Mumbai, Maharashtra -- (SBWIRE) -- 10/31/2010 -- Projectwell Management Pvt Ltd celebrated its anniversary on October 25, 2010 with members taking a mid-work break to have cake and cookies. Speaking on the occasion, Parthajeet Sarma, Director, Projectwell Management Pvt Ltd, thanked all Projectwell members for the cohesive working style demonstrated over the last one year, which helped the company to propagate the concept of Development Management in India and secure new assignments.

Started in the middest of the economic slowdown, Projectwell began by acting as a guide for landowners and private equity investors and offering them Development Management Consultancy services in Real Estate.Simply put, managing the development process (real estate development) is what it is. A development manager acts a client representative for a land owner or an investor and does everything that the client will have to do, to make the project earn for him/her. It is a specialised consultancy service in the field of real estate, and allows land owners to 'become' developers without having to 'sell out' to developers. It allows investors to identify the right investment opportunities and then monitor the project to ensure that the investments are performing.

Projectwell is a Sam Circle Venture invested entity.

About Projectwell
ProjectWell is India's first and only Development Management Company. ProjectWell views projects from a 'cradle to cradle' perspective and derive solutions for the entire life-time of a real estate project. ProjectWell is involved in developing integrated communities which take you back to your childhood.

Projects in India have traditionally changed ownership first during the transition from land owner to developer and then during the transition from construction to occupancy stages. With change of ownership comes changes in the perspective towards the project. ProjectWell looks at project not in 3 different stages, but in a holistic manner, considering its evolution throughtout its life span. ProjectWell's approach towards conceptualising projects and then managing it during construction and occupancy offers seamless, process oriented solutions towards the successful run of a project in its entirety.

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Today one sees a proliferation of ‘factory like’ setups in Architectural practices; hundreds of young Architects producing drawings from under one room, with diminished project ownership.

Mumbai, Maharashtra -- (SBWIRE) -- 06/15/2010 -- A senior partner from a European Architectural firm on a fact finding tour of India, remarked that in many ways Architects have surpassed their contemporaries in Europe. Some of the buildings he has seen in India are in many ways superior to buildings in Europe. However, in the same breath, he went on to say that there is also a plethora of new buildings in India which are abysmal in every respect.

Why is there such a large gap between good buildings and the not so good? Why does one not see a minimum standard being maintained in India, be it the architectural design or the services designs or maintaining safety regulations? The answer probably lies in the crass commercialization of Architecture. Today one sees a proliferation of 'factory like' setups in Architectural practices; hundreds of young Architects producing drawings from under one room, with diminished project ownership. This has resulted from the increased demand from clients to produce drawings faster and faster, allowing the principal Architects to spend less and less time on getting the basics correct and spending more time on air-brushing presentations.

Projectwell is India's premier Development Management Consultancy Firm. Spokesperson Sunit Vankudre says "Till 10 years back one could see Architectural Firms being largely led by the owner or the partners at the top. Historically this is how Architects, Doctors and Lawyers have practiced. Today, there is no ownership. Practices have become factories; resulting in loss of quality."

It is also noteworthy that due to lack of enforcement of regulations, often unqualified personnel end up working on drawings and other services, leading to a serious concern on the safety aspects of India's modern buildings.

There are some companies like boutique Architectural Design Firm iDream, who have managed to remain focused on services. Company spokesperson Anirban Banerjee said "From the beginning we made a conscious decision not to run after everything that moves. We have focused on keeping a limited number of clients happy and securing repeat projects from them. We survive on repeat projects. As we deal with lesser number of clients, we are able to add value and bring in aspects like sustainability into our designs."

So it is a raging debate today who you want to call the best Architect in Mumbai or the best Architect in Bangalore. Does the award goes to the one with the best balance sheet or to the one with the best designs?

Please contact us at:
Projectwell Management Pvt Ltd
B504/C509, Crystal Plaza, New Link Road, Andheri West
Mumbai 400 053 India
Email:info@projectwell.com
M:+91 98202 21767
T:+91 22 6695 1820

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Mumbai, Maharashtra -- (SBWIRE) -- 04/28/2010 -- Dharamsala, Himachal Pradesh

"The Pavilion", a luxury resort in Dharamsala, Himachal Pradesh, had a opening of its first phase on April 16, 2010. Projectwell is the development management consultant for this project. Launched by the Chief Minister of Himachal Pradesh, the project was completed in a record time of 5 months. The resort has been promoted by the Himachal Pradesh Cricket Association and had to be completed in time for the much talked about 2010 edition of the Indian Premier League (IPL) . Dharamsala hosted two matches and guests were housed in the only resort of international class in the region.

When complete, the only luxury resort in the region will have 80 rooms, a Spa, Cottages and Recreational Facilities, all built to international standards. Spread across 7 acres with the backdrop of the snow-clad Dauladhar mountain ranges, guests will move between blocks on battery operated vehicles.

Non-conventional construction methodologies like factory production of building blocks helped in the speedy construction. Such eco friendly construction is being used in the region for the first time and has seen the government giving ample support in an effort to make Himachal Pradesh an eco-friendly and low/zero carbon emission state.

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Mumbai, Maharashtra -- (SBWIRE) -- 04/26/2010 -- Projectwell, India's premier Development Management Firm, has signed a Memorandum of Understanding ("MOU") with EBS of Belgium to introduce Eco-Friendly; Industrialised Production of houses in India.

EBS, which originated in Europe and now spread across the globe, is a leader in industrialised production of houses. EBS now has an agreement with ProjectWell whereby such houses will be launched in India to tackle the large demand supply gap in the housing market. As the gap increases over time and is not a static number, ProjectWell believes that the solution is to build houses faster. EBS houses are over 70% faster to build. Besides this, such houses have several other advantages like lower energy requirements, eco friendliness and consistent quality. Currently a "India prototype" is being developed, mentioned Parthajeet Sarma from Projectwell.

Projectwell started the concept of Development Management in India, and offers "client rep" solutions for the entire life cycle of real estate projects. It is a focused consulting agency comprising of Researchers, Analysts, Engineers and Architects. Projectwell also offers fund monitoring services to Private Equity Funds which have investments in Real Estate in India.

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Mumbai, Maharashtra -- (SBWIRE) -- 04/20/2010 -- A group of young architect and real estate professionals from India are visiting to Philadelphia, New York, Chicago and few other cities in USA next month. During their USA visit, they would network to bring in investments to India from USA and other places.

According to a press release, the team wants to meet investors, public equity funds (PEs) and venture capitalists(VCs) interested in investing in real estate in India. They have some lucrative real estate investment opportunity from India in hand. They are planning to meet different agencies to give presentation on it during their stay in USA. They are expected to be in USA from 7th May to 20th May.

A spokesperson has said, this is an opportunity for investors and investment professionals to take initiatives to build up association, collaboration, partnerships, venture and alliance with these India centric real estate opportunities. This USA visit will give investors to start a dialogue in the direction.

The team is now sharing details of their plan and opportunities for exploring networking opportunities in USA now. For more information, one can contact loknathswain@gmail.com

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Mumbai, Maharashtra -- (SBWIRE) -- 04/20/2010 -- India's premier Development Management Firm, Projectwell Management Pvt Ltd, has signed a Memorandum of Understanding ("MOU") with Honeycomb Construction Systems. Honeycomb, a new entity in the field of real estate in India, promises to be India's first real "homebuilder". Honeycomb's current projects are around the NCR and the organization is committed to bring in substantial changes in the way structures are constructed and the way structures are operated in India. The organization also promises to develop homes which are sensitive to the environment.

"The MOU allows Projectwell to provide Honeycomb with technology, systems and processes support for Honeycomb's upcoming projects", said Parthajeet Sarma, Director, Projectwell Management Pvt Ltd. Sarma also said that Honeycomb found synergy in Projectwell's commitment to developing sustainable communities. Such communities are not only easy on the planet earth, but are also easier and economical to maintain. Projectwell is currently involved in such sustainable developments across India.

Projectwell started the concept of Development Management in India, and offers "client rep" solutions for the entire life cycle of real estate projects. It is a focused consulting agency comprising of Researchers, Analysts, Engineers and Architects. Projectwell also offers fund monitoring services to Private Equity Funds which have investments in Real Estate in India.

For more details, one can contact on http://www.projectwell.com

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