September 2023 – Page 2 – Property World Global

Sep182023 by FWMNo Comments

Danube Properties Launch INR 5600 Crore Project Oceanz in Dubai Maritime City

World

Plans Roadshows across 5 Indian Cities to Attract more Indian Investments Mumbai, Maharashtra, India Sep 18, 2023 12:58 IST Riding high on strong investor demand from Indians, Danube Properties, the fastest-growing private real estate developer in the UAE, announced the launch of Oceanz in a star-studded event. Oceanz with a development value exceeding INR 5600 Crore – that once built at the Dubai Maritime City, will offer unlimited views of the magnificent Arabian Gulf and a new leisure and cruise tourism hub next to the historic Shindagha heritage village. One tower of the two Oceanz towers with 500+ units was sold out on the day of launch while the demand for tower two is going strong. With growing investment demands from Indians, Danube Properties aims to conduct roadshows and o...

Sep182023 by FWMNo Comments

Group 108 Makes a Mark at MAPIC India Event

News

Group 108 Makes a Mark at MAPIC India Event Delhi NCR, India Group 108, one of NCR’s leading real estate developers, participated in the prestigious MAPIC India event, leaving an indelible mark as one of the event's standout contributors with its unmatched commercial project “Grandthum”. The event, which brought together retailers, developers, speakers, industrialists, and other stakeholders from various segments, served as a platform for the exchange of innovative ideas, concepts, and plans for economic development. Group 108's presence at MAPIC India was a resounding success, with the company's participation contributing significantly to the event's overall success. The event provided an exceptional opportunity for Group 108 to showcase its expertise in the real estate secto...

Sep182023 by FWMNo Comments

Integrow Sees Great Potential in Bengaluru, Launches its Real Estate Focused Portfolio Management Service (PMS)

News

Bengaluru, Karnataka, India Sep 18, 2023 13:39 IST Integrow, the next-generation, tech-driven real estate investment platform, has announced the launch of its Portfolio Management Service (PMS). This comes as its third offering in the product portfolio after successfully launching its Real Estate focused Alternative Investment Funds (AIFs) through which it aims to empower investors by providing access to alternatives backed by institutional-grade residential and commercial real estate investments, revolutionizing the way individuals and institutions invest. The real estate focused PMS offers customized investment solutions designed to deliver superior risk adjusted naturally hedged returns aligned with individual goals and risk profiles. The real estate market in India has expe...

Sep162023 by FWMNo Comments

Regalo Kitchen Emerges as Top Modular Kitchen Brand at WASME World MSME Business Summit 2023

Architecture

New Delhi (India), September 16: Regalo Kitchen, a name synonymous with innovation and excellence in the modular kitchen industry, was honoured as "India's Best Modular Kitchen Company" at the prestigious World Association for Small and Medium Enterprises (WASME) World MSME Business Summit 2023, held on September 15th in Delhi. The coveted award was presented to Mr. Shiv Kumar, the founder of Regalo Kitchen, in recognition of the company's outstanding contributions to the Indian modular kitchen landscape. This significant achievement is expected to fuel Regalo Kitchen's ambitious expansion plans, particularly in North India. The company had previously announced its intention to open 15 new franchise outlets within the next 36 months, a fitting tribute to its 15th foundation day. Rega...

Sep142023 by FWMNo Comments

DISRUPTECH 2.0, India’s Biggest Proptech Challenge, by CBRE and NASSCOM, Draws Outstanding Response from Nearly 400 Startups Eyeing Entry to the Top League

News

In view of the overwhelming response, the entry submission deadline has been extended till 18th September New Delhi, India: Thursday, September 14, 2023 Bangalore, New Delhi and Mumbai collectively account for 53% of the total entries submitted so far Over 42% entries submitted in Fintech category, ESG & Made for India garnered 20% share each CBRE South Asia Pvt. Ltd., the leading real estate consulting firm in India, announced the deadline extension for the second edition of India’s biggest proptech challenge, ‘DISRUPTECH 2.0’, organized in partnership with NASSCOM. Given the overwhelming response to DISRUPTECH 2.0, the deadline for submission has been extended to 18th September 2023. DISRUPTECH 2.0 is witnessing an outstanding response, with participation from nearly...

Sep142023 by FWMNo Comments

Birla Estates Strengthens Foothold in Bengaluru with the Launch of Birla Trimaya Phase 1

News

Approx. INR 500 Cr Booking Value Estimated as Phase 1 Takes Off Bengaluru, Karnataka, India: Birla Estates Private Limited, the real estate arm of the Aditya Birla Group, has successfully launched Phase 1 of Birla Trimaya, Devanahalli. This initial phase has quickly gained the interest of homebuyers and investors. The project is expected to have a revenue potential of approximately INR 3000 Cr for the entire project, signifying its strong appeal to the target audience. Birla Trimaya is thoughtfully designed to cater to diverse needs and includes a range of 1, 2, and 3 BHK apartments and luxurious duplexes across 8 towers. Strategically located near the upcoming BIAL IT Investment Region, this project will attract a diverse range of individuals including high-net-worth and non-resid...

Sep132023 by FWMNo Comments

In India, leasing by BFSI players surge two-fold at about 7 million sq feet since 2020- Colliers

News

BFSI leasing bounced back in 2022 at 6.8 million sq feet, surpassing pre-pandemic levels. Share of BFSI in total leasing rose back to 15% in H1 2023 led by higher domestic demand. Mumbai led the leasing at 31% share, followed by Bengaluru at 24% share. GURGAON, 12 Sep, 2023 – Foundational shifts across the banking and finance sector are presently underway, with a transformative focus on digital, workforce and Environment, Social and Governance (ESG) priorities, according to Colliers. Having invested significantly in technology, people and workplaces, banking and finance companies today find themselves at an inflection point, Colliers experts have highlighted. Today, as banks and financial services firms rethink their future with Artificial Intelligence and next-gen technolog...

Sep132023 by FWMNo Comments

INGKA CENTRES AND LE MARCHE SIGN AGREEMENT TO OPEN NEW SUPERMARKET IN LYKLI GURUGRAM, INGKA CENTRES’ FIRST MEETING PLACE IN INDIA

Architecture, Business & Finance

Ingka Centres introduces a fresh addition to its India-first Lykli Gurugram meeting place. The ground floor will feature Le Marche, a supermarket with a unique to India concept, developed exclusively for Lykli Gurugram meeting place. Earlier this year, Ingka Centres confirmed PVR Limited will operate a nine-screen movie multiplex as a part of a leisure offer in a new meeting place. 12 September 2023: Ingka Centres and Le Marche have today announced the signing of the agreement for the supermarket to open on the ground floor of the Lykli meeting place in Gurugram. The new supermarket will offer a first-of-its-kind enhanced customer experience in its one-in-city format, occupying an area of 2,676 sqm. Le Marche has curated a unique to India grocery store concept, to be implemented exc...

Sep132023 by FWMNo Comments

Hyatt Regency Brand Expands Footprint with First Property in Panama

Architecture

Expected to open in summer 2024, Hyatt Regency Panama City will help Hyatt grow its brand in a bustling leisure and business travel market CHICAGO (September 12, 2023) – Hyatt Hotels Corporation (NYSE:H) in collaboration with Hotel Properties of Panama Inc., today announced the planned expansion of the Hyatt Regency brand in the Latin America & Caribbean region with Hyatt Regency Panama City, expected to open in summer 2024. Hyatt Regency Panama City will be the first Hyatt Regency hotel in Panama City and the third Hyatt hotel in Panama. Perfectly situated for business and leisure travelers, the hotel will be in the heart of Panama City’s business district, less than 10 miles from Tocumen International Airport, near the Multiplaza shopping mall and the new Amador Convention Center. ...

Sep122023 by FWMNo Comments

KOVA Debuts the First Non-Industrial AI-Powered HVAC System: KOVA Comfort Intelligent HVAC

Architecture, News

The Intelligent HVAC System Uses Behavioral, Environmental, and Unit-Specific Inputs to Revolutionize Comfort and Energy Efficiency September 12, 2023 01:00 PM Eastern Daylight Time AUSTIN, Texas--(BUSINESS WIRE)--Building material solutions leader KOVA launches KOVA Comfort Intelligent HVAC, an innovative, AI-powered HVAC system that seamlessly integrates into building projects creating healthier, more comfortable environments based on a variety of inputs, including users’ daily routines. Pushing beyond the current industry offerings of IoT and “smart” systems, KOVA Comfort leverages behavioral, environmental, and unit-specific occupancy inputs to learn, personalize, and optimize comfort and energy usage in each unique living environment. With a minimal footprint, sleek design, and ...