Vijay Khetan Group

Anuj Khetan, Director - Vijay Khetan Group
Anuj Khetan, Director
Construction technology is constantly evolving, allowing for faster completion than in previous years. Adoption of technologies such as aluminium formwork are major steps in this direction. This is a versatile construction technology that involves recyclable and reusable materials and results in durable and highly sustainable buildings. By using the aluminium formwork, we are getting accurate dimensions and sizes as per the plans, which reduces the construction cycle time as compared to conventional formwork systems.

Digital launches will boost the developers’ confidence and help revive the Real Estate sector on the back of lower home loan rates and reduction in stamp duty.
The struggling Real Estate sector and the home buyers trapped in Covid–19 worries, have been relieved a bit with the measures being taken by the government. The impact will be a temporary one as the situation is bound to recover sooner or later. The government advisory to avoid social activities is certainly going to impact site visits and housing sales.

Vijay Khetan Group has initiated a digital launch for their upcoming project Codename Amazon in Andheri East. Such digital launches will boost the developers’ confidence and help revive the Real Estate sector on the back of lower home loan rates and reduction in stamp duty

The problem of a shrinking economy can only be solved by lowering the EMI rates, giving enough time to repay loans, and more credit loans.
Krishna Residences
Now that government has allowed the functions of construction activities, it is now necessary to first focus on under-construction projects. Proper health and hygiene will always remain a priority of labourers who are working at the sites. We are conducting medical check-ups to ensure their proper health and have provided labour camps and resources for their daily food and other necessities.

With the economy majorly falling, the government needs to address the problem of liquidity crunch faced by everyone. The problem of a shrinking economy can only be solved by lowering the EMI rates, giving enough time to repay loans, and more credit loans.

The focus of developers and the industry at large needs to be on project completion and timely delivery.
For the speedy recovery of the sector, which was already affected due to pandemic, we expect the government to implement a Real Estate stress fund. A policy to clear unsold inventory first and the most important better clarity on GST. There is great confusion among the taxpayers, as they are clueless about how much they are obliged to pay on purchase of homes. When there is better clarity, buyers will certainly leave the fence and come back to the market.

The industry aspires to see a win-win situation for the developers and homebuyers. With GST, stamp duty, income tax, and capital gains tax already a burden on homebuyers; an income tax rebate could be provided for new home buyers. A temporary suspension of GST or introduction of 1 per cent GST for under-construction properties would help reduce the transaction cost for the homebuyers and would boost the much-needed demand in the market. The focus of developers and the industry at large needs to be on project completion and timely delivery.

A digital revolution will play a big role in delivering services to the people in India.
Given that the Real Estate sector contributes significantly to India’s economic growth, it is important to broadly analyse on how the outbreak will influence this sector, but it’s still premature to assess the current impact.

A digital revolution will play a big role in delivering services to the people in India that aims to achieve seamless delivery of services through digital governance. Consumers will prefer seeing properties online through virtual tours and may not visit the site physically. The industry is taking all possible measures to mitigate the impact of the pandemic on their businesses by ensuring favourable pricing, moderating sales targets, etc, and we hope for the continued support from the Government.

Krishna ResidencesKrishna Residences

The adoption of various revolutionary construction technology is a vital step towards making budget housing available within market-viable timelines.
Use of technologically advanced construction equipment and support of OEMs will help the Real Estate players to make up lost time and complete projects on time. This will help in bringing India a step closer to meet its massive shortfall of affordable housing. Construction technology is constantly evolving, allowing for faster completion than in previous years.

Adoption of technologies such as aluminium formwork are major steps in this direction. This is a versatile construction technology that involves recyclable and reusable materials and results in durable and highly sustainable buildings. By using the aluminium formwork, we are getting accurate dimensions and sizes as per the plans, which enhance the quality of work. Such modern formwork technologies reduce the construction cycle time as compared to conventional formwork systems. Such technologies are being increasingly used by most of the reputed developers in our country.

NBM&CW July 2020

Bhupinder Singh, CEO, bauma CONEXPO INDIA

Exhibitors have welcomed the new dates for bauma CONEXPO INDIA as it will allow companies time to recover from the ongoing crisis and stabilise operations Read More ...

Arvind K. Garg, Chairman, bauma CONEXPO INDIA - Task Force and Executive Vice President and Head - Construction and Mining Machinery Business at Larsen & Toubro

Rescheduling the event to February 2021, would act as a catalyst in the Read More ...

Sandeep Singh, President, iCEMA & Managing Director, Tata Hitachi

The CE Industry is fighting battles on many fronts, including very low levels of plant capacity utilization and sales, and consequent impact on company Read More ...

Mu. Moahan, President, BAI

The government’s new urban development mission and the partnership agreements between urban local bodies and foreign players are expected Read More ...

Dimitrov Krishnan, MD, Volvo CE India

The central government should form a task force of ministers to review progress reports and identify issues that need to be resolved to kickstart the Infra Read More ...

Ramesh Palagiri, MD & CEO, Wirtgen India

Rebooting activities in the Infra sector and more so in the road sector is critical for the economy. We expect the road construction activity to pick up pace from Read More ...

Deepak Garg, Managing Director, SANY India & SOUTH ASIA

Technological evolution at frequent intervals, manpower management, right allocation of budget, and efficient management of cash flow Read More ...

Devendra Kumar Vyas, MD - Srei Equipment Finance Limited

The Government’s commitment is evident from its initiative of setting up NIP involving investments of Rs. 111 trillion over five years up to 2025. Read More ...

Jasmeet Singh, AVP, Corporate Communications, JCB India

Going forward, two key sectors are set to emerge and drive demand for construction equipment – first being the development of infrastructure in Read More ...

Sorab Agarwal, Executive Director, ACE

The CE industry will see growth in FY2022 - in similar numbers as seen in FY2020 - as are we are sure that the Government will find ways to keep the ball rolling Read More ...

Anuj Dayal, Executive Director, Corporate Communication, DMRC

Despite use of cutting-edge technologies in construction, mammoth projects are still dependent on labour involvement and their shortage Read More ...

Anand Sundaresan, Managing Director, Ammann India

Going forward, from FY 2021 beginning, we can expect many contracts being finalized by the Central and State governments Read More ...

Ajay Mandahr, CEO, Escorts Construction Equipment

The CE sector has a great future ahead and we expect 20-25% growth from next year onwards for the next 3-4 years. The anticipated recovery in the H-2 Read More ...

Puneet Vidyarthi, Brand Leader, CASE India

We are confident that the several measures announced by the government to reinvigorate the infra sector and revive the economy will help bring back Read More ...

Jaideep Shekhar, MD (Asia & EMEAR), TEREX Materials Processing India

We expect to see a modest growth in demand in 2021 vs 2020 and then a much steeper growth 2022 onwards. Most of the demand is expected to come Read More ...

Abhijeet Pai, President, Puzzolana

Since there is a lot of scepticism in the banks and NBFCs, we should take a more collaborative approach with the lenders so that they can repose more faith Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week