Real estate developers in India are planning alternative measures to cut down costs of construction by about 15 to 20% owing to the recent hike in raw material inputs costs for construction, especially, cement. Red Fort Capital, in association with Nagarjuna Constructions and DLF, has replaced the use of cement in residential and hotel projects with cellular light weight concrete.
Besides, Red Fort Capital is currently talking to big developers in India to replace the use of cement with cellular light weight concrete. "This will benefit real estate developers in reducing costs of construction by 15%.
This is an emerging trend in the Indian real estate market," Kuldip Chawlla, director, Red Fort Capital Advisors Private Ltd, told FE.
According to Chawlla, “Cellular light weight concrete reduces the weight of cement needed in beams and columns, making them more durable, long lasting and generate cost of savings of upto at Rs 100 to Rs 200 per sq ft. Not only that, with the use of cellular light weight concrete, developers will be able to build affordable homes targeted at middle income groups at a much faster pace. ”
Big developers such as Larsen & Toubro, Hiranandani Constructions, Rahejas, Unitech, DLF and Kalpataru are looking at using cellular light weight concrete instead of cement for certain projects. Red Fort Capital is currently talking to these players to provide them with alternative options in construction.
2 comments:
Hi there, awesome site. I thought the topics you posted on were very interesting. I tried to add your RSS to my feed reader and it a few. take a look at it, hopefully I can add you and follow.
Semi Modular Kitchens Chennai
How Mr Benjamin Lee service grant me a loan!!!
Hello everyone, I'm Lea Paige Matteo from Zurich Switzerland and want to use this medium to express gratitude to Mr Benjamin service for fulfilling his promise by granting me a loan, I was stuck in a financial situation and needed to refinance and pay my bills as well as start up a Business. I tried seeking for loans from various loan firms both private and corporate organisations but never succeeded and most banks declined my credit request. But as God would have it, I was introduced by a friend named Lisa Rice to this funding service and undergone the due process of obtaining a loan from the company, to my greatest surprise within 5 working days just like my friend Lisa, I was also granted a loan of $216,000.00 So my advise to everyone who desires a loan, "if you must contact any firm with reference to securing a loan online with low interest rate of 1.9% rate and better repayment plans/schedule, please contact this funding service. Besides, he doesn't know that am doing this but due to the joy in me, I'm so happy and wish to let people know more about this great company whom truly give out loans, it is my prayer that GOD should bless them more as they put smiles on peoples faces. You can contact them via email on { 247officedept@gmail.com} or Text through Whatsapp +1-989 394 3740.
Post a Comment