Month: April 2026

Apr12026 by FWMNo Comments

𝗕𝗔𝗙 𝗪𝗲𝗹𝗰𝗼𝗺𝗲𝘀 𝗠𝗼𝘃𝗲 𝘁𝗼 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗞𝗔𝗢𝗠𝗔 𝗔𝗰𝘁 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗢𝗿𝗱𝗶𝗻𝗮𝗻𝗰𝗲, 𝗨𝗿𝗴𝗲𝘀 𝗦𝘄𝗶𝗳𝘁 𝗥𝗼𝗹𝗹𝗼𝘂𝘁.

𝗕𝗲𝗻𝗴𝗮𝗹𝘂𝗿𝘂, 𝗠𝗮𝗿𝗰𝗵 28: The 𝗕𝗲𝗻𝗴𝗮𝗹𝘂𝗿𝘂 𝗔𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁𝘀 𝗙𝗲𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻 (𝗕𝗔𝗙) has welcomed the State Government’s decision to 𝗶𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝘁𝗵𝗲 𝗞𝗮𝗿𝗻𝗮𝘁𝗮𝗸𝗮 𝗔𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗮𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗔𝗰𝘁 (𝗞𝗔𝗢𝗠) 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮𝗻 𝗼𝗿𝗱𝗶𝗻𝗮𝗻𝗰𝗲, following an assurance by 𝗗𝗲𝗽𝘂𝘁𝘆 𝗖𝗵𝗶𝗲𝗳 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿 𝗗.𝗞. 𝗦𝗵𝗶𝘃𝗮𝗸𝘂𝗺𝗮𝗿 on the final day of the budget session in the Legislative Assembly.Issuing a statement, 𝗕𝗔𝗙 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗦𝗮𝘁𝗶𝘀𝗵 𝗠𝗮𝗹𝗹𝘆𝗮 said, “We are indebted to the Deputy Chief Minister D.K. Shivakumar and leaders of all parties for bringing the KAOMA discussion to the forefront in the Karnataka Legislative Assembly. We also thank the Chief Minister and officials of the Urban Development and Parliamentary Affairs Departments for their sustained efforts over the years in shaping this crucial Act.”He added, “The KAOMA Act will bring 𝗴𝗿𝗲𝗮...

Apr12026 by FWMNo Comments

Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Business & Finance, News, PROPERTY MATTERS

With total built-up area of approx. 20,000 sq. ft., the project will have 4 ultra-luxury independent floors with state-of-the-art amenitiessNew Delhi, March 30, 2026: Golden Growth Fund (GGF), a category II real estate focused Alternative Investment Fund (AIF) designed for South Delhi, today announced the acquisition of a prime land parcel at Gulmohar Park in South Delhi. The company plans to develop ultra-luxury independent floors on this land parcel with estimated revenue potential of approx. Rs 100 crore, further strengthening its presence in the posh and end-use driven South Delhi market.This is the Fund’s third acquisition in South Delhi since its launch in September 2024 after Anand Niketan and Neeti Bagh where construction is on in full swing.Gulmohar Park is one of Sout...

Apr12026 by FWMNo Comments

Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Business & Finance, News, PROPERTY MATTERS

Bengaluru emerges as a realty hotspot as the city, for the first time, records the highest sales and supply among top 9 cities.Delhi-NCR recorded the highest growth in sales and supply amongst top 9 cities.National, March 30, 2026: The housing sales in India’s top 9 cities continued to decline in Q1 (January-March) 2026, falling below the 1 lakh unit mark after 18 quarters, owing to fewer supply across most major cities.According to NSE-listed real estate data analytics company PropEquity, housing sales fell by 13% YoY and 6% QoQ to 98,761 units while launches fell by 19% YoY and 8% QoQ to 92,411 units in January-March 2026.Bengaluru, with sales of 17,991 units, emerged as the highest selling market. The city recorded 16% QoQ and 3% YoY growth.Delhi-NCR with 12,141 un...

Apr12026 by FWMNo Comments

Holcim completes acquisition of majority stake in Cementos Pacasmayo.

Business & Finance

Acquisition is a milestone in Holcim’s Latin America expansion, bringing a complementary portfolio of building materials and solutions in Peru Cementos Pacasmayo reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28% Transaction value implies 7.1x EBITDA multiple after expected run-rate synergies of around USD 40 million in year three; EPS accretive in year one Zug | 30 March 2026-Holcim has completed the acquisition of a majority stake in Cementos Pacasmayo, a leading Peruvian producer of building materials with reported 2025 net sales of USD 630 million and an adjusted EBITDA margin of 28%. The synergistic acquisition expands Holcim's portfolio of building materials and solutions in Peru and is expected to accelerate profitable growth in the highly a...