Thursday, November 21News That Matters

News

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, accounting f...
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...
India’s Sustainable Coffee Growth Opens Doors to the Global Market

India’s Sustainable Coffee Growth Opens Doors to the Global Market

News
5th World Coffee Conference 2023 concludes on a high note: India is world’s most sustainable coffee producer. World looks to India to practice sustainable ways to produce coffee say experts.  5th World Coffee Conference & Expo comes to an end with participation from 80 countries, including 2609 delegates, 323 International delegates, 253 exhibitors, 13,947 business visitors and 347 B2B meetings.  The four-day conference witnessed deliberations over some interesting topics like on the livelihood of farmers, need for shift from linear to circular economy, the success of the future of the coffee industry, mitigation strategies for crop losses, coffee culture in India among the youth, improving efficiency and productivity of farmers with data & technology, business opportu...

Real Estate sector undergoing transformation with Tier 2 cities becoming emerging favorite : Anil Saraf

News
Indian real estate sector has demonstrated remarkable resilience despite a global economic slowdown: Anshuman Magazine  India is a bright spot in shaky global real estate market : Sanjeev Dasgupta New Delhi  28 September 2023 Real Estate sector undergoing transformation with Tier 2 cities becoming an emerging favorite said by Mr Anil Saraf, Chairman, CII NR Committee on Real Estate and CMD, ASF Group at CII Realty conference held today in Delhi. He mentioned that Digital Transformation in the Real Estate Sector has evolved as a necessity and is playing a vital role in the buying, selling, and renting. He added that Logistics Real Estate in the face of the rise stands at the center of a constantly changing system. In his Address Mr Anshuman Magazine, Past Chairman, CII (Northern...
Rapid Innovation, Increased Funding for Research and Scientific Collaboration Could Mitigate Impact of Climate Change on the Coffee Sector

Rapid Innovation, Increased Funding for Research and Scientific Collaboration Could Mitigate Impact of Climate Change on the Coffee Sector

Home Improvement, News
Breeding climate resilient variants of the coffee bean is a key solution: Salvador Urrutia Loucel, Latin American Director, World Coffee Research The industry needs to adapt, change, or relocate. Alternate climate resilient coffee species being studied: Dr. Aaron Davis, Kew Gardens (UK), Farmers in India who experience crop loss due to wild animals, drought, forest fires are not adequately compensated for their losses: Prof. Sunil Nautiyal, Director, GB Pant National Institute of Himalayan Environment (NIHE) GenZ and millennials in particular are driving the coffee culture in India: Kailash Natani, MD, Sucafina Coffee is the world’s second most traded commodity after oil. Its production supports 25 million families and yet producers find it hard to make a return on their margin...
UBS Global Real Estate Bubble Index 2023: Deflating bubbles

UBS Global Real Estate Bubble Index 2023: Deflating bubbles

News, World
Zurich 20 Sep 2023, 10:00 CEST According to this year’s edition of the UBS Global Real Estate Bubble Index, imbalances in housing markets declined sharply. Only Zurich and Tokyo remain in the housing bubble risk category. For the study, UBS analyzed residential property prices in 25 major cities around the world. From mid-2022 to mid-2023, real house prices in the cities fell by 5% on average. More downside in prices is likely. Zurich, 20 September 2023 – The global surge in inflation and interest rates over the past two years has led to a sharp decline in imbalances in the housing markets of global financial centers on average, according to the UBS Global Real Estate Bubble Index 2023. In this year’s edition, only two cities – Zurich and Tok...
Group 108 Makes a Mark at MAPIC India Event

Group 108 Makes a Mark at MAPIC India Event

News
Group 108 Makes a Mark at MAPIC India Event Delhi NCR, India Group 108, one of NCR’s leading real estate developers, participated in the prestigious MAPIC India event, leaving an indelible mark as one of the event's standout contributors with its unmatched commercial project “Grandthum”. The event, which brought together retailers, developers, speakers, industrialists, and other stakeholders from various segments, served as a platform for the exchange of innovative ideas, concepts, and plans for economic development. Group 108's presence at MAPIC India was a resounding success, with the company's participation contributing significantly to the event's overall success. The event provided an exceptional opportunity for Group 108 to showcase its expertise in the real estate secto...
Integrow Sees Great Potential in Bengaluru, Launches its Real Estate Focused Portfolio Management Service (PMS)

Integrow Sees Great Potential in Bengaluru, Launches its Real Estate Focused Portfolio Management Service (PMS)

News
Bengaluru, Karnataka, India Sep 18, 2023 13:39 IST Integrow, the next-generation, tech-driven real estate investment platform, has announced the launch of its Portfolio Management Service (PMS). This comes as its third offering in the product portfolio after successfully launching its Real Estate focused Alternative Investment Funds (AIFs) through which it aims to empower investors by providing access to alternatives backed by institutional-grade residential and commercial real estate investments, revolutionizing the way individuals and institutions invest. The real estate focused PMS offers customized investment solutions designed to deliver superior risk adjusted naturally hedged returns aligned with individual goals and risk profiles. The real estate market in India has expe...
DISRUPTECH 2.0, India’s Biggest Proptech Challenge, by CBRE and NASSCOM, Draws Outstanding Response from Nearly 400 Startups Eyeing Entry to the Top League

DISRUPTECH 2.0, India’s Biggest Proptech Challenge, by CBRE and NASSCOM, Draws Outstanding Response from Nearly 400 Startups Eyeing Entry to the Top League

News
In view of the overwhelming response, the entry submission deadline has been extended till 18th September New Delhi, India: Thursday, September 14, 2023 Bangalore, New Delhi and Mumbai collectively account for 53% of the total entries submitted so far Over 42% entries submitted in Fintech category, ESG & Made for India garnered 20% share each ​​CBRE South Asia Pvt. Ltd., the leading real estate consulting firm in India, announced the deadline extension for the second edition of India’s biggest proptech challenge, ‘DISRUPTECH 2.0’, organized in partnership with NASSCOM. Given the overwhelming response to DISRUPTECH 2.0, the deadline for submission has been extended to 18th September 2023. DISRUPTECH 2.0 is witnessing an outstanding response, with participation from nearly...