Author: FWM

Dec52024 by FWMNo Comments

Magicbricks scales up Site Visit Product in Bengaluru with 100+ builders; Launches Property Visit Fest

Home Improvement, LIFE & ARTS, Lifestyle, News

Delivered 7,500+ site visits, achieving 400+ home bookings in just 6 months; Achieved an Average ticket size of INR 1.25 crore per home booking Launches India’s first Property Visit Fest to further stimulate demandBengaluru, 6th December 2024 : Responding to rising residential demand, Magicbricks, India’s leading real estate platform, has scaled its Site Visit Product in Bengaluru by partnering with over 100 developers, including leading names like Sumadhura Developers, Provident Group, and Epitome Builders.In its first year of operation, the program facilitated more than 7,500 site visits across 150+ projects, leading to 400+ confirmed home bookings, with an average ticket size of ₹1.25 crore.The Site Visit Product simplifies property exploration for homebuyers and boosts ...

Dec52024 by FWMNo Comments

CSR Initiative by Sapiens Technologies Brings a Modern Smart Bus Stop to Koramangala .

News

Bengaluru:Shilpa Foundation, in partnership with Sapiens Technologies India Pvt. Ltd., has unveiled a state-of-the-art Smart Bus Stop on Adugodi Road, Koramangala. This new bus stop, designed to enhance commuter convenience, was officially inaugurated today and handed over to the Bruhat Bengaluru Mahanagara Palike (BBMP). Former Mayor Manjunath Reddy presided over the inauguration, accompanied by Sushil Mahla and Nisha Hegde from Sapiens Technologies, along with Achuth Gowda from Shilpa Foundation.As part of its commitment to transforming Bengaluru’s public transportation system, Shilpa Foundation, with the support of Sapiens Technologies, has successfully installed modern Smart Bus Stops in three key locations across the city. These Smart Bus Stops, developed under the "Brand Beng...

Dec32024 by FWMNo Comments

Marble Centre International Unveils ‘A Shared Memory’ at Designuru 4.5

Architecture, LIFE & ARTS, Lifestyle, News

A Shared Memory, Marble Centre International’s entry for the Folly installation at Designuru 4.5, stands as a testament to the brand’s commitment to innovation and craftsmanship.Bangalore, November 2024: Designuru 4.5, hosted by the Indian Institute of Interior Designers (IIID) Bengaluru, celebrates design that lies at the intersection of art, culture, architecture, and creativity in the vibrant city of Bangalore. The sixth edition of this collaborative festival seeks to position Bengaluru as the design capital through thought-provoking installations, workshops, keynote presentations, a showcase of award-winning work, fireside chats and much more that challenge conventional perspectives of design. A Shared Memory, the installation by Marble Centre International (MCI), the premier brand...

Dec32024 by FWMNo Comments

Rejuvenate Your Mind, Body and Soul at These Airbnbs in India

Home Improvement, LIFE & ARTS, Lifestyle, News

Tuesday, Dec 03, 2024 14:12:18 Mumbai, Maharashtra, India (NewsVoir) As the New Year approaches, it’s time to rejuvenate, reflect, and recharge for the year ahead. What better way to embrace 2025 than by escaping to a tranquil Airbnb stay that offers the perfect balance of wellness, and nature? Whether you’re dreaming of meditating by Goa’s peaceful beaches, practicing yoga in the mountains, or indulging in ayurvedic treatments amidst Kerala’s lush greenery, these Airbnb stays promise a refreshing start to the New Year. Wellness and Yoga Retreat with Sara Ali Khan is based in a lush, jungle-style oasis in Goa for a mindful experience. The retreat seamlessly blends the indoors and outdoors and features a biophilic design surrounded by dense foliage, tall bamboo trees, and fr...

Dec32024 by FWMNo Comments

Spacez Launches First-Ever Year-End Sale for Luxury Homestays in Metro Cities

Architecture

Bengaluru, Karnataka (India), December 03, 2024: New Year’s is just around the corner, and Spacez, a hospitality startup, has announced its much anticipated first-ever year-end sale. The sale comes at a time when families are looking to unwind, promising incomparable luxury homestays and villas in India’s most happening metro cities. For the first time, a hefty ₹1,500 discount and a special surprise gift are included in the Year End sale, making luxury living more accessible to a broader audience. The Bengaluru-based startup is taking steps to change how professionals, travellers and residents experience premium accommodations. Spacez Brings Urban Luxury Living in Indian Cities Spacez is the first Indian brand to conceptualise and execute high-end homestay services in metro cities like ...

Dec32024 by FWMNo Comments

Housing prices in top eight Indian cities continue to rise, at 11% YoY: CREDAI – Colliers – Liases Foras| Housing Price-Tracker Report Q3 2024

News

Average housing prices surged 11% YoY, 15th consecutive quarter of price increase starting 2021With more than 30% rise, Delhi NCR saw the highest YoY growth, followed by Bengaluru at 24% Unsold inventory continued to drop on a quarterly basis, albeit still at high levelsIndia, 02 December 2024: Average housing prices across the top eight markets in India rose 11% YoY at INR 11,000 per sq ft during Q3 2024, led by sturdy demand and positive market sentiments. Interestingly, average housing prices have increased for the 15th consecutive quarter since 2021. All the eight major cities saw an annual increase in housing prices with Delhi NCR witnessing the highest rise at 32% YoY, followed by Bengaluru at 24% YoY rise during the quarter. After registering record high sales over the ...

Dec32024 by FWMNo Comments

Huge Upside Potential for REITs in India, INR 4.5 Lakh Cr Worth of Prime Office Stock is REIT-worthy – Vestian

News

New Delhi, 3rd December 2024: Vestian's latest report on ‘REITs: Reshaping India’s Commercial Space’ states that 60% of India’s total Grade-A office space qualifies as REIT-worthy, highlighting the upside potential of REITs to transform the commercial real estate investment landscape. However, India’s REIT market is currently at a nascent stage compared to major global economies with only four listed REITs, covering an area of 125 Mn sq ft across the retail and office markets.Gradually, REITs are becoming popular among foreign and domestic investors owing to attractive returns in the form of dividends. Since their inception, REITs have distributed INR 16,800 crore, more in dividends compared to the entire NIFTY Realty Index. Despite producing better returns compared to the NIFTY Realty...

Nov292024 by FWMNo Comments

Why Bengalureans Are Choosing Mysuru: A Real Estate Boom Driven by Connectivity and Quality of Life

Architecture, LIFE & ARTS, Lifestyle, News

Mysuru, Karnataka, IndiaAs Bengaluru grapples with rising property prices, relentless traffic, and urban congestion, many Bengalureans are shifting their preference to Mysuru's booming real estate market. Enhanced by key infrastructure developments like the Bengaluru-Mysuru Expressway and NICE Road, Mysuru is now offering a unique blend of affordability, accessibility, and a superior quality of life. With commute times from Mysuru to Bengaluru often shorter than navigating within Bengaluru itself, the city is fast becoming the preferred choice for IT professionals and families alike.The evolving urban landscape of MysuruBengaluru vs. Mysuru: A Tale of Two Cities Bengaluru, often hailed as India’s Silicon Valley, has long been a magnet for IT professionals. Howeve...

Nov292024 by FWMNo Comments

DBS Bank Leverages Asian Network, Digital Expertise to Enhance Wealth Offering for HNI and NRI customers

Business & Finance, News

DBS Bank launches digital account opening for Non-Resident Indians (NRIs) that lets new customers complete the account opening process, besides document submission, in an industry-leading 60 minutes[1]DBS opens new flagship branch in Indiranagar, Bengaluru designed for High-Net-worth Individuals (HNIs) and Non-Resident Indians (NRIs) to service both onshore and offshore banking needsDBS high net worth customers can now avail premium banking in all of DBS’s six key markets in Asia; being a DBS Treasures customer in one market gives them the same DBS Treasures privileges in all DBS markets Bengaluru, 28 November, 2024 – DBS Bank has announced a significantly enriched wealth proposition for its customers in India, building on its existing offering and introducing new, digitally e...

Nov292024 by FWMNo Comments

Bank of Baroda raises Rs. 3,500 crore at a coupon of 7.41% p.a. through the issuance of Basel III Compliant Tier II Capital Bonds

Business & Finance

Mumbai, November 28, 2024: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced that it has raised Rs. 3,500 crore through the issuance of Basel III Compliant Tier II Capital Bonds. The Bank received a strong response from investors, which allowed it to price the issue at a very competitive coupon of 7.41% p.a. The Bank received a total of 120 bids amounting to Rs. 9,500 crore against the base issue size of Rs. 1,000 crore and a Greenshoe option to retain oversubscription up to Rs. 2,500 crore (total issue size of Rs. 3,500 crore). This translates to oversubscription of 9.5 times of the base issue size and ~2.7 times of the total issue size. The Bank accepted bids for Rs. 3,500 crore at a coupon of 7.41% p.a.The bonds are rated ‘AAA’ with a Stable outlook...