Growth and Challenges of China’s Real Estate Industry

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Discover the Challenges and Opportunities in China’s Booming Real Estate Sector

Introduction

China’s real estate industry has experienced tremendous growth over the past few decades, with rapid urbanization and a booming economy driving the demand for housing and commercial properties. As the world’s most populous country and one of the largest economies, China presents vast opportunities for real estate developers and investors. However, this growth has also brought about various challenges and problems that need to be addressed. In this article, we will explore the rise of the real estate industry in China, delve into its inherent problems, and examine potential solutions to ensure sustainable development.

The Chinese Dream: Rise of the Real Estate Industry

China’s economic transformation and urbanization have played a significant role in the rise of the real estate industry. As millions of people migrate from rural areas to cities in search of better opportunities, the demand for housing and commercial properties has skyrocketed. The Chinese government has actively supported this growth by implementing policies that encourage investment in the real estate sector and making homeownership more accessible to its citizens.

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Design & 3D Render of a 6 BHK Villa

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Our team worked on this 6BK S+2 Villa project. The ground floor was entirely stilt parking space with an 8-person lift and a 4′ wide c-type staircase block in the front section. There is a provision for servant quarters on the ground floor.

Front Elevation

The first floor has a large Living Room cum Dining area with an open Kitchen. The Living room has a large double height floor with 21′ slab top height. There is an open deck accessible from the Living Room. We can also access common toilet and handwash area near the Dining section.

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Project: Design of a G+1 Manufacturing unit

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Our team had designed a factory building in late 2021. The project had two production areas on the ground floor separated by a covered 25′ common area. There was a pantry/canteen where workers can eat their lunch and afternoon tea. The facility also included administration and office space of the company

Front Elevation

The front section has a security booth and parking space. Three sides of the factory building have wide open spaces to allow easy movement of vehicles and people. There is also a loading platform at the south side beside Production 2 Facility.

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Design of a 4BHK House

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We have recently proposed a design for a G+1.5 house on a plot size of 45′ x 37′ 6″. The ground floor has a large living room, one guest bedroom, kitchen and dining room. We also have a combined store + washing machine room. The staircase is 3′ 6″ wide. Slab top per floor is 12′ 3″, with a total of 21 steps of 7″ height each.

Ground floor plan
Ground Floor Plan

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Staircase Detailing of a C-type RCC Staircase

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The advantage of using a C-type staircase is that it can fit in a squarish area. We can also install an elevator the central area of the staircase if necessary. This practice is generally frowned upon, as fire safety regulations advice to keep staircase and lift locations separately, but sometimes we have to use this layout in case of space constraints.

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Project: Small Residential Apartment building of 4 floors

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Our team had been asked to plan and design a small residential building of  Ground + 3 floors. The requirements were to plan atleast 4 medium size apartments per floor. The plot area available was 7565 square feet. It was not rectangular, and so apartments would be of differing builtup areas. Our main target were buyers looking for a medium size 2BHK apartment. There was an additional requirement for a separate Drawing Hall for guests wherever possible.

 

Plot Survey
Plot Survey

A lot of options were proposed. Our goal was to maximize usable area for the residents. Front open margin was fixed at 12′. Side margins were fixed at 6′ 6″ on both sides. One plan was finalized after a few meetings with the developers.

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AICTE and HRD ministry likely to propose a National Engineering Entrance Test

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The All India Council for Technical Education (AICTE) is the statutory body and a national-level council for technical education, under Department of Higher Education, Ministry of Human Resource Development.

Entrance Tests in India

In India, there is an urgent need for a centralised application system for admissions to undergraduate engineering courses. There are standardised entrance tests for admission to Medical colleges (NEET), to Management colleges (CAT) and to Architecture colleges (NATA) as well as post-graduate Engineering courses (GATE). But under-graduate engineering students have no such facilities at this moment. Certain institutions like the IITs and CBSE have instituted entrance tests like JEE (Joint Entrance Examination — Main and Advanced) for colleges under their auspices.

AICTE

It is being reported that the current HRD Minister, Mr Prakash Javadekar has called for a single entrance examination for all engineering courses across the country. The ministry is in consultation with the All India Council for Technical Education (AICTE) and is expected to discuss about instituting common entrance test in their next meeting.

The HRD Minister has hinted at creation of a pan-India system for admissions to Engineering colleges. A National Engineering Entrance Test.

There has been a boom in private engineering colleges in recent years. The graduates from such institutes are unemployable as the quality of education is very bad. A recently published report by Aspiring Minds, the National Employability Report has revealed that 6,00,000 engineering students graduate in India every year. Their study has found that up to 80% of engineering graduates in India are unemployable. The overall quality of education has deteriorated as most of these private institutes have little infrastructure or teaching ability.

Now, the HRD ministry wants things to improve. A pan-India entrance test would allow meritorious students access to good institutes, and push bad quality institutes out of the market. This would improve the quality of education as more students would be inclined to join AICTE certified institutes.

There is also a proposal to conduct an exit test for students who pass out of engineering colleges to gauge their skill levels and employability.

Project Management Planning and Execution

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Project Management is a vast and growing field of science which deals with the question of how to manage your projects more effectively.

Project management is defined as the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems. Project management is a process of solving problems, or taking advantage of new business opportunities.

What is a Project?

A project is an activity with a beginning, a specific goal to accomplish, a budget of time & resources, and an end. The goal can be constructing a new apartment building, expanding your business into new product categories, or expanding your distribution network. All projects have constraints of man power, time and money.

The project life cycle
The project life cycle

 

A Project Manager has to be good at getting things done. She should have the technical and interpersonal skills required to complete the project. Her job includes identifying the work that needs to be done, building a schedule, launching the project and monitoring performance to make sure it stays on time and within budget. Strong leadership skills are a necessary trait in a successful project manager.

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Planning Committee Meeting | Analysis of a Planning Application in the UK

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Abstract

This report outlines the process in which a planning application is analysed at the planning committee meeting. It discusses the role of different members present in the meeting in the planning application process. Different stages of planning application process have been studied, which include pre-application advice, application submission, role of validation team, role of development control officer and planning committee involvement. Different types of applications have been mentioned. The planning application selected for analysis has been described. The planning officer’s report contents have been briefly summarised. The stages in the process of planning application assessment have been explained in detail. Lastly, the planning application process has been critically analysed.

 Background study of Planning Application Process

Planning takes places within the context of a system which is defined by Legislation, Regulations and Orders, Case Law, National policy and advice (NPPF), local plans (Neighbourhood plans), appeals and enforcement.

Local Planning Authorities (LPAs) evaluate planning applications. This will be either District/Borough/City/Unitary/County/London/Borough/Metropolitan/National Park.

The applicant has an option to get free “Pre-application advice”. The applicant can discuss the documents with the council in presence of planning officers and get advice on the list of required documents for application approval. This is an optional service and depends on the applicant’s desire to use it. Instead, the applicant can directly submit the application to Local authority.

The application is then passed on to the Validation team who is responsible for checking all the documents against the local list (where all the policies relating to the application are considered) in order to validate if relevant. The application is then forwarded to the Development manager or Development control Officer (DC).

DC stage has two options.

  1. It is delegated by the officer. In this case, if the planning application is straightforward, the consent is given by the DC officer alone.
  2. Sometimes, there is a need for the planning committee to intervene and decide if the application is to be approved or refused. The DC officer sends his comments to the committee regarding his thoughts and analysis of the application.

Role of Planning Committee

Major and contentious applications are dealt with by Planning Committees. They also inspect the sites before coming to a conclusion. The Planning Committee includes Councillors from all political parties and areas of the City. Officers of the Council also attend to answer questions about the reports.

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