Author: FWM

Nov202024 by FWMNo Comments

BFSI and Flex Spaces Emerged as Key Demand Drivers for Office Spaces: Vestian

Delhi, 19th November 2024: In the third quarter of 2024, BFSI and Flex Spaces emerged as key demand drivers for office spaces. . These sectors account for 39% of the pan-India absorption in Q3 2024, an increase of 20% from the previous quarter. Conversely, the share of IT-ITeS sector declined from 38% in Q2 2024 to 23% in the current quarter. This demand shift may alter the demand-supply dynamics across the country.Q3 2024 recorded the highest quarterly absorption rate in 2024, totalling 18.61 million square feet amid heightened geopolitical tensions in the Middle East. Moreover, an increase of 17% over the previous year and 9% compared to the last quarter in absorption could be attributed to India’s robust GDP growth compared to other major economies of the world which lured several ...

Nov202024 by FWMNo Comments

Godrej Properties Launches ‘ThisAble Me’ Internship Program, Reinforcing Commitment to Inclusivity for Persons with Disabilities

LIFE & ARTS, Lifestyle, News

Tuesday, Nov 19, 2024 16:11:12 |MUMBAI, India, Nov. 19, 2024 /PRNewswire/ -- Godrej Properties Limited (GPL), a leading player in India's real estate sector, is proud to announce the launch of the ThisAble Me Internship Program, a first-of-its-kind initiative designed to provide paid internship opportunities for Persons with Disabilities (PwD). This 9-month program offers hands-on training, mentorship from senior leadership, and a pathway to full-time employment with GPL, embodying the company's commitment to creating a more inclusive and accessible workplace.The ThisAble Me internship will be conducted across ten locations in India, including Delhi NCR, Kolkata, Nagpur, Chennai, Bangalore, Ahmedabad, Indore, Mumbai, Hyderabad, and Pune, providing opportunities to individuals fro...

Nov202024 by FWMNo Comments

JW Marriott New Delhi Aerocity Celebrates 11th Anniversary with an Immersive Sensory Experience

Architecture, LIFE & ARTS, Lifestyle, News

Tuesday, Nov 19, 2024 16:11:52PHOTO CREDIT| JW MarriottJW Marriott New Delhi Aerocity celebrated its 11th anniversary in spectacular style, marking over a decade of excellence in luxury hospitality. To commemorate this milestone, the hotel hosted an exclusive event featuring an exquisite six-course dinner, curated by acclaimed Berlin-based Chef Caique Tizzi. Held in the iconic Grand Crystal Ballroom, the evening was a true celebration of culinary artistry and global flavors.Reflecting on this milestone, Sandeep Gupta, Executive Chairman of Aria Hotels & Consultancy Services, said, “It’s been an amazing journey since 2013. Every year, we aim to bring something different, innovative, and creative. This year, we wanted to offer our guests and patrons a complete sensory e...

Nov202024 by FWMNo Comments

Prestige Group Wins Prestigious Sustainability Awards: GRESB Recognition and IGBC Green Champion Title

Lifestyle

Bengaluru, India, November 19, 2024: Prestige Group, one of India’s leading real estate developers, has been honored with two prestigious accolades for its commitment to sustainability initiatives— GRESB (Global Real Estate Sustainability Benchmark) recognition and the Indian Green Building Council (IGBC) Green Champion Award. These awards reaffirm Prestige Group’s unwavering commitment to sustainable development and innovative practices across its office ventures.GRESB recognized Prestige Group’s performance in environmental, social, and governance (ESG) practices, ranking its Mumbai office ventures as a Regional Sector Leader. Additionally, the IGBC Green Champion title highlights the Group's leadership in driving green building initiatives, with several of its Existing and under-dev...

Nov202024 by FWMNo Comments

Bentley Home opens its first store in the UAE

Architecture, News

Bentley Home launches its first store in Dubai and its first entry to the UAE market Celebrating 11 years of Bentley Home with Dubai launch ‘Furnished by Bentley Home’ the bespoke 360-degree interior design service available for commercial and private clients A physical space for Bentley Home showcasing its classics, groundbreaking materials and finishes as well as the latest collections(Crewe, 19 November 2024)Bentley Home is to launch its first dedicated showroom in the UAE in the heart of Dubai. Opening on the 11-year anniversary of Bentley Home, the new store has been much anticipated by clients in the region. It will showcase the latest collections alongside Bentley Home classics – all of which celebrate the form and function of the luxury car marque in the fine...

Nov192024 by FWMNo Comments

Birla Opus Paints Unveils Its 4th Factory at Chamarajnagar, Karnataka

News

Birla Opus Paints raises capacity to 866 MLPA, catapults to become the 2nd largest decorative paints player by installed capacity Chamarajnagar, Karnataka, India – Business Wire India Tuesday, Nov 19, 2024 17:11:29 Chairman of the Aditya Birla Group, Mr. Kumar Mangalam Birla, today unveiled the fourth plant of Birla Opus Paints, a division of Grasim Industries Ltd., at Chamarajnagar, Mysore. This fully automated, integrated paint plant commenced its commercial production today which raises the company’s manufacturing capacity to 866 MLPA (Million Litres Per Annum) and catapults Birla Opus Paints to become the 2nd largest decorative paints player by installed capacity.Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Our paints business speaks to a new India, a con...

Nov192024 by FWMNo Comments

BANGALORE TECH SUMMIT-2024

Business & Finance

Bengaluru, November 19 (Karnataka News):Chief Minister Siddaramaiah said that the Bangalore Tech Summit 2024 program is a unique platform for innovation, technology advancement and global collaboration. Speaking at the inauguration of the 27th edition of the Bangalore Tech Summit organized by the Department of Electronics, Information Technology and Biotechnology and Software Technology Parks of India (STPI) Bangalore at the Palace Ground today, the Chief Minister said that it is a matter of great pride for me to represent the state of Karnataka, which is at the forefront of India's technological transformation. In the early 20th century, Bangalore grew into a center for aerospace and defense manufacturing. thereby giving impetus to industrial growth. In the early 2000s under the vis...

Nov182024 by FWMNo Comments

Rents Surge 7.4% QoQ Across Major Cities, Rental yields increase to 3.62%: Magicbricks

News

Bengaluru, 18th November 2024 : Magicbricks, India’s leading real estate platform, published its latest Rental Update, highlighting that between July and September 2024, average rents increased 7.4% quarter-on-quarter (QoQ) across 13 major Indian cities[1] to INR 35.8 per square foot per month- the highest increase in the l ast 2 years. Chennai recorded the sharpest increase at 22.2% QoQ, moving from INR 17.94 psf in Q2 2024 to INR 26.91 psf in Q3 2024. Delhi and Thane also saw significant jumps, with Delhi’s average rent rising 11.4% QoQ to INR 37.55 psf and Thane’s rent increasing 10.9% QoQ to INR 33.10 psf. According to the report, Mumbai remains the priciest rental market at INR 86.50 psf per month, followed by Delhi at INR 37.55 psf and Navi Mumbai at INR 33.83 psf. Meanwhile,...

Nov162024 by FWMNo Comments

LONGi’s Solar Panels Enhance Sustainability in Bengaluru’s Residential Complex

Home Improvement, LIFE & ARTS, Lifestyle, News

BANGALORE, India, Nov. 15, 2024 /PRNewswire/ -- LONGi, in partnership with SolarSquare, has completed a 342 kW solar project using advanced Hi-MO 5 solar panels for a residential apartment complex in Bengaluru.Launched seven months ago, this solar project is set to save the residential complex up to $47,736 annually and has already generated an impressive 340,000 units of electricity. Thanks to the high efficiency of the solar modules, significant economies of scale, and the inherent advantages of rooftop solar, the project is projected to reach its break-even point within just 4.75 years.Before the installation of the rooftop solar panels, residents faced annual electricity costs of approximately $143,305. The switch to solar energy is expected to result in annual savings between ...

Nov162024 by FWMNo Comments

A RARE OPPORTUNITY TO OWN A HISTORIC PROPERTY IN NEW YORK’S VILLAGE

Architecture, World

NEW YORK, Nov. 16, 2024 /PRNewswire/ -- /NYR.com// -- Greenwich Village originally was a sleepy village outside of New York City. Rich New Yorkers who wanted to escape the growing city moved there to relax. This was in 1820, when only the most southern part of Manhattan was occupied. Today, the "Village" is one of the most desirable parts of Manhattan, surrounded by Tribeca, Soho, and Chelsea, and a quiet oasis in one of the most vibrant commercial centers of the world. Google, Disney, and Facebook built their headquarters within walking distance, and executives from these companies now love to make the Village district their home. The demand for rentals and sales has skyrocketed as new property cannot be built in this protected historic district. CREDIT:New Yor...