November 2024 – Property World Global

Nov62024 by FWMNo Comments

Hyatt Set To Expand Brand Presence In Nepal With Hyatt Regency Lumbini

Architecture, News

The 175-guestroom property will be the fourth Hyatt branded property in Nepal and will mark the second hotel with Golyan Group CHICAGO (November 05, 2024) - Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with Veda Hospitality Private Limited, a part of the Golyan Group, for Hyatt Regency Lumbini. The property will be the fourth Hyatt branded hotel in Nepal, reaffirming the significance of the market in Hyatt’s ambitious growth plans for Southwest Asia. Revered as the birthplace of Lord Buddha, the serene and spiritually significant town of Lumbini stands as an unparalleled destination for tourists as it draws travelers from across the world to the sacred site. It also boasts an UNESCO World Heritage status, with ...

Nov52024 by FWMNo Comments

UST Expands India Presence with a Second Office in Bengaluru

News

Bengaluru is UST's second largest delivery center globally with over 6,000 employees The second Bengaluru facility covers over 17,000 sq. ft. with a state-of-the-art Design Experience Center BENGALURU, India, Nov. 5, 2024 /PRNewswire/ -- UST, a leading digital transformation solutions company, has further strengthened its India presence by inaugurating a second delivery center in Bengaluru, Karnataka. Located in Helios Business Park, Kadabeesanahalli, this new facility spans over 17,000 square feet and accommodates over 300 seats, along with a state-of-the-art Design Experience Center and other modern facilities. This marks UST's second facility in Bengaluru, complementing its primary Bengaluru facility at Prestige Shantiniketan, Whitefield. Over the past year, UST has steadily ex...

Nov52024 by FWMNo Comments

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group Honoured With Karnataka Rajyotsava Award 2024

News

Bangalore, November 4, 2024 – Irfan Razack, Chairman and Managing Director of the Prestige Group, was awarded the prestigious Karnataka Rajyotsava Award on 1st November 2024 in recognition of his outstanding contributions to the Real Estate industry and his dedication to the economic and infrastructural development of Karnataka. This distinguished honour, bestowed by the Government of Karnataka, celebrates individuals who have significantly impacted their fields, contributing to the state's growth and progress. Irfan Razack has been a pioneering force in transforming the skyline of Bangalore and other cities across India. Under his visionary leadership, Prestige Group has not only redefined real estate standards but also championed sustainable urban development, social responsibi...

Nov42024 by FWMNo Comments

BBMP HAS SEALED AROUND 32 SHOPS IN BENGALURU OVER TAX ARREARS

News

04 NOV 2024 In the market area of Yeswantpur RTO Road, Mattikere sub-division in the western sector of the city, today under the leadership of Zonal Commissioner Mrs. Archana, 32 shops with outstanding property tax will be sealed. Notices have been issued to delinquents and revision cases with high property tax arrears in the Western Zone, who have not paid the outstanding property tax despite being given sufficient time. Due to this, as per the BBMP Act 2020 and the regulations, non-commercial properties are being sealed and the arrears of property tax are being recovered. Moreover, in cases of revision of property tax in the Assistant Revenue Officer sub-division, the property with the highest arrears is sealed. Use, PID No: 7-39-27 & 7-39-27/1, Subedar Chatram Road, Ye...

Nov12024 by FWMNo Comments

Majority of Homebuyers Expect a 6-15% Rise in Property Prices Over the Next Year: Magicbricks Survey

Business & Finance, News

Bengaluru, 29th October 2024 : Magicbricks, India’s leading real estate platform, highlights an increasing inclination towards residential real estate as a favored investment option. According to the platform’s latest survey of high-intent homebuyers, those with annual household incomes between INR 20-30 lakh are showing the strongest preference for purchasing homes, signaling rising aspirations within the middle-income segment. These buyers are mainly considering investments in the INR 75 lakh to 1 crore range. Survey results indicate that a majority of homebuyers expect property prices to rise by 6-15% over the next 12 months, citing capital appreciation and rental yields as key motivators. Among respondents, 35% view return on investment (ROI) through property appreciation as their pr...