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Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
05 Sep 2024
Chandak Group, a leading Mumbai real estate developer, has won the REAL ESTATE & BUSINESS EXCELLENCE AWARD for 'Innovative Real Estate Marketing Campaign of the Year.' The award was presented by Ms. Esha Deol at the Westin Mumbai Garden City. The campaign, notable for its comprehensive 360-degree approach, included print, OOH, IPL ads, digital, influencer marketing, and Out-Film advertising with the film Mr. & Mrs. Mahi. It also featured advanced CGI videos and a brand visibility initiative with Zomato. Launched in April 2024, the campaign for Chandak Highscape City achieved over 10 million views and 3,200 site visits within a month.Read more
04 Sep 2024
NeoLiv, in partnership with Royal Green Realty, is entering North India's real estate market with a major project in the Kundli-Sonipat Master Plan area. This 20-acre development, valued at over INR 600 crore, will feature premium villas, independent floors, and custom plots, along with a clubhouse designed by international architects. The project aims to meet the rising demand in the National Capital Region (NCR) driven by the nearby Maruti Suzuki plant, Asia's largest automobile facility. NeoLiv's CEO Mohit Malhotra and Royal Green's Managing Director Yashank Wason highlight the project's potential to enhance Sonipat's real estate landscape.Read more
04 Sep 2024
Century Real Estate Holdings Private Limited, founded in 1973, is a leading real estate developer in South India with over 50 years of legacy. Managing assets valued at over USD 2 billion and a development portfolio exceeding 20 million sq. ft., the company has achieved remarkable growth, including a 4X turnover increase in the past four years. Century's recent projects, like Century Novus and Century Trails, have sold out swiftly, reflecting high demand. Known for its strategic partnerships, accolades, and Great Place to Workr® recognition, Century is set for significant growth with ambitious plans for FY 24/25 and beyond.Read more
03 Sep 2024
Awfis Space Solutions has expanded its partnership with Nyati Group, securing an additional three lakh square feet of grade-A workspaces under its managed aggregation model. This move increases Awfis' total workspace with Nyati to five lakh square feet across Pune. The company now operates around one lakh seats across 169 centres in 17 cities. Awfis has also signed agreements for 15,668 more seats, reinforcing its growth. With a client base dominated by large corporations and MNCs, Awfis maintains a strong portfolio, reflecting its strategic focus on asset-light expansion and long-term client relationships.Read more
03 Sep 2024
Suraksha Group, after acquiring Jaypee Infratech (JIL) through the insolvency process, has infused INR 250 crore into the company and arranged a INR 3,000 crore loan facility. This is part of their efforts to complete around 20,000 unfinished flats in the Delhi NCR region. JIL currently has INR 1,250 crore in funds, and Suraksha Group estimates an investment of INR 6,500-7,000 crore to complete the nearly 160 residential towers across various stalled projects. The group has accelerated construction in 62 towers and awarded contracts for 41 more, aiming to revive the long-stalled projects and provide relief to thousands of homebuyers.Read more
02 Sep 2024
Sunteck Realty plans to significantly increase its gross development value (GDV) from INR 30,000 crore to INR 60,000 crore over the next three years. This ambitious goal is supported by a major project in Dubai with a GDV of INR 9,000 crore and extensive expansions in Mumbai, including new phases and towers. The company is leveraging a strong balance sheet and a cash surplus of INR 1,532 crore to fund these initiatives. The Dubai project, strategically located near Burj Khalifa, aims to capitalise on the city's lucrative market, while Mumbai expansions focus on meeting growing demand and enhancing the development portfolio.Read more
02 Sep 2024
Tribeca, a leading real estate developer, is in discussions to expand the Trump Towers brand across more Indian cities. Despite the buzz surrounding Donald Trump's participation in the upcoming US elections, the company maintains that it stays clear of any political associations in its projects. With luxury living as the focus, Tribeca plans to further build upon the success of its existing Trump Towers in India. The developer is committed to delivering high-end residences while ensuring the brand remains detached from any political connotations.Read more
02 Sep 2024
Real estate developer Rustomjee has announced the launch of its new project, 'Verdant Vistas,' in Thane, aiming for a Gross Development Value (GDV) of INR 1,750 crore. The project focuses on luxury living, offering modern amenities and green spaces in one of Mumbai's rapidly growing suburbs. With this launch, Rustomjee aims to strengthen its presence in the Thane real estate market, attracting homebuyers seeking a blend of urban convenience and natural beauty.Read more
29 Aug 2024
Shriram Properties Limited (SPL) marks its 25th anniversary with a brand transformation initiative under the SPLNxT mission. This rebranding aims to resonate with modern buyers while retaining core values of quality and innovation. The company targets the growing mid-market segment, which accounted for 59% of housing demand in India in 2023. SPL plans to expand its footprint in key cities, aiming to double sales and triple revenue within three years. The company's robust pipeline of 42 projects and impressive growth metrics underscore its commitment to capturing new market opportunities.Read more
28 Aug 2024
Flutter Entertainment has invested USD 3.5 million to establish a global capability centre in Hyderabad's Knowledge City, marking a significant expansion in India. The 80,000-square-foot facility will accommodate over 700 employees in various roles, with plans to increase headcount to 900 by 2024. The expansion aligns with Flutter's global strategy of leading the industry through innovation in iGaming and sports betting. The company also aims to have 40% of leadership positions filled by women by 2026. Additionally, Flutter has pledged GBP 30,000 to support local initiatives, reinforcing its commitment to growth and corporate social responsibility.Read more