Monthly Archives: September 2015
Commemorating the International Day of Older Persons, Silverglades, one of India’s leading boutique developers, specialising in residential housing, commercial, township projects and golf-based leisure developments, has partnered with Vivo Healthcare and Gurgaon Police to announce the launch of a ‘Senior Citizen Care’ program for the residents of the millennium city.
Godrej Properties Ltd., the real estate development arm of the Godrej Group, today announced that it has sold 435,000 sq. ft. of saleable area at its commercial project, Godrej BKC in Bandra-Kurla Complex (BKC), Mumbai.
The rate cut by the RBI is on expected lines. RBI action is based on its belief that (i) despite CPI inflation rising over the next few months due to the reversal of base effect, it will remain well within its comfort zone, (ii) despite less than normal monsoon rainfall, risk from food inflation appears to be contained. However, the tepid global demand, soft commodity prices coupled with postponement of policy normalisation by the Fed provided RBI additional head room, and in stead of 25 bp cut it went for 50bp rate cut. Today’s action by RBI shows that if conditions permit RBI’s policy stance will continue to be accommodative.
After successfully delivering 15 projects in Ghaziabad, SVP Group recently launched ‘The Imperial’ in Nehru Nagar, in Ghaziabad. Spread over two lakh sq.ft. area, ‘The Imperial ’ will showcase 72 spacious apartments with five variants – 1545 sq.ft. (3 BHK), 1660 sq.ft. (3 BHK), 1675 sq.ft. (3 BHK), 2025 sq.ft. (4 BHK) and 2310 sq.ft. (4 BHK) with its iconic towers.
Lodha Group recently announced The Luxury Collection, a new umbrella brand that aims to be the world’s finest, first-of-its-kind, international end-to-end luxury portfolio. The Luxury Collection will be present at the globe’s most coveted locations, offering the highest standards of service and crafted to the highest level of detail and refinement. The Luxury Collection will set the benchmark for the world’s finest real estate, aiming to be the most sought after in the cities they are in.
CREDAI NCR Board has taken the unanimous decision, at its AGM held on 25 September, to stop procurement of cement from the companies that have unilaterally increased cement prices in last one month. The companies include the names such as Ultratech and Lafarge.
Window Magic, India’s leading uPVC windows and doors manufacturer, introduces the conservatory concept for their customers for the first time in India. Conservatories originated in the 16th century, when it was an object of great desire and fashion for the rich and famous. Municipal conservatories also became popular in the early 1800s which were known for their beautiful and classic look. The Victorian Conservatories offered a truly beautiful space to relax and enjoy the surroundings.
The pace at which Infrastructural development is booming globally seems unstoppable. The 3rd Annual ET Infra Focus Summit, organised by ET Edge, discussed the current scenario and future trends in Infrastructure segment, apart from Smart City & AMRUT mission. Sunita Quadros, business head, Times Conferences Limited, emphasised, “There is a major contribution by Prime Minister Narendra Modi as he has driven for better infrastructure and a better quality of lives. We have taken firm steps towards this vision through varied initiatives and programs which has resulted in a rise in the interest within the private sector. The involvement of the private sector and their investment is extremely vital in this segment.”
FICCI, in collaboration with US International Trade Administration and 32 Advisors, recently organised the US-India Infrastructure Roundtable in Washington. This event was organised to discuss important areas of cooperation in infrastructure sector and to identify the opportunities for developing partnerships with financial institutions, governments at both federal and provincial levels, as well as the industry who are crucial to advancing the goals of Infrastructure sector.
Finlace Consulting, Noida based reputed real estate consultancy, has launched Finlace Property Helpline, one-of-its-kind real estate helpline services, to offer 24×7 consultation and assistance to general public seeking help for property of all types across India. The property helpline can be reached out at 85100-85100 and in fact first time in India someone has taken this type of initiative in real estate industry to provide helpline services for common people. The objective of ‘Finlace Consulting’ behind launching this helpline is to create awareness regarding real estate amongst investors and aspiring buyers.