What are the advantages of modular furniture to different types of real estate?
Real Estate

What are the advantages of modular furniture to different types of real estate?

Consider high-rise buildings. “It is easier to transport wardrobes and cabinets in a knocked-down condition to, say, 100 apartments in a high-rise, through lifts, and assemble them on site, than it is to transport readymade pieces of furniture,” observes Nagesh Singh, Founder, Studio Svelte. “In residential projects, modular wardrobes, beds, TV consoles and shoe racks are very popular nowadays,” says Bijayini Dash, Studio Head, Designqube Bangalore.

“RERA necessitates projects to be completed in time and modular furniture, which can be factory-made and transported to the site for a fit-out, helps developers stick to tight deadlines,” says Digvijay Dhabriya, Managing Director, Dynasty Modular Furniture. That said, he believes much of the modular furniture available in India is semi-modular, in that it can only be partially (not fully) disassembled.

“From the perspective of the occupant-owner, buying property ready furnished with modular furniture is a win-win proposition for multiple reasons,” says Dhabriya. “Reputed developers bring in top-rated designers, the fit-outs happen before handover of the property, which saves a huge amount of time, and the cost saving to the owner is about 40-50 per cent of the market price of the furniture. This is because component vendors, hardware brands such as Hettich, Hafele and Blum, which are preferred brands for offering lifetime guarantee, offer bulk buyers such as modular furniture companies roughly double the discount they would offer a single buyer. Also, the owner gets to buy the furniture on a tax-deductible instalment because the cost is included in the property price, which is usually covered by a bank loan.”

“In low-rise housing projects as well as hotel construction, modular interiors have gained a firm foothold for offering faster project completion time, which means multifamily units and hotel rooms will begin streaming revenue sooner, a metric of strong interest to capital investors,” says Manoj Rathi, AVP and Head, U&US Home Design Studio. “Additionally, modular properties are seen as having a lower barrier to entry, which means price-conscious clients and those with budgetary limitations may gain access to housing or commercial properties in attractive locations that might otherwise have been beyond their reach.”

“In offices, modular furniture is a modern-day convenience for permitting dynamic company structures,” says Sonali Rastogi, Founding Partner, Morphogenesis. “The multifunctional and highly adaptive nature of modular furniture accommodates changes in resourcing, working formats and groups, and tailors to the user’s needs. It allows for flexibility and gives immense possibilities for planning and transforming one’s space depending on the working style and requirements of storage, partitioning, etc. Hence, for companies undergoing organisational re-structuring, I would advise modular furniture. It also works well where affordability is a prime concern. As it is component based, one can simply start with the workstations, and later bring in partitions, etc.”

“Modular furniture is amenable to shifting office, inexpensive and lightweight compared to traditional furniture and, hence, easy to procure and transport,” adds Dash. “Workstations, storage, pedestals and tables are generally modular in nature.”

“Education is an important segment for Featherlite,” says Dhiren Gopal, Director, Featherlite. “More and more institutions are opting for modular furniture for their classrooms, training rooms, laboratories and the like, for offering both aesthetics and comfort.”

CHARU BAHRI

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Consider high-rise buildings. “It is easier to transport wardrobes and cabinets in a knocked-down condition to, say, 100 apartments in a high-rise, through lifts, and assemble them on site, than it is to transport readymade pieces of furniture,” observes Nagesh Singh, Founder, Studio Svelte. “In residential projects, modular wardrobes, beds, TV consoles and shoe racks are very popular nowadays,” says Bijayini Dash, Studio Head, Designqube Bangalore. “RERA necessitates projects to be completed in time and modular furniture, which can be factory-made and transported to the site for a fit-out, helps developers stick to tight deadlines,” says Digvijay Dhabriya, Managing Director, Dynasty Modular Furniture. That said, he believes much of the modular furniture available in India is semi-modular, in that it can only be partially (not fully) disassembled. “From the perspective of the occupant-owner, buying property ready furnished with modular furniture is a win-win proposition for multiple reasons,” says Dhabriya. “Reputed developers bring in top-rated designers, the fit-outs happen before handover of the property, which saves a huge amount of time, and the cost saving to the owner is about 40-50 per cent of the market price of the furniture. This is because component vendors, hardware brands such as Hettich, Hafele and Blum, which are preferred brands for offering lifetime guarantee, offer bulk buyers such as modular furniture companies roughly double the discount they would offer a single buyer. Also, the owner gets to buy the furniture on a tax-deductible instalment because the cost is included in the property price, which is usually covered by a bank loan.” “In low-rise housing projects as well as hotel construction, modular interiors have gained a firm foothold for offering faster project completion time, which means multifamily units and hotel rooms will begin streaming revenue sooner, a metric of strong interest to capital investors,” says Manoj Rathi, AVP and Head, U&US Home Design Studio. “Additionally, modular properties are seen as having a lower barrier to entry, which means price-conscious clients and those with budgetary limitations may gain access to housing or commercial properties in attractive locations that might otherwise have been beyond their reach.” “In offices, modular furniture is a modern-day convenience for permitting dynamic company structures,” says Sonali Rastogi, Founding Partner, Morphogenesis. “The multifunctional and highly adaptive nature of modular furniture accommodates changes in resourcing, working formats and groups, and tailors to the user’s needs. It allows for flexibility and gives immense possibilities for planning and transforming one’s space depending on the working style and requirements of storage, partitioning, etc. Hence, for companies undergoing organisational re-structuring, I would advise modular furniture. It also works well where affordability is a prime concern. As it is component based, one can simply start with the workstations, and later bring in partitions, etc.” “Modular furniture is amenable to shifting office, inexpensive and lightweight compared to traditional furniture and, hence, easy to procure and transport,” adds Dash. “Workstations, storage, pedestals and tables are generally modular in nature.” “Education is an important segment for Featherlite,” says Dhiren Gopal, Director, Featherlite. “More and more institutions are opting for modular furniture for their classrooms, training rooms, laboratories and the like, for offering both aesthetics and comfort.” CHARU BAHRI

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement