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Jul112024 by FWMNo Comments

Mumbai’s Rs 10 Crore and above luxury residential units clock highest-ever half-yearly sales of Rs 12,300 crore in H1 CY24

Rs 3,500+ Cr. highest-ever recorded sales value in secondary/resale market in Mumbai with growth rate of 37% in H1 CY’24 compared to H1 CY’23.The top luxury micro-markets in Mumbai—Goregaon East, Worli, Mahalakshmi, Prabhadevi, Mumbai Central, Malabar Hill, Bandra West, Lower Parel, Tardeo, Byculla—have contributed to 80% of primary luxury sales by value in H1 CY’24. More than half of homebuyers in the more than Rs 10 Crore luxury market belong to the 35-55 age category.Mumbai, July 11, 2024— Sales of luxury homes costing Rs 10 crore and above in Mumbai have risen 8% making another new high of Rs 12,300 crore in H1 CY’24, compared to Rs 11,400 crore in H1 CY’23, according to a report by India Sotheby’s International Realty and CRE Matrix.The report, “Mumbai Luxury Housing...

Jul112024 by FWMNo Comments

South India’s Data Centre Market to Witness 65% Capacity Growth by 2030; fueled by Chennai, Bangalore, and Hyderabad

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Bengaluru, India, 11th July 2024: South India's data centre market is on an impressive growth trajectory, with major cities like Chennai, Bangalore, and Hyderabad at the forefront. This surge is supported by substantial government incentives, strategic infrastructure investments, and a rising demand for digital services. The region is poised to play a crucial role in the global data centre landscape, with capacity projected to grow 65% by 2030.Significant Capacity ExpansionAs of now, the combined installed data centre capacity in Chennai, Bangalore, and Hyderabad stands at approximately 200 MW. This foundation is set to be significantly bolstered, with 190 MW currently under construction and an additional 170 MW planned. These developments are expected to increase the total capaci...

Jul102024 by FWMNo Comments

AirAsia brings “cinematic in-flight” experience to Indian Theaters

LIFE & ARTS, News

AirAsia presently operates 22 direct routes from India to Malaysia and Thailand, with four more to commence soon The airline is bringing an innovative “cinematic in-flight” experience to 130 cinemas across 12 cities in India where movie-goers have the exciting chance to win flights to any of its 130 destinationsINDIA, 9 July 2024 – AAirAsia, the World’s Best Low Cost Airline for the 15th consecutive year, invites travellers from India to discover the hidden gems of Asia and Australia and beyond through its robust network that will soon connect 16 cities in India to over 130 destinations across its network via Malaysia and Thailand. In line with its expansion, AirAsia will bring an innovative “cinematic in-flight” experience for movie-goers to sel...

Jul102024 by FWMNo Comments

“CII Karnataka Real Estate Conclave 2024 spotlights on Inclusive, Sustainable and Integrated Urban Excellence”

Business & Finance, News

Bengaluru, 10 July 2024: CII Karnataka organized the 1st edition of the CII Karnataka Real Estate Conclave 2024 “Karnataka Horizon: Navigating Real Estate Excellence in the South” today at Bengaluru. The conclave took up key themes of sustainable urban development, the pivotal role of connectivity in urban growth, unlocking Karnataka's real estate potential through future mobility, the impact of ESG considerations on real estate development, and innovative investments in Karnataka's real estate through smart living and integrated townships, as the State continues to remain a beacon and hub for industrial activity. "Completing Phase 2 of Bengaluru's Yellow Line metro network, by end of this year marks a pivotal step toward enhancing urban mobility. We are anticipating a significant increa...

Jul72024 by FWMNo Comments

Brigade Secures JDA for Prime 8Acres in West Bengaluru, Facilitated by Knight Frank India

Business & Finance, News

Development potential of 1.2 mn sq ft residential property valued at INR 1,100 crore Bengaluru 06 July 2024: Knight Frank India, a leading international real estate consultancy, has successfully facilitated a Joint Development Agreement (JDA) for a land parcel of approximately 8 acres located in the West Bengaluru micro-market. Knight Frank represented Brigade Enterprise Limited (BEL), which is considering this land for residential development project of up to 1.2 million square feet. The land is strategically located, benefiting from both transit and social infrastructure, with projected sales of INR 1,100 crore.Commenting on this, Ms. Pavithra Shankar, Managing Director of Brigade Enterprise Limited, said, “This project will be significant for the West Bengaluru micro market, and...

Jul62024 by FWMNo Comments

Citizens and students of the city participate in the “Denghi Warrior” competition:

LIFE & ARTS, Lifestyle, News

Bengaluru, 5th July 2024To control the rising cases of dengue in the city, the health department of the corporation has invited citizens and students to participate in the “Denghi Warrior” competition.This innovative initiative has been taken to help citizens and students join hands with the corporation's health department to fight against dengue. Asha workers, ANMs visit houses in respective zones and create awareness among the citizens about dengue control. Health officers are still visiting schools to create awareness among students about dengue control. The corporation has taken several precautionary measures to control dengue. Make short films about what measures citizens or students have taken in their homes (@nammahomes) to control dengue, how others have been made aware an...

Jul62024 by FWMNo Comments

Guide for Selecting the Perfect Mattress for Your Guests

Home Improvement, LIFE & ARTS, Lifestyle, News

Friday, Jul 05, 2024 16:07:26 | Utsav MattressNoida (Uttar Pradesh) [India], July 5: The holiday season has started and this is the best time to upgrade your guest room with a brand new mattress. But this time you are not going to get just any other mattress, but the best mattress that makes your guest room a 5-star hotel room. When it comes to the best quality mattress there are a number of categories to choose from. Mattresses from memory foam to soft, medium, and firm foam, options are many. But which mattress will suit a guest room? We’ll figure that out in this article and will also present the best guest mattresses for your guests. What Mattress is Perfect for Your Guests? There are a few things that you should keep in mind before buying a guest room mattress. Only when a ...

Jul52024 by FWMNo Comments

Schneider Electric to Capitalize on India’s Real Estate Market Growth

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Launches a range of advanced new products & solutions to empower next-generation homes and buildingsNew Delhi, India: Thursday, July 4, 2024 6:35PM IST (1:05PM GMTHosted one of the largest congregations of Home Builders and contractors in India to enable energy efficient ‘Homes of the Future’. Launched range of advanced new solutions includingWiser 2.0 – An upgraded holistic smart home energy management solution, that is aimed at transforming residences into smart homes with best-in-class features & energy management. Miluz Lara - A new line of switches and sockets that blends style with functionality, come with modern design, seamless connectivity, and advanced features like AQI monitoring and A+C USB compatibility.Schneider Electric, the glo...

Jul52024 by FWMNo Comments

M3M Leases 220,000 Sq. ft. to Flexible Workspace Provider Incuspaze in Gurugram

Business & Finance, News

Gurugram, Haryana, India Jul 04, 2024 16:19 ISTLeading real estate developer M3M has leased 220,000 sq. ft. in Gurgaon’s to Flexible workspace provider Incuspaze in their boutique office project - M3M Urbana Premium on the Golf Course Extension Road, people aware of the deal said.M3M leases 220,000 sq. ft. to flexible workspace provider Incuspaze at M3M Urbana Premium, Gurugram“M3M is looking at Office leasing as a major drive this year and aims to lease 20 lakh sq. ft. of Grade-A office space in the most sought-after locations in Gurugram. As part of this focus, we have signed a mega deal with Incuspaze - a leading flexible workspace provider where 2,20,000 sq. ft. space has been provided on lease to them,” said Sudeep Bhatt, President M3M.In a major strate...

Jul52024 by FWMNo Comments

Malabar Gold & Diamonds Strengthens Presence in the UK, Opens 2nd Showroom at Leicester

News, World

Mumbai, Maharashtra, IndiaJul 04, 2024 16:17 ISTMalabar Gold & Diamonds, the 6th largest jewellery retailer globally with a retail presence of 350 showrooms across 13 countries, has just unveiled its 2nd showroom in the UK at Leicester. The new showroom was inaugurated by Mr. Peter Soulsby, City Mayor for Leicester in the presence of Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds; Mr. Mohammed Ziad, Head of Operations - UK & Europe, Malabar Gold & Diamonds; Mr. Santhosh T, Regional Head, Malabar Gold & Diamonds; Mr. Naufal Thadathil, Zonal Head, Malabar Gold & Diamonds, other management team members from Malabar Gold & Diamonds, customers and well-wishers. Located on Belgrave Road's Golden Mile, the new showroom spans over 2,000 s...