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Hard act to follow

S Paramasivan, MD, Afcons Infrastructure, is dauntless in the face of any complexities that arise during project execution. No surprise he says Afcons is an extreme engineering company. BY Jayashree Kini Mendes Infrastructure companies love milestones. Not because they occur along the roads and highways they build, but as a way to measure their successes. Any infrastructure company worth its salt cannot wai ...

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Bauma Conexpo India, Action Construction Equipment, Sorab Agarwal, Executive Director

ACE launched three multi-activity cranes at bauma Conexpo India. Hitherto, cranes were mainly used for lifting. The NX360 screw crane on a pick and carry crane, the NXT which is a 15-tonne pick and carry crane combined with a telehandler, and NXP which is a pick and carry crane and also functions as a aerial work platform (AWP). The last is hydraulically operated from the top. Each of the machines will repl ...

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Soaring Spirits

CE makers are hopeful that the current situation continues and government focuses on infrastructure development. By Jayashree Mendes This time around bauma Conexpo India 2018 was different as compared to last time. There was a sense of self-confidence and assuredness among construction equipment makers and also the ancillary players. Reason being obvious: The last year has seen the construction equipment in ...

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To The Manor Born

Dayanand Pai, founder, and Ravindra Pai, MD, Century Real Estate, are steadily working their way at creating developments on the land banks they have bought over the last 50 years. By Jayashree Kini Mendes Intuition does not come to an unprepared mind, so goes the pithy saying. If you plant yourself indomitably on your instincts, and there abide, success will come to you. It’s with this hunch that Dayanand ...

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The Top 50 Real State & Infra Company- RANK 50, Kanakia Spaces, Himanshu Kanakia, MD

After making waves with international stars, realty developer Kanakia Group has acquired nearly 15-acre prime land parcel in the Powai suburb of Mumbai for around Rs 850 crore from Skyline Mansions and private equity fund promoted by Anand Jain. In the commercial space, it has leased out 50,000 sq-ft office spaces in Mumbai to TradeBulls, Saba Technologies and KYC Events among others in its Kanakia Wall Str ...

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The Top 50 Real State & Infra Company- RANK 49, Punj Iloyd, Atul Punj, Chairman

From infrastructure to defence is what Punj Lloyd has been doing. Diversified group Punj Lloyd is set to expand its Gwalior facility besides exploring other states like Karnataka and Rajasthan to set up manufacturing units. The group is willing to make investments in this regard that could be in the range of up to Rs 2,000 crore depending on the opportunity. The company has its manufacturing and systems int ...

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The Top 50 Real State & Infra Company- RANK 48, Gaurs Group, Manoj Gaur, MD

Gaursons India, based in NCR, is changing its business model. The company has always been into developing townships but may not take up new projects of large sizes any more. Gaur prefers to build smaller projects of 10-12 acres that can be completed in 3-4 years. This is mainly because large land parcels are scarce. Moreover, with RERA the financial model has changed and projects have become time-bound. Las ...

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The Top 50 Real State & Infra Company- RANK 47, Casagrand, Arun MN, Founder & MD

One of the leading builders in South India, Casagrand Builder clinched sales worth Rs 170 crore by selling 321 flats across Chennai and Coimbatore. Casagrand offered special price in benefit to its buyers. The Chennai-based developer aspires to be among the top three builders in the South in the next three years. To attain its vision, Casa Grande will take up several projects and construct 8,000-10,000 dwel ...

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The Top 50 Real State & Infra Company- RANK 46, Raheja Universal, Ashish Raheja, MD

Raheja Universal was in the news when it was announced that Mumbai will soon get Asia’s highest residential infinity pool, Aeon. The 50-foot long rooftop infinity pool will be located atop Raheja Universal’s upcoming project, Raheja Imperia I. The 60-storey Raheja Imperia I is a greenfield project built on a virgin plot, implying absolute privacy and unmatched luxury. In another move, the company has partne ...

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The Top 50 Real State & Infra Company- RANK 45, Gayatri Projects, TV Sandeep Kumar Reddy, MD

Gayatri Projects has been on a projects bagging spree. The pure play EPC company has received three orders amounting to Rs 404 crore from the Bihar State Road Development Corporation. These projects will be executed on an EPC basis in-line with the management's decision to follow an asset-light model. Last month, it bagged a Rs 1,312 crore road project in Maharashtra. The order is for construction of access ...

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