Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 22 March 2018

30 MONTHS TO READ A E-MAIL ?


Dharavi  Remaking  SPV

----------------------------


DNA ( 21 Mar ) carries following news :





After several unsuccessful attempts to redevelop Asia's largest slum, Dharavi, the state government has decided to float special purpose vehicle (separate company) for the redevelopment project. Minister for Housing Development, Prakash Mehta announced that decks for redevelopment for Dharavi would be cleared along with Mumbai Development Plan by March 31.


Dharavi redevelopment has been a topic of discussion since almost 20 years now. There are 55 thousand families as per government estimates, who are eligible for new houses after redevelopment.


The entire redevelopment of Dharavi would be roughly more than Rs 30 thousand crore and yet despite repeated efforts by government through various schemes there were no bidders for this project.


An official said that with special purpose vehicle, entire redevelopment would be planned and taken care of by the SVP.


The challenge would be not confined to redevelopment but it would also be providing amenities, maintenance and rehabilitation of all the slum dwellers



This is a very welcome development

And I am glad that Maharashtra Government has decided to implement my suggestion re: creation of INFRASTRUCTURE  SPVS

Now I urge Shri Prakash Mehta ( Minister for Housing Development ) to announce the detailed working of this SPV , as detailed in my following email





Tuesday, 1 September 2015



DREAM  HOUSE  BY  2020 ?



Shri Ravindra Waikar , Minister for Housing , Maharashtra Government , says ( DNA / 16 Aug 2015 ) :


"  We want to provide a dream house to everyone by 2020 . We won't compromise on the quality of construction . It will be at par with that of private builders . We are working on a mission mode "


He is referring to planned construction of 5 lakh " affordable " houses ( flats ? ) , by 2020


No doubt , this is a very daunting task but it is possible if there is " Political Will " - which is evident from above statement of Shri Waikar


Here are my few suggestions that Shri Waikar may want to consider :


#   SPECIFICATIONS

     *  Carpet Area = 400 sq ft
     *  Selling Price = Rs 10 lakhs ( Rs 2,500 / sq ft )


#   LOCATIONS

     *  Building Clusters to be located on the outskirts of cities ( important )
     *  100 Clusters of 50 buildings ( each with 10 floors*10 flats/floor )


#   LEGAL FRAME-WORK

     *  A Special Purpose Vehicle ( SPV ) , named,
        Dream House Private Limited ( DHPL )


#   INDUSTRY STATUS

     *  Infrastructure Industry with 100 % FDI thru automatic route


#   SPV OWNERSHIP

      *   10 % equity by Maha Govt ( in lieu of land )
           Maha Govt to pass on this equity to land-owners
      *   90 % equity by WinSun Decoration Design Engineering Co ( China )


#   SHARE  CAPITAL

      *   Rs 10,000 Crores


#    ROLE OF MAHARASHTRA GOVERNMENT

      *  Acquire land ( under modified Land Acquisition Act )/hand over to SPV

      *  Comprehensive Town Planning of each Cluster like a Smart City

      *  Building Design / Drawings / Material Specs

      *  Quality Control / Material Testing Lab at each site

      *  A Project Monitoring Team at each site / Use of PERT

      *  Site surveillance using CCTV cameras

      *  Make available land for setting up 3D House Printing factories

      *  Interconnection of site offices with HQ , thru VPN

      *  Blanket permissions ( IOD / NOC etc ) issued in advance

      *  OC based on certification from Site Project Manager

      *  Maintenance of flats thru Coop Societies of each cluster



#   COMMERCIALS

     *   Neither SPV , nor Maha Govt to pay any royalty to WinSun for
          transfer of technology


     *   Maha Govt to act as the agency for allotment of flats to eligible public
          in Maharashtra thru a " Lottery System "

  
     *   Selling Price of flats will be fixed by the Maharashtra Government
         once a year , based on a pre-agreed cost - escalation formula, which
         will be explained in detail on SPV web site

          Calculation of each upward revision shall be made public

        
     *   SPV to hand over possession of flat to the allotee upon receipt of
         full payment


     *   SPV shall not be permitted direct selling of any flat in Maharashtra


     *   SPV would be free to set up factories in other States and be free to
          sell flats built there, thru Open Market Sale



#   ROLE  OF  WinSun


     *  Setting up of 20 factories for 3D Printing of flats

     *  Assembling of 3D printed flats at sites

     *  Transfer of 3D house printing technology to Indian project managers /
         site engineers / construction workers



#   TECHNOLOGY

     *  3D ( house ) Printing Technology developed / patented by WinSun



>    WHY  WinSun  ?


     #   On 29 March 2014 , WinSun constructed TEN , 3D printed houses ( 200 sq meter each ) in Shanghai, each costing $ 4,800 ( approx Rs 3 lakh ! )



#    On 17 July 2015 , using its 3D printing technology , WinSun built a 2 storey villa , in just 3 HOURS  !



#    WinSun holds 98 patents for construction materials



#    For 3D printing of houses , WinSun , mostly uses recycled construction materials



#    3D house-printing technology saves,


      *  30% -60 % of building materials

      *  70 % of production time

      *  80 %  of construction cost


#   Egypt Government has placed on WinSun , an order for supplying 20,000 pre-fabricated , 3D printed houses


#   In Egypt , WinSun will establish 12 Dream Factories ( to build pre-fabricated houses ) , within 2 years

     These factories will mostly use desert sand as its main construction material , which was found ideal for 3D printing of houses !



#   In next 3 years , WinSun will set up ( in JV with local parties ) , similar factories in 20 countries , including Saudi Arabia , UAE , Qatar , Mexico , S. Korea , Russia , Morocco , Tunisia , and USA

      
As someone has said :


" It is OK to build castles in the air , as long as you know how to put foundation underneath , later on "

Even if you are dreaming of building 5 lakh castles !

21  March  2018



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