. What measures have A number of ‘Unitechs’ have
been taken to get back happened earlier that led to the
this money? It appears to the enactment of the Real Estate
It is difficult to comment on this. Board that the delays (Regulation and Development) Act,
The forensic audit report has not 2016 (RERA) and the establishment
been shared with the new
in construction and of authorities thereunder. It is
management. Most of the issues delivery of units in several expected that necessary checks will
emerging from the forensic audit, as situations have also been be in place wherever RERAs have
also mentioned in the Supreme been instituted and become
Court order dated December 18, caused due to factors operational.
2019, are a subject matter of outside the control of the In fact, although it has been
investigation by agencies. Any mentioned that Unitech’s pending
outcome would largely depend on
Unitech Group, including projects are old, preceding RERA,
the steps to be taken by such acts and omissions and hence we have asked for
investigating agencies and the of authorities and certain exemptions from RERA,
disgorgement proceedings, if any. this Board has also committed
governments. that the balance receivables from
Homebuyers are becoming restive homebuyers will go into a specified
as there is hardly any progress project account and 70 per cent of
on ground since January 20, from the Supreme Court to that money will be applied only to
2020, when the Supreme Court complete the process of award of complete the project. We don’t
ordered the appointment of an contracts and site mobilisation by intend to use any money from those
independent Board of Directors. the contractors before construction project-specific accounts except to
They have started murmuring that work is resumed at project sites. meet operational expenses of an
the newly appointed management Thereafter, we have proposed a ongoing concern, until we complete
is also not moving at the desired timeframe of 48 months to deliver the project. Thereafter, the balance
or expected pace. When will the units. can be utilised for the completion
Unitech’s homebuyers get their Assuming that the required funds of the deficit projects as well as to
booked flats? for completion and working capital meet obligations towards other
We can understand their being are available, approvals from the stakeholders in accordance with
restive. However, please understand regulatory authorities are made the proposed final surplus
that the new Board could not submit available on time (where required), distribution waterfall.
the resolution framework within a and the court order is received for
- CHARU BAHRI
period of two months as directed all the pending projects so that
To share your views, write in at feedback@ConstructionWorld.in
Construction Chemistry
DR DINAKAR PASLA discusses the development and applications of geopolymer concrete.
were laid down with all necessary kind of capital expenditure have How have labour and material
measures for social distancing and you planned for this financial costs affected your company this
hygiene around the clock to combat year? year?
the pandemic at project sites, which Having one’s own fleet always Owing to the ban by the Central
helped us hold back the labour gives you an upper hand as control Government and different state
workforce. We have always had is inhouse and dependency is authorities on commercial activities
huge, well-maintained camps and minimised—for instance, for and movement, there was
facilities for labour. These camps roadworks, earthmoving equipment undoubtedly an acute crisis of
helped keep the progress of projects plays a crucial role in quick labour and the livelihood of
on track even during the lockdown execution. Total dependence on workers got affected too. The
as most manpower was deployed rental or hire machinery obstructs construction industry being labour-
from the project site camp; thus, no the timely execution of a project. As intensive, there has been a
disruption occurred. Coronavirus the supply chain got affected in the substantial increase in material and
awareness campaigns were pandemic, it could have been a costs owing to shortage of
regularly carried out across our mammoth task to execute projects production as demand tends to
project sites as an integral part of and get things under control. rise—this has been noticed in
our labour welfare policy. Capital expenditure is somewhat every nook and corner of the
directly proportional to the order industry. Further, these factors
How has owning your own book and topline projected for the have not only affected individuals
equipment fleet benefited you year; it constitutes between 5 per and organisations but also lives
during these tough times? What cent and 10 per cent. across the nation.
To share your views, write in at feedback@ConstructionWorld.in
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Connected Construction
The use of technology such as BIM will hasten the adoption of sustainable
buildings in India, writes PAUL WALLETT.
India is undergoing urbanisation at plan and design our upcoming reduce its greenhouse emissions by
a pace seldom seen before in cities and buildings keeping 33-35 per cent by 2030, as part of
history. Our country already has the sustainability as a principal goal, in the Paris Agreement.
world’s second highest urban order to provide occupants with a
population at over 410 million and superior quality of life. The change is not possible
is further projected to double its size Given this background, the need without digitalisation
and add 416 million new people to to design and build sustainable Our country’s response to the
its urban population by 2050. habitats that ensure efficient use of challenges of rapid urbanisation is
Clearly, we need to add new materials, water, energy and other being closely watched around the
urban infrastructure at a resources has never been as world, as it is likely to provide a
breakthrough, unprecedented pace pronounced as it is now. A blueprint for similar challenges
if we are to accommodate this sustainable habitat would also other developing countries will face
massive urban expansion. As a minimise the depletion of nature in the years to come. In September
McKinsey report said about a and the generation of non- 2020, the International Finance
decade ago, 70-80 per cent of degradable waste. In fact, India Corporation announced its intention
India of 2030 is yet to be built, and should attach greater importance to to provide $2 trillion to India to
we still have a long way to go. constructing high-performing green develop green buildings among
Given that 40 per cent of the buildings, as certified green other infrastructure projects, which
country’s population will eventually buildings can deliver energy savings will provide the needed impetus to
be urban and, therefore, dependent between 20-30 per cent and water drive change.
on its urban infrastructure in the savings of up to 30-50 per cent. The Government, at both the
next 10 years, we have both a rare This assumes further significance in central and state level, has made an
opportunity and an obligation to light of India’s stated commitment to equally concerted push in recent
years to develop new urban construction workflow to really after construction. This ensures the
infrastructure, with initiatives like the make an impact by the time a usage of most environmentally
smart cities mission, Pradhan Mantri project is completed. Every single responsible materials and methods,
Awas Yojana (PMAY) and AMRUT. stakeholder of a project—from the while minimising waste and
What we need now are structural building’s owner to its architects, excesses through better planning.
and policy-level changes, including structural engineers, general or MEP During the design and
incentives for the development of contractors—can and must construction phase, BIM results in
high-performing green buildings at contribute to achieving the project’s 3D virtual prototypes that can be
the domestic level to kickstart the sustainability targets. easily shared and used for real-time
green revolution in the construction One of the most effective ways to collaboration and simulation to test
sector, with technology achieve sustainable workflows is both the logic and sequence of
underpinning this change. through adoption of data-driven construction. From estimating and
A study conducted by Ireland- construction and connected take-off to layout and ongoing
based Johnson Controls Building construction, with an information- project management, every step
Technologies and Solutions suggests rich (constructible) building in the design and construction
that only 4 per cent of buildings in information model (BIM) acting as workflow is reviewed and enhanced
India are ‘green’, and that lack of the core blueprint for the project. to the extent that BIM technology is
technical expertise to execute Connected construction gives all integrated. Even once the project is
projects and technology adoption stakeholders the necessary levels of completed and being occupied,
remains a barrier to growth. To visibility to collaborate more BIM offers a wealth of operational
hasten our journey towards a efficiently across the project data and information that can be
sustainable future, radical measures lifecycle, leading to increased passed along to the building owner
need to be taken. And the change productivity across the supply chain and manager, improving their
can only happen by embracing by streamlining operations and ability to run the building at its
modern and sustainable preventing delays. maximum potential.
construction techniques such as By providing a single information
connected construction, which Every single stakeholder of a database on the entire construction
make use of digital tools that cycle, BIM allows all stakeholders to
project must contribute to
optimise workflows at every stage stay fully on top of the ecological
achieving the project’s
of construction. impact and address pain points to
sustainability targets. avoid an unnecessary ecological
Sustainable building at every footprint. Every step of the process
stage Constructible BIM improves where BIM saves time, improves
The first goal of sustainable workflows and saves money; its efficiency, enhances design and
construction is to minimise the practices also reduce the burden reduces errors provides a
usage and eventual wastage of on our environment. Individual quantifiable opportunity for the
resources across the project solutions, in fact, are not quite building’s lifelong environmental
lifecycle. Using sustainable enough; sustainability needs to impact to be reduced. In this
construction technologies, saturate the entire construction respect, BIM thoroughly supports the
construction engineers are today process and that can be entire philosophy behind
able to design and create smart and achieved with BIM-enabled sustainable construction.
self-sustainable urban ecosystems in connected construction.
much lesser timeframes, besides For example, during the design About the author:
optimising the use of precious phase, BIM allows for a highly Paul Wallett, Regional
resources. However, to reap the transparent process from Day 1: as Director, Middle East and
maximum benefit of these design data is added to a shared India, Trimble, is responsible
technologies, the entire design and model each stakeholder in a project for business operations and
management of the overall
construction process needs to can quickly and easily access a full,
strategy for the UAE and
undergo a paradigm shift. real-time summary of what products SAARC regions. He aims to build upon
At Trimble, we believe the and materials are being proposed, Trimble Solutions’ double-digit growth
sustainability vision needs to be how they will be installed, and even and the expansion of Trimble Buildings’
embedded throughout the the expectation of their performance businesses.
To share your views, write in at feedback@ConstructionWorld.in
Optimising Costs in
Construction Scan this QR code to
watch the full video
In terms of what works better for emulsion is a binder and it contains the type of construction—whether it
Dilip Buildcon between maintaining water and bitumen. So when is a building or an infrastructure
an equipment fleet and hiring, transported, any driver could project.
Tiwari says the company believes in manipulate, mitigate or contaminate PS Ravindra Yadav, Head -
minimal hiring of equipment. “The it, and the purpose is defeated.” Supply Chain Management,
top management has a thought That’s when the company took the Gayatri Projects, says, “Generally,
process to bring out efficiency better decision to make these products the wastage acceptable in terms of
than any other subcontractor. And itself. “We started with the emulsion purchase and actual execution in
why not, especially considering we unit. The idea was to get the percentage terms of total project
have a huge fleet and technically product as per site requirements,” cost would be 3 per cent for steel
equipped and qualified manpower? he adds. The company also has its and 1.5-2 per cent for concrete. In
We can maintain equipment better own tankers to deliver the material the case of steel, the major issue is
and have better negotiations for to its construction sites. Further, with in the offcuts, which we are unable
aftermarket parts as well as services GPS installed, the sites have exact to use, and this is not in our
and equipment cost.” information and status on the driver. control.” However, he shares that
In the case of construction “Having these units and the general practice is to cut to
materials such as steel, prices did manufacturing these products length directly or customise lengths
see a drop during the initial ourselves add a good amount of during purchase. This is a control
pandemic months, but have again control in the entire business and mechanism purchasers are
been rising now. Was there an you have the flexibility to change developing. Depending on the
approach to secure additional as per the market. We are working volume of purchase, he says, “If you
contracts when prices dipped? on a couple of more products have larger volumes to buy, there is
Amit Chaturvedi, Senior because it helps you cost control, an option for steel where you can
Manager - Purchases, HG Infra improve quality, get the material directly deploy machines on the site
Engineering, responds, “Our delivered in time, and undertake itself. This can save you a lot of
management is quite focused on value engineering.” wastage. However, in the case of
planning and the general practice is smaller volumes, you cannot set up
to secure contracts to try and a complete plant.” In most cases,
maximise the inventory and cover In the case of steel, the Gayatri Projects outsources to
the inventory on our side so that we major issue is in the reduce the wastage of steel.
incur minimum cost on the offcuts, which we are unable However, in the pipeline segment
additional costing that is actually to use, and this is not in for irrigation works, the general
incurred.” However, he adds, our control. practice is to do it inhouse. “We
“During the initial COVID months, manufacture pipes by buying
when prices did see a drop, we customisable lengths of plates and
were unable to plan because of the While Kashyap believes this could customise the thicknesses so that
uncertainties. But at the moment, be the way forward, he also wastage is reduced. For concrete as
the management is highly focused emphasises that one has to keep in well, we have developed an inhouse
on planning and we ensure that at mind economies of scale. “Putting software, Einsite, which monitors
least one month’s stock is available up these units will have a break- day-to-day usage, giving us a clear
in our inventory.” even cost; if you are not able to picture of the requirement and
To optimise cost of construction meet them, it could be a loss- enabling us to reduce wastage.”
as well as control quality, Ratan Lal making proposition. So it’s a
Kashyap, Senior Vice-President business decision.” In terms of equipment, it is
- Procurement, GR Infraprojects, crucial to ensure complete
initiated the process of backward Controlling wastage of transparency on movement of
integration for self-sufficiency and materials and movement of machines on site. But the question
established eight manufacturing machines is, how?
units for the company. “There is risk There tends to be major wastage Tiwari from Dilip Buildcon
involved even when you run through of construction materials such as approaches this in two ways: one is
the market and select from the best cement, concrete and steel on site. the overall planning of the
vendors,” he shares. “For instance, This wastage may also depend on equipment at the project level; the
SPECIAL REPORT
second involves the monthly, weekly Monitoring purchase and analytical tool is used to analyse the
or daily plans to be executed. “At tracking consumption patterns total inventory. In the case of
the project level, the equipment has There is massive competition in inventory control, there is a
to be planned in a phased manner,” the market with a fast growing common tool platform where all the
he says. “There should not be number of vendors, leading to more sites can see what is in surplus and
scarcity of equipment and there scope for quality procurement. at which site. He adds, “In between,
should be proper synchronisation of Speaking of HG Infra we had a huge logistics issue; to
equipment.” He elaborates with an Engineering’s approach to ensure overcome this, we tied up with B2B
example: If you are doing some cost savings, Chaturvedi says, logistics companies. You just need
earthwork, for which you have “Owing to an increase in the to go online and book the
deployed an excavator of 30 tonne number of vendors, there are better consignment; they get it delivered
capacity, a motor grader of possibilities for negotiation and within a specified timeline. This
12 tonne capacity and at a 5-km developing new vendors. We use helps me optimise some amount of
lead, you have deployed only two or the SAP system and try to develop inventory.” Going forward, the
three tippers. So, the resource more vendors to create single company plans to opt for B2B
synchronisation of the equipment procurement. This helps us develop integrations because most vendors
and its effective utilisation will not more rates and competition among are on SAP. This will make the
be great. He adds, “At construction the vendors as well. They provide system more transparent, mitigate
sites, a lot of activities are better rates to bag orders from us unnecessary communications, and
interlinked. So every day, we sit with and this creates an opportunity for give a clear timeline for receiving
project heads to understand the us to negotiate.” The company takes the inventory. What’s more, as
work that needs to be executed for more than 10 quotations. Also, it Kashyap shares, “We have decided
the day and prioritise accordingly. ensures regular quality checks. “We to offer an AMC to the vendor. He
At the project level, there is focus on quality, quantity, rate and holds the inventory at the sites and,
automatic software helping us the number of vendors. This gives based on the requirement, the
monitor our requirement and the us a great advantage to procure at inventory is consumed. Plus, this
availability of resources.” lower rates.” comes with an uptime guarantee.”
Further, as Yadav mentions, He also informs that the company is
Gayatri Projects has developed Owing to an increase in the now trying to incorporate the
Einsite. Through this plug-and-play number of vendors, there are barcoding system through which
software, the company tracks better possibilities for one can opt for proper tracking of
vehicular movement, data is inventories. In addition, the
negotiation and developing
captured from across machines and transaction also becomes seamless.
new vendors.
the software offers an Evidently, an effective and robust
understanding of the amount of raw plan for procuring materials has
materials and machine time used. While efficient inventory been keeping these companies
“Launched in 2017, the software management is crucial, ahead in the race. Negotiation is
was adopted to get complete digitalisation and technology are one aspect. But whether it is
equipment insights and track playing a key role in tracking equipment, aftermarket parts or any
utilisation,” he elaborates. consumption patterns. consumable civil material, the focus
“Eventually the software was Sharing GR Infrastructure’s is on the lifecycle cost of the
developed further and today it is approach in this direction, Kashyap equipment or component and
fully integrated right from the says, “Today, for most infrastructure related value-added services.
machines with the batching plants, companies beyond a size, it is a Further, they are open to embracing
transit mixers, pavers and business requirement and you need newer technologies, from monitoring
dumpers—all of it is interlinked. to have these tools to have proper tools to future-savvy products.
Going a step forward, we have business controls.” GR Infraprojects
adopted a progress monitoring uses SAP S/4HANA, which is the - SHRIYAL SETHUMADHAVAN
software as well. So now, Einsite is a latest version; the entire business is
complete real-time monitoring controlled through it. Also, there is a (Collated from views shared in a recent
software that can give you real-time tool, Laserfiche, which is used for CW online panel discussion on ‘Cost
insights.” DMS. Additionally, a regular Optimisation in Construction’.
To share your views, write in at feedback@ConstructionWorld.in
Today, India is faced with the August 15, 2019. These are the `102 trillion ($1.4 trillion) over the
uphill task of reviving the economy National Infrastructure Pipeline (NIP) next five years to achieve the silver
and maintain investor confidence released on December 31, 2019; lining of a $5 trillion economy
while balancing social and welfare the Union Economic Survey for by 2024-25. Such investment
objectives in the aftermath of the FY 2019-20 released on January was envisaged in sectors such as
ongoing pandemic, which does not 31, 2020, and the Union Budget for energy (24 per cent), roads (19 per
seem to have a sunset period as of FY 2020-21 presented to Parliament cent), urban development (16 per
now. Three significant documents on February 1, 2020. cent), and railways (13 per cent)
were released by the Central Upgrading infrastructure is amounting to around 70 per cent of
Government for achieving its key to India’s competitiveness the projected capital expenditure on
ambitious target of making as infrastructure creation will infrastructure. Of the total expected
India a US$5 trillion economy by boost short-term and potential capital expenditure, projects worth
2024-25, first spoken about by GDP growth as well as generate `42.7 trillion (42 per cent) are
Prime Minister Narendra Modi in his employment and income. The under implementation and projects
Independence Day speech on NIP envisaged an investment of worth `32.7 trillion (32 per cent)
are in the conceptualisation stage Solutions have to be found for the rehaul of the investment dynamics
while the balance are under various issue of financing infrastructure, in the country with a renewed vigour
stages of development. which is one of the formidable ways for both public and private-sector
While the Government undertook to boost the economy. Obtaining players with a new PPP law. Fiscal
proactive steps to implement the ready and cheap financing is key to incentives need to be managed
strategies and blueprint of the NIP, scaling up infrastructure. However, with the right mix of public, private
since the end of March 2020 the the banking sector is still to fully and PPP models for efficient asset
pandemic has thrown a spanner recover from the stress caused by monetisation coupled with structural
in the works, possibly calling for multiple non-performing assets sectoral reforms. Relying exclusively
a relook at the ways and means further exacerbated by the economic on public investment to kickstart
to achieve the $5 trillion economy effect of the pandemic, resulting in the investment cycle may not be
target. COVID-19 has brought a liquidity crunch and limiting the sufficient owing to the magnitude of
about disruptive changes in every availability of credit. funds required; hence, a viable mix
aspect of the economy around the India needs structural reforms, of these models is imperative for
globe and India is no exception. including new laws and policies growth. Capacity creation should be
Lack of investor confidence, liquidity that will play a pivotal role in its encouraged with new policies and
crunch and rapidly evolving infrastructure growth. To capitalise incentives coupled with measures
policies and framework to maintain on the potential of the NIP despite to resolve regulatory bottlenecks:
the socioeconomic balance call the slowdown caused by the ensure greater transparency and
pandemic, it is imperative to identify accountability, ease land acquisition
the ways and means to best use
Solutions have to be found this opportunity for infrastructure Capacity creation should be
for the issue of financing growth. High government spending
encouraged with new policies
infrastructure, which is one of in infrastructure energises demand
and incentives coupled with
the formidable ways to boost in other sectors will lead to more
fund flows to various sectors, measures to resolve
the economy.
besides creating valuable assets. regulatory bottlenecks.
Some key issues faced by the
for a well thought through and economy are higher costs (including norms, streamline consents and
graded approach to overcome the time and cost overruns), lower clearances and ensure reasonable
challenges posed by the slowdown revenues and greater financing return on investment.
in the economy. costs, including the impact of The question, then, clearly is:
Eight months into the pandemic, adverse foreign exchange rate Will the NIP achieve its desired
with the economy gradually variation on debts, which squeeze objective to catapult India’s position
opening up, the time is perhaps corporate cash flow leading to debt as a global player or will the
ripe for the Government to take servicing problems. To cushion the aftereffects of the slowdown caused
corrective measures to realign its impact on the overall economy, by the pandemic get the better of
fiscal and economic policies for the public investment has been stepped the Government?
forthcoming years while improving up considerably, but this has still not
the flow of liquidity to stakeholders been sufficient to prevent a fall in About the Authors:
but also, in parallel, building the overall investment. The upsurge in Vishnu Sudarsan is a Partner
blocks for a circular and green FDI is mostly restricted to brownfield at J Sagar Associates. His
practice covers diverse areas
economy based on policies with a operating assets rather than new of Corporate Commercial and
predictable implementation path. greenfield investments. Public Regulatory & Policy and he
India’s resilience ought to become investment needs to be supported focuses on advising clients
its USP to overcome the present ably by private investment and across different verticals.
slowdown, Atmanirbhar Bharat possible upscaling of PPPs in roads,
being a case in point. transmission, rail, renewables, Akshat Jain, Partner at J
Sagar Associates, specializes
The Government is increasingly airports, urban infrastructure and in handling sector specific
looking to partner with the private telecom to reach the ambitious commercial litigation with his
sector, for which effective coworking target set in the Union Budget. primary focus area being
models need to be devised. What is needed is an overall regulatory proceedings.
To share your views, write in at feedback@ConstructionWorld.in
Inaugurated by Prime Minister Second, it is important to build a but the coverage it got was
Narendra Modi on February 15, project around core expertise from phenomenal. It made us feel very
2019, Train 18 has become India’s within the country and import happy and proud as well as grateful
fastest train by reaching the components or subsystems in areas to each and every member of the
180 km per hour speed limit during where India is not capable, team. It conveyed the message
trial runs. The journey of India’s first particularly through collaborative that a thousand such projects can
indigenously developed semi contracting, such that we learn as bloom in India given leadership
high-speed train, Train 18, also the contractor designs or with a sense of purpose, empathy
known as the Vande Bharat Express, manufactures—the next time round, and pride.
is testament to the grit, character we are empowered and enabled to
and fearlessness of Indian do it ourselves. Third, there has In terms of technological
engineers. In conversation with been tremendous excitement advancements, what
Sudhanshu Mani, Former General around the testing of Train engineering
Manager of Integral Coach 18 at a speed of 180 km software needs to
Factory (ICF), CW explores how per hour, launched as be used to
the learnings from this historical Vande Bharat Express by ensure timely
project can be used for future the Prime Minister delivery of
projects, and more…. himself, and the successful such projects?
operation of two rakes for Extensive 3D
As this project, an engineering the past 18 months or so modelling was
marvel, was such a big success, without any hitch. This is a done on Katia
how can it serve as an example feat not paralleled even by and Solidworks
for similar infrastructure projects any imported rolling stock so
in the near future? far. ICF has delivered the first
To my mind, it can help in three modern train entirely of Indian
ways. The project has demonstrated origin. We hardly realised
that Indian engineers can deliver we were doing
products, from concept to design to something great
engineering to manufacture, at but the country
much less than the cost of import if loved the
a proper environment is afforded. complete
The Atmanirbhar concept can Make in India
succeed given the right content of the
encouragement by the Government, project!
which is a big spender, not merely Imagine, it’s
lip service, as is mostly the case. just a train
software. In addition, a host of Besides, ICF became the first there were many learnings. And the
specific software was employed for production unit of Indian Railways next time we do such a project, we
various tasks: to implement ERP in manufacturing, should use these lessons to do
• Structural analysis of bogie frame including its seamless use for the better. One, all the stakeholders
according to EN 13749:2011 manufacture of Train 18. At the should be onboard such that
• Structural analysis of bolted joints same time, partner vendors used jealousies and negativity, as
with VDI2230:2014 their own tailormade software for unfortunately happened in the case
• Structural analysis of mono-block the bought-outs. of Train 18, do not stall the future
wheel according to EN 13979- of the project; we should have
1+A1 (2011) In this industry, so many done more to sell the project but,
• Ansys and Hyperworks software advancements happen by the day. frankly, we did not have the luxury
were used to ensure car body If you had to do this project over of time. Second, meticulous
design meets the requirements of again, what would you do planning and execution are a must
EN 12663-1:2010+A1:2014 and differently today? to avoid stressed and chaotic
DVS1612:2014 It’s a good question. I keep working but as we were running
• LS Dyna software was used for quoting Shakespeare, who spoke against time, there was indeed
crash analysis through Lucio in Measure for some haphazard execution towards
• SIMPACK software was used for Measure, “Our doubts are traitors, the end. Why? I had taken upon
dynamic multi-body analysis to And make us lose the good we oft myself that Team ICF would deliver
establish stable behaviour up to might win, by fearing to attempt.” and therefore it was necessary that
180 kmph according to EN The first hurdle to cross is to I lead all the way to the end—
14363 and RDSO’s Third Criteria attempt, without fear of failure; that before I retired 21 months after the
Committee alone is the road to success, albeit project was sanctioned. In future,
• SIMPACK software was used for via many possible failures. Our similar projects need not be
simulation for the acceptance of problem is that we do not attempt completed in 18 months but
running characteristics according and take the easy way out of perhaps in 20 to 24 months so the
to EN 14363:2016 importing or abandoning. As we working is more systematic and all
• Siemens Star CCM plus was used attempted fearlessly, that too in a those who matter are won over.
for CFD analysis. very tight timeline, in hindsight Apart from that, there were some
technical learnings. For instance, What were the design challenges realised that they were part of a
we chose the wrong seat for Indian you faced and how did you project that would break the mould
conditions, a slide back instead of overcome them? What are some of decades and catapult our
a recline, and the pantry space was of the key aspects that need to be organisations to a new league, the
inadequate. kept in mind while designing? rest followed. Of course, the regular
I will keep this simple. Assess the project management regime,
What engineering technology capability of your design team, including periodic meetings in
went in to ensure passenger safety being a witty fool and not a foolish offices and later on the shop floor
and comfort, especially keeping in wit. Make a matrix of the with all key team members
mind the high speed the train was requirements and mark all the items presenting their Gantt charts, was
developed to run on? with ‘there’ or ‘almost there’; ‘can followed to good effect. Here are
Safety had to be our prime be stressed to reach there’; and some key principles I tried to ensure
concern and every design feature ‘beyond us’. The first is easy, as the leader:
was run though specific safety meaning your team and your • A fixed experienced project
evaluation. There were many vendors are there or almost there management team, which was
new features like the anti-climbing and can do it on their own. The not to be disturbed as far as
feature in coaches, semi- second is where you must excite possible in the middle of the
permanent jerk-free couplers that your team or your vendors’ team to project
prevent capsizing of coaches, challenge themselves and try to • Incentives and opportunity for
modern bogies, automatic plug reach where we need to go; this professional advancement of the
doors, microprocessor-controlled may result in some failures but this team; this is not something usual
brake system of current technology, luxury has to be afforded to them in government but whatever is
sealed gangways, talk-back for ultimate success. The third is the best possible within the constraints
facility, video surveillance, alert area where you need to collaborate, • A good preliminary design
systems, etc. preferably with a design consultant, • Timely availability and
Train 18 is a train set with the not a technology-provider company, recognition of time values of
powering and hotel load equipment and work hands on with them to funds; funds never came in way
mounted under the board so all the learn in the process and equip of the project
board floor space was available for yourself for the future. • Reliable and responsible
passenger seating and amenities. contractors and suppliers
We provided modern toilets with What were the key measures • Monitoring of interdependent
vacuum-evacuation system, touch- taken to achieve project and control activities: continuous
free fittings, passenger-friendly PIS, management deadlines? video contact
touch-free partition doors, spacious All you needed was to channelise • Strict adherence to quality
luggage racks, diffused lighting and the inherent energy of your team standards.
many such features that enhance and the vendors’ teams. As I said
- PRAHARSHI SAXENA
travel experience. earlier, once the key team members
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AffordAble
Housing
While ‘Housing for All by 2022’ continues to be the focus at the Centre, CW DESIGN BUILD delves
in to ways in which stakeholders can ensure affordable execution in the planning, design, and
construction of affordable housing projects.
Also ReAd:
doors and Windows....to a Covid-contained world
distressed Assets and Bankruptcy & Insolvency
in Real estate December 2020 Construction World 51
COVER STORY
Affordability
plus Quality
CW DESIGN BUILD explores popular construction materials and technologies that
can help reduce the time and cost of constructing affordable housing projects,
without compromising on quality.
Five years after the implementation have been completed while another homes,” says Puri. In terms of
of the Housing for All by 2022 6.623 million units have been completion, he says Uttar Pradesh
scheme, the Pradhan Mantri Awas grounded for construction.” tops the list with more than 0.534
Yojana (Urban) has made steady A sharp 180 per cent rise in million homes already completed,
progress across states. project completions was seen followed by Gujarat with 0.422
As Anuj Puri, Chairman, between December 2018 and early million homes and Maharashtra
ANAROCK Property Consultants, August 2020, from 1.258 million with 0.344 million homes.
tell us, “As in August 2020, a homes completed in December
total of 10.6 million homes 2018 to over 3.518 million homes Impact 2020!
had already been in August 2020. “Of the total homes Like other industries, the Indian
sanctioned in the sanctioned, Andhra Pradesh has the real-estate sector was also impacted
country, of which highest number (2.016 million by the COVID-19 crisis. Initially, the
33 per cent or homes), followed by Uttar Pradesh real-estate purchase cycle hit a near
about 3.518 with over 1.595 million homes and ‘pause’ button across several
million homes Maharashtra with over 1.234 million markets and segments.
Photo courtesy: Provident Housing
“We have
“To ensure an
eco-friendly Architect’s take!
environment, Architect Gaurav Sanghavi, Co-Founder, Pentaspace Design Studio,
we have elaborates upon how an architect can contribute to making an affordable
introduced housing project truly affordable:
‘Miyawaki’ a • Right from the planning stage, one needs to incorporate elevation
new- features and finishing material and identify the areas to be highlighted.
• Efficient structural girds should be worked on keeping in mind parking
generation, cost-effective
on the ground floor. The structure should be kept as lean as possible to
method in various projects.” avoid floating of columns to minimise cost of construction.
- Rishi Jain, Managing Director, • For natural ventilation, create a design to incorporate ample light and
Jain Group. free-flowing breeze. Simply maximising windows in habitable spaces
while leaving the non-habitable spaces towards the inside can create a
huge impact. To maximise external light and ventilation in all the
resources; minimising waste; and habitable rooms, non-habitable spaces such as toilets should be taken
developing healthy, productive on the inside with internal ducts. A well-designed open lobby area can
environments. Also, designs allow the building to breathe.
optimise available natural daylight • Slight change in designing the facade can help change the complete
and wind and support the use of look of the building. Recessed windows help maximise shade on the
locally available materials. opening, bringing in light but cutting off heat.
• Affordability means efficient use of resource optimisation of aperture
As Aparna Constructions
sizes by maintaining the window and wall ratio to 50:50. As the sill
establishes itself in the affordable
heights of the windows are increased, the cost of the aluminium, glass
housing segment, Mivan technology
and the railings reduces.
will be put to its strongest test. “The • Cutting cost in areas that do not require spending, like using kota in the
state-of-the-art aluminium wall stairwell from the first floor as well as the lift lobbies of the upper floor,
formwork offers higher efficiency, gives an opportunity to reduce cost and increase the spend in areas like
close to zero wastage, and a the ground floor lobby. Instead of using MS railing on the staircase, RCC
massive reduction in the skilled pardi can be cast to further reduce cost.
resources required for constructing • As these projects do not have ground space, we give amenities across
the shell and core of the building,” the building and on the terrace. We can create activity spaces around the
says Reddy. staircase well and landing like a wall library, art wall, chalkboard on the
Kapoor believes the pandemic wall and puzzle wall for the children to use and have community sit-out
has catalysed the adoption of spaces, a gazebo and jogging or walking track on the terrace.
technologies and there is now wider
acceptance and reliance on them.
“At Provident Housing, the outbreak,” he shares. “We have 3-D printing, which are at their
affordable arm of Puravankara, we adopted precast technology, an nascent stages, yet have the potential
have constantly strived to industrialised method of to disrupt old construction practices.”
revolutionise our construction construction, which helps reduce
practices, even before the dependency on labour requirements Ensuring affordable execution
and increases efficiency to meet the In the planning, design and
mass demand for housing across construction of affordable housing
“The
India, while ensuring high quality in projects, how can companies ensure
Government
construction.” The company’s affordable execution?
must project Provident Sunworth was Aparna Constructions has
streamline completed in 18 months using this implemented backward integration.
tax rates and technology. In addition, he believes This entails vertical integration
minimise several other tasks will see wherein the company has set up its
adminis– digitisation and automation. In land own building material facilities to
trative barriers.” mapping, for example, technology ensure a more reliable or cost-
- Rakesh Reddy, Director, Aparna has made it possible to survey land effective supply of inputs. Reddy
Constructions & Estates using drones. “We will continue to says, “This strategy insulates the
witness newer technologies such as company from market cycles. It
COVER STORY
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FEATURE-DOORS & WINDOWS
WINDOW TO A
COVID-CONTAINED
WORLD
CW presents a review of trends in doors and windows, and solutions for safer,
healthier interiors.
The Indian windows and doors increased adoption of eco-friendly market is focusing on recovery after
market is worth around and energy-conserving products to the pandemic. While the
`140-150 billion, according to an comply with the Government’s fenestration industry is yet to regain
estimate cited by Avanish Visen, espousal of the Energy its pre-lockdown pace, voices
CEO, DCJ Group. Of this, Conservation Building Code. across the industry report that it is
unplasticized polyvinyl chloride Ken Research expects the share catching up fast.
(uPVC) profiles enjoy a market of uPVC to grow by 30 per cent
share of 8-10 per cent on the back over the next 10 to 15 years, driven The good, the bad
of strong demand from rapid by new and replacement sales, One concern is that having just
urbanisation, growth in high and largely for high-rise apartments in about rebuilt a smooth supply
medium-end residential units and expanding metro cities. chain, raw materials, such as uPVC,
hotels in metro cities, and the In the near term, however, the steel, glass and ethylene propylene
Photo courtesy: Lingel Windows and Doors Technologies
“The Indian
window and
door market
is worth
around
`140-150
billion.”
- Avanish Visen, CEO, DCJ Group
(Encraft)
“Sliders can
be used as an
architectural
feature as it
improves the
elevation of
the house.”
- Saket Jain, Business Head, Fenesta
“With
TropTec™,
users get the
dual benefits
of American
/ European
standards at
Photo courtesy: Fenesta
an optimised cost.”
- Pratik Doshi, National Manages,
Facades, Schueco
Large windows offer natural light, ventilation and views and are maximum ventilation, high
expected to trend. insulation against noise, dust and
outdoor pollutants, and allowing the
controlled expulsion of air.
Rupesh Baid, Principal Architect,
Better ventilation AND Design Co, expects big
windows and openings to be
Filtration at doors and windows has always been an option but not been encouraged in collaboration zones
prioritised; this may change now, opines Akshat Bhatt, Principal Architect, for good access to sunlight where
Architecture Discipline. viruses do not live as long. In terms
Mario Schmidt, Managing Director, Lingel Windows and Doors
of material preferences, he expects
Technologies, recommends the use of fresh air devices allowing a
to see the greater use of healthy
predefined amount of air to enter per hour, and centralised air purifier
building materials, including fabrics
systems. “A person needs 300 cu ft of fresh air per hour and per room,” he
and materials with interwoven
says. “In offices, air must circulate at least six times in one hour.”
antimicrobial properties; improved
Schueco’s VentoFrame is a window ventilator integrated in the outer
ventilation systems, including
frame profile, where it is almost fully concealed, for healthy, mould-free
building HVAC systems with heavier
interiors, explains Pratik Doshi, National Manages, Facades, Schueco. Its
filtration or using more external air;
self-regulating outer flap allows it to react independently to changes in wind
pressure on and around the building, ensuring a continuous exchange of
and UV lights for sterilising spaces.
air without troublesome draughts. It is ideal where the air exchanging Smart windows or windows based
through leaks such as joints does not fully meet the building’s fresh air on Internet of Things (IOT) are far
requirement. It is a modular and, hence, flexible solution, which may be from being extremely popular but
duplicated across the building to ensure operator-independent, controlled they will start gaining momentum
air exchange adapted to the need. and demand will grow rapidly as
Bhatt sees scope for filtration systems to be produced at scale to lower the balance between price and
their cost and spur their adoption. Drop seals for doors and windows will functionality is reached, adds
become important; essentially, how we operate them will matter. Double Khanna.
airlock entry doors and windows will reduce the cost of air-conditioning by Cheers to that!
keeping interior spaces cool. - CHARU BAHRI
To share your views on the market for Doors & Windows in India, write in at feedback@ConstructionWorld.in
Stressbusting in
Real Estate!
SHOBHIT AGARWAL addresses the issue of
distressed assets and bankruptcy and insolvency.
The Indian real-estate sector insolvency. The code attempts to
was endeavouring to accept and end the regime of debtors who
adjust to the changes ushered in continue to be in possession of
by the structural reforms of the asset and provide control to
demonetisation, GST and the Real the creditor.
Estate (Regulation and While the impact of liquidity
Development) Act (RERA), initiated issues was felt across all asset
periodically from 2016. The NBFC classes, residential real estate was
catastrophe in the second half of the most impacted. By the end of
2018, leading to a severe liquidity 2019, nearly 5.76 lakh units
crisis for the developers, added to (launched in 2013 or before)
their woes. The non-availability of valued at over `4.64 trillion were
the refinance window caused many among the delayed and stalled This move was directed towards
real-estate projects under projects across the seven major those stressed residential real-estate
construction to be stalled. cities in the country, according to assets under construction that are
The Insolvency and Bankruptcy ANAROCK Research. yet to be completed, including those
Code 2016 (IBC) has been a To mitigate this impediment, the declared non-performing assets
mature step towards setting up a Government has initiated the (NPAs) that have been admitted for
legal framework to adjudicate Alternate Investment Fund (AIF) with insolvency proceedings.
matters of financial failure and a corpus of `250 billion in 2019. The Government’s SWAMIH
Fund has already sanctioned
Banks and operational creditors seeking resolution `120.79 billion for over 81,000
units across 123 projects in the
Sector No. of % of Total country. The alternate investment
Companies fund (AIF) created appears to be
Manufacturing 899 42
quite meagre in comparison to the
quantum required at large to bail
Real estate, including renting business 421 19 out several such projects. Today,
Construction 227 11 there are several institutional
Wholesale and retail trade 214 10 investors who are actively funding
such stressed projects, albeit after
Hotels & restaurants 60 3 extensive screening and prudence.
Electricity & others 55 2 With the bankruptcy code getting
Transport, storage & communications 60 3 more established across the country,
lenders are more secured and seen
Others 226 10 to be actively investing in stressed
Source: IBBI, Compiled by ANAROCK Research real-estate opportunities. Industry
estimates suggest that over is the lowest in the real-estate sector pending in the NCLT as on
$1 billion has already been invested with only 27 per cent of cases that September 30, 2019.
in such opportunities. Many have been ordered to commence The bankruptcy reform has
corporates burdened with heavy liquidation. Also, nearly 36 per cent sought to rebalance the rights of
debt are being agile and exploring of the cases are settled or appealed lenders and shareholders of
options to liquidate their prime or reviewed. Even withdrawal of defaulting firms so that the fear of
real-estate assets. cases is the highest among the real loss of ownership and management
Currently, there are close to estate and construction sectors. control would force the promoters
nearly 10,000 cases listed in the After the formulation of the IBC into developing a rescue package.
National Company Law Tribunal in 2016, homebuyers have also Buyers and creditors today may
(NCLT). It is noticed that banks and started to seek justice from the have avenues of seek legal
vendors (operational creditors) newly formed body. Earlier, their intervention and relief to secure
have dragged 90 per cent of the source of recourse was limited to their debts and investments liberally
2,162 bankrupt companies to consumer courts for the redressal of from these bodies; these solutions
tribunals under the IBC. This their grievances. Then came RERA, need to be more expedited and
indicates that the code is benefitting which can become a meaningful well implemented.
creditors to recover dues. It is also platform to address the grievances
evident that sectors that are labour- of homebuyers in a systematic way. About the author:
intensive and have a significant The IBC was also amended in Shobhit Agarwal is
proportion of unskilled and 2018 to allow an individual Managing Director & CEO,
unorganised workforce have high homebuyer to initiate the Corporate at ANAROCK Capital.
volumes of litigations and debt Insolvency Resolution Process Agarwal and his team
default. These sectors are also seen against the NCLT. The amendment advise on and manage
big-ticket real-estate funding,
to end up in liquidation. has given homebuyers the status of acquisition and consolidation
The real estate and construction ‘financial creditors’. According to mandates for leading multinational
sectors together account for nearly government estimates, 1,821 cases corporations, large institutional investors
one-third of the cases. It is also filed by homebuyers against and financial sponsors, and high-
pleasantly surprising that liquidation builders since June 2018 were net-worth individuals.
To share your views, write in at feedback@ConstructionWorld.in
Established in 1927 as Wilson time implications are a distinct not be limited to ensuring a
Electric Works by the Daruvala possibility. It may necessitate a disease-free environment—it will
family, Sterling and Wilson (S&W) renegotiation of terms of contract. play a significant role in
was formed in 1971 with the At present, the construction industry augmenting efficiencies through
Shapoorji Pallonji Group taking a is currently searching for a balance process innovations. However, while
51 per cent stake in the company. between an infection-free work some organisations pioneered
Till 1997, the company was mainly environment and economically innovative techniques to enhance
focused on the Mumbai and Delhi viable operations. productivity and efficiency, these
markets, providing services for HV were exceptions rather than the
(high voltage) and low voltage (low What kind of demand is expected norm. It’s the need of the hour for
voltage) electrical systems. With its from the sector? organisations to be more innovative
broad expertise in the power sector, There is limited demand from and adopt technologies to achieve
it has delivered various prestigious the construction sector. Several greater momentum and force.
projects over the years. Prakasan projects in commercial and other Installation of prefabricated ducts,
TP, CEO - MEP Business, Sterling segments are either delayed, slabs and other utilities at project
and Wilson, shares more on deferred or stalled. And deferment sites will become a regular
challenges and opportunities during in investment from existing and
the pandemic era. potential investors has negatively
impacted the business.
What are the challenges faced
while recovering from the Kindly elaborate upon the
lockdown? technology innovation undertaken
The Indian construction sector, during the pandemic.
the largest employment generator Organisations are using
after agriculture, has been severely technology and tech-enabled
impacted by the pandemic. innovative processes to sustain
Although the Government of India's operations and ensure the health
decision to allow the resumption of and safety of workers. AI, machine
construction activity is bound to learning and other advanced
jumpstart revival, it will be some algorithms are being used to
time before the sector regains its monitor social distancing. Similarly,
pre-Corona momentum. And as the sensor-based disinfectant tunnels
sector grapples to continue and drone-based spraying systems
operations, the utmost priority for are being installed at project sites
any organisation is the health and for contactless sanitisation. To track
safety of our people. However, we worker health, platforms and
have more challenges at hand due drones based on IoT (Internet
to social distancing and restricted of Things) are getting
mobility, which is impacting deployed. By using geo-
workforce productivity. With fencing, an alarm system
restricted movement and lack of can be installed to alert on
availability of skilled and semi- potential violations.
skilled workforce, adverse cost and Technology's role will
H IM AC H A L P RA D E S H K A R N ATA K A
Centre approves Karnataka gives a green signal for Maski
Himachal hydro irrigation project
project investment The Karnataka government has given the go-ahead for the Maski Nala
The Centre’s Cabinet Committee irrigation project in Raichur district and the establishment of Maratha
on Economic Affairs has Development Authority (MDA). It has accorded administrative sanction to
approved an investment of the detailed project report (DPR) with an estimated cost of `525.4 mn as
`1,8105.6 mn for the 210 MW allotted in the year 2018-19 for the remodelling of the left bank and right
Luhri Stage-I Hydroelectric bank canals and their distributaries, meeting the long pending demand of
Project on the Satluj River in people in the region. The government also announced setting up the MDA
Shimla and Kullu districts of with a grant of `500 mn.
Himachal Pradesh, which will Contact: Vijay Bhaskar T M, Chief Secretary, Government of Karnataka
generate 758.20 mn units of Address: Room No. 320, 3rd floor, Vidhanasoudha, Bangalore-01.
Tel: 080-2225 2442. E-mail: cs@karnataka.gov.in
electricity annually. The project is Website: www.karnataka.gov.in
being implemented by Satluj Jal
Vidyut Nigam (SJVNL) on
build-own-operate-maintain MAHARASHTRA
(BOOM) basis. The Union ESR to set up 11 industrial parks around
Government is also supporting
this project with grants of Mumbai and Pune
`661.9 mn for enabling ESR India has signed an agreement with the Government of Maharashtra
infrastructure, helping to reduce to invest in setting up 11 industrial parks around Pune and Mumbai. The
power tariff. The project is to be project aims to develop and encourage the industrial sector with
commissioned within a span of streamlined land acquisition and administrative processes, in order to
62 months. The power generated attract more multinational and national companies to Maharashtra. Last
will help in maintaining grid year, it partnered with Future Group to develop a logistics park each in
stability and improve the power Nagpur and Gurugram.
supply in the state, besides
Contact: Jayesh Shah, Assistant General Manager, ESR India.
reduction of 0.61 mn tonne of Address: G Block Rd, G Block BKC, Bandra Kurla Complex, Bandra East, Mumbai,
carbon dioxide from the Maharashtra-400 051.
environment annually. Tel: (0) 94082 33581. E-mail: lopajayesh@gmail.com Website: www.esr.com
PUNJAB TA M I L N A D U
New industrial estate Bids invited for works related
to come up in Mohali to Chennai Metro Phase II
The Punjab government has allowed
Chennai Metro Rail has invited online tenders for the construction of
setting up of a new industrial estate in
11.61-km of the elevated stretch of Corridor-5 of Phase II of the
Mohali — in two phases — and has also
Chennai Metro Rail project. Under Contract Package C5-ECV 03, the
allowed affordable housing colonies in
scope of work includes construction of an elevated viaduct of
New Chandigarh. The industrial estate in
approximately 11.61-km length between Puzhuthivakkam Metro
Mohali will span over 530-acre and will
Station (excluding) and beyond Elcot Metro station including;
be developed by Greater Mohali Area
construction of 11 numbers of elevated stations at Madipakkam,
Development Authority (Gmada). Another
Kilkattalai, Echangadu, Kovilambakkam, Vellakkal, Medavakkam
250-acre is being allowed to be
Koot Road, Kamaraj Garden Street, Medavakkam Junction,
developed by private players.
Perumbakkam, Global Hospital and Elcot and all associated works in
Contact: AK Batish, Secretary, Greater Mohali Corridor 5 of Chennai Metro Rail Project - Phase II. The completion
Area Development Authority. period is 36 months. The pre-bid meeting is on December 15.
Address: Room No. 104,
PUDA Bhawan, Sector-62, Contact: Venkata ramana, Dy General Manager/civil-underground,
SAS Nagar. The Chennai Metro Rail.
Mobile: (0) 94635 78279. Address: Admin Building, CMRL Depot, Poonamallee High Road, Koyambedu,
E-mail: akbatish1991@gmail.com Chennai-600 107, Tamil Nadu. Mobile: (0) 85558 67970.
Website: www.gmada.gov.in E-mail: venkataramanavyas@gmail.com Website: www.chennaimetrorail.org
INTERNATIONAL
$120 mn loan inked between Centre, World Bank,
Megalaya for state’s road transport
The Centre, the Government of Meghalaya and the World Bank have
signed up for a $120 mn project to improve and modernise the
transport sector in Meghalaya. This will help the north-eastern state to
harness its growth potential for high-value agriculture and tourism. The
project will improve about 300-km of strategic road segments and
stand-alone bridges by using innovative, climate resilient, and nature-
based solutions. It will also support innovative solutions such as precast
bridges to reduce both time and the cost of construction. Difficult hilly
terrain and extreme climatic conditions make Meghalaya’s transport
challenges particularly complex, due to which about half of the 5,362
habitations in the state currently lack transport connectivity.
PORTS
Greenlight for Gujarat plans fresh Govt to focus
tenders for first bids for Nargol port on creating
phase of after contractor port grid
Machilipatnam Port bows out The Government is focusing on
The state government has The Gujarat government is creating a Port Grid, encompassing
authorised the Andhra Pradesh weighing the option of inviting various smaller ports like fisheries
Maritime Board decided to go fresh bids for developing Nargol port, agriculture port and mineral
ahead with tenders for the first port after the Gujarat Maritime port etc, so that port development
phase of the prestigious Board cancelled the work awarded and port-led development takes
Machilipatnam port. It has also to Cargo Motors. A consortium of place in the country. The Ministry of
authorised financial assistance of Cargo Motors and Israel Ports Co Shipping will be known as Ministry
`10 bn to begin works on the was selected as the developer for of Ports, Shipping and Waterways.
project. The Maritime Board has Nargol port in August 2012. Israel In India, the shipping ministry has
prepared the groundwork based Ports soon backed out from the been doing a lot of work related to
on a detailed project report project, and the development of ports and waterways. The ministry is
cleared by the government. The the port has been stuck for quite being expanded and the renaming
government has further authorised some time, as Cargo Motors was is expected to bring in clarity in
the Maritime Board to acquire unable to build the port in the terms of the scope of work the
225-acre land required for the first stipulated time. The Maritime ministry will handle. The ministry is
phase. The board would spend Board terminated the LOI awarded going to put more focus on the
`900 mn on land acquisition, and to the company last year, and is development of waterways and
also seek to raise `47.45 bn for now exploring the option of coastal shipping. Around 1,400-km
the project. The state has also inviting fresh bids. of waterways have already been
taken up three new ports for Contact: Anil Mukim, Chief Secretary, fully developed and additional
development, while the existing Government of Gujarat. 1,000-km are being developed on
Kakinada Port in East Godavari Address: Government of Gujarat, priority for which feasibility study
would be redeveloped. Sndhinagar-382 020, Gujarat, India.
Website: www.gujaratindia.gov.in
has been completed.
RAILWAYS
North Central Ircon floats tender Chandigarh-
Railway floats for works on Baddi Railway
tender for Howrah- Udhampur- line land
Delhi works Srinagar-Baramulla acquisition on
North Central Railway has floated a BG Railway Link track
tender for works on New Delhi- Ircon International has invited bids
Howrah route. The scope of work for work on the Udhampur- The 77.73 hectares of land
involves design, supply, erection, Srinagar-Baramulla BG railway falling in Haryana for the
testing and commissioning (SETC) of link. The scope of work includes Chandigarh-Baddi railway line
132/2x25 kV traction subs-station the balance work of cut slope will be transferred to the Railway
along with SP/SSPs between stabilisation including earthwork in Ministry by March 2021, as the
Ghaziabad-Deen Dayal Upadhyay excavation and filling, sub-soil acquisition process is expected
in Uttar Pradesh in connection with drainage system, reinforced earth to be completed soon. The
raising of speed of trains to 160-km wall and other slope support Railway Ministry has completed
per hour/200 km per hour on the systems, etc for Sumber Station all the formalities for the
existing New Delhi-Howrah route to yard (110.883 km) on the Dharm- Chandigarh-Baddi Line in
achieve a travel time of 12 hours Qazigund section of the consultation with the officers
between Delhi to Howrah. The work Udhampur-Srinagar-Baramulla of Haryana and Himachal
is to be completed in 24 months at New BG Railway Link project. The Pradesh and the remaining
a cost of `6.145 bn. estimated value of the project is procedures will be completed by
`1.319 bn. both the states soon.
Contact: Rajiv Chaudhry, General
Manager, North Central Railway. Contact: Deepak Sabhlok, Director- Contact: Sushant Kumar Mishra,
Address: General Manager Office North Projects, Ircon International. Secretary, Railway Ministry.
Central Railway, Head Office Subedarganj Address: C-4, District Centre, Saket, Address: Rail Bhawan, Rafi Marg,
Prayagraj-211 011. New Delhi-110 017. New Delhi-110 001.
Tel: 0532-243 5109. Tel: 011-2653 0451. Tel: 011-2338 5227.
E-mail: gm@ncr.railnet.gov.in E-mail: deepak.sabhlok@ircon.org E-mail: secyrb@rb.railnet.gov.in
Website: www.dir.railnet.gov.in Website: www.ircon.org Website: www.indianrailways.gov.in
Centre allocates
Casagrand launches ‘Millenia’ luxury
additional `180 bn
housing at Mogappair, Chennai
for PMAY (Urban)
Casagrand has announced the housing scheme
launch of ‘Casagrand Millenia’, an
ultra-luxurious project at Mogappair, The Union government has
Chennai. Nestled amid 3.46-acre, announced an additional outlay of
the project comprises 146 signature `180 bn for Pradhan Mantri Awas
apartments designed with modern Yojana – PMAY (Urban), over and
architectural elevation and a glass above the `80 bn allocated in the
façade. It offers 3, 4 and 5 BHK budget, to give an extra push to
duplex apartments ranging from the government’s ‘housing for all’
1,962 sq ft to 4,450 sq ft with swimming pool and gym. mission. This is part of the centre’s
private terraces promoting an measures for revival of the housing
Contact: Sathisha Mansoor, Assistant Vice
opulent lifestyle in the heart of the President, Casagrand. and real estate sector in the third
city. The project includes a Address: New No.111, Old No.59, NPL tranche of economic stimulus. It
clubhouse and a host of
Devi, LB Road, Thiruvanmiyur will help in smooth implementation
Chennai-600 041, Tamil Nadu. and completion of affordable
entertainment, wellness, children- E-mail: sathisha@casagrand.co.in
friendly and other amenities, like Website: www.casagrand.co.in
housing projects, while also
helping the steel and cement
sectors. Separately, the
Nahar announces Marathon Group government also offered income
‘Olivia’ residential launches affordable tax relief to help builders clear
inventory and boost demand from
tower at Andheri (E) housing project home buyers as part of the
The Nahar Group has announced a at Bhandup stimulus package aimed at
premium lifestyle project, `Olivia’, supporting economic recovery.
The Marathon Group is
at Amrit Shakti, Chandivali, Andheri launching its fourth project called
East, in Mumbai. The multi-storey Marathon NeoValley in
tower offers luxurious 2-bedroom Bhandup, Mumbai under its GHB seeks
apartments with areas from NeoHomes banner. NeoHomes consultant to
653 sq ft to 665 sq ft. The project was conceptualised by Marathon
faces the finest multi-level sports to provide high quality yet
develop land in
and leisure clubhouse, Nahar’s affordable homes within the city. North Goa
‘Nectarfield’, spread across The group has already launched The Goa Housing Board (GHB)
50,000 sq ft. The development’s three towers successfully. The plans to develop 60,700 sq m of
chief locational advantage is the newest launch is set to be the first land in North Goa through a joint
seamless connectivity to east-west tower in a proposed 16-acre partnership with reputed national or
corridors, metro and rail network development and is located at international builders. The board is
and international airport. It offers Kranti Nagar, a 10-minute drive looking for a property consultant to
seven functional sports courts – from the station and upcoming develop a viable business model
basketball, football, badminton, metro and a 2-minute walk from and conduct a market study on
tennis, squash and more - and a the market at Gadhav Naka. Goa’s real estate sector. The land at
pool, salons, suite rooms, business Marathon NeoValley offers Colvale, Tivim, Curca and Penha de
lounge. Nahar’s Amrit Shakti, studio and 1 BHK homes. The Franca is already with GHB, which
spread across 125 acres of lush studio apartment sizes range hopes that by appointing a
landscape, comes with all amenities from 164 to 211 sq ft, and the transaction advisor, who will be
and great accessibility. smart 1BHK configuration (237 paid approximately one per cent of
sq ft). the project cost, it will be able to
Contact: Nahar Group.
Address: Nahar's Amrit Shakti Sales Contact: Parmeet Shah, Director of maximise revenue and create a
Office, Chandivali Farm Road, Off Marketing, Marathon Group. self-sustaining business model. The
Saki-Vihar Road, Near Chandivali Film Address: 702, Marathon Max, consultant will help in selection of a
Studio, Andheri (E), Mumbai-400 072. Mulund-Goregaon Link Road, Mulund
Mobile: (0) 93215 54221. (W), Mumbai-400080, Maharashtra. private developer, conduct a market
E-mail: sales@nahargroup.co.in E-mail: parmeet.shah@gmail.com study, carry out site analysis, and
Website: www.nahargroup.co.in Website: www.marathon.in develop financial models.
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UPCOMING PROJECTS
BUDGET
SL
COMPANY PROJECT DETAILS (IN CONTACTS TYPE
No.
`MILLION)
Airport/Aviation
1 Airports Authority The Uttar Pradesh government has decided to 5,250 JB Singh, General Manager, Corporate Conceptual
of India (AAI) expand the airport at Ayodhya. The proposed Communications, Airports Authority of
Shri Ram Airport will be expanded by up to India, Rajiv Gandhi Bhawan, Safdarjung
600 acre. The state government has decided Airport, New Delhi-110 003.
to upgrade it to international standards. Tel: 011-2463 2950.
E-mail: jbsng@aai.aero
Construction
2 Nesco Nesco is planning to invest over `20,000 mn 20,000 Western Express Highway, Goregaon Conceptual
in the next five to seven years to enter into (East), Mumbai- 400 063.
the hospitality segment as well as expand its Tel: 022-6645 0123.
IT offerings. E-mail: contact@nescoevents.in
3 Ambala Sadar The urban local bodies department of the 113.9 Vijay Goel, Superintending Engineer, Conceptual
Municipal Council state has invited tenders for the development Municipal Corporation, Ambala City
of fire brigade station in Ambala Sadar zone. (Haryana). Tel: 0171-244 3747.
The station will come up in place of the old E-mail: mcamb.54@gmail.com
building on Jagadhri Road.
4 Greater Hyderabad A total of 50 theme parks will dot Hyderabad 1,230 Bonthu Rammohan, Mayor, CC Under
Municipal in the coming months. GHMC has started Complex Tank Bund Road, Lower Tank Implementation
Corporation (GHMC) floating tenders for development of these Bund, Hyderabad, Telangana-500 063.
lung spaces. The work for development of Tel: 040-2326 2266.
parks in AS Rao Nagar, Vasavi Enclave E-mail: mayor.ghmc@gov.in
(Kushaiguda) and BN Reddy Nagar started
recently.
5 Rajasthan Housing RHB will develop a city park on around 2,310 A. K. Rawat, Chief Engineer-HQ, Awas Conceptual
Board (RHB) 52-acre in the Mansarovar area, which would Bhawan, Jan Path Jyoti Nagar,
benefit more than 50 colonies. Around 75 per Jaipur-302 005, Rajasthan. Tel: 0141-274
cent area of the earmarked land will be 0419. Mobile: (0) 98281 09454. E-mail:
developed as a green zone. The project has info.rhb@rajasthan.gov.in, jdsa.rhb@
parking for 799 cars and 325 two-wheelers. rajasthan.gov.in
Housing
6 Urban Improvement The foundation stone has been laid for the 3,000 Rajendra Singh, Secretary, Rawatbhata Conceptual
Trust Dev Narayan Nagar integrated housing Road, Near CAD Circle, Kota Rajasthan.
scheme. This is a unique scheme in which Tel: 0744-250 0777. Fax: 0744-250 0828.
livestock owners will be allotted residential E-mail: kotauit@yahoo.com
facilities as well as plots for rearing cattle. The
development work is proposed under the
Smart City project.
7 Lucknow LDA will construct a township comprising 1,480 Indushekhar Singh, Chief Engineer, Conceptual
Development around 6,000 housing units on over 2,000 Near INOX Shopping Mall, Vipin Khand,
Authority (LDA) acres of land on Sultanpur road. The authority Gomti Nagar, Lucknow-226 010, Uttar
has prepared a blueprint for the acquisition of Pradesh. Mobile: (0) 99972 21234.
land in nine villages for the scheme. The E-mail: ldacecivil@gmail.com
township will accommodate around 22,000
people and 1,500 commercial units.
CONSTRUCTION SHUTTERING
PLYWOOD
SECTOR
LVL/DVL
HIGH BEAM
AUTOMOTIVE CHEQUERED
SECTOR TRUCK FLOORING
CONTAINER FLOORING
(TB 001)
UPCOMING PROJECTS
BUDGET
SL
COMPANY PROJECT DETAILS (IN CONTACTS TYPE
No.
`MILLION)
Iron & Steel
8 SLR Metaliks SLR Metaliks has invested during the 600-700 Rajkumar Goel, Managing Director, Conceptual
COVID-19 lockdown to increase its Narayan Devara Kere, Lokappana Hola
manufacturing capacity by over 33 per cent to (Near Mariyammana Halli), Hagari
0.4 mn tonne. This capacity enhancement is Bommana Halli, Bellary-583 222,
expected to result in an increase in revenue Karnataka. Tel: 08394-294 061.
by 25 per cent by FY22. E-mail: info@slrm.co.in
Irrigation
9 Himachal Pradesh The Renukaji multipurpose dam project on 69,469.90 Renukaji Dam Project HPPCL, Conceptual
Power Corporation Giri river in upper Yamuna basin of Sirmaur Dadahu Distt. Sirmour-173 022,
(HPPCL) district has received clearance from the Himachal Pradesh.
Department of Water Resources. It is expected Tel: 01702-267 944.
to augment availability of water for Delhi, Fax: 01702-267940.
Haryana, Uttar Pradesh, Himachal Pradesh,
Uttarakhand and Rajasthan, and will generate
40 MW of power during peak flow.
10 Greater The civic body has finalised the tender for a 20 M. Venkateswara Rao, Superintending Under
Visakhapatnam 56-km long open canal, which will be Engineer-(P), Tenneti Bhavan, Implementation
Municipal de-silted. Accumulated silt and debris have Asselimeta Visakhpatnapam, Andhra
Corporation compromised the water storing capacity of Pradesh. Tel: 0891-2746 301.
the canal by about 40 per cent over the years. Mobile: (0) 99121 99298.
The capacity has come down from nearly 17 E-mail: commissioner.gvmc@gov.in
mn gallons per day to around 12 MGD.
Real Estate
12 Krisumi Corporation A joint venture between Japanese 6,500 Akash Khurana, CEO, 461-462, Udyog Conceptual
conglomerate Sumitomo Corporation and Vihar Phase-3, Gurugram-122 001,
Indian auto components major Krishna Group Haryana. Tel: 0124-477 6600.
will invest `6,500 mn to develop the first E-mail: info@krisumi.com
phase of a 65 acre township in Gurugram. The
investment excludes the land cost. The
project is aimed for completion by mid-2024,
with three towers and 433 apartments.
13 Salarpuria Sattva The player in commercial real estate is 6,000 4th Floor, Salarpuria Windsor, #3 Ulsoor Conceptual
Group expanding its residential portfolio and will Road Bengaluru-560 042, Karnataka.
start development of three new projects in Tel: 080-4269 9000.
Bengaluru . These put together will have Fax: 080-42699011.
around 1,200 units, including 500 plots. One
of the projects will be in the affordable
housing category.
UPCOMING PROJECTS
BUDGET
SL
COMPANY PROJECT DETAILS (IN CONTACTS TYPE
No.
`MILLION)
Roads/Highways/Bridges
14 Maharashtra State The final hurdle for the construction of the 7,750 Anil B Gaikwad-Chief Engineer, Nepean Conceptual
Road Development third Thane creek bridge (TCB III), that has Sea Road, Priyadarshini Park,
Corporation been pending for almost a year, has been Mumbai-400 036, Maharashtra.
(MSRDC) cleared. The state revenue department Tel: 022-2368 5909 / 2641 5833.
issued the order to the suburban collector
(Bandra) to hand over the compensatory land
to the forest department in lieu of the
mangrove land.
15 National Highways The foundation stone has been laid for 1,679.50 Bulbul Chandra Das, Deputy General Conceptual
& Infrastructure widening to two lane with hard shoulder of the Manager (P), PMU Ukhrul, Manipur.
Development Churachandpur-Tuivai section of NH 102B from Mobile: (0) 70052 76378.
Corporation 0.000-km to 13.747-km (Package-1A) covering E-mail: gmmanipur@nhidcl.com
a length of 13.75-km.
16 National Highways The foundation stone has been laid for 7,620 Bulbul Chandra Das, Deputy General Conceptual
& Infrastructure four-laning of the Imphal-Moreh section of Manager (P), PMU Ukhrul, Manipur.
Development NH-39 (NH-102) from 330.00-km to 350.00-km Mobile: (0) 70052 76378.
Corporation (Package-I) covering a length of 20-km. E-mail: gmmanipur@nhidcl.com
17 National Highways The foundation stone has been laid for 2,414.20 Bulbul Chandra Das, Deputy General Conceptual
& Infrastructure widening or improvement to two lane with Manager (P), PMU Ukhrul (Manipur)
Development earthen shoulder of the Yaingangpokpi-Finch Mobile: (0) 70052 76378.
Corporation Corner section from 16.900-km to 30.970-km E-mail: gmmanipur@nhidcl.com
(length 14.070 km) of NH 202 Package II
covering 14.07-km.
Water Sector
18 Greater Mohali Area To ensure optimal utilisation of surface 600 Sunil Kansal, Cheif Engineer, Under
Development water and to reduce the load on Room No. 534, 5th Floor, Puda Bhawan, Implementation
Authority (GMADA) underground reserves, the Punjab Housing Sector-62, SAS Nagar, Mohali-160 062,
and Urban Development Department has Punjab.
decided to supply additional 20 million
gallons daily (MGD) water from Phases 5 and
6 of Kajauli waterworks to the residents of
Mohali. A water pipeline for this is being laid
by the Greater Mohali Area Development
Authority (GMADA).
19 Greater Noida The authority has expedited work to start 2,917.70 Deep Chandar, Additional Chief Under
Authority supplying water from the Ganga river to Executive Officer, Plot No. 01, Implementation
Greater Noida residents this year. The Knowledge Park-04, Greater
authority aims to will supply 210 million litre Noida, Gautam Budh Nagar, Uttar
daily (MLD) of water under this project. Pradesh-201 308.
Tel: 0120-233 6030.
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CONSTRUCTION
2 Agricultural Engineering Department Nagapattinam 4,998,180 35,000 / 10,080 18/11/2020 18/11/2020 /
Tamil Nadu 18/11/2020
Details: Tenders are invited for construction of seed storage godown in Sikkal. Contact: Agricultural Engineering Department, 487, Annasalai,
Nagapattinam District. Nandanam Chennai-35, Tamil Nadu. Tel: 044-2435 2686.
RESIDENTIAL/COMMERCIAL BUILDINGS
3 Gujarat Housing Board Ahmedabad 869,816,676 8,700,000 / 20,000 04/12/2020 04/12/2020 /
Gujarat 04/12/2020
Details: Tenders are invited for detail designing and construction of flat type high-rise Contact: GHB New Office, 3rd Floor, Pragatinagar, Naranpura,
residential buildings including on site development with all infrastructure services for Ahmedabad-13, Gujarat. Tel: 079-2744 7011.
economically weaker section at Hathijan - Phase-VI Ahmedabad City under PMAY.
4 Rajkot Municipal Corporation Rajkot 1,728,850,000 NA / 23,500 02/12/2020 02/12/2020 /
Gujarat 02/12/2020
Details: Tenders are invited for Central Zone Package 1 construction work of 984 Contact: Rajkot Municipal Corporation, Krishnanagar City Civic
EWS-I & 960 EWS-II type dwelling unit buildings and commercial complex at TPS-19, Center,Guruprasad Chowk, Doshi Hospital Road, Rajkot- 360
FP No. 12/A & 12/B (EWS-II) and FP-13/B,FP-22/A,FP-25-C (EWS-I) under PMAY. 004, Gujarat. Mobile: (0) 97145 03710.
ROADS/ROAD OVER BRIDGE/BRIDGES/FLYOVERS/HIGHWAYS
5 Ministry of Road Transport and Dhanbad 366,700,000 NA 16/12/2020 16/12/2020 /
Highways Jharkhand 16/12/2020
Details: Tenders are invited for construction of ROB at km-198 of NH-114A at Sapha Contact: Office of the executive engineer National Highway
December 2020
(LC No. 20SPL/E) on EPC mode for the year 2020-21under NH(O). division, Dhanbad Jharkhand.
6 Highways Department Chennai 147,243,000 747,000 / NA 18/12/2020 18/12/2020 /
Tamil Nadu 18/12/2020
Details: Tenders are invited for construction of high level bridge across Coovum River Contact: Metro Wing, Cmdp Circle, Superintending Engineer, H,
connecting 14.4-km of Mount Poonamallee Avadi Road and Paruthipattu Thiruverkadu Cmdp Circle, No.1A, Brahmin Street, Saidapet, Chennai-15.
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PROPERTY RATES
RESIDENTIAL AND COMMERCIAL
MUMBAI
Churchgate 48,000 - 52,000 27,000 - 30,000 Chembur 15,500 - 21,500 16,000 - 22,500
Cuffe Parade 51,000 - 62,000 25,000 - 30,000 Ghatkopar 16,000 - 18,000 14,800 - 17,500
Colaba 37,000 - 45,000 25,000 - 30,000 Kurla 10,600 - 14,200 8,000 - 12,000
Dadar 28,600 - 37,000 19,000 - 25,000 Sion 16,500 - 21,600 15,000 - 22,000
Prabhadevi 30,000 - 37,000 26,500 - 35,000 Wadala 19,000 - 21,500 18,000 - 20,000
Andheri (E/W) 14,000 - 18,500 13,500 - 16,000 Kharghar 6,900 - 9,500 5,500 - 6,900
Bandra (E/W) 33,000 - 42,000 25,000 - 35,000 Nerul 10,500 - 14,500 7,000 - 10,000
Borivali (E/W) 11,000 - 13,500 16,350 - 16,000 Panvel 4,800 - 6,600 2,900 - 5,700
Kandivali (E/W) 13,000 - 17,500 13,000 - 18,000 Vashi 10,500 - 14,600 6,000 - 9,000
Khar (E/W) 33,000 - 39,000 18,000 - 25,000 Kamothe 5,700 - 7,000 6,000 - 12,000
Mahim (E/W) 25,000 - 34,000 15,000 - 22,000 Kalamboli 5,000 - 6,500 2,500 - 4,200
Malad 13,500 - 18,500 12,700 - 14,500 Sanpada 11,500 - 15,800 9,500 - 15,000
Goregaon (E/W) 14,000 - 19,500 12,000 - 15,000 Juinagar 8,000 - 10,000 5,000 - 10,000
Vile Parle (E/W) 26,000 - 31,000 17,500 - 24,000 Koperkhairne 8,800 - 11,600 5,500 - 6,900
Contact: Bhavin Kanabar, Space Realtors (India), Mumbai. Tel: 022-4299 9999. Mobile: (0) 99677 80009. Website: www.spacerealtors.in
Neeraj Agarwal, Sunny Real Estate Consultants, Navi Mumbai. Mobile: (0) 97027 33333. Website: www.sunnyconsultants.com
* The rates are subject to change based on the market fluctuations.
For Advertising
Mumbai - 022-24193000
Delhi NCR - 011-46561840, 46561818
Bangalore - 080-40949259
Pune - 020-26162900 / 020-41201833
Email: Adsales@ConstructionWorld.in
www.ConstructionWorld.in
PROPERTY RATES
RESIDENTIAL AND COMMERCIAL
CHENNAI DELHI
Chennai Residential Commercial Delhi Residential Commercial
*`/sq ft *`/sq ft *`/sq Yard *`/sq ft
Alwarpet 14,000 14,000 Connaught Place 625,000 - 1,150,000 16,400 - 38,200
Anna Nagar 12,000 12,000 Chanakyapuri 1,110,000 - 1,400,000 30,500 - 50,200
Ashok Nagar 9,000 10,000 Defence Colony 550,000 - 700,000 24,200 - 42,500
Besant Nagar 12,000 14,000 Dwarka 125,000 - 310,000 7,700 - 22,600
Egmore 10,000 13,000 Greater Kailash 400,000 - 540,000 24,800 - 43,300
Kilpauk 10,000 12,000 Hauz Khas 445,000 - 575,000 21,800 - 38,200
Guindy 8,000 12,000 Janpath NA 21,600 - 38,000
Kodambakkam 8,000 12,000 Kalkaji 325,000 - 375,000 11,500 - 16,800
Lloyds Road 10,000 14,000 Karol Bagh 225,000 - 480,000 14,500 - 37,500
Mylapore 12,000 14,000 Rajendra Nagar 245,000 - 385,000 13,900 - 29,600
Mugappair 6,000 10,000 Saket 365,000 - 490,000 21,500 - 37,500
Perungudi 7,000 10,000 Vasant Vihar 635,000 - 745,000 22,800 - 39,500
Nungambakkam 14,000 15,000
Raja Annamalaipuram 12,000 15,000 NCR
T Nagar 12,000 15,000
Tambaram 6,000 10,000 Ghaziabad 31,500 - 115,500 5,000 - 7,800
Contact: Prabhu B, Atlas Estates. Tel: 044-4861 6554. Ashwani Singh Virk, Jagson Realtors.
Mobile: (0) 99419 45554. Website: www.atlasestates.in Tel: 011-4175 1117. Mobile: (0) 98101 94724.
* The rates are subject to change based on the market fluctuations.
Adsales@constructionworld.in
PRODUCT PARADE
ACC
Grade 43 6,375 7,600 7,500 8,375 6,200 8,000 7,500 7,250
Grade 53 6,375 7,450 6,500 8,375 6,200 8,000 7,500 7,250
PPC 6,250 7,600 7,500 8,125 6,750 8,300 7,750 7,250
Ambuja
Grade 43 6,375 7,600 7,500 8,375 6,200 8,000 7,500 7,250
Grade 53 6,625 7,450 6,500 8,375 6,200 8,000 7,500 7,250
PPC 6,250 7,650 7,500 8,125 6,750 8,300 7,750 7,250
Ultratech
Grade 43 7,600 7,500 8,375 6,200 8,000 7,500 7,250
Grade 53 7,500 7,450 6,500 8,375 6,200 8,000 7,500 7,250
PPC 7,000 7,600 7,500 8,125 6,750 8,300 7,750 7,250
Birla Super
Grade 53 7,500 7,350 7,500 8,875 7,300 9,500 7,600 6,500
White Cement
Birla 27,500 21,500 20,000 27,500 20,000 20,000 20,700 21,400
JK 27,500 21,500 20,000 27,500 20,000 20,000 20,700 21,400
Coromandel Cement
Grade 43 6,500 NA 7,500 7,500 6,200 8,250 7,550 7,000
Grade 53 6,250 NA 7,250 8,125 6,200 8,250 7,500 7,125
PPC 6,125 NA 7,500 7,875 6,750 8,300 7,500 7,250
Vasavadatta Cement
Grade 43 6,000 NA 7,500 8,500 6,200 NA NA 6,750
Grade 53 6,250 NA 7,500 8,500 6,200 8,250 NA 6,750
PPC 6,125 NA 7,500 8,250 6,750 8,300 NA NA
Mumbai: Tejas J Vora, Recons Group of Companies. Tel: 022-6169 1000, 2617 3045. Mobile: (0) 98336 73045. Shekhar, Neelesh Industrial Agency. Tel: 022-2408 2121.
Mobile: (0) 93247 16192. Kirti Shah, Paras Sales Corporation. Mobile: (0) 92241 87800. Delhi: Girish Agarwal, Mahabir Building Material Store. Tel: 011-2664 2348.
Mobile: (0) 98100 62315. Chennai: C Vijay, Chendur Murugan Cements. Mobile: (0) 96001 67888. Pune: Ravindra, Kamal Distributors. Mobile: (0) 98224 28574.
Hyderabad: Ramesh, Sai Ram Steel Traders. Mobile: (0) 93934 57676, 93927 47575. Bengaluru: A Vinod, Sri Kodikrupa Enterprises. Mobile: (0) 97311 16894.
Ahmedabad: PD Agrawal, Agrawal Traders. Tel: 079-2585 1616. Kolkata: Pintu Roy, Arun Distributors. Tel: 033-2557 8632. Mobile: (0) 98309 97677, 98309 97672.
PAINTS: ENAMEL-WHITE
(4 litre: Price in `)
Mumbai Delhi Chennai Pune Hyderabad Bengaluru Ahmedabad Kolkata
Asian Paints 1,100 900 850 970 930 940 910 1,040
Kansai Nerolac 1,100 900 850 900 930 940 900 1,040
Berger 1,100 900 850 900 930 940 960 1,000
Shalimar 1,100 900 850 900 930 940 910 1,000
ICI 1,100 900 850 900 930 940 960 1,040
18 per cent GST extra (applicable for Chennai)
Mumbai: Pragnesh Kapasi, Poojan Colour Point. Mobile: (0) 78755 18999. Delhi: KL Wasan, Wasan Enterprises. Mobile: (0) 98105 81561, 98716 66577.
Chennai: Umesh Dave, Tamilnad Traders. Mobile: (0) 72000 97550. Pune: Tejas Vora, Shahabad Cement Depot. Tel: 020-2588 5700. Mobile: (0) 99608 00820.
Hyderabad: Mukesh Chaudhary, Tirupathi Hardware. Mobile: (0) 99633 47374. Bengaluru: GV Balakrishna, Balaji Paints and Hardware. Mobile: (0) 94487 55711.
Ahmedabad: Shanti Prajapati, Swastik Traders. Tel: 079-2646 4766. Kolkata: Saif Alam, Hindusthan Paints. Tel: 033-4060 5635, 36. Mobile: (0) 80480 05598.
CLEAR GLASS
(Unit: 1 sq ft; Price in `)
Mumbai Delhi Chennai Pune Hyderabad Bengaluru Ahmedabad Kolkata
4 mm 33 24 39 41 36 32 35 38
5 mm 41 30 49 51 46 40 41 48
6 mm 51 36 59 61 56 48 51 58
Mumbai: Shabbir, Galaxy Glass Dealers. Tel: 022-2568 4351. Mobile: (0) 98207 69157. Delhi: Ajay Dhamija, Ajay Glass. Mobile: (0) 98102 65787. Chennai: Mohammed
Inaamullah, Metro Glass Corporation. Mobile: (0) 98400 30316. Pune: Nomani Kachwala, Poona Glass Depot. Tel: 020-2445 9238. Mobile: (0) 99602 50786. Hyderabad: Firoz
Hussain, Safe Glass Store. Tel: 040-6515 2786. Mobile: (0) 90006 52786. Bengaluru: AV Stayanarayan, Sri Venkateshwara Glass and Plywoods. Mobile: (0) 93437 05809.
Ahmedabad: Anil Maken, Rajkamal Corporation. Tel: 079-2220 4090. Mobile: (0) 93761 12220. Kolkata: Pradeep Khetan, RP Glass Traders. Mobile: (0) 93304 60999.
Granite 155 - 1,700 60 - 200 75 - 280 60 - 800 80 - 100 55 - 400 70 - 250 30 - 300
Marble 70 - 200 55 - 220 60 - 265 70 - 4,000 50 - 120 50 - 460 45 - 200 36 - 250
Makrana 600 - 1,000 250 - 1,100 180 - 850 100 - 1,500 75 - 1,000 50 - 400 65 - 800 300
Kota 33 - 75 28 45 - 75 45 - 70 54 45 30 - 50 48
Cuddappa 36 44 40 - 60 42 43 45 - 60 40 - 60 41
18 per cent GST extra
Mumbai: Sushil Vohra, Vikas Marble & Granite. Tel: 022-2846 4150. Mobile: (0) 98923 43332. Delhi: Alok Hasija, Meera Marbles. Mobile: (0) 98111 11569, 92120 43662.
Chennai: Sunil Agarwal, Sunshine Marbles & Granites. Mobile: (0) 91766 14499. Pune: Santosh Ganeshkar, Mohan Stone Depot. Tel: 020-2612 8805.
Mobile: (0) 98605 03142, 98220 24803. Hyderabad: Mohammad Abdul Muqeet, Super Stones & Marbles. Mobile: (0) 99662 83516, 98855 13354. Bengaluru: Mohammed Ali,
Avon Granite and Marble Company. Mobile (0) 98805 92017. Ahmedabad: Rakhi T Neema, Rudra Ceramic and Stone. Tel: 079-3049 5171. Mobile: (0) 78785 01212.
Kolkata: SK Singh, Durga Marble and Tiles Co. Tel: 033-2552 1425. Mobile: (0) 94333 56962.
December 2020 Construction World 107
www.ConstructionWorld.in
Reinforcement
NEWSMAKERS
POWERFUL MAN OF
LEADER ACTION
Led by its Chief Executive Under the leadership of
Officer SN Subrahmanyan, Sajjan Jindal, Managing
Larsen & Toubro has created Director, JSW Group,
a buzz in the construction JSW Infrastructure – a
industry, as the Heavy Civil part of the JSW Group
Infrastructure business of – recently completed the
L&T Construction has acquisition of Chettinad
secured a mega-contract Group’s port business.
from the National High- This acquisition allows
Speed Rail Corporation JSW Infrastructure
(NHSRCL) - the biggest EPC ownership and
contract awarded in the country to date and the operational control of a deep draft international coal
first-of-its-kind project. It involves the construction of terminal and a Bulk Terminal at Kamarajar Port (KPL) as
87.569 km of the Mumbai–Ahmedabad high-speed well as Coal and Bulk Commodity terminal at New
rail corridor (MAHSR) project, popularly referred to as Mangalore Port Trust (NMPT). The acquired cargo
the Bullet Train project. The group had emerged as the terminals will include a 10 million tonne (mt) common
lowest bidder for the design and construction of 237 user coal Handling terminal and a 2 mt multi-cargo
km long Mumbai-Ahmedabad High-Speed Rail terminal at Kamarajar Port. What’s more, the deal is
(MAHSR) corridor. The EPC major has also executed likely to take the company closer to achieving the goal
various projects for metros in New Delhi, Chennai, of building port capacity that can handle 200 mt of
Bengaluru, Hyderabad, Kochi, Lucknow and Mumbai. cargo by the year 2022.
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