Search Keyword: retail
The government has invited bids for selection of EPC contractor for detail design,
engineering and construction of the Rs 26,000 crore India International Convention
and Expo Centre (IICC) in Dwarka, New Delhi.
Hurun Report, a leading luxury publishing and events group which is globally recognised for its comprehensive evaluation of the world’s wealthiest individuals today, has unveiled the list of richest real estate entrepreneurs in India.
Real estate in India may lag behind in plucking the fruits of enhanced technology – but globally, the field of technology has made immense progress and there is definitely much to leverage. In fact, there are at least six technology-driven changes which can potentially transform the sector.
In today’s technology-driven market environment, data rules – and for India’s real estate market, the importance of data was underlined in bold strokes by the implementation of RERA. No longer are we talking about ‘my data vs your data’ – now, the most pertinent data related to real estate projects will be available to all.
This time last year, JSW Cement launched its 'Concreel HD' in India's southern markets. Now, the company has begun its retail foray in western India, having commenced the manufacture of Concreel HD at its Dolvi unit in Maharashtra, which will be marketed through 1,000 retail outlets.
In many ways, last year was a year of landmark decisions - a year of constant economic evolution with the government clearing long-pending legislations and announcing new, encompassing policies.
RERA and GST are the two most significant legislations benefitting consumers in particular and the real estate sector at large. While RERA aims to bring in a regulatory system with accountability for developers, GST aims to ease the way of doing business and bring in all stakeholders into the tax-paying system.
India has always been a complex market with several local legislations governing commercial taxes in different states. The logistic landscape of our country has traditionally been sullied owing to tax considerations rather than defined by logistic efficiencies.