Wednesday, June 22, 2022

What are the newest Shapoorji Pallonji projects in UAE?

 Shapoorji Pallonji is one of the most renowned real estate names in India while also being the first Indian construction company to expand its expertise to the Middle East. It began with the construction of the Sultan Qaboos Palace in Oman and has now followed into a number of high-profile projects across the UAE and other Middle Eastern locations.

Tuesday, June 14, 2022

What you need to know about EL Testing of Solar PV Modules

EL Testing of Solar PV Modules

Tuesday, June 7, 2022

Picking the best EPC Business Model for your Solar Plant

 

Solar energy is the most sustainable energy that is abundantly available on the planet and has the potential to match our daily needs. The Government of India is very supportive of Solar EPC companies, with the Ministry of Finance providing low-interest loans for private and public sectors.

So if you are thinking to start your own solar EPC company, here are the basics and two business models that are widely used in the industry to get you started.

What is an EPC company?

EPC stands for Engineering, Procurement, and Construction. As the name suggests, EPC companies combine the main three components of creating quality products and services. The major advantage here is that the company has full control over the production of everything.

EPC Business Models

EPC business models are a way to work with customers by offering them the equipment and services they require while outsourcing the high-value engineering and construction expertise. This makes for a great system, especially for solar businesses.

There are two common business models in India for EPC companies, namely the CAPEX model and the RESCO model.

In the CAPEX model, the buyer generally hires an EPC company as their prime contractor. Here, the company is in charge of management and procurement for its value chain. An excellent example of a leading solar company that uses this model is Sterling and Wilson Renewable Energy Private Ltd. Having over 90 years of experience in the industry, they are known as the largest global EPC and MEP contractors.

In the RESCO model, the company provides you with renewable energy which you can pay for as you consume. The customer does not hold ownership of the Solar Power Plant but the seller and buyer share roles for handling all equipment and personnel for their project.

Make the choice based on the kind of equipment and services you are interested in providing. Here’s your green signal for a green business!

Originally published at http://realestateandepc.wordpress.com on June 7, 2022.


Wednesday, May 25, 2022

What is Floor Rise Charge (FRC) & How to Calculate It?

 

Buying a home comes with many costs, especially when you are purchasing a high-rise apartment. One aspect of the pricing involved in the agreement value is the floor rise charges. Floor rise cost comes under PLC which stands for Preferential Location Charges and it majorly affects all real estate purchases in India. It is a charge that is not governed by any regulations and so they vary from city to city.

Here is a guide to explain the basics of floor rise costs and how they can affect your purchase.

What exactly is floor rise charges (FCR)? — Definition

Floor rise quotations are charges determined by the construction company in respect of an apartment located on floors above the fourth floor in their building. It is calculated on the basis of the cost of construction, interest during construction and overheads. These charges are calculated per sq. meter/per sq. ft. as per the total area of your desired apartment. Based on the particulars of location, the charges can range from Rs.25 per sq. ft. to Rs.100 per sq. ft. Some companies also charge you a higher price for a higher floor.

Calculating Apartment Floor Rise Charges (FCR)

The most common method of calculating this cost includes charging a particular price per floor or charging X% per cent of the entire project cost.

Let’s look at an example to understand how it works.

Imagine you have booked a property with a carpet area of 500sq.ft. If the rate of the area is Rs.2000 per sq.ft., the basic price will be calculated as Rs.10,00,000. In addition to this cost, you will be bound to cover the GST, PLC and stamp duty. If floor rise charges are applicable to your project, say it is at Rs.50 per floor, and your apartment is on the 10th floor, the final price will increase by Rs.500 making Rs.2500 per sq. ft.

This means, that your base price + floor rise charges = Rs.2500 x 500 sq.ft. = Rs.12,50,000 (excluding other charges)

Make sure you speak with your realtor to take you through the price breakdown so that you are fully aware of all the additional costs involved prior to making a purchase.

Happy Dream Home Shopping!

Shapoorji Pallonji Real Estate is a name to reckon with in the real estate sector. It is part of the Shapoorji Pallonji Group — an enormous multi-business conglomerate. The group has a 150-year legacy of creating great spaces, from the earliest structures of India to modern marvels.

Originally published at http://realestateandepc.wordpress.com on May 25, 2022.


Wednesday, May 18, 2022

What are Builder Floors?

 

Monday, May 16, 2022

What you need to know about Eureka Forbes

 

Now considered one of India’s leading health and hygiene brands, Eureka Forbes was founded as a joint venture in 1982. It is the union of the Tata Group company Forbes and Campbell with Electrolux of Sweden. The multi-product, multi-channel organization dominates markets with iconic products from water and air purification systems to cleaning systems and security systems.

What is Eureka Forbes?

Eureka Forbes has been delivering cutting-edge health and hygiene products with the latest in technology for four decades. It was formed with the vision of offering its customers a happy, healthy, safe, and pollution-free life through lasting bonds as a ‘Friend for Life. Now, Eureka Forbes serves more than 20 million satisfied customers, reaching over 1500 cities and towns in India. It has also crossed borders to around 35 countries.

The company has widespread retail as well as e-commerce channels in one of the most expansive service networks in India. Its broad network extends to a number of robust franchise business partners. The consumer channels include 21,000+ dealers located in 10,000 cities and towns in India. Moreover, almost 80% of its customers can access a service center within a 5-km radius. 8,000+ company-trained technicians operate from these service centers across the country, making over 40,000 kitchen visits every day.

Most notably, Eureka Forbes is a leader and pioneer when it comes to direct sales with a sales force that is one of the largest in Asia. Its trendsetting direct selling reputation encompasses over 10,000+ professionals operating from 150+ Customer Response Centers in over 120 cities and towns across India.

The iconic Aquabrand brand is the jewel in the company’s crown. It is the flagship water purifier brand of Eureka Forbes and is considered ‘the’ name for healthy and safe drinking water in India. The award-winning product range also consists of customized solutions for the rural markets along with industrial-level solutions.

Forbes Vacuum Cleaners, formerly named Euroclean, is also an award-winning name under the Eureka Forbes legacy. According to recent GFK market share data for 2020–21, it is the #1 vacuum cleaner brand in the market.

Other brands of this renowned company include Dr. Aeroguard, Aeroguard, Forbes Health Conditioners, Air Purifiers, and EuroVigil security solutions. All of these names have now come together under the name FORBES as one notable solution provider. Additionally, Forbes Pro Solutions offers packaged and customized water treatment solutions for industrial processes.

Eureka Forbes is also recognized as one of India’s Top 5 Best Employers, a case study at Harvard and Richard Ivy Business Schools, a classic direct sales reference in marketing guru Philip Kotler’s textbook ‘Marketing Management, a feature in Forbes Magazine Asia edition.

It has won awards for fulfilling its corporate social responsibility as an eager participant in social welfare, especially in times of need. Eureka Forbes has provided safe drinking water in cases of natural calamities, during the pandemic, and at kiosks in public spaces. It has also set up EuroAble which is the country’s first state-of-the-art call center that is entirely manned and operated by people with special needs.

Originally published at http://realestateandepc.wordpress.com on May 16, 2022.

Friday, May 13, 2022

What is an inverter duty transformer?

 What is an inverter duty transformer?