The Building and factories vertical of the company is equipped with knowledge, requisite expertise and experience to undertake Engineering, Procurement and Construction (EPC) of commercial complex, district court, housing projects, townships, IT parks, hotels, shopping malls, hospitals and infrastructure and ancillary construction works for industrial buildings. We believe that the business in this vertical has been promising and our clients include government and private entities. The recent trend in the building and factories vertical has provided us with an opportunity to further develop our presence in this vertical.
Residential Buildings offers turnkey services including design and construction of integrated townships right from concept to completion with complete infrastructure facilities catering to different sections of the society. There are several established and developing industrial hubs in the country today. The people involved in the industry of such regions have both the ability and aspiration for a higher quality of lifestyle. However, social infrastructure is so far absent. Integrated mixed-use developments have tremendous scope in these areas moving forward.
The Indian real estate industry (residential and commercial) is projected to grow 8% p.a. over the next two years to ₹ 8.5-9.0 trillion by 2019 from ₹ 7.5-8.0 trillion in 2017. A large part of the industry’s growth will be supported by increase in housing stock in metro and non-metro cities in the long term on account of implementation of government schemes such as Pradhan MantriAwasYojana-Urban (PMAY-U) as well as the smart city mission.