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Posted in Community : Construction Planning & Management
 

Is Construction Equipment Rental a Booming Sector???

Created by : Pragya Kothari, Construction-Heavy, DLF  | 9 months ago
Industry : ConstructionFunctional Area : Growth(Strategy & Execution)
Keywords : Construction Equipment Rental Booming Sector Equipment Rental Construction Boom Construction Equipment Rental
Activity: 0 referals  102 views;  last activity : 1 day ago

India's construction, housing and real estate sector has been growing at 10% in the last five years, employing more than 30 million people.

What are the challenges Construction Equipment Rental will face ???

Let's Debate on !!!
 
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As large construction projects requires heavy equipment such as cranes, bulldozers, loaders and dumpers. Purchasing such equipment only adds to the costs of construction companies, who are already battling soaring commodity prices. Provide machinery on rent will make it easier for the construction company to contain project costs.
Therefore, I see entrepreneurs have a big opportunity to enter the construction equipment rental business.
By Pragya Kothari, Construction-Heavy, DLF  9 months ago
 
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there is alredy one bank in Gurgoan which moving forward on this issue , renting construction equipments to different agency and u can also give our equipment for rent.
By anshuman tyagi, Project Planning, HCC  | 8 months ago
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 Now days construction industry is a booming sector . Lot of investment is involved in these sector.so obiviosly the profit is more to subcontrctors.
By vigneshkumar , Q&s maytas infra limited  | 9 months ago
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I do see that providing machinery on rent may be profitable for the construction company.But as the steel prices have gone up due to the economic crisis prevailing, there will be a major impact of input cost increase for all Construction equipment manufactures and I dont see entrepreneurs have a big opportunity.
By Venkatesh M, Warehouse Manager, Larsen and Toubro  | 9 months ago
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Answered by Pragya Kothari, Construction-Heavy, DLF  | 1 day ago
Dikshit sir before doing anything new like these they will completely assess the situation whether the idea is feasible or not and then take decision, so Mamata banerjee would have consulted her counterparts on this regard and railway officials to...
Answered by Pragya Kothari, Construction-Heavy, DLF  | 3 days ago
The question if possible can you elaborate it its a bit confusing, you are asking for documents of consumption of oil and lubricants used for machinery which is used in Road and Bridge projects am i Right?
Argument added by Pragya Kothari, Construction-Heavy, DLF  | 3 days ago
Yes Jaisai it has got to do more with structural design as with this the stability of the high rise building is considered  and in high rise buildings, lateral loads become an increasingly dominant parameter for the planning and design of the whole...
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