Thursday, November 21News That Matters

Month: November 2023

MagickHome Launches India’s First Omnichannel Interior and Furniture Brand in Chennai

MagickHome Launches India’s First Omnichannel Interior and Furniture Brand in Chennai

Architecture, Home Improvement, News
02/11/2023 Chennai, Tamil Nadu, India MagickHome, North America’s leading modular interiors brand launches its first India hub in Anna Nagar, Chennai. The brand focuses on the promise to deliver unrivalled design solutions and products that resonate with today’s urban living standards. The hub was inaugurated by acclaimed actress Ms. Tamannaah Bhatia on Saturday, October 28th. With 30 years of industry experience in North America, MagickHome is a global brand that offers an omnichannel, one-stop shop for all your home interior and furniture needs. MagickHome brings globally acclaimed and award-winning designs for home interiors, including modular kitchens, bedrooms, bathrooms, and furniture. One can buy their curated, world-class products from their hub in Chennai, its e-commerc...
Festive push to residential real estate momentum of 2023

Festive push to residential real estate momentum of 2023

Business & Finance, World
Last quarter invariably witnesses more than one-third of housing sales Homebuying in India fundamentally remains an emotive concept Repo rate movements affect individual preferences more than industry-wide trends Mumbai, India, 02 November 2023: Indian residential real estate market is typically an interplay of two fundamental factors. Market sentiment and the financial impact on buyers’ pockets have a tangible impact on home-buying decisions. Auspicious purchase periods and festive quarters have always underscored housing sector, even in periods of comparatively slower activity such as COVID-19 pandemic and NBFC sector lending crisis. The fourth quarter of October-December especially and festive offerings by developers and banks & financial institutions are quite synonymous...
Mumbai ranks 4th on Prime Global Cities Index in Q3 2023, showcasing impressive growth: Knight Frank

Mumbai ranks 4th on Prime Global Cities Index in Q3 2023, showcasing impressive growth: Knight Frank

Business & Finance, World
 Average annual prices rose 2.1% across the 46 markets Mumbai, New Delhi and Bengaluru witnessed YoY growth in prime residential prices in Q3 2023 Manila overtook Dubai and was ranked 1st in the index, with prime residential prices rising by 21.2% YoY in Q3 2023 Mumbai, 1st November 2023: Knight Frank, a leading international property consultancy, in its recent report ‘Prime Global Cities Index Q3 2023’ noted that Mumbai, Bengaluru and New Delhi, all the 3 Indian cities considered for the study recorded an increase in average annual prices of prime residential or luxury homes in Q3 2023. Mumbai recorded the 4th highest YoY growth in prime residential prices in Q3 2023. The 6.5% increase in prime residential prices has moved the city up by 18 places from 22nd rank in Q3 2022.  Ne...
Property Finder reports record 81% YoY surge in transaction value in existing property market to AED 25.7 billion for October 2023

Property Finder reports record 81% YoY surge in transaction value in existing property market to AED 25.7 billion for October 2023

Business & Finance, News, World
Highlights: Overall, October 2023 witnessed 7,128 transactions worth AED 29.7 billion Transaction volume in the existing property segment grows by 36.8% to 5,602 Strong interest in furnished rental apartments continues DUBAI, UNITED ARAB EMIRATES, 02 November 2023: Property Finder, the leading property portal in the MENA region, has revealed key trends shaping Dubai’s dynamic property market in October 2023. The month saw 7,128 real estate transactions worth a total of AED 29.7 billion, recording a 17.46% increase in value compared to the same month last year. According to the latest data, 60% of property buyers were looking for an apartment, while 40% were interested in villas/townhouses. Meanwhile, in the rental market, around 82% of tenants were searching for apartments...
World Cement Association Founder and Director to Be Star Speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi

World Cement Association Founder and Director to Be Star Speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi

News
Updated: 01/11/2023  Mumbai, Maharashtra, India – Business Wire India The 3-in-1 event – comprising Indian Cement Review (ICR) Conference, Awards and Cement EXPO 2023 scheduled on 14-15th December 2023 at Manekshaw Centre in Delhi - is expected to attract cement industry captains, plant heads, over 100 exhibitors and more than 5,000 quality visitors. Participants of the event can gain immensely from the wisdom and global vision of Ali Emir Adiguzel, who was the former Global CEO of Heidelberg Cement Group and has a remarkable global experience of over 30 years in international business and visionary leadership. Ali Emir Adiguzel, Founder & Director of World Cement Association (WCA), will be the keyword speaker at Indian Cement Review (ICR) Conference 2023, which will be held...
THREE NEW LIFTS AT SMVT BENGALURU RLY STATION INAUGURATED

THREE NEW LIFTS AT SMVT BENGALURU RLY STATION INAUGURATED

News
01.11.2023 Three Passenger lifts installed at Platform Nos.2/3, 4/5 and 6/7 in SMVT Bengaluru Railway Station were opened to the use of passengers today. P.C. Mohan, MP Bengaluru, Central, who was present on the occasion suggested the lifts to be inaugurated by Civic Workers. As per the directions of Hon’ble MP, the House Keeping Staff Ms. Shanthi & Ms. Parvathi, Porters S/Sri Girish, Jagadish, Narasimhaiah, Sadashivam along with other co-workers inaugurated the lifts by cutting ribbon. Later, Hon'ble MP held discussions with  Yogesh Mohan, Divisional Railway Manager, Bengaluru Division and  Gul Ashfaq Ahmad, Chief Project Manager, Gatishakti who were present during Inauguration, regarding improvements proposed to be undertaken in SMVT Bengaluru Railway Station. The lifts a...
Mahindra Lifespaces and Axis Bank partner to provide Home loans for Green Homes

Mahindra Lifespaces and Axis Bank partner to provide Home loans for Green Homes

Business & Finance
Mahindra Lifespaces customers can avail loans at 0.25% lower rates for green projects.  Bangalore, 1st November 2023: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, today, announced its partnership with Axis Bank, one of the largest private sector banks in India. Through this partnership, all Mahindra Lifespaces customers can now avail home loans at a competitive interest rate, which is 0.25% less than the standard home loan rates. Emphasizing on the core values of this collaboration, the loan application and disbursal process will be seamless with reduced paperwork, to minimize paper wastage and ensure efficient document management. Through this partnership, both the entities aim to encourage customers t...