Monday, February 17News That Matters

Month: January 2025

Embassy REIT Grows Distributions by 13% YoY and Delivers Highest-Ever Quarterly Revenues and NOI for 3Q FY2025

Embassy REIT Grows Distributions by 13% YoY and Delivers Highest-Ever Quarterly Revenues and NOI for 3Q FY2025

Business & Finance
Wednesday, January 29, 2025 7:34PM IST (2:04PM GMT) Bengaluru, Karnataka, India: Leases 1.1 msf in Q3 and 5.0 msf YTD FY2025; On track to achieve FY2025 guidance GCC demand continues to dominate, accounting for ~70% of leasing activity Grows Revenue and Net Operating Income by 9% YoY to a quarterly record of Rs. 1,022 crores and Rs. 829 crores, respectively Delivers a quarterly record of Rs. 559 crores in gross distributions, up 13% YoY ​Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the third quarter ended December 31, 2024. Ritwik Bhattacharjee, Chief Executive Officer* of Embassy REIT, said, "We are delighted to report another strong qua...
Architects Urge Government Action to Improve Urban Infrastructure at Latitude 2025 Event

Architects Urge Government Action to Improve Urban Infrastructure at Latitude 2025 Event

Architecture, LIFE & ARTS, Lifestyle, News
Tuesday, Jan 28, 2025 17:01:05 Bengaluru, Karnataka, India (NewsVoir)      Architects and urban design professionals at the 2nd edition of Latitude 2025, hosted by the Indian Institute of Architects – Karnataka Chapter (IIA-KC), have called for immediate government intervention to address the growing urban infrastructure challenges across India. The two-day event, held on January 24-25, brought together leading architects, urban planners, and policymakers to discuss innovative solutions for the nation’s urban future. During his keynote address, Ar. Mohan B.R., Chairman of IIA-KC, urged policymakers to leverage the expertise of architects in shaping urban development and resolving infrastructure issues. He pointed out the significant disconnect between architectural education and prac...
Godrej Design Lab’s Conscious Trends Report Highlights India’s Role in Global Decarbonization Efforts

Godrej Design Lab’s Conscious Trends Report Highlights India’s Role in Global Decarbonization Efforts

Architecture, LIFE & ARTS, Lifestyle, News
Monday, Jan 27, 2025 17:01:18 New Delhi, India – Business Wire India The report outlines unified actions for stakeholders to reduce carbon emissions in the built environment Godrej Design Lab, part of the Godrej Enterprises Group, in collaboration with the Council on Energy, Environment and Water (CEEW) and Integrative Design Solutions (IDS), has unveiled the ‘Building a Climate-Conscious India: Scalable Solutions for a Low-Carbon Built Environment’ report at Conscious Collective 2024. The report provides a comprehensive roadmap to decarbonize India’s building sector, a critical contributor to global greenhouse gas emissions, and serves as a guide for architects, designers, developers, and policymakers to scale proven solutions. Speaking about the trends report, Nyrika Holkar, Exe...
fischer Offers 360-degree Support During the Life Cycle of Buildings

fischer Offers 360-degree Support During the Life Cycle of Buildings

Architecture, Home Improvement, News
Tuesday, Jan 28, 2025 11:01:26 Bengaluru, Karnataka, India (NewsVoir)      fischer’s 360-degree services optimise processes along the supply chain, from the planning, construction and operation of buildings. Digital offers comprise BIM (Building Information Modelling) services and digital scanning tools for existing buildings, automated construction with the BauBot robot and products equipped with digital features connected to the IoT (Internet of Things) for efficient building monitoring. With in-house engineers, application engineers, field staff and 50 operating companies around the globe, fischer works in close proximity to customers and projects. Mr. Mayank Kalra, Managing Director of fischer India, expressed his enthusiasm about the world-class services fischer provides in Indi...
From Architects to Fashion Reveries: The Story of Galtic

From Architects to Fashion Reveries: The Story of Galtic

Architecture, Home Improvement, LIFE & ARTS, Lifestyle, News
Saturday, Jan 25, 2025 16:01:56  In the ever-evolving world of design and creativity, some stories are born from a spark of curiosity and a desire to create something that goes beyond convention. The story of Galtic, India’s rising luxury fashion brand, is a tale of passion, purpose, and a vision to put India on the global map of luxury. It all began with Akanksha Jadhav (25), a driven architect with a deep-rooted passion for art and design, and Adarsh Yadav (25), a visionary creative director who found beauty in the fusion of structure and aesthetics. Their lives revolved around the intricacies of architecture, shaping spaces and forms that spoke stories of elegance and harmony. But their love for design transcended blueprints and buildings—it seeped into the world of fabrics, text...
Housing sales fall 9%, new supply declines 15% in top 9 cities in 2024: PropEquity

Housing sales fall 9%, new supply declines 15% in top 9 cities in 2024: PropEquity

Home Improvement, Lifestyle, News
Housing sales fall below 5 lakh units to 4,70,899 units in 2024. Ø  Only Delhi-NCR and Navi Mumbai witnessed rise, other cities saw decline in sales. Ø  New supply in top 9 cities decline by 15% at 4,11,022 units in 2024. Ø  Bengaluru, Pune and Thane emerged as the top city in terms of new supply in 2024. Ø  Bengaluru, Chennai and Delhi-NCR saw supply exceed absorption in 2024. New Delhi, January 22, 2025: The residential real estate market in India’s top 9 cities saw a marginal 9% decline in sales at 4,70,899 units while new supply fell by 15% to 4,11,022 units in 2024 on the back of two quarters of under-activity due to General Elections and Monsoon, according to a report by NSE-listed real estate data analytics firm PropEquity. The number of units sold in 2023 stood at...
‘Advantage Assam-2.0 Conference’ in Guwahati on February 25 and 26: Ashok Singhal,Minister of Health and Family Welfare and Irrigation of Assam

‘Advantage Assam-2.0 Conference’ in Guwahati on February 25 and 26: Ashok Singhal,Minister of Health and Family Welfare and Irrigation of Assam

Business & Finance
Bengaluru, January 21 (Karnataka News): PHOTOS BY P.K.ANANTH KUMAR Ashok Singhal, Minister of Health and Family Welfare and Irrigation of Assam said that 'Advantage Assam-2.0' Summit-2025 was organized in Guwahati, Assam on February 25 and 26 to promote investment and infrastructure in Assam. Addressing a 'road show' and preliminary meeting organized in this regard at a private hotel in the city today, he said that 'Advantage Assam - 2.0' organized by the Government of Assam and the Assam Industrial Development Corporation will focus on semiconductor, electronics, defence, renewable energy, technology and He said that there are ample opportunities for investment in areas like mobility and fragrances and flavors and companies should utilize this to make Assam a developing state. As...
Aadi Kavi Maharshi Valmiki” Concept – Fruit Flower Show at Lalbagh from 16th to 27th January

Aadi Kavi Maharshi Valmiki” Concept – Fruit Flower Show at Lalbagh from 16th to 27th January

Architecture, LIFE & ARTS, Lifestyle, News
PHOTOS BY P K ANANTH KUMAR BENGALURU Director of Horticulture Department D.S. Ramesh said. that the 217th Fruit Flower Show under the concept of "Adi Kavi Maharshi Valmiki" was organized from January 16 to 27 at Lalbagh, Bangalore as part of the Republic Day celebrations on January 26. Addressing the media at Lalbagh's Horticulture Information Center today, he said that 85 different varieties of flowers have been specially used this time.It has been done, with about 32 lakh flowers, the demonstrations of the special places where Maharishi Valmiki worked during his time, and several ideas are intended to be communicated to the public, he said.  
NoBroker Announces Second Property Carnival in Bangalore

NoBroker Announces Second Property Carnival in Bangalore

Architecture, Home Improvement, News
Saturday, Jan 18, 2025 16:01:09 Bangalore, Karnataka, India (NewsVoir) •  Brings over 15 Top Developers Under One Roof for Home Buyers •  Offers chance to win on the spot offers and international trips After the resounding success of its first ever Property Carnival in Bangalore in 2024, NoBroker, India’s first proptech unicorn, is back with another exciting event aimed at simplifying the home-buying process. The much-anticipated NoBroker Property Carnival will be held in Bangalore once again, providing home buyers with a unique opportunity to explore a variety of projects from top developers—all under one roof. This event will bring together over 15 of the top real estate developers in Bangalore, all showcasing their latest and best residential offerings in one convenient location...
Max Furn Launches Third Flagship Furniture Mall in Nelamangala

Max Furn Launches Third Flagship Furniture Mall in Nelamangala

Architecture, Home Improvement, LIFE & ARTS, Lifestyle, News
Bangalore, January 2025: Max Furn, a part of the esteemed The Majestic Furniture group, proudly announces the grand opening of its third flagship Furniture Mall in Bangalore, located in Nelamangala. Spanning a massive 30,000 square feet, this state-of-the-art furniture mall is not just a store—it’s an unparalleled destination that promises to redefine furniture shopping in India and is the biggest furniture mall in the city. A Furniture Mall Like No Other The Nelamangala Max Furn Furniture Mall offers an unmatched range of furniture for every space in your home. With: ● 1500+ customizable sofa options to suit your style and comfort. ● The largest collection of imported dining tables in Bangalore, blending elegance with functionality. ● A dedicated floor for office furniture, ...