NAREDCO signs MoU with the Warehousing Association of India
Real Estate

NAREDCO signs MoU with the Warehousing Association of India

National Real Estate Development Council (NAREDCO) has signed an MoU with the Warehousing Association of India (WAI) to address the construction and land-related difficulties that warehousing developers...

National Real Estate Development Council (NAREDCO) has signed an MoU with the Warehousing Association of India (WAI) to address the construction and land-related difficulties that warehousing developers confront. It also endeavours to resolve obstacles and issues that regulators, licensees, permits and approvals and in L&T builds a 12-storey residential tower with 96 flats in just 96 days Speaking about the formation of the special B&F Fast unit, focussing on evolving methods and deploying technology to build to speed and scale, that had recently completed a 7-storey, state-of-the-art flight control system integration centre for DRDO in just 45 days, he adds, “Apart from construction technology, digital technology also helped us achieve this rapid pace of construction. We adopted the concrete maturity method to monitor the development of concrete strength in real-time with digital meters for a seamless construction and monitored progress using the Digital Twin approach with a BIM model developed for the project.” the development and operation of warehousing and logistics businesses have to deal with. The collaborators will be creating guidelines for ethical, efficient, and effective logistics, warehousing, and other related business practices. Furthermore, through combined seminars, webinars, and other outreach initiatives, NAREDCO and WAI will be promoting sustainability awareness. Rajan N Bandelkar, President, NAREDCO, has stated, “With the signing of this MoU we have paved the way for deep partnership and collaboration to solve the problems of construction and land-related difficulties that warehousing developers confront. Dissemination of knowledge by both bodies will bring great value and learnings to the industry.” Also commenting on the collaboration, Sunil Tyagi, Honorary Secretary, WAI, has said, “We are collaborating with NAREDCO to reveal high standards of efficient, effective and ethical practices in the warehousing industry and this is a leap in that direction. No better time than now, with the government policies providing the tailwinds of growth. It’s all coming together well and we are looking forward to fast-track action in transforming the warehousing sector. Our collaboration will surely be fruitful for the industry,” he adds.

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