Thaindian News reports on designs such as the luxury villa designed by Giorgio Armani, an 18-hole golf course conceptualised by Greg Norman and skyscrapers with the FX Fowle touch – hiring global professionals has become a new trend with Indian realtors. With the $15 billion realty sector in India booming at an annual growth of 35 percent and global players lining up investments worth some $10 billion, this industry has begun attracting international planners and architects.
So don’t be surprised if fancy realty project names like Orchard Country, Sun City, Malibu Towne, Espace Nirvana Country and Karma Lakelands also have some top international civil engineers and architects associated with them.
Read more @ International designs shape Indian construction projects –
Source: Thaindian News.
Reuters reports that Shifting China’s model of urbanization to favor huge supercities could boost per capita output, improve energy efficiency and help contain the loss of arable land, the McKinsey Global Institute (MGI) said on Monday.
Rapid urbanization has been a major driver of Chinese growth over the past two decades and will become more so over the next 20 years; cities will account for 95 percent of China’s gross domestic product by 2025, up from 75 percent today, MGI said.
But the institute, the economics research arm of consultants McKinsey & Co, said in a report that China could reap even greater economic benefits by adopting a more concentrated pattern of urban growth.
China urged to shift urban growth to supercities
THE HL23 tower, planned for a site on 23rd Street in Chelsea, is the kind of commission Neil Denari has being waiting for his entire working life. Mr. Denari, a Los Angeles architect who once ran the Southern California Institute of Architecture, has labored on the profession’s periphery for decades. But because of a recent demand for name-brand residential architecture in New York, he is finally getting a chance to test his ideas in the real world.
Read more at Skyline – Residential Buildings – New York – Architecture – New York Times.