A Year of Achievements: Industry Leadership and Key Highlights of 2024

2nd January 2025  New Delhi, Delhi, India As 2024 draws the curtain, it’s time to look back at the year of transformative achievements and forward-thinking innovation across industries. While the year was full of changes and new policies, each industry witnessed dynamism in the most progressive format possible. Setting new benchmarks and navigating the global landscape with resilience and creativity, the list of achievements is the one to note. From pioneering advancements in wireless communication and ground-breaking AI-powered tools to reimagining workplace strategies and enhancing retail experiences, the sectoral journey this year has been nothing short of remarkable.

From tech to education to HR to retail, here is what some leaders from across industries have to say about the year gone by and what they expect from 2025:

Mr. Konark Trivedi, Founder and CEO, Frog Cellsat Ltd.

The year 2024 has been transformative for India’s telecom sector, marked by significant policy initiatives and remarkable achievements that have strengthened the national digital infrastructure. Key initiatives such as the Telecom PLI Scheme and the BharatNet project have played a central role in expanding broadband access, boosting local manufacturing, and fostering over 22,000 job creation; positioning India as a global manufacturing hub.

The Telecommunication Bill 2024 was a milestone in modernizing regulations, addressing issues like spam calls and ensuring consumer protection. Similarly, the accelerated rollout of 5G, supported by programs like GatiShakti, tackled deployment challenges through coordinated efforts between the government and private players. A focus on energy-efficient networks and infrastructure sharing also helped manage rising operational costs, ensuring growth remained sustainable.

Looking ahead to 2025, the sector must build on these achievements by fostering innovation in areas like public-private partnership, facilitating R&D and promoting penetration of better connectivity in lesser connected areas. Ensuring data security and stringent policies to avoid surpassing any regulation should also be the key focus to ensure privacy rights of the patrons.”

Mr. Suhas Misra, Co-Founder and Co-CEO of Channelplay

“Channelplay is in a phase of strong growth, driven by an ever-increasing demand for professionally managed sales teams, visual merchandising, and tech deployment in the channel in general including loyalty platforms, SFA, and CRM. Our continued focus on execution has us all set to grow by more than 38% year-on-year. As we look forward to 2025, we see GenAI impacting various dimensions of the channel, and as India’s leading channel solutions company it is not simply an opportunity but also our responsibility to use it to the fullest. Our ongoing investment in our full channel-tech stack has been supercharged by the possibilities that GenAI has to offer.”

Ms. Lina Ashar, Founder, Dreamtime Learning

2024 reaffirmed the potential that lies in innovative solutions, multi-dimensional resilience, and collaboration in the context of transforming education and the best learning for the future. It has been a good year where problems were solved with creativity to encourage redefining of the learning processes.

Together, we have supported efforts that sought to use challenges as good mechanisms to creatively transform the process of learning.

As we move forward to 2025, our resolve to this particular mission does not change. We wish to harvest from the energy that we had last year in transforming educational growth by making bold innovations and establishing futuristic learning that should promote holistic, creativity, and a culture of learning.

The aim will always remain to prepare students with abilities and knowledge towards the new global challenges that are becoming more sophisticated.

Mr Piyush Peshwani, Co-founder and CEO at OnGrid

“2024 marked a transformative shift in the background verification landscape as businesses adopted scalable, tech-enabled solutions to meet evolving workforce needs.

For white-collar roles, AI-powered systems have streamlined credential verification and identity checks, enhancing speed and accuracy. For blue-collar workers in high-demand industries like logistics, retail, and manufacturing, the focus has expanded to include behavioral assessments, criminal checks, and skill-based evaluations to ensure workforce reliability and quality.

Verified employment records are empowering workers with opportunities for upward mobility, creating a ripple effect of social and economic impact.

As organizations prioritize trust and efficiency, 2025 promises deeper integration of verification into hiring workflows, setting new benchmarks for workforce assurance while adhering to stringent data privacy regulations.”

Mr Chitranshu Mahant, CEO & Co-Founder at Primebook

“2024 had been a pivotal year for Primebook, with major turning points as we increased our presence in the market for affordable laptops. Given the growing need for affordable, high-performing gadgets, particularly in tier-2 and tier-3 cities, we focused on providing students and learners with cutting-edge technology that meets their specific requirements.

The industry saw a paradigm shift this year, with consumer electronics prioritizing cost and affordability. The growing recognition of e-learning and government-sponsored digital education programs has increased the demand for internet-ready, lightweight laptops with extended battery life. Also, the emergence of AI in consumer electronics has fuelled innovation by allowing for smarter, more personalized gadgets that meet changing customer needs. These trends have made the Indian market a hub for educational technology.

We look forward to 2025, which for us would mean integrating AI-driven functionalities and cloud computing as an integral part of Primebook’s offerings, with a goal of reshaping the way students and learners engage with technology. Empowering the next generation of people with tools that are affordable and adaptive to the evolving digital landscape is at the forefront of our goals for the coming year.”

Mr. Harsh Jayesh Ruparel, CEO of Commbitz

The eSIM industry in India has continued to gain remarkable traction, driven by new advancements in connectivity and the growing adoption of digital-first solutions. The year 2024 witnessed significant milestones in the sector, including the mainstream adoption of eSIM technology by major smartphone manufacturers and an increasing shift by operators towards providing seamless eSIM activation experiences for their consumers.

In this rapidly evolving landscape, Commbitz has emerged as a key enabler, offering advanced eSIM solutions designed to simplify connectivity and enhance user experiences. From seamless activation processes to robust compatibility with 5G networks and IoT devices, Commbitz is committed to meeting the diverse needs of consumers and businesses alike. By focusing on innovation and customer-centric solutions, we are bridging the gap between technology and accessibility.

The rapid rollout of 5G services has further boosted the demand for eSIMs, enabling devices to leverage faster data speeds and improved network efficiency. Furthermore, innovation in IoT solutions has opened new opportunities for eSIM adoption across consumer and enterprise markets.

As we look to 2025, the eSIM industry is poised for exponential growth, with further advancements in interoperability and integration across multiple devices. A more extensive rollout of eSIM support in budget-friendly smartphone segments is anticipated, democratizing access to this transformative technology. Moreover, as sustainability becomes a core focus, eSIMs will play a crucial role in reducing the environmental footprint of traditional SIM cards.

Premium Car Repairs Made Easy with Edel Assurance’s Cashless Solution

2nd January 2025 Mumbai, Maharashtra, India Edel Assurance, a pioneering provider of extended auto warranty services, is proud to announce its comprehensive and customer-centric warranty plans that revolutionize the way premium vehicle owners manage unexpected repair and maintenance expenses. With its emphasis on offering comprehensive coverage and easy, cashless repairs, Edel Assurance is poised to emerge as the preferred partner for car owners looking for long-term investment value and peace of mind.

Transforming Vehicle Repair Experiences

The days of car owners experiencing excessive stress owing to six-figure repair expenditures are long gone. In addition to the engine and transmission, Edel Assurance provides comprehensive coverage plans. Edel Assurance, a partner dedicated to car performance, safety, and dependability, makes sure that clients only obtain high-quality services from approved dealers. Vehicle owners can save a significant amount of money by selecting Edel Assurance’s extended auto warranty, which provides protection against both major repairs and related labor expenses.

A Comprehensive Warranty That’s More Than a Promise

Edel Assurance’s commitment to its customers goes beyond just providing a warranty; it is a pledge of superior service. The company offers unparalleled benefits such as:

  • Claims Settled in Less Than 24 Hours: With a streamlined claims process, Edel Assurance guarantees that vehicle owners can access necessary repairs promptly and efficiently.
  • Policy Approval in 24 Hours: Fast and hassle-free policy approval ensures that customers can enjoy peace of mind without delays.
  • 24/7 Roadside Assistance: Vehicle breakdowns can be unpredictable and stressful. Edel Assurance provides dedicated round-the-clock roadside assistance available across India. Whether it’s a flat tire or an emergency tow, expert help is just a phone call away.

Tailored Coverage Plans at Competitive Rates

Edel Assurance prides itself on offering some of the highest levels of vehicle coverage at the most competitive rates in the market. By offering a range of policies tailored to each car owner’s particular requirements, Edel Assurance guarantees that clients get the best protection without breaking the bank. The guarantee covers a variety of essential car elements, including powertrain components and cutting-edge safety features, protecting consumers from unforeseen repair costs.

A Consultative Approach to Customer Satisfaction

Edel Assurance is more than just an extended warranty provider; it’s a trusted partner committed to customer confidence. From the moment a vehicle owner requests a quote, the Edel team engages in a consultative approach to help them choose the perfect plan tailored to their requirements. Each step of the process is explained in detail to ensure transparency, trust, and satisfaction.

Experience Quality, Safety, and Reliability with Edel Assurance

“At Edel Assurance, we believe that our customers deserve the best in vehicle protection,” said Sujeet Nair, CEO and Founder of Edel Assurance. “Our comprehensive warranty plans are designed not just to meet, but to exceed customer expectations by providing unparalleled service, coverage, and peace of mind. We are committed to ensuring that premium vehicle ownership is a hassle-free and cost-effective experience.”

This Brand Revives Monochrome Magic for Men – A GQ India Exclusive

2nd January 2025 Delhi, India Recently featured in GQ India, BWG is a luxury menswear brand that has captivated the fashion world with its uncompromising dedication to a monochromatic palette.

Specializing in Black, White, and Grey, BWG offers a curated collection of Pullovers, Shirts, T-Shirts, and Polos, each crafted with an unwavering commitment to exceptional quality and minimalist aesthetics.

Unveiling a New Standard of Luxury:

BWG’s focus extends beyond color, emphasizing the finest materials available.

Knitwear: Crafted from 100% Australian Merino Wool, certified by the Woolmark Association, ensuring unparalleled softness, warmth, and durability.

T-Shirts & Polos: Utilizing 100% US Supima Cotton, renowned for its exceptional strength, softness, and luster, and certified by the Supima Association.

A Philosophy of Minimalism:

The brand name, BWG, succinctly encapsulates its philosophy: “Men in Monochrome.” This reflects a modern approach to menswear, emphasizing confidence, individuality, and a refined sense of style.

Explore the BWG Journey:

For a deeper understanding of the brand’s ethos and commitment to quality, visit the BWG website and explore the “Origins” page.

Good Governance Conference Held at SGT University in Honor of Atal Bihari Vajpayee’s Centennial

2nd January 2025  Gurugram, Haryana, India  SGT University, in collaboration with Rambhau Mhalgi Prabodhini, organized an influential conference titled “Good Governance through Effective Implementation” to commemorate the 100th birth anniversary of Shri Atal Bihari Vajpayee and highlight the continuation of good governance under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi.

The conference marked the culmination of a year-long initiative by Rambhau Mhalgi Prabodhini and SGT University to explore effective policy implementation and featured an illustrious gathering of leaders and policymakers. Distinguished attendees included Shri Nayab Singh Saini (Hon’ble Chief Minister of Haryana), Professor (Dr.) Manik Saha (Hon’ble Chief Minister of Tripura), Shri Om Prakash Choudhary (Hon’ble Finance Minister of Chhattisgarh), and Dr. Vinay Sahasrabuddhe (Vice Chairman, Rambhau Mhalgi Prabodhini).

Speaking at the event, Shri Nayab Singh Saini highlighted Haryana’s strides in development and governance, paying tribute to Shri Vajpayee’s legacy. “Atal Ji’s dedication to the nation is unparalleled, and his ability to connect with people remains unmatched,” he remarked.

Professor (Dr.) Manik Saha shared insights into governance innovations from Tripura and commended SGT University for its world-class facilities. “The National Reference Simulation Centre is a true testament to excellence,” he noted.

Shri Om Prakash Choudhary emphasized the role of financial reforms in driving economic growth in Chhattisgarh, while Dr. Vinay Sahasrabuddhe lauded Shri Vajpayee’s vision for effective governance and its enduring relevance.

The event also recognized two exemplary leaders with the “Art of Implementation” award for their outstanding contributions:

Dr. Sachchidanand Joshi, Member Secretary and the Executive and Academic Head of the Indira Gandhi National Centre for the Arts (IGNCA), for his work in culture and education.

Dr. M. Srinivas, Director of AIIMS Delhi, for his transformative impact on healthcare administration.

In his closing remarks, Dr. Madan Mohan Chaturvedi, Vice-Chancellor of SGT University, expressed gratitude to the esteemed guests and reaffirmed the university’s mission. “SGT University is dedicated to fostering social transformation and academic excellence,” he concluded.

Indian Real Estate in 2024: A Year Marked by Growth and Innovation

2nd Janua 2025 Delhi NCR, Delhi, Indiary The Indian real estate sector in 2024 showcased resilience, innovation, and a redefinition of luxury and sustainability. Both residential and commercial spaces witnessed transformative growth, underpinned by infrastructure advancements, rising buyer aspirations, and increasing investments in Tier 1 and Tier 2 cities.

From the bustling markets of Delhi-NCR to the serene landscapes of Tier 2 cities like Solan and Dehradun, industry leaders share their reflections on the milestones of 2024 and their vision for the road ahead.

Luxury Residential: A New Standard of Living

The demand for premium homes in 2024 saw a 20% increase in key markets such as Delhi-NCR, driven by infrastructure projects like the Noida International Airport and the expanding aspirations of homebuyers.

Yukti Nagpal, Director, Gulshan Group, highlighted, “The year 2024 has been a defining chapter for the real estate sector, marked by unparalleled growth and unwavering resilience. Leading this evolution, the Delhi-NCR region emerged as the epicenter of demand for premium residential spaces, a trend shaped by transformative infrastructure milestones like the Noida International Airport and the rising aspirations of modern, discerning households.”

At Gulshan Group, 2024 also marked the delivery of Gulshan Dynasty, a true epitome of luxury and refined living. Gulshan Dynasty stands as a testament to our unwavering commitment to delivering spaces that not only meet but exceed the expectations of modern homebuyers—spaces that blend opulent design, timeless aesthetics, and impeccable craftsmanship.”

She further added, “Looking ahead to 2025, we anticipate an even greater shift towards convenience-driven luxury, particularly in the hospitality sector. Today’s discerning audience seeks holistic experiences that combine comfort and intuitive services. Convenience is the new luxury—a trend that underscores a desire for effortless living amidst the hustle and bustle of modern life.”

Rajjath Goel, Managing Director, MRG Group further said, “2024 has been a year of growth for the luxury residential sector, with Gurugram continuing to attract demand driven by both high-net-worth individuals and professionals seeking world-class living. The focus has been on delivering premium homes that combine elegant design, cutting-edge amenities, and sustainability. As we look to 2025, the emphasis will be on expanding luxury offerings to meet the evolving needs of sophisticated homebuyers. With an emphasis on quality and innovation, the sector is poised to redefine modern living and create spaces that cater to the aspirations of the next generation of residents.”

Commercial Real Estate: A Growth Catalyst

The commercial real estate market in India flourished in 2024, with Grade-A office space absorption crossing 52 million sq. ft., reflecting a 15% year-on-year growth. Gurugram led the way, powered by its robust connectivity and strategic developments like the Dwarka Expressway.

Harinder Singh Hora, Founder and Chairman, Reach Group, stated, “In 2024, the Indian real estate sector experienced significant growth, with commercial real estate leading the way. Demand for Grade-A office spaces grew by nearly 15%, driven by business expansions and a notable increase in interest from Global Capability Centers (GCCs) and flex office operators. Gurugram reaffirmed its status as a top commercial hub, attracting dozens of multinational corporations and thousands of professionals.”

He elaborated further, “The city’s strategic location, seamless connectivity, and infrastructure upgrades—such as the nearly 30 km-long Dwarka Expressway—made it a magnet for global investors and retail brands. This influx boosted both retail and office space absorption by approximately 20%. As we look ahead to 2025, Gurugram is set for even greater growth, with ongoing infrastructure developments and rising demand cementing its position as a preferred destination for commercial real estate in India.”

Noida also emerged as a focal point for premium office and retail spaces.

Amish Bhutani, Managing Director, Group 108, noted, “The year 2024 witnessed the real estate sector transforming comprehensively. The year specifically marked a milestone for Noida and Greater Noida’s commercial real estate, especially along the Noida-Greater Noida Expressway, where demand for premium office and retail spaces surged.”

He added, “This growth was driven by the increasing presence of IT/ITES and global corporations seeking to establish a foothold in the region. The expressway’s enhanced connectivity, combined with the upcoming Noida International Airport, has significantly boosted the area’s appeal. Amid this growth, the demand for office and retail development would increase exponentially. As we look to 2025, the region’s commercial real estate market will continue to thrive, driven by infrastructure advancements and a growing global business presence.”

Tier 2 Cities: The Emerging Real Estate Frontiers

Tier 2 cities such as Chandigarh, Dehradun, and Solan carved their space in the real estate sector, particularly in the luxury residential segment, which recorded a 25% rise in demand. Buyers were increasingly drawn to integrated developments, sustainability, and wellness-focused living.

Manit Sethi, Director, Excentia Infra, reflected, “2024 has been a landmark year for the residential real estate market, with luxury and high-end residential projects seeing a significant rise in demand, especially in Tier 2 cities. The focus on integrated townships, sustainability, and wellness-driven homes has captured the attention of homebuyers looking for a blend of comfort and functionality.”

He continued, “Cities like Dehradun are rapidly emerging as luxury housing destinations. Amid the city’s evolving infrastructure and increasing demand for modern living spaces, we anticipate an even more robust growth in 2025. The emphasis will shift towards eco-friendly developments and tech-enabled homes that offer enhanced convenience and energy efficiency.”

Prateek Mittal, Executive Director, Sushma Group, added, “This year underscored the resilience and potential of the real estate market across key regions like Chandigarh-Tricity, Ludhiana, Kasauli, Solan, and beyond. At Sushma Group, we have been at the forefront of sustainable and integrated developments, fostering spaces that enhance lives.”

He further remarked, “As we move forward, we aim to harness technology and sustainable practices to create future-ready projects that inspire confidence and redefine urban living.”

Furthermore, Mukul Bansal, Managing Director, Motiaz Group said, “2024 has been a transformative year for the real estate industry. At Motiaz Group, we embraced innovation, prioritizing customer-centric developments that align with changing market demands. As we step into the new year, our commitment remains unwavering—to deliver excellence, create value, and redefine the benchmarks of quality and trust in the real estate sector.”

Tejpreet Singh Gill, Managing Director, Gillco Group, “2024 marked a year of growth and innovation for Gillco Group. We focused on delivering homes and commercial spaces that resonate with the aspirations of our customers while maintaining the highest standards of quality. Looking ahead, we are committed to driving excellence, strengthening our community-centric approach, and shaping the future of real estate in the region with integrity and vision.”

Looking Ahead to 2025

As Indian real estate transitions into 2025, the sector is poised for a new era defined by sustainable innovation, integrated communities, and convenience-driven living. The symbiotic growth of Tier 1 and Tier 2 cities highlights a balanced development trajectory, offering investors and homebuyers a plethora of opportunities.

Corporate Cricket Action Unfolds as G Square Successfully Organizes Lubber Pandhu Tournament in Kovaipudur

2nd Jan 2025  Coimbatore, Tamil Nadu, India G Square Realtors hosted a spectacular display of corporate sportsmanship at the G Square Lubber Pandhu Corporate Cricket Tournament, held at their prestigious G Square World project in Kovaipudur on December 30, 2024. The tournament brought together 30 teams from diverse sectors, including IT, banking, and corporate houses, making it a vibrant event filled with competitive energy.

The participating teams included notable corporate companies such as Piramal Finance, HDFC Sales Pvt. Ltd., VVDN, Dream XI, Technoturf, IDFC First Bharat, Cholamandalam, ICICI, Texila, Nesaware, Apex On, G Square Coimbatore, Suriyan FM, Eagle Quest International India Pvt. Ltd., PACTRON, Dhux Tech, Ujjivan, OODU, 11 Warriors, Leap Green Energy, HDB, GEP Solutions, L&T, Cameron, AgencyFlow India Pvt. Ltd., AKG Kinathukadavu, Cora Health, Corporate Cricketer Club, and Pitch Burners. The diversity of teams brought a unique blend of talent, making the tournament a thrilling experience for players and spectators alike.

This Corporate Cricket Tournament is supported by Suriyan FM as the official radio partner, the tournament culminated with a nail-biting final between Pitch Burners and VVDN, with Pitch Burners emerging victorious. The winner Pitch Burners received a cash prize of Rs. 50,000 along with a trophy, while the runners-up, VVDN, were awarded Rs. 25,000 and a trophy.

Speaking about the event, Mr. Bala Ramajeyam, Managing Director of G Square, said, “The G Square Lubber Pandhu Corporate Cricket Tournament has been a resounding success, bringing together talented teams from diverse industries and showcasing the true spirit of sportsmanship. At G Square, we are proud to host such vibrant events that foster camaraderie and community engagement, reflecting our commitment to building more than just spaces – we are creating opportunities for people to connect and thrive.”

The G Square Lubber Pandhu Corporate Cricket Tournament kicked off at G Square World, Kovaipudur, a premium residential and commercial villa plot community that served as the perfect venue for this grand event. Spanning 700 acres, it is Tamil Nadu’s first and only project of this scale. Strategically located next to CS Academy, G Square World boasts Tamil Nadu’s first six-themed secured villa plot community. Its cooler climate, with temperatures consistently 6 degree C lower than the city average, adds to its appeal. With the upcoming Western Ring Road (WRR) promising tremendous growth potential, the area is poised for significant appreciation. Additionally, the project offers prime accessibility, being surrounded by some of the best educational institutions in Coimbatore.

Community Engagement and Sporting Spirit

The G Square Lubber Pandhu Corporate Cricket Tournament successfully fostered a sense of community while highlighting the spirit of sportsmanship. G Square Realtors extends its gratitude to all participating teams, supporters, and Suriyan FM – The official radio partner, whose collaboration made this event a grand success.

OneScore App: Your Gateway to Instant Loans of Up to ₹5 Lakh Anytime, Anywhere!

2nd Jan 2025  Pune, Maharashtra, India Many potential borrowers worry about their credit score when applying for an instant loan. This concern often arises because a lower credit score can impact the chances of loan approval or result in higher interest rates. A lower credit score may signal a higher risk to lenders, leading to higher interest rates, or even rejections in some cases.

With the OneScore app, customers can check and track their credit score on the go. With lifetime-free credit reports and scores from both CIBIL and Experian, customers are offered a spam-free, ad-free platform to regularly monitor and improve their score according to their goals. What’s more, customers also get access to an instant loan of up to Rs. 5 Lakh right on the OneScore app.

Instant Loans and Their Uses

Instant loans provide quick access to funds with minimal paperwork and zero collateral. Processed within hours, they offer a fast solution for various financial needs. Prior to finalising the lender, borrowers should review loan terms, interest rates and repayment schedules to ensure the loan suits their financial situation.

Here are a few reasons why these loans are in high demand:

  • Fast processing and minimal paperwork, enabling quicker access to funds
  • Lower interest rates compared to credit cards, making them a more cost-effective option for those with good credit scores
  • Quick disbursals, often within hours, for urgent needs like medical expenses or home/vehicle repairs
  • Fixed monthly repayments and flexible terms to help manage financial obligations
  • No requirement of collateral, making the borrowing process faster and less stressful
  • Borrowers have the flexibility to choose their borrowing amount, avoiding the risk of borrowing more or less than required

Important Considerations

Here are a few things borrowers should be careful about while opting for an instant personal loan:

  • Credit Score Impact

Timely repayments can improve a borrower’s credit score. However, missed payments may cause a dip, affecting future borrowing opportunities. Hence it’s important for borrowers to stay consistent with timely payments.

  • Interest Rates

Interest rates for instant loans typically range from 10% to 20%, reflecting their unsecured nature and quick disbursal.

  • EMIs

Loans are repaid through monthly instalments, which are typically auto-debited from the borrower’s account to prevent missed payments. Hence, borrowers should ensure their auto-debit is activated so that they never miss on their EMI payments.

  • Usage

These loans provide the flexibility to use the funds as needed, without restrictions.

  • Prepayment Terms

While many lenders allow early repayment, some may impose penalties. Borrowers should review the terms if they plan to repay the loan early.

  • Additional Charges

Borrowers should be aware of additional fees, such as processing, late payment and prepayment charges.

8 Ways to Utilise a Rs. 5 Lakh Loan from OneScore App

There are several reasons why borrowers apply for a personal loan online. Here are 8 ways in which customers can use the Rs. 5 Lakh loan from OneScore App

Wedding Expenses

Borrowers can use these funds to supplement various wedding-related costs, including:

  • Venue
  • Catering
  • Decorations
  • Wedding attire (dresses, suits, accessories)
  • Photography and videography
  • Entertainment (DJ, live music)
  • Invitations
  • Wedding favours
  • Transportation (for the couple or guests)
  • Makeup and hairstyling
  • Event planning services
  • Floral arrangements

They can thus enjoy their special day without financial strain.

Vehicle Purchase

Instant loans provide quick funds for purchasing a vehicle, allowing repayment through affordable instalments.

Home Renovations

These loans can finance home improvements, enabling upgrades to meet personal needs.

Education Costs

Customers can use these funds to help cover various study-related expenses, making higher education more accessible. Some of the common costs include:

  • Tuition fees
  • Accommodation and hostel charges
  • Books and study materials
  • Online course fees
  • Laboratory or practical fees
  • Examination fees
  • Transportation costs (to and from campus)
  • College/university registration fees
  • Laptop or technology purchases
  • Miscellaneous academic supplies
  • Boarding and lodging expenses (if studying abroad)

Vacation Funding

Instant personal loans allow customers to fund their holidays, making travel possible without the stress of large upfront expenses. Here are a few common costs associated with vacation plans:

  • Airfare or travel tickets
  • Accommodation (hotel, resorts)
  • Transportation (local travel, taxis, rentals)
  • Food and dining expenses
  • Sightseeing tours and activities
  • Travel insurance
  • Visa and passport fees
  • Shopping and souvenirs
  • Spa or wellness treatments

Medical Expenses

These loans can cover medical treatments or elective surgeries, ensuring that customers can receive timely care when needed.

Home Down Payment

Bridging the gap for a home down payment is now easier than ever. Customers can achieve homeownership despite a lack of sufficient savings for a down payment.

Technology Upgrade

Customers can use these funds to finance the purchase of new gadgets or upgrade their existing ones. Thus, staying current with the latest technology is now possible without straining their budget.

Instant personal loans provide a flexible and efficient solution for those needing funds. With minimal paperwork, quick disbursement and no collateral, they are growing in popularity. Using the OneScore app, customers can track and improve their credit scores while accessing loans up to Rs. 5 Lakh.

Before applying, borrowers should review loan terms, interest rates and repayment plans. They should ensure that these factors align with their financial situation. By making informed decisions, borrowers can use these loans responsibly to manage expenses while maintaining their long-term financial goals.

CREDAI-MCHI’s Quick Real Estate Mall Transforms Home Buying

Mumbai, December 30, 2024 : CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), is set to redefine home buying with the launch of India’s first-ever Quick Real Estate Mall at the upcoming 32nd CREDAI-MCHI Property and Home Finance Expo. Scheduled from January 17 to 19, 2025, at the Jio World Convention Centre, the event will introduce a groundbreaking approach to home buying, tailored to empower women and streamline the purchasing process.

This year’s expo will place a strong emphasis on Pink Sunday, a dedicated initiative focused on empowering women homebuyers through the MCHI STREE Awas Yojana. This program underscores CREDAI-MCHI’s commitment to making homeownership more inclusive and accessible for women, aligning with its vision of fostering transparency, trust, and empowerment in the real estate sector. By addressing the unique needs of women in the home-buying journey, the initiative ensures a supportive and welcoming environment for aspiring homeowners.

Speaking about this transformative initiative, Mr. Dominic Romell, President of CREDAI-MCHI, emphasized, “The Quick Real Estate Mall is a reflection of our vision to transform the real estate sector with innovation and customer-centric solutions. By streamlining the home-buying process and introducing unique features, we are making homeownership more accessible, especially for first-time buyers. This is not just an event; it is the beginning of a new era in Indian real estate.”

He added, “This expo is designed to provide an unparalleled experience to buyers. From the Friday Ambassadors Connect, which will see the participation of over 5,000 channel partners, to the Super Saturday Sale offering exclusive deals, we have planned engaging initiatives to benefit everyone involved.”

Nikunj Sanghvi, Chairperson of the Expo and Treasurer of CREDAI-MCHI, remarked, “We are thrilled to present this groundbreaking initiative to redefine how people experience real estate. With dedicated efforts like Pink Sunday and the Quick Real Estate Mall, we aim to address the evolving demands of homebuyers while empowering women to take confident steps towards homeownership. This expo will set a new benchmark in creating an accessible and inclusive home-buying ecosystem.”

The Quick Real Estate Mall is poised to revolutionize the home-buying experience by enabling prospective buyers to book their dream homes and secure loan approvals within just ten minutes. This innovative concept addresses the growing demand for convenience and efficiency, streamlining the entire process and setting a new standard in the industry. With this initiative, CREDAI-MCHI aims to enhance accessibility for first-time buyers and create a seamless experience for all participants.

The three-day event will also host prestigious awards ceremonies, including the Golden Pillars Awards and Spaciux Awards for Architects, celebrating excellence and innovation in the real estate sector. These initiatives aim to create an engaging platform for developers, financial institutions, and homebuyers to connect, collaborate, and explore new opportunities.

RG Luxury Homes: RG Group Prepares to Deliver 600 Units in 3 New Towers

NCR, 30 December 2024: Breaking the stereotype, RG Group has completed construction and formalities of another phase of RG Luxury Homes and obtained the Occupancy Certificate (O.C) for towers D, E and F from competent authorities under the monitoring of IRP (Insolvency Resolution Professional). The group is all set to offer possession and hand over the keys to 600 flat owners. Last year the group obtained OC in A, B, C and M towers comprising 850 units. The project is located in Sector-16B in the Greater Noida West, near Ek Murti Chowk in Uttar Pradesh.

RG Group is gearing up to offer possession of units and commence the process of handover in these units. As a breakthrough, RG Luxury Homes is the first project in Gautam Buddha Nagar to receive an OC after securing an order of Reverse Insolvency from NCLT and completing a stuck project under the supervision of IRP (Interim Resolution Professional).

RG Luxury Homes (2)

The project is spread over 18.5 acres having the biggest landscape podium and world-class amenities to its allottees, RG Group’s RG Luxury Homes has achieved OC of 7 towers out of 9 which went under insolvency. The rest of the towers and project is under construction and will be delivered in different phases. Mainly, phase 1 of the project was affected due to proceedings in NCLT since September 2019 which has approximately 1918 units.

As per the process, an IRP was appointed around July 2021 for the revival of the project which was a massive task at that moment. During the process, the promoter expressed his willingness to complete the project and presented a very robust revival plan with the inclusion of finance and time-bound targets. The plan was well supported by all the stakeholders, and allottees, including financial institutions, Greater Noida authority and NCLT-appointed IRP.

In a concise span of three months, around October 2021, RG Group commenced the remaining construction and development work of the project again under the stringent supervision of all stakeholders and IRP, resulting in the completion of a stalled project.

Himanshu Garg, Director, of RG Group said, “Securing the Occupancy Certificate (O.C) of another 3 towers of RG Luxury Homes marks an important milestone for us. Now, we have OC of 7 towers comprising 1450 units and we are extending a warm welcome to our esteemed customers as they embark on their journey to a new experience. It is a testament to our hard work, dedication, and most importantly our willingness to complete the project at any cost that offers a modern-day living. Very soon remaining 460 units of phase 1 will be delivered.”

Mr Manoj Kulshrestha, IRP, said, “Looking at the present scenario of real estate projects hitting NCLT and prolonged resolution process, resolution of RG Luxury Homes was a challenging task in the certain period. But yes, this has created a history in the real estate sector and established a benchmark for others too.”

The IRP further mentioned that to complete the project as per the submitted plan, the promoters willingly sold their personal assets, collaborated with financial institutions and most importantly maintained the faith of the customers in the quickly changing working structure without compromising the quality of construction.

The group’s success can be attributed to its deep understanding of customers and focus on providing practical homes. The company has differentiated itself by incorporating distinctive designs to create an environment where the residents can actively participate, preserve, and connect with the green landscapes around them. The consistent effort to complete the project despite facing insolvency, arranging funds, and maintaining customer trust is a testament to the consumers.

Saurabh Jain, Advocate said “Reverse-CIRP which started with this case has proved to be a great success for real estate projects where the biggest sufferers are homebuyers. Though there were few hurdles initially, as IBC does not provide any specific provision for completion of the project by the promoter, however, looking at the kind of difficulties that the homebuyers had to face in the normal CIRP including but not limited to the uncertainty of completion of project, additional monetary demand by new resolution applicant, quality of construction or facilities being actually given vis-à-vis what is assured under BBA etc., Hon’ble NCLAT took the initiative to devise this unique mechanism for adequate redressal of all issues pertaining to real estate project where the homebuyers have invested their life time savings for their dream home.

Mr. Jain further says, Reverse-CIRP is a win-win for every stakeholder of the corporate which is inreal estate sector. It is about time that reverse insolvency process is incorporated as the first and foremost option for resolution under IBC for any corporate dealing with real estate project as the same would not only save the valuable time for the stakeholders as well as for Tribunals/Courts, but also ensures maximum benefit to every stakeholder as compared to normal CIRP where the financial creditors have to forgo a large portion of their interest in the form of haircut and the operational creditors including the statutory authorities are usually left with nothing or negligible receivable against their actual claims towards the corporate debtor.

Kumar Mihir, advocate for the IRP in the Supreme Court says,” Thanks to the proactive approach of SC and NCLAT, this project has seen the light of the day. This hopefully will be an example that real estate projects can be revived if all stakeholders work with an open mind and have a collective approach to find the solution instead of just indulging in a blame game.

2024 Delhi Housing Search: Top Trends and Preferences

New Delhi, December 26, 2024: Magicbricks’ latest report reveals intriguing trends in how Delhi residents searched for homes in 2024, highlighting preferences influenced by location, amenities, and property types.

A substantial 37% of searches were for homes near commercial areas, followed by 34% near industrial zones and 28% near office hubs. Ready-to-move apartments dominated interest, with 79.43% of searches favouring this option, while 59% of homes sought were newly built, and 41% were resale properties.

Amenities like family-friendly spaces (17.3%) and fitness-friendly facilities (6.6%) outshined interest in smart homes (4.8%). At least 17.6% people in Delhi searched for 4bhk+ rooms, and 82% people searched for homes up to 4 floors only.

Rental preferences leaned towards convenience, with 41% of searches for fully furnished homes and 34.8% for semi-furnished options. Parking remains a key consideration, with 60% preferring homes with one parking space, and 20% favouring properties with more than three.

These insights underscore the diverse priorities of Delhi home seekers in 2024, reflecting both practical and aspirational living choices.