Architecture is an efficient tool to kindle a spark of economic growth
Since the world is reeling under a global crisis caused by the COVID-19 pandemic, architecture is an efficient tool to kindle a spark of economic growth:
As we crawl into the second decade of the 21st century, many parts of the world are experiencing an economic catastrophe. It is crucial to understand and comprehend that architecture is a powerful visual and objective tool that influences the economy of a region. Architecture is beyond artistic prudence. Itis a fundamental part of a bigger system – an element of the process of economic development, technological progress, and social change. It evokes unpredictable changes and processes, that only time could tell.
Since the world is reeling under a global crisis caused by the COVID-19pandemic, architecture is an efficient tool to kindle a spark of economic growth. The urban environment is a result of current economic circumstances. Due to the enormous pressure of the growing population, the value of land as a commodity is sky-rocketing. Any kind of development taking place on a beneficial piece of land carries extra responsibility for augmenting the economic potential of that land. As a result, architecture can be a useful tool for economic growth in a region.
The Pandemic will definitely have a huge impact on the design industry. In fact, the impact was evident in the industry even before the complete lockdown was announced. Numerous people that were a part of the workforce had been laid out initially compelling them to move back to their native places.
“Overall the industry is anticipated to undergo a rough patch over a couple of upcoming months after the revival of the shutdown.”
But looking at the bright side, We affirm that once the situation normalizes the industry will eventually reinvigorate over a period of time. Although the renovation projects may take some additional time as the capital for the venture depends on the ongoing operational profits but the greenfield projects will persist as it is as the investments are envisaged for them long ago.
Like many big corporates, We from the RASME team feel very proud to say we have contributed towards the mission of the Nation. We had the opportunity to be impactful in helping the Needy in this situation and as well the GROUNDLEVEL WORKFORCE who are our major strength in our Growth Journeythroughout through the Decade.
Now there are relaxations in the norms, we are witnessing a major impact in the real estate industry since the Ground Level workforce is moving out of the cities. We are fortunate enough to keep the Morale of our Workforce intact due to which they have shown braveness to continue with us and our journey.
We take this opportunity to thank all those people (DOCTORS, POLICE, MUNICIPAL WORKERS, STATE & CENTRAL OFFICERS, etc) who have worked day & night to keep the pandemic in control. WE ALSO TAKE THIS OPPORTUNITY to thank the braveness of our RASME entire TEAM including our Ground Force who has extended their support to stay with us in spite of the nervous psychological behavior and We will certainly vouch to provide them all necessary basic amenities, safety, healthy environment in the workplace.
This is a small step from us in building back a Strong Economy that INIDAcan flourishes in the near coming years.
MADHUSUDHAN NAGAR
DIRECTOR
RASME ENGINEERING PVT. LTD.