According to the United Nations, the urban population will grow by about 2.5 billion people by 2050, which translates to 80 million new residents per year, 1.5 million new residents per week, or 220 thousand per day. As a result, it’s necessary to engage the vertical dimension of cities to accommodate the population influx while reducing urban sprawl.
Indeed, using high-rise buildings is not the only way to increase urban density. However, cities are embracing the tall building typology for various reasons, including land prices, demographic change, globalisation, urban regeneration, agglomeration, land preservation, infrastructure, transportation, international finance, and air rights, among others. There has been an unprecedented, accelerated pace in the construction of significant high-rises in the last 20 years or so.
Prashin Jhobalia, VP, marketing strategy, House of Hiranandani, says, “Highrises are an effective solution for metro cities such as Mumbai, where space is limited. A holistic approach while designing high-rises can curtail many challenges which we fear may hamper the social fabric and health of a city. Presence of amenities and spaces that foster community development is the key in development of holistic spaces. It makes them socially active, improves physical and mental well-being. Socially active groups may also include celebrations of festivals and special occasion, thus promoting the social fabric of the city.”
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Denne historien er fra August 2022-utgaven av Construction Week.
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INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability