Posts

Delhi Master Plan 2021: Everything You Need to Know

Image
Delhi Master Plan 2021: Everything You Need to Know New Delhi, the capital of India, has an immense geographical potential to give a thrust to the infrastructural development in the city. But it requires an action plan that can ensure a better implementation of the policies and guidelines. To give a new makeover to the capital of India, the concerned authority has come up with a new Delhi Master Plan 2021 that aims at ensuring an all-round infrastructural development in the state. As the Delhi Development Authority outlines the definition of Delhi Master Plan , it is to ensure a long-time and sustainable action plan to lay down the development policy and a better implementation mechanism in place. With an objective to give a complete makeover to the public amenities and real estate sector in Delhi, the master plan 2021 is all set to put the following significant things in place within the scheduled timeline: The foremost objective of the Delhi Master Plan 2021 is to l...

India overtakes China to top global Retail Development Index in 2017

Image
India has topped the global Retail Development Index in 2017, overtaking China. This is indicative of the growing prominence of India as a preferred retail destination for global retail brands. During the first six months of the year, there were 70 new entries/expansions by {global and domestic|domestic and global} brands across the cities of Mumbai, Delhi-NCR and Bengaluru. Seven new global brands entered the country and investments into the segment by PE Firms/Wealth Funds touched USD 200 million, says CBRE's India Retail MarketView report for the first half of 2017. Additionally, several retail developments were completed across select cities resulting in approximately 1.5 million sq. ft. of fresh supply entering the market. During the first half of the year, demand for quality retail space remained robust with a majority of this supply concentrated in Mumbai, Bengaluru and Delhi- NCR. {Commenting on the findings of the report, Anshuman Magazine, Chairman, In...