Page 4 - September 2015 Digital Construction Opportunities

Editor's spacE Vertical horizon Published by: When it comes to assessing heights of national aspiration – and indeed contemplating the creation of institutions or Highland Media Publishers Pvt. Ltd. building monumental structures – there can be no better Marketing and Sales Office: summit than the Swiss Alps. 609, 6th Floor, Swastik Chambers, Sion-Trombay Road, Chembur (East), Mumbai – 400 071. Writing from the World Economic Forum in Davos in Tel: 022-25271902/03 January this year a key participant in an article ‘Can the Indian tortoise overtake the Chinese hare?’, quoting Prof. Nouriel Roubini of New Editor-in-Chief: York University’s Stern School of Business, had noted how in May 2013 India was Shrikant Rao: shrikant@constructionopportunities.in counted as one of the ‘Fragile 5’ nations and 20 months later was being numbered within the best emerging economies. Editor: Panjami Anand Roubini the man who foresaw the global fnancial crisis now sees the Indian tortoise overtaking the Chinese hare over the next decade. Sr. Correspondent: Veena Kurup edit@constructionopportunities.in Truly it is easy to dismiss that assessment as rodomontade. General Manager - Sales & Marketing Besides internal parameters like national fnancial position it is also critical to look at V Anand: anand@constructionopportunities.in the external which is so very visible. Sr. Editorial & Sales Co-ordinator: Asif Padwekar China is leagues away from its neighbour in terms of infrastructure development. coordinator@constructionopportunities.in Its development juggernaut has been on an astonishing roll for over two decades now. Head Circulation & Subscription: Subhash Bhogale In the mid nineties politicians had aspired for Bombay – the closest Indian imitator support@constructionopportunities.in of the Manhattan skyline – to be catapulted to the Shanghai league. All rights reserved. While all efforts are made to Now 20 years later China has successfully transformed its towns and cities into ensure that the information published is correct. multiple Shanghais; it has built airports, seaports, roads, bridges and rail systems COnStruCtiOn OPPOrtunitiES holds no that are the envy of the Western world. responsibility for any unlikely errors that might occur. With such a critical mass of development witnessed in China – against seeming status quo and the functional atrophy within India – it is truly difcult not to be Printed and Published by Panjami Anand on behalf of cynical about growth despite the eternal optimists. Highland Media Publishers Pvt. Ltd., printed at PC Print Control Pvt. Ltd. at 3-D, Thacker Industrial I remember reading a novel many years ago in which a young girl goes around a Estate, N.M. Joshi Marg, Lower Parel (E) Mumbai brownstone in New York and discovers that the store that sold her tomatoes the 400011 and published from 05-02, Mukand Iron previous day has suddenly disappeared. Staff Association Co-operative Housing Society Ltd., Gavanpada, Mulund (East), Mumbai – 400081 We have not reached that stage of transformation yet. Editor: Panjami Anand But China – which we without admitting it look up to for development – is almost The information on products and projects on offer there. is being provided for the reference of the readers. Tough the US has the most number of tall buildings at this point, China leads the However, readers are cautioned to make inquiries world in terms of tall buildings in excess of a height of 150m-200m and above. And and take decisions on purchase or investment after the rate at which it is constructing these supertalls it won’t be long before it leads the consulting experts on the subject. Universe of High Rises. COnStruCtiOn OPPOrtunitiES holds no India too seems to be waking up to the need for more vertical real estate intervention. responsibility for any decision taken by readers on But from a more realistic point of view, it must not be guided by imitation. Tat is the basis of information provided herein. the only solution for a growing populace strapped to cities which sufers from want of living space. registered Office: 05-02, Mukand Iron Staff Association From a human – and indeed from a real estate sector perspective – this presents a Co-operative Housing Society Ltd., wonderful opportunity for all the stakeholders to reign in unregulated construction, and to set right the dismal living conditions on a sustainability platform. Gavanpada, Mulund (East), Mumbai – 400 081. As can be seen from this issue’s cover story on India’s towering future, vertical will For digital edition log on to: soon be the new horizon. www.constructionopportunities.in Have a nice read Shrikant rao 4 construction opportunities|sEPTEMBER 2015