construction times rni no.: maheng/2014/55864  vol. 6  issue: 4  mumbai  august 2019  price: `100  pages: 132 innovative & informative finding a better way for ready-mix concrete business jcb is the global leader for telehandler providing global solutions for material handling requirements. ready-mix concrete customers need strong, profitable and productive machines that give their company a business edge. jcb telehandler 530-70, brings an industry first, a one machine solution to your rmc needs. be it, unloading & loading material, stock piling, feeding plant hoppers, maintenance jobs at height or any other lifting and loading applications, this material handling expert fits it all.! enhanced reach of up to 22 ft large bucket size of 1.4 cu m 4wd for improved fuel efficiency high heaping height with better reach and stability advanced telematics for monitoring machine performance 24x7 a host of attachments for multiple operations #expectmore call our experts today, to build your business toll free no.: 1800 1037 386 | visit: www.jcb.com

e h t high-efficiency performance workhorse delivering the edge: e xcellence in esign for reater fficiencies g e d model: asp 7011 stationary concrete pump ajax engineering pvt. ltd. (formerly ajax fiori engineering (i) pvt. ltd.) ajax, a legendary concreting equipment player renonned both for its engineering expertise as nell as for its product afterysales support netnork, is truly a norldyclass leader in providing concreting business solutions that makes concrete sense. today, over 17000+ concreting equipments are norking satisfactorily across the length & breadth of the country in varied applications nith its nide spectrum of business segment expertise. toll free: 1-800-419-0628 www.ajax-engg.com self-loader batching plant concrete pump boom pump transit mixer

building a new tomorrow www.lntecc.com you cannot ansfer tomorrof’s challenges fith today’s capabilities. the future fill seek those fho can build big, build fast, build smart. at project after project, fe have demonstrated the ability to meet the most demanding requirements of speed, scale and complexity. at l&t construction, fe have the experience and the expertise to turn challenge into opportunity. we are ranked among the forld’s top international contractors. our track record extends across the globe. team l&t has on board industry’s finest talent. skilled, trained and experienced, every member of the team is committed to leveraging advanced construction technology to energize a collective vision - building a nef tomorrof. regd. office: larsen & toubro limited, l&t house, n. m. marg, ballard estate, mumbai - 400 001, india cin: l99999mh1946plc004768 a brand of larsen & toubro limited

afcons infrastructure ltd is part of the shapoorji pallonji group six decades of consistently delivering complex projects on, or, ahead of schedule our focus areas include marine, roads & highways, bridges, rail & metro, tunnels, oil & gas operations in asia and the middle east; dominant presence in africa ranked 10th in marine and 22nd in bridges, globally, by engineering-news record (enr) survey, usa contact: afcons infrastructure limited afcons house, 16, shah industrial estate, veera desai road, azadnagar, andheri (w), mumbai – 400 053, india tel no: +91 (0)22 67191000 fax: +91 (0) 22 2673 0026 / 0047 / 1031 cin: u45200mh1976plc019335 website: www.afcons.com

home loans schemes to customers wherein the customer pays 20% upfront and the balance 80%, i.e. the loan component needs to be serviced by the customer, post possession. in many cases, customer started servicing the loan post possession or 2-3 years, whichever is earlier. the loan was disbursed by the hfc at the beginning of the contract; the developer would utilize these funds during the construction period and service the loans till possession. this helped developers to raise loans on the back of the credit profile of its retail borrowers at competitive rates. in case of any default by the developer, the eventual risk falls on the retail borrower. after the regulators clamped down on such advance disbursements facilities, developers launched subvention schemes in which interest till possession is paid by the developer on behalf of the buyer; even in these loans, the period of subvention may be capped to 2-3 years. such loans don’t offer any direct funding to the developers but helps in facilitating sales. the subvention schemes augur well for the customer to manage his cash flows. most customers may be staying in leased premises and may otherwise be stretched to pay both home loan emi and rentals. nhb’s concerns: market sources suggest that hfcs may have disbursed such loans faster than required by the project. some of these funds may be taken out of the project by the developer. in case the developer defaults, the eventual liability falls on the retail customer. in many cases, every payment slab may not require approval of the customer. this seems to be nhb’s key concern. ‘ring-fencing’ rera prescribed to avoid diversion of funds as well developers typically seek slab-wise payment from customers. these are linked to project completion milestones. however, the milestones payment schedules are not appraised nor challenged by the customer or hfcs. this led to a practice of developers drawing funds faster than that required by the project and diverting to other projects. this is the key reason for rera to prescribe ring-fencing project cash flows. subvention schemes—an alternate form of discount to boost sales real estate companies continued to depend on subvention schemes as an alternate form of discounts (typically worked out to be 10-12% of gross sales value at interest rate of 8-9%). we had seen increased sales momentum on the back of such subvention schemes on a project-specific basis. our interaction with real estate players in bangalore suggested they rarely adopted subvention schemes to boost sales. on the other hand, companies in our coverage universe in mumbai and ncr admitted to using industry voice rera prescribed ‘ring-fencing’ to avoid diversion of funds as well developers typically seek slab-wise payment from customers. these are linked to project completion milestones. an element of subvention schemes, they do not foresee any liquidity concerns, owing to strong balance sheets. in our view, subvention schemes acted as an indirect discount to incentivize sales besides easing out cash flow constraints on buyers of real estate—consequently withdrawal of such subvention schemes could add to the sector troubles, and may risk slowing sales velocity and/or asset prices. concerns on linkages between developer funding and retail home loans nhb seems to be monitoring various avenues of developer funding, especially in light of liquidity challenges faced by the developers. such loan schemes highlight the inter-linkages between wholesale and retail loans, raising some concerns on sustainability of the pristine asset quality of retail home loans against a backdrop of severe crises faced by developers. risk of slowdown, retain cautious stance we don’t have any published data on the volume/proportion of business through such subvention schemes, neither from developers nor hfcs. market sources suggest that such schemes are prevalent in mid-to-higher end. the real estate sector has anyway been facing severe challenges on the liquidity front. subvention schemes boosted sales to some extent. exhibits 1 and 2 show that real estate sales have been strong for the past few months even as developers have been struggling on the liquidity front. any slowdown in retail sales will further add to liquidity challenges. against this backdrop, we remain cautious on the housing ct finance sector. “national housing bank’s directive to restrain the hfcs from offering loans for subvention schemes offered by builders will arrest the momentum that has gathered during this financial year so far. the subvention scheme is a tool that propels inventory off take and has helped reduce inventory overhang across markets. in an industry infamous for delayed possession timelines, barring a handful of real estate developer brands, this has actually helped shift this burden onto the builder while simultaneously compelling them to be mindful of challenges that accrue due to delayed possession. whereas, the industry which is beset by the problems of hindered and heavily delayed projects will be relieved by this directive as the progress of the under-construction projects will be monitored by hfcs and bring in a regulated and process-oriented mechanism that will focus on project execution. what is relevant in this context is apparently the primary objective is to make loan disbursements by the housing finance companies strictly linked to slab-wise construction progress of the respective project. this should subsequently bring down the prevailing fraud cases to protect the home buyers. the industry is looking for measures to help accelerate the momentum and this move to end loans for subvention schemes will further tighten the noose in an industry already reeling from a liquidity squeeze.” - tushad dubash, director, duville estates august 2019 | construction times | 21

august 2019 | construction times | 25

guest column horticulture to taxonomical botany in the urban forest that will make learning more receptive and more enjoyable. the prime goal of this project is to provide spaces for healthy interaction between people of all age groups, along with giving them a holistic approach towards a better living environment. an attempt is made to create a destination for tourists and residents, both young and old. into the project started with site survey & analysis. a contour survey, which gave us an insight topography, assessment of existing natural vegetation and existing soil condition. the landscape restoration plan aimed at improving native vegetation and biodiversity. the existing microclimate the entire land was a hillock devoid of any good vegetation. big rocks, small stone partition walls with dried rank vegetation dotted the landscape. the microclimate was quite hot and humid. there was no distinct difference in temperature from the surrounding areas. this gave rise to us who were trying to create a temperature drop by an allocation of trees and water bodies. it will help in heat mitigation, reduce heat island effect and create a pleasant environment. s.w.o.t analysis : strengths • area is growing as a residential hotspot. • the proposed access road to facilitate the zone. • close proximity to ghodbunder highway. • proximity to mumbai & navi mumbai. weakness • lots of contours on the site • no much tree cover • land still to be acquired fully of transportation, i.e. "the discovery of the wheel" which has significantly brought a change to humankind through an apt landscape design. the design evolves out of this need of making the garden a tranquil place offering a spectacular visual and spatial experience for visitors, telling the story of plants in all-weather ‘edutainment spaces’. the vision is to create an ecologically designed retreat for learning by preserving, rehabilitating, and adaptively reusing its existing features. also, carefully adding structures and landscape features to support new uses and engaging programs addressing sustainability and environmental education. the 11.73 acres master plan (children traffic park & urban forest) takes its inspiration from the indian values and manifests itself into a highly sophisticated and integrated 3d network of horticulture, art, engineering and architecture. the design includes the creation of an encyclopedia of plants and fostering applied she is a greenspace consultant for atal mission for restoration & urban transformation, maharashtra, completed over 70 projects. empanelled in municipal corporations of mumbai, thane, navi mumbai, pune, kalyan, ulhasnagar, jaipur dev authority, jktdc etc currently working with smart cities and completed godavari river bank restoration, powai lake etc.. -dr. aseem gokarn harwansh (consultant - landscape & horticulture) august 2019 | construction times | 27

big five udhampur-srinagar-baramulla section. the cost of the bridge is estimated to be rs 12,000 crore. kashmir area is considered a terrorism-prone region, which makes it challenging for the authorities. designed by consultants from finland and germany, the bridge is ‘blast-proof’. the concrete pillars of the bridge have been designed to withstand explosions. for this, the bridge includes a 14 metre-wide dual carriageway and a 1.2 metre-wide central verge. the bridge is being built with 63 mm-thick special blast- proof steel. defence research and development organisation (drdo) is working with railways to make sure that the bridge can withstand any major blast. the high-velocity wind is another issue in the region. the indian railways plans to install sensors on the bridge to check the wind velocity. whenever the wind speed exceeds 90 kmph, the signal on the railway track will turn red to stop the train movement. the arch bridge has been designed in such a way that it can bear earthquake forces of zone v, even though the site falls under zone iv. zone v is the highest intensity zone in the country. 24,000-plus tonnes of steel being used for the construction of the bridge. steel is more economical and can take temperatures as low as -20 degrees celsius. iron can also resist speeds of above 250 kmph as well. august 2019 | construction times | 33 chenab river railway bridge indian railways, the national transporter is building the world’s highest bridge over the chenab river. this arch bridge in jammu and kashmir is made at a height of 359 metres above the chenab river. the bridge which started its construction in 2004 is expected to be completed by december 2019. an engineering marvel, this arch bridge is 35 meters taller than the iconic eiffel tower in paris. the1.3 km long chenab railway bridge is a key link in the 111 km long katra and banihal railway line which is part of kashmir railway project’s

80

afcons infrastructure founded in 1959 and based in mumbai, afcons infrastructure limited operates as a subsidiary of shapoorji pallonji & co., ltd. afcons infrastructure limited functions as engineering, construction, rehabilitation, and infrastructure company in india and internationally. it operates and provides services in the sector of bridges, flyovers and viaducts, marine works, roads construction, general civil engineering works, industrial structures, power project, pipeline, tunnels, and intake and outfall structures. the company handles various projects, such as jetties, breakwater, docks, harbours, and cofferdams, along with special foundations, which includes drilling and grouting, ground anchors, micro piling, and soil exploration works. it serves various projects in iraq, saudi arabia, oman, qatar, yemen, ethiopia, sri lanka, and nepal. afcons infrastructure limited was formerly known as asia foundations and construction limited and changed its name in august 1996. shapoor mistry is the chairman of afcons. adani ports and special economic zone ltd. adani ports and special economic zone limited (adani ports & sez) is india's largest private multi-port operator and india- based port infrastructure company. it is a part of the adani group, an integrated infrastructure corporation. the company is involved in the business of developing, operating and preserving the port and port-based related infrastructure facilities,which includes the multi-product special economic zone (sez), dredging and reclamation solutions, primarily for port and harbor construction.. its segments include port and sez activities, other segment which mainly includes aircraft operating income and services. its port services include marine, handling intra-port transport, storage, other value-added and evacuation services for a range of customers, primarily terminal operators, shipping lines and agents, exporters, importers and other port users. it accounts for nearly 25% of the cargo movement in the country and operates approximately 10 ports/ terminals spread across over five states of india, including gujarat, goa, andhra pradesh, tamil nadu and odisha. karan adani is the current ceo of the company. august 2019 | construction times | 45

pmknows #mortar solutions plastering | screeding | special applications calling all material manufacturers. make your material compatible with our machines mechanized solutions from putzmeister putzmeister has over 60 years of experience in providing proven solutions for concreting, shotcreting, plastering and industrial solids applications across a wide range of infrastructure, housing, mining, tunnelling, energy and environment projects. one of first products putzmeister offered at its inception was a plastering machine invented by the company’s founder. we have come a long way since those early years. when it comes to mechanized plastering (pre mix sand cement and gypsum), screeding and special applications such as fire proofing, grouting and sound proofing, the true performance of your materials can be realised with putzmeister’s range of mortar machines. plaster teams can complete the work faster, with a superior finish, and use manpower more efficiently. and you can benefit from a higher turnover and profits. get in touch with us to learn about how you can make your material compatible with our machines. putzmeister concrete machines pvt. ltd. whatsapp : +91 91585 34123 mail web : marketing@pmw.co.in : www.putzmeister.com point your phone camera at this qr code to view a plastering demo video

infrastructure “you click, we plant.” through this initiative, tata projects envisages to plant approximately 2,50,000 trees at its various project sites in the year 2019-20. in conserving the environment for a sustainable future? tata projects is a responsible corporate citizen and understands its duties towards the environment. hence, we ensure that optimum efforts are taken towards undertaking eco- friendly initiatives at all our project sites. as part of our green thumb initiative this year, tata projects and its associates intend to undertake a nationwide tree plantation campaign that is based on a unique online participation model of, “you click, we plant.” through this initiative, tata projects envisages to plant approximately 2,50,000 trees at its various project sites in the year 2019-20. green thumb is a truly unique initiative as it is led by an online `promotion’ wherein the `trees’ are attributed for `clicks’ received on its microsite. people can click on the microsite - if clicks received are more the cause by clicking on than trees planted then these are attributed to the cause of protecting the environment. every citizen is encouraged to do their bit for the environment, and express support for the green thumb microsite www.tplgreenthumb.com ; or on facebook page www.facebook.com/ officialtplcommunity/ or on linkedin page in.linkedin.com/company/tata-projects or on company website www.tataprojects.com how robust is your order book until 2022? our order book has witnessed approximately 38 per cent cagr growth over the last three years. hence, looking at our recent performance and upcoming market opportunities – tata projects remains confident and optimistic about ct the future. august 2019 | construction times | 49

infrastructure has the $650 million fund raise for redemption of bonds complete? how long will it take to complete the raising? we have got overwhelming response for fund raising. any new development will be ct updated through media releases. gdp fluctuations, consumption, and overall market demand: • strategic asset base • customer centricity • long term contract • diversified cargo base we continue to follow same approach in future as well to ensure sustainability of growth. given the scenario, what is the kind of investments planned for fy20 and coming years? we are looking at capacity expansion or new capacity development for: • lng/lpg • cargo handling capacity at vinzhinzam port strategic capacity expansion in chennai and dhamra area • logistics expansion: currently from 3 logistics parks to 15 parks • rakes: currently from 20+ rakes to 100+ • rakes integrated technology logistics model leveraging are you looking at new lng terminals in india or abroad? we keep evaluating business opportunities based on hinterland cargo potential. lng/lpg is definitely one of the strategic area that we focus on. new august 2019 | construction times | 51

infrastructure encouraging start in the railways segment. our outlook for all these segments is very positive, and we see a good rise in the demand for quality work across the length and breadth of the country. allocation of funds for the national highways authority of india (nhai) has been hiked by 21 per cent for fy 2019-20 as the government prepares a blueprint for executing bharatmala projects in a time-bound manner. nhai has the approval to raise rs 75,000 crore during the current year, and government support of rs 36,691 crore has been sanctioned. with recapitalisation initiated by the government, what kind of improvement do you expect in the funding? funding for the required nhai has almost tied up for additional funding through bond market and international funding. nhai is very keen about making available the development, operation and maintenance of the road projects to cater the target for the daily road construction as 40km which was earlier30km / day, nhai is also exploring the possibilities for meeting the fund requirements by monetising the existing road assets. this financial year, the allocation has been made to the nhai for significant works under the bharatmala pariyojana, entrusted to the organisation for execution. the money will come from the central road infrastructure fund (crif), permanent bridges fee fund (pbff), and monetization of national highways fund (mnhf). the provision is mainly for expenditure on maintaining national highways is financed from central road infrastructure fund. the overall allocation for nhai has seen a rise in the last couple of years; the authority’s iebr (internal and extra budgetary resources) has increased. highlight the three significant challenges faced by the segment? the biggest challenges continue to be the land acquisition process, the availability of a skilled workforce and clearances from concerned departments. although there are other problems also that make the project execution suffer; these include political interferences, vandalism and availability of raw material. smart cities, ports, airports, metros, highways and rural road development, which segment do you see the maximum demand coming for your company? our core business continues to be highway construction and power, and we are confident that we will bag big-ticket projects in this segment. further, we are gaining strength in power t&d (epc), railways and city gas distribution. we are already exploring opportunities in smart cities and will share development in the same soon. how is your order book looking for the next three years? we will keep on growing by 20-30% as sufficient suitable opportunities in the sector are ct in the pipeline. august 2019 | construction times | 53

hiranandani group hiranandani group has been one of the most premium real estate developer in india with more than 40 years of experience in this business. since its inception in 1978, trust of the people in hiranandani group has been the foundation for success, and their unwavering faith motivates them to serve even more. thousands of families who have created a future with the group will testify for the value that hiranandani has added in their lives. hiranandani acknowledges the possibilities that the technology offers; that’s why they have incorporated technological innovations in real estate projects and give people excellence and precision in everything. ultimately, providing an amazing experience to the people in their endeavour. creating superior value for customers, business associates, society and stake holders on a continuous basis. that’s the vision that the hiranandani group was born with. to create integrated townships and lifestyle patterns that provides more than just spaces to live and operate out of. keeping this vision very close to heart, they have become the real face of a new generation. they have become the collective psyche of a vibrant india’s energy, drive and vitality. the group as they claim have become the language of a new passion, of affluence, of happiness that begins with an individual, and culminates into the wellbeing of an entire society. lodha developers ltd in mumbai, lodha group is a privately-held real estate developer based india was established in 1980 by mangal prabhat lodha. the company is among india’s top real estate companies known for its world-class commercial and residential properties. their majority of properties are located in mumbai. they also have a presence in hyderabad, pune and london. abhishek lodha, son of mangal prabhat lodha, is in charge of the company’s development in mumbai. some known projects are lodha bellissimo, mumbai’s first invite- only project, and the world towers which includes world one that will be the tallest residential-only structure in the world. the group has made several acquisitions including the washington house property on altamount road from the american government for rs. 341.8 crores. currently, under construction, altamount is located at the world’s ten most expensive streets per sq.ft. price for properties. in 2010, they recorded the biggest land deal in india to date by buying a plot for rs. 4,053 crores from the mumbai metropolitan region development authority, for developing a neighbourhood region called new cuffe parade. in 2012, they recorded the biggest land deal in mumbai’s prime location from dlf for approximately rs. 2,700 crores. the group made its entry into the united kingdom by buying macdonald house in central london for 3,120 crores from the canadian government. the company also acquired a premium site near covent garden in prime central london that took their combined investment in the united kingdom to roughly gbp 400 million. in 2014, the group acquired a 24-acre plot of land from chemical producer clariant for rs. 1,154 crores in thane in the mumbai metropolitan region. mahindra lifespace developers ltd mahindra lifespace developers ltd. (formerly mahindra gesco developers limited) is the real estate and infrastructure development arm of mahindra & mahindra ltd. gesco corporation limited was incorporated as a private limited company on 16 march 1999 which was converted to a public limited company on 18 august 1999. real estate gesco was originally the real estate division of great eastern shipping and was spun off into an independent company in april 1999. in 2001, gesco corporation and mahindra realty & infrastructure developers ltd (mridl) demerged the realty and infrastructure divisions of mridl and merged it into gesco. in 2007, the company name was changed from mahindra gesco developers limited to mahindra lifespace developers ltd. (mldl) sobha developers: founded in 1995, sobha limited is one of the fastest-growing and foremost backward integrated real estate players in the country. it means that the company has all the key competencies and in-house resources to deliver a project from its conceptualisation to completion. sobha is primarily focused on residential and contractual projects. the company’s residential projects include presidential apartments, villas, row houses, super luxury & luxury apartments, plotted developments and aspirational homes. in all its residential projects, the company lays strong emphasis on environmental management, water harvesting and highest safety standards. on the contractual projects side, the company has constructed a variety of structures for corporates including offices, convention centres, software development blocks, multiplex theatres, hostel facilities, guest houses, food courts, restaurants, research centres, and clubhouses. sobha limited is one of the biggest real estate companies in india that also operates in the middle east. they have a footprint in uae, oman, singapore, and bahrain. it was founded in 1995 by p. n.c. menon as a real estate firm and construction contractor. he has won several awards, including the management leadership excellence award from calicut management association. sobha has offices and projects in cities like bangalore, gurgaon, chennai, mysore, cochin, calicut, thrissur, pune, and coimbatore. the head office of the company is based in bangalore. sobha ltd. has completed more than 100 real estate projects and more than 250 contractual projects. in total, they’ve completed projects in 13 indian states and 24 cities. the annual revenue of the company is around 25 billion inr, while it employs approximately 3,500 people. tata housing development: the company was established in 1984 by the late jrd tata. it was revived in 2006 under the leadership of brotin banerjee, managing director and ceo of tata housing development company limited. its current managing director is sanjay dutt. since 2006 the company has developed into one of the leading holistic real estate development company and has built many landmark projects across india. tata housing pioneered the concept of low-cost housing aimed at the economically weaker section of society. it pioneered the concept of sustainable green development with its first commercial project – xylem in bengaluru (bengaluru's first sustainable it park). the project was awarded a gold certification by leed, and since then every project of tata housing, from low-cost housing and affordable housing to ultra-premium luxury projects, are all sustainable green developments certified by the indian green building council. the company currently has 45 million sq.ft under various stages of development. in 2010, tata housing launched tata value homes; it is 100% subsidiary to cater to low-cost and affordable housing in india in the price range of rs. 4–10 lacs, with the vision of bridging the huge shortfall of over 26 million households in india. august 2019 | construction times | 55

real estate we keep altering our product mix to meet the evolving needs of discerning home buyers as also the aspirational home seeker. so long as we read the demand correctly as also provides products to suit those, it should continue to be smooth sailing correctly as also provides products to suit those, it should continue to be ‘smooth sailing’. the company is largely believed to cater to upper middle class and the premium and luxury segment. which segment according to you holds the future potential and why? there are two distinct and separate answers to this. overall, india will see a demand for ‘affordable housing’, and this will grow along peripheral areas of tier 1 as also across tier 2 and 3 cities. in metro cities, the cost of land and other resources necessary for construction give us a high price point, and in such a scenario, premium and luxury are the segments that make business sense to work in. we have on-going projects where demand is good; offtake is high. where tweaks may be necessary are creating distinct products for aspirational home seekers as also the discerning home buyer. rental is another segment which we see having good future potential, given the proposed new rental laws. what is the current level of inventory for the industry and the company as well? we now deliver a good mix of ready to move in homes as well as under –construction in ordr to cater different market mix. what is the kind of investments we are looking at in fy20 and which are the new projects that are coming up? across segments and new asset classes in the industry, there are various on-going projects as also projects on the drawing board which call for huge amount of investments. for example, the first data centre building we are putting up at panvel will entail an estimated expenditure of rs 1,000 crore till december 2019, by when the building should be ready for fit-outs. we have plans for five such buildings in panvel, as also in chennai. similarly, in warehousing and logistics, we will offer an integrated township with light industrial as also affordable housing for the workforce, along with social infrastructure, so our first two such forays, located at chakan near pune and oragadam near chennai. the company shall keep investing in the growth potential feasible asset class to tap the innovative opportunities. which are the new locations company is planning to enter into and into what segment? we keep various evaluating new segments as also new markets in which we can work as per new trends. we are looking at new locations for premium and luxury residential real estate; rental with sub-segments like student housing, co-working and commercial real estate ; integrated township with light industrial, warehousing and logistics; data centres and so on. apart from existing locations like mumbai, thane, panvel and oragadam-chennai; we are working at setting up projects in pune ct and nashik. august 2019 | construction times | 57

a good fit a good fit on any site on any site ammann ap 240 pneumatic-tyred roller what will the next jobsite bring? whatever the challenges, the ammann ap 240 will be up to the task. the tyred roller features a variety of ballasting options that help it adapt to multiple applications. further flexibility is provided with the air-on-the-run system, which the operator can use to adjust tyre pressure without ever leaving the cab. oscillating axles ensure thorough coverage, while an intuitive dashboard helps operators excel. easy access to service points makes maintenance quick and cost effective. ammann india private ltd., plot no.2,143,144, at - ditasan, post - jagudan, state highway, ditasan, mehsana, gujarat, pin code: 382710 phone + 91 27 626 62 200, fax + 91 27 626 62 222, ankur.tiwari@ammann.com for additional product information and services please visit : www.ammann.com pmp-2236-00-en | © ammann group

expand and strengthen its product portfolio, ace has recently entered into a sales & service partnership with sunward (leading manufacturer of underground and construction equipment globally) for their rotary rigs product range. in future, we intend to strengthen our partnership for other range of products also. efficiency improvement is an ongoing process, however, could you touch upon the improvement in your products in the last 3 years? the at ace, we continuously strive to offer technically advanced and innovative products. our r&d center based at faridabad is fully- facilities, dedicated equipped with modern towards speedy competitive commercialization of products. we focus on design improvement for enhancing the machine features so that the versatility and value proposition of the equipment goes up further improving its reliability and safety features. development and globally we have designed the chassis & boom in- house with our own engineering capability & excellence. we would be using boom assembly made out of high strength steel with optimized shape which would drastically reduce its self weight yet enhance the lifting capability of the overall machine. integration of best in class drive line along with the top notch hydraulics and in- house designed structures with high factor of safety and boom assembly differentiates our cranes from the competitors and is a great example of government-led “make in india” initiative. environment, green and safety are three words you hear more often. tell us about the major initiatives taken by your company in this regard. at ace, we believe in building a safer and greener tomorrow. keeping in line with the company’s philosophy, we have adopted the following initiatives: • geared up to ensure that our machines meet the bs iv standards, as notified by the government within this will certainly have an impact in terms of better emission controls and consequently enabling us in offering more environment-friendly equipment to the customers. • solar power initiative to reduce green house • 100% led lighting throughout the company gas emissions. to reduce energy consumption. • massive plantation drive within the company’s premises. • plantation with tree guard protection on both sides of dudhola link road joining nh-2 highway. • 60 rain water harvesting systems construction equipment geared up to ensure that our machines meet the bs iv standards, as notified by the government within this will certainly have an impact in terms of better emission controls and consequently enabling us in offering more environment- friendly equipment to the customers. for utilization of natural resources and maintenance of ground level of water. • all equipment are loaded with safety features such as safe load indicators, sensors, rear view mirror, etc. • regular safety audits. • 24*7 availability of fire tender within the company’s premises. • well-trained ers (emergency response team) & qrt (quick reaction team) in company for catering emergency situations. what are your plans for the next three years? despite the prevailing global uncertainties, rising needs for better infrastructure, modernized methods for agriculture and growing complexity of mining/manufacturing technology will boost demand for technologically advanced equipment in these segments. moreover, looking ahead as the growth path widens for the emerging and developing nations, india would be one of the most attractive investment destinations globally. the new political dispensation lends a lot of credibility and hope for the growth of infrastructure and economy in future. ace is fully geared-up for this forthcoming growth as the market improves. currently, we are working at about 50 percent of our installed capacities. with the market turning around, we hope to be at 70-80 percent capacity utilization in the next 2 years. this would help us increase our revenues while keeping our capex to a minimum. over the last few years, we have suitably filled the gaps in our product offerings and are now ready with a comprehensive range of construction equipment. we aspire “to be the largest company in cranes and construction equipment sector, with a global focus” & retain its position. we work with passion to achieve “excellence” through quality products and ct customer centric approach. august 2019 | construction times | 67

construction equipment quantify the efficiency improvement in your products in the last three years. for the last 60 years putzmeister has developed products that offer higher productivity, reliability and efficiency. we are known globally for our ability and commitment to find the best solutions in the harshest environments and the most challenging application conditions. our machines are equipped with state-of-the-art technology to help our customers improve productivity, safety, fleet management and preventive maintenance. we are working on introducing an advanced telematics solution, putzmeister machine cockpit year. customers will get real time information of the machine from the jobsite, key figures like delivery rate, machine use and fuel consumption will be available for analysis, critical alerts on machine conditions and remote diagnosis will help implement appropriate measures and more. this will help customers further enhance the efficiency and productivity of their putzmeister equipment. this how valuable is the india market for you and why? elaborate the company's roadmap for india till 2022. putzmeister has been in india for 11 years now. over the past 3 – 4 years, we introduced a slew of products like batching plants, transit mixers, plastering and screeding machines, specialised shotcreting equipment for tunnelling and mining applications, and high density solids pumps. india is an important market to us. we will continue to develop solutions most suited to the needs of our customers, and offer them our global expertise to enable them to focus on their core business, improve their profitability and ct choose us as their preferred partner. our machines are equipped with state-of-the-art technology to help our customers improve productivity, safety, fleet management and preventive maintenance. 50 – 70% reduction in the oil consumed. we work together with engine manufactures to reduce emission norms, fuel consumption and noise lesser oil. our batching plants are safety also equipped with environmental features such as a hood for the inclined belt conveyor and an airbag for deaeration of the mixer. august 2019 | construction times | 69

lubricants india has become one of the key potential markets for construction equipment. development of construction sector would act as a key catalyst for the growth of the industrial growth in india. what are the three major challenges? or how tough is the competition in this segment? the major challenges we expect in this segment aggressive competition amongst all lubricant players as this sector is likely to lead in growth terms of lubricants. oem tie ups will be crucial for pushing volumes ability to cater these customers as the construction activites will be happening away from the cities. timely supplies will be the key. softening of base oil rates and plentiful availability of base oil in the global market which can push the margins down. what are your expectations for the next three years in terms of growth for the company? we have laid strong foundation this year for a robust growth and have taken many initiatives in this direction. we are targeting to grow atleast 10% yoy for the next three years leveraging on our high quality base oil, wide range of products available in our basket, digital marketing and data analytics. we are also investing on our young sales force to deliver extraordinary results. they have been enabled with high quality training programs that are necessary to deal in the ct competitive market. quarter. this growth is attributed to aggressive field activities by our officers and robust production and supplies from our blending units. heavy machinery segment had a good run in 2018 which resulted in good growth for industrial growth. do you expect this trend to continue? in my opinion, the growth in the machinery segment was driven by the commencing of new road and infrastructure projects as per reports the growth of construction equipment sector was doing well till the liquidity crisis gripped nbfcs following the defaults by major construction construction sector which was sailing comfortably before the crisis has pegged the growth around to 10%. companies. the for construction india has become one of the key potential equipment. markets development of construction sector would act as a key catalyst for the growth of the industrial growth in india. rapid urbanization, growing population, increasing government spending in infrastructure projects, the increasing number of public-private partnerships, government initiatives such as smart city development projects, the inflow of foreign direct investment are the major drivers boosting the demand in this segment. in terms of equipment types, construction equipment market is mainly dominated by earthmoving equipment segments such as loaders, excavators and cranes. this will increase the demand of hydraulic oils, high quality engine oils, gear oils and speciality greases. with the rapid increase in infrastructure investment and industrial production we expect a good growth of industrial lubricants in this segment. august 2019 | construction times | 73

building material jindal stainless founded by o.p jindal in 1970, jindal stainless is one of the largest stainless steel conglomerates in india and ranks amongst the top 10 stainless steel aggregate in the world. the company's products include stainless steel products, ferroalloys and metallurgical coke. its ferro alloys include ferrochrome, ferromanganese, high carbon (hc) silico manganese, medium carbon (mc) silicomanganese and low carbon (lc) silico manganese. its stainless steel products include slabs, hot rolled coil, hot rolled annealed and pickled (hrap) coil/2e coil, cold rolled annealed and pickled (crap) coil and plates. jindal stainless group has an annual crude steel capacity of 1.6 mtpa, and the group has an annual turnover of us $3.2 billion (as on march'19). the jindal group of companies continues to maintain around 50 per cent market share in the domestic market. abhyuday jindal is the ceo of the company. interarch interarch is the leading turnkey pre- engineered metal building (peb) & steel construction company in the construction segment after 34 years since commencment of its operations in 1984. interarch is a complete solution provider in india with consolidated facilities for design, manufacture, logistics, supply and project execution capabilities for pre-engineered steel buildings - their special products. interarch holds a significant part of market share with a figure of 30 per cent in india for metal building systems. arvind nanda is the ceo and founder director of interarch. august 2019 | construction times | 75

building material its with a view to ensure targeted, structured, and coordinated business development efforts, jindal stainless has restructured internal teams. these teams will be responsible for increasing business share with existing and prospective customers, replicating indian and global application success stories among other customers, and developing new stainless steel applications. moreover, in order to give a push to the small and medium enterprises (sme) in the stainless steel industry, jindal stainless is in talks with the odisha government for developing a stainless steel downstream park in jajpur. high-end precision strips and coin mints for the global market. how was q1fy20 for your company? what is your expectation for the current year? the q1fy20 results are still awaited. an uplifted sentiment for stainless steel demand growth in the abc and art sectors is brimming on the back of a hefty government spending on infrastructure. indian railways continues to be a major consumer of stainless steel in the form of wagons, coaches, and railway infrastructure. government’s focused push towards e-mobility and bsvi (bharat stage vi) norms point to a promising demand of stainless steel in automobile components like vehicular exhausts, fuel tanks, disc brakes, chassis, roof sheets, etc., in the coming future. apart from this, the hollowware sector shows potential for strong stainless steel consumption throughout the country. touch upon the new initiatives from the company side. its first-ever co-branding in this financial year, jindal stainless has launched initiative with the domestic pipe and tube manufacturers in order to curb the rising counterfeiting in the segment. with a view to widen the scope of stainless steel applications, jindal stainless has also identified new focus areas. these include electric rickshaws, special hollowware grade, fish-breeding cages, bread moulds, etc. jindal stainless has also focused on improving its specialty products division, while increasing capacities for precision strips and blade steel production. august 2019 | construction times | 79

crawler excavators schwing -xcmg crawler excavators - powerful, reliable and efficient. xe215 c xe80 c xe140 i mumbai 022 25624863 / 64, 30718300 / 33555588 i new delhi 011 3092 8500 / 33555588 hyderabad 040 6615 1783 / 33555588 bengaluru 080 4243 8400 / 33555588 | kolkata 033 4082 3300 / 4082 3303 i cochin 0484 4055984 / 3355558 ahmedabad 079 40244200 / 33555588 i pune 020 26055651 / 2 / 33555588 mohali 0172 3957500 / 3957503 bhubaneshwar 09437481391 i jamshedpur 9709001441 guwahati 0361 2234738 i raipur 0771 2562325 i jaipur 8875007183 lucknow 8860584477 i goa 9820203847 i coimbatore 0422 4506165

building material project. we also have to be highly efficient to offer this to clients so that their overall projects do not get delayed. what are your expectations for the company till 2022? the whole industry is very hopeful that there will be a huge growth in demands for all types of industrial and non-industrial buildings in steel in the coming years. india needs infrastructure and industry at a very large scale, and steel pre engineered buildings and structures are the only way to achieve it. the whole world has achieved growth only through steel, and we will also it the same way. india’s per capita consumption of steel is among the lowest in the world and to become a usd 5 trillion economy by 2024 we will have to build with steel. we have very high expectations from india in the coming years. ct highlight three significant challenges? challenges faced by steel pre engineered buildings industry can be classified as follows - the inability of the industry to get reasonable, workable prices due to the severe intra-industry competition. this has completely ruined the profitability and consequently, not only driven many good companies to bankruptcies but also stopped the industry from innovating and improving their quality and safety standards. the lack of availability of efficient and productive engineers for design and project execution. lack of skilled and trained manpower is and will become a significant handicap. lack of competition among steel suppliers and lack of service attitude has hampered our industry severely. new suppliers who will adopt a service attitude and not act as a cartel are necessary for the future growth of the steel construction industry in india. the gst input credit for buildings not being available to the user /owner/factory owner is a big handicap in formalising of the steel building industry. since gst is 18 per cent but credit not available, many small and medium industries go for informal construction companies to save gst. the government must amend this anomaly at the earliest. efficiency plays a vital role in the current age. elaborate efficiency is the key to steel pre engineered building industry. the only reason why more and more companies are choosing pre engineered is because of the efficiency it's offering to the whole august 2019 | construction times | 83

12+ years since-2005 since-2005 mobile light tower generators mobile light tower generators available for sale & long term rentals available options: 4 x 200 wa�s led dob powered by 5 kva diesel genset 4 x 300 wa�s led dob powered by 5 kva diesel genset available mast height : 6 mtr / 9 mtr / 12 mtr 400 wa�s & 1000 wa�s metal halide lamp op�on available applica�ons / usage: infrastructure projects airports railways wind power & solar power projects highway, tunnel, canal, power transmission projects refineries steel plants sez projects metro rail cement plants defence mining power plant diesel generators 5 kva to 3000 kva battery operated electric rickshaw passenger, material loader & garbage loader models for on-road & off-road usage profitgainev is brand of email: profitgainev126@gmail.com innova dieseltm an iso 9001:2008 company www.profitgainev.com innova diesel tm authorised generator original equipment manufacturer factory (unot ii): sy. no.149, gopalpura vollage, raolway gollahallo post, bangalore north – 562123. cin: u40109ka2005ptc037274 mail:info@innovadiesel.co.in website:www.innovadiesel.co.in call / sms: +91 98860 06491, 99164 52654, 78299 01033

third consecutive half yearly period of year- on-year growth. government has also formed a committee to find a fix for better and more transparent financing to real estate sector, given the financial sector troubles like the liquidity crisis in nbfcs; it’s now the time to see tangible signs. reiterating its aspiration to create a new india, the government’s thrust on alleviating the stress on the housing sector, finalisation of modern tenancy to promote rental housing, increase demand for low-cost housing units, fiis & fpis investment in debt securities issued by nbfcs as a default cushion, simplification of gst for nbfc sector and, capital boost to psu banks will provide the necessary impetus to real estate and construction, which is the second largest employer and one of the largest sector in the country. 1.95 crore houses will be constructed under pradhan mantri awas yojana (pmay) from fy20-22 and the time for completion of houses under the scheme has been reduced from 314 days in 2015-16 to 114 in 2017-18. commercial realty, especially the office space and rental market, is going well for micro markets, and has grown due to long-term investors and increase in demand from the it/ites sector. the rising popularity of co-working is also aiding commercial real estate scenario in many ways, from new leasing models to use of cutting-edge technologies, the prevalence of shared spaces has been growing steadily in the office markets, and has seen prolific growth recently. how was the q1 fy20 for the company in the indian market? we made good progress on many fronts during the quarter, and have continued our positive growth momentum. safety features are a significant factor when it comes to elevators. could you elaborate on the key and the new features of the products? at kone, we have always believed in safety first. it is one of the highest priority areas that is embedded in our strategy. our elevators are designed to both maximize passenger safety and enable easy inspection of the equipment to ensure safe operations at all times. kone aims to provide safety in general to everyone. we ensure that our safety policies are clearly communicated to the employees, sub-contractors to preclude deviations in any process. risk assessment and regular safety audits are done at every stage. we want all our employees, users of our equipment and partners to return home safely every day. taking a step further in safety, we are in the process of launching kone care 24/7 connected services in india where the system enables vast amounts of data from elevator sensors to be monitored, analyzed and displayed in real-time, building material improving equipment performance, reliability and safety. if a problem occurs, detailed information tells us what’s causing the issue and how urgent the matter is. by keeping constant watch 24/7, we can respond quickly in case of sudden failures. energy efficiency and sustainability are being talked about as key for any product. comment on the steps taken by your company in this direction. the sustainable urbanization and eco-efficiency are embedded in kone's strategy. we support the ongoing green transformation of the built environment into smart eco-cities, low-carbon communities, and net zero energy buildings. reducing theenvironment remains among our top priorities and we firmly believe that sustainable business practices are a requirement for long-term growth and success. we aim to be a leader in sustainability. increasing energy and resource efficiency is among our top priorities and has an important role in making the ct most sustainable offering a reality. impact on august 2019 | construction times | 87

tedra automotive solutions pvt. ltd. is a company dedicated to provide solutions to the basic problem of car parking. we create space from less footage & use height, width, depth intelligently to provide mechanical and automated parking systems customized to our client needs. our product range caters to all requirements whether underground or aboveground from a basic stacker for two cars to a single tower of 60 cars and above. we provide multi parking solution for malls, city-centers, hospitals, residential areas, institutions and public parking areas. we work with our customers from the conception stage considering variables involved in real estate development. we help architects, developers, planners in arriving at a cost of planning to minimize their construction and financial risk. our car parking product range  automobile elevator  mechanical puzzle  hydraulic puzzle  tower parking  stack parking  mini rotary  turn table  cart type  horizontal circulation manufacturing unit: gat no. – 357 / 69, waghjai nagar, kharabwadi, chakan, pune – 410501 head office: 4th floor, msr-capital morwadi, pimpri, pune-411019 contact at: sales@tedraauto.com website: www.tedraauto.com call: 07420001308, 8180949620 / offices: pune, mumbai, bangalore, delhi

building material we are already using artificial intelligence that what programs our systems and its functioning. we have defect diagnostics that appear on screen in case something is wrong with a system. world to see what competitors have to offer globally and have indigenised designs to suit the indian markets and conditions. our core team of engineers and designers have more than 20 years of experience in car parking business. we have kept abreast with technology and offer features like access card, app based parking linked to mobile phone for parking convivence to our customers. there is nothing that we cannot offer in line with global technologies and competitors. ai and big data plays a major role in the large parking areas. your comment we are already using artificial intelligence that what programs our systems and its functioning. we have defect diagnostics that appear on screen in case something is wrong with a system. yes we have to go a step further, ai is the next big thing that is likely to play a big role as convenience and ease have become buzz words post uber ,make my trip and swiggy success. we are closely working on incorporating latest technologies and are conscious that the generation next may look at their apps. gps to finds a parking slots it requires integration of our systems with latest software and app providers and we have initiated steps in this direction. how do you see the market for the next three years for your company? as i said the market is growing a good 20- 30 percent per annum barring the slowdown we are seeing in the real estate sector i see tedra among the top three companies in car parking segment in the next three years, we will have the widest variety of products to offer and our specialization is going to be customisation . customers are seeking quality products, reliability and efficient after sale service we are committed to all the three as our core philosophy remains ct customer centric. august 2019 | construction times | 91

heat a year, beyond the human threshold of survivability. people are going to die, and it will just be the new normal. north america will continue to suffer from devastating weather extremes, including wildfires, heat waves, droughts and flooding. but just much worse and more frequent. two billion people globally are affected by lack of water. food production falls by one-fifth as droughts, heat waves, flooding and storms affect crops. up to 1 billion people could be displaced. that’s a lot of bodies and a lot of chaos. even slight rises of the ocean could lead to some cities becoming inhabitable. and here is the panic button. rising ocean levels make some of the world’s most populous cities uninhabitable, including mumbai, jakarta, canton, hong kong, shanghai, lagos, bangkok and manila. billions of people must be relocated. fundamental symptom of “arctic sea ice has not only been shrinking in surface area in recent years, it’s becoming younger and thinner as well. in this animation, where the ice cover almost looks gelatinous as it pulses through the seasons, cryospheric scientist dr. walt meier of nasa goddard space flight center describes how the sea ice has undergone changes the era of satellite measurements.” during the morganza spillway is just the latest the climate change crises. what evidence will you need to declare an emergency? carbon and methane now represent the deadliest enemy of all time, the first force fully capable of harrying, scattering, and impoverishing our entire civilization. we’re used to war as metaphor: the war on poverty, the war on drugs, the war on cancer. usually this is just a rhetorical device, a way of saying, “we need to focus our attention and marshal our forces to fix something we don’t like.” but this is no metaphor. by most of the ways we measure climate change don’t blame yourself, go after the criminals who sold out humanity for profit wars, climate change is the real deal: carbon and methane are seizing physical territory, sowing havoc and panic, racking up casualties, and even destabilizing governments. (over the past few years, record-setting droughts have helped undermine the brutal strongman of syria and fuel the rise of boko haram in nigeria.) it’s not is that global warming the belief that this enormous, existential problem could have been fixed if all of us had just tweaked our consumptive habits is not only preposterous; it’s dangerous now. like a world war. it is a world war. its first victims, ironically, are the least to cause the crisis. but it’s a world war aimed at us all. and if we lose, we will be as decimated and helpless as the losers in every conflict – except that this time, there those who have done two billion people globally are affected by lack of water. food production falls by one-fifth as droughts, heat waves, flooding and storms affect crops. up to 1 billion people could be displaced. august 2019 | construction times | 97

climate change in seven countries are now urging women not to get pregnant. and as in all conflicts, millions of refugees are fleeing the horrors of war, their numbers swelling daily as they’re forced to abandon their homes to escape famine and desolation and disease. “i don’t think you can actually imagine that world”. a world where rising droughts leads to rising food shortages and people clamour to get help all over the world on a more consistent basis. a world of climate change uncertainty and the huge economic cost of global warming — not to mention just the lower quality of our lives that this impact. in a worst-case scenario, those 3 or 4°c degrees lead to changes in society that pressure our ability to adapt and survive, leading to a chain reaction of events that puts millions of lives at risk. over the 2nd week of july 2019, the climate system sounded simultaneous alarms. near the entrance to the arctic ocean in northwest russia, the temperature surged to 84 degrees fahrenheit (29 celsius). meanwhile, the concentration of carbon dioxide in the atmosphere eclipsed 415 parts per million for the first time in human history. by themselves, these are just data points. but taken together with so many indicators of an altered atmosphere and rising temperatures, they blend into the unmistakable portrait of human-induced climate change. and we are losing. for years, our leaders chose to ignore the warnings of our best scientists and top military strategists(environmentalists). global warming, they told us, was beginning a stealth campaign that would lay waste to vast stretches of the planet, uprooting and killing millions of innocent civilians. but instead of paying heed and taking obvious precautions, we chose to strengthen the enemy with our endless combustion; a billion explosions of a billion pistons inside a billion cylinders have fuelled a global threat as lethal as the mushroom-shaped nuclear explosions we long feared. we’re under attack from climate change — and our only hope is to mobilize like we did in wwii and work relentlessly in protecting the humans by restoring the ecosystem and declare the war on the climate change with a constitutional provision in every country. dear readers and global citizens please do all you can, to advise that the climate emergency has just reached even more dire proportions. this is now definitely a matter of life and death for the human race. the un secretary general antonio guterres does understand this. global warming for june is 1.24 degrees c (nasa giss) (with the june result) atmospheric co2 for the first full 6 months of 2019 is growing at an explosive rate of just over 3 ppm per year. over the past 40 million years atmospheric co2 has never increased at a rate of 2 ppm (wmo ghg bulletin 2017), and paleo-climatologist andrew glikson was published 2016 that 3 ppm is above atmospheric history. the rate for the last decade was 2 ppm and for the decade before that 1.5 ppm this is due to the recent increase in fossil fuel co2 emissions, on top of the enormous emissions rate (that must be "near zero" -ipcc 2014- for our future survival). “a billion explosions of a billion pistons inside a billion cylinders have fuelled a global threat as lethal as the mushroom- shaped nuclear explosions we long feared. we’re under attack from climate change — and our only hope is to mobilize like we did in ct world war ii…” a world of climate change uncertainty and the huge economic cost of global warming — not to mention just the lower quality of our lives that this impact. august 2019 | construction times | 99

luxury housing back on track with nri investors real estate update the indian luxury property market may not have been very attractive to the resident indians in the recent past - but it scores high with the nris due to their greater buying power. multiple factors draw the attention of nris towards this segment. for one, it promises a high standard of living to them if they chose to return to their country of origin. also, the rentals can be decent if the property is located in a prominent employment hub. this segment has also not seen the kind of huge unsold inventory that was witnessed in mid-income housing, largely because builders consciously restricted new supply in this segment over the last couple of years. as per recent research by anarock property consultants, the overall unsold inventory of luxury homes (priced rs 1.5 crore – rs 2.5 crore) declined by 12% to 42,650 units in q1 2019 from 48,300 units in q1 2018. bangalore led from the front, recording a significant 49% reduction in unsold luxury stock within a year – from 6,370 units in q1 2018 to 3,260 units in q1 2019. bangalore was followed by kolkata with a 37% decline in unsold luxury stock, and ncr & mmr each witnessing 7% yearly decline. concurrently, unsold stock in the affordable segment saw an increase of nearly 3% as maximum new launches catered to this segment during the period. luxury real estate hotspots in key indian cities one major feature distinguishing luxury and ultra-luxury properties between various cities is its price range. for instance, properties priced greater than inr 1.5 crore are considered ultra- luxury in bangalore while in mumbai properties priced above inr 4 crore fall into this category. localities some prominent luxury markets in the top cities: • bangalore: east bangalore like whitefield has seen the highest launches in the ultra-luxury segment (`>inr 1.5 crore), closely followed by the south & north zones • mumbai: south central mumbai areas (worli, lower parel, mahalaxmi, tardeo and prabhadevi) accounted for 81% of the launched in (priced >inr 4 in mmr since 2013 onwards. crore) • hyderabad: the city saw launch of nearly 1,920 units in the luxury segment (properties priced above inr 1.5 crore) in 2018 – total 27,000 new units luxury category • ncr: gurgaon and noida are a 154% rise from 2017. most of these launches came up in west hyderabad. two prominent luxury hubs in ncr. from 2013 till date, the entire region saw the launch of nearly 12,900 units in luxury category (priced >inr 3 crore). of this, gurgaon and noida collectively comprised 87% share - 63% in gurgaon and 24% in noida. with the resurgence of the indian economy and the ongoing construction activity in this segment, there has been a concurrent rise in both end-user and investor demand for luxury real estate. anarock research states that the returns on investment for luxury and ultra-luxury homes is around 3-5% and 2-3% respectively. investment rationale historically, nris typically bought luxury homes either for good roi or for their self-use. after a prolonged wait-and-watch period post the recent reformatory changes in the indian real estate market, the trend is now decidedly skewed towards personal use. as always, they have an eye open for attractive capital appreciation - luxury properties have an edge as the incremental value is higher than affordable or mid-segment properties if prices appreciate. look handsome at the moment, but hnis and uhnis are nevertheless refocusing on this segment for three reasons – nris’ predilection towards an aspirational lifestyle, the potential for better returns when market rebound meets restricted supply in luxury areas, and the fact that price points of most luxury properties are at their lowest, with developers additionally offering lucrative deals. this may not shajai jacob ceo - gcc (middle east) anarock property consultants the most convincing incentives for nris to invest in luxury and ultra-luxury properties are: • higher potential for capital appreciation for properties located in prime areas • higher and steady cash flow (via rental income) of properties in prime areas as against affordable housing in far-flung areas. anarock’s recent consumer sentiment survey also indicates that 28% nri respondents are looking to buy luxury and ultra-luxury properties (priced inr 1.5 cr onwards) across cities. the perennial favourite of several nris since long, the luxury segment saw a declining interest post the reformatory changes in indian real estate market with many nris hoping for ct price cuts. august 2019 | construction times | 101

earth moving equipment highway equipment backhoe loader wheel loader hydraulic excavator wheeled crusher tracked crusher material handling equipment tower crane aerial lift platform telehandler static crusher screeners compactor motor grader skid steer loader hydraulic mobile crane mining equipment hot mix plant wheeled paver real estate equipment crawler dozer dump truck batching plant transit mixer boring equipment compressor self loading mixer concrete pump about iesc the infrastructure equipment skill council (iesc) is a ‘not for profit’ sustainable organization promoted by the indian construction equipment manufacturers association (icema) and supported by the confederation of indian industry (cii) and funded by national skill development corporation (nsdc) under the ministry of skill development and entrepreneurship, govt of india to spearhead the skilling of workforce in the infrastructure equipment sector with primary focus on training and certification of operators and mechanics. the council is governed by 19-member governing body from various segments of the industry along with the representative from department of heavy industries, academia and national skill development corporation. mission to train over million operators & mechanics in ten years to have 5000+ certified trainers in over next decade to accredit 400 training organizations meeting global standards pan india infrastructure equipment skill council no. 6, avik royale – contact first floor, 50 feet road, (next to vijaya bank) avalahalli extension. phone : 080 26754480 girinagar, bengaluru 560026 twitter: iescblore, www.iescindia.com

interior update antica ceramica launched wood stone collection antica ceramica, leading tile manufacturing company with more than three decades of its position in the indian market for producing high quality & innovative tiles for wall & floor for the indian market have launched“ available, you will be able to transform your space into an elegant, sophisticated, dazzling array of fine quality tile mixed with your thoughts, dreams and ideas. a space you will be proud to call home. this collection can assure that you are receiving the highest quality product available, that it is made to withstand the test of time and that it is as durable as it is refined, says, rahul bhugra- md- antica ceramica. a wood stone collection in the indian market, that will surely make a significant difference in the appearance and finishing of your home with stylish and distinctive flair. the magnificent wall or floor tiles by antica ceramica is the beginning choices, from there choose from a vast array of options for colors, styles and sizes. peace and tranquility can only be achieved by reaching the height of your design ideas. with so many options “wood stone collection” by antica ceramica is an innovative digital method for the decoration of ceramic surfaces which allows us to combine any natural texture with the ceramic qualities of baldocer products. range represents great care to offer a product of high quality following their own ct modern style. in order single piece each of this august 2019 | construction times | 107

interior update the whiteteak company launches smart led chandelier smart lighting is gaining popularity with hanging & slumber party chandelier comes with 4 led bulb chandelier in round bulb jars. according to anu mehta and mamta mehta, founder, and co-founder of the whiteteak company," our new addition of led chandelier to the whiteteak company will surely give a new dimension in the lightning world to the customers. now they can experience the led lighting in the fancy lighting as well with the unique feature to change the colours from a wide selection of 16 million colour combinations apart from many other benefits of led lights such as reduce maintenance cost, longer shelf life of bulbs, improved lighting and main important as decorative lights for the room. product details: glamjam smart light: stunning gets redefined in this cool and sleek light! modern design is uplifted by the smart bulbs that transform this light by night and day. change the color and change the form to express your individuality! slumber party: smart, gorgeous and elegant is what you'll think each time you see this beauty of light! smart bulb enabled to bring home smart lighting like never before! lean on chandelier: a striking design for those who appreciate quirky elements in a design. this smart light lets you set the mood and change your space with the ease that smart ct lighting provides. august 2019 | construction times | 109 in different more and more people both adopting the technology and combining it with other smart devices in the home. the recent addition to the house of the whiteteak company is the introduction of smart led chandeliers at all across their stores in india as well as on online portal. the collection launched at the whiteteak company of smart led lights consist of beautiful designed chandeliers shapes, styles and design. the usp of the collection is the unique feature to change the colours from a wide selection of 16 million colour combinations to give an instant change in the look and mood of the room. it also let you to choose any shade between warm white and cool white and supports brightness control from 10% to 100 %. all this is possible on the finger tip by using the svarochi smartphone app which is free to download and use supported by the company. is ultra modern and contemporary, mainly made of metal frame in gold finish with milky bulb glasses. each chandelier design which speaks its own beauty. the glamjam chandelier comes with 10 smart led bulbs in most ultra modern shape and design with the metal cord to hang the chandelier beautifully. whereas the lean on chandelier comes with 2 led bulb the collection has different

2019 in india's only exhibition on insulation industry insulex rooftech india2019 leading exhibition on roofing industry 11|12|13 october2019 ktpo trade centre, bangalore, india india's only exhibition on building insulation & roofing industry 150+ exhibitors 5000+ visitors 3000+ architects & builders 500+ one to one meetings visitors from 15+ states & 6+ countries last few stalls left! book now shaping a smarter & safer construction & design tomorrow in building www.insulex.co.in we thank you to the building insulation and roofing industry for their overwhelming response for booking contact: ms surbhi m: +91-9999537307 e: surbhi@brandscope.co.in powered by: world of insulation & roofing gurgaon | mumbai | chennai | dubai

key highlights display of off the road (otr) tyre from leading brands. networking opportunity presence of international delegates business matching targeted business matching sessions for our buyers & sellers product launches latest trends & technologies country pavilions explore new technologies from across the globe 150 + exhibitors visit, compare, buy, save * first 500 pre-registered visitors stand a chance to win assured gift hurry register now!

oem update maintenance is quick and straight forward: you only need a simple wrench, no need for a specialized technician or stopping the operation altogether. number of reinforced concrete pigsties with grated flooring. we didn’t have any issues with rebar;the mb crusher bucket was paired with an iron separator. the resulting crushed material was perfect for reuse right there on the job site.” reducing waste the “restored” crushed material can be used as fill on the job site, new construction and other projects. it can also be sold on the market. both solutions bring tangible and measurable profit to the operation. this was accomplished by a swiss company, that used two mb crusher products - a crusher bucket and a screening bucket - to create a complete recycling operation: volume reduction, material selection and reuse on-site. “we wanted to find a system to lower our costs, allow us to reutilizeinertmaterial, and become more competitive all the while supplying our customers with the requested services. with mb, we canlower labor expenses, machine wear and consumption. all the while producing impeccable recycled material at a highly competitive price without interrupting the operation. this wouldn’t be possible with any other solution.” investing in a long lasting product “in for the long haul” is also applicable to mb products.it’s an investment with a quick return, for a product that will last a lifetime. for the pastten year, a bf120.4 crusher bucket has been crushing dolomitic rockin a quarry 30 kilometers away from lubiana: the very proud slovenian company says that the most demanding maintenance intervention they have had, was replacing the belts. this was done on-site by the excavator operator, without hiring a specialized workshop or mechanic. safe work conditions processing material with mb crusher products is easy, because it is all done safely from the excavators cabin. you pick up the material and crush or screen it directly into the transport truck or as fill in a trench. if the material is reinforced, no problem: after crushing it, you can separate the ferrous material with an iron separator located on the mb crusher or screener bucket. always safely from the cabin. maintenance is quick and straight forward: you only need a simple wrench, no need for a specialized technician or stopping the operation altogether. a northern european company stated “we purchased the crusher bucket a few years ago and we used it on secondary site development projects: now on a similar job site, the bf90.3 allows us to crush demolition debris very easily; it is very versatile, it doesn’t have particular transportation requirements, we can haul it on the same truck as the excavator. once on the job site, installation is quick and simple; we are ct crushing in just a few moments" august 2019 | construction times | 119

oem update commencement of metro production by beml for mumbai metro beml limited, a mini ratna category-i company under the ministry of defence and premier manufacturer of metro cars in india, commenced production of metro cars at its bangalore facility today, for mmrda (mumbai metropolitan region development authority) for its mrs1 project. acknowledging the production of metro cars for mmrda commenced ceremoniously at beml bangalore complex today in the presence of shri d.s. mishra, ias., secretary housing & urban affairs, goi, shri r.a. rajeev, ias., metropolitan commissioner, mmrda, shri mangu singh, md, delhi metro, shri ajay seth, ias., md, bangalore metro and a host of senior executives from mmrda, dmrc and beml were present. the support of dmrc & mmrda, shri deepak kumar hota, cmd, beml said “beml is committed to supply metro cars for mmrda well within the schedule. our production has already started and we are committed to manufacture state-of-the-art coaches for mmrda with the support of employees and executives”. expressing supply of metro cars and intermediary cars as per the requirement, bmrcl md shri ajay seth assured all support to beml in the near future. for having bagged the order for mmrda, dmrc in association with beml right from the beginning of rs-1 project for dmrc and confident that beml congratulating beml satisfaction for the will deliver the metro cars as per the required standards, dr. mangu singh, md, dmrc, told. in this address, shri rajeev, commissioner, mmrda said that it is a proud moment for beml and called beml employees to come with ‘flying colours’ and deliver the metro cars as per international standards, he added. in his speech, shri d.s, mishra, i.a.s., secretary housing & urban affairs, goi said that “beml has shown great enterprise in bagging the largest order for metro of 505 coaches in india through international competition and whereby giving shape to the vision of ‘ make in india’ of the hon’ble pm. i compliment beml for producing a product that competes in terms of quality, time and quantity with the best in the world. i hope that beml will not only meet the internal requirements but also exports to other countries as well”. it may be recalled that beml had previously bagged order worth rs. 3015 crores from mmrda for supply of 378 metro cars (63 metro train sets of 6 cars each) for mumbai metro corridor 2 & 7 against stiff competition. the contract includes spares, design, installation and commissioning of metro cars. the metro train will operate on 25 kv ac traction and is equipped with cctv surveillance for passenger safety and made of stainless steel body with four doors on each side and real-time track monitoring. the cars have a capacity of ct carrying 300 passengers in each car. august 2019 | construction times | 121

oem update aftermarket support that’s why we only partner with dealers who have deep insights into the industry,” aldrin said. “our dealers have 25 branches across indonesia to ensure customers can receive fast responses, whether it’s parts or services, where and when they need. we also consistently train dealer technicians to deliver the highest level of service.” sdlg established its presence in indonesia in 2011, since then the company hasbecome one of the most popular wheel loader brands in the country. between 2014 and 2017, sdlg wheel loader sales rose 40% in indonesia — the company was also the market leader for wheel loader sales during that time with over 1,000 ct units population in country. key specifications: engine make and model gross power cab version weight bucket size track shoe width overall width max digging depth max digging height max dumping height max digging distance max excavating force – bucket max excavating force – arm max flow rate operating pressure sdlg e660fl yanmar 4tnv98 38.3 kw 6,050 kg 0.22 m3 400 mm 1,960 mm 3,846 mm 5,830 mm 4,163 mm 5,990 mm 45 kn 32 kn 137 l/min 215 kgf/cm2 sdlg e690f yanmar 4tnv98t 54.1 kw 8,550 kg 0.34 m3 450 mm 2,265 mm 4,160 mm 7,216 mm 5,010 mm 6,330 mm 64kn 43kn 160 l/min 265kgf/cm2 august 2019 | construction times | 123 e690f the 9 t-rated e690f is powered by a 54.1 kw engine, has a bucket capacity of 0.34 m3 and a maximum excavation force of 60 kn. ideal for excavation of soil, sand, coal and waste, the e690f makes a great addition for construction sites, farms and parks. “customer feedback about the sdlg mini excavators have been tremendous,” said novandylantang, sales general manager at dealer pt intracopenta prima servis. “customers particularly love the versatility that comes with sdlg mini excavators’ attachments and rubber track pads. both models are optionally available with x1 hydraulic function that allow hydraulic rock breakers and other attachments to be used with the machines hydraulic breakers are suited for breaking rocks, asphalt and other hard surfaces found in general construction applications. rubber track pads are also available optionally allowing the units towork on asphalt or concrete without damaging the road surface. lifelong partners sdlg in is well established indonesia offering a wide range of productsfrom wheel loaders, graders and compactors. sdlg has sold over 1,0000 wheel loaders in the country through its dealers pt indotruck utama and pt intracopenta prima servis — both have decades of experience in the construction industry. strong “sdlg believes in delivering

oem update high quality, reliable genuine parts by ammann every part is produced with precision in the state of the art facility by highly skilled manpower under supervision of experienced engineers, using lazer & cnc guided machines, robots,etc. all the parts go through stringent quality tests to ensure quality standards and reliability. genuine parts and quality all ammann are developed meticulously with countless performance tests conducted at various stages. only the parts that meet the stringent quality standards of ammann are certified as ammann genuine parts. every plant and machine comprises of a combination of parts with the key factor being the overall balance. all the parts should perform well to achieve this balance. continuous r & d at ammann is focused not just on the new plant or machine models but on all the existing products as well. conducting tests under a wide range of conditions means that the quality of ammann genuine parts maintain the performance level in a plant or machine at the same level as when the plant or machine was new, for a long period of time. only genuine parts from ammann can maintain ammann plant or machine in the best operating condition and ensure the optimum performance. advantages of ammann genuine parts during regular servicing, maintenance, or other check-ups conducted by ammann, specially- trained ammann engineers check the condition of each plant and machine and where required, use genuine parts for replacements. be sure to have your ammann plant and machine inspected not only during regular scheduled services but also before close / start of operations during monsoon. we highly recommend such check- ups prior to deploying our plants and machines on a new project. always remember to use ammann genuine parts. find genuine parts at ct ammann outlets. august 2019 | construction times | 125

innovative & informative e t upto discount subscription rates 35% subscription rates s c r i b a n d g e s u b years issues discount% cover price 1 2 3 12 24 36 15% 25% 35% rs.1200/- rs. 2400/- rs. 3600/- you pay rs. 1020/- rs. 1800/- rs. 2520/- you save rs. 180/- rs. 600/- rs. 1080/- subscription form filling option please tick relevant copy for subscription construction times  equipment times  name...................................................................................................................designation................................................... organization.............................................................................................................................................................................. address....................................................................................................................................................................................... ..................................................................................................................................................................................................... city...............................................pincode...............................state........................................................................................ mobile........................................................telephone...............................................fax......................................................... email........................................................................................................................................................................................... i am enclosing my dd/cheque no.............................................................................................date........../.........../........... for rs..................................(in words).................................................................................................................................... drawn on bank...........................................................................branch.................................................................................. drawn in favour of “ark events & media pvt. ltd.” (please add rs.50 extra for out of mumbai cheque). send or print and email this form along with cheque/draft on below address. for more details please contact us by email: frontenddeveloper.arkevents@gmail.com bank details bank name : icici bank a/c name : ark events and media private limited a/c no. 120805000166 ifsc code: icic0001208 www.arkmedia.co f-07, 1st floor, nano wing, haware fantasia business park, near inorbit mall, sector 30-a, vashi, navi mumbai - 400 703. contact: 9029067222 / 9029067223

jindal aluminium limited - jindal nagar, tumkur road, bangalore - 560073 telephone: +91 80 2371-5555 website: www.jindalaluminium.com email: jindal@jindalaluminium.com follow us @