One of the most ambitious and talked-about real-estate projects, the Central Park-Flower Valley project, is one of the finest examples of prefab construction. Central Park is one of the fastest growing ultra-luxury realty brands with an established presence in the National Capital Region. Till date, it has delivered 5.5 million square feet luxury residential properties in many prominent locations in Gurugram (Haryana). By integrating Action Construction Equipment Limited’s (ACE) tower cranes in its business model, they have recorded a significant rise in the speed of construction and scale of developments, while reducing the overall project cost significantly.
In prefab construction method, the building components are prefabricated offsite on an assembly line using advanced tools and equipment. Thereafter, they are transported to the building site where they are erected using specialised tower cranes, says, Mr. Mayank Pundir, Country Head-Tower Cranes, ACE Group. “Following the suit, many major real-estate players are also upgrading themselves towards using precast construction methods as it helps in expedited completion of massive residential projects with minimum labor and zero material waste”, he added.
To assemble its prefabricated concrete structures, Central Park has joined hands with ACE. Mr. Mahesh Pathak, P&M-DGM at Flower Valley project informed, “tower cranes do 90 per cent of the construction work. Hence, it is important to have tower cranes from a brand one can trust in terms of quality and after sales service. Hence, ACE became an inevitable choice for us. The specialised TC 7054-16T travelling type tower crane with 62.5 metres free standing height and lifting capacity of 3T @ 70 metres radius was developed in the ACE’s manufacturing facility at Faridabad. It was specially designed to provide the necessary lifting speed and strength. The most notable feature of the cranes designed for this project is their high capacity, which stands out in a country where lower capacity units constitute the vast majority of cranes population. The higher capacity cranes with higher safety standards are mandatorily required to handle heavy structures and providing high degree of precision in prefabricated buildings.”
As per a research report by India Brand Equity Foundation, the market size of the real estate sector of India is expected to increase from $120 billion in 2017 to $1 trillion by 2030. Besides, hospitality, retail and commercial real estate are also growing significantly, providing the much-needed boost to India’s growing infrastructure needs. The government’s ambitious project of building 20 million affordable houses and 98 smart cities by 2022 will see the construction and manufacturing industries confluence further to create an ecosystem for increased innovation and technology adoption. “Prefabrication will not be just a key enabler in mission Digital India but will also act as the key catalyst in overall infrastructural development”, concluded Mayank Pundir.