REPL registers robust growth in FY ‘17-’18

The leading Urban Development & Infrastructure consultancy firm REPL (Rudrabhishek Enterprises Ltd.) today held its 26th AGM at the YWCA, New Delhi. This was the company’s first AGM after getting listed at NSE Emerge earlier this year in July 2018. The company has shown robust growth, keeping intact the trends of past several years.

Pradeep Misra, CMD of REPL said, “Financial Year 2017-18 has proven to be a year of many milestones, achievements and recognition for our company. Our company recorded sales of Rs. 38.42 Cr and EBITDA of Rs. 8.44 Cr in FY 18, which is a growth of 39.40% and 20.63% respectively over FY 17. The PAT stood at Rs. 5.26 Cr. The transition to a public listed company (NSE – SME Emerge platform), has not only enhanced our credibility but made us a part of the bigger picture.”

During the financial year REPL was awarded with many large scale prestigious projects such as Kanpur Smart City, Dehradun Smart City, DG-MAP Meerut, PMAY-UP, and Street Vending Plan -Haryana etc.  Misra further stated that in the coming fiscal year the company is targeting to further expand in other areas of infrastructure sector such as highways. The company’s business is perfectly aligned with the overall central and state government policies and vision, and therefore the business outlook is highly optimistic. Long experience and in-house expertise in urban development and infrastructure will bring much more business opportunities in the coming year.

During the previous year REPL has signed an important MoU with the Hungarian multinational Graphisoft for implementation of BIM (Building Information Modelling); and with Italian firm Team Systems SPA for STR Vision CPM (Construction Project Management). Now REPL is one of the few BIM compliant consultancy firms in the country. These technological applications gives us edge in serving clients better in more cost efficient matter.

After listing at NSE, the REPL net worth has gone up and it is now in the league which is largely dominated by MNCs till now, but devaluation of Indian Rupee (INR) has given REPL and other domestic companies an edge over MNCs of similar field.

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Häfele Unlocking Inspirations in Thane (W)

Häfele, the international leader in Interior Functionality, brings the choice of Architects and Interior designers around the world, closer to its customers at Thane QUBIQ HARDWARE & SOLUTIONS, 2,3 Vishram Appartments Opp. Three Petrol Pump, Thane West.At our showroom, we bring design creativity to reality by uniting globally-acclaimed interior trends with innovative functionality, through our interactive functional display settings.

At the onset of the launch, Manish Mahajan,Business Head of Trade, Franchise & Distribution, Hafele India,said;“Hafele unlocks the ideal design inspirations, with the best functionality for your application needs, whether you are an architect or interior designer, whether you are catering to the commercial, hospitality or residential sectors. An innovative and space-optimising range of Architectural Hardware, Furniture Fittings, Kitchen, Wardrobe and Sliding Solutions, that have set benchmarks around the world, are yours to experience first-hand. Our showroom displays efficiently manage space and functionality, without compromising on design and comfort.”
Häfele's furniture fittings (hinges, drawer systems, handles, connectors, ambient lighting), architectural hardware (door hardware and electronic locking systems), and other related fittings are specifically designed for the furniture, building, and hardware supply industries. According to the high officials of Häfele, this is a combination of smart concepts, innovative solutions and infinite possibilities.
Häfele is a strong believer in the mantra that ‘Form follows Function’ and the trick is to combine Functionality with Aesthetics and make them work in almost unperceivable unison. This is explicitly displayed in all Häfele Design Showrooms worldwide.
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Target of a house for each family to be achieved ahead of schedule - Hardeep Puri

Hardeep Puri, Minister of State, MoHUA, Government of India on Thursday expressed optimism that by 2020 every family in the country will have a house of its own. The official estimation is that 11 million houses would have to be constructed to achieve this target. This was planned to be achieved by December 2019 itself.

Speaking at the ‘National Workshop on Earthquake Preparedness in India’ on October 25 & 26, 2018, organized by Vivekananda International Foundation (VIF) in association with UNISDR Arise FICCI India Chapter and Policy Perspectives Foundation (PPF), Mr Puri added that the recommendations of this high level workshop to ensure that the new constructions are disaster resilient would be taken note of.

Gen JR Bhardwaj and Gen NC Vij, Chairman, UN Arise FICCI India Chapter earlier highlighted the work done by FICCI in Disaster Risk Reduction in industrial sector. Brig (Dr) BK Khanna presented role of private sector in Disaster Risk Reduction. FICCI was in the process of making members from business houses, industries, educational institutions & orgs working in DRR field.

FICCI also plans to make all large, medium & large size industries disaster resilient in the time frame given in the (SDG) Sustainable development goals of the Sendai Framework. He also read out the pledge of FICCI as enunciated by Nirankar Saxena, Deputy Secy Gen- ‘FICCI for ZERO TOLERANCE to Natural Disasters’ in the private sector by 2030. FICCI intends to create business opportunities for private sector in DRR alongside the Govt and plans to call for grand challenge to harness and attract innovations in reducing risks on earthquakes, floods and drought.

FICCI has become a Member of UNISDR ARISE since August 2017.  ARISE is UNISDR initiative in the private sector for disaster risk reduction. UNISDR ARISE FICCI INDIA Chapter is the name given to this project from FICCI and it is the one which is co-sponsoring this national level event. 

The objective of this Workshop was to have in-depth discussions with professionals, experts and academicians in this field on key issues like vulnerability, mitigation measures, preparedness, response mechanism etc aimed at identifying the gaps and appropriate recommendations towards earthquake risk reduction.  The Workshop followed five technical sessions, besides the Inaugural and Valedictory. Topics on Earthquake Risk Reduction, Improving Earthquake Safety of Built Environment and Capacity Building for Earthquake Disaster Mitigation & Preparedness, Earthquake Response Capabilities and gaps and Public Private Partnership.

The speakers and panelists represented experts, technocrats and professionals from Ministry of Earth Sciences, National Disaster Management Authority (NDMA), NIDM, NDRF, IITs Delhi, Mumbai, Kanpur, Gandhi Nagar and Jodhpur, JNU, FICCI and International experts in this field etc. The deliberations and proceedings of this workshop was useful for technocrats, engineers, architects and professionals directly or indirectly associated with planning, construction and maintenance in the infrastructure sector, including real estate. This workshop was also helpful for professionals in the field of Disaster Management and Disaster Risk Reduction.

The takeaway from the Workshop was that buildings and infrastructures have to be made disaster resilient & the community and practitioners must have adequate knowledge on the perceived disasters along with know how to save lives and with the loss of infrastructure.

ANAROCK report underscores Gujarat’s thriving economy, housing opportunities

• Compact homes (area less than 646 sq. ft) see maximum traction in Vadodara
•  Surat's residential market set to boom on the back of DREAM City

Gujarat's real estate market presents a mixed bag of highs and lows, according to ANAROCK Property Consultants’ report ‘Gujarat - Land of Innumerable Possibilities’. As knowledge partner for the event, ANAROCK launched the report at the CII Realty & Infrastructure Conclave 2018 in Ahmedabad today.

Shobhit Agarwal, MD & CEO - ANAROCK Property Consultants said, "Gujarat has attracted over ₹65,432 crores of FDI over the last 5 years, accounting for 5% of the total investments in the country. The state’s major real estate markets are largely stable, barring a minor price correction in early 2017 due to demonetisation. Smaller-sized housing units appear to attract the maximum demand overall, though Surat is a notable exception. While there has been fairly constant housing price growth in all segments since 2016, the maximum price rise in major cities of the state has been in the mid-segment:  
 


Dinesh J. Yadav, Chairman - CII Gujarat State Council said, "We at CII are organizing the 1st Edition of Realty & Infrastructure Conclave 2018 for developers and builders based out in Gujarat. Understanding the current scenario, there are sufficient reasons to remain bullish on Gujarat's real estate market, not least of all the state's brilliant macro-economic indicators. Gujarat contributes a massive 18.4% share to India’s industrial output, and the per capita income has increased from Rs. 87,481 in 2011-12 to Rs 1,56,691 in 2017-18. This accounts for an impressive annualized growth of over 12% during the period. Gujarat currently ranks 3rd in India in terms of per capita income. This bodes very well for its real estate growth story."

Report highlights:

•      Gujarat has 419 industrial clusters, which employ more than 17 lakh people. South Gujarat alone has 132 clusters employing more than 10 lakh people.

•     Ahmedabad is witnessing significant infrastructure growth. The main factors fuelling growth of the city are its proximity to DMIC & GIFT City and the proposed Ahmedabad-Dholera Special Investment Region.

•     In Vadodara, smaller homes (with area less than 646 sq. ft) are witnessing maximum price appreciation. Vadodara will also gain from DMIC passing through its borders.

•     Surat has seen rapid increase in population, resulting in severe pressure on existing infrastructure and services. Nevertheless, the Diamond Research and Mercantile City (DREAM City) in Surat will fuel further residential development in and around Surat