With a thriving digital economy and the government's visionary Digital India initiative, lets explore the market dynamics, and the pivotal role of data centres in shaping India's digital infrastructure.
Despite an uncertain global economic environment, India remains on a positive growth trajectory. Looking back at the quarter gone by, we see some good sectoral performances and some promising indicators for the year ahead.
India has emerged as one of the better performing economies globally post-pandemic and real estate has been a key driver powering this growth. Learning from latent market shifts, occupiers are focusing more on hybrid arrangements to facilitate smooth return to office. At the same time technology adoption and increasing supply chain diversification is pushing demand for I&L.
CSR is becoming increasingly important for brand-consumer relationships, and enhanced impact reporting is need of the hour. Global CSR efforts are aligned with UN SDGs, and large Indian firms have mature evaluation and monitoring programs. Standardized frameworks would help smaller organizations participate more easily.
With people adapting to e-commerce, it is inevitable for retailers to transform their stores into destinations where people want to go for a personalized experience—this way, they can increase their footfalls and generate positive outcomes.
Commemorating the milestones of the Indian real estate industry that have not only characterized modern India but have made an ever-lasting impact on the country's economy.
Organizations in various industries recognize the importance of ESG for efficiency and social obligations. Real estate plays a significant role in ESG strategies, with stakeholders considering shifting to Grade-A buildings for sustainability and employee health and wellness.
Green Construction is increasingly becoming important as occupiers, investors and developers are inclined towards sustainable choices with growing sensitivity toward global concerns.
The need to imbibe ESG principles is not just a moral imperative but a fiduciary responsibility. In the past few years, we have realized the potential of real estate in facilitating green transformation.
Workplace design is essential in increasing the efficiency and effectiveness of employees and consequently in an organization's success. In 2023, sustainable, open-plan, biophilic, flexible, tech-driven, and neurodiverse designs will be the key factors in shaping workplaces.
Indian real estate has undergone drastic changes in the past few years. However, with the resumption of regular economic activities, the sector is witnessing a spectacular recovery across segments.
Air quality improvement faces significant challenges ranging from lack of monitoring, compliance mechanisms, and adequate funding; however, with strong commitment and cost-effective strategies, it is possible to work towards a shared goal of a cleaner and sustainable environment.
The Union Budget 2023 was a promising one, touching upon all the elements critical to our economic growth. Know how budgetary allocations & policy initiatives could impact the real estate sector in the year ahead.
We’re committed to making a positive impact with small steps towards eradicating child labor through our Ek Pehal initiative, a small beginning to improving the lives of those with the greatest needs.