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Large international investors are expected to lead the increase in investments in the industrial industry this year as they acquire ready-made and greenfield warehouse sites with the expectation of earning higher returns. A $0.64 billion influx of investments was recorded in the L&I category between January and September 2023, accounting for 17% of the total capital.
To deal with the extreme climate change builders are focussing on conserving water by recycling it and using it for flushing and landscape, harvesting rainwater, radiation free building structures, green materials, and recycling organic waste and segregating waste on the development so that the amount of waste sent to the landfill is only 20 % of the standard amongst others.
Government has granted relief to office park owners and operators by allowing partial and floor-wise denotification of Special Economic Zones (SEZs) through an amendment to SEZ Rules, 2006. The move permits demarcation of a part of SEZ built-up areas for non-processing uses, with a focus on information technology and IT-enabled services.
The trend in metros is people go for apartments. However, people now prefer villas, villaments and gated communities.
IT city Bengaluru is seeing an upward trajectory in investments in premium plotted properties and real estate with people preferring to purchase premium plots to get their dream villas.Bengaluru has always seen a steady rise in the number of ...