Wednesday, July 17News That Matters

Month: September 2023

CII and Confederation of Danish Industry Visit Truflo by Hindware Sustainable Manufacturing Practices for Knowledge Exchange

CII and Confederation of Danish Industry Visit Truflo by Hindware Sustainable Manufacturing Practices for Knowledge Exchange

Architecture, News
29/09/2023  Hyderabad, Telangana, India – Business Wire India Truflo by Hindware, the fastest-growing plastic pipes & fittings company in India had the exclusive opportunity to host Confederation of Indian Industry (CII) and the Confederation of Danish Industry at its state-of-the-art manufacturing plant in Hyderabad. The visit was aimed at studying Truflo's pioneering green and sustainable initiatives. During the visit, the delegates were given a comprehensive tour of the manufacturing plant, allowing them to witness first-hand the cutting-edge technologies and processes that have driven Truflo to achieve the prestigious triple accreditation: the GreenPro Ecolabel, Green Factory Platinum, and GreenCo Platinum, all of which recognize the company's unwavering commitment to sustainabl...
South cities contribute almost 60% of the 38 msf office demand in YTD 2023

South cities contribute almost 60% of the 38 msf office demand in YTD 2023

News
YTD 2023 witnessed 38 mn sq ft of gross absorption, almost at par with 2022 levels  Bengaluru and Delhi NCR drove demand with about 50% share in gross leasing  Demand more broad-based across sectors - Technology sector dominant at 25% share, Flex, Engg & Manufacturing, BFSI share at 15-20% each  Domestic players driving office demand amidst global economic volatility  Vacancy and rentals remained rangebound led by steady supply and demand  Gurgaon, India, 29 September 2023: The first three quarters of 2023 recorded 38 mn sq ft of gross absorption across top 6 cities, almost equivalent to the gross absorption of corresponding period in 2022; signaling sturdy momentum, despite ongoing global volatility. Bengaluru and Delhi NCR led the demand during Q1-Q3 2023, accounti...
Godrej Properties commissioned report ‘Waste Matters’.

Godrej Properties commissioned report ‘Waste Matters’.

Architecture, Technology
A handbook on better management of construction waste for Real Estate in India, calls for collaborative action across the ecosystem Waste measured across 4,536 data points,141 materials identified across 19 core construction material categories Concrete and gypsum, are the top two contributors to construction waste MUMBAI, India, Sept. 29, 2023 /PRNewswire/ -- Godrej Properties, India's leading real estate developer, commissioned NGO partner Feedback Foundation to understand the quantum, composition, and distribution of waste generated at every stage of construction. 'Waste Matters' highlights the lack of reliable data on waste generation within the sector as one of the biggest challenges that inhibit sustainable construction waste management and underscores the urgent need to s...
Arkade Developers Ltd. Acquires 3 Acre Land Parcel at Bhandup West from Copper Rollers Pvt. Ltd. for Composite Value of Rs. 103.88 Crores

Arkade Developers Ltd. Acquires 3 Acre Land Parcel at Bhandup West from Copper Rollers Pvt. Ltd. for Composite Value of Rs. 103.88 Crores

News
Sep 29, 2023 13:12 ISTMumbai, Maharashtra, India Arkade Developers Ltd. (formerly known as Arkade Developers Pvt. Ltd.) (Arkade) has completed the acquisition of approx. 3 Acre industrial plot in Eastern suburb of Bhandup West from M/s Copper Rollers Pvt. Ltd. Arkade Developers buys Three-acre industrial land in Bhandup for Rs. 104 crore We have perused the document pertaining to registration of conveyance deed done at Vikhroli on 26th September 2023. The composite deal value amounts to Rs. 103.88 which includes Transaction Value of Rs. 98 Crore plus Stamp duty of Rs. 5.88 Crore. The document “Conveyance deed" indicates that the possession is duly handed over to Arkade and entire consideration has been received by the seller/s. Arkade had acquired land parcel in Mulun...
India’s Sustainable Coffee Growth Opens Doors to the Global Market

India’s Sustainable Coffee Growth Opens Doors to the Global Market

News
5th World Coffee Conference 2023 concludes on a high note: India is world’s most sustainable coffee producer. World looks to India to practice sustainable ways to produce coffee say experts.  5th World Coffee Conference & Expo comes to an end with participation from 80 countries, including 2609 delegates, 323 International delegates, 253 exhibitors, 13,947 business visitors and 347 B2B meetings.  The four-day conference witnessed deliberations over some interesting topics like on the livelihood of farmers, need for shift from linear to circular economy, the success of the future of the coffee industry, mitigation strategies for crop losses, coffee culture in India among the youth, improving efficiency and productivity of farmers with data & technology, business opportu...

Real Estate sector undergoing transformation with Tier 2 cities becoming emerging favorite : Anil Saraf

News
Indian real estate sector has demonstrated remarkable resilience despite a global economic slowdown: Anshuman Magazine  India is a bright spot in shaky global real estate market : Sanjeev Dasgupta New Delhi  28 September 2023 Real Estate sector undergoing transformation with Tier 2 cities becoming an emerging favorite said by Mr Anil Saraf, Chairman, CII NR Committee on Real Estate and CMD, ASF Group at CII Realty conference held today in Delhi. He mentioned that Digital Transformation in the Real Estate Sector has evolved as a necessity and is playing a vital role in the buying, selling, and renting. He added that Logistics Real Estate in the face of the rise stands at the center of a constantly changing system. In his Address Mr Anshuman Magazine, Past Chairman, CII (Northern...
Rapid Innovation, Increased Funding for Research and Scientific Collaboration Could Mitigate Impact of Climate Change on the Coffee Sector

Rapid Innovation, Increased Funding for Research and Scientific Collaboration Could Mitigate Impact of Climate Change on the Coffee Sector

Home Improvement, News
Breeding climate resilient variants of the coffee bean is a key solution: Salvador Urrutia Loucel, Latin American Director, World Coffee Research The industry needs to adapt, change, or relocate. Alternate climate resilient coffee species being studied: Dr. Aaron Davis, Kew Gardens (UK), Farmers in India who experience crop loss due to wild animals, drought, forest fires are not adequately compensated for their losses: Prof. Sunil Nautiyal, Director, GB Pant National Institute of Himalayan Environment (NIHE) GenZ and millennials in particular are driving the coffee culture in India: Kailash Natani, MD, Sucafina Coffee is the world’s second most traded commodity after oil. Its production supports 25 million families and yet producers find it hard to make a return on their ma...
Vintage Cars Make a Pit Stop at CRED’s Office

Vintage Cars Make a Pit Stop at CRED’s Office

Architecture
Vintage Cars Make a Pit Stop at CRED's Office Wednesday, September 27, 2023 5:23PM IST (11:53AM GMT) Bengaluru, Karnataka, India:  Bengaluru, a city that continually shifts gears, has been buzzing at the sight of a fleet of vintage cars parked outside the headquarters of the fintech startup. It’s no secret that the city has a vibrant car culture, where smartphone cameras eagerly come to life at the mere sighting of a Porsche cruising down the street. One couldn't have missed the 1961 Jaguar E-type - a flat floor roadster with a 3.8L engine or the 1966 Mustang, a first-generation Mustang with a V8 engine, parked outside CRED’s Indiranagar HQ. BMW Z4 & 650i, Mustang GTR, Lamborghini Gallardo and Porsche Panamera raced on the streets of Mumbai. Netizens across Twitter ...
Previewing the Road to the 5th World Coffee Conference 2023:  A Sneak Peek into the Preparation

Previewing the Road to the 5th World Coffee Conference 2023: A Sneak Peek into the Preparation

World
The first-ever four-day coffee event in Asia, 5th World Coffee Conference is spanned across 30,000 sqm and participation expected from over 80 countries, including 2,400+ Delegates, 117 Speakers, 208 Exhibitors, and over 10,000 visitors • The event is scheduled to be inaugurated on September 25th by  Piyush Goyal,  Minister of Commerce and Industry, Govt. of India along with other dignitaries • Speakers and members of the coffee community will engage in discussions centered around the theme of "Sustainability through Circular Economy and Regenerative Agriculture." Bengaluru, 23rd September 2023 : International Coffee Organization (ICO), in collaboration with the Coffee Board of India, Ministry of Commerce and Industry, Government of India, Government of Karnataka, and the Cof...
UBS Global Real Estate Bubble Index 2023: Deflating bubbles

UBS Global Real Estate Bubble Index 2023: Deflating bubbles

News, World
Zurich 20 Sep 2023, 10:00 CEST According to this year’s edition of the UBS Global Real Estate Bubble Index, imbalances in housing markets declined sharply. Only Zurich and Tokyo remain in the housing bubble risk category. For the study, UBS analyzed residential property prices in 25 major cities around the world. From mid-2022 to mid-2023, real house prices in the cities fell by 5% on average. More downside in prices is likely. Zurich, 20 September 2023 – The global surge in inflation and interest rates over the past two years has led to a sharp decline in imbalances in the housing markets of global financial centers on average, according to the UBS Global Real Estate Bubble Index 2023. In this year’s edition, only two cities – Zurich and Tok...