February 2025 – Page 2 – Property World Global

Feb112025 by FWMNo Comments

Max Estates Achieves Record Growth: Major Land Acquisitions and High-value Pre-sales Drive Momentum

News

New Delhi, Delhi, India Feb 10, 2025 14:54 IST Max Estates Limited (MEL), has announced its unaudited Q3 & 9M FY25 financial results. Real Estate Portfolio of 17 Mn. Sq. Ft. Full-year pre-sales guidance surpassed in just 9 months, achieving INR 5,200 crore Recently, the Company, through a strategic land acquisition secured 10.33 acres of prime land in Noida with mixed use development potential of ~2.6 Mn Sq. Ft. MEL Business Highlights: Mixed - use Portfolio Update: Max Estates has acquired 10.33 acre of prime land in Sector 105 on Noida-Greater Noida Expressway for ~INR 711 Crore with ~2.6 mn sq. ft. with a mix of Residential and Commercial in a 40:60 ratio. The project has a Gross Development Value (GDV) Potential of INR 3,000+ crore and ...

Feb112025 by FWMNo Comments

IKEA uncovers who in the world sleeps best – and it might surprise you

Home Improvement, LIFE & ARTS, Lifestyle, News

MALMÖ, Sweden, Feb. 10, 2025 /PRNewswire/ -- The largest IKEA report ever, surveying over 55,000 people across 57 markets, reveals that Mainland China ranks highest in sleep quality, while Norway and the USA score the lowest. The findings also highlight a global sleep gap of 1 hour and 20 minutes, with people worldwide missing out on significant rest each night - equating to over 20 full days of lost sleep annually. "Sleep is an important factor for life quality. At IKEA, we're committed to understanding people's sleep challenges and providing solutions - whether through smart bedroom designs, better sleep environments, or simple daily habits," said Belén Frau, Global Communication and Positioning Manager, IKEA Retail (Ingka Group).

Feb102025 by FWMNo Comments

Hyatt Announces Plans to Acquire Playa Hotels & Resorts N.V., Enhancing Hyatt’s All-Inclusive Platform

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

CHICAGO, IL (February 10, 2025) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. (NASDAQ: PLYA, Playa) for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica and Hyatt is currently the beneficial owner of 9.4% of Playa’s outstanding shares. “Hyatt has firmly established itself as a leader in the all-inclusive space, a journey that began in 2013 through an investment in Playa Hotels & Resorts that launched the Hyatt Ziva and Hyatt Zilara brands,” said Mark Hoplamazian, President and Chief Executive Officer, H...

Feb72025 by FWMNo Comments

Indian Natural Stone Industry Set to Shine at STONA 2025 Amidst Challenges and Opportunities

News

PHOTOS BY P.K.ANANTH KUMAR FIGSI Advocates - One Nation One Mineral One Policy Bengaluru Feb 7, 2025: The Indian natural stone industry, a vital contributor to the country's economy and cultural heritage, is gearing up for STONA 2025, India's premier international stone fair at the Bangalore International Exhibition Centre (BIEC), Tumkur Road. As the industry navigates regulatory hurdles, supply chain disruptions, and international competition, STONA 2025 promises to be a beacon of hope and growth. "We are excited to host STONA 2025, which will bring together industry stakeholders, innovators, and enthusiasts from around the world," said Mr. Krishna Prasad, President, Federation of Indian Granite and Stone Industry (FIGSI). "This event will showcase India's rich natural stone her...

Feb62025 by FWMNo Comments

PNB Launches “Home Loan Expo 2025” to Empower Homebuyers with Exclusive Offers

Business & Finance

Bengaluru, 6th February 2025 : Punjab National Bank (PNB), nation’s leading public sector bank, is hosting the PNB “Home Loan Expo 2025”, a two-day premier event aimed at helping homebuyers and real estate investors explore exclusive financing solutions. The PNB Home Loan Expo 2025 will bring together leading real estate developers, financial experts, and aspiring homeowners under one roof, offering a range of exclusive benefits to make homeownership more accessible, affordable, and convenient. Attendees can take advantage of customised home loan solutions at competitive interest rates, along with on-the-spot consultations with PNB loan officers for instant eligibility checks and approvals. In addition, expert financial guidance will be available to help homebuyers make informed decisi...

Feb42025 by FWMNo Comments

Zinnov Launches Comprehensive Framework for “Integrating Art into Public Spaces”

Architecture, LIFE & ARTS, Lifestyle, News

Zinnov, a global management consulting company, aims to transform urban landscapes by turning underutilized spaces into dynamic community hubs~ ~ The company – aims to bring together artists, curators, urban planners, corporates, and governments to enhance city spaces to become conversation and innovation spaces ~ BENGALURU, India, Feb. 4, 2025 /PRNewswire/ -- Zinnov, a global management consulting company, launched its ambitious Guidance Document on "Integrating Art into Public Spaces" at the Bangalore International Center (BIC). This comprehensive resource serves as the cornerstone of Zinnov's decade-long Public Spaces Initiative. It comes at a crucial time when cities worldwide are facing increasing population density and are addressing issues of community well-being, social cohesion,...

Feb32025 by FWMNo Comments

Bollywood Actress Sonakshi Sinha Sells Apartment in Mumbai for Rs. 22.50 Crore: Square Yards

News

Monday, Feb 03, 2025 15:02:59 Bollywood actress Sonakshi Sinha has sold her apartment in Bandra West, Mumbai, for Rs. 22.50 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in January 2025. Bandra’s proximity to Bandra Kurla Complex (BKC), Mumbai’s key commercial hub, makes it an attractive residential option for corporate executives and business owners seeking minimal commute times. Connectivity is a major advantage, with the Western Express Highway, Bandra-Worli Sea Link, international airport, and the upcoming metro enhancing accessibility. Bollywood stars such as Suniel Shetty, Ranveer Singh, and Deepika Padukone, along with sport...