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Industry News

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Industry News

  • Sonipat-Panipat Emerges as the Growth Corridor for Real Estate in India msn.com

    Northern India is fast becoming the hot bed of the premium and affordable residential market. As one moves a little ahead of Delhi, the once-sleepy stretch between Sonipat and Panipat, is now emerging as the growth corridor of sorts for the real estate sector. The recent survey by R&R stressed that one of the key drivers of the real estate market in Sonipat-Panipat is its proximity to the national capital, Delhi. Being situated in the National Capital Region (NCR), these cities have benefitted from the spillover effect of Delhi's rapid urbanisation and population growth.

  • Office rents surge up to 8% in March quarter, Delhi-NCR leads the pack: Colliers Moneycontrol.com

    India's top office markets experienced up to an 8 percent year-on-year rise in rentals in January-March period, with Delhi-NCR leading the pack, real estate consultancy Colliers has said. Robust demand along with infusion of high-end quality supply led to the uptick, Colliers’ Asia-Pacific Office Markets April 2024 report released on May 9 said. After witnessing a dip during the coronavirus on subdued demand, occupier exits and remote work trends, rentals have seen a considerable growth, so far, in 2024, surpassing pre-pandemic levels

  • Trending cement ceiling designs for home Housing.com

    Cement ceiling designs have emerged as a creative method to inject style and lasting charm into a space. A thoughtfully crafted ceiling can alter the look and feel of a room, introducing depth, dimension and character to the space. Cement ceiling designs have emerged as a creative method to inject style and lasting charm into a space. If you seek a strong and long-lasting ceiling design, cement ceilings are an excellent investment.

  • Psychology of furniture and decor: How your home interior design influences your mood and well-being Hindustan Times

    Home is where our heart is as it is our haven, our oasis and our source of respite where every corner of our abode replicates our sensibilities and passions hence, in this zestful world of interior design, our space perpetually colours the framework of our cerebral and emotional contentment. Our surroundings passively play an imperative part in scripting our moods and dig into our human psychology.

  • Peninsula Land raises 150 crore via optionally convertible debentures and announces setting up of a real estate platform Constructionweekonline.in

    Peninsula Land has announced raising of Rs 150 crore via optionally convertible debentures (convertible into equity shares of PLL). The investment is being made by Arsenio Strategies which is an affiliate of the Alpha Alternative Holdings (AAHPL), a reputed multi-asset class asset management firm. The company has additionally announced setting up of a real estate platform with Alpha Alternatives and Delta Corp.

  • Global City project in Gurugram gets environment clearance from MoEF Moneycontrol.com

    The Ministry of Environment, Forest and Climate Change has provided environment clearance to the Haryana government’s ambitious Global City project in Gurugram, people aware of the matter told Moneycontrol. The project is being executed by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). The HSIIDC’s Global City is coming up in Gurugram sectors 36B, 37A and 37B near the recently opened Dwarka Expressway. The Global City will spread across around 1000 acres and will have residential zones, industrial clusters, commercial zones.

  • DLF's luxury residential project 'DLF Privana West' achieves Rs 5590 crore sellout in 3 days Moneycontrol.com

    Real estate company DLF has announced the successful sellout of its latest luxury residential project, 'DLF Privana West,' valued at approximately Rs 5590 crores in just three days. Nestled within Sector 76 and 77, this expansive high-rise development covers approximately 12.572 acres and is an integral component of the larger 'DLF Privana' ecosystem sprawling across approximately 116.296 acres. This achievement closely follows the earlier success of DLF Privana South's sellout in January 2024.

  • Green initiatives for sustainable construction practices Hindustan Times

    Sustainability is an important objective and part of India, which is on the way to becoming Viksit Bharat by 2047. While India aims to become carbon neutral by 2070, major strides need to be taken in that direction right now. In 2022, India updated its Nationally Determined Contributions. The new target to reduce emissions intensity of its Gross Domestic Product (GDP) has been enhanced to 45% by 2030 from 2005 level. For the nation to achieve the set goals, every sector must contribute.

  • How Has Technology Empowered Facility Management Of India’s Growing Luxury Projects? Timesproperty.com

    Indian Real Estate has widely been known to have over 250+ allied industries indirectly or directly dependent on it. While a majority of these sectors are characterized by tangible products, there are also many intangible professional services that have a huge role to play in how Real Estate is perceived and experienced today. The growing demand for premium and luxury spaces in both Commercial & Residential Real Estate is driving a new era in Facility Management (FM). Companies are no longer offering just maintenance as part of their FM services.

  • Impact of Akshaya Tritiya 2024 on real estate segment Housing.com

    Akshaya Tritiya, also known as Akha Teej, Akti is a Hindu spring festival that denotes new beginnings. Akshaya means eternal and Tritiya means the third day of the fortnight. This year Akshaya Tritiya falls on May 10. This day is considered auspicious for people investing in anything be it gold, home décor or even home. Why is Akshaya Tritiya important for the real estate market? Home buying is a deeply sentiment driven activity, especially for first time buyers. It is largely done by seeing auspicious dates etc.