The real estate industry in India is going through what can be described at best as ‘interesting times’. Policy changes in 2017 led to a lot of expectations of 2018, including easing of teething problems with RERA and GST .and a new order of transparency and efficiency. While 2018 lived up to a fair number […]
Tenant improvement allowance is an important factor in lease negotiations. It is a type of agreement that states that the landlord will compensate the tenant for all or a portion of funds required to fit-out in the leased commercial space. When entering into a new lease agreement, both tenants and landlords need to be clear […]
As companies focus more on about how employees work and what they need to be effective, the concept of agile organisation is emerging as the new dominant organisation paradigm. Companies from startups and online businesses to world-class organizations such as Google and Deloitte have started employing the ideas of agile, where employees can complete work […]
Consider this, a firm contracts an employee from an IT company to work on a project. After completion of the project, the contract employee publishes the code written for the project on a public platform online. This is not a hypothetical scenario, but something that has actually happened. Another instance is that of Chinese intelligence […]
After a hectic day at work, the last thing one would want to do is to cook. So you grab your laptop and order in. While you may think the food is being whipped up at a nearby eatery, it’s increasingly likely you’re ordering from a ‘ghost’ kitchen with no physical location. Ghost kitchen, also […]
As the marketplace continues to be highly competitive, more and more attention is being paid to enhancing the workplace experience. Companies around the world are focused on creating a workplace that enables a culture of trust, boosts productivity and ultimately increases their business performance. Employers are cognizant of the fact that an effective work-life […]
According to a report by Supply Chain consultancy Armstrong and Associates; “U.S. warehousing costs for 2017 were estimated to be $148.7 billion, a 3.3% increase over 2016’s $143.7 billion. Nearly $70 billion of that tally, $68.6 billion, was attributed to commercial warehousing, and the third-party logistics (3PL) value-added warehousing and distribution (VAWD) market accounted for […]
How will smart cities and smart buildings impact commercial real estate? Vestian brought together government and transit leaders, corporate real estate end users, top legal minds, and industry veterans with Smart Cities experts Melanie Nutter and Brenna Berman to discuss this exciting and evolving topic. Melanie opened the discussion by describing the potential environmental benefits of […]
An Intelligent Building works seamlessly across processes, platforms and systems to provide building users with the best possible outcomes for a great user experience. The basic elementof an intelligent building is Building Automation System(BAS), which comprises of HVAC, Lighting Controls, Fire and Safety, Power meters, alarms and faulty mechanism warning systems to list a few. […]
3D mapping technology is a new vision and solution for the real estate industry. Imagine walking through the built environment to an unlimited level of detail, from visualizing the interiors with varying arrangements of furniture to changing the colors painted on the walls. This technology has the power to transform a design into a vivid […]