4 Handy tips for a safe and profitable commercial real estate investment

Purchasing a commercial property seems to be quite a challenging task because there are a lot of ‘so called’ risks involved in such an investment. However, this cannot be farther from the truth. An investment in a commercial space actually has more benefits than risks. And this statement holds even truer if you are investing in a commercial property in Navi Mumbai. It is extremely safe and highly profitable. This, however, would be possible if you adhere to certain tips and tricks before you make the investment. So without any further ado, here are the 4 most important tips that would ensure that your commercial real estate investment in Navi Mumbai stays safe and becomes profitable.

1. Review the locality

First things first, you must review the locality that you are planning to invest in so that you can understand the market’s behaviour. This step is extremely important as every market has its fair share of pros and cons pertaining to tax values, land inventory, environmental issues, etc. Don’t refrain from getting in touch with the local municipal authority to seek guidance for the same because they will be best placed to give you information about this. They could also inform you about current issues and developments that are planned for the locality.

2. Keep the money ready

It is a bit difficult to find a property that doesn’t stress your budget. However, if you plan to purchase commercial office spaces in Nerul then you have little to worry about in this regard. Vishwa Green Realtors’ Plan S in Nerul is one commercial property that is not only designed futuristically with all amenities in place but also fits in your budget. However, it is still necessary that you arrange for the finances beforehand. If you are planning to purchase the property by taking a loan, the bank would usually approve a substantial amount that may run up to about 70 percent of the property’s value. But you would still be required to arrange for the remaining 30 percent. Make sure you arrange for the money well in advance or else you might lose out on the property you are interested in.

3. Check the layout

Before you decide to take the plunge and invest in a commercial space for sale, it is imperative that you have a look at the layout of the space and also at layouts of the entire complex or building. This step would give you a fair idea of the location, the attractiveness, the utility, and the accurate usable area of the office space and the building that have garnered your attention.

4. Choose the right builder

Lastly, and most importantly, always remember that investments in a commercial property in Nerul, Turbhe, or anywhere in Navi Mumbai (or in India for that matter), cost a lot of money. So it would be advisable that you purchase an office space only from builders and developers that have a record of delivering quality work. You must absolutely go for reputed developers who have experience in designing and constructing commercial properties because it is different from designing residential properties. One such developer is Vishwa Green Realtors. They have accumulated years and years of experience in designing and constructing high quality, technologically advanced commercial properties in Navi Mumbai. 

Also, Read - How to maximize the rent from a commercial property?

With these 4 tips, your commercial real estate investment would most likely be safe and profitable; provided that you follow them! Thank us later!

The difference between flux cored wires and solid wires

Have you ever wondered what are the differences between flux cored wires and solid wires? How different they are from each other and what applications do they serve? Is one of them better than the other? What are the perks and drawbacks of using flux cored wires and solid wires? Who are some of the best flux cored suppliers in India? If you have, then you must absolutely read this blog because the answers to all these questions are provided in this blog.

Flux cored wire electrodes

Basically, there are 2 main types of flux cored wires made by flux cored wire manufacturer in India - the gas shielded variant and the self shielded variant. As is evident from their names, the gas shielded variety needs an external shielding gas while the self shielding variant does not.

On the gas shielded type of flux cored wires, the flux coating solidifies quicker than molten weld material. As a result of this, a shelf like structure is created. This shelf holds the molten pool when you weld overhead or vertically upwards. When you need to weld thicker materials, gas shielded wires work very well. As slag removal is easier with a gas shielded flux cored wire, it also works very well if you want to weld out-of-position applications.

Self shielded wires don’t require external shielding gases. When the flux is burned, a gas is generated which protects the weld pool. As self shielded flux cored wires create their own protective shield and have no requirement of a gas tank, it is easily carried about.

Benefits of flux cored wires

Flux cored wire suppliers have laid out the following advantages and disadvantages of using them:

• Flux cored wires permit a high deposition rate
• They work very well in windy conditions which makes them suitable for outdoor welds
• If you use the right filler materials, flux cored wire electrodes make flux cored arc welding an ‘all-position’ process
• They usually create very clean and strong welds.

Disadvantages of flux cored wires

• In case the electrode gets in contact with the base metal, it could fuse them together and create a melted contact tip
• The weld may become porous if the gas fails to escape the welded area before the hardening of the metal

Solid wire electrodes

The main application of solid wire electrodes is in MIG (metal inert gas) welding. Such type of electrodes need shielding gas and this gas is delivered to them via a pressurized gas bottle. The gas provides protection to the molten weld pool from potential contamination from the atmosphere. These electrodes are usually made out of copper-plated mild steel in order to prevent oxidation and to assist electrical conductivity. Besides this, the copper plate also enhances the longevity of the welding contact tip.

Advantages and disadvantages of solid wires

When you are working on thin materials like, say, sheet metal, solid wires produce nice and clean welds which makes them the best choice for such applications.

Solid wires, however, are not very useful in windy conditions because if the shielding gas is exposed to the wind then it may affect the weld integrity. This makes them unsuitable for outdoor welding jobs and restricts their utility.

Also, Read - An introduction to welding consumables

Which wire is better?
No wire is better than the other objectively. It all depends on the type of weld desired and the location. When executed correctly, both types of wires would give you a sound well along with a good weld bead appearance.

Flux cored wires, according to flux cored wire manufacturers and suppliers in India, are ideal for outdoor jobs and for welding thick metals. Solid wires, on the other hand, are most suited for indoor or unwindy locations and for thin metals. The solid wires utilized in MIG welding aren’t as portable as their flux cored counterparts.

Both types of wires have their own applications and utility. What matters more is where you buy them from. Diffusion Engineering are one of India’s leading flux cored wire manufacturers and suppliers, welding consumables manufacturers and suppliers, welding electrodes manufacturers and suppliers in India, and wear plates manufacturers in India. To achieve the best welds, you must buy your materials from the best manufacturers and suppliers. So choose your supplier wisely!

The 3 greatest challenges involved in IoT solution development

The advent of IoT has transformed the way in which modern companies, especially manufacturers, conduct their business. Manufacturers are now integrating their traditional, physical product offerings with backend services based on and supported by the internet. For example, the best VFD manufacturers in India, SCADA system manufacturers in India, and even Industrial metal detectors suppliers in India, such as Indexel Engineering Pvt Ltd, are moving in that direction. New entrants in the market have no other option but to come equipped with a range of IoT based offerings if they wish to make a place for themselves in the market. 

Even though the picture looks rosy for manufacturers who have taken to the IoT, it isn’t exactly a bed of roses. With every innovation, come a handful of its own, specific challenges, and things are no different with IoT solution development. There are a plethora of challenges facing IoT solution developers. Here are 3 of the biggest and most urgent among them all.

#1 Developing customizable IoT solutions

Even though IoT solutions and applications are rooted in individual IoT projects, it is only a matter of time before these solutions become pre-packaged or standardized. IoT solution vendors have already begun to develop standard IoT solutions, which are then sold in different markets and to multiple customers. We have already observed a similar pattern in ERP, CRM, PLM, and various other packaged applications. 

However, even while manufacturers are moving towards standardization, the consumers are not exactly following suit. They are demanding customizable IoT solutions that could fulfill their requirements and satisfy their business-specific needs. Customization, in fact, is the need of the hour. But why exactly? The reason is simple - every customer has varying requirements for process integration. For instance, different customers may take different routes for solving a problem which occurs during a particular tightening step. Besides, customers may also require different tools that need to be integrated. Hence, standardized solutions are not long term options for IoT solutions. Customizable, made-to-order solutions are!

What acts as a hurdle in the move towards customization is the lack of hardware knowledge that developers possess. Most developers are software engineers which in a way limits their exposure to hardware-related knowledge. And IoT essentially deals with connecting devices, i.e. hardware.

#2 Building IoT solutions at a rapid pace

The ‘need for speed’ has spread to every business, every service, every innovation, and pretty much every single thing in the modern world. For a space that is expanding its base as rapidly as IoT solutions are, it shouldn’t come as a surprise that this ‘need for speed’ is escalating pretty rapidly in IoT solutions development. 

IoT projects are both revolutionary and evolutionary in nature. As a result, most of them need applications that could be developed as well as modified rapidly and flexibly. This fact becomes even more relevant for projects that are still in their early, or rather, exploratory stages because requirements could very well change during the later, and more mature stages.

Also, certain IoT applications have pretty high and rigid requirements pertaining to the data value, the performance, as well as algorithmic complexity. These may take time to construct but the client may be in a hurry to launch their product and would hence require the IoT solution provider to come up with the solution as quickly as possible.

#3 Effective management of heterogeneity in IoT product portfolio

A lot of product vendors are planning to introduce a variety of new services like predictive maintenance, usage-oriented billing, etc by leveraging device connectivity as well as cloud-based applications. However, they struggle to manage their IoT product portfolio’s heterogeneity. 

The ever-increasing levels of heterogeneity could be attributed to 3 factors - a vast number of product categories, numerous product versions, and the perennial evolution of each individual product. This combination makes it extremely difficult for IoT vendors to expand their range of services. But they know that if they want to sustain themselves in this business, then they have to find a way through this problem.

These 3 challenges need to be given their due importance and dealt with on a priority basis. There is still a lot of time and scope for IoT solution providers to come up with answers before the customers become impatient. Industrial automation systems, in particular, need to be optimized for dealing with these challenges. And considering how rapidly this space has progressed, you shouldn’t be surprised if the solutions are found sooner rather than later!

For more information visit - https://ieepl.com/Indexel/