Zaha Hadid designed China airport to become the largest aviation hub in the world

Jun 27, 2017


The ‘world’s largest airport passenger terminal’ designed by Zaha Hadid will complete the airport complex of Beijing. The new passenger terminal will serve China Eastern Airlines and China Southern Airlines respectively and exclusively. This will double the flight capacity of the regular airport carriers capturing largely on the Europe and US slots for flights. The airport terminal is to face stiff competition in and out of the Chinese capital, which is set to open in 2019.

Mumbai tops charts of highest ‘cost of living survey in India’

Jun 27, 2017

A survey on the costs of living in India, conducted by Mercer Group shows Mumbai tops the charts. The annual survey showed a relative rise post demonetization. As the real estate costs rose, rental prices also got highly competitive. Mercer’s 23rd annual Cost of Living Survey finds that factors like the instability of housing markets, inflation for goods and services and foreign exchange fluctuations contribute to the overall cost of doing business in today’s global environment.

80,000 Nashik properties to be brought under tax schemes

Jun 27, 2017

Nashik Municipal Corporation (NMC) has involved a New Delhi-based private firm in finding non-assessed properties and identifying a change in use, along with a revision of assessment value of properties. The property survey being carried out by the civic body for the first time since 1999 has identified 40,000 new properties so far and officials estimated that an equal number of properties could be added by the time the survey ends. The additional number of properties would be a boon for the cash-strapped municipal corporation. At present, NMC’s revenue from property tax is Rs 86 crore.

Amazon soon to bring changes to its home range of smart products

Jun 26, 2017

With the fierce competitors coming up with smart home products and Apple’s newest edition, Amazon is gearing up to increase its visibility in the system. Companies like Netgear, Ring, and Vivint.have already taken advantage of creating and adapting to the open systems. Amazon wants to beat this by providing a comprehensive ecosystem of its products. Its competitors are also on lines of a similar game plan to further their products.

India to collaborate with Australia for textiles and clothing segments

Jun 26, 2017

India signed a memorandum of understanding (MoU) with Australia for the segments of textiles and clothing segment. The Department of Foreign Affairs and Trade in Australia has directly linked with the Ministry of Textiles to promote their mutual interests in these sectors. The parties to the deal will initiate collaborative deals between dealers, vendors in the segment between the participating nations. The MoU also aims at promoting skill development and training, professional opportunities and economic activities. 

Only 72 real estate projects in Maharashtra are RERA approved

Jun 26, 2017

Although more than seven weeks have passed for RERA, only 88 companies have filed their projects to the Authorities for review. From this, 72 projects have received a clean chit. From registering financial documents to adhering to the room dimensions, the checking points in place for RERA follow a long list of details that have to be checked thoroughly before submission. The authorities are expecting around 30 thousand projects or more to register by July. 

Pottery Barn home products to be designed by bridal designer Monique Lhuillier

Jun 26, 2017

Monique Lhuillier, a famous bridal fashion designer is soon to come up with products for the home. From bedding, bath, tabletop, entertaining and décor products, the collaboration will see a new theme to every season. The lifestyle collection will début in the chain’s stores and on its site in October. Pottery Barn currently has stores in the U.S., Canada and Australia and unaffiliated franchisees with outposts in Mexico, the Middle East and the Philippines.

Real Estate in Gujarat on a slump owing to new regulation policies

Jun 26, 2017

Real Estate market in Gujarat is on an all time low owing to Real Estate Regulatory Act. The industry doesn’t show any positive signs with the new upcoming Goods and Services Tax either. The laws combined, add a lot of regulation and strict guidelines to be followed by companies. The lack of clarity and the changing norms are the biggest challenges to the industry.

Dr Weisner Lifestyle enters the Indian market

Jun 26, 2017

A Germany company, Dr Weisner Lifestyle has recently been launched in the Indian market. The company brings together a range called  SmartWash to provide the ultimate luxurious bathroom experience. The SmartWash range has a host of toilet seats to provide the ultimate luxurious bathroom experience. The hands-free design experience comes with features that relax, rejuvenate and soothe the senses.

Astana Expo 2017 reveals energy-themed pavilions

Jun 22, 2017

The Astana Expo opened to the public last week in the Kazakhstani capital. The centrepiece of the grounds is Kazakhstan's National Pavilion, designed by Smith and Gill – a glass globe sat atop an undulating glazed podium. One hemisphere of the building is completely see-through, while the other is translucent.The globe is flanked by two matching buildings with two faceted mirrored facade and curving awnings. The Austrian pavilion, designed by Johann Moser and BWM Architects, hosts a range of interactive installations that encourage visitors to use their own bodies to produce energy, including a room filled with stationary bicycles.