Wednesday, December 4News That Matters

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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...
Birla Estates Strengthens Foothold in Bengaluru with the Launch of Birla Trimaya Phase 1

Birla Estates Strengthens Foothold in Bengaluru with the Launch of Birla Trimaya Phase 1

News
Approx. INR 500 Cr Booking Value Estimated as Phase 1 Takes Off Bengaluru, Karnataka, India:  Birla Estates Private Limited, the real estate arm of the Aditya Birla Group, has successfully launched Phase 1 of Birla Trimaya, Devanahalli. This initial phase has quickly gained the interest of homebuyers and investors. The project is expected to have a revenue potential of approximately INR 3000 Cr for the entire project, signifying its strong appeal to the target audience. Birla Trimaya is thoughtfully designed to cater to diverse needs and includes a range of 1, 2, and 3 BHK apartments and luxurious duplexes across 8 towers. Strategically located near the upcoming BIAL IT Investment Region, this project will attract a diverse range of individuals including high-net-worth and non-resid...
In India, leasing by BFSI players surge two-fold at about 7 million sq feet since 2020- Colliers

In India, leasing by BFSI players surge two-fold at about 7 million sq feet since 2020- Colliers

News
BFSI leasing bounced back in 2022 at 6.8 million sq feet, surpassing pre-pandemic levels. Share of BFSI in total leasing rose back to 15% in H1 2023 led by higher domestic demand. Mumbai led the leasing at 31% share, followed by Bengaluru at 24% share. GURGAON, 12 Sep, 2023 – Foundational shifts across the banking and finance sector are presently underway, with a transformative focus on digital, workforce and Environment, Social and Governance (ESG) priorities, according to Colliers. Having invested significantly in technology, people and workplaces, banking and finance companies today find themselves at an inflection point, Colliers experts have highlighted. Today, as banks and financial services firms rethink their future with Artificial Intelligence and next-gen technolog...
KOVA Debuts the First Non-Industrial AI-Powered HVAC System: KOVA Comfort Intelligent HVAC

KOVA Debuts the First Non-Industrial AI-Powered HVAC System: KOVA Comfort Intelligent HVAC

Architecture, News
The Intelligent HVAC System Uses Behavioral, Environmental, and Unit-Specific Inputs to Revolutionize Comfort and Energy Efficiency September 12, 2023 01:00 PM Eastern Daylight Time AUSTIN, Texas--(BUSINESS WIRE)--Building material solutions leader KOVA launches KOVA Comfort Intelligent HVAC, an innovative, AI-powered HVAC system that seamlessly integrates into building projects creating healthier, more comfortable environments based on a variety of inputs, including users’ daily routines. Pushing beyond the current industry offerings of IoT and “smart” systems, KOVA Comfort leverages behavioral, environmental, and unit-specific occupancy inputs to learn, personalize, and optimize comfort and energy usage in each unique living environment. With a minimal footprint, sleek design, and ...
Habitat for Humanity India’s Urban Dialogue Unites Key Government Officials and Experts to Forge Inclusive and Resilient Housing Solutions

Habitat for Humanity India’s Urban Dialogue Unites Key Government Officials and Experts to Forge Inclusive and Resilient Housing Solutions

News
New Delhi,India Sep 07, 2023 Habitat for Humanity India, a leading housing non-profit organisation, successfully concluded the Urban Dialogue event focused on addressing policy solutions for adequate housing to build inclusive and resilient urban settlements. The event, held on 1st September 2023 in New Delhi, garnered significant attention and participation from key Government officials and industry experts in the housing and development sector. Prominent dignitaries inaugurated the Urban Dialogue by lighting a lamp . Rajiv Ranjan Mishra, IAS (Retired), Former Director General, National Mission for Clean Ganga and Chief Technical Advisor, National Institute of Urban Affairs; Shri. G. Mathi Vathanan, IAS, Principal Secretary, Housing and Urban Development Departmen...
Shortage of Donor Eyes Poses Challenges for Corneal Transplants in India: Eye Experts

Shortage of Donor Eyes Poses Challenges for Corneal Transplants in India: Eye Experts

News
Bengaluru, 4th September 2023 : Dr Ravi Dorairaj, Regional Head Clinical Services, Dr Agarwals Eye Hospital Bengaluru & Dr Anupama Janardhan, Pediatric Ophthalmologist Dr Agarwals Eye Hospital Bengaluru. Distinguished experts in the field of ophthalmology have raised a red flag on a pressing concern that has the potential to impede corneal transplantations in India. A shortage of available donor eyes, crucial for successful transplant procedures, has emerged as a challenge casting a shadow over the landscape of ocular healthcare. The experts expressed their concern at an impactful awareness walkathon in Bengaluru, organised by Dr. Agarwals Eye Hospital, a leading chain of eye hospital in India. The event was a part of the ongoing National Eye Donation Fortnight campaign, aime...
NCR’s Thriving Spots for Realty Investment

NCR’s Thriving Spots for Realty Investment

News
New Delhi,India,Aug 30, 2023 12:55 IST NCR's commercial realty market is optimistic about a healthy growth momentum. Below mentioned are some of the key locations in NCR holding immense potential and bright prospects for commercial investment. Iris Broadway Greno West - an upcoming mall in Greater Noida West Greater Noida West - Greater Noida West is evolving as an attractive market offering promising prospects for commercial realty. A growing number of IT/ITeS/, Research & Consulting/Manufacturing companies have established their base here transforming it into a vibrant business hub. The existing and proposed developments in and around the region have significantly piqued the interest of potential buyers, investors, and developers. Besides garnering interest fro...