Recent Changes In The Landscape of Indian Real Estate

The Indian government has introduced multiple regulatory changes to organize and structure the real estate landscape in India. The rapid changes are really transformative by all means. The regulation will not only be relevant for the existing land laws but will also give rise to a new set of laws which will be determined by the fiscal policies of the new government. The changes are expected to have a cascading effect on the real estate business in India. The real estate business has so far been very unorganized and unregulated. Here we will emphasize the key legal and regulatory changes that form the foundation of such a powerful and impactful transformation. Demonetization: The Indian Government was able to effectively wipe out old currency notes and establish the circulation of high-value currency notes of the new kind. This has been a mighty blow to the Indian real estate business because before demonetization the real estate business was surviving on the cash component of all business transactions. This had resulted in inflation in the real estate sector and caused an exponential growth in the Indian real estate market. As a result of demonetization, there is a significant reduction in stamp duties. Also, there has been a revision in the collector rates for immovable property. Overall this has led to the correction of real estate prices all over India. GST: The implementation of Goods and Services Tax has also affected the real estate prices in India. GST will replace all indirect taxes such as service tax, VAT and excise duty etc. Before GST a bunch of indirect taxes was resulting in a lack of transparency during a business transaction for the developers and the buyers. But implementation of GST has simplified the tax process. As a result, now buyers are clear about the tax they have to pay during the purchase of...

Laser Sensor Test System – A Revolutionary Innovation

What are Laser Sensors? What is the need of Laser Sensor Systems? Laser sensors are used for detecting, mapping and scanning purposes. The wavelength of a laser light is extremely pure (Monochromatic) as compared to other sources of light. It has low divergence, can travel over great distances with the brightness that exceeds that of the sun. Laser light is used as a tool for testing materials and components. It facilitates manufacturing process, minimizes production downtime and improves economic efficiency. Predominantly used in the manufacturing processes Which fields require Laser Sensor Test Systems? Laser Sensors are predominantly used in manufacturing processes. Apart from that, they are also used in various industries like Science, Research and Development, Medical Engineering, Security, Surveillance, Controlling and Monitoring, Traffic Management, Plant management etc. Why has Laser Sensor Testing System become so popular? It has become popular because of its efficiency, reliability and compactness. It is fast and easy to operate. Moreover, its efficiency remains unaffected by Electromagnetic (EM) noise which is omnipresent in industrial plants. How is Laser Sensor Test System better than conventional techniques? Conventional techniques used for testing purposes prove to be insufficient. They are deemed as outdated as they cannot meet certain requirements. Laser Sensor Test Systems work with high – speed Also, they become come with sturdy housing which makes it easier to be used in various heavy-duty industrial applications. And, therefore laser sensor test system has become more preferred. How does a Laser Sensor Test System work? It makes use of triangulation measurement principle. It is designed in a way that it works in a completely non-contact and non-intrusive way. Its non-contact sensors are used for measuring moving targets such as small objects and precise positions. Laser lights are focused on the target. One can measure precisely and quickly without any contact with the object with the help of...