Monday, September 16News That Matters

News

Infinity Learn’ launches its magnum opus IL VISTA in Bengaluru.

Infinity Learn’ launches its magnum opus IL VISTA in Bengaluru.

News
Bangalore, India : Oct 12, 2023–photos by P.K.Ananth Kumar Taking a pioneering step in the realm of education built on new age tech platform, Infinity Learn by Sri Chaitanya, fresh off its announcement of joining the 100cr club and achieving profitability, proudly unveils its magnum opus: IL VISTA: Virtual Intelligent System for Tailored Academics. This landmark initiative is underpinned by an impressive investment of close to a million dollars, with an anticipated commitment of an additional 4-5 million dollars set aside for its upcoming phases. IL VISTA is a ground-breaking tech initiative in the world of education. The Virtual Intelligent System for Tailored Academics, aims at leveraging the full potential of AI, to resolve the challenges faced by educators and learners alike. ...
Institutional investments in real estate rise 27% YoY at USD4.6Bn during Jan-Sep 2023; domestic investments up 1.7X

Institutional investments in real estate rise 27% YoY at USD4.6Bn during Jan-Sep 2023; domestic investments up 1.7X

News, World
Foreign investments saw a 47% YoY rise, while domestic investments surged 70% YoY Office sector continued to dominate at 63% share in total inflows Industrial & warehousing and residential sector witnessed a 3.5X and 2.6X YoY rise, respectively Gurgaon, 07 October 2023: Institutional investments in Indian real estate touched USD4.6 bn during January-September 2023, a 27% YoY increase, highlighting the resilience and attractiveness of the market despite prevailing global challenges. It is worth noting that institutional investment inflows for 2023 have already reached 93% of the total inflows recorded in 2022, despite a clouded  global economic environment. While foreign investments continued to lead with 77% share in total investments, domestic investments remained strong an...
G Square Launches Wellness Themed Plotted Community, G Square Orion in Sulur, Coimbatore

G Square Launches Wellness Themed Plotted Community, G Square Orion in Sulur, Coimbatore

News
Coimbatore, Tamil Nadu, India G Square, South India’s largest plot promoter and Tamil Nadu’s No. 1 Real estate developer announced the launch of its newest project G Square Orion, a wellness themed plotted community in Sulur, Coimbatore. G Square Orion, Wellness themed plotted community in Sulur, Coimbatore The DTCP-approved and RERA-registered project will consist of 213 residential plots in a secured community of 10.7 acres of land with more than 40 world-class amenities. The project will mainly be recognized for maintaining close proximity to the Trichy Road, which connects the city to prominent points like Singanallur Bus Terminus and Sulur Air Force Station and the east and south-east suburbs in the Coimbatore metropolitan area such as Singanallur, Ramanathapuram,...
THE NEWLY RENOVATED BIG KALYAN IN KORAMANGALA OPENS TODAY

THE NEWLY RENOVATED BIG KALYAN IN KORAMANGALA OPENS TODAY

Lifestyle, News
https://youtu.be/3z6AexTVIVs Photo By...P.K.Ananth Kumar Bollywood star Sonakshi Sinha inaugurates revamped Kalyan Jewellers’ showroom at 100 Feet Road in Koramangala, Bengaluruluru, 7th October 2023: Kalyan Jewellers, one of India’s most trusted and leading jewellery companies, today launched its redesigned showroom at 100 Feet Road in Koramangala. Bollywood star Sonakshi Sinha inaugurated the showroom, which features an extensive range of designs from various collections of Kalyan Jewellers. Patrons can expect state-of-the-art facilities with world-class ambiance, providing an unparalleled experience. On this occasion, Bollywood star Sonakshi Sinha said, “I am delighted to be a part of these grand celebrations; this magnificent showroom is a testament to the brand's unwav...

Festive Season Sets Real Estate Market on an Upward Trajectory

News
Delhi, IndiaOct 06, 2023  The real estate market is gearing up for a remarkable resurgence in the upcoming festive season, reclaiming its coveted leadership position in the industry. Recent findings from a comprehensive survey conducted by R&R reveal that prospective buyers are brimming with enthusiasm for residential real estate investments during this auspicious period. Following robust growth in the initial quarters of the year, the real estate sector is set to soar to unprecedented heights as buyers eagerly anticipate making festive investments, particularly in the mid-segment and luxury housing categories. "There is tremendous enthusiasm in the real estate market. This trend will take an even steeper trajectory this festive season. Our projects are getting massive traction...
Home search for villas witnesses YoY increase as preferences evolve, reveals Property Finder’s data for September 2023

Home search for villas witnesses YoY increase as preferences evolve, reveals Property Finder’s data for September 2023

News
Highlights: 57% of homeseekers with an interest in buying properties were searching for an apartment, while 43% were seeking villas and townhouses. In September 2023, there was an increase in the percentage of investors looking for Villas, rising from 39.8% in September 2022 to 43%. Conversely, those searching for apartments decreased by 3.2%, dropping from 60.2% to 57%. DUBAI, UNITED ARAB EMIRATES, 3rd October 2023: Property Finder, the leading property portal in the MENA region, has revealed key trends shaping Dubai’s booming property market in September 2023. Based on Property Finder’s proprietary data for September 2023, 57% of homeseekers with an interest in buying properties are looking for an apartment, while 43% are browsing for villas and townhouses. In the rental se...
Adarsh Group Unveils ‘Brand Film’ to Celebrate 35 Years of Excellence in Shaping Bangalore’s Skyline

Adarsh Group Unveils ‘Brand Film’ to Celebrate 35 Years of Excellence in Shaping Bangalore’s Skyline

News
Bangalore, Wednesday, October 04th, 2023: Adarsh Group, a prominent name in Bangalore's real estate landscape celebrating its 35th anniversary this year, is thrilled to announced  the premiere launch of its brand film on 04th October 2023 at PVR Directors Cut, Brigade Road, Bengaluru. The brand film, "35 Years of Creating Memories," beautifully captures the essence of Adarsh Group's journey and showcases the group's core values of integrity, excellence, and customer-centricity. https://youtu.be/34p0DZP8iMs The film is a testament to the group's legacy and its unwavering commitment to delivering exceptional homes for over three decades. The launch event was graced by a renowned Indian film and television actor, recognized for his outstanding contributions to the entertainment indu...
CII and Confederation of Danish Industry Visit Truflo by Hindware Sustainable Manufacturing Practices for Knowledge Exchange

CII and Confederation of Danish Industry Visit Truflo by Hindware Sustainable Manufacturing Practices for Knowledge Exchange

Architecture, News
29/09/2023  Hyderabad, Telangana, India – Business Wire India Truflo by Hindware, the fastest-growing plastic pipes & fittings company in India had the exclusive opportunity to host Confederation of Indian Industry (CII) and the Confederation of Danish Industry at its state-of-the-art manufacturing plant in Hyderabad. The visit was aimed at studying Truflo's pioneering green and sustainable initiatives. During the visit, the delegates were given a comprehensive tour of the manufacturing plant, allowing them to witness first-hand the cutting-edge technologies and processes that have driven Truflo to achieve the prestigious triple accreditation: the GreenPro Ecolabel, Green Factory Platinum, and GreenCo Platinum, all of which recognize the company's unwavering commitment to sustainabl...
South cities contribute almost 60% of the 38 msf office demand in YTD 2023

South cities contribute almost 60% of the 38 msf office demand in YTD 2023

News
YTD 2023 witnessed 38 mn sq ft of gross absorption, almost at par with 2022 levels  Bengaluru and Delhi NCR drove demand with about 50% share in gross leasing  Demand more broad-based across sectors - Technology sector dominant at 25% share, Flex, Engg & Manufacturing, BFSI share at 15-20% each  Domestic players driving office demand amidst global economic volatility  Vacancy and rentals remained rangebound led by steady supply and demand  Gurgaon, India, 29 September 2023: The first three quarters of 2023 recorded 38 mn sq ft of gross absorption across top 6 cities, almost equivalent to the gross absorption of corresponding period in 2022; signaling sturdy momentum, despite ongoing global volatility. Bengaluru and Delhi NCR led the demand during Q1-Q3 2023, accounti...
Arkade Developers Ltd. Acquires 3 Acre Land Parcel at Bhandup West from Copper Rollers Pvt. Ltd. for Composite Value of Rs. 103.88 Crores

Arkade Developers Ltd. Acquires 3 Acre Land Parcel at Bhandup West from Copper Rollers Pvt. Ltd. for Composite Value of Rs. 103.88 Crores

News
Sep 29, 2023 13:12 ISTMumbai, Maharashtra, India Arkade Developers Ltd. (formerly known as Arkade Developers Pvt. Ltd.) (Arkade) has completed the acquisition of approx. 3 Acre industrial plot in Eastern suburb of Bhandup West from M/s Copper Rollers Pvt. Ltd. Arkade Developers buys Three-acre industrial land in Bhandup for Rs. 104 crore We have perused the document pertaining to registration of conveyance deed done at Vikhroli on 26th September 2023. The composite deal value amounts to Rs. 103.88 which includes Transaction Value of Rs. 98 Crore plus Stamp duty of Rs. 5.88 Crore. The document “Conveyance deed" indicates that the possession is duly handed over to Arkade and entire consideration has been received by the seller/s. Arkade had acquired land parcel in Mulun...