The vertical transportation industry in India is set for a quantum leap, writes AMIT MAITRA. Our cities are changing by the day, as are their skylines. Today, increasingly, our buildings are taller, with more glass exteriors and unique, sharper elevations.
Factors such as rains and festivities affect cement demand in India every year from August to November. Even discounts offered by MNC cement companies to meet their year-end targets also lead to reduction in realisations.
India has witnessed tremendous development in the construction and real estate industry. Having started 10 years ago, Amrapali Group has seen the highs and lows of this industry and, today, is a leader in the fraternity.
As urbanisation strengthens its foothold in India, the housing shortage problem becomes more prominent. The rural poor flocking to Tier-I cities and Tier-II cities turning home to many MNCs have propelled the floating population in India. Rental housing, and not house purchase, is the only solution to this problem.
The recent cyclone and rains in Chennai has certainly brought to the fore the imperatives of constructing buildings that can effectively withstand the furry of natural disasters. Despite being an integral part of our building code, the implementation of disaster-related components has often been compromised by the industry due to multiple reasons.