Mahindra Lifespaces becomes first real estate company in India to adopt ‘Stay-in-Place Formwork’
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the adoption of multiple new technologies for speedier construction, and improved cost and quality management. These pioneering technologies herald a new approach to construction and are expected to fast-track the adoption of new materials and techniques in Indian real estate. Mahindra Lifespaces also hosted a live demonstration of these technologies at its project ‘Mahindra Happinest’ in Palghar (Mumbai Metropolitan Region).
Arvind Subramanian, MD & CEO, Mahindra Lifespace Developers Limited, said, “The adoption of new technologies in our construction process is integral to our goal of bridging the innovation gap in the real estate development cycle, while continuously enhancing quality standards and processes. Embedding new digital tools and methods into the construction value chain will enable us to deliver projects faster, with greater value for our customers; and will also help strengthen transparency and collaboration across stakeholder groups.”
The on-site presentation at Mahindra Happinest, Palghar also included a live demo of ‘Rebar Automation’ (robotics in construction), which has the potential to significantly reduce construction timelines.
Karthik Kodali, Founder & MD, Kalzen Realty, said, “We are delighted to collaborate with Mahindra Lifespaces® to introduce ‘Stay-in-Place Formwork’ technology in the Indian real estate sector. Our solution unifies the complete construction life cycle on a real-time digital platform that enables synergy between stakeholders, trades and processes. The adoption of Kalzen’s solution by one of India’s most trusted real estate brands will impact the construction industry positively.”