Designer

Retail Industry Scenario in India

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Booming Retail Industry in India

India is a developing country. Since it is still developing, there have been lot of growth in the industrial sector which provided job opportunities to the people. Retail Industry caught lot of attention in the past one decade. Due to the recent economic development of the country, people in India have enough to spend for their recreational activities and shop all they need. They have become fun loving and enjoy going shopping in huge shopping complexes even if the prices of the products at the shopping centre are higher than the products available in the open market.

Hyderabad Central, India
Hyderabad Central, India

The Indian Retail Industry is the largest of all the industries accounting on 10% of the country’s GDP growth and 8% of the country’s employment. The flourishing retail industry in India has reduced unemployment to a large extent. It has emerged as one of the most dynamic and fast paced industrial sector with several big players entering the market.

In India, the vast middle class and almost untapped retail industry are the key forces of attraction for global retail giants waiting to enter new markets. This attraction has stimulated the growth of the retail industry and is growing at a faster rate. It is estimated that the growth rate of the retail Industry will reach 25% at the end of the year.

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IPSA – Indore (AAYAM) | Sustainable Green Architecture

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Incorporation of Sustainable Green Features in the Design

Aayam in Sanskrit means dimension, and the presented design has provided innovative solutions in all the dimensions of creative world.

The entire building has been made in order to preserve the landscape and adapt suitable style pertaining to the topography. By determining the quantity and quality of light entering the spaces, they have eventually taken on greater reality. The galleries are woven into a modulated space, born of light and geometry.

IPSA - Indore (Sustainable Green Architecture)
IPSA - Indore (Sustainable Green Architecture)

The design is a centre of culture that is rooted in the region and reflecting contemporary art and architecture at the highest level that have come together with nature. The core of the annex is open to sky and the rigorous used of a geometric vocabulary. A reflection of land art with pure modernism, the convention centre is rooted to traditions and mirrors ideas if the youth of India.

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Capitalized Value and Year’s Purchase | Property Valuation System

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Property Valuation System

Capitalized Value and Year’s Purchase calculations are a necessary part of Building estimation system or we could simply term it as “Property Evaluation System”.  The Value of a property is listed into various different categories such as;

  1. Market Value
  2. Book Value
  3. Capital Cost
  4. Capitalized Value
Capitalized Value of a Property
Capitalized Value of a Property

In this article, we are going to discuss and study “what is capitalized value of a property?” which will form the part of Evaluation system and Year’s Purchase which will fall under the category of investment system.

Capitalized Value of a Property

The capitalized value of a property is the amount of money whose annual interest at the highest prevailing rate of interest will be equal to the net income from the property. To determine the capitalized value of a property, it is required to know the net income from the property and the highest prevailing rate of interest.

Therefore, Capitalized Value = Net income x year’s purchase

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Market Value, Book Value, Capital Cost | Property Valuation System

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Property Valuation System

Studying Building Estimation and Costing helps us evaluate the value of the property according to its current market trends. The Value of a property is listed into various different categories such as;

  1. Market Value
  2. Book Value
  3. Capital Cost
  4. Capitalized Value
Property Valuation System
Property Valuation System

In this article, we are going to discuss different categories under which a property is evaluated that is Valuation is done.

Market Value

The market value of a property is the amount which can be obtained at any particular time from the open market if the property is put for sale. The market value will differ from time to time according to demand and supply.

The market value also changes from time to time for various miscellaneous reasons such as changes in industry, changes in fashions, means of transport, cost of materials and labour etc.

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Six important Purposes of Property Valuation | Building Estimation and Costing

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Building Estimation and Costing

Building Estimation and Costing is a vital part of Civil Engineering. No project can begin without the total Building Estimation and Costing done by the Engineer. The entire Cost of construction and the infrastructure used for the purpose of construction is estimated and the final costing is done on the basis of which a certain percentage of the Project cost is paid to the Engineer, the Architect and other consultants involved in the project.

Building Construction
Building Construction

Valuation is one such important part of Building Estimation and Costing. Valuation is done after the project is complete on the latest trends of the land prices in the market.

In this article, we will discuss what is Valuation and the six important purposes of Valuation.

Valuation

Valuation is the technique of estimating and determining the fair price or value of a property such as a building, a factory or other engineering structures of various types, land etc.

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World’s Largest Underground City | Montreal’s RESO, Canada

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Montreal Underground city and Over ground city – Double Decker City

Montreal is the Second largest city in Canada and the largest city in the province of Quebec. The name Montreal has been taken from Mont-Royal which is the triple peaked hill located in the heart of the city.

Underground Metro Station
Underground Metro Station

Montreal is also the world’s largest underground complex in the world. It is also known as the indoor city. Montreal is the network of interconnected complexes underground. But entire city is not underground. There are certain parts which are overground. Since Montreal has both overground city complex as well as underground city complex, it is popularly known as “Double Decker City” or “Two Cities in One”. The interconnections between different complexes that are underground has been achieved through the construction of tunnels. The tunnels are technically and architecturally sound. They have conditioned air and good lighting to create comfortable environment and make it aesthetically pleasing.

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Plate Girders | Structural Steel Components

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The plate girders are used to carry the loads beyond the capacity of universal beams. They consist of plates and angles riveted together. Plates and angles form an I-section. They are used in building construction and also in bridges. Plate girders are economically used for spans upto 30m. In common, section used for plate girders are shown in figure.

Figure (A)

Plate Girder
Simple Plate Girder

It shows the simplest form of plate girder.

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Steel and Aluminium Partitions

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Steel Partitions

Steel Sheets are specially formed steel panels that  provide continuous reinforcement for monolithic, high strength, fire-resistant plaster finish applications. This type of partition provides a cost-saving alternative to reinforced concrete or Cement concrete blocks partitions. These thin, high-strength walls also easily accommodate electrical conduit and plumbing pipes.

Steel Partitions

Steel and Aluminium partitions are durable and very easy to install. Since they do not rust or rot like iron or wood, they have long durability. They are lustrous and give high quality appearance. They are aesthetically pleasing as well as easy to maintain and clean. And most importantly, economical in construction. They are generally seen to be used in the public toilets, in shopping malls, cinema complexes etc. They are recommended for areas of high humidity

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    Hollow Block Partitions | Terracotta Partitions

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    Hollow Block Partitions

    Partitions are used to create distinct and specific spaces for specific purposes usually used in a residential construction which are generally residential homes.

     

    Hollow Blocks
    Hollow Blocks

    Hollow Block Partitions are made up of different materials. The usually used materials for making hollow clay blocks are:

    1. Clay or Terracotta Hollow Blocks
    2. Fly ash Hollow Blocks
    3. Cement Concrete Hollow Blocks

    Hollow Blocks of Clay or Terracotta

    Hollow Blocks that are made using Terracotta or burnt clay are called Terracotta Hollow Blocks. Terracotta is a good insulator of heat and sound. Hollowness of the blocks adds to the advantage that Terracotta provides.

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    New material trends, Aesthetics and Lighting Techniques

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    New changing Trends in the Materials and Furniture Design

    With increasing awareness among people about eco friendly products and green homes, people are orienting themselves towards using eco friendly products and use materials that are readily available in nature and less energy intensive.

    Interior Design
    Interior Design

    Use of Fabric in a different way

    There has been a huge revolution in fabric with people becoming more experimental. The trend is towards natural fibres such as cotton, linen and silk as well as to incorporating design, particularly graphic design into the fabric.

    Concerns on health and safety have led to the manufacture of fire-retardant fabric and the pace of 21st century life has new demands like stain-retardant or spill-retardant features for fabric.

    Materials such as Damask, silk, cotton, linen, weaves, textures, Graphic printing, Ancient ethnic prints, florals etc.

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