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Warehouses to draw large investments on manufacturing demand

Large international investors are expected to lead the increase in investments in the industrial industry this year as they acquire ready-made and greenfield warehouse sites with the expectation of earning higher returns. A $0.64 billion influx of investments was recorded in the L&I category between January and September 2023, accounting for 17% of the total capital.

carbon emissions: Property developers prioritize green developments

To deal with the extreme climate change builders are focussing on conserving water by recycling it and using it for flushing and landscape, harvesting rainwater, radiation free building structures, green materials, and recycling organic waste and segregating waste on the development so that the amount of waste sent to the landfill is only 20 % of the standard amongst others.

IT SEZ: Govt allows IT SEZs floor-wise denotification, move likely to help reduce vacancy levels

Government has granted relief to office park owners and operators by allowing partial and floor-wise denotification of Special Economic Zones (SEZs) through an amendment to SEZ Rules, 2006. The move permits demarcation of a part of SEZ built-up areas for non-processing uses, with a focus on information technology and IT-enabled services.

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