Thursday, January 23News That Matters

Author: FWM

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, ...
Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion

Strong growth of 6.1% YoY in CC, 80 bps YoY operating margin expansion

Business & Finance
https://youtu.be/Tb9DSxuqRi0 Bengaluru, India – January 16, 2025: Infosys (NSE, BSE, NYSE: INFY), a global leader in next- generation digital services and consulting, delivered strong and broad-based performance with $4,939 million in Q3 revenues, growth of 1.7% sequentially and 6.1% year on year in constant currency. Operating margin for Q3 was at 21.3%, increase of 0.2% sequentially. Free cash flow for Q3 was highest ever at $1,263 million, growing 90% year on year. TCV of large deal wins was $2.5 billion, with 63% net new growing at 57% sequentially. Headcount increased for second consecutive quarter. Revenues for YTD Dec’24 grew at 3.9% year on year in constant currency and in reported terms. Operating margin was at 21.2%, increase of 0.3% year on year. “Our strong revenue g...
Pune Property Expo 2025 by CREDAI-Pune Metro Scheduled from 17th to 19th January

Pune Property Expo 2025 by CREDAI-Pune Metro Scheduled from 17th to 19th January

Home Improvement, News
Tuesday, Jan 14, 2025 12:01:30 | CREDAI Pune Metro Pune, Maharashtra, India (NewsVoir)     Following the traditions of ushering the New Year with happiness and prosperity, CREDAI-Pune Metro’s marks its 23rd edition of its Flagship event and Annual Property Exhibition, “Pune Property Expo 2025”, scheduled to be held from 17th to 19th January 2025 at the Agriculture College Ground, Pune. The event will bring together over 55 trusted developers, showcasing more than 400 RERA-registered projects from Pune, PCMC, and PMRDA regions. The exhibition aims to provide a platform for first-time home-buyers, Upgraders & Investors promising something for everyone. One can explore a wide range of real estate options, including affordable Studio &1 BHK to 5 BHK luxury housing, NA plots to p...
830 NON-RESIDENTIAL BUILDINGS WITH HIGHEST PROPERTY TAX ARREARS UNDER THE JURISDICTION OF BBMP HAVE BEEN SEALED.: Munish Maudgil,BBMP Special Commissioner (Revenue)

830 NON-RESIDENTIAL BUILDINGS WITH HIGHEST PROPERTY TAX ARREARS UNDER THE JURISDICTION OF BBMP HAVE BEEN SEALED.: Munish Maudgil,BBMP Special Commissioner (Revenue)

News
Bangalore: Jan. 10: Mr. Munish Maudgil, Special Commissioner of Revenue said that 830 non-residential buildings with highest property tax arrears under the jurisdiction of BBMP have been sealed. Property tax should be collected expeditiously from the delinquent property tax defaulters in the 8 zones of the corporation. Among these, action is being taken to collect the arrears of property tax by sealing the non-residential buildings with high arrears in the respective zones. Accordingly, in all reformation cases, the assets are to be recovered using attachment, forfeiture and foreclosure sale. In this regard, 830 non-residential buildings with highest property tax arrears have been sealed from 1st January 2025 to 9th January 2025. 182 non-residential buildings including all 08 z...
Dalmia Cement Unveils its ‘RCF Expert’ Cement Range

Dalmia Cement Unveils its ‘RCF Expert’ Cement Range

Architecture, Home Improvement, LIFE & ARTS, Lifestyle, News
Bengaluru, 9th January 2025 : Dalmia Cement (Bharat) Limited, India’s leading cement company proudly unveiled its refreshed cement portfolio under the ‘Roof, Column, Foundation (RCF) Expert’ brand positioning, across its key markets in India. Its flagship products, Dalmia DSP RCF Expert ++ and Dalmia Cement (DC) RCF Expert, equipped with enhanced formulations and cutting-edge Nano Bonding Technology (NBT), are designed to meet the evolving needs of modern construction. The RCF Expert Range ensures higher strength, superior corrosion resistance and sturdier constructions built to stand the test of time. Dalmia Cement (DC), the mother brand with over 80 years of trusted legacy, stands out for its consistent quality and proven reliability, making it a preferred choice for diverse construction...
KONE to equip a five-star hotel and commercial complex in Sihanoukville, Cambodia

KONE to equip a five-star hotel and commercial complex in Sihanoukville, Cambodia

Architecture, News, Technology
 9 January 2025 KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide a suite of People Flow® solutions for the Peninsula Integrated Resort by Chinese foreign investment firm, Peninsula Bay Investment Co., Ltd. Constructed in Sihanoukville – a popular tourist destination in Cambodia’s Preah Sihanouk province – the development contributes to broader efforts to strengthen the country’s image as an economic hub. Once completed in 2026, the mega mixed-use development will be a prominent feature of Cambodia’s most popular beach resort, helping to attract both foreign tourists and businesses. Located in a prime location, the complex will offer retail, dining, cultural and entertainment facilities and house a five-star hotel with approxima...