Could you explain a little more about "non-defense government contracts are much worse" I always hear about defense contracts and bloat but less about others.
A lot of infrastructure contracts and overall handling of infrastructure is riddled with corruption. US ports are lower in efficiency than Tanzania, primarily due to dockworker unions refusing any automation. Road expansion and upkeep are typically closed tender contracts given to political donors, many of which explicitly have provisions in the contract that the contractee cannot be fired solely for poor performance or cost overruns.
The entire contracting process could do with a thorough anti-corruption campaign, defense and non-defense alike. It would never happen though. At least our bureaucratic apparatus isn't as bad as Germany.
Thanks for the question, Anon.
SomethingLikeALawyer, Hand of the King
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i miss having fiber optic internet. now i have to deal with a stupid 4G home router that can’t even handle two videocalls at the same time. streaming is absolutely out of the question.
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How Technology Is Impacting The Mumbai Real Estate Market
Properties in Mumbai, from small residential or retail spaces to large industrial or commercial business complexes, offer a wide varieties and constantly launching new projects. Technology is playing a significant role in both the residential and commercial sectors of Mumbai. Many developers are introducing smart home technologies into their new projects, allowing residents to enhance their lifestyles and fulfill their expectations. Here are the major types of technologies used in Mumbai's real estate industry:
Reliable Power & Internet Services
With a population of around 21 million in 2024, Mumbai faces a high demand for electricity, internet, and other services. Developers in Mumbai have introduced partnerships with private sectors like Reliance Electricity, Tata Power, Airtel Internet, and Jio Fiber to meet these demands. This reliable supply of energy and services ensures residential needs are met and allows Corporates & Industries to function at their full potential.
Go Green Technology (Reduce, Reuse & Recycle)
Over the past two decades, Mumbai has become India's most visited city and a growing population hub. This rapid growth has put a strain on resources like water and green spaces. To address this, many Mumbai projects are incorporating green features. These include the development of artificial mangroves, large-scale gardens, and lakes to preserve nature and provide a fresh environment for residents. Additionally, property developers are introducing rainwater harvesting, Water filtration plants and garbage restoration services to their communities, promoting sustainability through reduction, reuse, and recycling.
Connectivity & Transportation Infrastructures
Mumbai is known for its fast-paced lifestyle, and large-scale property development is a constant feature. To improve connectivity, new infrastructure projects like the Worli Sea Link and Atal Setu Bridge connect major parts of the city to suburbs and prime locations. Additionally, Mumbai's new metro lines, mono trains and the prime railway network provide greater comfort and convenience for daily commuters. Modernization of the railways with new trains reduces congestion and offers safer journeys.
Modern Engineering & Luxurious Architecture
High-volume investors demand luxury and spacious living environments. Modern designs present a challenge ie. building architectural marvels in fast-growing areas with limited land. Technologies like heavy mobile cranes, temporary concrete plants and high-speed elevators facilitate the construction of modern real estate. In the luxury segment, glass-finished projects dominate central Mumbai areas like Parel-Worli to SoBo areas Dadar-Juhu. These buildings, constructed with modern glass manufacturing technology, add a glow to the city skyline. This lightweight and durable material is low-maintenance and withstands various weather conditions. Many engineering marvels include rooftop amenities like infinity pools, helipads, and vertical parking systems, catering to the luxurious needs of residents.
here's a Conclusion Technology giving boosts to mumbai's real estate market, by growing investors attentions towards good services, modern amenities, fast transportation & Smooth Connectivity. Providing Comfort & safety to Residents & sustainablity to limited Resources.
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