FWM – Page 67 – Property World Global

Aug102023 by FWMNo Comments

Embassy REIT Welcomes JPMorgan Chase to Its 1.1 msf Built-to-Suit Corporate Centre at Embassy TechVillage in Bengaluru

Thursday, August 10, 2023 8:28PM IST (2:58PM GMT) Bengaluru, Karnataka, India: Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, today announced that JPMorgan Chase has inaugurated its 1.1 msf built-to-suit office at Embassy TechVillage in Bengaluru. This state-of-the-art facility, which has been designed to JPMorgan Chase’s world-class specifications is constructed on LEED (Leadership in Energy and Environment Design), GOLD Building standards that redefines the workplace experience for its employees. Spread over 103 acres, Embassy TechVillage is a large-scale total business ecosystem with a marquee multinational occupier base that is located in one of India’s best-performing office markets...

Aug102023 by FWMNo Comments

Indian real estate entrepreneur Subhash Runwal receives the Lifetime Achievement Award at the RICS South Asia Awards

World

MUMBAI, India, Aug. 10, 2023 /PRNewswire/ -- Subhash Runwal, Chairman – Runwal, a leading real estate developer with a legacy of over four decades, was recognized with the Lifetime Achievement Award at the first-ever RICS South Asia Awards. RICS (Royal Institution of Chartered Surveyors) is a global industry body representing professionals across the country. Hosting its first-ever awards, it aimed to recognize global and Indian industry-leading achievements and demonstrate the upholding of the highest standards of professionalism and ethics by individuals and teams across built and natural environments. The award ceremony was graced by Nitin Gadkari, Minister of Road Transport & Highways, Govt. of India at The Lalit, Delhi. Subhash Runwal received the Lifetime Achievem...

Aug102023 by FWMNo Comments

Socionext Strengthens Design and Development Capabilities with New Office in Bangalore, India

Architecture

Expanded Presence Designed to Serve Customers Worldwide MILPITAS, Calif. and YOKOHAMA, Japan, Aug. 10, 2023 /PRNewswire/ -- Socionext, a global leader in the design and development of innovative System-on-Chip products, will open its new branch office in Bangalore, India, to bolster its engineering resources to support the company's global business expansion. The office is located at No:652 Khata No 4312/652, 22nd Cross, 23rd Main, HSR Layout, Sector-2, Bangalore-560102, India. Socionext America, the US subsidiary of Socionext, Inc., will head operations of the new India branch office, which is scheduled to open on August 16, 2023. Socionext Office in Bangalore, India Bangalore, known as the Silicon Valley of India, is a major hub for advanced technology and softwa...

Aug102023 by FWMNo Comments

Brigade Group’s Real Estate Sales stands at ₹ 996 Crores

Business & Finance

Consolidated Total Income at ₹ 685 Crores in Q1 FY24 Bengaluru, August 8, 2023: Q1 FY24 CONSOLIDATED FINANCIAL HIGHLIGHTS Total Income at ₹ 685 Crores EBITDA at ₹ 206 Crores PAT after MI stood at ₹ 39 Crores Total collections for the Q1 FY24 stood at ₹ 1,244 crores Brigade Group reported a revenue of ₹ 685 Crores and PAT after Minority Interest of ₹ 39 Crores in Q1 FY24. New bookings in real estate segment in Q1 FY 24 is 1.46 mn sft valued at ₹ 996 Crores. Brigade also reduced its real estate debt by ₹ 45 Crores, of which residential debt is fully repaid as of June 2023. The average cost of debt at the Group level is at 8.7% "During the quarter under review, we maintained steady growth across all segments: residential, office, retail, and hospitality. Our pipeline across bus...

Aug92023 by FWMNo Comments

New Coffee Champion Crowned at TWC National Barista Championship in Bengaluru

Home Improvement, World

Bengaluru, August, 2023:Photos By P.K.Ananth Kumar The exhilarating Third Wave Coffee National Barista Championship recently brewed up a storm at Bengaluru's Royal Orchid early this month, leaving the crowd buzzing and the espresso machines whirling with excitement. Picture this: espresso machines whirling, the crowd buzzing with anticipation. The competition was fierce, but only one barista emerged triumphant, winning not just the champion's title but also an incredible three-day journey to Italy, courtesy of Three One Coffee Engineering. This once-in-a-lifetime adventure includes an immersive visit to the La Marzocco Academia, engaging espresso tasting sessions, and tours of the Accademia Del Caffe Espresso and Fiorenzato factory in Venice. The crack of dawn marked the start ...

Aug92023 by FWMNo Comments

Mori Building to Open Azabudai Hills on November 24, 2023

Architecture, World

Modern Urban Village with a huge open space filled with lush greenery in the world’s largest metropolis Panoramic View(Day)1 © DBOX for Mori Building Co., Ltd - Azabudai Hills (Graphic: Business Wire) August 07, 2023 10:30 PM Eastern Daylight Time TOKYO--(BUSINESS WIRE)--Mori Building Co., Ltd., Japan’s leading urban landscape developer, announced today that Azabudai Hills, a multi-use complex and new world-class neighborhood in Central Tokyo, will open on November 24. This Toranomon-Azabudai District Category 1 Urban Redevelopment Project has been promoted by Mori Building, others, and around 300 landowners for approx. 35 years. “Olafur Eliasson Exhibition: A Cycle of Interconnect...

Aug82023 by FWMNo Comments

Exclusive Table Extensions by Hafele

Home Improvement

Bangalore, Karnataka, India Whether it’s a sprawling apartment or a plush studio flat, transformable furniture is fast becoming the de facto interior scheme for residential and commercial spaces. With different spheres of our lives integrating and the need for space optimization, there is an increasing desire for incorporating multi-functional spaces within the interiors which act as communal centers for family activities or office meetings or relaxation as and when the need arises. Hafele brings to you an assortment of transformable furniture fittings that virtually multiply the space available and hence is named - Space2. The table extensions from this range readily create space in addition to your existing kitchen worktop, which serves multiple purposes in various scenarios th...

Aug82023 by FWMNo Comments

Garodia Group Unveils Girivan La Quinta: Exquisite Luxury Overlooking Mumbai’s Verdant Golf Course

Architecture

MUMBAI, India, Aug. 8, 2023 / -- Garodia Group, renowned for its commitment to excellence in real estate, launched its latest project, Girivan La Quinta in Chembur, Mumbai. This luxurious residential development, offering majestic views of the prestigious Bombay Presidency Golf Course, offers a distinctive living experience, combining convenience, elegance, and superior amenities. Designed by globally renowned architect Sanjay Puri, the 18-storey apartment building showcases the perfect blend of contemporary design and functionality.The OC (Occupancy Certificate) for Girivan La Quinta was obtained six months in advance, demonstrating compliance with regulatory standards and ensuring a secure investment for prospective buyers. Girivan La Quinta is strategically located in the qu...

Aug82023 by FWMNo Comments

FabHotels Add 100+ Premium Hotels Making Luxury Stay Affordable

Business & Finance

08/08/2023 Gurgaon, Haryana, India The fastest-growing budget hotel chain in India, FabHotels, has now added 100+ premium hotels to its collection. Since its inception in 2014, FabHotels has expanded to 100+ premium hotels making luxury stays affordable in Indian cities. FabHotels is growing every day with 1500+ hotels in 80+ cities. The entire hotel portfolio of FabHotels is divided into 4 categories - FabExpress, FabHotel, FabHotel Prime, and FabEscape. FabHotel Prime is a collection of premium-quality hotels that offers top-quality services along with other perks. The well-equipped rooms in these hotels provide premium amenities that are designed with a contemporary theme flaunting rich interiors. These hotels have highly trained staff who are well-versed in the requirements ...

Aug82023 by FWMNo Comments

Property Finder launches all-new Data Guru as the demand for property grows in the region

Business & Finance

The new tool aims to empower home seekers for better decision making DUBAI, UNITED ARAB EMIRATES, 8 August 2023: Property Finder, the leading property portal in the MENA region, has announced the launch of Data Guru – a new set of features that unlocks insights and data about properties to allow better decision-making. The new tool within the Property Finder website and app serves as a one-stop solution for all the information home seekers are typically looking for. As a trusted partner on the home search journey, Property Finder continues to innovate to address critical pain points in the home search journey which include a time-intensive property research process, absence of comprehensive data, as well as lack of trust and transparency. To address these issues, Property Finder has...