Belicia revenue soars to over 200 crores in Q1 with record 80plus units sold

Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units.

Mr. Vedanshu Kedia - Director, Prescon Group

Speaking on the occasion Mr. Vedanshu Kedia, Director of Prescon Group said, “We are thrilled at achieving this remarkable milestone which underscores the strong market demand and the unparalleled appeal of our luxury offerings. As we continue to redefine upscale living in Thane, this achievement not only reflects our commitment to excellence but also positions Belicia as a beacon of luxury and a promising investment opportunity. We look forward to maintaining this momentum and delivering even greater value to our esteemed customers and investors, going forward.”

Belicia, a landmark 48-storey tower sprawling across 1.5 acres, is redefining luxury living in the Thane region with a RERA possession date set for June 2028. Located on the prestigious Nitin Company Compound near Nitin Company junction, it offers a prime address with easy access to top tier local transport, esteemed schools, renowned hospitals, business centers, malls, and dining options.

Belicia offers luxurious 2, 3, and 4 BHK apartments ranging from 779 to 1546 sq ft, starting at Rs. 1.85 crore. Each unit features marble flooring, expansive decks, ample natural light, and ventilation, with select apartments including foyer areas for added privacy. Residents will enjoy panoramic city views and serene Yeoor Hills vistas, with the first habitable floor starting on the 7th level.

According to a recent report by PropEquity, a leading real estate data and analytics firm, Thane has emerged as a standout performer in the real estate market for the first quarter of the calendar year 2024. The city achieved significant sales momentum, recording 26,702 units sold during this period. This impressive figure places Thane among the top cities in terms of quarterly sales, highlighting its robust real estate activity and growing market demand. The strong performance reflects a continued upward trend in property transactions and underscores Thane’s prominence in the real estate sector.

The recent approval by the Union Cabinet for the Thane Integral Ring Metro Rail Project marks a significant milestone set to transform urban mobility and real estate in Thane. Set to become operational by 2029, this project will create vital connections between key residential and commercial hubs, driving substantial growth in the region. As a result, this will further epitomize Thane as an attractive market for investment and appreciation; significantly enhancing the area’s overall economic prosperity.

Panch Pakhadi in Thane (W) saw an 11% price appreciation and 3.02% rental yields in 2022, outperforming other Thane micro-markets. Limited housing supply, superior infrastructure, and upcoming projects are driving this growth. The area’s vibrant commercial hub around Nitin Company further boosts demand. With continued urban development, Panch Pakhadi offers strong investment potential and expected future returns.

Belicia in Panch Pakhadi, Thane is a prestigious address due to its strategic location near the Eastern Express Highway, Thane Railway Station, and upcoming Metro Line 4. Its rapid infrastructure development and connectivity make it highly desirable for both residential and commercial real estate, positioning it as one of the region’s top addresses.

Brandix India Apparel City Rebrands as Adhistan Integrated Industrial Park

industrial park

Visakhapatnam, September 20, 2024: Brandix India Apparel City (BIAC) is pleased to announce its rebranding as Adhistan Integrated Industrial Park, marking the beginning of a new chapter in its journey. Since its inception in 2006, BIAC has evolved into a vertically integrated hub, employing over 100,000 employees. The rebranding to Adhistan represents a strategic shift towards creating a more inclusive environment for its diverse local and international customer base.

A Vision for Growth and Partnership

With its world-class infrastructure, Adhistan is uniquely positioned to foster opportunities for businesses seeking to thrive in a well-connected, integrated industrial environment. Spanning 1,000 acres, the Park will serve as a hub for industries beyond apparel, offering seamless connectivity, cutting-edge facilities, and access to a highly skilled workforce. This transformation aims to create a vibrant and diverse ecosystem, driving sustainable and inclusive growth.

Commitment to Sustainability

While diversifying its industrial focus, Adhistan will uphold BIAC’s legacy of sustainability, by continuing to prioritize environmentally responsible practices. Adhistan remains committed to supporting its partners and the wider community through sustainable industrial development.

Adhistan’s strategic location, world-class infrastructure, and unwavering focus on sustainability offer businesses a solid foundation for growth, collaboration, and long-term success.

Ganga Realty’s ‘Anantam’, Gurugram’s Tallest Residential Tower, Receives Overwhelming Response During EOI Phase

Ganga Realty, a prominent real estate developer based in Gurugram, has recently unveiled ‘Anantam’, the tallest residential tower in the city, located in Sector 85. The project’s Tower A, launched under an exclusive Expression of Interest (EOI) phase, received an extraordinary response from homebuyers in a remarkably short period. Ganga Realty is offering a limited-time Expression of Interest (EOI) with a special inaugural rate. The first 50 buyers can secure units at Rs 16,500 per sq ft, providing significant savings compared to the introductory price of Rs 17,500 per sq ft. With an EOI deposit of ₹10 lakhs, buyers can enjoy benefits worth over ₹25 lakhs. This exclusive opportunity is available for a short period and will be ending on October 11th. Additionally, the company is extending further benefits by waiving the first transfer fee, provided buyers complete 30% of the total payment booking.

Ganga Realty

On September 16th, Ganga Realty held a Bhumi Pujan at the Anantam site to seek divine blessings and helm the project on an auspicious note.

Apart from encompassing the tallest residential towers in the development landscape of Gurugram and Delhi, boasting G+59 floors, Anantam is also overloaded with voguish amenities such as a 1 lakh sq ft state-of-the-art Clubhouse, along with separate Indoor & Outdoor Sports Clubs, a Business Centre, a Dynamic Socio Club, a Museum, a Jewellery Cafe Lobby, and a Knowledge Park.

Talking about the EOI phase for Anantam’s Tower A, Vikas Garg, Joint Managing Director, Ganga Realty, commented, “We are delighted to conclude the opening of the EOI Phase for Tower A of our uber-luxury offering, Anantam. We would like to thank all the homebuyers who showed a vociferous interest in our project. Our project is an amalgamation of our founding philosophy and high-tech technologies to provide skyline living to our customers. We are happy to have received rave reviews about our newly launched project and are equally pleased that our buyers resonated with the concept of Dubai-based living experience we are aiming to recreate with this outing.”

Anantam’s Clubhouse will feature endless recreational amenities such as 4 Infinity Pools, a Gymnasium, a Yoga Room, an Observatory Deck, a Wave Pool, a Sun Lounger, an Open Air Bar, and a Restaurant with a Cafe. Alongside that, the Indoor Sports Club will feature elaborate spaces for new-age sports and fitness regimes such as Table Tennis, Billiards, Squash, Pilates, and a Meditation Room. The Outdoor Sports Club will entail a Cricket Pitch, a Badminton Court, a Jogging Track, a Basketball Court, a Skating Rink, a Kids’ Play Area, a Yoga Deck, a Meditation Area, a Reflexology Area, a Panchtatva Park, a Pet Park, an Open Gym, and a Climbing Wall.

Noida Developers Buying Land Parcels in Faridabad

Faridabad: Faridabad is gradually emerging as a prime destination for real estate investment, particularly attracting interest from developers who are traditionally focused on the saturated markets of Noida and Gurugram. As Noida and Gurugram reach their limits regarding available land and infrastructure capacity, Faridabad is stepping up as a viable alternative, offering promising opportunities and high returns on investment.

Faridabad: Faridabad, strategically located in the National Capital Region (NCR), has long been known for its robust manufacturing base, with notable players like JCB, Escorts, Cisco, Honeywell, etc., being present in the city. However, the landscape is evolving. Faridabad is increasingly being recognized not just for its industrial prowess but also as a growing hub for the service sector. This shift is drawing the attention of major real estate developers, who are increasingly investing in land parcels to capitalize on the city’s growth potential.

The city’s real estate market is currently witnessing a flurry of activity, with big developers from Noida acquiring extensive land parcels. Reports indicate that several developers are now buying 100-200 acres of land in Faridabad. These land acquisitions are primarily for developing a mix of commercial spaces, mixed-use complexes, and large-scale township projects. This influx of investment is set to transform Faridabad into a vibrant and dynamic urban centre, offering diverse opportunities for businesses and residents alike.

One significant example is Bhutani Infra, a well-known name in the real estate sector. Bhutani Infra recently made a notable move by taking a stake in the World Trade Center (WTC), Faridabad project. This investment highlights the growing confidence in Faridabad’s real estate market and its potential as a major commercial hub. Bhutani Infra’s involvement underscores a broader trend of developers recognizing Faridabad as a fertile ground for large-scale projects.

One of the key factors driving this real estate boom in Faridabad is its favourable economic environment and infrastructure developments. Connectivity through some of the major expressways such as Delhi Mumbai Industrial Corridor (DMIC), and Faridabad Jewar Expressway cuts down the travel time drastically. Especially the proximity to the upcoming Jewar Airport will give Faridabad the same edge that Gurugram once enjoyed with IGI Airport. The city is not only becoming a preferred location for global multinational corporations (MNCs) but is also witnessing the establishment of their head offices. This trend is indicative of Faridabad’s growing importance as a business hub, providing both a conducive environment for corporate operations and a high quality of life for employees.

Shailesh Kumar Gupta, NCR Property expert, remarked, “In addition to its appeal to MNCs, Faridabad’s real estate market is benefiting from its existing industrial base and the increasing demand for service sector facilities. The city’s infrastructure improvements and ongoing urban development projects are enhancing its attractiveness as a location for both commercial and residential investment.”

The contrast between Faridabad’s emerging potential and the saturation of neighbouring cities like Noida and Gurugram is stark. While Noida and Gurugram have experienced rapid growth, leading to higher land prices and increased competition, Faridabad offers a more balanced and promising investment environment. The availability of large land parcels at relatively lower costs compared to its counterparts makes Faridabad a compelling choice for developers looking to maximize returns. The influx of major developers, investment in large-scale projects, and the establishment of global MNCs’ head offices are clear indicators of the city’s evolving status. For real estate investors and developers, Faridabad represents a golden opportunity to invest in a market that promises substantial returns and long-term growth.

Adani Realty Celebrated Ganesh Chaturthi with Illuminated New Homes

Mumbai, 20-09-2024 – Adani Realty has elevated Ganesh Chaturthi celebrations this year with a captivating visual tribute to Lord Ganesha. Their prestigious projects, Views and Ten BKC, feature meticulously illuminated homes, forming a breathtaking image of the revered deity, making for a one-of-a-kind spectacle that lights up Mumbai’s skyline.

This innovative display seamlessly blends modern real estate design with the vibrant spirit of India’s beloved festival, establishing these developments as iconic landmarks during the festive season. The intricate, larger-than-life image of Lord Ganesha, formed by the illuminated homes, commands the attention of onlookers, and the community at large.

The glowing tribute has received a resounding reaction, with both the local community and visitors admiring the sensitive incorporation of cultural reverence into contemporary living spaces. This visual extravaganza has quickly evolved as a focal feature of the city’s Ganesh Chaturthi celebrations, attracting great acclaim from visitors. Individuals from many backgrounds have been mesmerised by the grandeur of the exhibition, with many praising the seamless incorporation of cultural meaning into the very spirit of these advancements.

This unique celebration has made Adani Realty’s tribute a memorable highlight of Ganesh Chaturthi.

Taggd Recognized as Star Performer and Major Contender in Everest Group’s 2024 RPO APAC PEAK Matrix® Assessment

Gurgaon, 19th Sep 2024—Taggd, India’s leading digital Recruitment firm, has been named a Star Performer and Major Contender in the prestigious Everest Group’s RPO PEAK Matrix® Assessment 2024—Asia Pacific. This recognition underscores Taggd’s consistent commitment to innovation, operational excellence, and the ability to deliver global cutting-edge talent solutions.

Taggd Recognized as Star Performer and Major Contender in Everest Group's 2024 RPO APAC PEAK Matrix® Assessment

As a Star Performer, Taggd has demonstrated outstanding performance improvements, and its positioning as a Major Contender highlights the company’s strategic growth and impactful contributions to reshaping the talent landscape. Taggd’s technology-driven approach and deep industry expertise have helped businesses attract, engage, and manage talent more effectively, positioning it as a trusted partner for Fortune 500 companies and emerging businesses.

On this achievement, Devashish Sharma, Founding Member and CEO of Taggd, expressed his views:
“This recognition by Everest Group is a testament to our unwavering focus on meeting the evolving talent acquisition needs of our clients. We are here to make each hiring manager successful and every single initiative – whether it is our investment in technology, Data, AI or our Customer focus – is to ensure that. We are incredibly proud of this achievement and are excited to continue our journey.”

“Taggd has established a strong foothold in the Indian RPO market, with deep experience in serving buyers from industries such as manufacturing, hi-tech and telecom, and pharmaceuticals and life sciences. Its prudent investments in creating its own technology stack, data layer, and candidate communities have helped it garner market success,” says Arkadev “Arko” Basak, Partner, Everest Group. “These factors have contributed to its positioning as a Major Contender and Star Performer in Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2024 – Asia Pacific.”

This accolade follows several other recent achievements by Taggd, reinforcing its leadership in recruitment. As businesses across the globe grapple with an increasingly competitive job market, Taggd’s role as a strategic partner continues to be recognized by industry leaders and influencers alike.

Discover Insider.in’s Ultimate Lineup of Navratri Events Across India

Join The Jalsa, Discover Insider.in’s Ultimate Lineup of Navratri Events Across India

India-wide, 19th September 2024: Halo re Halo! As the scent of joy and celebration fills the air, and the nation eagerly awaits the arrival of Navratri, Insider.in, is bringing forth a curated selection of the most spectacular events to soak in the spirit of Navratri right in your city. So, gear up to revel in the nine epic nights of Garba and Dandiya filled with vibrant live performances from popular singers, high-energy dhol beats, and an atmosphere of divine reverence accompanied by delectable cuisine, games, and much more. Grab your tickets on Insider.in before they sell out and make this Navratri an unforgettable ride of memories with friends and family!

Discover Insider.in’s Ultimate Lineup of Navratri Events Across India

Navratri in Maharashtra is all set to dazzle! Your very own events like ‘Radiance Dandiya’, and ‘Rangilo Re’ (with Parthiv Gohil) bring in the perfect blend of traditional Navratri with Mumbai’s unique vibe of glam and culture! The party doesn’t stop there— the ‘MBCA Dandiya Night’ is coming through with a 3-day, action-packed celebration! Also, ‘Boisar Raas Rang Season 3’ will be treating you with top-notch performances from traditional and contemporary artists, cultural displays, exquisite local cuisine and exciting giveaways.

Folks of Gujarat, it’s time to rock your ghagra-choli, kediyu, and kafni, and hit the grounds for some Garba with your gang and groove to the tunes of Sanne Do as the ‘Vadodara Navratri Festival’ returns for its 8th edition, bringing you the best of Gujarati culture and tradition.

Join the biggest ethnic Dandiya bash in Bengaluru with ‘Marathahalli’s BIGGEST DISCO DANDIYA NIGHT’. Pick up your fancy dandiya sticks and sway to the infectious beats and an explosion of festive flair!

Delhities, dive into the electrifying energy of ‘Rock N Dhol Shubharambh 2024’, the city’s ultimate Dandiya and Garba festival! Enjoy an incredible evening of dance, music, food, shopping activities, surprise appearances from your favourite social media stars and a lot more! Don’t miss out on the fun!

Apart from all these, you can pick from a myriad of sizzling Navratri events across the country, all set to enthral you! To make the celebrations even more exciting, Insider.in is offering up to ₹1000 off (T&C applied) on selected events. So, round up your squad and join the Jalsa where India grooves to Navratri’s rhythm!

KAFF Series Nordic: The Ultimate Standard in Premium Gas Hobs

With a legacy spanning over 25 years, KAFF has mastered the art of blending innovation, style, and performance — making them a trusted name in India’s kitchen appliances sector. And when you would want to witness the best of KAFF’s engineering, nothing makes a statement quite like KAFF’s Series Nordic of premium built-in gas hobs. The series gas hobs are the perfect embodiment of this legacy, offering both luxury and functionality in one sophisticated package.

KAFF Series Nordic: The Ultimate Standard in Premium Gas Hobs

Designed to turn heads, KAFF’s Series Nordic gas hobs bring a new level of elegance to any kitchen. With full brass burners, these hobs ensure uniform heat distribution, making every meal you cook a masterpiece. The frosted rock glass and crystal black glass finishes not only offer sleek, modern aesthetics but are also incredibly practical. These surfaces are easy to clean, ensuring your kitchen maintains its pristine charm after every use. And let’s not forget the added durability that comes from the stainless steel molded strip, which not only protects the front edge but enhances the overall premium feel of the hob.

Cooking should be a joy, not a stress, and KAFF has taken safety to heart with the Series Nordic. Every hob in this range is equipped with a Flame Failure Device (FFD) that automatically cuts off the gas supply if the flame is accidentally extinguished. This feature offers peace of mind for those with busy households or for anyone who values safety in their kitchen. Adding to the security, the heavy-duty cast iron pan supports provide rock-solid stability for even the largest cookware. These supports come with an integrated flame protector, giving you an added layer of protection against accidental flare-ups.

When it comes to control, the Nordic Series does not disappoint. The dual-colour metal knobs are not just a design choice — they offer precise control, allowing you to adjust the flame effortlessly to suit whatever you’re cooking. KAFF has also eliminated the need for lighters or matches by integrating electric ignition. With just a simple turn of the knob, you can ignite your burner instantly, making the entire cooking process smoother and more convenient.

No two kitchens are the same, and KAFF understands that. That’s why the Series Nordic comes in two sizes to cater to different kitchen layouts. The dimensions of the Series Nordic hobs are meticulously designed to fit seamlessly into your kitchen, offering a sleek built-in look. With models like MARMOR and CRYSTAL NOIR, available in two sizes each, you have the flexibility to choose the best fit for your space while ensuring that every feature is optimized for ease of use and performance. KAFF’s Series Nordic of premium gas hobs are more than just kitchen appliances — they are a lifestyle upgrade. Not to forget, they’re efficient, and infinitely more stylish.

EDM Mall Brings abCoffee, Adds One More Name to Its Mix of Premium Brands

EDM Mall, Ghaziabad’s leading shopping and lifestyle destination, has further enhanced its dining and entertainment offerings with the grand opening of abCoffee. Known for its signature brews and gourmet treats, abCoffee attracted a crowd of coffee enthusiasts eager to indulge in its unique flavors.

EDM Mall, Ghaziabad’s leading shopping and lifestyle destination, has further enhanced its dining and entertainment offerings with the grand opening of abCoffee. Known for its signature brews and gourmet treats, abCoffee attracted a crowd of coffee enthusiasts eager to indulge in its unique flavors.

Located alongside popular brands such as Costa Coffee, McDonald's, Pantaloons, Shoppers Stop, Miniso, and Mamaearth, abCoffee adds to the vibrant mix of premium options available at EDM Mall, solidifying its position as the go-to hub for families, food lovers, and shoppers alike.

“We are excited to welcome abCoffee to our brand mix at EDM Mall. Known as India’s highest-rated, award-winning, and first tech-enabled coffee company, abCoffee’s focus on quality complements our goal of offering our visitors the best lifestyle and dining choices,” said Gaurav Gulati, Managing Director of CCPL, the owning company of EDM Mall.

In addition to its expanding range of dining choices, EDM Mall boasts a wide selection of top brands such as Metro Brands Mochi, Jockey, Femina, Barbeque Nation, Haldiram’s, Pizza Hut, and many more. The arrival of abCoffee further strengthens EDM Mall’s reputation as a comprehensive lifestyle destination, offering patrons an unmatched shopping, dining, and entertainment experience.

Located alongside popular brands such as Costa Coffee, McDonald’s, Pantaloons, Shoppers Stop, Miniso, and Mamaearth, abCoffee adds to the vibrant mix of premium options available at EDM Mall, solidifying its position as the go-to hub for families, food lovers, and shoppers alike.

“We are excited to welcome abCoffee to our brand mix at EDM Mall. Known as India’s highest-rated, award-winning, and first tech-enabled coffee company, abCoffee’s focus on quality complements our goal of offering our visitors the best lifestyle and dining choices,” said Gaurav Gulati, Managing Director of CCPL, the owning company of EDM Mall.

In addition to its expanding range of dining choices, EDM Mall boasts a wide selection of top brands such as Metro Brands Mochi, Jockey, Femina, Barbeque Nation, Haldiram’s, Pizza Hut, and many more. The arrival of abCoffee further strengthens EDM Mall’s reputation as a comprehensive lifestyle destination, offering patrons an unmatched shopping, dining, and entertainment experience.

Indian Private Credit Solutions Firm Wins Multiple Portfolio Management Technology Awards in the US

Enabling global banks and private credit funds to solve data and scalability challenges

New Delhi, Sep 19, 2024: Oxane Partners, a leading technology-driven solutions provider to private markets, shares that its Oxane Panorama solution has been recognized with three U.S. awards – ‘Best Portfolio Management System of the Year’ at the PE Wire U.S. Credit Awards, and ‘Best Portfolio Management Software’ as well as the ‘Best Data Management Solution’ at the HFM U.S. Services Awards. The awards were presented in New York on September 12th, recognizing leading players in the alternative credit space.

As the size of the private asset market grows, investment firms are increasingly prioritizing strategic technology initiatives to unlock value and scale. Over the past decade, the market has grown by 10-fold and continues to expand, necessitating demand for solution partners who can effectively address the needs of investment firms in portfolio management, while enabling scale in a growing market.

For over a decade, Oxane has been addressing these needs with its flagship solution, Oxane Panorama suite of solutions. Built ground up for private credit, Oxane Panorama offers holistic coverage across asset-based lending, corporate credit, real assets, whole loan portfolios, securitized products, fund finance, and other illiquid assets, all within one unified ecosystem. By integrating a technology-first approach with deep domain expertise, Oxane continues to align with its mission of digitalizing and transforming private credit investments for its clients globally. As a reflection of Oxane’s commitment to client success, Oxane has been recognized with more than 25 accolades globally across its suite of solutions and services.

“As private credit grows in both size and importance, leveraging technology-driven solutions to analyze and manage investments is becoming imperative. Investment firms are looking for solution partners who share a common data language across investment processes. For over a decade now, our focus on private credit, combined with complementary technology, and domain expertise, has enabled our clients to achieve scale and control over their investment operations,” said Sumit Gupta, Co-Founder, and Managing Director of Oxane.

“We are pleased to be recognized with multiple award wins in a single night. These recognitions highlight our growing impact in the US market and the trust our clients place in us as we continue to deliver right-fit solutions for their private credit investments,” said Mr. Kanav Kalia, Chief Sales and Marketing Officer, Oxane Partners.

“As we mark a decade of innovation, we will continue to address market needs, expand the capabilities of Oxane Panorama’s suite, and bridge the technological gap within the global private credit ecosystem,” he added.