Page 6 - Built Expressions - Online Construction Magazine - November 2014 Issue

Editor’s Space Use of Construction Equipment & Tools Inevitable for the Progress Ajit Sabnis ith the new government frmly in saddle under the dynamic leadership Editor-in-Chief of Sri Narendra Modi and development as its main agenda, India is Wpoised to see some substantial growth in construction arena. In the very recent past, we have also witnessed some decisions and shifts in respect of relaxed rules for FDI by reducing minimum built-up area from 50000 square meters to 20000 square meters. It has also brought down the minimum capital requirement to USD 5 million from USD 10 million. As reported in ‘Financial Express’, “These measures are expected to result in enhanced infows into the construction development sector… It is likely to attract investments in new areas and encourage This edition of development of plots for serviced housing given the shortage of land in and around urban agglomerations as well as the high cost of land”. Built Expressions is and thereby provide homes to every Indian family by 2022, presents an optimistic The government has also promised to implement ‘Affordable Housing Policy’ entirely dedicated business opportunity to the extent of 150 billion USD. The real estate industry now to Dr.CSV, one of the also has real hopes of being granted the coveted industry status, which will further ease fund fows. In addition to the above, development of 100 smart cities will also remarkable human give a tremendous push to the real estate sector. The marching ahead of our construction industry without being stopped is beings and a technocrat a necessity for the development of India. In spite of serious problems such as beyond words. His labour shortage, non availability of cash fow, spiralling material costs, all kinds life, a teaching to of negativisms, there have been many dramatic changes in terms of the structures that are being built all around. There also is a paradigm shift in our thinking in many, inspires to lead respect of using various tools, equipments and new generation materials. In today’s context, modern tools and equipments have not only allowed us to overcome the a life with utmost usual mumble at a project site but have helped the industry to increase the overall humility yet flled with speed, productivity and timely completion. Without many of today’s modern tools and equipments, it is even doubtful whether most projects that have been taken up unparallel wisdom. The in recent years could be easily completed. Modular Design and Precast Technology are among other trends that construction industry show promise in the construction industry. There are many benefts to such a has lost a man who stood construction approach. In addition to the shorter production cycle, quality and safety, the enhanced sustainability is most compelling. The use of eco-friendly on a high pedestal of materials, self sustaining energy options, clean design lines also make these impeccable integrity. modular structures ideally suited to the changing demands of the market. While a number of construction principles will continue to remain in practice well into the He was a constant future, there is a clear shift toward more eco-friendly and energy effcient structures. guide in mentoring We also see a trend in the construction industry that due to advancements in construction methodologies, more and more factory made elements are being Built Expressions. implemented in projects. Further, the stringent norms in respect of environmental issues are forcing the manufacturers to be more eco friendly in their approach. This edition of Built Expressions carries a comprehensive coverage on various possibilities construction mechanisation, importance of construction equipment and views from industry experts. As the year is coming to an end, we keep our aspirations and inspirations high and surge ahead to serve you better. BE PG 6 Built Expressions Vol: 3 Issue: 11 November 2014