The Union budget 2023-24 held much significance, given that several issues required priority consideration, this being a run-up to the electoral year in 2024. Expectedly, it has put increased emphasis on infrastructure, agriculture, green energy, job creation and restructuring direct taxes, in order to boost an economy affected by global slowdown while assuaging voters as […]
Wrapping up the fourth quarter of 2020, Austin felt the effects of the prolonged pandemic. Employment fell nearly 1.5% year-over-year, losing approximately 16,000 jobs. A continually-increasing amount of sublet space added to the vast number of vacant space throughout the market. On a positive note, 2020 saw a stream of large, innovative companies heading to […]
Finance Minister Nirmala Sitharaman presented the Union Budget 2020 anchored around the 3 major themes of Aspirational India, Economic Development and a Caring society. The Budget focussed on proposing new schemes for mostly every sector, with the objective of reviving the Indian Economy through proposing changes in Income Tax Slabs, tax reforms, policy changes for […]
The year 2019 proved to be a rather staid roller coaster ride for the real estate industry, with its share of ‘highs’ and ‘lows’ devoid of the convulsive stir that the industry had witnessed during the period 2016-2018. This, perhaps, is a sign that the industry is gradually inching towards normalcy and the dust created […]
The new year that had harboured prospects of being the harbinger of good times is set to pass. It had come at the end of a particularly trying period for the real estate industry, one that was fraught with many challenges, stemming largely from adhering to the new regulatory environment. With the previous year 2018 […]
Given that buildings are one of the largest consumers of energy, accounting for nearly 40% of the world’s energy expenditure and its impact on the environment, real estate developers are investing efforts in creating a more sustainable option. The global trend is to create awareness, cut carbon emissions and portray a strong case for climate […]
There are various aspects that impact the design of the workspace. Work environment, the type of work and even the way in which work is undertaken has changed. Similarly space availability, interaction between different departments and employees, the type of work as well as the requirement for collaboration are all factors to be considered while […]
Technology is many things to many people. While often blamed for breakdown in inter- personal contact, it has the opposite impact in the work sphere. Not only has it broken down geographical barriers, it has allowed for better cohesion amongst a diverse stakeholder group. It has enabled a kind of flexibility and collaboration that has […]
As companies analyze the future of their businesses, it’s important to consider the impact of autonomous vehicles moving forward. The industrial real estate industry has always been dependent on technology advancements, which bring new and exciting opportunities to the sector. Over the years, the industry has reaped the benefits of virtual walkthroughs, big data and blockchain, […]
An extension of one’s home, a second home, a comfortable nook, a hangout…….. With longer hours spent at work, workplaces have become a second home for many employees. If spending so many hours at work, it goes without saying the physical infrastructure impacts the output or productivity of the workforce. Hence, the growing importance of […]
