Egis, a global construction engineering and operating business, has acquired UK-based property and construction cost and project management consultancy Thomas & Adamson.
This move aims to enhance Egis’ project management and advisory capabilities in the Middle East and the UK.
Headquartered in Edinburgh, Scotland, Thomas & Adamson was founded in 1935.
It specialises in guiding organisations through the procurement, delivery, and operation of assets within the built environment.
It offers services, including cost and project management, building surveying, and principal designer services, catering to sectors such as commercial, education, sports, and hotels.
The company has had a presence in the Middle East for more than 14 years.
Egis Middle East & South Asia CEO Alaa Abusiam said: “We are excited to have the talented team from Thomas & Adamson join Egis to further elevate our expertise in project management and cost consultancy. They will allow Egis to continue to grow our capabilities.
“Combining their regional strength in cost management in the region with our strong portfolio of project management we will strengthen and develop our client offering to deliver integrated solutions.”
The Thomas & Adamson team will collaborate closely and seamlessly integrate into Egis’ Middle Eastern operations.
“Egis acquires property and construction consultancy Thomas & Adamson ” was originally created and published by World Construction Network, a GlobalData owned brand.
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MMRDA has already floated bids to appoint these consultants for the project which will be jointly executed by Slum Rehabilitation Authority (SRA).
SRA will conduct a survey of the slum dwellers and It will also be responsible for handing over vacant possession of the land to MMRDA.
Ramabai nagar is spread across 33.15 Hectares of land and has approximately 16575 slum tenements.
Under the project, these slum dwellers will be provided rehabilitation while MMRDA will get 5000 tenements to house project affected people displaced by various works underway in Mumbai.
A MMRDA official sad, “Instead of constructing sale component, if rights of sale component are auctioned in open market, MMRDA will get profit. Moreover, free of cost land will be available for Eastern Freeway extension from Chheda Nagar to Thane project.”
This marks the first time that MMRDA will undertake slum redevelopment. Previously, it had implemented a rental housing project in Mumbai Metropolitan Region (MMR) by granting a high floor space index (FSI) to builders, with the housing stock then allocated to project-affected people (PAPs).
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- Plot Area -33.15 Ha
- Slum tenements – Approx. 16575,
- CTS No. 194(pt) and 195(pt)
Benefits from implementation of Slum Rehabilitation Scheme:
- Rehab component for approx. 16,575 slum dwellers
- Approximately 5,000 PAPs tenements to MMRDA
- Instead of constructing sale component, if rights of sale component are auctioned in open market, MMRDA will get profit.
- Free of cost land will be available for Eastern Freeway extension from Chheda Nagar to Thane project.
- Further, the Joint Venture Agreement is executed between MMRDA and SRA on 27/02/2024.
Appointment of Architectural and Project Management Consultant agency for the said Slum Rehabilitation Scheme is in process.
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