Chennai, India (PressExposure) April 27, 2009 -- MARG Limited, India's fastest growing integrated infrastructure company today announced a strategic partnership with SURBANA INTERNATIONAL CONSULTANTS (SURBANA), a Temasek owned multi-disciplinary consultancy company that offers a full suite building and infrastructure solution. SURBANA will provide consultancy services for New Chennai Township Pvt. Ltd. (a fully owned subsidiary of MARG Limited) in prefabrication technology, design, logistics and township development for its mega project 'MARG Swarnabhoomi'.
Speaking on the occasion, Mr. G R K Reddy, Chairman & Managing Director, MARG Group said, "Our association with SURBANA is a giant leap for the infrastructure sector in India. Prefabrication technology is poised to be the future of buildings in the country. We are proud to be taking the first step towards this with MARG Swarnabhoomi. We are confident that prefab construction will be in huge demand, as it provides unique benefits that are difficult to obtain in any regular construction."
Every building at MARG Swarnabhoomi will involve several factory-built components or units that are assembled on-site to complete the unit. Says Mr. R. S. Prakash, Vice President (Business Development), South Asia, Surbana "Our value proposition to MARG lie in our ability to understand their requirements, as we aggregate our knowledge and expertise in the various stages of the infrastructure value chain, encompassing development, consultancy, building technologies, construction resource management, site supervision and facilities management. Being an integrated consultancy company, Surbana is able to provide holistic solutions. We will leverage on our collective experiences to provide workable solutions to meet the needs of MARG Swarnabhoomi."
The energy efficient prefab construction generally reduces construction time by almost 50 percent, reduces wastage and gives better quality finish than conventionally constructed buildings. The structures are prefabricated in factories and delivered to the site complete (or nearly so). Pre-fabricated structures have significant advantages over buildings constructed using traditional methods in terms of cost, quality and the life cycle management of buildings. The stringent planning process required for all prefabricated construction ensures that costs are controlled right from the design stage.
"We plan and design comprehensive townships encompassing residential, commercial and public spaces which enhance the lives of its inhabitants and the businesses which operate there. Going beyond the brick and mortar, we identify social, commercial and lifestyle issues pertaining to townships so that there residents enjoy a vibrant community living. We are passionate about our business and will strive to meet the varied needs of our clients," avers Prakash.
"Apart from cost advantage, Pre-fabricated construction methods have environmental advantages as well. The assembly line production method tends to produce less waste than site-built construction. The economies of scale allow manufacturers cheaper access to eco-friendly building materials. And with the quick set-up time, there's almost no impact on the surrounding areas," adds GRK.
MARG Swarnabhoomi has two Special Economic Zones (SEZs) catering to the Engineering as well as Multi-services industries. Located amidst scenic backwaters and away from the hustle and bustle of the city, the 24 carat city covering nearly 30 Million Sqft of built up area, will also have a fully functional residential complex comprising of 15000 homes, schools, universities, shopping malls, recreation centres, sports facilities, knowledge centres, wellness centres, and a golf course as well. With specific focus on engineering and multi-services sectors, MARG Swarnabhoomi is all set to become a leading business hub in South Asia. The fully equipped business environment, with state-of-the-art infrastructure, will be a perfect destination for corporates looking to set up their units with zero entry barriers.
Surbana Internatiional Consultants Pte Ltd. has the full suite of township expertise. It provides integrated professional consultancy services in urban planning, architectural and engineering design, contracts and project management. With more than 45 years of experience in planning & design of townships, Surbana has sculpted the unique skyline of Singapore. Its multi-disciplinary team has helped develop 26 townships across Singapore creating close to 1 million homes for over 85% of the population in an integrated living environment. Wholly owned by Temasek Holdings, the investment vehicle of the Singapore Government, Surbana has grown internationally.. Being ISO 9001 and ISO 14001 certified, Surbana adopts best practices in quality and environment management systems and constantly strives to improve our processes.
ABOUT MARG LIMITED
MARG Ltd., formerly MARG Constructions Limited is among India's fastest growing diversified infrastructure development companies. Established in 1994, MARG Ltd. is listed on the Bombay Stock Exchange. Headquartered in Chennai, MARG Limited is promoted by the first-generation entrepreneur Mr. G R K Reddy.
The company pioneered infrastructure development on the Chennai IT Corridor. The company's business roadmap encompasses 4 verticals - EPC Contracting - which has over 500 man years of technical experience in handling deep excavation works, high rise buildings, Power sub-stations, High power (above 132 KV) transmission lines, Marine Infrastructure, Industrial Clusters and Living Spaces:
Marine Infrastructure handles Ports & Logistics, Dredgers & Fishing Harbours; Industrial Clusters - for SEZs and Industrial Townships, Living Spaces / Real Estate - to develop commercial and residential spaces. Under the real estate vertical MARG has already developed over 1 million sq ft of commercial space for clients like TCS, Satyam Computers , Scope International among others.
The company's esteemed clientele include market leaders such as Scope International (Standard Chartered Bank), TATA Consultancy Services, Satyam Computer Services, BHEL, Enercon India and Slash Support Systems. For further information contact: Subramanian S. M: +91 96000 76532