The government has to initiate a policy where the zones of the warehouses are categorised in green zone, agriculture land, etc. by the government. They need to be approved and defined to give necessary boost to the warehousing industry.
City decongestion and city movement is the key. The idea is moving out cargo smoothly from a city and then availing a warehouse. This can help build a better quality.
Proper assessment at a national level is crucial.
Certain norms to increase the energy efficiency of a building should be procured. This will encourage people to use solutions like insulation, fire and safety or FAR, etc to chart suitable gain in the infrastructural facility.
One annual charge for the truckers for ease in transporation. Currently, there is one law for transport where the truckers need to apply for a license for a particular route which is valid for one month. If they want to apply for another route, it is not possible, because of exorbitant cost of license.
There should be a sorted process in place. Even though there are improvements in infrastructure, upgrading an infrstructure builds consensus with the government, not only with MoCA, but, with customs also.
Through optimal process, the industry can improve 50 per cent.
There should be a pan-India uniform warehousing policy where all the states follow the same rule for developing and converting the land use to have a bigger, easier and constructive way of doing business.
In India, today the challenges are many like ‘no entries’, bunch of restrictions, etc. It doesn’t become cost-effective to be very far away from the city.
There could be usage of space in two ways; one where you are getting it and then distributing it in B2C space.
`1000 Presently, the sector is more than billion sector and it is growing at a pace of 10-15 per cent year on year.
Today, one of the biggest challenges the industry is facing in most of the metros is traffic restriction.
GST has given the push to developer to invest more in properties or parks where one can do quality real estate development. The local state laws do vary from state to state, GST does have an impact on the construction cost.