News

Jul102026 by FWMNo Comments

Clearance of footpath encroachments will continue in the limits of the five municipal corporations: Chief Minister D.K. Shivakumar So far, 435 km of footpaths have been cleared of encroachment.

Bengaluru, July 10, (Karnataka News): Since July 1, a total of 9,878 encroachments have been cleared on a total of 435 km of footpaths. The encroachment clearance operation will continue in the jurisdiction of all the five corporations, said Chief Minister D.K. Shivakumar. Speaking about the footpath encroachment and the eviction operation of traders in various parts of the city, he conducted a city tour on Friday and received information from Bangalore Urban Development Minister Krishna Byre Gowda. Later, he answered questions from the media near the Ashoka Pillar in Jayanagar. There were a total of 1,340 shops, about 1,800 push carts. Push carts have been allowed to be taken away. About 2,267 shops had tin sheets installed in front of them, which have also been removed. 2,300 steps, p...

Jul92026 by FWMNo Comments

Bengaluru continues to lead GCC office transactions in India, Residential prices rise 9% on sustained demand: Knight Frank India.

News, PROPERTY MATTERS

Bengaluru records 14.1 mn sq ft of office transactions in H1 2026; highest amongst the eight Indian citiesGCCs drive Bengaluru’s office leasing activity in H1 2026 Residential sales grow 5% YoY to 27,968 units, while launches rise 4% YoY Average residential prices rise 9% YoY to INR 9,354 per sq ftBengaluru, July 09, 2026: Knight Frank India in its latest report, India Real Estate: Residential and Office (January - June 2026) H1 2026, cited that Bengaluru continued to reinforce its position as India's premier destination for Global Capability Centers (GCCs), recording 8.5 mn sq. ft. of GCC-led office space leasing in H1 2026, the highest among all cities. GCCs accounted for 60% of the city's total office transactions, highlighting sustained confidence from multinational cor...

Jul82026 by FWMNo Comments

ITC Hotels Signs Welcomhotel Mysuru, Karnataka.

Architecture, News

A New Address for Immersive Cultural and Leisure Experiences Bengaluru, 08 July 2026: ITC Hotels Limited today announced the signing of a management agreement for Welcomhotel by ITC Hotels Mysuru, a 99-key hotel in the culturally rich city of Mysuru, Karnataka. The signing marks another significant milestone in ITC Hotels’ growth strategy and further strengthens the presence of the Welcomhotel brand across key business and leisure destinations in South India.Anil Chadha, Managing Director, ITC Hotels Limited, said, “Mysuru is one of South India’s most distinguished destinations, known for its vibrant heritage, strong tourism appeal, and growing economic potential. Welcomhotel Mysuru will further strengthen our presence in Karnataka and offer travellers a premium hospitality experi...

Jul82026 by FWMNo Comments

Investments in Indian Real Estate Diversify Geographically Amid Global Headwinds – Vestian

News, PROPERTY MATTERS

New Delhi, 8th July 2026: Geographical Diversification on the RiseUnlike the previous quarter, institutional investments in India's real estate sector witnessed broader geographic diversification in Q2 2026. Multi-city transactions accounted for nearly 60% of the total investment inflows, while the remaining 40% was distributed across India's top seven cities. Among individual markets, Chennai attracted the largest share of investments at approximately 16%, followed by Bengaluru at 11%. This shift reflects investors' growing preference for geographically diversified portfolios and underscores the expanding investment potential across India's major metropolitan markets despite persistent global economic headwinds.City % Share in Institutional Investments (Q2 2026)Multi-ci...

Jul82026 by FWMNo Comments

Oberoi Realty Achieves Gross Bookings of Approximately ₹8,109 Crore at Three Sixty North, Gurugram.

Architecture, News

Project records strong bookings, marking a significant milestone in Oberoi Realty's expansion into the National Capital Region National, 5th July, 2026: Oberoi Realty, India's leading real estate developer, has recorded gross bookings of approximately ₹8,109 crore at Three Sixty North, its first luxury residential development in the National Capital Region (NCR). The project has recorded bookings for approximately 13.52 lakh sq. ft. of RERA carpet area (23.10 lakh sq. ft. of saleable area), marking a significant milestone in Oberoi Realty's expansion into North India.Spread across approximately 14.8 acres on Golf Course Extension Road, Sector 58, Gurugram, Three Sixty North is a luxury residential development that has been envisioned to set a new benchmark for luxury living in the...

Jun292026 by FWMNo Comments

Prestige Group powers Bengaluru’s largest private green commitment, adopts 1.25 lakh native saplings towards One Million Tree Mission.

News

Undertakes three-year maintenance of native saplings under the Government of Karnataka and BDA's Bengaluru Urban Ecological Restoration Mission Bengaluru, June 27, 2026: Reinforcing one of the largest private environmental commitments made to Bengaluru, Prestige Group has adopted 1.25 lakh native saplings under the Government of Karnataka and Bengaluru Development Authority’s Bengaluru Urban Ecological Restoration Mission.The initiative represents a major milestone in the Group’s ambitious Prestige Green Promise – One Million Trees for Bengaluru, reaffirming its commitment to creating a greener, healthier and more climate-resilient city.Highlights of the Prestige initiative:1.25 lakh native saplings adopted 25 acres under restoration 3-year maintenance commitment ...

Jun272026 by FWMNo Comments

Hyatt and Parks Hospitality Holdings Share New Details on Upcoming Park Hyatt and Grand Hyatt Hotels in Mexico

Architecture, News, World

Park Hyatt Riviera Maya and Grand Hyatt Los Cabos are slated to open in the second half of 2026, bringing two distinct expressions of the Park Hyatt and Grand Hyatt brands to sought-after leisure destinations, with an all-inclusive experience thoughtfully integrated into each stay.CHICAGO (June 25, 2026) — Hyatt Hotels Corporation (NYSE: H) and Parks Hospitality Holdings ("PHH") today announced that Park Hyatt Riviera Maya and Grand Hyatt Los Cabos, both owned by PHH and expected to open in the second half of 2026, will bring new expressions of the Park Hyatt and Grand Hyatt brands in Mexico's leading leisure destinations, with an all-inclusive offering designed to complement each brand's distinctive identity and guest experience.Park Hyatt Riviera Maya and Grand Hyatt Los Cabos wi...

Jun232026 by FWMNo Comments

Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Business & Finance, News, PROPERTY MATTERS

NEW DELHI, INDIA – June 23, 2026 – Square Yards, India's leading integrated real estate and mortgage platform, today announced the successful closure of a Rs 900 crore ($95 million) capital raise. The strategic investment, which comprises a mix of debt and equity, was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co.Following this capital infusion—which was completed at an equity valuation significantly higher than its previous round—Square Yards has firmly solidified its position as a dominant force in the global proptech ecosystem. Building on this momentum, the company is also looking to close another $50-60 million over the next quarter as part of its ongoing capital strategy.Over the past several years, Square Yards has...

Jun202026 by FWMNo Comments

Admiralty Arch Enters Its Next Chapter: Waldorf Astoria London – Admiralty Arch Opens for Reservations

Architecture, Lifestyle, News

June 17, 2026Waldorf Astoria London ‑ Admiralty Arch\PHOTOS CREDIT- Waldorf Astoria London – Admiralty ArchNewly released imagery reveals the transformation of the historic Admiralty Arch monument into an intimate luxury hotel and residencesReservations for Waldorf Astoria London – Admiralty Arch are now live ahead of autumn opening. A meticulous restoration has transformed the historic Admiralty Arch monument opposite Buckingham Palace into a luxury Waldorf Astoria hotel. Waldorf Astoria London – Admiralty Arch will feature destination dining by Michelin-celebrated chefs Clare Smyth MBE and Daniel Boulud.LONDON, UK – Waldorf Astoria London – Admiralty Arch, the highly anticipated luxury hotel and residences set within one of the capita...

Jun202026 by FWMNo Comments

Holcim completes acquisition of Xella.

News

A European leader in the highly attractive walling market with projected 2026 net sales of EUR 1 billion Complementary building solutions offering to Holcim, powered by leading premium brands Ytong, Hebel, Silka and Multipor Strategic value-accretive acquisition to deliver run-rate EBITDA synergies of EUR 60 million in year three, EPS accretive in year one Acquisition advances Holcim’s NextGen Growth 2030 strategy, accelerating its vision to be the leading partner for sustainable construction Zug | 19 June 2026-Holcim has completed the acquisition of Xella, a leader in the highly attractive European walling market with projected 2026 net sales of EUR 1 billion. The acquisition expands Holcim’s building solutions portfolio with the addition of brands for both new build and the...