August 2026 – Property World Global

Aug252026 by FWMNo Comments

Puravankara Enters JDA for 7.83-acre Land Parcel in South-East Bengaluru with Rs 1,247 Crore GDV Potential

25th August 2026, Bengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, has entered into a joint development agreement (JDA) for a 7.83-acre land parcel in South-East Bengaluru, with an estimated Gross Development Value (GDV) of Rs 1,100 crore. The project has a saleable area of approximately 0.89 msft and will be developed as a residential community, adding to Puravankara's presence in this established South Bengaluru corridor.This marks Puravankara’s fifth land transaction in Bengaluru for FY27, underscoring the calibrated approach and the pace at which the company continues to build its development pipeline in the city.Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, sa...

Aug252026 by FWMNo Comments

Clarity of Space: Hettich Redefines Modern Storage Architecture with New Linear Systems

Architecture, Home Improvement, News

Tuesday, Aug 25, 2026 14:32:09 | Hettich IndiaMUMBAI, India, Aug. 25, 2026 /PRNewswire/ -- Modern homes are increasingly defined by clarity of space, function, and intent. As open plans, clean lines, and uncluttered interiors become the standard expectation, storage solutions must evolve to match. For architects, interior designers, and furniture manufacturers, Hettich's Linear Drawer Systems offer a dependable way to deliver structured, intuitive, and visually magical interiors.Every drawer specified is a design decision, and Hettich's largest range of Linear Drawer Systems gives partners the flexibility to meet any brief. Here's a closer look at what these award-winning systems bring to the table:AvoriTech: Less for MoreBuilt for premium, minimalist specifications, ...

Aug242026 by FWMNo Comments

Century-Old Kalyan Silks Expands Bengaluru Footprint With 39th Global Showroom.

Architecture, LIFE & ARTS, Lifestyle, News

Kalyan Silks' new showroom opened in Malleshwaram, Bengaluru(Aug 17)BENGALURU-Kalyan Silks, one of the world’s leading networks of silk saree showrooms with a legacy of over a century, has expanded its presence in Karnataka with the grand opening of its new showroom in Malleshwaram. This outlet marks Kalyan Silks' 3rd showroom in Bengaluru and its 39th showroom globally. The inauguration of this modern shopping complex took place on Monday, August 17, 2026, at 11:30 AM. Ms. Shobha Karandlaje, Minister of State for Labour and Employment and Micro, Small and Medium Enterprises, inaugurated the outlet. The chief guest, Dr. Ashwath Narayan C N, former Deputy Chief Minister of Karnataka and MLA of Malleswaram Constituency, inaugurated the second floor, dedi...

Aug222026 by FWMNo Comments

Karnataka Eyes ₹10K Cr CSR Surge; CM Urges IT Giants to Adopt and Brand 2,000 Rural Schools

News

BENGALURU — The Karnataka government is pitching a new, zero-bureaucracy public-private partnership model to major technology companies, aiming to unlock the state’s underutilized ₹10,000 crore Corporate Social Responsibility (CSR) potential. Speaking at the 'Vision 2030 – CSR Conference' hosted by the Greater Bangalore IT Companies and Industries Association (G-BITCIA), Chief Minister DK Shivakumar invited corporations to directly build, fund, and brand 2,000 rural government schools."It is essential for businesses to join hands through CSR funds to provide the best education and technological awareness to children in the rural areas of the state at the primary level," Chief Minister DK Shivakumar called.Shivakumar was speaking at the 'Vision 2030 – CSR Conference-2026' of the Gr...

Aug222026 by FWMNo Comments

Aludecor Launches Weather-Responsive Intelligent Louvers with Global Remote Access

Architecture, News

Friday, Aug 21, 2026 16:42:21New intelligent façade system responds to sun, rain and wind conditions while enabling remote monitoring and multi-platform controlNational, 21st August 2026: As buildings increasingly rely on large, glazed façades, managing heat gain, glare and indoor comfort has become an important consideration in modern building design. Addressing this need, Aludecor, one of India’s leading aluminium composite panel and façade product manufacturers, has unveiled Alubreeze Intelligent Louvers, India’s first indigenously developed intelligent louver system designed to be controlled from anywhere in the world and even to make building façades responsive to changing environmental conditions.Alubreeze Intelligent Louvers can sense, respond and adjust. The motorised m...

Aug222026 by FWMNo Comments

PVR INOX to Open 25,000-Sq.-Ft. Multiscreen Multiplex at Bhumika Realty’s The Icon in Faridabad.

Architecture, News

Delhi NCR, IndiaBhumika Realty, the real estate arm of Bhumika Group, today announced a partnership with PVR INOX Limited for a 25,000 sq. ft. multiscreen multiplex at The Icon, its mixed-use development on Delhi-Mathura Road in Sector 27A, Faridabad. The agreement marks the second association between the two companies, following PVR INOX’s presence at Urban Square, Udaipur. The repeat partnership comes as Bhumika Realty expands its portfolio of mixed-use and retail developments across high-growth markets.Partnership marks PVR INOX’s second association with Bhumika Realty following Urban Square, UdaipurPHOTO CREDIT-Bhumika GroupAt The Icon, PVR INOX will occupy approximately 25,000 sq. ft. across the second and third floors. The multiplex is planned to commen...

Aug212026 by FWMNo Comments

Holcim to acquire Fermacell.

Business & Finance, News, World

Zug | 20 August 2026-Established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million Premium brands fermacell® and Aestuver® expanding Holcim’s high-value Building Solutions Run-rate EBITDA synergies of around EUR 22 million to be realized in year three A milestone in Holcim's NextGen Growth 2030 strategy shaping the future of sustainable constructionHolcim has entered into an agreement to acquire Fermacell from James Hardie Industries plc. Fermacell is an established European provider of sustainable walling and flooring solutions with projected 2026 net sales of around EUR 430 million. It is a leader in high-performance fibre gypsum and cement-bonded boards, and home to premium sustainable brands such as ferm...

Aug202026 by FWMNo Comments

Indian REITs continues to remain resilient, backed by long-term leases, stable rental income and diversified tenants: CareEdge Ratings

News

Believes India’s REIT sector has substantial room to grow, with over 150 msf of office space expected to become REIT-eligible by CY2031 GCCs driving office leasing demand notes CareEdge Ratings Occupancy trends across India's listed office REITs exceeded 90% with average occupancy climbing steadily from ~ 84% in FY24 to 89% in FY25, to about 92% in FY26Mumbai, 20th August 2026: According to CareEdge Ratings, Indian REITs have remained resilient despite the ongoing geopolitical crisis, supported by long-term lease contracts, contracted rental income and a diversified tenant portfolio.As of May 2026, the six listed REITs have a combined GAV of ~Rs 3.13 lakh crore and a market capitalisation of more than Rs 2.00 lakh crore. Combined debt level increased to Rs 68,000 crore, l...

Aug182026 by FWMNo Comments

Waste to Woods: Raichur Reclaims 22 Acres with Miyawaki Transformation .

Architecture, News

18 AUG 2026 2:40PM by PIB DelhiRaichur in Karnataka, has transformed the 35-acre Yakalaspura dumpsite into a green asset through scientific legacy waste remediation under the Swachh Bharat Mission-Urban 2.0 (SBM-U 2.0). ~ 62,252 MT of waste has been processed and nearly 22 acres of valuable urban land, has been reclaimed so far. The restored site now supports sustainable land use, including a vibrant Miyawaki forest, demonstrating how former dumpsites can be converted into thriving ecological spaces.Under the SBM–U 2.0, cities across India are undertaking the transformation of legacy dumpsites into productive and environmentally sustainable spaces. In Raichur, Karnataka, this vision has been realized through the successful remediation of the Yakalaspura dumpsite, once a symbol ...

Aug182026 by FWMNo Comments

Prime Office Rents Rise Across India’s Gateway Markets; Bengaluru Among APAC’s Top Performers: Knight Frank APAC Prime Office Rental Index

News

Bengaluru records highest rental growth at 10.7% YoY among Indian office marketsFlex operators account for over 30% of leasing across Bengaluru, Delhi-NCR, Mumbai Prime office vacancies remain stable despite over 7 mn sq ft new completionsMumbai, August 17, 2026: Knight Frank, in its latest edition of the Asia-Pacific Office Highlights – Q2 2026, reported that India's leading office markets continued to record healthy occupier demand in Q2 2026, with Bengaluru, Mumbai and Delhi-NCR collectively leasing 9.8 mn sq ft of office space. While leasing moderated from the exceptionally high levels seen in 2025, demand remained robust, supported by stable vacancy levels despite more than 7 mn sq ft of new office completions during the quarter.Prime office rents continued to stren...