Hyderabad, Sept.24 (NSS):The Global Construction Fraternity (GCF), a new national-level community for construction professionals has announced the launch of its Hyderabad regional chapter, marking a significant milestone to unite and empower construction professionals.
GCF has expanded into a vibrant community of over 30,000 members spanning 250 business categories across India. GCF Founder, Vamsi, emphasized the organization’s core mission. “Our goal is to create a collaborative platform where professionals can network, share knowledge, and drive business growth.” The launch themed “Constructing Connections,” attracted most respected leaders. Headquartered in Hyderabad, GCF will launch its regional chapters in Mumbai, Pune, Mysore and Bengaluru very soon.
In a press statement, Vamsi, Founder of the GCF, outlined his mission to create a collaborative platform for construction professionals to network and drive growth. One of the notable initiatives unveiled was GCF’s Quality Rating system for its members. This system is designed to maintain high standards across the construction industry. “By rating our vendors, we empower our members to make well-informed decisions and encourage excellence across the board,” Vamsi added.
The launch also marked the introduction of GCF’s leadership team and the unveiling of the organization’s website, https://connectgcf.
On the eve of the launch, a panel discussion on “Innovations and Insights in Construction,” held where prominent industry figures shared their insights on the sector’s evolving landscape. The panelists discussed the rapid changes within the construction industry, strategies to meet growing customer expectations, and the increasing role of technology in making construction projects more efficient and successful.
V. Rajshekar Reddy, president of CREDAI Hyderabad, emphasized that collaboration is key, especially in leveraging government initiatives like Hydra to balance public concerns with the interests of builders. He noted that Hyderabad’s competitive pricing positions it as a prime market despite other major cities’ challenges.
Vijaya Sai, president of NAREDCO Telangana, addressed financial challenges within the real estate sector, particularly the reliance on bank financing. He discussed post-COVID shifts in supply chain dynamics, noting that many suppliers now demand advance payments. He highlighted the need for quality control to meet customer expectations and expressed optimism about the future, particularly with increased accountability in materials due to stricter payment policies.
