Nowadays, most of the clients expect the completion of the project in the shortest time possible to minimize the costs. For the high-rise buildings, the most effective way to speed up work is to achieve a very short floor cycle. Productivity has for many years been an issue for the construction site. Productivity enables the companies to monitor their own performance against site performance. Formwork systems are among the factors determining the success of a construction of a project in terms of speed quality, labour cost and safety. There are also signs of slowed productivity in India relative to other developed countries. The productivity of construction labour in other countries e.g. Japan increased by 6.6% a year, while Indian construction productivity rose by only 1.6%. In metro cities, few companies have started using faster construction techniques. Concrete formwork labour costs constitute over 1/3 of total concrete construction costs. Hence, in this paper Productivity of Mivan technology as compared to conventional technology will be analysed with respect to Labour efficiency, Cost and Time. One case study related to Mivan technology is discussed in this paper. This Project was successfully completed under the guidance of civil engineers at Kolte-Patil Developers Ltd.