Amar Builders: A Rich Legacy Beckons

Amar Manjrekar
"We ensure timely delivery of products to customers. We ensure ethical business practice in all professional construction services. Till date, not a single client has been dissatisfied with us nor have there been any complaints. In this industry particularly maintenance and quality have been the menace but we ensure we deliver quality driven homes. We establish lasting relationships with customers by exceeding expectations through integrity, innovation and commitment. We offer the best warranties in the industry for all the building projects. We are accountable and accessible. We are a reputed and trusted name in the market," asserts Mr. Amar Manjrekar, Chairman, Amar Builders, in an interview with S.D.Khan.

Please give a brief over view of Amar Builders to our readers with respect to history of operations, focal areas, achievements, and the future plans.
Amar Builders was established in 1978 in Mumbai, with the sole focus on real estate development. After completing a few projects in Mumbai, in 1985 the group shifted its focus to the upcoming Pune market. Since then, over the years Amar Builders has completed over 80 projects all over Pune, covering approximately 7 million sqft. These projects have expanded the real estate to each and every one of its clients group portfolio in the residential, commercial, IT, hospitality, industrial and healthcare verticals. We intend to deliver another 6 million square feet of dwelling spaces in the next five years. Further, we plan to increase our hospitality operations, over Maharashtra and Goa in the next 5 years. We are planning to make our foray in to realty segment of Nagpur and Nasik cities.

What, according to you, is sustainable construction and how have you incorporated this essential ingredient in your real-estate projects? Please explain with examples of residential and commercial projects?
According to us, sustainable construction aims at minimalistic or no hazard to the environment during the entire lifecycle of a building, thus optimizing its economic viability and the comfort and safety of its occupants. As a company we follow sustainable and green concepts in construction. Measures like UPVC windows, vermin-culture, solar water heaters and rain water harvesting are a few initiatives that we keep undertaking. We are going for green building certifications for all of our forthcoming projects.

Renaissance

According to a report by Cushman & Wakefield, tier-II and tier-III cities are being reckoned as the growth engines of the future. How do you see this market and which segment is most promising in these cities?
Tier 2 and tier 3 cities have a lot of growth potential because metros and tier 1 cities are over crowded and there is limited scope for growth. In such cities construction is either happening on the outskirts or the older buildings are going in for redevelopment. However, tier 2-3 cities still have a huge land bank which can be used for new real estate construction purpose. Over the years the Ultra Luxury space supply was generally perceived to exist only in major cities like Mumbai, NCR and Bangalore. However, smaller cities have surpassed in number of ultra luxury projects coming up. Recognizing the fast growing demand for the high-end luxury, Amar Builders has diverted its focus on the high end residential luxury segment in Pune. The focus now is on large format homes, with extraordinary amenities and specifications, specifically designed for clientele that seek a bungalow /villa lifestyle within an apartment format.

Manhattan

"We choose to be honest in all our business interactions and transactions and remain steadfast even when challenged as honesty is the best policy," is Amar Builders' motto. Kindly shed some light on this statement by highlighting the role of transparency between buyers and sellers in real-estate sector?
Over the years, I feel that the construction and real estate industry has become more organized, a lot of procedures has set in the entire process and a lot of transparency now reins between buyers and sellers. We ensure timely delivery of products to customers. We ensure ethical business practice in all professional construction services. Till date, not a single client has been dissatisfied with us nor have there been any complaints. In this industry particularly maintenance and quality have been the menace but we ensure we deliver quality driven homes. We establish lasting relationships with customers by exceeding expectations through integrity, innovation and commitment. We offer the best warranties in the industry for all the building projects. We are accountable and accessible. We are a reputed and trusted name in the market.

Montreal
Project delays become a big headache for developers and buyers in India; what are the reasons for such delays, and how can these be tackled?
Project delays have become the weakest link the real estate industry in the country today. Most of the delays are not due to the shortcomings of the developers, but due to the huge delays caused from the approvals needed to achieve prior to a project commencement. Today any developer must factor in, at least 18 to 24 months from the day of the purchase of land for commencement of work. This immediate delay adds to the land cost and thus eventually to the product cost. The only way to reduce these delay would be to stream line the approvals process.

A project has to pass through 56 windows to get the clearance; don't you think if we have a single window clearance system in place, it can save both time and money?
A single window clearance if achieved can radically change the face of the entire real industry in India. Developers will be able to deliver space not only in time but also for much cheaper for the end user. As for the enforcement of rules and regulations, the single window clearance can be supplemented by a city/local level enforcement body, thus making sure that checks and balance are in place.

How do you see the demand for real-estate in the coming months?
Mid segment housing due to more and more people falling in that category and planning to buy their dream house will drive real estate. Even the ultra luxury segment which is less than 1% of the total real estate construction in India also has immense potential for growth.
NBM&CW May 2013
NBM&CW Celebrates 30 Years of Progress in the Construction Industry

NBM&CW Celebrates 30 Years of Progress in the Construction Industry

This month marks a significant milestone for our publication as we celebrate 30 years of dedicated service to the construction industry. For over three decades we have been relentless advocates for the adoption of technology, equipment

Read more ...

The Future of Indian Infrastructure Construction Landscape

The Future of Indian Infrastructure Construction Landscape

The Indian construction industry is poised for a significant transformation over the next two decades. With a strong focus on infrastructure development, India will invest over 1.40 trillion USD in the next five years on infra

Read more ...

KNR Constructions: Optimizing Project Delivery with Advanced Equipment

KNR Constructions: Optimizing Project Delivery with Advanced Equipment

Mechanization is helping projects become more financially viable. At KNR, we have become self-reliant by deploying our own equipment and new construction methodologies, which is also helping us optimize cost and time during

Read more ...

Volvo CE: Electric Excavators, Wheel Loaders, Haulers & Compactors

Volvo CE: Electric Excavators, Wheel Loaders, Haulers & Compactors

Volvo CE India is a frontrunner in sustainable construction equipment, offering electric excavators, wheel loaders, haulers, and compactors alongside advanced technologies for efficiency and flexible business models to meet evolving customer needs.

Read more ...

Rajpath Infracon: Transformative Technologies Driving Growth Opportunities

Rajpath Infracon: Transformative Technologies Driving Growth Opportunities

Rajpath Infracon recognizes that innovation is the key to building sustainable, efficient, and durable roads for the future. They advocate for the adoption of advanced technologies throughout the entire project lifecycle - from materials and design to construction and maintenance.

Read more ...

AFCONS: Leveraging Technologies Like GFRP, HSFRC, UHPC, Precast & BIM

AFCONS: Leveraging Technologies Like GFRP, HSFRC, UHPC, Precast & BIM

AFCONS Infrastructure is at the forefront of construction innovation, leveraging disruptive technologies like GFRP, HSFRC, UHPC, precast construction, and BIM to address labor shortages, enhance sustainability, and improve project efficiency.

Read more ...

Wirtgen: Cold Milling Machines, Asphalt Pavers & Compaction Equipment

Wirtgen: Cold Milling Machines, Asphalt Pavers & Compaction Equipment

With its innovative and cost-effective road building and rehabilitation machines, the Wirtgen Group has emerged as an undisputed market leader, offering customers tech-rich and value-for-money products.

Read more ...

Godrej Switches to 100% Green Energy; Builds 3D Printed Office from RCA

Godrej Switches to 100% Green Energy; Builds 3D Printed Office from RCA

We have implemented eco-friendly production processes and energy-efficient technologies to minimize our carbon footprint; we also adhere to stringent waste management protocols, and the principles of Circular Economy.

Read more ...

Terex: Cutting-Edge Mobile Crushers & Screens, Washing Systems & Cranes

Terex: Cutting-Edge Mobile Crushers & Screens, Washing Systems & Cranes

Terex India, a leader in materials processing equipment like Powerscreen® mobile crushers and Finlay® screens, is at the forefront of sustainable construction. Their Hosur facility exemplifies operational excellence with a focus on clean energy, environmental responsibility, and digital tools for efficiency across their diverse product range including Terex® Washing Systems, Franna® cranes, and EvoQuip® solutions.

Read more ...

BMC Mumbai: Road Repair with Thin White Topping & Ultra-Thin White Topping

BMC Mumbai: Road Repair with Thin White Topping & Ultra-Thin White Topping

Thin White Topping/Ultra-Thin White Topping overlays are innovative pavement repair and strengthening solutions and are also cost-effective and less maintenance intensive, having demonstrated performance comparable to traditional

Read more ...

ACE: Mobile Crane, Pick & Carry Crane & Backhoe for Next-Gen Construction

ACE: Mobile Crane, Pick & Carry Crane & Backhoe for Next-Gen Construction

Action Construction Equipment (ACE) offers a comprehensive range of construction equipment – mobile cranes, Pick & Carry Cranes, fixed tower cranes, backhoe loaders, and more – while pioneering sustainable solutions and advanced technologies like automation and AI for next-generation construction.

Read more ...

Sanghvi Movers: Leading Crane Rental Industry With End-to-End Solutions

Sanghvi Movers: Leading Crane Rental Industry With End-to-End Solutions

Sanghvi Movers, Asia's largest crane rental company, leverages its extensive fleet of cranes and expertise to address infrastructure growth in India. They offer comprehensive solutions including logistics, erection services, and project management for diverse sectors like wind energy and refineries.

Read more ...

JCB LiveLink & Industry 4.0 for Connected Machines & Smart Manufacturing

JCB LiveLink & Industry 4.0 for Connected Machines & Smart Manufacturing

JCB India leads the way in digital construction with JCB LiveLink for their iconic Backhoe Loaders and other machines, offering real-time data, improved efficiency, and Industry 4.0 adoption for smarter manufacturing.

Read more ...

Adani Group: Driving Construction Innovation with Digital Solutions & AI

Adani Group: Driving Construction Innovation with Digital Solutions & AI

Ambuja Cements and ACC’s focus on Digitalisation and AI-driven strategies are delivering exceptional solutions. By embracing cutting-edge technologies and fostering a culture of innovation, we are offering best-in-class products and

Read more ...

SCHWING Stetter: Batching Plants, Concrete Pumps & Waste Recycling Plants

SCHWING Stetter: Batching Plants, Concrete Pumps & Waste Recycling Plants

SCHWING Stetter India, a leader in concrete equipment, offers a wide range of innovative products – batching plants, concrete pumps, mixers and waste recycling plants – to promote sustainable and efficient construction practices.

Read more ...

Kalpataru Group: Transforming the EPC Industry for a Greener Future

Kalpataru Group: Transforming the EPC Industry for a Greener Future

Kalpataru Group champions sustainable practices in the EPC industry, focusing on renewable energy, green buildings, and innovative technologies for a greener future.

Read more ...

Puzzolana: Leveraging R&D for Advanced Crushing & Screening Equipment

Puzzolana: Leveraging R&D for Advanced Crushing & Screening Equipment

Puzzolana leverages R&D to develop cutting-edge crushing and screening equipment, including high-capacity jaw and cone crushers, for optimized production and reduced costs per ton.

Read more ...

SGES Group: Expert Geotechnical Solutions for Streamlined Construction

SGES Group: Expert Geotechnical Solutions for Streamlined Construction

At SGES, our team brings over 200 years of collective experience in solving complex geotechnical problems; by quickly providing tailored solutions, we assist clients in making timely decisions, thus avoiding time and cost overruns.

Read more ...

Sany: Intelligent Service Platform with Telematics & Electric Dump Truck

Sany: Intelligent Service Platform with Telematics & Electric Dump Truck

Sany India discusses their Intelligent Service Platform with telematics and analytics, commitment to electric vehicles like the SKT105E mining dump truck, and plans for hybrid construction equipment.

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.