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NAIKNAVARE AND ASSOCIATES

COMPANY PROFILE

Naiknavare & Associates is a partnership firm established in 1986 engaged in the activity of

real estate development. The first project of the firm, “PRASHANTA” began with a small

plot in Tulshibagwale Colony in Parvati area of Pune. After the first two of years, when they

finished smaller projects of around 10-15000 sq. ft each in the middle class income group

localities of Kothrud and Aundh, they commenced their most ambitious project,

“ CHAITRABAN RESIDENCY “ in Aundh. This project comprised of 9 buildings housing 225

one, two and three bedroom flats. This project till date remains an excellent example of

sustained, positive, builder-customer relationship in Pune. Another project, which has been

widely accepted by customers, is ‘INDRADHANU’ in Kothrud comprising of 70, one two and

three bedroom flats where the beautifully designed apartments and landscaped

development have been well appreciated. A commercial project in the centre of the Pune

city, “ARTHASHILP” also deserves special mention.

After concentrating on the Deccan side of Pune in their formative years, the company shifted

their attention to the more cosmopolitan cantonment side of Pune with projects in Koregaon

Park, Kalyani Nagar and Wanowrie.

In 1997 ‘SUNSHINE COURT‘ a complex housing 112 one bedroom flats, 16 two bedroom

flats, 20 three bedroom flats, 13 row houses & 18 shops, all with modern amenities such as

swimming pools, landscaped gardens, fully equipped clubhouse, fountains etc was

completed. In the year 1999 ‘GARNET RESIDENCY’, a project of 2 and 3 bedroom flats

was completed in Wanowrie. TRINITY COURT, an exclusive project of 65 one, two and

three bedroom flats was completed in the Koregaon Park area, thus making the company’s

presence felt in all part of Pune city.

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SUNSHINE COURT, Kalyani Nagar, Pune.

The emphasis of this firm has been to develop in-house facility in all areas of construction

viz sales, engineering, architecture, structural designing and property management

services. All the above in-house divisions facilitate quick decision-making and efficient

construction methods. Being a technically motivated group, every effort is made in

encouraging better construction practices. The firm has developed a strong fully equipped

team of Construction Engineers, Architectural Engineers, Legal Professionals, Marketing and

Sales Personnel, IT professionals, Finance personnel and Liason Personnel. All interaction

with the local as well as state and central government agencies are taken care of by the

firm’s in-house liason department. Over the years the company has built up and excellent

rapport with the various governmental agencies which control various aspects of the

construction industry. The company also enjoys an excellent rapport with all major financial

institutions like banks and housing finance companies. Apart from this, the management is

in close contact with all major political organizations on a state/ national level. The firm has

been continuously upgrading and enhancing the use of modern construction systems and

equipment.

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The firm is one of the first to use Aluminum Tunnel Form equipment for construction in the

residential projects. The first lot of equipment was imported from Canada and thereafter,

the engineering department has developed the same indigenously. The use of this

technology allows the firm to complete construction of one entire floor in a record period of

seven days. In addition to the fast completion, the finishing and strength of the construction

is superior to that of conventional construction method. The use of the technology is also

cost effective and also saves on overheads due to faster completion period.

The aluminium formwork technology, AluFORM was used in the construction of SYLVAN

HEIGHTS, in the Aundh area of Pune. The construction of this project was completed in a

period of 9 months. The same technology was once again successfully implemented in the

construction of IMPERIAL RESIDENCE at Kalyani Nagar.

SYLVAN HEIGHTS, Aundh Pune. IMPERIAL RESIDENCE, Kalyani Nagar, Pune

The firm started a first of its kind “Property Services Division” for its customers. This

envisages a full-fledged staff to maintain post completion requirements of their customers.

The functions of this division include supervision of all the agencies and contracts, such as

entertainment and community activities, gardening, security, house keeping, equipment

maintenance including elevators and pumps as well as administration. The Property Services

Division also encourages customers to lease/rent out their flats through their network at a

nominal service fee.

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After consolidating their construction activities the company diversified into the hospitality

business with “Seasons Service Apartments” at Koregaon Park. This apartment hotel offers

fully furnished and equipped luxurious air-conditioned apartments varying from 575 sq.ft to

980 sq.ft with either single bedroom or double bedrooms including kitchens, dining areas.

The price is inexpensive as compared to other offerings due to lower overheads and taxes.

It has become the ideal home away from home for guests and enjoys excellent patronage

from the business community in Pune.

PROMOTERS AND MANAGEMENT

D. P.NAIKNAVARE : Age: 79 years, B.E. (Mechanical and Electrical). He has a wide range

of experience in construction of oil refineries, petro-chemical plants, chemical units,

fertilizer plants and major cross country pipe-lines. As the chief engineer of Gujarat Refinery,

he received the President of India Medal for having completed the project ahead of schedule.

In his diverse career, he has worked as the construction and maintenance manager of NOCIL

for eight years. He retired as Regional Vice President of M/s Dodsal Ltd. His wide experience

and maturity lends solidity and depth to the business.

H. D. NAIKNAVARE: Age: 45 Years, B.E. (Civil) and L.L.B. He graduated with distinction from

the University of Bombay in 1982 and started his career with reputed contractors like Jog

Constructions & Rathi Beharey Promoters and Builders. He was in business as an independent

contractor for a while. In Naiknavare & Associates, he is the partner in-charge of the legal

department, land procurement, accounts & administrative aspects of the company.

G. H. NAIKNAVARE: Age: 44 Years, B. Arch. She has completed her graduation in

Architecture in 1983 from Sir J. J. College of Architecture, Bombay. She has worked with

architects of international repute like Mr. Pheroze Kudianwala, M/s Dubon Consultants, Bombay

and with reputed builders & architects in Pune viz. Chaney & Associates and Gera Developers.

She is the partner in-charge of the architectural department of the company.

R. D. NAIKNAVARE: Age: 43 Years, B. E. (Civil), M. S. (Structural Engineering). He graduated

with distinction from the Bombay University in 1984 and has obtained Masters in Civil

Engineering (Structures) from the USA. He worked for two years with M/s Bharucha &

Motivala, a reputed firm of contractors in Pune. He is the partner in-charge of Marketing,

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Finance, Procurement, Construction, Planning, Property Services & Structural Designing

Division of the company.

EMPHASIS FOR THE IMMEDIATE FUTURE

Real Estate Construction in Pune has become competitive. Naiknavare & Associates have

honed their skills to providing shelter to between 400 -500 customers a year in the higher

income bracket over the next five years. While this envisages flats with values between 10

lakhs to 25 lakhs each, a separate emphasis has been made to develop mass housing for

the lower income groups. This includes 2 room tenements, 3 Room tenements and 4 room

tenements at approximate values of Rs 3, 4.5 and 6 lakhs each. Additionally a few office

complexes for the IT industry as well as commercial spaces for retail businesses are also on

the anvil. With this in mind the company is aggressively sourcing properties in various

localities of Pune.

A write-up on AluFORM Construction System, which is a hallmark of our new projects, is

given below.

A L U F O R M

A Low Cost System for Housing Using Aluminium Formwork

AluFORM is a construction system for forming cast in place concrete structure of a

Building. It is also a system for scheduling & controlling the work of other

construction trades such as steel reinforcement, concrete placement and mechanical

and electrical conduiting.

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AluFORM system provides

aluminium formwork for RCC load-

bearing multi-storeyed buildings and

enables the walls and slab to be

poured in the same operation. This

increases efficiency, and also

produces an extra -ordinarily strong

structure with excellent concrete

finish.

Due to the fine tolerances achieved in

the machined metal form-work

components, consistent concrete

shapes and finishes are obtained floor

after floor, building after building,

confirming to the most exacting

standards of quality and accuracy.

This allows plumbing and electrical

fittings to be prefabricated with the

certain knowledge that there will be

an exact fit when assembled. The

dimensional accuracy at the concreted

work also results in consistent fittings

of doors and windows. The smooth off

form finish of the concrete eliminates

the need for costly plastering.

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The Aluform system of

aluminium forms has been

used in the construction of

thousands of residential flats in

both low rise and high-rise

buildings. It has been proven

to be very successful in the

construction of low cost mass

housing projects in various

parts of world. It is fast,

simple, adaptable and very

cost effective.

The AluFORM system is

unique because it forms all

of the concrete in a building

including, walls, floor slabs,

columns, beams, stairs

window hoods, balconies

and various decorative

features in exact

accordance with the

architect’s design. No other

system can match AluFORM

flexibility to handle all

design conditions.

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Unlike other construction systems the

AluFORM system of aluminium forms can

be erected by unskilled labour and

without the need for hoisting cranes. The

largest panel weight not more than 30

kgs which means it can be handled by a

single worker. The panels and other

sections are secured and fixed by steel

pins and wedges with spacer ties. The

only tool required is a hammer.

The system requires large volume of work and repetition in design. Quality speed and price

are equal or better than any of the other systems. AluFORM enables the use of load bearing

wall design for 15% savings in the cost of the structure.

System’s Benefits: -

1. Requires no cranes or heavy lifting equipment.

2. Can pour walls and floor slabs together.

3. Remove floor slab forms without moving props.

4. Form stairs in place as part of work cycle.

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5. Requires no skilled labour.

6. Suitable for low and high rise buildings.

7. Equipment adapts to different designs.

8. No need to use any timber or plywood.

9. Forms full cellular (load bearing wall) designs.

10. Suitable for any design without need to modify.

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