India – Golden Abodes, a real estate developer with an integrated prime residential and commercial offering has announced the launch of two remarkable projects in Goa: Anantam Signature in Dona Paula and Avisa in Goa Velha. Both developments aim to provide exceptional living experiences in scenic locales, combining luxury, comfort, and natural beauty. Golden Abodes is also unveiling Anantam Signature, an exclusive luxury project in Dona Paula. This development epitomizes coastal living, featuring extravagant sea-view apartments that provide 180-degree panoramic views of the Arabian Sea. With over 40 amenities spread across 70,000 sq. ft., Anantam Signature seamlessly blends luxury with stunning natural surroundings.

“We believe Anantam Signature will set a new benchmark for luxury real estate in Goa,” remarked Amar Shah, Co-founder of Golden Abodes. “Our goal is to create an unparalleled living experience that combines convenience, exclusivity, and the beauty of nature. This project is for individuals and families who seek a home that reflects their aspirations while ensuring a solid investment for the future.”

Prices for Anantam Signature apartments range from making it a sought-after choice for discerning buyers. The development will feature a host of ultra-premium specifications, including home automation, and top-of-the-line finishes like Italian marble flooring and Toto sanitary fittings. Completion is expected by December 2025, with flexible payment plans that cater to the needs of buyers. Avisa, strategically located along the serene Siridao River, offers residents breathtaking views and a tranquil environment. Designed to provide a unique blend of comfortable living and community amenities, Avisa spans 10 acres of lush landscape, with more than 70% open space dedicated to recreational use. The project features over 25 lifestyle amenities, ensuring a fulfilling lifestyle for families and individuals alike.

“Our vision with Avisa was to create a residential community that allows residents to immerse themselves in Goa’s rich culture while enjoying modern amenities,” said Gaurav Mittal, Founder of Golden Abodes. “We are committed to enhancing the quality of life for our residents, and Avisa exemplifies this promise with its exceptional design and natural beauty.”

Prices for apartments at Avisa start from making it an attractive option for buyers seeking an affordable yet premium living experience. The project is scheduled for completion by December 2026, and a straightforward booking process ensures that prospective buyers can secure their future homes with ease—requiring just 20% on booking and the remainder linked to construction milestones. Both projects reflect Golden Abodes’ commitment to delivering exceptional quality and thoughtful design in Goa’s vibrant real estate market. With Anantam Signature and Avisa, the company aims to enhance the living experience for residents while celebrating the unique cultural and natural heritage of Goa.

New Delhi, 22 October 2024: Housr, a rapidly growing luxury co-living brand, has set its sights on expanding its footprint. Along with gearing up for new launches in its existing cities, the company plans to add over 3000 beds in about 30 new properties across seven-seven cities, pushing the number of beds to over 8000 in 100 properties by March 2025.

The company is further planning to explore opportunities in new markets, aiming to hand over 11-12 properties currently in the pipeline along with foraying into new markets, including Chennai & Chandigarh, over the next 3-4 months. With an average occupancy rate between 95-98%, Housr has been quickly adapting to the dynamic market trends.

Sharing more details about the expansion spree, Deepak Anand, Co-founder & CEO, Housr said, “On average, we deliver 3-4 properties per month across our existing markets, and that helps us to maintain a steady pace towards our goal of 100 properties by the end of this fiscal year. Before the pandemic hit us all, we saw significant demand for twin-sharing rooms. However, post-pandemic, the preference has shifted dramatically. We saw exponential demand for single occupancy and, over time, for even more private spaces. At present, we are witnessing the highest demand for 1 BHK units, which is why we are heavily investing in creating new inventory to meet this growing need.”

Talking about Housr’s growth in the past two years, Deepak Anand added, “In the last two years, Housr has tripled in size, driven by both organic and inorganic growth. We’ve seen the market evolve significantly, with tenants willing to pay more for better amenities and larger living spaces. As a result, we’ve transitioned from offering premium to super-premium products to match the demand. We are targeting high-growth areas like Golf Course Road and South City in Gurugram, HSR Layout in Bangalore, and Kondapur and Madhapur in Hyderabad, where the demand for ultra-luxury accommodations is soaring,”.

Housr’s super-premium projects have also attracted corporate clients, who lease entire buildings for their employees. “There is a substantial potential in the B2B market that no other co-living player has tapped into at this level; companies that used to house employees in luxury hotels are now turning to us for long-term stays, which has become an additional revenue stream for our business.” As mentioned by Anand.

On its track to achieve an annual run rate of ₹150 Crore, the company is currently operating at an annual run rate of ₹100 Crore and aims to double this figure over the next 12-15 months. Housr’s portfolio has over 5,000 operational beds across 74 properties in five cities, including Gurugram, Bangalore, Hyderabad, Pune and Vizag.

New Delhi, October 21, 2024: In line with the trends seen in tier 1 cities, housing sales in top 30 tier 2 cities have fallen by 13% in July-September quarter of 2024 while new launches have declined by 34%, according to a report by NSE-listed real estate data analytics firm PropEquity.

Housing sales fell to 41,871 units in Q3 2024 against 47,985 units in the same period last year while launches fell to 28,980 units in July-September quarter of 2024 from 43,748 units in the same period last year, the report said.

The west zone comprising Ahmedabad, Vadodara, Gandhinagar, Surat, Goa, Nashik and Nagpur, contributed 72% to the total sales.

Commenting on the data, Samir Jasuja, CEO & Founder, PropEquity said: “The decline in sales and launches is on account of higher base effect as year 2023 had recorded historic highs. The low cost of living, availability of skilled workforce and advantageous operational cost for companies besides good connectivity and infrastructure in State Capitals have been driving demand for homes. However, as seen from an all-India context, the top 30 tier 2 cities have been underperforming as sales and launches with respect to top ten cities are only 1/3.”

According to the report, the top three cities that witnessed maximum drop in launches were Sonepat, Panipat and Agra. Only 8 cities saw growth in new launches with top three being Bhopal (268%) followed by Dehradun (100%) and Coimbatore (77%).

West Zone contributed 71% to the total launches.

Mumbai, October 19th, 2024: Oberoi Realty Limited, headquartered in Mumbai, today announced its results for the first half of FY25 and the second quarter of FY25. The Company recorded booking value of Rs. 2,509.45 crores for H1FY25 as against Rs 1,441.26 crores for H1FY24. Further, the booking value for Q2FY25 is Rs. 1,442.46 crores as against Rs. 965.01 crores for Q2FY24.

The Consolidated Revenue for H1FY25 is Rs. 2,800.57 crores as against Rs. 2,177.36 crores for H1FY24. Further, the Consolidated Revenue for Q2FY25 is Rs. 1,358.62 crores as against Rs. 1,243.80 crores for Q2FY24.

The Consolidated Profit Before Tax for H1FY25 is Rs. 1,557.50 crores as against Rs. 1,025.12 crores for H1FY24. Further, the Consolidated Profit Before Tax for Q2FY25 is Rs. 782.47 crores as against Rs. 598.89 crores for Q2FY24.

The Consolidated Profit After Tax for H1FY25 is Rs. 1,173.71 crores as against Rs. 777.45 crores for H1FY24. Further, the Consolidated Profit After Tax for Q2FY25 is Rs. 589.31 crores as against Rs. 456.06 crores for Q2FY24.

Commenting on the Q2FY25 results, Mr. Vikas Oberoi, Chairman & Managing Director, Oberoi Realty, said, “India’s economic growth story continues to captivate the world, and the real estate sector has been a key beneficiary of this positive momentum. We are pleased to report another strong quarter driven by healthy residential sales momentum and robust operating performance across our annuity assets.

Today, we launched our first phase ‘Jardin’ at our integrated development Oberoi Garden City Thane and the initial response is a testament to the power of the brand. The first phase comprises of 5 residential towers, of which the bookings have commenced for 2 towers. We are confident that it will set a new benchmark as a holistic integrated development spread across 75 acres offering luxurious homes with world-class amenities, a 5-star deluxe JW Marriott Hotel Thane Garden City, an exclusive Private Membership Club and an Oberoi International School.

Our commitment to deliver exceptional living experiences has solidified our position as a leading player in the market. With a robust launch pipeline, we are well-positioned to capitalize on the growing demand for premium residential properties and drive sustainable growth.”

Hafele’s Loox Range has been meeting the demands for lighting in furniture as well as the growing needs for networking and digitalization since the last 10 years. The solutions offered within this range maximize simplicity and flexibility as well as assure high reliability. The range presents itself as a unique combination of elegant design and state of the art technology making it the perfect choice for any home furniture application, be it Task Lighting for Kitchen cabinets and plinths, Decorative Lighting for Living Room Showcases, Mood Lighting for Bedroom Applications or pure Functional Lighting in Wardrobes.

With the ever-increasing demands for quality and specialized lighting solutions not just for furniture but also for rooms, Hafele in 2019 expanded its range offering to include ceiling cove lighting which incorporates our high-quality strip lights. It was during this period that we realized that among the numerous ceiling light types available in the market, interior architectural lighting had a huge demand, however there weren’t many prominent brands that offered these solutions. On one side, there existed local market players that offered these solutions without effective quality assurances, while on the other there were international brands that only catered to projects with no stable price offering or service support. This left majority of the customers without a viable choice in the market.

Identifying this distinct gap early on as an opportunity, Hafele initiated the research and engineering for a range of lights that enhances the design of architectural spaces as well as provides opportunities of achieving different illumination techniques and functionalities. As a brand, Hafele understands design and is known for its bend towards innovation. It also understands the importance of home ergonomics, lifestyle conveniences and ease of mobility within your surroundings. Our efforts towards this exercise led to the development of a versatile range of architectural lights; Hafele Architectural Lights was brought into existence.

With Hafele’s New Architectural Lighting Range, you will find all your lighting needs taken care of. Whether it is lighting up a small area, highlighting a wall texture, emphasizing on a work of art, illuminating the floor space at night or simply ensuring even distribution of light across the entire space – these lights have got you covered. The range, consisting of 9 series, covers various applications, installation techniques and design themes. Each series comes with a comprehensive offering of the different types of interior lights, be it downlights, spotlight or wall washers, which allows you to implement a consistent design theme (in terms of the lighting fixtures) across the space available, even with differentiated illumination techniques. The biggest advantage this range carries is the absolutely low Unified Glare Rating (UGR). The lower the UGR rating, the lower the glare from the light fittings which therefore results in comfortable illumination in your living spaces.

The convenient plug and play assembly, impressive product specifications, flexibility in ordering components, luminaire finishes, and availability of glare reduction accessories provide an overall customized option tailored to your specific requirements. Engineered on the same philosophy of ‘easiness’ and ‘flexibility’ as the Loox furniture lighting system, Hafele can now be your holistic lighting solutions provider, delivering premium ambient, task and accent lighting for your living spaces.

The Columbia Series

Experience true High-Definition interior lighting with Hafele’s new Columbia Architectural Lights Series that offers excellent true colour reproduction and sharper details. The compact luminaires from this series deliver a brighter light output, thanks to the premium reflectors that direct maximum light from the LED, efficiently illuminating your interior space.

In addition, the wall washer luminaires from this series give a soothing visual experience thanks to the reflector design which directs the light to the wall in a way that the light source is not visible directly. With an extremely low UGR of less than 16 and, single LED and multiple LED linear luminaire options, the Columbia series downlights and wall washers can be used to illuminate smaller and wider areas.

Mumbai has been evolving at an unprecedented pace with critical infrastructure development such as the Aqua Line. In the first 7 days of operation, the aqua line has managed to ease the commute of more than 1,55,000 people, hinting at the significance of the route that connects two extremely important mid-points i.e. Aarey and BKC. With an estimated daily ridership of 13 lakhs once fully operational, areas between Aqua-line stations will benefit from reduced congestion, better and faster connectivity, and a lower lifetime carbon footprint. Now, with Multi-Modal Integration, the focus would be more on last-mile connectivity ensuring seamless connectivity throughout the entire journey. Especially for stations like Aero City near the Santacruz Airport. It would be a game changer for people who have to travel daily to airports and nearby hotels for work. From a real estate standpoint, this line is poised to significantly boost home prices in the months to come. Overall, this development is part of a bigger trend in urban planning that focuses on integrated transport systems. By prioritizing this infrastructure, we’re not just improving access—we’re creating a more connected and adaptable city that can meet the changing needs of its residents. With the Aqua Line’s first phase open, it’s expected to cut 650,000 vehicle trips daily, easing traffic by about 35% on the BKC-Aarey route. It will also save 354,000 litres of fuel each day, helping to reduce the city’s carbon emissions.” – Mr Amit Jain, Chairman and Managing Director, Arkade Developers Limited

Migsun Group announces that the possession process will soon commence for Migsun Janpath, a strategically located high-street commercial project at Shaheed Path, Lucknow.

Migsun Janpath blends high-street retail, premium business suites, studio apartments, and world-class amenities. Situated near Medanta Hospital, Migsun Janpath enjoys excellent connectivity to key city landmarks, including Lucknow Airport, Ekana Cricket Stadium, and Sushant Golf City. Its 4-sided open plot ensures easy access and high visibility, making it a prime location for businesses and investors.

“Migsun Janpath’s proximity to key areas like Charbagh and Hazratganj will ensure a steady footfall which will translate into robust business opportunities, price appreciation and high ROI. We’ve designed Migsun Janpath as an integrated space to cater to a wide range of needs, from luxury retail to healthcare services, offering businesses an unmatched opportunity for growth,” said Yash Miglani, MD, Migsun Group.

Migsun Janpath features high-street retail outlets that includes world-class brands, a food court offering diverse dining options, premium business suites and studio apartments, and a dedicated entertainment zone. Additionally, the project will also have multi-level parking facilities, ensuring convenience for both visitors and tenants, along with 3-tier security, ensuring a safe and secure environment.

With few units still available, Migsun Group also invites buyers and investors to take advantage of this opportunity and invest in ready-to-move-in iconic retail and business destination.

Migsun Group has delivered over 40 projects across the NCR region, earning a reputation for quality, innovation, and timely project completion. With a robust pipeline of upcoming developments, the Group continues to push boundaries and exceed customer expectations, solidifying its leadership in the real estate sector.