Good morning, yesterday, the Supreme Court reconstituted the expert committee to monitor the compensatory afforestation in the Delhi - Dehradun Economic Corridor project.
🍀 Under compensatory afforestation, when forest land is diverted for non-forest use, the project proponents are required to provide funds to the state forest department to plant trees in a non-forest land of equal size, or revive a degraded forest land of double the size of the diverted land.
Seeing the apex court crack a whip on folks who need to replenish the greens pronto, is a soooper good feeling.
Best enjoyed with your morning cuppa.
🏋️♀️🍳🥛
On Demand Warehousing AKA I Need It Now
On-demand warehousing is becoming a buzzword for commercial real estate worldwide.
Care To Explain?
Picture how many companies have untapped warehousing space and distribution abilities within their own supply chain networks.
What if these are made available for firms in need?
Well, they do not have to commit towards maintaining and building warehouses for the long term, though handling and associated costs are sometimes higher.
Nevertheless, warehousing space on demand makes sound business sense to entrepreneurs with a shortage of time.
🔼 Pros
📎 More dynamic and collaborative supply chain ecosystems, enabling quick adaptation to demand fluctuations.
📎 Helps companies/businesses of almost all sizes quickly launch products in the market.
📎 Helps companies initially bypass high-investment conventional warehousing/distribution centres, especially when foraying into newer global markets.
📎 Helps companies overcome common distribution outsourcing issues, i.e. minimum inventory stipulations, longer negotiations, etc.
🔽 Cons
📌 Temporarily high cost structures.
📌 Not always risk-free, hugely dependent on responsiveness, patterns of demand, etc.
📌 Not suitable for every distribution business model.
Take-Aways
On-demand warehousing can supplement conventional distribution, enabling better capacity utilization, benefiting businesses and aiding rapid global expansion.
In one sip, it's supply chain hybridization.
Karnataka Minister Promises Goodies To The Realty Sector
Wednesday Map Quest
Calling out real estate bubbles before they pop is a tricky business. After all, even though many of us “know a bubble when we see it”, we don’t have tangible proof of a bubble until it actually bursts.
And by then, the ceiling is already yellow.
The map above, based on data from the Real Estate Bubble Index by UBS, serves as an early warning system, evaluating 25 global cities and scoring them based on their bubble risk.
Real Estate In The Metaverse Is Heating Up
Metaverse real estate is a rapidly growing market globally and looks set to expand at a scorching pace if reports are anything to go by.
Yeah. Sample This.
📍 Metaverse real estate is expected to grow by USD5.37 billion in 2021-26.
📍 Concentrated Metaverse real estate markets and newer strategies are likely to contribute towards slight deceleration ahead (61.74% CAGR).
📍 Main market players include Linden Lab, Axie Infinity, Decentraland, The Sandbox, Global Thailand Co. Ltd. and many more.
📍 Global Metaverse real estate growth is spurred by mainstream popularity of cryptocurrency and mixed reality.
📍 People are latching onto Metaverse platforms, purchasing land and leasing/selling it to other participants.
📍 Bitcoin, NFT and Litecoin are being used across enterprises and end-users.
📍 41% of growth is anticipated from North America alone.
Yes, there are challenges regarding fluctuating real estate market prices on the Metaverse. Valuations are still being triggered by the location and availability/scarcity of virtual land.
Yet, things could settle down eventually, making this a red-hot category for investors.
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We never promised you good news all the time, so here goes.
Popular Mumbai based music band, Local Train, has split up, confirmed band member Raman Negi via a tweet last week.
College fests are never going to be the same again. Sigh.
See you tomorrow, usual time. 💚
☕ The Crew@Ginger Chai