Page 51 - CO_July_2022
P. 51
INDUSTRY FOCUS
PRECAST & PRECAST EQUIPMENT
In December 2021, Janaadhar Constructions (an affordable design possibilities for architects and engineers, allowing for the
housing company) announced the completion of a purpose-built construction of unique commercial buildings that stand out in terms
precast concrete factory, which will result in significant energy and of architecture and quality. Another award-winning architectural
water savings in housing construction. The plant, which is being masterpiece built with the same precast technology, Orbit, is
funded by Reall (an innovator and investor in climate-smart, already rising to transform Hyderabad’s skyline once again.
affordable housing), will produce modular housing panels that,
when built on-site, will provide affordable green homes to low- Smarter & Sustainable
income families all over India. The application of precast construction technology is proving
In June 2021, Housejoy (a construction, renovation, interior design, to be very effective and efficient in terms of executing large
and home maintenance company) announced a partnership scale construction projects like housing, commercial, institutional
with Tata Steel Nest-In to provide prefabricated modular housing buildings, etc. It is also very efficient with respect to less wastage
solutions in Bengaluru. Housejoy will use Tata Steel’s prefabricated of materials, flexibility in executing all sets of design requirements
construction solutions to build steel-intensive modular homes in like facade, repetitive module blocks. The initial investment for
Bengaluru as part of the partnership. Aurobindo’s newly completed establishing a precast yard might seem very high, it provides the
105-meter luxury office tower, Galaxy, stands tall in the heart of benefit of speedy construction, which ultimately aids in the long run.
HITEC City, towering over the Hyderabad skyline. The elegant glass Several reports estimate that by 2030, almost 590 million people are
facade and sleek design give the robust structure a modern look. expected to shift to urban locations globally. Moreover, increase in
Company claims that the Galaxy has set the record as the tallest investment in construction activities is expected to drive the growth
commercial office tower built with precast technology in India. It of the precast construction market share. According to Allied Market
is Pre-Certified with LEED v4 Gold Rating by the U.S. Green Building research, degree of urbanization in the India increased by 1.2%
Council (USGBC). Within Galaxy, a LEED-rated Green Office system from 2018 to 2020. In addition, more than 50% of all urban growth is
is in place, to promote sustainable cities & communities while also anticipated to take place in emerging economies such as Asia and
helping tenants achieve their sustainability goals. Africa for the next 20 years. Over the past few years, with significant
The environment-friendly and sustainable design generates feel growth in population, the rise in need for the development of low-
good energy throughout the building. The facade, equipped with cost housing units, higher efficiencies achieved through precast
smart detectors, helps regulate heat while letting in vast amounts of methods, and increase in construction speed through precast
daylight. Because of the smart features in the building, it consumes technology drive the market. Besides, conversion, refurbishment,
less energy and natural resources, creating environment-friendly renovation of old buildings boost investment in the construction
workspaces. For example, there’s a rainwater system that captures industry and thus, increase the demand for prefabricated parts,
100 percent of storm water runoff from roof and non-roof areas. which positively contributes toward of the precast construction
Collected water is then reused for domestic purposes and to market growth.
refill the aquifer. Low-flow plumbing fixtures lower indoor water Precast construction is setting new trends in residential and industrial
consumption by 40%. To reduce the demand on the potable buildings worldwide and shows what is architecturally possible
water supply, treated water is used for maintaining the landscape, nowadays. From one-family homes to multi-storey apartment
flushing toilets and cooling water requirements. The best-in-class buildings, through to multifunctional industrial buildings and high-
precast technology used in the Galaxy building opened new quality, sophisticated facades, the sky is the limit.
JULY 2022|CONSTRUCTION OPPORTUNITIES 51

