Author: FWM

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

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...

Nov292024 by FWMNo Comments

Nurse Maria Victoria Juan from Philippines wins the prestigious Aster Guardians Global Nursing Award 2024

Lifestyle, News

Bengaluru, India, 28 November 2024: Nurse Maria Victoria Juan from Philippines, a Consultant at Philippines Army Health Services and Colonel, Reserve Force of the Armed Forces of the Philippines, has been announced as the winner of Aster Guardians Global Nursing Award 2024 and awarded with INR 2 Crore at a prestigious award ceremony held in Bengaluru, India. The winner was announced by Dr. Azad Moopen, Founder Chairman of Aster DM Healthcare, and presented by Dinesh Gundu Rao, Minister of Health and Family Welfare, Government of Karnataka alongside Bollywood actress Sonali Bendre, U. T. Khader, Speaker of the Karnataka Legislative Assembly, Alisha Moopen, Deputy Managing Director – Aster DM Healthcare India and T J Wilson, Executive Director and Group Head – Governance & Corporate A...

Nov282024 by FWMNo Comments

MotoHaus Launches its First Dealership Showroom in Bangalore, Offering Premium Brixton Bikes and VLF Electric Scooter

News

Bangalore, 28 November 2024: MotoHaus, a venture of KAW Veloce Motors Pvt Ltd (KVMPL), India’s premier bike emporium, launched its first dealership in Bangalore today with Infini Energy Motors as their official Dealer Partner. This milestone marks MotoHaus’ commitment to expanding its footprint in India, offering an exciting range of iconic motorcycles and eco-friendly scooters tailored to meet the diverse needs of the city’s riders.The new dealership features a premium selection of vehicles, including recently launched, Austrian Brand Brixton Motorcycles: Crossfire 500X, Crossfire 500XC, Cromwell 1200, Cromwell 1200X along with Italian brand VLF Tennis Electric Scooter. These globally renowned bikes, recently launched by MotoHaus, bring exceptional craftsmanship to Indian riders.B...

Nov282024 by FWMNo Comments

Appointment of Nodal Officers to Each Ward to Redress Citizens Grievances: Circular from Chief Commissioner.

News

Bengaluru: November 27:In order to redress the grievances of the public in all the wards of BBMP, Chief Commissioner Mr. Tushar Giri Nath has issued a circular appointing one officer as a nodal officer for the ward.On the instructions of Deputy Chief Ministers and Bangalore Urban Development Minister, one officer has been appointed as Nodal Officer for each ward in all zones.It has been directed that the said officers must be present in the wards assigned to them every Wednesday during the office hours from morning to evening, hold meetings with the public, listen to their complaints and solve the problems in collaboration with other ward level officers.Necessary steps should be taken to give appropriate publicity to the public about the public meeting held every Wednesday...

Nov272024 by FWMNo Comments

Mahindra Lifespaces announces continuing partnership with Sumitomo Corporation for its Industrial Clusters business

Architecture, News

Mumbai, November 22, 2024 – Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development arm of the Mahindra Group, through its subsidiary Mahindra World City Developers Limited (MWCDL), has announced the second phase of their Industrial Parks project in Tamil Nadu under the brand “Origins by Mahindra,” in partnership with Sumitomo Corporation, Japan. This expansion marks a significant step in enhancing industrial growth in the region.The Joint Venture Agreement originally signed in 2015, with Sumitomo Corporation was further strengthened today through a Supplemental Agreement which involves an investment of approximately ₹225 crores by MWCDL and Sumitomo Corporation, Japan in Mahindra Industrial Park Chennai Limited (MIPCL), in proportion of their existing...

Nov272024 by FWMNo Comments

Nuvoco Introduces Ze`ro M Tile Adhesive T5 – Redefining Durability and Versatility in Tile Fixing

Architecture, Home Improvement, News

Bengaluru, 25th November 2024 : : Nuvoco Vistas Corp. Ltd., India's fifth-largest cement company, has launched the unique Nuvoco Zero M Tile Adhesive T5. This two-component epoxy-based polyurethane (PU) adhesive is designed to offer unmatched performance for fixing all types of tiles and stones on a variety of substrates in both interior and exterior applications, setting new benchmarks in the Building Material industry. The Nuvoco Zero M Tile Adhesive T5 sets new standards in versatility and durability for specialized installations. Its unique formulation makes it possible to easily fix tiles and stones to a variety of surfaces, including cement sheet, Bison panels, Wood, Gypsum Board, PVC, and metal, as well as ceramic and vitrified tiles, natural stone, glass mosaics, and porcelain T...

Nov252024 by FWMNo Comments

Locks by Godrej’ launches ‘Fear is Good’ campaign on Home Safety Day 2024

Architecture, LIFE & ARTS, Lifestyle, News

Unveils new smart lock range 'Advantis IoT9 Co-conceptualised with Whyness Worldwide agency and Director Mr. Nikhil Mahajan to spark a shift in Home Safety Awareness Unveils new smart lock range 'Advantis IoT9> https://youtu.be/JybgjhHoYLwMumbai, November 13, 2024: The Locks & Architectural Fittings and Systems business of Godrej & Boyce, a part of Godrej Enterprises Group, a brand synonymous with trust, quality, and safety, today celebrated Home Safety Day 2024, aimed at raising home safety awareness across India. To commemorate the occasion, Locks by Godrej has unveiled its new campaign, ‘Fear is Good,’ aimed at encouraging Indian homeowners to view home safety as a proactive responsibility. In collaboration with Whyness Worldwide, led by acclaimed director Mr. Nikhil ...