08 Sep 2023

EFC (I) Limited, an integrated office infrastructure and design company in India, has expanded into the Delhi NCR region by opening a 65,000 sq. ft. managed office space in Noida's Sector 62, with an option for an additional 65,000 sq. ft. The facility will host prestigious brands like Tata Capital and Virtuous Transactional Analyst, along with EFC's own regional operations teams in a 25,000 sq. ft. office. EFC aims to tap into Delhi NCR's thriving office leasing market, with plans to significantly increase its total capacity to 60,000 seats by March 2024, as it reported strong financial performance in Q1FY24.Read more

07 Sep 2023

Prestige Group is embarking on a transformative venture in Hyderabad with Prestige City Hyderabad, a sprawling 64-acre mixed-use township. This ambitious project, requiring a substantial investment of Rs 5,000 crore, promises to reshape the city's urban landscape. Set for completion in four years, it anticipates a remarkable gross development value of Rs 8,000 crore. Featuring a diverse range of residential units, including villas and a massive retail mall, this development aims to cater to a wide spectrum of residents and stimulate economic growth in the region. Prestige Group's track record of excellence adds credibility to this visionary undertaking.Read more

07 Sep 2023

Whiteland Corporation, a Gurugram-based real estate developer, has announced a strategic collaboration with Shapoorji Pallonji E&C for their residential projects, The Aspen & Aspen Iconic. Located in Gurugram's sector 76, these projects encompass 3.3 million square feet of construction area and feature 11 towers ranging from 30 to 43 stories. Shapoorji Pallonji E&C, known for its construction expertise, will contribute to the projects' execution. Whiteland aims to set new standards in the real estate industry through this partnership, which has been carefully crafted to ensure the successful delivery of these prestigious developments.Read more

06 Sep 2023

WeWork India has partnered with CommScope to deploy RUCKUS Wi-Fi 6 technology across nearly 50 locations in India, aiming to enhance Wi-Fi connectivity and network performance. This collaboration aligns with India's digital transformation and the growing demand for flexible workspaces, supporting the thriving start-up ecosystem and remote working trends. The deployment includes 2000 ICX switches, 5000 R650 access points, and cloud-based RUCKUS Analytics powered by AI and machine learning. This technology ensures fast, secure, and reliable connectivity, enabling WeWork India to provide an optimal workspace experience for its members while keeping up with India's evolving digital workforce.Read more

06 Sep 2023

Mumbai's property market continues to thrive, registering over 10,000 property transactions for the third consecutive month in August 2023. Despite a 7% decline in government revenue compared to July 2023, it marked a substantial 21% increase from August 2022. Analysis of new property launches between April and June 2023 indicates a shift towards high-end and ultra-luxury segments, with properties priced above INR 2.5 crore gaining prominence. The Western Suburbs have seen a surge in new launches, thanks in part to new metro lines, while the Eastern Suburbs' share declined due to various factors. With the festive season approaching, Mumbai's property market remains positive and is expected to see increased activity in the coming months.Read more

05 Sep 2023

The Department of Town and Country Planning (DTCP) has issued a notice to Vatika Group regarding issues raised by allottees of the Vatika India Next residential project in Gurugram's Sector 82. Allottees, represented by the Senior Citizen Federation of New Gurgaon (SCFNG), have complained about a lack of zoning plans for plots allocated more than five years ago, hindering construction. They also report delays in obtaining conveyance deeds and occupation certificates for floors constructed a decade ago. Allegations include illegal booths, excessive fees, and demands for mutations. The DTCP has directed Vatika Group's MD to respond within seven days or face potential action.Read more

05 Sep 2023

The inauguration of two apartment complexes in Mundamveli marks a significant step towards addressing the long-pending issue of rehabilitating 82 families residing on poramboke land in Gandhinagar, Kochi. The project, initiated as part of the Life Mission, faced multiple delays. These apartments aim to improve the living conditions of families who previously faced issues like flooding during the monsoon and lacked access to proper toilet facilities. This initiative highlights the importance of collaborative efforts between government bodies and officials to uplift marginalized communities and provide essential amenities for a better quality of life.Read more

05 Sep 2023

91Springboard, a prominent player in India's co-working space industry, has unveiled its latest Platinum Hub in Pune's bustling Baner neighbourhood. This 32,000-square-foot facility, the company's 27th hub nationwide, marks a significant achievement in its expansion strategy. The Baner Platinum Hub, capable of accommodating over 800 members, is strategically located in Pune's business district, making it an attractive destination for businesses of all sizes. Known for its superior design, comfort, lighting, sound control, and hospitality, the hub offers an innovative concept called 'Team Rooms' to cater to businesses' specific needs. This expansion reinforces Pune's appeal for start-ups and enterprises.Read more

02 Sep 2023

Aparna Constructions and Estates Private Limited, a leading real estate developer in South India, has launched Aparna Synergy, a luxurious gated community in Hyderabad. The community spans 27.5 acres and offers 3345 high-end apartments with 2, 2.5, and 3-BHK layouts. Situated in Gandi Maisamma, the project combines natural landscapes with modern living spaces and offers exceptional connectivity to key areas of Hyderabad. The project features 24-hour power backup, security, water supply, and a range of amenities. Aparna Constructions' commitment to quality, sustainability, and customer satisfaction is reflected in this project, addressing the demand for upscale residential properties in Hyderabad.Read more

02 Sep 2023

Union Living unveils Varsity, a premium student housing in Mumbai's prime Santacruz-Juhu area, boasting a swift 90% occupancy rate post-launch. Besides offering 221 beds with modern amenities, Varsity fosters a unique sense of community through curated workshops and a mind-enhancing app subscription. Located near top educational and medical facilities, Varsity blends luxury with affordability, catering to various housing preferences. Founded in 2020 by Parth Soni and Rishabh Soni, Union Living is revolutionizing student accommodations, with ambitious expansion plans in the pipeline.Read more