Business & Finance – Page 4 – Property World Global

Apr102025 by FWMNo Comments

India Defies Global Office Rental Slump; Office Rentals Continue Upward Trend – Vestian

New Delhi, 10th April 2025: While global office rental markets continue to face headwinds, India’s office sector is bucking the trend with sustained growth in office leasing and rentals. According to research by Vestian, 2024 reported the highest ever leasing of 70.7 Mn sq ft, registering an annual increase of 16%. Sub-dollar rentals across India’s top seven cities fuelled this momentum, making the country a key outlier in an otherwise subdued global landscape. In stark contrast to major global cities like New York, Seattle, Boston, Hong Kong, and Shanghai, which have witnessed rental declines over the last five years, India witnessed a steady upward movement. Notably, while some Western markets such as London and Miami posted increases of 31% and 53% respectively, the broader global s...

Apr102025 by FWMNo Comments

RBI Issues April 2025 Policy Update

Business & Finance

09 APR 2025 6:14PM by PIB Delhi RBI Cuts Repo Rate to 6%, Projects 6.5% GDP Growth for FY 2025-26 Introduction The Monetary Policy Committee (MPC), in its 54th meeting and the first of the financial year 2025–26, unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down to 6 per cent with immediate effect. The repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks, and a cut in this rate is aimed at boosting lending and investment. This decision comes at a time when global economic conditions are becoming increasingly uncertain. Trade tensions have resurfaced, leading to a decline in crude oil prices, weakening of the US dollar, softening bond yields, and corrections in equity markets. While central banks across t...

Mar312025 by FWMNo Comments

Dalmia Bharat achieves its target of 49.5 MTPA production capacity by FY25

Business & Finance, News

Commences Commercial Production of additional capacity at its Rohtas Plant in Bihar to support growing demand in the East Bengaluru, 31st March 2025 : Dalmia Bharat Limited (DBL), India’s leading cement company, has achieved its target of 49.5MTPA for FY25 with the commencement of commercial production of an additional 0.5 MTPA at its Rohtas Cement Works (RCW) plant in Bihar effective 30th March 2025. This strategic expansion with an investment of Rs. 96 crores at the existing integrated unit increases the plant’s total capacity to 1.6 MTPA. The commissioning of Line 2 reinforces DBL’s commitment to strengthening its market presence in the Eastern region and aligns with its long-term vision of scaling capacity to 110-130 MTPA by 2031. Commenting on the expansion, Mr. Puneet Dalmia...

Mar312025 by FWMNo Comments

Bennett Coleman And Company Limited (The Times of India Group) Acquires Four Commercial Spaces in Mumbai for a total of Rs. 262 Crore: Square Yards

Business & Finance, PROPERTY MATTERS

Mar 28, 2025 Bennett Coleman And Company Limited (The Times of India Group) has acquiring four commercial spaces in Santacruz East, Mumbai. The total transaction value across these deals amounts to Rs. 261.9 crore, according to property registration documents reviewed by Square Yards on the website of the Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. All the four transactions were officially registered in March 2025. Santacruz East, strategically located in Mumbai’s western suburbs, is a sought-after commercial destination due to its proximity to key business districts such as Bandra Kurla Complex (BKC) and seamless connectivity via the Western Express Highway, Santacruz railway station, and the Mumbai Metro. The area is known for its commercial complexes, co...

Mar132025 by FWMNo Comments

Confluent Kicks Off Current 2025 in Bengaluru

Business & Finance

Bengaluru, Karnataka, India Mar 12, 2025 12:49 IST Confluent, Inc., the data streaming pioneer, announced today that its flagship event Current 2025 will debut in Bengaluru, India on March 19, marking the first-ever Current conference in the Asia-Pacific region. Formerly known as Kafka Summit Bangalore, Current Bengaluru will bring together 45 speakers to deliver more than 35 dynamic sessions at the Sheraton Grand Bengaluru Whitefield. Current 2025 will delve into the heart of data streaming technologies, showcasing how organizations are leveraging Apache Kafka®, Apache Flink® and Apache Iceberg® to power real-time applications and generative AI use cases. Attendees will have the opportunity to learn from industry experts, connect with peers, and explore the latest trends in dat...

Mar132025 by FWMNo Comments

Bollywood Actor Akshay Kumar Sells Apartment in Mumbai for Rs. 4.35 Crore: Square Yards

Business & Finance, News

Mon, Mar 10, Bollywood star Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs. 4.35 crore, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in March 2025. Borivali, on Mumbai's northwestern edge, is known for attractions like Sanjay Gandhi National Park, Kanheri Caves, and amusement parks like Water Kingdom and Essel World. Borivali East is favoured for its greenery, proximity to parks, and connectivity to Kandivali East, Dahisar East, and Borivali West. The property is located in Sky City, developed by Oberoi Realty and spread across 25 acres. It is a ready-to-move-in residential project offering 3BHK, 3BHK+Studio, and Duple...

Mar132025 by FWMNo Comments

Delhi-NCR Enters Rs 1 Lakh Crore Housing Sales Club in 2024, Pips Mumbai & Hyderabad: PropEquity

Business & Finance, News

The sales value in India’s top 9 cities rose by 12% to Rs 6.73 lakh crore in 2024. Sales value in Delhi-NCR grew by 63% in 2024 to Rs 1.53 lakh crore with Gurugram alone crossing Rs 1 lakh crore threshold in 2024. Sales value in Mumbai grew by 13% and declined by 18% in Hyderabad in 2024. Delhi-NCR, Mumbai and Hyderabad account for 60% share of total sales value in top 9 cities in 2024. Sales value in Gurugram at Rs 1.07 lakh crore has surpassed Hyderabad. Hyderabad saw four consecutive years (2020-23) of rising sales while declining to its lowest sales since 2021 in CY 2024. New Delhi, March 11, 2025: Delhi-NCR has pipped Mumbai and Hyderabad to emerge as the top selling housing market in 2024 owing to 66% growth in sales value in Gurugram alone. With this, Delhi-NCR ...

Mar112025 by FWMNo Comments

Wonderchef Expands Southern Presence with 30th Exclusive Store, Plans to Double EBOs by 2026

Architecture, Business & Finance, LIFE & ARTS, Lifestyle

PHOTOS BY P K ANANTH KUMAR Bengaluru 11th March 2025 : Wonderchef, the premium kitchen appliance brand co-founded by Chef Sanjeev Kapoor and Ravi Saxena, reinforced its strategic focus on the southern market with the grand inauguration of its 30th Exclusive Brand Outlet (EBO) at Garuda Mall, Bengaluru. This expansion aligns with Wonderchef’s aggressive plans to double its EBO count in the coming financial year, with a strong emphasis on strengthening its footprint across southern India. Addressing media and customers at the event, Chef Sanjeev Kapoor highlighted the region’s rapidly growing demand for innovative kitchen solutions. “Southern India is a pivotal market for Wonderchef. With Bengaluru at its heart, we’ve witnessed remarkable traction for our smart kitchen appliances and heal...

Mar92025 by FWMNo Comments

Aditya Birla Housing Finance Launches ‘Khushi’ – Customised Home Loans Offerings for Women Borrowers

Business & Finance

Simplifying women’s journey to homeownership with flexible financing solutions of loan amounts ranging from Rs. 5 lakh to Rs. 1 crore Mumbai, Maharashtra, India Saturday, Mar 08, 2025 13:03:38 Aditya Birla Housing Finance Limited (“ABHFL”), a wholly owned subsidiary of Aditya Birla Capital, India’s leading diversified financial services company, has launched ‘Khushi’, a customised home loan offering for women borrowers to help them on their path to homeownership. For many women, owning a home symbolizes independence and financial security. ‘Khushi’ makes this aspiration a reality by offering flexible financing solutions tailored to diverse needs, with loan amounts ranging from Rs. 5 lakh to Rs. 1 crore. The initiative integrates ABHFL’s existing offerings, such as Pragati Home Loan an...

Mar42025 by FWMNo Comments

INDIAWOOD 2025: 25 Years of Driving Innovation in Woodworking & Furniture Manufacturing

Architecture, Business & Finance, LIFE & ARTS, Lifestyle, News

NEW DELHI, March 4, 2025 /PRNewswire/ -- Marking a quarter-century of industry advancements & growth, INDIAWOOD 2025, the leading trade fair for woodworking and furniture manufacturing, will take place from March 6-9, 2025, at India Expo Mart & Centre (IEML), Greater Noida, Delhi NCR. As part of NuernbergMesse global woodworking portfolio, this milestone edition reflects India's emergence as a manufacturing powerhouse and a key global player in the furniture and woodworking industry. INDIAWOOD's 25-Year Legacy: From Local Showcase to Global Influence Since its inception, INDIAWOOD has shaped the industry's growth, bringing together manufacturers, suppliers, technology leaders, and professionals on a single platform. Over the past two and a half decades, it has played a pivo...