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ABSPL Monthly News Letter | Edition: October’14
ASTER
BUILDING
SOLUTIONS ESSENCE
Projects Update:
We have completed 9 projects in the
month of Aug & Sept 14, the major
ones are:
1. J-516 – Hindustan Coca- Cola
2. J-642 – NCL Wintech Ind Ltd
3. J-496 – L&T MRO
4. J-558 – Multivision
5. J-644 – Tulip Granites
Jobs under WIP 1. J-648B – L&T Pali – Pali, RJ 2. J-460 - Indigo Denim – Nagpur, MH
3. J-679 – Sijcon Consultants – Baroda, GJ 4. J-568 - Celloplasts – Valsad, GJ
5. . J-581 – Nuziveedu Seeds – Kothur, TG 6. J-582 – KEC International – Vellore, TN
7. J-583 – Cinda Eng. (Canteen) – Bharuch, GJ 8. J-584 – Gold Seal Saraghumi – Baroda, GJ
9. J-587 – SNF India Pvt Ltd – Vizag, AP 10. J-588 – L & T (TCS- Adibatla)– Hyderabad, TG
11. J-589 – IFFCO – Kandla, GJ 12. J-604 – JSW Energy Limited – Bellary, KA
13. J-650 – OLAM Agro – Vizag, AP 14. J-667 – Shankar Pkg. – Baroda, GJ
15. J-613 – Cristal Sea Food – Chirala, AP 16. J-648 – L&T Sikar – Sikar, RJ
17. J-661 – BVL Infra – Ongole, AP 18. J-644 – Tulip Granites – Ongole, AP
Business Update:
We have booked 1,778 MT jobs in the
month of Aug & Sept 14. The major jobs
are:
1. Usha Convention Centre
2. KBD Sugars & Distilleries
3. Siemens Ltd
4. Ramesh Trade & Infra
5. Swastik Flexipack
“Project managers function as bandleaders who pull together their players each a
specialist with individual score and internal rhythm. Under the leader’s direction,
they all respond to the same beat.” - L.R. Sayles
Announcements:
Mr. Pradeep Goud. Anpoor
(Jedcherla Factory) has completed
5 years’ of service in Aug’14. We
are proud to have a team member
like him.
Following colleagues have joined us in Aug & Sept ’14:
Pathan Sajid –Safety
Md.Naser Alim – Projects
S.Ganesh - Projects
Medical Camp Conducted by Yashoda Super Speciality Hospital on 06-08-14
Independence Celebrations conducted on 14-08-14
Birthday Buddies of Sept & Oct’14:
1. Bandapalle Manyam Naidu (Prod.) – 4th Sep 2. Gundappa K Rao Katte (Prod.) – 5
th Sep
3. Srikanth Sikha (Designs) – 16th Sep 4. Pradeep Kumar L (F&A) – 27
th Sep
5. Sunny R Bhai Solanki (Prod.) – 29th Sep 6. Alex C John (Detailing) – 30
th Sep
7. Ravi M (Prod.) – 6th Oct 8. Hiren Panchal (Stores) – 10
th Oct
9. S.Wilfred Joseph (Projects) – 19th Oct 10. Madhu Krishna G (QA) – 29
th Oct
L&T Sikhar CINDA Canteen Building
KEC Bhansali Packing
Know your Team:
PMG Team
Customer Relations Tips:
“Courteous treatment will make a customer a walking advertisement.”
“Customer service is not a department, it’s everyone’s job.”
K S L Srinivasa Rao
Senior Manager Joined in 2014. He carries over 17 years’ of experience in Project & Construction Management of Steel structures and buildings. His wife is homemaker. He has one son (K Sai Nihash) and one
daughter (K Pragnaa Mohitha).
Kishore Raju Kosuri
Manager Joined in 2009. He carries over 18 years’ of experience in Project & Construction Management of Steel structures and buildings. His wife is a homemaker. He has one daughter (K. Lakshmi Tanishi) and one son (K. Rithivk Sai Verma).
S. Ravikanth Reddy
Senior Engineer Joined in 2011. Mechanical engineer from Anna University with over 6 years of experience in project management and PPIC. His wife is working as Deputy Manager for M/s. Kotak Mahindra Bank. He likes to watch television and play cricket.
Srikanth Satkuri
Engineer Joined in 2012. He carries over 6 years’ project erection and coordination. He is Mechanical engineering from SBTET. His wife Mrs. Sravanthi is a government Doctor. Recently he is blessed with son. His hobbies are
travelling.
B E S Dileep Kumar
Senior Engineer Joined in 2011. He carries over 11 years’ of experience in project management, planning & coordination. He holds Diploma in civil engineering from AICTE. He likes to play indoor & outdoor games, dancing and watching movies.
K. Eswara Rao Sr. Manager - Special Projects Joined in 2001. He is a Mechanical engineering with over 18 years’ of Production & Projects experience. He works for special projects. His wife Mrs. K Dhana Lakshmi is a homemaker. He has one son (K Chaithanya).and one daughter (K Moksha Sharanya). He loves to spend
time with family.
K Sarath Babu
Engineer Joined in 2012. He holds PGDCPM from Nation Academy of Construction and graduate in mechanical engineer from JNTU. Carries over 4 years of experience in project management, planning & coordination. He loves to
play football, volleyball & cricket.
Viju Varghese
Associate Engineer Joined in 2005. He is holds a Diploma certificate and carries over 9 years of experience in project coordination. His wife Mrs. Aleyamma Mathew is a homemaker and has one daughter (Baby. Serena Viju). His hobbies are
reading books and listing to music.
Know your Team:
Projects Team
S. Wilfred Joseph
Senior Manager Joined in 2012. He carries over 14 years’ of experience in project management. . He has done Mechanical engineering from SBTET. His wife is homemaker. He has one son (W Alfred Joseph) and one daughter (K W Dolcy Miraclin).
Manoj Singh
Manager Joined in 2012. He carries over 10 years’ of experience in project management. He is a Mechanical engineer from BTE. His wife is a homemaker. He has one son (Divyank) and one daughter (Twinkle).
R. Krishna Chaitanya
Associate Manager Joined in 2010. He carries over 13 years’ of experience in project management. He holds Diploma in Mechanical engineering from SBTET. His wife is a homemaker. He has one son (Maithravarna Koundinya) and one daughter (Meenakshi Prahasita).
R. Veeraraj
Senior Engineer Joined in 2010. He is a Mechanical engineer and carries over 10 years’ of experience in project management. His wife is also a mechanical engineer. He has been instrumental in International project execution.
G S Babu Prasanna
Associate Manager Joined in 2014. He carries over 13 years’ of experience in project management. He is Mechanical engineer from Vinayaka Mission University His wife is a homemaker. He has one daughter (S B Dhakshatha) and one son (S B
Jaivanth).
Md.Tauqir Hassan
Senior Engineer Joined in 2012. He is a Mechanical engineer and carries over 4 years of experience in project management. His hobbies are internet surfing, listening to
music and playing cricket.
Manivannan.M
Senior Engineer Joined in 2009. He is a Mchanical engineering and carries over 7 years of experience in PPC & project management. His hobbies are reading books, playing cricket and listing music. He is an athletic sports man from Tamil Nadu.
Amit Goldi
Senior Engineer Joined in 2011. He is done Mechanical engineering course from Dr. B. R. Ambedkar University and carries over 5 years of experience in project execution. His hobbies are playing chess and listening to music.
Customer Relations Tips:
“A customer is the most important visitor on our premises…” Mahatma Gandhi
“Your most unhappy customers are your greatest source of learning...” Bill Gates
Home Remedies for Colds Are cold symptoms making you feel miserable? Here are 12 cold remedies you can
use right now -- at home -- to feel better.
Cold Remedy #1: Drink plenty of fluids to help break up your congestion. Drinking
water or juice will prevent dehydration and keep your throat moist. You should drink at
least 8 to 10 eight-ounce glasses of water daily. Include fluids such as water, sports
drinks, herbal teas, fruit drinks, or ginger ale. Your mother's chicken soup might help
too! (Limit cola, coffee, and other drinks with caffeine because it acts like a diuretic
and may dehydrate you.)
Cold Remedy #2: Inhale steam to ease your congestion and drippy nose. Hold your
head over a pot of boiling water and breathe through your nose. Be careful. If the
steam burns your nose, breathe in more slowly. You can buy a humidifier, but the
steam will be the same as the water on the stove. Moisture from a hot shower with the
door closed, saline nasal spray, or a room humidifier is just as helpful to ease
congestion.
Cold Remedy #3: Blow your nose often, but do it the proper way. It's important to
blow your nose regularly when you have a cold rather than sniffling mucus back into
your head. But when you blow hard, pressure can carry germ-carrying phlegm back
into your ear passages, causing earache. The best way to blow your nose is to press
a finger over one nostril while you blow gently to clear the other.
Cold Remedy #4: Stay warm and rested. Staying warm and resting when you first
come down with a cold or the flu helps your body direct its energy toward the immune
battle. This battle taxes the body. So give it a little help by lying down under a blanket
to stay warm if necessary.
Customer Relations Tips:
- Loyal customers, they don’t just come back, they don’t simply recommend
you, they insist that their friends do business with you. ~ Chip Bell
- Know what your customers want most and what your company does best.
Focus on where those two meet. ~ Kevin Stirtz
A new vacuum cleaner
salesman knocked at the
door?.
A lady opened it. Before
she could speak. The
salesman rushed into the
living room and emptied a
bag of cow shit on the
carpet.
Salesman: Madam, if I
couldn't clean this up in
the next 3 minutes with
my new powerful vacuum
cleaner, I will EAT all this
shit..!!
Lady: Do you need Chili
Sauce with that?
Salesman: Why Madam?
Lady: Because there's no
electricity in the house!
MORAL: Gather all
resources before working
on any project and
committing to the client &
over smartness can be
deadly.
All about `Undivided Share of Land’!
Buying a real estate or a new property requires a holistic approach. From choosing the right location to the right size of the
property and the right developer, there are a lot of factors that a buyer needs to
address to get the perfect property. Many
buyers often decide on
their purchase based on
built up area offered and the
additional amenities attached to
the flat. And the most important factor in any
real estate purchase namely the actual land ownership is
often overlooked. For every purchase in real estate projects, the
buyer has some value of land allocated in his or her name known as the
undivided land share. Let us take a look at this important aspect of undivided
land share, its significance and legal importance.
Understanding Undivided Share of Land (UDS): When you are buying an apartment, you are technically
buying two things. The first is the constructed part of the building where the owners will actually reside while the
second is a proportionate share of the land where the property is built. This share of land allotted to the flat buyer is known as
undivided land share or UDS. Many buyers are unaware of such an important aspect of land deal while purchasing property.
Significance of UDS: The building is essentially a dead asset in real estate, as the value of constructed area depreciates. The
older the construction, the lower is its market value of the property. On the other hand the prices of land keep escalating over
time and may offer substantial return on investment for the landowner. This appreciation in the overall value of any property
is due to the increase in the land rate and not the constructed area. Essentially it is the undivided land share in accordance
with the built up area of the apartment that determines the future monetary value of the property. In case the land owner
has no undivided land share, he or she may not be able to sell the property leave alone enjoy a good return on investment.
Legal Implications of UDS: The legal implication of undivided land share makes it an intrinsic part of any real estate deal.
Suppose the building where you reside is to be demolished for reconstruction ten years down the line or comes under
government acquisition project and made available for demolition, the compensation administered to the flat owner depends
on the percentage of the undivided land share in the property. The sum of all the undivided shares for each apartment owner
must proportionate to the area of the land in which the apartments are constructed. In case of co-operative housing societies,
the UDS must be legally be in the name of the society as the flat owners are the shareholders of the society.
UDS Calculation: UDS calculation is determined by a simple formula by multiplying the total land area with the size of the
individual apartment and dividing the result by sum of areas of all apartments combined in the project.
Illustration for UDS Calculation: For example let us suppose 5 equally sized apartments of 1000 sq ft are built on one ground
of land which measures 3500 sq ft. The UDS would be calculated as multiplying the total land area with the size of the
individual apartment (3500*1000) in this case and dividing the result by sum of areas of all apartments combined in the
project which is 1000*5= 5000.
Hence UDS = 1000*3500/5000 = 700 square feet.
UDS and Ownership of Parking Space: Some real estate builders and developers have been guilty in the past of selling open
or stilt car parking area to the individual house owners. As per the legal laws biding for each real estate deal and UDS, any
purchasers cannot claim partition of their UDS of land. An open car parking therefore can only be sold as part of common area
and cannot be legally included as part of the floor area of individuals.
Checking Validity of UDS while Purchase Property: While paying advance for any property, make sure the builder or the seller
shares with you the agreement copy. The agreement copy between the builder and the seller holds all important details of
the property in question including the details of the undivided share of land. There is usually a dedicated section in the builder
agreement catering to the UDS share which is mostly mentioned in either percentage terms for example 0.75% or in exact
square feet terms. Make sure your builder agreement clearly mentions the undivided share of land and this same figure is
mentioned in the title deed also when the registration gets over, to safeguard your purchase and to avoid any legal
complication in the future.