Speciality contractors: Critical partners

The year 2020 was a washout for speciality contracting, spanning mechanical, electrical, plumbing (MEP), heating, ventilation and air-conditioning (HVAC), facades, fit-outs, glass and roof work. But now that business is resuming, where are the opportunities?

In the real-estate sector, “mid-segment realty is seeing better movement,” says Amitabha Sur, Director, Operations, Aircon India Incorporated. “Owing to a shift in buyer preferences, mid- segment projects are also providing better facilities to end-users, giving opportunities to HVAC contractors.”

“Mid-segment [the Rs 40-80 lakh band] residential realty has picked up but buyers are interested in ready