News

May192026 by FWMNo Comments

Godrej Properties completes handover of 500+ plots at Forest Estate, Nagpur, with the first Nagpur edition of its signature handover IP, Shubh Aarambh.

Monday, May 18, 2026 17:53:23 | Godrej Properties LimitedInspired by Nagpur's Zero Mile identity, the event celebrates India's cultural diversity while underscoring the importance of thoughtfully planned communities.NAGPUR, India, May 18, 2026 /PRNewswire/ -- Godrej Properties Ltd. (GPL), one of India's leading real estate developers, announced the successful handover of over 500 plots in a single day at its premium plotted development, Forest Estate, Nagpur, through the first Nagpur edition of its signature handover IP, Shubh Aarambh.Conceptualised as a culturally rooted and immersive handover experience, Shubh Aarambh is designed to mark a meaningful transition for customers as they begin a new chapter in their homeownership journey. Drawing inspiration from Nagpur's id...

May182026 by FWMNo Comments

Mumbai, Bengaluru and Gurugram Lead India’s Highest Office Facilities Management Costs: Knight Frank India.

News

Small office occupiers incur the highest per sq ft operational costs Large office campuses benefit from significant scale efficiencies and integrated infrastructure advantages Mumbai, 16 May 2026: Knight Frank India in its latest facilities management (FM) cost assessment report across India’s leading office markets highlights significant variation in operational costs across office size categories, operating formats and city clusters. The report reveals that smaller office occupiers continue to incur the highest per sq ft FM costs, while larger office campuses benefit substantially from economies of scale, centralised operations and integrated workplace infrastructure.The assessment evaluates facilities management costs across key office markets including Mumbai, Bengaluru, Gu...

May172026 by FWMNo Comments

Urban Vault Expects Fit-Out and Facility Management Business to Generate ₹50 Crore Revenue in FY27.

Architecture, News

Recently, Urban Vault delivered a ~1.5 lakh sq. ft office for a leading IT company in Mumbai within 90 days, securing a nearly ₹100 crore contract including a five-year facility management mandate.Bengaluru, May 15, 2026: Urban Vault, one of India’s leading managed and flexible workspace providers, expects its fast-growing design, fit-out, and facility management business for offices to generate approximately ₹50 crore in revenue in FY 2026–27, driven by increasing demand from large enterprises seeking turnkey office solutions.The company has witnessed a growing trend among corporates and multinational companies to outsource office design, interior fit-outs, furnishing, and ongoing facility management rather than making large upfront capital investments in creating and operating wo...

May172026 by FWMNo Comments

Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

Lifestyle, News

A 58,516 sq. ft. retail destination opens at Gopalan Grand Mall, C V Raman Nagar,offering international quality, local favourites, and 1,000+ new employment opportunitiesBengaluru, Karnataka - Sunday, 17 May 2026.-Lulu Group India today celebrated a momentous milestone with the grand inauguration of its sixth Lulu Hypermarket in Bengaluru and its 18th store across India. The new outlet, nestled within the vibrant Gopalan Grand Mall on Old Madras Road, Nagavarapalya, C V Raman Nagar, Bengaluru, Karnataka, officially opened its doors to the public on Sunday, 3rd May 2026, continuing the brand's legacy of bringing world class hypermarket retail to every corner of Karnataka.Building on the tremendous success of its five existing stores in the city, and encouraged by the consist...

May152026 by FWMNo Comments

“Lighting World & Home Tech Expo” by ELCOMA and Ace Exhibitions is Set to Illuminate the Future of Smart Lighting and Home Technology in India .

Architecture, Home Improvement, News

India’s First Dedicated Platform for Smart Lighting and Home Technology to Debut in January 2027 New Delhi,, India-May 14, 2026 09:19 ISTELCOMA (Electric Lamp and Component Manufacturers Association of India) and Ace Exhibitions have announced a strategic partnership to launch the “Lighting World & Home Tech Expo” — India’s first dedicated platform for advanced lighting solutions and next-generation home technology. The announcement was made at a grand curtain-raiser held at India Habitat Centre, where the two organisations signed an MoU and hosted a panel discussion on “The Future of Smart Lighting & Home Tech in India” featuring industry leaders, policymakers, and technology experts. L to R Anupreet Singh Jaggi, Sudeshna Mukhopadhyay, Mohit Sharma,...

May142026 by FWMNo Comments

14.8 million lives lit. More than 600 million still in darkness.

Architecture, News

13 May 202614.8 million lives lit. More than 600 million still in darknessSignify Foundation calls on public and private sector partners to treat public lighting as core infrastructure.Amsterdam, the Netherlands - Marking UNESCO's International Day of Light, the Signify Foundation announced today that it has enabled access to light for 14.8 million people globally since 2017. The Foundation’s 2025 Annual Report emphasizes the critical role of sustainable lighting in building safer, healthier and more thriving communities worldwide.Community lighting remains underfunded and overlooked in development planning, despite its proven contribution to safer streets, better health outcomes, and stronger resilience. Today, the Foundation is calling on state actors, governments, fina...

May122026 by FWMNo Comments

South Delhi’s luxury floor price rises by up to 32% in Q1 2026: Golden Growth Fund.

News

Cat-B colonies outperform Cat-A in price growthNew Delhi, May 12, 2026: Defying the slowdown in broader real estate market across India amidst the West Asia conflict and the residual decline from past year, South Delhi continued to outperform with up to 32% growth in price of luxury floors in the first quarter of 2026, according to a report by Golden Growth Fund (GGF).The report highlights that Category B colonies outperformed Category A colonies in price growth in Q1 2026 with the former growing between 23-32% as against 14-22% in the latter.In value terms, however, price of floors in category A ranges between Rs 19.5 crore to Rs 40 crore while that in Category B colonies range between Rs 10.65 crore to Rs 16.5 crore.Ankur Jalan, CEO, Golden Growth Fund said, “Category B...

May122026 by FWMNo Comments

Blackstone to Acquire Skroutz, Greece’s Leading Online Marketplace, from CVC.

News

Investment to support continued growth and European expansion LONDON, UK & ATHENS, GREECE – 11 May 2026 – Blackstone (NYSE: BX), the world's largest alternative asset manager, announced today that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz (the "Company"), the leading online marketplace in Greece, from CVC Capital Partners Fund VII.Skroutz is the leading e-commerce platform in Greece, offering more than 12 million products from approximately 9,000 merchants to around 2.5 million active users. Founded in 2005, the Company operates a vertically integrated platform that combines its marketplace with proprietary last-mile logistics, fulfilment services, a licensed fintech offering, and a growing retail m...

May122026 by FWMNo Comments

Blackstone Real Estate Debt Strategies Launches Homebuilder Lending Platform.

News

Expects to Support Construction of over 50,000 New Homes Annually New York – May 11, 2026 – Blackstone (NYSE: BX) today announced that Blackstone Real Estate Debt Strategies (“BREDS”) has launched a lending platform that will provide much needed capital and flexibility to homebuilders, and expects to enable the construction of over 50,000 for-sale homes across the United States annually.This lending platform is supported by BREDS portfolio company, Brio Homebuilder Solutions, as well as partnerships with third parties. This commitment comes at a time when the U.S. is facing a critical housing shortage. Fewer homes are being built today than in 1960, despite the U.S. population nearly doubling.Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, said: "America needs ...

May112026 by FWMNo Comments

Rapid Clearance Operations of Uprooted Trees Carried Out Across Central City Corporation Limits.

News

Bengaluru Central City CorporationBengaluru, May 10:Remove Fallen Trees and Branches Caused by Rain and Wind at the Earliest: Daljit KumarRapid Clearance Operations of Uprooted Trees Carried Out Across Central City Corporation LimitsInstructions Issued to Remove Dangerous and Dried Trees and Branches as a Monsoon Precautionary MeasureDue to the recent heavy rain accompanied by hailstorms and strong winds in Bengaluru city, several trees and branches were uprooted, causing major inconvenience to public movement.In this context, the Forest Division of the Bengaluru Central City Corporation has been continuously working on a war footing to clear all uprooted trees and fallen branches.Trees and branches that had fallen on roads were immediately cut and moved to the ...