Business
Changing Landscape Of MSME Financing In India
One of the top priorities of the Indian economy is the transformation of the MSME sector. MSMEs across the country contribute towards the GDP, exports, and employment. It is expected that the sector will drive significant growth of the economy in the coming years. MSMEs have the potential to become a huge source of employment but the lack of access to funds is a huge roadblock for MSMEs to grow. A lot of companies do not have funds on hand and have to face a lot of trouble due to the same. However, the situation is changing and lenders are willing to offer a MSME loan. Let’s take a look at the changing landscape of MSME financing in India.
Fintech will boost MSMEs
There is a huge increase in the number of fintech companies in the country. They are emerging as a one-stop solution for the financial requirements of entrepreneurs and it will boost MSMEs. The innovations in technology have led to a transformation of the entire financial services sector. Plus, social media and tracing behavioral information have also helped in meeting the needs of SMEs in India. There are several online lending players and they offer unique loan products to MSMEs.
- Unique financial products
Due to limited choices in debt financing alternatives for MSMEs, business owners are not able to take advantage of the economic opportunities. However, we do see some unique financial products that are designed to support MSMEs. To achieve this, it is essential to increase the digital awareness in the MSMEs and to make the process seamless and streamlined. Lenders are offering products that are specially designed to align with the needs of MSMEs and they are different from the traditional business loans. This gives the business owners a chance to borrow at friendly terms and conditions.
- Credit rating
We will see encouragement in the credit rating for MSMEs. It will allow the flow of credit to MSMEs which will lead to a better comfort level for the lenders. Banks consider the rating earnestly when assessing the interest rate for lending. A lot of MSMEs do not know of the credit rating which makes it even more important to drive awareness. It is essential to create an atmosphere where innovation in the sector is at the forefront. The Government has already placed a lot of enablers that encourage digital lending across the country. This includes e-KYC, bank licenses, and e-signatures. They will help create an encouraging environment for MSMEs.
Lenders in the space have changed the way MSMEs borrow funds. They have made the process quick, seamless, and hassle-free. No MSME will have to go through the tedious documentation or the arduous process of borrowing. There are various non-traditional options that can meet your need of funds. MSME loan is a popular option and it is designed to keep the business at the forefront. The loan comes with a low-interest rate and has flexible repayment tenure, making it the preferred choice of most business owners in the country.
Business
DLF Plaza Tower, Sector 26A, Gurugram: Opening Timing, Location and Connectivity
DLF Plaza Tower, located in Sector 26A, Gurugram, is a well-known commercial development developed through DLF Limited. Strategically located near Golf Course Road and Gurgaon-Faridabad Road, this modern tower gives businesses unbeatable connectivity and an array of modern facilities.
Project Overview
DLF Plaza Tower is a 12-story structure that has three basements and a ground floor. It also has mezzanine floors, and eleven upper floors. The built-up area total is approximately 212,530 square feet with each floor providing approximately 16348 square feet of floor space. It was completed in 1998. tower was designed to accommodate the demands of modern businesses.
Facilities and Services
The tower is fitted with a variety of amenities to create an enjoyable and productive work environment.
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Power Backup Complete power backup for uninterrupted operation.
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Air Conditioning Air conditioning centralized to ensure optimal temperature control.
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Security 24-hour CCTV security and personnel for ensure an environment that is secure.
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Security for Fire: Advanced fire detection alarm, suppression, and detection systems that comply the NFPA standards.
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Connection: Fibre optic and Wi-Fi connectivity are designed to meet the needs of the needs of modern communication.
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Parking Plenty of parking spaces is available to tenants and visitors.
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Rooftop Club: Exclusive rooftop club with a fitness center as well as a swimming pool exclusively reserved for tenants.
Project Details
| Detail | Information |
|---|---|
| Location | DLF Qutub Enclave, B-2/4, Block B, Sector 26A, Gurugram, Haryana 122002 |
| Total Floors | 3 Basements + Ground + Mezzanine + 11 Floors |
| Total Area | About the size of 212,530 square. ft. |
| Per Floor Area | Around 16,348 sq. ft. |
| The Year that Completion Was Completed | 1998 |
| Developer | DLF Limited |
Connectivity and Location
DLF Plaza Tower boasts excellent connectivity:
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Principal Roads The proximity of Golf Course Road and Gurgaon-Faridabad Road provides an easy access to all areas of Gurugram and the surrounding cities.
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Metro Access Metro Access is located near the DLF Phase One metro station will enhance the options for commuters to use public transportation.
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Facilities: The surrounding area is filled with excellent hotels, restaurants and shops offering convenience to professionals.
The pros and cons based on Reviews
The feedback from visitors and occupants provides the following information:
Pros:
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Contemporary Infrastructure Its modern layout and top-of-the-line facilities meet the demands of today’s businesses.
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Strategic Position: Its position offers access to a thriving economic ecosystem as well as connections to important areas.
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Exclusive Amenities Rooftop club, which includes gym and a pool adds value to tenants.
Cons:
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Age of the Building: Completed in 1998 Certain aspects could require updating to ensure they be in line with current standards.
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Parking Constraints At peak times parking could become congested which can pose a challenge for guests and tenants.
In short, DLF Plaza Tower in Sector 26A, Gurugram, offers a mix of strategic locations as well as modern amenities and a lively surrounding that makes it an appealing option for businesses looking for an enviable address in the area.
Business
Royal Tower Shipra Suncity Indirapuram, Ghaziabad, Uttar Pradesh: Opening time, Location and Accessibility
Shipra Royal Tower, situated in the sprawling Shipra Suncity located in Indirapuram, Ghaziabad, Uttar Pradesh is a renowned residential project developed through Shipra Group. Shipra Group. This project that is ready for occupancy is a perfect blend of modern amenities and a strategic place of residence, that caters to the demands of modern urban residents.
Project Overview
Shipra Royal Tower comprises a single tower that has 9 floors that house the residents in 168 units. The units are available in 3 and 2 BHK designs, with built-up areas of 780 square feet to 1630 sq ft. The construction was completed and available to be occupied in May 2008.
Facilities and Services
The complex has a wide range of amenities that are designed to improve the lives of the residents of the complex:
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Power Backup ensures that all devices have uninterrupted power supply.
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Security Services Security personnel on 24/7 and monitoring systems to ensure resident security.
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recreation facilities: It includes a pool for swimming, gym and gardens that are landscaped to enjoy fitness and leisure.
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Clubhouse An area specifically designed for gatherings, social gatherings and community events.
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Sport Facilities Facilities for outdoor as well as indoor games that promote an active life style.
Project Details
| Detail | Information |
|---|---|
| Location | Shipra Royal Tower, Shipra Suncity, Indirapuram, Ghaziabad, Uttar Pradesh 201014 |
| Configuration | Two BHK as well as 3 BHK Apartments |
| Size Range | 780 – 1,630 sq. ft. |
| Price Range | Rs54.60 Lakh – Rs1.14 Crore |
| Possession Date | Mai 2008 (Ready to move) |
| Developer | Shipra Group |
Accessibility and Location
Shipra Royal Tower is strategically situated in Indirapuram It has great connectivity to the various regions of National Capital Region (NCR):
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Metro Access It is the Noida Electronic City Metro Station is the closest station to metro that allows for easy commutes.
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Road connectivity: The proximity to the major highways like Link Road Mohan Nagar Noida, Sucheta Kriplani Marg, and Hindon Cut Road enhances accessibility.
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Education Institutions A number of prestigious colleges and universities are situated nearby that cater to the academic requirements of the residents.
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Hospitals: The most renowned hospitals can be found located close by, offering rapid medical aid.
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entertainment and shopping The region has a variety of dining establishments, shopping malls and entertainment venues with plenty of options for entertainment activities.
Advantages as well as Cons based on Resident feedback
The opinions of residents and online reviews focus on these aspects:
Pros:
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Strategic Site: Residents appreciate the area of the project, as it provides an easy access to the essential services and major routes of transit.
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Complete Amenities: The accessibility of many amenities in the complex improves the standard of living.
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Community Living A presence in an outdoor clubhouse and facilities for recreation encourages a sense o of community for residents.
Cons:
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Ageing infrastructure: The project’s completion was in 2008 some residents have complained about the necessity for maintenance and upgrades in particular areas.
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Parking Constraints Parking space is limited and has been a problem to some people, in particular in peak times.
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water supply issues Sometimes, interruptions in supplies of drinking water are observed and have forced the use of alternative sources in some instances.
In the end, Shipra Royal Tower offers an ideal blend of comfort as well as convenience and living in one of Ghaziabad’s most most sought-after areas. Although it offers many benefits however, addressing the issues will further enhance the resident living experience.
Business
Prestige Lexington Tower, Palya, Bengaluru: Operating Hours, Address and Contact Information
Prestige Lexington Towers is a well-known commercial office space that was developed in the name of Prestige Constructions, situated in the SG Palya locality of Bengaluru. The project is located close to Hosur Road, offering excellent connectivity to other parts of the city.
Project Overview
The structure is comprised of a constructed area of around 182,018 square foot, spread between two basements and a ground floor and eight floors up. Each floor is a vast space of approximately 23.51 square feet, which is ample space for a variety of commercial operations. The property has in-house parking which makes it convenient for guests and occupants.
Facilities and Services
Prestige Lexington Towers is equipped with a variety of modern facilities specifically designed to meet the requirements of modern businesses:
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Security 24×7: Comprehensive security measures such as CCTV surveillance guarantee a secure working environment.
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Power Backup Continuous power source to ensure business continuity.
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Elevators Lifts with high-speed speeds facilitate efficient movement within buildings.
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Park for Visitors: Parking spaces specifically reserved for clients and guests.
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Emergency Firefighting Equipment Modern systems are in use to manage emergencies.
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BMS: Building Management System (BMS): integrated systems to optimize construction operations.
These facilities are designed to create an environment that is safe and comfortable for companies operating in the tower.
Operating Hours
The typical working hours for companies within Prestige Lexington Towers are typically between 9:00 AM and 6:45 PM, Monday to Friday. However, the exact timings could differ based on the individual tenant’s operations and the policies of management.
address and contact information
| Detail | Information |
|---|---|
| Address | No.66, Lexington Towers, Tavarekere Main Road, S.G. Palya, Koramangala, Bangalore, Karnataka 560029 |
| Contact Number | +91 80 4411 0000 |
| Website | N/A |
Closeby Areas, Accessibility and Nearby Zones
Prestige Lexington Towers enjoys a great location and has excellent connectivity:
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Higher Education institutions: Close proximity to famous institutions like Christ University and St. John’s Medical College.
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Health Facilities Close by hospitals are St. John’s Hospital and Sagar Hospitals.
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Shopping and dining: Close to shopping centers such as The Forum Mall and a range of cafes and restaurants in Koramangala.
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Transport: It is well connected to main roads, such as Hosur Road and the Outer Ring Road as well as an easy access to public transport.
The ideal location makes sure that businesses are able to access important services and amenities which makes it easier for clients and employees alike.
Review: Pros and Cons as reported by Reviews
Feedback from visitors and occupants can provide valuable insight into the overall experience at Prestige Lexington Towers:
Pros:
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Strategic location: The tower’s location is well-connected to major areas in Bengaluru which makes it ideal to conduct business from.
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Modern amenities: The building is equipped with modern amenities which meet the requirements of modern companies.
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Large Design Floor plates that are large allow for a variety of business configurations.
Cons:
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Traffic Congestion At times of peak traffic nearby areas could encounter traffic congestion, affecting commute time.
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Car Parking Restrictions: While in-house parking is available, parking spaces could be limited during busy times.
In short, Prestige Lexington Towers offers an ideal blend of strategic location with modern amenities and a spacious layout which makes it an attractive choice for businesses looking to lease offices in Bengaluru. The resolution of the issues mentioned will make the experience more enjoyable for the tenants.
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