Real Estate Decarbonisation Platform Accacia Raises US$6.5m Pre-A Round Led by Illuminate Financial
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
2d ago
New Delhi, April 22, 2024: Accacia, a decarbonisation platform focusing on the Real Estate and Infrastructure sectors, has closed a US$6.5m pre-Series A round led by Illuminate Financial – a specialist VC firm focused on enterprise fintech companies building solutions for the financial services industry with offices in New York, London and Singapore. Southeast Asia based AC Ventures also participated in this round, alongside continued support from early backers Accel and B Capital. Real estate and construction activity contribute to about 40 per cent of global Greenhouse Gas (GHG) emissio ..read more
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BOP Group secures ₹90cr sales rights in collaboration with Migsun Group for Rohini Central Mall
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1w ago
New Delhi, April 15, 2024: BOP Group, the leading real estate consultancy firm in the Delhi-NCR region with a legacy of over 17 years, is thrilled to announce its strategic collaboration with Migsun Group, one of the fastest-growing real estate conglomerates in Northern India. This collaboration marks a significant milestone in the real estate industry, as both entities join forces to present an unparalleled sales opportunity at Rohini Central Mall.  BOP has acquired official rights to sell units worth ₹90 Cr. as a part of the opportunity. The project covers a significant area of One ..read more
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‘Prescon Midtown Bay’ receives Best Luxury Residential Development in South Mumbai
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1w ago
Project offers panoramic views of the Arabian Sea & Bandra-Worli Sea link  Mumbai, April 13, 2024: ‘Prescon Midtown Bay’ Mahim, a landmark project of the Prescon Group received an award in the category – “Best Luxury Residential Development in South Mumbai”conducted by RadioCity. The award was presented by tinsel town celebrity Mugdha Godse at the Mumbai City Icon award by Radio City at a glittering ceremony held in Mumbai. Speaking on the occasion, Mr. Vedanshu Kedia, Director, Prescon Group said, “We are absolutely delighted to have received this award. Th ..read more
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Antica Ceramica Unveils Bathroom Wall & Floor Tiles Collection
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
3w ago
New Delhi, April 02, 2024: Antica Ceramica, a pioneer in tile design, proudly unveils its latest Bathroom Wall & Floor Tiles Collection, marking a significant evolution in bathroom design. With a keen understanding of consumer preferences, this collection caters to the diverse tastes and functional needs of modern homeowners.  Featuring an array of styles ranging from classic to avant-garde, the collection encompasses subway patterns, tropical themes, intricate designs, and designer tiles. Each tile in the collection is meticulously crafted to marry artistry with functionality. F ..read more
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IRA (Indian REITs Association)Hosts its First CEO Roundtable toAdvance its Agenda for Growth, Governance, and Investor Advocacy
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
3w ago
REITsin India have distributedover ₹15,500 Crores in the last 5 yearssurpassing the entire NIFTY Realty Index combined Mumbai, March 29, 2024: The Indian REITs Association (‘IRA’), formed under the guidance of the Securities and Exchange Board of India (SEBI) and the Ministry of Finance, organized its first CEO roundtable in Mumbai today. Hosted by the founding members of the IRA, the event was attended by Mr. Alok Aggarwal, MD and CEO of Brookfield India Real Estate Trust, Mr. Aravind Maiya, CEO of Embassy REIT, Mr. Ramesh Nair, CEO of Mindspace Business Parks REIT, and Mr. Dalip Sehgal, CE ..read more
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Mumbaikars are worried about Safety: Vertically Growing Infrastructure lacks Fire Safety and Evacuation Plan
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1M ago
Mumbai, March 12, 2024:  Reports indicate that Mumbai’s skyline has been growing at a rapid pace, with tall buildings being constructed in areas such as Malad, Goregaon, Powai, Vikhroli, and Kanjurmarg. Although Central and South Mumbai continue to be high-rise hubs due to their prime locations and high land prices, the city has seen over 70 new high-rise buildings in the first half of 2023, with 60 of them being above 150 meters and 10 towers exceeding 200 meters in height. A report by CBRE South Asia shows that 77 percent of tall buildings in India are in Mumbai, which also co ..read more
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The future of real estate contains enormous promise and opportunity for women
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1M ago
Anjana Sastri, Director – Marketing, Sterling Developers The demand for residential real estate has grown exponentially over the last few years. However, the most noteworthy development is the remarkable rise in the number of women who are making a mark in the real estate sector with their visionary approach and strong business acumen. Real estate has undergone a sea of change in the country with changes in gender diversity, putting to rest the earlier norm of real estate being a male-dominated industry. From property consultants, channel partners and agents to engineers, architects and leader ..read more
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NAREDCO Maharashtra Appoints Pratik Kataria as Joint Treasurer, Reinforcing Financial Governance
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1M ago
Mumbai, March 05, 2024 :  NAREDCO Maharashtra proudly announces the appointment of Pratik Kataria as the Joint Treasurer, effective February 2024. Having previously served as a Committee Member, Pratik brings his wealth of experience and expertise to this new role, contributing to the continued success of NAREDCO Maharashtra. Prior to assuming a position in the committee, Pratik served as President of NextGen Committee, Secretary, President-Elect at NextGen, NAREDCO Maharashtra and Secretary for the NextGen NAREDCO Maharashtra Committee. Additionally, as the Director of Sainath Developers ..read more
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Tower A at Dynamix Group’s Avanya Project Receives its Occupation Certificate (OC)
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1M ago
The group also demonstrates high value and a deep a commitment to excellence in real estate with over  145 flats sold during the launch of its new tower in Thane.  Mumbai, March 04, 2024 : The Dynamix Group,  a well regarded name in the real estate sector, has recevied the Occupation Certificate for Tower A in its Avanya project, paving the way for the company to hand over 205 apartments to its customers. The tower is the first of four in the overall devel ..read more
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Mumbai registers highest property registrations for February month in last 12 years
The Property Times | Real Estate News & Views Portal
by The Property Times News Bureau
1M ago
New Delhi, February 29, 2024: Mumbai real estate market witnessed a significant upturn in February 2024, with property registrations soaring to 11,742, a 21 percent increase compared to February 2023’s 9,684 registrations, and a 7 percent rise from January 2024’s figures, as per data from IGR Maharashtra. This growth marks the highest number of property registrations for any February in the last twelve years, underscoring a buoyant demand for real estate in India’s financial capital. The prior peak in February 2022 was fuelled by heightened optimism and the release of pent-up demand as the pan ..read more
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