writingonblog uncensored: Chennai Metro could save 20pc in cost of construct...

writingonblog uncensored: Chennai Metro could save 20pc in cost of construct...: Chennai: Chennai Metro rail could save 20 per cent in cost of construction in the second phase if the five-dimensional building inform...

writingonblog uncensored: Chennai Metro could save 20pc in cost of construct...

writingonblog uncensored: Chennai Metro could save 20pc in cost of construct...: Chennai: Chennai Metro rail could save 20 per cent in cost of construction in the second phase if the five-dimensional building inform...

Chennai Metro could save 20pc in cost of construction if they adopt 5D BIM, says expert

Chennai:

Chennai Metro rail could save 20 per cent in cost of construction in the second phase if the five-dimensional building information modeling, a digital project management platform is introduced, according to regional sales director, Trimble buildings, India and SAARC, Harsh Pareek.

The five-dimensional (5D) Building information system refers to the intelligent linking of individual three-dimension Computer Aided Design (CAD) components or assemblies with time schedule.

Sketchpad” the first computer-aided design (CAD) with the graphical user interface led the way for human-computer interaction but more than that it broke the new ground for modeling programs in the construction industry resulting in the evolvement of BIM.

The 5D BIM will help project managers simulate models that show how changes in design, construction materials and layouts can change the face of the projects for the better. The total cost of the second phase of Chennai Metro rail project is estimated to be Rs 60, 335 crore.

However, the challenge is implementing 5D BIM in Chennai Metro Rail is that it has different stakeholders in the whole process. Paul Wallet, regional director, Trimble Buildings told Express that the key for the success of 5D BIM is that the information flow should be throughout the construction of the project from one stakeholder to another . “It should bring all stakeholders in one page,” he says.

Interestingly, Maharashtra Metro Rail Corporation has implemented 5D BIM, which is expected to save cost and reduce litigations from the twenty-thousand-crore-budget-projects being implemented in Nagpur and Pune. Wallet said that the Nasdaq listed Trimble's clients in India have been large construction firms such as L&T, Shapoorji Palloonji and its products have been used in construction of various metro and airport projects. "Our prducts have been used in the first phase of Chennai Metro and we hope our clients would offer the digital know-how in the construction of second phase," says Harsh Parekh.

Meanwhile, Wallet also highlighted that  Trimble will be setting up a technology lab at the Indian Institute of Technology, Madras, to serve architecture, engineering and construction students.

The lab would expand the IIT Madras leadership in training and research in 3D building design, digital fabrication and sustainable built environment.

writingonblog uncensored: India’s domestic air traffic declines first time i...

writingonblog uncensored: India’s domestic air traffic declines first time i...: CHENNAI: India's monthly domestic airline traffic for April this year declined for the first time in six years when compared to t...

writingonblog uncensored: India’s domestic air traffic declines first time i...

writingonblog uncensored: India’s domestic air traffic declines first time i...: CHENNAI: India's monthly domestic airline traffic for April this year declined for the first time in six years when compared to t...

India’s domestic air traffic declines first time in six years

CHENNAI:

India's monthly domestic airline traffic for April this year declined for the first time in six years when compared to the year-ago traffic, according to International Air Transport Association (IATA) which represents some 290 airlines comprising 82pc of global air traffic.

IATA said that India’s airlines’ traffic actually fell 0.5pc  year-over-year, reflecting the impact of the shut-down of Jet Airways.

The reduction in flight operations of Jet Airways—which stopped flying in April has hit India's domestic aviatic sector with domestic traffic rising just 3.1 per cent in March also, down from February’s growth of 8.3pc. The dip in domestic traffic is well-off the torrid five-year average growth pace of close to 20pc per month.

This comes as IATA announced global passenger traffic results for April 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.3pc compared to April 2018. April capacity (available seat kilometers or ASKs) increased by 3.6%, and load factor climbed 0.6 percentage point to 82.8%, which was a record for the month of April, surpassing last year’s record of 82.2pc

"Driven by tariffs and trade disputes, global trade is falling, and as a result, we are not seeing traffic growing at the same levels as a year ago. However, airlines are doing a very good job of managing aircraft utilization, leading to record load factors.” said Alexandre de Juniac, IATA’s Director General and CEO.

The grounding of Jet Airways has impacted industry's capacity by as much as about 14 percent, and this has resulted in a 4.2 percent fall in domestic air traffic to 10.99 million in April

writingonblog uncensored: Draft Housing Policy proposes for reduction of sta...

writingonblog uncensored: Draft Housing Policy proposes for reduction of sta...: C Shivakumar @ CHENNAI: The proposed state urban housing and habitat policy of Tamil Nadu has suggested for reduction of stamp duty fr...

Draft Housing Policy proposes for reduction of stamp duty to make housing affordable

C Shivakumar @ CHENNAI:

The proposed state urban housing and habitat policy of Tamil Nadu has suggested for reduction of stamp duty from 11pc to 7pc to make dwelling units more affordable, according to information available with Express

The comes after the final draft Urban Housing and Habitat Policy being developed by Ernst and Young has been submitted to German Agency for International Cooperation or (GIZ), an international enterprise owned by the German Federal Government, appointed the agency to understand the current housing scenario and formulate the all-inclusive housing and habitat policy for Tamil Nadu.

The proposed draft comes in the wake housing demand in Tamil Nadu is estimated to be 1.39 million as per the survey conducted  across the cities in the state under the Pradhan Mantri Awas Yojana (PMAY) – Housing for All mission.

S Sridharan, the chairman of Confederation of Real Estate Developers Association of India, Tamil Nadu, has said that the suggestion made under the draft is a welcome move and said that Tamil Nadu is paying the highest stamp duty of 11pc across India.

“The reduction in stamp duty will provide a huge relief to the realty sector which is further burdened with 5pc Goods and Service Tax,” he added.

Sridharan said that CREDAI will be putting forth their suggestion to reduce the stamp duty with immediate effect as it will provide relief to the customer and improve business scenario in the state.

The draft also suggested Infrastructure and amenities (I&A) fund to be maintained at State level and to be utilised for financing development of infrastructure across cities including slum upgradation, affordable housing and new areas.

A differentiated structure of I&A charges shall be evolved to lower overall cost for affordable housing, the draft has stated.