News – Page 12 – Property World Global

Nov92024 by FWMNo Comments

Puravankara reports total revenue of ₹1,195 Crore in H1FY25, up by 67% Y-o-Y

News

Friday, Nov 08, 2024 17:11:29 | Puravankara Bengaluru: Puravankara Limited (NSE: PURVA | BSE:532891), one of India’s most trusted and admired real estate developers, announced its financial results for the second quarter (Q2FY25) ending September 30, 2024, and H1 FY25. For H1FY25, total revenue from projects stood at Rs. 1,195 crores for H1 FY25, up by 67% from Rs. 717 crores in H1 FY24. Customer collections increased by 27% to Rs. 1,999 crores, indicating improving operating efficiency. For the first half of the fiscal, sales volume stood at 2.84 msft and sales value at Rs. 2,459 crores. While revenue increased by 67% to Rs. 1,195 crores, on account of costs related to expansion overheads, sales and marketing expenses, the company recorded a loss of Rs. 5 crores for the period. Oper...

Nov72024 by FWMNo Comments

Horticulture Dept Launches “Jhenkara” Brand Honey

Home Improvement, LIFE & ARTS, Lifestyle, News

Bengaluru, November 07 (Karnataka News): The department of Horticulture has taken initiative to popularize the honey and honey products produced in the State, to provide quality honey to the consumers and to assure better price to the bee keepers. The department has developed the brand name “ಝೇಂಕಾರ” (in Kannada) and Jhenkara (in English), Tagline (ಜೀವನೋಲ್ಲಾಸಕ್ಕೆ ಜೇನು - in Kannada), (Honey that keeps you Buzzin’- in English), Logo and Packaging designs and got the approval of Trade mark Registry. The Department of Horticulture, Government of Karnataka posesses ownership of the said brand name and logo. Presently honey producers and aggregators have opportunities to use the brand name and logo by following the terms and conditions. It is requested to harness this opportunity. More...

Nov62024 by FWMNo Comments

Hyatt Set To Expand Brand Presence In Nepal With Hyatt Regency Lumbini

Architecture, News

The 175-guestroom property will be the fourth Hyatt branded property in Nepal and will mark the second hotel with Golyan Group CHICAGO (November 05, 2024) - Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a management agreement with Veda Hospitality Private Limited, a part of the Golyan Group, for Hyatt Regency Lumbini. The property will be the fourth Hyatt branded hotel in Nepal, reaffirming the significance of the market in Hyatt’s ambitious growth plans for Southwest Asia. Revered as the birthplace of Lord Buddha, the serene and spiritually significant town of Lumbini stands as an unparalleled destination for tourists as it draws travelers from across the world to the sacred site. It also boasts an UNESCO World Heritage status, with ...

Nov52024 by FWMNo Comments

UST Expands India Presence with a Second Office in Bengaluru

News

Bengaluru is UST's second largest delivery center globally with over 6,000 employees The second Bengaluru facility covers over 17,000 sq. ft. with a state-of-the-art Design Experience Center BENGALURU, India, Nov. 5, 2024 /PRNewswire/ -- UST, a leading digital transformation solutions company, has further strengthened its India presence by inaugurating a second delivery center in Bengaluru, Karnataka. Located in Helios Business Park, Kadabeesanahalli, this new facility spans over 17,000 square feet and accommodates over 300 seats, along with a state-of-the-art Design Experience Center and other modern facilities. This marks UST's second facility in Bengaluru, complementing its primary Bengaluru facility at Prestige Shantiniketan, Whitefield. Over the past year, UST has steadily ex...

Nov52024 by FWMNo Comments

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group Honoured With Karnataka Rajyotsava Award 2024

News

Bangalore, November 4, 2024 – Irfan Razack, Chairman and Managing Director of the Prestige Group, was awarded the prestigious Karnataka Rajyotsava Award on 1st November 2024 in recognition of his outstanding contributions to the Real Estate industry and his dedication to the economic and infrastructural development of Karnataka. This distinguished honour, bestowed by the Government of Karnataka, celebrates individuals who have significantly impacted their fields, contributing to the state's growth and progress. Irfan Razack has been a pioneering force in transforming the skyline of Bangalore and other cities across India. Under his visionary leadership, Prestige Group has not only redefined real estate standards but also championed sustainable urban development, social responsibi...

Nov42024 by FWMNo Comments

BBMP HAS SEALED AROUND 32 SHOPS IN BENGALURU OVER TAX ARREARS

News

04 NOV 2024 In the market area of Yeswantpur RTO Road, Mattikere sub-division in the western sector of the city, today under the leadership of Zonal Commissioner Mrs. Archana, 32 shops with outstanding property tax will be sealed. Notices have been issued to delinquents and revision cases with high property tax arrears in the Western Zone, who have not paid the outstanding property tax despite being given sufficient time. Due to this, as per the BBMP Act 2020 and the regulations, non-commercial properties are being sealed and the arrears of property tax are being recovered. Moreover, in cases of revision of property tax in the Assistant Revenue Officer sub-division, the property with the highest arrears is sealed. Use, PID No: 7-39-27 & 7-39-27/1, Subedar Chatram Road, Ye...

Nov12024 by FWMNo Comments

Majority of Homebuyers Expect a 6-15% Rise in Property Prices Over the Next Year: Magicbricks Survey

Business & Finance, News

Bengaluru, 29th October 2024 : Magicbricks, India’s leading real estate platform, highlights an increasing inclination towards residential real estate as a favored investment option. According to the platform’s latest survey of high-intent homebuyers, those with annual household incomes between INR 20-30 lakh are showing the strongest preference for purchasing homes, signaling rising aspirations within the middle-income segment. These buyers are mainly considering investments in the INR 75 lakh to 1 crore range. Survey results indicate that a majority of homebuyers expect property prices to rise by 6-15% over the next 12 months, citing capital appreciation and rental yields as key motivators. Among respondents, 35% view return on investment (ROI) through property appreciation as their pr...

Oct242024 by FWMNo Comments

Dorby– India’s Leading Surface Décor Brand, Launches Surface Matters-04 Catalogue

Home Improvement, LIFE & ARTS, Lifestyle, News

Thursday, Oct 24, 2024 12:10:40 Minimalism comes to the fore with this unique catalogue Mumbai, 22nd October 2024: Dorby, India’s Leading Surface Décor Brand, yesterday unveiled its latest catalogue, Surface Matters-04, featuring industry-redefining designs that are set to make a lasting impact this season. This collection is the culmination of eight months of continuous brainstorming and collaboration between our in-house design and branding teams, as well as three of our associated agencies. One of the highlights of Surface Matters-04 is the introduction of a highly innovative range of textured laminates, available in 1.25mm thickness. These laminates are designed to replicate the natural beauty of wood and lumber. Creating such deep, realistic textures was a challenge, but t...

Oct242024 by FWMNo Comments

Crompton Takes a Step Towards Gender Equality by Launching its All-women Electrician Training Program in Maharashtra

Home Improvement, LIFE & ARTS, Lifestyle, News

Thursday, Oct 24, 2024 17:10:46 |Mumbai, Maharashtra, India (NewsVoir) Crompton Greaves Consumer Electricals Ltd. is proud to announce the launch of its second batch of the Saksham program, a pioneering initiative aimed at empowering women in the electrical industry. In collaboration with Tata Strive, this unique program empowers young women from underserved communities by training them in non-traditional STEM roles, paving the way for a more inclusive future where women can excel. Building upon the success of the first batch, Crompton's Saksham program continues to address the gender gap in the electrical industry by providing women with the necessary skills and certifications to excel in technical roles. The program's comprehensive curriculum combines classroom learning with h...

Oct242024 by FWMNo Comments

Immense potential for investors in Dubai’s Hospitality sector as 19,200 rooms already in the Pipeline: Les Roches Alumni Report

Business & Finance, News

24th October, 2024 - A recent Report by Les Roches Global Hospitality Education alumnus, one of the world’s leading hospitality schools, delves in-depth into the opportunities for investors in the Dubai hotel industry. Notably, UAE is the second country after Saudi Arabia regarding the highest number of projects across the Middle East; Dubai is leading the cities across UAE with 19,200 rooms in the pipeline with 67 projects. The Report ‘A Clear Roadmap for a Hotel Business Investment in Dubai’ highlights that occupancy levels are expected to sustain an upward trajectory, further solidifying Dubai's position in the global hospitality market. Occupancy rates have shown consistent growth, hitting a record 90.8% in February 2024, underscoring the strong demand in the market. Moreover, aver...