The organised segment of Indian real estate is only about two decades old. It could be seen as understandable that true governance is too much to ask at this early point. However, matters reached a decisive point in 2010,
Industry Report
US Credit Rating Downgrade – Indian Real Estate Holds Its Breath
This will impact the growth of the IT sector, which contributes 50% of the office space demand in India. We are looking at a potential reduction in the expected levels of demand for IT-centric office spaces by next year. In the current year, we will not see a significant reduction in demand since it will continue to be driven by existing contracts -Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India
ARSS Infra – spreading wings across the verticals
ARSS Infrastructure Projects is an infrastructure development company focusing on construction of highways, buildings and railways. Sunil Agarwal, CEO and president of ARSS Group highlights the growth story of his company
The Genesis of Mall Management
Mall management is a huge movement in more developed and matured markets, especially where the mall culture has evolved significantly. Australia, the United States and many European countries come readily to mind in this context. In India, the phenomenon of mall management is now approximately five years old.
Infrastructure Project Manager vs. Construction Manager
The infrastructure industry and projects have grown with limitations stemming from the lack of practicing construction managers. Veteran civil engineer Angyan P. Jagathnarayanan highlights the requirements of professional construction managers with knowledge and ability to follow global standard practices for managing projects in a better way.
Equipped to Grow
If the conclusions arrived at the conference on infrastructure projects in India is any indication, the construction equipment industry in the country is expected to grow at a faster rate to become a $15 billion market in the next decade.
Indian Real Estate: The Need For Better Regulation
Various scams have marred the reputation of Indian real estate sector. Proper governance and effective regularization is the need of the hour to get the lost glory back. Sanjay Dutt, CEO - Business, Jones Lang LaSalle India writes.