Hyderabad, Sept.22 (NSS): The Global Construction Fraternity (GCF) announced the launch of its Hyderabad regional chapter, marking a significant milestone to unite and empower construction professionals. The launch themed “Constructing Connections,” attracted some of the construction industry’s leaders in a function held on Saturday night in Salarpuria Sattva Knowledge City, Madhapur. Headquartered in Hyderabad, GCF will launch its Regional chapters in Mumbai, Pune, Mysore and Bengaluru very soon.
Vamsi, Founder of the Global Construction Fraternity (GCF), outlined his mission to create a collaborative platform for construction professionals to network and drive growth. One of the notable initiatives unveiled at the event was GCF’s Quality Rating system for its members. The launch also marked the introduction of GCF’s leadership team and the unveiling of the organization’s new website https://connectgcf.com, enhancing its digital presence and outreach.
A key highlight of the event was a panel discussion on “Innovations and Insights in Construction,” 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.
- Rajshekar Reddy, President of CREDAI Hyderabad, emphasised 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 has a prime market despite other major cities’ challenges.
Vijaya Sai, NAREDCO president of Telangana, addressed financial challenges within the real estate sector, particularly the reliance on bank financing. 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.
Radhey Daggumalla, Managing Director of Radhey Constructions, emphasized the importance of adopting global models for smart cities and fostering trust in builder-customer relationships. Chaitanya Challa, Partner at EIPL Constructions, focused on sustainability, advocating for the use of locally sourced sustainable materials alongside global innovations. He highlighted the growing potential of 3D printing in construction and stressed that collaboration between builders and suppliers is essential for quality and efficiency.
