Cement

"Elderly Care: Providing Quality Support for Senior Citizens"

MURALI YADAMA, Founder & CEO, MYK Arment and Managing Director, MYK Laticrete India, writes on the challenging norms and how the company is setting new standards of excellence.If cement and steel are the backbone and the life blood of the construction indust...

MURALI YADAMA, Founder & CEO, MYK Arment and Managing Director, MYK Laticrete India, writes on the challenging norms and how the company is setting new standards of excellence.If cement and steel are the backbone and the life blood of the construction industry, construction chemicals are the tissues and muscles that hold them all in place. MYK Arment products reinforce quality, strength, ensure water tightness and protect concrete structures from atmospheric degradation. In addition to smoothening the building process and speeding up construction, construction chemicals from MYK Arment improve aesthetics, workability, effectiveness, and efficiency. As a result, its customers, consultants and applicators trust the firm in delivering the added benefits of overall cost reduction along with excellent product performance.MYK Arment is among India’s leading construction chemical companies with operations in Nepal, Bangladesh, Sri Lanka, Kenya, and a few other SAARC countries. It is an integralarm of the MYK group, based in Hyderabad, and offers a wide range of construction chemical products that cater to various segments of the industry, including waterproofing, industrial and commercial flooring, and repair and restoration.Wide rangeUsing cutting-edge, German technology, the company produces a wide portfolio of world-class products in three factories across India for its diverse clientele across the globe. These include: Waterproofing systems; admixtures; industrial and commercial flooring; repair and restoration products; grouts and anchors; bonding agents; and curing and sealing compounds.Adding valueSince inception, MYK Arment has always focused on excellence. It constantly raises its own bar by adding value and cementing long-term relationships with various stakeholders across the industry including influencers, such as architects, specifiers, consultants, customers such as contractors, building materials suppliers, concrete producers, channel partners end-users like product applicators and customers. A few of the take-aways reported by its long-term customers have been summed up below:- MYK Arment provides products with improved material performance- Demonstrates greater reliability & durability- Cost-effectiveness& optimization- Contributionto environmental sustainability effortsIt has been ingrained in the DNA of its trained and qualified team to identify industry best practices and then better them; to understand the needs and expectations of all its stakeholders and then exceed these, in terms of its offerings and services; to be innovative and find ways of creating value and improving; to respect each other and achieve outstanding results, together.In all the projects it is working on, identification of root cause, recommending suitable technical solutions and supporting its customers with trained personnel, technical supervision by the technical supervisors as and when required has resulted in the highest levels of client satisfaction.Looking aheadAt present, MYK Arment’s production units are in Hyderabad, Bhiwandi, Kolkata and Vapi. It plans to expand its operations in the near future. It aims to be a significant player in the Indian, Asian, Middle Eastern and African markets, measured by the sustainable and optimal products it offers. This includes considerable investment in infrastructure development projects that will be rolled out in the near future. Its new product launches are expected to flourish in the global market and raise its value by ten folds. MYK Arment’s leadership team is working closely with the industry to create opportunities that will be mutually beneficial in the years ahead.(Communication by the management of the company)

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Infrastructure Urban

PMC Seeks 15 Land Parcels for Key Projects

The Pune Municipal Corporation (PMC) has formally requested 15 government land parcels from the state to fast-track several infrastructure projects currently delayed due to land unavailability. These include plans for 24x7 water supply, road widening in Mundhwa, and the development of a playground in Shivajinagar. "Many projects are stuck because of non-availability of land," said a senior PMC official. Pending projects include the construction of water tanks in Bavdhan and Mhalunge, road development in Kothrud and Ambegaon, road widening in Bhamburde and two locations in Mundhwa, a sports g..

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Infrastructure Urban

NDR InvIT Acquires Rs 706.1 Cr Industrial Portfolio

NDR InvIT Trust announced that it has acquired a Grade-A industrial and warehousing portfolio worth approximately USD 85 million. The acquisition adds 2.01 million square feet (MSF) of operational, high-quality assets to NDR InvIT’s expanding portfolio, spanning Surat, Hyderabad, Bengaluru, and Pune. The portfolio is fully operational with 100% occupancy, featuring marquee tenants and a weighted average lease expiry (WALE) of 15.4 years. The transaction is expected to deliver strong returns. “The acquisition marks a significant step in strengthening our portfolio with high-quality, diver..

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Real Estate

Norway’s Wealth Fund Buys 25% Stake in London Property

Norway’s sovereign wealth fund has announced the acquisition of a 25% stake in a mixed-use property portfolio located in London's prestigious Mayfair district for 305.7 million pounds. The portfolio spans 2.3 million square feet, primarily consisting of office and retail assets around Grosvenor Street and Mount Street. Grosvenor, a leading real estate group, sold the stake but retains a 75% interest in the portfolio. The group will continue to manage the properties, ensuring ongoing control over the assets. The transaction values the entire property portfolio at 1.223 billion pounds. "Gro..

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