Offsite technologies facilitating industrialised construction are immensely popular overseas. Is the adoption of these gathering momentum in India? Charu Bahri explores further. Offsite technologies present one of the biggest opportunities to the construction industry world over.
Green Tree Homes & Ventures, a Chennai-based real estate developer, is getting into manufacture of prefabricated structures for residential projects. Green Tree Homes has floated a separate company, Town & Tower Systems to offer the complete range of products and services including designing precast friendly residential structures, said Pon Ravichandran, Directore, Green Tree.
While realtors are enjoying the power of tower cranes, vendors are awaiting the revival of the infrastructure market. Elections are over. The new Government has assumed office. But construction equipment markets are yet to pick up.