News – Page 35 – Property World Global

Apr212025 by FWMNo Comments

Strict instructions to remove unauthorized advertisements, close potholes, and take precautionary measures against rain in BBMP limits: Tushar Giri Nath.

News

Bengaluru: April 21: Chief Commissioner Tushar Giri Nath gave strict instructions to the officers to remove unauthorized advertisements within BBMP limits. Addressing a meeting held on various issues in BBMP limits, he said that the Hon'ble High Court, Deputy Chief Minister and Bengaluru Urban Development Minister had instructed them to take strict action against the installation of unauthorized advertisements in the city. But violations have been increasing lately and he instructed to take appropriate measures to control it. A new circular is being issued to take appropriate action against those installing unauthorized advertisements in the city. In it, the Assistant Executive Engineer, Assistant Engineer and Junior Engineer coming under the ward area will be given the authority to ...

Apr212025 by FWMNo Comments

Massive cleanliness drive across the city: The cleanliness drive is in full swing in all 8 zones of BBMP:

News

Bengaluru: April 21: A 10-day cleanliness drive has been launched across the city from today to 30th April 2025, and cleanliness work is being carried out everywhere in full swing. A cleanliness drive is being carried out across the city by the Bengaluru Solid Waste Management Limited (BSWML). The city's roadsides and vacant sites where garbage is dumped are being thoroughly cleaned. Due to the contractor's failure in proper removal of waste , there has been a significant rise in roadside garbage dumping. In this regard, money is being collected from the bills given to the contractors, and the cleaning work is being done. In the respective zones of the BBMP, waste is being cleared using auto tippers at garbage dumping sites (black spots) led by BSWML officers, marshal superviso...

Apr192025 by FWMNo Comments

Trinity Performs Bhoomi Pujan for Ultra – Luxury ‘Sky Palazzo Residences’ Project

Architecture, News

Gurugram, Haryana, India Trinity, a leading real estate developer based in Gurugram performed a bhoomi pujan for its ultra-luxury residential project, Sky Palazzo Residences. The bhoomi pujan, which was organised on 14th April’ 2025 marks the start of the project’s construction, the first-of-its-kind project which introduces North India’s first man made beach residences, setting a new standard for luxury living in the region. With an investment of Rs. 1,200 crores, the project is spread over approximately 11 Acres across all phases. Trinity performs Bhoomi Pujan for Ultra - Luxury ‘Sky Palazzo Residences’ project The project received RERA approval a month ago and is located on the rapidly expanding Dwarka Expressway. The company aims to complete the project before ti...

Apr192025 by FWMNo Comments

TAB Terra Casa & FashionTV Luxury Real Estate Signature Project Initiative in Pune at the Hands of Soha Ali Khan

News

Saturday, Apr 19, 2025 13:04:39 Pune, Maharashtra, India (NewsVoir) The much-anticipated inauguration of the TAB Terra Casa & FashionTV luxury real estate brand initiative, a signature project by the Tejas Arun Bahirat Patil Group took place on the 18th of April ‘25 at the opulent JW Marriott, Pune. The inauguration event of TAB Terra Casa was graced by the presence of Soha Ali Khan, the renowned Bollywood celebrity and artist with a distinguished legacy in the film industry, alongside FashionTV MD Kashiff Khan, a global franchise expert and Rukmani Singh Hooda, Director FashionTV India. The event also saw a gathering of prominent industrialists, media personalities, artists, environmental advocates and local dignitaries; making it a momentous occasion that reflected the fus...

Apr182025 by FWMNo Comments

About 80-85% of office leasing is expected in green-certified buildings; Green office inventory to reach ~ 700 million sq ft in next 2-3 years

News, PROPERTY MATTERS, Technology

Green building adoption accelerating across real estate segments, led by energy savings, rental premiums and emission reductions Green building footprint on the rise; certifications across real estate asset classes reach 13 billion sq ft in 2024 (IGBC) Two-thirds of Grade A office stock already green-certified across the top six cities Green-certified office buildings have higher occupancy levels at 80-90%, commanding rental premium of up to 25% Investment potential of over INR 425 billion to emerge from retrofitting older office buildings Carbon footprint reduction gaining prominence in other asset classes like data centers, retail, hospitality, and healthcare Ahmedabad, India, 18 April 2025: India’s real estate sector is undergoing a major transformation, with sus...

Apr172025 by FWMNo Comments

Mahindra Lifespaces launches Mahindra NewHaven next to successful Mahindra Zen, Bengaluru

News, PROPERTY MATTERS

Bengaluru, April 17th, 2025: Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of Mahindra NewHaven, an IGBC-certified Net Zero Energy & Waste project. The development features 70% open spaces, with bespoke 3, 3.5, and 4 BHK residences and is purposefully designed to elevate modern living with a strong focus on sustainability and innovation. This project is located adjacent to the already successful Mahindra Zen on Hosur road in South Bengaluru. Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespace Developers Limited, said, “Bengaluru continues to be a key market for Mahindra Lifespaces, with our projects consistently receiving strong responses. Following the success of Mahin...

Apr172025 by FWMNo Comments

AIMING FOR POT HOLE FREE KARNATAKA – USING ECOFIX MIX

News, Technology

MOU IS SIGNED IN THE PRESENCE OF CHIEF SECRETARY, GOVERNMENT OF KARNATAKA. Bangalore, April 17, (Karnatka Information) : On 17.04.2025 an event was organised in the presence of Deputy Chief Minister D.K.Shivakumar and Minister for PWD Satish Jarkiholi to sign a Tri Party Agreement for "Eco fix: Ready to Use Pot hole repair mix, for instant repair of distressed roads in state of Karnataka" between CSIR CRRI (Council of Scientific & Industrial Research Central Road Research Institute), Public Works Department and Urban Development Department, Govt of Karnataka and Ramuka Global Services. But due to emergency commitments, Ministers were unable to participate in the event. However, as per the directions of the Ministers Memorandum Of Understanding (MoU) is signed in the presence...

Apr162025 by FWMNo Comments

Table Space Closes FY25 with 41% YoY Growth; Portfolio Crosses 10.5 Million Sq. Ft.

News, PROPERTY MATTERS

Footprint now spans 10.5 million sq. ft. as of March 2025, across 7 key clusters in India, reaffirming its position as one of the leading players in the managed office sector Bengaluru, April 15, 2025 — Table Space, one of India’s leading managed workspace providers for enterprises, has concluded FY25 on a positive note, reporting an impressive 41% year-on-year growth in its total portfolio in terms of million sq. ft. As of March 2025, Table Space’s footprint spans 10.5 million sq. ft. across India’s top commercial office markets, reaffirming its position as one of the leading players in the managed office space sector. Table Space’s expansion was focused entirely across 7 key clusters (metro cities) in India. Bengaluru led the growth chart contributing one-third to the overall p...

Apr162025 by FWMNo Comments

Bengaluru’s Luxury Housing Market for Apartments priced at ₹10 crore and above hits ₹1,000 Cr Milestone in FY25 India SIR and CRE Matrix Report

News

Luxury homes priced between ₹10–12 crore saw the highest demand, offering the ideal mix of value and exclusivity. Hebbal led the pack as the top-performing market with 22% of total sales value for apartments above ₹10 crore. Apartments sized between 5,000–7,000 sq. ft. have emerged as the most in demand, signalling a clear preference for spacious, upscale living. Bengaluru, April 16, 2025: For the first time ever, Bengaluru’s ₹10 and above, luxury real estate market has crossed the ₹1,000 crore mark in annual sales, marking a new benchmark for the city’s premium housing sector, according to a report by India Sotheby’s International Realty and CRE Matrix. A striking 42% of Bengaluru’s total ₹10 crore+ luxury home sales over the last four years came in FY25 alone — a clear sign...

Apr142025 by FWMNo Comments

Centre frames draft rules for Gas Meters under the Legal Metrology (General) Rules, 2011

News

Rules mandates gas meters to undergo testing, verification and stamping prior use in trade and commerce 14 APR 2025 12:40PM by PIB Delhi The Department of Consumer Affairs, Government of India, has taken a significant step towards strengthening consumer protection, promoting fair trade practices and ensuring accurate measurement in gas usage by framing draft rules for Gas Meters under the Legal Metrology (General) Rules, 2011. These rules make it mandatory for all gas meters used for domestic, commercial, and industrial purposes, to undergo testing, verification and stamping prior to their use in trade and commerce. The re-verification of these gas meters is also prescribed under the rules to ensure their correctness when these are in use. The primary objective of these new rules i...