Navigating Building Construction Trends in India’s North Zone: FY 2023-24 – A Zone-Wise Analysis – Part 2 of 7

Navin Rajpal Jul 15, 2024 1

In this analysis, Biltrax Construction Data provides insights into the building construction landscape of the North Zone for FY 2023-24. This report focuses on residential, commercial, retail, hospitality, healthcare, and various miscellaneous structures documented through the BX-1 platform. It examines key trends and major players shaping the region’s construction industry.

Introduction

Continuing our ‘Zonal Analytics‘ series, this second article of 7, focuses on the North Zone’s building construction landscape in 2023-24. Utilizing Biltrax’s BX-1 platform, we provide a detailed analysis of the building projects in this region. BX-1 covers an extensive range of sectors, such as residential, commercial, retail, hospitality, healthcare, data centers, educational institutions, multi-level car parks, entertainment, religious buildings, and other miscellaneous structures. 

The northern region accounts for nearly 30.7% of the total area of India. This large area of the north zone also accounts for a sizable population. With more than 45.74 Crore people, the region accounts for nearly 32% of India’s population residing in the country. In FY 2023 – 24, Uttar Pradesh emerged as the second-largest economy in India, with a GDP of INR 29.53 Lakh-Crore, surpassing Tamil Nadu​. The North Zone collectively accounts for approximately 26% of the national GDP​. Substantial investments in infrastructure as well as continuous government support drive this growth. 

Also Read: BX-1: The only source you will ever need to discover and win building projects in India

Construction Projects in the North Zone

In the last financial year, Biltrax Construction Data, through its BX-1 platform, tracked nearly 1500 building construction projects in the North Zone. These projects encompass a total area of 470 Million-SqFt with an estimated construction cost of INR 170,000 Crore.

State-wise Construction Overview of the North Zone (Based on Construction Value)

Sr. No.StateProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1Uttar Pradesh446156.2061,04235.25%
2Haryana175119.0043,32725.02%
3Delhi10762.4828,29316.34%
4Rajasthan38958.5917,88510.33%
5Punjab9640.5312,3637.14%
6Uttarakhand11513.564,1852.42%
7Himachal Pradesh528.423,1941.84%
8Jammu & Kashmir725.611,7080.99%
9Ladakh282.106380.37%
10Chandigarh121.935320.31%
TOTAL1492468.42173,167
State-wise Construction Overview of the North Zone (Based on Construction Value)

Of the total projects tracked on BX-1 in the North region during FY 2023-24, Uttar Pradesh leads with 446 building projects. These projects cover a construction area of 156.20 Million-SqFt, valued at INR 61,042 Crore, accounting for 35.25% of the total building project value in the North Zone. Uttar Pradesh has demonstrated a robust commitment to construction development across diverse sectors. The residential sector leads the charge, comprising 34.75% of the total building projects. This indicates a significant focus on addressing the housing needs of its growing population. The healthcare sector follows closely, accounting for 19.51% of the projects. This reflects the state’s priority on improving medical facilities as well as healthcare access.

Further, Haryana follows with 175 projects, spanning a construction area of 119 Million-SqFt and valued at INR 43,327 Crore. This makes up 25% of the total building project value. Delhi contributed 107 projects, covering 62.48 Million-SqFt and valued at INR 28,293 Crore, accounting for 16.34% of the total project value. Meanwhile, Rajasthan ranks second in terms of the number of projects, implementing 389 building projects. These cover a total construction area of 58.59 Million-SqFt and are valued at INR 17,885 Crore.

Sector-Wise Distribution

In the last financial year, BX-1 recorded 557 building projects in the private sector across the North zone. These projects encompass a construction area of 310.45 Million-SqFt and are valued at INR 111,354 Crore. Moreover, Public and Public-Private Ventures accounted for 935 projects, spanning a construction area of 158 Million-SqFt and valued at INR 61,813 Crore. This distribution highlights significant participation from both sectors in regional building construction initiatives.

Key Stakeholders in the North Zone (Based on Construction Value)

Highlighting the key stakeholders driving building construction activities in the North Zone during FY 2023-24, this section focuses on Key Project Owners, Architects, MEP Consultants, Structural Engineering Consultants, and General/Turnkey Contractors leading significant developments across various sectors. 

Major Project Owners

As of FY 2023-24, BX-1 monitored over 670 project owners who are actively delivering more than 1,500 building projects in the North Zone. Notably, the top 20 project owners alone account for over 42% of the total project value. Key players include:

Sr. No.Company NameProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1Public Works Department, Uttar Pradesh (UPPWD)4425.109,7415.63%
2Ministry of Housing and Urban Affairs713.658,9055.14%
3Central Public Works Department (CPWD)8823.598,7555.06%
4DLF Limited815.827,1754.14%
5Meerut Development Authority (MDA)22.045,0102.89%
6Signature Global410.993,8592.23%
7Godrej Properties Limited38.843,3611.94%
8Ambience Group18.452,9571.71%
9County Group18.452,9571.71%
10Abhinandan Lodha Group512,2501.30%
11Max Estates Limited46.922,2481.30%
12Omaxe Limited53.481,9861.15%
13Elan Limited34.891,8731.08%
14Gaurs Group25.161,8191.05%
15Chatly Group15.991,7961.04%
16Department of Medical Education & Research (DMER) Haryana34.251,5730.91%
17Department of Health & Family Welfare, Rajasthan595.461,5460.89%
18Whiteland Corporation Private Limited34.511,5220.88%
19Delhi Development Authority (DDA)121,4700.85%
20Adore Realtech Private Limited34.211,3910.80%
Top 20 Project Owners (Based on Construction Value)

Top Design Architects and Consultants (Based on Construction Value)

Among the 300 design architect firms in the North Zone monitored by BX-1, Confluence Consultancy Services leads with projects worth INR 8,116 Crore. Arcop Associates Pvt Ltd and Sikka Associates Architects follow closely, ranking second and third, respectively.

Sr. No.Company NameProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1Confluence Consultancy Services926.118,1164.69%
2Arcop Associates Private Limited916.15,9373.43%
3Sikka Associates Architects1213.194,4282.56%
Top Design Architects and Consultants (Based on Construction Value)

Top 3 Structural Engineering Consultants

Out of 100 consultancy firms reported by BX-1 managing over 245 projects, Vintech Consultants tops the list. These firms cover a total construction area of 108 Million-SqFt, costing INR 37,004 Crore collectively. Of this total value, Vintech Consultants is developing building projects worth nearly INR 7,554 Crore. This represents nearly 4.36% of the total construction value in the region, tracked by BX-1. NNC Design International follows closely with Optimum Design Pvt Ltd ranking third.

Sr. No.Company NameProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1Vintech Consultants922.147,5544.36%
2NNC Design International138.642,9981.73%
3Optimum Design Private Limited57.242,2841.32%
Top 3 Structural Engineering Consultants

Top 3 MEP Consultants

Among 65 MEP Consultancy firms monitored by BX-1, delivering over 135 building projects with a combined construction area of 90.57 Million-SqFt & an aggregated cost of INR 32,524 Crore, Consummate Engineering Services Pvt Ltd (CESPL) alone is delivering building projects worth INR 6,261 Crore in the North Zone. Sanelac Consultants Pvt Ltd follows, with Proion Consultants ranking third.

Sr. No.Company NameProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1Consummate Engineering Services Private Limited (CESPL)1418.76,2613.62%
2Sanelac Consultants Private Limited39.362,9661.71%
3Proion Consultants47.482,8111.62%
Top 3 MEP Consultants

Top 3 General Turnkey/ Civil Works Contractors

Among 284 General turnkey contractors & civil works companies monitored by BX-1, handling more than 449 building projects with a total construction area of 66.85 Million-SqFt & a combined cost of INR 21,001 Crore, BG Shirke alone is managing building projects valued at INR 1,474 Crore. This represents 0.85% of the total construction value tracked by the BX-1 platform. Sam India Builtwell Pvt Ltd and Leighton India Contractors Pvt Ltd follow in the second and third rank, respectively.

Sr. No.Company NameProject Nos.Construction Area (Million-SqFt)Construction Value (INR-Crore)% by Construction Value
1BG Shirke Construction Technology Pvt Ltd14.751,4740.85%
2Sam India Builtwell Private Limited52.311,3830.80%
3Leighton India Contractors Private Limited13.491,3240.76%
Top 3 General Turnkey/ Civil Works Contractors

BX-1 identified over 1195 new opportunities worth INR 84,961 Crore across the North zone during the last financial year. These opportunities, which include turnkey and civil works contracts, were slated for awarding over the next 12-18 months. Additionally, BX-1 recorded 709 awarded contracts in the region during FY 2023-24. These encompass 713 projects with a combined tender value of INR 24,803 Crore. 

In summary, zonal analytics play a pivotal role in deciphering these regional dynamics, offering insights that are essential for stakeholders to navigate this complex landscape. By leveraging data from Biltrax Construction Data, industry players further gain access to detailed, real-time information on construction projects across India. With Biltrax’s robust analytics and detailed reporting, stakeholders can effectively plan and execute their projects, ensuring they are aligned with regional demands and opportunities. This approach enhances further efficiency and drives sustainable growth in India’s dynamic construction sector.

Stay tuned for our next article in the ‘Zonal Analytics’ series, where we will delve into the construction projects in the North East Zone, exploring another crucial part of India’s construction industry.

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