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Orbit Corporation Ltd executes Ambuja property land acquisition agreements
 Orbit Corporation Limited, through its nominee Orbit Shelter Private Limited, an affiliate company, has completed the execution of agreements for the acquisition of the land admeasuring about two acres at Kalina, Santacruz and adjacent to Bandra Kurla Complex, Mumbai, from Ambuja Cements Limited at a cost of Rs 333 crore. The company can now develop an area of up to 275,000 sq ft on the site.
Pujit Aggarwal, MD, Orbit Corporation Ltd, said, “The acquisition of the Ambuja Cements plot is part of our Company’s long-term strategy to have a 30 per cent revenue mix of open plot development where we acquire property projects, develop them and sell them. Due to the shortage of high quality commercial buildings in the area and coupled with the locational advantages of the Ambuja Cement plot, we are confident of getting a good price premium from discerning and large corporate entities. We intend to complete this project within two years.” “By completing the formalities of the Ambuja Cements land deal, we would like to reiterate that we shall continue to fulfill our mission of building unique, modern and high quality 'living and working' spaces,” Mr Aggarwal added. |
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Damn the dampness
 Veeresh Rao introduces a unique synthetic resin-based, horizontal barrier solution against rising damp and salt pollution in walls
Rising dampness in mineral substrates and walls is a natural enemy to the durability of any structure. This occurs due to the rising of moisture in the capillaries and pores in walls. This could be due to the dampness or water present in the subsoil. The lower portion of the wall, which is in contact with the ground moisture, acts as a conduit for the moisture to travel upwards using capillary action, and hence, the wall becomes damp leading to blistering of the wall surface and subsequent weakening of the structure.
Chowgule Koster India Construction Chemicals Pvt Ltd introduces Koster Crisin 76, a total solution, for rising dampness in mineral substrates and walls.
The Koster Crisin borehole injection method is a well-known method available worldwide that offers a total solution to this problem. This method is used to install a subsequent horizontal barrier in any mineral construction material where the original ...... cont>>
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Dry and durable
Unnikrishnan B Menon provides a detailed study on the various techniques and chemicals used for waterproofing
Buildings incorporate latest scientific methods to ensure perfection in appearance while waterproofing is done by methods that are centuries or possibly millennia old. Frenetic speed, non-availability of quality construction materials and lack of sincere labour are reasons for poor structures coming up of late.
Waterproofing issues
Since the time people began constructing buildings, mankind has been searching for better ways to protect their structures from the elements. Waterproofing technology has come a long way since animal skins, natural stones and various forms of ...... cont>>
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