BUILD TO LAST
Construction Week|June 2023
Safeguarding homes for decades can be achieved if the builder and owners are prudent to use the right applications during construction
MOLLY R
BUILD TO LAST

Globally, the construction sector is valued for leveraging economies, promoting industry, and generating employment. Construction sector accounted for 11% of India’s GDP and 1/6th share (35 million) of the total employment generated in the country. India ranked fourth globally in construction, after China, United States, and Japan, with total output placed at $333 billion. In India, the construction sector accounted for around 40% of the development investment during the past 50 years and created assets worth over Rs 200 billion.

Despite the distinct advantages, the construction sector is known to be a large consumer of energy, resources, promoter of global warming, and responsible for creating large carbon footprints. Considering the ever-increasing volume of buildings being constructed or under construction, it becomes critical that the construction sector is made more efficient, productive, and sustainable. Accordingly, appropriate construction technologies, integrated with proper repair, maintenance and retrofitting measures need to be inculcated to make India a global leader in sustainable construction practices.

When hit with disasters, majority of the existing structures face extensive damage and remain vulnerable to further destruction. This is due to improper design, poor quality of construction, lack of proper care and maintenance. This necessitates construction of new buildings to compensate for buildings that are damaged or destroyed. In addition, a number of existing buildings are also being demolished and replaced by new structures.

This story is from the June 2023 edition of Construction Week.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the June 2023 edition of Construction Week.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM CONSTRUCTION WEEKView All
INFRA COMPANIES
Construction Week

INFRA COMPANIES

In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.

time-read
7 mins  |
November 2024
Global standards
Construction Week

Global standards

Glass Wall Systems has been revolutionising the facade industry

time-read
2 mins  |
November 2024
STRIKING THE PERFECT CHORD
Construction Week

STRIKING THE PERFECT CHORD

The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength

time-read
2 mins  |
November 2024
REAL ESTATE
Construction Week

REAL ESTATE

For the past six years, we have resorted to ranking Top 100 real estate and infra companies.

time-read
8 mins  |
November 2024
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Construction Week

THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES

Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends

time-read
3 mins  |
November 2024
DESIGN PAR EXCELLENCE
Construction Week

DESIGN PAR EXCELLENCE

Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay

time-read
3 mins  |
November 2024
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
Construction Week

dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA

dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.

time-read
2 mins  |
November 2024
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Construction Week

GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!

Will develop a group housing plot at Golf Course Road in Gurugram

time-read
1 min  |
November 2024
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
Construction Week

SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E

First phase comprises 2.1 million sq-ft

time-read
1 min  |
November 2024
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Construction Week

HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
4 mins  |
October 2024