A Look Into Traffic

[Water Consumption]

A positive number can be expected only in the next financial year, says Siddhartha Sanyal In Q2, we enjoyed the benefits of a pent-up demand from a completely washed out first quarter as well as festival season demands. Whether incrementally, we get that much uptick in Q3 remains to be seen, says Siddhartha Sanyal , Chief Economist & Head-Research, Bandhan Bank . What do you think of the Q2 GDP numbers ? So you believe the worst is behind us? If you once see a minus 24%, anything would start looking better and that way, the worst is behind us. For this particular quarter, our expectation was around minus 10% and so a minus 7.5% is significantly better. Having said that, my worry remains that Q2 was the quarter where you enjoyed the benefits of a pent-up demand for a completely washed out Q1 as well as a bit of festival season demands. Whether incrementally, we get that much uptick in Q3 remains to be seen. Our number had been a double digit contraction in Q2 but a mid-single digit contraction in Q3. Now while there has been a very pleasant surprise in case of Q2, I am not more confident that incrementally Q3 numbers will be proportionately better.



FSM Promo thumbnail The project includes 27 residential units and 3,000 square feet of commercial or retail space. On the other side of the highway, just south of the recently opened new City Market, gas station and bank businesses, is the Main Street Marketplace, which ultimately will contain 115 residential units and 10,000 have a peek here square feet of retail or commercial space. This project has been mentioned as possibly being home to some of the “live-work” spaces referred to above. Also under construction are the second phase of the Thompson Park subdivision (27 homes), generally located on the west side of Highway 133 at the intersection of Wendt Boulevard and Lewie’s Lane, just south of the Ross Montessori School; and the Red Hill Lofts, 30 residential condos along Dolores Way in the Kay PUD on the north side of town, adjacent to the Rio Grande Trail bicycle and pedestrian corridor. A fifth residential facility, the Sopris Lodge senior living center (73 units), perched along Rio Grande Avenue, east of Town Hall along the Rio Grande Trail, is nearing completion. Several other projects are working their ways through the Town’s review process, starting with the Eastwood LLC self-storage facility at the northern end of town. When finished, it will create more than 73,000 square feet of storage space, plus an apartment for an on-site manager. The project is on a two-acre parcel of land tucked between a tire store and an electric utility power substation. Others still undergoing review include the Carbondale Center Place, a mixed-use redevelopment of the Sopris Shopping Center and storage units situated at the intersection of the highway and Colorado Avenue (76 residential units, 10,000 square feet of commercial and 68,000 square feet of storage); a planned new bakery in a redeveloped historic home at 234 East Main St.; and a new lumberyard, Builders FirstSource, on Lot 5 of the Carbondale Marketplace site along Highway 133.