Author: RM Bureau
Pre-budget expectation quote from Dr. Srikanth Sola, Director, CEO and Co-founder, Devic Earth
Dr. Srikanth Sola, Director, CEO and Co-founder, Devic Earth: “India has 9 out of the 10 most polluted cities in the world. But our country has only 800 or so air quality monitoring stations, almost all of which are in the cities. We hope that the Finance Minister will address this critical issue in the Union Budget. Monitoring and Measurement is key and first step towards improvement. India...
SIMPLIFORGE LAUNCHES INDIA’S FIRST STATE-OF-THE-ART ROBOTIC CONCRETE 3D PRINTER AT CHARVITHA MEADOWS
Minister for Finance, Health and Family Welfare, Govt. of Telangana, T. Harish Rao, inaugurated the Robotic Construction 3D Printer in Siddipet National, 19 January, 2022: Simpliforge Creations, provider of additive manufacturing solutions, today launched their first-of-its-kind, state-of-the-art Robotic Construction 3D Printer. Claimed to be India’s first and South Asia’s largest Robotic Construc...
BSE Realty Index clocks 204% growth amid COVID-19, outperforms other sectoral indices
B/w 1st Apr. 2020 to 12th Jan. 2022, S&P BSE Consumer Durables Index records 138% growth, Consumer Discretionary Goods & Services Index 140% & Auto Index 149% S&P BSE Sensex once again surpassed 61,000 mark on 12th Jan 2022 – is 2.2X of 1st Apr 2020, registering a 116% growth As per ANAROCK Research’s select set of listed developers, their share of overall residential area so...
Kingston Technology brings compelling offers for Amazon Great Republic Day Sale
Mumbai, January 17: Kingston Technology, a world leader in memory products and technology solutions, has also come up with recommendations for the stay-at-home scenarios. With a few simple additions and adjustments, it can improve your workflow and productivity, whether for work-from-home, gaming, or education from home. Kingston Technology has also kept in mind that customers do not have to dig d...
Sector looking for bold steps from Budget to sustain revival
While the real estate sector anticipates a rebound in home demand in 2022, Budget 2022 is expected to play a supportive role. The sector expects that the forthcoming union budget will include tax relief for the real estate sector, GST waivers or reductions, and a revision in the definition of affordable housing, among other things. Despite the ongoing Covid-19, the sector has seen a surge in deman...
Embassy Taurus TechZone Announces the Single Largest Office Lease Transaction in Trivandrum, with Allianz Companies as the First Marquee Tenant
The single largest office-lease transaction of its kind in Trivandrum Demand for grade-A commercial real estate and thriving business ecosystems is expected to witness soaring growth in Kerala 18th January, 2022 | National: Embassy Group, one of India’s leading commercial real estate developers, announced Allianz companies as its first marquee tenant, at the state-of-the-art Embassy Taurus TechZon...
CROWN WORLDWIDE GROUP OPENS RECORDS MANAGEMENT CENTRE IN CHANDIGARH
Mumbai, Jan 18, 2022 – Crown Worldwide Group, the world’s largest privately-held group of international logistics and related services companies, is pleased to announce the opening of a new state-of-the-art Records Management Centre in Chandigarh. As part of its commitment to provide an enhanced level of support to the clients, the facility is the third records management centre in northern ...
Vinod Cookware Launches ‘Vinod Popular Non-Stick’ Designed With 100% Virgin Aluminium
This new range of non-stick products comes with premium quality and affordable prices, ensuring even heat distribution and preventing food from burning. 18th January 2022, Mumbai: Vinod Cookware, a household name in the Indian kitchens, continues its tradition of crafting kitchenware for healthy cooking with the launch of new Vinod Popular under its Non-stick range. These are available in 3 and 4 ...
Alkem Laboratories to launch state of the art technology for diabetic foot ulcer management
Mumbai, January 18, 2022 – Alkem Laboratories Ltd. (Alkem) hereby announces to launch a unique patented technology for the treatment of Diabetic Foot Ulcer (DFU) in India. The solution would be based on disruptive 4D Bioprinting technology, which would be used to treat deep, non-healing chronic wounds and is expected to be launched in the Indian market in the latter half of 2022 post regulat...
CuriousJr takes an initiative on National Startup Day by organizing India’s Young Innovators Program
CuriousJr, a Gurugram-based online platform, is hosting India’s Young Innovators program. This event will help young minds to take a step ahead in their entrepreneurial journey and, in turn, help them fetch a wide knowledge of and experience in this field. New Delhi, January 18, 2022: CuriousJr, a Gurugam based online coding platform for kids, empowers young minds to learn coding on mobile.Curious...
Vedanta Aluminium & Runaya Refining win ‘Gold’ for green technology partnership
‘Best in Recycling or Material Recovery Facility of the Year’ at BW Recycling for Greener Tomorrow Awards 2022 New Delhi; 18th January, 2021: Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, and Runaya Refining, one of India’s fastest growing manufacturing start-ups, have won the ‘Gold’ award at the (Business World) BW Recycling for a Greener Tomorrow Awa...
L&T Dispatches Critical Reactors to the USA for Renewable Diesel Project ahead of schedule
Delhi, January 17, 2022: The Heavy Engineering arm of Larsen & Toubro, flagged off five critical renewable diesel reactors to North America’s largest renewable diesel producer Diamond Green Diesel (DGD), two weeks ahead of the contractual delivery date. DGD is a joint venture of Darling Ingredients Inc. and Valero Energy Corporation in Texas, USA. L&T is executing additional three such gre...
Unsold Inventory Down to 32 Months From 55 Months by 2021-end, Close to 2019 Levels
Top 7 cities’ housing inventory overhang declined from 55 months (2020) to 32 months (2021); 30 months in 2019 Inventory overhang in Delhi-NCR dropped the most in a year – from 89 months in 2020 to 49 months in 2021 Bengaluru’s current inventory levels are the lowest among the top 7 cities at 21 months, followed by MMR Inventory overhang in MMR reduced to below 30 months for the first ...
Last Block of Ashiana Nirmay – Senior Living in Bhiwadi Launched
The residential project meant for senior citizens provides wellness and health-focused habitat The last phase has already received interest from 58 prospective customers New Delhi/Bhiwadi, 15thJan 2022: Pioneers of senior housing concept in India and rated No.1 five times in a row by Track2realty, Ashiana Housing today announced the launch of the last block of Ashiana Nirmay, its marquee senior li...
Anil Chaudhary, former CMD, Steel Authority of India joins Primus Partners as Advisor
New Delhi, 14th January 2022: Primus Partners announced joining of Anil Kumar Chaudhary, former Chairman, SAIL as an Advisor to support Primus’ growth journey and leadership on strategic initiatives. A widely acknowledged industry leader, Anil Chaudhary was formerly Chairman & Managing Director, Steel Authority of India Limited (SAIL). Prior to assuming leadership of SAIL, he led multiple func...
Inputs on Budget Expectations 2022 (Real Estate + Infra)
Aditya Chamaria, MD, Damodar Ropeways & Infra Limited We expect the Government to introduce measures in this Union budget 2022-23 which will help to improve the potential of ropeways, boost tourism and enhance urban transport connectivity. GST on ropeways currently is at 18%, which is higher than that on air travel at 5% (economy) 12% (Business class), Railways (5%), Highway Tolls (0%). In fac...
Quote on Expectations from Union Budget for Real Estate & Infrastructure Sector
Siraj Saiyad, Director, ARETE Group “At a time when the country is anticipating another threat due to the outbreak of the Omicron virus that may reach its peak in February as per experts, viz. Also around the time of the Union Budget, the industry looks forward to the much-needed incentives in the upcoming budget, especially as the real estate sector is the primary contributor to the uptick ...
ARETE Group introduces Experience Centre for Superlative Experiential Showcase of its Flagship project – Payal Industrial Park
Gujarat, January 2022: One of India’s largest industrial Park developer, ARETE Group, has unveiled a state-of-the-art Experience Centre at PIP (Payal Industrial Park) in Dahej PCPIR, Gujarat, with the objective to provide a realistic virtual experience to industry veterans during their project visits at Payal Industrial Park. Nudging an Industry Key Personnel toward making a decision is the most i...
Pre-budget Expectations for the real estate sector by Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group
Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group “Real estate being the second-highest employment generator and contributing more than 8 percent to the economy, the expectations from the 2022-23 budget are high and the industry is awaiting big announcements that will alter the future of the real estate sector. The Central and State governments rol...
Upcoming Union Budget – Inputs from Mr. Manas Mehrotra, Founder, 315Work Avenue, a leading co-working firm.
Amidst this new normal, the flexible co-working industry has become more relevant than ever and the demand for co-working spaces have surged significantly owing to its affordable pricing options and flexible work culture. Many large enterprises and corporates have also shifted their gears to the co-working space as they embraced the hybrid work model to suit their organizational requirements. Taki...
Vedanta Aluminium becomes India’s largest industrial consumer of renewable energy in 2021
About 2 billion units of renewable energy procured through the Power Exchanges for Aluminium Smelter located at Jharsuguda, Odisha Reduction in GHG emissions intensity by over 1540 KtCO2e at Jharsuguda Smelter At over 2.8 million certificates, BALCO was India’s largest REC buyer New Delhi; 13th January 2022: Vedanta Aluminium Business, India’s largest producer of aluminium and value-added produ...
Real Estate : Upcoming Union Budget – Inputs from Experts
Mr. Manas Mehrotra, Founder, 315Work Avenue, a leading coworking firm. Amidst this new normal, the flexible co-working industry has become more relevant than ever and the demand for co-working spaces have surged significantly owing to its affordable pricing options and flexible work culture. Many large enterprises and corporates have also shifted their gears to the co-working space as they embrace...
Real Estate : Upcoming Union Budget- Inputs from Experts.
Lincoln Bennet Rodrigues, Chairman & Founder, The Bennet and Bernard Company, known for luxury holiday homes in Goa. The residential sector is seeing a strong bounce back from the coronavirus pandemic crisis. The expectations from upcoming budget are high for the real estate sector and the industry is awaiting big announcements and policy support that can not only revive the sector but also al...
Real Estate : Upcoming Union Budget – Inputs from Experts
Mr. Ramani Sastri – Chairman & MD, Sterling Developers Pvt. Ltd The Indian real estate market has seen a rebound and displayed a lot of resilience post pandemic. Now, to sustain the momentum, the real estate sector is looking forward to the much-needed reforms and incentives in the upcoming budget, especially as the sector is the primary contributor to economic growth. Even though the go...