Thursday, April 23News That Matters

Author: FWM

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

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

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...
Holcim completes acquisition of majority stake in Cementos Pacasmayo.

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...
Orient Electric Launches India’s First Oxygen-Enriching Fan Aero O2.

Orient Electric Launches India’s First Oxygen-Enriching Fan Aero O2.

Architecture, Home Improvement, Lifestyle, News
Tuesday, Mar 31, 2026 17:03:06 | Orient ElectricAero O2 restores up to 90% oxygen, detoxifies, and revitalizes homes New Delhi,India – Business Wire India- Orient Electric Limited, part of the USD 3 billion CKA Birla Group, today unveiled Aero O2, a first-of-its-kind lifestyle innovation that evolves the ceiling fan from simple air movement to active air revitalization. Powered by patented Bio-Oxy Plasma ION+ Technology, Aero O2 is India’s first oxygen-enriching fan designed to create a fresher, more energizing indoor atmosphere for modern urban homes. Urban consumers today spend more time indoors than ever before, often in enclosed, air-conditioned spaces where the air can feel heavy. Clubbed with challenges of urban deforestation and plummeting air quality, this presents a healt...
Luxury Is Moving Inward: Tier 2 Cities Lead India’s Aspirational Housing Shift.

Luxury Is Moving Inward: Tier 2 Cities Lead India’s Aspirational Housing Shift.

News
New Delhi,India,Mar 28, 2026 11:35 ISTFor years, the narrative of luxury housing in India has been defined by an aspirational drift toward metropolitan skylines. That axis is now reversing. Tier 2 cities are no longer only shedding their status of being merely ‘emerging’ to reveal themselves to be self-sustaining ecosystems of high aspirations where luxury is no longer merely an import, but an inherent attribute of their very fabric.Luxury living takes root in emerging cities, where modern residences, green spaces, and community-driven design reflect evolving aspirations and local prosperityThe fulcrum has shifted from salary-driven wealth to enterprise-driven prosperity, with family-owned businesses reaching unprecedented heights, startup success achieving signif...
Dulux Weathershield brings a ‘Colourful and Powerful’ Holi to Consumer Doorsteps with Blinkit.

Dulux Weathershield brings a ‘Colourful and Powerful’ Holi to Consumer Doorsteps with Blinkit.

Architecture, News
Mini Paint-buckets deliver Maximum Impact Gurgaon, Haryana, India (NewsVoir)     Friday, Mar 27, 2026 17:03:32 This Holi, Dulux brought alive the core promise of its flagship exterior paint brand Dulux Weathershield - “It’s Colourful. It’s Powerful” to life through a playful campaign. Building on its earlier campaigns showcasing performance in extreme climates such as the scorching +50°C heat of Jodhpur and the freezing –30°C temperatures of Spiti Valley, the brand created a festive ‘Colourful and Powerful’ Holi activation. As part of the “Colourful & Powerful Holi” campaign, Dulux Weathershield collaborated with Blinkit to surprise consumers in select cities. During the Holi period, some Blinkit orders included a complimentary gulal packed inside adorable miniature Dulux Weathersh...
Puravankara unveils portfolio of 30 projects across South India and Mumbai with a GDV of over Rs 55,000 crores in the next 24 months.

Puravankara unveils portfolio of 30 projects across South India and Mumbai with a GDV of over Rs 55,000 crores in the next 24 months.

News
Reinforces sustainability commitment with pledge to plant 1 million trees by 2030 under the World Economic Forum’s 1t.org initiativeBengaluru: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India’s most trusted and admired real estate developers, today announced its plans to unveil 30 projects over the next 24 months, primarily across South India and Mumbai. The planned pipeline comprises nearly 51.14 million sq. ft. of developable area, with an estimated Gross Development Value (GDV) of over Rs 55,000 crores, marking a significant step-up in the company’s growth trajectory. Out of the 30 projects, a significant number are already in the approval stage, while the remaining are in the design stage, with approvals set to be initiated shortly.This next phase of expansion refle...
Take up Special Development Plan & Chief Minister’s Infrastructure Development Works urgently: Daljit Kumar

Take up Special Development Plan & Chief Minister’s Infrastructure Development Works urgently: Daljit Kumar

News
Bengaluru, Mar. 24:2026-The Additional Commissioner (Development) of Bengaluru Central City Corporation, Daljit Kumar, while chairing a meeting with engineering officials today, instructed that works under the SIP and Chief Minister’s Infrastructure Development Programme (CMIDP) across the six assembly constituencies under the corporation limits be taken up on priority.He directed officials to expedite works such as desilting and development of stormwater drains, footpath development, and pothole filling, and to ensure that ongoing works are completed at the earliest.In view of the approaching monsoon, he emphasized the need to remove silt accumulated in drains on both sides of roads to ensure smooth flow of rainwater and to undertake redevelopment of drains wherever necessary....
Take Preventive Measures Before Monsoon and Avoid Untoward Incidents – Pommala Sunil Kumar

Take Preventive Measures Before Monsoon and Avoid Untoward Incidents – Pommala Sunil Kumar

News
Coordination Meeting on Road Widening and TDRA comprehensive review meeting was held today at the Commissioner’s Office under the chairmanship of BNCC Commissioner Sri Pommala Sunil Kumar to review road widening, Transferable Development Rights (TDR), and progress of various works within the BNCC jurisdiction.During the meeting, the progress of works under the ‘Suraksha-75’ initiative covering 16 junctions was reviewed. Excluding junctions pending due to Metro works, underpasses, and flyovers, the Commissioner directed officials to expedite and complete the remaining 9 junction works at the earliest.Key Directions Issued by the Commissioner:🔹 Identify and eliminate waterlogging points before the monsoon 🔹 Ensure smooth traffic flow at major junctions 🔹 Implement innovativ...
Anjarle: An Elevated Horizon by the Arabian Sea

Anjarle: An Elevated Horizon by the Arabian Sea

News
Saturday, Mar 21, 2026 11:03:11 | Liases Foras Real Estate Rating & Research Pvt LtdA Liases Foras white paper identifies Maharashtra's Anjarle as India's most structurally compelling coastal land market — undersupplied, infrastructure-primed, and priced at a fraction of Goa.MUMBAI, India, March 20, 2026 /PRNewswire/ -- The Arabian Sea clifftop that independent researchers are calling India's most undervalued coastal land market is not in Goa. It is in Anjarle — a geologically dramatic stretch of Maharashtra's Konkan coast where laterite cliffs fall to untouched sands, Olive Ridley turtles nest at the waterline, and the supply of buildable land is fixed, by law and by nature, at its current level.Independent Research Projects Up to 5x Land Price Appreciation Over ...