Interarch: PEB Demand to Grow
“Construction of affordable houses is going to be the next big thing for pre-engineered steel building players,” says Gautam Suri, CTO & Founder Director, Interarch Building Products Ltd, in an interview with NBM&CW.
The market for steel construction is growing exponentially in India with consumers opting for new-age technologies as well as the need for rapid infrastructure development to match the economic growth of the country. The advantages of having a steel structure or building over a concrete one are far too many, and we aware that affordable house is going to be the next big thing for preengineered steel building players. We, however, feel that it may take couple of years more to change the perception of people, and to convince the government official the benefits of making in steel over RCC. The biggest advantage of using preengineered structural steel system is time saving, as steel is manufactured in a plant and directly shipped to site for erection. Buildings can be completed faster and upto 40% of time can be saved in overall execution.
Also, only erection of the building is done at site using nut bolts assembly by skilled workforce, lesser resources are used also, there is not much dependency on labours. Even the chances of delay in project timelines due to various external factors are reduced by almost 80-90%.
As affordable housing gets infrastructure status, do you feel PEB can emerge as a preferred building material for low-cost housing projects? With FM’s announcement to complete 1 crore houses by 2019, how do you see the demand of new construction technologies like PEBs, prefab, etc., that help to execute projects in lesser time and with less resources?