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Nov202024 by FWMNo Comments

Bentley Home opens its first store in the UAE

Bentley Home launches its first store in Dubai and its first entry to the UAE market Celebrating 11 years of Bentley Home with Dubai launch ‘Furnished by Bentley Home’ the bespoke 360-degree interior design service available for commercial and private clients A physical space for Bentley Home showcasing its classics, groundbreaking materials and finishes as well as the latest collections(Crewe, 19 November 2024)Bentley Home is to launch its first dedicated showroom in the UAE in the heart of Dubai. Opening on the 11-year anniversary of Bentley Home, the new store has been much anticipated by clients in the region. It will showcase the latest collections alongside Bentley Home classics – all of which celebrate the form and function of the luxury car marque in the fine...

Nov192024 by FWMNo Comments

Birla Opus Paints Unveils Its 4th Factory at Chamarajnagar, Karnataka

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Birla Opus Paints raises capacity to 866 MLPA, catapults to become the 2nd largest decorative paints player by installed capacity Chamarajnagar, Karnataka, India – Business Wire India Tuesday, Nov 19, 2024 17:11:29 Chairman of the Aditya Birla Group, Mr. Kumar Mangalam Birla, today unveiled the fourth plant of Birla Opus Paints, a division of Grasim Industries Ltd., at Chamarajnagar, Mysore. This fully automated, integrated paint plant commenced its commercial production today which raises the company’s manufacturing capacity to 866 MLPA (Million Litres Per Annum) and catapults Birla Opus Paints to become the 2nd largest decorative paints player by installed capacity.Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Our paints business speaks to a new India, a con...

Nov182024 by FWMNo Comments

Rents Surge 7.4% QoQ Across Major Cities, Rental yields increase to 3.62%: Magicbricks

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Bengaluru, 18th November 2024 : Magicbricks, India’s leading real estate platform, published its latest Rental Update, highlighting that between July and September 2024, average rents increased 7.4% quarter-on-quarter (QoQ) across 13 major Indian cities[1] to INR 35.8 per square foot per month- the highest increase in the l ast 2 years. Chennai recorded the sharpest increase at 22.2% QoQ, moving from INR 17.94 psf in Q2 2024 to INR 26.91 psf in Q3 2024. Delhi and Thane also saw significant jumps, with Delhi’s average rent rising 11.4% QoQ to INR 37.55 psf and Thane’s rent increasing 10.9% QoQ to INR 33.10 psf. According to the report, Mumbai remains the priciest rental market at INR 86.50 psf per month, followed by Delhi at INR 37.55 psf and Navi Mumbai at INR 33.83 psf. Meanwhile,...

Nov162024 by FWMNo Comments

LONGi’s Solar Panels Enhance Sustainability in Bengaluru’s Residential Complex

Home Improvement, LIFE & ARTS, Lifestyle, News

BANGALORE, India, Nov. 15, 2024 /PRNewswire/ -- LONGi, in partnership with SolarSquare, has completed a 342 kW solar project using advanced Hi-MO 5 solar panels for a residential apartment complex in Bengaluru.Launched seven months ago, this solar project is set to save the residential complex up to $47,736 annually and has already generated an impressive 340,000 units of electricity. Thanks to the high efficiency of the solar modules, significant economies of scale, and the inherent advantages of rooftop solar, the project is projected to reach its break-even point within just 4.75 years.Before the installation of the rooftop solar panels, residents faced annual electricity costs of approximately $143,305. The switch to solar energy is expected to result in annual savings between ...

Nov152024 by FWMNo Comments

Aurum PropTech to Host ‘India PropTech Summit – 2024’ in Mumbai

Architecture, Business & Finance, Home Improvement, LIFE & ARTS, Lifestyle, News

The event will spotlight technology opportunities across Rental, Distribution and Capital Mumbai, Maharashtra, India (NewsVoir) Thursday, Nov 14, 2024 17:11:47Aurum PropTech shall be hosting their Analyst Day ‘India PropTech Summit- 2024’ in Mumbai. The forum shall bring together key analysts, industry stakeholders and Aurum PropTech leaders across India to deliberate on Property Technology opportunities across Real Estate - Rentals, Distribution and Capital. To be held on 2nd December 2024 in Mumbai at the Jio Convention Centre, the event shall highlight Aurum PropTech’s commitment to driving technology-led disruption and shaping the future of real estate. Market, Industry, and Technology Analysts from leading firms have been invited to join Aurum PropTech leaders, entrepreneurs, an...

Nov142024 by FWMNo Comments

Bollywood Actor Shahid Kapoor Leases Luxury Apartment upwards of Rs. 20 lakh per month: Square Yards

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Tue, Nov 12, 1:05 PMBollywood actor Shahid Kapoor has recently rented out his luxurious apartment in Mumbai’s prestigious Three Sixty West, Worli. According to Square Yards, the property spans 5,395 sq. ft. (~501.21 sq. m) of carpet area and 573.78 sq. m (~6,175.42 sq. ft) of built-up area, with three dedicated car parking spaces.The apartment, originally purchased in May 2024 for Rs. 58.6 crore was jointly acquired by Shahid and Mira Kapoor. Three Sixty West, developed by Oberoi Realty, is a high-end residential project spread over 1.58 acres, offering 4 and 5 BHK ready-to-move-in apartments.The lease agreement, registered in November 2024, is for a tenure of 60 months with an initial security deposit of Rs. 1.23 crore. As per Square Yards, the property will generate an avera...

Nov142024 by FWMNo Comments

Bengaluru Registers Rs. 15,739 Crore in Residential Transaction Value in July-September 2024, North Bengaluru Leads the Rally: Square Yards

Home Improvement, LIFE & ARTS, Lifestyle, News

Grade-A developers continue to dominate Bengaluru’s residential market activity. Embassy Group and Prestige Group lead in terms of highest home sales value, while Artha Group and Tata Realty top the list of developers with the highest volume of residential transactions.Bengaluru, November 13, 2024 – During the July-September 2024 quarter, a total of 25,259 residential units, including apartments and plots, were registered with the Inspector General of Registration (IGR) in Bengaluru, according to data from Square Yards. This figure represents a slight year-on-year decrease of 8% compared to the same period in 2023. The sales value for these properties amounted to Rs. 15,739 crore, marking a 15% decline from the Rs. 18,505 crore recorded in the July-September quarter of the previous yea...

Nov142024 by FWMNo Comments

Cost of construction rises up to 11% annually in 2024 across real estate segments

Architecture, News

Prices of key materials like steel and aluminum have relatively stabilized in 2024Rising construction cost has primarily been on account of labour cost surge, at about 25% YoY in the private sector Volatilities in construction material prices and labour cost pressures are likely to push overall construction cost upward, albeit at a slower paceGurugram, 14 November 2024: Over the last one-year, average cost of construction is estimated to have risen up to 11%, mainly due to a significant surge in labour costs coupled with a moderate price increase in construction materials like sand, brick, glass, wood etc. Notably, the cumulative effect of rise in the prices of four key construction materials including cement, steel, copper and aluminum have been relatively low. In fact, avera...

Nov122024 by FWMNo Comments

Light + LED Expo India 2024 to present smart, energy-efficient and advanced lighting solutions for diverse architectural and infrastructure needs

Architecture, Home Improvement, LIFE & ARTS, Lifestyle, News

Tuesday, Nov 12, 2024 14:11:19 New Delhi, India – Business Wire India India’s premier expo, Light + LED Expo India 2024, is set to showcase advanced products in LED and intelligent lighting solutions from 21st to 23rd November 2024 at Yashobhoomi (IICC), Dwarka, Delhi. With 240+ exhibitors from nine countries, the B2B event will present innovative solutions for homes, high rises, architecture, infrastructure, and everything in between. With LED light emerging as a powerful catalyst in India's energy efficiency journey, its applications have spread from households and industrial spaces to more complex and customised needs for architecture and interior design, urban infrastructure and smart city projects. Government-backed initiatives like Unnat Jyoti by Affordable LEDs for All and L...

Nov102024 by FWMNo Comments

The Sustainable City – Yiti Set to Showcase Sustainable Living Model at Cityscape Global 2024 in Riyadh

Architecture, Lifestyle, News

Leading the way as a pioneering model for sustainable, net-zero communities Participation in Riyadh marks the latest in a series of prominent global real estate exhibitionsMuscat, Oman – 10 November 2024 – The Sustainable City – Yiti is set to showcase its leadership in sustainable living at Cityscape Global 2024, taking place in Riyadh, the Saudi capital. This participation marks the latest in a series of appearances at international and regional real estate events, reinforcing its position as a global model for net zero living.The Sustainable City – Yiti will showcase the project’s commitment to sustainable living through comprehensive social, environmental, and economic sustainability strategies. The community's design minimizes environmental impact and maximizes qual...