The Chennai-based Marg Ltd, an infrastructure and real estate development company, has tied up with Surbana International Consultants, Singapore, to introduce prefabricated construction technology for residential and industrial development.

According to GRK Reddy, managing director, Marg Ltd, Surbana would be the consultant supporting Marg to bring in infrastructure and equipment to introduce precast and prefabricated construction methods for Marg’s subsidiary New Chennai Township Pvt Ltd.

The company is setting up Marg Swarnabhoomi, the integrated township with SEZs focussing on engineering and multi-services sectors. The township coming up 80 km south of Chennai will have a total built up area of over 30 million sq ft including 15,000 residential units and supporting social infrastructure.

The objective is to bring down construction costs through modern technologies that reduce construction time and offer value to the consumers. Marg is in discussions with Singapore and Malaysian companies to bring in the production facility to manufacture the moulds for prefabricated elements for buildings and the support infrastructure.