Business & Finance – Page 11 – Property World Global

Dec52023 by FWMNo Comments

Wipro Consumer Care and Lighting announces its 15th acquisition with a new addition of Personal Wash Brands – Jo, Doy, and Bacter Shield

Bengaluru, Tuesday, December 5, 2023 – Wipro Consumer Care and Lighting, announced its 15th acquisition by acquiring Jo, Doy, and Bacter Shield, brands from VVF (India) Limited. This is also the company’s third acquisition within the last twelve months. The acquisition will be a strategic expansion for Wipro in the personal wash segment. Jo toilet soap is the key brand with a significant play in North, East and West markets. Doy operates in the premium segment with differentiated positioning, and Bacter Shield has an antibacterial range of soap and handwash. These brands together recorded a revenue of over INR 2100 MN during FY23. Mr. Vineet Agrawal, CEO of Wipro Consumer Care and Lighting, and Managing Director, Wipro Enterprises expressed enthusiasm about the acquisition, ...

Nov212023 by FWMNo Comments

Bengaluru Office Market dull in Jul-Sep; Hyderabad shines with sharp jump in Demand-Supply

Business & Finance, News

Bengaluru, Hyderabad and Chennai contributed 58 per cent to total office leasing and 70 per cent to new supply during Q3 of this calendar year. New Delhi, 20th November: India’s most prominent office market Bengaluru remained slow during the July-September period as office space gross leasing fell by 28 per cent year-on-year while new supply declined 25 per cent, according to Vestian. Real estate consultant Vestian expects office demand in Bengaluru to rise with large IT companies calling their staff back to office. Vestian has released its office market report for the third quarter of this calendar year, showing 21 per cent growth in office leasing and 26 per cent increase in new supply across top seven cities. As per the data, the absorption of office space in the July-Septem...

Nov102023 by FWMNo Comments

Bid Your Price for Multiple Items ; Karnataka’s biggest digital auction to be held at LuLu Mall Bengaluru

Business & Finance, Lifestyle, News

' Nov 09, 2023 13:46 IST Lulu Digex Auction ' will enable deal-hungry buyers to get their hands on the latest technology and sleek-looking designs in gadgets, home appliances, electronics, and home essentials just for rupee one.The auction can be available for many products, where the participants can bid for the items and get products at the price of their wish. This most exclusive auction fest begins at LuLu Mall in Bengaluru on Friday at 4 p.m. with its latest consumer tech products. Savvy shoppers are gearing up for an amazing opportunity to grab their favourite products with their own bid price. More than 15 products from the major brands will be available for bidding. Drawing an impressive line-up of top brands from around the world and will be a magnet for shoppers, technology e...

Nov62023 by FWMNo Comments

Strong sales momentum and operational discipline continues to drive SOBHA’s performance

Business & Finance

Bangalore, 6 November 2023 Sobha Limited (SOBHA) announced its financial results for the quarter ending September 30, 2023 (Q2-FY24).SOBHA delivered a strong quarter yet again on account of remarkable sales and operational performance. Robust growth in sales has been recorded across all operating regions quarter on quarter, reinforcing strong commitment towards sustainable growth Brief highlights include: • Highest ever quarterly sales value of Rs. 17.24 billion, up 48.1% compared to Q2-FY23 • Historically highest quarterly new sales area of 1.69 mn sft, up 26.1% over Q2-FY23 • Average Price realization Rs. 10,223 per sft, increase of 17.4% compared to Q2-FY23 • A new milestone of over 1,000 homes sold in a quarter • Highest ever quarterly Real Estate collections at Rs. 12,598 mn ...

Nov32023 by FWMNo Comments

Pantaloons unveils ‘Pantaloons OnLoop’ in India

Architecture, Business & Finance, News

Launches first flagship store under this concept in Bengaluru Bengaluru; November 3, 2023: -Photo and Video By..P.K.Ananth Kumar Pantaloons, India’s leading fashion brand from Aditya Birla Fashion and Retail Ltd., in a historic step towards transforming the fashion retail environment, announced the grand launch of its very first Pantaloons OnLoop store in JP Nagar, Bengaluru today. Pantaloons OnLoop is a playful, distinctive, technology-first experiential store, designed for the young and modern customer who is seeking fun and excitement in all they do. The new store spread over a sprawling 70,000 sq. ft. is a sensory feast, offering experiences beyond fashion, with a spectrum of 50+ fashion brands across categories of Apparel, Footwear, Watches, Sunglasses, Cosmetics, Bags an...

Nov32023 by FWMNo Comments

Provident Housing Unveils the 12th Edition of Bengaluru Home Habba

Architecture, Business & Finance, Home Improvement, News

03/11/2023 Bengaluru, Karnataka, India – Business Wire India Provident Housing Limited, part of the Puravankara Group (BSE: 532891), one of India’s most trusted developers, is organising the 12th edition of the Bengaluru Home Habba. This three-day home festival, which began today, will continue till November 5 at the Sindhoor Convention Centre in JP Nagar, Bengaluru. The Bengaluru Home Habba will offer home buyers savings of up to Rs. 15 Lakh* on select homes. Customers signing an agreement at the festival will also get a cashback of Rs. 50,000 during the booking process. Additionally, there will be a ‘Spin the Wheel’ setup, where every customer booking a Provident home will win assured offers, each worth Rs. 51,000. These offers span across home automation, gold vouchers, travel vo...

Nov22023 by FWMNo Comments

Children’s Furniture Brand Smartsters Launches its First Brick and Mortar – a Store-in-store at the Iconic Crossword Bookstore

Architecture, Business & Finance, Lifestyle

Mumbai, Maharashtra, India Smartsters brings a child-like curiosity to Crosswords! Get ready, parents and children alike, for Smartsters’ first Shop-in-Shop experience at Crossword’s flagship store! Smartster’s brand launched its kid’s furniture in crossword Introducing Smartsters - A Wonderland of Imagination in the Heart of Mumbai! The enchanting world of children's literature is about to get even more magical as Kemps’ Corner Crossword proudly announces the grand opening of "Smartsters" a dedicated kids' furniture store, nestled within the hallowed aisles of the iconic bookstore. Smartster’s brand launched its kid’s furniture in crossword Smartsters’ Bikram Mittra, Head of Design, expressed his enthusiasm for the venture, stating, "We believe t...

Nov22023 by FWMNo Comments

Festive push to residential real estate momentum of 2023

Business & Finance, World

Last quarter invariably witnesses more than one-third of housing sales Homebuying in India fundamentally remains an emotive concept Repo rate movements affect individual preferences more than industry-wide trends Mumbai, India, 02 November 2023: Indian residential real estate market is typically an interplay of two fundamental factors. Market sentiment and the financial impact on buyers’ pockets have a tangible impact on home-buying decisions. Auspicious purchase periods and festive quarters have always underscored housing sector, even in periods of comparatively slower activity such as COVID-19 pandemic and NBFC sector lending crisis. The fourth quarter of October-December especially and festive offerings by developers and banks & financial institutions are quite synonymous...

Nov22023 by FWMNo Comments

Mumbai ranks 4th on Prime Global Cities Index in Q3 2023, showcasing impressive growth: Knight Frank

Business & Finance, World

Average annual prices rose 2.1% across the 46 markets Mumbai, New Delhi and Bengaluru witnessed YoY growth in prime residential prices in Q3 2023 Manila overtook Dubai and was ranked 1st in the index, with prime residential prices rising by 21.2% YoY in Q3 2023 Mumbai, 1st November 2023: Knight Frank, a leading international property consultancy, in its recent report ‘Prime Global Cities Index Q3 2023’ noted that Mumbai, Bengaluru and New Delhi, all the 3 Indian cities considered for the study recorded an increase in average annual prices of prime residential or luxury homes in Q3 2023. Mumbai recorded the 4th highest YoY growth in prime residential prices in Q3 2023. The 6.5% increase in prime residential prices has moved the city up by 18 places from 22nd rank in Q3 2022. Ne...

Nov22023 by FWMNo Comments

Property Finder reports record 81% YoY surge in transaction value in existing property market to AED 25.7 billion for October 2023

Business & Finance, News, World

Highlights: Overall, October 2023 witnessed 7,128 transactions worth AED 29.7 billion Transaction volume in the existing property segment grows by 36.8% to 5,602 Strong interest in furnished rental apartments continues DUBAI, UNITED ARAB EMIRATES, 02 November 2023: Property Finder, the leading property portal in the MENA region, has revealed key trends shaping Dubai’s dynamic property market in October 2023. The month saw 7,128 real estate transactions worth a total of AED 29.7 billion, recording a 17.46% increase in value compared to the same month last year. According to the latest data, 60% of property buyers were looking for an apartment, while 40% were interested in villas/townhouses. Meanwhile, in the rental market, around 82% of tenants were searching for apartments...