Wednesday, October 28, 2015

Looking for a flat in Greater Noida??? Good News for you.


Good News for the flatbuyers of #GreaterNoidaWest. GRENO WEST Metro's #DPR has been ready and sent to the UP Govt for approval. - Navbharattimes,
Hurry ..Get a flat in Amrapali Group

Tuesday, October 6, 2015

Amrapali Group to invest Rs 350 crore in expansion



Amrapali Group is planning on expansion for which it will invest Rs 350 crore in its first precast factory at Kasna in Greater Noida. The expansion is inspired by Prime Minister Narendra Modi's 'Skill India' initiative and is planned to increase productivity. The plant will be set as a new precedent on precast technology.


Amrapali Group believes that Kasna unit is going to be Asia's largest precast factory which is spread across 25 acres of land. They have invested around Rs400 crore in setting up the plant and currently churning out over 50 lakh square feet building area annually, which is equivalent to raising 30 towers (18 floors each).

Amrapali Group's Chairman and Managing Director (CMD) Anil kumarSharma that the company has invested approximately Rs 400 crore to set up this facility and they are looking to invest Rs 350 crore to increase its productivity and churn out over 1.5 Crore square feet building material annually which will give us the capacity to construct a 18 floor tower in 9-10 months.

To avoid labour shortage, time delays and with an aim to deliver quality products, developers and builders are now adopting precast technology. The main advantages of precast technology are quality, speed of construction, and a value-for-money product.

The use of such technology helps in saving up to 64 per cent of the time taken for similar projects using normal construction methods and technology. In other words, if normal brick-and-mortar method takes one year to complete a project, the precast method takes about four months.

The precast technology has been imported from Germany, Finland and Dubai to give a boost to reality sector in India and develop the skill set of Indian labour in foreign technology. This technology has already been proven and tested on foreign shores and now is going to share its benefits with Indian buyers.

Mr Sharma  also said that the whole precast process cost the company 10 per cent more than regular methods, however its commitment to deliver the project on time with quality work has driven them to use the precast so that buyers can get value for their hard earned money. The company has a turnover of over Rs 3000 crore and with its majority of projects to be delivered by 2020, it will see a revenue of Rs7500 crore and precast will play a major role in achieving that figure.

source: http://blog.thevoiceofnation.com/business/amrapali-group-plans-expansion-in-greater-noida-invests-rs-350-crore/