Today inspite of the economic down turn, there are very few countries growing with a very good growth rate. One such country is India. Still India is one of the very few countries that are attracting a hand full of investments in various fields. Especially IT AND ITES sectors are one of the fastest growing sectors, but the other sectors are not far behind.
Even though it’s a good sign for Indian economy, still there are few flaws that are to be corrected. There is one big question that is been asked that is, do we have the correct infra structure to cope up with the billions of investments. That too the main thing, which is required, is that the enough space for a firm to set up their facility.
But with lots of investments coming in the requirement for the office space is peaking up. But with not enough space left within the city, the companies are being setup in the suburbs. But due to the increasing demand for office space, now even the suburbs are fast filling up. There would be a time when there is scarcity for land, if this continues. But there is a reason for scarcity of land in our country.
The reason is that, there are restriction for the floor space and the height of the building. In most of the cities in India. That puts pressure on builders to look for more land space which in turn leads to scarcity to lands. But there is one way to overcome this problem. It’s time to build the buildings vertically. Government must lift the restrictions on the building space and height. So that there can be more office space available. So vertical is the way forward.
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