ER. SAMIR SURLAKER CONFERRED WITH CIDC CHAIRMAN’S COMMENDATION AWARD
The Construction Industry Development Council (CIDC) organized a mega event titled CONSTRUCTION INDUSTRY – VISION 2047 which was the theme for the 16th Vishwakarma Awards on 11th April 2025. The event included Discussions, an Exhibition along with the famed CIDC Vishwakarma Awards. Spearheaded by Dr. P. R. Swarup, (DG, CIDC) the event brought together key stakeholders from the Indian and Global Construction Industry. The event was held at Ambedkar Centre, Bhim Auditorium, New Delhi.
The 16th CIDC Vishwakarma Awards were presented during the event, in a glittering function attended by Construction Professionals and Academia. The Chief Guest was Hon. Harsh Malhotra, MOS, Corporate Affairs and MORTH, and the Guest of Honour was Hon. Vijendra Gupta, Speaker, Legislative Assembly Delhi. The function was Inaugurated by Dr. P. S. Rana, Mr Pradeep Bhargava, Dr. B. D. Mundhra, Dr. Chandan Ghosh, Dr. Uddesh Kohli in the presence of Dr. P R Swarup, Director General, CIDC, Er. Samir Surlaker and Er. Ramesh Kulkarni. Er. Aaroh Swarup conducted the event gracefully with excellent time Management.
During the event, Er. Samir Surlaker, Director, Assess Build Chem Private Limited was conferred the prestigious CIDC Chairman’s Commendation Award by P. S. Rana, Chairman, CIDC and Pradip Bhargava, Chairman, VKA Jury. The award was conferred on Er. Surlaker, as token of contribution for being proactively involved with several CIDC Initiatives and for his commitment and drive to create a Vibrant Work Environment for Construction Fraternity, in addition to his active role in Skill Development initiatives through CIDC-IITD Certifications.
Er. Samir Surlaker was honoured to Present the CIDC Industry Doyen Award to the very deserving and renowned Er. Ramesh Kulkarni, Chairman, Soiltech (India) Private Limited.
Er. Surlaker, on behalf of Assess Build Chem and IITD, thanked CIDC for the honour and reiterated his commitment to work with CIDC and contribute to social and technical upliftment, skilling, and promoting best practices & emerging technology in the field of Construction Chemicals, concrete, waterproofing, protection and repairs for enhancing Life expectancy of Civil Engineering Assets, leading to Sustainability.
Er. Samir Surlaker is the Founder and Director of Assess Build Chem Private Limited, a leading manufacturer of high performance, hi-tech, Construction Chemicals. He is also Founder and Director of Institute for International Talent Development (IITD), a skill development and training firm under certification from Construction Industry Development Council (CIDC).
Welspun One secures Rs.2,300 crore construction financing from NaBFID for its JNPA Logistics Park
Welspun One Logistics Parks (Welspun One) is pleased to announce the successful financial closure of its flagship logistics park project at Jawaharlal Nehru Port Authority (JNPA). The National Bank for Financing Infrastructure and Development (NaBFID) has underwritten Rs.2,300 crore in construction financing, underscoring the project’s viability and Welspun One’s credibility in the logistics sector.
The JNPA logistics park, spanning 55 acres, represents Welspun One’s largest logistics development in India. Strategically located within the JNPA Special Economic Zone (SEZ) in Navi Mumbai, this state-of-the-art, Grade A industrial and warehousing facility will cater to e-commerce, 3PL, FMCG, and manufacturing sectors. With a total development potential of over 3.6 million square feet, the park is designed to drive efficiency across supply chains and strengthen India’s logistics infrastructure.
Securing this funding ensures the timely execution of the JNPA project, reinforcing Welspun One’s commitment to large-scale infrastructure development.
This collaboration with NaBFID aligns with our vision to bolster India’s logistics capabilities, catering to the burgeoning demand for Grade A warehousing solutions.
Anshul Singhal, Co-founder and Managing Director, Welspun One, said, “The financial closure of our JNPA project marks a pivotal step in our journey to create world-class logistics and industrial infrastructure in India. This park will set new benchmarks in efficiency and scalability, supporting India’s growing demand for high-quality warehousing solutions. With NaBFID’s support, we are positioned to accelerate execution while continuing to drive long-term value for our stakeholders.”
Commenting on the partnership, Rajkiran Rai, Managing Director, NaBFID said, “We are delighted to partner with Welspun One’s Logistics Park in JNPA. State-of-the-art facilities such as this one are a part of the Government’s plan to reduce logistics cost to the global average of 8% of GDP, in order to promote competitiveness of Indian industry.”
Samuel Joseph, DMD, NaBFID, mentioned, “NaBFID is naturally suited to finance such projects with a long implementation period, requiring an extended repayment schedule. We have extended a 22-year Term Loan for this project. While we have financed other warehousing projects, this project is unique as it comes up in a SEZ area and is being built to international standards.”
The successful financial closure was facilitated by the invaluable contributions of our advisory and legal partners. CBRE conducted comprehensive technical due diligence, Saraf & Partners provided legal advisory services, and BDO ensured meticulous verification and compliance.
This milestone further strengthens Welspun One’s position as a leader in the development of institutional-grade warehousing and logistics parks, supporting India’s economic and industrial growth.
U.S. Green Building Council Launches New, More Comprehensive LEED Rating System for Sustainable Buildings
Recently, the U.S. Green Building Council (USGBC) launched LEED v5, the latest version of its flagship LEED (Leadership in Energy and Environmental Design) green building program. LEED v5 builds on the 25-year legacy and global impact of LEED, updating and strengthening the most widely recognized, influential sustainability standard for the building industry while providing user-friendly tools for building owners and teams to pursue certification through enhanced technology updates.
“Since its public launch 25 years ago, LEED has profoundly impacted millions of people in cities and communities around the world,” said Peter Templeton, president and CEO of USGBC. “LEED v5 raises the bar, further defining and evolving best practices and giving stakeholders across the building industry clear pathways to address today’s challenges to our health, climate, and communities.”
Meeting Today’s Pressing Challenges
The newest version of the LEED standard was developed with input from thousands of green building professionals to respond to today’s most pressing challenges and the significant opportunities at the intersection of sustainability and buildings. LEED v5 focuses on impact areas that touch decarbonization, human and ecological health and resilience. The new version further defines what it means to be a high-performance building today, creating even greater investment potential.
Decarbonization accounts for half of all points for LEED v5 certification to confront current climate needs. The new rating system provides clear, actionable steps to deliver ultra-low-carbon buildings by targeting emissions reductions across all aspects of the building lifecycle, including operations, embodied carbon, refrigerants, and transportation. All LEED v5 projects will complete an operational carbon projection and will be given tools to craft a comprehensive, long-term decarbonization strategy, creating pathways for sustainable transformation.
Quality of life credits focus on human-centric strategies that address the health and well-being of occupants and the communities in which buildings are located. Global demand for healthier and greener spaces has grown in recent years, with occupants increasingly demanding more transparency and accountability around sustainability and health in the built environment. Resilience is another major theme across the rating system, addressing both human and natural systems to strengthen communities. All LEED v5 projects will complete climate resilience assessments to enhance awareness of hazards, increase transparency of risks, reduce vulnerabilities and ensure long-term safety and sustainability. These assessments equip projects to conserve and restore ecosystems, mitigate risks, and minimize business disruptions while protecting asset value—contributing to economic prosperity and safety across communities. Once projects conduct their assessments, LEED v5 offers a variety of strategies that can be incorporated at every stage of the building lifecycle to reduce risk and enhance resilience.
“Investors, owners, occupants, and policymakers are asking for high-performing buildings that reduce emissions, mitigate climate risk, provide healthy, productive spaces, positively impact communities, and protect natural systems,” said Sarah Zaleski, chief products officer of USGBC. “LEED v5 provides the best practices and accountability to drive performance across all these dimensions, delivering tangible benefits to building owners and their stakeholders.”
A Sound Investment
LEED-certified assets are proven to drive return on investment and greater future earning potential. Notably, LEED buildings achieve a 21.4% higher average market sales price per square foot over non-LEED buildings; average 11% higher rent rates; attract more favorable and stable financing options; and reduce water, energy and waste by more than 20%. These environments also result in healthier and more productive employees and occupants.
“For more than two decades, LEED has played a critical role in transforming the real estate sector at a global scale by bridging the gap between sustainability and commercial value,” Anica Landreneau, senior principal and director of sustainability, HOK. “It has empowered organizations to develop high-performance buildings that significantly reduce environmental impacts and provide healthier, more resilient spaces for occupants, while also supporting the achievement of business goals.”
A Sustainability Story for Every Project
LEED is the most widely used and globally recognized leadership certification that helps building owners clearly articulate their sustainability commitment and achievement, which is verified through rigorous third-party certification. All projects certified under LEED v5 will receive impact reports to communicate their strategies and performance to internal and external stakeholders. In addition, the new project priorities category allows customization of LEED to meet the unique opportunities across all global regions and market sectors.
LEED provides the necessary transparency and integrity for a project’s certification, ensuring project teams deliver on design plans and goals. The standard drives additional accountability tied to project-specific goals and gives building owners the proof points to successfully meet goals and proudly articulate those outcomes.
“LEED v5 represents a bold step forward in transforming the built environment,” said Grace Kwok, chief sustainability strategist, AEC Capital Limited. “It emphasizes climate resilience, recognizing the need to adapt our built environment to a changing climate. We have the privilege to complete the first LEED v5 project in Asia, with ICC (International Commerce Centre) setting a new benchmark and leading the charge for innovation and excellence in green buildings.”
LEED v5 was developed with the help and support of USGBC’s vast global ecosystem of knowledgeable members and volunteers. In 2024, USGBC held two public comment periods, receiving more than 7,000 comments from LEED users worldwide that informed the final version of the rating system. USGBC members ratified the new version earlier this year, providing a final endorsement of the new rating system. LEED v5 registration is now available for new construction, interior and existing commercial building projects through our platform.
Rustomjee Unveils 35,000 Sq. Ft. Industry-First Labour Housing for 500 Workers
Rustomjee Group—known for its people-first approach to urban development—has introduced a Labour Housing facility at the construction site of Rustomjee Urbania in Thane, marking a first-of-its-kind initiative in the Indian real estate industry. Unveiled on 13th April 2025, the facility spans 35,000 sq. ft. and is designed to accommodate 500 workers across 84 well-ventilated rooms, each measuring 10 feet by 10 feet and housing up to six individuals.
Rooted in the Rustomjee culture of care and community, this thoughtful initiative reflects not just infrastructure, but intention. What has been created is not just accommodation, but a nurturing ecosystem that underscores the Group’s commitment to giving back to those who build homes for all of us – and reinforces its enduring belief in building not just better homes, but better lives.
Commenting on the launch, Boman Rustom Irani, Chairman & Managing Director, Rustomjee Group, said, “At Rustomjee, we believe that the people who build our cities deserve to be at the heart of them. Our newly developed labour accommodation at Urbania is a reflection of that belief – designed not just as housing, but as a dignified and holistic living environment. This initiative reinforces our long-term vision to raise the standard of worker welfare in the real estate industry. We hope this sets a benchmark that can be progressively adopted across our projects and inspires a broader shift towards more inclusive and responsible development.”
The labour housing incorporates eco-conscious infrastructure, including a 40 KLD Sewage Treatment Plant (STP) that recycles water for flushing and landscaping, and a 200 KG Organic Waste Composter (OWC) to manage kitchen waste on-site. A comprehensive fire protection network, with 13-yard hydrants, 900 LPM fire pumps, and sprinklers in critical areas like the gas bank and kitchen, ensures round-the-clock safety. Efficient Hutments: Workers’ accommodation built with PUF panels, offering thermal insulation to maintain cooler indoor temperatures
Commenting on the launch Anupam Verma, CEO, Kapstone Constructions (a Rustomjee Group Company), said, “Housing for workforce is typically seen as a checkbox requirement. At Rustomjee, we’ve redefined that. We have engineered this with the same precision and care we apply to our flagship residences. Every detail—from safety systems to sanitation and recreation—has been curated to ensure that our workforce is cared for like any resident of an urban township.”
From well-designed living spaces to hygiene, clean cooking (gas-enabled), and dining facilities, every element has been planned with care. The facility includes 29 toilets, 9 urinals, and 15 dedicated bathing points, ensuring clean and accessible sanitation.
A UV-based water purification system provides safe drinking water, while a fully equipped canteen—powered by 42 double-burner gas stoves—can serve up to 280 workers at a time.
Beyond essentials, the facility also fosters community and recreation—with an open gym, sports zones, a projector room for after-hours leisure, a full-time doctor’s clinic, maternity room, barber shop, crèche, retail outlets, and an entertainment room—ensuring every aspect of worker well-being is cared for.
Plans are already underway to implement similar models at other Rustomjee projects, reinforcing the Group’s vision of holistic, integrated development—one that includes its workforce at every step.
Marvel Realtors to Redefine High-End Living with ‘Basilo’—Koregaon Park’s First-of-its-Kind Luxury Towers
Marvel Realtors is proud to announce Basilo — an ultra-luxury high-rise in Lane 5, Koregaon Park, one of India’s most sought-after neighbourhoods. With expansive residences, refined design, and a thoughtfully curated amenity experience, Basilo sets a new benchmark for elegant city living. This rare and private address brings together space, calm, and quiet sophistication with a natural sense of elegance.
Speaking about the announcement, Vishwajeet Jhavar, MD and CEO of Marvel Realtors, said, “This development is rooted in a simple belief that luxury is not just about finishes and amenities, but how a space makes you feel every single day. Koregaon Park has long been Pune’s crown jewel, and Lane 5 carries an iconic identity. With Basilo, we see this as more than real estate; it’s an opportunity to create homes that offer privacy, greenery, openness, sophistication, and unmatched comfort in the middle of the city. With rising demand and limited supply in prime areas, we believe this project will become a defining address for Pune’s new generation of homeowners and global investors. It is being thoughtfully built to offer an experience that goes beyond what Pune has seen so far—a quieter, more refined, state-of-the-art kind of luxury that gets everything right.”
Basilo will feature ultra-spacious 3, 3.5, and 4.5 BHK residences ranging from a carpet of 1,525 to 4,500 sq. ft., crafted to bring home the feel of a five-star hotel—only more personal and ultra luxurious. The design pairs calm elegance with quiet luxury—marble floors throughout, and warm engineered wood in one bedroom. Master bathrooms come with marble finishes. Kitchens are thoughtfully equipped with a modular design and premium built-in appliances—hob, chimney, dishwasher, microwave, and oven. Each home also includes a complete VRV/VRF air-conditioning system for silent, steady comfort.
The amenities are second to none, designed to make everyday living feel extraordinary. With a team of world-class architects, lighting experts, and interior and landscape designers behind it, Basilo is set to be truly one of a kind. Possession is expected in just 20 months.
Beyond the homes, Basilo elevates everyday living with hotel-grade lobbies, elegant visitor lounges, and an unmatched suite of lifestyle and utility-driven amenities:
Landscaped gardens, a grand gated entrance, and a swimming pool
Fully equipped gym, steam, sauna, jacuzzi, salon, and yoga studio
Entertainment lounge with open-air video screening, bar, kitchen
Private theatre, game zones, poker room
Business centre with boardrooms, meeting lounges, and coworking spaces
Multipurpose Playcourts, squash court, walking tracks
Dedicated areas for staff and drivers, including lounges, bunk beds, showers, and a car wash station
Thoughtfully planned children’s play area
Strategically located, Basilo combines the quiet charm of Koregaon Park with proximity to Pune’s top schools, restaurants, boutique cafes, clubs, airport and hospitals and business districts. As large-format luxury apartments in central Pune become increasingly rare, Basilo fills a crucial gap in the market for those who value both space and stature.
With Basilo, Marvel Realtors goes beyond building homes; it curates a way of life.
This project sets a new benchmark for what it means to live luxuriously in the heart of Pune, and is poised to become one of the city’s most aspirational addresses.
Vivek Bhole Architects Set New Standards in Client-Centric Design Excellence Using Nemetschek’s Archicad Software
Nemetschek Group-India, a global pioneer in digital solutions for the AEC (Architecture, Engineering, and Construction) industry, proudly announced that Vivek Bhole Architects Pvt. Ltd., a renowned name in Indian architecture and urban design, has adopted its flagship software Archicad to drive innovation, precision, and design efficiency across its projects.
The integration of Archicad, a powerful BIM (Building Information Modeling) solution from the Nemetschek portfolio, into Vivek Bhole’s design workflows marks a significant milestone in India’s rapidly digitising construction landscape. Known for iconic urban planning and architectural excellence, Vivek Bhole Architects Pvt. Ltd. selected Archicad for its intuitive interface, collaborative capabilities, and superior design flexibility.
“Nemetschek Group-India is committed to equipping India’s top design minds with world-class tools that elevate creative and technical possibilities,” said Nirmalya Chatterjee, Managing Director Nemetschek Group (Indian Subcontinent). “We are thrilled to partner with a prestigious firm like Vivek Bhole Architects Pvt. Ltd., which is shaping the future of architecture with visionary projects. Archicad’s intelligent modeling and visualization capabilities will be instrumental in supporting their cutting-edge design ethos.”
Vivek Bhole Architects Pvt. Ltd. brings decades of experience in master planning, architectural design, and sustainable development across commercial, residential, and public infrastructure domains. With Archicad, the firm aims to enhance design accuracy, improve team collaboration, and reduce project delivery times—all while maintaining the aesthetic and functional integrity of each design.
Vivek Bhole, Managing Director of Vivek Bhole Architects Pvt. Ltd., commented: “We believe that leveraging advanced technologies like Archicad is essential to remain at the forefront of architectural innovation. Our commitment to research, development, and technological integration empowers our team to deliver complex, high-performance designs efficiently. The adoption of Archicad aligns perfectly with our vision of pushing creative boundaries while ensuring precision and collaboration at every stage of our projects.”
As part of its broader mission, Nemetschek Group-India continues to forge strategic alliances and provide state-of-the-art software that empowers India’s AEC professionals to meet global standards of quality and efficiency.
Prestige Group Launches Rs.9,000 Crore ‘The Prestige City’ in Indirapuram.
Prestige Group, a leading real estate developer, has officially marked its entry into the National Capital Region (NCR) residential market with the launch of the first phase of its ambitious project, ‘The Prestige City – Indirapuram’. The initial phases, named Oakwood and Mulberry, boast a combined Gross Development Value (GDV) exceeding Rs.9,000 crore, positioning this debut as one of the most significant in the history of NCR’s real estate sector.
With all necessary approvals secured, Prestige Group has commenced marketing for Oakwood and Mulberry, which together will offer 3,421 premium homes spread across 19 towers. The residences feature a sophisticated mix of 2 BHK, 3 BHK, 3 BHK + Home Office, and 4 BHK + Home Office configurations, with unit sizes ranging from a spacious 1,681 sq. ft. to an expansive 6,026 sq. ft. Upon the launch of the second phase, “Mayflower,” the total GDV of the entire residential development is projected to reach a staggering Rs.12,000 crores.
Sprawling across 62.5 acres in Indirapuram Extension, strategically located on National Highway 24, ‘The Prestige City – Indirapuram’ is meticulously designed to offer an unparalleled lifestyle. The township will feature world-class amenities, including two grand clubhouses spanning over 100,000 sq. ft., and an integrated Forum Mall encompassing 1.18 million sq. ft. of retail and entertainment experiences.
Benefiting from excellent connectivity, robust social infrastructure, and the dynamic growth of the Indirapuram Extension corridor, ‘The Prestige City – Indirapuram’ is poised to become NCR’s next iconic address.
Irfan Razack, Chairman and Managing Director of Prestige Group, expressed his enthusiasm about this significant milestone. “Today marks a monumental chapter for Prestige Group. We are thrilled to make our debut in the vibrant NCR residential market with The Prestige City – Indirapuram. This project embodies the scale, ambition, and integrated lifestyle that Prestige stands for.”
He further emphasized the company’s long-term commitment to the NCR market, stating, “It is only the beginning – we are deeply committed to expanding our presence in NCR, and The Prestige City – Indirapuram is the first of many more landmark developments we have planned for this dynamic market. We are confident it will set a new benchmark for the region and redefine what modern living means in NCR.”
Macrotech Developers (Lodha) Pours Rs.8,000 Cr into Land Bank for Growth.
Macrotech Developers Ltd, operating under the well-known ‘Lodha’ brand and recognized as one of India’s largest real estate companies, has announced ambitious plans to invest upwards of Rs.8,000 crore in the current fiscal year. This significant capital outlay is strategically directed towards acquiring prime land parcels in the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. The acquisitions are integral to the company’s expansion strategy, focusing on the development of new housing projects in these key markets.
Sushil Kumar Modi, Executive Director-Finance at Macrotech Developers, highlighted the sustained robust demand within the housing sector, particularly for established brands with a proven track record of successful project execution. This confidence in market dynamics underpins the company’s aggressive land acquisition strategy.
The focus on MMR, Pune, and Bengaluru reflects the strong growth potential and established real estate markets in these urban centers. By securing strategically located land parcels, Macrotech Developers aims to further strengthen its presence and cater to the increasing demand for quality housing from trusted developers. This significant investment signals the company’s commitment to long-term growth and its intent to capitalize on the favorable market conditions in India’s leading metropolitan areas.
Pacific Group to Develop 1.5 Million Sq Ft Mall in Jaipur.
Real estate firm Pacific Group will develop a 15 lakh square feet shopping mall and a hotel in Jaipur as part of its expansion strategy to tap into the growing demand for premium retail spaces, a senior company executive said.
The group, which currently operates nine shopping malls totaling over 30 lakh square feet across Delhi, Ghaziabad, Faridabad, and Dehradun, is now entering the Rajasthan market.
“We have a portfolio of nine shopping malls and now we are expanding in Jaipur, Rajasthan,” Pacific Group Managing Director Abhishek Bansal told PTI. He added that the company has acquired an 11-acre land parcel in Jaipur for the upcoming project.
Brigade to Construct Chennai’s Tallest Residential Project in Perambur.
Brigade Enterprises Ltd, the Bengaluru-based real estate giant, is set to expand its footprint in Chennai with plans to construct the city’s tallest residential project in Perambur, featuring 49 floors.
This new project will surpass Brigade’s own ongoing development, Altius in Sholinganallur, which has 47 floors, as well as the SPR Towers in Perambur, which is a 45-floor project.
The Perambur project will consist of five towers, with the remaining four towers ranging between 38 and 43 floors. The development will span 15.82 acres and is expected to be built with an investment of Rs.620 crore, sources revealed.
