The approval of Model Shops and Establishment Bill may revive the fortunes of the sluggish landscape of malls and retail stores in the country
Good times are surely in the offing for developers of state-of-the-art malls, multiplexes, entertainment destinations and commercial establishments in the country, as Model Shops and Establishment Bill (MSEB), 2016 has been cleared by the Union cabinet.
With the provision of measures such as grant of permission for operating 24×7, 365 days in a year and permission to allow women employees as well during night shift, if necessary amenities and adequate protection of their dignity exist, we are on the verge of witnessing retail transformation in the country. The emerging round-the-clock operations will also generate massive employment opportunities for both skilled as well as unskilled workforce to support the increased business hours in malls, cinemas and shopping destinations.
この記事は Property Expert English の September - October 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Property Expert English の September - October 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
GST Needs Clarity
GST may usher in clear and transparent taxation rules for the real estate sector in India. But the new law requires many clarifications for its effective implementation.
Shop Day and Night!
The approval of Model Shops and Establishment Bill may revive the fortunes of the sluggish landscape of malls and retail stores in the country
Cheers for Real Estate
The SEBI has proposed relaxed norms for REITs to allow them to invest more in under-construction assets. REITs are well on the path of becoming one of the most attractive investment vehicles
Real Game-Changer?
The introduction of GST will have a cascading effect on the real estate sector due to the positive symbiotic relationship it shares with more than 250 sectors such as cement, steel, IT, BFSI, etc
LatestPastel Trends
Impart versatility toyour wooden interiors with right mix of colours, patterns and textures to give your home a touch of sophistication and refinement
Poised to Take Off
With Jewar Airport all set to become a reality in future, there are big hopes for the revival of real estate markets in Noida Expressway, Greater Noida, Yamuna Expressway, Ghaziabad, and even Agra.
