India Developing, but still a long way to go

Net Office Space Absorption
- in Top 8 Indian Cities in 2016

1. Bangalore: 12.3 million sq ft
2. Hyderabad: 6.3 million sq ft
3. Delhi NCR: 4.3 million sq ft
4. Mumbai: 3.3 million sq ft
5. Pune: 3.3 million sq ft
6. Chennai: 2.9 million sq ft
7. Kolkata: 0.8 million sq ft
8. Ahmedabad: 0.6 million sq ft

(c) Cushman & Wakefield

Another point:

• Next 4-5 yrs., Bang. & Hydbd. are into 34-38 msf & 37-40 msf

More @: http://www.skyscrapercity.com/showthread.php?t=1137233&page=120

No major economy is absorbing as much new office space across the country as India, and we know how Indian work places are traditionally dirty, decrepit and dangerous.

Since the Indian economy is on a roll, the above figures only reflect the top end of the market, and good looking too. As proper, efficient even ergonomic world class office and commercial space market reaches out to the middle and bottom rung of the economy, demand will continue to chase office supply for long yrs.

I was thinking there must be a fund, or time to start a fund, to cash-in on facilitating 'downtown' style office complexes in tier 3-4 cities in India. Even tier 1-3 cities re: SWOT, PEST & PESTLE mgmt. specially to bring together Holistic office-mass-transit-hospitality-entertainment-new access roads and parking mgmt. as a package.

Top ten economies by GDP PPP in 2060
- Estimates by PwC.[1]



- simply incredible!

I have a point to add.

Global elite base their analysis on homegrown processes on relatively clean data.
India is famous for - under invoicing; while China for the opposite, it deliberately fudges data upwards.

• Demonetisation was only 1 exercise in cleaning up the giant Indian economy but the idea of economic propriety went down well with the people of India despite the personal inconvenience.

While this huge and successful exercise proved that the so called black economy is neither as big or black, India's vast hidden resources of gold, remittances, Global business language English friendly HR and foreign deposits are not properly accounted for in Global calculus like the above by PwC.

It is my contention that the Indian economy may come out tops even beating China because China's hidden resources are dicey and the economy has structural flaws which can choke or skew it's economy. Global digital media is far more critical of the future of China's economy Vs. the future of Indian economy.

Tax
===
~ $ 250 Billion Govt. of India's income from taxes alone
~ $ 50 Billion " '' remittances
~ $150 Billion IT/Software/BPO/Light engg. exports
~ $100 Billion Refined crude, Pharma, autos + jewels
~ $ 50 Billion Other exports Food, textiles, carpets etc.
~ $ 50 Billion Investment FDI etc.
________________
$ 650 Billion/yr. Total

The above is an ever growing pie, yr.-on-yr.

" - The government's income tax collection target for 2015/16 is Rs 7.98 lakh Cr.'s @ 1% of entire population

- It has projected a gross tax revenue (direct and indirect tax) of Rs 14.5 lakh Cr.'s
(approx. $ 250 Billion)

Direct tax, which includes corporate tax and individual income tax, accounts for approximately 55 per cent of the government's tax revenues. The rest comes from indirect taxes - customs and excise duties, service tax, etc."

A $ is worth 3-10 times, @ $ PPP:
Total $ inflow amounts $ 650 * 8 = ~ $ 5200 Billion or $ 5.2 Trillion in PPP terms.
Defence budget alone is $ 50 * 8 = $ 400 Billion in PPP terms, 1/13'th or < 1%.

(c) http://www.businesstoday.in/magazin...nctioning-of-i-t-department/story/226496.html

Super cars in India


@Samurai_assassin @Mrc @mil-avia @Mohammed Khaled @sharingan @Taygibay @Russell @Erl @mandala @Basel @Musafir117 @Farah Sohail @Moonlight @cnleio @Areesh @Viet

Kochi, Kerala



pic:Tril

cc vjkrishn

http://www.tritvam.com/photo-gallery.html#

MIR RAZA HUSSAIN said:

just 1 question does these new construction have proper hygiene system ????

Click to expand...

no toilet in any new constructions....they will use your mind instead

^^
Oye, no trolls-no feeding trolls. Gettit?

Why Nations Should Pursue "Soft" Power
- Shashi Tharoor

(c) <iframe width="640" height="360" src="https://www.youtube.com/embed/EiTrl0W1QrM" frameborder="0" allowfullscreen></iframe>

:0fftopic:
I counted over 25 towers in various stages in Bombay, all 100 stories or 300 m. tall and over. Check and comment:

• https://en.wikipedia.org/wiki/List_of_tallest_buildings_in_Mumbai

... and hundreds of towers between 50-100 stories!

I have lived in EU & the Americas for long.
Most of my middle-to-lower middle class, often of immigrant origin, don't travel of go out much.
Contrast to India and fortunately, also like Pakistan, multiple social structures co-exist.

For those who love India, the below video will touch you for it's honesty. For others, specially S. Asians, one can see a phenomenally different, non-typical media type coverage of an often unseen India. This new age India is replacing the 'typical' type of India by biased media at an often stupendous rate.
For eg. all major Indian cities have mega metro rail projects expanding rapidly.
Why I love India
- by Karolina Goswami
(c) <iframe width="500" height="300" src="https://www.youtube.com/embed/aV_9fd-XZCs" frameborder="0" allowfullscreen></iframe>

patentneer said:

Net Office Space Absorption
- in Top 8 Indian Cities in 2016

1. Bangalore: 12.3 million sq ft
2. Hyderabad: 6.3 million sq ft
3. Delhi NCR: 4.3 million sq ft
4. Mumbai: 3.3 million sq ft
5. Pune: 3.3 million sq ft
6. Chennai: 2.9 million sq ft
7. Kolkata: 0.8 million sq ft
8. Ahmedabad: 0.6 million sq ft

(c) Cushman & Wakefield

Another point:

• Next 4-5 yrs., Bang. & Hydbd. are into 34-38 msf & 37-40 msf

More @: http://www.skyscrapercity.com/showthread.php?t=1137233&page=120

No major economy is absorbing as much new office space across the country as India, and we know how Indian work places are traditionally dirty, decrepit and dangerous.

Since the Indian economy is on a roll, the above figures only reflect the top end of the market, and good looking too. As proper, efficient even ergonomic world class office and commercial space market reaches out to the middle and bottom rung of the economy, demand will continue to chase office supply for long yrs.

I was thinking there must be a fund, or time to start a fund, to cash-in on facilitating 'downtown' style office complexes in tier 3-4 cities in India. Even tier 1-3 cities re: SWOT, PEST & PESTLE mgmt. specially to bring together Holistic office-mass-transit-hospitality-entertainment-new access roads and parking mgmt. as a package.

Click to expand...

This was the stock of grade A plus commercial office space in 2014 . I'm sure every city would have improved by leaps and bounds .

^^
Thanks, 'leaps and bounds', Not!

• Problem is that the banks are complete $hit. Don't fund $hit. With IT banks have the best excuse - IT Co.'s are not quantifiable, have no collateral. It's a surprise so much Grade A, mostly by pvt. Co.'s with state govt. help re: land and infra., is getting built anyways

Future is bright as the demand for Grade A is driven by New Age businesses like IT, Software, Bio-Tech, Pharma, BPO, R&D etc. which are now a well established vertical and the new govt. has stabilized plus has demonstrated strong, daring and un-popular economic reforms; Global funds have tied into this business with a top-down approach.

All good.

Kochi/Cochin | KL

Constructed by Kochi Metro, the first in a series of cycle tracks under Kochi Metro Cycle project, offers convenient links to the city's mass transit system.
















cc: KochiMetro

That looks positively first world !!way to go kochi

Bombaywalla said:

Kochi/Cochin | KL

Constructed by Kochi Metro, the first in a series of cycle tracks under Kochi Metro Cycle project, offers convenient links to the city's mass transit system.

cc: KochiMetro

Click to expand...

Been to kochi last week....except for the old domestic terminal....everything was clean and absolutely beautiful!!

Singara Chennai

Kovalam


Egattur

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OMR

Marina Beach



Chennai