FWM – Page 21 – Property World Global

Mar72024 by FWMNo Comments

Bangalore records residential registrations of Rs 14,436 Crores in Q4 2023. Prestige leads in transactions while L&T Realty tops in volume.

Bangalore, 6th March 2024: Bangalore’s residential market sustains impressive growth in Q4 2023, recording 17730 transactions amounting to Rs 14,436 crores, as per Square Yards Data Intelligence for property registered by Inspector General of Registration (IGR), Karnataka. Bangalore-based Prestige Group reigned supreme in terms of units registered in this quarter, with 276 units, followed by Sobha Group at 218 transactions. In terms of sale value, L&T Realty emerged as a top contender, collecting Rs 1004 crores from the proceeds. Phoenix Mills claimed the second spot, capitalizing on the burgeoning demand for mid-segment and luxury homes, with Rs 307 crores worth of sales. Godrej Properties, Embassy Group, and Birla Estates were other developers who had a great run in the October-De...

Mar72024 by FWMNo Comments

Apartment Complex With Only Residential Flats To Be Registered Under Apartment Ownership Act Not Cooperative Societies Act: Karnataka HC

News

Bangalore; The Karnataka High Court has held that to manage and maintain an apartment complex consisting of only residential flats, the association of owners has to be registered under the Karnataka Apartment Ownership Act, 1972, and not under the provision of Karnataka Co-operative Societies Act, 1959. A single judge bench of Justice Anant Ramanath Hegde said “Admittedly, the project referred to above is a residential housing project. There is no commercial unit in the said project. A writ petition filed by some residential owners in the DS Max Starnest residential complex. It directed the Registrar of Co-operative Societies not to register a co-operative society to manage the housing complex. It also revoked the permission to raise share capital by members. The court directed bu...

Mar62024 by FWMNo Comments

Mahindra Group and Johnson Controls Launch Net Zero Buildings Initiative to Decarbonize Buildings in India

Home Improvement, Lifestyle, News

New Delhi, India: Wednesday, March 6, 2024 9:31PM IST (4:01PM GMT Strategic climate advocacy initiative will provide organizations, building owners and facility managers with information and resources to create sustainable spaces. Initiative to accelerate deployment of smart and sustainable buildings and support India’s Net Zero goals. Being launched with a toolkit document and will continue to be rolled out over the course of a year from March 2024 using virtual and in-person workshops. As India ramps up efforts to decarbonize its rapidly growing infrastructure of buildings, the Mahindra Group, one of India’s leading industrial enterprises, and Johnson Controls (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, today announced a first of its kind Net...

Mar62024 by FWMNo Comments

Farmers from all over the state are expected to converge at the Mela, which will take place at the GKVK premises on March 9 2023 • Kusum B Scheme – Karnataka Government Prioritizes Solar Pumpset Utilization

News

Raita Soura Shakti Mela' Set to Empower Karnataka Farmers with Solar Energy Solutions Farmers from all over the state are expected to converge at the Mela, which will take place at the GKVK premises on March 9 2023 • Kusum B Scheme - Karnataka Government Prioritizes Solar Pumpset Utilization Bengaluru, March 6, 2024—The Department of Energy, Government of Karnataka, is organizing the 'Raita Soura Shakti Mela' on March 9, 2024, at the esteemed premises of GKVK in Bengaluru. This groundbreaking event aims to diminish the reliability of conventional electricity for irrigation and promote self-sufficiency among farmers through the adoption of solar energy solutions. Key Highlights of the Mela • Distinguished by its informative sessions and interactive exhibits, the 'Raita Soura Sha...

Mar32024 by FWMNo Comments

TATA GROUP TO BUILD THE NATION’S FIRST FAB IN DHOLERA

Architecture, Business & Finance

Saturday, Mar 02, 2024 10:13:18 | Tata Electronics Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) will provide technology and execution support for the state-of-the-art greenfield facility in Gujarat to address the global semiconductor markets in the areas of automotive, computing, communications, and artificial intelligence MUMBAI, India, March 1, 2024 /PRNewswire/ -- In a significant step towards creating an indigenous ('Make in India, For the World') semiconductor ecosystem in India, Government of India has approved a proposal from Tata Electronics to build a mega semiconductor fabrication facility ('Fab') in Dholera, Gujarat in partnership with PSMC. The fab construction will begin this year with a total investment of up to INR 91,000 crores (~US$11bn) and wi...

Feb272024 by FWMNo Comments

Smart Lift and Mobility World Expo of Latest technological innovations in Real Estate from March 1 to 3 at BIEC.

Home Improvement, News

Bangalore, February 27: A three-day expo of advanced technological innovations in the field of real estate "smart lift and mobility" will commence from March 1 at Bangalore International Exhibition Centre. The expo will be unique and unprecedented in the sense that the latest and advanced technological innovations never showcased in the past will be on display in this International expo. More than 130 exhibitors, 60 and above experts and more than 3000 delegates will participate in this largest-ever expo.Among other sophisticated equipments that will be on display are elevators, mobility solutions, reformed and access-controlled entry and exit points, all related to real estate field will be part of this three-day expo.Prestigious awards are being given in this SLW world 2024 Internatio...

Feb252024 by FWMNo Comments

BBMP engineers get trained on making Bengaluru a walkable city

News

Bengaluru, 24 February, 2024 Bengaluru’s first-ever technical training aimed at making Bengaluru’s streets walkable and safe, was held for 34 engineers from Bruhat Bengaluru Mahanagara Palike (BBMP) was held recently in Bengaluru. The training was an extension of the Namma Raste programme in which BBMP is receiving technical support from WRI India under the Bloomberg Philanthropies Initiative for Global Road Safety (BIGRS). The programme aims to facilitate discussions towards making Bengaluru’s streets and public spaces safer, inclusive, accessible and resilient. The workshop was delivered by global experts from WRI India. The training began with focusing on four core systems of road project work and challenges faced by engineers in BBMP. WRI India shared global best practices tha...

Feb252024 by FWMNo Comments

A.S.S.E.T Society Inaugurated Elevate 2K24 Job Fair: Paving Pathways to Professional Excellence

Business & Finance, News

Bangalore – ASSET Society, a beacon of education and empowerment, proudly announces the launch of Elevate 2K24, a groundbreaking Job Fair aimed at connecting talent with unparalleled opportunities. In collaboration with Presidency College, this event brings together aspirants, esteemed companies' HR representatives, and visionary entrepreneurs in a collective pursuit of professional growth. Elevate 2K24 is not just a job fair; it is a transformative platform where dreams meet opportunities, skillsets find purpose, and collaborations shape the future. With the support of Presidency College and the active participation of HR professionals from leading companies, ASSET Society envisions this event to be a catalyst for shaping the destinies of 10,000 individuals and fostering the entreprene...

Feb252024 by FWMNo Comments

Gem Opencube Technologies Unveils World’s First WTC Machine in Karnataka

News

Planning to place WTC machines all parts of Karnataka by next year Bangalore: Gem Opencube Technologies, a pioneer in innovative vending solutions, launched the world's first WTC Machine also called as Digital Chai ATM in the state of Karnataka. The inauguration ceremony held at The Capitol Hotel, Raj Bhavan Road, Bangalore on 23rd February, 2024. The WTC Machine was launched by Dr. Sharan Prakash Patil, Honorable Minister of Medical Education and Skill Development, Government of Karnataka, Mr. Sharath Bache Gowda, Member of Legislative Assembly alongside Mr. P. Vinod Kumar, CEO and Founder of Gem Opencube Technologies and Mr. E. Venkatesh Yadav, MD of Gem Opencube Technologies also were present at the laucnhing ceremony. Gem Opencube Technologies has garnered acclaim for its grou...

Feb242024 by FWMNo Comments

Platform 65’s Spectacular Lucky Draw Contest: A Carnival of Surprises

Home Improvement, Lifestyle, News

Bangalore, 21 February 2024 – Platform 65, India’s largest train-themed restaurant is thrilled to announce its special Lucky Draw contest from January 20th to February 29th. On the last day of the contest, 150 participants will be declared as lucky winners with exciting gifts like a Microwave Oven, Mixer Grinder, Electric Cooker, and Electric Kettle creating an atmosphere of joy and celebration. Platform 65, India’s largest toy train-themed restaurant, is set to bring amazing surprises to its customers with this engaging contest. The contest will be conducted in all branches of Platform 65, ensuring widespread participation and making it a celebration that goes beyond geographical boundaries. With a duration spanning over a month, the contest provides plenty of time for individuals to p...