Abstract: Construction industry is having biggest role in economy of India. In recent times , if we look at the global economy and growth of population in India, land acquisition has became more difficult. To fulfill the need of shelter of this growing population and increasing industrialization, speedy construction is the necessity of time. Same time, due to inadequacy of land Vertical growth is preferable than Horizontal one. Formwork plays an important role in construction of the buildings. It constitutes 20% cost and 60% time of the total construction. This project does the comparison of the Conventional Formwork, Tunnel Formwork and Aluminum Formwork systems.