Author: RM Bureau

Retail Veteran Pankaj Renjhen Joins ANAROCK as COO & Jt. MD – ANAROCK Retail

Will work together with CEO & MD Anuj Kejriwal to drive the Firm’s growth in post-COVID-19 times Mumbai, 23 Sept. 2020: The ANAROCK Group has appointed retail real estate veteran Pankaj Renjhen as COO & Joint Managing Director – ANAROCK Retail. With immediate effect, Renjhen shares the responsibility of overseeing the Firm’s Indian retail operations with Anuj Kejriwal, MD & CEO &...

Investors Clinic launches 100% Return – DUGNA Offer Offers up to 45% more space in Commercial Properties

Major builders to be part of the scheme New Delhi, September 22, 2020: Investors Clinic (IC), the leading real estate consulting company today announced the launch of “100 % Return – DUGNA Offer” for real-estate customers in the commercial segment. The game-changer scheme has been introduced by IC to offer buyers something new and highly beneficial during trying COVID times. One of its kind scheme...

Binswanger partners with ANAROCK to offer focused Industrial Realty Services

The partnership will enable cross-border industrial property purchase and leasing between the US and India MUMBAI, 22 September 2020: US-based Binswanger Commercial Real Estate Services and ANAROCK Group have partnered to offer boutique advisory, brokerage, and transaction services on industrial real estate opportunities between India, USA, and other global markets.  The objective of this collabor...

GBP comes up with mega residential & commercial township, Central Town in Zirakpur

Chandigarh: GBP Group, one of the top builders in Punjab, announced its township project Central Town in Zirakpur spread over 32 acres. With a total outlay of Rs 600 crores, funded partially through internal accruals and partially through bank funding and sales, the township will have residential units, plots, and commercial complexes. The low rise project will have 700-800 residential units inclu...

Dalmia-OCL responds to PM’s Clarion Call for Atmanirbhar Bharat; Launches Magnesia Carbon Line for Steel Sector

Minister of State for Steel, Shri Faggan Singh Kulaste dedicates Dalmia-OCL’s new refractory line to the nation Dalmia-OCL putting up the new capacity of 108,000 tonnes for Magnesia Carbon brick at Rajgangpur plant in Odisha First phase of 36,000 tonnes launched; 2 more phases of 36,000 tonnes each to be added over the next two years Production of Magnesia Carbon Brick locally to cut down Indian s...

Magicbricks is India’s largest growing real estate App with 10 million downloads

The Only property App to achieve the milestone. Magicbricks is now the largest online real estate platform both in terms of App downloads and traffic as per comscore data Offers more than 1.65 million plus active listings to 10 million app users The app contributes around 40% of the traffic to the platform Noida, Sep 21: Magicbricks, India’s No.1 property site, has clocked a new milestone by emerg...

M3M Foundation embarks on an initiative to rehabilitate Bihar flood victims

This initiative is being implemented in collaboration with Rise Always Welfare Society At least thirty houses to be rebuilt and redeveloped Bhaja Tola, East Sareya, West Sareya, Matiarwa, Bankat and Majharia in East Champaran district Gurugram, 19th September 2020: M3M Foundation, a philanthropic arm of M3M Group, has embarked on an initiative to rehabilitate flood victims in the East Champaran di...

Housing Sales-to-Supply Ratio Rises to 1.36 Amid Limited Launches in Top 7 Cities – FICCI-ANAROCK Report

In 2014, the ratio was just 0.63; improvement a good indicator of the housing sector’s future growth potential Affordability of mid-income homes to be lowest-best at 27% in FY21 – 53% in FY12 The value of total real estate under construction increases 2.6X – from USD 94 Bn in 2009 to USD 243 Bn as of H1 2020 – with residential share growing from 49% to 88% Listed developers’ sale...

M3M Foundation embarks on environmental initiative to plant 1 million trees in 3 years

Until now,  15,617 trees have been planted at Bemta village that falls under the Kokerama Gram Panchayat of Sundargarh district in Odisha, in the first phase. Odisha, 16th September 2020: M3M Foundation has embarked on a unique environmental initiative to plant one million trees across India in the next three years. Named as ‘VrishkArpan’, the initiative will be conducted in collaboration with the...

MattsenKumar Services’ Jaipur centre generates 40% of its revenue, thanks to India BPO Promotion Scheme (IBPS)

-The backup centre was established under the aegis of India BPO Promotion Scheme (IBPS), a scheme being executed by STPI Jaipur, 17th Sep 2020: Bolstered by India BPO Promotion Scheme (IBPS), BPO service provider MattsenKumar Services is today generating 40% of its revenue from the state-of-the-art centre at Jaipur. The centre which was established in 2017 to provide backup support to their Delhi-...

CBRE India’s Government Advisory vertical reaches the milestone of providing services across 100 cities across 24 states in the country

National, 17 September 2020: CBRE India’s Government Practice– a dedicated vertical for undertaking Government and public sector mandates, recently crossed the coveted milestone of having provided services across 100 top cities in the country. The services provided by CBRE Government Practice vertical include economic planning for greenfield cities, privatization of airports, disinvestment of hote...

CYGNETT GROUP OF HOTELS AND RESORTS LAUNCHES THEIR NEWEST PROPERTY IN AMRITSAR

September 17, 2020, New Delhi: Further strengthening their presence in the North, Cygnett Group of Hotels and Resorts have launched their First Hotel in Punjab “Cozzet Stay Amritsar”. Located in the heart of the city and just about 400 meters from the renowned Golden Temple, this “home away from home” is perfectly located with proximity to the airport, railway station and easy access to all commer...

Informa Markets in India and KDCL Unveil INFRACONEX

An extensive platform for the Indian construction equipment market slated for August 2021 Mumbai, September 16th, 2020: Informa Markets, (formerly UBM India), India’s leading B2B exhibition organizer, and K and D Communication Ltd. ( KDCL ) in a Joint Venture, today unveiled a brand new Exhibition ‘INFRACONEX’ that will cater to the Indian construction equipment sector. The three...

Impact on Business in pandemic era

Magma Fincorp’s Nationwide Customer Survey shows Commercial Activities and Asset Deployment improved New Delhi, 16 September 2020: Mumbai-based NBFC, Magma Fincorp Limited conducted a survey of 3 lakh customers across cars, commercial equipment (CE), commercial vehicle (CV), and tractor segments recently. The survey found that on a weighted average basis deployment across asset classes has improve...

ICICI Home Finance launches Micro Home Loan for customers in the informal sector

‘Apna Ghar Dreamz’ loans range from INR 2 lakhs to INR 50 lakhs New Delhi, September 16th, 2020: ICICI Home Finance (ICICI HFC) has launched a new micro home loan ‘Apna Ghar Dreamz’, for skilled professionals such as carpenters, plumbers, electricians and tailors, painter, welders, auto mechanic, manufacturing machine (Example Lathe, CNC) operator, laptop, computer, RO repair technician, as well a...

Integrated Townships – Weathering the COVID-19 Siege

COVID-19 has underscored the advantages of self-managed mini-ecosystems with higher safety & security, open spaces, sanitation & control Top 7 cities have just 101 integrated township projects (launched since 2010 till date) with 3.16 lakh housing units; this is nearly 2% share of overall projects launched during the period Of this total, 57 projects are largely residential with basic faci...

IIFL Finance launches a TV campaign with Rohit Sharma underlining the importance of ‘Seedhi Baat’

IIFL Finance, one of India’s leading non-banking finance companies, with over Rs 38,000 crore of assets under management, has launched its latest brand campaign featuring cricketer Rohit Sharma, to communicate the value and meaning of ‘Seedhi baat’, that is, straight talk. Rohit Sharma is IIFL Finance’s first-ever Brand Ambassador. In a series of three TV commercials each featuring a slice-of-life...

CBRE named as Top Real Estate services firm in India at 2020 Euromoney real estate awards

National, September 14, 2020 – CBRE was recognized as the top Real Estate services firm in India at the annual Euromoney Real Estate Awards. In addition, CBRE was also recognized as best agency for Letting/Sales, Property Valuation and Research in India. Worldwide, CBRE has garnered 55 awards including 15 awards from the Asia Pacific region, representing a diverse mix of accolades voted for by inv...

Maharashtra announces increase in the Ready Reckoner rates across the state New rates come into effect from September 12

Industry Excerpts: Dr. Niranjan Hiranandani, President (National) NAREDCO and Assocham: “It is surprising, that in a scenario where the suggestion, ‘reduce price of residential real estate’ has been covered by media –be it Deepak Parekh, Nitin Gadkari or  Piyush Goel – the state government has instead opted to enhance the Ready Reckoner value. Income tax provisions mean a developer cannot sell at ...

7 Stress Management Techniques Every Teacher Should Know

Teaching is a stressful job. Even if you are good at staying organized still it is difficult to manage stress. Teachers are experts at delivering material, explanations and instructions. but they face the issue of managing stress many times. They are familiar with ways of communicating and are trained in techniques to deliver lectures and to develop success in their students. The piles of paperwor...

SaaS – Technology to Boost Real Estate Uptake

Software as a service is now the key tool for developers to reduce unsold housing inventory Authored by: Sunil Mishra, Head – Strategy, ANAROCK Group & CEO – TRESPECT Property Consultants With COVID-19, real estate developers in India are suddenly faced with the need to rapidly adopt technology to get property sales going. ANAROCK research indicates that while homebuyer enquiries have increase...

Chennai to lead the real estate recovery post-COVID-19 lockdown

Author – Ved Parkash Dudeja, Vice Chairman – Rail Land Development Authority. 4th September 2020: As the real estate limps back to normalcy after the nationwide COVID-19 lockdown, southern markets such as Chennai and Bengaluru are expected to lead the road to recovery. Over the years, Chennai has carved an identity of a stable market with strong fundamentals. In 2019, it witnessed a 6% rise in Y-O...

Xanadu Realty introduces CODENAME B.L.I.S.S: A new paradigm for plotted land buying in Real Estate

Seaside lifestyle plots in a picturesque residential gated community located at Dapoli, India’s only coastal hill station. More than 600 + lifestyle plots sold in 10 days of pre-launch Mumbai, 4th September 2020 Xanadu Realty, a leading realty platform introduces a Codename B.L.I.S.S (Branded Land Investment Stocks Scheme) that offers an opportunity for Indian consumers to own a piece of curated a...

Essential Commodities Fuel Retail Revival, Avg. Bill Value Up 1.5x Over Pre-COVID-19

 Amidst the pandemic-induced slowdown, essential goods will fuel Indian retail industry’s growth in the coming quarters as consumer expenditure continues to remain focused on essentials—particularly food and grocery—reveals the latest report by ANAROCK & Retailers Association of India (RAI) titled ‘Indian Retail – Certainty Despite Headwinds’.  The average bill value for essentials has gone up...