November 2024 – Page 2 – Property World Global

Nov162024 by FWMNo Comments

LONGi’s Solar Panels Enhance Sustainability in Bengaluru’s Residential Complex

Home Improvement, LIFE & ARTS, Lifestyle, News

BANGALORE, India, Nov. 15, 2024 /PRNewswire/ -- LONGi, in partnership with SolarSquare, has completed a 342 kW solar project using advanced Hi-MO 5 solar panels for a residential apartment complex in Bengaluru. Launched seven months ago, this solar project is set to save the residential complex up to $47,736 annually and has already generated an impressive 340,000 units of electricity. Thanks to the high efficiency of the solar modules, significant economies of scale, and the inherent advantages of rooftop solar, the project is projected to reach its break-even point within just 4.75 years. Before the installation of the rooftop solar panels, residents faced annual electricity costs of approximately $143,305. The switch to solar energy is expected to result in annual savings between ...

Nov162024 by FWMNo Comments

A RARE OPPORTUNITY TO OWN A HISTORIC PROPERTY IN NEW YORK’S VILLAGE

Architecture, World

NEW YORK, Nov. 16, 2024 /PRNewswire/ -- /NYR.com// -- Greenwich Village originally was a sleepy village outside of New York City. Rich New Yorkers who wanted to escape the growing city moved there to relax. This was in 1820, when only the most southern part of Manhattan was occupied. Today, the "Village" is one of the most desirable parts of Manhattan, surrounded by Tribeca, Soho, and Chelsea, and a quiet oasis in one of the most vibrant commercial centers of the world. Google, Disney, and Facebook built their headquarters within walking distance, and executives from these companies now love to make the Village district their home. The demand for rentals and sales has skyrocketed as new property cannot be built in this protected historic district. CREDIT:New Yor...

Nov152024 by FWMNo Comments

Aurum PropTech to Host ‘India PropTech Summit – 2024’ in Mumbai

Architecture, Business & Finance, Home Improvement, LIFE & ARTS, Lifestyle, News

The event will spotlight technology opportunities across Rental, Distribution and Capital Mumbai, Maharashtra, India (NewsVoir) Thursday, Nov 14, 2024 17:11:47 Aurum PropTech shall be hosting their Analyst Day ‘India PropTech Summit- 2024’ in Mumbai. The forum shall bring together key analysts, industry stakeholders and Aurum PropTech leaders across India to deliberate on Property Technology opportunities across Real Estate - Rentals, Distribution and Capital. To be held on 2nd December 2024 in Mumbai at the Jio Convention Centre, the event shall highlight Aurum PropTech’s commitment to driving technology-led disruption and shaping the future of real estate. Market, Industry, and Technology Analysts from leading firms have been invited to join Aurum PropTech leaders, entrepreneurs, an...

Nov142024 by FWMNo Comments

Bollywood Actor Shahid Kapoor Leases Luxury Apartment upwards of Rs. 20 lakh per month: Square Yards

News

Tue, Nov 12, 1:05 PM Bollywood actor Shahid Kapoor has recently rented out his luxurious apartment in Mumbai’s prestigious Three Sixty West, Worli. According to Square Yards, the property spans 5,395 sq. ft. (~501.21 sq. m) of carpet area and 573.78 sq. m (~6,175.42 sq. ft) of built-up area, with three dedicated car parking spaces. The apartment, originally purchased in May 2024 for Rs. 58.6 crore was jointly acquired by Shahid and Mira Kapoor. Three Sixty West, developed by Oberoi Realty, is a high-end residential project spread over 1.58 acres, offering 4 and 5 BHK ready-to-move-in apartments. The lease agreement, registered in November 2024, is for a tenure of 60 months with an initial security deposit of Rs. 1.23 crore. As per Square Yards, the property will generate an avera...

Nov142024 by FWMNo Comments

Bengaluru Registers Rs. 15,739 Crore in Residential Transaction Value in July-September 2024, North Bengaluru Leads the Rally: Square Yards

Home Improvement, LIFE & ARTS, Lifestyle, News

Grade-A developers continue to dominate Bengaluru’s residential market activity. Embassy Group and Prestige Group lead in terms of highest home sales value, while Artha Group and Tata Realty top the list of developers with the highest volume of residential transactions. Bengaluru, November 13, 2024 – During the July-September 2024 quarter, a total of 25,259 residential units, including apartments and plots, were registered with the Inspector General of Registration (IGR) in Bengaluru, according to data from Square Yards. This figure represents a slight year-on-year decrease of 8% compared to the same period in 2023. The sales value for these properties amounted to Rs. 15,739 crore, marking a 15% decline from the Rs. 18,505 crore recorded in the July-September quarter of the previous yea...

Nov142024 by FWMNo Comments

Cost of construction rises up to 11% annually in 2024 across real estate segments

Architecture, News

Prices of key materials like steel and aluminum have relatively stabilized in 2024 Rising construction cost has primarily been on account of labour cost surge, at about 25% YoY in the private sector Volatilities in construction material prices and labour cost pressures are likely to push overall construction cost upward, albeit at a slower pace Gurugram, 14 November 2024: Over the last one-year, average cost of construction is estimated to have risen up to 11%, mainly due to a significant surge in labour costs coupled with a moderate price increase in construction materials like sand, brick, glass, wood etc. Notably, the cumulative effect of rise in the prices of four key construction materials including cement, steel, copper and aluminum have been relatively low. In fact, avera...

Nov142024 by FWMNo Comments

Canara Bank Hosts Retail Expo in Bengaluru

Business & Finance

Bengaluru, 14 November 2024: Canara Bank hosted a successful two-day Retail Expo on November 13th and 14th, 2024, at Manyata Tech Park, Bengaluru, showcasing a wide variety of real estate projects and home loan offerings. The event was inaugurated by Mahesh M Pai, the esteemed Bengaluru Circle Head and General Manager of Canara Bank, along with Mr. Shekhar H K, Senior Vice President of Shriram Properties, and Mr. Rohit Mehta, Director of Svamitva Group. A total of 42 prominent builders and 12 car dealerships participated, exhibiting their latest property developments and automotive offerings. This unique event gave customers the chance to explore a range of residential projects and connect with leading developers—all in one place. The event was further enriched by the presence of Canara ...

Nov122024 by FWMNo Comments

Light + LED Expo India 2024 to present smart, energy-efficient and advanced lighting solutions for diverse architectural and infrastructure needs

Architecture, Home Improvement, LIFE & ARTS, Lifestyle, News

Tuesday, Nov 12, 2024 14:11:19 New Delhi, India – Business Wire India India’s premier expo, Light + LED Expo India 2024, is set to showcase advanced products in LED and intelligent lighting solutions from 21st to 23rd November 2024 at Yashobhoomi (IICC), Dwarka, Delhi. With 240+ exhibitors from nine countries, the B2B event will present innovative solutions for homes, high rises, architecture, infrastructure, and everything in between. With LED light emerging as a powerful catalyst in India's energy efficiency journey, its applications have spread from households and industrial spaces to more complex and customised needs for architecture and interior design, urban infrastructure and smart city projects. Government-backed initiatives like Unnat Jyoti by Affordable LEDs for All and L...

Nov112024 by FWMNo Comments

LG Unveils “PROFESSIONAL LAUNDRY” Lineup for Commercial Market at Texcare 2024

Business & Finance

Equipped With Cutting-Edge AI Technologies, the Company’s Large-Capacity Commercial Washers and Dryers Deliver Excellent Energy Efficiency SEOUL, Nov. 7, 2024 — LG Electronics (LG) is showcasing its PROFESSIONAL LAUNDRY lineup at Texcare International 2024, a global B2B laundry and textile care exhibition, held in Frankfurt, Germany, from November 6-9. Prioritizing energy efficiency, the new lineup features a variety of large-capacity solutions, including 30-kilogram washers and dryers, as well as a washer-dryer combo with heat pump, offering a maximum capacity of 25 kilograms for washing and 16 kilograms for drying. With the launch of its PROFESSIONAL LAUNDRY lineup, LG aims to strengthen its position in the commercial laundry market, both in Europe and worldwide. LG’s compreh...

Nov102024 by FWMNo Comments

The Sustainable City – Yiti Set to Showcase Sustainable Living Model at Cityscape Global 2024 in Riyadh

Architecture, Lifestyle, News

Leading the way as a pioneering model for sustainable, net-zero communities Participation in Riyadh marks the latest in a series of prominent global real estate exhibitions Muscat, Oman – 10 November 2024 – The Sustainable City – Yiti is set to showcase its leadership in sustainable living at Cityscape Global 2024, taking place in Riyadh, the Saudi capital. This participation marks the latest in a series of appearances at international and regional real estate events, reinforcing its position as a global model for net zero living. The Sustainable City – Yiti will showcase the project’s commitment to sustainable living through comprehensive social, environmental, and economic sustainability strategies. The community's design minimizes environmental impact and maximizes qual...