INDIAN NEWS & TIMES

Saturday, September 23, 2017

ACC Limited, India’s most preferred cement brand, is committed to the concept of sustainable construction and a greener environment in India.  In line with this commitment, ACC launched its Green Building Centre in Chandrapur, Maharashtra today. The centre was inaugurated by Gopika Tiwari, Cluster Head – West & Central India and Amit Mathur, Director – Sales West.  Danish Rashid, Head- Green Buildings Business, Anish Kundel, Sales Head – Nagpur and [...]

Categories: Real Estate

K Raheja Corp, one of India’s leading Real Estate conglomerates’ flagship commercial offering Mindspace (MMR), was honored at the very prestigious ‘2017 Sustainable Building Awards’ held in the United Kingdom. Known to be a preferred office address, the business park bagged awards in two categories, one for the ‘Most eco-conscious land acquisition specialist – India’, and the other for the ‘Best Commercial Complex Development.’ The BUILD Awards are a premiere credible international award, designed to [...]

Categories: Real Estate

Ved Infratech has launched their new project Ved Akshay in Mulund west. The promoter of Ved Infratech has been in the realty space from past two decades and has worked for many of the top notch names in the realty industry. In span of months, this is second budget housing project in Mumbai suburbs. Ved Akshay the new residential complex is centrally located with premium amenities like decorative entrance, club house, well equipped gymnasium, children [...]

Categories: Real Estate

Healthy surge in rentals across key business districts reinstated the growing prominence of Indian metros on the global map of high-rent yielding commercial spaces according to the Asia-Pacific Prime Office Rental Index for Q2 2017 by Knight Frank. The global price index that compares rental values of prime office spaces across 20 international markets rose by 1.2% in the quarter ending June 2017. Sustained interest from the IT/ITes sector pushed [...]

Categories: Real Estate

Indiabulls Housing Finance (IBHFL), one of the country’s leading housing finance players, has been included in the FTSE4Good Index – an index designed by FTSE Russell, a leading global index provider, wholly owned by London Stock Exchange Group. The inclusion reaffirms Indiabulls Housing Finance’s focus on environmental, social and governance (ESG) performance. Indiabulls Housing Finance is amongst only three housing finance companies from India to be included in this index. [...]

Categories: Real Estate

Embassy Group, India’s leading real estate developer announced the 4th Edition of their flagship event ‘Embassy Pedal for the Planet’ in Bangalore. The event is scheduled on Sunday, 10th September, 2017 at Embassy Springs which is open to all cycling and fitness enthusiasts, from various age groups. This green initiative is taken up by the Group to encourage a healthy cycling culture in the city and for a greener planet. [...]

Categories: Real Estate

Confederation of Real Estate Developers’ Associations of India (CREDAI) today requested the Prime Minister of India, Shri Narendra Modi, to intervene in a bid to facilitate the successful implementation of the Real Estate Regulation & Development Act (RERA) in the country. Having fully welcomed and supported the revolutionary law, CREDAI seeks more clarity on various aspects such as the definition of an ‘ongoing project’ and requests for expedition of processes from the state and central authorities. The lack of an appropriate infrastructure [...]

Categories: Real Estate

Nirvana Realty one of the leading developer in Maharashtra’s weekend home market has bagged the ‘The Best Luxury Developer of Weekend Homes in Maharashtra’ award at the 7th Edition of the Realty Summit and Award 2017. The Award function which took place in Mumbai saw delegates from across the Real Estate segment attend the award function. With overa decade of expertise in the second home markets and successful projects across [...]

Categories: Real Estate

CREDAI in association with its knowledge partner CBRE, today released a report “Indian Real Estate in 2017 and Beyond” at its 17th Annual International Convention, NATCON 2017 in London. The report encapsulates the major policy related disruptions by Government of India which are challenging the traditional operating environment by setting a new foundation for change. According to the report, a conjecture of measures – RERA, GST, REITs are aimed at [...]

Categories: Real Estate

Automation is redefining business roles and practices and, as a result, weare already starting to see a revolution in the way real estate industry works. The changes and developments are pointing to high growth rates and opportunities for the companies servicing in this space. To own a house can often be a tiresome process as it requires rigorous follow-ups with the sellers and developers which ends up demotivating the buyers. [...]

Categories: Real Estate

Sumedh Gaikwad, a social entrepreneur, is one such leader who is strongly committed to this cause and have been advocating economical weaker section of society on importance of affordable housing & Pradhan Mantri Awas Yojana– CLSS scheme. Gaikwad, the co-founder of Janata home & CII-YoungIndian has been chosen to represent India at the 9th Commonwealth Young Minister’s Meeting, Kampala – Uganda. The fundamental focus of this meeting is to encourage [...]

Categories: Real Estate

Knight Frank India today launched the seventh edition of its flagship half yearly report – India Real Estate. It presents a comprehensive analysis of the residential and office market performance of Pune for the period January – June 2017 (H1 2017). Speaking about the findings, Shantanu Mazumder, Director – Pune said, “In H1 2017, there was a dip in launches by 9% whereas sales increased by 11% compared to H1 2016. The [...]

Categories: Real Estate

CapitaLand’s wholly owned serviced residence business, TheAscott Limited (Ascott), is acquiring an additional 60% stake in Quest Apartment Hotels (Quest) for A$180 million (S$191 million). This will increase Ascott’s stake in Quest from its current 20% to 80%, propelling Ascott to become the largest serviced residence provder in Australasia. With 180 properties located in regional and metropolitan areas across Australia, New Zealand and Fiji, the acquisition will boost Ascott’s portfolio [...]

Categories: Real Estate

CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has recently appointed Mr. Ashwin Vijaysekar as the General Manager of Citadines OMR Chennai, Ascott’s second serviced residence in the city. Ashwin’s career in the hospitality industry spans almost one and a half decade with experience in senior management position, both in India and the Middle East. In his new role at Citadines OMR Chennai, he will be responsible [...]

Categories: Real Estate

Embassy Group, one of the leading property development firmhas been conferred with theResidential Development Indiaawardin the Indian category for Embassy Groveat theAsia Pacific International Property Awards for 2017-18 held at Bangkok recently. Embassy Group emerged as the worthy winnersamongst the best property developers competing in the category. Embassy Grove is an embodiment of passion of ethos and excellence which provides auniquely gracious lifestyle. It recreates the charm of Old Bangalore, [...]

Categories: Real Estate

At a time when homes in Mumbai are getting more and more unaffordable, comes a breath of fresh air. Right in the heart of this bustling city, is an oasis of peace and comfort. Luxurious homes that are grand like your dreams, and well priced to suit your pockets! UK Iridium, a magnificent dream by UK Realty, brings you a 3.5 acres property that you can now call home! Located [...]

Categories: Real Estate

Shapoorji Pallonji Real Estate, the realty division of the Shapoorji Pallonji Group, today announced the appointment of Mr. Keshav Pandey as their Chief Sales and Marketing Officer. Mr. Pandey is a seasoned professional in the real estate industry and joins Shapoorji Pallonji Real Estate as a strategic member of the team. In his new role, Keshav will be responsible for establishing a sharp marketing & brand vision for the business. [...]

Categories: Real Estate

Sprawling seashores, serene beauty and lush green nature have always attracted tourists to Konkan. But, of late, Konkan is coming up on a national map as a ‘Second Home Buying Destination’ and thousands of buyers from Thane, Mumbai and Pune have been queuing up to enquire and buy ‘Village Homes’ or ‘Second Homes’ in Konkan. To meet the increasing demand from buyers, Konkan’s first ever ‘Village Homes’ properties were introduced [...]

Categories: Real Estate

Zippserv, India’s first real estate risk assessment firm announced that they have closed their Seed Fund round of 2.5 Cr from undisclosed sources. Headquartered in Bengaluru, the company will be using these funds for their expansion beginning with Mumbai andPune in the coming months. For generations now, buying homes in India has been riddled with uncertainties and for most first-time home buyers the experience has been more exasperating rather than an [...]

Categories: Real Estate

Navi Mumbai is one of the largest planned and quickest growing townships, which has demonstrated a 25% growth in the last decade alone and is poised for further substantial growth. Connectivity, affordable price points, and good social infrastructure has led to an excellent trajectory for the market. Today, Navi Mumbai stands as a preferred destination for business across IT| ITeS and is soon emerging a favorite over other markets like Hyderabad, Bangalore, Pune, and Delhi. [...]

Categories: Real Estate